Rich Pharmaceuticals Inc. (fka RCHA)

322

Rich Pharmaceuticals Inc. (fka RCHA)

322

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donho00

11/24/21 8:16 AM

Post #27,676

Re: #27,673: @Aquahoya - Well you will have plenty more after this.

I actually pretty well in my portfolio
Mostly funds and ETFs

I do OTC because it satisfies the gambler in me.
I dont put much into them. Maybe 1-5% of portfolio
Its crazy. a good market day and I will be up well into 5 figures.
But I am more excited when an OTC gets a pop. and I make a couple bucks

The sickness!

Aquahoya

11/24/21 7:09 AM

Post #27,675

Re: #27,674: @sunspotter - "this company will run based all they are doing"

Whoops. I posted on wrong company.

sunspotter Free

11/24/21 6:58 AM

Post #27,674

Re: #27,673: @Aquahoya - Well you will have plenty more after this.

"this company will run based all they are doing"

In reality this company has been shut down by the SEC (nothing to do with the Market Maker). It will never be quoted again, let alone "run".

That's because Rich Pharmaceuticals was an obvious scam, as I pointed out from a very early stage:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=110679543

Aquahoya

11/24/21 6:55 AM

Post #27,673

Re: #27,672: @donho00 - OK brown bread

Well you will have plenty more after this. You will learn a lot during the next couple years if you can take it. MMs are playing with every stock in the OTC for 8 months. A recoil will happen very soon and this company will run based all they are doing. I know it sucks to see your investment down right now, day after day, it will turn. Sometimes it requires a lot of patience and averaging in.

donho00

11/24/21 3:00 AM

Post #27,672

OK brown bread

Can I take a 100% loss for my 2021 tax year?
Or is there some voodoo that can possibly happen?

This is my first descent into oblivion. Not sure how I feel about it.

Thanks

Luckyyu

11/15/21 2:19 PM

Post #27,671

Re: #27,670: @Chag - I was wondering why my E*Trade account just

Wouldn’t the broker automatically send the statement at year end (same as they do with sales)?

Chag

11/11/21 9:28 AM

Post #27,670

I was wondering why my E*Trade account just has number and no stock symbol. Lost $700 but I guess I need to call broker to write this one off for taxes.

Luckyyu

11/02/21 8:29 PM

Post #27,669

Re: #27,668: @sunspotter - It's over. RCHA is dead, deceased, no longer

Wonderful ! ??

sunspotter Free

11/02/21 4:16 PM

Post #27,668

Re: #27,667: @Luckyyu - Did you see this? https://www.sec.gov/litigation/admin/2021/34-93470.pdf

It's over. RCHA is dead, deceased, no longer in the land of the living, kicked the bucket, is an ex-stock.

As RCHA always was a very obvious scam, this action is welcome, even if, as usual with SEC, it's come several years too late.

There ought to be criminal proceedings too, but sadly there probably won't be.

Luckyyu

11/02/21 3:26 PM

Post #27,667

Re: #27,658: @NewTrader2017 - Canadians can buy,, broker dealer can buy. SEC

Did you see this? https://www.sec.gov/litigation/admin/2021/34-93470.pdf

Luckyyu

11/01/21 11:55 PM

Post #27,666

Re: #27,664: @Renee - RCHA registration revoked:

Great! Now what?

tdbowieknife PremiumMember

11/01/21 9:50 AM

Post #27,665

Re: #27,647: @NewTrader2017 - SEC will also buy some and make money

Really?

Lol...

Renee

11/01/21 9:35 AM

Post #27,664

RCHA registration revoked:

https://www.sec.gov/litigation/admin/2021/34-93470.pdf

Toronto_Trader Free

10/21/21 3:16 PM

Post #27,663

Re: #27,661: @figaroimages - Things are unfolding behind closed doors. It’s now

Agreed. Lots of potential with RCHA if management can commit to their filing deliverables to get this current.

$RCHA

Stoney35

10/12/21 2:17 PM

Post #27,662

It is a gamble but you never now, maybe you become rich!

figaroimages Free

10/11/21 6:28 AM

Post #27,661

Things are unfolding behind closed doors. It’s now a matter of time before more filings are dropped. With the 2 billion OS, this one is bound to run hard once (buying) trading restrictions are lifted throughout the U.S, by means of Limited or full-blown Pink Current — to the point of going parabolic.

Luckyyu

10/08/21 12:48 PM

Post #27,660

Re: #27,652: @NewTrader2017 - none .. i am holding 2M from my

I’m holding 5mil… sold some at a profit before it went dark.

AKsquared

10/08/21 12:00 PM

Post #27,659

Re: #27,657: @locard - Thank you...DO you think they will ever come

I would love for them to because I own way more shares than anybody ever should…..

The fact that we are seeing buying is obviously a good sign

With this new rule in effect as of Sept. 28th, things are changing in the OTC….. so, we’ll see!

NewTrader2017 Free

10/08/21 11:58 AM

Post #27,658

Re: #27,655: @locard - How is the SP increasing when you cannot

Canadians can buy,, broker dealer can buy. SEC regulations only hurts retail shareholders.

System is designed to suck money from us, we can only sell cheap. Not buy cheap!

locard

10/08/21 11:51 AM

Post #27,657

Re: #27,656: @AKsquared - MMs buying

Thank you...DO you think they will ever come back current?

AKsquared

10/08/21 11:42 AM

Post #27,656

Re: #27,655: @locard - How is the SP increasing when you cannot

MMs buying

locard

10/08/21 11:42 AM

Post #27,655

Re: #27,654: @NewTrader2017 - good luck to both of us my friend :)

How is the SP increasing when you cannot buy the stock?

NewTrader2017 Free

10/08/21 11:12 AM

Post #27,654

Re: #27,653: @diversified holdings - Nice, Im holding 1.125 myself. Let's see how

good luck to both of us my friend :)

diversified holdings Free

10/08/21 11:11 AM

Post #27,653

Re: #27,652: @NewTrader2017 - none .. i am holding 2M from my

Nice, Im holding 1.125 myself. Let's see how this shakes out.

NewTrader2017 Free

10/08/21 11:05 AM

Post #27,652

Re: #27,651: @diversified holdings - Which exchange are people buying this on right

none .. i am holding 2M from my previous birth.. lol.. i mean before it was slapped CE.

diversified holdings Free

10/08/21 10:58 AM

Post #27,651

Re: #27,650: @NewTrader2017 - much higher !

Which exchange are people buying this on right now. Can't buy through TDA

NewTrader2017 Free

10/08/21 10:54 AM

Post #27,650

Re: #27,649: @locard - Do you think this stock will make it

much higher !

locard

10/08/21 10:31 AM

Post #27,649

Re: #27,648: @NewTrader2017 - Imagine when this come out of CE . .05+

Do you think this stock will make it to $.01?

NewTrader2017 Free

10/08/21 10:08 AM

Post #27,648

Re: #27,643: @figaroimages - Agreements have been set forth for RCHA to

Imagine when this come out of CE . .05+

NewTrader2017 Free

10/08/21 9:58 AM

Post #27,647

Re: #27,644: @rs99 - Means SEC is investigating and they are in

SEC will also buy some and make money here !

NewTrader2017 Free

10/08/21 9:57 AM

Post #27,646

7.6m TRADED @.0009/.001

NewTrader2017 Free

10/08/21 9:56 AM

Post #27,645

rs99

10/08/21 9:30 AM

Post #27,644

Re: #27,641: @Stoney35 - What does this mean exactly, can somebody explain

Means SEC is investigating and they are in deep sh!t.

figaroimages Free

10/08/21 7:25 AM

Post #27,643

Agreements have been set forth for RCHA to proceed with filings, and all will move forward, as long as there are no objections between any parties by the 18th of this month.

got2beready Free

10/08/21 12:37 AM

Post #27,642

Re: #27,641: @Stoney35 - What does this mean exactly, can somebody explain

I was going to ask the same. Looks like sec is going after RCHA. That's what I took it as.

Stoney35

10/07/21 2:19 PM

Post #27,641

What does this mean exactly, can somebody explain me this?

Luckyyu

10/06/21 6:41 PM

Post #27,640

Re: #27,639: @TIMGZ - https://www.sec.gov/litigation/opinions/2021/34-93260.pdf UNITED STATES O

Thank you for sharing!

TIMGZ

10/04/21 10:09 PM

Post #27,639

Re: #27,638: @Aquahoya - Annual Report came out.

https://www.sec.gov/litigation/opinions/2021/34-93260.pdf

UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 93260 / October 4, 2021
Admin. Proc. File No. 3-20348
In the Matter of
RICH PHARMACEUTICALS, INC.
ORDER REGARDING PREHEARING CONFERENCE
The Securities and Exchange Commission (“Commission”) issued an Order Instituting
Proceedings (“OIP”) on May 27, 2021, pursuant to Section 12(j) of the Securities Exchange Act
of 1934, against Rich Pharmaceuticals, Inc. (“Respondent”).
1 The OIP directed the parties to
conduct a prehearing conference within 14 days of service of Respondent’s answer to the OIP
and, following the conference, to file a statement with the Office of the Secretary advising the
Commission of any agreements reached at said conference.2
If a prehearing conference was not
held, the parties were ordered to file a statement advising the Commission of that fact and of the
efforts made to meet and confer.3 Respondent filed an answer with the Commission on June 11,
2021. The parties have not filed any statement regarding a prehearing conference.
Accordingly, IT IS ORDERED that by October 18, 2021, the parties shall file a statement
with the Office of the Secretary advising the Commission of any agreements reached at the
prehearing conference specified by the OIP. If a prehearing conference was not held, both
parties shall file by that date a statement, jointly or separately, advising the Commission of that
fact and of the efforts made to meet and confer. Pursuant to Rule of Practice 180(c), a party’s
failure to comply with this order may result in the Commission’s determination of the matter at
issue against that party, a finding of waiver, dismissal of the proceeding, or such other sanction
as the Commission finds appropriate.4

1 Rich Pharms., Inc., Exchange Act Release No. 92047, 2021 WL 2182249 (May 27,
2021).
2
Id. at *2
3
Id.
4
17 C.F.R. § 201.180(c).
2
The parties’ attention is directed to the most recent amendments to the Commission’s
Rules of Practice, which took effect on April 12, 2021, and which include new e-filing
requirements.
5
For the Commission, by the Office of the General Counsel, pursuant to delegated
authority.
Vanessa A. Countryman
Secretar