Sorry JD, but that is ridiculous. Any share sold is on someone’s ledger, whether onshore or off. Your suggestion, if I am hearing you correctly, is that a large portion of the 140 million warrants and options not controlled by LP have shares short against them? You think cognate is short against theirs? No, ok, down to 86 million, many of which are held by long term investors. Whatever small amount that may be short on these warrants are not “covered” if topline pops the stock and they get a margin call.
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