Wednesday, May 10, 2023 10:57:14 PM
The word on the street is that there’s 6-8bln naked running here.
Who’s running naked here?
“Company has initiated legal action against certain market makers for AABB shares on OTC Markets. The Company’s attorneys have delivered demand letters to market makers ordering them to cease and desist the practices of naked short selling and the other associated illegal and rule violation activities intended to manipulate the price of AABB stock. These demands are the first step in the legal process and the Company is prepared to file an immediate lawsuit for failure to comply to the cease and desist order. Furthemore, AABB is in the process of gathering historical trade data, such as short sale failures to borrow and deliver, to support its legal actions going forward….”
“In regard to other legal matters, the Company is also pursuing defamation legal action against several parties for numerous false and malicious internet posts…”
https://www.stocktitan.net/news/AABB/asia-broadband-initiates-legal-action-against-market-makers-for-bevdqnkifm9i.html
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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