Astra Veda Corp (ASTA)

[VeronicaFox]

Somebody?? That’s fairly elusive, No facts given, still. No one is abusively shorting ASTA. It’s hilarious that OTCSHORTREPORT is given as a source over the regulators. Best to realize OTCShortReport.com is a website started by scammers, astute traders know this. One cannot warn enough about OTCshortreports and their clickbait website. It’s humorous that it’s preferred over regulators, FINRA and the SEC - that’s just silly. FYI, OtcShortReport.com is compensated up to $1,000 for each banner ad appearing on their clickbait site. SMH

The Financial Industry Regulatory Authority (FINRA) is a government-authorized not-for-profit organization that oversees U.S. broker-dealers. It acts as an SRO.

Interestingly, OTCshortreport was created by Derek Ivany while he was running Myriad Interactive Media (MYRY) because he wanted to blame shorty for the MYRY share price suffering. Sounds very similar to what’s occurring here. I’ve read “Shorty” run into the ground, “massive shorting”, all of it is UNTRUTHS, and that’s putting it kindly.

OTCshorterport has no credibility along with Twitter and their pump-n-dumps. I’ve seen traders claim ASTA was to be $.15 over a month ago. Instead it’s currently $.0023, propped up by a $11.50 trade. That’s quite a discrepancy between $.0023 and $.15 cents, no? From $.0023 to $.15 cents would take over 5000% increase. LOL WAM

Fwiw, MYRY ended up getting suspended because of questions regarding the accuracy and adequacy of publicly disseminated information and possible market manipulation.

Clean up the OTC if that’s the desire, I would welcome it. But to claim it’s all because of Shorty is silly and not backed by any factual data. At best, it’s an opinion. I’m not fooled by all the FAKE Shorty claims. I’ll stick with the Regulators rather than using a clickbait site to access factual data. RME

The existence of unlawful naked shorts on ASTA is NOT a fact. What’s Funny still is how many traders seem unable to grasp a simple fact: that if a stock lacks significant fails to deliver, it cannot have a problem with naked shorting. The accounting of credits and debits results in an aggregate balance that is reported in FTD reports. Simple process since it is a Federal Reserve function.

There are no loopholes concerning FTD reports, NONE, not a single instance of inaccurate FTD reporting.

Note: Alpine has been under scrutiny for OTC stock violations for years, this is not new. In one of their cases they allowed the dumping of securities that were often not exempt from registration.