I beleive that the mm shorted this to eternity. From 2 bucks to under a penny is alot of shorting. The mm completely panic when this gets any where near .012. The day it hit .016 and wasn't looking back, the mm just stepped all over it and walked the PPS down in some of the most blantant manipulation I've ever seen. I haven't seen such a strong panic by the mm in a long time. They are extremely short. Then there is all the shares shorted illegally by Briner, GDVM and all of their cronies in offshore accounts. As they dumped the 100m illegal shares(they knew they would tank the PPS) they shorted the stock from offshore accounts as they sold the illicit stock in other accounts. They made money both ways at the same time!
I beleive SBSH to be the major mm that will be implicated in working arbitrage with GDVM in being the mm they used to short the stock from offshore. SBSH has been covering for the last month. I believe that GDVM also had/has put in the order to SBSH to keep the stock suppressed so they could cover the offshore positions cheaply. Still would get them out of the financial responsibility to buyback all of the 100m illicit shares at the PPS they sold them at thus restoring WHKA's PPS back to it's original value before the GDVM damage.
I am not a securities attorney, but I sure wish I was after doing all the research I have done on this situation. Would have Briner eating out of my hands by now. The fact that it can be proven that a giant(SBSH) can be implicated in taking part in this stock scam only shows that this lawsuit is going to be bigger and have more influence over the OTC markets than most realize. Case will be able to be used as a reference for others who wish to go after penny stock scam artists. It's theft. Securities fraud is tough stuff and it's not taken lightly. The plot thickens! Falcor
News 
Market Data 
Discover 
