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me too!! $10K halted
of curse you are holding YOU CANT SELL...hahahaha like me
Now I understand - it didn't drop to zero because it will stay at whatever the last trade was at.
saw that thanks.but still it's doesn't make any sense.,why PPS wasn't dropped to ZERO that day?
ASH - please read this 8-k be sure to read the press release at the end.
THE SHARES WILL NEVER TRADE AGAIN - THEY EXPIRED AT ZERO VALUE.
Its all right there in the 8-k
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8717733
i hope i'm right.fingers crossed.thanks anyway
Not true ash - its over because they didn't complete the voting - ITS DEAD.
if i understood well a business combination can be done till
September 14, 2012
Yes those were the warrants. But they are no more, Give me a minute and I will repost the announcement stating it.
READ my post no. 732 what do u think? THNAKS
Ash - NASDAQ halted it first - then it was announced it had in fact expired on July 14th.
Nobody is trying to scam anyone unless they tell you they will trade again. The entire company is liquidating because they didn't do a merge within the time allowed.
So warrants still operative imo
if warrants EXPIRED WITH ZERO value why NASDAQ Haulted?
IS THIS RELATING OUR WARRANTS?PAGE 37:"The Sponsor purchased the Sponsor Warrants at a price of $0.75 per warrant ($5.0 million in the aggregate) in a private placement that occurred simultaneously with the closing of our initial public offering. Each Sponsor Warrant entitles the holder to purchase one share of our common stock at $12.00 per share. The proceeds from the sale of the Sponsor Warrants were added to the proceeds from our initial public offering held in the trust account pending our completion of our initial business combination. If we do not complete our initial business combination by July 14, 2012, which is the date that is 21 months after the closing of our initial public offering, the proceeds of the sale of the Sponsor Warrants will be used to fund the redemption of the Public Shares, and the Sponsor Warrants will expire worthless. The Sponsor Warrants are subject to certain transfer restrictions and are not redeemable by us so long as they are held by the Sponsor or its permitted transferees. If the Sponsor Warrants are held by holders other than the Sponsor or its permitted transferees, the Sponsor Warrants will be redeemable by us and exercisable by the holders on the same basis as the warrants included in the units sold in our initial public offering. The Sponsor Warrants may also be exercised by the Sponsor or its permitted transferees on a cashless basis. Otherwise, the Sponsor Warrants have terms and provisions that are identical to those of the warrants sold as part of the units in our initial public offering."
then
On July 12, 2012, HACII also held a special meeting of stockholders at 11:00 a.m. Central Daylight Time. The only matter voted on by
HACII’s stockholders was a proposal to approve an adjournment of the special meeting of stockholders to permit further solicitation and vote
of proxies in favor of an amendment to HACII’s amended and restated certificate of incorporation to, among other things, extend the date on
which HACII must either consummate a business combination or commence proceedings to dissolve and liquidate from July 14, 2012 to
September 14, 2012 (the “Amendment Adjournment Proposal”). The Amendment Adjournment Proposal received the following votes:
http://secfilings.nasdaq.com/edgar_conv_html%2f2012%2f03%2f08%2f0001193125-12-101609.html#FIS_BUSINESS
are u sure? how do u know?
Before Sep/ 14/ 2012
WHEN do u think it's coming back to trade?
All of us still holding!!! All accounts are freeze we cant sell of curse we are waiting!!
You still waiting buddy????
Yes we will open at 0.50+ when this coming back to trade, EXP date is 7/14/2017!!!! No more lies
THE WARRANTS EXPIRED WITH ZERO VALUE ON JULY 14TH -
THEY AREN'T COMING BACK.
This thing will be halted until NASDAQ is happy, and given how these situations often play out, that could be years since the company is not really interested in trading any more. After all, they are closing shop, and paying out shareholders. As far as they're concerned, the warrants are expired and worthless. They waited until after 07/14/2012 to pump out their PR. I'm sure this will end up with plenty of lawsuits, but in the end, the only people that will win will be the lawyers.
We Need to wait!!! And Keep the fingers crossed!!! I hope will going to trade again and highs level before market open 7/13
some one know how many days give nasdaq to respond back?
yep, probably one of the questions the NASDAQ has. But the company is obviously under the impression they already expired.
Warrants expire 07/14/2017
OK, I'll bite. NASDAQ has instituted a halt on the all related stock symbols until some questions get answered. But the company already indicated the warrants are expired and worthless. So how will a trading halt change that?
Who know mayne next monday open the market!!!
Nah. I think I'll stay here now since I read your reply.
Terin,
this is from one of your past post in another stock encouraging a stock holder not to panic..
Please leave this room and go find another stock to bash..
---------------------------------
Terin
Share
Tuesday, June 19, 2012 9:23:17 PM
Re: MONICALAW post# 8708
Post # of 9186
Personally, I think you're panicking based on low volume downtrend. And Chiron is probably playing on your fears. CEO already indicated he would not issue any PR until there is some relevant news. As long as share structure remains unchanged, we're fine. And, CEO specifically stated he will not mess with the share structure. The current share price is a bargain, and people are crazy not to buy at these prices, given what is currently known.
At this moment No one LOST...the money is freeze!!!
You lost. It's game over. eom
my quetions when expire Warrants shares??? 07/14/2012??? So they gona pay in cash 0.625 before the Warrants shares was expire RIGHT?? we buyed all shares 07/13/2012!!!!!! one day before!!!
Hicks Acquisition Company II, Inc. Announces Planned Redemption Of Publicly-Held Common Stock And Planned Subsequent Dissolution
DALLAS, July 16, 2012 /PRNewswire via COMTEX/ -- Hicks Acquisition Company II, Inc. HKAC 0.00% ("HACII") announced today that it has ceased operations except for the purpose of winding up and redeeming, in accordance with its certificate of incorporation, its outstanding publicly-held shares of common stock at a per-share price, payable in cash, equal to the aggregate amount on deposit in HACII's trust account, net of franchise and income taxes payable and certain amounts payable for dissolution expenses. The record date for the redemption payment is set as July 14, 2012 and, therefore, anyone who purchases shares of HACII common stock after this date will not be entitled to receive any redemption payments. HACII's outstanding warrants have expired without any value and the holders thereof will not be entitled to any redemption payments. As promptly as possible following such redemption, HACII will dissolve. Under HACII's certificate of incorporation, it had until July 14, 2012 to either consummate a business combination or commence proceedings to dissolve.
Nasdaq has also orally informed HACII that it intends to currently halt trading in all of HACII's securities listed on the Nasdaq Capital Market and to formally delist HACII's securities upon its dissolution.
YES totaly agree!!, we need to wait, i have faith on this HKACW next open will be open at 0.50+.
Someone pay $5000 in fees to NASDAQ resquest info.then get time to suspend trade then create the panic!!...
i think the notice of Warrants Shares NO value was manipulated!!...i write a email to the company and i dont get Respond back!!.....WHO OF THIS BOARD CONTACT THE COMPANY???
Company is dissolving. The warrants are worth NOTHING. Stop holding on to hope people!
When a stock that you are holding is halted, there is really nothing that you can do. You can't buy or sell shares, so there is no point in contacting your broker.
When the stock does re-open for trading, keep in mind that many people will be either frantically buying (if there was good news released) or selling (if there was bad news released). Keep this in mind because if you place a market order, you may end up with a much worse price than if you had waited an hour or so.
Normally a halt will last an hour or two at the most - in rare circumstances, a halt can last for days, weeks and even months.
The only thing that you can do is try not to panic, and wait for the news to get released.
Hope this trades again...Hicks is one unpredictable old man..
GLTA
There is still hope..
HICKS ACQUISITION CO II INC WT EXP 071417 HKACW: NASDAQ
that sosunds great...
fingers crossed then!
Hope so. Still got my lotto ticket... not as if I could have sold it :)
Haulted,not suspended!. There is still Hope!
Common we have Hope! Haulted not Suspended!!!
Trading will remain halted until Hicks Acquisition Co. has fully satisfied NASDAQ's request for additional information.
For news and additional information about the company, please contact the company directly or check under the company's symbol using InfoQuotesSM on the NASDAQ® Web site.
WILL BE SUSPENDED FOR OPEN AND CLOSE TRANSARTION FOR 7 to 15 DAYS
Well said buddy! It's one large penny slot machine. Make sure you can afford to lose it before pulling the lever. It's write-off...on to the next!
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