RE: What do we want?.....Accustem. When do we want 'em?........NOW!2 Mar 2021 11:23
Davey & legalwolf
"I would suggest that everyone goes onto the Tiziana Life Sciences website and clicks on the Contact page, then sends a polite inquiry. "
6th of Jan I did this asking the two questions that legal wolf suggested.
Under the nasdaq "due bill" process it would mean that although the record date has passed the ex date hasn't.
So I asked the following questions:
1. If I sell my adr shares today which have been held over a year will I still get accustem shares as they were held past the record date?
2. If I buy adr shares today and keep them long term will I get accustem shares even though I have bought after the record date. If so why? Is this because of the due bill process on the nasdaq.
I followed up with several phone calls over a few weeks. When talking to them , they knew my email right away and said they didn't know the answer and they were investigating it. They said that the due bill process on the nasdaq made it much more complex than the uk traded share.
I also followed up with more emails chasing, I never received a single reply or acknowledgement.
In frustration I sent them a stronger email about 3 weeks ago saying that they really have to know themselves the answer to the questions, otherwise they are trading a stock that an investor can't value because even the company itself doesn't know, and continuing to trade a share in this manor breaches nasdaq rules as there can be no doubt the market is confused if the company itself is.
I do love the company but I do find all of this extremely poor.