Michelex Corp (fka MLXO)

[SRT8]

investo7....you posted on another board.....

"This is pure Manipulation, I have the Feeling that the 8 Mil RESTRICTEDShares (CEO's Personal Shares) that the CEO put up as Collateral for that first round of Financing are being used to short against. Just my opinion. But it sure seems like alot of shorting going on, the 8 MIL Shares are Restricted for 2 years unless the CEO Defaults on the loan."

If this is the case, the company can counteract this action by issuing significant information in PRs that might drive the PPS up....thusly ,causing the shorter to be in a world of hurt....I suspect the only way he could be shorting against those restricted shares would be in a margin account.....WOW....get ready for a whopper of a margin call if ther PPS goes up.....if MLXO goes to OTC...he is cooked....He has been selling that which he does not actually own....He may have to cover soon by buying....big squeeze I hope