Replies to post #188874 on Plastic2Oil Inc (PTOI)

[Krazy K]

Certificates are deposited into a brokerage account and turn into free floating shares.

That has nothing to do with failure to deliver as the transfer agents job is to fulfill this obligation

[Scandle34]

could be short against the shares (hedged), which is legal if they are past the restriction date. There are other ways, including simply the shares being "sold" to DTC when deposited and DTC not receiving the legend-free street cert.