California Dept. Corps:James Dale Davidson created the 'anti-naked short selling' scam (tags)
Although James Dale Davidson was for years a principal part of Agora Inc.of Baltimore,Maryland and around the world and 'cyberspace',he was also,if not the first to use the 'naked shorting' claim to divert attention away from his own illegal pump and dump of worthless penny stock shares,(and not even audited by the SEC in this day and age),he was the first to take the claim to new levels as an organised penny stock scam.And to use the fraudulent claim that 'certs' or paper certificates were the only way to protect your investments in penny stocks from evil 'naked short' sellers who did their evil by way of 'electronic counterfeitting' of shares.