On4 Communications Inc (ONCI)

[BigBadWolf]

http://www.finra.org/investors/understanding-brokerage-account-transfer-process

Outstanding Shares - Investopedia
https://www.investopedia.com/terms/o/outstandingshares.asp
Outstanding shares refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Outstanding shares are shown on a company's balance sheet under the heading “Capital Stock.”


In order to retire stock, the company must first buy back the shares and then cancel them. shares can not be reissued on the market, and are considered to have no financial value. They are null and void of ownership in the company. Retired stock is repurchased from the money saved in the company's retained earnings.Jul 21, 2015
shares retired? | WordReference Forums
https://forum.wordreference.com/threads/shares-retired.3046510/

re·duce
r?'d(y)o?os/Submit
verb
1.
make smaller or less in amount, degree, or size.
"the need for businesses to reduce costs"
synonyms: lessen, make smaller, lower, bring down, decrease, diminish, minimize; More