Friday, October 20, 2017 12:17:11 PM
The problem with Cede is when there is a shareholder vote - on the OTCM it doesn't matter because the insiders usually control the vote.
As I posted when you look at a NOBO list as much as 80% of the shares are under Cede.
The stock held by Cede is called being held in the Street Holders Name.
So when you see a company that states it has 41 shareholders - Cede being one might be holding for 500 shareholders - so the number would be 540 shareholders.
IG
"Straight Facts Homey!"
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