AboutPaul Henneman Expertise Stock forecasting and fair market valuations.
Experience
Past/Present clients CBSMarketwatch.com, Hoovers.com, Multexinvestor.com, Bank of NY, numerous hedge funds and institutions, other partners and clients can be viewed at http://www.valuengine.com/about/careers.html
Question I have a Data Industries corporation of Texas share issue in 1970. It is incorporated under the law of the state of Delaware. Also "Data tronics, INC" issue in 1968 under the law of Massachusetts. "AMK Corporation" warrant certificate issue in 1969, the name of the company is United Brands Company . What is the value of those documents
Answer Jorge,
Thank you for your question! There are several things you can do.
I would first start with Google, and search for the company names that you list. The goal is to find out if the company still exists, and if they do find their website. Most public companies have an Investor Relations department, and there is almost always some sort of link with contact information for investors. If not, you can use the general company contact information, and ask for the investor relations department. This is like going straight to the source, if you are lucky enough that these thirty plus year old companies still exist, they should be able to tell you the value of your certificates and what your options are.
If you do not find the companies with some google searching, the only additional thing to try would be a paid search service. Companies often change names, or are bought out by another company. If these things happen, then your certificates may still be of value, but under a different name. Hopefully your google searches will result in articles or other news that mention the buy out or name change, but if these things happened before the mid 90's, there may not be any online evidence of it.
Keep in mind that that vast majority of certificates that are searched for turn out to no longer be valid, meaning that the stock is no longer active. Only a minority of old certificates still have value.
The final option, assuming you can find nothing through the above searches and services, would be to check if the certificates have any value due to their age. There are people out there who collect and trade old stock certificates. I would suggest checking on Ebay to see what is listed, and if anything is comparable to what you have, or doing some Google searches to see if you can find a stock certificate trading club or organization and post a question to its members to see if anyone has interest. An auction site like Ebay is generally the best place to test these waters, as that particular site has so many viewers, and does have listing categories that include stock certificates.
I hope that this helps, please do not hesitate to follow up with me if I can be of any additional service.
Sincerely
Paul Henneman
President
ValuEngine Inc
www.ValuEngine.com
