Member Info for LordSnooty

is incomprehensible - the only thing most websites agree on is that the last trade was at $8. As to when that happened I can find different websites saying different things. From the lack of volume it appears that none of the new shares can be traded yet, otherwise what is the SP doing at $8? So the only shares under the GAIFD symbol so far are the 13.5m consolidated, former GSL shares.

If you are anticipating 9c at opening on Monday I'd say you need a few lessons with The Prof.

On my trading website XEN has become "9571" and is worth only 5p a share. Clearly the key to your success is having a more optimistic broker.

thanks for that - very interesting.

It's not clear who exactly will be able to trade GAIFD on Monday. As you say, UK holders will not be able to, and since they will likely provide much of the liquidity in the early days of US listing, the market in GAIFD/XBIO may be very skewed until our shares arrive on or around 7th February. In any event I do expect a decent premium to the risible 6p that we delisted at when the OTCQB opens on Monday. One major question that will affect how much of a premium is of course, will XEN announce some news simultaneously? My own feeling is that they may hold off for a few weeks to allow the share price to find its level on QB.

Monday. Hold.

http://www.otcmarkets.com/stock/GAIFD/quote

I did! An extravagent sell of one share!

on OTC today: $8/$20 - bid creeping up.

I can't say definitively - a tax accountant familiar with that subject could - but as a non-citizen and non-resident of the US, you should fill in form W8BEN - "Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding", which you can get from your broker. In my opinion your tax liability in the US will be minimal, if any at all, but speak to your broker.

just paid for 94k

soon-to-be X-rated Biological people and various Johnny-come-lately miscreants: As we approach the end of our unhappy sojourn in the bowels of AIM, one is moved to make an offer to you, the generosity of which will shortly become apparent. It is this: For a small service fee of £100 per transaction, payable to Snooty New World Universal Enterprises Inc (Cayman Islands), one will take the now almost worthless XEN shares off your grubby little hands, for a handsome consideration of a lavish 4p per share. Imagine - henceforth you will be able to slumber peacefully at night, secure in the knowledge that the cash proceeds are stowed in your pyjama pocket, safe and sound. Yes, the burden of XBIO ownership will have been passed to the considerable shoulders of Snooty who, whilst ticking up in years, is still unbowed and ready to serve the community. Think well on it - time is short.

my other capacity as an award-winning novelist, I am currently working on a blockbuster about a golf-loving petty crook who hopes to make it big in the cutting edge science of biotechnology. Without wishing to "give the game away", as they say, I can say that the protagonist in my little tale comes to a very sticky but satisfying end. Any resemblance to....coincidental....etc. Watch this space.

Ambrosia.

chill

have you checked that Barclays will deal specifically with XBIO? Some brokers will only deal certain stocks on OTC.

You're right, that should read stocktrade.co.uk. My mistake.

You are reading the email sent to you in the wrong way - this is the crucial phrase: "....automatically transform into the new US line". In other word, your XEN shares WILL become GSL consolidated shares (and eventually XBIO shares) on 23nd January, UNLESS you wish to sell all or some, in which case, they are telling you to do so by end of trading on16th, in order for the trade to complete before suspension after trading hours on 22nd. So if you wish to have your shares convert to GSL shares you need do nothing, it will happen automatically. What you DO need to do is, as Mathsprof said, make sure you find a new broker who CAN trade XBIO, and arrange to eventually move your shares to this new account when they have been issued by your existing broker (I was told that will happen on or around 7th February). To find a new broker able to trade OTCQB, refer to previous posts here, where this has been discussed extensively, including today. For what it's worth, I have gone with Sharetrade.co.uk.

is on Jimmy buying out XEN....and Shire. With one hand.

Thanks for that, I just opened a nominee account myself