I have a few questions..
If you're buying through a brokerage firm like ETRADE, Schwab...etc. You have a buy order..
Isn't the responsibility of the brokerage house to make the shares are legit and not counterfeit? I would imagine people would sue the hell out of them if ETRADE bought counterfeit shares for you that were worthless. They would be out of business.
On getting on board with the OTCBB, wouldn't FINRA scrutinize the shares that are outstanding?
If there is 100-200 million shares that are counterfeit, RED FLAGS WOULD BE FLYING.
If your scenario was the case, many people wouldn't buy stocks with any company...Wallstreet would collapse.
This is how I see it.