Hemi Energy Group Inc. (fka HMGP)

[bdahl385]

Well that sounds reassuring... The end game of what happens to all these NSS was very puzzling to me. I have been doing many Google searches on NSS and although it is very real and does happen esp. in the pinks, I could not find any articles on how these shares get resolved in the end.

From what you're saying, any broker holding stock in street name is responsible for the stock cert's being real. If I go to sell my shares and they find out they were "air shares" then they buy an equal number at their expense on the open market to replace mine?

Doesn't the TA keep a tally of the authorized # of shares and a stockholders list of all shares held (in street name and actual paper cert's)? It would seem to me that the TA would know exactly how many shares of discrepancy there is at any one time.