Thekookbook, extending/comments on your post, assume the shorts/mm's shorted every share(whether cert or not) bought above 0.16 in the recent run-up. That would have generated the volume earlier in the week, and then on Friday, they did cover some of those around 0.11-0.14.. that would account for part of the 27 mils. All IMO.
'THEKOOKBOOK' Correct "phantom shares" Perhaps Millions ? I expect you know that . However once they sell them to us via our Broker they are good as they must stand up to them so to speak. Question : Whats your take on a Dividend paid to just what (How many ) share's? Certs Req ?. LapT
people are trading the shares. No one can vouch for who is holding and who is not. So if the volume were steadily about 50M or so then there may be some question but I am thinking folks are simply selling some of their positions and luckily for us there are new buyers waiting for them Except lately the AFs situation has tipped the scales toward the sellers bid pressure..