I know for a fact that some shareholders on this b
Post# of 72436
Quote:
HOUSTON, TX--(Marketwire - Oct 11, 2012) - Chimera Energy Corp. (OTCBB: CHMR) announced today that its new Chairman and CEO, Baldemar Rios, has recommended that the Company immediately determine the most expeditious corporate action that would cause a change in the Company's CUSIP number. The Company consulted several OTC market experts who suggested that a change in the CUSIP number was the only way to combat what has been frequently acknowledged to be an unabashed, manipulative "naked shorting" campaign against CHMR.
http://www.marketwired.com/press-release/chim...712244.htm
Amarantus is an example showing the method is effective. The massive volume after CUSIP # change indicated NS had to cover.
Quote:
A company name change and CUSIP # change is a great way to shine some light on the degree to which AMBS has been manipulated via Naked Short ("Phantom"/Counterfeit) Shares.
https://investorshangout.com/post/view?id=5145306
Alan insists NS don't have to cover because in IPIX's case, there was no massive volume. I asked him many times to show his source and the closest I got was "because I said so". Had there been a massive volume, I'm sure he'll say he's right.
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