Expert: Steven Taylor - 1/2/2011

Question
Rock Ore Exploration & development Limited - have found a certificate of 500 shares wondering what has happened to company Father-in-law bought in 1976.

Also companies
CUSIP 852900 10 9 Stampeder exploration
CUSIP 459932 10 9 International Pedco Energy Corp.

thanks for your help . . .

Answer
Gary, from the information I have available:

Rock Ore became Canhorn Mining on the basis of 1 Canhorn share for every 17.19 shares of Rock Ore. Canhorn Mining later did a reverse split (1 new for 2 old) and became Canhorn Chemical, which was suspended and delisted in 2000.

Stampeder was acquired by Gulf Canada in 1997 for $7.50 cash per share.

International Pedco became Lateral Vector (0.994 of a share Lateral for every share of Pedco) which was acquired in 2001 for 11 cents per share cash.

If your father-in-law did not receive the cash from the takeovers, that money would have been turned over to the government for safekeeping. The money might still be out there, waiting to be claimed. You need to search every State or Province in which he lived from the date he first acquired the shares until the takeovers. You can search many of them online for free at www.missingmoney.com and www.naupa.org (check both - they have different information).