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Re: BERKSHIRE2 post# 7109

Monday, 09/25/2017 3:04:26 PM

Monday, September 25, 2017 3:04:26 PM

Post# of 70488
Cede & Co is a clearing house that is in place to hold shares for bank, brokers and institutions or execute DTC DWAC instructions. When you buy or sell securities with a broker, your name is not actually on the stock or bond certificate. The name that appears on the certificate is that of your broker, or what they call "in street name". Its not one person but representative of many shareholders positions.

UATG has institutional investors. They said so in filings and press releases so it stands to reason that the shares held in street name are with those investors that have obviously funded the company.

Its virtually impossible to find out who actually owns the stock held in street name. Even the SEC has trouble getting access to it legally.