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So, nufced. Let's see. You (allegedly) have a friend who can't get "millions" of shares; would that be three million, five million, a hundred million?
And from that rounding error claim you make the inductive leap to a naked short?
Back to logic 101 for you.
It's impossible for etrade to be short, nufced. They never made a market in the stock, as you well know.
You will be wrong, gump, as usual on this issue. And frizzy has provided dick in terms of examples of anybody not receiving certs.
Naked shorting is a myth. This naked short claim is a scam.
Why would you assume that, gump? There is zero evidence of failures to receive certs except in a few isolated claims that Frizzy won't document.
Please, gump. Even frizzy has recanted his bogus naked short claim.
It doesn't exist. It never did.
Please gump. The DTCC simply doesn't hold any significant number of paper certs, particularly on penny scams, and they are trying to do away with them altogether.
The DTCC doesn't have any cmkx certs, gump. They still hold a few legacy certs from pre CNSS, but they aren't in the business of holding or issuing certs anylonger.
I-man: it looks like the vaunted cert pull scam is dead in the water. And it doesn't seem to show Frizzy's two trillion share short (a claim conveniently now absent from the sheep group board).
Cargo-do you see that little "u" beside the "ask". Do you know what it means?
Cargo-So pearl is saying she gave Fog the crabs?
What 15c's mike?
That's a lie, up. You might want to check the status of their common share registration.
Need some help with that link?
Right, ret. Twice the Canadian GDP and nobody noticed it. Pretty stupid belief, wouldn't you say?
Good idea, investor. It doesn't seem that we are going to agree on this issue:)
We killed hundreds of thousands of innocent civilians, investor. Nobody else did.
Investor-I don't recall the Germans using a nuke. Do you?
Wrong again, mike. PAIM is required to report.
LOL, NSDM, what chauvanistic tripe. Canada does quite fine on its own, and Iran is the inheritor or a civilization and culture that was old when your anscestors were hiding from wolves in caves.
And exactly why does the US have nukes? Who let that Jinn out of the bottle?
It doesn't exist, as originally described, christopher. The get shorty crowd is simply trying to reframe the debate.
How soon you forget. Naked shorting was about evil mm's deciding to (for unknown reasons) target microcap stocks and manipulate their price downward by massive and continuous naked shorting, driving the price to zero if possible. Remember? Burrell even claimed that over 7,000 companies had been driven into bankruptcy by the practice since 2,000 alone. (never mind that when he made that claim the total number of BB and Stink Sheet bankruptcies numbered less than a bakers dozen, and the total number of all public company bankruptcies-most of which were reorganization rather than liquidation-was around 300.
The latest claims, however, are allegations that Brokers are playing fast and loose with locate requirements in order to earn more money from stock lending to hedge funds. That's probably a bad thing, and they should be nailed for it, but it's not related to the claims of the wing nut conspiracy theorists like "the bunny," who is unable to even interpret basic data.
Nevertheless, it will be interesting to see the court documents if this suit makes it to discovery. I can guarantee you won't find the ScamWire 100 in them.
Actually, gtc, there is proof of both. The SEC has been exercising subpoena powers, which they cannot do unless there is an open civil investigation, and Urban's taking the fifth in a civil proceeding is only allowable if he has reasonable grounds to think that criminal charges are forthcoming.
He did, after all retain a criminal defense attorney. And that was before he received the notification that he was the target of a Clark County Grand Jury investigation. Urban and the Boyz received their Wells notices long ago, but of course chose not to report them.
But skinny-you forgot about those massively valuable MLON shares that Pearl acquired in the bogus asset exchange of the bogus ERDL shares.
If you really want to get the Feds' attention, pump the money laundering slant to them. We raised that possibility during the MLON promotion and the Feds moved very quickly to at least force Pino to make a public retraction of all his BS PR claims.
NSDM-foreign sales clear through US correspondent brokers. And why would Casavant need to short anything? He owned the printing press and had a pet attorney to forge opinion letters.
Good thinking, Jimmy. Holding worthless shares in a revoked security under civil and criminal fraud investigation is a sure sign of winning.
Of such stuff are fortunes made.
Well, cargo, since it trades in five digits and you can only see four, you may just miss that "squeeze trigger" signal, eh?
mike-since PAIM has not filed a form 15 exempting it from filing SEC reports, it is not a "non-reporting" company. It is a company that is illegally failing to meet its reporting requirements.
Which is typical of Pearl the Crook. And it is subject ot revocation of its registration at the whim of the SEC.
Janice-haven't done primary source yet. Just going by posts like this:
By: pickleman77360640
18 Apr 2006, 11:23 PM EDT
Msg. 206799 of 206803
(This msg. is a reply to 206792 by dorealicious.)
Jump to msg. #
dorealicious, sorry but I disagree with you. The part that is now missing stated that the short is potentially 2 trillion shares short and you are saying that it is irrelevant? If it was irrelevant, then the TF would have left it up.
Ozzie-three months is the minimum contract buy-in's accepts. And their track record is pathetic.
They have no hard data on shorts on OTC securities. Nor does anybody at this time. Their "squeeze trigger" claim is bogus BS.
Go back and track their calls, if you really want to know about them.
Panic in CMKX RB land. The task farce has removed all references to "naked shorting" from their website it seems.
Well, zero, since they can't even get an mm to file a 15-c so they can have a two sided quote on the pinks, I don't see a move to the BB as being very likely.
Actually, jetfish, bobo doesn't have a clue about how to interpret data. He used the cumulative FTD figure to claim daily volume FTD's. His numbers aren't even close to reality by an order of magnitude.
OT-good grief, jim. We would call them small lobsters!!
OT-How do you catch prawns out there Jim?
Pearl is lousy at pumps. The only ones that have ever worked are the Pearl/Winick HCCF scam, and the phony MLON asset exchange. The ones she tries on her own never manage to get off of .0001 ask.
Well, rrr, if the game is completely rigged, and nobody follows the rules, then why do you play it?
Rue-how about the pinksheet definition:
LFWK -- Loftwerks, Inc.
Com ($0.001)
Primary Venue: Pink Sheets
Quote Status: Unsolicited
This security has only been quoted on the Pink Sheets on an unsolicited basis since it initiated trading in the public OTC markets. Pink Sheets has not received notice of the NASD clearing a market maker to publish their proprietary quotations in this security or the issuer registering to the SEC as a reporting issuer under the Securities Act. As such, adequate current information may not be publicly available for this issuer. Pink Sheets believes adequate current information should be publicly available when a security first enters public markets and that current financial information should continue to be provided on a quarterly basis. Pink Sheets has discontinued the display of quotes on pinksheets.com for this security until such information is made available by the issuer. Investors are encouraged to use care and due diligence in their investment decisions.
Unsolicited Quote
An unsolicited quote is one which represents an "Unsolicited Customer Order". Publishing unsolicited quotes allows a broker/dealer to meet an exception to Rule 15c2-11, which requires a broker to have in its possession current information, including financial information, about the issuer of the securities . To avail itself of this exception to SEC Rule 15c2-11, an NASD member firm must ensure that the quotation published or submitted: (1) is solely on behalf of a customer; (2) represents the customer's indication of interest; and (3) does not involve the solicitation of the customer's interest.
There are no MM's, W3. This is an unsolicited quote stock.
It seems that all they have proven, aussie, is that they are willing to hire a tout firm.
Indicating that what they are serious about is selling shares.
Yawn. Buyins is a penny pump service run by a former broker who lost his license for ripping off clients.
They will find a short in any company willing to pay them $3,000.
Have you seen paim on the sho list?
An ongoing company, imiloa? Since they choose to trade illegally without filing the required SEC reports you really don't know that, do you?
Wong-have you read the Jeffries letter? They were not making a market; they were representing one or more sellers.
Big difference. You might want to learn it.