GSDT Fintech Group Inc. (GSDT)

[Kurupt]

Interesting Info regarding Short Shares Numbers represented on the OTCmarkets website. To view the current count please visit:

http://www.otcmarkets.com/stock/EVRM/short-sales

Current Count:
25,887


More interesting was an explanations from a long standing IHUB member: stervc

You can read his full post here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38838268


But let me cut out some main points:

"I have spoken to pinksheets.com on numerous occasions about this issue and they told me that the Short Interest number reported represents a Share Deficit. From what they told me, this means that there is an “official” shortage of shares in EVRM’s Float or shortage of shares available for the public to buy. This means that there is a Failure to Deliver (FTD) of shares that exist as some officially refer."


Now covering for 117,681 naked short shares/positions is not a lot and is not much to go around bragging about or jumping up and down about because of a short squeeze. What is something to jump up and down about in my opinion is that with EVRM even having a number reflected in the Short Interest section means that the Float is ”officially” gone. This is not speculation or me talking, but this is confirmed by our regulatory authorities of which I will explain later in greater detail within this post.

The 117,681 Short Interest number represents a share deficit in the inventory of shares that the Market Makers (MMs) have available for the public to buy. The number zero would represent the exact number of the Float or a number of shares lower than the Float that is available to buy. So any number above zero represents a plus for us EVRM shareholders, but represents a negative number of shares that the MMs are in the hold by selling that amount of shares above the official Float.

So, what this means is that as long as EVRM can continue to close green, there is a outstanding chance that the share deficit will continue to grow because generally closing green would mean that there was more buying than selling.

This also means that there is no surplus of shares available for the MMs to use to create and maintain an orderly market. This means that we should be able to expect some huge price increases if the buying pressure continues simply because they will have to increase the “Bid” to entice selling so that they can first obtain then maintain an inventory of shares for them to keep an orderly market to meet supply and demand requests for EVRM shares. The MMs must have an inventory of shares for them to do their job in creating and maintaining an orderly market.