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pitadog

03/12/07 9:23 PM

#69921 RE: sprtcrdlui #69920

sprtcrdlui: Help me out here. How can legal short or NSS shares do that? If they are legal, they are just borrowed (no increase in O/S. If they are phamtom shares they don't count.

Am I right or am I wrong? Dog
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ralphkaz

03/13/07 11:17 AM

#70024 RE: sprtcrdlui #69920

"ralphkaz In refernce to the 2 Billion increase in the A/S.
That is to protect the company. If the company is hevily shorted and you hold 66 % of the Total A/S. That would be added insurance from short shares taking Control of the Company. The O/S is 700 mil and the float is 200 million or maybe less. But the 2 Billion in reserve makes sure that no short shares can control the Company."


sorry - but these are just fairly tales that pumpers want you to believe... just a lame attempt to make excuses for Jimmy Boy...

Here's the "unreporting pinkie" formula - don't forget it:

INCREASE A/S + GAGGED TA = DILUTION!