Replies to post #35031 on SurgLine International Inc (SGLN)

[BigBake1]

There is no "whatever" to it, that is what the data represents and is used for, tracking settlement aggregate has nothing to do with reporting actual short positions. In fact there are disclaimer at both FINRA and the SEC concerning their settlement data that one cannot conclude anything from the data as far as short, long and even naked short trades.

The only short position tracking report is in fact the Bi Monthly Report I posted links to, so like I said lunch money involved here in short positions.. So what, it has had no impact on this stock and it's trading.

[JustAnotherPenny]

Number of shares of common stock outstanding at December 20, 2011 is 5,881,427,060

Balances, October 31, 2011
5,623,528,697

That's 257,898,363 Shares issued in about a 1-1/2 months. That seems pretty significant to me. I tried to tell you guys. That is plenty to keep the share price in the dumpster.

The figures above are from the 10Q

[JustAnotherPenny]

From September 2, 2011 through October 31, 2011 the Company issued 124,320,512 shares of common stock upon the conversion of $88,000 of debentures and $10,336 of unpaid interest on the debentures. The shares were issued at approximately $0.0008 per share.

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Shares issued for conversion of Series A Preferred Stock


On September 6, 2011 the Company issued 32,894,167 shares of common stock upon the conversion of $39,473 shares of Series A Preferred Stock. Pursuant to the Certificate of Designation of the Preferred Stock, as amended, the shares were issued at approximately $0.0012 per share.

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Other issuance of shares of common stock


On October 20, 2011, the Company issued 76,677,667 shares of common stock pursuant to Debt Settlement and Release Agreements in exchange for the cancellation of $43,007 of accounts payable. The shares were issued at approximately $0.0006 per share.



From 10Q, Dec 20, 2011


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Look at the PPS they got the stock at above. LMAO