Expert: Steven Taylor - 1/5/2010

Question
My Dad purchased stocks for Le Print Express and Century Circuits Ltd. through AC McPherson several years ago and I am trying to find out if either of these have any value.  Thank you for your help.

Answer
Barb, I have been asked about both of those stocks a lot, as McPherson stuck a lot of people with them.

For Le Print, it appears the shares have no value. Le Print was suspended, delisted, and cease-traded in 2000 for failure to file required regulatory information. Those cease-trade orders remain in effect, as the problems have not been corrected.

Century became Canadian Financial Holdings, which then became Calderone after a 1 for 10 reverse split. Calderone owned a chain of shoe stores, which appear to have gone bankrupt shortly after the merger. Calderone's shares don't appear to have ever resumed trading in Canada, and only briefly traded in the US before disappearing altogether shortly afterwards.