Replies to post #52920 on Sugarmade Inc (SGMD)

[BesaoT35]

Thanks MallenNV. This is informative and fascinating reading.

Some stocks are shown by IHUB financials on penny stock companies to have a negative float. I did not know a stock could have a negative float. I did not know that naked short shares could actually exceed the total number of outstanding shares.

A burning question that I have is could naked short shares created cause the share float number of a penny stock to have a negative value? Why is it that the float number listed by different data providers can differ by billions of shares?

What brokerage do you use to short penny stocks? When is your book going to be published?

Another question is if a short position is never covered by buying back the stock are there any taxes owed? If a company goes bankrupt for example there would be it seems never any need to cover and perhaps no taxes would ever be owed. Is this true?

Thanks again.