Beyond, Inc. (BYON)

[drobx]

Finally some clarity. 1) Byrne's message said that the reason for the dividend was both to get people signed up with tZERO and to screw the illegal shorts. 2) The SEC's action seems to address the aspect of the dividend that I thought was not kosher, which is that the short sellers would have no market in which to buy the digital shares they needed to cover their obligation. The SEC said they can pay a cash equivalent instead. So the company will redo it later and make the shares received immediately tradeable. As I see it we will have a repeat of what we've seen over the last few weeks when the new deadline appears. The only question is will the plan work this time, or will the SEC bail out the short sellers again?

Other notes:
3) Oddly, my OSTK shares I had out on loan were returned to me a few days ago, and stayed unloaned even amidst Reg SHO being invoked. Today I got a new request to borrow. The interest rate being paid to me is 20%.