narvo, I follow your argument, and
my answer is echos back to something I mentioned earlier.
My direct answer to your question, is that NS shares may or may not be considered shareholders of record. Again, this is why I requested my certs. What we are sure about is that those that hold certificates, or own CMKX in street name (through brokerages), or held by insiders (including Urban) are registered with 1st Global as shareholder's of record.
If NS shares exist, I highly doubt they would be on record with 1st Global, since they have the accounting of all recorded owners.
So, if a large entity owns 350 billion of NS shares you give in your example, they would not be a party to a dividend as outlined in the PR's.
My response would be to them, "see the culpable MM's for resolution to your problem".
More than a few have said...oh we have to raise our O/S to 800 to let the MM's cover...
My response to that is, you are biting off your nose to spite your face.
The resulting detriment of 800 billion O/S to help the MM's will far outweight any forseeable benefit.
If there is a NS problem, it should be the MM's to resolve, not us.
I hope that helps.
Be well, Bo
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