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Home/Business News/GNS CEO Shares Petition to End Naked Shorting

GNS CEO Shares Petition to End Naked Shorting

By Frank Nez
February 28, 2023
6
Naked Shorting Petition
Market News: GNS CEO shares naked shorting petition.

Genius Group (NYSEAMERICAN:GNS) CEO shared a petition to end naked shorting on Twitter.

$GNS CEO Roger Hamilton is leading a movement created by retail investors to fight naked short selling.

The CEO said on Twitter that other CEOs $NWBO, $GTII, $MICT, $COSM, $CRTD, $MMTLP, $TRCH, are taking legal action with Wes Christian, a lawyer who has been investigating stock manipulation since 2000.

Earlier this month, Global Tech Industries Group (OTCMKTS:GTII) tookΒ legal actionΒ against naked shorts.

β€œThey’re predators. They’re doing something illegal, and we want it to stop”, says GNS CEO Roger Hamilton.

The CEO shared a petition from Change.org on Tuesday to stop illegal naked shorting.

Stop Illegal Naked Shorting – Sign the Petition! https://t.co/uo93SpNvwB via @Change $GNS $CLNV $COSM $CRTD $GTII $MMTLP $COEP @ceo_bloc #NakedShortsWar

— Roger James Hamilton (@rogerhamilton) February 28, 2023

More than 1,800 individuals have signed the petition.

Taking on Wall Street giants is going to take more than just a petition, but raising awareness is how change starts.

GNS: The Fight Against Naked Shorting

Market News: GNS CEO shares petition to end naked shorting.
Market News: GNS CEO shares petition to end naked shorting.

The Board of Directors (the β€œBoard”) ofΒ Genius Group Limited, a leading entrepreneur edtech and education group, approved at a meeting of the Board held on Wednesday 18thΒ January 2023, an action plan to address illegal short selling of its stock.

This action plan includes creating a Board-led β€˜Illegal Trading Task Force’ to actively pursue all possible actions together with the regulators in their discovery and prosecution of persons engaging in market manipulation involving the ordinary shares of Genius Group.

This Task Force will be led by Timothy Murphy, a Genius Group Director and former Deputy Director of the F.B.I., Richard Berman, also a Genius Group Director and chair of the Company’s Audit Committee, and Roger Hamilton, the CEO of Genius Group.

The Company has been in communication with government regulatory authorities and is sharing information with these authorities to assist them.

β€œIt’s like being robbed in a library, but you can’t shout β€˜Thief!’ because there are β€˜Silence, please’ signs everywhere.” – Roger Hamilton, CEO of Genius Group Limited.

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Tags:

Business NewsCOSMFinance NewsGenius Group Stock NewsGNSGNS Stock NewsGTII StockGTII Stock NewsGTII StocktwitsInvesting NewsMarket NewsMMTLPMMTLP StockNaked Short SellingNaked ShortingNaked Shorts WarRoger HamiltonStock Market NewsStocktwits
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Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

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6 Comments
  1. Alfredo Iznaga says:
    March 2, 2023 at 5:14 pm

    That CEO AA take an example and include in that fight against naked short circuits

    Log in to Reply
    1. Frank Nez says:
      March 2, 2023 at 6:47 pm

      πŸ‘€πŸ’―

      Log in to Reply
    2. Frank Nez says:
      March 3, 2023 at 1:28 am

      πŸ’ͺ

      Log in to Reply
  2. HOWARD SELCER says:
    March 2, 2023 at 2:41 am

    AMC CEO Adam Aron must be next to sign that petition,

    Log in to Reply
    1. Frank Nez says:
      March 2, 2023 at 2:43 am

      Send him this article πŸ˜‚

      Log in to Reply
  3. Frank Nez says:
    February 28, 2023 at 11:47 pm

    Leave your thoughts on what’s happening with GNS and the #NakedShortsWar below.

    Log in to Reply
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