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Canadian Stocks/Zahavy & Xavier Mines

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Question
Steve:
Hi I'm seeking some help as my mother-in-law has a number of shares dated 1974 in Zahavy and as well I have learned they later changed their name to Xavier of which she has some shares dated 1993.

My wife and I are wondering if these have any value - can you advise.

Thanks Mike Hogan

Answer
Mike, from the information I have available, the shares have no current value. The Company had two reverse splits (1 for 5 and 1 for 4) and two name changes and became Xavier Corp., which left Canada and reincorporated in the US. The stock was revoked by the SEC in 2004.

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