Expert: Steven Taylor - 12/8/2009

Question
I just found out that I had purchase 500 shares of Augdome stock thru  Merrill Lynch since 1992.  Is this stock valuable and what is the stock purchase price value. And should I sell.

Answer
I have been asked about Augdome several times in the past. The Company seems to have just quietly disappeared about 1990. However, they were slapped with a cease-trade order by Ontario in 1992, and since that order remains in effect to this day, it suggests there is no current trading market for the stock.

If there is a transfer agent listed on the certificate, I would contact them first. You could also contact the Province of Incorporation and see what information they have available. Finally, you could take the certificate to a broker and see if they are able to uncover any additional information about the company.