"Eliminating shorts is a procedure done through FI
Post# of 11035
Quote:
"Eliminating shorts is a procedure done through FINRA. No judge or TA can do it. "
I didnt say anything about eliminating shorts,,,,and I for damn sure didnt say Finra coud be trusted in doing a legitimate share count when all they do is protect there own members. The former TA is Signature Stock Transfer which is also is no longer a DTC participant.
Which means electronic shares can not be accurately counted via a TA if a FEDERAL JUDGE wants to "LOCATE" where and how DUE BILLS or any other association with CRGP shares of stock that is in question.
Ref
http://www.dtcc.com/globals/pdfs/2014/july/17/1409-14.aspx
"A stock transfer agent or share registry is a company, usually a third party unrelated to stock transactions, which cancels the name and certificate of the shareholder who sold the shares of stock, and substitutes the new owner's name on the official master shareholder listing."
That leaves a "share registry of certificate ownership" of a "registered company" in question....Who holds the registry of real shareholders? The company and a broker. The broker has a vault that holds certificates. Those certificates are in STREET NAME)
The NOBO and OBO list can only be identified thu legal pressure at this point. Again..."the Company" will not make itself known to produce or request this evidence.
Well, since the company can not be contacted nor will identify itself during its current litigation....then that only leaves the DTC via CEDE & Co as the only legitimate and possible custodian of real CRGP certificates.
The Due Bills can only be tracked via CUSIP (electronic and paper stock certificates)
Quote:
Due Bills = A financial instrument used to document and identify a stock seller's obligation to deliver a pending dividend to the stock's buyer. A due bill is also used when the stock's buyer is obligated to deliver a pending dividend to the stock's seller. Due bills function as promissory notes and resolve the problem of ensuring that the correct owner receives a stock's dividend when the stock is traded near its ex-dividend date. Due bills can be used in a similar fashion when a company issues rights, warrants or stock splits.
CUSIP = An identification number assigned to all stocks and registered bonds.
....which in this case if a merger were to take place....and/or a privatization were to occur....a counting of real certificates would be required to know who owns REAL Certificates because due bills do not specify if shares were in Street Name Certs via a "broker or a bank, ect" or Paper Certificates via the company (CRGP).
Quote:
the Company intends to treat stockholders holding the Common Stock in "street name," through a bank, broker or other nominee, in the same manner as registered stockholders whose shares are registered in their names.
The only possible way to get an accurate counting of CERTIFICATES is to pull all them and find who owns them in order to understand how DUE Bills were even allowed to be placed in the first place.
Another thing to keep in mind is how does a company register itself in the US market with Canadian origin and then de-registers itself under a new name (thru corporate actions) with Finra's approval and still be allowed to trade in the OTC without regulation. It just screams opportunity for fraud.
Federal Record of Origin:
eXmailit.com was incorporated in the State of Nevada on April 6, 2000 to engage in the business of providing Internet-based email- to-mail printing and delivery services.
http://www.otcmarkets.com/edgar/GetFilingHtml...ID=1950130
State of Incorporation = Nevada (Default) not REVOKED
http://nvsos.gov/sosentitysearch/CorpDetails....&nt7=0
Federal Record of Termination of Registration:
http://www.otcmarkets.com/edgar/GetFilingHtml...ID=6620306
CUSIP = 130 88P102
CIK = 0001132810
A Central Index Key or CIK number is a number given to an individual or company by the United States Securities and Exchange Commission. The number is used to identify the filings of a company, person, or entity in several online databases, including EDGAR.
How does a non SEC registered and defaulted Nevada company (CERTIFICATES) rectify itself thru a MERGER publicly or privately in its current legal situation?
It has to identify what is REAL...and the only legal way to do that is thru a FEDERAL JUDGE. If CERTIFICATES are RETIRED...then that would mean a CORPORATE ACTION took place.....which if PUBLIC....means that FINRA was involved......if PRIVATE....then FINRA is irrelevant.
A Federal Judge is the only person who force a share count of the Fraud or possible Hijacking thru Bank accounts that include foreign associations (Lenders: Nobilis, Beaufort and Macallan) so "the Company" (CRGP or legal custodian who I believe is CEDE and CO)
If I am correct than that means with NO TA involved and Certificates properly identified in a court of law....The State of Nevada can request or ensure a defaulted entitiy (CRGP) to be revoked due to non representation, hijacking, or thru a request via owner of "the Company"
If Revoked then all shares will have to be counted for anyway
If Merger takes place, privately or publicly....all shares have to be counted.
Whether Finra participates or not makes no difference imo!
So we wait for Due Bill resolution....and then the real fun begins.
$CRGP
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If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”
https://www.bloomberg.com/opinion/articles/20...ify%20wall
https://www.scotusblog.com/case-files/cases/m...v-manning/