Replies to post #2808 on RCMW Group Inc (fka RCMW)

[steve5]

Thank you for the post.
I just talked to my broker (e-trade), I have a cash account, and he confirmed my shares had never been loaned, you are right, only marging accounts are susceptible for loaning.

So please, if anyone has a margin account, place a
Loan Exempt Restriction ASAP.

Feeling great about CPOW. More solid news coming.

[WaitN4TheBigOne]

It seems Registration and Loan Exemption are two different things:


DIRECT REGISTRATION
Under the Direct Registration System, physical certificates are not issued to shareowners. Instead, each shareowner is provided with a statement at least once a year reflecting the number of shares registered in his or her name on the company's books. This form of ownership, known as "book entry," provides benefits to you and the company.

These benefits include the reduction of:

Problems associated with shares held in certificate form, such as the need for safe storage,
Costs associated with the replacement of lost stock certificates,
The requirement for physical movement of stock certificates at the time of sale and the accompanying potential for loss, and
Costs associated with issuance and delivery of physical stock certificates.

If you purchase company shares through a broker and would like those shares to be held in book entry, you will need to instruct your broker to register your shares in book entry through the Direct Registration System. Similarly, if you already own company shares that are held by a bank, broker or trustee in street name, you may have some or all of those shares transferred to book-entry form. Simply instruct your bank, broker or trustee to register your shares in book entry through the Direct Registration System.