I would like to thank Matt, a reader, as well as Tim Eriksen who pointed out on the SeekingAlpha copy of the article, that there is one further step necessary to receive money in lieu of shares of the post reverse-merger COSN mentioned in a previous post. One must be a "shareholder of record," as opposed to just a shareholder through a broker. If the shares are held through a broker, they do not qualify for the transaction. At this point since I am neither qualified, knowledgeable enough, or licensed to advise on this, I would point you to your broker who should be capable of sorting this out. This link sheds some light on the difference between a "shareholder of record" and a "beneficial owner of shares," which is what most retail investors fall under in their transactions. No date has been announced yet for the transaction, so there should be ample time for someone looking to take advantage of this opportunity to become a shareholder of record.
I appreciate any and all feedback, because as this instance has proven, it can save you and me both money.
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