Hall of Fame Beverages, Inc (HFBG)

[goldenstone77]

The settlement trades don't affect the trading during the day because they are mirror trades based on the client's sales for the day. They have no purpose other than to record what the market maker gives to the client after the trade is wrapped up. Yes, market makers naked short stocks on a short-term basis and will go to other market makers for the shares to cover. However, compliance doesn't let them short to the degree that we are seeing with the settlement trades. These are millions of shares being sold by a person, not a market maker doing it for his jollies. There is a big misconception about prolonged periods of naked short selling on the otc. It doesn't happen as much as people think. It is the Company's fault. They issue the shares. Those shares hit the market. Lets see a press release from the company telling us what the shares outstanding are and how the company is funded.