EXSO -- Consolidated Eco-Systems (Exsorbet Industries) Message Board

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Microcap & Penny Stocks : EXSO -- Consolidated Eco-Systems (Exsorbet Industries)

EXSO 0.0001000

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Mar 7 3:00 PM EST

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To: Zeev Hed who wrote (560)	7/27/1997 9:15:00 PM
From: richard hawkins	of 5015

Zeev:<<<On the other hand, in today's computer age, one rarely transferactual shares, and as long as they own the backing debenture, they can short against it, their broker is the one then charged with finding the desired stock to "borrow", but the new buyers (willingly or not) provide this source. If that is the case, I do not know how it is possible to avoid reporting the true short position.>>> Zeev, since the stock is not marginable and can only be purchased in a cash account, it would be illegal for a brokerage to hypothecate the shares of the "new buyer" or of any shareholder whose position is not in a margin account or margin maintenance account.

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