binzur, if you'll remember, Fisty posted on RB that the PR regarding the "shortseller captured capital" was the company selling insiders naked and short. The PR clearly disclosed that "Insiders" bought shares "not legally available" or, over the # authorized. Fisty also noted that insiders buy their shares direct from the company, therefore shorty was the company itself selling shares to the insiders over and above the # authorized. To "capture" the capital, the scammers simply raised the a/s.
Fisty also nailed the insider trading the OSC based many of its allegations on. It's a shame the mob ruled here and was able to TOS DD that exposed the scam.
The affidavit finally defined the ""short seller capture program". Raise the A/S from 200M to 500M, Jan 2006. Take those new shares and put them in nominee accounts and start trading and illegally manipulating the share price! Then issue totally false PR's and there you have it! Your capital is captured and you are short cause when the price crashed you became a seller! Now we know what that meant! OUCH!
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