DD Support Board and Research Team

[stockmasterflash]

The loophole is huge

I forget the details on the limitation but it goes something like shares from the PIPE can't be used to cover and you can't do any short within 5 days or so of the draw.

5 days before a draw is a ridiculously short period of time and you can short against the box or short sell against shares given as a signing bonus or discount which technically isn't shorting at all.

In other words if the company gives you an intial 5 million shares you sell those to fund the draws and then the PIPE shares replenish the 5 million shares you sold. Fusion used to do that.

It's silly how ridiculously easy they make it for these scams to circumvent the intent of the rules