Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
And you've come an even longer way, dum@$$!
#ONWARD & #UPWARD!
You've come a long way, dum@$$!
LET'S #ROLL!
Their registration was revoked on October 17th
I think the 15-12g was an attempt to save the shell at the last minute. What sucks is if they had filed the form when IPYS originally became a shell back in 2004 none of this would have happened. Maybe there is a chance it could come back in another form someday though I haven't found any that suffered this fate that have.
-------------------------------------------------
SEC Revokes Registration Of Securities Of Instapay Systems For Failure To Make Required Periodic Filings
10/17/2007
On October 17, the Securities and Exchange Commission (SEC) revoked the registration of each class of registered securities of Instapay Systems, Inc. for failure to make required periodic filings with the Commission. Without admitting or denying the findings in the order, except as to jurisdiction, which it admitted, Instapay consented to the entry of an Order Making Findings and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 as to Instapay Systems, Inc. finding that it had failed to comply with Section 13(a) of the Securities Exchange Act of 1934 and Rules 13a-1 and 13a-13 there under and revoking the registration of each class of Instapay's securities pursuant to Section 12(j) of the Exchange Act. This order settled the charges brought against Instapay in the Matter of The CattleSale Co.
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=3274513
I never heard back from the company and have not checked on it since. I don't know much about this company, but those who hold shares may do very well once the legal matters are completed. The company chose to deregister with the SEC and delists its shares. Now, they don't need to get their financials up-to-date until they are ready to reregister again. The company appears to be working on it so it's a wait and see; check the filings, and try contacting them or the lawyer involved for some information. I'll see what I can find out. GLTA
u find any new info on this..TIA
Thanks.... however... lol
Re: "I have warned gays here in the past" ....I'm not at all gay, not that there's anything wrong with that : /
I am however a huge bagholder I guess, I had this stock back when it was an actual company, and held on after Kryptosoma left as the thoughts of a shell & reverse merger intrigued me.
After the 15-12g and press release where they said they were in talks with prospective partners I was having visions of a .001 to 3.16 shell boom like last time when they went from Filmagic to IPYS... I guess that isn't going to happen now which really sucks LOL
What happens to my shares, will my online brokerage hold on to them for as long as I want, and if they do try to re enter the market someday will they be automatically be reactivated again? From research I've done tonight it seems I can either hold them with the very remote possibility they might someday return to the market in some form, or get a letter declaring them worthless for a tax write off?
ipys26 This stock is dead . the possible thing that can be listed again is coming with new egistration and new symbol. but I doubt that will be . I have warned gays here in the past.
Here is what I found re: IPYS.... :(
http://www.otcbb.com/asp/dailylist_detail.asp?d=10/17/2007&mkt_ctg=NON-OTCBB
It says "registration revoked by sec"
I thought when they filed the 15-12g this wouldn't happen?
Has a stock ever recovered from something like this and returned to the market or is this stock finished? Is it automatically liquidated at .001? :(
IPYS: Wondering what is going on?
Hi, as of yesterday ipys / ipys.pk is no longer listed on yahoo finance, pinksheets, or on any of the major brokerage sites like Etrade. Is this a procedural thing related to the deregistration where it will be back on the pink sheets / gray market in a few days, or does this shell no longer exist? Any info would be great, thanks.
Your Welcome.
thank you coolwhip
many thanks!
July 25 a 15-12G Filed.
15-12G 1 v082123_15.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g)
OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE
REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number 0-17462
INSTAPAY SYSTEMS,INC.
(Exact name of registrant as specified in its charter)
236 Third Avenue-Suite A, Chula Vista, CA 91910
714-580-7469 or 619-688-1199
(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)
COMMON STOCK, $0.001 PAR VALUE PER SHARE
(Title of each class of securities covered by this Form)
NONE
(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:
Rule 12g-4(a)(1)(i) x Rule 12h-3(b)(1)(i) x
Rule 12g-4(a)(1)(ii) o Rule 12h-3(b)(1)(ii) o
Rule 12g-4(a)(2)(i) o Rule 12h-3(b)(2)(i) o
Rule 12g-4(a)(2)(ii) o Rule 12h-3(b)(2)(ii) o
Approximate number of holders of record as of the certification or notice date: 169
--------------------------------------------------------------------------------
Pursuant to the requirements of the Securities Exchange Act of 1934 INSTAPAY SYSTEMS,INC., has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.
Date: July 25, 2007 By: /s/ R.B.HARRIS
--------------------------------------------------------------------------------
R.B.Harris
President/CEO and Director Chairman
By: /s/ FRANK DESANTIS
--------------------------------------------------------------------------------
FRANK DESANTIS
Vice President, Director
By: /s/ SONG LIPING
--------------------------------------------------------------------------------
Song Liping
Director, International Advisor
By: /s/ AUBRYE A. HARRIS
--------------------------------------------------------------------------------
Aubrye A. Harris
Secretary, Director
Form 8K/July 25, 2007
8-K 1 v082122_8k.htm
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Pursuant to Section 13 or 15 (d) of The Securities Exchange Act of 1934
Date of Report
July 25, 2007
Commission File No. 0-17462
INSTAPAY SYSTEMS, INC
(Exact name of small business issuer as specified in its charter)
UTAH 87-0404991
(State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.)
236 THIRD AVE- SUITE A, CHULA VISTA, CA 91910
(Address of principal executive offices)
(714)580-7469
(Issuer's telephone number)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
--------------------------------------------------------------------------------
Item 7.01 Regulation FD Disclosure.
The company is presently party to a litigation involving a prior director of the company. It is unknown as to what the final outcome of this litigation will be. It could result in the company’s favor or at worst it could result in the prior director’s favor resulting in a financial burden to the company. As additional information is available it will be provided on future 8-K filings.
Item 8.01 OTHER EVENTS
Effective immediately the company’s address for communication and mail shall be 236 Third Ave-Suite A, Chula Vista, CA 91910. The prior address of 14284 Point Reyes ST., Fontana, CA 92336 will no longer be used as it was the address of a director. The company’s fax numbers shall be 714-536-3169 or 619-425-2120. For phone communication or voice mails, the following number shall be effective immediately 714-580-7469, which is currently the voice mail number for the board director R.B.Harris.
The company is currently in negotiations with individuals interested in both assuming the operations of the company, as well as bringing potential business opportunities to the company. The company has been in a dormant state since the cancellation of the Kryptosima business.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
INSTAPAY SYSTEMS, INC.
( Registrant )
Date: July 25, 2007
By: /s/ R.B.Harris
--------------------------------------------------------------------------------
R.B.Harris,
Director Chair, Interim President/CEO
By: /s/ FRANK DESANTIS
--------------------------------------------------------------------------------
Frank DeSantis
Director,Vice President
By: /s/ Song Liping
--------------------------------------------------------------------------------
Song Liping
Director, International Advisor
By: /s/ Aubrye A. Harris
--------------------------------------------------------------------------------
Aubrye A. Harris
Director, Secretary
July 20, 2007 Order Instituting Proceedings and Notice of Hearing Pursuant to Section 12(j) of the Securities Exchange Act of 1934, the SEC investigation alleges that:
Instapay SYstems, Inc. (CIK No. 846494) is an expired Utah corporation located in Chula Vista, California with a class of equity securities registered with the Commisission pursuant to Exchange Act Section 12(g). Instapay is delinquent in its periodic filings with the Commision, having not filed any periodic reports since it filed a Form 10-QSB for the period ended September 30, 2004, which reported a net loss since inception of $3.1 million. As of July 12, 2007, the company's common stock (symbol) "IPYS") was quoted on the Pink Sheets, had fourteen market makers, and was eleigible for the piggyback exemption of Exchange Act Rule 15c2-11(f)(3).
(
I don't know anything about this company's past, but I'll post what I can find from the public records.
The SEC temporarily suspended trading on InstaPay Systems, Inc. on July 20, 2007 due to a lack of current and accurate information because they have not fled certain periodic reports with the Commission.
http://www.sec.gov/litigation/suspensions/2007/34-56110-o.pdf
http://www.sec.gov/litigation/suspensions.shtml
coolwhip congratezz u are the new mod
thanks for the DD
http://investorshub.advfn.com/boards/profile.asp?User=70866
notice 5M in volume today
Form 8-K for INSTAPAY SYSTEMS INC
--------------------------------------------------------------------------------
27-Jul-2007
Regulation FD Disclosure, Other Events
Item 7.01 Regulation FD Disclosure.
The company is presently party to a litigation involving a prior director of the company. It is unknown as to what the final outcome of this litigation will be. It could result in the company's favor or at worst it could result in the prior director's favor resulting in a financial burden to the company. As additional information is available it will be provided on future 8-K filings.
Item 8.01 OTHER EVENTS
Effective immediately the company's address for communication and mail shall be 236 Third Ave-Suite A, Chula Vista, CA 91910. The prior address of 14284 Point Reyes ST., Fontana, CA 92336 will no longer be used as it was the address of a director. The company's fax numbers shall be 714-536-3169 or 619-425-2120. For phone communication or voice mails, the following number shall be effective immediately 714-580-7469, which is currently the voice mail number for the board director R.B.Harris.
The company is currently in negotiations with individuals interested in both assuming the operations of the company, as well as bringing potential business opportunities to the company. The company has been in a dormant state since the cancellation of the Kryptosima business.
Hi Freto, I'm trying, someone else got those. Lucky dawgs.
hey da..u get those .02's today?
nice volume today
0.0026 50000 OTO 15:58:41
0.0026 50000 OTO 15:15:29
0.0025 95000 OTO 13:41:42
0.0025 50000 OTO 12:30:15
0.0025 500 OTO 11:27:42
0.0026 1000 OTO 11:03:36
0.0026 1000 OTO 11:03:23
0.003 100000 OTO 09:30:49
like this iz ur first post on ihub
who sent ya?
come back in a few years then!
Hay ,
is there anything up with this dead shell? , and when?realy I don't see any reason to buy this shell , and waiting years for nothing !!
IPYS, just keep accumulating, :) eom
some action today
mite move later this week! IMO
04/02/07
Time & Sales
Price Size Exch Time
0.003 50000 OTO 12:44:24
0.002 10000 OTO 11:17:27
0.002 50000 OTO 11:15:16
0.002 400 OTO 11:11:29
0.003 50000 OTO 11:06:31
0.002 500 OTO 09:57:28
3/30/07
Time & Sales
Price Size Exch Time
0.002 10000 OTO 15:01:17
0.003 50000 OTO 14:18:21
0.002 2100 OTO 11:46:30
0.002 3000 OTO 11:29:57
0.002 200 OTO 11:29:16
0.002 150 OTO 11:27:01
0.002 2650 OTO 11:04:09
0.003 50000 OTO 10:50:40
0.002 2000 OTO 09:30:11
3/29/07
a few of these are mine!
Time & Sales
Price Size Exch Time
0.002 500 OTO 15:57:12
0.003 50000 OTO 15:55:26
0.002 245200 OTO 14:09:30
0.002 200000 OTO 14:09:25
0.002 25000 OTO 14:08:50
0.002 5000 OTO 14:08:45
0.002 5000 OTO 14:08:39
0.003 5000 OTO 13:19:36
0.003 8300 OTO 11:28:56
0.002 4000 OTO 09:53:33
0.002 250 OTO 09:30:03
some interest today, very nice, looking to add here.
good luck!!
Time & Sales
Price Size Exch Time
0.002 245200 OTO 14:09:30
0.002 200000 OTO 14:09:25
0.002 25000 OTO 14:08:50
0.002 5000 OTO 14:08:45
0.002 5000 OTO 14:08:39
0.003 5000 OTO 13:19:36
0.003 8300 OTO 11:28:56
0.002 4000 OTO 09:53:33
0.002 250 OTO 09:30:03
Added a few today, just keep accumulating if you are able, the volume and price action will come when you least expect it ... you will never catch this one once it starts up.. the fills buyers get will be an insult when it starts heading up...
I accumulated nearly 1 mil shares of IOGH last month over a couple weeks when everyone was selling and dissing it... then all the sudden it went up six times :)
someone sold at market
Time & Sales
Price Size Exch Time
0.002 50000 OTO 15:26:27
0.0035 50000 OTO 15:26:24
0.003 50000 OTO 15:26:24
0.0031 1000 OTO 13:10:52
0.004 25000 OTO 12:14:26
0.004 35000 OTO 12:14:09
0.003 30000 OTO 11:59:33
0.0039 10000 OTO 11:53:23
0.0039 45000 OTO 09:42:22
0.0039 50000 OTO 09:40:06
3 dollars and ten cents grrr e
for sure...some volume today!bout time..lol
yw freto, IPYS will get attention in time, be in the pennies soon :) eom
ty investwise
will update the ibox
Confirmed with CEO that IPYS has no business operations at present, it is a shell.
No business operations since 2005.
Not able to comment at this time on current plans for the IPYS shell.
Any information about the direction of the Company will be released to the public when appropriate.
Interesting that he did not say when asked if they are seeking merger partners, only that there is no comment at this time.
Remember that IPYS is already experienced with reverse mergers so it is a traveled road for them, this one is a keeper at these fire sale prices, may be something going on here.
yes it does, it will come but when is the question.
thanks for the updates guys, like i said before, I haven't played a shell before but have watched them run.
in with a core position and will add as needed.
Time & Sales 1:50 PM 03/23
Price Size Exch Time
0.0035 10000 OTO 13:11:41
0.0035 20000 OTO 11:34:16
0.0035 10000 OTO 11:30:18
0.0035 5000 OTO 11:19:35
0.0035 10000 OTO 11:15:19
0.0039 15000 OTO 11:08:50
0.004 15000 OTO 11:08:49
0.0037 25000 OTO 11:08:02
0.0037 25000 OTO 11:08:02
I have calls into all the principals, will post when contact made. good luck and health to all
Then we have Ms. Song Liping, Director of IPYS with direct links to Chinese based businesses:
Source: SEC filings
MS. SONG LIPING: AGE 45, DIRECTOR. Ms. Song Liping has a Masters Degree
in Business Administration, British and in American Language & Literature. She
has been a Foreign Development Manager with the Development Department of
Shanghai Pudong Real Estate Company. Ms. Song has been a Lecturer, Director and
Interpreter, of the First Teaching & Research Office and Business Head for the
External Cooperation Department for Shanghai New Asia. From 1998 to 2003 she
worked for Enterprise Development Department of Shanghai Pudong Real Estate
Company as Assistant Manager. Since 2003, Ms. Song has been Managing Director of
Shanghai Milco International Trading & Development Co. She was also a member of
the Board of Directors of Aubryn International Inc.
CEO has experience with acq/mergers, as many know, there have been many reverse mergers involving Chinese based companies looking for public US vehicles..
From SEC filing : (emphasis added)
MR. R. B. HARRIS: AGE 52, DIRECTOR, CHAIRMAN. Mr. Harris has been
involved in International Business for many years. Mr. Harris has a Bachelor of
Science Degree from Cal Poly Pomona, and has spent 30 years in the automotive
industry, helping to establish and operate auto dealerships. He has also been
involved in International mergers, acquisitions, and joint ventures, including
founding Aubryn International in 1993 to provide automotive warranties and
services in Mainland China. In 1996 as President of Aubryn International, Mr.
Harris created two mergers. One was the acquisition of "Wuhan Huamei GM Service
Center", in Wuhan China. Wuhan Huamei had offices in Shanghai and Kumming China.
Time & Sales 3/22/07
Price Size Exch Time
0.004 3500 OTO 15:56:06
0.004 25000 OTO 15:48:58
0.0039 25000 OTO 15:48:58
0.004 50000 OTO 15:12:47
0.0039 50000 OTO 15:12:47
0.004 26700 OTO 15:11:24
0.004 26600 OTO 15:11:17
0.004 26700 OTO 15:11:05
0.0039 26700 OTO 15:11:05
0.0035 25000 OTO 15:00:04
0.003 10000 OTO 14:54:18
0.003 30000 OTO 13:08:14
0.0025 35000 OTO 12:42:42
0.0025 10000 OTO 12:42:42
0.0025 30000 OTO 10:56:26
0.0025 10000 OTO 10:31:27
0.002 840 OTO 10:19:57
pretty low floater for this price level, looking for more volume tomorrow.
good luck everyone!!
Followers
|
2
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
92
|
Created
|
06/08/04
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |