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Okay thank u for youre time and effort
in order to get off the pink markets..........
that should have read in order to get off the grey market.
in order to get off the pink markets the company needs to find a market maker willing to sponsor a new form 211 submission to finra. a market maker assumes great risk when sponsoring a 211 and it is extremely unlikely that they would sponsor a company that has been suspended for suspected fraud. also, finra is unlikely to approve such a submission for the same reason. suspended companies rarely get off the grey sheets. out of the last several hundred suspensions only 3 have ever returned to pink sheet trading, and that was only after many, many months, even years.. if you want to study that history just let me know.
After reviewing that rule, item number 3 in the intraduction would simply require the BD to have in its possesion basically recent 10 k qs and 8
and the company current in its fileings.
I dont see the problem re the way back to BD mkts
if you read the suspension notice you will see that the form 211 that the market makers had on file has been declared null and void. form 211 is what allows market makers to make a market. now, it will be matched trading only.
Why no market makers if there is no suspension...?
when this stock comes off suspension it will be trading on the grey market. no market maker bids or asks.
Suspended, so what iam i missing re youre post...?
ATLT now shown on grey market at otcm.
http://www.otcmarkets.com/stock/ATLT/quote
RE SEC Conersation, call them Jennifer and Rosada [ 202-551 - 4965 or 4955 ]
I did because i dont have a problem with the co and wanted them to know that, and yes i own
the stock and yes i was on the last 2 cc calls.
I will tell u this RE SEC over all i have never been impressed, and they will never issue anything that would sound like a oplogy no matter what they did or did not due.
And trust me they work for the US Govie and thats NOT U as the tax payer.
That's likely to be the reality.
but when it reopens he will be able to buy for much, much less.
Umm, the stock is halted.
Buyer here. no guts no glory.
Present tense iam fully invested , but as soon as i can raise some cash.
iam in for more.
To each his own, but i assume some one called the sec re the 11 mill NON CASH charge.
Those converts / derivetives are gone with the wind and that = no more non cash charges.
Huggy Bear
You ROCK !!!!
Ok. Fact is your stock got suspended today and is being investigated for fraud.
then what did you mean by "compliance"?
Never mentioned delinquency. This is getting boring.
I find such extremism unfounded when you state "everything". Sounds more emotional than factual. I prefer to stay with the facts.
compliance means filing timely reports. this is not a delinquency issue.
perhaps, but don't be surprised if you hear nothing.
Actually, everything about ATLT points to an illegitimate company, which is certainly what the commission is contending.
That was a stretch to think I meant the suspension would be lifted before the specified date. I mentioned update, not necessarily suspension lift. Simply put, if they are a legit company, and it appears they are by their track record up to this point, they will come forward, perhaps before the suspension lift date to explain the issue.
?? Everything is a believability issue. Point?
Link to where it was stated a possible early trading resume.
Especially in dealing with SEC compliance.
this is not a compliance issue. it is a believability issue.
a link to what? the suspension notice? renee already posted that but in it it tells you when the suspension is over.
the suspension will not be lifted early. trading will resume on the grey market on monday, 12/18/17.
I have no idea But i can tell u from first hand experince
with DLJ in house counsel.
That the SEC is one screwed up place, the Boston office put some
crap out re soft dollars when our lawyer went there and put them in
there place.....they agreed but would not retract there crap.
DC SEC said basically dont listen to the Boston office listen to us
u are correct and just fine re youre view on the law at the time.
These are the people that got tipped how many times re BERNIE and 50 BILL
in fraud and got NOTHING DONE.
Haveing said that, nothing to do but sit tight.
That's quite a general statement and I disagree with it.
Mistakes do not garner federal actions.
It ain't just Lynx. The Arc Capital guys have been under investigation/convicted before.
It's cockroach theory.
My theory is that Chinese companies coming to the US are bound to make mistakes. Especially in dealing with SEC compliance. Well see.
If they wanted to pump up the stock up and make money on it, it was not necessary to exist for so long, to work, to appear at conferences and so on. It is enough to order PR and pump up stocks. But they worked. For what? This makes no sense. We are waiting for the leadership's statement or on December 15th. Then everything will be clear.
Perhaps an error occurred. But the leadership is silent! We are waiting for explanations from them in the coming days.
Hopefully this is just a stupid over-sighted issue that will be resolved soon. They are a real company with real profits. Does anyone think other wise? If not, they should be back up and running soon and they should update shareholders very soon if they are legit IMO.
If it does not help, I will find other ways to punish these scoundrels. Now their dream should be sensitive !!!
lol. good luck with that.
Source.....? re youre numbers.
We will wait for the statement of ATLT directors what they will say about this. If this is all a lie, I will personally sue them. Maybe I will not return the money, but I will demand that they be given a term in prison!
Look what happens to a paid pump like ATLT when a company has 13 million in liabilities and 11 million in losses and only 8 thousand in cash in just one quarter.
Well that sucks.
Anything associated with Lynx Consulting Group LTD is bad news.
That suspension sure was quick. Wonder what else is brewing.
And the price for starting the pumping is very convenient, as the price is not very appreciated and there is a potential to $ 1.00, so housewives and small investors will buy at these prices. Traders will connect when the price rises above 0.40 $ -0.50 $
Good afternoon. This situation is very similar to the beginning of the pumping. Since bid do not generally hang, and all purchases are in green in ask. If this is the beginning, then in a few days or weeks you can pump up to 1+ and there's news about new contracts and blue chips!
All buys except 1 sale for 600
Some one read the news, once it runs a little
and comes up on searches like big movers on the day
etc etc more people will get on board.
Its not the story and its not the multiples its lack of awareness
because any one who digs in fundi wise will draw one
conclusion = buy it.
I still say $ 2.00 to $ 2.50 inside a yr easy.
Present tense its worth a $ 1.00 +
We shall soon enough how Taglich views it on the new report
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