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TGLN is back soon lol!! $$$$$take your position..
..cheap price lol!!! What's your contact for info..
What's your target price and news ?
Nah, I dont even remember getting it. Thats why when I logged into a very old account I hadnt used and saw it I decided to look it up on here and saw what it turned into. Not surprised. Its a piece of garbage and always was.
The SEC would need a huge team of investigators to wipe out all of these scam pink sheet and otc companies. The most dangerous part are the paid promoters andpumpers who try to make it look like there is something to the company or stock just to attempt to drive up the pps so they can dump.
I hope you were not hurt too bad in this POS
So many scams on OTC it's amazing
Just a piece of garbage share bloated shell. It is virtually wothless and just a reminder to those smart one of us who have been scammed by the likes of Fleming. It is a good lesson on pink sheet scams.
I just checked one of my old brokerage accounts for the first time in forever, it was my first one I had set up, I saw a share in TGLN, must have been a worthless divy or something from back in the day, maybe I bought it.
Looks like another pump and dump so goes pretty much all other pinks.
NOT NEWS~!
An active domain only means that the hosting for the website has been paid for a certain length of time. It does not mean the company still operating!
news_
http://whois.domaintools.com/sterlingyachtsales.com
active company
Correct,just a shell and unfortunately once it does RM it will be slaughtered in a RS. Hopefully the next reincarnation of TGLNwill not involve fleming. The likes of people like him and Sandy Winick are what gives pink sheets the bad reputation they have.
Thank you for the link. I get it. TGLN is a shell with nothing
behind it but John Fleming.
What I am saying is that the COMPANY is no longer registered. Deregistered a/o Nov 15, 2011. The business licensed expired 12/31/2010 and the status is revoked. The company is revoked and notthe shares and that is how it can still trade. There is a ticker with no company behind it. This is nothing abnormal in the pink and gray sheets. Eventually it will be bought as a shell and have a massive RS to make it attractive to potential investors and/or people who hype these types of stocks.
http://nvsos.gov/sosentitysearch/CorpSearch.aspx
I hope this makes it easier to understand.
If you are saying the companie's shares are unregistered
and still trading read your own post from the SEC:
"Companies that are no longer operating may still have outstanding
registered stock, which can be traded until the company has the
shares deregistered or the stock's registration is revoked."
Interesting this past Friday -- someone placed a Buy order of 15 mil shares at .0001 towards EOD, resulting in the acquisition of 5 mil + shares, so for the last few minutes of trade, there was actually a 9+ mil Bid of .0001.
ownership bet 5 and 20% and a passive investor.
how much shares are right?
when must be writing a filig 13 g?
Just curious and too lazy to go in depth to find out. Does anyone know off the top of their heads if/are Golden Gate Equity , La Jolla Cove Investments and St George Investments entwined, one in the same, or just all in the same line of work?
what is happening with arsc from golden state example
: IVOI) was completed on Wednesday, November 30th.Frank Neukomm, CEO of ARSC, stated. “Hydra will trade as IVOI until we complete a number of corporate actions that will lead to a name change and new symbol.”Neukomm continued, “We have a number of state and US regulatory filings before we dividend the Hydra-IVOI shares to our ARSC shareholders. We are still planning a dividend of 1 Hydra share for every 150 ARSC shares.”
what cwn happening with tgln ;)
how can 60 MILL shares to been 10 percent?
it gives 5 billion shares.
good weekend
murmel007, Hello, his ownership is a continuing problem... imo
hello wick.
what is with flemming 75 millions?
What that required filing means is that Golden Gate/State is probably the biggest bagholders of this stock. Until such time as you see a reinstatement on the Nevada SoS site, this stock is going nowhere. Now, that is not to say that it will never happen, but reinstatement is required for this to be a viable company again. GLTA!
Look through the pink sheets and you will find many dark stocks (deregistered) that are not registered companies, no company attached yet still trade. It is nothing unusual at all and those types of companies are hyped daily on places like this to help individual bag holders and big bag holders like GGI dump shares on uneducated buyers. Any company coming wanting to RM into this or any deregistered stock (shell) will RS the heck out of it. No company will want a shell with 424,605,279 OS.
Here is some more information. This is from the SEC website:
Defunct Company, Stock Continues to Trade
Even when a company is no longer in business, there may still be active trading in its stock. This is because companies that are no longer operating may still have outstanding registered stock, which can be traded until the company has the shares deregistered or the stock's registration is revoked. The SEC does not have a rule that prohibits the trading of stock once a company becomes defunct because it does not want to forbid transactions between willing buyers and sellers, including those holding shares in defunct companies.
Quote: "The company is not registered". Then why are the company's
stock shares registered with the SEC and why did Golden file
a form with the SEC regarding their 9.99% contractual position
in an unregistered company without registered shares?
The past businesses have been unsuccesssful, but that does not
preclude someone else coming into this ticker with a viable
business and making money for themselves and the shareholders.
That is not news. It is a SEC sc 13g filing. Let me help educate you on investing:
What is required under Section 13(g)?
Section 13(g) is very similar to Section 13(d). However, the requirements of Section 13(g) are less burdensome because Section 13(g) is designed to require reporting by qualified institutional investors and passive investors which do not raise the types of concerns underlying Section 13(d). Under this section, reporting entities must file Schedule 13G, which is very similar to Schedule 13D but requires less information and, in most cases, must only be updated on an annual basis. Schedule 13G must be filed when a qualified institutional investor exceeds 5% of a class of outstanding registered equity securities provided they hold the securities due to their normal course of business and not to affect change or influence control of the issuer. Schedule 13G is actually combined with Schedule 13D.
An investment advisor registered with either a state or the SEC could be considered a qualified institutional investor and more likely subject to Section 13(g) as opposed to Section 13(d). A passive investor would be a person or entity that trades for its own account and does not fall within the definition of qualified institutional investor, e.g. broker/dealer, investment advisor, or insurance company. Schedule 13G must be filed within 45 days of the end of the calendar year in which the qualified institutional investor exceeds the 5% threshold. Going forward, amendments are required on an annual basis. Amendments are also required within 10 days after the end of a month in which beneficial ownership exceeds 10% or more and within 10 days after the end of a month when ownership increases or decreases by at least 5%.
http://www.ria-compliance-consultants.com/form13f_section_13d_schedule_13g.html#11
They have the same amount of shares as they did in 2006. They still have their shares because they were stuck with them. The ticker has nothing behind it, the company is not registered nor has a place of business, phone number, nada. A RS is the only thing happening to this ticker. No yachts, no business news, no Video Games.
Golden still has their position because they expect
something to happen or plan to make something happen.
Just my opinion.
http://www.insidercow.com/institution/subject.jsp;jsessionid=950ECC45B6BAD757F380BA48A47DA21F?subject=0001099234&company=GMFX
buy in 2012.scon is good looking.
GGI has owned 9.99% since 2/06
Golden State Equity Investors bought or increased their position
in TGLN to 9.99% in 2012. I know I saw that somewhere.
Nothing new. Company not registered. No company. No nothing as usual.
Old new that means nothing. Just checking..thanks
http://www.insidercow.com/institution/subject.jsp;jsessionid=950ECC45B6BAD757F380BA48A47DA21F?subject=0001099234&company=GMFX
in 2010selling s
in2012 buying b
heyyyy abond.nice to see you.welcome
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