InvestorsHub Logo
Followers 212
Posts 32201
Boards Moderated 1
Alias Born 06/30/2009

Re: None

Thursday, 01/21/2010 8:55:31 PM

Thursday, January 21, 2010 8:55:31 PM

Post# of 346917
A list of list comments:
Can you help with the distinctions between:
Non Objecting Beneficial Owners NOBOs and Objecting Beneficial Owners OBOs and, if the descriptions don't answer it, why is it just a "NOBO" list?

OBO list is a list of shareholders
that do not wish to be contacted by the company hence the name Objecting Beneficial Owners.

Can I correctly draw the conclusion from the description that you provided that, even if "the list" is legitimate and accurate, it would not be a complete list of outstanding shares due to its exclusion of OBO's?

Doesn't that make the case that, if the list is legitimate, then the O/S reported by it is a minimum at that time

Is a company's NOBO list normally available and to whom?
(unanswered)

OBO's are on the list, they are all together as Cede and company with any one else whits shares held in street name.

How can you tell that OBO's are on that list? What would differ in the appearance of the list if OBO's were NOT on the list? (unanswered)

"It's not a NOBO list. It's a transfer agent list or an internal list. A NOBO list would never list CEDE shares. A NOBO list is the true owner of shares in held in CEDE's name."

NOBO lists dont have cert #'s on them either, I dont think

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

I left some stuff out.....some on purpose (I just couldn't bring myself to accept the possibility that it was a list of, or a list that specifically included "phantom shares") and I suspect a few by accident.

I hate to say it, but I'm pretty much right back where I started. I don't know where the list came from or exactly what it does or doesn't include. I believe that I learned that the shares listed under Cede represent shares in street name that are held in separate accounts by brokerage, but the manner in which they find their way on and off the list and the nature of the multiple 177 million share listings is lost on me.

But thanks for the contributions.



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.