We got some news warning from M2E (Please be aware),

This weekend one of our new friends, he had bought 600 me2everyone shares of E-bay for GBP £5.94, but could not see them in his Share account. M2E advised him to contact the seller and request his money back.

Please be aware that me2everyone shares are NOT currently available for sale (nor do we have any plans during 2009). If you see anyone selling me2everyone shares, please contact M2E immediately. it is in the interests of all members that M2E safeguard the integrity of the company and the interests of all M2E members.

Please remember that you receive an allocation of shares at no cost when you become a member or recommend your friends. When shares are registered and the share centre is opened (in me2everyone), this will be the ONLY place where shares can be transacted. All of the legal forms will be in place and our Company Secretary can be updated on all transfers and arrange the new certificates to be issued.

M2E Finance Director, David Lewis, offers the following advice:

“For members information, the position in respect of shares is very clear. Firstly you cannot pass any shares in me2everyone ltd to anyone without first seeking the permission from the company. In the event that permission is granted then the transfer of the shares can only be effected by the shareholder completing the legally required paperwork. This involves them filling in a stock transfer form and sending this to the company together with their share certificate. Once the company receives these two documents, it records the change of ownership of the shares in its records and sends a new share certificate to the new shareholder. Only when all the paperwork is complete is the new owner recognised as the shareholder by the company.”

Once me2everyone ltd completes its current restructure to become a public limited company, you will not need to seek permission to transfer your shares to someone else. However the paperwork procedure for notifying the company of the change of ownership will be the same.


We hope this is helpful for you and be carefull.