InvestorsHub Logo
Followers 24
Posts 4875
Boards Moderated 0
Alias Born 04/20/2011

Re: phoenike post# 129330

Wednesday, 01/31/2018 8:03:38 AM

Wednesday, January 31, 2018 8:03:38 AM

Post# of 163722
You got the answer in the email response you posted.

What you posted is part of an answer to a very lengthy email correspondence regarding the missmatch in the OTC sharecount. How did you get hold of that email?

I have not discussed the OTC sharecount anymore with the company after that response, I felt that my job was done after him expressing that they are trying to solve the collateral share issue. Even tough he claims that assuming that share price is going down because collateral shares is being sold in to the market is depressing the share price is "short sighted", it's rather people like me and short sellers who belive that the collateral shares is being sold in to the market that is the problem.

Here is one more part of that email that you did not post.

It’s my view that the outstanding balances owed on the above debt will be repaid through more conventional means in the not-too-distant future, hopefully relieving us from the constant insinuation that it’s because of collateral shares that the share price is dropping, and secondly, that short-traders are no longer able to rely on the negative sentiment assumed by you and other shareholders that provides them every opportunity to successfully apply downward pressure on the market.



Anyway, I will not put any more energy in to this issue, they are trying to solve it, that's all I can ask for. Now it's up to them to execute.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.