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Re: HARVARD LAW post# 17747

Wednesday, 07/07/2010 1:29:23 AM

Wednesday, July 07, 2010 1:29:23 AM

Post# of 23619
also, re the buyins report, it clearly indicates that about 100,000,000 shares were shorted after the reverse split at very low prices driving the stock down, this indicates to me that they drove barnett to dilution unwillingly so, I also think that its possible that the majority of shares issued by barnett still exist as certs and have not been registered for sale unless it was after the 100,000,000 share dilution by the shorts, dang, i cant imagine what it was like for barnett to see the stock tumble like that knowing that there were tons more shares on the market than had been issued. that had to totally suck,

I think that its very possible that the float counts certs but should not relative to the closeness with which many of those shares may be held. If thats the case odds are maybe even better than 50-50 that half or more of anyones current holdings are shares that shorts probably will have to buy back from us.

LOL, thats not a bad position to be in

-real