Red Cat Holdings Inc (RCAT)

[investor2004]

BIG DOT! FRIDAY 1-12 FINRA REGSHO SHORT THRESHOLD FLAG!


This is huge news! As of Friday, 1-12, TFVR is officially in violation of REGSHO rules for shorts not delivered! Why? BECAUSE THERE WAS ONLY A FLOAT OF 4.4 MILLION TO START WITH BEFORE ALL THE SHORTS WERE SOLD ONTO THE MARKET! Ultimately, this IMHO pretty much guarantees next week we will see some major up tick because it will lock the ability to do more shorts up. Here is the Data.

01/12/2018 TFVR Timefire VR Inc. Common Stock Other OTC

Y N

And the link

Change the start date to Friday 1-12. Three from the bottom second page you will see TFVR.

http://otce.finra.org/RegSHO

I hope you all realize how big this is. Basically, when this hit with BTCS, for example, a stock that has an unrestricted share count of over 300m at this point, it was not soon after BTCS went from .08 that it had been artificially held at for a couple weeks up to .27 not that long after this violation hit the FINRA site. And of course, it has not been on there since that spike although many here know that the recent drop has more to do with the PRs and lack of a long awaited merger then massive shorting like was going on prior to the spike.

Thus, WE ARE NOW TALKING ABOUT TFVR, A STOCK WITH A 20-25M FLOAT/UNRESTRICTED, AND 20+ MILLION SHORT VOLUME LAST WEEK! Thus, it does not take a rocket scientist to realize the reason the flag showed up is that they are going to have to get whatever they do not have(must be a ton) left to cover those shares SOON... IMHO. This showing up is a very good sign that we will see a massive turn around on a stock with this size float next week. Maybe even much bigger then BTCS potentially although could be wrong. The more people hold, of course the higher it will go because...they have no choice and must eventually buy these shares to cover the flag. Also understand...sell or buy at your own peril but the reality is this one is about to get very ugly here on board here also since there is a ton at stake I am guessing. Watch and learn. They are backed into a corner here and they did it to themselves and the FLAG NOW IS THE SMOKING GUN THAT PROVES IT! People who are desperate will take desperate measures I am assuming because there are not many shares laying around here in the first place. Just sayin. Either way, great news for holders who believed in this stock! Just a matter of being patient.

Here is also the basic outline of the FINRA REGSHO violation actions that must be taken and perameters that gets a stock on this list:

"Pursuant to Rule 203(b)(3) of Regulation SHO and FINRA Rule 4320, a participant of a registered clearing agency (i.e., a clearing firm), that has a fail to deliver position at a registered clearing agency (i.e., National Securities Clearing Corporation) in a Threshold Security for 13 consecutive settlement days must immediately close out that fail to deliver position by purchasing shares of like kind and quantity.

So we are all smart here...and understand what IMMEDIATELY means also. GLTA.