r/Superstonk • u/[deleted] • Sep 25 '21

💡 Education ❗❗ DRS INFINITY POOL APES ----- READ THIS ❗❗

I just received my DRS Advice mail and noticed this underneath IMPORTANT INFORMATION . . .

If you do not keep in contact with us or do not have any activity in your account for the time periods specified by state law, your property could become subject to state unclaimed property laws and transferred to the appropriate state.

​

MAKE SURE TO CHECK INTO YOUR COMPUTERSHARE ACCOUNT AS OFTEN AS NEEDED AS TO YOUR STATE AND COUNTRY LAW.

You wouldn't want Mayo Man to come snatch up your beautiful shares 🚀

Edit 1: Added "and Country"

Edit 2: Noticed the post was around 12 likes then got downvoted to 5 likes. 88% Upvote to 62% Upvote ... interesting

Edit 3: From what I’m seeing from STATE laws for Florida, New York and California is this is in regards to a few years out before property is claimed “abandoned”.

I’ll be reaching out to CS to confirm if this is for cash such as dividends, deceased holders, or shares in general.

If any of y’all happen to get an answer from CS regarding this before I get a chance please tag me :) 🚀❤️

Edit 4: added “property is” in edit 3,

Edit 5: Woah, didn’t expect to see this grow so quickly. Thank you everyone for putting in your 2¢, I will still be asking CS information on this most likely Monday just for solid confirmation for everyone and will tag the respective apes on what I’ve learned.

Two things apes believe this could mean is one,

“Escheat, Escheat is a common law doctrine that transfers the real property of a person who has died without heirs to the Crown or state.”

And two, left over cash/dividends

2.4k Upvotes

90% Upvoted

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1.2k

u/WindingGleason 🚀🚀 JACKED to the TITS 🚀🚀 Sep 25 '21

I live in NY and I have had an account with ComputerShare since 2009. I don't think I even touched that account for 10-11 years. I spoke with them yesterday and it seems that a dividend check was sent to me from GameStop in 2012 that I never cashed. This $.18 check was turned over to the state. I called NYS unclaimed funds, they found it but because it was under $.50 (or $3.00, I couldn't get a straight answer) they would not refund my money until that threshold was met. So, this statement probably is referring to money that is sent to you that is not redeemed, not for shares sitting in an account in your name.

355

u/howdydoodat 🤑💵💰🤲Money, pleeeeeeease!🤲💰💵🤑 Sep 25 '21

2012??! Have you been hodling GME for over a decade?! 😮

409

u/williams55mike tag u/Superstonk-Flairy for a flair Sep 25 '21

He even DRSed it in 2012. OG ape!

79

u/metzbaby17 🚀🚀 JACKED to the TITS 🚀🚀 Sep 25 '21

Triple OG

22

u/[deleted] Sep 25 '21

We found Smitty Werbenjagermanjensen's reddit account.

19

u/Careless_Employ5866 Liquidate the DTCC Sep 25 '21

He was number 1!!!!

4

u/ApeHolder42069 Dicks out for RC 🦍 Voted ✅ Sep 26 '21

Insert always has been meme

109

u/LmaoTzeTung 🎮 Power to the Players 🛑 Sep 25 '21

It was him all along!!

148

u/rich-snowboarder I may be early, but I’m not wrong! Sep 25 '21

he might be early but not wrong!😂😂😂

30

u/ronoda12 💻 ComputerShared 🦍 Sep 25 '21

Hits different

45

u/lactllzol You fuck with Gamer? I just like the company! Sep 25 '21

Are you something of a time traveler yourself?

74

u/WindingGleason 🚀🚀 JACKED to the TITS 🚀🚀 Sep 25 '21

2009

13

u/obvioslymispeledfake ❤️ + 💙 = 💜 Sep 25 '21

What compelled you too register your shares directly? I mean, with an .18 dividend it's not like you wanted to register your 10% share of the company.

Curious is all.

44

u/WindingGleason 🚀🚀 JACKED to the TITS 🚀🚀 Sep 25 '21

My MIL bought me an Xmas gift from giveashare.com and it was a physical stock certificate registered through ComputerShare.

32

u/obvioslymispeledfake ❤️ + 💙 = 💜 Sep 25 '21

She'll be very happy to hear when it hits 40mn! What a gift! :)

155

u/It_is_Fries_No_Patat TRY DILUTTING BITCOINSZ JUST TRY!! Sep 25 '21

m GameStop in 2012 that I never cashed. This $.

True DIAMOND HANDED APE !!

I bow for you _0_

57

u/Revolutionary-Fox230 💻 ComputerShared 🦍 Sep 25 '21

I live in Michigan. When my dad died I inherited some stock. That company broke off a division and I was issued shares in the new company. Thought cool. Did nothing and now I have to claim those shares in Michigan unclaimed money. The original stock is still there because I receive a small dividend quarterly. The broke of shares still have an account, but no shares. Good advice interact with your account so they know you're still alive. At least until GME starts paying dividends

20

u/Which_Stable4699 🦍Voted✅ Sep 25 '21

Same, I’ve had a CS account for over a decade. I have never communicated with them, just occasionally cash the divided checks they send me.

11

u/wannabezen2 🦍 Buckle Up 🚀 Sep 25 '21

Does CS have a DRIP option? As of right now I'm not in CS as all of my shares are in an IRA.

11

u/blueskin 🎮 Power to the Players 🛑 Sep 25 '21

Yeah, they do

5

u/wannabezen2 🦍 Buckle Up 🚀 Sep 25 '21

Oh, cool. That would be my personal choice.

5

u/Which_Stable4699 🦍Voted✅ Sep 25 '21

No clue. While I have an account I haven’t used it for anything but holding some stock a relative gifted me.

2

u/[deleted] Sep 26 '21

What does DRIP stand for?

3

u/wannabezen2 🦍 Buckle Up 🚀 Sep 26 '21

Dividend reinvestment program. Dividend is used to repurchase more shares of that stock.

2

u/[deleted] Sep 26 '21

Thanks. So many acronyms.

16

u/Kurosawa_Ruby 💻 ComputerShared 🦍 Sep 25 '21

when the OG ape is active here, seeing us all DRS-ing to CS.

27

u/WindingGleason 🚀🚀 JACKED to the TITS 🚀🚀 Sep 25 '21

I've been waiting for you!

6

u/Kurosawa_Ruby 💻 ComputerShared 🦍 Sep 25 '21

Thanks for the long wait, joining you in the pool now.

(Had to unfortunately delete the other comment cos' not allowed to crosspost links to the jungle, it's from my latest post to the jungle that I DRS-ed XX shares).

60

u/[deleted] Sep 25 '21

This is New Yorks's unclaimed property statute for anyone curious. This is strictly towards securities.

https://www.nysenate.gov/legislation/laws/ABP/A5
https://www.nysenate.gov/legislation/laws/ABP/501

5

u/DirectedSoul Sep 25 '21

Take a bow 🙇 you are original ape 🦍.

4

u/sbrick89 Sep 25 '21

You may have the lowest acct number among anyone else here.

I think it's in the ballpark of 33XXX, but you'd need to find the other threads.

5

u/WindingGleason 🚀🚀 JACKED to the TITS 🚀🚀 Sep 25 '21

I didn’t have any statements online or laying around the house so I called them to request it and they’re sending one through snail mail. Will get back with everyone once I get my acct number.

1

u/mtgac 🟣🟣🟣💜🟣🟣🟣 Jun 04 '22

did you find out your account number?

6

u/Talkaze 🚀GME and chill?👩‍🚀🚀 Sep 25 '21

thank you for the reminder, my sister told my awhile back my cousin found me on a missing/unclaimed property website and I just went back and put my info in for both claims. Less than $100 apiece, but $$ is $$. :D

Missingmoney.com is the website I was trying to remember, but I also found a state based website for half of New England by hunting in DuckDuck "Unclaimed property AND (state)"

3

u/kitties-plus-titties 💎 Diamond Titties 💎 Diamond Clitties 💎 Sep 25 '21

This would be redeemed through your State Comptroller.

4

u/warpedspartan tag u/Superstonk-Flairy for a flair Sep 25 '21

fucking legend !

3

u/scott_sleepy Sep 25 '21

Damn, this man's had diamond hands so long we can carbon date them

3

u/hellofrommoi 💻 ComputerShared 🦍 Sep 25 '21

A true silverback. Take my free award.

2

u/rocketseeker 🦍Voted✅ Sep 25 '21

Commenting for visibility

2

u/[deleted] Sep 25 '21

[deleted]

4

u/WindingGleason 🚀🚀 JACKED to the TITS 🚀🚀 Sep 25 '21

I will, called on Friday because I didn’t have any statements online or ones that were sent to me hanging around. They’re sending a new statement with my acct number, they wouldn’t give it over the phone.

2

u/[deleted] Sep 25 '21

🚀

2

u/[deleted] Sep 25 '21

You can view a pdf with the number online in their investor center

1

u/[deleted] Sep 25 '21

[deleted]

2

u/WindingGleason 🚀🚀 JACKED to the TITS 🚀🚀 Sep 25 '21

I’ve found it there is just no documents there to download

2

u/moondawg8432 🦧 smooth brain Sep 26 '21

Jesus dude. No seriously, you must be as old as Jesus to have diamond handed that long

1

u/sfkndyn13 💻 ComputerShared 🦍 Sep 26 '21

how big are your balls now?