Monday, January 24, 2022 5:48:17 AM
The amount is small, thus far, but maybe VTXB is issuing a cash dividend for other reasons. Maybe they have proof that VTXB has been naked shorted. I don't know actually, but I suspect at some point in time the dust will clear regardless with issuing a cash dividend quarterly and a 25-1 Forward Split. Let's put this into perspective.
With a cash dividend, the Marker Makers (MMs) that are assisting with the naked shorting (if it exists for them or their clients) can't mask a covering because they can't fictitiously create cash that is specifically designated to legit positions of shareholders that actually exist like how they can electronically create shares within their system to mask a covering of any naked short positions as suspected.
Then, with a 25-1 forward split, "if" any naked short positions exist, then the problem of covering will become 25 times greater for covering to take place after they execute the forward split. I haven't really killed any brain cells to verify if there are any naked short positions within VTXB because it doesn't matter what I think, it matters what VTXB thinks and then it matters what the market would think for a covering.
The news seem to be building up to a climax. So far, we haven't really seen any tremendous or huge news that would really really bring the interest from the market, but if they are sitting on some really big news, then VTXB will get very very interesting with all things considering. I'm patient enough to sit back, relax, and see what will happen.
v/r
Sterling
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