As far as dividends or anything else is concerned, the company cannot differentiate treatment of certed shares vs. held in street name shares.
If there are any fails to delivers, or NSS, there would be no way for ALL shareholders to recieve their certs until the fails cover. ... Is this where you are going with this??? Interesting... so, if 1.1 billion shares demand certs, how do they all get them? I say we sick Ren on someone at the DTC and find out..
They could issue a dividend to all longs,since they cannot and should not differentiate between certed and street name stock, and the shorts will have to pay. That does four things..
1- make it cost the shorts actual $$$
2- help the PPS
3- instill shareholder confidence
4- shut my ass up on this deal
I say #4 alone would be worth it.
