Naked short selling is rampant on the OTCBB and pinksheets. You can't legally short a stock with such a low PPS in the US, but naked shorting these stocks from oversees is common. The whole idea of NSS is to never have to cover the sale because you believe the company will go bankrupt and be de-listed. The best chance of that happening is with pinksheet companies. Worse yet, they never have to pay tax on the $ earned from a NSS, they only pay after the cover.
If 2 people on this board alone have over 100,000 shares each, you can bet BVHJ is heavily naked shorted. Just looking at the charts since the middle of last year makes me suspect a large NSS position. If BVHJ can rise above it with some good revenue and a stable share structure, we will be winners.
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