Zicix Corp (ZICX)

[stervc]

Two Key BEDA Points to Understand…

BEDA has the potential to be very huge for a few reasons, but I will stick to just two for now. I think the first point to understand in moving forward as a BEDA shareholder is the post below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45941030

The next thing to understand is that the ”official” Float for BEDA is 404,827,453 shares as per the company per the PR below:
http://finance.yahoo.com/news/Bederra-Corporation-Reports-iw-2615327063.html?x=0&.v=1

The Transfer Agent (TA) is ungagged and the share structure has remained unchanged for a few weeks which reduce any dilution concerns. BEDA has been on the Reg SHO List for 35 consecutive trading/settlement days which goes back to Dec 17, 2009. Since then and as of yesterday’s close, BEDA has traded 2,661,609,176 shares and has moved in an upwards direction in a very huge way since Dec 17, 2009. Much of the volume originated since Jan 6, 2010 where BEDA opened up at .0003 per share. On Jan 26, 2010, BEDA closed at .0024 per share. BEDA has since stabilized to trade in the .0011 to .002 per share areas which is a far cry from the low of .0003 per share.

That volume and upwards price movement leads me to think that at least 70% of that volume was probably buying, if I had to guess, to push BEDA from .0003 to .0024 per share to stabilize far above its lows or we would have been ”overall” trading down closer to the .0003 per share area instead of up from the origination lows if such was selling versus buying. About 30% of the 2,661,609,176 shares traded were probably from selling with again, about 70% being buying if I had to guess. With this thought, consider below:

Let’s solve for x where… x = 70% of 2,661,609,176 shares:

x = .70 x 2,661,609,176 shares
x = 1,863,126,423 shares

So, with the volume from the 35 consecutive trading/settlement days, as of yesterday…
70% of the 2,661,609,176 = 1,863,126,423 shares bought
30% of the 2,661,609,176 = 798,482,753 shares sold

That also leads me to think that somewhere well over a billion shares have been bought and are still held by investors; retail and all. I say this because even if you consider the numbers I derived above and subtract the shares sold from the shares bought as shares helping to cover the naked short, the difference is over a billion shares bought as shares still needing to be covered.

Understand that these numbers are not exact and don’t need to be exact. It just needs to be understood that the number of shares needing to be covered is some large number. I say this because no matter how you increase or decrease the ratios I used above, it should be very easy to see that the numbers are large for shares allowed to be bought above the already 404,827,453 shares of the Float that were already gone.

Something important to again keep in mind is that before any of this volume had transpired, BEDA was already on the Regulation SHO Threshold Security List indicating that the Float was already ”officially” zero as there was no ”official” inventory of shares available to sell to the public. As you can see, a large number of shares were allowed to be purchased from an already inventory of shares that was in a deficit. This in line with a naked short position that has been ”officially” confirm with BEDA still being on the Regulation SHO Threshold Security List for now 35 consecutive trading/settlement days. This is not speculation. This is fact as confirmed here below:

http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold


I think this is worth me explaining it again. BEDA was on the Regulation SHO List well before this volume ever started. This means that there was already a deficit of shares available for the public to buy. This means that the Float was already ”zero” before this volume of 2,661,609,176 shares had come in of which I think 70% of that volume (1,863,126,423 shares) were shares bought and held. Even if you substantially decrease that number down to a number more conservative, it’s still a lot.

To better put it, the ’official” Float for BEDA is 404,827,453 shares. Those shares have been ”officially” gone and bought up already for 35 consecutive trading/settlement days. Since then, the deficit has grown to a number much larger than the deficit that already existed before the 2,661,609,176 shares of volume kicked in to move BEDA from a low of .0003 to a high of .0024 per share to stabilize in the .0011 to .002 per share area. If I had to guess, it looks like a “buy in” is going to have to transpire soon as according to the SEC, the MMs have 35 days to cover as indicated below:
http://www.nasdaqtrader.com/TraderNews.aspx?id=ra2007-086

According to the Buyins.net report, so far, BEDA has been listed on the Reg SHO list for 35 consecutive days and is listed on the “Imminent Buyin” list:
http://www.buyins.net/tools/short_list.php?dys=%3E12
http://www.regsho.com/tools/short_list.php?dys=>12

We are currently at day 35 where some type of covering should eventually begin to kick in soon in my opinion. As from following the stocks on the Reg SHO List, not many stocks remain in the ”needing to be covered stages” very often. This leads me to think that this will be ”officially” resolved through shares being bought back as mentioned by the market authorities to rectify this issue again in the link below:
http://www.nasdaqtrader.com/TraderNews.aspx?id=ra2007-086

As the price stabilizes and/or continues in an upwards direction, it could become much more costly to rectify for those entities responsible for covering. Due to the company buying back shares and the pressure from retail investors buying shares too, this could cause some very serious buying pressure to kick in if news of substance is released to confirm a major close of the several acquisitions they have lined up. If this happens, I think it would be fair to ”expect” some very serious price appreciations.

With BEDA being on the Regulation SHO Threshold Security List, here’s what it means (a must listen):
http://www.businessjive.com/

Then listen to this below by Senator Robert F. Bennett:
http://www.cnbc.com/id/15840232?video=652216599&play=1

Things could begin to get much more interesting around here for the better. I think it’s still just a little premature. The maturity starts when the first of several acquisitions are closed. Every day that BEDA goes uncovered is a day of extra pressure building to a climax.

v/r
Sterling