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IBFL FINRA deleted symbol:
https://otce.finra.org/otce/dailyList?viewType=Deletions
IBFL SEC Suspension because of questions regarding the adequacy and accuracy of information about the company.
https://www.sec.gov/litigation/suspensions/2019/34-85835.pdf
Order:
https://www.sec.gov/litigation/suspensions/2019/34-85835-o.pdf
It does not appear to be. Dead company -- dead stock.
IBFL...MAJOR UPWARD BOUND IN MORNING!
I played it as momo play, period. I'm out since yesterday. I'm not pumping it as you posted. You do not have to respond because this is my last post on this board I only have a few per day.
Read post 12. I got in and then out. This was a momo play only for a few hours.
The last low float stock that Ryan Franks front loaded and pump and dumped was CAPB
Here is his newsletter for that pump and dump from July 27, 2011
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65615523
Again the email blast happened at 9:42 am
This time the newsletter was full of flat out lies. Ryan Franks put numbers in the email newsletter that belonged to another company (CBCR) not CAPB. CAPB delisted in March of 2009. The public shell no longer had any assets or operations after that. It was by every definition of the phrase - a dead shell.
But to Ryan Franks it was a low float play. A chance to make money at the expense of other investors. Front loading share then doing an email promo full of lies then dumping on the unsuspecting followers is very much illegal.
Here is what happened to CAPB on July 27, 2011.
The promo shot the price up from $.015/share at the open to high of $.04/share in the minutes following the email blast.
Just like with IBFL the dumping started shortly after the email blast and the price tanked back down from $.40/share to a close of $.113/share. A whole bunch of bag holders were created because very few people were able to get in before the profit line was broke and many that did were not smart enough to sell before their profits disappeared.
The next day the stock continue to drop closing at $.069/share
On July 29th the stock closed at $.05/share
On By August 2nd the stock was down to $.04/share
It gradually sank from there closing at $.02/share today.
The pump&dump prompted Pumpsanddumps.com to write this:
http://www.pumpsanddumps.com/2011/08/touts-seedy-side-of-being-stock-pimp.html
Quote:
We label the Stock Psycho at PennyStockAlerts.com, its owner IPR Agency, LLC and its publisher Ryan Franks criminals. And we've sent this to the SEC. We strongly urge all hurt by this scam to do so as well.
Release Date: April 1, 2010
For immediate release
The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between Independent Bancshares, Inc., Ocala, Florida, a registered bank holding company, and the Federal Reserve Bank of Atlanta.
A copy of the Written Agreement is attached.
Attachment (45 KB PDF)
2010 Enforcement Actions
Last update: April 1, 2010
http://www.federalreserve.gov/newsevents/press/enforcement/2010enforcement.htm
Did anybody even bother to look for a web site??
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67648403
You are very lucky USAA is protecting you. This is a scam and the last ones holding will be hurting!
Criminally negligent promoter,
The Stock Psycho at PennyStockAlerts.com is pushing the worthless shares of no longer existent Independent Bancshares, (IBFL).
The last time The Psycho pushed the shares of an out of business bank, he deemed it an accident, but only once we publicized his criminal activities. He even brags about the success of the scheme on (CAPB) in his current email in which he touts IBFL.
A lot of people lost a lot of money to this thief in the CAPB scam and now he's bought up shares of IBFL and will try and steal some more money.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67648403
We didn't find any symbols that matches your request of "IBFL". If you think we're missing a symbol please let us know.
$IBFL is a momo play with no real value, could run again in Power Hour - I'm aware of it's status. As I said in my previous post it's a momo play only and extremely risky but high returns with a little luck and quickness. This is OTC land, only invest with mad money!!!
OK, gotcha. Momo plays are particularly dangerous when the ticker is utterly worthless, but of course it could run again if people buy it. Good luck.
I never said $IBFL has value. Like you said this is a momo play. This is OTC land, I invest in momo and news,
ie: SEC filings and PR.
If I remember correctly only 5% of OTCs goes to the Big Boards.
I still believe $IBFL has another run in it, closer to Power Hour! IMO
This is a zombie ticker -- it's not even a shell. The bank that was once publicly traded no longer exists.
http://fdic.gov/news/news/press/2010/pr10191.html
http://fdic.gov/bank/individual/failed/inatbank.html
So why do you think the ticker IBFL has any value whatsoever? It represents NOTHING.
This was a pure momentum play. The stock will return to .05 or less in short order.
$IBFL dipping again - great prices to jump in on before the next run!!! Power hour should be interesting!
$IBFL - Set to Hit $2 Today? I think so, the way it's trading so far!!! :) Get in on the dips and then take your profits - don't wait!
Why would it? Have you ever traded a pure momo play before?
i see it testng the .5's again not the .05's!
The stock will probably be back under .05 soon, so USAA is saving you some money.
$IBFL e-mail I got today: Up 866% on 736k volume only - more to give!
Monster move this morning......Jumped in at .20
dont know but im glad im in!!!!!!!!!!!!!
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