DTC instructed brokers this GameStop was a split NOT a dividend! (BIG difference! One splits shares the other receives NEW shares) They didn't have enough shares to distribute! This is HUGE! MASSIVE FRAUD by the regulating agency! MILLIONS of shares are owed to investors on brokers in the US and overseas. This is like your government job paying you in counterfeit bills.
This is the end of the DTC and current stock market system. Blockchain stock system coming soon! Financial revolution! MSM Silent.
The financial arm of the plan is becoming clear!
This is just the tip of the iceberg. For years now, Exchange Traded Funds have "owned" many, many multiples of shares outstanding of the selected indexes. Completely unregulated. If all the shares in all the ETFs were sold, there would be a crash beyond comprehension.
Not only that, but these ETFs purchase all the shares in an index in proportion to those companies relative value to the index. So, a lot of dogs that aren't worth owning are purchased in massive amounts to feed the ETF mania. Just ponder a moment what all these worthless stocks are doing to the inflated overvalue of the indexes, by themselves...
Its a controlled demolition. The house of cards will come down
How will they keep DWAC shareholders from getting pooched?
Well until the blockchain based stock market system get started and dwac moves over there I would suggest for any stocks that you want to actually own in your name you move to computershare.com to directly register them in your name and remove them from your broker's name.
Those shares were "HYPOTHECATED"----BEEN going since the 2008 market crash. Left Merrill-Lynch when they were bought out under BofA!!!!!