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Re: jdheart101 post# 297934

Friday, 07/31/2020 3:27:26 PM

Friday, July 31, 2020 3:27:26 PM

Post# of 703817
I understand your explanation relative to why if NWBO were to go bankrupt that the theoretical Big Pharma company that naked shorted 200 million would get away scot-free since the stock value would be worthless, worth zero dollars.

Can you explain in more detail why if the theoretical Big Pharma company that has the 200 million shares shorted and then buys the company for 20 billion after approval does not have a big financial problem to deal with.

Schematic below is a representation of naked short selling highlight it in two steps. The short seller sells shares without owning them. They later purchase and deliver the shares for a different market price. If the short seller cannot afford the shares in the second step, or the shares are not available, a "fail to deliver" results. The transaction generally remains open until the shares are acquired by the seller, or the seller's broker settles the trade.

After purchase NWBO may be their stock, but if NWBO price sky rockets how does the Big Pharma company that shorted 200 million shares not have to deliver those shares to whomever they sold them to? Are you saying they will just issue another new 200 million shares? It would seem like there were be a minimum of several months before the purchase of the company could be finalized. Are you suggesting that they would instruct Linda Powers to issue 200 million more shares to settle their naked shorted shares? I would like to be a fly on the wall in the room when they make that request of her after all the pain that caused her smile. I am not seeing this as being so simple to resolve IMHO.


Men who are occupied in the restoration of health to other men, by the joint exertion of skill and humanity, are above all the great of the earth. They even partake of divinity, since to preserve and renew is almost as noble as to create.

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