Cannon Exploration Inc. (fka CNEX)

[Refill]

CNEX was the target of a massive 2.9 billion naked short and is referenced in SEC litigation.

http://www.sec.gov/litigation/complaints/2012/comp-pr2012-165.pdf

Cannon Exploration Inc. CNEX

Acquisition period: 8/10-12/10
Resale period 8/10-11/11
Number of transactions: 11
Number of shares defendants illegally sold: 2.9 billion
Gross proceeds from resales: $1,304,000
Net Profits: $745,000