InvestorsHub Logo
icon url

medchal

06/14/12 9:06 AM

#202004 RE: Texan77 #201997

"so wheres the proof of ownership? cant [sic] waite [sic] for this explination [sic]"

What a silly question!  Most personal property has no "proof of ownership" attached to it, so the question is frivolous to begin with.  If revoked shares are held by a brokerage, the record of ownership is not obliterated by removing the shares from the brokerage's electronic bookkeeping system, and the brokerage will show the ownership, and removal of the shares, on the last statement on which the holding appears.  Where's the "proof of ownership" of the shares which are not removed from your brokerage account right now?  There is none, other than for the written documents issued by the broker.

I hope the "waite" for the "explination" wasn't too excruciating.