July 9, 2008
Over the past several weeks I have watched the stock trading of Royal Energy (Royl) and I can come to no other conclusion that there is wrong doing afoot. There has been to many shares traded than what the float would normaly allow. Not to rant and rave over lost money but if you would please look into the trading of this stock I think you will find that there is naked short selling going on. Illegal activity should investigated and prosecuted to the fullest extent of the law. I think you will find that the shares are never delivered by the closing date. Thanks for looking into this.
Jon Rice