I have seen this before, what we are seeing is normal. The new cusip requires the brokers to exchange all shares to reflect the new name and cusip.The process is normally completed in 3 business days. Although I don't like to get involved in the "short shares" debate I will say that if it turns out MMs do not have possession of all the shares they have sold while clearing, it will be discovered during the exchange and will likely cause a squeeze on them.If this happens we will all know it.GLTA
TransGlobal Assets, Inc. TMSH OTCQB / Common Stock
0.16-0.02 ( -11.11%) Real-Time OTC-BBO 0.15 x 0.16 (5000 x 5000) Trade Time 12:11 PM ET Short Sales Date Short Interest % Change Avg. Daily Share Volume Days to Cover
Feb 28, 2011 3,894 14.77 142,975 1.00 Feb 15, 2011 3,393 35.02 128,520 1.00