This link shows you of a few ways that naked shorts use off shore accounts for their personal gain. It shows you how they drive down a companies sp also. This was a court case in 2003 and shows how trades can be tracked to the off shore accounts by following the paper trails.Please take your time reading and understand what you are reading. It also shows some other schemes/tactics that they tried to cover their tracks.

I don,t think any of these tricks could have been pulled with us recently because Lori has made no statement to that effect since the email we got from her a few years back on this topic.And where Lori has made no public statement about concerns of the drastic sp decline being related to naked shorting, it may not be our problem. And, the BCSC has been watching this stock on and off since last year, and if they found anything we should have heard by now, unless they are still investigating?

http://www.rgm.com/articles/sedona.html

Wasn,t it at the Calgary meeting that Lori may have said the partial reason for our sp decline was due to shorters?

IMO