I wonder if, in the event that audited filings happen in our lifetimes, the books will show heavy use of the share printer. Sure hope they're keeping it well lubricated and adjusted. Seems Mr Judd and the judge were interested in the paper situation as well;
"25 Q. So you have, what, all sorts of certificates spread out all
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1 over the country or the world? 2 A. Do you -- can you imagine how many shares in IBM are traded 3 every day? Can you -- how many -- you know, certificates -- 4 THE COURT: Listen to the question, please, and 5 respond to the question. 6 BY MR. JUDD: 7 Q. You knew this was issued. 8 A. No. We don't know it's issued. We knew it was issued -- 9 when we get a transaction report. 10 Q. So you give shares of Amazon to all sorts of people signed. 11 A. No, no, no, no, no, no, no. A transfer agent holds all the 12 certificates. Every transfer agent in this country holds 13 facsimile signature certificates, blank."
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"can you imagine how many shares" - a little fantasising here, perhaps? -g-
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