I have already, changed...
the term in the original post. "Technically" I think you're right about it being the registration and not the shares itself. But like I said, to shareholders the effect would be devastating either way, so what difference does it make, how it is "technically" done. Like I said, try selling the shares. Are you going to go door to door, because they will not be sold publicly. That would be an interesting sales pitch.
"Pardon me sir, would you be interested in buying some unregistered shares in a company who had their registration revoked due to commiting fraud, running a pump and dump, lying to investors, etc... etc... etc..."
Of course you could try the GlobeTel/Sanswire method of selling to would be investors and just lie to them... but then you might end up like they did, facing prosecution yourself...
You said...
"i think it would be more devasating to the shorts."
How so?
