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Thursday, April 01, 2010 11:06:58 AM
I also don't think that with current electronic system and DTCC way of holding shares............ they don't ever have to produce certificates and force a "real" short covering.They changed the game to remove that risk for them by using the DTCC method of electronic accounting.
IPWG can't call in the shares for a company name change or cussip change because of a chill. Can't have a short covering rally unless a certificate recall is done.......so.....a "catch 22" condition exists .....IMO
If they (the conspiratorial crowd) let IPWG get away with calling in certs to escape the spiders web.............all other companies in the same web could escape also with this method.There is to much at stake by letting just one company escape,IMO. It is like the IRS..........if one person can get away, the whole system fails.
Also..............we are all hanging our hopes to this ludicrous notion that a bank would lend a chilled company $350 million and not care about the chill??.........what kind of bank is that? Most banks want to see last years stool samples to dissect everything I have consumed before they let me get into debt with them,IMO.
I don't think Benvengo will say that the chill and the loan are not connected. Somebody get that in writing .......I want to see it.IMO, they have to be connected............hence the silent delays and no money yet.I think it is all connected...........but what the heck do I know.
Rumor mongers say it is not connected......but how often have they been right?they say we all bought on false rumors and false DD in the past.So what is so real about this present situation and DD available.?
Oh.Yeah It comes from a Mitskie in the emerald Isles and and he got it from Pinochio.........and it is all transmitted by cell phone messaging world wide to be picked up by Mr Ebbtide and the "no brainer" UFO crowd of Florida golfers.
I want to believe............but my brain keeps on failing me and will not shut up.
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