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pantherj

01/10/11 2:29 PM

#5480 RE: jimstock #5479

The problem is not the data. The problem is not FINRA. The problem is your misrepresentation of the data.
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StocktraderDK

01/10/11 2:29 PM

#5481 RE: jimstock #5479

wow really ?

111mil shorts in CLDR ?

This is going to be a nice short cover
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Cast Iron

01/10/11 3:00 PM

#5483 RE: jimstock #5479

Jimstock : Sadly you are wrong. The FINRA figures you see , is the companies like Fairhill Capital that CLDR uses to raise cash under a REG 504.

These companies receive 100's millions CLDR shares at some crazy discount and short sell their position to hedge their deal.

If you look at Lovatt other company MMUH, under the pink sheet filings, you can see the amount of new shares issued just in 3 months at prices like 0.00005 !!!!

Problem is that CLDR has STILL NOT filed its Initial Company Information and Disclosure Statement or proper financials !

If you look at SSPT ...another company that Lovatt was or is associated with.. these guys claimed all the time massive shorting..and then suddenly a few weeks ago they did a R / S !!

The odds are that CLDR will be following the very same path

IMHO..

GLTY