Monday, December 03, 2007 8:00:31 AM
will put massive pressure on all brokers to make sure all shares match up.
With 4.9 billion now estimated to be long with 142 Ihubbers and 260 shareholders unaccounted for whats going to happen when the transfer agent realizes that the float is underwater.
This has huge implications and the Shorts will be under massive pressure the next 3 weeks to cover all shares.
This is the best news we could ask for as 100 percent of all shares will be checked by the transfer agent prior to the new name change.
Hold onto your shares because with the float in Strong hand and massive new investors coming in the Shorts will have nothing to cover with and will need our shares bigtime in the next few weeks.
All the pressure now is on the MMs and brokerages because if the transfer agent finds out that there are not enough shares to go out then there will be some severe consequences to the to the parties involved with the missing shares.
This is looking great. Kinda like a cert recall to where all shares have to be verified.
The transfer agents will require a full accounting of all stocks held and certification of ownership prior to issuing stock under the new ticker symbol. Obviously, this will put substantial pressure on any holders who have profited by overselling the EFGO stock. If the short sellers do not cover their position, they will be facing a failure to deliver, and the very significant consequences that entails
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