Yikes! "Investors Who Shorted Russia ETFs Now Stuck_Paying Never-Ending Fees"
"(Bloomberg) -- Investors who bet against ETFs tracking Russian assets in the build up to the Ukraine invasion made the right call -- and they’ve been paying the price ever since."
Stocks linked to Russia plunged following the outbreak of war and subsequent economic punishment meted out to the country, vindicating bearish wagers. But sanctions also made trading Russian securities almost impossible, leaving short sellers unable to exit their positions.
The result? Investors who shorted -- sold borrowed shares with the intention of buying them back more cheaply before returning them -- are still borrowing, paying the associated fees indefinitely."
And the PR company: Public Relations EDM Media, LLC https://edm.media
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And they are the same company mentioned in that ICOA, AAPT, MJWL case. Are they the target too? —— 25] Moreover, the AMF's investigation reveals that respondents Ramy Kamaneh and Mohamed Kada Mesli paid[22] - through the respondent companies SDIT Inc. and 7350341 Canada Inc over which they exercise control respectively - a total of $100,000 to Kim Halvorson, through Triage Micro-Cap Advisors LLC of which it would be the "Managing partner
[26] Furthermore, this investigation establishes that the respondent Ramy Kamaneh transferred, directly[24] or using the respondent SDIT Inc.[25] over which it exercises control, to the respondent Mohamed Kada Mesli a total amount of $608,500, through the respondent company 7350341 Canada Inc over which it exercises control. In addition, the evidence shows that the respondent Mohamed Kada Mesli used respondent 7350341 Canada Inc. to pay, between April 1 and October 6, 2021, a total of $129,000 to EDM Media LLC[26], which offers the following service: "Press Release Writing" which it describes as follows:
"We have designed and executed high-impact press release campains for over 500 customers, including publicly traded companies... ”
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