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Jerry70

05/26/13 8:57 AM

#3469 RE: appalled #3468

GM appalled- Type in naked short on otc. Read the one saying that naked short sells are killing otc. Thats where they talking about the MM,s creating shares out of the thin air. It talks about the brokers shorts has to cover where the MM,s dont. I am just saying that like friday and other times i,ve seen it happen, those shares just come out of thin air and always as low as the bid are lower sometimes. Thats why i say alot of times no one can sell down here because i know what the lowest price that the shares have been too. I,ve just been trying to figure out how there could be a 260,000 trade on wednesday at .0057 and those friday, just cam out of thin air. It would be crazy for the Company to do anything that would pull safecode share price down, so its not the Company period because that would be insane. As i,ve said i have been talking to a person who has been a CEO over stocks that has traded on the OTC for years and he sold his family public company last year because of the shorts and the naked short sales. The naked short sells are not just hurting the investers but destroying companies and the bad part is that its almost impossible for a CEO to do anything about it. The CEO i am posting about as made many trips to Washington, DC to fight it just like the CEO of GE has been fighting because of some of the things that hurts GE share price. IMO safecode should get together with the other companies they did contracts with and all of them start putting out news every day on what is taking place with the Company and stop the bleeding of the share price and move it North and make all shorts pay for awhile. Safecode not up dating and that stupid Dividen has done nothing but created a big mess. The one day awareness group they hired are not 1/10 th as good as some of the people that post on I-Hubs Boards that have alot of followers and who have studied the stocks they post about for free IMO. We all know some posters on these boards that are more knowlegeable and more experenced than the dumb azzes that the company paid to promote safecode. We need real news and real honest up dates and us shareholders can live with the rest of it as long as we are true and honest up dates IMO and i know for fact i can. Hoping next week will bring us some fair and honest updates as to what is going on as for as the progress with the prototype and such. GO > SAFECODE.
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Larson89

05/27/13 10:57 AM

#3478 RE: appalled #3468

I don't know much about how the game is played but this, as bad as it is, looks like a good sign. If the MM's. Are diluting with invisible shares risking jail time they must know this company is going to explode in a big way. I can't believe the SEC is not watching this closely