BioCurex, Inc.(fka BOCX)

[Gold Seeker]

Opportunity, the fact that the short is not concerned about being on the naked short list tells you that he probably will not have to buy on the open market to cover.

Also, the fact that Smithline immediately requested to convert notes on Sept 17 and Sept 30 and now apparently is not immediately converting notes says there may be a problem.

Moro may not be giving Smithline the shares to cover or Smithline just may not be requesting shares to cover. IMO, some interesting events may be occurring between Smithline and Moro. Smithline for shorting the stock and maybe Moro for not promptly giving Smithline shares to cover if Smithline has requested to convert more notes.

IMO, I still think this is one method of paying off the loan and Moro does not have to discount any shares to raise cash to pay Smithline.