The Worthless Securities Purchase Program
Do you have a stock or bond gathering dust that you can’t get rid of? Is the security worthless?
Do you need to dispose of it? If so, we can help!
Transfer Online, Inc. has partnered with TOL Escrow Services, LLC to bring you The Worthless Securities Purchase Program where Transfer Online facilitates the certificate purchase.
If no market exists for the securities and you can’t sell through a traditional broker, we have a solution to offload your zero-value securities. The purchase will be handled as a private party transaction giving you a basis for sale at year end. Better yet, you may be able to claim it as a loss*.
REQUIREMENTS
- A signed purchase agreement.
- Medallion guarantee.
- ACH instructions for purchaser to send payment.
PROCESSING TIME
Three to five business days.
COST
$275.00 processing fee/certificate or book entry position.**
PURCHASE PRICE
$5, regardless of the share amount.
Please complete and return the form below, either by email to info@transferonline.com or fax to 503-227-6874.
- You will need Adobe® Acrobat® to view this form. Stock (Shares) Purchase Agreement Fillable
*This is not tax advice. Please check with your tax professional first if you are trying to write off the securities as a loss on your individual or business tax return.
**If we are not the transfer agent, additional fees may apply.
