Juma Technology Corp. (JUMT)

[dieseld28]

L2 .049 next

[dieseld28]

L2 .049 next

[BCNstocks]

$JUMT interesting volume. Most of the volume today was in the mid .003s and higher.

$JUMT: She's got some fire this morning........ hitting $0.004

Here comes the volume in droves

Pretty interesting move right now.

GO $JUMT

[81vette]

all assets transferred to nectar holdings(leading Oregon pot co.with 8 dispensarys)

[81vette]

20 year record vol.something is coming

[81vette]

crazy low float

[makinezmoney]

$JUMT: She's got some fire this morning........ hitting $0.004


Here comes the volume in droves.


Pretty interesting move right now.



GO $JUMT

[Mark]

JUMT .0028 52wk high here, has made big runs in the past

[JohnnyBlaze]

Little bit of volume here

[SuperC]

JUMT .0019 extreme 10day alert with a PPS move is a double good sign: http://www.nasdaq.com/symbol/jumt/historical

Quiet because no one here or twitter posting.

DD

sc

[mike306oh]

Sure someone is loading (@ the Ask) some JUMT shares, & @ 52 weeks high p/s, the chart starts looking good:

http://www.marketwatch.com/investing/stock/jumt/charts?symb=JUMT&countrycode=US&time=20&startdate=1%2F4%2F1999&enddate=9%2F12%2F2014&freq=1&compidx=none&compind=none&comptemptext=Enter+Symbol%28s%29&comp=none&uf=7168&ma=1&maval=50&lf=1&lf2=4&lf3=0&type=2&size=2&style=1013

Mike

[danrpoints]

jumt- someones loading

[mike306oh]

JUMT is alive!

Mike

[temp luvs amy]

Didn't Janice post here on that?


Empty and hijacked or sold to the highest bidder when Vision Capital needs the cash, or creates a business. You know that Vision is a business incubator, right?

The SEC doesn't like R/M's, but if the legal staff is capable, Vision has a viable shell which could be used to infuse a new business plan on the cheap. Speculation isn't an investment as much as it is a gamble. Vision could take control, or not. Flip a coin.

Don't bet the farm on it.

[retireat40]

http://promotionstocksecrets.com/jumt-an-empty-shell-pumped-on-lies/

[stockdawg44]

so slap it..call in the troops!

[TOUCAN]

not much on that ask

[SuperC]

Too many runs... the next one when it happens, days,weeks or months will be on company. Company info! :)

JUMT

[stockdawg44]

next run coming, hold tight....

[SuperC]

JUMT .007 now

[SuperC]

JUMT .006 after a few bailed, lol

[lunarmarket]

good morning

[janice shell]

Since when is JUMT in the mining business?

[temp luvs amy]

There are always a few negative nancys prior to big news.

I prefer not to be one of them. I become one when I actually get the news and it shows the negative side. I just valued it fairly. Is that a crime?

[janice shell]

It was frontrun and dumped. That's all.

[temp luvs amy]

You might take a look at some of my old posts.

I actually valued it much lower, prior to any news items, but I suggested that a higher value might attract attention and actually create the news.

It looks like my projections have become somewhat correct.

[janice shell]

Well, yes, it is. The stock was down 50% today. Anyone who bought BEFORE the big run on Tuesday and held lost 50% of his winnings.

[temp luvs amy]

They don't seem to be saying anything. Meanwhile, the market is speaking to those who have ears.

Did the CEO say all debt was extinguished? It sure sounded like it. that makes this a quite clean and quite valuable shell, IMO.

[janice shell]

The market has no say in these things. Only the SEC does.

[temp luvs amy]

I think the market is saying; "they still can"

If hijackers can do it, a few pennies more might convince them of their capabilities. You just never know.

[janice shell]

Okay. But the Vision funds don't run the company. They're control persons, yes, but if they wanted to run the company, they should have had old management install them as new management. Or at least as new directors.

[janice shell]

Reverse mergers are common. Juma was formed through one. They bought the shell of a cosmetics company. But reverse mergers are undesirable. The SEC doesn't care for them one bit.

Stocks are usually hijacked by completely unrelated people. Usually, they wait till a public shell's incorporation has been revoked. They the perps appear, pay the fees due, and then put the company into the control of themselves or nominees. They often use state custodianship or receivership proceedings to do that.

Then, armed with a corporation in their name, they go to the TA and take over the public company. They may start making OTCMarkets or even SEC filings. Sometimes they control the TA. In the Boock case, the perps created their own transfer agency to make things go more smoothly.

What they do is illegal.

[temp luvs amy]

intransitive verb
: to become of advantage <policies that inure to the benefit of employees>

You might also look up "Fiduciary" and explain the role of a CEO in those terms.

[temp luvs amy]

Like a hijacking.

Interesting that you mention hijacks.

I saw one company hijacked in a court of law. The judge decided that a scammer owed the plaintiff a sum of money, and the plaintiff got a convertible debt issue to pay the judgement.

I spose someone might use such ways to gain a majority of shares. How do hijacks usually occur? Maybe someone offers Vision some money to make a shell into a viable entity without having to file for an entire IPO? I've seen that one too.

[temp luvs amy]

Shells are a tough game. I have played a few.

I still have a few inactive positions that I am waiting on.

I think any action might be enough to convince the major holders to rethink the valuation.

How much does it cost to go public? How much would it cost to buy this shell and rehabilitate it?

I found some interesting items in the SEC rules. It appears to me that some insider trading is actually legal if the profits are intended to inure to the shareholders. A good trader could have created a lot of capital to give back, and the SEC couldn't very well disagree with a qualified investor with cash. All IMHO.

Inurement isn't really very profitable unless you get a CEO's salary. I am not a CEO or a major holder, so it is just my humble opinion. I did try it once.

[GlassCrasher]

This pump couldn't even last 2 days!!!! LMFAO!!!

[GimmePennies]

It will trade....right down into triple zero's.

[GEM]

....And JUMT is being traded, and there is nothing one can do about it ~ per your words Janice.

There's nothing they can do about the ticker. It will continue to trade...........

Your words, Not mine.
JUMT~~~Trade On


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89181089

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[janice shell]

I have no idea why they did it the way they did, but the result is that JUMT is a zombie ticker.

[temp luvs amy]

Normally, when both management and directors of a company resign, as their last act they appoint some new directors. They could have done that in the 8-K of 31 December.

But they didn't.

Normally, when a company is dissolved, it should go through a process to delist and cancel.

They didn't do that either.

So you get what we have here, A failure to communicate.

Which is the way he wants it. He gets it.

[janice shell]

They are the controlling shareholder, by any standard measure. It is up to them to appoint a board and officers if the old ones resigned.

Yes, they're definitely affiliates. But generally speaking, that would only affect how much stock they can sell in any quarter, and of course would require them to report their holdings and their trades to the SEC. Though they haven't really been obliged to do that since the company went dark.

So I don't know why they filed those last few Schedules 13. They did the same with TCPS after it filed a Form 15. And then eventually they filed a last 13 saying they'd realized they didn't have to bother.

And that's why we don't really know how much stock they own now. They may have simply stopped making insider filings, which it is their right to do.

Even as affiliate, I don't believe they can appoint a board, much less officers who would contact FINRA on the company's behalf. Officers are appointed by the board.

Normally, when both management and directors of a company resign, as their last act they appoint some new directors. Then the new directors appoint new officers. They could have done that in the 8-K of 31 December.

But they didn't.

[temp luvs amy]

Majority holder? They are the controlling shareholder, by any standard measure. It is up to them to appoint a board and officers if the old ones resigned.

Perhaps we need to study the bylaws and legal issues. Probably better to just call in the Lawyers?

I am of the understanding that even "Major Holders" are "deemed" to be affiliates of the company if their holdings exceed 10%.

[temp luvs amy]

Thanks, I found it earlier and managed to find some special resources on the page.

I also noticed some familiar names.

I traded NGHT last year. It was CNTN when I bought it. The SEC suspended it, and a few years later, the CEO got it reinstated.

I would hate to see that happen here if the hedge fund has to go through extra gyrations because soemone read the PR's wrong.

I originally read them wrong, and I think a few others did, too.

The distinction between Nectar and Nectar is tough.

[janice shell]

Ohhh, I see what you mean. Yes, if the company files a corporation action request indicating it's planning a dissolution, that happens.

But there is no "company" left here. The Vision funds control JUMT, in the sense that they're majority shareholders, but they aren't officers or directors. Only the latter can deal with FINRA on behalf of the company.

[Papalaka]

Not a website, but here's a good Conspiracy Theory "resource" for you to explore :)

http://investorshub.advfn.com/boards/board.aspx?board_id=19670

[janice shell]

No, FINRA can't do that. Some tickers tick on and on for years without meaningful action. Just a trade or two every couple of months. And nobody does anything about them. At least if they're Grey, they aren't likely to be hijacked.

And that's why the SEC suspended 61 stocks in early June, and another 379 in May 2012.

lol, while in the past the CIA actually HAS been involved with penny stocks, I don't think they're interested in JUMT.

[zomniac]

Maybe I should create a conspiracy website?

Too much competition

[temp luvs amy]

Finra seem to delete Tickers rapidly after a cancellation. You would think a proper dissolution would involve a cancellation.

They seem to invite this type of activity. I used to think the CIA was funding their operation with shares like these, and that's why the government doesn't pay attention.

You never know? Maybe I should create a conspiracy website?

[janice shell]

They could dissolve the corporation, and may do that. Unfortunately unless you pay Delaware $10, they won't tell you whether the company's status is active or not.

Maybe somebody should look into the liability of controlling ownership regarding the interests of minority shareholders?

I don't think they have any, unless something really bad happens. Like a hijacking. Technically, they're control persons, but they aren't management, and they aren't directors.

There's nothing they can do about the ticker. It will continue to trade. There's no way to get rid of it unless it stops trading altogether for a couple of years. If that happens, FINRA will delete it as an inactive issue.

[temp luvs amy]

You are probably right about some of this, but shouldn't a company who takes all of the assets, and owns the controlling shares do a legal dissolution of the shell?

Maybe somebody should look into the liability of controlling ownership regarding the interests of minority shareholders?

Maybe you can mention it when you talk to the governement?