UnifiedOnline Inc fka UOIP

[AllinFun]

What geejay is saying, is that when Billy told our team that the TA would be reaching out to collect information from shareholders - this made no sense as the TA's only purpose is to keep record of what brokerages hold shares and quantities. The TA would then reach out to these brokerages if there is a distribution.

What I could be missing here is if the distributions were to be wired to shareholders directly from the TA then the TA would reach out to brokerages for shareholder information where they would then reach out to the shareholders. I find the perplexed as I would assume the brokerages would handle that side with their clients as they have the logistics for it, whereas I don't think a TA has the logistics to be reaching out to shareholders individually for direct wires.