Latest $GNS news. Thanks @Malone_Wealth for the guidance - “Buying shares which are then held in ‘Street name’ by your broker and then loaned out without your knowledge is really no different from buying a house which your real estate broker then buys ‘on your behalf’ under his own name with your money and then rents out without your knowledge.” - Kevin Malone SINGAPORE, July 17, 2025 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered, Bitcoin-first education group, is today providing investors with details to enable interested shareholders to direct register their shares with our transfer agent. Further to requests from Genius Group shareholders on options available to reduce the risk of their shares being lent out without their knowledge to third parties for short selling, the Company has worked with its Board Advisor, Kevin Malone, to provide information to its shareholders. Mr. Malone brings experience advising companies and investors on fighting market manipulation, together with over 40 years of family experience in wealth management. Mr. Malone has indicated that in most brokerage agreements, brokers are under no obligation to notify shareholders when they lend out their clients’ shares, and are also under no obligation to pass on any financial benefit from loaning out the shares to the shareholders who own them. In most cases, the shares purchased on behalf of shareholders are purchased in “Street Name”, which means they are not purchased under the name of the shareholder, but under the name of the broker and held on behalf of the shareholder, with the broker fully in control of how and when the shares get lent out. For Company shareholders to prevent this practice from taking place, they can request their broker to transfer their shares via the Direct Registration System (DRS) to the Company’s transfer agent, Vstock, where they can be held in safekeeping by Vstock, under the name of the shareholder, where they cannot be lent out to third parties without the shareholder’s consent. The shares can also be transferred back to the shareholders’ respective brokers via DRS transfer, with the process both ways being simple and fast. Shareholders who choose to DRS transfer their shares can do so by instructing their Broker to transfer their shares under their name to Vstock Transfer via DRS, and the individual shareholder would contact their broker for details on how to facilitate this instruction. For ease of reference, Vstock’s details are: Company Name: Vstock Transfer LLC Website: Webpage on DRS: Contact details: Genius Group will be tracking the number of shares held at Vstock instead of with brokers and will be providing updates on this number as more shareholders choose to transfer their shares to the Company’s transfer agent. As of July 17, 2025, based on Vstock’s data, the Company has approximately 14.8 million shares held at Vstock, accounting for 18.2% of the Company’s shares issued to shareholders, with the remaining 81.8% currently held in broker accounts. Board Advisor, Kevin Malone, said “Buying shares which are then held in ‘Street name’ by your broker and then loaned out without your knowledge is really no different from buying a house which your real estate broker then buys ‘on your behalf’ under his own name with your money and then rents out without your knowledge.” “What you own, you should control. For years, brokerages have gotten away with issuing excessive dollars in IOUs that you see on your computer screen in your accounts. “ “Clients always have the option to DRS shares out of their accounts with my Firm and I am happy to assist them in doing so. As Advisor to Genius Group, I plan on keeping my clients and the public up to date on the progress of the company's DRS numbers.” Full PR -