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Re: Dingbatt post# 69750

Tuesday, 01/02/2024 11:47:07 AM

Tuesday, January 02, 2024 11:47:07 AM

Post# of 72586
"has promoted efforts to eliminate paper stock certificates, a process called dematerialization—which has been a goal in the industry since at least the 1960s"

"In 2012, water from Hurricane Sandy flooded a vault at the DTC, damaging over $1 billion in stock and bond certificates.[7] Countries around the world have adopted similar initiatives, with some countries setting deadlines for statutory dematerialization"

What tenkay is saying is nobody in MULN land is going to ask their brokerage for a muln stock certificate unless they are a dingbat, lol.

https://en.m.wikipedia.org/wiki/Stock_certificate

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