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Wednesday, August 12, 2020 10:13:18 AM
I subpoenaed their Electronic Blue Sheet (EBS) trading records from FINRA which proved my suspicion. There were millions of illegal short sells every day, of every week, for week after week. MILLIONS!
People like Tim Sykes bragged about shorting SPNG. I see him mentioned along with AF on the CYDY board.
Let's not forget our own history, either. The Shkreli short squeeze caused our predecessor company's stock (KBIO), to skyrocket from 45 cents to $45, as I recall. That only happened because of the out-of-control number of shares held short.
Forget equity per share requirements for shorting, or securities or exchange rules (not that the OTC is an exchange, it isn't). We deposed an industry expert who testified that short selling is predominant in the market.
Rules are one thing. Facts are another. My review of the FINRA data is a matter of public record, since I provided that review to the judge who granted me the subpoena authority.
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