Zicix Corp (ZICX)

[stervc]

Patchman, with your thoughts...

Your thoughts are appreciated. I do not believe that you are here to mislead. By all means, I am not the "all knowing" for interpreting any data. I simply explained how I interpreted the data as it was explained to me.

You do see that the way how you explained these current thoughts you have posted actually could be thoughts to justify that a short/naked short position could be far greater than the numbers that has been reported. I say this because FINRA did tell me that MMs can short the same set of shares over and over again to fill an order. Heck, I’m just too tired to explain the scenario that would generate why I stated what I did above. Heck, my brain is a little fried right now on the issue.

Bottom line, the hope is that whether the short/naked short positions are big or small, it would be nice for them to just be covered and BEDA removed from the Reg SHO List. Then it would be good to have BEDA do what we all are hopeful in them doing to initiate/complete their buyback of 50% of their Float and close on their acquisitions. This is the substance that will be required for maintaining any kind of huge price increases into the pennies.

The lady from FINRA did tell me that although my thoughts made sense, it is still hard to know for sure just how large the "Failure to Delivers" in need of being covered could be since there is no way that the amount of shares covered could be tracked. She did agree that if I was aware of where most of the buying has been coming from, then that could make a difference for knowing how great or if the deficit of short positions is actually growing. In the case of BEDA, I think that the short position is over 2 billion shares, but even as a worst case scenario, considering if some covering has taken place greater than I had expected, I think it’s still somewhere over a billion shares shorted/naked shorted generally speaking.

Here with BEDA, we might just have to simply agree to disagree and if I am wrong, then please forgive me for being stuck on stupid. Believe me, I have had my moments of being hard-headed and dense. Or if you like, I can send you my phone number in a PM and we can discuss this over the phone to keep from clogging up the board. I mean no ill will towards you and I am only posting what I still believe.

Correct me if I am wrong, but you are saying that there is probably a short/naked short position needing to be covered, but you don’t agree with me in thinking that it is in the 2 billion shares area?

v/r
Sterling