Zero 2 Rich

Investing to One Million Dollars or Bust!


The company I work for granted us stock option years ago. They were good for 10 years. Way back then, our company was doing very well. Our stock went up and we split every year, for like 9 or 10 years in a row. The gave us these stock options. But then our company joined the S&P 500 and then the stock price stablized. It stopped going up, and just sort of stagnated. I already exercised the first round of stock options a few years ago. They were actually worth a bit of money, though nowhere near what we we hoping they would be worth after 10 years.
The next round of stock options was due to expire in July. I had to decide whether I wanted to wait to see if the stock went up, or cash them now. The market could go down again. Ack! I was originally granted 250 shares I think, and I had 375 after the last 3/2 stock split.
I decided to go ahead and exercise the stock options. I had to set up an account with Merrill Lynch. After a couple days I was set. I went ahead and did a cashless exercise. This means that I don’t have to use any of my own money. The brokerage buys the stock at the grant price, and turns around and sells it right away at the market price, and I get the difference.
After the cashless exercise, I am getting about $2200. Not alot considering I have held these things for 10 years. But then, I got them for free. I don’t think they quite turned out like the company had intended, or like the employees had hoped. Oh well.
I plan to apply the money towards paying down my credit card. I had my credit card at a zero balance at one point. I hope to get back there again! I am making very good progress.

I was doing some spring cleaning, and stumbled on some junk mail that had been gotten shoved in a box. One of the things in the box was OTC Market Digest-Fall 2007 (Powerful Picks for Rapid Returns) . These things are so funny! These are like those spam emails that come touting a stock, where the senders have loaded up on some garbage stock, then when everyone buys the stock based on the email, they unload the stock at a profit.
The “issue” came apparently in Fall of 2007. The cover price was $29.95! For laughs and giggles, I decided to check out the stock they were recommending, but a year and a half after the fact. I looked up the stock symbol TCHH.OB, and got a message saying it wasn’t found. I searched for “Trustcash Holdings, Inc” and found it’s symbol had changed to TCHH.PK. It’s last trade was 0.0032. So less than a penny a share. Actually, I could buy 3 shares for a penny. Gee, I wonder how many shares there are, I could maybe buy the whole company for a some small amount. LOL! I tried to look at the history of the stock, to see where it had been in 2007, but there was no history. Probably because it is so small, that they don’t bother keeping it’s history.
Oh, I went to check out the website of “OTC Market Digest” (, and it doesn’t seem to exist anymore.
So be very careful about stock recommendations!

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