Now you are getting close I99! Good for you. CORRECT > The shares are NOT registered > They are not part of the official "O/S" of "registered" shares > They are in possesion of the lender offshore , now when you see DLAV on regSHO , and you have unregistered shares in hedge fund offshore , you can bet your botom dollar why there is fail to cover, it is becuase they are shorting with unregistered shares , NOT the shares retail guys own and bought, of course they cant cover, they have BILLIONS of shares unregistered shorted vs small float of retail to cover, now see the game is simple math , run up the stock BIG , use $5mil cash to buy up the majority of float , run it up 1000% is the perfect storm to these guys, get flippers day traders buying noticing, then short it to all heck and back , they make $20million or MORE on way down , maybe never cover it, or do it over and over... if you can , most investors catch on and it doesnt work to many times in row, but u can make it go up down up down , the unregistered shares control the market. Now they CAN and WILL sell the unregistered shares to brokers and MMs with an opinion letter from an attorney later on if they must cover , they will lighten loss on broker and MM etc.. they need a few brokers and or MMs to play along if it is big enough deal, but look over last 45 days how many shares have traded here 800 million at what average of .01 this is max $8mil upfront "buy up"
ALL IN MY PERSONAL OPINION OF WATCHING OTCBB STOCKS AND UNREGISTERED SHARES. IMO
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