Cytodyn Inc (CYDY)

[LongTkt]

Source of Naked Short Sellers Market Access??

In a market where rules are obeyed, SEC Law enforced, and immediate action taken against criminal actors; this is true.

BlackOps you need to think bigger!

I stumbled upon a few articles that, when considered together, fits CYDY short seller problem. I admit, this is borderline conspiracy theory stuff.

CYDY is listed on the Berlin exchange.
Why? Who authorized it?

Berlin exchange unwanted home to Colorado firms
* Berlin listings are part of an effort by short sellers to circumvent amendments to Regulation 3370 of the National Association of Securities Dealers (NASD) to curtail naked short selling.
* Listing on the Berlin exchange creates a dual listing that's part of an attempt by naked short sellers to take advantage of an international arbitrage exemption in the U.S. rules
* One Securities and Exchange Commission attorney told him, "You need to get out [of a Berlin listing], because it's not good."
* In most cases, if not all, German brokerage firm Berliner Freiverkehr is responsible for the listings

Naked shorting -Stung by the German connection
*US companies fear that exemptions for international arbitrage trades in the SEC's Regulation SHO, and the fact that foreign brokers are not subject to US delivery requirements, makes it possible for traders to get away with naked short selling in the US.
* Companies are astounded that their permission was never sought before their shares began trading in Berlin. But under German rules, their permission is not necessary.
* All that is needed for a company's shares to begin trading is for a broker to nominate it. The broker then buys the shares from the home market, quotes them in euros and trades them in Germany.
* suspicious about why about 1,000 OTC bulletin board companies were nominated for trading in Germany
* Freiverkehr brokers cannot lend stock but as market makers, can short sell, so long as their books are covered within two days. If there is not enough liquidity in Germany to complete a trade, the German market-maker would go to a market-maker in the US to get it done. According to brokers, naked short selling is not possible in Germany because of the strict settlement requirements.
* Although every trade is automatically reported directly to the federal regulator BaFin, experts on the German securities market describe regulation of the Freiverkehr as "insignificant". Many rules simply do not apply. While an ordinance was recently introduced to cover market manipulation, the rules are very broad and enforcement experience is lacking.

iTalk Comments on Unauthorized Listing on Boerse Berlin Stock Exchange and Naked Short Selling
* Naked short sellers can list an OTCBB or OTCQB traded company on the BBSE in order to delay delivery of shares under the short position.
* Based on other recent unauthorized listings on the BBSE, the Company believes this is the first step in what will be a significant naked shorting attack directed at the Company.
*On April 26, 2013, another OTCQB traded company, Lot78, Inc., announced that a similar naked short selling tactic had been utilized to potentially negatively manipulate the price of their common stock. Subsequently, after bringing the scheme to an apparent halt, short sellers were caught in a "short squeeze".

TRYING TO MAKE SENSE OF THE SHORT SQUEEZE ON LOTE AND HOW THE BERLIN EXCHANGE COMES INTO PLAY
*The last 5 - 6 AwesomePennyStock plays have all listed on the Berlin stock exchange using - Renell Wertpapierhandelsbank AG
* There has to be a reason why these big name promoters need/want to have their tickers trading on the Berlin exchange.
* anybody including the promoter or one of the market makers that are participating in the illegal wash trading or illegal naked short positions could have applied for the listing there.
* If we are to believe other parts from Jhound212 the short position was created by WDCO (Tony Kerrigone), Cantor Fitzgerald, and a large retail investor.
* It probably is no coincidence that they all used the same broker in Germany for the listing

Company History
* Berliner Freiverkehr AG is a subsidiary of Berliner Effektengesellschaft
* The 100% subsidiary Berliner Freiverkehr (Aktien) AG (now Tradegate AG Wertpapierhandelsbank) starts all-day trading on the off-exchange platform TRADEGATE® with an open order book and immediate automatic execution without brokerage or other additional fee

Tradegate Exchange
* The Tradegate Exchange is a securities exchange specialized for private investors. Currently, around 30 trading participants from Germany, Austria and Great Britain are directly or indirectly connected. Around 14,000 securities (shares, ETPs, bonds and investment funds) are tradable. Orders are generally executed in full. The advantages for private investors: no transaction fees and free access to real-time price data and various indices - also via app. The Tradegate Exchange is a "regulated market in the meaning of MiFID".

* As a Market Specialist, Tradegate AG is active in all equity classes and ETFs. A second Market Specialist (mwb fairtrade Wertpapierhandelsbank AG) provides quotes for bonds and funds. At present, mainly online banks from Germany, France, Austria and the United Kingdom are connected to the platform.

Now back to my original question: Why is CYDY is listed on the Berlin exchange? For naked short selling

Who authorized it?
Lead Broker in Germany: mwb fairtrade Wertpapierhandelsbank AG