many of you have been asking me about computer share or direct registering
your amc or gme shares and this video are the ins and outs of computer share and direct registering
so pretty much everything that you want to know should be in this video if not you can leave
a comment leave your questions and remember this isn't financial advice i'm not a financial advisor
so do your own research and fact check everything so as you can see here is the insider report and
let's get right into it what is computer share computer share is an australian based transfer
company with offices in 20 countries they are over 40 years old and are the official transfer agent
for not only gamestop but large corporations such as mcdonald's johnson and johnson coca-cola and at
t even though they offer some broker-like services it is important to note that they are not a broker
they do however have 12 000 employees dedicated solely to keeping accurate records for their
75 million customers in 2003 computer share acquired the brokerage georgeson shareholder
corporation which gives you the ability to purchase or sell shares directly through them
they were not built to buy the dip or day trade which is why those of us
used to app based commission free modern trading unreasonably judged their platform as archaic what
they were built to do is slowly and repeatedly invest in a company and the irony that we have
slept on this for so long is tragic you can't purchase a specific amount of shares with them
you can however choose a dollar amount to make as a one-time or recurring investment when you really
think about it this awkward process seems to be almost perfectly built for most apes that are just
buying more shares every paycheck unfortunately we have become so accustomed to following every
price movement of the ticker and buying the dip we forgot one of the most important principles it's
all a dip in fact if you go off the average share price every two weeks from march till september
and i purchase shares automatically through this program and this is of last year your cost basis
would be close to 190 110. if you had done better than that you should give yourself a solid pat on
the back but really what's a few dollars in a trade of this magnitude so here's the chart
of dollar cost averaging gme dtc stock withdrawal what began as a place to hold your infinity pool
shares or a way to get the best odds possible to collect the hypothetical nft dividend is quickly
evolving into potentially the best place to hold the majority of your amc gme shares
it took a while for all of this information to make its way through the community but once
apes started actually transferring their shares to computer share we were greeted
with a glorious sentence in our transaction history there's been a lot of fun spread about cs
on this when you direct register your shares they are indeed withdrawn from the dtc and controlled
by seating company i made a video about this link in the upper right corner you are now not just
the beneficial owner but the registered owner of these shares as explained in this graphic
so here we have the authorized stock issued by the company here is the outstanding shares
here are the registered ownership shares if you drs or hold it in your name and here are
the shareholders so as of march of this year there are about 9 million drs gme apes okay and then now
we have the beneficially beneficially owned shares so any shares owned or purchased through a broker
and here are the actual owners c and company dtc two windows here here being the drs and here being
the dtc window so this is the basic structure of that so again nine million gme as of march
amc is much much lower i don't know what the actual number is so that's why i'm making
this video to provide that option with information because a lot of people are are skeptical hesitant
or scared you know they hear a lot of rumors a lot of fun so that's exactly what this report
is going to address so moving on this feels like an appropriate time to bring up one of the most
aggravating pieces of info i recently learned it's literally illegal for companies to talk
about or promote direct registration of shares this is justified of course by the dtcc arguing
that if stock issuers were made aware of drs then they would have no reason to exist why on earth
wouldn't we want an entirely private corporation with a monopoly on almost every stock transaction
one that makes money by charging fees for the privilege of using their unnecessary company
dictating policy there couldn't possibly be a conflict of interest there right are you mad yet
dtc states that issuers do not have continuing ownership rights and shares they have sold into
the marketplace and therefore cannot control the disposition of shares already registered
in dtc's nominee name by directing that those shares be surrendered to the transfer agent or
by restricting their eligibility for book entry transfer at dtc dtc contends that attempts by
issuers to control their publicly traded securities are improper and may constitute
conversion dtc states that by purporting to exercise the rights of the shareholders issuers
are interfering with the legal and beneficial rights of dtc and its participants with respect
to securities deposited at dtc and with dtc's obligations under section 17a of the act they even
go on to basically admit that they aren't required to do anything to curb naked short selling and the
best way to take care of of it is for investors to direct register their shares quote unquote dtc
disagreed with the commenters contention that had had an obligation to take action to resolve the
issues associated with naked short selling because those issues arise in the context of trading and
not in the book entry transfer of securities dtc pointed out that if beneficial owners believe that
their interests are best protected by not having their shares subject to book entry transfer at dtc
then they can instruct their broker dealer to execute a withdrawal by transfer which will
remove the securities from dtc and transfer them to the shareholders in certificated form
we have become well aware that price discovery is not properly reflected in lit markets
we know the reported float is incorrect the worst part is we are far from the first investors to
face this seemingly insurmountable problem have a quick look at a few select quotes from a comment
to the sec over 15 years ago there's a link we are of the opinion that the rampant naked short
selling of stocks and the associated epidemic of failures of good delivery and loans made
to mask failures to deliver that we are currently experiencing threatens the very core and integrity
of our financial system i made a video about jim decosta's letter i'll link that in the upper right
corner those of you who watched it are familiar and again the link is in the actual report naive
investors assume that the sec has created a level playing field on these trading venues they assume
that the regulators are professionals that they know every dirty trick in the fraudsters playbook
and could recognize a fraud while it is being perpetrated these investors really think that they
are buying real shares from a real shareholder perhaps across the country with a market maker
acting as the middleman investors also do not have a clue that their own broker dealer who
owes the investor a fiduciary duty of care after being paid a commission as an agent is renting out
their purchase shares to the mortal enemy of the client's investment the investor has been sold out
by his own brokerage firm there isn't even any sharing of the rental income from the loan the
naive investor does not realize that there would be consequences for his brokerage firm if it were
to break ranks and do the right thing the wall street community and various cult conspirators
have made this issue into a wall street versus investors battle those of my subscribers and
followers viewers already know all of this i've made several videos alluding to these facts
now why direct registering your shares is important we now know what we are up against
and who computer share is let's put it together first we need to identify a very important
distinction between street name registration and direct registration according to the sec
here's a link again in the report digital copy which is available i'll tell you about that at
the end of the video street name registration the security is registered in the name of your
brokerage firm on the issuer's books and your brokerage firm holds the security for you in
book entry form direct registration the security is registered in your name on the issuer's books
and either the company or its transfer agent holds the security for you in book
entry form whenever you purchase a share with any broker whether it's robinhood or vanguard
you don't really own them and can't 100 control their lending status i'm not trying to spread fud
about brokers they're necessary evil and some are certainly much more trustworthy than others but
at the end of the day they are not your friends they are playing with both sides of this trade
there is a massive financial incentive for them to lend your shares to short sellers
and historically speaking they have done everything in their legal authority to lend them
registering your shares in your name and having them held on the books of amc gamestop is the only
guaranteed way to prevent this from happening it's also important to recognize that if you believe
gamestop will be issuing an nft dividend even trustworthy brokers like fidelity have stated they
cannot guarantee delivery here is their official statement on it fidelity's platform currently
does not support holding cryptocurrencies or receiving dividends in the form of crypto
if a company issues a dividend in the form of crypto then other arrangements would need to
be made in order to receive the dividend in the past special dividends have been paid as stock
representing value held in crypto or nfts and not a direct issue of crypto or nfts from that same
sec page direct registration allows you to have your security registered in your name on the books
of the issuer without the need for a physical certificate to serve as evidence of your ownership
while you will not receive a certificate you will receive a statement of ownership and periodic
account statements dividends annual reports proxies and other mailings directly from the
issuer what now and what's an exit strategy very frequently asked question i heard it takes a long
time to liquidate when you want to sell et cetera et cetera we're going to address that now there's
a lot of information in this report and can seem overwhelming i know it's available for download
on my patreon page if you'd like a digital copy so you can reference it from time to time
and i'm willing to answer any questions for those of you who join so make sure you do that there'll
be a link to the patreon in the description box and keep in mind i issue these comprehensive
extensive insider reports on a weekly basis on the patreon page ranging from a wide range of
topics from amc to gme to other highly shorted stocks or other informational reports as well
so this is just one example so again the link is in the description for those of you interested
before we wrap this up the final piece of the puzzle is what it looks like to sell with computer
share we all know that account creation and buying shares is a convoluted confusing and slow process
this is just because most people that would use a system like cs don't need it to be simple or fast
cs batches buy orders together and does not execute them immediately remember most stocks are
nowhere near as volatile as amc gme and waiting a few days to execute a purchase order is not a big
deal as i stated earlier in the report the good news is that there is indeed a light at the end
of the tunnel selling through cs is extremely easy and fast i have committed the ultimate sin in the
name of science and for the first time since this all began and the only time i sold a share so you
don't have to so i did this to show you exactly what it's like to sell and the cost associated
and how long it will take to literally explode and destroy the flood surrounding this topic so
please forgive me it was for the greater good so yes there are fees associated with selling
we are so used to commission free trading we've forgotten that if the commission is free then
you are the product or nothing in life is free as we say on the street it's a little annoying
to see these fees but when the share price looks like a phone number i don't think it'll bother you
will it when i placed the sell order i instantly got a text confirmation so while buying takes
longer than we would prefer selling takes no time at all and that's kind of the moral of this report
or the moral of the story here are the fees feel free to pause and analyze this is for one share
and these are the actual fees and the breakdown self-explanatory i don't have to read this
moving on it's also important to keep in mind you do not need to and others have presented a case
for why you should not sell through computer share if computer share does indeed prevent
new drs once the float has been registered you would be selling real shares to your mortal enemy
we haven't verified this yet but it's certainly worth considering if you choose to transfer some
or the majority of your shares to cs you should absolutely be selling the shares you have left in
your brokerage first during the moaz just a point uh of note the ratio of distribution is entirely
up to you some apes are doing 10 in cs and some are doing 99 in cs some can't transfer any shares
to cs because of their brokerage's insane fees or logistical limitations i understand that some
just trust the age-old buy and hotel and don't want to explore buy register and hotel so again
don't judge anyone for what they do i'm not telling you what to do i'm not telling you
what i do do what's best for you it's your money everything's within your rights i'm just providing
you the information again not financial advice remember everyone here is making
their own financial decisions based on their own research as i just said calling someone a shill
because they haven't transferred to cs or haven't transferred as much as you is toxic and you should
be ashamed of yourself if you believe cs is the way provide data to change hearts and minds
in the comments don't shame people personally i've bought shares in cs and done two transfers
one using the form from fidelity and one using the phone call system i can verify that both work the
form was a pain and the transfer took five days the phone call was a breeze and the transfer took
four days no matter which broker you use when you initiate your transfer make sure to get a
confirmation number that is logged in their system just in case there are any issues this will allow
you to call back and quickly get an update instead of starting all over final thoughts at the end of
the day i am providing data that leads you to do your own research and to come to your own
conclusions in my opinion you absolutely should be diversifying your holdings across multiple
brokers we're in uncharted territory there's never been and probably never will be another situation
like amc and gme many have come before us and failed we know naked shorting synthetics and all
of these things have been going on for decades as i've said many times in my videos that said
never has there been such a dedicated motivated and powerful group of shareholders like us
our collective intelligence is a force to be reckoned with i'm so incredibly proud to be a
part of this community and constantly in awe of all of you as you can see in a nutshell it may
take a little bit of time to buy your shares or transfer your shares to computer share
but again we see what's going on and it's pretty much you know dollar cost averaging at this point
as i showed you earlier in the report and as far as selling it does not take long like a lot of
people have said and i showed you that and i've done it myself as an experiment i sold one share
so again if you have any questions leave it in the comments like the video share it
subscribe it turn on your notifications the more people register their shares i think it can help
the mo moes again this report is available in its digital form on my patreon page along with weekly
insider reports if you're interested make sure to leave a super thanks it's next to the like button
if you do appreciate the content obviously these videos and the research takes a lot of time
thanks again for watching and i'll talk to you guys on the next one