To give you some background. About four years ago I worked at a wireless phone company. I quit working there in the fall of 2005. Two years later that phone company was sold. I have four shares in that company. I did receive a notice in the mail that since the company was no longer publicly traded I could cash out my shares. However, it was going to cost me some money in the form of a processing fee. I promptly forgot about it cause I didn't have the money for the processing fee.
After receiving the phone call last night I called their number and was connected with a customer service representative. To make a long story short he told me up front I would have to pay a 3% missing certificate fee to cash out my shares. 3% didn't sound so bad so I asked how much my account was worth. After all 3% of $286 is only $8.58. Yeehaw!
Then the bad news. There was a processing fee of $50 and the minimum fee for the 3% was $20.
So, after I pay $70 I will get back $286. If the wireless company was still being traded I wouldn't even bother. This was not a panic decision made regarding the current state of the stock market either. As it stands I asked for money to come in to my life and I got what I asked for. I will be $216 (after $70) closer to paying for the Landmark Forum!
3 comments:
That is awesome! Persistence really does off. :)
Wow! Great timing!
See, you really don't know what you don't know you don't know. Know what I mean? HAHA!! I crack myself up!
Awesome though!
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