Replies to post #22987 on GEX Management Inc (GXXM)

[letzgetrich]

Investorr,

No, you're not correct. When a note holder wants to convert, they submit a request to the T/A to have said stock DWAC'ed to their brokerage account.

The T/A issues that to the brokerage account in CEDE and Company, which is the DTCC.

No stock goes into CEDE (DTCC) that is not free trading.