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Pretty much, your money is gone.
Still a dead stick though right?
I'm down 69% from my original buy.
Probably should have sold the day it shot up 60%
no, your money is not locked up. trading will resume on the grey market on friday 10/6/17. there may be further sec enforcement action which could include any or all of the following; fines, disgorgement of ill gotten gains and officer bans. the sec has 5 years to do that if it decides to.
So what does this mean? Money invested is locked up and lost until the DOJ is done with their Investigation?
GRUI NOW SHOWN ON GREY MARKET AT OTCM.
http://www.otcmarkets.com/stock/GRUI/quote
If the actions continue, the SoL continue to accrue. The DoJ loves to allow the person to add to their elevated offence level on the sentencing guidelines.
Lucky answered your question.
gotcha. i stand corrected on that.
Does that meen that what is said in the news releases are facts.. ?
no, he sec has already determined that they are facts. they don't suspend on maybe or might.
that really isn't true. a suspension is not some type of deadline. the company has not been requested to provide any information. the sec conducted their investigation and determined a suspension was necessary. the sec now has 5 years to decide if they will bring further enforcement action. once the suspension ends this will trade on the grey market where it most likely will remain forever.
depends on whether the company can prove this PR is true or if it's just B.S. If they can't then this moves into the Grey markets.usually there is a letter to the shareholders from the CEO but obviously we are just hearing crickets. it's not a good situation either way... it was next to impossible to unload this turd ( I'm holding a huge bag of this stinking excrement) when it was in the pinks...my only hope here is that a legal firm launches a class action lawsuit against this company. for some reason every time I see news of an investigation or law suit, the price and volume of the stock in question skyrockets.
What happens if or when the suspension is ceased? Does that meen that what is said in the news releases are facts.. ?
you really can't make this stuff up
Newly suspended companies usually appear to put out press releases to try to soften the blow to shareholders.
Funny, a suspended issuer wants to get into the stock promotion biz.
I suspect that paid promo had something to do with the swiftness of the suspension.
Do you know who is behind that promo website?
Thank you
OTC Report
@OTCReporter
Disclaimer: OTC Report (OTCR) publishes reports providing information on selected companies. OTCR is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. OTCR accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment in GRUI is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. OTCR has received up to $37,500 from a non-affiliated third party for the publication and circulation of this report. This report contains forward-looking statements, which involve risks, and uncertainties that may cause actual results to differ materially from those set forth in the forward-looking statements. Copyright 2016 by OTCR. All rights reserved. Our Full Disclaimer: http://otc.report/disclaimer/
What is you take on this press release?
I believe it was one that raised questions.
Sandra Dubeau register squeezereport in Nevada and used the hurricaine electric address.
The was a twitter site at one point:
https://mobile.twitter.com/squeezereport
http://squeezereport.com
I have a ton more info on her and her husband but need to submit a report to SEC first.
Might even see another suspension related to Dubeau. No press releases but some SEC filings.
I'll post the findings in a couple days that involve numerous promotional sites. Don't want stuff to get deleted until I copied it all!
=====
GRUI Signs LOI to Acquire Squeeze Report Inc., an Investment Community Website with Proprietary Stock Trading Algorithms
DALLAS, August 29, 2017 /PRNewswire/ --
Grupo Resilient International, Inc. (OTC: GRUI) today announced its technology subsidiary, Resilient Data Corporation has signed an LOI to acquire 100% of Squeeze Report, Inc. Squeeze Report is an investment community website that has proprietary stock trading algorithms. The date of the closing is scheduled for August 31, 2017.
Gordon Johnson, President stated "We believe Squeeze Report's data and software will be an invaluable asset for Resilient Data Corporation as well as for all GRUI shareholders," Johnson went on to say, "It is also the intention of Resilient Data Corporation to patent the proprietary stock trading algorithms securing the asset."
About Squeeze Report Inc.:
Squeeze Report is a free and paid service financial investor community website with thousands of subscribers that has a proprietary stock trading predictive short and long algorithm to identify potential gains. Our system helps novice to seasoned pro traders by providing a firsthand analysis on stocks that have the greatest potential for gains. Our software provides alerts for the NYSE, NASDAQ, and OTC. This is one of the most comprehensive service and tools for traders looking for instant alerts that our system can identify as the most lucrative investment opportunities.
http://squeezereport.com
About Grupo Resilient International, Inc.:
Grupo Resilient International, Inc. is a diversified international holding company headquartered in Addison, Texas, with subsidiaries focusing on Infrastructure, Technologies, Data, Media, Real Estate, Entertainment, Energy and Wellness.
Forward Looking Statements:
This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission.
For more information:
Gordon Johnson
CEO - Grupo Resilient International, Inc.
Tel: +1-203-303-4699
E-mail: corporate@paradiseridgeinc.com
SOURCE Grupo Resilient International, Inc
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total pos from every angle
There is more to this story than the hurricaine thing.
Sandra Dubeau has a rather interesting history!
I'll post more later.
They tried to make money off devastating hurricanes...
not quick enough. they lured in a lot of people with their 3/1 split and name/ticker change
i wonder what possible legal action shareholders can take against these fraudsters
The SEC nabbed this one quickly, before the fraud could inflict heavy losses to shareholders. I checked the historical volumes and PPS info to see that not many people had (yet) been hoodwinked.
Good on the SEC, proactive instead of their usual reactive actions on fraud stocks.
You know a company is poorly run when...
It just got one. Congrats.
GRUI SEC Suspension:
https://www.sec.gov/litigation/suspensions/2017/34-81679.pdf
Order:
https://www.sec.gov/litigation/suspensions/2017/34-81679-o.pdf
The Commission temporarily suspended trading in the securities of GRUI because of because of questions regarding the adequacy and accuracy of statements in the company’s September 7,2017, press release about the company’s provision of Hurricane Harvey disaster relief, including
claims that the company had added a “FEMA approved contractor” to the board of its subsidiary and that the company was currently deploying workers and preparing to deploy a network of mobile broadband trailers to assist with Hurricane Harvey relief efforts in Houston. There are also questions regarding the adequacy and accuracy of other statements made in the company’s prior press releases.
the Funeral March is just as appropriate here
well looky here some buys to bring this up some. wow
5 trades today. 211500 volume traded... how many shares BOUGHT??????????????????? ZERO
brokers trading with each other. I've had a sell order at .06 for three weeks now. never filled. there is no bid or ask. few if any retail traders getting in this....and once your in, it's next to impossible to get out. the 3-1 split was the cheese to lure us into this money pit.
Can someone explain the wild up and down swings with so little trading volume?
ignore my last post. I'm frustrated I;m in this thing....I was venting at myself for being so STUPID!!
May as well get the sellers out now at this price, then this thing should have minimal resistance to go higher...
people are leaving today in a stampede for the door. what accounts for that?
The link about them contracting with Fema would be in my best guess why the stock has risen. Now we are watching another huge hurricane and tons of money goes into rebuilding after disasters so people are probably hoping GRUI makes a pretty penny from them as well.
All of my marijuana stocks went up yesterday so must have been a trendy buying day haha
I have not found any other reason for the move.
Is this related to the 65% spike earlier today?
I've almost unloaded this a few times, but I think I'm going to hang in for a while.
didn't have to wait that long. still not too many trades but volume is improving
I'm still waiting for this to break .05
more buys than sells yet this thing ends up red....WTF
this thing always runs into a wall at .05 i for one would love to see this BREAK ON THROUGH TO THE OTHER SIDE!
GREAT POST!! this company is becoming more visible now.
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AUSTIN, Texas, May 1, 2017 /PRNewswire/ --
Paradise Ridge Hydrocarbons, Inc. (OTC Pink: PRGE) today announced that it has signed a definitive agreement to acquire equity crowdfunding platform stackcap.com owned by STACKCAP, INC.
Equity crowdfunding fuels innovation and growth by providing access to capital that can take businesses from ideas to viable products and real jobs. PRGE will utilize STACKCAP, INC. to provide debt and equity financing for a wide range of business opportunities which currently lack access to needed capital. "Under the Jumpstart Our Business Startups Act of 2012 the US government has helped by lowering the barrier to entry, and now we will do our part. Under the Trump administration, we believe this will continue to spur a small business revolution, empower more women and minorities and revive the American dream," stated President Gordon Johnson.
The acquisition is scheduled to close prior to May 31, 2017. The terms of the transaction include the issuance of restricted Rule 144 PRGE common stock.
AUSTIN, Texas, April 24, 2017 /PRNewswire/ --
Paradise Ridge Hydrocarbons, Inc. (OTC Pink: PRGE) announced today that it has engaged the firm Asset Econometrics, Inc. (AEI), a Dallas-based turnaround company, to evaluate the company's acquisition plans and candidates on an on-going basis. In addition, AEI will assist the company in structuring a new executive team to manage the company's transition into a holding company that manages multiple subsidiary assets.
Paradise CEO Gordon Johnson stated, "Asset Econometrics has a strong track record in advising microcap companies. We are extremely excited to bring the AE team on board as we transition Paradise Ridge and set the framework for our future growth."
AUSTIN, Texas, April 12, 2017 /PRNewswire/ --
Paradise Ridge Hydrocarbons, Inc. (OTC Pink: PRGE) announced today that the company has brought in a new CEO to oversee the restructure of the existing operations of the corporation. Paradise Ridge will continue to operate in the oil and gas arena, but will be recast itself as a holding company at the parent level, thus enabling the company to branch out into additional areas, including real estate, entertainment and technology.
Paradise CEO Gordon Johnson was brought in back in September 2016 to oversee this change in corporate focus and direction. Johnson recently stated, "We have an incredible base of talent here at Paradise Ridge that will enable the company to expand its corporate reach into other areas, while we continue our efforts to build a sustainable and profitable energy business. I am personally very excited about the future of the company."
Gordon Johnson CEO Paradise Ridge Hydrocarbons, Inc. +1-602-455-1240 email: corporate@paradiseridgeinc.com
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