Bemax Inc (BMXC)

[Deagle]

Cede and Company, also known as "Cede and Co." or "Cede & Co.", is an organization founded in 1996[1] that was formed for the purpose of efficiently processing transfers of stock certificates on behalf of Depository Trust Company,[2] the central securities depositary used by the United States National Market System, which includes the New York Stock Exchange, Nasdaq, and other exchanges together with associated clearinghouses such as NSCC, FICC, DTCC, and others. Cede technically owns substantially all of the publicly issued stock in the United States.[3] Thus, investors do not themselves hold direct property rights in stock, but rather have contractual rights that are part of a chain of contractual rights involving Cede.[4]
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