Hello Johnny, yes let me be more specific. The short position that is created every day and covered through the certificates Keith issues is not what I am referring to. Investors can go to the otc short list and get an idea of exactly how much dilution is happening , because those shares are the ones backed by a certificate from Keiths company.
The short "talk" I feel is wrong is Keith telling shareholders " 5 million, 8 million, 15 million shares are currently naked shorted" . A CEO should never say that, it is stock talk and to me it is a way to get traders talking about a squeeze on the message boards he loves so much. If people buy in thinking someone will be squeezed and it is profit to them, that is wrong.
No one carries a naked short position here, it is also illegal.
Last year when Keith threatened to cancel Bens certificate because they both had a fight, that is also not ethical.
Harry Aharonian and Chris Janish come to mind in the above situation. Keith didn't have to pay back over 3 million dollars when those guys were indicted. The 3 million showed on the balance sheet in November 2009 . It also seemed to be leaked before hand and in that case the stock went from 1 penny to 32 cents.
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