SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Amazon Natural (AZNT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Ulrich who wrote (22201)4/9/1999 7:32:00 PM
From: Bill Ulrich  Read Replies (2) of 26163
 
Montal Gets To The Cert (w/ Quiel):

18 Q. So it would -- okay. I'd like to refer your attention to

19 certificate -- excuse me, to exhibit number 34. And that is a
20 copy of certificate number 2142, 4 million shares made payable
21 to the firm of J. B. Oxford.

22 A. Oh, I'm sorry. Which exhibit?

23 Q. 34.
24 A. Okay.

25 Q. Have you ever seen that document before?

ASSOCIATED REPORTERS OF NEVADA (702) 382-8778
QUILL - CROSS 227

1 A. Yes.
2 Q. When was that?
3 A. I don't recall exactly.
4 Q. In connection with preparing for this testimony?
5 A. Yes.
6 Q. Do you see any restrictive legends on the front or back of

7 that certificate?
8 A. No.
9 Q. Does that certificate appear to you to be in good
10 deliverable form?
11 A. It appears to be.
12 Q. If you contacted the transfer agent and called them up and
13 said, hey guys, I have certificate number 2142 of Amazon in
14 front of me. Is this valid for transfer? And they told you
15 yes go ahead and send it in, is that something that you would
16 rely on in --

17 A. No.
18 Q. -- taking that in?
19 A. No.
20 Q. And why not?
21 A. Because a certificate of this size I would call the

22 company.
23 Q. And if you had a letter from the company that said that
24 the certificates are in good form and without hold
25 restrictions would you rely on that?

ASSOCIATED REPORTERS OF NEVADA (702) 382-8778
QUILL - CROSS 228

1 A. I would still call the company.
2 Q. So you would never take in -- it's your opinion that a
3 brokerage firm should never take in a certificate of
4 approximately 4 million shares that is in good deliverable
5 form that the transfer agent has told you is valid and freely
6 transferable and you have a letter from the company that tells
7 you that there -- the certificate is valid and without hold
8 restrictions? It's your opinion that no brokerage should take
9 in that certificate without first calling the company; is that
10 right?
11 A. Yes.
12 Q. Okay. And did you follow that practice every time you
13 took in a certificate in all of your years as a broker?
14 A. No. 0nly in --

15 Q. I think you've -- you've answered the question. Thank

16 you.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News