Replies to post #75762 on Bancorp International Group Inc (fka BCIT)

[matrix]

They check deposited certs against a database. If the number is not present, it's assumed good. The cert is then routed thru the system to the DTCC back to the TA for reregistration. The second check (DTCC to TA) is where they were picked up.

[bob41]

"this was obviously a long-term con-game..."

Finally a bit of light.

Yes, the Plank and Sytner have been playing this game for a while. Three corporate hi-jackings? Not even the Plank is that dense.