Well that sounds reassuring... The end game of what happens to all these NSS was very puzzling to me. I have been doing many Google searches on NSS and although it is very real and does happen esp. in the pinks, I could not find any articles on how these shares get resolved in the end.
From what you're saying, any broker holding stock in street name is responsible for the stock cert's being real. If I go to sell my shares and they find out they were "air shares" then they buy an equal number at their expense on the open market to replace mine?
Doesn't the TA keep a tally of the authorized # of shares and a stockholders list of all shares held (in street name and actual paper cert's)? It would seem to me that the TA would know exactly how many shares of discrepancy there is at any one time.
"When the time comes"..???...that is the point!!...It is Not looking like it will come and the shorts won't have to cover!
No matter what happens to developments or the pps..Keith has his Income machine @ the share holder expense!
Keith does not need for the Company to be sold for him to have an Income into the future and he does not care about the pps or how it is affecting the shareholder base!
yes ..he is continuing the development of the company and it all sounds good..but we here are Investors...here to realize a ROI...which ..is looking bleak..imo...
No matter what the pie in the sky news states...the over all collective opinion of "the street" ain't buying it...which puts ROI..in nowhere land ..so far!
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