Pulse Beverage Corp. (fka PLSB)

[mightymoe]

Counting on them Shorts daily info: July 14th

Regulation SHO[edit]
The SEC enacted Regulation SHO in January 2005 to target abusive naked short selling by reducing failure to deliver securities, and by limiting the time in which a broker can permit failures to deliver.[28] In addressing the first, it stated that a broker or dealer may not accept a short sale order without having first borrowed or identified the stock being sold.[29] The rule had the following exemptions:

Broker or dealer accepting a short sale order from another registered broker or dealer
Bona fide market making
Broker-dealer effecting a sale on behalf of a customer that is deemed to own the security pursuant to Rule 200[30] through no fault of the customer or the broker-dealer.[29]
To reduce the duration for which fails to deliver are permitted to sit open, the regulation requires broker-dealers to close out open fail-to-deliver positions in threshold securities that have persisted for 13 consecutive settlement days.[28] The SEC, in describing Regulation SHO, stated that failures to deliver shares that persist for an extended period of time "may result in large delivery obligations where stock settlement occurs."[28]

Regulation SHO also created the "Threshold Security List", which reported any stock where more than 0.5% of a company's total outstanding shares failed delivery for five consecutive days.
https://en.wikipedia.org/wiki/Naked_short_selling

Just HIGHLIGHTED the info to help imagine how many outstanding and in NEED to cover SHORTS we deal with here in PLSBland


Raised FLAGS in JUNE, and JULY.. and most likely both DEFAULT.. considering the low volume and some flipping positions that are adding to the vol pattern as well = lots on miles to cover..;)




Price history and volume chart PLSB on OS 252mils per last filing