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Saturday, October 22, 2016 2:25:03 AM
"Transfer Agents are considered the official keeper of the corporate shareholder records." If they're not doing that --or fail to conduct good faith due diligence to assure investors the numbers are accurate-- Imo they need to resign immediately. I also read that--
"Stock transfer agents verify that owners of stock are genuine through the use of signature guarantees. This is often referred to as a "Medallion Signature Guarantee" in the United States. A signature guarantee is a warranty by the signature guarantor that the endorser of a stock certificate or stock power form is an appropriate person to endorse and thus transfer the security. Signatures on a stock certificate or stock power must have the medallion guarantee. A medallion guarantee is also used to validate the genuineness of a securities transaction document (typically a stock certificate). It is backed by a bond and protects the issuer of the security and their transfer agent from fraudulently transferred securities. A medallion guarantee may be obtained from most major banks, brokerage firms or credit unions."
Eddie Vakser has had 7 billion shares since February (it was upped to 8B this week). The TA (Jason) assured everyone this week that roughly 3billion common have been issued and are outstanding.
My "opinion" is as valid as your "hearsay"
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