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Message: A Very Good Read - Is This Happening To Biocurex

A Very Good Read - Is This Happening To Biocurex

posted on Sep 04, 2009 06:04PM

I deleted the name of the company referenced in this post because I didn't want anyone to think I was promoting this company. Fellow investors this is another reason we need to do all we can to support Biocurex and Dr. Moro. We don't want to be part of the 99% of otcbb companies that fail as a result of these gready hedge funds. Notice they prey on otcbb companies that don't have the funds to fight back.

Dr. Moro I hope you read this also as there are actions you can take to fight the jerks trying to keep Recaf from going to market.

It's my understanding the CEO of the company referenced in this post has a very good knowledge of wall street, how they operate and how to beat them at their own game. Does anyone in particular come to mind, that keeps telling Biocurex investors how dumb it would be to approve authorization of an additional 250,000,000 shares because of dilution. Trust me he and others do not want Biocurex to survive. Remember the company at a later date as revenues start coming in, can buy back and retire those shares reducing the number of outstanding shares, which is the path the company mentioned in this post has elected to take. The rest of this post was copied from another board and posted here because of it's relevance to Biocurex.

Hello & Good Morning.Wow.. So much to think about.. Like many I have placed my bet to the Long side with Management.. Why

Because I feel and believe there is a very large Naked Short Position that will need to be covered in (Deleted Company Name)..

All of this is my opinion only after talking to others, after using my various years of trading etc and realizing the way the OTCBB Markets works etc.

Several years ago (Company Name Deleted) was a target of various Hedge Funds who attacked and try to destroy various OTCBB Socks.. They do this because they can and they do it because few if any of the OTCBB Stocks have the means to take them on. Few have the real support of Institutional and Mutual Funds.. These investors have the means to push back against the Hedge Funds.

Please remember for the most part these shorts can continue to drive the PPS down with fake air shares knowing most of the targeted companies will eventually have to do a reverse split, or issue more shares or go out of business thus allowing the Naked Shorts to keep open their short position or better yet hoping they can cellar box in the PPS and drive various companies out of business altogether thus keeping all the ill gotten gains.

In my opinion they tried to do this to (Deleted Company Name) not realizing that management had the ability to fund the internal growth of (Deleted Company Name) with their own personal money via REM restricted 144 shares.

How does the company find out who is behind the short position.. They ask the regulators to do a NOBO List.. A Non Objection Beneficial Ownership List.. This will show the number of shares that have been sold.. Then then compare this against the O/S in the float and the difference are then considered Counterfeit shares..

Again in my opinion.. The management team is fully aware of the size and the extent of this Naked Short position. Now the question becomes how or what do you do to force those who are short to cover this position.

I feel an event is going to take place in the very near future that will cause for a accurate share count thus exposing the size of the Naked Short position and event that could cause a massive short squeeze maybe even a forced by in. A Cusip change being required is such an event.. A Special dividend could also call for an accurate shares count.. What this event is I can only speculate on at this time.

Those who take out these Naked Short Positions are very well funded.. If my understanding is correct these shorts must also put of some type of collateral thus assuring the MM or Broker Dealer doing the transaction a degree of safety.. Kinda like when you go on Margin.. You have to have a certain dollar amount available at all times in your account or your broker could sell out your position if your not able to put in additional dollars.

Putting in additional dollars normally has never been a problem to these hedge funds.. Why because few if any companies are ever able to force them to cover a short position.. And when they do decide to cover a Naked Short position they do it at such a low PPS that it makes doing this very profitable.. This has been going on for many years.

Now lets think what might happen if an event does take place that would start some of the various shorts to cover.

Remember something and this is very important in how these Naked Shorts work and think.. They realize and understand that most all OTCBB Stock are held by retail investors like you and me and company insiders.. They have the money and funds to take us on and force us out 99% of the time.. They do this because there is no serious money willing to take positions in OTCBB Stock..


being continued.


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