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Re: tryn2 post# 222386

Monday, 04/15/2019 12:51:55 PM

Monday, April 15, 2019 12:51:55 PM

Post# of 822591
Hi tryn2, sorry for this late reply.

From the public-known information, it is no way anyone can draw a definite conclusion on how many naked short shares are there. Nonetheless, the company via Les has repeatedly told some investors that there has been a widespread naked short campaign raised against the company. It is no reason for me to totally discount his claim as he certainly has more information in that regard than anyone outside the company inner circle.

Moreover, the pattern of trading over the years has strongly pointed to that reality. At this period of time when share price has been beaten so badly from over $12 to the range of one and two dimes or so, if the short really want to make more money if they have covered they should have hyped the price instead, or at least let the price go of the freedom up to the market so that they can short heavily again knowing the company is an eventual bust. That is how it usually happens when a company approaches a binary event while its share is trading low. But the fact is absolutely opposite:

The short have never given up, and instead have seemed to intensify their efforts. Particularly whenever there is or there is an anticipation of a new positive information there will always be a coordinated campaign to damp the hope and the enthusiasm via renewed FUD in message boards, mysterious change of trading status of the company shares (remember the pink sheet twists), suddenly brazened sell of stock, etc. and if the enthusiasm or appetite for shares are high, they would usually wait for a while, and the price would almost all the times come off the high, and once again trade in a narrow range. Any FUD and brazen accusation always comes with some coordinated selling, a selling of no reason at all.

So I believe besides the legally traded short shares of around 11 million, there are at least multiple that numbers of shares sold naked. As a result, I do believe there will be a monstrous scale short squeeze if Les' numbers are correct or at least a major short squeeze if my conservative estimated numbers are correct.

GL
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