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MDXX inactive security. FINRA deleted symbol.
https://otce.finra.org/otce/dailyList?viewType=Deletions
Somebody in Vancouver owns the shell.
do you know who Brainard is? or is it Barnard?
Somethings up we are back to trading with 10 shares at .0001. A new guy has the company (shell)
1for1000 10-2012, 169k-O/S, greysheets, marketcap almost 0??
something must be a bit off with the last data
http://www.otcmarkets.com/stock/MDXX/company-info
shell? how big was the R/S? assuming that's what happened to move 0001 to 04?
I had accidently typed in mdxx instead of mdbx..
Read the IBOX, Dead!!
It's over! Paul has resigned to pursue his bussiness plan to become a national whellchair fixer. Medex now has nothing but an empty shell. the stock is worth nothing.Most people blame Zanic and Brainerd But the real blame lies with Larry.
IMO.
Why do you think there is no volumn?
Back to trading? Guess it cant get revoked. They de-registered already.
1/17/2013 09:30:00 MDXX MEDEX INC NEV H10 2/1/2013 07:00:00 07:00:00 Yes u
http://www.otcbb.com/MarketWatch/
There may be very little volume here when this begins to trade again tomorrow. Not allot of interest.
Folks take anything you can get.
Good luck.
LISTEN UP PEOPLE!!!!
This is dead!! DEAD!!! All the crap PRS they've lined up are on the floor. The principle bagholders who strung us all along two years ago cannot get rid of their wall-paper shares through a pump and dump here now. And you guys know who I'm talking about.
The SEC was warned and they have acted. The Grey Market is so beautifully named cuz that's the facial colour of the frauds behind this.
THERE IS NO REGULATED MARKET MAKING ON THE GREY MARKET so forget what the charlatans claim.
Five people in particular stand out in mind.
Good luck to you CRETINS flogging your toilet paper TO EACH OTHER in GHOSTLAND!!
And..to all the others who got nailed here,
Best Wishes,
Live, Pay and Damnit (before it's too late) Learn,
Lord....
Spinnaker1
the sec has not moved for revocation. trading will resume on the grey market on friday, 2/1/13.
If this stock gets revoked after Jan 31 then it's gone for good
Good luck!
LOL, Funny post on MDXX.
lolol. maybe not.
mdxx officially on grey market.
http://www.otcmarkets.com/stock/MDXX/quote
My 2.2 Cents worth...
When the SEC suspends a stock you are invested in it can be a very emotional and even sickening experience. The first reaction for me was it was not fair and the SEC was somehow mistaken. Then to have to wade through all the posts trying to figure out what is truth and what is fiction. I have been through a suspension and have followed many others since. This is what I can tell you based on facts and experience from the day of suspension to the first day of trading to what you can expect long term. This is reality.
Don't believe anything the company tells you or especially what somebody might claim came from the company. None of it matters. The SEC action is what it is. The SEC has already done it's investigation. The suspension is not a mistake and will not be quickly resolved. It's game over.
There will be allot of misinformation on the boards and most of that it is down right wrong. If you hear someone say they talk to the SEC and they said that it would all be cleared up soon or in a few days…They are lying to you. The SEC NEVER comments on a suspension EVER. This stuff mainly comes from folks that are looking to keep people from selling first thing so that they themselves can be the first one's out. That's what makes sense.
I have heard it all. Even some saying that the suspension is a good thing for reasons like that there will be no more MM games or the shorts are done or that the company will now need to file financials or that this company is somehow special. All ridicules. Reality is that it's way to late now. It's all not true. A SEC suspension is NEVER a good thing. The stock WILL remain on the grey market until the SEC clears it with the conclusion of it's investigation. That is also very unlikely to happen. The SEC has a pretty good record for these suspensions. I have never heard of one being a "mistake" or that they will soon clear us". It just does not happen.
The reason the SEC takes a action like a 10 day trading suspension is to protect FUTURE investors. Not you. It's to late for you. Nobody but yourself could protect your money up till this point. Penny stocks are full of cons and scams you should have been aware of that. Now that there as been a suspension by the SEC and the stock is relegated to the grey's. Future investors will be aware that it is very risky to invest in the stock and it will and does effect volume. Volume will gradually drop off to almost nothing after a few weeks or months. Liquidity will became a REAL problem.
When the SEC takes this action it means that when trading resumes in 10 trading days that the stock WILL open on the grey market. When trading on the grey market there will be no L2 and no bid/ask. The stock will be trading blind and the trades of buys and sells will need to be matched by size and price per share. There will be NO market makers to provide liquidity and help with matching trades.
Form 211
A market Maker will need to file a Form 211 with FIRNA to get of the Grey Market. Don't believe all the hype about that from anybody, the company included that it will happen soon or in a few weeks. It NEVER does... EVER.
They will need to comply with SEC Rule 15c2-11
http://www.otcbb.com/aboutotcbb/forms/form211.pdf
How many stocks come back from a SEC suspension? Not very many at all. Look at this statistics compiled by Renee..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79827252
For the first few days and if you are lucky.. A couple of weeks, trading on the greys will have some good volume. My opinion of the suspended stocks i have watched has been to sell early and put it behind you has the odds of the PPS going higher than before it was suspended are very slim. There will actually be some buyers. They are true believers trying to averaging down and then there are some that will try to play a bounce from a extreme low. If you are hearing that you will be getting a PR with great news…Forget it. It never comes. Most of these CEO's of suspended stocks have enough sense to keep their mouths shut. At least in anything that can be documented.
There is no good outcome from a SEC suspension.
When trading in the Grey Market you will need to think like a buyer. The trades need to match by price and size. So use smaller round numbered lot's. like 5,000 not 5,675 and 100,000 for like .005 stocks. When i sold i used the "all or none" on my trades because i did not what to be left hanging for hours. But sold in smaller lots of different sizes and slightly different prices. With good volume they went pretty quick. Buy the way that was Act Clean during the Gulf oil spill in June 2010 and i managed to recoup 30% of my money and as it turned out was lucky to get that. the post are there for all to see. It was not a good time and i felt i got the shaft by the SEC. It did not turn out well at all for those that held. Looking back now i learned allot about trading penny stock since then. It's trading you should be doing with these not investing. Buy'em Sell'em.. move on.
The reason why I am posting this...
It is definitely NOT because I want cheap shares. I will NEVER buy a Grey Market SEC suspended stock. It's because allot of folks read these boards but don't post much and somebody needs to put out some real info. Not a bunch of wishful thinking, delusion, hope and dreams. I learn allot from some here on I-hub and in my research. I don't like seeing shady CEO's and promoters taking advantage of us little retail guys. If it is to good to be true…It is. Ask or look for conformation. The best we got with these publicly traded stocks is filings research and are own intuition.
To learn more about Grey Market trading you can look here...
How many stocks come back from a SEC suspension? Not very many at all. Look at these statistics compiled by Renee..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79827252
To get off the Grey Market the company will need the all clear from the SEC and the company will need CURRENT AUDITED FINANCIALS for a Market Maker to file a form 211. The process could take years. A Market Maker will NOT TOUCH a stock that is still under SEC investigation. EVER.
http://www.otcbb.com/aboutotcbb/forms/form211.pdf
Some IHub Boards for more information...
http://investorshub.advfn.com/Grey-Market-or-Grey-Sheet-Q-&-A-25608/
http://investorshub.advfn.com/Grey-Sheet-Grey-Market-Stock-Info-Board-3459/
http://investorshub.advfn.com/SEC-Suspensions-&-Revocations-25334/
SEC links...
Investor Bulletin: Trading Suspensions
http://www.sec.gov/investor/alerts/tradingsuspensions.pdf
If there was a no action letter it would be found here. Though if a stock as been suspended it is likely way past that point.
http://www.sec.gov/divisions/marketreg/mr-noaction.shtml
Good luck all
I said it. Grey market. Dead! It's all over!
Fri, Jan 18, 2013 12:00 - Medex, Inc. (MDXX: Grey Market) - Venue Change - The symbol, MDXX, no longer trades on OTC Link. As of Fri, Jan 18, 2013, MDXX trades on Grey Market. You may find a complete list of venue changes at otcmarkets.com.
Wow that was quick. I guess that guy on SA is looking like a genius for shorting this.
MDXX is dead!!!
LOL I was trying to be nice about it. I agree! I feel bad for all who bought!
it's not a good possibility, it's a certainty.
MDXX good possibility of going to the Grey Market!
No, this is not great news. If the company was junk before, it is now toasted junk. Here is what comes next --
http://investorshub.advfn.com/Grey-Market-or-Grey-Sheet-Q-&-A-25608/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80033223
Not really.every time there's an investigation done that means you know all the paperwork and all the news releases all real. It happens to a lot of companies
That is great news. Let them investigate to make sure that the two John's Are not involved in this deal. I really think the company has good potential 's long as those two crooks are not Involved.
The Securities and Exchange Commission (“Commission”) announced the temporary
suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange
Act”), of trading in the securities of Medex, Inc., (“Medex”) commencing at 9:30 a.m. EST on
January 17, 2013, and terminating at 11:59 p.m. EST on January 31, 2013.
The Commission temporarily suspended trading in the securities of Medex because of questions
that have been raised about the accuracy of assertions by Medex, and by others, in press releases
and other public statements to investors, and in promotional emails, concerning, among other
things: (i) the company’s operations; and (ii) the company’s outstanding shares.
http://www.sec.gov/litigation/suspensions/2013/34-68682.pdf
How is your "investment" here?
Medex Inc. Warns Public of Un-Solicited Email Spam
Medex, Inc. (PC CE) (USOTC:MDXX)
CHULA VISTA, Calif., Jan. 16, 2013 /PRNewswire/ -- Medex Inc.
(OTC Markets Group, Inc.: MDXX) announces today that the Company and its officers wish to warn the public regarding the unauthorized and unsolicited use of company press releases, corporate website domain and information relating to the Company by an unknown party and that such use is illegal spam and strictly prohibited. Medex Inc. is currently investigating the source of this illegal spam with the assistance of its corporate counsel. Medex Inc. expressly prohibits the use of spam and demands that the responsible party immediately cease this illegal activity.
Medex Inc. encourages the public to be well informed and to thoroughly research any investment of securities prior to making any financial commitment as well as seek the advice of a licensed broker prior to investing. The Company further cautions the public against relying upon unsolicited emails or phone calls when it comes to investing. Medex Inc. is currently investigating the source of this illegal spam with the assistance of its corporate counsel. The Company deeply regrets the inconvenience this has caused and apologizes to those whom have been affected. Medex Inc. has not given any authorization, express or implied, for any company or persons to perform in this manner. These actions qualify as stock promotion and are classified as illegal marketing tactics.
Corporate Actions — OTC Pink Caveat Emptor Status Changes
January 16, 2013 MDXX Caveat Emptor
I'm having problems accessing my email box. Only shows I have mail And from whom.
Good for you it's your money.
Invacare Corporation - Leading manufacturer of wheelchairs
Invacare Corporation is the world's leading manufacturer of wheelchairs, bariatric equipment, disability scooters, respiratory products and other home health ...
Website is down?
Have them try. I give them my info!
Wow that's a strong statement. You could be sued for that unless you have evidence of course.
Why did it go down? It's a scam ran by a drug dealer!
Great post everyone should have read before they bought into his fraud;
who'd you talk to paul protzman? I'll give him a call tomorrow hopefully it's a # he can be reached at!
Thanks for providing Ph#s he can be reached at!
http://themedicalequipmentlocator.com/medical-equipment.php/bizPhone=(619)427-0100
http://www.merchantcircle.com/business/Bee.Mobile.Inc.619-427-0100
Do you know why no-one answers this PH # Phone: 619-616-2649
Or this one on their website;
Investor Relations Contact
Medex, Inc.
1-800-869-1060
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