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Microcap & Penny Stocks : XSNI - X-Stream Network -- Ignore unavailable to you. Want to Upgrade?

To: Craig K who wrote (102)	5/8/1999 12:45:00 PM
From: Can Do Stocks 2	Read Replies (2) \| Respond to of 3519

DTC or Cert. shares. (Hot Swap) Almost all shares traded in the US are in the form of electronic shares held by the Depository Trust Corp. The DTC actually owns all shares and lets a person by way of a broker buy and sell them in a sort of shell game. Few people understand what is going on or care. The DTC is a private company that is tied to the Federal Reserve (also a private co.) So to understand it all better, follow this...The money in the US is actually "private" script from a private company, Not from the US government. This "money" transfers between only Fed accts to DTC and back. No other bank or financial corp is allowed by DTC and Fed to trade electronic (book entry) stock shares. The DTC holds "Trillions of dollars worth of shares" the assets of almost all companies. The exception to this is ACTUAL STOCK CERTIFICATES from the company. When you buy a GTD share you are buying an ACTUAL STOCK CERTIFICATE and the seller has (2 days I think?) to have the stock "in hand" not the open shorted stock that trades back and forth most days. And when all the CERT stock is = to the float the party is over. And people with CERT shares get rich. So HOT SWAP is to turn your DTC stock to CERT stock. So,You got it?