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Robert Smith posts the following offer using Thinkstream Exchange screen:
Mary Jones, a registered user looks at the Thinkstream Exchange Open Offers
and sees Robert’s offer. Mary emails Robert and agrees to sell 10,000
shares at $5.50.
Mary endorses her Thinkstream stock certificate to Robert using the
Thinkstream LOI form [hyperlink] and mails the certificate and the completed
LOI to Robert.
Once Robert receives the certificate, he mails a check to Mary. Robert then
forwards the stock certificate and the completed LOI to Thinkstream.
Thinkstream confirms that Mary received payment and then issues a new
certificate representing the 10,000 shares to Robert.
Thinkstream then adds the completed sale information to close the offer
in Thinkstream Exchange so that all visitors to the site can see the number
of shares sold and the price.
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