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Is inference not allowed using common sense and logic?
Wait you sent me that link to allegedly show EVTI has zero FTDs but you don't even know if its listed there?
This is frequently used to allows FTDs for months or years.
Techniques Used to Circumvent Reg SHO
Given the SEC is content with the DTCC self-regulating its participants, there are frequently employed techniques to circumvent these requirements.
Allowing “important“ hedge fund clients to ignore the locate requirement
Creating easy to borrow lists that inappropriately include threshold and hard-to-borrow stocks
Hiding FTDs through washed and matched trades, i.e. rolling over an FTD to another broker
Illegal stock sales in dark pools off the primary markets to avoid NYSE oversight and to maintain anonymity
No supervision that the locate requirement was satisfied for short sales
Fradulently marking short sales as long to hide naked positions.
Fradulently saying they possessed the borrowed securities or had located them.
Not making any effort to locate shares prior to short selling,
Entering into a made up option contract to hide naked shorting
Using the DTCC stock borrowing program mentioned above as a means to conceal naked short sales,
Putting through fake short interest and other reports to regulators - as we see with Ortex.
Hiding activity by falsely reporting synthetic shares as real shares in broker statements
Hiding the activity by issuing voting material to shareholders with nonexistent assets who have no corporate rights including the right to vote shares,
Not complying with requirements to investigate and report suspicious transactions to regulatory authorities.
The bet was placed on DBMM years ago, those same actors are no more involved now with DBMM than the groups that shorted GME were involved with its management.
Oh Asher exists just under another title now.
IT would be neutral from a public standpoint, and certainly it was in the past dosen't mean it has to be in the future.
How would getting new management and cleaning up this ticker be bad for the public exactly?
Someone needs to take over EVTI get it nice and polished up for a R/M.
Now the question is why do we not have data on DBMM FTDs? There are grey and expert stocks that have data.
Where is it?!?
https://sec.report/fails.php?tc=DBMM
SEC FTDS NO DATA!!!
What am I supposed to do with that? why does DBMM have no data on FTD's, while so many other tickers do?
Show me where DBMM has FTD data, the SEC site shows no data.
This is frequently used to allows FTDs for months or years.
Techniques Used to Circumvent Reg SHO
Given the SEC is content with the DTCC self-regulating its participants, there are frequently employed techniques to circumvent these requirements.
Allowing “important“ hedge fund clients to ignore the locate requirement
Creating easy to borrow lists that inappropriately include threshold and hard-to-borrow stocks
Hiding FTDs through washed and matched trades, i.e. rolling over an FTD to another broker
Illegal stock sales in dark pools off the primary markets to avoid NYSE oversight and to maintain anonymity
No supervision that the locate requirement was satisfied for short sales
Fradulently marking short sales as long to hide naked positions.
Fradulently saying they possessed the borrowed securities or had located them.
Not making any effort to locate shares prior to short selling,
Entering into a made up option contract to hide naked shorting
Using the DTCC stock borrowing program mentioned above as a means to conceal naked short sales,
Putting through fake short interest and other reports to regulators - as we see with Ortex.
Hiding activity by falsely reporting synthetic shares as real shares in broker statements
Hiding the activity by issuing voting material to shareholders with nonexistent assets who have no corporate rights including the right to vote shares,
Not complying with requirements to investigate and report suspicious transactions to regulatory authorities.
No data on DBMM FTD's...
https://sec.report/fails.php?tc=DBMM
"Please note that fails-to-deliver can occur for a number of reasons on both long and short sales. Therefore, fails-to-deliver are not necessarily the result of short selling, and are not evidence of abusive short selling or “naked” short selling"
https://sec.report/fails.php?tc=GTII
I guess their using it to draw in inexperienced Canadian traders??
Your making a very poor case, the company's auditor was sanctioned 2 weeks before 10k. No wonder the judge dismissed this, time to get back to regular trading here.
Thank you for quality accurate information.
So was the OIP placed because of filings or due to Asher situation?
Do you have a more in depth response to those posts?
I see market makers so looks like it, might be trading in the US soon.
Stay tuned... ;)
Nope, just the cold hard facts.
IF one of the mods could sticky that post, would be much appreciated.
http://www.dbmmgroup.com/dbmm-shareholders-update-october-4-2021/
"By way of clarification, now is an appropriate time to state that misinformation directed at DBMM continues, as it has in the past, by the same offenders. Management suggests —Ignore them. They have been proven wrong again and again, yet they continue while stating they own no shares. The question remains: Who spends hours a day posting speculation for which there is no validation nor any documentation? For free? For whom are they posting— and why? Altruistic or benevolent motivation? Not likely.
Make your own decisions, make your own choices. Make them based on the facts of DBMM as a Pink Current Company which is moving forward deliberately with facts and support validated in the Company’s favor."
What changed?
Yah I'm sure retail is dumping in 10,000 share segments like that...
Yep, definitely not retail.
"But here’s the problem. Naked short selling is illegal and so there’s no easy way to know it’s going on. No one who is breaking the law tells you about it on Twitter and because a stock is sold by literally hundreds of brokers, there’s no way even for the company who issued the stocks to sit down and count them all and figure out that they issued a million shares and now there are 1.5 million shares floating around on exchanges.
No, naked shares are hidden and sometimes hidden very well and it’s finding the Naked Shorts and triggering the squeeze where the secret juice is."
https://www.hoganlegal.com/naked-short-selling-how-to-moon-and-case-study/?utm_source=rss&utm_medium=rss&utm_campaign=naked-short-selling-how-to-moon-and-case-study
Hmm interesting that a naked short cannot be proven or disproven, I guess that answers the one question why the company has not brought it up.
Yah no I get it, just figured there are other shells with a better share structure?
A great article as it may pertain to DBMM...
https://oilprice.com/Energy/Energy-General/Naked-Short-Selling-The-Truth-Is-Much-Worse-Than-You-Have-Been-Told.html
Saying its absolutely absurd is a bit of a stretch, a more fair assessment would be its a possibility. We know that some years back DBMM was in a pinch and seemed destined for oblivion, to any shorter that would seem like a good bet at the time.
The Canadians alone took it to .01, you really think dropping CE and opening up US market for trading max .01-.02? That's absurd, DBMM resuming normal trading would be a big deal.
From the last company update: "The Company is concluding the enormous, labor-intensive task of submitting the 15c2-11 to the broker who will be guiding it through the FINRA application to resume normal trading. Filing the 10-k almost a month early provided the most recent public information as required by the amended, post-September 28th regulations for the 15c2-11."
Does this mean the CE can come down before the commissions decision? Or if the it's delayed. Opinions seem to vary...
What should they do? Dump their shares?
Question is why would Kinglory choose SBES to merge into?
An what would constitute a miracle? CE coming off? Avoiding revocation?