RE: NAKED SHORT HAS BEEN EXPOSED!!!Nice work unearthing this naked short scam people. I had posted a number of times over the past months that the intraday trading patterns indicated attempts to artifically keep the price of Ivernia down, now we see the proof.
I am, once again, emailing a copy of this prior post including the regulations to Ivernia. BTW, I got NO response from IVW to my email when I reported unusual trading activity previously, however, I did notice a change thereafter in terms of getting fills at the current asking price, instead of being filled at 'phantom' lower asking prices. That lasted for a while, and now we see the resumption of counterintuitive trading patterns.
Now it is incumbent upon management to deal directly with the exchanges to protect the integrity of the company from corrupt brokerages, clearing agents, and yes, the SEC, who receives a payment on all of these transactions of 'phantom' shares, believe it or not.
I would expect a press release from D'eath et al. to assure shareholders they are aware of the problem, now that it is public knowledge, and that they are taking steps to assure the integrity of trading in Ivernia shares on OTC/BB.
Over One Million shares short, that we know of, but how many more are phantom shares short, playing Ivernia price in .15 cent swings, over these past weeks, or the earlier games at the mid-90 cents levels?
Advantage Energy Trust, symbol AVNNF, one of the largest oil/gas trusts in Canada is also on this list, just now after a major purchase of Defiant(DEF.to or DFEEF). TDW tells me that nothing can be done with the new shares of Advantage nor the new spin off shares of DFR, both of these are 'in limbo' for Defiant shareholders, as Advantage price declines since the first of the year.
Let's watch closely to see how Advantage management reacts to this listing of their OTC/BB shares on the naked shorts list, also, for comparison of management's responsiveness.
'Oh the webs we weave, when first we plan to deceive'
vocex1