Sorry, it was just my way to welcome...
you back.
I was going to say:
The shares for services question of mine was intended to be limited to the actual issuing of the shares, not the subsequent public sale of those "issued for services" shares. The trade I was asking you about was shares traded for services, not shares sold (traded) for cash.
Does that change things about your answers?
How do the other classes of stocks get issued without being traded or tradable?
But, if this bothers you; never mind.
I have been thinking about the naked short stocks that you have mentioned here so many times. It seems to me that companies are regulated a great deal to have the rights to issue stock. They need to disclose, report, and etc for the rights to issue stock. The naked short sellers are, on the other hand, able to issue and sell stocks that don't exist on the same open market without any regulation to report, disclose, or etc. Essentially, while the naked short position exists there is a phantom amount of non-disclosed, non-authorized shares participating on the open market which influences the market price in a much unregulated manner.
Is this just another example of undesirable results of an unregulated free and open market?
Why is part of this market activity regulated so strongly, while the other material part of the activity not regulated at all?
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