The company stated in their December PR that they were ordering a NOBO report. I don't think we will ever know for sure what the short interest "if any" is here. I speculate there is significant short interest since shorts run these pinks/OTC stocks hard and make $s on most. What could be a problem for shorts here is if they naked shorted at the time of the forward split last year given there were more shares o/s. In other words, if the company did a forward split to 1.2 bil o/s, the shorts may have said, heck why don't we short another billion in addition to the 1.2 bil o/s. Now, the company does a fairly sudden reverse split a few weeks back and may have a sizable merger in the works. Question is how do you cover any naked shorts that are beyond the current o/s base? Also, it is possible some of the shorts could face bankruptcy rather than cover if what our dd says is going to happen does happen. Same thing happens to longs all the time.
That's just a million $ question. What is the short interest on AAPU?
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