Expert: Steven Taylor - 12/13/2011

Question
I have just come across some papers regarding shares purchased in 1980.
Oneida Energy and Resources Corporation (registered by National Trust Company, Toronto.

also Springpole (just a receipt)

Can you tell me if either of these are worth anything today please.

Answer
Joy, from the information I have available, Oneida went through numerous name changes and capital consolidations. It eventually became United Pacific Capital Resources, which was cease-traded in 2001. Those orders also remain in effect, which also suggest it was unable to fix its problems and return to trading.

Springpole went through numerous name changes and at least one reverse stock aplit (a 1 for 8) and is now IntelliPhamaCeutics, which trades on NASDAQ for about $3.00 per share. You will need to contact the current transfer agent, Canadian Stock Transfer (http://www.canstockta.com/) and see if you are listed as a current shareholder.