There's been no company that I've seen who could stop naked shorting, as it's considered legal, although often abused. #2. ...so he's going to issue enough shares to cover all of them. Was this his idea, or <b>required</b> by the powers that be? #3. Wrong, we'll still have IOU's. #4. The r/s is not set in stone, so don't go counting my eggs before the hawk gets them. #5. Let's leave luck out of it, and allow the SEC to enforce it's buy in rules for Once.