“You’re going to see in the next month the motherload of counterfeit shares exposed. It’s going to pale $GME & $AMC. This could be a turning point for all of us” - Wes Christian this week. Full interview on my Twitter tomorrow. $APE $CRTD $FNGR $MMTLP $BBBY $GNS
#NakedShorts
Wall Street Math: $GNS 10m float. Today 250m traded. 25X float. Nothing suspicious there… We’re tracking every trade and we’re coming for you
#NakedShorts
Today we launch the Illegal Trading Task Force, led by Timothy Murphy, Genius Group Director & Former Deputy Director of the FBI. This is one of a series of actions the $GNS Board voted on to fight
#NakedShorts
. More steps in the comments below:
"The magnitude of the counterfeiting is hundreds of millions of shares every day, and it may be in the billions." - Best article I've found on
#NakedShorts
@InvestorTurf
- All CEOs & investors should read $GME $AMC $GNS $CRTD, $GTII $FNGR $MMTLP $HLBZ
Wall Street's
#1
Fraud
#NakedShorts
- Simple summary of a serious scam: Stealing from us $9 trillion and counting. Full video here: Watch & share!
#NakedShortsWar
I'm connecting with CEOs of companies attacked by illegal short selling so we can highlight / fight this together. Pls share and comment with any you know being affected. Tx
@CEOAdam
@johnbrda
@palikaras
@Jfromm1968_CRTD
$GNS $AMC $CRTD $FNGR $MMAT $MMTLP $GTII $BBBY
#NakedShorts
‘Wall Street’s Greatest Fraud’ - Here’s the full Wes Christian interview with me on what’s coming… “We have them on the run” $GNS $GME $AMC $CRTD $FNGR $MMTLP $GTII $BBBY $APE
#NakedShorts
Congress is now directly investigating market manipulation in $MMTLP and asking FINRA to increase penalties against
#NakedShorts
This is the power of the
#NakedShortsWar
👍🔥🎉
SEC Rule 10b-21 = Naked Short Selling is illegal. FINRA Rule 203(b) = But its OK if brokers think they can 'reasonably' find a stock to buy after they sell it. OFFICER "Why did you steal & sell this car?" CRIMINAL "Coz I have a reasonable belief I'll buy it in the future" OK then
124 million $GNS shares sold short yesterday. Either the clever shorters kept borrowing our 10m share float, buying back higher and repeating every 30 mins… or
#NakedShorts
. They know we’re watching but they can’t help themselves…
@rogerhamilton
Not just that but supposedly 124,338,900 Million shares sold short, where we these borrowed from then?? Over 70% of volume ran off exchange via dark pools, exactly the same as $AMC & $GME. There time is up tick tock.
US can learn from South Korea. First cases are being won under new
#NakedShorts
ban, with punishment including prison time or fine up to 500% of profits. $MMTLP $GNS $TRKA $CLNV $GTII $BBIG $CRTD $COSM $BBIG $COEP $MULN $MMAT
No word yet from
@CEOAdam
. In the meantime, other CEOs $NWBO $GTII $MICT $COSM $CRTD $GNS
@ceo_bloc
, investors $MMTLP $TRCH and even hedge funds $KGEIF are taking legal action with Wes Christian vs
#NakedShorts
. The movement is growing. $AMC $GME
"They're stealing from the American Public" -
@johnbrda
fought the naked shorts with $TRCH going from $0.30 to $11.00 in 6 months, leading to $1.9B $MMAT merger and now he's fighting for $MMTLP. We can win this. Full interview release this Friday
#NakedShorts
#CEOsFightBack
Turns out our $GNS naked-short-beating special dividend plan is relatively new so taking time for regulatory / legal approval. Getting closer.. and announcing ASAP. Hope this can become a template for others to follow.
Naked Short Selling: "It's about lying, it's about cheating, it's about stealing. The group of investors worldwide are growing, and they are p*ssed off" - Wes Christian () $GNS $GME $AMC $CRTD $FNGR $MMAT $MMTLP $GTII $BBBY $BBIG $MULN
#NakedShorts
“We are looking at the two issuers from a fraud/manipulation angle and, in fact, bluesheeting both MMAT and MMTLP as we speak.” $MMAT $MMTLP
#NakedShorts
Great article
Battle Plan: From $0.30 to $11.00 in 6 months. Here's my interview with
@johnbrda
where he fought the
#NakedShorts
, grew his share price 3,600%, raised $183 million and closed a $1.9 billion merger. Mindblowing. $GNS $TRCH $MMAT $MMTLP
#WeCanWin
(1) Some $AMC $GME apes - If your house gets burgled, then your neighbor’s house gets burgled and the neighbor starts beating up on the burglar, no need to hate on the neighbor. We’re fighting different battles but the same war.
What kind of world do we live in where short sellers can make $600m in 24hrs destroying
#SiliconValleyBank
’s SP while startups worry about making payroll. Triggered by FED rates. Enabled by SEC rules
#WallStreetFraud
#NakedShorts
From Jan-Mar I was extremely vocal about our $GNS fight against
#NakedShorts
. Apr-Jun I've been forced to be much quieter, despite plenty of progress on legal front, spinoff, corporate actions and company growth.
Why?
#WesChristian
warned me CEOs who went public in the past with
It may boil down to this. Many of you are frustrated, strongly urging us to address market forces that you are convinced are unfair. We continuously think about what actions would be wise and CREDIBLE. Certainly good ideas: Build up our cash reserves and smartly lead AMC forward.
Wall Street is throwing everything at $GNS - Buy side trading limits, launching options trading, negative rumours (all we were warned of). Meanwhile, here's my $GNS shares: Printed certs, locked up, off market, out of hands of brokers &
#NakedShorts
. Hold strong.
#NakedShortsWar
We are hard at work on completing details and legal approvals for our upcoming EGM and $GNS special dividend. Will be sharing news on both once approvals complete. Thanks to all bona fide investors who are supporting us.
Word keeps spreading. Let’s bring the fight to them "First they ignore you, then they laugh at you, then they fight you, then you win.” $GNS $MMTLP $CRTD
#NakedShorts
Today Genius Group announces $10 Per Share NFT digital coupon with dual listing on
@UpstreamXchange
- This is next step of $GNS
#IllegalTradingTaskForce
against
#NakedShorts
as well as benefit to bona fide shareholders. Shareholder count date is 28 Feb.
The Short Iceberg. Great
@InvestorTurf
article and graphic on the hidden extent of Wall Street tricks to rig the game against companies and investors. Let's turn up the heat and melt this thing.
#NakedShorts
#NakedShortWar
Last year American's lost $9 TRILLION in wealth on US Stock Markets. Hedge funds made record profits. In a down market... Ethical investing is about buying in to companies you care about to help them grow. Wall Street isn't buying in. It's selling out.
#NakedShorts
u can’t sell houses u don’t own
u can’t sell cars u don’t own
but
u *can* sell stock u don’t own!?
this is bs – shorting is a scam
legal only for vestigial reasons
Next step vs
#NakedShorts
- Our $GNS EGM on 16 Feb to vote for share buyback & share consolidation mandate to equip Board with full toolkit to fight
#NakedShortWar
. Next step: Special Dividend. To be announced once legal approves.
This is the article I read when I 1st learned what
#nakedshorts
was and how it was killing 1,000s of microcaps like $GNS. It was written in 2005. Despite SEC making
#nakedshorts
illegal, algos, HFT, dark pools make the same article apply today x100
Join me, Wes Christian,
@johnbrda
&
@BasileEsq
next Fri 19 May, 10am EST for a YT LIVE on 'The Short War End Game': A roundtable on what's happening behind-the-scenes with
#NakedShorts
#ShortSelling
#SEC
#FINRA
from the lawyers leading the lawsuits, $MMTLP $GNS together with the
(1/4) WTF - Dark Pool EU Cap 8%. Dark Pool US Volume in many small caps > 50%-70%... Had $GNS call with
@buyinsnet
& ShareIntel CEOs - Neither can track Dark Pool activity. SEC / FINRA are delaying ability to track. Video of our call coming this week:
"Any time a system is designed complex, it's hiding something"
#WallStreetFraud
Had in-depth, eye-opening interview with the TOP 2
#nakedshort
trackers: David Wenger CEO
#ShareIntel
, Tom Ronk CEO
@buyinsnet
. $GNS has hired them both. Full interview coming tomorrow.
When companies fighting
#NakedShorts
don't get assistance from regulators and instead get shorted further, and when crypto companies don't get clarity and get sued by SEC instead, Coinbase suing SEC and saying "we’re absolutely convinced the SEC is violating the law" is a move
@johnbrda
@HAMShortkiller
@cvpayne
@FINRA
@johnbrda
I'm CEO of $GNS (NYSE American). We've been victim of rampant naked short selling. Had a long call with Wes yesterday on short killer strategies and he mentioned you. Would love to connect and see how we can work together
“(1) First they ignore you, (2) then they laugh at you, (3) then they fight you, (4) then you win.” - It's only Week 3 since launching our $GNS
#IllegalTradingTaskForce
and looks like we're already on Step (3)! Slow and steady will win this race.
#NakedShorts
#NakedShortsWar
OMG. Had this chat with GPT3 today on
#NakedShorts
and here is the conversation: What she thinks is the reason it happens when illegal, steps to take, and how to work with shareholders. MINDBLOWING! Our Naked-Short-Killer Plan is now AI assisted.
#NakedShortsWar
@UpstreamXchange
With this blockchain-based $10 coupon, $GNS
#IllegalTradingTaskForce
is putting brokers on notice that any evidence of counterfeit shares reported on 28 Feb will lead to the guilty brokers being potentially liable for damages equivalent to $10 for every fake share held.
SEC hits back after Hedge Funds sue SEC over new short selling rules: “Remember the events around GameStop nearly three years ago?” Gensler said. “We have a lot of transparency in the long side, let’s add transparency to the short side that Congress mandated.” Amen to that.
#SEC
This week $GNS has hired Naked Short tracking veteran Tom Ronk and his company
@buyinsnet
to track
#NakedShorts
. His AI-driven software complements ShareIntel. I’ll be doing an interview so CEOs & investors can learn how good the tech now is in identifying these criminals.
$GNS Illegal Trading Task Force also includes Richard Berman, our Audit Chair, and me. SEC says companies must check for & report internal fraud, but has no requirement to check for & report external fraud. They should. Most are being ripped off from outside not inside.
FINRA has received a number of questions relating to a corporate action and trading halt in MMTLP. Learn more about how corporate actions and trading halts are processed as well as specific information related to MMTLP:
We have our $GNS board meet tomorrow to decide on counter-measures against naked short sellers. After speaking with many CEOs under attack, there IS a playbook to follow. I've written a blog with the Top 10 Strategies a company can use. Pls share & add to the list!
#NakedShorts
Yep. To correct a long series of abuses, I am introducing legislation that removes the Chairman of the Securities and Exchange Commission and replaces the role with an Executive Director that reports to the Board (where authority resides). Former Chairs of the SEC are ineligible.
Today we launch Phase2 of legal action. I est. size of damages to $GNS from illegal trading over $150 million and may be much higher. If shareholders agree my preference is any/all win = 50% special dividend of restricted stock to shareholder, 50% to fund fighting
#Naked
Shorts.
South Korea's equivalent of SEC set up a dedicated Naked Short Selling Investigation Team a year ago. It's since found and charged 86 cases of
#NakedShorts
- 84% perpetrated by foreigners. Why can't SEC simply do the same?
Strategy
#1
vs
#NakedShorts
= Have a healthy, growing company. $GNS 2023 Guidance out today. Our growth rate is 2x Edtech industry average. We're one of the few public Edtech companies forecasting 30%+ growth rate together with positive EBITDA.
#NakedShortWar
#WeWillWin
I LOVE what $TRKA has done. Acquiring Converge for $125m: Adding $300m rev, $23m EBITDA to $35m $TRKA market cap! I'm seeking similar win-win, value-add merger/acq. for
#GeniusGroup
. What public listed companies in ed/tech/media do you recommend for $GNS?
I'll be on
@cvpayne
's show 2pm today
#FoxBusiness
. Tune in as Charles gives our fight against naked short selling the national platform it deserves! Thanks Charles
Lets do it
@rogerhamilton
The War on Naked Shorts & How to Fight Back
On Making Money with Charles Payne
#FoxBusiness
Please Tune In and Let Your Friends Know
Top 5 Things I’ve Learned About
#NakedShorts
-Busting Special Dividends (No.1) Cash dividends don’t work as crooked brokers would rather pay dividends out of pocket and keep counterfeit shares hidden than have to cover. It’s a cheaper ‘cost of doing business’…
Criminal trading doesn’t happen only on quarterly earnings calls or press releases. So neither should CEO comms. That’s why we’re committed to (1) Monthly $GNS investor calls on YouTube livestream (2) Constant updates on Twitter. Plenty of news coming next week
#NakedShorts
Stock Exchange Definition: "A market in which securities are bought and sold". When my $GNS Board asked "Should our Exchange be NYSE or NASDAQ?" we didn't know the reality was, whatever we decided, our Exchange would be 'Off Exchange'.
#NakedShorts
#NakedShortsWar
35,000 retail investors sign SEC letter for a fair market “For once, Wall Street vs Main Street are going head-to-head like never seen before.”
@WeTheInvestors_
@FNez_Blogger
YouTube Livestream with Wes Christian confirmed: Wed 12.30pm EST on the War on Naked Short Selling
#NakedShorts
- And to discuss the big news being announced tomorrow. Livestream here:
Isn’t the SEC putting out an animated video of dark pools robbing retail investors like the police making a cartoon of criminals robbing the public?
@GaryGensler
why not just limit dark pools like Europe has instead?
More than 90% of retail investors’ marketable orders are routed to a small group of off-exchange wholesalers.
I think retail investors deserve the full benefit of competition. The annual competitive shortfall could be worth ~$1.5B: money that could go into investors’ pockets.
This is very good news.
@RepHuizenga
please extend oversight of
@SECGov
to enforcing an end to the epic scale of Wall St Fraud &
#NakedShorts
against the American public. Equal to one
#FTX
every month for 20 years.
Since
@garygensler
won't abide by his own polices to "come in and talk”, the House GOP will hold him accountable. Today, as promised, our oversight of the
@SECGov
begins with a request for documents surrounding their interactions with
@SBF_FTX
,
@FTX_Official
, and
@TheJusticeDept
@coffeebreak_YT
Logan’s position is solid “It can’t be a scam if I made no money and am incompetent” I’m no lawyer but I think it’s called the SBF Defense
South Korea & Hong Kong now teaming up to fight illegal short selling: "Prosecutors investigating illegal short selling allegations against foreign investment banks raided the Seoul offices of BNP Paribas Securities, HSBC Securities and HSBC Korea on Thursday.
The District
Join Wes Christian & me LIVE Wed 18 Jan, 9.30am PT / 12.30pm ET here: to hear the actions Wes & CEOs are taking against naked short sellers and “The Motherload” of
#NakedShorts
being exposed $GNS, $CRTD, $GTII $FNGR $TRCH $MMAT $MMTLP $GME $AMC $WULF $BBIG
(1/5) Details on how our $GNS $10 NFT Coupon (announced today) will work. By being on blockchain on
@UpstreamXchange
each shareholder can be verified and we can issue further coupons in the future to keep
#nakedshorts
constantly on their toes.
@MMATNEWS
Hi
@MMATNEWS
- Sorry no updates at this time. On another note, a hypothetical question: Imagine a CEO of a US public listed co makes a stand against naked short selling after gathering clear evidence.
He’s warned by his lawyers that making a stand against blatant market
Breaking News: South Korea's financial watchdog seeks fines of at least 10 billion won each on HSBC Holdings and BNP Paribas for naked short selling.
South Korea's KOSPI index has shot up +15% in the last month after the country reimposed a full ban on short-selling until the
Thanks
@cvpayne
for having me on your show and continuing to shine a light on this issue. It affects so many companies and retail investors. Much appreciated!
Lets do it
@rogerhamilton
The War on Naked Shorts & How to Fight Back
On Making Money with Charles Payne
#FoxBusiness
Please Tune In and Let Your Friends Know
As Wes Christian says,
#NakedShorts
ultimate goal is to make their target bankrupt. This is why we need to keep fighting $BBBY They may win some battles, but we'll win the war.