knows 10 times more than your VP friend of a "Major" brokerage house about "Naked short selling." Most brokers are in the dark in regards to this matter, or are part of the problem. I think you and others had better "bone up" on your financings. Once you look to see how these guys "Really profit" from these type of debentures, you'll realize it's safer for them (Fusion) to short the shares coming to them before receiving them and pocket the difference once there finally delivered. It's been going on for a LOOONG time, it's illegal. The only way to stop the thieves is to call the cops (SEC/NASD) on them. Otherwise, they'll keep trying to get away with it like ALL crooks would. But I guess you're the one with the license, you know better. I have to admit, I've never seen anyone pompus enough to dispute an area of expertise they have very little knowledge of with someone that has, and still think they know better? I'm amused. You're a funny guy LL. mguru