Cartel Blue Inc (CRTL)

[pitadog]

I spoke of the possible shorting by Carnage and friend a month ago. No reason to think that they have done anything illegal, as far as I know, in shorting against the shares that were received in liew of notes via the loan deal set in 2006.

So, K & L got 191 million shares and SGLS got 85 million shares=
276 million shares to short against. Now, at some point, unless they can drive the company into bankrupcy, they will have to cover the short selling, which probably is not more than they own, they can cover with owned shares. That would be worst case for them. Best case would be to buy back shares with cash to some point, then use owned shares to cover if needed to protect their profit. Then ride the ride of a rising pps with the good news of contracts, sales, profits, etc... I think this is how they have played it... jmho dog