Replies to post #65539 on Lans Holdings Inc (fka LAHO)

[bucks2pennies]

As I would be...

[SeattleITguy]

I’m also skeptical of people trying to get me to “buy cheapies”. The opportunists come from all angles.

[ApollyonZ]

$LAHO 2019 SEC ENFORCEMENT FOUND FRAUD AND ILLEGAL ACTIVITY BY FIRMS NOT PENNY STOCK CEO'S! EXAMINE THE LIST ALL AVAILABLE FOR PUBLIC.

SEC DIVISION OF ENFORCEMENT

https://www.sec.gov/files/enforcement-annual-report-2019.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151398164

Both your transfer agent and IR firm should be able to advise you on the effectiveness of combating naked shorts by changing CUSIP numbers, reverse mergers, and/or reverse splits. Although the long-term effectiveness of these strategies is questionable, it may be useful as part of a larger strategy to deter naked shorting. After changing your company's CUSIP number, for instance, all existing stock certificates must be exchanged for new ones. All issued and outstanding certificates from old shares will no longer represent an interest in the company until exchanged."

http://www.hawkassociates.com/ir/white/shorts.cfm
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151279056

.Once that CUSIP changes, the naked shorter has no apparent way to close out the naked short position. No stock under the old CUSIP number exists anymore; it all automatically converts to the new CUSIP.
..Those trades can sit in the Obligation Warehouse forever, in theory. But the “aged fails” — essentially orphaned naked short transactions — remain on the naked shorter’s balance sheet as a liability to be paid later.
..the cycle of naked shorting and reverse splits would inevitably result in an ever-increasing number of aged fails.

https://theintercept.com/2016/09/24/naked-shorts-cant-stay-naked-forever/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151396603

$LAHO