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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?


To: Timbo who wrote (39336)11/18/1998 5:55:00 PM
From: zonkie  Read Replies (1) | Respond to of 41046
 
>>>call your broker, and have your certificate mailed to you.<<<

I recently had some certs sent to me from Waterhouse. They told me it would cost $15 dollars for them to do it but if I would get in touch with the transfer agent and get it directly from them there wouldn't be any charge. I chose to let them handle it and pay the small fee. There are some people that say you should beware of a stock whenever you hear the words "call your certs into your own name". This is probably true with most BB stocks for more than one reason. At my brokerage you can sell your stock even before you send the certs in to them, I guess it would be the same at most other places but you should check to make sure if you think you might ever want to sell on the spur of the moment. I believe you have 3 days to get them to the broker when you sell so you would probably have to use one of those overnight delivery deals.

zonkie....



To: Timbo who wrote (39336)11/19/1998 10:50:00 AM
From: Mitch Aunger  Read Replies (2) | Respond to of 41046
 
Timbo,

Yes, it was me who was doing the survey of shareholders.

The last totals I had were:

172 people or groups
3,826,510 shares

avg 22,247 per person/group

IF there were enough support for a share certificate call, I would certainly volunteer to maintain the totals.

I think it has surely helped the DCI effort. Don't know if it would be enough to help the FTEL price.... tho I know there are some very large holders that didn't report to me... that number above (at the time) was 24% of the total number of shares outstanding. I don't think that is as high as the DCI count would be. Tho, we might be able to have some impact on the price for the future if we were to do a certificate call.

What does everyone think?

Mitch