π― Role & Responsibilities
Q: What is Empire Stock Transfer's role in the OTC Meme ecosystem?
A:Β Empire Stock Transfer serves as theΒ SEC-registered custodianΒ for all Series "M" shares:
π‘οΈ Our Responsibilities:
Q: Is Empire Stock Transfer affiliated with OTC Meme Corp?
A:Β No, we're independent entities.
- ποΈΒ Empire: Regulated, SEC-registered transfer agent
- π€Β Relationship: Arms-length commercial agreements
- βοΈΒ Independence: Separate regulatory oversight
- πΒ Transparency: No conflicts of interest
π Custody & Security
Q: How are the Series "M" shares held?
// Custody account specifications
interface CustodyAccount {
// Account naming π
naming: "OTC Meme - [SYMBOL] Series 'M' Reserve";
// Security features π‘οΈ
security: {
segregation: "Completely separate from company accounts",
restrictions: "No trading allowed",
permanentLock: "Except for token holder redemptions",
additionalLegends: "Extra restrictive markings"
};
// Access controls π«
access: {
companyAccess: false,
tradingEnabled: false,
withdrawalRights: "Token holders only",
modification: "Permanently prohibited"
};
}
Q: Can companies ever access their deposited shares?
A:Β Absolutely not.Β Empire Stock Transfer willΒ automatically rejectΒ any company attempts to:
π Multiple safeguards ensure permanent lockup.
π Verification & Oracle System
Q: How does the verification system work?
A:Β OurΒ Reserve Oracle system provides real-time verification:
π Process:
- πΎ Database confirms exact share count (1,000,000,000)
- π Encrypted API sends cryptographic proof
- π€ Smart contracts verify 1:1 ratio
- ποΈ Continuous monitoring ensures compliance
Q: What information does Empire share with the platform?
A:Β Only essential verification data:
- β Confirmation of share deposit
- π Current share count
- π Series type verification
- π Conversion ratio status
- β οΈ Trigger event monitoring
- π Confidential company information
- π° Financial details
- π₯ Shareholder lists
- π Private corporate records