RE:busyI understand the clearing system pikd the canadian depositor security, euro clear dtcc - stock doesn't cross borders they counterfit through a failure to deliver.
Talking bhsc, if all their buying huge in the us but tony raises (tons stock put but insiders), a market maker on the worst level pinks gets an order and has to naked short even if he likes the company as he is paid for order flow.
International buyers complain they only get a quarter of their order filled, but it pushes the price down as the naked short has to push the price down and create panic to losing money.
US mostly investor companies like bhsc - tusk's problem they give a discount to market and a warrant.
Let's say tusk 7.5 financing five cent warrant. You can get around the four month hold. Anyone sophisticated sells tusk 7.5 profit and gets the warrant for free after a 50% profit taken out of the market.
As a bog shareholder annoying, but management annoying.
Didn't do a pp rather just clean out of the market no hold.
Read the dtcc annual report - $7 b fails to deliver you see securities held long and gamestock listed a failure to deliver fake phantom iou in your account is a failure to deliver.
Thinking to program a dashboard to expose to companies and investors what is happening.
That $7 b counterfeit $700 b as the continuous net settlement system 100 to 1 but actually $7 trillion as pushed down 100 to one three levels clearing houses most stock not traded supply and demand until the company has cash to buy back shares.
It is why $300 m gamestock caused $30 b failures so far - unless you pull your cert normally you bought an iou with no dividend (pil payment in lieu taxed differently) and your vote didn't count.
If you vote a cert you get a vote but if you vote a proxy street form they just shred your votes street form. A proxy is a direction for someone else to vote and they can ignore.
Google cede and company - cede means to give ip ownership - puerto rican partnership private partnership - they have all the rights as they are the actuap owner and you are only a beneficiap owner your own brokerage and three levels of clearing houses them the trust in your country and the next company. I predicted they would hide ig lehman bear stearn who had a landlaro court case you dont own your shares in street fork just a derivative how they do.
Fashboard idea real like robin hood thinking to raise $15 m before ipo.
No prospectus like three months out after getting the development on track.