Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
maybe that person doesn't know how to paint LOL whack the bid first then slap the ask, not the other way around unless it's shorter manipulating it
Someone wants to keep this down to .0001 as it got hit for .03 then came the paint. Hmmmmmmmm?
I'm hoping they'll surprise us with news that the buyer came back after backing out due to bankruptcy filing
This one was my top percentage performer today up 4900%! I am thinking of dumping all my Lehman to come corner the market here. ROFMAO
Actually I forgot I had a position here, but the big number made me look at the posts today.
I still think this one will run at some point, we just need to be patient.
Patience does pay off, a lesson I learned a while back from UHK (University of Hard Knocks).
25.000 hmmmmmmmm...!!!
how many traded at .03?
Why with no bid hmmmmmmmmmmm
the bidwhacker
Last trade .0001?
the tiny share bidwhacker is still here
Well it moved up alot today?
I have been trying to pick up shares at .0001 for awhile now with no luck. Has anyone here picked any up at that price?
was wondering what is going on? maybe the company buyer came back?
Life - 10k @.03 GTC just cleared, more at same going thru
Who really knows.
The lawsuit was news last month. I think this move was an attempt to get shares for the MM's.
Anything new of late for BXXXQ? What is with the lawsuit with ARTA? Is that why it tanked today?
thats all you can get 100 shares?
no, I don't want to pay commission for 100 shares
Have you tried to get any shares like maybe .0002???
Can you even get any @.0001? The volume was so low today?
MM games ask at.03:)
tiny bidwhacks
Man that don't sound very good.
Man what happened?????
wow someone really wants this stay down for good
it should carryover to ARTA too if something happens, not a whole lot of bidwhacking lately
Hey life I was just refering to the little volume today. Mayby somethings uphere this week. The morning will tell. LOL
non-debtor sub $130M Generations Bank still intact?
More like artificial resuscitation or shock therapy to see if it can get a pulse.
thanks for that input faust
I saw that the suit was filed. I'm currently in law school,and there is a lively business with lawyers filing suits of this sort against Ch.11 corporations.The rational being if the Co.is in Ch 11,there must have been prima facie mismanagement.That being ASSUMED, the companies debtors are going to court alledging mismanagement as well.Suits of this sort are known as the "throw it against the wall and see if it sticks"type-usually filed as a class,and usually dismissed.
all these former bigboard stocks now trading at pennies have tons of lawsuits in the works but you still see them rebounding from all time lows lately
primarily against BXXXQ imho
it is against Brooke ore Aleritas??
the filers want their loans plus interest dismissed, not sure how that will hold up in court
did you read this? what do you mean about this life?
Former Franchisees File Civil Racketeering Suit Against Brooke
KANSAS CITY, Kan., Apr 10, 2009 (A. M. Best via COMTEX) -- Former franchisees of bankrupt Brooke Corp. have filed a federal lawsuit charging a company subsidiary, Aleritas Capital Corp., with fraud and civil racketeering.
A group representing 75 former Brooke agencies charged that Brooke, other subsidiaries and Aleritas, which ?provided loans to essentially 100%? of Brooke franchisees, overstated the value of the agencies and charged very high fees ? as much as half of total commissions ? for a variety of services and support activities that were never delivered.
?Over 50% of the Brooke entities' revenue was earned from transaction fees related to the purchase of agencies from third parties, and the sale of the same agencies to franchise agents such as plaintiffs,? the suit said.
The suit seeks unspecified damages and cancellation of the loans and any interest due.
It said Brooke (OTC: BXXXQ.PK) ceased making commission payments to the franchisees and then secretly sold the loans as it headed into bankruptcy last year.
Brooke Corp. had been one of the fastest-growing insurance franchisers, with more than 900 agencies across the United States. However, the suit charges that Brooke ?artificially inflated? the valuation of agencies because ?the higher the value of the agencies, the higher the franchise fees consulting fees ? and other fees they could charge plaintiffs.?
?Moreover, the more franchise failures meant the more times the Brooke entities could resell the same agencies and generate additional transaction fees,? the suit alleged. "Some agencies were sold multiple times by the Brooke entities."
Efforts to obtain comment from the company were not immediately successful.
Brooke is under federal investigation, and agents from the Federal Bureau of Investigation seized company files last December. It is also being investigated by the Missouri Department of Insurance.
Brooke is being operated by a special master and filed for bankruptcy last October. An effort to sell off Brooke's insurance operations failed in November (BestWire, Dec. 17, 2008).
(By Alyn Ackermann, senior associate editor, BestWeek: Alyn.Ackermann@ambest.com)
Alyn Ackermann
Copyright (C) 2009 by A. M. Best Company, Inc.
-0-
KEYWORD: KANSAS CITY, Kan.
still so cheap with the $130M bank subsidiary out of bankruptcy
Brooke Capital Corp vs. Brooke Capital Limited
Seems to be a different organization all together. Good thought though. I couldn't find any connection between BXXXQ and Jonathan Brooke.
not sure if it's affiliated
Appears to be an org. chart and a breakdown of how their fund is managed. Hearing something?
Followers
|
8
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
806
|
Created
|
01/08/09
|
Type
|
Free
|
Moderators |
About Brooke Corporation
Brooke Corporation is a holding company listed on the Nasdaq Global Market under the symbol "BXXX". Brooke Corporation owns 100 percent of Brooke Bancshares, Inc., a banking organization with a federally-chartered thrift institution that operates an "agent bank". Brooke Corporation owns 62 percent of Aleritas Capital, a finance company specializing in insurance-related lending. Brooke Corporation owns 81 percent of Brooke Capital Corporation (Amex: BCP), an insurance organization with a life insurance company, an insurance agency franchisor and, subject to the closing of a merger with Delta Plus Holdings Inc., a non-standard auto insurance company.
About Generations Bank
Generations Bank is a thrift institution headquartered in Phillipsburg, Kan., with the authority to recruit banker agents throughout the country. As of June 30, 2008, Generations Bank's assets totaled more than $130 million and its equity capital totaled more than $14 million. Generations Bank is a wholly-owned indirect subsidiary of Brooke Corporation (NASDAQ: BXXX) and member of FDIC. For more information, visit www.generationsagentbank.com.
Brooke files for Chapter 11 bankruptcy protection |
Wednesday, October 29, 2008 02:51ET |
The abbreviated petition filed in U.S. Bankruptcy Court in Kansas City, Kan., listed assets of $512.9 million and liabilities of $447.4 million.
"If you've got a buyer, most buyers prefer to buy something out of bankruptcy court, where they get more protection," he said.
Authorized Shares: 99,500,000
Source: Other ( 04/23/2004 )
Outstanding Shares: 14,519,001
Source: MGFS ( 08/15/2008 )
Per Reuters: Float 7.8M and Insiders control 46% of the stock
Transfer Agent
American Stock Transfer and Trust
59 Maiden Lane
New York, NY 10038
212-936-5100
Shareholder Relations Customer Service
800-937-5449
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |