Why would Megas sponsor Sytner?
Do you understand how much cash Lido, Stew, and his cohorts had at one time? You only need a contract showing you can guarantee delivery. As an insider, pretty easy to make that contract (real or forged).
Lido likes to forge stuff.
the only way any broker should accept waiting a whole year for the shares is if Megas sponsored Sytner, then the brokers MIGHT accept a letter of credit signed by the issuer of the shares which was Megas.
however, the hole in your theory is that the DTC is claiming the extra shares are counterfeit, and wants Megas to issue shares directly to cover them.
Right, they saw what appeared to be an illegal short position mysteriously covered to the tune of 240 million shares. Why would the DTCC not expect otherwise on the rest? Do you see any other lawsuits against supposed short sellers by Megas?
Win a legal judgment showing someone else is illegally short and then go talk to the DTCC. Go legally prove those additional shares are fraudulently issued and then demand why the DTCC wanted Megas to cover. It's all about the legal judgment.[/B]
