"has promoted efforts to eliminate paper stock certificates, a process called dematerialization—which has been a goal in the industry since at least the 1960s"
"In 2012, water from Hurricane Sandy flooded a vault at the DTC, damaging over $1 billion in stock and bond certificates.[7] Countries around the world have adopted similar initiatives, with some countries setting deadlines for statutory dematerialization"
What tenkay is saying is nobody in MULN land is going to ask their brokerage for a muln stock certificate unless they are a dingbat, lol.
Several years ago I read about brokerages using hand written ledgers back in the 1920's, thus being the initial attempt to phase out issuing paper certificates. A very, very small percentage of blue chip investors still ask their brokerages for paper cert's for their own reasons(nostalgic, ect.). MULN is definately not on that list unless a MULN investor is a certified dingbat. You crossed that plain and are now considered(by the voices in your head) an educated investor. In other words...you put the dollar back in your pocket instead of putting it in the MULN gullibility machine.
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