Thanks for recording the update as zero again after yesterdays activity. Could be another false zero update as before. Unusual dumping yesterday for certain. 🤔 Bubae Re: None Friday, March 28, 2025 11:58:52 AM Post# 42336 of 43009 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175988902
Once again the company doesn't tell the truth. I reported Wednesday the 26th that the OS was updated to show 375 million shares added to the count. That was before the open so we do not count the 195 million share sell off that day. Giving credit for the day of the last update of March 12th we have a total of 330,493,780 shares traded over the ten day period. Clearly there is no way possible to get 375 million new shares into the market between March 12th and this pre-open update of March 26th, right?
Transfer Agent Verified Share data displayed on www.otcmarkets.com alongside a "Transfer Agent Verified" logo has recently been verified by the company’s transfer agent as reliable and trustworthy. This data is also disseminated through OTC Markets Group's market data feeds to investors and broker-dealers. The Transfer Agent Verified Shares Program provides investors current and reliable share data. The program enables stock transfer agents to report their clients' share data, including authorized and outstanding shares, to OTC Markets Group on a regular basis via a secure, electronic file transfer.
When you see the "Transfer Agent Verified" logo next to a company's share data on OTC Markets, it means:
The share data shown (like how many shares are authorized, issued, and outstanding) has been checked and confirmed by the company’s transfer agent. The transfer agent is a trusted third-party organization that keeps official records of a company's stock ownership. They’re responsible for handling things like issuing new shares, keeping track of who owns what, and more. This verification process ensures that the share data is accurate, up-to-date, and trustworthy—not just claimed by the company, but verified by a licensed professional who handles their stock records. Once verified, that data is: Posted on www.otcmarkets.com Distributed to broker-dealers and investors via OTC Markets’ data feeds (so everyone gets the same accurate info).
How does OTC Markets qualify the transfer as "Transfer Agent Verified"? This happens through the Transfer Agent Verified Shares Program, which works like this:
Participating transfer agents (must be approved by OTC Markets) regularly send updated share data to OTC Markets using a secure electronic system. The data includes: Authorized Shares – total shares a company is legally allowed to issue. Outstanding Shares – shares that have actually been issued and are held by shareholders. By getting this data straight from the transfer agent, OTC Markets ensures that: The company isn't inflating or misreporting their share structure. Investors are getting real, confirmed numbers.
Why does this matter for investors and the market? Because in the OTC (Over-the-Counter) market—where there’s less regulation than major exchanges like NYSE or NASDAQ—trust and transparency are big concerns.
So when a company’s shares are "Transfer Agent Verified":
Investors feel more confident in the legitimacy of the share count. It can improve the company’s reputation and potentially lead to more interest and trading activity. It helps prevent fraud or manipulation based on false or outdated share info.
Authorized Shares 15,925,000,000 01/15/2025 Outstanding Shares 6,371,260,661 01/15/2025 Restricted 344,921,898 01/15/2025 Unrestricted 6,026,338,763 01/15/2025 Held at DTC 5,822,564,735 01/15/2025
Authorized Shares 15,925,000,000 01/08/2025 Outstanding Shares 6,371,260,661 01/08/2025 Restricted 344,921,898 01/08/2025 Unrestricted 6,026,338,763 01/08/2025 Held at DTC 5,822,564,735 01/08/2025
Authorized Shares 15,925,000,000 01/01/2025 Outstanding Shares 6,371,260,661 01/01/2025 Restricted 344,921,898 01/01/2025 Unrestricted 6,026,338,763 01/01/2025 Held at DTC 5,822,564,735 01/01/2025
Authorized Shares 15,925,000,000 12/25/2024 Outstanding Shares 6,371,260,661 12/25/2024 Restricted 344,921,898 12/25/2024 Unrestricted 6,026,338,763 12/25/2024 Held at DTC 5,822,564,735 12/25/2024
Authorized Shares 15,925,000,000 12/18/2024 Outstanding Shares 6,371,260,661 12/18/2024 Restricted 344,921,898 12/18/2024 Unrestricted 6,026,338,763 12/18/2024 Held at DTC 5,822,564,735 12/18/2024
Last 10 SS Updates DTC increases 7 out of 10. n Last 7 days >648,224,915 Authorized Shares 15,925,000,000 12/11/2024 Outstanding Shares 6,371,260,661 12/11/2024 Restricted 344,921,898 12/11/2024 Unrestricted 6,026,338,763 12/11/2024 Held at DTC 5,822,564,735 12/11/2024 >648,224,915