Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum American Creek Resources Ltd V.AMK

Alternate Symbol(s):  ACKRF

American Creek Resources Ltd. is a Canada-based junior mineral exploration company, which is engaged in the acquisition and exploration of mineral properties, principally for precious metal deposits. The Company’s projects include Treaty Creek and Austruck-Bonanza. The Treaty Creek Project covers approximately 114 square km in the Skeena Mining District of northern British Columbia and is... see more

TSXV:AMK - Post Discussion

American Creek Resources Ltd > TD HAS MADE incorrect SHARE DISTRIBUTION
View:
Post by NOMOREROLLBACKS on Mar 03, 2021 7:05pm

TD HAS MADE incorrect SHARE DISTRIBUTION

E
TD DECIDED TO distribute SPINOUT SHARES BASED ON OWNERSHIP TODAY MARCH 3 INSTEAD OF CLOSE OF BUSINESS FEB 24...... THIS WAS FROM THE PHONE IN TD REP AFTER SHE TALKED TO THE BACK ROOM BOYS.. I PHONED IR AT AMK, THEY CHECKED WITH THE TRANSFER AGENT AND EVERYTHING WAS LEGALLY CORRECT UNTIL TD DISTRIBUTED THE SHARES THEY RECEIVED FROM THE TRANSFER ENTITIES TO INDIVIDUAL TD ACCOUNTS......... WE ARE OWED, FOR EXAMPLE, 5831 STINGER SHARES AS THEY, ON THEIR OWN INITIATIVE, TOOK HOLDINGS AS OF TODAY MAR 3 NOT FEB 24 CLOSE OF BUSINESS... ...THEY PROBABLY HAVE KEPT THE EXTRA SHARES FOR THEIR BACK ROOM TRADERS ACCOUNTS............. IF YOU DO NOT CHECK BY MULTIPLYING . 11234 X THE NUMBER OF SHARES IN YOUR ACCOUNTS ON THE 24TH YOU WILL LOSE YOUR CORRECT STNG SHARES PHONE IN TO GET YOUR COMPLAINT IN TOMORROW AM.. THE REP HUNG UP ON ME AT 3. 01 TODAY, CLOSING TIME, AS I WAS TRYING TO TALK THE MANAGER AT MARKHAM........ ASK FOR THE MANAGER... THE REP COULDN'T EVEN TELL ME WHO SHE TALKED TO..... IS IT TIME TO GO ELSEWHERE??????
Comment by NOMOREROLLBACKS on Mar 03, 2021 7:07pm
. 11324 x shares held on feb 24
Comment by dcully on Mar 03, 2021 8:58pm
I'm in the same boat as you with TD NOMOREROLLBACKS. I received appropriate STNG for the AMK shares still in my account today but I didn't receive the STNG I'm due for the quantity of AMK shares I sold on Feb 25th. Guess I'll be on the phone with TD tomorrow to sort it out......   Surprising that they would screw up on the Feb 24th effective date........ Thanks for pointing ...more  
Comment by NOMOREROLLBACKS on Mar 04, 2021 12:11pm
how did you make out with TD. DID YOU GET YOUR CORRECT NUMBER OF SHARES?
Comment by dcully on Mar 04, 2021 12:26pm
I called TD this morning and they opened a problem ticket, their  back room will investigate and get back to me in one business day. So I'm still up in the air......  I sold the AMK shares during the day on Feb 25th so I met the qualification criteria of AMK holdings as of end of business Feb 24th..... I'll provide an update when I hear back... Still have a large chunk of AMK ...more  
Comment by rusty111 on Mar 04, 2021 12:42pm
Honest mistake ?  They are supposed to be professionals at TD .  Or 
Comment by ArkanesValor on Mar 04, 2021 12:59pm
In my years i've learned when it comes to money it's rarely an "honest mistake"
Comment by NOMOREROLLBACKS on Mar 04, 2021 4:17pm
I TAKKED WITH TD MONTREAL MANAGER................. BOTTOM line is that CUSTODIAL STAFF DISTRIBUTED SPINOFF SHARES TO THOSE THEY HAD ON THE BOOKS AS OF MAR 3, NOT FEB 24,CLOSE OF BUSINESS....... PERSONS WHO BOUGHT HUNDREDS OF THOUSANDS OF AMK SHARES AFTER THE 24 UNTIL THE 3RD, AT TD, WILL HAVE RECEIVED FREE STINGER SHARES THAT BELONG TO FEB 24 HOLDERS..... GREAT SYSTEM THEY HAVE AT TD..... IM GLAD ...more  
Comment by dcully on Mar 04, 2021 4:39pm
NOMOREROLLBACKS - OK if I include your comments above in an update note I am sending to TD regarding my trouble ticket on this matter? Regards
Comment by dcully on Mar 04, 2021 4:41pm
I think I'll copy Investor Relations  at AMK on it as well so they are a ware of the issue
Comment by NOMOREROLLBACKS on Mar 04, 2021 8:46pm
OF COURSE,,,, NO NEED TO ASK..... ON TDS ACTIONS IF INSTEAD OF ME SELLING TO ROUND DOWN TO AN EVEN 900,000 AFTER FEB 25, I HAD INSTEAD SOLD EVERYTHING ON ANY DATE UPTO MARCH 3, I would HAVE RECEIVED........... NO SPINNER SHARES BECAUSE THAT WAS THE DATE TD DECIDED TO ISSUE THE SHARES........................ THE NUMBER OF TOTAL SHARES WAS DETERMINED BY AMK, THE TRANSFER AGENT, AND SOME OTHER AGENCY ...more  
Comment by dcully on Mar 04, 2021 10:50pm
Thanks for the OK.... e-mail sent to TD and I copied American Creek (Kelvin Burton). I'll give Kelvin a call tomorrow so they are aware of the issue....
Comment by rusty111 on Mar 04, 2021 5:35pm
So Stinger trades tomorrow and the share allocations are incorrect . How do they correct a stock allocation once the stocks in play and being traded ? sounds bizarre 
Comment by fordster on Mar 04, 2021 6:02pm
Great point....with that in mind, this whole thing should be ironed out by tomorrow...perhaps they have an account to hold them in.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities