Posted on the Raging Bull:
Does anyone here know about this? Any other additional info?
Well, here is the story,... As you know FNLN
changed their name, and they have to change
out the CERTS. If you let your broker change
out the CERTS for you, then they got a letter
instructing them to change the CUSIP number and
symbol change (FNLNZ). Bad news here,..FNLNZ
isn't trading, while FNLN IS. Many people
have stock in FineLine Properties but their
stock has been changed over to the new stock
already, which isn't trading yet. More bad
news. I talked with Ameritrade just now, and
they have changed out everyone's account
to the new stock symbol, and they don't know
when FNLNZ will start trading. Even more bad
news,...they told me they have not been able to
reach the Transfer Agent (TA) nor anyone at the
company.
So,...unless you are holding your CERTS, you
aren't going to be trading, until FNLNZ starts
trading. This also may cause people to not
buy stock into FNLN until the symbol changes.
You can try and call the TA (Shelly Godfry)
at (702) 361-3033 or the company at
(330) 678-5558 and find out when the symbol
is to be changed.
I suspect a LOT of people are in this situation.
If you traded out your certs yourself,...you
are in the same boat. The PR states the CERTS
needed to be changed out by June 1. I hope
they don't wait this long to activate FNLNZ. |
