Is there a logical balance point between service and price? (Part Three)

Quite a difference in the financial environment since I last posted here (sorry for the delay). During this time, the dangers of having a giant bank or financial services company act as your stock transfer agent, provide your corporate action services, pay your dividends, manage your ESPP’s, act as exchange agent, etc., etc., etc., have become self-evident. Those giant transfer agents have plenty of other things to worry about besides your shareholders (like staying in business, etc.). As a matter of fact, with CDO’s, sub-prime mortgages, credit default swaps going down the tubes, the LAST thing they are concerned about is your company’s stock transfer needs.

Guess what! StockTrans has no investments in CDO’s, sub-prime mortgages or anything like them! We are, as we have been for almost 40 years, totally independent, totally solvent and totally dedicated to stock transfer and stock benefit plan administration alone. Now is really not the time for you to have to worry about the security of your shareholder data. As you are probably aware, one transfer agent has reportedly lost the personal identifying information of as many as twelve-and-half million shareholder accounts! Other agents have outsourced their customer service operations to foreign countries. Is that where you want your shareholder information to be under the current economic conditions? Knowing that foreign markets are in at least as bad shape, if not worse, than ours? Don’t forget, your shareholder’s personal information is worth money to criminals! Do you want to take the risk that someone that you do not know, who is in some country thousands of miles away, operating under stock transfer security procedures unknown to you, has access to your shareholders’ accounts?

At StockTrans, we have multiple layers of data security and personnel security to insure that your shareholder information is never released to anyone except authorized parties. All our transfer agent and stock plan administration personnel are here in the good ole U.S.A. Is your stock transfer agent in the financial condition that it can even focus on your business? Think about it, and feel free to call me to discuss any of these matters.