Zia Sun(zsun) Message Board

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Microcap & Penny Stocks : Zia Sun(zsun)

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To: Frank_Ching who wrote (5016)	10/14/1999 12:10:00 PM
From: Francois Goelo	Read Replies (1) of 10354

ZSUN SHINES up 10%... End of NAKED SHORTING from Canada... Effective Immediately – US Naked Short Sales are Prohibited This is a result of regulatory changes being forced on by National Securities Clearing Corp. (NSCC) in the US. If you have current short positions that are not covered by borrowed stock the position will be bought in within the next 10 days. Check with the loan department to verify if this position is covered. If you intend on short selling you must check with the loan department prior to recruiting the trade. If it can be borrowed within our prescribed borrowing limits, we will endeavour to borrow. If it can't be borrowed, you CAN'T do the trade. Furthermore, any outstanding short positions from a long sale which is to be delivered in, will be bought back on settlement date if the stock is not received. If there is going to be a delay in receiving the stock credit and or compliance must be made aware or we will buy back

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