Notis Global Inc. (fka NGBL)

[Risicare]

A Favorite shorting tactic is to yell R/S when there is not one trying to scare away potential buyers.


There are now close to 10 billion shares outstanding (unless goldfarb did not unload, then ~8 billion)The A/S is 10 billion. With convertible debt that at this point would probably bring the O/S to more than 100 billion shares. Even the dumbest of the dumb can see a reverse split is assured. The company has no money and an untenable share structure. They can either shutdown or reverse split, there are no other options. It really does help to read the filings, even if the information is nearly a year old due to the company being stone broke.