Copper King Mining Corporation fka CPRKQ

[Colorado1]

If one brokerage does not deliver to another

You have an FTD recorded because it goes across the HUB. It is electronic and goes through the DTCC.

Internally if shares were being kited between accounts it is possible to keep them off the books. But they would have to cook them so as to align the shares to show all their clients they have them in their account.

It could also occur if two brokerages on the spoke were to collude and cover by bouncing the undelivered shares between the spokes without going across the HUB.

Both are Federal Felonies punishable by 5 years and $500,000 per occurrence. Not really worth it with penny stocks I would imagine.