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Re: Rawnoc post# 13669

Sunday, 04/11/2010 11:37:20 AM

Sunday, April 11, 2010 11:37:20 AM

Post# of 14386
Rawnoc,

I guess I am ignorant of the mechanism for exactly how new shares are created and sold. I always assumed there is a very robust system in place to ensure that this is difficult and definitely traceable. Perhaps you could illuminate this process a bit.

Is it your understanding that these "phantom" shares could be created and sold to the public with no record of how or who did this?

If not, then do you have any candidates for who might have perpetrated such a fraud? I would think that the possibilities are rather limited in a company of only 10 or 11 employees and with likely very few of which could effectuate such a process.


Be interested to hear your thoughts on this.

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