7. to reward our shareholders and as part of a
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Posted On: 02/19/2023 12:57:55 PM
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7. to reward our shareholders and as part of a larger plan to combat the naked short selling identified by our investigators, our board is actively considering the issuance of a special dividend ;
Genius Group ran from $0.50 something to $1.22 the next day and now $5.85 not just because they PR'd they were going after naked shorts, but also because of they were going to issue a special dividend. I'd vote in favor of a special dividend if that was an option. I don't care what it would be. Fraction of a penny, NFT of Rory, coupon on Market. Bring it on. Sooner the better.
Genius Group Shares Double on Special Dividend, New Task Force
Published: Jan. 19, 2023
Shares of Genius Group Ltd. more than doubled, to $1.22, in early trading after the company said it would issue a special dividend and has tapped a former U.S. Federal Bureau of Investigation deputy director to lead a task force related to alleged illegal short selling of its stock.
https://www.marketwatch.com/story/genius-grou...1674145312
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Our investigators’ reports also provide information identifying the firms at which this activity is taking place. We have been advised by the investigators that these are the same firms who have been identified by other public companies currently investigating illegal short selling activity .
Same firms? Some might wrongfully think it's some guy sitting in a basement doing this. You might be surprised some of the biggest institutions get caught. Here's an example I remember.
JPMorgan Chase & Co. Agrees To Pay $920 Million in Connection with Schemes to Defraud Precious Metals and U.S. Treasuries Markets - September 29, 2020
https://www.justice.gov/opa/pr/jpmorgan-chase...als-and-us
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