GREY:CTABF - Post by User
Comment by
Tonydeon Mar 28, 2019 9:44pm
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Post# 29551771
RE:RE:Re TFSA SPIN OFFS
RE:RE:Re TFSA SPIN OFFS
Everyone that owned Telferscot (TFS) shares last year should have received a letter from their broker stating that the SpinCos (numbered corporation) were Non Qualified Investment (NQI) for any Registered Account, and investors were given three (3 ) options (by Law), one of them to move them into a cash account. Now that one of them is listed, CB2 Insights Inc. (CBII), this security can be moved back to any Registered Account. The other six should remain in a cash account until the day they are listed on an exchange. By now CBII shares should show into your account stating the number of shares (at the ratio of 16.5 old shares for 1 New Share) and the value ($). By the way, our Cost was 16.5 cents per CBII share. In regards of TD will not accept your instructions, if it was me, I will transfer my securities to another broker. I don't mean to sound rude, however it's my hard earned money. Hope that this will shed some light. GLTA.