$LAHO ..180-day extension to complete the acquisition of 100% of Global Stem Cells Group Inc (GSCG)...The Company intends to now file a form 10 to reregister its common shares with the SEC and to locate a market maker to sponsor the Company in a 211 filing to reinstate trading of the Company’s shares.
..These abuses of "naked short selling" mainly occur in the OTC market. In crafting rules to address this problem, the Commission should look at the larger picture.
"“Naked” short selling is not necessarily a violation of the federal securities laws or the Commission’s rules. Indeed, in certain circumstances, “naked” short selling contributes to market liquidity."..This may occur, for example, if there is a sudden surge in buying interest in that security, or if few investors are selling the security at that time...The value of a stock is determined by the basic relationship between supply and demand.
SEC FAILED TO BAN NAKED SHORTING IN TOTALITY let's send a clear message.
THE AROMA OF FEAR FROM REPEAT OFFENDER-PARTNERS.."KNIGHT" & "MAX".BEST REPROACH FOR MYSELF IS TO HOLD HOLD HOLD.!!! WILL HEAR UPDATE OF CLOSURE WHEN MEN OF LETTERS COMPLETE TASKS AT HAND.