This is what was said from dog turd cannon: I k
Post# of 2913
I know that no one will be holding on 01/21 for the R/S and the come February when the exchange happens ALL the "Common Shares" of $SPCL currently in the float will be null and void.
I don't know who bought the 1.1. billion shares in May and June, but what I do know for certainty as that 700 million of those have been unloaded already. So there are 700 million shares that have a cost of 6-8 average. So realistically the float is going to be so strongly held and there are so few shares less to dump back there is a very simple no-brainer solution.
So here is what is going to happen. 160 million shares (or there abouts depending on the price Tuesday) is going to be sold short. For those of you that watch the L2 you will see the trades coming from two offshore brokers. Luckily for all of you tomorrow the market is closed...but banks are open I seriously doubt this quantity will even be necessary but that is numerically what is needed. So there is NO risk in this.
No matter what these shares are going to be void so there will be no need to cover. If you want to try and stop this. Go ahead. I really wish all of you pontificators the best of luck against the hand of the market...
Going to be hilarious.