RCC Holdings Corp fka RCCH

[N.A.T.]

Newbie type questions:

With all the shares we have been buying (many probably bogus) which we are holding, what happens on the uplist when we hold more than the authorized float? I have hear repeatedly that we are safe if they have been in our accounts for T+3 days. Great, somebody needs to pay. But, seriously, if more shares are held than have been authorized by the company, who determines when, and at what price we are made whole? Would the company or the new exchange need to recognize that we bought what we believed to be real shares?

I understand the concept of the shorts being required to buy real shares at whatever price is required. This does make sense. I just don't know what happens when more shares are actually held then are suppposed to exist.

I will be gone for the next two hours after about fifteen minutes from now.
I just have a problem understanding this tricky point. Thanks for any knowlegable response.