Post by KAM on Feb 22, 2006 2:15:22 GMT -5
Greetings Owners Group members,
I am hopeful of giving you an additional update which will include a few more details on the task force’s progress by the end of this week. Until then I wanted to share some raw numbers from the NOBO list received by the task force a month ago. We have also received a new cert list provided by First Global which shows certs issued “and active” on January 13, 2006. Most of you know that ADP Services is provided with information of company stock holdings by the brokerage houses. ADP provides information to corporations from NOBO shareholders (those that do not object to having their information released). ADP also provides summary information from OBO shareholders (those that object to having their information released) but does not give out full names and share positions. ADP did not provide us with current OBO numbers. We are requesting these numbers, and will provide them when we get them.
The shareholder list provided by First Global dated January 13, 2005 is nearly 3,000 pages in length and contains over 17,000 accounts. This cert list shows that 501 billion shares are represented as “active certs”. Cede and Company was reported as having 202 Billion shares plus some change. Our task force records show that a series of certs in the 26,000 # range were issued in early November of 2005. On February 15, 2006 we received several certs in the 62,000 # range which bore issue dates of that same week. First Global reported today that they issued certs in the 67,400 range.
NOBO accounts remaining in brokerage houses in January total 29,263.
A few companies to compare:
Schwab- June of 2005 the NOBO showed 2638 accounts
Jan of 2006 the NOBO showed 2435 accounts
National Investor Services Corp- June of 2005 the NOBO showed 2077 accounts
Jan of 2006 the NOBO showed 2044 accounts
Ameritrade- June of 2005 the NOBO showed 18060 accounts
Jan of 2006 the NOBO showed 9347 accounts
E-trade- June of 2005 the NOBO showed 9569 accounts
Jan 2006 the NOBO showed 6231
I find it interesting that Ameritrade had approx 180 billion shares in the NOBO in June of 2005, and 18000 accounts . The January 2006 NOBO shows Ameritrade with only 36 billion shares with 9,347 accounts still listed. Ameritrade now shows up on the cert list as having 101 billion in cert form in January of 2006 as well. This cert is included in the 501 billion figure mentioned above.
We are conducting a very extensive search of foreign securities and reporting companies that do not report to the DTCC or that are not reflected in our NOBO reports. The result of our work so far is very interesting.
The task force was asked by the NASD to remove the NASD link from the task force website. We have posted this letter for your information. Click on documents at www.cmkxownersgroup.com . We have removed the link and all references to the NASD from the site.
I am working with Mr. Stoecklein on a press release which will provide more detail on the efforts being undertaken to notify all shareholders.
Onward!
Bill
I am hopeful of giving you an additional update which will include a few more details on the task force’s progress by the end of this week. Until then I wanted to share some raw numbers from the NOBO list received by the task force a month ago. We have also received a new cert list provided by First Global which shows certs issued “and active” on January 13, 2006. Most of you know that ADP Services is provided with information of company stock holdings by the brokerage houses. ADP provides information to corporations from NOBO shareholders (those that do not object to having their information released). ADP also provides summary information from OBO shareholders (those that object to having their information released) but does not give out full names and share positions. ADP did not provide us with current OBO numbers. We are requesting these numbers, and will provide them when we get them.
The shareholder list provided by First Global dated January 13, 2005 is nearly 3,000 pages in length and contains over 17,000 accounts. This cert list shows that 501 billion shares are represented as “active certs”. Cede and Company was reported as having 202 Billion shares plus some change. Our task force records show that a series of certs in the 26,000 # range were issued in early November of 2005. On February 15, 2006 we received several certs in the 62,000 # range which bore issue dates of that same week. First Global reported today that they issued certs in the 67,400 range.
NOBO accounts remaining in brokerage houses in January total 29,263.
A few companies to compare:
Schwab- June of 2005 the NOBO showed 2638 accounts
Jan of 2006 the NOBO showed 2435 accounts
National Investor Services Corp- June of 2005 the NOBO showed 2077 accounts
Jan of 2006 the NOBO showed 2044 accounts
Ameritrade- June of 2005 the NOBO showed 18060 accounts
Jan of 2006 the NOBO showed 9347 accounts
E-trade- June of 2005 the NOBO showed 9569 accounts
Jan 2006 the NOBO showed 6231
I find it interesting that Ameritrade had approx 180 billion shares in the NOBO in June of 2005, and 18000 accounts . The January 2006 NOBO shows Ameritrade with only 36 billion shares with 9,347 accounts still listed. Ameritrade now shows up on the cert list as having 101 billion in cert form in January of 2006 as well. This cert is included in the 501 billion figure mentioned above.
We are conducting a very extensive search of foreign securities and reporting companies that do not report to the DTCC or that are not reflected in our NOBO reports. The result of our work so far is very interesting.
The task force was asked by the NASD to remove the NASD link from the task force website. We have posted this letter for your information. Click on documents at www.cmkxownersgroup.com . We have removed the link and all references to the NASD from the site.
I am working with Mr. Stoecklein on a press release which will provide more detail on the efforts being undertaken to notify all shareholders.
Onward!
Bill
