Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
This is nonsense. It takes just as much work to transfer 1 share as it takes to transfer 10, 20, 100, 1,000 or 10,000 shares.
Buying/selling a share in a passtrough doesn't cost friedcat a second, and transfering direct shares does 
There are only 430 shareholders at last count, it might become more tedious if there were thousands of shareholders, but even if there were 400,000 holders of 1 share a modern spreadsheet can handle it.
This is not about the maximum size of a spreadsheet, it's about friedcat who can use his time better for deploying rigs & selling hardware instead of transferring shares all day
Does he actually do all the transfers himself? He could have an assistant checking his PMs and doing all transfer requests for him.