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Verb Technology Company, I VERB
(Total Views: 298)
Posted On: 02/27/2023 12:49:32 PM
Post# of 32991
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Posted By: manfromjax
Re: JR30 #28497
This is what I wonder. I have more then doubled, if not tripled my shares this past year at this low pps. Do I own "phantom shares?" What happens with these "naked Shorted" shares? How many shares are there really out there? How is VERB going to account for them?

"Subsequently, the pending failure to deliver creates what are called "phantom shares" in the marketplace, which may dilute the price of the underlying stock. In other words, the buyer on the other side of such trades may own shares, on paper, which do not actually exist."













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