Trum, you have to understand that the SEC is part of the vast naked short selling conspiracy along with the MMs, the Mafia, CFR, Trilateral Commission, Bilderbergers and the UN. And thats why the SEC says there are no shorts. LOL!
On a serious note, the fails data along with the simple logic that if there actual massive short positions on PYCT, the pro traders would have forced aa short squeeze years ago and made tons of money. It might take less than a million dollars to start the ball rolling with large buys at .0001 with a few strategic small buys at .0002 to get retail penny players to feed the squeeze while the original pros wouldl begin selling off shares as the bid rose. Of course this will never happen because, as you pointed out, there is no evidence of any long term actual short positions. Facts just wont convince some who prefer to blame mythical shorts for PYCTs failures rather than the scammers who pocketed most of the cash from sales of convertible preferreds via toxic financing. PYCT is flat busted broke and only the scammers paying filing fees and such with looted funds are keeping this zombie stock from ending up on the greys.
News 
Market Data 
Discover 
