CEO reports FINRA tells him Naked Short positions

CEO reports FINRA tells him Naked Short positions in OTC Nasdaq companies moved offshore to avoid reporting the "Failure to Delivers"

https://twitter.com/wdmorgan2/status/16027482...bh7EKz14SA

I'm sure many other companies have been attacked in this way for more than 11 years but this is another prime example of an OTC company documenting all events and FINRA still has done nothing!

Very similar to MMAT and MMTLP, EIGH common shares were canceled and exchanged for preferred shares and FINRA did nothing!

Details below:

EIGH Common Shares exchange for Preferred Share with Cusip Change FINRA ignored
https://www.otcmarkets.com/otcapi/company/fin...79/content

Letter to SEC Proof of Naked Short position in EIGH
https://www.otcmarkets.com/otcapi/company/fin...78/content

Last Shareholder Update showing Naked Short position by BROKER
https://www.otcmarkets.com/otcapi/company/fin...80/content

Evidence of Broker admission of Naked Short position in EIGH
https://www.otcmarkets.com/otcapi/company/fin...72/content

Also CRGP had a FINRA U3 halt issued when a dividend exposed a NAKED SHORT position and the company decided it needed to go private because it could not conduct operations as a public company anymore because the marketplace was not fair and orderly.

Some details below showing litigation proving a NAKED SHORT and FINRA did nothing

https://investorshangout.com/post/view?id=6348529




#FINRA
#Naked
#Short
#Fraud
#finrafraud
$MMAT
$MMTLP
$EIGH
$CRGP
$AMC
$GME

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Quote:

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If the broker-dealer fails to deliver for 13 days, the regulation imposes a “close out” duty to purchase and deliver securities “of like kind and quantity.”

https://www.bloomberg.com/opinion/articles/20...ify%20wall

https://www.scotusblog.com/case-files/cases/m...v-manning/

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