![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, October 29, 2010 3:46:37 PM
"that own shares registered prior to the announcement".
Investors/Traders don't typically look at the certificates and have a reasonable trust in the broker supplying valid and up-to-date shares.
Its an ambiguous statement, but in a court of law, I would bet that since the shareholders have to put an inherent trust in the brokers servicing them, that the shareholders would win cases against the brokers for supplying fraudulent certificates. I would be concerned if I was holding on to shares bought in September, then I would be on my broker to make sure those shares were converted properly. Having owned shares in September, I would have "owned shares prior to the announcment". That makes more sense than hunting down my broker for a certificate to see if the shares are valid and whether they are registered properly. If I was that paranoid about stocks, I probably wouldn't get very far in trading and lose my mind at the same time.
IMO
Best to all
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM