I have a 36,000 shares of a $0.30 stock. The company is still in business and is listed. The stock certificated is stamped restricted. I contacted the company to remove the restriction & was told the records were lost for 2001 when is was issued. So the restriction can not be removed. I asked for a replacement issue of stock was told he couldn't or wouldn't do it because of no records. He told me to put it in a picture frame. What to do?

  • 2
    You're asking "What to do?" but haven't told us what you're trying to accomplish. Do you want to sell the stock? transfer it?
    – Cody
    Commented Jul 31, 2019 at 17:40
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    Also, what is the restriction? It should say on the certificate...
    – Cody
    Commented Jul 31, 2019 at 17:49
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    Put it in a picture frame?
    – stannius
    Commented Jul 31, 2019 at 18:05
  • 3
    File a complaint with the SEC: sec.gov/oiea/Complaint.html Commented Jul 31, 2019 at 18:10


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