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I'd love to play GNPT. It looks like a good one, but,...I've liquidated every position and sold my children into slavery to get into BHGI.
The rumors are, BHGI could be NYSE by this time next year. Idk for sure, but rumors are we should know fairly quickly now that BHGI cleared through a 15c211 filing and started trading last week!
Logically, the next step should be an 8k filing explaining why BHGI spent a year, and a boatload of money to uplist out of grey sheets. Btw, BHGI is only the 3rd company in 5 years to uplist out of the Grey's under these circumstances.
I'm predicting BHGI will follow in the footsteps of PARR. They seem almost identical. PARR started on the greys at like $.90, now it's NYSE at like $25.00!
Hey JT.....I'm accumulating GNPT here for the breakout.
Your crew could definitely rocket this one at 117 MIL FLOAT WITH NO TOXIC DEBT at all left on books. This fits your type of penny play perfectly.
GNPT - COMPILED DD = WHY DO YOU HAVE TO OWN IT..
http://www.greenparts.com
Current Share Structure per TA:
FLOAT: 117M - NO REMAINING TOXIC DEBT WHATSOEVER
OS : 164M
PER Q1 (03/31/2015)
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10707167
Assets = $8mln
Current Liabilities = $5mln (currently all credit, no notes)
current OS = 164M
Book Value Per Share BVPS = $0.02
Now add to this millions in sales.....
Annual Sales 2013 = $15mln
Annual Sales 2014 = $13mln
Sales Q1 2015= $2mln
Anticipated revenues for 2015 = $15mln
Future income goals are $12mln-$13mln in sales per month and/or $100mln in sales in one year.
Company should have market cap of at least $15mln with numbers shown on audited financing.. that means GNPT should trade above $0.10.. imo and CEO is hard at work to keep company growing !
CEO took over a company debt:
During the year ended December 31, 2014, the Company was relieved of liabilities from loans to Piedmont bank. This debt ($2,227,939) was assumed by Asif Balagamwala (CEO) and the Company did not have to repay the loan. Therefore a related party liability was recorded at that time.
GNPT secured a credit line of $10mln last year.. no need for any toxic financing and convertible notes here!
Miami, Florida – TCA Global Master Credit Fund Group (“TCA”), a fund specializing in senior secured lending and advisory services, announces the closing of a $10 Million USD Line of Credit with Green Parts International, Inc. (OTC: GNPT)
http://tcaglobalfund.com/tca-closes-10-mm-line-credit-green-parts-international-inc/
info from INTERVIEW WITH CEO dated 4/14/2015b :
1. The company has been in Recycling business for 14 years and all these years they were profitable. They went from making $500k a year to close to $15mln a year (2013).
Smaller revenue of $12mln in 2014 was because the company invested a lot of money and had a lot of downtime as a result.
2. They have 3 sites. 12 acre facility brings 90% of revenue. The other two locations are running at 50%-60% capacity so they are already capable to increase revenue by another $15-20mln in sales using existing facilities. Plus they are planning acquisitions in a conservative 18-24 month time frame but really they are looking into 12 months so revenues of $100 mln in 12 months will not be difficult to hit.
3. They want to increase shareholders value. CEO believes that fair pps is at $0.20 and he is going to prove it. Company received approval for $5mln SBA refinance loan to pay down debt. Last year they got a little bit aggressive in financing term. Unaware of how a conversion deal really works and it was the first time they did it.
4. Korean Partner that works with Kia, Hyundai, and John Deere wants to invest more money..
5. Lots of other deals and opportunities in the future. For example State of GA is interested in investing in tires recycling... so talking some state contract/money...
6. CEO also stated that once GNPT obtains more liquidity, they plan on consulting with their attorneys and consultants and may do a share buy back to increase value of shares.
7. GNPT is in a huge industry that is growing and is not going anywhere which is a huge opportunity to make money on this business. So far majority of business was recycling of metal but company is looking into recycling of plastic, cardboard, and demolishing material (GA state is booming, lots of new construction). Also they are looking into different ways to recycle oil. Nowadays cost of recycling is cheaper than using raw materials/minerals because of technology. Study on EPA website provides that 75% of trash can be recycled.
Direct link to audio interview with CEO - www.princetonresearch.com/wp-content/uploads/2015/04/Money-Info-4-14-GNPT-Part2.mp3
NEWS 07/17/2015 GreenParts International Expands Global Efforts
ATLANTA, July 17, 2015 /PRNewswire/ -- GreenParts International, (OTC: GNPT) a recycling company with multiple locations in Atlanta, Georgia has released a statement from its CEO regarding the company's efforts to leverage its multinational partners and expand its business globally.
Chief Executive Officer Asif Balagamwala stated, "I recently traveled to the Middle East Region for a couple weeks and I'm very encouraged by the progress that I made with our potential partners. ….. .. we have committed to allocate funding to explore our global capabilities and to seize what I believe to be some incredible opportunities." The CEO continued," One such opportunity is in the concrete recycling and cement import business to not only the United States, but developing countries as well. I feel with our partner SAH Global we can be competitive in this industry and potentially add several million dollars in revenue to GreenParts in our first full 12 months of production. As the details unfold I will be releasing more information regarding the industry and the positive impact I expect this endeavor will have on GreenParts and its shareholders." Mr. Balagamwala went on to say, "We are in the very early stage of this opportunity, but this is potentially the first of what I hope to be many new international ventures
The CEO concluded, "As I finished my stay I worked diligently contacting other partners to expand not only our core recycling operation but to initiate other components of our strategic plan such as green energy ventures and the restructuring of our debt. We have had to use convertible debt financing in the past, and to my knowledge the positions reported in the 10q by JMJ, LG, and Asher have been completely converted …. It is a key part of our strategic plan to replace our creditors with a more favorable lender, or even an equity partner, which will allow the company to continue to invest in some of the incredible opportunities, we have in our recently developed Scrap Management and Textile Recycling divisions as well as our renewed efforts to expand globally. ..
Whole article:
http://www.prnewswire.com/news-releases/greenparts-international-expands-global-efforts-300114996.html
NEWS 06/05/2015 GreenParts International Announces Two Major Additions
ATLANTA, June 5, 2015 /PRNewswire/ -- GreenParts International, (OTC: GNPT) a metal recycling company with multiple locations in Atlanta, Georgia has announced the latest implementations of its five year strategic plan.
Chief Executive Officer Asif Balagamwala stated,"We are very excited to announce the formalization of our scrap-management consulting division and our textiles recycling division."
The CEO continued, "We recently agreed, in principle, with a Georgia exporter of recycled clothing to a deal that has the potential to generate up to One Hundred and Fifty Thousand Dollars in income over and beyond the next twelve months. We anticipate this to be the first of many, as we are working on several other textile recycling partnerships."
In regards to the newly created Scrap Management division, the CEO stated, "Throughout our history, we have purchased material from mills and other scrap producers, as well as countless foot traffic from individuals and individual contractors. While we haven't always been able to allocate the capital to actively pursue the scrap generators and metal consumers as aggressively as we would have liked, we feel the dedication that we have to our new Scrap Management division will change that and produce significant results." Mr. Balagamwala continued, "We continually invest in our systems and equipment, in order to maximize cost efficiencies and to maintain the highest quality of products. The shredding system is one of the most efficient ways to process metal. Our recent updates are paying off and allowing us to be more aggressive in our outside dealer to dealer sales."
The company noted that the goal of the scrap management division was not just to buy more product, but to create long term partners with scrap generators through its value-added consulting services. GreenParts Scrap Metal Management team feels it can help any facility in any industry become more efficient in the way it handles and disposes of its scrap. Specific targets are processors, mills and foundries, as well as, wire and cable producers and other auto salvage dealers.
Whole article:
http://www.prnewswire.com/news-releases/greenparts-international-announces-two-major-additions-300094755.html
NEWS 05/26/2015 GreenParts International's Strategic Planning Gains Traction
ATLANTA, May 26, 2015 /PRNewswire/ -- GreenParts International, (OTCBB "GNPT") a metals recycling company with multiple locations in Atlanta, Georgia, is nearing completion of its strategic planning process and anticipates implementation of a new five-year plan in the early part of the 3rd quarter.
The GreenParts comprehensive strategic planning process has been a priority for recent quarters. GreenParts CEO Asif Balagmwala stated, "It is exciting to note that the strategic planning process has caused us to identify and begin taking advantage of a variety of unique opportunities and relationships that will be generating new revenue."
An integral component of the strategic plan is a comprehensive review of GreenParts core operations as well as its global operations and partners. The implementation of this plan is intended to significantly improve operational performance and ultimately enhance earnings and shareholder value.
Balagmwala added, "Each quarter of the strategic plan is designed to provide short-term guidance and progress toward achievement of our long-term goals. While we are extremely focused on streamlining our debt, we are simultaneously committed to expanding our business verticals. As an example of a "vertical" GreenParts, together with a key international partner, and with essentially no resource diversion, proudly announces launch of our new clothing recycling project. We are particularly excited about this arena because it's a new revenue stream and also because of the additional exposure to other multinational markets and alliance opportunities."
The plan also identifies and prioritizes added new opportunities in several distinct markets as: electronics recycling, a renewed focus on scrap metal management, and boutique catering to both scrap metal generators and metal consumers. The company will be releasing more information regarding these opportunities in the coming weeks. "Any strategic plan has to be cognizant of the past, but at the same time very focused on the future. This is a very exciting time in our company's history, and through this plan we are putting a laser focus on optimizing our asset's, streamlining our operation, as well capitalizing on our enormous potential for growth. It is my personal obligation, and mission to make GreenParts International an innovator, and leader in the recycling industry," the Chief Executive Officer concluded.
Whole Article:
http://www.prnewswire.com/news-releases/greenparts-internationals-strategic-planning-gains-traction-300088643.html
NEWS 05/19/2015 GreenParts Int. Files 10Q.
ATLANTA, May 19, 2015 /PRNewswire/ -- GreenParts International today announced first quarter 2015 results.
"The first quarter 2015 market environment was extremely challenging for the steel and metals recycling industry," said Asif Balagamwala, Chief Executive Officer.
"We strongly feel that the reduction in both steel and scrap prices, combined with strength in domestic steel consumption from industries such as construction, manufacturing, and automotive should support a stronger domestic steel industry later this year. Given that domestic steel prices have come down, we believe the levels of imported steel will decline. In addition, sustainable lower raw material costs and increased orders as customers' inventory excess reduces, will allow our customers to not only increase their order volume with us, but allow for much better guidance and continuity. Obviously, this will have a very positive impact on GreenParts," continued Balagamwala.
The Company's recycling operation recorded a loss for the first quarter 2015, based on lower metal spread caused by decreasing Ferrous prices that dropped as much as 30% in February, as well as reduced shipments due to lower domestic steel mill utilization. The company expects volume and margins to increase throughout 2015, as steel mill utilization is expected to improve and scrap price volatility to subside.
Whole article:
http://www.prnewswire.com/news-releases/greenparts-int-files-10q-300085857.html
NEWS 04/22/2015 Greenparts International Reports Current Progress
ATLANTA, GA / ACCESSWIRE / April 22, 2015 / Greenparts International, (GNPT) a metals recycling company with multiple locations in Atlanta Georgia, has published its 10K along with information on current market conditions.
Greenparts President/CEO Asif Balagamwala commented on the company's 2014 results and market conditions stating, "We are pleased that we were able to successfully deal with 2014's precipitous ferrous scrap prices drop to the lowest levels since 2008. Last year's lower prices were created by excess global steel production, lower iron ore prices and weaker demand." Mr. Balagamwala added "We generated positive cash flow from operations in spite of this market deterioration and more importantly, we invested heavily into our infrastructure for the future. Specifically at our main location, we conducted a major reorganization during 2014 Q 1 of 2015 redesigning our production lines to facilitate greater efficiency and timely order fulfillment. Additionally we invested a significant amount of money and time to renovate our primary shredder, at a cost of a month and a half of production. This was necessary to maximize the use of the shredder in the current competitive market. The equipment upgrades and the production reorganization will create material, sustainable improvements to our bottom line."
As to current market conditions Mr. Balagamwala stated "While prices are lower than last year at this time we are seeing a stabilization in both prices and demand."
In closing the CEO addressed debt cost and new ventures. "In an effort to continue our rapid growth and recovery from 2014 forward we took on some aggressive debt cost that combined with unforeseen events impacted our bottom line. While operationally strong this debt cost proved to be a heavy burden. We are excited to be working with some quality partners to address and alleviate this issue, and combined with other strategic actions underway are looking forward to cost reductions and a return to growth through 2016 and beyond. In regards to new ventures, we are very fortunate to have some international partners that are increasing their participation with us and domestic opportunities, as well as developing new verticals from our core business. We not only anticipate, but are very much looking forward to releasing information regarding these partnerships in the near future."
Whole Article:
http://finance.yahoo.com/news/greenparts-international-reports-current-progress-165500347.html
BHGI up again! Good gains every day for a week! GET-IN!
TRTC Up, Up and away!
SPTK Worth a look!
just noticing activity/
BHGI some cheapies at $.80 are available! This is a multi-dollar play.
BHGI Up over a buck! ITYS! This ain't nuthing! Get-in!
UPGI ON watch
BHGI Premarket! This pup is going UP UP UP!!! GET-IN!
JT's Morning Coffee and Chatter 07-28-2015
AREN & BTCS are worth a look.
BHGI is continuing to move North. BHGI has very few shares on the float and with just clearing a 15c211 filing, news should be forthcoming. LOAD THE BOAT!
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BHGI ticking up! So few shares on the float. This could get crazy!
BHGI The time is now! GET-IN!
Great! Good luck, I've got you followed
On my watch list! Thank you for the tip!
Hey J.T. check out IENG. .0006 pps with 6 million dollars revenue from their subsidiary Patten Energy. Patten Energy has numerous contracts with the city of LA and is now expanding to Illinois. Sleeping giant imo! Flying under the radar
Tick Tock,.. JT's morning coffee is only 11 hours away. I'M BAAAAAACCCK!
i see whatzzz mean, otcbb been stale all winter and spring.
it is hot here hit 119* today. any midnight specials.
my pm box full.
mmrf getting some atteention.
OTC has really been cracked down on! Sad
THE-END-OF-AN-ERA - OTCBB-GONE-FOREVER
(This is why Pennyland has gone to chit)
By VentureVest | November 19, 2014 at 06:35 PM EST
In an unpublicized move, FINRA owned Over the Counter Bulletin Board (OTCBB) is closed for good. The Financial Industry Regulatory Authority (FINRA), a non-profit organization, had been trying unsuccessfully to sell the OTCBB since 2009. On July 27, 2014, FINRA quietly filed with the SEC a proposal to delete rules relating to OTCBB thus ceasing OCTBB operations. The OTCBB was retired on November 17, 2014.
An announcement at finra.org claims that “information currently available on OTCBB.com will become available on the Finra.org website.” Our investigation found no individual stock trade or reporting information available. When pressed, an un-named source at FINRA confirmed that the OTCBB is out of business for good.
Sources indicate the SEC release of October 7, 2014 states: “FINRA proposed to adopt rules: (1) governing the treatment of quotations in OTC equity securities by member inter-dealer quotation systems and addressing fair and non-discriminatory access to such systems; (2) requiring member inter-dealer quotation systems to provide FINRA with a written description of quotation-related data products offered and related pricing information, including fees, rebates, discounts and cross-product pricing incentives; (3) expanding the reporting requirements related to quotation information in OTC equity securities; and (4) deleting the Rule 6500 Series and related rules and thereby ceasing operation of the OTCBB.” (See SEC Release No. 34-72575; File No. SR-FINRA-2014-030)
The FINRA rule release request succeeded in eliminating the OTCBB and imposes governing regulations on the remaining inter-dealer quotation system namely, the OTC Markets comprised of the OTCQX, OTCQB, and Pinksheets.(www.otcmarkets.com).
The OTCBB was the sole exchange for fully-reporting over-the-counter stocks until OTC Markets Group introduced their OTCQX and OTCQB exchanges in 2010.
Background
While NYSE functions as auction markets, the OTC market is dealer-driven. The OTCBB and OTC Markets Group’s OTCQX, OTCQB and OTC Pink marketplaces fall into the latter category, and all stocks trade there as a result of broker-dealers quoting a company’s stock. This compares to the exchanges, where companies must apply and qualify to be listed with the exception of OTCQX, OTC Markets Group's highest marketplace, for which there are qualification requirements.
The Penny Stock Reform Act of 1990 mandated that the SEC create a uniform electronic quotation system for OTC stocks. The OTCBB was created to provide this and now provides real-time securities data for 1,000 securities and is used by 80 market makers. Although FINRA is responsible for overseeing its daily operations, the OTCBB is regulated by the SEC.
History
The stock market segment that was traditionally referred to as the “Pink Sheets” has undergone many changes over the years. It began with the National Quotation Bureau (NQB) in 1913 and chiefly comprised penny stocks and high-risk offerings that were listed on sheets of pink paper (or yellow paper for bonds), which were distributed to brokers and investors. This continued for decades until the internet boom in the 1990s facilitated widespread electronic dispersion of quotes. NQB introduced its real-time electronic quotation service in 1999 and changed its name to Pink Sheets the following year. Electronic messaging was introduced in 2003. It was then renamed Pink OTC Markets in 2008 and took its present name of OTC Markets Group in 2010. In 2007, it reorganized all stocks previously traded in the Pink Sheets into three separate marketplaces. These marketplaces are based on the quality of the companies’ disclosure, so that investors can more easily access and analyze companies and make informed trading decisions:
http://www.investopedia.com/articles/investing/070513/otcbb-and-otc-markets-group.asp
Congress May Kill XBRL for Smaller Businesses
By VentureVest | March 28, 2014 at 05:45 PM EDT | No Comments
With overwhelming support, the House Financial Services Committee approved bipartisan legislation that would remove the XBRL requirement on SEC filings for smaller companies. If passed, companies earning less than $250,000 in annual revenue will be exempt from the XBRL requirement for 5 years.
atrib: accountingTODAY
OTC Markets Likely to Drop Hundreds of Companies Into the Pinks
By VentureVest | March 26, 2014 at 06:47 PM EDT | No Comments
In an announcement reportedly emailed to all brokers, transfer agents and OTC Markets participants, the public was made aware of sweeping changes to the OTCQB beginning March 1, 2014. Changes include:
A one penny ($0.01) bid price requirement
A $2,500 application fee.
A $10,000 annual fee.
Annual OTCQB Certification.
These changes are designed to "improve transparency and exclude companies that are most likely to be associated with stock promoters and other nefarious operators."
Justification for the action cites a survey of OTCQB participating companies. The reasons given are that "low priced shells and stock promoters make OTCQB a less attractive marketplace and hinder their ability to attract a wider group of potential shareholders."
"For companies that do not wish to be fully transparent or engage with their public market, we will continue to operate a marketplace for brokers to trade in these securities on the OTC Pink," the announcement read.
Details of the changes can be found on the OTC Markets FAQ sheet.
The entire announcement can be had here.
This move will significantly increase the cost to companies for raising capital though a public offering, once again hurting the small businessman.
SEC Delist an additional 61 shell companies.
By VentureVest | July 12, 2013 at 06:49 PM EDT | No Comments
SEC Delist an additional 61 shell companies.
The SEC has suspended trading on an additional 61 companies that are delinquent in their public filings and that the SEC considers ripe for fraud in Over-the-counter market.
They had previsouly suspended trading on 379 companies.
See the story and the list on the SEC website.
==================================
SEC Suspends Trading of 61 Companies Ripe for Fraud in the Over-The-Counter Market - June 3, 2013
Financial Advisor July 12, 2013
SEC Suspends Trading In 61 Shell Companies
SEC Approves JOBS Act
By VentureVest | July 12, 2013 at 06:03 PM EDT | No Comments
BREAKING NEWS
SEC Approves JOBS Act (Jumpstart Our Business Startups Act) Requirement to Lift General Solicitation Ban,
July 10, 2012 - A major step in the JOBS act has been taken by the SEC in lifting the ban on general solicitation on general advertising for certain private securities offerings. This means that under certain circumstances, a company raising money can reach out to many individuals and actually advertise that they are raising capital.
The SEC adopted section 201(a) of JOBS Act, which overturns 80-year-old rules banning the general solicitation on private offerings by companies. And while that means companies are now allowed to use advertising to raise unlimited amounts of capital the accredited investor stipulation remains in place.
Accredited Investors, under rule 506/Regulation D, are investors with over $1 million in investable assets or $200,000 in annual income for the previous two years ($300,000 for joint income) are considered "sophisticated" and eligible for accreditation.
The two options that private placement issuers have to verify whether an investor is “accredited” is to either review federal-tax documents to check an investor’s income or have a registered broker, investment adviser, licensed attorney or CPA confirm clients’ income and overall net worth.
The SEC also adopted rules that disqualify felons and other bad actors from participating in certain securities offerings as required by the Dodd-Frank Act.
See the links below for more information.
======================
SEC Approves JOBS Act Requirement to Lift General Solicitation Ban
SEC website http://www.sec.gov/news/press/2013/2013-124.htm
=====================
Accounting Today
SEC Lifts Solicitation Ban for JOBS Act Investments
Washington, D.C. (July 10, 2013) BY Michael Cohn
http://www.accountingtoday.com/news/SEC-Lifts-Solicitation-Ban-JOBS-Act-Investments-67386-1.html
===========================
SEC JOBS Act Rule: Be Ready For Headaches, And Opportunities
Startups May Love The SEC's Move to End Ad Ban, But Advisors Should be Cautious
Jul. 10, 2013 Megan Leonhardt
http://wealthmanagement.com/industry/sec-jobs-act-rule-be-ready-headaches-and-opportunities
============================
SEC Expells 379 Dormant Shell Companies
By VentureVest | July 12, 2013 at 06:02 PM EDT | No Comments
SEC Microcap Fraud-Fighting Initiative Expels 379 Dormant Shell Companies to Protect Investors From Potential Scams
Massive Trading Suspension Is Largest in Agency History
FOR IMMEDIATE RELEASE
2012-91
Washington, D.C., May 14, 2012 — The Securities and Exchange Commission today suspended trading in the securities of 379 dormant companies before they could be hijacked by fraudsters and used to harm investors through reverse mergers or pump-and-dump schemes. The trading suspension marks the most companies ever suspended in a single day by the agency as it ramps up its crackdown against fraud involving microcap shell companies that are dormant and delinquent in their public disclosures.
Additional Materials
List of the 379 Companies
Trading Suspension Order
Investor Bulletin: Trading Suspensions
Microcap companies typically have limited assets and low-priced stock that trades in low volumes. An initiative tabbed Operation Shell-Expel by the SEC's Microcap Fraud Working Group utilized various agency resources including the enhanced intelligence technology of the Enforcement Division's Office of Market Intelligence to scrutinize microcap stocks in the markets nationwide and identify clearly dormant shell companies in 32 states and six foreign countries that were ripe for potential fraud.
"Empty shell companies are to stock manipulators and pump-and-dump schemers what guns are to bank robbers — the tools by which they ply their illegal trade," said Robert Khuzami, Director of the SEC's Division of Enforcement. "This massive trading suspension unmasks these empty shell companies and deprives unscrupulous scam artists of the opportunity to profit at the expense of unsuspecting retail investors."
Thomas Sporkin, Director of the SEC's Office of Market Intelligence, added, "It's critical to assess risks to investors in the capital markets and, through strategic planning, develop ways to neutralize them. We were able to conduct a detailed review of the microcap issuers quoted in the over-the-counter market and cull out these high-risk shell companies."
The SEC's previously largest trading suspension was an order in September 2005 that involved 39 companies. The federal securities laws allow the SEC to suspend trading in any stock for up to 10 business days. Subject to certain exceptions and exemptions, once a company is suspended from trading, it cannot be quoted again until it provides updated information including accurate financial statements.
Pump-and-dump schemes are among the most common types of fraud involving microcap companies. Perpetrators will tout a thinly-traded microcap stock through false and misleading statements about the company to the marketplace. After purchasing low and pumping the stock price higher by creating the appearance of market activity, they dump the stock to make huge profits by selling it into the market at the higher price.
The existence of empty shell companies can be a financial boon to stock manipulators who will pay as much as $750,000 to assume control of the company in order to pump and dump the stock for illegal proceeds to the detriment of investors. But with this trading suspension's obligation to provide updated financial information, these shell companies have been rendered essentially worthless and useless to scam artists.
"This mass trading suspension is an effective and novel way for the SEC to neutralize potential threats to investors," said Chris Ehrman, Co-National Coordinator of the SEC's Microcap Fraud Working Group. "With the ability to leverage staff expertise throughout the agency's offices and divisions, the Working Group is uniquely positioned to take on risk-based matters like these and focus resources where they are needed most." This SEC enforcement effort has been led by Mr. Ehrman, Robert Bernstein, Jessica P. Regan, Leigh Barrett, and Megan Alcorn in the Office of Market Intelligence along with Microcap Fraud Working Group staff from each of the SEC's regional offices: Tanya Beard, David Berman, Sharon Binger, Melissa Buckhalter-Honore, Lisa Cuifolo, Tracy Davis, Elisha Frank, Kurt Gottschall, Lucy Graetz, Jennifer Hieb, C.J. Kerstetter, Victoria Levin, Aaron Lipson, Michael Paley, Farolito Parco, Jonathan Scott, and Lauchlan Wash. The SEC appreciates the assistance and cooperation of the Federal Bureau of Investigation's Economic Crimes Unit.
Thank you! I'm still holding just about every position I held last year including BRMA (Got wiped out on the RS), QMKR, AASP and even still hold a buttload of ZERO. I have something like 35 positions and many of them just stopped trading.
I learned by talking to a 1/2 dozen CEO'S & security attorney's, it turns out in 2014 FINRA changed many rules in pennyland. The SEC has proactively canceled something like 322 shells this past year and have ramped things up so much, many of these illiquid tickers are afraid to make a PR. Mix that with d-listing any QB trading under a penny and 2014 was a disaster with many plays.
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Here you will find unbelievably accurate stock scans in real time. I've invented a proprietary scanner using the EquityFeed program. My scanning array that picks breakouts usually within the first few buys. It's surreal. If you monitor this board during market hours for real time breakouts you'll see what it's capable of doing. | ||||
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Complete Grabage. Don't wwaste your money to read innacurate, made up reports.
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1.) DO YOUR OWN DD!I am human and make a ton of mistakes.Often with dyslexia so do not be afraid to ask me questions just to double check. I am Newbie friendly and do not mind taking my time to help others free of charge. 2.) I am a strait shooter. If I like a ticker I will tell you and if I think it's a POS I will tell you. do not own a pair of kid gloves.If I think its a good time to get in I will say so, and if I think it's too late, I will give my honest opinion. BUT! Make your own decisions 3.) I will not tell anyone what to do. Investing is a personal thing with no one to blame for a bad trade or to take credit for a good trade besides the man or lady in the mirror. 4.) Take profits often! 5.) No one has ever gone broke taking profit! 6.) If a stock is running, someone will ALWAYS screw it up! 7.) Success down here is rare. If you swing for the fences, this game is geared by default for you to lose. The only way to win consistantly is with a lot of base hits. 8.) If there is profit on the table worth taking, TAKE IT! If you don't, someone else will and in no time you might be a bag holder. am not Registered as Investment Advisor in any jurisdiction whatsoever. Never invest in any stock featured on my board or my chat rooms or emails unless you can afford to lose your entire investment. Investing in "penny stocks" is highly speculative.Verify all claims and do your own due diligence on all securities. My picks are not a solicitation or recommendation to buy, sell or hold securities. I am not offering securities for sale. Neither JT The DD King's operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor under any federal or state law and none of the information provided by JT The DD King's its owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or investment recommendations. JT The DD King does not recommend that the securities profiled should be purchased, sold or held.An offer to buy or sell securities can be made only with accompanying disclosure documents and only in the states and territories where such offers and sales are permitted. Investors are cautioned that they may lose all or a portion of any investment made in securities of companies profiled. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. JT The DD King is not liable for any investment decisions by its readers or subscribers.The materials contained herein have been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guaranty that past performance will be indicative of future results. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a representation by JT The DD King.The information contained on this site and in any reports is provided on an "as-is" basis and has not been verified by us. All information on profiled companies is provided by such companies, or is available from public sources and no representation, warranty or guaranty is made as to its accuracy or completeness. JT The DD King is under no obligation to update any information or opinions contained herein. Investors should not rely solely on the information presented herein, but rather use such information as a starting point for doing additional independent research on the profiled companies in order to form investment strategies and decisions. Neither JT The DD King nor any of its owners, operators, or affiliates shall be liable to any subscriber or reader for any losses or damages arising from the use of any information contained herein, caused in whole or part by JT The DD King in procuring, compiling, interpreting, reporting, or delivering any of the information contained herein or otherwise delivered.Through use of my stock picks viewing or using you agree to hold JT The DD King , its operators owners and employees, viewers, contributors harmless and to completely release them from any and all accountability due to any and all loss (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data.Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D.JT The DD King does not offer such advice or analysis, and JT The DD King further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries and extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. Investors must make all investment decisions based on their own judgment of the market and the particular securities.I encourage all readers to invest carefully and read the investor information available at the website of the Securities Exchange Commission: http://www.sec.gov and/or the website for the National Association of Securities Dealers: http://www.nasd.com. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its website. |
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