Replies to post #36896 on Calissio Resources Group Inc (CRGP)

[Welcome2Pinkyland]

You are correct. There are ways to find out. Thru audits and such. My post was Not totally accurate. I keep reading on the board over and over to prove there are shorts- and my point was the common invester with no access to the broker and dealer books has no way of knowing if unreported short positions exist.

My guess with CRGP is that some stock was being shorted against stock that was owed and the shorters got caught owing the divy. There may have also been other types of shorting going on- who knows. But to claim there is no short position because the FINRA report says there is no one holds no water. The FINRA short report is useless.

[shajandr]

"Subpoena the DTCC records through the Freedom Of Information Act"

The DTCC is a private corporation, they are nott a governmental agency - FOIA does nott apply in any way to DTCC.

[janice shell]

They (The DTCC) where responsible to distribute 1.3 million dollars to shares that held a Due Bill and apparently there was 3+ million dollars more Due to shares from the short positions Due Bills as of June 30, 2015.

No. What happened was that $1.3 million had been paid by the company to cover dividends owed to shareholders of record as of 30 June. But between 30 June and 19 August, the ex date, the company issued (at least) hundreds of millions of shares to Nobilis and Beaufort.

COR argued that it was "understood" that those shares were not eligible for the dividend; "Adam Carter" agreed, saying a "glitch" had occurred. DTCC didn't think so, and billed COR $4 million.