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Help! Lost 'Partner'
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Pierce
#1 Posted : Monday, July 01, 2013 4:03:06 PM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia
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Museveni
#2 Posted : Monday, July 01, 2013 4:10:56 PM
Rank: Member

Joined: 8/16/2012
Posts: 661
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia




How do you plan to get the cash from him after he sells HIS shares ?
Live and learn; and don’t forget, nothing ventured, nothing gained.
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murchr
#3 Posted : Monday, July 01, 2013 4:24:41 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia


d'oh! How many shares?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Pierce
#4 Posted : Monday, July 01, 2013 4:29:50 PM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
murchr wrote:
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia


d'oh! How many shares?


Plus a relative (also had the guys name) 1200 shares.
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King G
#5 Posted : Monday, July 01, 2013 4:30:22 PM
Rank: Elder

Joined: 6/20/2012
Posts: 3,855
Location: Othumo
4k, go get a death certificate at AG chambers hiyo story iishe!!! then you become the beneficiary.

how have you been doing dividends???
Thieves
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Pierce
#6 Posted : Monday, July 01, 2013 4:33:15 PM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
King G wrote:
4k, go get a death certificate at AG chambers hiyo story iishe!!! then you become the beneficiary.

how have you been doing dividends???



Good question, last time (for the first time) it came out with my names only (guess nature conspired to help). As for the rest I have them in a file.........Sad
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Pierce
#7 Posted : Monday, July 01, 2013 4:36:14 PM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
King G wrote:
4k, go get a death certificate at AG chambers hiyo story iishe!!! then you become the beneficiary.

how have you been doing dividends???



What....Guess I have to forget and move on.
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Aguytrying
#8 Posted : Monday, July 01, 2013 4:40:20 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Pierce wrote:
King G wrote:
4k, go get a death certificate at AG chambers hiyo story iishe!!! then you become the beneficiary.

how have you been doing dividends???



What....Guess I have to forget and move on.


Best thing here is. You have the certificate, he has the ID.
Negotiate with him, you will have to give him some of the shares(cash)
I think that the only way.
The investor's chief problem - and even his worst enemy - is likely to be himself
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murchr
#9 Posted : Monday, July 01, 2013 4:44:15 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Pierce wrote:
murchr wrote:
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia



d'oh! How many shares?


Plus a relative (also had the guys name) 1200 shares.


Now..if he's not very literate...mpeleke pale CID headquarters then have his fingerprints taken. In the process ya hio confusion chukua kitambulisho and make the necessary moves. As for the relative...pay him/her kitu kidogo tu...you used them u know?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Pierce
#10 Posted : Monday, July 01, 2013 4:51:26 PM
Rank: Veteran

Joined: 3/16/2009
Posts: 1,464
murchr wrote:
Pierce wrote:
murchr wrote:
Pierce wrote:
Dear Investors,

Need you advise.

I bought Scan Group shares during IPO, ahd many accounts to 'maximize' on allocation. Somehow one of the accounts which I had registered jointly with my househelp at the time was not immobilized and now I have a share certificate.

I now need his ID and signoff to immobilize and sell the share. The guy has refused and so far amenikula 4k for transport/send me copy of his I.D.

Need to sell these shares for the money?What do I do.

Saidia



d'oh! How many shares?


Plus a relative (also had the guys name) 1200 shares.


Now..if he's not very literate...mpeleke pale CID headquarters then have his fingerprints taken. In the process ya hio confusion chukua kitambulisho and make the necessary moves. As for the relative...pay him/her kitu kidogo tu...you used them u know?


I tried negotiating, the guy told he wanted 40K. The bit about my rela is that my rela is in the same fix as i am with the same guy. So The guy demanded 40K upfront as he was not guaranteed that we would pay him once we had sold.

Soon after is when he said that we send him transport chums for him to come to NBO we discuss. He never came and did not refund the chums. He has since chabnged his mobile number.
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