Good reference info in Sterling's post.
The dynamic of SHO in my mind rests on two factors:
1) It actually occurs in two weeks.
2) SHO needs to have teeth (aka effective enforcement)
There was a link floating around about 2 weeks ago suggesting Regulation SHO was going to be delayed until May. I wasn't 'boarding' it much until late last week so I don't know if there was a correction to that link and indeed the confirmed starting date of Reg SHO is in 2 weeks. I hope that's the case.
Second, being enforceable is something which from Sterling's post appears that the SEC is going to take serious. I wouldn't be surprised if our good friend Mr. Spitzer from NY didn't have input in this regulation. If fully enforced, it is certainly a clean way to eliminate the NSS abuse.
Officers of NMCX must have planned for this time period, because by they seem to be laying the groundwork for becoming a threshhold security.
In my opinion today was simply a peek at their valuation, with clear language in the pr that there is much more value than even was being announced. They did this because if they report prior financial quarters and annums, obviously absent of today's news investors wouldn't see their value and potential. Now with the news, the value and potential is there for all to see. Investors will now focus on 'the now' and the future rather than the figures and minutia of prior periods. Hopefully all now see the value and that the reason for reporting is to become a threshhold company to take full advantage of Regulation SHO. Today goes a long way in growing market awareness and the investor base leading up to that time when they become a threshhold security. After today and with SHO looming, their potential at these prices is great.
Bo
