The Golden Lounge

[Jim Bishop]

LOL and this....shhh don't tell her, it was a 2-1 forward split.....they're going to be zillionaires.

http://www.otcbb.com/asp/dividend.asp?sym_id=uhcr

Posted by: penny_ta
In reply to: Dr Wonderful who wrote msg# 39283 Date:4/15/2008 6:28:11 PM
Post #of 39303

** UHCR - SHORT POSITION TALLY

Shares sold between Feb.9 and Feb.29 - got an illegal dividend. This is 4,337,726 shares. The short position is at least this big.
(Shares bought between Feb.9 and Feb.29 got a LEGAL dividend).

This doesn't account for the brokerage error in treating the dividend as a 1:1 forward split - that means for certain brokerages, ANYONE,
who owned the stock on payout day got a divi, even if illegally.

So you see, the short position could easily be somewhere in the 4-8 million range, if not more.

This has to be covered from a 5 million float that WE HOLD (9 minus the 4 million buyback).

Right now, it is likely that NONE of the brokerages are aware of this error, and the error will only show up on their system when the CUSIP # change/symbol change hits, and reveals the millions of illegal dividends that brokerages gave out.

The brokerages will then send an urgent memo to their clients to cover the short position within 24 hr, otherwise it will be FORCIBLY covered.

This is where the short squeeze hits full speed.