Nutra Pharma Corp (NPHC)

[I-Glow]

Sorry but you are wrong - unpurchased Liabilities isn't shorting. Actually the Twitter guy used the term unpurchased Liabilities when the term is unpurchased securities.

"In the event if any of the Investors directly or through their Affiliates and the Sponsors are not willing to buy its proportion of the Unpurchased Securities, then the Company will have the option to issue these Unpurchased Securities to any Person as the Board may deem fit."

The Twitter guy uses the term unpurchased debt which is meaningless.

This is more nonsense from Reddit - securities sold, not yet purchased has absolutely nothing to do with shorting. It is a term in accounting for off-balance-sheet risk as the Company’s subsidiaries’ obligation to repurchase such securities may exceed the amount recognized in the consolidated statements of financial condition.

If the price goes up then Citadel shows a profit and if it goes down then Citadel has a loss.

But they are betting on the price going up - in shorting if the price goes down then it is a gain/profit and if the price goes up then it is a loss.

The Twitter and Reddit guys are clueless.

IG