| GNBA
STOCK
Groen
Brothers Aviation, Inc. is a fully reporting public company which
is traded on the OTC Market Group Inc. (Trading Symbol "GNBA").
Groen Brothers has been publicly traded since 1990. The company
plans to be listed on the NASDAQ (National Association of Securities
Dealers Automatic Quotation) market or the American Stock Exchange
(AMEX). However, until the company meets listing requirements, purchase
of GNBA shares must be made according to the Securities and Exchange
Commission (SEC) rules for unlisted small capital stocks. Stocks
that are not listed on NASDAQ or with a regional exchange, and that
trade for less than five dollars per share, have been defined by
the SEC as "Penny Stocks." A "Penny Stock" must
be specifically requested from a stock broker, who prior to the
initial purchase, will provide a form for the buyer to sign in accordance
with SEC rules. The form insures that the investor acknowledge that
he/she is aware that buying a small capital stock is a risk. Small
capital stocks that become listed on the NASDAQ or with an exchange
such as the American Stock Exchange, no longer carry the official
designation of "Penny Stock" no matter what the price
is per share. Many successful companies have made the transition
out of this low price category as they have increased in value,
have increased their shareholder base, and have met the reporting
and listing requirements. Even so, though a company may achieve
a listing, it is still wise for the investor to find out as much
about a company as is possible.
Groen
Brothers Aviation, through its web site, is enabling current shareholders
and prospective investors to be better informed about the Company's
plans and progress. If you are interested in buying GNBA you can
call any broker, who through the computer system can easily find
the market makers for GNBA. If your broker tells you that he or
she cannot find GNBA, or that GNBA is not available, then you may
send an email message to Groen Brothers Aviation and we will give
you the names and toll free numbers of small, major, or discount
brokerage houses who DO know how to buy GNBA.
If you
buy GNBA stock, at the time of purchase, be sure to tell the broker
that you want your GNBA stock certificate delivered to you, or into
your account, with your name on the certificate. If the GNBA stock
certificate is not transferred into your name, Groen Brothers Aviation
will not have an official record of you as a shareholder and will
be unable to send news updates or official notices to you personally.
To date, the Company has more than 1100 shareholders of record including
US and foreign, but because of the stock brokerage companies' practice
of holding public stock certificates in their own name, the actual
number of individual GNBA shareholders could easily be more than
double the number of record.
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