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bax

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Alias Born 06/27/2005

bax

Re: dustybutler1 post# 18603

Tuesday, 08/30/2005 8:36:27 PM

Tuesday, August 30, 2005 8:36:27 PM

Post# of 159799
Dusty, thinkmesh, pickspicks, newair, serfdom and others who have helped me understand what is going on....

I called a scottrade broker at my branch to ask a few more questions. Between that session and your most recent posts to me, I think I finally get it!

It seems as though, regardless of who is on record as a shareholder at the TA, there is no way to know who really bought the legit shares because most are probably held in "street" name. If I would have requested a stock certificate before the DTC put a "chill" on BCIT, I could have likely gotten a legit certificate. As far as Scottrade is concerned, I am a legal shareholder.

One other question I had before was regarding legitimate shareholders. Apparently, we all are and in the event of a recall and reissue, the only shares that won't be honored are the short positions held by the MM thieves that can't be covered.

Please let me know if I finally got it and make corrections. Thank you very much for educating me.

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