Big Mur, I just posted something along these lines.
Like I said, it is my understanding the "customer" for the TA is the company they are working for... not the brokerage. The TA doesn't issue any additional shares in cert form unless directed to do so by Keith Anderson/Hemi Energy. Keith has directed the issuance of ~45mil shares and those have been issued in cert form (144 and free trading) to various people/groups over the years. There is no more shares to be issued BY THE TA unless directed by Keith/Hemi. It is my understanding the shares being requested by investor are in street name held by their brokerage/MM and thus is the responsibility of the brokerage/MM to produce enough shares in street form to be converted to the investor's name. There is no such thing as this "can't be done"... it is only that the brokerage/MM doesn't want to buy the REAL shares that they naked shorted at a loss IMO. Again, it is the responsibility of the brokerage/MM to produce the shares... not the TA!
Edit: I originally removed this because I too get tired of talking of the "consipiricy crap" but I'll add it back in :)
Also, take note of how WDCO has been way out of the picture for quite some time. Well, look back at my posts when we were at .30 previously and I was pointing out how WDCO was giving out TONS and TONS of shares at .30. Well... notice how as soon as we start getting back close to .30 WDCO has come back down to exactly .30 on the ask? I don't think they have a mega shareholder looking to get rid of shares at .30 and think it is more likely they have yet to cover so will throw in a block (continued shorting) in an attempt to prevent it from getting away from them and them having to cover at a loss. All this will benefit us shareholders in the future because we have done our DD... MMs, evidently, have not :) The more shorting they want to do as the fundamentals of the company only grow... well, their mistake and their extra expense.
