Category: management

Paper Stock Certificates Disappearing From the Market

Category:business services | graphics and multimedia | management

Dematerialization itself is when paper stock certificates are no longer being issued. Paper stocks were initially important was because the investor wanted to have a piece of paper in their name, not the broker’s. Today, the ability to record this information electronically and in a timely and secure manner creates efficiency and avoids the high cost to the issuing company of paper certificates.

This cost of issuing paper certificates continues to rise. To go through a broker, not only must the trading price of the stock be paid, but the broker’s commission fee and the stock issuance fee (which can go as high as $100 per certificate) are also charged. You can see how the age of computers has definitely affected how stock certificates are issued. Certificates are decreasingly beautifully printed and engraved physical documents. They are often reduced to bytes and bits.

On the other hand, the computerization of stock ownership records eliminates the necessity of physically moving the certificates around. This computerization has reduced the opportunity for fraud (nefarious individuals would gain access to no longer valid certificates and present them as proof of ownership in the issuing company). In the past, when a stock or bond certificate was redeemed, cancelled or transferred, the piece of paper itself had to go through a transfer agent where the accounting transactions were made and the certificate itself was changed to indicate the action. After that, the SEC required that the certificates themselves by retained for a minimum of six years. This process created a huge amount of paper that had to be safeguarded.

There are a few instances of canceled certificates, scheduled to be destroyed, disappearing and then reappearing in the market place, represented as current or active. The practice of using small perforations has been a contributing factor in this situation since these perforations can be mistaken for the marks made by a notary or other seal. Additionally, the records of the transactions were often stored with the certificates themselves. In the case of theft, not only were the certificates taken, but the records which could have utilized to determine the status of the certificates, were also gone. When these cancelled certificates come into the marketplace, there is substantial opportunity for fraud.

What about collectors and their certificates? First of all, of this means that as time goes on, fewer certificates will not be coming into the marketplace because fewer are being issued and the remaining ones will be destroyed once they are no longer valid.

Secondly, the decreasing supply of new certificates for collecting will mean one of two things: either fewer people will collect them because they don’t run across them as often, or, their rarity will increase their desirability as collectibles. Fortunately for those who love collecting antique stock certificates, the latter seems to be the case so far.

Make Money Online in Recession

Category:management | telecommunication | Uncategorized | women health

If this was not true, there would be no need for website businesses. They would not exist.

To make money online requires some effort. If you don’t know it by now – it is one of the possible reasons you are still not making any.

You can build your income on internet. There are few reputable offers online. Till you find out which one is honouring its promises you will be short of many hundreds or thousands of dollars.

I was lucky the second time. The site I will mention to you is worth it. I’m not selling you anything. This is free information I want to share with you.

Why? One of the rewards is that I get is a higher number of visitors to my site. In return you will make money online. Also, if you make a good choice at the beginning it will eliminate you paying businesses which might do not deserve it.

I do not like dishonesty. By guiding you to a genuine source you will avoid losing your money to the wrong crowd.

I will tell you an example of something that happened last week to a friend of mine. It maybe sounds very familiar… So let’s see…

On top of every day’s difficulties has currently all the ‘crap’ a person can encounter. Downturn in business, divorce in progress…, you name it.
Needless to say money is a problem and credit cards are at the limits… (Bank is laughing).

Once you have a problem it seems it loves to attract more of it.

OK, here we go.

He was about to make a payment with his credit card when he noticed there was an internet charge for US $ 400!

A year ago he had subscribed to a course for US$ 800 about internet marketing and paid a fee with his credit card.

As he was not able to get a good support – actually no support at all, (either not available; or; due to time zone difference very inconvenient), he decided he would not renew the following year.

$ 800 was non refundable. So he accepted he had lost that money (sounds familiar?). So much about making money online.

To his amazement they charged his card without his approval or request – a renewal fee for the following year. When he complained to them (phone call from Australia to USA) he was told there was a $ 200 cancellation fee anyway, if he decided to cancel.

Now remember, there was no cancellation required. He did not subscribe to continue the course the following year.

This is one of the many examples you can keep investing your money over and over again.
Instead of making money online you make sure others will get yours.

Now is it an honest way of doing business?

Many businesses are desperate in today’s economy. You don’t want this to happen to you.
There is nothing worse than someone taking your money when you are in greatest need.
(By the way he lodged in a claim with his bank to reverse this payment)