Expert: Steven Taylor - 9/17/2009

Question
I recently found an old stock certificate for Meranto Technology that I had purchased shares in back in the late 1980's.  Would you be able to tell me what happened to this stock, did it change names etc?  I moved and they likely lost touch with me.  Thank you for your assistance.

Answer
Unfortunately, from the information I have available, the shares have no value. The Company went through at least 1 reverse split and several name changes and became World Sales & Merchandising. The Company was delisted and cease traded for failure to file its required financial information and pay its fees. The cease-trade orders remain in effect to this day, which says the company has not fixed its problems and resumed trading.