Expert: Steven Taylor - 10/17/2010

Question
Hi Steven
My mother has an old stock certificate from the above-listed company. Certificate #611 for 800 shares, "Special Limited Company", "Non-assessable". Did this get rolled into another company or is it totally gone?
Thanks for your time.

Answer
Mike, from the information I have available, the company did 2 1 for 4 reverse stock splits and is now Austpro Energy, which trades for about 2 cents per share. The reverse splits would have reduced the original 800 shares down to just 50. You need to contact the current transfer agent, Computershare (www.computershare.com) to verify this information and see if there is any additional value.