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They’ve all had some form of lawsuit like that from various players.
Getting sued for something is meaningless.
That lawsuit, BTW has gone nowhere.
GameStop was heavily naked shorted. It was a meek stock. The short interest of 140% as a percentage of the OS proved that.
What does that have to do with Muln which never had a significant % of the OS as short interest?
The argument that Brokers are bad…see these SEC lawsuits…so the Brokers dealing in Mullen are bad too…is BS.
It’s like suing a guy (in a red shirt) you just saw walk into pizza with robbing it because a year ago a guy in a red shirt was caught and charged for holding up another pizza shop.
What does that have to do with Mullen’s complaint? They haven’t alleged any of that.
Where is the SEC action against these brokers?
Did Michery send any of the suppose “data” to the SEC?
No evidence he did.
Only the SEC and FINRA have the ability to access the actual data used to determine illegal activity by Broker Dealers. Not Mullen, not Christian and not Share Intel.
It’s a bogus lawsuit written to appeal to the believers and hype the stock.
The lawsuit was written simply for the consumption of the believers to try and get some hype into the stock before the delisting letter shows up.
That lawsuit is not going to go very far when the nonsense it presents has to withstand actual scrutiny.
Is this the case you are referring to?
https://www.sec.gov/litigation/litreleases/lr-25092
I don’t believe any of the Mullen claims included “mis-marking”.
So what does that have to do with anything?
And naked short selling is very much allowed, abusive naked shorting is not. There is a difference and most people don’t understand that.
What I get for reading in my phone. I see “caused” not “because”. My mistake.
But who wouldn’t be authorized? What are they talking about?
And have you not read the prospectus for the share issuances coming from the company it self?
Those receiving the issued shares were allowed to short, or even naked short under the SPA.
Yet another example of their claim contradicting their own agreements with the financiers.
And it’s no wonder the short volume was higher. His financiers were shorting against the box in the issuances. And 55% is not unusual for a penny stock especially when it is being heavily diluted as riskless principle is used for many of the transactions.
It’s funny that they have to come up with some nefarious sounding label for what is simply a naked short.
It’s funny that they have to come up with some evil sounding label for what is simply a naked short.
They have no idea what generates “short volume”. Many long transactions can be marked short, depending on how the initial leg is marked.
Schwab described the lawsuit quite accurately in its a response to Payne.
lol.
What the hell are they talking about?
There is no restriction to short selling because of the % of daily short volume.
Completely made up.
And the “fictitious Mullen shares” reference is funny as hell. What is that ?
Is that a more sophisticated reference than “air share”? LMAO!!
My fav is “counterfeit share”. 😂
I think your definition of access is ‘can someone drive up to an emergency room and walk in’.
When talking about access we are talking about barriers to accessing care. And in the US there are financial barriers to access. Ask anyone without health insurance.
This is a good read if you are interested
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3633404/
This one on a comparison of healthcare outcomes.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2801918/
I understand the differences quite well.
It won’t delist. There’s a process. It is still going to be on Nasdaq for approximately another 45 days if they appeal the notice of delisting.
It’s not about winning a “debate”. I was providing the perspective of someone who has been in both systems. Has family spread out across both systems…and has seen a lot in both systems.
Which is but one reason why healthcare costs per person in the US are almost double what they are in Canada.
An ER visit is expensive.
Looks like he chickened out of a rematch with Payne.
He will get an incomplete for a grade…
As I said…he turned it into a take home exam. lol
Can posts be edited in the app inside the 15 min window? I don’t see anyway to do that. Thanks!
I have given up on browser use.
I guess the “audio problems” were his version of phone a friend…or turning the question into a take home exam. LOL.
When you look at the three major criteria for any healthcare system:
1) Quality
2) Cost
3) Access
Canada beats the US system hands down on 2 and 3.
Number 1 is more or less a tie although there are some differences in different areas.
I am not going to post a dozen links to the various studies that support the above, needless to say I have had this debate umpteen times over the years with other people who compare the systems with zero experience in one of them.
But I will give you one with some numbers.
https://www.pgpf.org/blog/2023/07/how-does-the-us-healthcare-system-compare-to-other-countries
No system is perfect and anyone can pick at some aspect of it.
You are but the latest in that line, but this Board has better things to read about.
I have given you the benefit of my experience. Do with it what you will.
Everyone is invited to the MULN shit show.
Non-stop entertainment.
Even the morons a Stocktwits have gone south on the guy.
“Reminds me of Justin Costello in the aircraft“
LMAO!!!!! it actually did remind me of that Costello picture of him beside the oxygen tank.
Effin hilarious!!!
He is going to be even more unpleasant next week when the Staff Delisting Determination letter shows up from NASDAQ.
You completely missed my point. I wonder why?
Perhaps I needed to tell you…
We have had NO discernible difference in outcomes.
Which system we were in has never matter across my ENTIRE family.
And I am the best judge of the experience of everyone I have mentioned.
The fact you think can opine on that is BS.
One can’t truly “compare” two systems when they have little or no experience in one of them.
I have.
The guy just drips “con artist”.
“There is no better place on the face of this earth to get the type of health care we receive here. No one waits here...and the service is top notch. Most hospital rooms are suites here..etc...etc..etc...“
When you can afford it, have a job that covers it or are willing to go bankrupt to get it.
…and did I mention there was not a meaningful difference in healthcare outcomes in Canada and the US…so I would challenge the notion of “quality” difference.
But since you didn’t answer my question I will assume you have not had the experience or had to rely on the Canadian Healthcare system.
I tire of debates with people that haven’t.
My experience, attitude and opinions are based on the following:
1) My wife and I have lived in the US for the last 30 years and been in the US healthcare system. The previous 30 in Canada
2) my kids have spent their entire life in the US healthcare system.
3) my father in law was a surgeon on BOTH systems for equal amounts of time.
4) my entire immediate family has been in the Canadian system.
5) My parent in-laws are equally split between the two systems.
6) by sibling in-laws have spent there entire lives in one system or the other.
7) in both systems we have witnessed and had to deal with (in the above) acute and chronic illnesses, heart disease, heart attacks, stroke, cancer, trauma, accidents, injuries, hospice care, long term elderly care, pediatric issues, etc etc.
As I said…I know of what I speak.
And I can tell you I have yet to meet many Canadians that wish Canada had the US system. Even the hardest right wing Canadian politicians have never suggested it.
Well stay tuned…Chuck calls his “audio problems” bluff and invited him back tomorrow..
Stay tuned.
Sweet Jesus…what a cluster lol.
I know eh!
It’s like he suddenly loses hearing while HE is talking…
Epic.
Sorry…the “anyone can drive up to an emergency room and get healthcare” type argument doesn’t cut it.
There are financial consequences…and it can be a huge mental burden on families that affect the decisions they make in other parts of their lives.
The difference in the concept of “access” in Canada and the US is huge.
I will ask again, have you actually lived in the Canadian system for any length of time?
And not as a US citizen utilizing American Healthcare insurance…
I knew it was sarcasm…just reinforcing the point.
In Canada he wouldn’t have to pay. It would not have to be part of the equation for him.
When a Canadian couple has a baby…the one thing they never have to worry about is whether they will be able to get healthcare for their child…regardless of the employment or financial situation of the parents.
That same statement cannot be made in the US.
The irony is insulin was discovered by three Canadian researchers Banting, Best and MacLeod and they sold the patent to the University of Toronto for $1 it so it would be available to anyone at low cost.
https://www.diabetes.org.uk/research/research-impact/insulin#:~:text=On%2023%20January%201923%2C%20Banting,to%20have%20access%20to%20it.
Until the US drug companies got involved…in the US.
And in Canada in 2018 the average insulin user had to spend about $800 per year and the average American had to spend $3600.
“So the US Geriatric system is still largely driven by private insurers.“
Largely ? LOL…yeah Medicare is but a small piece of senior care.
LOL.
Curious ….Have you been part of the Canadian healthcare system and have first hand knowledge?
“Instead of addressing a question you can't answer you say something Slick“
I didn’t see a single question mark in your post I was responding to.
Perhaps you want to try again?
Sorry…I have lived 30 years of my life in both systems.
In one, cost had a huge impact on people I knew personally, in the other it didn’t.
Unless someone can come to the table and debate from the same framework…
It is meaningless to me.
Go talk to someone who has avoided going to a doctor because of the cost.
They will only exist in one country of the two.