Expert: Steven Taylor - 7/15/2011

Question
QUESTION: I have 300 shares of Newport Petroleum's cusip 652310 10 3
this certificate is dated 10/28/1981

ANSWER: William, from the information I have available, the Company was acquired by Stanford Resources for $1.32 cash per share in late 1983.

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QUESTION: does stanford trade anywere

Answer
William, I don't think it does, but it would make no difference in regards to Newport. When a cash buyout is made, the holders of the old shares are sent a check. They often don't even have to surrender the old certificate. If the holder did not receive a check, it was because the company's registrar and agent lost track of them. In those cases, the money is sent to the Government for safekeeping for a set period of time. The lost shareholder can claim it from the government if they find it in time. You can search the missing property offices for missing property, including money like this, for free online for many States and Provinces at www.missingmoney.com and www.naupa.org.