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Thursday, June 09, 2011 10:35:52 PM
At .03 per share there would have to be 1.666 million shares short for this rule to kick in (as I read it $50,000 worth of stock) So what happens if there is only 1.665 million shares short??? How about if there is only 9604 shares short as the web site shows???
I have talked with the transfer agent, the company, my broker and FINRA and noone seems to know how you determine the actual short position nor does anyone seem to know how to interpret and or enforce this ambiguous SEC document. Maybe you can shed some light on it.
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