I Noticed I did not mention that I havedone the paper work. I first waited a good while, then called my local Scottrade broker. He said I would be receiving a form in mail that I had to complete saying I did not owe Israeli taxes, It came that day, I took completed form to him and he completed what they had to do. He is very nice guy, been over that office for many years. He said if I had mailed it to the address on the form, they would then hvee had to send it back to Scottrade. So, it is just something that happens when you deal with other countries.I myself had no desire to sell, just wanted to get PBTH off screen.
Hi Mofisher22. What do you mean by "He said if I had mailed it to the address on the form, they would then hvee had to send it back to Scottrade?" Two weeks ago I completed the form which was a copy of the original form that Scottrade sent me. I mailed certified to Phoenix Advisors as directed in the instructions. I did not have Scottrade to fill out anything for me. I haven't got my PBTH shares converted to OPK yet.
Thank you in advance :-)
I got my shares right away, but now they are gone until I return the Israeli tax exemption form. All shares will be returned to my account at that time. My brokers lawyer is submitting the exemption form for me.
Sentiment: Strong Buy
This might come as a shock to many of you, but, most frequently. the guy who takes the other side of your trade is your...........broker.
Here's a clue. The more stuff they give away to get you to play in their park, the more likely it is that they regard you as a FISH. The more free stuff they give you, as in charting and you name it, the more likely they regard you as fish. The more money they spend on network TV touting their brand, the more likely they regard you as FISH.
I like to fish. Lot's of times I catch lots of fish. Sometimes I catch none. One thing I do know is that if a fish didn't take my BAIT, I would never catch any fish.
Are YOU a fish? Just askin'.
I have had companies in the past merge or taken over , never had to fill out forms it was done automatically by the brokers in a couple of weeks , you clowns have no patience , and don't reply that it's because it's a foreign company it makes no difference
I got an answer from Scottrade on 10/1 that the Branch office would mail me another form, as if they had already done one mailing and this was to be a repeat.. but nothing so far
Sentiment: Strong Buy
Over 6k shares at etrade and nothing yet. They are the worst....even went so far as to tell me yesterday that nobody got their shares from the transfer co yet but that some brokerages front the shares that they know will be credited but "we dont do business like that." They sent me an email on 9/19 saying forms had been received and shares would be credited in 3-5 days. Then a rep tells me that on 9/25 they had to send proof of purchase which was never sent. 5 minutes after my account is credited it will be closed. F Etard!