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Friday, September 28, 2012 3:36:36 PM
Great Post and I agree ...
You can call it anything you wish including Naked Short Selling!
But what is more important is covering the shares sold. Also any shares that were NOT covered during the unfair BVIG divi date will have to be covered with bought shares of BVIG. If you were a shareHolder and bought/held during the period required in the S-1A2 if the shares you had were naked the MM's have to not only buy KATX shares to give you honest tradable shares but will also be forced to go to the open market and buy BVIG shares when the S-1A2 is executed. Could there be millions of shares of BVIG that MM's will have to purchase in the open market - Maybe YES!!
That is unless KATX/BVIG can be forced out of business before the execution of the S-1A2.
We know market makers never lose money, so do they want the execution of our S-1A2? hmmm?
Have certain MM's oversold available shares? The BVIG share cost would come directly out of and against their profits!! Sounds like Ken Stead was unfair to MM's not giving them a heads up to cover naked positions. ( VERY SMART KEN - KUDOS )
Wasn't KATX forced lower during that four month period ending 2011 with suspicious selling?
monthly sales Sept 11 million, Oct 36 million, Nov 12 million, Dec 20 million
The amount of BVIG shares needed could easily be 25 to 50 Million!!!!!!!!!!!!!!!!!!
No wonder KATX/BVIG shareHolders are being pushed with negatives.
But shareHolders still remain convinced of KATXs/BVIG's strong prosperous future.
Must be killing MM's because they always make money even selling naked - yeah RIGHT!!!!
The above comment in no way constitutes a recommendation to buy or sell any securities. Any investment decisions should be undertaken only after conducting extensive due diligence.
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