Varmit, it is great to know that the preferreds are safely held by WD. All one has to do is read the Form 8-K filings provided to the SEC. No documents to support claims that contradict what the company(s) have provided to the SEC.
Cash is definitely an asset and distribution of CASH will be protected by the Wyoming Statutes of Incorporation. FINRA has made it clear that the State of Incorporation governs what a company can and cannot do AT ALL TIMES!
Being a US corporation, FFGO has had to file income tax returns with the IRS. If there was anything questionable over the years, the IRS, the SEC, and the DOJ would have charged the officers of the company. NO SUCH CHARGES HAVE EVER OCCURRED!
What will trigger a forced cover? Will naked short sellers be forced to make private negotiations with electronic marker holders to close out the illegally generated counterfeit positions?
$1 per share X 1B shares X THOUSANDS of SHAREHOLDERS!
= OUCH!
Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations. Always force abusive short sellers to cover above what you paid. Build wealth for fellow iHub'ers!