Post by LoveToFly on Aug 25, 2006 7:09:39 GMT -5
Just an FYI...
As you know, PAVC executed a 200-1 reverse split. According to their PR and 8K, if you held less than 100 shares post split, your holding was to be rounded up to 100 shares.
My holding was not rounded up, so I contacted e-trade and here is their response...
Dear Mr. LoveToFly,
This message is a follow-up communication to the previous message that was sent to you regarding your shares of PAVC. After researching the matter further for you, our back office has notified me that the round up request has been submitted to the transfer agent and that the account will be paid upon receipt of the shares. The approximate time for completion of this process is three weeks.
In the meantime, please feel free to contact us if you do have any further questions or comments and we would be more than happy to assist you. Thank you again for your message and we value your business.
Thank you for choosing E*Trade Financial for your investing, banking and lending needs. We encourage you to continue using the Help Center for any assistance in the future. You are also welcome to call us at 1-800-ETRADE1 (800-387-2331) between 7AM and 12AM EST, seven days a week. International customers please dial 1-916-636-2510.
Sincerely,
John Ahn
(201) 308-4507
Monday through Friday 7:30am to 4pm EST
Financial Services Representative
E*TRADE Securities LLC
If you didn't get at least 100 shares after the reverse split, CONTACT YOUR BROKER!!!
As you know, PAVC executed a 200-1 reverse split. According to their PR and 8K, if you held less than 100 shares post split, your holding was to be rounded up to 100 shares.
My holding was not rounded up, so I contacted e-trade and here is their response...
Dear Mr. LoveToFly,
This message is a follow-up communication to the previous message that was sent to you regarding your shares of PAVC. After researching the matter further for you, our back office has notified me that the round up request has been submitted to the transfer agent and that the account will be paid upon receipt of the shares. The approximate time for completion of this process is three weeks.
In the meantime, please feel free to contact us if you do have any further questions or comments and we would be more than happy to assist you. Thank you again for your message and we value your business.
Thank you for choosing E*Trade Financial for your investing, banking and lending needs. We encourage you to continue using the Help Center for any assistance in the future. You are also welcome to call us at 1-800-ETRADE1 (800-387-2331) between 7AM and 12AM EST, seven days a week. International customers please dial 1-916-636-2510.
Sincerely,
John Ahn
(201) 308-4507
Monday through Friday 7:30am to 4pm EST
Financial Services Representative
E*TRADE Securities LLC
If you didn't get at least 100 shares after the reverse split, CONTACT YOUR BROKER!!!