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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: zonkie who wrote (15545)1/8/1999 5:12:00 PM
From: Janice Shell  Read Replies (2) | Respond to of 26163
 
Janice let's say someone bought a bunch of 144 stock when Wellrich was pushing it for AZNT, and let's say you now wanted to register to sell this stock. Would you be able to do it? Would you be able to get your certs in paper form if you wanted?

As I understand it, the 144 stock that was sold as a result of WellRich referrals had a one-year hold, and so most of all of it should qualify for registration and subsequent sale at this point. That's not the problem.

The problem is that Mikey's the Transfer Agent From Hell. He refuses to issue certs, refuses to sign off on anything. I don't doubt his TA books make for very interesting reading.



To: zonkie who wrote (15545)1/9/1999 7:33:00 AM
From: tonto  Read Replies (1) | Respond to of 26163
 
Zonkie, your question really deserves more time spent on it than it has received. Who are the shareholders who purchased stock and apparently cannot sell their shares if they so desire? Are they wealthy aggressive investors or just ordinary people? Who has taken the time to learn more about these individuals? <VBG>

The restriction period is over. We are all aware of that. There are investors who want their small investment cashed in, right now, and are not being satisfied, what so ever. No one can support innocent people not having the ability to sell their shares when they make a personal decision to do so. That is wrong and against everything we want in a safe investing market.

GIFS had a situation whereby an innocent man tried to sell his shares for a long time. The restriction period had passed. The company did everything they could to stop him, and they won. The stock was permanently halted. The individual was made out to be a bad guy by the company, when in fact he was an innocent shareholder. That scenario unfortunately repeats itself in the penny stock world too frequently, and as long as there are dupes who support these companies it will continue. That is wrong.

When one knows about the number of shareholders involved and the size of their individual investments, honest people will be outraged.

Janice let's say someone bought a bunch of 144 stock when Wellrich was pushing it for AZNT, and let's say you now wanted to register to sell this stock. Would you be able to do it? Would you be able to get your certs in paper form if you wanted?

I'm worried about ratso being in Jill jail, does it have a concrete floor? I know he is rolling on the floor.

z.................