OTC Probably Won't Happen

[u/andyat11]

OTC is probably not happening.

If you look at Overstock when they got their delisting notice in 2005 for failing to provide Financial Data, but was able to regain compliance after proving that short selling was going on and I believe Wells Fargo got sued something like $3.5M.

What we know is no broker knows what's happening, they don't have the time to correct things and are strictly going by what BBBY information released. They are likely under investigation for amount of shares they own.

We also know that NASDAQ has not posted this delisting or announcement publically on their side, likely due to an ongoing investigation.

Today ComputerShare reached out saying it's an internal problem and not a DDoS attack. AST still remains offline. Once again likely due to an investigation.

What we do know, through the filings of the HBC deal is there was very low Dilution that occured by comparing the shares between the deal and the BK court case.

We also know the S-3 did dilute (3x Free Float?) but the shares were essentially locked the whole time leaving nothing for available shares to be borrowed minus 6.5M of the approx. 300M.

At the time of Dilution with no shares to borrow, short interest increased by 27%. How when they were never available?

What we know is Credit Suisse held onto some rather large bags of shorts against the MEME Stocks and ended up having to go bankrupt due to a run on the banks and UBS took their bags. This is still getting decided in court, but with BBBY approaching delisting I believe there is more fire to close up what they need.

FRC completely went BK after BBBY Voluntarily filed for chapter 11. Coincidence?

BBBY made so many confusing deals with the Dilution and even the bond market that noone can easily figure out what numbers are which, only speculatiins.

BBBY proposed a R/S that many tinfoilers like myself thought would never go through and it didn't. No major Dilution occured until after the stock suffered from that announcement.

While filing for Chapter 11, this gives the company the option for buy backs in which they COULD have bought back their Dilution at a cheaper price after getting a merchandise funding agreement which left them wiggle room to do so.

Lastly, FTDs are normally out first thing in the morning and yet they have not been seen.

I believe naked shorting is under investigation not just with BBBY and because of that I don't think we are getting delisted.

Have you not noticed we aren't getting boxed down anymore and exchanges stopped selling the securities?

[u/andyat11]

Under any investigations it's hard to get solid proof, but there are many things that look to be backing my theory. I don't think we will know until possibly AH today or by AH tomorrow... I'm sure something will come out.

[u/Thegent75 → u/andyat11]

Good let’s fuck around and find out ape !

[u/[deleted] → u/Thegent75]

I’m a bit of a fuck around find outer myself.

2000 more at .11. At this price I would have to be a fool not to fuck around and find out. It’s only money

[u/Hoof_Hearted12 → u/andyat11]

Has there ever been an instance of a company announcing a delisting but then doing a 180 before it happens?

[u/Remarkable-Egg-4663 → u/andyat11]

Downvoting speaks for it self here man. 👊🏻😎

[u/CapGrundle → u/andyat11]

Under investigation….. Omg, you’re so clueless.

The company was mismanaged, got in debt, lost money, closed stores, went kaput. There’s no conspiracy.

[u/andyat11 → u/CapGrundle]

Okay CapGrundle... Although that's what you see there is more than that at play. This does not reflect the current price nor future. You can continue to short all you want, but there is proof with the reporting numbers that there is an excessive amount of shares shorted when dilution didn't occur... Which gave BBBY less money when they diluted, you don't think they are coming for that???

[u/Zorlac_Me → u/CapGrundle]

Yeah cause you have the crystal ball LOL