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What is the difference between a shareholder

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sixstringcmkx

Junior Member
What is the name of your state? VA

What is the difference between a shareholder of record and a bonified shareholder as far as having legal shares in a company.

I am being told that a bonified shareholder are cert holders
and those with electronic shares may miss out on a dividend due to naked shorted shares.

Thanks in advance for any response.
 
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seniorjudge

Senior Member
sixstringcmkx said:
What is the name of your state? VA

In general, what is the difference between a shareholder of record and a bonified shareholder?
Tell me where you saw the term "bonified" shareholder.
 

seniorjudge

Senior Member
sixstringcmkx said:
Sorry I modified the thread on you. It was in an 8k. I will dig it up for you.
"Bona fide shareholder of record" means a shareholder of record who has acquired shares in good faith and is acting for a proper purpose reasonably related to his interests as a shareholder.
 

sixstringcmkx

Junior Member
Item 8.01

Mr. Maheu has been selected by the Board of Directors to oversee and facilitate the distribution of the Entourage shares and all other assets. Mr. Maheu has been directed by the sole officer and director of CMKM, Mr. Urban Casavant, to use all means possible, including filing appropriate actions in either Federal or State court, to assure that the bona fide stockholders of CMKM receive a pro rata distribution of the 50 million Entourage shares and any other assets of CMKM.

The whole filing can be viewed here http://tinyurl.com/7awuz
 
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