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To: Just My Opinion who wrote (6391)	9/19/1998 3:58:00 PM
From: bmart	Read Replies (3) \| Respond to of 26163

Mr. anyone, I am not answering for Mr. bgtit, but I will supplement his response with this; I asked Ms. Shell that very question numerous times, if the short was covered, where was the print? Where was the trading record? Ms. Shell posted that there "was no trading record" (???), then she dropped the subject, quite like the Wellrich stories she fabricated. RB

To: Just My Opinion who wrote (6391)	9/19/1998 4:03:00 PM
From: Dean Dumont	Read Replies (1) \| Respond to of 26163

Stock swaps happen often, but in transaction form. But, in BB's stocks party and the counterparty have the same B/D in this case possibly, I am not sure if they do, in Canada, a journal entry could be conducted. My question for Marcasse is, what did he use to collateriaze the swap at 5/8 and what kind of money hit is he taking by doing such a transaction. Shorting 1,200,000 shares at 5/8 with a stock currently at $1 1/2, that is one hell of a hicky to cover up at this point. $1,050,000 right now. What is going to happen if this short squeeze ever comes, and say the stock goes to $5.00(lol)that is a $5,250,000 cramp. The firm he is using must be sweating it unless he has that type of funds available if he is hit with a margin call. And they would require him at that point to have at least $6,000,000 in funds or equity to cover the position if it is called out on him.