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I understand that, and thanks for the reply,

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blitz1856   Wednesday, 12/06/06 03:16:57 PM
Re: jabberstox post# 45278
Post # of 76860 
I understand that, and thanks for the reply, but it wasn't the tricky part of my question. What I'm asking is this: If the dividend is paid before the shorts even have a chance to cover, what is the net result? They owe a share they can't pay, but were not given the chance to cover in advance, which I thought was the whole point? What happens next? They have to buy a shitload of restricted shares directly from Don to pay out to the retail holders of the NSS?

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