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Converting Class A stock to Class B
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<blockquote data-quote="Rebos1969" data-source="post: 1225632" data-attributes="member: 30003"><p>I am currently in the process of doing this myself and I am noticing that there are some others steps that are needed to complete this process. You may need to send the papers into the office due to them needing the actual signature itself and there is also the need of notary signature or a special stamp as well. Even though, this is still a very quick process and it shouldn't take more than a week before you can sell your stocks on the open market. If you are looking to sell class shares on the market without having them converted into class B shares there is still a way in order for this to be done but you need to write a letter into a board of hearing with special needs, mostly that of hardship request along with proof of state of affairs. They will decide of this within the week or so and inform you of their decision, upon which time you can then sell them as class A back to the company...Nice huh??? This will only yield a smaller amount since the company will only do this at their profit, which is to be expected.<img src="/community/styles/default/xenforo/smilies/FeltTip/greedy.png" class="smilie" loading="lazy" alt=":greedy:" title="Greedy :greedy:" data-shortname=":greedy:" /><img src="/community/styles/default/xenforo/smilies/FeltTip/peaceful.png" class="smilie" loading="lazy" alt=":peaceful:" title="Peaceful :peaceful:" data-shortname=":peaceful:" /><img src="/community/styles/default/xenforo/smilies/FeltTip/happy-very.png" class="smilie" loading="lazy" alt=":happy-very:" title="Happy Very :happy-very:" data-shortname=":happy-very:" /><img src="/community/styles/default/xenforo/smilies/emoticons/grouphug.gif" class="smilie" loading="lazy" alt=":grouphug:" title="Grouphug :grouphug:" data-shortname=":grouphug:" /></p></blockquote><p></p>
[QUOTE="Rebos1969, post: 1225632, member: 30003"] I am currently in the process of doing this myself and I am noticing that there are some others steps that are needed to complete this process. You may need to send the papers into the office due to them needing the actual signature itself and there is also the need of notary signature or a special stamp as well. Even though, this is still a very quick process and it shouldn't take more than a week before you can sell your stocks on the open market. If you are looking to sell class shares on the market without having them converted into class B shares there is still a way in order for this to be done but you need to write a letter into a board of hearing with special needs, mostly that of hardship request along with proof of state of affairs. They will decide of this within the week or so and inform you of their decision, upon which time you can then sell them as class A back to the company...Nice huh??? This will only yield a smaller amount since the company will only do this at their profit, which is to be expected.:greedy::peaceful::happy-very::grouphug: [/QUOTE]
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Converting Class A stock to Class B
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