Report possible fraud to the SEC here: Office of Whistleblower, 202-551-4790
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So the answer is NO. Got it!
Nonsense, you talk this hedgie stuff all day, everyday, it’s just silly and no one has every proved it to be factual regarding KEGS - yet the conversation is hogged by this topic for some reason. It’s not “ducking” when I tell you air shares is merely a term that conspiracy theorists throw about. I am NOT one, I don’t believe any of it.
Please stop trying to redirect what I asked, into your hedge fund story. I’m not going to hash it over for the umpternth time. The meme stock traders who came in around 2019 to 2021, they want to believe the financial world began when they discovered naked shorting. Some joined iHub a year or 2 ago, unfortunately they rarely provide links to the regulators for proof of their claims. They don't know about the huge CMKX cert pull, many have never even heard of Reg SHO, AND they don’t understand the difference between short volume and short interest. I’ve had people confess that as they’re falsely claimed Kegs is massively shorted.
As far as a mistake, that would be trading anything Thomas Scozzafava is involved with.
FYI, Boscolives21, I don’t do conspiracy theories. If that’s what you want to discuss, please pick someone else to chat with. I don’t assume that unseen threats are lurking everywhere, that aliens built the pyramids, that certain groups always have bad intent. I’m just not interested.
Not silly at all, boscolives21. Yet your answer is utterly nonexistent.
1. Can you show me a regulatory document describing the term "cellar boxing"??
2. Can you provide a regulatory document plus a regulatory doc discussing "cellar boxing"?
Without these little items, it’s just more fictitious conspiracy theory nonsense. Claiming hedge funds and cellar boxing, yet NOT being able to prove either with REGULATORY documents is a PITA.
CMKM tried the same CONjob , is KEGS following in their path?
No, you have NOT answered several times.
Boscolives21, Do you have anything from a regulator? I’ve yet to see anything presented except the baseless claim of Hedgies, Hedgies, Hedgies again and again.
1. It’s Not been documented that naked shorting occurs on KEGS
2. I’ve asked, you’ve never proved it.
If you have proof from the regulators that naked shorting is occurring on KEGS, then post it. Otherwise, it’s merely an opinion, one I strongly disagree with.
Amazing how fake rumors get started. Rumor is a form of a statement whose veracity has never been confirmed.
FYI, there’s NOT been KEGS massive shorting, still.
No one has proven hedge funds are to blame for anything.
The company claimed their “desire is to up-list KEGS to NASDAQ”. That was April 26, 2022. Didn’t happen, thorough DD is imperative. Don’t Be Fooled.
MAINSTREAM TPTW PRs
TPT Global Tech Launches VuMe Boxing on VuMe Live PPV with Complimentary Broadcast of "Rumble in Humble"
https://www.accesswire.com/854532/tpt-global-tech-launches-vume-boxing-on-vume-live-ppv-with-complimentary-broadcast-of-rumble-in-humble
TPT Global Tech Announces The Launch of the VüMe Live PPV App, Now In Beta Testing
https://www.accesswire.com/852718/tpt-global-tech-announces-the-launch-of-the-vme-live-ppv-app-now-in-beta-testing
TPT Global Tech Enhances Financial Stability in Preparation for the Launch of the VuMe Super App; AI Core to Drive Future Growth
https://www.accesswire.com/851977/tpt-global-tech-enhances-financial-stability-in-preparation-for-the-launch-of-the-vume-super-app-ai-core-to-drive-future-growth
TPT Global Tech Announces Partnership with MASL to Live Broadcast Over 150 Professional Indoor Soccer Games in US and Mexico on the VuMe Super App
https://www.accesswire.com/848232/tpt-global-tech-announces-partnership-with-masl-to-live-broadcast-over-150-professional-indoor-soccer-games-in-us-and-mexico-on-the-vume-super-app
TPT Global Tech and Legacy Team LLC. with 650,000 Members Forge Strategic Marketing Partnership to Boost VuMe Super App Downloads and Enhance Shareholder Value
https://www.accesswire.com/846297/tpt-global-tech-and-legacy-team-llc-with-650000-members-forge-strategic-marketing-partnership-to-boost-vume-super-app-downloads-and-enhance-shareholder-value
TPT Global Tech Unveils Groundbreaking Strategy: VuMe Super App to Integrate Adaptive AI and Data Stream Learning, Revolutionizing Smart City Development and Content Creation
https://www.accesswire.com/842262/tpt-global-tech-unveils-groundbreaking-strategy-vume-super-app-to-integrate-adaptive-ai-and-data-stream-learning-revolutionizing-smart-city-development-and-content-creation
TPT Global Tech Announces $3,000,000 Equity Financing to Support VuMe Super App Launch and Strengthen Financial Position
https://www.accesswire.com/836104/tpt-global-tech-announces-3000000-equity-financing-to-support-vume-super-app-launch-and-strengthen-financial-position
Industry Pioneer Joins Forces with TPTW Global Tech to Spearhead Adaptive Artificial Intelligence and Data Stream Learning in Smart Cities Revolution through VuMe App Super APP Enhancement
https://www.accesswire.com/835094/industry-pioneer-joins-forces-with-tptw-global-tech-to-spearhead-adaptive-artificial-intelligence-and-data-stream-learning-in-smart-cities-revolution-through-vume-app-super-app-enhancement
TPT Global Tech and Boss Productions Announce Pre Launch Strategic Partnership to Boost "VuMe Super App" with World-Class Entertainment
https://finance.yahoo.com/news/tpt-global-tech-boss-productions-180000534.html
Renowned Boxing Figure Roy Foreman to be President at TPT Global Tech's VuMe(TM) Super App Live Television Division
https://finance.yahoo.com/news/renowned-boxing-figure-roy-foreman-163000741.html
TPT Global Tech Announces the Acquisition of Geokall Mobile, A UK-Based Mobile eSIM Technology Company
https://www.accesswire.com/800284/tpt-global-tech-announces-the-acquisition-of-geokall-mobile-a-uk-based-mobile-esim-technology-company
TPT Global Tech Achieves Full Compliance Status Following 10-Q Filing and Regains Compliance Status with SEC and OTC Markets, Resumes Unrestricted Trading
https://finance.yahoo.com/news/tpt-global-tech-achieves-full-213000486.html#:~:text=Following%20the%20filing%20of%20its,11%20status%20with%20the%20SEC.
TPT Global Tech Announces Loss of 15c2-11 Status Due to a Late Filing, and Actions Being Taken to Regain Compliance.
https://finance.yahoo.com/news/tpt-global-tech-announces-loss-153500022.html
TPT Global Tech Completes SPA to Acquire 60% of Tekmovil with Cell phone Distribution in 16 Latin American Countries.
https://finance.yahoo.com/news/tpt-global-tech-completes-spa-133000041.html#:~:text=The%20acquisition%20for%2060%25%20ownership,unless%20extended%20by%20Tekmovil%20shareholders.
TPT Global Tech Executes MOU Proposing to Acquire 60% Stake in Tekmovil
https://finance.yahoo.com/news/tpt-global-tech-executes-mou-191500801.html
TPT Global Tech, Inc. Enters into Acquisition Agreement with Broadband Infrastructure, Inc., a Fiber Optic Construction Company located in South Carolina
https://finance.yahoo.com/news/tpt-global-tech-inc-enters-142000615.html
TPT Global Tech and Subsidiary TPT Strategic Announce Charlotte North Carolina Land Purchase and Intent to enter into JV Real Estate Development Partnership Agreement with Julisabar Holdings LLC
https://finance.yahoo.com/news/tpt-global-tech-subsidiary-tpt-194000327.html
TPT Global Tech Initiates Tuskegee, Alabama "Smart City" Project Through Real Estate Sales Agreements with Limited Partnerships Led by Legendary Civil Rights Attorney Fred Gray Who Represented Martin Luther King and Rosa Parks:
https://finance.yahoo.com/news/tpt-global-tech-initiates-tuskegee-161000186.html
TPT Global Tech, Inc. Recieves A Teaming Memorandum From The Director Of The Macon County Economic Development Authority For The Development Of Smart City Projects Througout The County:
https://finance.yahoo.com/news/tpt-global-tech-inc-recieves-164500127.html
TPT Global Tech Inc. Signs Strategic Investment & Partnership Agreement with New York Real Estate Investment Firm Black Pearl Investments (BPI):
https://finance.yahoo.com/news/tpt-global-tech-inc-signs-133000697.html
TPT Global Tech Closes Merger Acquisition Between its Subsidiary TPT Strategic and IST LLC a Construction Company with $5.4 Million in Backlogged Revenue:
https://finance.yahoo.com/news/tpt-global-tech-closes-merger-151700696.html
TPT Global Tech Subsidiaries TPT Strategic and IST, LLC Secures Letter of Intent for $357.9m Vertical Construction Loan From Dallas-Based Banks For Alabama Smart City Project:
https://finance.yahoo.com/news/tpt-global-tech-subsidiaries-tpt-195000974.html
TPT Strategic awarded multiple government/military contracts:
https://finance.yahoo.com/news/tpt-global-tech-subsidiary-tpt-190000365.html
https://finance.yahoo.com/news/tpt-global-tech-subsidiary-tpt-182000794.html
TPT Global Tech's Subsidiary TPT Strategic, Part of Multiple Companies Awarded a $250M USD 5 Year Contract for Design-Build Construction Services from the Department of Interior and Forest Service:
https://finance.yahoo.com/news/tpt-global-techs-subsidiary-tpt-190500729.html
Complete fabrication and MYTH.
Can you show me a regulatory document describing the term "cellar boxing"?
CMKM tried giving this excuse, and they're possibly one of the biggest penny stock scams of the century. Now KEGS is following their footsteps?
Provide a regulatory document and a regulatory document discussing "cellar boxing" as well. That’s just more fictitious conspiracy theory nonsense.
No, KEGS has NOT been massively shorted.
You can read facts re: FINRA’s short interest, FTDs from the SEC, and Daily Short Volume which OTCs Cromwell Coulson calls MISLEADING. I’ve shared links to all the factual data. The claim KEGS is “massively shorted” is False.
No, you posted a link to a letter TO the SEC, NOT proof from the SEC. You’ve presented nothing from the regulators supporting what you’ve said. However the regulators have this to say:
There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company’s stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of “naked” short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company’s poor financial situation rather than the reasons provided by the insiders or promoters.
That’s not documented proof Bosco. Saying it’s so doesn’t make it so.
Again, all I ask for is documented and verifiable proof. You’ve not provided it, you just go on with more opinions / speculation. I don’t intend to continue to beat a dead horse to try to get on the Bob again.
Great Point, RB! And yet we read these fake claims, that it’s supposedly occurring every day.
The only problem? NO VERIFIABLE PROOF of any such thing.
Novice Traders really should learn the difference between short interest / short volume - Read up on Riskless Principal.
You’ve yet to prove the hedge fund conspiracy theory. If you have documented and verifiable proof, post it. Otherwise it’s merely an opinion / speculation.
Good, then we won’t need to read anymore of this false diatribe. Again, the OS will reflect that shares are issued in tranches. Once the current tranche has been sold a new one will be issued. The O/S wont change until the next tranche is issued.
If you think securities fraud is occurring, contact FINRA or the SEC immediately:
Office of Investor Education and Advocacy:
Phone number: 1-800-732-0330
Email: HELP@Sec.gov
https://www.investor.gov/contact-us
Good morning, RB! Yikes, looks like a 6 digit trade, $.000001, a “penny for the lot” transaction.
Some firms facilitate the sale of positions held by their customers in low- value OTC equity securities, as defined in FINRA Rule 6420, that they or their customer may deem to be “worthless.” The firm purchases the shares to remove the position from the customer’s account and to enable the customer to claim a capital loss for tax purposes.1 The purchase price typically is nominal and set solely for purposes of liquidating the position. In some instances, it may not be a per share price, but may be sold, for example, for one penny or one dollar for the entire lot. Hence, these sales sometimes are referred to as “penny for the lot” transactions.
It’s a bit sketchy, but In the financials it says:
The Company intends to pursue the consummation of stock split with FINRA sometime in the 2nd quarter of 2024.
Kegs has no abusive short interest, digger.
1. @FINRA SHORT INTEREST:
https://otce.finra.org/otce/equityShortInterest
2. @SECGov FAILURE TO DELIVER:
https://www.sec.gov/data/foiadocsfailsdatahtm
3. “The Misleading” – Daily Short Volume
https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/
No ”trying”, Bosco , simply factual data. If you don’t wish to believe it, just ask Charles….
..Charles Schwab that is. He said the same thing that I just relayed to you. Not understanding short interest doesn’t make it “misinformation”. In fact it’s one of the most informational posts on shorting. It’s definitely not a conspiracy theory or an opinion such as your claims which are not based on factual data:
— KEGS most recently has been shorted from
— for a hedge fund to short at .0001 is to discourage buying, give the appearance of massive dilution, and bankrupt the company so they can pocket their ill-gotten
— of course abusive naked shorting occurs in the pinks
In addition, the SEC issued this:
There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company’s stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of “naked” short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company’s poor financial situation rather than the reasons provided by the insiders or promoters.
I’m not going to help run up the BOB again today, I’m off to dinner!
How much can you lose in short selling?
Potentially limitless losses: When you buy shares of stock (take a long position), your downside is limited to 100% of the money you invested. But when you short a stock, its price can keep rising. In theory, that means there's no upper limit to the amount you'd have to pay to replace the borrowed shares.
Hence why there’s no Kegs abusive short interest.
No thanks. Those are all opinions, boscolives21:
- KEGS most recently has been shorted from .0017
- for a hedge fund to short at .0001 is to discourage buying, give the appearance of massive dilution, and bankrupt the company so they can pocket their ill-gotten gains.
- of course abusive naked shorting occurs in the pinks
None of it is factual. Sorry, I don’t do conspiracy theories, I prefer facts. For instance, factual data tells us a short of a million KEGS shares would cost $2,500,000. If a successful short is made, the highest gain possible is $79..
No one would be that foolhardy to risk it on an OTC stock like KEGS with next to no gain.
No one is abusively shorting KEGS, the regulators say so.
Sorry to take so long, I just got back to my desk and see you replied.
There’s so much misinformation about shorts. I don't know why any astute trader would think the pink sheets are being abusively shorted. The financial requirements alone prevent abusively shorting OTC stocks like KEGS.
Hypothetically speaking, locate the shares, start a short with 1,000,000 shares @ $.0001. That's $100. for the principal and $2,500,000 in required Maintenance Margin, as well as at least 102% of the principal in what is called Supplemental margin.
There will be about 20% in fees and commissions. IF a successful short is made, gains are capped to 99%, HIGHEST GAIN POSSIBLE would be about $79. Meanwhile the trader has put over $2,500,000 at risk.
No one would be that foolhardy to risk it on an OTC stock with next to no gain.
It was an about an Exchange listed stock, digger, not an OTC stock.
Reasoning behind trade(s) should come from FINRA, not novice traders.
False, again. FINRA, not the SEC, tracks fails to deliver, since "air shares" don't exist.' Make note, those fails are the "air shares". FINRA does keep track of fails, and the SEC uses that information.
Plus that story about a stock that trades on an EXCHANGE, is not KEGS, obviously. KEGS is Not an SEC Registrant, bosco.
From the SEC:
There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company’s stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of “naked” short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company’s poor financial situation rather than the reasons provided by the insiders or promoters.
Let’s see Proof, rms. I’ve yet to see any verifiable documentation.
No it’s not “misleading” to post numbers from the regulators SMH. Most often the revelation of a fact, while it might be unpleasant, is beneficial in the end.
Now the story again about a stock that trades on an EXCHANGE, not the lowly OTC. KEGS is Not an SEC Registrant, bosco, and the story is Not about KEGS.
LOL! Are you saying Trillium is the “naked short”? The one who had More shares issued to him by Thomas Scozzafava, the KEGS CEO?
I post everytime the misleading and fake nonsense about shorting and naked shorting starts, and I will continue to do so, bosco. I have regulators numbers, if interested.
Agreed. I don’t know why that continues to be an issue here when KEGS has no abusive short interest.
There’s been no proof of KEGS naked shorting nor abusive short interest. Do you care to share documented and verifiable abusive short interest? What are the numbers? The regulators say Zero short interest. Here’s the link to verify: https://otce.finra.org/otce/equityShortInterest
That’s the whole point, no one is shorting KEGS, and you’ve yet to prove any of this.
Fyi, when naked shorting happens, it generates fails to deliver unless whoever does it gets a borrow. FINRA, not the SEC, tracks fails to deliver, since "air shares" don't exist. And those fails are the silly term "air shares". FINRA does keep track of fails, and the SEC uses that information.
KEGS has Zero short interest, and Zero fail to delivers. I’ve posted links to verify, I don’t know why this continues to be an issue.
FALSE.
FINRA SHORT INTEREST: 0
https://otce.finra.org/otce/equityShortInterest
SECGov FAILURE TO DELIVER: 0
https://www.sec.gov/data/foiadocsfailsdatahtm
“The Misleading” – Daily Short Volume
https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity
Daily Reg SHO is meaningless due to no separation of Riskless Principal transactions from the data. Almost all short volume is created by non ownership or physical possession of the shares in a trade transaction.
Changed the name from Zachary Logan? He got 300,000,000 shares from Scozzafava even after being busted by the SEC.
Exactly. Almost two years ago, April 2022, Scozzafava said:
It was management’s desire to sustain a share price at $0.02 into the fall of 2021, which would have minimized the current 200 million share issuance by 90% to 20 million. Despite the engagement of consultants in this arena, the small issuer selloff in the late fall and winter in 2021 seemed to have pulled our shares down with the overall market.
Our desire is to up-list KEGS to NASDAQ…...
“Our desire” lol, what a bunch of Tomfoolery.
Already stated otherwise, a dozen times. You made up your own rules, FINRA’s are quite different. The TA reports the numbers. But please show me there’s been no dilution? And while you’re at it, show me where I supposedly said:
“dilution happening AVG guys this not good” https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174234897
Fact is, I didn’t. You made it up. If you have documented proof from FINRA, post it with the rule number. It can’t be done since there is no such homemade rule. Again,
Section 404: Weighted Average Price/Special Pricing Formula Transactions
Q404.1: Member BD1 executes multiple trades to satisfy a customer order and then trades with the customer at a price equal to the volume-weighted average cost of the original trades plus a net difference in accordance with a net trading agreement with its customer. How should BD1 report the trade with its customer?
A404.1:
1. The original trades and the customer leg of the transaction should be reported to the tape, and the report of the customer leg should include the weighted average price (.W) modifier.
2. For example, member BD1 receives an order from a customer to buy 5,000 shares of ABCD security and accumulates the shares through five separate trades.
3. Each of these five trades is reported to the tape.
4. BD1 then sells the 5,000 shares of ABCD to its customer at its volume-weighted average cost with a net difference to reflect the compensation agreement between BD1 and its customer. BD1 should report the sale of 5,000 shares to its customer to the tape with the weighted average price