[schoen]

> what is a bearer share company?

A bearer instrument is an instrument which states that it is owned/controlled/usable/valid for the benefit of whoever possesses it, and normally doesn't rely on registering that ownership with an authority.

https://en.wikipedia.org/wiki/Bearer_instrument

A bearer share company is a company that doesn't know or register who owns it. If, at a particular moment, you own the physical certificates that connote ownership, you own the company.