That's a good question. Idk if that's the case. If they were to get margin called, ALL shares would have to be honored. The contract with Henry one would think that would be faulted.
IMO Henry has all the shares already. So now cdel would be covering all shorted ones out in the market.
Oooh good point. Could they claim they have those extra shares to sell back to phil and since its more shares then negotiate with phil sell for a cheaper price??
Whatever the outcome its looking good or at least interesting.