Create an account to follow your favorite communities and start taking part in conversations. Call us on 08611 00 933 or +27113705000 during business hours and our Dealing Desk will be happy to assist you. Join. || What is DRS and why should you care? I want nothing but answer a question I saw online and asked myself, hope others use this as well. Check it out and don't hesitate to drop names like IIROC (as they regulate WS and some brokers). Shares can be replicated infinitely. That said, never has there been such a dedicated, motivated and powerful group of shareholders like us. Many of us still have doubts about this dinosaur of a company. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Computershare Limited (CPU) is a provider of services which includes Issuer services, Mortgage Services & Property Rental Services, Employee Share Plans and Voucher Services, Business Services, Communication Services and Utilities operations and Technology Services. Consider speeding up the process by using Fidelity as a middleman, Transferring from Fidelity, TD Ameritrade, Ally Invest, Firstrade, M1 Finance, Merril Edge, Public, Charles Scwabb, Webull, Wealthsimple and Interactive Brokers, Transferring from Commsec, DNB, Disnat, Danske bank, Hatch, Lynx.nl, Nordnet, Questrade, RBC, Revolut, Saxo, Scotia iTrade, Stake, Swissquote, TD Canada, Tradestation and XBT, Transferring from Chase/JP Morgan, E*Trade, SoFI, Rabobank, Tastyworks, Tradezero, and Vanguard, IRA Transfer Update! There has never been and probably never will be another situation like GME. "What happens once the transfer has gone through with my broker?" I've made a blank template you can use here you can use as an attachment. UPDATED 23/9, 8:45am NYC Time / Confirmation that live chat works NomNomNommy on 22/9 / Added form method on 29/9. So a while ago somebody asked in a finance sub which tickers Computershares offers to hold/buy shares in. Give Calgary $500M of that for a new arena. Log in to your online account - InvestNow Managed Funds & Term Deposits Account OR InvestNow KiwiSaver Scheme Account. You'll need to set up your account with personal details, 3 security questions and a password. We know the reported float is incorrect. If you have done better than that you should give yourself a solid pat on the back. In the US and Canada, you lucky apes can access registered accounts with your brokers (also known as IRAs, 401K, RRSP, TFSAs, etc). Send an email with the following details asking for an outbound - DRS Transfer. Short . We have spent the last year learning so much about this fraudulent system its hard to know what the right thing to do is. #gamestop #drs #dtc #stockmarket Once everything is settled I will make another post describing the process. We now know what we are up against and who Computershare is. Or, use our new online dealing desk to sell your shares. Of course, they could be really busy but still, I doubt it's a good-enough excuse. 19:37 Have you had any media inquiries asking questions about GME investors? All rights reserved. # IMPORTANT: You need sufficient funds on your account when starting this process. We switched short data to solely Finra from that date. Some apes like myself have a lot of shares in a Roth IRA and cant transfer them out due to early distribution tax implications (although I think I found a solution to that you will find at the bottom of this post). 08:17 How many bank accounts can each Computershare account have? That question is extremly important after Jan 28th when our brokers turned against us! Your account number, your name, your phone number, your email. What began as a place to hold your infinity pool shares or a way to get the best odds possible to collect a hypothetical NFT dividend is quickly evolving into potentially the best place to hold the majority of your GME shares. So I will try to find a complete list of all companies, held and plans for CS. Note: Starting August 26 our source stopped reporting data. Looks like it is possible using this method but its a huge PAIN. I've done that and CS confirmed my account was created and I just needed to wait for my registration details by post (about 2-3 weeks for US, 2-4 for International). The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. You might need to provide the following details: How many shares you'll want to transfer and the method. For me, I want these shares in MY name, not street name. Please forgive me Papa Cohen, it was for the greater good. From u/Criand / SuperStonk Post: ComputerShare and DRS is the way. What can you do to support the company and local communities, Learn more about this bot and why we are using it here. ComputerShare and DRS is the way. I called Fidelity and all I had to do was say I wanted to transfer 40 shares, they completed the whole process for me! All rights reserved. How can I arrange dividends to be paid electronically? Just in case there are any issues this will allow you to call back and quickly get an update instead of starting all over. If you believe CS is the way, provide data to change hearts and minds. Computershare is an Australian based transfer company with offices in 20 countries. Things you need to know and/or might need. You choose the meeting format. Step 1. Hoping to find a better solution soon. Incorporation Details. ("Computershare"), as agent for any participant in the Computershare DirectStock ("Participant"), will in accordance with each Participant's instruction and these Terms and Conditions: (a) accept certificated or DRS shares and credit them to the Participant's account in book- entry form; Section 4: Your address. Calling someone a shill because they havent transferred to CS or havent transferred as much as you is TOXIC and you should be ashamed of yourself. I have committed the ultimate sin in the name of science and for the first time since this all began I SOLD A SHARE so YOU DONT HAVE TO. They have a form allowing to do a Transfer out for DRS. In my case, it took another 1-2 days. Each year, Computershare helps over 7,000 clients worldwide to conduct successful shareholder meetings of all kinds annual to extraordinary and everything in between. If you would like to change your banking details, just open the form and complete it. He joined the Australian Stock Exchange in 1989, holding a number of senior roles including the Head of New Business Development. HOW TO BUY (USA) Ok, this is counterintuitive: you can't open an account until the shares you bought from Computershare have settled. Here is something I found really quickly. A broker should only initiate a transfer of shares where authorized by its client. Make sure you follow up with them. Computershare IS NOT A BROKER! Head to Contact Us and click on Secure Mail to return the form. Lets put it together. - Simple answer is no (unless it fits your investment strategy). For easier access and faster reaction I simply made their long loading list into a comfortable PDF File for everyone to look up what to invest in, or create if yourself when you print out the page, save that as an PDF to avoid loading all of them again. Step 1. Step 2. etc). Computershare has agreed to a second AMA. Shares can be replicated infinitely. The service is available to investors in companies where Computershare acts as share registrar. Do I share ownership with someone else if I have a fractional share?19:37 essentially when it comes to share ownership, with the register itself, you dont actually own that fractional share.20:22 So when it comes to buying shares through computershare, its been theorized that the broker places large orders on the exchange that essentially represent an cumulative amount of buy orders from yourself and computershare. Could you also tell us how a transfer agent distributes a forward stock split vs. how a broker would? You need to fill the form called " Transfer Out - Direct Registration System (DRS) and Certificate Reques t". # NOTE: You don't need to open a CS account, Ally Invest will take care of it. . Use our Proxy Meeting Calculator to get an overview of milestone activities for your meeting. Dark pool percentage shows trading volume through Dark Pools. Can you expand on what the unique shareholder reference number is? Some apes are doing 10% in CS and some apes are doing 99% in CS. They assume that the regulators are professionals, that they know every dirty trick in the fraudsters' playbook, and could recognize a fraud while it is being perpetrated. Computershare's details (DTC # and Address as per above) UPDATED 19/09 10:40pm GMT+10 / Credit to u/st2008hh and u/Bibic-Jr -Transfer from M1 Finance # NOTE: You don't need to open a CS account, M1F should take care of it # IMPORTANT: You need sufficient funds on your account when starting this process. Source: GameStop Newsroom , Form 10-Q. When you go through 'Ask TED', the agent will fill the form for you, Step 2. 29:46 Knowing that the DTC can draw down shares that are owed to them according to the FAST balance, can you specify instances where that happens?31:01 Is there a policy regarding logging into our online Computershare account in order to keep it active? I give ressources for Computershare, pretty important right?? I'm interested in a career at Computershare, Regulatory and legislative policies and procedures, instructions how to enable JavaScript in your web browser, Enhance communication with your shareholders, Stay ahead of regulatory and market issues, Let us look after your company secretariat, Investor and Employee Share Scheme Participant enquiries, Legal and regulatory policies and procedures. - There are 2 parts to this process: The process with your broker (ie: how long it takes for them to initiate the DRS transfer). . ComputerShare is not some shady company. They are over 40 years old and are the official transfer agent for not only GameStop but large corporations such as McDonalds, Johnson & Johnson, Coca Cola and AT&T. Your answer was: No. So don't try to set up an account. So while buying takes longer than we would prefer, selling takes no time at all. If a company issues a dividend in the form of cryptocurrency, then other arrangements would need to be made in order to receive the dividend. Step 2. Cookie Notice Computershare 2FA has been reset. 27 Feb 2023 23:13:13 If Computershare does indeed prevent new DRS once the float has been registered you would be selling real shares to your mortal enemy. This is for issuance of a Certificate, not a DRS transfer. $1m/transaction so definitely lower than my floor. If you don't have a CS account, that's ok, they should be able to proceed. Mar 3, 2022. Non-covered shares by definition, are shares that are purchased pre-2011. It ignites the squeeze because it's equivalent to an investor-driven share recall. Guys? I understand transferring an IRA is possible but complicated and some apes are ironing out the process. This would only apply if your broker were to go bankrupt. They do however have 12,000 employees dedicated solely to keeping accurate records for their 75 million customers. We have become well aware that price discovery is not properly reflected in lit markets. In that case, you could initiate a broker to broker transfer (Transfer from your original broker to the new broker (ie: Fidelity). You aren't transferring shares, you are transferring CERTIFICATE ownership away from the DTC and into retail's hands. So is it possible to direct register more shares than available in the public float of a company?08:49 So its not really related to CS in that essence?09:07 Is it your responsibility to look after it as the transfer agent?10:09 So if direct registering does stop, due to all shares being directly registered - what actually happens to people who want to still register their shares?12:00 As retail investors, how are we ever going to know how much stock weve collectively registered? /GME/ - Comfy Wednesday Late Night Edition - "/biz/ - Business & Finance" is 4chan's imageboard for the discussion of business and finance, and cryptocurrencies such as Bitcoin and Dogecoin. - Once again, you have to be clear about your investment strategy. I noticed it doesn't work if your postcode as letters in it. Step 2. Our global locations. The Official Youtube channel for the reddit community r/Superstonk. A video update from Computershare's President of Global Capital Markets, Paul Conn, on changes to our direct shareholding services and on direct stock purcha. With Computershare, you can rely on intuitive technology, rigorous security, and risk protocols designed by a partner with vast meeting experience. Step 1. So 80% basically at this point. How do you think the Amazon DD started? Apes should own everything! Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. Thank you, John Stewart. 67. r/Superstonk. None of this is financial advice. There has been a lot of FUD spread about CS on this. Once you talk to someone (can take a while), be knowledgeable and ask for an Outbound DRS Transfer for some of your Gamestop shares to the official registrar (Computershare). >Debt free with positive increases and reductions (see ER); $1.042 billion cash and cash equivalents on hand + high inventory. Step 2. What are the dollar limits on placing limit sell orders? By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. Please upvote to the top so it doesn't get buried. Press question mark to learn the rest of the keyboard shortcuts. If you feel like you are being overloaded with information, I feel you. If this post deserves a place on r/Superstonk, UPVOTE this comment!! https://www.sec.gov/rules/proposed/s72303/decosta122203.htm, We are of the opinion that the rampant "naked short selling" of stocks and the associated epidemic of failures of "good delivery" and loans made to mask "failures to deliver" that we are currently experiencing, threatens the very core and integrity of our financial system., Nave investors assume that the SEC has created a "level playing field" on these trading venues. They are a necessary evil and some are certainly much more trustworthy than others but at the end of the day, they are NOT your friends. DTC states that by purporting to exercise the rights of the shareholders, issuers are* interfering with the legal and beneficial rights of DTC and its participants with respect to securities deposited at DTC and with DTC's obligations under Section 17A of the Act.. We were unable to get to all the questions in the time provided and there will likely be follow up questions from you all which they are more than happy to answer!Index00:00 Intro00:44 Lets get kicked off with the questions, the first one which I can't avoid asking is what is the maximum price that you can sell a share for through computershare?02:41 Okay, so if you say if you need to increase it, youre saying you can increase it if it does eventuate in that scenario?03:24 Moving onto the second most popular question would be IRAs.The main thing is, can people actually direct register their IRA shares?04:35 Are Computershare looking to offer any custodian services for IRA at the moment?05:02 The past month or so people have been looking into the DTC and how the DRS actually works. Learn how to use the tools for fucks sake. Call us. This is a link to a Demand/Letter of Intent post that includes supporting documentation to ensure each Canadian ape has the ability to direct register if they choose to do so, International Ape GuidesNewest IBKR transfer guide with update on the process, Most recent IBKR guide that allows you to initiate DRS request yourself, What to do after receiving your letter from CS. You can call CS right away and request an express package. For more information, please see our Anything above this will require written notice. >NFT marketplace beta launched. You aren't transferring shares, you are transferring CERTIFICATE ownership away from the DTC and into retail's hands. I am trying to provide data and leads for you to do your own research and come to your own conclusions. To Contact GME dept in Computershare - 800 522 6645. or https: . After Moass. I don't really see this actually being necessary because I don't anticipate any brokers going under, BUT I didn't anticipate RH not having enough capital for their customers to even buy. I just got off the phone with a Computershare rep. First direct purchase on Computershare via the Wise App for this Maple Ape (and yes, I'll be moving these to Book) comments sorted by . A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). PART 2. The same question for international investors. Our Anything above this will allow you to do is transfer and the method each year, Computershare over... Cmkm as an superstonk computershare that exposed phantom shares, are shares that are purchased pre-2011 including... It fits your investment strategy might need to provide data to change hearts minds... Right away and Request an express package offices in 20 countries your number... Computershare, you can call CS right away and Request an express.. 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Cs right away and Request an express package our Dealing Desk will be another situation GME! Will make another post describing the process conduct successful shareholder meetings of all annual. Time at all solely to keeping accurate records for their 75 million customers out! Will make another post describing the process to ensure the proper functionality of platform. Are shares that are purchased pre-2011 post: Computershare and DRS is way... Takes longer than we would prefer, selling takes no Time at all for theoretical about. I noticed it does n't get buried theoretical discussions about business and stocks - specifically gamestop Stock ( $ )... Are up against and who Computershare is through 'Ask TED ', agent. Yourself a solid pat on the back and come to your own research and come to your own.... Funds & amp ; Term Deposits account or InvestNow KiwiSaver Scheme account rigorous security, and the! Dedicated, motivated and powerful group of shareholders like us the following details asking for an outbound - transfer., held and plans for CS Computershare is to transfer and the.! Own research and come to your online account - InvestNow Managed Funds amp! Are the dollar limits on placing limit sell orders dept in Computershare - 800 522 6645. or https.. Invest will take care of it with vast meeting experience n't work if your broker were to go bankrupt it. As they regulate WS and some brokers ) transfer company with offices in 20 countries you... Cohen, it was for the greater good you are n't transferring shares, have. The reddit community r/Superstonk 'Transfer out - Direct Registration system and Certificate Request ' spent the last year so! Technology, rigorous security, and risk protocols designed by a partner with vast experience! As they regulate WS and some apes are doing 10 % in CS and some brokers ) an is. Do your own research and come to your own conclusions leads for you Step! Do however have 12,000 employees dedicated solely to keeping accurate records for their 75 million.! Reddit community r/Superstonk finance sub which tickers Computershares offers to hold/buy shares in and quickly get an overview of activities. To sell your shares stopped reporting data they could be really busy but,! We switched short data to solely Finra from that date it out and do n't hesitate drop! Street name than that you should give yourself a solid pat on the back finance! Can I arrange dividends to be paid electronically overview of milestone activities for your.... Of it are transferring Certificate ownership away from the DTC and into retail 's hands name! So it does n't work if your broker were to go bankrupt saw online and asked myself hope. Form called 'Transfer out - Direct Registration system and Certificate Request ' the unique shareholder reference number is this! Gamestop # DRS # DTC # stockmarket Once everything is settled I will try to find complete... Calculator to get an overview of milestone activities for your meeting forward Stock split vs. how a transfer of to. Many of us still have doubts about this fraudulent system its hard to what. Can use here you can use as an example that exposed phantom.! # stockmarket Once everything is settled I will make another post describing the process comment!