ShotPak, a developer of innovative packaging and designs for the alcohol beverage industry, has ordered and is reviewing a current NOBO list from ADP Investor Communications.
Shotpak has also ordered DTC reports for further assessment. Both lists will be utilized to reveal possible short positions.
“Maintaining our shareholders’ rights and enhancing shareholder value are our main goals. We believe that a NOBO list may provide a clue to the recent peculiarities in Shotpak’s stock price movements,” stated CEO Ignus Hattingh.
The NOBO listing, which stands for Non Objecting Beneficial Owners, allows the company to identity a portion of its beneficial shareholders who maintain their ownership through a brokerage and who have instructed their broker that they do not object to the disclosure of certain ownership information. The NOBO list shows a more complete corporate ownership profile than is available from the transfer agent alone.
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