Replies to post #25694 on Alcar Chemicals Group, Inc. (fka ALCX)

[to_profit]

I can't see how it could resolve the phantom share issue (if any…)
If the TA was issuing phantom shares they are sitting in our accounts. If the share count shows that the actual number of shares is greater than the free float what’s next? In fact, ACMG/SIAM would need to issue the divvy one-per-one including phantoms. It means stock dilution (maybe a very large dilution), or another words it is resolving the N/S issue at our expense. Who’s responsible for issuing the phantoms then?
Even if SIAM applies the divvy only to those shares bought before March 30 there may be (and most likely will) a lot of phantoms. What’s going to happen to those who bought after March 30? No answer, just a very big mess.