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Re: ks1977 post# 130565

Sunday, 02/18/2018 10:51:46 AM

Sunday, February 18, 2018 10:51:46 AM

Post# of 163719

Dan was wrong about the collateral shares it seems.



Not necessarily. Perhaps I can figure it out if I have a bright moment. But this is going to be one big puzzle, again.

but what is "payment for services to chinese parties"? In shares?



Yes. Could be consultants.

the bonus-shares for consultants that are dumped into the market right before the chinese new year?)



Some of it. Usually you have to hold the shares for at least 6 months. You can't just issue shares and then dump them. SEC rules. Alternatively, they can be sold if the debt is at least 6 months old (effect is the same). What we are probably looking at, ahead of the Chinese new year, is some shares being sold that were issued in May/June of the previous year. And they took a heavy loss on those, this year.

I have said many times, Solomon shouldn't be issuing shares to people who do not want them. In China. But that's easier said than done. The only solution seems to be, pay them 100% in cash.
You have seen the devastating effects these past 2 weeks. And there haven't been that many sold. But you get these T-trades, short-scum, front-runners etc. and the Chinese sellers are not getting a good price for their shares either.

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