Michelex Corp (fka MLXO)

[g-invest]

I finally realized just how little you've actually been paying attention to this stock. Cornell covered their short position in October. It doesn't matter that a cease and desist has been issued, they are already out. The damage from them has been done. Now, the problem is that MLXO is not reporting.

Cornell is out of this entirely, they no longer hold a short position in Michelex. If you have evidence that they still hold a short position in this, please, by all means, send me the link to it.

Only companies that are on the Reg. SHO list have uncovered short positions:
http://www.nasdaqtrader.com/aspx/regsho.aspx

What I am saying is that there is a new financier that the CEO is using for toxic financing. This is COMPLETELY seperate from the whole PIPE financing and naked shorting that Cornell was involved in. It is its own animal, it involves shorting, and then it involves the CEO willingly increasing the authorized share count afterwards to give the shorter their shares at predetermined financing levels.

The financier this time around will be compensated for the boosting of the PPS artificially and then shorting it back down by being able to buy shares for $0.0108/share. If you could buy MLXO, right now, for .0108 per share, what would you immediately do after buying it for that price?

I sure know I'd be selling. Which is why we're seeing the amount of shorting that we are.