NO QUARTER FOR CORRUPTION (Focussing on The Fed./FRBS)

[Telephonics]

I really can't answer at this time. I'll have to do a bit of researching on the convertible debenture issue your raise. But be aware that the SHO list does not address the OTC market place.
In respoonse to your last question I offer the following comment. As the naked shorter drives the price down he is also making it increasingly difficult for the company,assuming they need more operating capital, to obtain other than death spiral financing. If they go that route the usual outcome is bankruptcy and the shorter is thereby off the hook for delivering anything to anybody. There are several companies whose stock has been on the SHO list ever since it was first established. Why hasn't the SEC forced delivery. ONLY THE DTCC KNOWS>