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Re: faqt post# 41903

Tuesday, 05/01/2018 6:29:38 PM

Tuesday, May 01, 2018 6:29:38 PM

Post# of 96905
Yes, those are "Covered" short positions.

Equity Short Interest. (The other tab; dark blue; on right).

Meaning, have stock in their possession or own enough shares.

https://otcshortreport.com/company/UOIP

ESI only reported twice monthly (as indicated).

MMs will try to close the gap, "Cover" (or buy back), b4 reporting.

They borrow stock to make the market.

Most of the time works b/c very few OTC BB's become profitable, have routine dilution and occasional reverse splits.

Odds of shorting are in MMs favor, but may not be the case here.

Could you imagine deal announced and stock goes to .20+?

Most importantly, I believe in this stock. At this point, have > 80% chance of winning (as someone provided link and chart of where we are in legal process with precedent wins).

And I appreciate all of you too. This is one of the very few (if only 1) OTC BB stocks believe in.

Outstanding board.

Til tomorrow, Scruffer

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