FormCap Corp (FRMC)

[xZx]

there was no need for a RS here, other than increasing the leverage on a short position.

traders see a chart like FRMC's and think "wow, what a runner", but from the standpoint of unscrupulous bastards who short stocks from offshore, they pump it up with minimal effort just to increase their leverage on the downside.

if ironridge has any more converting to do, i wouldn't be surprised to see that happen in the sub penny range. note how thin the market is on L2 and how easy that would be to manipulate.

they can quite literally do whatever the hell they want. naked short it to .0001 then ask the CEO to increase the AS and issue them shares to cover.

either that, or the stock gets kicked to the greys, a scumbag in management gets a slap on the wrist, and no covering is required.

the "race to the bottom" play is the biggest scam on the OTC. you can't lose when you set out to fail from the get-go.

jmho.