Bakken Energy Corp. (BKEN)

[DragonBear]

Now what does that amount to?

We know exactly what it amounts to for ORFG. As of 31-Mar-14, 20,460 shares of "Short interest". That's how many shares the MM had sold using Rules 200, 203, and had not settled by the reporting date. In mid April the figure could be any share number ranging from 0 to nnnK shares. It doesn't matter, there are no FTDs, no true Short positions for ORFG. We do not know how many shares the insiders have continued to dump since the last OTC filing. We do know management didn't bump up the authorized from 250M to 850M this past Feb, just for the fun of it.

What one sees with the great Short Conspiracy are folks adding up the daily "Short Interest" where 99% have settled within a few seconds of the trade via Rule 200. Nothing like electronic trading. There's even a 3rd party site which tracks and adds the shares marked Short by the MM as "riskless trades" from month to month, showing millions of shares "Shorted". Cries go up about how the entire float has been Shorted, or evil overseas NSS conspirators are at work. Who needs Rules 200, 203, when a storybook conspiracy is much more appealing - and less boring to discuss.

What I said and was getting at is that to avoid the dividends shorts would have to cover by the COB 4-14

Sort of unclear what you are getting at. ORFG isn't paying out in cash, they are paying out in brand new restricted shares being issued. Nothing like a tax burden while holding the restricted shares. It wouldn't affect a Short position, which we have already established, just doesn't exist in ORFG.