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Wednesday, November 16, 2011 12:45:38 PM
"The company issues the stock through a legal opinion given to their TA. The TA then sends the shares (DWAC) electronically to the DTC with the instructions as to who gets them. The broker of the receiver goes into the DTC system and claims the shares into the trading account.
No clearing of paper cert necessary because the DTC has cleared them electronically."
If people are going to trade pinks they should at least understand how dilution works......
capiche?
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