Treaty Energy Corp. (fka TECO)

[tdbowieknife]

There are no NSS in TECO as I have said all along. If there were the company would know it. So Clown lawyer Henry Klein, Mike Mulshine and the rest of the gang of cons, knows full well that his NSS story is complete bullshit.

A post by 1manband in response to this misguided investor...

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The shares would still show up in the traders account....but they would have been created by the MM's NS, not the Company.
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Nope. Here is where that argument, and any argument about large NSS positions, completely falls apart.

Every trade has to run through the transfer agent/registrar. They assign the shares sold to the new buyers. IF there was actual NSS, and shares were created out of thin air, the TA would know about it. Immediately. There is no way they cannot because their shareholder registry would instantly show more shares outstanding than issued any NSS shares would still be credited to the buyer (who pays for it - otherwise, the seller that created the NSS wouldn't get paid for their shares!).

And remember something else - the TA works for the company. Again, the transfer agent WORKS FOR THE COMPANY. They are engaged and receive payment from the Company, and they are on the same side. They are also regulated.

No one can "hide" NSS, much less the purported "billions" of NSS that these penny stocks claim for pump and dump purposes. It would have to appear in multiple places and be known by multiple entities, including regulators.