The way I understand the methodology of penny stock mandatory street name holdings is, all shares are in street name unless you can talk your broker into having your shares put in your name, most won't.
Huh? If you don't want your shares held in street name, you order certs. The certs can be held by your broker or by you. Many brokerages now refuse to hold certs for clients, and some refuse even to accept certs in penny stock companies for deposit.
The broker however, is on the TA list as the one and only shareholder, regardless of how many shareholders he may have with IOU's.
Actually it's CEDE, a subsidiary of DTCC, whose holdings are shown in the TA's log.