Zicix Corp (ZICX)

[stervc]

nicpag9 & all, here's the difference...

There is a huge difference between "shorting" and "naked shorting" which is "officially" going on here with BEDA.

You generally can't short penny stocks, but they are naked shorted from time to time. This is not speculation that BEDA has been naked shorted. It is "official" that BEDA has been naked shorted as governed by the market regulatory authorities.

According to FINRA and as of today, BEDA is 69,312,560 shares short (naked shorted) as ”officially” indicated in the link below:
http://regsho.finra.org/FORFshvol20100217.txt

BEDA is still on the Regulation SHO Threshold Security List as indicated below because of having those 69,312,560 shares naked short:
http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold


According to the Buyins.net report, so far, BEDA has been listed on the Reg SHO list for 44 consecutive days and is listed on the “Imminent Buyin” list:
http://www.buyins.net/tools/short_list.php?dys=%3E12
http://www.regsho.com/tools/short_list.php?dys=>12

According to the SEC, the MMs have 35 days to cover as indicated below which means that BEDA is 9 days overdue to be covered:
http://www.nasdaqtrader.com/TraderNews.aspx?id=ra2007-086

Here’s what it means to be naked shorted below (a must listen):
http://www.businessjive.com/

Then listen to this below by Senator Robert F. Bennett:
http://www.cnbc.com/id/15840232?video=652216599&play=1

With the share structure remaining unchanged for such a long time, I think we have no worries. The BEDA Transfer Agent (TA) is ungagged and there has been no dilution for a long while. This will add maximum impact for gains when the buyback and acquisitions are both completed.

A reverse split is not an issue as the company stated that they would not be doing one. Anyone here making an issue of such should consider that BEDA has not repetitively done reverse splits. As like a great many legitimate penny stocks, BEDA has only done one reverse split a long while ago which was well over a year ago. You simply can’t stereotype BEDA for being a repeat offender for doing reverse splits when they have not. I think we are fine.

I think it’s fair to give BEDA more time to simply see if they are going to do what they have publicly stated that they will do to execute their business objectives.

v/r
Sterling