And it is possible to have direct shares transformed into PT shares, right? And individuals do that legitimately all the time?
he needs the PT party to set the transfer into the market. You can only do a transfer to BTCT with both FC and burnside. just FC will only give free shares to burnside. Burnside then transfers them to the owner in the PT.
I imagine it is similar on the other exchanges.
I think burnside would notice 40K extra shares in his account all of a sudden.
I thought that Friedcat was the one who keeps track of the direct shares, and his inventory of those shares is not audited. Is that correct?
it may not be audited, but public lists are kept and distributed.