Masterbeat Corp (MSTO)

[ThoughtsorNot]

DrB I was gunna ask that question. What causes DTC to increase but not Outstanding?

The Depository Trust Company (DTC), DTCC’s central securities depository subsidiary, provides depository and book-entry services and operates a securities settlement system. In this regard, DTC holds eligible securities on behalf of Participants and its activities include transfers and pledges of securities, and the settlement of transactions for Participants by book-entry, free of payment or delivery versus payment.

So my understanding is, correct me if I'm wrong. Is shares issued in the past, would go under O/S Share count, when the recipient of those shares sells them? They then go into the DTC count? Or if a broker shorts the shares to a recipient, those shares go into DTC?? or if restricted shares get the legend removed and are sold in the market?

Again, I'm just guessing from what I read. Anyone know if I'm accurate or am I misunderstanding it. Thanks In advance for any input....T.O.N.