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Sunday, November 04, 2012 9:52:37 PM
The 100 million counterfeited shares can not be retired per the companies SEC approved Transfer agent as of the latest timely filed financials.However 2 separate tranches of 100 million share blocks were retired in a timely fashion.
VFIN most likely created these shares as Knight was maxed out and holds the largest counterfeit position on PYCT.
These miscreants not only sold illegal naked shorts but they manipulated the market by not allowing the bid to move up until a seller was enticed to place a sell order.
The evidence in existence of instances of market manipulation from these miscreant market makers is vast and undeniable.
Finra and SEC have not been doing their job which explains the lawsuit against the SEC being 3.7 Trillion dollars, the SEC is a scam as is the DTCC which has also been sued for too many chills for no valid reason, other than to protect large naked short positions as NAKED SHORTING pink sheets seems to be automatic and common place.
On the up side, the illegal chill placed upon targeted security PYCT may have enjoyed the benefit of booking clients and moving forward with sales and production without having to disclose anything to the public while this illegal chill was on as they with hold said info as releasing it with the chill on would harm the company and investors.
Also this rigorous chill will ensure the company can not be chilled again in the near future, so we may well see the run into the pennies that has been delayed due to the proven naked shorts.
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