Triple 000 and Sub-penny Chart Plays

[trader53]

"Boxed in the Cellar"

"Cellar Boxing"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77732024

It is known as “Cellar Boxing”,
a form of securities fraud known as "naked short selling"
that is becoming very popular and lucrative
to the market makers that practice it.

The goal of the victim company
now becomes to avoid the 3 main goals
of the naked short sellers,
namely:

> bankruptcy
> a reverse split
> or the forced signing of a death spiral convertible debenture out of desperation.

As long as the victim company can continue to pay the monthly burn rate,
then the game plan becomes to make some of the strategic moves that hundreds of victim companies have been forced into doing which includes:

> name changes
> CUSIP # changes
> cancel/reissue procedures
> dividend distributions
> amending of by-laws and Articles of Corporation, etc.



http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=sckzhSFMshhHTv%252bezK7qFA%253d%253d&CorpName=SUNGRO+MINERALS+INC

http://www.sec.gov/cgi-bin/browse-edgar?company=Sungro+Minerals&match=&CIK=sungo&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany

http://www.otcmarkets.com/stock/SUGO/company-info