Expert: Steven Taylor - 3/29/2009

Question
Hi Steven,

I have 300 Newstar Resources sources that were sold to me by A.C. MacPherson in 1997. Is there anything I can do with these?

Thanks in advance.
Harry

Answer
Unfortunately, from the information I have available, it appears the shares have no current value. Newstar's subsidiaries went bankrupt in 1999. The Company was delisted and cease-traded due to its inability to file audited financial statements and complete its required regulatory filings. Those cease-trade orders remain in effect, and since the Company has not completed any filings since that time in 1999, it appears there is no market for the stock and it is unlikely there ever will be.

You can consult with a broker to confirm this information.