Replies to post #48150 on California Grapes International, Inc (CAGR)

[whodis]

You are absolutely INCORRECT. This has EVERYTHING to do with naked shorted shares. It happens day in and day out with many, many MM's, and thousands of securities. Only difference here is the company did not go out of business, and actually called in all bets. Now, it's time for them to pay up.

Nobody is taking anyone's property. If anyone holds legal, legitimate shares, I haven't heard anyone say that they will not be able to swap them for valid new shares at whatever point in time they discover them in that shoebox in the attic.

You are really grasping at shares now. It's really very sad. As I have said to you countless times before, if you believe something illegal is going on here, please go ahead and report it to the proper authorities. They will clear it up for you I am sure :)

This has nothing to do with naked shorting.

[Alyssa]

If certificates continue to be held in street name and the TA does not know the names of individual shareholders, then that leaves the gates wide open for funny business, especially since some brokers are also MMs. Get it? "Names splattered all over creation??" That's not true, and could you be any more dramatic? lol

And, what the heck is the company implying when it recommends everyone contact their broker to insure the TA is properly notified of their names? Thats nuts. people use brokers so that they are on the OBO list and their names are not splattered all over creation. what does the company want everyones name for?