Sarissa Resources Inc (SRSR)

[easymillion]

mtcotc-"Those with borrowed shares"
You say:

it's the ST (dividend-in kind) shares that will force the shorts to cover. Those with borrowed shares will not receive the dividend and be forced to cover.

I don't think it will work that way at all. Just as all shareholders received their Management Circulars and proxy vote material, all with SRSR shares held in a brokerage account, whether they are "borrowed shares" or not, will receive the ST (dividend-in kind) into their account. The only thing that would force a cover is if the dividend-in kind is so expensive the clearing firm for your brokerage account (MM) demands a forced buy-in, which few do in practice, as again explained by Brecciaboy here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60602302

After you bought the shares you got a monthly brokerage statement that “implied” that your clearing firm was “holding long” your shares. You probably assumed they were in some type of vault at the DTC depository. Two corrupt clearing firms can easily “pair up” outside of the NSCC (ex-clearing) and offer each other and each other’s clients the use of their “sponsor table” rooms. This amounts to allowing a bunch of crooks to sell a given clearing firm’s clients fake shares and never deliver them if and only if the other clearing firm extends the same courtesy. The NSCC management mandated to regulate the “business conduct” of its “participating clearing firms” that co-own the NSCC holds that what their bosses do outside of the NSCC proper is none of their business.

From what I've read on the matter, clearing firms rarely demand forced buy-ins for the MMs (brokerages) that are buying and selling shares for clients unless the value of the underlying company suddenly becomes very large and provable by increasing market demand and increasing underlying value of each share, and then, only if a very large and unsustainable NSS exists for a particular brokerage. MMs with smaller NSS positions may voluntarily choose to cover earlier on before they have a large liability on their hands. JMO
Easy