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lifted,,,,yes trading can resume on friday--it will be on the grays im sure with everyone trying to dump-e
I wasn’t the one to post that just saw it!
how can he own $8 M in shares...at todays price he owns 8 billion shares then and there are only 3 billion shares from my understanding
message me for my work email
https://stocktwits.com/thetradingboxer/message/296954844
Any lawyers trying to help??
ptah did shit for a hole year
they even didn´t pay nvsos
I’m for it but honestly they are not consistent. Some of there suspensions makes no sense because the companies were actively trying to get current which defeats their whole june/sep deadline LOL
personally i love to see the sec shutting down all the scams.. Leaves way for the few real ones..
Doomed to the grays--alas--another failed dream--a pos that had not traded in 2 years--bam--down goes frazier-e
New Pennystock rules coming
https://www.foxbusiness.com/markets/sec-could-examine-penny-stock-listings-standards-after-robinhood
That’s not surprising with the type of people who are in government positions. They create draconian regulations and enforce them inconsistently. They then claim to be protecting you from yourself, but the people who get screwed the most are the ordinary citizens.
Done will never come back. SEC killing a lot of otc..
since it makes it harder for the custodian who is taking action to get the ticker current in the first place
now your getting it. that's the point.
Can the custodianship reach out to the SEC and let them know they have a active case. It defeats the purpose of they’re new rules and what they are trying to do lol
Suspending actionable Custodianships (even though this was granted in 2019 and we’ve heard nothing LOL) negates the impact of the new rules they’re trying to enforce, since it makes it harder for the custodian who is taking action to get the ticker current in the first place. It’s counter productive and I suspect whomever is doing these investigations does not fully understand what they are doing. There is no consistency at all.
I agree with you. What this did was expose the insiders behind the curtain. What they really said is you guys can not come and mess up are scam.
Let’s hope the custodianship thing works out then! I’m hopeful
it will be eligible to trade on the grey market on the 12th.
It should trade and I suspect most will sell. I will keep in my account. Anything can happen in this market. Maybe the custodianship will work out. Worse case I’ll wait till the end of this year to see what happens or just offset taxes with a loss.
That’s what I took away from that. Hopefully they’ll let it trade again.
Almost same as FB jail just here they got your money$$$
The order says the suspension terminates on March 11th, will it trade normally? It doesn't specify what happens after.
They should’ve NEVER mentioned ANYTHING about social media accounts. That’s a separate issue that should NOT fall under the purview of the SEC, AT ALL! That’s a 1st amendment thing. Cancel Culture is rampant these days and it’s obvious nobody has taken the time to actually READ the Constitution. If I say PTAH is a bad stock on this social forum, you don’t suspend PTAH, because Natureboy could have influenced the stock. You suspend PTAH for lack of information. Social media should never enter into the conversation where the SEC is concerned. Out of their jurisdiction.
Today's order states that trading is being suspended because of questions about recent increased activity and volatility in the trading of these issuers, as well as the influence of certain social media accounts on that trading activity. The order also states that none of the issuers has filed any information with the SEC or OTC Markets, where the companies' securities are quoted, for over a year. As a result, the SEC suspended trading in the securities of: Bebida Beverage Co. (BBDA); Blue Sphere Corporation (BLSP); Ehouse Global Inc. (EHOS); Eventure Interactive Inc. (EVTI); Eyes on the Go Inc. (AXCG); Green Energy Enterprises Inc. (GYOG); Helix Wind Corp. (HLXW); International Power Group Ltd. (IPWG); Marani Brands Inc. (MRIB); MediaTechnics Corp. (MEDT); Net Talk.com Inc. (NTLK); Patten Energy Solutions Group Inc. (PTTN); PTA Holdings Inc. (PTAH); Universal Apparel & Textile Company (DKGR); and Wisdom Homes of America Inc. (WOFA).
Looks like it’s still open. Anything can happen!
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=2V6VLrk67KoefAniPcFgQQ2&tabIndex=3
That’s my guess. If anything it should speed things up
Shouldn’t be a problem. If anything it’ll light a fire under somebody’s butt to get this all above board.
I will keep my hopes up that they move forward with the custodianship
KNC, LLC. Same guys that did EXLA and ADIA
Who put in a custodian petition?
If it is, then those guys wasted their chance to do something good with this.
watch for the custodian petition to be dropped.
Hardly any come off the grays. Once it is able to trade there will be no ask or bid. Matched trades only. Most likely a sell off once it is able to trade. A lot of brokers will not let you buy. Only sell your position.
Out of all the tickers suspended today, this one might be the best bet to bounce back since it is a custodianship. After 10 days the suspension is lifted and will probably trade on the grey market.
So what happens once it’s suspended? Can this get the company to update filings so they can be current. Looking for any positives here. I already know the negatives.
is this the 2nd time for PTAH????
God forbid there be speculation on a stock that is in custodianship...
At least it isn't permanent, but not much to see here until the 11th.
That's not good.
Thanks just saw that.
it has been suspended by the sec.
PTAH SEC Suspension "because of questions regarding: the adequacy and accuracy of information concerning the securities of each of the issuers listed above because questions have arisen as to their operating status, if any; the recent, increased activity and volatility in trading in the securities of each of these issuers, in the absence of any publicly available news or recent information by these issuers; and certain social media accounts may be engaged in a coordinated attempt to artificially influence their share prices. The stock of each of the issuers above is quoted and traded on OTC Link whose parent company is OTC Markets Group, Inc. None of the issuers above has posted any information with OTC Markets Group, Inc. or filed any information with the Securities and Exchange Commission for over a year."
https://www.sec.gov/litigation/suspensions/2021/34-91213.pdf
Order:
https://www.sec.gov/litigation/suspensions/2021/34-91213-o.pdf
Anyone having problems trading this on TD?
We ended green today, if only by a tick, but I'll take it.
Loading some PTAH here! Easy peasy!
$PTAH
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