Replies to post #21181 on Full Alliance Group Inc. (FAGI)

[saltydog88]

JT the float is over 20 Mil you know that right?

[Wooden Indian]

Brokerages are covering their asses. If that’s true there may be more ass covering in the future? This may not be over?

Think about it. We each got $.10 a share. Shares are going for five cents a share on the market.

It would seem that the company knew what was going on and forced the broker dealers hand by announcing a dividend and reverse buy out. Wicked.

Looks like somebody was going to get discovered and covered.

[Wooden Indian]

chickens are coming home to roost?

I smell something big in the works here. This isn’t over by any stretch of the imagination.

[Zardiw]

Outstanding Post. Explains the FAGI Cash 'Qualified Dividend' perfectly!

z

[janice shell]

What could cause a brokerage house to distribute cash that hasn't been announced on the Daily list?

Absolutely nothing. Which it why it seems likely it's just a mistake. Unfortunately, it seems the people who've called their brokers haven't asked why this payment wasn't noticed on the Daily List. It'd be interesting to know what the brokerages' answer would be.

Any naked short is responsible for paying the original owner of the stock the dividend. Fact.

Any short has to do that. But ONLY IF A DIVIDEND HAS ACTUALLY BEEN PAID. Obviously, in this case no dividend was ever declared, much less funded by the company.

And there are no naked shorts in FAGI, because there aren't threshold fails. No significant fails, no NSS.

http://otce.finra.org/RegSHO