Logiq Inc (LGIQ)

[ICXCNIKA]

Hypothetical way to force a short squeeze.

If one were to transfer one's shares out of the brokers street name and into the Direct Registration System (DRS), would that force the broker to settle those shares and potentially buy-in?

Suppose a sufficiently large set of investors in the float all requested a transfer of their stock into the DRS or alternatively requested physical certificates, this should force brokers to settle. I understand that this is the whole idea behind WEYL's attempt at the dividend, but the brokers seem to have resisted complying with their obligations.

Just curious how much of the float you would need to do this together to force the buy-in. Assuming most shareholders submitted their information to WEYL the company should have the information to coordinate this. I also know there are some large holders on twitter with 10% of the float.