posted
to set this up? you must understand that this empty SHELL stock was victimized by our old nemesis Mario Pino and due to legal issues and counterfeit share issues has been under a global trading freeze for about two years....
this freeze was triggered by a halt, and the Trading Freeze even kept it off the grey sheets...
it is expected start trading again sometime in the next few years with an R/M...
Flash forward to 2032?...
Auction house has high hopes for Bancorp International shares
Posted on : Thu, 22 Mar 2032 16:36:59 GMT By Micheal Underwind, Future Vision staff writer
NEW YORK, March 22 Benefactor Derek Cranar has decided to sell nearly 50,000 shares certificates in Bancorp International which Sotheby's in New York said could bring more than $4 million.
Late last year Boston resident Derek Cranar was surprised to find a concealed wall papered with 50,000 share certificates of Bancorp International Group. In 2007 Bancorp International stunned the financial community by exposing naked shorting abuses by the U.S. Securities and Exchange Commission. Bancorp International went on to become Zeus Petroleum a mid western and far east energy powerhouse before merging with Anadarko Petroleum in 2018.
“I knew they were valuable when I found them, but I never imagined this” said Cranar, who found the certificates while renovating. Cranar's eccentric Aunt Clare who owned the home at the turn of the century never let on to anyone about the certificates. “The family lore was that Auntie sold the shares for .10 way back in 2007” explained Cranar.
“We were floored when we found out that the share certificates are so rare” said Cranar. The 50,000 shares today would be equivalent to 21,750 shares of Anadarko Petroleum. Anadarko shares closed yesterday at $63.18. However the share certificates are worth much more to scripophilists, collectors of old share certificates.
Turn of the century share certificates are selling at record highs, the auction house said, and its $4 million estimate is nearly twice the previous auction record set by a block of Enron shares set at Christie's in 2028, the New York Times said Wednesday. While experts at both houses said they offered Cranar a guarantee - a minimum sum the seller receives regardless of a sale's outcome - market experts and dealers said Sotheby's outbid Christie's with a guarantee of $4 million.
“We are keeping a few of these certificates in memory of Auntie Clare and have donated one for display in the Investors Hub hall of fame” said Cranar.
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