Canadian Stocks/stock shares
I am Executrix of my brothers estate. When going through his papers I found some shares in 2 companies, Green Diamond Oil Corporation and Can-Med Technology Inc.
Are these Companies still in business and do these shares have any value?
Nancy, from the information I have available, Green Diamond and Can-Med are the same company. Green Diamond had a 1 for 6 reverse split and changed its name to Can-Med. The transfer agent likely just sent your brother the new certificate without requiring the old Green Diamond certificate to be returned to them for physical cancellation.
Can-Med has no current value. The Company was suspended, delisted, and cease-traded in the mid-1990's, and those cease-trade orders remain in effect.