Canadian Stocks/Canadian stock

Advertisement


Question
I have a stock certificate for 1000 shares of W.C.W. Western Canada Water Enterprises Inc. dated April 2, 1991. Does it have any value?

Answer
John, from the information I have available, the shares have no current value. The Company changed its name to Western Canadian Beverage before going bankrupt around 1993. Creditors received only pennies on the dollar owed, and common shareholders received nothing.  

Canadian Stocks

All Answers


Answers by Expert:


Ask Experts

Volunteer


Steven Taylor

Expertise

Canadian stocks, including growth and resource companies.

©2016 About.com. All rights reserved.