Replies to post #39856 on Hemi Energy Group Inc. (fka HMGP)

[kelseyf]

Yes Big Mur you are so correct, even I got caught up in that Hemi cert drive at the time, not fully understanding what else was behind the purpose and motives of such a drive.

In addition to the other point being discussed about the Hemi T-trade activity and since the new position of short trading effective 09/18/08 as outlined by the SEC.

If there are trading games on going behind the scenes of Hemi then that e-mail that I posted, to me from KA, last week is very clear and very correct to the proper actions that Hemi will follow up with and the enforcement that Hemi can demand. And IMO any and all parties deserve whatever consequences that may come from such actions.

Again, if this is the case, I am floored that any outfit would allow such trading tactics to be utilized given the very recent scrutiny that has now been put enforce by the SEC.

Kels

[REAZO]

An interesting side note from the last cert drive. The expensive non-pinky friendly brokerage firm I use, I will leave nameless.

During the cert drive I called to order physical certificates. After much discussion, it became apparent that this brokerage did NOT have shares of hemi. A few phone calls to the TA and back to the broker, to hemi management etc. Guess what I did uncover..... This brokerage firm HAD NEVER ACQUIRED ANY SHARES OF HMGP. None. Not a single share up to that point in time.

My point with this is that they were pure air shares. Not just mine, but everyone with that broker. My guess is that other brokerages have done the same. So, I am quite sure that NSS is going on and that covering rules are not being followed.