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Maybe, maybe not. Educational article for those interested:
The difference between short interest and short volume
There has been a good deal of discussion back and forth here on the topics of "short interest" and "short volume." I thought it might be helpful to shed some light on the important distinction between these two.
Think of short interest as a "photograph" at a given point in time of the total number of shares held short as of that precise moment (most often, the end of a quarter or a month).
Think of short volume as a "movie" covering the activity of a trading day (or longer period), which captures on film the total number of shares shorted during that day.
And finally, think of the short volume percentage as the fraction that results from dividing the total number of shares shorted during that day by the total number of shares traded for that day.
The really critical point to understand here is that short volume for a given trading day or other period is not a number that can be added to existing short interest to derive the new short interest total. The reason for that is that the short volume on any given day measures only the shares shorted and takes no account of the share trades made to close short positions. Most typically, a very high percentage of short trades will be closed on the same day resulting in a short interest at the end of the day that is little changed from the short interest at the beginning of that day.
How and why does this happen? Welcome to the world of HFT (high-frequency trading), where the bots hit the market with a staccato of relatively small trades, the net effect of which is to drive the SP down on moderately low volume. At that point (or on closely following days), shares are purchased at the new, lower prices to close out the shorts. So the net change in short interest is often very small even when the short volume is very large.
Games being played with the stock it appears to me. Naked shorts if I were to guess. Just my thoughts.
VNUE, Inc., (OTC: VNUE) is a leading music technology and artist services company dedicated to further monetizing the live music experience for artists, labels, writers, and publishers, with products such as its set.fm instant content distribution platform (www.set.fm), exclusive license partner and "instant live" pioneer DiscLive (www.disclive.net), and protecting the rights of artists and writers with the company's groundbreaking Soundstr music recognition technology (MRT) platform (www.soundstr.com). The veteran entrepreneurs, artists and songwriters behind VNUE, led by music and tech entrepreneur and recording artist Zach Bair (www.zachbairmusic.com) are passionate about the future of their industry and ensuring that rights holders' value is not lost amid always-changing technology. For more information, please visit www.vnue.com.
PROTECTING THE RIGHTS OF MUSIC WRITERS, PUBLISHERS AND ARTISTS.
Few people know that billions of dollars in royalties collected on behalf of artists goes into a black hole that no one can seem to find. VNUE has developed a solution to this problem. VNUE combines our expertise of live music production with cutting edge rights management. Our patent-pending Soundstr technology, including custom hardware, tracks music played in real-world scenarios such as bars, restaurants, and radio stations, and identifies the song, owner, and the performing rights organizations associated with the composition. This enables the correct rights holders to be paid, and affords business owners a fair and equitable way to license the music they use in their establishment (as required by law).
Congressmen Introduce American Music Fairness Act - Variety
VNUE, Inc. (Symbol: VNUE) has the solution.
https://variety.com/2021/music/news/american-music-fairness-act-radio-royalties-1235004757/?fbclid=IwAR1nAcqtX5tuZ2Hfy7DZXioJh3Ul0pv3-cbQ1cczlH0pnR31pOeHlZc4J6E
Looks like good news that its all done!
The company does what is best for shareholders legally.
I do not think Triton is dead, but rather they have chosen to prioritize the 8,000,000 deal.
It is quite possible that they want to see the debt conversion in the qtr report so it is an official sec filing. I have seen that before and it is understandable. So no problem there.
The train is leaving the station.
This is the beginning. Go BBBY
Yes, great news!!!
Buy / Sell volume looks good today!
That's not true at all! VNUE will most definitely benefit from RHL.
The plan is to role out RHL the same way Hard Rock was rolled out and take it public. Jock Weaver was President of Hardrock.
Shorts must cover the pro-rata shares before the merger. Just remember that!
That’s why they MUST cover, the dividend is being paid in the form of a preferred share. They can’t just pay the dividend, they have to provide the share. This deal was engineered for this short squeeze from the beginning
Yes, agreed that was a huge vote of confidence by a long time investor.
Triton is real and has the money committed for VNUE. VNUE simply need to get the securities registration done. I would imagine that is what is in the works.
Hi All.
My take is the funding is done and they are working on a registration statement as we speak. Triton is a good group and they make real investments. They have the money.
As far as the uplist, it's a process. That is probably what prompted them to convert the debt.
We are most likely in a quiet period.
Stay tuned. Buy low sell high.
Ready to Pop!
VNUE, Inc., (OTC: VNUE) is a leading music technology and artist services company dedicated to further monetizing the live music experience for artists, labels, writers, and publishers, with products such as its set.fm instant content distribution platform (www.set.fm), exclusive license partner and "instant live" pioneer DiscLive (www.disclive.net), and protecting the rights of artists and writers with the company's groundbreaking Soundstr music recognition technology (MRT) platform (www.soundstr.com). The veteran entrepreneurs, artists and songwriters behind VNUE, led by music and tech entrepreneur and recording artist Zach Bair (www.zachbairmusic.com) are passionate about the future of their industry and ensuring that rights holders' value is not lost amid always-changing technology. For more information, please visit www.vnue.com. VNUE also owns a 4.99% stake in RockHouse Live (www.rockhouselive.com), a new entertainment themed restaurant, bar and venue concept, founded by Bair and partner Jock Weaver, former president of Hard Rock Café International. RockHouse Live is launching its flagship location in Clearwater Beach, FL, in March 2021.
Stay tuned! Funding is good and uplist should be imminent.
Great news getting the Q behind us. Now other things can move forward like the uplifting.
They did file a late filing note, but it's no big deal. There is a lot going on as we know. All good!
The debt conversion should pave the way to the uplist.
That is huge news!
The stars are aligned. In my humble opinion VNUE should be 10x higher.