Agreed, the first clue is anyone posting the Daily Reg SHO and claiming the percentage shows the security is being shorted. All of those trades are covered within minutes if not by the end of the day, in fact they have up until T+3 if need be. But here in the OTC it revolves around risk exposure, and MMs will mark newly issued shares “short” all day long to avoid a rejection fee and a 130% trade value for T+3 being withheld from the respective MMs account. Risk exposure is the number one reason to mark a trade “short” here due to the number one means of finance here in the OTC, debt conversion.
It is all relative to the company and it’s dilution, there is a reason for high percentages and high volume correlate to the latest debt conversion.
Although the chill does not stop the company dilution it certainly costs them a lot more in shares to capitalize. Now a Global Lock and well call the company “Done”, sure it will trade for a few months maybe, but without a means to deposit shares anywhere the company can no longer capitalize itself.
