A money quote from this article: "Toxic lenders love calling transfer agents in order to know what the outstanding shares are at any given time. So do very active day traders on IHUB. Unfortunately, transfer agents are NOT ALLOWED to share that information. This violates the T/A’s responsibility to not disclose non-public information. The only right answer the T/A should be providing when asked is, ask the company. Evidently, some T/A’s are in bed with your note-holders, and why not. They get up to $500 for each conversion a lender submits, and guess who pays that, you the microcap."
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