OK, the company brain trust and the TA get together and file with the NASD so that.....first they reverse split everybody out of existence except themselves and their 11 shares....
second they forward split 3 million to one so that they'll have 33 million in their pockets on 13th or the 16th of May so that they can take advantage of that great PR on the 17th and they get EFGI to start selling from the open, no doubt thinking that they have brilliantly screwed the former shareholders and are now putting it to those who have climbed on the bandwagon for this new "media empire" stock per their awesome PR tuesday morning........problem is that both they and the TA (with it's 44 years of experience and currently maintaining the records for 1100 companies!) signed off on the wrong date with the NASD so they still only have 11 shares........doing among other things, breaching the warranty that the securities are genuine (imo)....the brokers take the word of the TA, again IMO, breaching the fiduciary responsibility to their clients that the shares exist and are tradeable..........all JMHO of course :)
Tweety
"Avoid dominant paradigms - you'll spend your life living in someone else's reality" - €vilTw€€ty
