Monday, April 07, 2008 4:05:01 PM
Being on SHO LIST: Failed to diliver .. = more shorted shares than shares out there to borrowed. If O/S not in paper are 250 millions and it gets on SHO LIST, that means the shorties can't borrow shares to deliver. That equals OVER BORROWING from those sources that could be borrowed. Which could lead to naked shorting situation.
Per last CC, Dan mentioned that he will meet the lawyer to work on the new company spin off right away. It will take about 45 to 90 days (if i remember the time right).
That CC was around mid Feb. So ... we are about 60 days from that date. This can get very interesting. We have heard rumors that the financial was done, we get a lot of things going on the back ground etc. But there hasn't been anything to confirm it. It's either very good news coming or it's very bad.
FEATURED North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • Aug 5, 2024 9:00 AM
Fifty 1 Labs, Inc. and All-In-Extracts Announce Joint Venture to Develop and Release New Testosterone Boosting Supplement • BLEG • Aug 5, 2024 8:30 AM
Kona Gold Beverages, Inc. Announces Strategic Initiatives and Corporate Direction Changes • KGKG • Aug 2, 2024 2:00 PM
POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • POET • Aug 1, 2024 9:28 AM
Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024 • GAHC • Aug 1, 2024 9:14 AM
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business • VAYK • Aug 1, 2024 9:00 AM