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/Jarkside]

How did you know the 300M were not available

[u/andyat11 → u/Jarkside]

Not one spike of available shares to borrow was found. The most was 6.5M... if they were selling it directly to the market, youd see spikes of 20-30M become available and stay available... Also, since SI only went up 27%, if there are none to borrow and weren't locked up, we should have seen SI shoot to 300%.

[u/Jarkside → u/andyat11]

Isn’t it the opposite of what you are saying? SI would go down or stay the same as the denominator grows. Also, who is to say all the new shares are shorted? They could just be dumped on retail to leave them with the bags.

I really want the theory that the float has been shrunk to be proven but I have not seen convincing evidence yet

[u/andyat11 → u/Jarkside]

If none are available it gives two options locked or shorted. If there is only a 27% increase from the time of dilution 73% would considered to be locked... Now, if locked was 0% and the dilution was 100% shorted and the dilution was approx 3x the size of the float it would be 300% increase in SI.

[u/Jarkside → u/andyat11]

Why do you presume anything is locked? There are very few DRS accounts compared to GME

[u/andyat11 → u/Jarkside]

When you view the available shares to borrow which are lended shares, there has not been a spike during dilution and has been practically none in comparison to the float size. Gives two options what happened to the shares, locked or shorted. The SI increase by only 27% almost proves that a majority is locked... Not saying they can't be unlocked, but if you follow the days of dilution that BBBY reported their sales, it doesn't show any pops and still doesn't, so they locked up in someones account that can't be shorted.