Replies to post #278409 on Green Energy Enterprises Inc. (GYOG)

[Sharktnk]

Replace what short?

Not that it matters. The boogieman won't be around these parts anyway come 3/14/14.

Know why?

The SBP program is going away due to a lack of use but more importantly it doesn't apply at all to these stinky pinkies:

So what is eligible for SBP? Marginable securities are and NON Marginable securities are not… Reporting securities ONLY, that just eliminated every pinksheet and OTCQB out there. Kind of tells you how isolated the OTC markets are from Listed securities. Someone best get the Federal Reserve Board on the line and ask why they will not allow OTC and penny stocks on the list of marginable securities. We already know the answer, it is based upon market protection. The SBPs own requirement of securities above a $1 no matter if they are listed or not also restricts a lot of securities from the program.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98110502

Usage of NSCC’s Stock Borrow Program has declined over the past few years. In 2007,
NSCC borrowed a daily average of approximately $1.85 billion in market value at the close of
each day from the approximately 21 Members that participated in the Stock Borrow Program. In
October 2013, only three Members participated in the Stock Borrow Program and the average
daily value borrowed at the close of day during that month was approximately $81 million.
Usage of the program has continued to drop since the end of October 2013. Given the reduction
in the use of the program, NSCC has determined that it is not economically efficient to maintain
the service.

http://www.sec.gov/rules/sro/nscc/2014/34-71455.pdf

[MaxPowerLove$Ihub]

Could be...QASP will run =)

- Go QASP