They ensure you they will take care of everything, even if you dont know where your shares are or what broker might handle the account. Over time they try to increase preasure, telling you you might loose the money, because the stocks get nullified if you dont sign their documents.
Dear Mr XXX
We are processing the Default of your payout since I have not heard back from you. Could you
please sign and date the attached Notification of Default and return it to me.
Greenpoint Acquisitions LLC
Phone: +1 518 616 9313 Ext. 2016
The attached documents might have wordings like this:
<Header with Logo looking very official>
Before this acquisition is completed Federal Law requires all shareholders on the company register to be givenfair and equal opportunity to sell said shareholdings at a price dictated by an audited assessment of value by a certified appointed Federal Auditor, which in this instance equates to a price of US$ 5.63 per share and is onrecord to have been the offering price to all investors through Greenpoint Acquisitions L.L.C., However, should a shareholder decline said offer by Greenpoint Acquisitions L.L.C., notice is to be given to our department with the signed notification of the shareholder/s intent to decline, and be filed with our office no later than 3 (three) business days after an official notice of declining said offer. Thereafter a Default Notice is to be forwarded with full disclosure of risks and consequences involved with a declining motion from said shareholder/s.
The consequences of declining said offer will leave the shareholder/s with no legal ownership of said equity or be able to redeem said holdings as the shares will be deemed null and void by the courts as said company shares will be dispersed and no longer exist in the company register.
If the shareholder/s wish to change their decision and sell their holdings to Greenpoint Acquisitions L.L.C., this notice is tobe signed in the designated area at the bottom of this page. The shareholder should understand the terms andconditions of a declining motion, and must sign and witness, to confirm that in the designated area provided below.
Note that this documentation serves as an official Greenpoint Acquisitions L.L.C. Default Notice is to be acknowledged and returned with signature regardless of the final decision within 3 (three) business days from receipt of notice.
I, XXX wish to decline the said offer by Greenpoint Acquisitions L.L.C. and confirm by signing that I understandall liabilities and risks involved in such action, and agree to the entitled amount of US$168,900.00 being held in Escrow be returned to the original depositor.
They try to put pressure on you and tell you that you will not get amount of money because you did not react.
There is NO LAW in the world that can make this happen. They are not allowed to nullify any of your property like this.
So be aware that this is all a setup to make you react and become greedy and careless.