Fake shares have to be covered...Period. I had spoke to a retired broker from Merril Lynch. His opinion was most shares on the OTC are fake shares and never have to get covered because the companies will go BK, R/S and change the ticker to try again or just disappear. It is very rare that Pink Sheet companies actually have income and don't depend on selling shares to meet their monthly obligations. Since RCCH is one of those extremely rare companies they will have to cover at whatever price they can....Period. International Exchange will demand clean certs based on the audited share structure. NSS can't get around that. GL.
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