Replies to post #495 on CruiseCam International, Inc. (fka fka CCMC)

[fringe_remnant]

CCMJ Tightening Up

[esi23]

I heard from the transfer agent. There is a naked short on the stock. Total short shares 1,116,025 which is about 25% of the 4m float. This is the reason the stock price fell, and the reason why its still down. The short position will try to keep it short as long as the short position makes money. The short loses money when the price hits .06 cent a share. This price represents when the short will cover, although of course the short must cover all sales of the stock according to the law, the reality is that at .06 cent the short will cover for $ reasons not for compliance reasons.

Secondly, there is 49m shares OS. This is good news.

Third, the compnay has stated to the transfer agent that it intends on becomming fully reporting and moving off the pinksheets as soon as it can.

[J-Rhino]

Thats old, they were removed already.