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.
Someone got 2,500 shares at .000001
.025 worth.
lol
Oh how I hope a custodian grabs this one someday.
LMGR: Pink to Expert
Corporate Actions: Market Changes
ACTION TYPE EFFECTIVE DATE SYMBOL DESCRIPTION
Market Change 09/27/2021 LMGR Market change from Pink No Information to Expert Market
Market Change 05/07/2020 LMGR Market change from Grey Market to Pink No Information
Market Change 05/30/2008 LMGR Market change from Pink No Information to Grey Market
Market Change 10/16/2007 LMGR Market change from Grey Market to Pink No Information
Market Change 10/16/2007 LMGR Market change from Pink No Information to Grey Market
https://www.otcmarkets.com/stock/LMGR/disclosure
LMGR: Very weird. It survived the cut.
My only guess is because it’s still registered with the SEC.
https://www.otcmarkets.com/stock/LMGR/profile
This paint ain't random.
Somebody trying to shake out shares before the end of the week.
Good luck.
Float is small and locked.
One glance at the last years historical trades will tell you that.
For the record, I am holding.
Sooner or later a custodian will pick this one up.
That is my belief.
NV Shell
SEC REGISTERED (More Valuable)
ABANDONED (Already picked up by custodian before with no opposition)
TENS of MILLIONS of SHARES ISSUED without SERVICES RENDERED
CE ADDED because of RETAIL (Should be easy to remove)
NEVER SUSPENDED by the SEC (Clean)
Yep. Have a great week!
Sure was nice, btw, to finally see LMGR close way green.
Its been a long time coming.
Thanks, Creede. Appreciate the quick response!
TH
Hi toohot,
that's a hard thing to predict. LMGR is an unsolicited pink trading on the very bottom rung (Pink No Info).
The SEC has recently updated the Form 15c2-11 rule. If nothing changes with the stock, sooner or later it will be impacted.
http://securities-law-blog.com/2020/09/22/the-sec-has-adopted-final-amendments-to-rule-15c2-11-major-change-for-otc-markets-companies/
Since LMGR seems abandoned it's highly unlikely that it will become current before time runs out (I think that would be next summer).
The biggest hope is the company is picked up a custodian. If that happens then I believe the new rule gives new ownership 18 months to get current.
But to answer your question...
If a custodian grabs her then I certainly think she could move up quite a bit.
If she "times out" and turns grey again...
Then probably not!
Thanks creede. I am new to the board but have had 20,000 shares for the last few years. In your opinion do you see a higher share price by end of year/ Thanks in advance for your opinion.
$LMGR$
LMGR so thin. All the sub penny shares are gone now.
Next best offer is .02.
I have been holding this stock for so very long. Other than the CE Warning, I think it's sitting pretty for a custodian.
Abandoned NV Shell
No prior issues with the SEC
Small Share Structure
SEC REPORTING (More valuable)
Furthermore, I am confident the CE Warning can be removed. It was not applied until long after the shell had been abandoned. That means it was applied because someone (retail) frontloaded the stock then sent out a bunch of emails or something. That lead to OTCM slapping it with the CE — this is what I think based up my DD and experience in this stock. If so the CE is no biggie and easy to remove (verses something caused by ownership)..
ALSO, I think a huge block of shares can be canceled. Neither Milagrosa nor Hipoteca Sevilla, Inc. did jack-crap to deserve millions of shares (over 50% of the O/S).
https://www.otcmarkets.com/filing/html?id=4933911&guid=cW2eUWJiMHRUbth
https://www.otcmarkets.com/filing/html?id=4934530&guid=cW2eUWJiMHRUbth
The short lived custodian, Mark Smith, issued them. Whatever they were planning to do fell through. I think the are not valid and can be canceled through the courts. That's my opinion.
And why I have decided to keep holding out for the day the Calvary arrives.
Thanks monkeyfrog.
Guess I just happened to catch him at a good time.
Last time I called him was a few months ago.
He is definitely out. Shell is abandoned.
Crazy how all the sudden a lot of my left for dead holdings are showing life .NLST looks to finally get paid by Google and the Lehman preferred may get a partial payout . Great info [ as always from you ] on LMGR . I spoke to Mark many years ago but he was never as giving with info as he was/has been with you !
You have 100k of BISA?
WOW
I took me over a decade to get 31k. Shares are super tight.
I think BISA is a no brainer. Current with SEC. Sooner or later something will happen.
Re LMGR
Mark told me he did not even take shares. Just let it go because of legal problems with some Chinese Shells. Decided it wasn’t worth it.
The sheer fact that this has already been picked up by a custodian before means it should be easy—peasy to grab again.
It’s just stilling there waiting to be made new.
Yeah , I can never leave... I remember your posts from long ago... you were always getting the good info or at least trying to get the behind the scenes stuff . I was always more hopeful with BISA and never gave up on LMGR [ even though I didn't know Mark basically gave up the shell . Gotta think that with both shells cleaned up again and off the greys there might be some hope again . I have 150k of LMGR and 100k of BISA . Maybe some wanna be Covid-19 play in the works ?
I got BISA too.
I remain in this Ghost Town because...
1) The shares are tight. O/S 60MM and 48MM Floating (that's my estimate).
2) I spoke to the precious custodian (Mark Smith — 2007 — see last filing) and he said he never did anything with the shell. He let it go.
3) It's incorporated in NV.
4) It's never been suspended by the SEC.
5) It's completely abandoned. Begging to picked up by a new Custodian.
I know who I prefer.
Hey! — a visitor.
I have been alone in this Ghost Town a very, very, very long time.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=25584354
Please don't leave.
lol
Volume now 85k , Interesting that two of my long term Zombie stocks BISA & LMGR are simmering again .
So, Are we alive again? Volume 41,000 . Hmmmmmmm
The iBox is clean but I am letting go of the mod spot for now.
Might grab it back again if-and-when new info comes out.
Bad experience last few weeks in BU_DT and CR_GE.
So I have decided to reduce my mod spots in these low info tickers.
Does anyone have any idea how to get in touch with LMGR?
They really need to file a Form 15.
I am working on the iBox. Current info on LMGR is scant so the design is going to be quite minimalist.
I looked into the old revisions to see what used to be in the box. Please keep in mind this is OLD INFORMATION.
I am posting it just in case there is useful information inside. Really need to contact the company and make sure they know LMGR is listed again.
Also need to ask them to file a Form 15 with the SEC.
Time might be of the essence...
She isn't running but she isn't dumping either.
I'm going to try to contact the company now and try to get them to contact OTC Markets.
This is a huge gift being one of the few that are CE Grey that turned Pink. Most get checked in the Expert Motel.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155436844&txt2find=roach
They have plenty of time to get current and update the info at OTCM (which is free of charge).
Nope.......maybe she'll run
z
Still in, Zard?
LMGR just went Grey to Pink today.
Finally!
Yes. I have been in this stock for a very long time.
Grey to pink today
OTCM says the O/S of LMGR is 60MM.
https://www.otcmarkets.com/stock/LMGR/security
That is perfectly in line with the NV SOS which shows an A/S of 100MM.
Just making sure in case this one goes from Grey to Pink.
https://esos.nv.gov/EntitySearch/OnlineEntitySearch
This stock was never suspended. It simply went grey because of a lack of buyers and sellers. The MM's simply "signed off".
For that reason, I believe this stock could suddenly become pink again with L2.
Seen this happen in a few other stocks lately.
Someone needs to do something with this shell before they delete it.
It's still considered: U.S. Reporting: SEC Reporting
https://www.otcmarkets.com/stock/LMGR/profile
I checked the OTCM and NV SOS and do not see anything new.
https://esos.nv.gov/EntitySearch
I managed to find a good email address for David Lazar so I sent him a quick email. I do not expect him to respond, but at least I know for sure he has seen the LMGR ticker.
LMGR - Share Structure
Market Cap
60,300
01/03/2020
Authorized Shares
Not Available
Outstanding Shares
60,300,153
01/26/2007
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
Not Available
Par Value
0.001
RE LMGR:
Can't help but wonder if this stock might not turn Pink again soon.
It's still registered with the SEC. Somehow!
If it turns pink then L2 will suddenly start working again.
Here's to hoping!
wrong board? I get it now.
you must be kidding, no?
723k just be patient, come alive soon by end august...
Followers
|
21
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
879
|
Created
|
01/23/04
|
Type
|
Free
|
Moderators |
LMGR
Light Management Group, Inc.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |