QUESTION
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ANSWER
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Many people today purchase shares through self-directed means, such as online trading accounts. There is an unprecedented diversity of platforms. They have a variety of operating protocols and sign-up procedures. Winning Brands is merely reminding its shareholders that if they would like to receive information from the company, then they should check that their account has that setting. A NOBO designation ensures is that a shareholder can be corresponded with when their shares are held through a nominee name (broker account number). It may, or may not be, the default setting for your online account. In the “old days”, the stock broker sat across the desk from a new client and asked the question – “Would you like to receive correspondence from the companies in which you are a shareholder?” Now, with self-service account sign-up procedures varying a great deal, one to the other, it may be something that has been overlooked by some shareholders.
For a company to be able to correspond with shareholders is a matter of good housekeeping. Two-way communication between the company and its stakeholders is beneficial. Microcap publicos often do not make this effort.
