Friday, September 29, 2006 8:21:09 PM
The PR today stated using boards own equity, $ to solidify possible acquisitions. If the can create a reverse merger, all shares would be due and certs would have to be delivered.
IMHO, the short/naked short position is likely 5-10X the 9B amount, as brokerages have to disclose what the short position is an any given day only. The disclosed short position (1 day) has tripled over the last 3-4 months.
Best Regards
Not a buy or sell recommendation. My opinion only.
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