The Golden Lounge

[Stock]

Geez, I don't understand it, either.

Assume shell DUNG had a value of $220,000... By this, I am assuming $200,000 is the going rate for a clean shell these days (I added $20k to make the math easier for my small worm brain).

Assume there were 11 shares of DUNG authorized and outstanding.

That's $20,000 for each share of DUNG.

Now, someone sells naked short 138,000 shares of DUNG between $2.00 and $10,00 a share, by some mistake, miscalculation, whatever.

Ignore the fact these 11 shares of DUNG and the 138,000 share naked short position of DUNG traded with due bills. Assume nothing happened between May 20th at 4 pm and Monday, June 27th.

Now, there are still 11 shares of DUNG out there and somebody is 138,000 shares short DUNG -- correct?

The DUNG company might decide to increase the authorized and outstanding shares of DUNG and devalue the 11 shares they own. But why would they do that?

GVRP math -- I don't understand. But I think I understand that someone is still massively short 138,000 shares of GVRP... give or take a few billion, lol.