Post by
dowd on Sep 18, 2022 5:54am
Any other USA holders that still do not have their shares???
My shares are still "pending reciept" at Schwab. I have another friend friend also at Schwab who has not received them yet. Schwab did an investigation which took 5 days and found out that there is no estimated time for arrival.
Any other USA holders that got actual CEC shares into their accounts?
So, I emailed Jeff and he did not bother to reply.
Next week I am going to start phoning everyone at POE and CEC that I can and just leave messages. I am 12 hours time difference but these guys never answer the phone anyways.
Comment by
radcat on Sep 18, 2022 8:07am
I think your issue is with Schwab, not with CEC. If you were thinking to selling your shares and I say if, you can't sell what isn't in your account which increases your risk of a loss. Can't margin either. If you are planning to keep your shares then it isn't as urgent. You should call your broker.
Comment by
dowd on Sep 18, 2022 10:51pm
Hi, Believe me I have called them more than 5 times. I kicked the problem up to their merger and reorgs dept who did an investigation. It has something to do with USA holders and exemption from registration. I do not believe any USA holders actually got their actual shares yet and just have a pending reciept for the shares. Radcat, were your shares with a USA or Canadian broker?
Comment by
dowd on Sep 19, 2022 11:01am
in case there are any other USA holders who have not received their shares, I spoke to someone at the company today and they are aware of the situation and it will take some more time. Also, I asked if they were going to do a website and they said it is under construction now.
Comment by
nozzpack on Sep 19, 2022 5:09pm
Thank you for that news re website..
Comment by
radcat on Sep 19, 2022 11:39am
My shares are with RBC and live in Toronto. Not sure what exemption from registration is all about or why that is taking this long. Good luck with this.