Noradio, this all goes through the Transfer Agent according to Stock_Barber. The TA handles everything and knows naked shorts don't exist. The TA knows, ROTFLOL~!
All these wash sales hiding FTDs. Ask about the trade swaps. LOL~! Or the sham resets and sham transactions or when they reset transaction dates. All in an attempt to hide FTDs. All can be read about in the Overstock lawsuit where a person tried to pass himself off as a Bonafide market maker.