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wow! what the heck is that, a mistake? up 1,500% on 615 share trade
It is no doubt a total loss. I have asked Etrade to sell it for me a week ago and they are perplexed about the whole thing and act like they have never seen a stock in this condition that they could not figure out how to get off ones portfolio.
ERUC
Buy / Sell
0.0001 0.00 0.00% $0.00 22,400,500 $0.0009 -$18,797.35 -89.35% $2,240.05
I would be thrilled if they could get rid of it and actually put the $2,240.05 into my cash account...LOL!
For the longest time I had a market order in but since dropped it. Would be nice to see some trading. Guess I will just get it cleared from the account as a write off.
I have 23 mil shares since 2008. Any takers? E-Trade is struggling to help me take my 20K loss
Wonder if we will ever see any volume again.
Yeah it was below .0001. It flashed 0.0000 for second then back to .0001. Guess somebody cleaned out don't know how they did it though. My commission is more than my position. Lol
I saw that post too. it was less than .0001 so not sure what it was...
Thought this was dead. Why 85 million traded two days ago?
Well, holy mackerel...there's 14,493,021 buys today , all at .0001...I wonder what's going on?
Only an $800 trade. When I see above $2000 maybe I will start to get interested again.
8,000,000 buy at .0001 !!!! haven't seen that in a long time !!!
What happens Oct. 12 ?
2nd day in a row with volume, today 105,270
BAM ! Another mil buy!
ER Urgent Care Holdings Inc (ERUC) was a client of Big Apple Consulting company Management Solutions International.
http://business.highbeam.com/436102/article-1G1-182597966/er-urgent-care-centers-engages-management-solutions
It will be added to the Big Apple Consulting Clients forum: http://investorshub.advfn.com/boards/board.aspx?board_id=20582
Bankruptcy filed:
http://cobrand.knobias.com/templates/aware/story1.3.htm?eid=3.1.a6cb81f6c1ba7b27869eb0b8acfa097c5d2593c2fbc867e38239bf2ead5e35fa
155M tops volume list today early
Time Price Volume Exchange
11:00:50 0.00 80000000 OTO
11:00:03 0.00 75000000 OTO
10:22:11 0.00 0 OT
He's holding worthless paper ...
What exactly are you holding?
the SHELL is worth $250K, and a reverse merger with put it in the millions; i'm not talking about the company.
WTF? This company is dead, you aren't going to see any movement ....
had my shares up for sale all day..no buyers
Did you get your check..I would like mine..
same here ..what did they say ?
my TD Ameritrade account showed my balance as
$1,293,300.00 this morning ... due to my
50,000 ERUC having a quote of $25.62 ... lol
I actually called them and asked for my check ! ... LMAO
I actually sold 2 million shares of this for 0.0001 a couple months ago. Couldn't believe it moved.
Is this an empty shell yet?! Let's run it! LOL
ERUC
how many millions of shares are outstanding???
I got suckered into buying this and lost over $5000.00 on this back in 2007 time frame!!!
At one time......they sounded like a great company with great potential........then they started issuing millions and millions of shares...they did a reverse split before that even.
I guess whoever is/was in charge there, didn't know how to manage a company, because the stock price collapsed and they stopped issuing press releases.
So.............if your thinking of buying...........be careful on this one!!
3,000,000 buy today
2,000,000 buy today
ER Urgent Care Centers Signs John Frohling as General Compliance Counsel
MIAMI, FL--(Marketwire - May 28, 2008) - ER Urgent Care Centers (PINKSHEETS: ERUC) is very proud to announce it has retained veteran securities attorney John B. Frohling as General Compliance Counsel. Mr. Frohling's responsibilities will include bringing ERUC to current status on Pink Sheets as well as the completion of our Disclosure statement. Mr. Frohling will also serve as our compliance officer overseeing all corporate governance activities.
Mr. Frohling graduated from Yale University in 1955 and Georgetown Law School where he graduated with distinction with the highest scholastic ranking in his class. Mr. Frohling served as an artillery First Lieutenant, and was a trial and defense counsel in the United States Army. Mr. Frohling's many accomplishments include research fellow of the Mcquillin Treatise on Municipal Corporation, Legal secretary for Appellate Judge of the Superior Court of New Jersey and was associated with Clapp, Eisenberg and Toner, Crowley, Wolper and Vanderbilt of New Jersey. He has also served with the General Counsel's Office of the Securities and Exchange Commission, Washington D.C. and was associate Chief Trial Counsel for the Washington Regional Office for the SEC. Mr. Frohling was a trustee of the Federal Bar Association of New York, New Jersey and Connecticut serving as Chairman of its Securities Committee. Mr. Frohling was the first attorney in the State of New Jersey to specialize in the securities field. He has also served as Special Counsel to the U.S. House of Representatives on Capital Needs of Resource Recovery Projects. "We are very proud to add Mr. Frohling to our organization. His illustrious carrier in law will help ERUC achieve many of its goals in 2008 and beyond. Welcome Mr. Frohling," said Mark Solomon, Esq. ERUC President.
About ER Urgent Care
ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop-shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model emergency rooms will no longer lose money on ER patients with minor injuries and illnesses and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms.
The attorney named here was ERUC's attorney.
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 21416 / February 18, 2010
Securities and Exchange Commission v. Greenstone Holdings, Inc. et al., Civil Action No. 10-cv-1302 (S.D.N.Y. February 18, 2010)
SEC Charges Greenstone Holdings, Inc., the Company's Chief Executive Officer, Two Attorneys, and Four Stock Promoters with Pump and Dump
On February 18, 2010, the Securities and Exchange Commission filed a civil action in the United States District Court for the Southern District of New York charging issuer Greenstone Holdings, Inc., the company's Chief Executive Officer, Hisao Sal Miwa, the company's outside counsel, John B. Frohling, attorney Thomas F. Pierson, and four stock promoters, Daniel D. Starczewski, Joe V. Overcash, Jr., Frank J. Morelli, III, and James S. Painter, III with engaging in an illegal, and in some cases fraudulent, scheme to sell hundreds of millions of Greenstone shares to the public. At the same time, Greenstone and Miwa fraudulently "pumped" the market for Greenstone stock by issuing a series of false and misleading press releases and hiring third-party stock promoters to circulate many of these statements on the internet and via email. On June 18, 2008, as part of its Anti-Spam Initiative, the SEC suspended trading in Greenstone's securities.
The SEC alleges that from approximately 2006, Defendants arranged for Greenstone to issue stock to certain entities that Pierson, Starczewski, Morelli, Overcash, and Painter controlled, for further sale to the general public, all through unregistered securities transactions. At various times over the next two years, Pierson, Starczewski, Morelli, Overcash, and Painter widely marketed and sold the Greenstone shares to the public, illegally using the sale proceeds to finance Greenstone's business activities and directly for Defendants' own personal benefit. At the same time, defendants Greenstone, Miwa, Frohling, Pierson, Starczewski, and Overcash engaged in a fraudulent scheme to cover up these illegal stock sales, including providing Greenstone's stock transfer agent with false and misleading legal opinions and preparing back-dated and otherwise false promissory notes.
In addition, according to the SEC's complaint, Greenstone and Miwa intentionally prepared and disseminated to the public a long series of materially false and misleading press releases announcing fictitious Greenstone business transactions and otherwise creating the false appearance of a thriving company. Acting with Miwa's knowledge and consent, Starczewski, Overcash, and Painter also hired a multitude of stock promoters to tout Greenstone (and its stock price) through widely-distributed internet campaigns. Often these materials repeated the false and misleading claims set out in the company's press releases, while failing to disclose that Greenstone had paid for the campaigns with its illegal stock issuances.
The SEC further alleges that Defendants sold the illegally issued Greenstone shares to the public, reaping proceeds in excess of $1.3 million between September 2006 and June 2008. Moreover, a portion of these sales were directed back to Greenstone.
The complaint also names as relief defendants thirteen companies controlled by the defendants and through which the defendants directed their illegal public sales of Greenstone's stock.
The SEC's complaint alleges that all defendants violated Sections 5 of the Securities Act of 1933 (the "Securities Act") and that Greenstone, Miwa, Starczewski, Overcash, Pierson, and Frohling violated Section 17(a) of the Securities Act and Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 thereunder. The SEC's complaint also charges, alternatively, that Miwa, Starczewski, Overcash, Pierson, and Frohling aided and abetted Greenstone's violations of Section 10(b) of the Exchange Act and Rule 10b-5 thereunder. The SEC seeks injunctive relief and financial penalties from the defendants, disgorgement from Greenstone, Pierson, Starczewski, Morelli, Overcash, and Painter, penny stock bars for Miwa, Starczewski, Overcash, Pierson, Frohling, Painter, and Morelli, and an officer-and-director bar against Miwa.
The SEC acknowledges the Financial Industry Regulatory Authority (FINRA) for its assistance in this matter.
See Also: SEC Complaint
http://www.sec.gov/litigation/litreleases/2010/lr21416.htm
every day has someone buying
So this might be a stupid question, but why did ERUC file chapter 11 if there is no chance of them becoming successful again? Shouldn't they have been required to file Ch 7? Or is this just another ploy to be perceived as not a total failure?
Is this company still active? Any D.D. on it would be greatly appreciated, thanks!
Who is responsible for the "Q" answer from pink sheets.
That is up to FINRA (Financial Industry Regulatory Authority). You can try to contact them at 203-375-9609.
Regards,
Brandon Ferguson
Business Analyst
Pink OTC Markets Inc.
304 Hudson Street, 2nd Floor
New York, NY 10013
issuers@pinkotc.com
+1.212.896.4420 w
+1.212.652.5920 f
Thanks GM, I check back later.
First of all where on earth did 85 million in volume come from?
Secondly, that is an intriguing question regarding the addition of the "Q". I have contacted Pink Sheets and inquired about the symbol. I will post any response I get on the issue.
GM, Hi, I missed your last post. I have a lot of shares of ERUC and am not sure where I stand. I noticed that the stock is still on the exchange and is not labeled with suffix "Q" for bankruptcy. Any information or www sites would be helpful. Thanks in advance!!
86EM you are mistaken. I am not, nor have I ever been an IRP.
Warning you of the dangers did not cause the pps to crash.
This crashed because the company could not turn a profit and was froced to dilute the shareholders out of existence. In short, they pwere rpinting their own form of money called common shares and were never able to bridge the gap between profits and losses.
In the end, the flow of investors dwindled and ERUC was unable to sell enough shares to meet their financial obligations. This created a situation where they ended up being sued by creditors and wound up in bankruptcy.
Don't think for a moment that by pointing out existing lawsuits and multiple share issuances had anything to do witht he failure of this company. i was just the one who went looking for it, found it and made sure investors here were aware of it.
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Moderator's Disclaimer - This board is for ERUC discussion purposes only and in no way a recommendation to invest or not in this stock. Any investment decisions should be based on your own due diligence and decision. You are solely responsible for your choices to buy or sell. This is a disclaimer and in no way holds the moderators legally liable for your investments.
DD Links and info;
MIAMI, Nov 7, 2008 (GlobeNewswire via COMTEX) -- Mark Solomon, President of ER Urgent Care Holdings, Inc. (Pink Sheets:ERUC) announced that the Company had recently filed a petition for reorganization, pursuant to Chapter XI in order to assist the Company in dealing with its cash flow problems stemming from the failure of certain of its insurance reimbursers to remit funds for an extraordinarily long period. He added that the Company's core business continues to be positive, but that relatively large accounts receivable from just one company had put extreme pressure on the Company. Mr. Solomon stated that he hoped that the filing would assist collections the Company is dealing with in this situation, while other matters remain very positive. No further details of the filing were announced.
Valued Member Added DD;
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30170706
In a country of rising Hospital care costs and HMO issues, doesn't this cartoon say it all?
3D FIRST AID AND CPR Training Cards, Print and Pass around to make new Friends, You may save a Life!
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