Elite Pharmaceuticals Inc (ELTP): So if we all own millions of shares of s...

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Re: namtae post# 234570

Saturday, 11/26/2016 9:53:18 AM

Saturday, November 26, 2016 9:53:18 AM

So if we all own millions of shares of stock here purchased through E*TRADE then E*TRADE gets all of our votes? Wrong That doesn't mean what you think it does. The beneficial owner is the owner of the account that owns the stock, for example if you have a corporation that owns stock then you are the beneficial owner and the corporation is the shareholder of record.

idleness is the only refugee of weak minds

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