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Re: Thehelm post# 7689

Monday, 05/05/2008 8:03:37 PM

Monday, May 05, 2008 8:03:37 PM

Post# of 154386
Thanks, I did miss that $50,000 part, I think I read it as short in the delivery of 10,000 or more shares OR over $50,000 worth of shares. But thats not what it says, it clearly says 10,000 shares or more AND the value is $50,000 or more. Makes sense, I can see where the SEC wouldn't get worked up if a MM failed to deliver 10,000 shares valued at .0002 per.

But anyhow, wow, yeah thanks for pointing that out, so thats a little different, that means a MM was at least $50,000 worth short in delivering to the clearing agency. And your telling me that went into effect when the pps was .004? Sheesh, yeah that means at least 12,500,000 shares that where sold have not been delivered.