The only shares that have any liquidity are on Havelock
.. and to expand further, only AM1 shares... because all the AM100's are technically owned by Havelock (as AM1's) and divided up further...
If nobody can transfer anything officially to/from buyer/seller, then technically, nobody with AM100 shares owns anything but Havelock's good will.
(No offense to Havelock or any insinuations of ill intent, just expanding on an ownership issue)