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Thanks for cutting & pasting the general duties of TAs.
Again, If a transfer agent participates in the OTC Markets Transfer Agent Verified Shares Program ( which Continental Stock Transfer & Trust Company DOES) then…
the transfer agent is REQUIRED to update the share structure on the OTC Markets website for ALL of their clients (DEAD or active).
FYI, CACH filed Chapter XI Bankruptcy in 2015, and Continental’s services as TA were discontinued since 2015. They’ve had no communication from the company since the filing.
Contact the TA if you really want to know, we’ve exhausted this subject.
Also I would like to add that many stocks are totally delisted for variety of security matters, or just become a bunch of numbers
Which would cause me to sell it all to my brokers for a penny.
CACH has not changed symbol or been delisted or became a bunch of numbers
In years, since delisting and going thru a failed banktrupcy.
Thank you for your response Veronica.
I will countinue to stay Thirsty for now.
I did, and here is what I found on Google.
Transfer agents usually charge a fee for their services, but there isn't much information about whether they provide services to stocks on the Expert Market for free. Transfer agents work for security issuers to perform a variety of back-office duties, including:
Maintaining security holder records
Recording ownership changes
Issuing and canceling certificates
Distributing dividends
Managing proxy votes
Communicating with investors
Processing capital calls
Paying sales commissions to financial advisors
Producing tax forms
Providing online account acce
Noone that I
My goodness, Don’t have a hissy fit, I answered both of your questions, politely. That’s the best you’ll get out of me, because of the scene you created for absolutely no reason, I am a volunteer and don’t deserve that.
Your stock has ended up in the Expert Market @ $.000001 (six figures), that doesn’t allow for a proper analysis. But I don't mind pointing out that the vast majority are dead / defunct stocks like CACH, No one is paying the bills for them, wishing so doesn’t help. I’ve talked to the TA directly, you should. They will tell you facts that you evidently don’t want to hear.
Seems to be some either blatant ignorance and/or purposeful twisting of facts. Just because it isn’t addressed to you, doesn’t mean you can’t read it. When you have a question, you may wish to look at the same question asked and answered right here, just yesterday:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174858339
My question was not about the TA!!!!!!
Why do you have to run away from answering my question!!!!!!!?
Yes, they filled BANKTRUPCY, which was
DISMISSED AND NOT GRANTED!!
Do you remember?
So, they couldn't file BK!!
The judge DISMISSED THEIR PETITION!
GEE, I WONDER WHY!!!!
My question was and still is,
Why would MM or anyone buy 2 million plus shares of this!!
In one go.
When you have an answer, please respond
To my question.
PENNY FOR THE LOT
#this was posted from Myself to Sandra over the years to answer the same question over and over, please make note this time:
This information is presented in the FINRA manual at Finra.org. Some firms facilitate the sale of positions held by their customers in low-value OTC equity securities, as defined in FINRA Rule 6420, that they or their customer may deem to be “worthless.” The firm purchases the shares to remove the position from the customer’s account and to enable the customer to claim a capital loss for tax purposes. The purchase price typically is nominal and set solely for purposes of liquidating the position. In some instances, it may not be a per share price, but may be sold, for example, for one penny or one dollar for the entire lot. Hence, these sales sometimes are referred to as ”PENNY FOR THE LOT” transactions. These sales are considered trades (i.e., there is a beneficial change in ownership) and are not expressly excluded from FINRA trade reporting rules. Accordingly, firms must report these sales to FINRA for public dissemination purposes as they would any other trade. Because many of these sales are effected at a per lot price, the per share price may extend beyond six decimal places. FINRA notes that the OTC Reporting Facility (ORF) can accommodate six decimal places for purposes of reporting a per share price. If the per share price is equal to or less than $.000001, firms should report a price of $.000001….
Yes for nothing, zero, how many times must I give you factual data from the TA before it sinks in? No one is paying them since 02/24/2015, they filed BK, remember?
If a transfer agent participates in the OTC Markets Transfer Agent Verified Shares Program ( which Continental Stock Transfer & Trust Company DOES) then the transfer agent is REQUIRED to update the share structure on the OTC Markets website for ALL of their clients (dead or active).
You want to tell us why would this trade!?
Not for nothing!
But why would a MM buy 2plus million shares!!
You know that it is a MM because retail can't
Trade with that many Zeros
Can you think of any reason as to why!?
If a transfer agent participates in the OTC Markets Transfer Agent Verified Shares Program then the transfer agent is REQUIRED to update the share structure on the OTC Markets website for ALL of their clients (dead or active).
No one is paying them. Plus the VTA program is free to the Transfer Agent.
That means that a share structure update should never be used as proof that a dead/defunct/abandoned company is active.
Someone has to. Nothing is free.
Unless one believes in toothferry!!
I thought some said that the symbol would go away and become a bunch of numbers!!
Hmmm...
CACH is technically still alive, as one can sell.
Oh well we will pick this back up in 2025
If a transfer agent participates in the OTC Markets Transfer Agent Verified Shares Program then the transfer agent is REQUIRED to update the share structure on the OTC Markets website for ALL of their clients (dead or active).
No one is paying them. Plus the VTA program is free to the Transfer Agent.
That means that a share structure update should never be used as proof that a dead/defunct/abandoned company is active.
$$$CACH$$$
So, I am full of chit!
Ok, I can go with that.
But, who is paying to keep the ticker alive!!
I thought someone said that it would be a bunch of numbers or just go away!!!!!!
Which one is it!?
I have been waiting for an answer.
Yer still full of shit.
How are you feeling now!?
LOVE IT. The cheapest one around.
With the Fed set to cut rates.
The next move will be to break an all time high. LOVE IT.
Roflmao at it.
Yep, that sandra jerkoff has lost his ass.
Lmfao.
wow your dumbass is still here after years begging for a .0001 stock? what a fing loser lol clown show, good job
YOU LOSE DUMMY, WHOMP, WHOMP
Quite the drought, CACH hasn’t traded since 2023.
I thought that the symbol was supposed to
Go away!!!!
LOL
lol, so true :)
I believe a 4”x4” is more in order for scamaroonie.
Merry Christmas to you and the reindeer!
Wish you more of the same next year, veroni.
Ho Ho Ho, from Moscow.
Its the russians!
Lmfao.
You’re just making stuff up again, typical nonsense, just like the “SEC attorney” told you to buy, buy. buy. RME
Ho, Ho, Ho, Scamalooni
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164665839&txt2find=Attorney
Russians are buying again.
I like that.
Sure you will, just like the “SEC attorney” told you to buy, buy. buy.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164665839&txt2find=Attorney
Ho, Ho, Ho indeed.
I will ask putin about sure trader and let you know.
Ho, Ho, Ho..
Merry Christmas, Veroni.
Wish you the best.
I will be in Moscow for Christmas.
Russians are buying Veroni!!!!
Guessing is an ill advised POS otc trading tactic.
Delayed reaction?? Rme
Scamarini, Read the Rule or have someone read it to you. You really should have given it a rest after your Sure Trader Lie.
So, I guess these experts buying this are in Russia!!!
ROFLMAO …..bet yer bottom dollar !
I wouldn’t buy this trash even with your pennies. As an additional plus, I’m in the USA
It was YOU, SCAMeroni. Duh
Are you buying veroni?
You have friends and from Russia no less??
Wow that’s another whopper. Zero Volume.
Yes, Amazing! Señor Sandra aka Scamaroni is still blowing and going. So happy SEC’s rule 15c2-11 put an end to his plan to con others into buying the CACH mess.
Is scammer Mr. Sandra still trying-to-dupe others into buying his worthless CACH shares?
I’ve had him on ignore for over a year, so I lost track.
See? Look at that, Scamaroni, you’re lying again - this proves you are attempting to manipulate the stock, still - a habitual liar with a not so hidden agenda. It’s in the post YOU replied to. Read my words again:
The courts dismissed the Bankruptcy because the judge said CACHE wasn’t doing enough and the US Trustee said Cache kept Workers' Health Care deductions, how crooked is that???!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173258090
Going on 8 years you’ve been trying to manipulate this dead stock, and another 3 years saying “someone” will take it over to pump and dump it. Only one I see attempting to do that is YOU, Scamaroni - thank goodness the SEC stopped that plan with their Rule 15c2-11, despite being TOLD BY YOU ”and your SEC attorney” RME, it wouldn’t happen. <snicker>
Just wacko nonsense. The "team" doesn't ever learn.
Veronica, you didn't mention that their banktrupcy petition was "DISMISSED"!!!!
Why!!??
Please also enlighten us as to why CACH
Is trading more than 2 years later after
You said that it would be taken out by SEC,
The symbol will be deleted and done without and become a bunch of numbers!!
Is there a hidden agenda here!!
TIA Veroni,
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Moderators VeronicaFox |
On September 28, 2021, new amendments to Rule 15c-211 under the Securities Exchange Act of 1934 went into effect to enhance investor protection and improve issuer transparency. These amendments restrict the ability of market makers to publish quotations for those companies that have not made required current financial and company information available to regulators and investors.
Please note: After the amendment officially went into effect on September 28, 2021, it was more difficult to liquidate these securities. Quoting and market liquidity may also be very limited.
BE CAREFUL! As of 09/28/21, liquidation has been severely limited:
Continental Stock - Audit Control
Phone: 212.845.3206
https://www.sec.gov/Archives/edgar/data/0000350199/000104746908005558/a2185163z10-ka.htm
CEO
2008 to 2013, but employed with CACHE INC since 1987:
(*Info: Bloomberg)
https://www.marketwatch.com/story/cache-names-industry-veteran-margolis-as-new-ceo-2013-02-05
Chairman and CEO
02/2013 to 02/2015
https://www.linkedin.com/in/jay-margolis-72001245
https://seekingalpha.com/amp/news/804661
****Margolis’s parting shot to shareholders:
CEO of Bankrupt Chain Assures All Laid
Off Employees,
I’ll Be Fine!
You probably never shopped at Caché, a clothing store chain that catered to the prom set, because if you did they wouldn’t be going out of business right now. The company’s hundreds of locations are all shutting down, and all its employees have to show for it is this xxxxxx letter.
According to a Gawker tipster who appears to be a Caché employee, the following memo from CEO Jay Margolis was recently sent out to every single staffer: “the maintenance people, the sales people is [sic] Iowa...everyone.” They added that the company was “driven into the ground” by Margolis, who somehow thought this hopeful letter would make anyone feel better about anything. The tipster continued: Any vacation time [employees] had accrued they didn’t get paid for...It’s not so much Jay xxxxxx over all these people with his incompetent running of the company but it’s this letter he emailed to all...The entire letter is about him. What a pompous prick to xxxx over “thousands of people that make up CACHE” and then write this letter essentially saying “don’t worry I’ll be ok.” Self absorbed narcissistic prick.
Read Margolis's letter here:
https://gawker.com/ceo-of-bankrupt-chain-assures-all-laid-off-employees-i-170045699
**NOTE: Allison Malkin and Rachel Schacter were IR in 2013, NOT
Currently in 2022 as FALSELY Claimed.
CACH filed bankruptcy in 2015.
https://www.reuters.com/article/us-cache-bankruptcy/apparel-retailer-cache-files-for-bankruptcy-idUSKBN0L818B20150204
Thorough research is necessary on CACH.
BRIAN WOOLF RESIGNED IN 2008, over a DOZEN
YEARS ago. There's been no PR suggesting he was ever
rehired by CACH. Unless there is documentation
supporting he's been rehired, it's NOT FACT.
In addition, it says In the OTCMarkets disclaimer that the
info is "AS IS" -
OTCMARKETS Makes NO warranty of any kind.
See Press Release below showing Brian Woolf
RESIGNED from CACH in 2008. It's crystal clear that
Woolf ceased to work, i.e, RETIRED, IN 2014.
Also presented is his separation agreement. The Facts
have been presented, there should be No confusion.
*See links and screenshot below:
https://www.globenewswire.com/news-release/2014/11/05/680309/10106657/en/Body-Central-Corp-Announces-Retirement-of-Brian-Woolf-Appointment-of-Ben-Rosenfeld-as-President-and-CEO.html
https://www.sec.gov/Archives/edgar/data/0000350199/000104746908005558/a2185163z10-ka.htm
************************************************
**See Documented Correspondence Below:
THOROUGH DD IS IMPERATIVE
ON DARK DELINQUENT SEC REPORTING STOCKS
************************************************
DEBTORS COUNSEL:
• Pachulski Stang Ziehl & Jones LLP, Laura Davis Jones,
919 N. Market St, 17th Fl, Wilmington, DE 19801 - 302-652-
4100
• Pachulski Stang Ziehl & Jones LLP, Fax - 302-652-4400
• Pachulski Stang Ziehl & Jones LLP, Email -
ljones@pszjlaw.com
**************************************
What transfer agents are eligible to participate?
CACH Transfer Agent - Services Discontinued 2015
Continental Stock - Audit Control
Phone: 212.845.3206, 212.509.4000
**************************************
“The Misleading” – Daily Short Volume
https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/
*****************************************************
THIS IS USED BY OTCMarkets NOW, STARTING
09/28/2021
CACH IS A SEVERLY DELINQUENT SEC
REPORTER - SEVEN (7) YEARS NOW
This was used by OTCMarkets prior to 09/28/21, that's
when Rule 15c2-11 was enacted:
https://otce.finra.org/otce/equityShortInterest
************************************
Listed Below are numerous FALSE claims
regarding CACH, They are NOT Facts,
they are NOT "truths":
1. CACH filed a Form 15 and a
Form 25 - they didn’t
2. NYSE is same as Nasdaq - it
isn’t
3. Short volume is same as short
interest - it isn’t
4. Short interest conflated with
short squeeze - Non abusive short
interest doesn't cause a "short
squeeze"
5. CACH is a brick and mortar -
it isn’t
6. CACH has Abusive Short
Interest - it doesn’t
7. SEC Rule 15c2-11 is a “Story”
- it isn’t
8. CACH has abusive Naked shorts
- it doesn’t
9. OTCSHORTREPORT is factual
short interest - it isn’t
10. Reg Sho shows Short interest
- it doesn’t
11. Predictions are facts - they
aren’t
12. Cache retail is CACH the
stock - it isn’t
13. What’s dark about this
company? - it’s Dark, with No
information
14. Mark Zuckerberg wants to buy
CACH - Nothing whatsoever
supporting this nonsensical claim
15. The SEC filed forms
30,34,49,50,60,64 and 78 on CACH
- they didn’t
16. Who cares about repeated
false claims - honest folks do
17. CACH doesn’t need to report
to the SEC - they do
18. CATO is currently associated
with CACH - it isn’t
19. Form 25 is filed by the
issuer CACH - it isn’t, it wasn’t
20. "CASH" shares are being
shorted, see OTC Markets -
they’re not
21.100% of shares on
OTCShortReport are abusive -
they’re not
22. Only the vaccinated can trade
on TD Ameritrade after Sept. 28th
- total nonsense, again
** Erroneous claims will be Debunked !
**************************************
THOROUGH DD IS IMPERATIVE ON
THESE DARK / DELINQUENT SEC
REPORTING OTC EM STOCKS LIKE
CACH
DON'T BE FOOLED !!
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