Thank you.
Julia...
Something "really big" indeed.
PM…
Thank you.
All the best.
Z4…
You're welcome.
And thanks.
And I don't know if you recall, or not, but some months back there was some interesting board chatter about the 'entrenched' position. Chatter regarding the parties behind said position supposedly having been in contact with management. Telling same (management) that the abuse would be curtailed if management would simply came across with a 'ransom' in the form of sufficient equity to cover the open position in full. And equity, of course, at a massive discount to market level.
And it is possible that such an overture was made. And would go a long way in explaining why management is so set on exposing the miscreants. Reducing the Outstanding count as they are. Preparing to stick it to the perpetrators in a very big way.
Management did, after all, come forward in a very straightforward manner. Letting shareholders know. And, thereafter, being very possibly contacted by the involved parties. And again...
'Management believes that our stock has been influenced by the illegal practice of 'naked short selling'. These people, or entities, are trying to undermine the shareholders' confidence in our Company, trying to induce you to sell your stock, and, in simple terms, hoping that if you do they will be able to buy back their short position sale at a significantly lower price. They use detailed and complicated systems, and even sell from overseas through other exchanges, to sell nonexistent shares all day long trying to create a disparity between legitimate buy and sell orders.'
'These unscrupulous entities strategize to create stock price erosion in an effort to try to force us to continue to dilute the Company to raise funds. As you know, we have invested significant money into our Company and hold a large position in stock that is not registered and cannot be sold. The float of the Company is significantly lower than the authorized and outstanding shares issued by the transfer agent. There are upwards of 300,000,000 shares that cannot, and will not, be sold into the market that could affect price dilution of our security.'
Could be that in the mounting squeeze play there's a little something 'personal'. For, if indeed, the referenced chatter represents actual fact? Well, the perpetrators have, certainly, no end of gall.
Going to be fun.
Not to mention profitable.
Gunning for the bad guys/gals.
With the balance of our trading week to see welcome green.
Cooler heads prevailing.
Management coming on strong.
AI
