this post was submitted on 03 Jul 2023
50 points (96.3% liked)

DRS Your GME

1228 readers
2 users here now

ΔΡΣ Central

Community to discuss the DRSGME.org project and resources, and how to spread DRS advocacy and information to GameStop investors around the world.

Have a great idea to spread the word? There are some resources here to get started!

https://www.drsgme.org/free-resources

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
50
Mainstar moving already DRS'd shares to DTCC account (lemmy.whynotdrs.org)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
10 comments fedilink hide all child comments
 

https://www.reddit.com/r/Superstonk/comments/14pl47h/mainstar_moving_drs_shares_to_dtcc_account/

"Any investments currently held in a DRS position will be moved to Mainstar's DTCC account."

So checking Chives' image: https://i.imgur.com/UjKYZfr.png

So it seems next GameStop Form 10-Q may be minus 1,270,566 shares (from 4/21/2023 shareholder list with 667 Mainstar IRA accounts).

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 9 points 1 year ago (1 children)

Worth noting that IRA Financial is probably under-represented in the ledger since they typically transfer a client's shares into the client's LLC.

[–] [email protected] 6 points 1 year ago (1 children)

For sure, they have started offering a FBO service like Mainstar (which had 3 accounts on the ledger), but it's becoming clear that the LLC route is the most secure and gives the most control.

[–] [email protected] 11 points 1 year ago (2 children)

I remember the good old days when if you bought something then you owned it and it was yours.

[–] [email protected] 6 points 1 year ago

Yeah, such a novel fucking concept.

[–] [email protected] 6 points 1 year ago

Ah physical ownership, simpler times. I cannot wait for web 3.0 to bring the same principle to digital assets!