Ceva Share Discussion Threads

[lancasterbomber] 21/8/2013 13:05

How much did you have to pay to get it notarised?

[wigger] 21/8/2013 12:43

Hi I have had my letter Notarized last Thursday and sent it to Delaware will inform you all when I get a reply.

[lancasterbomber] 19/8/2013 16:14

I have just returned from seeing my Solicitor, and he was unable to sign the form.

The second paragraph of the letter I received, refers to the solicitor having authority to notarize foreign documents, the only people authorized to do this in the UK is a Public Notary, so we are back to the beginning with that one!

HOWEVER
I have just received an email from Tameeka Scott, asking who sent out the letter saying the information she gave out was false, so she can do battle.
I have sent her a copy of the letter as well as the one about the solicitor notarizing the claim form. Also I have mentioned the fact that the claim form is asking for copies of Social Security card which don't exit here.

For the moment I am happy for her to continue the battle on my behalf, at least they are still taking responsibility for sorting out the problem.

[dafrog] 19/8/2013 09:26

I emailed IR in CEVA re getting proper share certificate and they said AMSTOCK mange them. Have email amstock but don't expect help from them.

[kingrolo] 19/8/2013 08:33

Hi Lancaster - as expected I am afraid. Since my abrupt chase up letter I have heard from Tameeka Scott but only that he has chased up Delaware on my behalf ( now 3 months since submitting initial evidences to them !)
Will be very interested in what solicitor says - my belief is still that:

This is a CEVA issue - they need to resolve by simply issuing new certs to us themselves... as if they had been reported stolen...( which they actually were !)
We received NO request to confirm our existence prior to the theft ( despite protestations otherwise) and this stinks.
This is a case for the FSA/FSC and US regs.

Please do let us know what you find out - I strongly suggest we need to act in unison here and weight of numbers may count.

[dafrog] 17/8/2013 18:36

Had to do this for Spain tax office recently and including translation it was 600€ My bank in Spain now want the same but with original papers and directors. As if they are the same after 30 years. They will soon want the same for me to shop in Mas y Mas. The world is dragged to the depths by the ignorant and their bureaucracy.

[lancasterbomber] 17/8/2013 17:14

Just had the following 2 letters from Delaware with a new claim form
Letter 1.
"Unfortunately you were given false information from Ms Tameeka Scott. There is no agreement between offices to waiver the notary requirement. Certification by a public notary, barrister or solicitor is required to finish processing your claim and secure return of your property"

Letter 2.
"Enclosed is your claim form. Please have it notarized, for international claims, by a solicitor, barrister, or notaire and mail it with supporting documentation to the address at the top of the claim form.

If you are foreign and having your documents notarized by a solicitor the notary must include a stamp or seal, or documentation authorizing them to notarize foreign document must accompany the claim form. WE CANNOT ACCEPT A JUSTICE OF THE PEACE AS A NOTARY

They have now included solicitor in authorizing authority

Well I shall be heading down to my solicitor on Monday and see what they have to say.

[lancasterbomber] 13/8/2013 16:42

I'm on holiday at moment but still checking in I am still awaiting update from Scott Tameka

[dafrog] 13/8/2013 13:45

It's the FCA now. Change of carpet colour and preparing for the EU to take control.

[irenekent] 13/8/2013 13:13

Well said Kingrolo. I can confirm that at no time have I been asked to say I still exist. As with others my first knowledge of this theft was when I received the documentation requesting me to engage in this farce enacted by the State of Delaware. The FSA must act on our behalf. I wonder how many British shareholders are affected?

[kingrolo] 13/8/2013 11:48

Can I please suggest that other holders start applying pressure. We need numbers to push them into action.

[kingrolo] 13/8/2013 11:47

Just sent to CEVA Ireland and AST respectively . TO :

[e-mail], [e-mail]


Gentlemen ,
It is very disappointing that you both appear to be ignoring my correspondence which I have resent over the last few weeks.

From my research I have been informed that AST are claiming to have been trying to contact myself and many other UK shareholders for some 3 years to confirm my validity and on failing to do so transferred my shares to Delaware. I am prepared to swear that NO such request for verification has ever been received. Aside from the usual voting forms I have received NO requests for verification from yourselves. The notice from Delaware stating that they have taken my shares is the first piece of such correspondence. The transfer to Delaware was invalid and despite my sending off proof of existence to Delaware, no response at all has been received back for over two months. Initial correspondence stated clearly that shares so escheated will be sold and clearly Delaware are sitting on my money with no desire to return it. I have not given anyone approval to take or sell my shares, or should I say my part ownership in CEVA. In the UK this is known as theft.

I am now formally requesting that you do respond to me, do take responsibility for sorting out this mess (caused solely by yourselves) do confirm YOUR course of action by return and do inform the CEO and board of CEVA fully of this situation. Please confirm.

Similarly, should you continue to avoid your responsibilities and ignore all requests for resolution of this issue, I will be reporting you to the FSA and US compliance.

Yours faithfully

XXXXXXX

[dafrog] 13/8/2013 11:16

If this was USA being wronged, they would take £millions off us. I have continued to receive voting papers so I should be ok but content to join in anything.

[mark4231] 13/8/2013 11:07

"So basically AST have lied that they have tried to contact us all for 3 years!

The only contact I have received - REQUESTING VERIFICATION - is the escheation notice!"

Yes, that's exactly what it boils down to - a simple letter to each of us asking if we still exist would have avoided this fiasco. The escheation letter came to my home address, which I've lived at for 7 years, so there was no reason why they couldn't have contacted me.

[kingrolo] 13/8/2013 11:06

A quick poll - in the case of a formal complaint to FSA, where numbers of unrelated scam victims will count. How many people here are prepared to swear that they have never received any request to confirm share ownership despite the claim from AST that they have been chasing us for 3 years? I have received voting forms but NEVER any correspondence remotely alluding to AST trying to contact me to confirm my existence.

I believe that if any certificate holders here really want their shares back it is time for him/her to start taking action or you will clearly not get them back. This is not just going to be done for you.

[kingrolo] 13/8/2013 10:55

Thanks for the reminder dalfrog.

So basically AST have lied that they have tried to contact us all for 3 years!

The only contact I have received - REQUESTING VERIFICATION - is the escheation notice! Based on this lie CEVA/AST simply transferred the shares over to Delaware, who are now making it as difficult as possible to get them back - note they have almost certainly been sold anyway and Delaware holding the $$.

AST is CEVA's transfer agent and yet CEVA say they disclaim any liability. Totally unacceptable !
This must be an FSA complaint item.
CEVA/ AST have acted disgracefully.

[dafrog] 13/8/2013 10:19

This is what I had from CEVA Ireland back in March. Phone numbers at end.


Response from our CFO -
We understand you received a letter from the State of Delaware notifying you that the state wants to "reunite" you with shares of CEVA's common stock that previously were registered in your name but have since been delivered to the state by AST, CEVA's transfer agent, after AST received no communication from you after affirmatively trying to reach you for 3 years. CEVA is not involved or responsible for this process. These shares were transferred to the State of Delaware by AST under Delaware escheatment legislation.
Solely based on our internal research, we understand the letter from the State of Delaware is legitimate. If you want to be reunited with your CEVA stock, please follow the procedures set forth in the letter from Delaware. However, we suggest you do the necessary research to confirm the validity of this process. We encourage you to call Delaware at the number provided in the letter before providing any personal, identifiable information. We also encourage you to contact AST to update your contact information. You may call the escheatment managers at AST: John Buonomo at 718-921-8568 or Tameeka Scott 718-921-8200 ext. 6496. Nonetheless we disclaim any liability or involvement associated with this process.

Regards,

Layla Bates
HR Manager
CEVA Ireland Ltd
Ph: [phone]

[haydock] 13/8/2013 10:05

Many thanks for all the work, this small group has put in on this bb.

Even a dead share has an important place, on the bb. system as we clearly do not know when the old piece of paper will cause us a pain in the backside.

{I cannot believe how this company with it's technology remains a dud !}

As I have said before a couple of years ago the registrars attempted twice to give mine to A.N Other, resident in the south of England.
I think I am not having your problem because of this action.

However I shall make sure that I now contact the company & suggest we all should do this regularly.
I will of course mention the situation & complain loud & long.

Any other suggestions ?

[kingrolo] 13/8/2013 10:03

As an addition I suggest we need to state that we will inform and cc the FSA on all correspondence should they not resolve asap AND ALSO the US equivalent. Does anyone have the email address of the equivalent US regulator ?

[kingrolo] 13/8/2013 10:01

AGREED irenekent !!

I agree with what you say - now WE... ie ALL THE PEOPLE ON THIS BOARD need to chase CEVA as described. We are not getting anywhere waiting and form filling for Delaware - THEY want our shares/ $$ - period. This is as close to a state approved scam as is possible. I suggest that all the victims here confirm (assuming you do want your shares !!) that they are going to chase - we need numbers to force CEVA to take action.
If anyone thinks that they do currently still have any value in their shares - try to sell them - I did through a broker(Redmayne Bentley) and they returned the cert to me stamped 'escheated' and not able to action.Our Certs are currently worthless. CEVA need to take responsibility.

[dafrog] 13/8/2013 09:52

Good post Irene! I have voted and tried to get a new share cert, albeit hardly worth it for 33 shares. However, the CGT loss is over £3000 for me so I'm hanging on in there in case I need the loss. I have been in contact with CEVA in Ireland for some time.

[sikhthetech] 13/8/2013 09:49

I think CEVA should approach their minority UK shareholders offering a buy back and then cancel those shares... That would keep all concerned happy...

[irenekent] 13/8/2013 09:34

If you hold the shares in certificated form you should be still on the company register. If you choose not to vote on AGMs etc that is your own matter to decide. If every person who failed to vote had their shares confiscated there would not be many shareholders left in the world! This is basically a crude attempt to monitor the dodgy dealings that have gone on in the state of Delaware where shareholders do not have to be identified. You do not steal the shares from legitimate shareholders and then present them with a convoluted process to recover their property. This is a matter to be addressed by the company immediately on our behalf by the issue of new certificates if necessary and the cancelling of all previous ones.

[mark4231] 13/8/2013 08:27

"the institution must make a diligent effort to try to locate the account owner"

Well, they didn't do this.

[kingrolo] 13/8/2013 07:32

Thanks Wigger - more evidence of an attempted theft of our shares. I really do not see how they can talk of reporting 'accounts'. We do not have an account like a bank account which on which you would expect transaction movements. We OWN a piece of a company - CEVA for which we have a valid and legal document or certificate ( or at least HAD before stolen). Warren Buffet the worlds most successful investor says buy and hold...literally hold for decades....has he had his shares 'escheated'?? Surely it is up to CEVA to issue us with new shares - I still have my physical share so how can a third party - Delaware invalidate it ? Surely only CEVA can do that ? Suggest we all email Delaware dept copying CEVA stating we own our shares and complaining. I have still heard nothing back from my two 'contacts'. Can you /anyone supply email addresses we should action. This is bloody ridiculous attempted theft.