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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: Spider Valdez who wrote (12829)	11/21/1998 11:10:00 AM
From: Janice Shell	Read Replies (1) \| Respond to of 26163

but janice dear you tell us dtc is just like bank. No, actually I never did say that. But guess who did: 24 A. The DTC, the Depositary Trust Company, is a bank such as 25 Bank of America or US Bank that holds money in a stock in a ASSOCIATED REPORTERS OF NEVADA (702) 382-8778 19 SYLVER - DIRECT 1 central pool or a vault, certificates, and keeps a ledger 2 record of what companies have different stock, IBM, or 3 whatever, Amazon, or American airlines. And they're 4 basically -- they're the custodian, so they would transfer 5 stock from one person to another. 6 THE COURT: Is it in the nature of a transfer agent, 7 is it? 8 THE WITNESS: No. No. 9 THE COURT: It's different? 10 THE WITNESS: It's a nature of a bank. 11 THE COURT: I see. 12 THE WITNESS: Just basically a bank.