Replies to post #69295 on 8000 Incorporated (EIGH)
10/07/10 12:27 PM
10/07/10 5:50 PM
However, the audit indentified some interesting facts which we are looking into. To give you an idea, one brokerage shows through the transfer agent certificate audit that they hold 35,464,468 shares in their recorded and certified accounts, with each share recorded by individual specific certificate numbers. When we reviewed the account figures, the figure reported was in excess of 38M, with a further 30M shares within the audit still to be allocated. The results so far represent only 57% of the total number of shares available with only 65% of those allocated to individual brokerages and so the assumption would be that this figure will increase.
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