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patchman

04/30/11 8:41 AM

#334902 RE: starfire #334899

And they are irrelevant here why? The systems are the same regardless of fraud right? A NOBO/OBO list still requires BD responses right? A Stock Ledger will still identify only those shares issued by the company correct? that Ledger will show most shares reside at DTCC under Cede and Co. and therefore irrelevant in identifying individual shareholders. If ex-clearing is the supposed location of the FTD's (as they clearly are not showing on the books of the DTCC), which one of these DTCC based actions is supposed to uncover them?

Feel free to discuss the options with specific details. I am curious as to where the shareholder mindset and understanding of systems is.