InvestorsHub Logo
Followers 1
Posts 602
Boards Moderated 0
Alias Born 06/06/2006

Re: best2listen post# 11813

Sunday, 05/30/2010 2:01:23 PM

Sunday, May 30, 2010 2:01:23 PM

Post# of 14027
Not sure what to make of the 8K but it sounds like CTBG is going to issue sufficient number of shares to cover the shortage in the CTBG shares. What's done is done. Too little too late I think.

Most brokers covered the short position ignoring the court order not to do so. This has resulted in some disastrous consequences for many shareholders. Wonder if there is enough cause for a class action to recover the significant losses?