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Thanks. May be, sometimes we will be rich..................
Speechfx is still in business and doing fine.
Underhanded scam!! Diluted the shareholders to death and kept all cash. Ignorant. All they did was took the company private and got out from underneath the Gaizosoft deal and the shareholders. Sleezy
"I thought he lost SpeechFX in an auction to DJ asset management?"
Yes, Duddley sold, but who bought? Maybe Duddley?
I los 40.000$. So stupid, but it was a good speech software, or is still?
Where from did you get your research result?
Just looking into it, have been looking over the cusip in my port forever.
Ok, mine too. I've been doing some research. Dudley is still the CEO of SpeechFX. I thought he lost SpeechFX in an auction to DJ asset management?
yes its just numbers in my etrade account
GAME OVER
Lost only $200 on this, which was still worth $1 now...
Fonix Corporation
Fonix Corporation was founded in 1994.
Notice
Suspension of Trading and Revocation of Registration of Fonix Corporation
On June 7, 2012, the U.S. Securities and Exchange Commission (the "SEC") entered an Order Instituting Administrative Proceedings against Fonix Corporation ("Fonix") for Fonix's delinquency in filing periodic reports.
Additionally, on June 7, 2012, the SEC entered an Order of Suspension of Trading of Fonix's common stock from June 7, 2012, through June 20, 2012.
Finally, on July 6, 2012, the SEC entered an Order Making Findings and Revoking Registrations by Default as to the registration under the Securities Exchange Act of 1934, as amended (the "1934 Act"), pursuant to Section 12(j) of the 1934 Act. The Order of Revocation can be found on the SEC's website.
Termination of Representation of Counsel for Fonix
On July 13, 2012, Durham Jones & Pinegar, P.C. ("DJP"), gave a written notice to Fonix of DJP's termination of its representation and its attorney-client relationship with Fonix and each of its subsidiaries.
Foreclosure of Security Interest
Following the termination of its representation of Fonix, on July 13, 2012, DJP published its Notification of Public Disposition, in which an affiliate of DJP, DJP Asset Management, Inc. ("DJPAM"), announced its intention to offer for sale at public auction the following collateral security for the obligation of Fonix and its subsidiaries and affiliates to DJP: Two Million (2,000,000) shares (the "Shares") of common stock of SpeechFX, Inc. ("SFX"), a Delaware corporation, which constitutes all of the issued and outstanding shares of capital stock of SFX. SFX was formerly known as Fonix Speech, Inc., and is a wholly owned subsidiary of Fonix. DJP assigned its security interest in the Shares to DJPAM. DJPAM will offer the Shares to the highest qualified bidder in a public auction at 2:00p.m. on Friday, July 27, 2012, at the offices of DJP at 111 East Broadway, Suite 900, Salt lake City, Utah. The Shares will be offered at the public auction subject to a senior security interest held by the remaining officer and director of Fonix. Click here to review the Notification of Public Disposition.
Completion of Foreclosure Sale
On July 27, 2012, DJP Asset Management, Inc. (“DJPAM”), as the secured party under an Amended and Restated Security Agreement, conducted a public auction of Two Million (2,000,000) shares (the "Shares") of common stock of SpeechFX, Inc. ("SFX"), a Delaware corporation, which constitutes all of the issued and outstanding shares of capital stock of SFX. The sale was conducted at the time and place designated in the Notice of Public Disposition, which was sent to Fonix, together with other persons holding an interest in the Shares. The Shares were sold to DJPAM, as the highest bidder at the public disposition. Accordingly, DJPAM has acquired all right, title, and interest held by Fonix in the Shares.
The SEC hit me again, grrrrrrrrrrrr
sec is cleaning ^p my account
FNXC SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-67150.pdf
ORDER:
http://www.sec.gov/litigation/suspensions/2012/34-67150-o.pdf
ADMIN Proceeding:
http://www.sec.gov/litigation/admin/2012/34-67151.pdf
SEC Info on SEC Suspensions:
http://www.sec.gov/investor/alerts/tradingsuspensions.pdf
this could fly easily
this could fly easily
Something is happining here, I see some volume!,,
yead its called delisted
Something is about to go down, couple more trades and 2's are up!
There was an 8-K filed this year on 04/18/2011 about a spin-off.
Theres still no bid which is weird. Only two .0001 left on the ask and now there is three .0002 on the ask for the first time in about six months. This should be moving shortly IMO.
Don't know, they haven't reported in some time. There were legal issues last roughly 2 years ago when a merger went bad and there were share issues. I ddon't think there has been an update since then.
See my previous post # 3227
what is the share structure on this one ?
L2 anybody? With the volume I think we may be moving here shortly...
after hours buy is why it did that
Ya 54000% up, seriously something wrong? N back to .0001 right a way?
It was actually 180 shares at .0055 =.99 cent. How do you even buy at .0055 when the ask is at .0001. Something does not smell right around here as it seems it did get a small buying frenzy on speculation , i wish that SP nwould have stuck through the early morning to get rid of my position here but no such luck so its looking like another tax writeoff.
180 shares = 0.018 cents... How do you even buy like that??? And how does it drive the stock up 54000%??? Some very shady (and I'm guessing illegal) shi* going on here I think...
They have no idea how to answer that, you should ask your broker, but all they will say was so moron bought 180 shares after market
Sorry, here's what I sent them...
Good morning
Can you please update what is happening with the stock price? Some very strange movement occurred late yesterday (5400% increase after hours on 180 shares volume) and early this morning (98% decrease, higher volume).
Thank you.
Regards,
There is no bid price at all? Wtf
They don't have an idea of who bought, what did you even ask? The only thing they would know is news
Yesterday afternoon I guess. Here's the response I got... Not good... Something really fishy going on...
The Company provides public information to the markets when and if we have material information. You can see our public information on www.fonix.com and the subsidiary, SpeechFX, Inc’s site: www.speechfxinc.com. The Company has not made any recent news announcements. As to stock movement, we have no control of market movements – up or down. You should consult with a professional investment advisor, a market maker or stock broker re market movements.
SpreechFX, Inc
Investor Relations
ir@speechfxinc.com
It was after hours at 4:28pm for 180 shares if that makes any sense?!
NOPE, I HAD A SELL ON IT YESTERDAY AND DIDNT GO THROUGH SO IT HAD TO BE AN AFTER HOUR BUY
Any updates on fonix ?
when was the buy though?
You never know. They have always responded in the past, good or bad. Hoping for the best.
doubt you hear anything
I just emailed their investor relations trying to find out WTF is going on. Will post response if I get one.
Wtf is going on
Not sure what's going on with a 180 share buy but I wish this were true. My Questrade account still shows this at.0001. Hopefully we find out more in the coming days. 180 share trade at 4:28pm? Wishing this was all true! Maybe a reverse split has occurred but I can't find anything yet that reflects this. GLTA
WHAT THE HELL JUST HAPPENED??? NOT COMPLAINING OR ANYTHING, BUT IS THIS LEGIT? HOLY CRAP BATMAN!!!
You mean spinoff?
Looking for a reverse split coming next month,
I wouldnt invest anymore in this than you want to lose.
All of which is only my opinion