Report possible fraud to the SEC here: Office of Whistleblower, 202-551-4790
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Just once, the clown 🤡 Dog should tell the truth, as it actually is. No one is buying this trash bigly, never.
What’s funny is 🤡 spent $33.50 to get it back to $.067. Ha ha ha ha ha ha!!! … 🤡 must’ve needed that price to meet the 🤡 quota.
What stock was that? Was it a triple zero one stock like KEGS?
“Air shares" - a conspiracy theory. When naked shorting happens, it generates fails to deliver. There are NO FTDs on KEGS, I’ve posted the links for you to check to veracity of your claim. FINRA, not the SEC, tracks fails to deliver, since "air shares" don't exist. That’s yet another conspiracy theory.
It’s hilarious to get all excited because there are so FEW NSS cases that's turned up in years. What SHOULD be noticed is that cases like this are so rare. Their rarity makes it clear that Reg SHO works.
There is no KEGS short interest, RMS, there are No FTD. It’s time to stop saying there is:
FINRA SHORT INTEREST:
https://otce.finra.org/otce/equityShortInterest
SECGov FAILURE TO DELIVER:
https://www.sec.gov/data/foiadocsfailsdatahtm
“The Misleading” – Daily Short Volume
https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/
1:1000 Reverse Split, slated for 2nd quarter 2024:
I’m not a “hoser”, Bosco, that’s a silly term to sling around to discredit what I’m saying - plus it’s factually false. It’s also unfair to call posters “losers” because they have watched Scozzafava for years with his numerous reverse splits: SWVL 1:1000 R/S, SWYV 1:1000 R/S, SWVC 1:5 R/S.
I don’t tend to favor propaganda either, I would never say “ good job” to a CEO who just filed for a 1:1000 reverse split to be enacted in this quarter. Thomas Scozzafava is the king of reverse splits, having not only the ones listed above, but some of the Worst RSs / name change of all time:
EMPZD 1:80,000 R/S
HCKI 1:35 R/S 6/17/2010 - Number of Spilts:10
HCKE 1:50 R/S
ALRN 1:10,000
ALCI 1:1000
HVLN name change
AWYB name change
AWBV 1:5000 R/S
AWBD 1:10 R/S
AWHB 1:300 R/S
DCGX 1:100 R/S
DCGR 1:25 R/S
DCIH 1:200 R/S
The conspiracy theories have been spun here for several years now. The gullible bite right in and follow along. Traders should beware as these theories have not an iota of,factual data, but as fiction they have derailed many who bought in. “Air shares" = a conspiracy. But when naked shorting happens, it generates fails to deliver. FINRA, not the SEC, tracks fails to deliver, since "air shares" don't exist.
And those fails are the so-called "air shares". FINRA does keep track of fails, and the SEC uses that information. The FACT remains when there are no significant FTDs in a security, (KEGS has Zero), that means there are no abusive shorts (KEGS has Zero), no abusive NSS, no air shares, no phantom shares... etc. none of the typical excuses used on OTC issues. The meme stock traders think the financial world began when they discovered naked shorting. Many have never even heard of Reg SHO, they don't know about the huge CMKX cert pull, nor any of the other travesties that take place on the OTC.
The AS number in your article is incorrect. The AS was increased a year ago, in April 2023. Scozzafava filed an amendment to the SOS to increase it to 20,000,000,000. THall’s Authorized Share number is correct.
KEGS in not an SEC registrant, therefore they do not “file”. They submit Disclosures to OTCMarkets, those disclosures are not vetted for accuracy.
I don’t remember anytime the KEGS OS was reduced by “3.4 billion” shares. What was the date?
I see a lot of awards, have they ever won a World Beer Cup?
I disagree with your view of “normal”. The number of shares traded was 144, not 14,400.
I’ve corrected the misinterpreted short volume numbers so many times, yet Factual Data is not acknowledged. There is NO KEGS “massive” short interest in the OTC. I encourage everyone to read up on Short volume vs Short interest, and also Riskless Principal so no one will be confused.
Cromwell Coulson is the CEO & President of OTCMarkets, this is what he wrote in his blog, I wholeheartedly agree:
1. Understanding short selling activity is important for investors and public companies.
2. The most accurate measure of short selling is the data reported by all broker-dealers to FINRA on a bi-weekly basis. (Equity Short Interest Report)
3. The most frequently misinterpreted data is the Daily Short Volume.
Please don’t anyone believe that their “money is safe” on the OTC. This is not a CD.
lol, so true. Scozzafava’s been around for decades, playing his Tomfoolery game.
This is not Tom Scozzafava’s first rodeo, he’s enacted some of the Worst RS of all time:
Empzd 1:80,000 R/S 3/22/2013
HCKI 1:35 R/S 6/17/2010 - Number of Spilts:10, HCKI START: 21-Dec-01
HCKE 1:50 R/S 10/27/2009
ALRN 1:10,000 01/23/2009
ALCI 1:1000 12/03/2007
HVLN name change 09/24/2007
AWYB name change 11/10/2006
AWBV 1:5000 R/S 09/12/2006
AWBD 1:10 R/S 01/21/2005
AWHB 1:300 R/S 11/23/2004
DCGX 1:100 R/S 04/12/2004
DCGR 1:25 R/S 11/18/2002
DCIH 1:200 R/S 12/21/2001
DCGR 1:30 R/S 09/11/1998
Reverse Splits with an 80,000 to 1 allowed by FINRA
SEVA Seaway Valley Capital Corporation Inc. Reverse Split History
SWVL 1:1000 R/S 11/05/2009
SWYV 1:1000 R/S 05/12/2009
SWVC 1:5 R/S 09/22/2008
GSCR Name change GS Carbon Corp 12/08/2006
DRVW 1:250 R/S DirectView, Inc. 12/07/2006
BPMD 1:100 R/S Boston Pacific Medical Inc 05/16/2003
No one has abusive short interest positions in KEGS. No FTDs. Daily Reg SHO is meaningless due to no separation of Riskless Principal transactions from the data. Read up on Riskless Principal, that will explain the process.
FINRA SHORT INTEREST:
https://otce.finra.org/otce/equityShortInterest
SECGov FAILURE TO DELIVER:
https://www.sec.gov/data/foiadocsfailsdatahtm
“The Misleading” – Daily Short Volume
https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/
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.
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
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?