Penny Stock Brokers

Penny Stock Brokers

How do I sell my penny stock – CGAQ ?

I bought this penny stock and now no brokerage firm will hold it. I’ve tried E-trade, Ameritrade, Morgan Stanley, etc and there compliance departments will not allow the deposit. I spoke to the owner of the company CGAQ and he has no suggestions. Please tell me how I get this off my hands. Thank you.

How did you buy this stock if not through a brokerage account?

It is shown as trading on the pink sheets but if none of the brokers will allow you deposit it for compliance reasons it appears you have been ‘hoodwinked’ into buying a worthless piece of paper.

Since the company is offshore, there is likely nothing you can do if the company won’t buy it from you.


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