And how would that work? Let's say RCCH gets bought out (as ridiculous as that is). Let's say $1 per share. The T/A provides the OBO and NOBO list, in addition to their register that list the cert holders.
Let's then assume there are 500MM shares o/s and the company has only issued 300MM.
Then what is the next specific step?
Obviously, the brokers have all reported that they have received delivery of those 500MM shares. Otherwise, they would have reported a FTD.