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Shares cancellation by SEC today finally! What a pos scam! Zero!
Could we stop the very sick CEO from canceling the common shares? I
own about 1.75M cheap shares which I bought at 0.001 ~ 0.0025.
Release No. 60724 / September 28, 2009
ADMINISTRATIVE PROCEEDING File No. 3-13627
In the Matter of
TVI CORPORATION, Respondent.
ORDER INSTITUTING ADMINISTRATIVE PROCEEDINGS PURSUANT TO SECTION 12(j) OF THE SECURITIES EXCHANGE ACT OF 1934, MAKING FINDINGS, AND REVOKING REGISTRATION OF SECURITIES
I.
The Securities and Exchange Commission ("Commission") deems it necessary and appropriate for the protection of investors that proceedings be, and hereby are, instituted pursuant to Section 12(j) of the Securities Exchange Act of 1934 ("Exchange Act"), against TVI Corporation ("TVI" or "Respondent").
II.
In anticipation of the institution of these proceedings, Respondent has submitted an Offer of Settlement (the "Offer") which the Commission has determined to accept. Solely for the purpose of these proceedings and any other proceedings brought by or on behalf of the Commission, or to which the Commission is a party, and without admitting or denying the findings herein, except as to the Commission's jurisdiction over it and the subject matter of these proceedings, Respondent consents to the entry of this Order Instituting Administrative Proceedings, Making Findings, and Revoking Registration of Securities Pursuant to Section 12(j) of the Securities Exchange Act of 1934 ("Order"), as set forth below.
[...]
http://www.sec.gov/litigation/admin/2009/34-60724.pdf
Administrative Proceedings 34-60724 Sep. 28, 2009 TVI Corporation
http://www.sec.gov/litigation/admin/2009/34-60724.pdf
Why the very sick CEO wants to cancel all the common shares? That is absolutely crime to all the shareholders! He took money and ran?
950,500 shares dumped at the new 52-week low 0.001. Sell at the bid ASAP before the shares cancellation...
It's bouncing back now,trade @0.005
How does a stock trade below the bid?
Only 200 sold@0.002,means nothing!
New 52-week low 0.002 was just created! I bet the shares will be canceled today. Otherwise it is extremely oversold and undervalued!
Will the shares be canceled today? Otherwise why so many shares are
dumped below 0.005. I bet we will see another new low 0.002 today!
Common stock and all other equity interests will be cancelled when/if the court approves the bankruptcy plan. Branch Banking and Trust Company will own 100% of TVI.
New 52-week low 0.003 was created today! I bet the very sick CEO is
going to cancel the common shares today or tomorrow! Where is SEC?
Over 1M shares dumped around 0.005 during the past four days...
Why the very sick CEO wants to cancel the common shares? He must be
in a crime mode! Does anyone know when it will be effective?
Will TVINQ hit 0.015 again? I doubt it. Anyway I am buying at 0.005
or below then sell all my shares at 0.014 ~ 0.017. The market value
is only $171,830 at 0.005. It seems undervalued and oversold now!
Certainly not you....have you sold yet? I'm sitting .005 and would like to buy them.
I know what short sellers have to do. NOTHING! If short a stock that is declared worthless, everything is profit. You don't have to cover. Who are you trying to mislead?
lol you don't know much about how these Q stocks trade do ya?
Guess what all the shorts have to do before theres an accounting of all outstanding shares?
Look at the other Q's and then come back here and give me an answer please.
IMHO it won't be back up again. Didn't you read last Friday's filing that said all common stock will be cancelled if approved by the court?
The Plan further contemplates distribution of shares representing an aggregate of 100% of the issued equity interests in the Company to the Branch Banking & Trust Company (the "Lender") on account of the Lender's secured claim.
In addition, the Plan provides for the extinguishment of all intercompany claims, which claims shall be discharged by the Plan or confirmation of the Bankruptcy Court. Further, holders of the Company's outstanding equity interests, including the Company's outstanding shares of common stock, will receive no distribution, and all of the Company's outstanding equity interests, including the Company's outstanding shares of common stock, will be cancelled and deemed worthless as of the effective date of the Plan, if the Plan becomes effective. The Company cannot predict whether the Bankruptcy Court will approve the Plan and thus whether the Plan will become effective.
Who sold huge amount of shares at $0.0085 ~ $0.0086 today and last
Friday? Why? Anyway we have three sold supports at $0.005, $0.0056,
and $0.0071. I believe it will hit $0.015 again within this week!
Guys, please buy the share at the asking price only! Never sell the
shares at the bidding price. In this way we could push the price up
to 0.015 again easily! TVINQ is already bottomed out at 0.0071 even
the 52-week low is 0.005. Supports at 0.005, 0.0056, and 0.0071.
Yesterday we already hit $0.011! Today we should hit $0.0134 again!
Because it is already bottomed out at a unbreakable support $0.005!
Please buy the shares at ask only and ASAP! Never sell your shares at the bid! In this way we all can make money. I am glad to near 1M
damn cheap shares which I bought at $0.005 ~ $0.008. Now even the bid ($0.0085) is higher than my highest purchase price! I will sell
50% of my shares at $0.014~$0.015 & the rest 50% at $0.015~$0.017.
Bout time this was liberated.
Good things come to those who wait. I may have to look for some loose change..
really, nice....
I feel an uptick coming allready....
Ha that worked...seems the IHUB police also did some post clean up as well.
Welcome Cowboy as the NEW MOD.... congrats Cowboy, now lets get ready to rumble. (So to speak)
Near 300,000 shares dumped at 0.0071 ~ 0.0081. Sell at the bid ASAP
before the very sick CEO cancels the shares or the pos scam breaks
down the current bottom $0.005. $0.001 will be hit within a week...
Sell at the bid ASAP because the pos scam is heading onto $0.005...
Who are those very stupid buyers which bought the shares at $0.015?
The pos scam is heading onto the bottom $0.005 again! Sell ASAP at
the bid before it breaks down $0.008...
Your not mistaken.
OK now I am confused, I thought your post on August 10th said you sold your shares?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=40372743
Please buy the shares at the asking price only and do not sell at the bid! In this way we could hit $0.014 again which is huge profit
for the $0.005 buyers. I promise to sell 50% my position at $0.013 ~ $0.014 and the rest shaares at $0.015 ~ $0.017.
$TVINQ <<<hover here for quote
The 1st storm of the year is brewing and the speculators are starting to show up.
I am also asking you to step down as moderator and put me in as your replacement....I really want to see you out of this stock.
So how many more shares do you have?
When yer out I will...why don't you sell at .01?
Why do not you buy the shares at $0.011 instead of $0.01? In that
way the price will be pushed up so everyone can sell at $0.014.
Wouldn't your alias be more accurate if it was flipper instead of value investor? Not that there is anything wrong with that....
I thought you said you didn't have any shares. So did you lie?
Thats me bidding at .01 just for you.
Please buy the shares at the asking price only and never sell your
shares at the bidding price so we could see $0.014 again. From the
bottom $0.005 to the top $0.014 is 180% return for $0.005 buyers...
You said you had a million shares...certainly you haven't sold them all or you were a little off on your math to begin with...which was/is it?
And if you are out why don't you resign as moderator so I can have it.
Thanks
I already sold my position. You are free to raise the bid now!
How many more shares ya got VI? Keep putting them up for sale...I personally would like to see you out of this stock.....JMO
I sold portion of my shares and made some profits today. I am happy
to see TVINQ rally to as high as $0.014 from $0.005. Anyway VCTY is
traded at $28,620 market value and TVINQ is at $481,124 MV. TVINQ has about 35M shares OS and VCTY has about 32M shares OS. VCTY is a
clean shell company with $18M asset and never filed the bankruptcy.
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TVI Corporation
http://www.tvicorp.com/
Share Structure:
Outstanding Shares: 34,366,000 or 34M Shares.
Authorized Shares: 100,000,000 Shares.
Status: On 4/1/09 Company Received DIP Financing; $19 million dollars from BB&T.
Company:
TVI Corporation manufactures and supplies deployable shelter systems, powered-air respirators, filter canisters, infrared and thermal sensor products; rents tents, power and air supply equipment and mobile kitchens and provide related services. The Company's customers include the military, first responders, first receivers, medical caregivers and the commercial and hospitality sectors. The Company has three business divisions: Shelters and Related Products, Personal Protection Equipment and SSES Rental Services. Shelters and Related Products include shelter systems, surge capacity and infection control systems, command and control systems and isolation and thermal products. Personal Protection Equipment includes powered air purifying respirators (PAPRs) and filter canisters. SSES Rental Services includes temporary shelters, kitchens, power, ventilation and heating and air conditioning equipment available for rental.
Lieutenant General (ret.) Harley Hughes
President and CEO
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