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KrayzeRicky

09/20/10 4:32 PM

#57293 RE: stroi #57291

they would have to pay fines too. Also don't forget that this is not a one time thing, the company plans on Quarterly dividends.
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stockchaser

09/20/10 4:32 PM

#57294 RE: stroi #57291

in my opinion they have to report the numbers of shares they hold correct? if naked short sales are illegal and they have shoirted naked 50 million i would think they would have to cover regardless since there is gonna be an audit of outstanding shares...i have never been through one of these so its just how i read the pr but it makes sense to me.
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KrayzeRicky

09/20/10 4:36 PM

#57300 RE: stroi #57291

Im not expecting any price in particular...just watchin the action. We will all find out what will happen soon enough.
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caltrader

09/20/10 4:38 PM

#57301 RE: stroi #57291

"The shareholders of record will be identified by the company’s transfer agent through a shareholder and shareholding audit conducted by the company’s transfer agent correcting any anomalies. This will identify and locate all shareholders, and be correlated against the known issued shares of the company"

From the sticky post above.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54548700


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I'd love to see them explain how they illegally naked short sold 10s of million of shares on the way to creating a fair and orderly market on eigh.