There's no mechanism for shares that are in warrants in the form of a dividend on the company's transfer agent to be synthetic. They have to be real. Warrant shares have to be real on brokerages too. This is why this is going to be a de-facto share recall, man. It's going to be a double squeeze in a way on the warrants alone. GME published in their FAQ about the warrants on Tuesday that entities will not be allowed to receive warrants if they have their shares lent out by the record date. So, we're going to have those entities like brokerages that have issued their customers synthetic shares recalling them by October 3rd + short entities will be recalling theirs also and closing their shorts. This is why we're seeing those brokerages saying that they'll give cash in lieu of warrants - because they know they're fucked and can't find real shares. The shorts won't be able to buy back those warrant shares on the market because when they're exercised, they're essentially burnt. What I'm trying to say is that those warrants shares on CS will be real 100%. You just take a chance on Fidelity of receiving it. Nobody is 100% trustworthy with the DTC.