Dr Worm: I'd love to see some kind of huge short squeeze, but I'm not into believing that shorting is a major problem with stocks in this price range, particularly when I cannot find any evidence that such shorting exists for a particular stock.
And, if your potential scenario is correct (I can be wrong, often am), aren't the persons that would have had control of the 120M shares that will no longer exist be the ones who would have had to short those shares, and aren't they the NJJ owners, the same guys who now run the company?
I hope you're right, and I'm wrong, but I personally believe the whole mess comes down to getting most of the VAT funds, and relatively soon. Looking at the financials for the the seven months given in the 8K, I see a positive result only if VAT funds are paid, and even then there is a huge one-time gain that I have yet to figure out that puts the company over the top, but does not appear to add anything to the cash position.
It is possible TCLL can come out of this a huge winner for all its stockholders, but I'm not going to hold my breath waiting.
Good luck to you on this and all your other ventures...
