Posted On: 02/15/2016 11:34:27 AM
Post# of 11038
Incredible to see that 19th century kind of system in place. Companies are unable to verify the amount of shares they have, much less investors. Even good-faith operation can generate errors.
Wonder why a centralized system is not in place. Something similar to a checking account. Issue shares with amount in numbers and word numbers, have unique folio IDs, approvals, release dates, conversion price, etc. And most of all, be public for everybody to see.
Wonder why a centralized system is not in place. Something similar to a checking account. Issue shares with amount in numbers and word numbers, have unique folio IDs, approvals, release dates, conversion price, etc. And most of all, be public for everybody to see.
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IMHO
Always, always do you own DD. Only invest funds you can afford to lose and trust nobody but yourself.
Always, always do you own DD. Only invest funds you can afford to lose and trust nobody but yourself.
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