Friday, March 25, 2011 12:22:32 PM
For some reason the SEC doesn't see fit to take action these 282 FTDs!
From what I remember from another investment I was in, I had the same situation occur where that company did nothing to rectify the short position, so the SEC followed suit and did nothing! The only time those shares come into question is when they are outside the company and the company makes a share certificate call, pulls those shares from the DTCC retires the shares from the O/S and ( then file a SEC complaint).
The question is, are they IN HOUSE as a result of an over issuance (of allowable shares) used to make a debt payment in lieu of no cash? More than likely!
I remember a while ago Trey was above the allowable limit of issue-able shares as payment to YAGI for delinquent payments (per contract)?
Stated again......This is a FINRA report it is legit!
http://www.otcmarkets.com/stock/TYRIA/short-sales
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