Wrong. the common class of trading shares are "held" by the TA. they are indeed "outstanding" and can be SOLD as electronic shares (TD, etrade etc) or sold as paper shares (via company, or via licensed broker) for cash or in exchange for purchase of a company or services of an individual.
You CANNOT issue new trading shares or add to the OS without filings!
Selling paper shares that come from the existing outstanding common trading pool DOES NOT dilute or increase the OS. period!!!
Want to see what I'm working on? click my profile link and go to the recent posts tab. good luck and good trading all-
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