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Posted On: 09/25/2021 9:53:20 AM
Post# of 148908
Additional thoughts about the CYDY Naked Shorts;
Options and Warrants can't vote. Only common shareholders in CYDY corporate structure. Each share one vote.
Think about that for just a moment............. .........................................
Considering Options, Warrants, and Common; CYDY is bouncing at 780,000,000 total while our authorized is 800,000,000
For simplicity sake lets say there are exactly 600,000,000 common, 600 million potential votes. Correct? Yes, recall, one vote per share.
Now the skunk in the room. A Naked Short is selling a counterfeit stock cirt. Fake shares.
Lets say I actually bought some through my esteemed broker, a US FINRA Broker. That Broker believed that the selling firm was selling authentic shares.
So, I go to vote. Lets say my family owns 1,100,000 shares. But 100,000 are fake. We are voting them. IT IS EXTREEMLY LIKELY THAT FAKE SHARES WILL VOTE. Caps to indicate the shocking truth.
My families Broker will always believe that all shares are legit. WHY? Because CEDE quaranties they are legit.
The cause of this audacious scam against USA companies is the failures at CEDE.
This vote can be decided by fake shares voting.
Lets say Peter Superdude; from Tampa, Florida; would like ti influence the vote.
What if he Sold fake shares in Canada and Bought the same shares at his own firm in Tampa? Pete Votes. Pete has no risk. In fact he is both long and short except the short side was sold at the Canadian Broker as if Pete owned the shares.. After the vote Pete wires his shares to his Canada Broker.
What if Pete simply wanted to short CYDY but could not due to lack of shares to borrow. This is the case currently, almost zero sahre available.
Pete sells as if long. Margin requirement?? Zero.
This entire gambit is a shocking failure and CEDE is responsible. Call your political reps. Lastly, the politicians know it. No one can Naked Short a Bank that the USA Gov has insured. This whole thing is a disgrace.
Options and Warrants can't vote. Only common shareholders in CYDY corporate structure. Each share one vote.
Think about that for just a moment............. .........................................
Considering Options, Warrants, and Common; CYDY is bouncing at 780,000,000 total while our authorized is 800,000,000
For simplicity sake lets say there are exactly 600,000,000 common, 600 million potential votes. Correct? Yes, recall, one vote per share.
Now the skunk in the room. A Naked Short is selling a counterfeit stock cirt. Fake shares.
Lets say I actually bought some through my esteemed broker, a US FINRA Broker. That Broker believed that the selling firm was selling authentic shares.
So, I go to vote. Lets say my family owns 1,100,000 shares. But 100,000 are fake. We are voting them. IT IS EXTREEMLY LIKELY THAT FAKE SHARES WILL VOTE. Caps to indicate the shocking truth.
My families Broker will always believe that all shares are legit. WHY? Because CEDE quaranties they are legit.
The cause of this audacious scam against USA companies is the failures at CEDE.
This vote can be decided by fake shares voting.
Lets say Peter Superdude; from Tampa, Florida; would like ti influence the vote.
What if he Sold fake shares in Canada and Bought the same shares at his own firm in Tampa? Pete Votes. Pete has no risk. In fact he is both long and short except the short side was sold at the Canadian Broker as if Pete owned the shares.. After the vote Pete wires his shares to his Canada Broker.
What if Pete simply wanted to short CYDY but could not due to lack of shares to borrow. This is the case currently, almost zero sahre available.
Pete sells as if long. Margin requirement?? Zero.
This entire gambit is a shocking failure and CEDE is responsible. Call your political reps. Lastly, the politicians know it. No one can Naked Short a Bank that the USA Gov has insured. This whole thing is a disgrace.
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