Posted On: 02/17/2016 1:21:11 PM
Post# of 11039
Lots of word games in here. COR attempts to mislead the court in every step. If shares were in the market on 8/18, they were entitled to the divy.
Unregistered shares, or naked shorts, or restricted shares is a different story. If the shares were fake or unregistered, they count as shorts when they hit the market. And the shorter is responsible of paying the divy.
DTCC followed the due bills created when shares were sold into the market. The remaining 60 million Beaufort did not sell got no divy because no due bill was generated.
Unregistered shares, or naked shorts, or restricted shares is a different story. If the shares were fake or unregistered, they count as shorts when they hit the market. And the shorter is responsible of paying the divy.
DTCC followed the due bills created when shares were sold into the market. The remaining 60 million Beaufort did not sell got no divy because no due bill was generated.
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IMHO
Always, always do you own DD. Only invest funds you can afford to lose and trust nobody but yourself.
Always, always do you own DD. Only invest funds you can afford to lose and trust nobody but yourself.
