Exobox Technologies Corp (EXBX)

[Mark A]

I'll beat you to it Rocket
Is it just me...or does this sound like one of the laws or rules of wallstreet that seems a bit shady? WHY???
Seems a little bit under the table to me. Any of you "experts" want to explain the why and how this is done?

Indirect Stock Ownership:
Your stock is held through a bank or brokerage firm in the broker's name for your benefit. Indirect ownership is generally referred to as "beneficial" or "street-name" ownership. A stock certificate is not registered in your name, and the company does not have a record of you as a shareowner. Dividends are paid to your broker for distribution in accordance with your agreement with that broker. Financial reports and proxy materials are mailed by the company to brokers for distribution to beneficial shareowners. If your stock is held in a street-name account, you are not eligible for participation in the Dividend and Cash Investment Plan because the Plan's administrator does not have access to your records.