Tuesday, May 28, 2024 4:44:19 PM
So who's gaining what benefit?
The bar was a private entity but didn't change his name to a-c-cr bar?
It just looks like a money laundering setup. A money losing bar now has who knows how many shares out there. The TA only has what they tell the TA. The TA's job is to facilitate known equities a corp provides them. They do not investigate or go looking for shares for a company. That's why so many penny scams suddenly show billions of shares all of a sudden because they don't give all the information to the TA's. Don't forget none of these are SEC regulated/registered corps, so they can do what they please.
The other thing is many scams list share transfer sometimes as cash transactions, which is false. I believe that's whats happening here.
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