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Re: TigVT post# 38450

Monday, 12/05/2016 11:22:22 AM

Monday, December 05, 2016 11:22:22 AM

Post# of 127559
Depends on if Tom's able to get a contract on MoM before the end of the year. If we go into the new year w/o the marketing of MoM, AND if we do not hear from Tom in the form of an update on MoM specifically, there'll be a lot of unhappy campers selling it down into the teens. MM's love that as they can naked short INMG and pull in a profit. Even though it's illegal for us , MM's can legally do it , selling shares they don't actually own, on the false premise that the demand on the shares requires them to have plenty of shares on hand (more than they actually own) to accomodate the "large volume" of trades. It's an allowance by the SEC to keep trades moving along. It's kind of like you overdrafting at the bank because of a sudden demand on your finances and the bank (the SEC) has given your account overdraft protection. You (the MM) don't actually have the money for the purchases (the trades), but you can buy them anyway.

It's up to Tom to let us know things are proceeding without divulging any sensitive info on the actual contract negotiations.