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Re: Jim Bishop post# 22

Saturday, 04/26/2008 12:30:35 PM

Saturday, April 26, 2008 12:30:35 PM

Post# of 443
Jim, just to put a ribbon on this:

I'm afraid this stock could now become a NSS poster child.

This is one of very few securities the SEC ever prosecuted a Canadian naked short case -- and they were successful. #msg-28719698

And now, years later, the shares ARE actually cancelled. #msg-28801338

If I were a NSS conspiracy wacko, I would use the deletion of TRPH as an example of their UFO theory.

On the other hand, maybe one can imagine there was an offshore short somewhere. Should someone send an email to the SEC attorney that handled the case to make sure he knows the shares were ultimately cancelled?

The attorney might want to order some kind of data from the DTC or somewhere to see the final settlement of accounts on these cancelled securities.

Or, what? What would the money flow be? If someone out there had a reserve on their books of 2.50 a share for every share of TRPH they had short, that reserve would be released. Should they just check with NITE and see if they adjusted their reserves over the weekend for this stock? ;)

Trying to imagine where the money flows if in fact the NSS was real, offshore, and hidden. Not that it was, but just trying to imagine how the money flows in this scenario: #msg-28757551