Aladdin Separation Technologies Inc (ASPT)

[PROFIT4U0]

Has anyone heard anything from anybody about Aladdin and if they’re still trying to get funding or work out some deal?

[gotmilk]

that hurt :(

[hourly]

The news is APRIL FOOLS

[drobx]

If I understand your question, you are under the impression that there is a market maker for this stock. I am sure there is not. I had a conversation the other day with a guy from Schwab about thinly traded stocks like this, and basically any transaction is a matching of a buyer and a seller. That sounded fair enough, but then I asked why when I submitted a buy at a price higher than the posted bid I did not see my price become the new bid. He laughed and gave an explanation, which I didn't really understand. I think the bottom line is that nobody is paying attention to stocks like this, and things happen rather haphazardly.

[hourly]

wait for it

[gotmilk]

The recent trades you posted, are the two 223800 OTCBB Buys or Sells.

[drobx]

I'm not understanding the question.

[gotmilk]

I searched for news and found none. Please tell me the news. Thanks

[gotmilk]

These trades, a Buy or Sell ?

[gotmilk]

no news on https://www.aladdinseparation.com

[drobx]

I don't think anyone did. Below might be all the "recent trades." This might be everything in 2023. Interesting to note the two identically sized trades.

 
 Date/Time		Price	Shares	Exch/Mkt 
 03/06/2023 14:35:01 EST		0.0001	223800	OTCBB 
 02/23/2023 11:24:48 EST		0.0001	100	OTCBB 
 02/23/2023 10:39:41 EST	Z	0.013	223800	OTCBB 
 02/21/2023 11:39:38 EST		0.0001	158333	OTCBB 
  
 

[hourly]

Hey did you hear the news?

[gotmilk]

gold is up... so will it translate into interest in this company ???

[gotmilk]

I heard that trading regular companies with no commission requires having a cash balance in your account in the very big amount, like $200,000 or more. To trade this company requires becoming a special type of trader... Google it.

[drobx]

Do you know how one can become that type of trader?

[gotmilk]

There are some traders that pay no commission and are able to access ASPT directly.

[drobx]

It turns out some one is still at it.
https://www.aladdinseparation.com
When the old aladdintalk web site disappeared I thought that was the end. This website has recent links to news stories, but most of the permanent links are broken. I thought of sending a message to the email address, but decided it was too sad. As to buying up all the shares, I don't see how to do it myself. First or course, my broker won't let me buy it. But even if it did, if you allow partial fills of your order you risk getting filled for 10 shares and then paying $7 commission. And if you don't allow partial fills then you'll never get anything. I still wonder what the mechanics are for the trades we are seeing.

[gotmilk]

I heard a story where there was a company in similar straits,
to what we have here, and after many years all investors
came to the same conclusion that "it's over" for the company,
never to achieve success. Yes, except one person that knew that
the folks running the "dead" company were still trying to put together
arrangements to make the company successful. So here this person
accumulated over the many years near-zero (0.0001) shares.
Finally the company announced positive progress after many many
years of silence. The share price shot up and this person sold all
of his shares and got a million dollars. While I'm not collecting the
near-zero shares here, it seems that those running this company
would have notified us shareholders if they permanently suspended
any and all efforts to sell our gold extraction or that other process.

[drobx]

Anyone still following this? I see that trades are still occurring.

 
 Date/Time		Price	Shares	Exch/Mkt 
 12/30/2022 12:22:17 EST		0.0001	16667	OTCBB 
 12/27/2022 12:38:40 EST		0.0001	8333	OTCBB 
 12/27/2022 09:30:20 EST		0.0001	5000	OTCBB 
 12/23/2022 15:40:42 EST		0.0001	500	OTCBB 
 12/23/2022 14:37:58 EST		0.0001	1167	OTCBB 
 12/22/2022 10:29:08 EST		0.0001	10000	OTCBB 
 12/21/2022 15:52:20 EST		0.0001	3333	OTCBB 
 12/20/2022 10:54:10 EST		0.0001	333	OTCBB 
 12/16/2022 11:25:04 EST		0.0001	333	OTCBB 
 12/15/2022 12:11:25 EST		0.0001	3333	OTCBB 
 12/14/2022 13:18:49 EST		0.0001	131732	OTCBB 
 12/14/2022 13:16:57 EST		0.0001	48268	OTCBB 
 12/14/2022 09:30:20 EST		0.0001	20000	OTCBB 
 12/12/2022 10:37:47 EST		0.0001	22466	OTCBB 
 12/07/2022 12:37:40 EST		0.0001	4000	OTCBB 
 12/05/2022 09:30:20 EST		0.0001	26066	OTCBB 
 11/29/2022 13:18:15 EST		0.0001	6600	OTCBB 
 11/01/2022 10:14:54 EDT		0.0001	6666	OTCBB 
 10/21/2022 11:34:36 EDT	I	0.0001	46	OTCBB 
 10/18/2022 09:30:58 EDT		0.0001	33573	OTCBB 
 09/30/2022 15:48:25 EDT		0.0001	6666	OTCBB 
 09/22/2022 10:04:18 EDT		0.0001	233333	OTCBB 
 09/22/2022 10:03:36 EDT		0.0001	253333	OTCBB 
 09/22/2022 09:30:19 EDT		0.0001	13000	OTCBB 
 09/19/2022 15:55:13 EDT	I	0.00155	56	OTCBB 
 09/08/2022 14:14:30 EDT		0.0001	1666	OTCBB 
 09/08/2022 09:31:28 EDT		0.0001	16666	OTCBB 
 09/02/2022 15:11:59 EDT		0.0001	25333	OTCBB 
  
 

[gotmilk]

Even-thought Etrade told you "Opening transactions in [the] Expert Market are not permitted..."

The following link,
https://blog.otcmarkets.com/2021/03/25/understanding-the-expert-market/
has "Contact your broker for information concerning restrictions or qualifications for accessing Expert Market securities."

Perhaps you hear the rumor... A man collected ten million (10,000,000) shares for $1,000 in a company that seemed worthless, at a price of $0.0001 per share. Then years later this company became tradable and the stock went to $0.10 (ten cents) and the person sold and obtained a million dollars. My view is that $1,000 does not really have much buying potential as folks can spend this on lottery tickets and obtain zero in return. The cheapest new car is $15,000.

If you are successful obtaining ten million ASPTs shares for $1,000 it might cost you paying the broker $500 or more.

Doug

[drobx]

I thought that this had stopped trading, but see below. ... Never mind, I tried to enter an order on Etrade and was denied. "Opening transactions in Pink No Information, Grey Market and Expert Market securities are not permitted due to the inherent risk associated with these products." I guess nothing has changed, so I'll ask the same question I asked before, which is who is on the buy end of these transactions, and how are they able to do it?

 
  
 Date/Time    	        	         Price	Shares	Exch/Mkt 
 04/01/2022 10:26:55 EDT		0.0002	10000	OTCBB 
 03/24/2022 12:38:39 EDT		0.0001	5333	OTCBB 
 03/21/2022 15:55:24 EDT		0.0001	3833	OTCBB 
 03/15/2022 13:35:16 EDT		0.0001	17666	OTCBB 
 03/15/2022 13:06:17 EDT		0.0001	41666	OTCBB 
 02/14/2022 9:30:50  EST		0.0001	166	OTCBB 
 02/01/2022 9:30:38  EST		0.0001	1566	OTCBB 
 02/01/2022 9:30:35  EST		0.0001	3933	OTCBB 
 01/28/2022 15:02:22 EST		0.0001	119449	OTCBB 
 01/28/2022 15:00:22 EST		0.0001	296767	OTCBB 
 01/28/2022 13:28:34 EST		0.0001	3000	OTCBB 
 01/28/2022 13:27:50 EST		0.0001	33333	OTCBB 
 01/28/2022 13:27:50 EST		0.0001	2667	OTCBB 
 01/28/2022 13:27:50 EST		0.0001	3823	OTCBB 
 01/28/2022 13:27:44 EST		0.0001	233	OTCBB 
 01/28/2022 13:27:43 EST		0.0001	3000	OTCBB 
 01/28/2022 13:27:42 EST		0.0001	233	OTCBB 
 01/28/2022 13:27:42 EST		0.0001	3000	OTCBB 
 01/27/2022 11:09:53 EST	I	0.00	36	OTCBB 
 12/30/2021 14:25:00 EST		0.00	6667	OTCBB 
 12/29/2021 9:30:05  EST		0.00	11333	OTCBB 
 12/13/2021 13:03:13 EST	Z	0.0001	5499	OTCBB 
 12/13/2021 13:03:11 EST	Z	0.0001	6166	OTCBB 
 12/13/2021 13:03:09 EST	Z	0.0001	10000	OTCBB 
 12/13/2021 13:02:44 EST	Z	0.0001	3333	OTCBB 
 12/13/2021 13:02:30 EST	Z	0.0001	25839	OTCBB 
 12/08/2021 12:50:46 EST		0.00	4000	OTCBB 
 12/01/2021 9:30:53  EST		0.00	39000	OTCBB 
 11/24/2021 11:24:38 EST	Z	0.001	1000	OTCBB 
 10/21/2021 9:36:01  EDT		0.00	1667	OTCBB 
 

[drobx]

This makes it sound like there is a way to trade the stock, but how exactly do you do it?

[gotmilk]

Warning! This security is eligible for Unsolicited Quotes Only

Warning! This security is traded on the Expert Market

This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making.

The Expert MarketSM serves broker-dealer pricing and investor best execution needs. Quotations in Expert Market securities are restricted from public viewing. OTC Markets Group may designate securities for quoting on the Expert Market when it is not able to confirm that the company is making current information publicly available under SEC Rule 15c2-11, or when the security is otherwise restricted from public quoting.

See additional information about the Expert Market here.
https://blog.otcmarkets.com/2021/03/25/understanding-the-expert-market

[drobx]

3 trades since the regulation change.

 
 Date/Time		                Price	Shares	Exch/Mkt 
 10/21/2021 09:36:01 EDT		0.00	1667	OTCBB 
 10/18/2021 15:11:19 EDT	Z	0.0001	416216	OTCBB 
 10/14/2021 09:49:27 EDT		0.00	11783	OTCBB 
 09/17/2021 12:54:46 EDT		0.0015	3333	OTCBB 
 

I'm guessing that these are situations where a brokerage is buying their own clients' shares for a nominal price so that they can take the tax loss. This is a standard thing when a stock is considered worthless.

[gotmilk]

+9,900.00%

[Stuart44]

Why would anyone want to trade this worthless POS anyway.
No news, no announcements, no responses from leadership, this unfortunately is a dead issue.
Very sad, 30 years and they can't commercialize their so called technology.

[drobx]

It seems that the guy who said not to worry was wrong, no trades since the rule change.

 
 Date/Time		Price	Shares	Exch/Mkt 
 09/17/2021 12:54:46 EDT		0.0015	3333	OTCBB 
 09/17/2021 12:54:28 EDT		0.0015	10000	OTCBB 
 09/17/2021 12:52:59 EDT		0.0015	10000	OTCBB 
 09/17/2021 12:52:38 EDT		0.0015	10000	OTCBB 
 09/17/2021 12:51:39 EDT		0.0015	53333	OTCBB 
 09/17/2021 12:51:31 EDT		0.0015	10000	OTCBB 
 09/17/2021 12:51:18 EDT		0.0015	10000	OTCBB 
 09/09/2021 14:57:35 EDT		0.0015	9166	OTCBB 
 09/09/2021 12:21:36 EDT		0.0015	533	OTCBB 
 09/07/2021 15:04:47 EDT		0.0015	333	OTCBB 
 09/07/2021 09:30:11 EDT		0.0016	7667	OTCBB 
 09/07/2021 09:30:11 EDT		0.0016	8333	OTCBB 
 09/03/2021 11:24:31 EDT		0.0016	1666	OTCBB 
 09/02/2021 10:51:06 EDT		0.0016	800	OTCBB 
 08/31/2021 15:25:09 EDT		0.0016	2666	OTCBB 
 08/30/2021 10:13:51 EDT		0.0016	38666	OTCBB 
 08/30/2021 10:13:42 EDT		0.0016	10000	OTCBB 
 08/27/2021 11:14:59 EDT		0.0016	20000	OTCBB 
 08/27/2021 10:15:58 EDT		0.0016	9000	OTCBB 
 08/26/2021 15:30:47 EDT		0.0068	9000	OTCBB 
 08/26/2021 11:18:25 EDT		0.0016	3332	OTCBB 
 08/25/2021 15:31:20 EDT		0.0064	37000	OTCBB 
 08/25/2021 13:03:55 EDT		0.0016	4000	OTCBB 
 08/25/2021 13:02:57 EDT		0.0016	9000	OTCBB 
 08/25/2021 13:02:16 EDT		0.0016	5000	OTCBB 
 08/25/2021 13:01:40 EDT		0.0016	1000	OTCBB 
 08/24/2021 10:33:11 EDT	I	0.0079	10	OTCBB 
 08/24/2021 10:33:07 EDT		0.0079	1000	OTCBB 
 08/23/2021 09:37:59 EDT		0.0016	9833	OTCBB 
 08/20/2021 14:52:53 EDT		0.0016	3333	OTCBB 
 

[drobx]

I tried to submit buy orders on Etrade and Schwab and both were rejected.

Etrade said: "Opening transactions in Pink No Information, Grey Market and Expert Market securities are not permitted due to the inherent risk associated with these products."

Schwab said: "Your order cannot be accepted. This security ASPT is accepting closing transactions only."

I wonder how you can sell if no one can buy.

[drobx]

Tim Sykes Says You Shouldn’t Worry About the SEC’s New OTC Pink Rules

I don't know who Tim Sykes is, and there is no date on this article, but he says don't worry. It's interesting that only Etrade is mentioned. Maybe the SEC rule isn't such a big deal, and Etrade is taking things farther than required.

https://stockstotrade.com/secs-new-otc-pink-rules/

[drobx]

I got a reminder email from Etrade about the coming changes, pasted below. ASPT is in the category "Pink No Information." It's ambiguous what is required of all broker-dealers, and what is specific to Etrade. Basically, they say you will be able to sell, but not to buy. But if no one can buy then who can you sell to?

----

New regulations will affect your ability to buy and sell “Pink No Information,” “Grey Market,” and “Expert Market” Over-the-Counter (OTC) securities, including at E*TRADE.

On September 28, 2021, new amendments to Rule 15c2-11 under the Securities Exchange Act of 1934 take effect that will impact the market for certain OTC securities classified as Pink No Information, Grey Market, and Expert Market OTC securities (collectively, “Impacted OTC Securities”). These rule changes prohibit broker-dealers, like E*TRADE, from publishing bid/ask quotations of companies that fail to publicly report and keep current financial and other company information. The amendments also restrict the ability of retail investors to open new positions in Impacted OTC Securities.

What these rule changes mean for you

After Friday, August 27, 2021, E*TRADE customers will no longer be able to buy Impacted OTC Securities through E*TRADE. E*TRADE will restrict new buy orders in Impacted OTC Securities prior to the regulatory enforcement date, as it may become more difficult to liquidate such securities after the compliance deadline. While E*TRADE will accept closing orders to liquidate positions in these securities after the amendment goes into effect on September 28, 2021, it may be more difficult to sell these securities, as quoting and market liquidity may be very limited. The following restrictions will apply to any closing order for Impacted OTC Securities:



You must not be an Affiliate, Insider, or Control Person of the company

Only limit orders will be accepted

Quotes for the security will not be available



Other restrictions related to the purchase and sale of these securities may also apply.

Please visit OTC Markets Group’s website to see if any OTC securities you hold are currently categorized as a Pink No Information, Grey Market or Expert Market security.¹

See the links below for more information regarding these changes and how they might affect you:



Understand the SEC amendments for OTC securities


Learn more about quotations for OTC securities




As always, thank you for choosing E*TRADE. It is our privilege to serve you.

[drobx]

It's easy to guess why people are selling, but the buying is mysterious. I'm not quite clear about what is coming up with regard to the ability to trade this stock. My brokerage said it would end, but is that everywhere, or just on some brokerages? Of course, if one still believes in this company then you still own it whether it is tradeable or not. I'm just glad I stopped playing around with the low limit buys and high limit sells.

Below are the last 30 trades. Some of the share counts are big, but it all amounts to only about $2550.

 
 Date/Time		Price	Shares	Exch/Mkt 
 08/20/2021 14:52:53 EDT		0.0016	3333	OTCBB 
 08/19/2021 14:55:32 EDT		0.0016	27500	OTCBB 
 08/19/2021 14:55:29 EDT		0.0026	7500	OTCBB 
 08/19/2021 14:34:17 EDT		0.0015	852542	OTCBB 
 08/19/2021 14:34:09 EDT		0.0016	140000	OTCBB 
 08/19/2021 14:34:07 EDT		0.0016	100000	OTCBB 
 08/19/2021 14:33:52 EDT		0.0016	10000	OTCBB 
 08/18/2021 15:40:41 EDT		0.0016	666	OTCBB 
 08/16/2021 13:15:32 EDT		0.0016	166	OTCBB 
 08/13/2021 13:27:02 EDT		0.0016	4666	OTCBB 
 08/12/2021 15:46:31 EDT		0.0016	9115	OTCBB 
 08/11/2021 15:47:11 EDT		0.0016	333	OTCBB 
 08/09/2021 15:29:09 EDT		0.0016	68219	OTCBB 
 08/09/2021 12:19:17 EDT		0.0016	1100	OTCBB 
 08/06/2021 13:23:28 EDT		0.0016	20000	OTCBB 
 08/06/2021 13:23:24 EDT		0.0016	50000	OTCBB 
 08/06/2021 09:30:12 EDT		0.0015	10000	OTCBB 
 08/06/2021 09:30:11 EDT		0.001	21666	OTCBB 
 08/06/2021 09:30:08 EDT		0.0015	10000	OTCBB 
 08/04/2021 14:34:29 EDT		0.0015	8666	OTCBB 
 08/03/2021 12:05:55 EDT		0.002	159166	OTCBB 
 08/03/2021 09:30:05 EDT		0.002	333	OTCBB 
 08/02/2021 14:59:34 EDT		0.002	999	OTCBB 
 07/30/2021 11:31:23 EDT		0.002	1666	OTCBB 
 07/28/2021 14:57:49 EDT		0.002	2500	OTCBB 
 07/26/2021 14:54:59 EDT		0.003	3000	OTCBB 
 07/23/2021 14:10:03 EDT		0.003	5750	OTCBB 
 07/20/2021 15:31:06 EDT		0.003	13333	OTCBB 
 07/16/2021 14:22:43 EDT		0.003	167	OTCBB 
 07/16/2021 14:07:29 EDT		0.003	30666	OTCBB 
 

[hourly]

Largest one day sale for ASPT. I wonder who is buying and selling and why.

[hourly]

he might be out with Al and Dan finalizing a deal

[Stuart44]

Maybe the curtain has finally fallen, not a post from Lembo in over a week

[drobx]

Here are all the trades for the last 4 weeks or so. The pendulum has swung back to the low end.

 
 Date/Time		Price	Shares	Exch/Mkt 
 07/02/2021 13:25:06 EDT		0.0031	483	OTCBB 
 06/25/2021 10:18:35 EDT		0.003	333	OTCBB 
 06/24/2021 12:27:36 EDT		0.003	59100	OTCBB 
 06/23/2021 15:03:46 EDT		0.003	10000	OTCBB 
 06/23/2021 15:02:40 EDT		0.003	333	OTCBB 
 06/23/2021 15:02:27 EDT		0.003	10000	OTCBB 
 06/23/2021 14:12:18 EDT		0.003	10000	OTCBB 
 06/22/2021 14:35:36 EDT		0.0021	20667	OTCBB 
 06/16/2021 14:49:43 EDT		0.0051	10000	OTCBB 
 06/16/2021 09:30:10 EDT		0.0051	603	OTCBB 
 06/15/2021 09:30:08 EDT		0.0075	5667	OTCBB 
 06/14/2021 09:56:00 EDT	I	0.014	66	OTCBB 
 06/14/2021 09:36:49 EDT		0.0075	10000	OTCBB 
 06/14/2021 09:36:40 EDT		0.015	11600	OTCBB 
 06/14/2021 09:35:13 EDT		0.015	10000	OTCBB 
 06/14/2021 09:34:17 EDT		0.015	25000	OTCBB 
 06/14/2021 09:32:04 EDT		0.015	6550	OTCBB 
 06/14/2021 09:31:00 EDT		0.015	2000	OTCBB 
 06/14/2021 09:31:00 EDT		0.015	175	OTCBB 
 06/14/2021 09:30:56 EDT		0.015	9000	OTCBB 
 06/14/2021 09:30:56 EDT		0.015	9995	OTCBB 
 06/14/2021 09:30:05 EDT		0.015	20000	OTCBB 
 06/11/2021 12:29:28 EDT		0.015	1000	OTCBB 
 06/11/2021 10:40:32 EDT		0.0065	10000	OTCBB 
 06/11/2021 10:37:47 EDT		0.0065	10000	OTCBB 
 

[gotmilk]

E*TRADE will no longer allow you to sell or buy stocks listed as "No Information."

[rsintn]

That was reassuring...RIP ASPT

[Stuart44]

I wrote to Bob Lembo about the expiration date of Sept 30th, below is his response.

the new rules will push non compliant pink sheet stocks onto the grey market. We are already on the grey market.

I guess they have no plans of doing anything, same as always

[rsintn]

I doubt there is a BOD anymore. It may be just Al and Bob. I wouldn't waste a dime on legal action. The best course of action is probably just to forget we own this and move on.

[gotmilk]

I don't know if this company has a Board of Directors, but if so then we need to identify these persons and suggest for them to do their legal requirements to serve and protect the company. It would be helpful if a frustrated investor knew a lawyer to ask for simply directions on any course of action we can take.

[rsintn]

I think you hit the nail on the head. We don't know all the facts behind all the failures, but Al is the common denominator.

[gotmilk]

We will never know, if they never try. What is it, 20 years running and each of those years they could have looked into a possibility of what external help was available. Maybe that is and has always been the problem that kept this company as a failed company, those in charge (Al?) have egos too big to admit they have and are failing year after year.

[rsintn]

I wonder if something like that is even possible since they haven't filed and we have no idea what the current share structure is.

[gotmilk]

I agree. Al needs to transfer a majority stake in this company to one of those start-up small companies created from highly educated folks, for example those from MIT.

[rsintn]

I never doubted Al's commitment to "trying". Trying and succeeding are two different results. I just believe he's not the right person to make it happen. He's had too many failures for what should have been a huge success.

[gotmilk]

"... no reason to believe they ever will."

Many many years ago I suggested, in a public post, a reason why they can not stop trying.

It's not to save the general population of investors, but the friends & family folks of those that run this company, all based on those that ran this company in the beginning telling friends & family members to buy in this company as a sure thing with huge returns on their investments, both as direct cash to get shares and shares on the open market.

"they" don't give a shit about us investors, but their friends & family are constantly reminding "them" that because of you I have lost big monies and want it returned.

doug

[rsintn]

True, but when was the last time they were current? And, are they making any effort to become current? After more than 20 years, they still haven't been able to commercialize HGP or EMP. Right now, there is no reason to believe they ever will. So, this may be shareholders last chance to sell.

[brezlin]

Any company can get current at any time, just no stock sales will be allowed while they’re not….

[rsintn]

If they haven't made progress with filing up til now, what makes you think they can AFTER the deadline?

[gotmilk]

Yes or No for: "...Sept deadline looms. Trading ends (for ever) if not current."

Perhaps after this event takes place this company can finally make progress and file financials. If so, then I think regular trading will be available.

doug