Elite Pharmaceuticals Inc (ELTP)

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Shareholder of record

In the spirit of Thanksgiving, let me help you kids out in determining the understanding of ELites shareholders of record

Shareholders holding stock certificates are considered shareholders of record.

Everyone else owning shares through their brokerage accounts ARE NOT considered shareholders of record...rather, they are BENEFICIAL OWNERS and are not among those counted in determining the number of shareholders of record. The brokerage (clearing firm) is considered the shareholder of record in this case

Thats technically how it works although many companies dont even understand it and use NOBO list counts etc, erroneously