. ARIOQ Couple of things here: How was it tha
Post# of 101
ARIOQ
Couple of things here:
How was it that an unvacant moderator spot suddenly became vacant and filled overnight by a member of THAT BOARD?
Then we went back to quid pro quo accusations of nefarious skullduggery, paid promotions and underhandedness.
Where did all of that buying on Friday come from? Surely no one believes that 680 million shares was all retail buying?
No one shorts a .0001 stock. BUT the shorts that were there from the toxic lenders and convertible debenture people were NOT COVERED. Listen people, you need to finally understand what is going on behind the scenes here: When someone buys a stock, they do not realize profit or loss until the stock is sold. Much the same way it is with shorting/covering. The shorts do not lock in gains until they BUY/COVER. When a stock goes BK, they let it fall as far as possible, or in this case to .0001. The plan, let everyone get frustrated, put their shares up for sale at .0001, and just as the stock goes before the final hearing, all of this volume will come from nowhere and that is them covering. The ambiguity in the filings is inexplicable and in my experience, I have traded hundreds of BK stocks, something I have not yet seen. Was that intentional?
ARIO is earning revenues. Their debt is tied to the share structure, which has ballooned to billions. Now this Payroll company has taken over the equity. What is their intentions? Are they going to assume the revenues being generated by ARIO? What about all of the existing share holders? Don't they have a voice? Why are the filings so botched?
Back to the filings: Why do the filings EXPRESSLY DELINEATE every other class of shares but the commons? Why not just state, as they do in every other BK stock, all shares common and preferred are cancelled? Makes no sense at all.
Bottom line: THERE ARE UNCOVERED SHORTS IN THIS STOCK. Their plan has been disrupted, which is why all of this stifling of dissension and miscreantry has ensued.
Posted from "sportynorty"