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Investors are advised that Pink OTC Markets has not been able to contact this issuer. Please refer to the Company Notes below for company status and other important information, including the Last Known Address, where available.
PEDI -- PrimEdge, Inc. -- currently holding the ORANGEBOX assets once held by GVRP/MAMG: GLUV > GVRP > MAMG > PEDG > PEDI > ???(coming soon)
Same insiders, same assets. See it right here: #msg-20130804
http://www.otcmarkets.com/stock/PEDI/company-info
LAST KNOWN ADDRESS: 101 Plaza Real South Suite 217; Boca Raton, FL 33432; Phone: (561) 447-7977
LAST KNOWN BUSINESS DESCRIPTION: PrimEdge, Inc., a holding company, owns and manages DigiKidz, Inc. a producer and distributor of family entertainment DVDs, and Orangebox Entertainment, Inc. a production and post production company for the Entertainment Industry. (according to recent reports, ORANGEBOX "asset" has been moved to some other shell company).
Officers: Brian J. Schuster, Chairman/CEO/Secretary; Roger Alger, Dir.; Matthew J. Cohen, COO/CFO/Dir.
CIK: 0001081275
Outstanding Shares: This has not been updated since 2007. If you have to ask, you really don't want to know.
Company Notes: Formerly=GreatestEscapes.com, Inc. until 8-01; Formerly=American Ammunition, Inc. until 10-01; Formerly=American Recreational Enterprises, Inc. until 1-04; Formerly=Bidville, Inc. until 8-06
Note=3-1-07 company in default with the Secretary of State of the State of Nevada. This happened right after the most recent 1 for 100 reverse split.
Transfer Agent: Pacific Stock Transfer Co., Las Vegas, NV
What a monster chart! Have you ever seen an amoeba up close? Scary! ;p
You should know about GVRP and MAMG if you just stumbled upon PEDG or PEDI:
by SSP -- the post that started it all #msg-6321662:
"I like forward split plays, and I put GVRP on watch monitoring it after their HUGE reverse split occurred, since a very large forward split was still to come, so I tracked the stock in case selling occurred before the Ex-date of 05/23. I saw early Tuesday morning (05/17/05) that a market maker “EFGI” showed up on the level2 box ready to sell at $3.50, I placed an order to buy shares at that price and was filled quickly, much to my amusement. I then alerted my message board The Golden Lists, that it was trading before the split and many got involved...
Then it got better! There was a press release one hour later, this is IMPORTANT!
They planned the selling, it was no mistake, they set themselves up to sell and dump on the news release:
GLUV Corp. Announces Entry Into the Entertainment Industry, Tuesday May 17, 10:25 am ET
I was then alarmed that they didn’t know what they were doing (stock was trading with due bills) and the next day sent some emails to the company..
The company didn’t want to listen, they were pleased to sell, they continued the selling all of that week – IT WAS NO MISTAKE!
Others have contacted the company and the transfer agent and they both brushed us off.
Additional proof we made contact is we knew there was 11 shares only, before the company made it public in their press release: #msg-6384026
and working backwards, 33mm divided by 3mm = 11 shares: #msg-6384101
And we have a feeling the seller was an insider or affiliate. The selling was part of the “sell on news” setup, which only insiders could have known and timed.
Once the company realized the mess they got into, the company issued a “do not trade GVRP” news release which was on the Sunday before the Ex-Dividend date of 05/23
and later filed an amendment to attempt to cover the mistake by issue more paper, 250 Trillion shares newly issued on 05/25th, but BACK DATED! to 05/20th.
IT WAS NO ACCIDENT, that the company reverse split the stock 6.5 million to 1 to eliminate all shareholders, it was no accident that on Tuesday May 17th shares started to sell at $3.50, it was no accident that a press release came on that same very day early morning. The T/A later admitted they thought the stock split already to 33 million shares. Directors were contacted the next morning only to ignore the warnings, and EVEN admitting they thought the shares had forward split (I have it in writing). They wanted to sell into our "misunderstanding" of the split, ("no don't, let them keep buying the stock")
Of course you know the mess that has developed, brokerages aren’t trading the shares, SEC has already suspended trading, which it has now come out of, and the stock is “trading” in the gray sheets, unsolicited only.
Now the problem I see from the traders point of view is this:
We followed the rules and regulations of the market with our trading, and expect the resolve to be within the guidelines of the market rules as well. If GVRP is allowed to issue those trillions of shares to cover their mistake and fill our accounts in that manner for the Forward Split shares owed to us, then insiders will pull off a crime, they will get to keep the money they made selling shares they never had the week of 05/17th, which is probably close to a million dollars according to the trading logs that week, and we will lose since the forward split play will fade, there will be no demand for the shares anymore. Since the stock was allowed to trade, many have sold shares expecting delivery of the split shares, and used the proceeds to make other trades, making reversing/busting all trades a very complicated endeavor I still only hold pre-split shares though and didn’t sell short awaiting hopeful delivery on the due bill FS shares. I mentioned that I didn’t want to mess up my account, and that others should consider the same. None of us bought GVRP because of the merger news release, the company is a scammy dog, and we are only in this for the forward split.
Many entities are in this fiasco now, and perhaps liable, 1) The seller of pre split shares, and if connected to GVRP which in my opinion is 100% connected, then 2)GVRP, 3) the Transfer Agent, 4) The brokers, 5) possible insurance.
Possible solutions?
A) reverse all the trades AFTER Ex-Date, then tender an offer for the pre-split shares we hold. That way the insider gives back the money to us and pays a penalty for the mess.
B) all liable parties involved in this fiasco are to resolve the mess by buying back all the shares post split, we are to be restricted from buying it, but can sell it to those trying to cover, may it be the insiders, the T/A, the brokers, and all insurance if applicable!
GVRP is a unique situation, so it can't be lumped into a basic pinksheet scam, it's a problem with a system that needs to be resolved. Shares sold with due bills attached that have failed delivery is the problem. The market regulators must resolve this problem, and in such a way that if no one gets anything from this, then NO one does, meaning not even the insider. I sincerely hope the trades in the GVRP insider’s account didn't settle, and the cash is frozen, like many other accounts are going through, fair is fair. I trust the sec will give the incident serious consideration when they mull over the facts, and proper litigation is followed through, and hopefully we'll be reading something about GVRP here, http://www.sec.gov/litigation.shtml
Personally I went in this situation with the notion that I may be throwing my money away, and to me it's not about the money anymore, it's the abuse going on that's insulting the USA Securities Industry!
GVRP mess is larger than the company and the inept seller. The play has become the screw up, and all those entities that can legally be held accountable, to make due their responsibility to follow the market rules and regulations.
Many rules were broken, we all know which ones, if nothing is done, or correctly resolved then a precedent is set..."
Helpful Links
Spin off Homeland Productions Inc:
http://www.otcbb.com/asp/dividend.asp?sym_id=GLVP&dDate=05/09/2005&sDateType=Record_date
Apply a 1 - 6,500,000 reverse split:
http://www.otcbb.com/asp/dividend.asp?sym_id=GLVP&dDate=05/12/2005&sDateType=ex_date ,
to eliminate all current shareholders, paying off the fractional shares next to nothing.
Forward splitting the shares 3,000,000-1 over a week later
http://www.otcbb.com/asp/dividend.asp?sym_id=GVRP&dDate=05/23/2005&sDateType=ex_date
And perform a merger and name change:
http://biz.yahoo.com/bw/050517/175743.html?.v=1
GLUV Corp Seeks Trading Halt
http://biz.yahoo.com/bw/050522/225025.html?.v=1
11 shares mentioned
http://biz.yahoo.com/bw/050527/275366.html?.v=1
**Email correspondence, read it from the bottom up:
http://www.tgllive.com/gvrpemail.pdf
** The amendment filed on May 25th, dated May 20th for 250 Trillion Shares:
http://www.tgllive.com/amend.pdf
The NASD (now FINRA) notices are available here:
NASD Notice to Members 05-41 - June 2005 - Important Information Regarding the Suspension of Trading in the Securities of Gluv Corp.1
http://www.finra.org/RulesRegulation/NoticestoMembers/2005NoticestoMembers/P014361
Attn: Trading and Market Making/Legal and Compliance / Operations / Systems UNIFORM PRACTICE ADVISORY (UPC # 053-2005) June 13, 2005 - Gluv Corporation New – Common Stock (OTC: GVRP)*
http://www.finra.org/web/groups/rules_regs/documents/upc_notice/p014363.pdf
Important Information Regarding the Suspension of Trading in the Securities of Gluv Corp.
http://www.finra.org/web/groups/rules_regs/documents/notice_to_members/p014362.pdf
================================
Here's the legal judgement against Mr. Peter Kirschner -- it explains how he improperly sold MAMG into the marketplace: #msg-21205827
Other-OTC System Changes - 11/8/2011 12:00:00 AM
09:24 PEDI PrimEdge, Inc. Common Stock 11/8/2011 100 12(j) Registration Revoked by SEC**
Generic, thanks for posting it. I sold it at a loss two months back for an urgent cash need. Regards,
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
SECURITIES EXCHANGE ACT OF 1934 Release No. 65275 / September 7, 2011
The U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of the following issuers, commencing at 9:30 a.m. EDT on September 7, 2011 and terminating at 11:59 p.m. EDT on September 20, 2011:
...
Bidville, Inc. (n/k/a PrimEdge, Inc.) (PEDI)
...
The Commission temporarily suspended trading in the securities of the foregoing companies due to a lack of current and accurate information about the companies because they have not filed certain periodic reports with the Commission. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).
The Commission cautions brokers, dealers, shareholders and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by these companies.
Brokers and dealers should be alert to the fact that, pursuant to Exchange Act Rule 15c2-11, at the termination of the trading suspensions, no quotation may be entered relating to the securities of the subject companies unless and until the broker or dealer has strictly complied with all of the provisions of the rule. If any broker or dealer is uncertain as to what is required by the rule, it should refrain from entering quotations relating to the securities of these companies that have been subject to trading suspensions until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met. Any broker or dealer with questions regarding the rule should contact the staff of the Securities and Exchange Commission in Washington, DC at (202) 551-5720. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.
If any broker, dealer or other person has any information which may relate to this matter, they should immediately communicate it to the Delinquent Filings Group of the Division of Enforcement at (202) 551-5466, or by e-mail at DelinquentFilings@sec.gov.
http://www.sec.gov/litigation/suspensions/2011/34-65275.pdf
Tuesday, April 26 2011 1:01 PM, EST $30M award in lawsuit against Nebraska broker Associated Press, The "AP Financial News"
OMAHA, Neb. -- A federal judge awarded $30 million Monday to more than 200 investors who claim they were defrauded by a pair of Nebraska City brokers.
The decision came in a class-action lawsuit filed in 2007 by former clients of Rebecca Engle and Brian Schuster in U.S. District Court in Omaha . It accuses them of improperly selling risky investments.
The $30 million judgment was against Schuster, a former Nebraska football player, and some of his investment firms. It does not include Engle.
J.L. Spray , an attorney for the investors, said Tuesday that he was pleased with the judge's decision but "it leaves the question of how much of this we'll be able to collect."
Schuster, who has since moved to Vermillion, S.D. , is representing himself in court. A number listed for him rang unanswered Tuesday.
Spray said the case against Engle has been put on hold pending her bankruptcy case in Arizona .
Schuster, 37, is scheduled to stand trial next month in state court on eight counts of security fraud. Engle, 57, has pleaded guilty to two counts and awaits sentencing. Several lawsuits and arbitration claims have been filed against them.
Most of the investors involved in the arbitration or lawsuits wanted conservative, stable investments with little risk because they were nearing retirement age or were already retired when they got involved with Engle and Schuster. They have said the brokers instead invested their money in high-risk enterprises in Florida and never fully explained the risks.
Engle and Schuster worked together in Nebraska City at times between 2000 and 2007. The brokers were affiliated with at least three different companies _ Capital Growth Financial LLC , Wachovia Securities LLC and VSR Financial Services Inc. _ during those years.
The investments at issue were sold when Engle and Schuster worked for Capital Growth . A settlement reached in 2009 gave investors almost $900,000 from Capital Growth and two of the firm's former employees.
The investors have said Engle and Schuster sold securities in two Florida companies, American Capital Corp. and Royal Palm . According to court documents, Engle and Schuster described the companies in glowing terms, but they were actually high-risk investments.
PrimEdge Inc. later bought American Capital and Royal Palm , and Schuster became the president and chief executive of PrimEdge . Both American Capital and Royal Palm are no longer in business.
well keep pumping... and maybe you will get some buying.
what we see here is consecutive 2nd day pump attempt which is failed due to no buying support.
Gap filled we should move back up north!
1@0029 1@0051 something going on here. RM?
1@0024 1@0029 1@0051 wow..... is it thin. hold your shares. pedi taking off today
PEDI IS A NICE GAPPER! 0024 but 0029. L2 very very thin. big run coming today
PEDI is realy thin. think we take out 005 very quickly
good morning traders, nice day coming here.
100% ask 0024 close. nice gapper in the morning.
Nice day here today looks like this shell is waking.
Picked up some more when it dipped intraday.
1x0025 1x0032 1x004 1x0051 nice.... very thin here
Don"t have to hear from the Co at all for this to run big like so many othes do with alot more than 36M O/S. 5-10 million volume and this goes to at least .006-.01 IMO.
I could have easily taken a nice profit but
I'm not in this for a little run. We haven't heard from this company in a long time but once we do this could run to multi pennies in a blink of an eye. Glad it came down opportunity to load some more.
PEDI can move like lightning 36M O/S. It only started today when GTLL sucked the air out of the room but it did that to others too I guess.
Drawing a lot of interest maybe something's up!
A filing will send it hard.
why is it running today? is it just another run or any corp action underway?
SOS status link:http://nvsos.gov/sosentitysearch/CorpSearch.aspx
Me thinking 2011 will bring some serious action here. Regardless we all saw how fast this hit a penny
with little action. Planning to add some more at these low levels.
133 trade today L2: 0008 X 3 - 00016 X 1 ask side looking really thin.
0015 BreakOut volumeeeeeeeeeeeeeeeeeeeeee
gonzilee, O/S remains the same...and take a look at the chart...EOY runner IMHO.
I think this puppy is about to run soon again...JMHO.
Thank you then for your thoughts......if that comes to fruition then I will use my losses here (which there are not any) as a tax write off...Lord knows I need to lose sometime
People recently involved with this stock should be prepared for a total loss.
OK I get it....and I hope so for your sake....but for others in this now.......well.....we must have gotten in a bit lower.....wish you would take it up with them instead of this board ....THX
I hope the scam dogs involved with this company lose every dime they have.
That's why.
your siggy....why even post here? Hey I have no beef with you, but when I see people on specific stock boards they dont like, I get a little miffed....it just ruffled my feathers is all
What does that mean, exactly? Can you spell it out? I'm a little slow.
you must be the third branch!
What does this mean?
Insurer to Pay Bulk of $900K Settlement in Nebraska Fraud Case
By Josh Funk
July 23, 2009
A group of more than 200 investors who believe they were defrauded by their Nebraska-based brokers will share roughly $900,000 in a settlement with one of their brokers' former employers. The company's insurer, Quanta Specialty Lines Insurance Co., will pay most of that amount.
But this latest settlement, approved by a federal judge, is a relatively small part of the legal battle being waged by former clients of Rebecca Engle and Brian Schuster.
Engle and Schuster have pleaded not guilty to eight felony counts of securities fraud. Several lawsuits and arbitration claims have been filed against them and their former employers accusing Engle and Schuster of improperly selling risky investments.
Court documents filed in the lawsuits and criminal complaints say investors were defrauded out of at least $20 million.
Most of the investors involved in the arbitration or lawsuits wanted conservative, stable investments with little risk because they were nearing retirement age or were already retired when they got involved with Engle and Schuster. They say the brokers instead invested their money in high-risk enterprises in Florida and never fully explained the risks.
Engle and Schuster, a former Nebraska football player, worked together in Nebraska City at times between 2000 and 2007. The brokers were affiliated with at least three different companies - Capital Growth Financial LLC, Wachovia Securities LLC and VSR Financial Services Inc. - during those years.
The investments at issue were sold when Engle and Schuster worked for Capital Growth.
The class-action settlement that gained preliminary approval is between the investors and Capital Growth along with two of the firm's former executives, Alan and Michael Jacobs. Florida attorney Neil Baritz, who represents the defunct Capital Growth and the Jacobses, did not immediately respond to a message.
The settlement terms were listed as confidential in U.S. District Court in Nebraska. But a copy of the settlement was filed in a related case in Florida, where Capital Growth was trying to collect from its insurer, Quanta Specialty Lines Insurance Co.
According to those court documents, Quanta will pay $646,160 to the class-action plaintiffs and another $93,840 to a specific investor who won an arbitration claim against Capital Growth. Separately, the Jacobses will pay $170,000 in a different arbitration claim.
Quanta also agreed to pay $230,000 in legal fees related to the defense of Capital Growth and the Jacobses.
This settlement does not represent the end of the case because several other defendants in the class-action lawsuit have not settled or admitted wrongdoing. And resolving some of the lawsuits or arbitration claims only generates additional litigation. For example, a May settlement with VSR gave investors the right to sue that company's insurer, AIG, in an effort to collect $10.3 million.
"This is a very small piece of the overall puzzle," said J.L. Spray, one of the attorneys representing the investors.
The investors say Engle and Schuster sold securities in two Florida companies, American Capital Corp. and Royal Palm. According to court documents, Engle and Schuster described the companies in glowing terms, but they were actually high-risk investments.
Both companies were bought by PrimEdge Inc., and Schuster became president and chief executive of PrimEdge.
And...what does mean that? TIA.
Yeah, and with some decent volume...and stoch. still remains low, and rsi entering into power zone...plenty room to run IMHO.
Did you ever read the Morningstar report or figure out why Dunn and Bradstreet issued an up to date?
just need attention and volume.. and this could run pretty fast.
who cares its a start
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Investors are advised that Pink OTC Markets has not been able to contact this issuer. Please refer to the Company Notes below for company status and other important information, including the Last Known Address, where available.
PEDI -- PrimEdge, Inc. -- currently holding the ORANGEBOX assets once held by GVRP/MAMG: GLUV > GVRP > MAMG > PEDG > PEDI > ???(coming soon)
Same insiders, same assets. See it right here: #msg-20130804
http://www.otcmarkets.com/stock/PEDI/company-info
LAST KNOWN ADDRESS: 101 Plaza Real South Suite 217; Boca Raton, FL 33432; Phone: (561) 447-7977
LAST KNOWN BUSINESS DESCRIPTION: PrimEdge, Inc., a holding company, owns and manages DigiKidz, Inc. a producer and distributor of family entertainment DVDs, and Orangebox Entertainment, Inc. a production and post production company for the Entertainment Industry. (according to recent reports, ORANGEBOX "asset" has been moved to some other shell company).
Officers: Brian J. Schuster, Chairman/CEO/Secretary; Roger Alger, Dir.; Matthew J. Cohen, COO/CFO/Dir.
CIK: 0001081275
Outstanding Shares: This has not been updated since 2007. If you have to ask, you really don't want to know.
Company Notes: Formerly=GreatestEscapes.com, Inc. until 8-01; Formerly=American Ammunition, Inc. until 10-01; Formerly=American Recreational Enterprises, Inc. until 1-04; Formerly=Bidville, Inc. until 8-06
Note=3-1-07 company in default with the Secretary of State of the State of Nevada. This happened right after the most recent 1 for 100 reverse split.
Transfer Agent: Pacific Stock Transfer Co., Las Vegas, NV
What a monster chart! Have you ever seen an amoeba up close? Scary! ;p
You should know about GVRP and MAMG if you just stumbled upon PEDG or PEDI:
by SSP -- the post that started it all #msg-6321662:
"I like forward split plays, and I put GVRP on watch monitoring it after their HUGE reverse split occurred, since a very large forward split was still to come, so I tracked the stock in case selling occurred before the Ex-date of 05/23. I saw early Tuesday morning (05/17/05) that a market maker “EFGI” showed up on the level2 box ready to sell at $3.50, I placed an order to buy shares at that price and was filled quickly, much to my amusement. I then alerted my message board The Golden Lists, that it was trading before the split and many got involved...
Then it got better! There was a press release one hour later, this is IMPORTANT!
They planned the selling, it was no mistake, they set themselves up to sell and dump on the news release:
GLUV Corp. Announces Entry Into the Entertainment Industry, Tuesday May 17, 10:25 am ET
I was then alarmed that they didn’t know what they were doing (stock was trading with due bills) and the next day sent some emails to the company..
The company didn’t want to listen, they were pleased to sell, they continued the selling all of that week – IT WAS NO MISTAKE!
Others have contacted the company and the transfer agent and they both brushed us off.
Additional proof we made contact is we knew there was 11 shares only, before the company made it public in their press release: #msg-6384026
and working backwards, 33mm divided by 3mm = 11 shares: #msg-6384101
And we have a feeling the seller was an insider or affiliate. The selling was part of the “sell on news” setup, which only insiders could have known and timed.
Once the company realized the mess they got into, the company issued a “do not trade GVRP” news release which was on the Sunday before the Ex-Dividend date of 05/23
and later filed an amendment to attempt to cover the mistake by issue more paper, 250 Trillion shares newly issued on 05/25th, but BACK DATED! to 05/20th.
IT WAS NO ACCIDENT, that the company reverse split the stock 6.5 million to 1 to eliminate all shareholders, it was no accident that on Tuesday May 17th shares started to sell at $3.50, it was no accident that a press release came on that same very day early morning. The T/A later admitted they thought the stock split already to 33 million shares. Directors were contacted the next morning only to ignore the warnings, and EVEN admitting they thought the shares had forward split (I have it in writing). They wanted to sell into our "misunderstanding" of the split, ("no don't, let them keep buying the stock")
Of course you know the mess that has developed, brokerages aren’t trading the shares, SEC has already suspended trading, which it has now come out of, and the stock is “trading” in the gray sheets, unsolicited only.
Now the problem I see from the traders point of view is this:
We followed the rules and regulations of the market with our trading, and expect the resolve to be within the guidelines of the market rules as well. If GVRP is allowed to issue those trillions of shares to cover their mistake and fill our accounts in that manner for the Forward Split shares owed to us, then insiders will pull off a crime, they will get to keep the money they made selling shares they never had the week of 05/17th, which is probably close to a million dollars according to the trading logs that week, and we will lose since the forward split play will fade, there will be no demand for the shares anymore. Since the stock was allowed to trade, many have sold shares expecting delivery of the split shares, and used the proceeds to make other trades, making reversing/busting all trades a very complicated endeavor I still only hold pre-split shares though and didn’t sell short awaiting hopeful delivery on the due bill FS shares. I mentioned that I didn’t want to mess up my account, and that others should consider the same. None of us bought GVRP because of the merger news release, the company is a scammy dog, and we are only in this for the forward split.
Many entities are in this fiasco now, and perhaps liable, 1) The seller of pre split shares, and if connected to GVRP which in my opinion is 100% connected, then 2)GVRP, 3) the Transfer Agent, 4) The brokers, 5) possible insurance.
Possible solutions?
A) reverse all the trades AFTER Ex-Date, then tender an offer for the pre-split shares we hold. That way the insider gives back the money to us and pays a penalty for the mess.
B) all liable parties involved in this fiasco are to resolve the mess by buying back all the shares post split, we are to be restricted from buying it, but can sell it to those trying to cover, may it be the insiders, the T/A, the brokers, and all insurance if applicable!
GVRP is a unique situation, so it can't be lumped into a basic pinksheet scam, it's a problem with a system that needs to be resolved. Shares sold with due bills attached that have failed delivery is the problem. The market regulators must resolve this problem, and in such a way that if no one gets anything from this, then NO one does, meaning not even the insider. I sincerely hope the trades in the GVRP insider’s account didn't settle, and the cash is frozen, like many other accounts are going through, fair is fair. I trust the sec will give the incident serious consideration when they mull over the facts, and proper litigation is followed through, and hopefully we'll be reading something about GVRP here, http://www.sec.gov/litigation.shtml
Personally I went in this situation with the notion that I may be throwing my money away, and to me it's not about the money anymore, it's the abuse going on that's insulting the USA Securities Industry!
GVRP mess is larger than the company and the inept seller. The play has become the screw up, and all those entities that can legally be held accountable, to make due their responsibility to follow the market rules and regulations.
Many rules were broken, we all know which ones, if nothing is done, or correctly resolved then a precedent is set..."
Helpful Links
Spin off Homeland Productions Inc:
http://www.otcbb.com/asp/dividend.asp?sym_id=GLVP&dDate=05/09/2005&sDateType=Record_date
Apply a 1 - 6,500,000 reverse split:
http://www.otcbb.com/asp/dividend.asp?sym_id=GLVP&dDate=05/12/2005&sDateType=ex_date ,
to eliminate all current shareholders, paying off the fractional shares next to nothing.
Forward splitting the shares 3,000,000-1 over a week later
http://www.otcbb.com/asp/dividend.asp?sym_id=GVRP&dDate=05/23/2005&sDateType=ex_date
And perform a merger and name change:
http://biz.yahoo.com/bw/050517/175743.html?.v=1
GLUV Corp Seeks Trading Halt
http://biz.yahoo.com/bw/050522/225025.html?.v=1
11 shares mentioned
http://biz.yahoo.com/bw/050527/275366.html?.v=1
**Email correspondence, read it from the bottom up:
http://www.tgllive.com/gvrpemail.pdf
** The amendment filed on May 25th, dated May 20th for 250 Trillion Shares:
http://www.tgllive.com/amend.pdf
The NASD (now FINRA) notices are available here:
NASD Notice to Members 05-41 - June 2005 - Important Information Regarding the Suspension of Trading in the Securities of Gluv Corp.1
http://www.finra.org/RulesRegulation/NoticestoMembers/2005NoticestoMembers/P014361
Attn: Trading and Market Making/Legal and Compliance / Operations / Systems UNIFORM PRACTICE ADVISORY (UPC # 053-2005) June 13, 2005 - Gluv Corporation New – Common Stock (OTC: GVRP)*
http://www.finra.org/web/groups/rules_regs/documents/upc_notice/p014363.pdf
Important Information Regarding the Suspension of Trading in the Securities of Gluv Corp.1
http://www.finra.org/web/groups/rules_regs/documents/notice_to_members/p014362.pdf
================================
Here's the legal judgement against Mr. Peter Kirschner -- it explains how he improperly sold MAMG into the marketplace: #msg-21205827
Here's the SEC Administrative Proceeding Action against Mr. Kirschner: #msg-21215725
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