Funr (FUNR)

[andre1234]

"Cede and co processes for dtc. It should be everything on deposit and eligible for imediate trading. Someone could have a stock cert that is unrestricted but they would need to deposit it first to make it tradable. Then it would be added to the count w cede and co.
At least this is my understanding."

The above is a response from Ben Berry of Synergy Management a few weeks ago. I emailed him because I was not clear as to Cede's role with respect to trades. Still not sure why they are listed in CUBV filings. Very interesting.