Expert: Steven Taylor - 10/28/2009

Question
I recently came across an old stock certificate of mine from 1981 and was wondering if it is still a viable stock or not?
The certificate is for 250 shares of Golden Bear Explorations issued by Rosmar Corporation Limited. The stock was registered by the National Trust Co. Ltd. Toronto ON. I will appreciate any info you may have. Thank you

Answer
Unfortunately, from the information I have available, the shares have no current value. The company did a 1 for 14 reverse split and became Telephony Communications International. That company was delisted in 1991 by the Alberta Stock Exchange for failure to file its required financial information. The Company was also cease-traded in several Provinces, and those orders remain in effect today.