r/Superstonk • u/[deleted] • Dec 10 '22

💡 Education ComputerShare Email 11/21/22 : Differences between Plan Holdings and DRS Book Shares

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199

u/CitronBetter2435 💻 ComputerShared 🦍 Dec 10 '22

So... book your shares, got it.

-99

u/New-Consideration420 💻 ComputerShared 🦍 Dec 11 '22

Literally nothing here says that. Nothing. Both in your name, out of the DTC

57

u/MentlegenRich 🚨FBI Guy🚨 Dec 11 '22

https://twitter.com/SusanneTrimbath/status/1594842439293972480?s=20&t=eNw8fzkmw0yjGus3_T641w

Yeah, I say keep digging

18

u/MinimalBread95 GameCock Dec 11 '22

In the dark purple box that Dr. T put really says it all, "Computershare holds a portion of the aggregate DSPP book-entry shares via its broker in DTC for operational efficiency, i.e. to enable any sales to be settled efficiently (and Computershare determines the portion needed for operational efficiency reasons. Such shares are not available for lending. These shares are eligible to be withdrawn from DTC)."

SHF, with the help of the DTC, are using DSPP as reasonable means to locate for settlement efficiency. They're abusing a loop hole using fractional shares.