It will be hard to drop the price further, one sword of Damocles hanging over the head of "the shorts" is that as they keep selling more and more "air" or phony shares, SOMEDAY it comes home to roost.
As the Company moves forward, as the potential that certain Reg S shares and certain low priced purchase options may never be released to allow "the shorts" to cover with, the shorts are faced with these alternatives:
A) Hope the Company's basic business plan is a failure, and it goes out of business, thereby allowing "the shorts" to never need to cover, ever.
B) Short the heck out the the stock (as IMO they have been doing since $3.12 recently), driving the price down and hope that this strangles the Company's ability to obtain needed working capital, fail and go out of business.
C) Use other methods to destroy the Company's ability to obtain needed working capital, distracting top level management, cause the redirecting corporate resources and therefore the ability to operate, fail and go out of business.
D) Cover their short position in a panic when the handwriting is on the wall and the Company 1) is bought out at a fat premium 2) is reporting significant actual revenues 3) is NASDAQ listed and exposed to a larger retail market.
E) Have their bankroll depleted, and be unable to roll their short positions any longer and face the inevitable NSCC buy-in demands.
F) commit suicide when they realize that with DCTC: several million shares short = personal destruction. |