Member Info for Medjed

100%

Its had so much good news, $155 million contract win with $55 up front.

Now FDA and UKCA approval.

What else does it have to do????

These NASDAQ players seem to know nothing about fundamentals of a company they just want to short it, day trade it, etc. Seems there are few real investors there.

I wish we could squeeze out these remaining shorters.

Wohoo I finally got my MDAI shares on IG. Huge loss, but lets see what happens now.

Two middle fingers to the naked shorters who brought us down to this level.

Here's a video whilst we wait. Zak says we could be looking at 2.5p if we can have a end-of-day close above 2p.

I hope its coming soon.

https://www.youtube.com/watch?v=_HzrwhulT98

Definitely!

Look at this now, instead of delivering our shares they are shorting them down even more!

Totally disgusting!

Sounds like obfuscating waffle to me. They are probably busy doing something dodgy with your shares and are not ready to give them to you now.

It is clear to me now I made a mistake choosing IG. I only opened it to buy SMD anyway. The more honest dealers have delivered their MDAI shares to SMD holders, the dodgy ones are still playing.

Sorry, hope you got on ;)

Watch Zak Mir's analysis. Last week he said we are just a week away from a golden cross, and a golden cross is the strongest part of the cycle. His charting prediction was 45p by the end of this month and possibly sooner, so I wouldn't bank on 15.

I think this is the bottom now. Its been flat for a few days, ready for next leg up.

Yes, yes I do! They are all at it. They don't make money by ignoring opportunities big or small. Especially when they are allowed to do it in the name of creating liquidity in illiquid stocks.

Plus the biggest ones like Citi are the most crooked of them all.

Tell me your hypothesis about why they (Citi and other brokers) can't deliver the shares which they are holding, since the Continental Stock Transfer and Trust Company (acting on behalf of MDAI) has released the shares to all brokers, presumably some time ago.

I had a live chat with a IG help desk agent today. I confronted them with Vincent Capone's email and Continental Stock Transfer and Trust Company email that there is no delay at their end.

IG's response is:

"In regard to SMD, since we (and broker) were encountering delay on receiving information from SMD, we faced a delay on the event.

Now we have finally received the information and instructions for booking SMD, however, with Citi we’re having some issues on completing the bookings.

Our CA desk has raised this case as high priority to complete and we’re checking with Citi actively on the settlement."

So reading between the lines here, I think what has happened is that Citi have naked shorted the shares, and now can't give them, or are conspiring with other brokers and MMs protecting them by not giving the shares to rightful owners.

I think they may have got themselves into a catch-22. If they naked shorted more shares than are in public float, they have more shares to return than they can buy back so are unable to release all SMD MDAI shares all at once.

The ones who are losing out in all this are the SMD holders, as they are the ones whose shares are fail to deliver whilst the MMs and brokers play their game.

I hope this isn't going to drag on much longer.

I emailed both addressed and received a reply from both on the same day, which was nice.

The advice from Vincent Capone from Spectral AI is:

"If the shares were held by a nominee on your behalf, the shares are at DTC for your nominee/broker to pull and then allocate to your account"

The reply from Continental Stock Transfer and Trust Company is as follows:

"Please kindly be advised, since the shares are held through your broker, please contact the broker regarding your shares. Your broker should reach out to the Operations/Corporate Actions Department regarding the shares."

I already contacted IG but they gave me the runaround telling me its some kind of delay. On Monday I will speak with IG again and press them a bit as to what the delay actually technically is.

And this email too, Spectral's investor relations.

ir@spectral-ai.com

May as well bombard them with emails, its been over a month now this is ridiculous. The sooner they deliver our shares the sooner (hopefully) naked shorts will have to close their positions.

I suggest everyone contacts the following email regarding their MDAI shares.

Spectral AI website confirms conversion ratio of 10.3 to 1

cstmail@continentalstock.com.

How do I get my shares of MDAI after completion of the de-SPAC Transaction?

MDAI retained Continental Stock Transfer & Trust Company as its transfer agent for its shares. Each shareholder of record will receive 1 share of MDAI stock in exchange for 10.31 shares of SMD.

If you have questions regarding receiving your MDAI shares, please contact Continental Stock Transfer & Trust Company at 212.509.4000 or 800.509.5586 or email cstmail@continentalstock.com.

https://investors.spectral-ai.com/ir-resources/faqs

Zak is predicting 3p by end of November. I hope its sooner :)

https://m.youtube.com/watch?v=RmUN5ke3Xmc

Spectral AI has to step up to the plate and report the naked shorting to the SEC and identify the brokers suspected and complain about them.

Not that the SEC cares about naked shorting since they allow it to go on. But at least the company itself needs to show that it is doing something about it.

100% agree! AIM are practically saints compared to these NYSE cowboys.

At least on AIM when a company gets many good news RNS its sp eventually goes up (even if there are some shenanigans by MMs)

In the US there are no RNS, and naked shorting is rampant. Totally unregulated. I didn't realise it was this bad.

A excellent company wins $100's of millions of government contracts and its value gets hammered to 1/3.

We got fed to the sharks.

Looks like the scum are still naked shorting it.

This twitter post, not sure how up to date the figures are.

IG won’t give shares. I wonder how many brokers still haven’t delivered shares.

Other twitter posts think its no coincidence there was 8 mil volume day before HL delivered shares.

Totally disgusting, even AIM isn’t this bad.

https://x.com/mbinvest/status/1710311749486883010?s=46&t=yUTJGSNLbmKe3EKlY1ZKsA

Just spoke to IG. They are waiting for CITI group to deliver the shares.

So no surprise there, they are covering their backs and letting the naked shorters exit at a nice profit.

They are all in on it, thick as thieves.

Thanks!

I can’t find a news article about this $3 million placing anywhere. And why such a deep discount at $4.5

Thanks for the Vox markets interview link.

In the interview he mentions a discounted placing at $4.5 per share?

How do we track these news items is it just via company website or is these something similar to RNS on NASDAQ?

I swear UK markets are more straight forward even with all the shenanigans. Never again for me investing in a small company on US markets, especially SPACS! Its a jungle compared even to AIM, total lawlessness.