I spoke with Jonathan Feniak, of course like I figured he denied the fact that Cornell or one of their Hedge Funds buddies have any short position in Michelex. But his reaction to my questions is what I found Intriguing, he was very defensive and adamant about Cornell not engaging in short selling ANY company that they have a SEDA with, he said that would be breaking our agreement with the company and against the law. I said yeah but if another Hedge fund firm did it for you and it wasn't in Cornells name, then Cornell would be in the clear right? He says quote; "Why would we do that"? I said thats easy PROFIT! He said sure someone could of shorted Michelex from .25 to .02 and made millions but "WE DON"T ENGAGE IN THAT SORT OF BUSINESS"!!! I had to hold back from laughing. I said well there are countless news articles all over the internet about Cornell having a reputation for short selling the companies that they sign SEDA's with, I asked are they all untrue and Lies? He said YES THEY ARE!!! He said why would we do something like that when we make millions legally, I suggested; because you can get away with it LEGALLY!!! and make millions more!!! Thats what teams of lawyers are for right? To find the loopholes and make twice as much money off the same deal? He told me I was full of shit, and they news articles on the Internet are full of shit and my friend that worked as a Money manager for a Major Fund was full of shit also! HMMMMMMMMM Everyone is wrong except him,(Them)? Well I know I shook him up for sure. I said that the numbers for Michelex give it a Market-Cap of at least .13? He said bullshit. He said if there were a short position on MLXO it would be on the REG-SHO List, I said no YOUR WRONG, That is for Short-fails ONLY! I said the short position on MLXO is legit. See he thought he was talking to a Stupid-F*ck. But his bullshit wasn't getting past me. Then he blamed the drop in PPS on MLXO on the Chinese believe it or not! He says that the chinese are producing CD, DVD Jewel Boxes for .05 each while Michelex is producing them for .10 each, I said thats Bullshit Michelex has had 28 years of profit and they have orders they have had to turned down due to lack of capital for raw materials. He finally could debate me anymore and had to go saying he wasted 10 minutes on a fruitless conversation!!! Yeah maybe for him, but I think I got a ton of info out of him. His language toward me and attitude told me volumes.
