Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?

To: Zakattack who wrote (1195)	3/19/1998 10:31:00 PM
From: dealmakr	Respond to of 5847

Zakattack, Dead on. As a shareholder you have the right to get your shares in certificate form. If your shares are held in street name you do not lose them. YOU OWN THEM. The TA is required to produce those shares for you if you so desire. If he runs out of shares to produce as in more people are calling for certs than are in the float. He tells the MM that he must send in the shares that were borrowed. The MM then has to go into the market or privately and produce. Sometimes they will call the company to issue more shares. I don't expect that they will get a good reception from BANY as they were the ones that tried to bury this company. Cameron Yost has stated in a letter to shareholders the nature of the short attack on BANY(its in the investor pak). Remember He who sells what hisn't. Buys it back or goes to prison. Don't want to rah-rah, but thats the way it is Dave