Replies to post #151630 on Southridge Enterprises Inc (SRGE)

[sunspotter]

"What dyu say to the 18 days on the REG SHO List immediately proceeding the 1st divvy that went through FINRA?"

I say it was down to the company having issued many more shares than they had publicly admitted to, and to the illiquid nature of fast moving scams like SRGE.

I notice you didn't address the question of how the illum-NITE-i behind the vast SRGE-naked-short-selling-conspiracy managed to persuade the Transfer Agent to take their anonymously channeled money and distribute to the holders of the 500 million to 1 billion "air shares" out there. And to do that without tipping off the SEC, FINRA or the DTCC.

Perhaps you could explain that to me. It should be a fascinating exposition. TIA.

[janice shell]

What dyu say to the 18 days on the REG SHO List immediately proceeding the 1st divvy that went through FINRA?

Same thing that's been said a million times before: as usual in these cases, the company had increased the o/s without reporting it.