janice shell
8 years ago
Does your certificate have a restrictive legend on it? (It'd probably be on the back.)
If so, you'll need to get a legal opinion from an attorney stating that the stock is eligible to have the legend removed. You'll need to send the letter to the company, the transfer agent, and your broker, along with additional paperwork.
The best way to proceed might be to contact your broker first. Explain the situation, and ask what to do. They may recommend an attorney. Be sure also to ask about costs. The attorney will charge anywhere between $300-$500 for the letter. And then the TA will charge a fee--but a smaller one--to exchange certs. With luck, once the stock is freed up, the TA will be able to DWAC it into your account, rather than send you a new cert that you'll then send to your broker.
And before you start, add up those costs and consider whether they're worth the expense. That was a very big reverse split. Also, make sure your broker will accept the stock for deposit in the end. Some brokerages are getting very picky about that.
DaReal
8 years ago
The Insider count on its own is >85M...
and now they update the OTC Page with the 84.7M count?
Name of Beneficial Owner Number of Shares Percent
Founders Bay Corp. 35,000,000 29.23%
Gene Foland 6,670,510 5.57%
Industrial and Financial
Investment Company 8,000,000 6.68%
Memphis LTD 11,032,240 9.21%
Saad M. Schuaib 24,456,275 20.42%
Total 85,159,025 71.11%
and the Outstanding Shares are reported with 84,743,479 a/o Dec 27, 2016 while the Insiders are holding >85M shares or 71% (OF THE O/S) in total?? Based on the above the O/S should be close to 120M but can't be just 84.7M.
Something doesn't add up at this point, JMHO.
Calvin Hobbes
8 years ago
It's been updated now. Great stuff coming..
IXSV Security Details
Share Structure
Market Value1 $940,653 a/o Dec 28, 2016
Authorized Shares 1,000,000,000 a/o Aug 09, 2016
Outstanding Shares 84,743,479 a/o Dec 27, 2016
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float Not Available
Par Value 0.0001
Transfer Agent(s)
Pacific Stock Transfer Co.
Shareholders
Shareholders of Record Not Available
Security Notes
Capital Change=shs decreased by 1 for 400 split. Pay date=05/27/2005.
makinezmoney
8 years ago
Yessssss... everyone uses the same address
As everyone.
Its so simple.
Makes sooooo much sense now.... Looks like your intentions are crystal clear.
Maybe one day you will achieve your goal.
Is this also the same address for everyone...........
L: 913 N Market Street, Suite 200, Wilmington, DE 19801
or
20-22 Wenlock Road, London, England N1 7GU
Sobek
8 years ago
It's a process, be patient and peak at the chart, this is the loading zone. I picked a price and I'll wait to get filled.
If they indeed go current, finalize the merger, and PR it with a little more info on the infrastructure, with the numbers they're showing, we might have a real winner. If it doesn't work out, we sell and move on.
Bid went from .0016 to .01 in 10 minutes and held, people know what's up here. There was 200k at .01 before 10k blocked it at .0102. I think the closing bid was .015? LOL, not bad on 500k shares traded!
Do some digging on FBT itself and the London location, it's a decent operation in my opinion, in business since 2013 I believe, like 50 employees. The WY location license is new, expansion in progress? Also I read they have plans to expand to the South American market. I just googled the London business description websites and like 100 came up. I figure a few have to be close lol!
Waiting on current status $IXSV