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Re: XenaLives post# 35244

Tuesday, 07/31/2012 9:36:53 PM

Tuesday, July 31, 2012 9:36:53 PM

Post# of 35802
T/A's handle ALL ownership. T/A's maintain records of all shareholders, whether held in certificate form, street name or individually.

The only way significant NSS activity could occur was with the collusion of the T/A, so unless you're accusing GRNO's T/A of participating in an illegal scheme...

As for Overstock, the manipulation there was pre-Reg Sho and was done on a heavily traded stock where huge portions of the float traded on a daily basis. In that environment (pre Reg Sho) it would be easier to keep the T/A unaware of an oversupply of shares. Not so in GRNO's case, where less than 5/100ths of 1% of the shares in the float trade on a daily basis.
In fact, with the entire GRNO float valued at about a quarter of a million dollars, and less than $2500 in trades on an average day, no one would waste their time trying to make a few dollars committing a crime like naked shorting. It would be like the mob robbing a lemonade stand.

"The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing."
-- Albert Einstein

Volume:
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Total Trades:
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