Sarissa Resources Inc (SRSR)

[easymillion]

dmbao-"those numbers very hard to believe"
They are even harder to believe if you average them out over a month or more.
The daily FTP site is here:

http://regsho.finra.org/FORFshvol20111014.txt

If you want the Daily FTD average for a month you need to compile it in a spreadsheet.
If all you are looking for is the monthly "short" report also put out by FINRA (it is actually bi-monthly) it can be found here:

http://www.otcbb.com/asp/otce_short_interest.asp

The monthly "short" reports do not even come close to what figures are represented by averaging the daily FTD numbers and percentages. Reconciling the two without transparency is impossible.

When and if Scott issues shares of a newly created company to current shareholders, all shareholders will receive these new distributions in their accounts from their brokerages. If the new shares have significant value, any sizeable existing short in SRSR should be revealed as it becomes too expensive for MMs to maintain short positions in SRSR, and have to buy into a market of shares in a newly created company, IMO.

From an earlier post, but germain to what you seem to be asking:

Something going on when MMs don't have shares in their inventory to cover sales, and yet don't even bother to locate shares. Not normal market making, or maybe it is. The percentage of FTDs seem unusually high, and yet, these all seem to melt away in monthly OTC short reports, which is why I suspect wash trades may be in use for sleight of hand manipulation to cover short positions amongst MMs on many penny stocks. This avoids the 13 day rule where an MM who fails to deliver within 13 days is barred from trading in that security. If MMs just swap shares every so often in wash trades they can short a stock indefinitely and it will not show up on the Monthly Short Sale Transaction Files, also provided by FINRA to the OTC. This seems prevalent even when the percentage of Daily Shorts (FTDs) is unusually high in a particular penny stock, such as SRSR. I believe MMs have been doing this for years and getting away with it, unless a company can "deliver the goods", which then may initiate a short squeeze, IMO. More properly a naked short squeeze (NSS) would result if they are forced to cover after shorting a stock far beyond the authorized number of outstanding shares.

Quote:

ADF Regulation SHO
Pursuant to a Securities and Exchange Commission request, FINRA has agreed to make reported short sale trade data publicly available. FINRA will make two types of files available: (1) Daily Short Sale Volume Files and (2) Monthly Short Sale Transaction Files.

The Daily Short Sale Volume Files provide aggregated volume by security on all short sale trades executed and reported to a FINRA reporting facility during normal market hours. The Monthly Short Sale Transaction Files provide detailed trade activity of all short sale trades reported to a consolidated tape.

Time will tell if a NSS has been built up here over the years by MMs, IMO.
Easy