The following are a list of questions frequently answered by the Chelsea Transfer Limited staff. If you cannot find the answer to your question below, feel free to contact us at info@chelseatransferltd.com

 

How do I transfer my shares?
How do I have a restricted legend removed from my shares?
How do I replace my lost stock certificate?

How do I DWAC my shares?
Where do I send my stock certificates to be transferred?
How do I update my address?
I recently got married. How do I change my name on my certificate?

 
How do I transfer my shares?

In order to transfer your shares you will need to send the original stock certificate, signed by all of the owners shown on the front of the certificate. The signatures can be placed either on the actual stock certificate or on a Stock and Bond Power. Each signature will need to be Medallion Signature Guaranteed. In addition, if the certificate is issued to a corporation, partnership, trust, or to a deceased person, a copy of all legal documentation giving the person signing the right to represent the owner must be attached. These documents include: powers of attorney, board of directors resolutions, trustee appointments, death certificates, copies of the will, etc.

You will need to identify how you want the new certificates issued by listing the name(s), address, social security number or federal tax ID number, and number of shares for each certificate. There is a fee of $2,500.00 for each certificate issued. A WIRE TRANSFER must be received prior to the transferring of your shares.

How do I DWAC my shares?

If you have been issued paper certificates or not issued any physical certificate  at all but have proof of purchase and are required to have an electronic or digital imprint and are intending  to sell, transfer or your stock has been bought put or acquired you will need to have the certificate DWAC (The Deposit/Withdrawal at Custodian) it is the process of taking your paper issued share certificate and electronically transferring  shares and converting shares giving the certificate a digital imprint or signature, you will not be able to sell, transfer and accept a buyout without this conversion. The fee is $4,000.00 it is very time consuming and complicated action. A wire transfer must be made prior to starting this procedure .

 

How do I have a restricted legend removed from my shares?

If you have owned your shares for over one year and have not been an officer, director, or control person of the public company for the past ninety days, you can submit your shares to have the restrictive legend removed. If the public company files periodic reports with the SEC (10-Ks and 10-Qs) and you have owned your shares for at least six months, but less than one year, you may sell your shares as long as the public company is current in its reporting requirements. You will only be able to have the restriction removed from the shares that you are selling. The public company may require a legal opinion before it gives consent to have the restriction removed. Please contact us to see if a legal opinion is required for your shares. In addition to the transfer guidelines listed above, a Restriction Removal Request Form must be completed and included. There is a $3000.00 fee per shareholder account to remove a restrictive legend, plus the cost to issue the new certificate(s) .

 
How do I update my address?

To update your address in our shareholder records, complete the Change of Address Form,email, or mail it to:

 

CHELSEA TRANSFER LIMITED
Bank of China Tower
1 Garden Rd. 51st Floor
Central, Hong Kong
Email: info@chelseatransferltd.com

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