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Memorial Day vs. Veterans Day
"In the U.S., Memorial Day and Veterans Day are annual federal holidays used to commemorate the lives of soldiers and others who have served in the armed forces. Memorial Day commemorates those men and women who died serving in the United States Armed Forces, while Veterans Day honors everyone who has served in the United States Armed Forces, not only those who have passed."
"We hold these truths to be self evident, that all men are created equal... In life and in death. Anger is like drinking poison, and expecting the other person to die." Je Suis la Résistance
"What a beautiful picture. Two men. One woman. One is a grieving son. The other a friend. Magnanimous , gracious, classy and comforting. The woman is decent and filled with empathy. Two imperfect men who were fidelitous to their oaths. American Presidents and a great 1st lady." Steve Schmidt
Breaking News: The federal deficit is set to rise sharply, topping $1 trillion by 2020, in the first C.B.O. estimate since G.O.P. tax and budget laws were passed
***** $UPZS: Recently, Had Huge News! *****
$CHRO is hotter than any California gurls!
AHIX - I agree. Even so, I have orders in for Monday
Welcome, not much left on the 2's. Could easily go on Monday. GO $AHIX
AHIX - yes, will be adding more this week.
Thanks for stoping by my board
$AHIX .0002 Gonna launch real hard this week once we get that funding news..imo
AHIX - Updates and DD
"S/W Teresa McWilliams (CEO)today and here is what she confirmed on the phone:
- No R/S
- Funding should be completed within days and PR can be issued as early as next week.
- She is working on another acquisition with the details to be announced in the near future.
$AHIX is going to .001+ Load Up folks!" primecomm
"Nice update! Other sources confirm funding for the acquisition"s" are verified and to hear a pr is due as early as next week makes adding a lot easier here. The outstanding notes are held by "friendly investors" and should be eliminated shortly. Everything coming together as some of the flippers from .0001 will miss the boat good work!" lukin4winners
"From OTCMarkets the A/S amount is 1,946,821,999 a/o Apr 07, 2016 Outstanding Shares is 1,615,978,504
I had asked Teresa what the shares outstanding where and if I should contact the TA. She said the OTC Markets had an accurate amount and was up to date.
Also the Bond offering needs enough clients to be packaged and submitted to the proper agency (SEC ,FINRA we didn't know).
Also IF the bond offering fell thru other avenues were in place. They, ALUF want TRIAD pretty bad IMO." The_Pro
Other AHIX DD and Emails from the CEO! http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121794224
AHIX - Updates
"S/W Teresa McWilliams (CEO)today and here is what she confirmed on the phone:
- No R/S
- Funding should be completed within days and PR can be issued as early as next week.
- She is working on another acquisition with the details to be announced in the near future.
$AHIX is going to .001+ Load Up folks!" primecomm
"Nice update! Other sources confirm funding for the acquisition"s" are verified and to hear a pr is due as early as next week makes adding a lot easier here. The outstanding notes are held by "friendly investors" and should be eliminated shortly. Everything coming together as some of the flippers from .0001 will miss the boat good work!" lukin4winners
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121123016
CHRO has the strength of 10 giants (combined)~ Aiming for $.25s+!
- Go CHRO
***** $CHRO: $.0384, $hort Squeeze still in effect, PPS could skyrocket in any moment*****
$FRGY, $COBI, $VGID, $SURE, $GNPT, $LUSI: The next $.00x stock!
Breaking News: Trading temporarily halted on New York Stock Exchange due to apparent technical issues - @CNBCNow, @business http://www.breakingnews.com/item/2015/07/08/trading-temporarily-halted-on-new-york-stock-excha
$MEDT, $IDGC, $DSCR, $UPZS, $CGRW: Hemp House in Asheville, NC
U.S. securities markets will be closed Monday, Jan. 19, for Martin Luther King Jr. Day.
Happy New Year to everyone around the world!
God bless every home and every person thru out the world with love. Peace be with you
$DSCR: The Power of Hemp and its countless uses
$DSCR: Congress: It is Now Time to Allow Industrial Hemp Research
Special Notice:
U.S. securities markets will be closed Thursday, Nov. 27, and at noon CT on Friday, Nov. 28 for Thanksgiving. Orders placed after markets close Wednesday, Nov. 26, through Thanksgiving Day will be submitted for Friday's limited trading session.
11:39am EST - BREAKING NEWS: OTC Markets says Firna has halted trading in OTC equity securities
The US trading week is shortened due to July 4th: markets will close Thursday at 12:00 and 12:15 CT and are closed all of Friday for the July 4th Holiday.
All is Good. AVOP - BUY and HOLD. Waiting on news of DTC Approval. Will continue to load at this pps.
What's going on PWS -
Play over?
Most likely just a mistake. AVOP will show to be a very good stock in time when they get all their ducks in a row.
*All info in post provided, is (as is) for informational purposes only, not intended for trading purposes or advice. NOT licensed broker. Not a paid promoter. PSWS
Yeah, I emailed them again this morning - I have resorted to getting my own facts now cause I almost feel as though i'm being led to a slaughter.............hope i'm wrong and that AVOP runs - we will see, this week sucked though that's for sure - If we close green today I will feel better -
I don't have PM so I will reply here - That email was from the transfer agent yesterday? Why would they be incorrect in their numbers? That wasn't an old email, it was a reply from yesterday.
Thoughts?
AVOP - Marijuana Incubator Group, Inc = Very Strong BUY
Back In Business!!
Site is up
LOCN 10 MILION FLOATER! OTCBB UP LISTING. CLEAN FULL REPORTED SHELL. RM PENDING
Quick steps to tackle strong yen needed: Japanese econ ministers
By Shinji Kitamura, writing by Kiyoshi Takenaka | Reuters
TOKYO (Reuters) - Economics Minister Motohisa Furukawa said on Sunday he and three other economy-related ministers in Japan agreed that measures to respond to a firmer yen need to be compiled quickly to alleviate the negative effect of the currency's appreciation on the domestic economy.
The agreement follows Prime Minister Yoshihiko Noda's comment on Friday that Japan is facing an unprecedented crisis where industry is hollowing out because of a strong yen.
The three other members of the newly formed Noda's cabinet were Finance Minister Jun Azumi, Trade and Energy Minister Yoshio Hachiro, and Tatsuo Hirano, who is in charge of reconstruction following a massive quake and tsunami in March.
In the first meeting of the Noda government's economy-related ministers, no concrete steps were discussed, Furukawa said.
Azumi said earlier on Sunday he will keep an eye on speculative moves in the currency market and take a decisive step if necessary, in a sign he will follow the footsteps of his predecessor Noda, who as finance minister, led currency intervention three times to curb the yen's rise.
"United States of Europe"
Former German leader calls for "United States of Europe"
(Reporting by Brian Rohan; Editing by Karolina Tagaris)
BERLIN (Reuters) - Former German chancellor Gerhard Schroeder on Sunday called for the creation of a "United States of Europe," saying the bloc needed a common government to avoid future economic crises.
Schroeder, a Social Democrat who ran the country from 1998 to 2005, said in an interview with Der Spiegel that European Union leaders were wrong to expect the euro to drive the bloc on its own.
"The current crisis makes it relentlessly clear that we cannot have a common currency zone without a common fiscal, economic and social policy," Schroeder said.
He added: "We will have to give up national sovereignty."
"From the European Commission, we should make a government which would be supervised by the European Parliament. And that means the United States of Europe."
Schroeder, who nurtured a close relationship with France during his leadership, welcomed an initiative launched by German Chancellor Angela Merkel and French President Nicolas Sarkozy to move toward a fiscal union in 2012.
Their proposal, which would mean giving up sovereignty over budgetary policies with the aim to shore up the 17-nation currency union, has received a lukewarm response from other euro zone countries.
"Germany and France have sent a strong signal with the plan for a European economic government, if it is meant seriously and receives suitable authority such as a European finance minister," Schroeder said.
"That is the correct way forward and the precondition for the correct funding -- euro bonds," he said.
Germany, which enjoys lower costs for issuing debt than its single currency partners, has led resistance to joint euro-denominated bonds.
"It is a huge bond market -- speculators would no longer harbor hopes of splitting it up," Schroeder said.
In order to initiate these changes, Schroeder said EU member states would have to return to the negotiating table and hammer out a new treaty to replace the one agreed in Lisbon that currently serves as the bloc's institutional framework.
"In the crisis lies a real opportunity to achieve a political union in Europe," he said.
Schroeder, who says the EU can only respond to growing competition with the United States and Asia by being fully united, has long pointed to Britain as a hurdle to further EU integration.
"Great Britain causes the greatest problems. (It is) not in the euro but the British nevertheless always want to participate when it comes to designing a European economic area," he said. "That doesn't work."
How to Boost Your Cash Reserve
Farnoosh Torabi of Yahoo Finance
Are you financially fragile? Would you be able to come up with, say $2,000, if you suddenly had to repair your car or fix a leaky roof? If you answered no, you're not alone. Nearly half of Americans say they'd more than likely have a hard time coming up with a couple thousand dollars for unexpected costs, according to a study by the National Bureau of Economic Research.
Beyond that $2,000, it's important to accumulate at least an eight- or nine-month rainy day liquid account, enough to pay your bills and maintain the roof over your head, in case of the unexpected. After all, the average length of unemployment in the U.S. now stands at 38 weeks, or roughly nine months.
Easier said than done, of course. Beyond the traditional advice of "save automatically" and "cut spending," consider these out-of-the-box ways to boost your personal cash reserve to ensure you never fall short on a rainy day.
Keep the Bills — Not Just the Change
At the end of the day, get in the routine of taking your dollar bills out of your wallet and storing them in your own personal piggy bank, or any device where you can't very easily retrieve your money. At just two bucks a day, that stash can easily grow to $700 by the end of the year.
Open a Hard-to-Reach Savings Account
In addition to an instant access savings account, try opening a separate savings account that isn't linked to a checking account. This way, you won't be able to access the account via an ATM. If you want to make withdrawals, you may have to visit your local bank — which adds an inconvenient step. Short-term certificates of deposit or CDs, which encourage you to keep your money in the account until a maturity date, are helpful for the same reason. Because your cash won't be as easy to access, it'll be relatively safe from any impulse spending.
Tip Yourself
Pay yourself every time you do something worthy of reward. For example, when you do a service you'd ordinarily pay someone else for, such as laundry, salon services or cleaning your house — tip yourself, anywhere from $5 to $10. You'll save not only what you would have spent on the service, but also a bonus for doing it yourself. Doing your own bimonthly manicure and pedicure, for example, could save you $60 a month. Tip yourself $10 each time, and you can save yourself close to $1,000 a year.
Save the Savings
Finally, while it feels great to buy that dress on sale for $50 after you budgeted to pay $100, you're not really saving unless you bank the difference, right? Instead of spending the savings on the pair of dress shoes to match, benefit from the sale by actually putting that money away. How? Hop online immediately when you arrive home and shift that savings from your checking account into a savings account.
To help keep track of the things you don't buy, try a free service like PiggyMojo.com. Just text PiggyMojo or send it free, direct message via Twitter each time you avoid spending money on things you don't need (but want). It keeps track of all the money that you're theoretically saving. The average savings for a PiggyMojo user is about $15 per "save," according to the company.
This article is part of a series related to being Financially Fit
THIS MESSAGE SERVES TO PROVE HOW OUR MINDS CAN DO AMAZING THINGS! IMPRESSIVE THINGS! IN THE BEGINNING IT WAS HARD BUT NOW, ON THIS LINE YOUR MIND IS READING IT AUTOMATICALLY WITH OUT EVEN THINKING ABOUT IT, BE PROUD! ONLY CERTAIN PEOPLE CAN READ THIS RE POST IF YOU CAN.
pretty neat....
R3 is what I couldn't figure! Would that be re?
If you can read this you have a strong mind:
TH15 M3554G3 53RV35 TO PR0V3 H0W 0UR M1ND5 C4N D0 4M4Z1NG TH1NG5! 1MPR3551V3 TH1NG5! 1N TH3 B3G1NN1NG 1T WA5 H4RD BUT NOW, ON TH15 LIN3 YOUR M1ND 1S R34D1NG 1T 4UT0M4T1C4LLY W1TH OUT 3V3N TH1NK1NG 4B0UT 1T, B3 PROUD! 0NLY C34RT41N P30PL3 C4N R3AD TH15. R3 P05T 1F U C4N
Debt Deal Done: What Does it Mean?
By Daniel Gross
At long last, a deal on raising the debt ceiling and cutting spending has been reached. The agreement, which the White House dubbed "a Win for the Economy and Budget Discipline," includes: a $2.1 trillion increase in the debt ceiling, 10-year discretionary spending caps generating nearly $1 trillion in deficit reduction (balanced between defense and non-defense spending) over ten years. What's more, a super Congressional committee will come up with a package of $1.5 trillion more in cuts and/or revenue enhancements that is guaranteed an up-or-down vote by December. And if Congress can't agree to a package, automatic cuts will commence in 2013, split 50/50 between domestic and defense spending (exempting entitlement programs like Social Security and Medicare).
Should it pass, the deal will have far-reaching consequences. The conventional wisdom on the politics of the deal have already hardened: good for the GOP and especially its Tea Party base; bad for President Obama, who gave in to repeated threats; bad for Congressional Democrats, who were marginalized; a slight gain for the U.S., which finally affirmed it would live up to its financial obligations. Much of this conventional wisdom is likely to prove wrong in time. And the impact is likely to be larger in the coming months on the markets, the economy, consumers and taxpayers than in the coming months than on politics.
Is this deal good for investors? It sure seems to be a plus for global stock markets, as Asian stock markets and U.S. stock futures rose after the deal was announced. It's difficult to see why, though. The U.S. stock market isn't a barometer on the U.S. economy any more. The typical member of the S&P 500 already gets about half of its revenues (and almost all its growth) from overseas. It's a truism that equity markets hate uncertainty. And the quick positive reaction is the latest example of the risk-on/risk-off trade. When bad things happen, or when investors think bad things are going to happen, they sell stocks. When anxiety fades, they buy stocks. That's what is happening now.
But when there are crises over government debt, doesn't the real action take place in the bond markets? Yes, it does. And the action in the U.S. bond markets has been odd in recent weeks. As the U.S. careened toward a debt crisis, people and institutions around the world continued to buy U.S. government bonds, pushing interest rates down further. In fact, last Friday, the 10-year bond closed at 2.8 percent. Investors never really believed that the U.S. would not pay its debt. They did believe, correctly, that large budget cuts would slow growth in an economy whose rate of growth is already slowing. And that tends to push interest rates down. So bonds may fall as investors embrace risk again. But over the long term, this deal in and of itself, is likely to act as downward pressure on rates.
Isn't slower growth is a potential negative factor for stocks? Exactly. While the deal takes uncertainty over debt payments off the table, it does contribute to other types of certainty for stocks in general, an for certain classes of stocks. For example, the deal calls for real cuts in defense spending (with the prospect of much more), which would be negative for the large defense contracting/aerospace complex. And as a general rule, actions that reduce domestic demand (as across the board budget cuts would) is a negative for companies that derive a disproportionate share of their revenues from the U.S.
If this is resolved, can we get back to worrying about the ongoing crisis in Europe? Yes. As the U.S. flailed toward an agreement, Europe has continued to grapple — or fail to grapple — with its own sovereign debt crisis. Spain is paying high interest rates to borrow. There's no path toward a resolution of Greece's severe fiscal problems. And don't look now, but Cyprus, the island nation whose banks are heavily exposed to Greece and that just suffered a huge power plant explosion, could be the next problem spot.
How will this deal affect growth? Poorly. Government spending is demand. If you don't believe it, try asking Wal-Mart or any food retailer what would happen to sales if food stamp payments were to be disrupted. As we've noted many times, government, at all levels, has already been throttling back employment for many months. The private sector is driving growth and will increasingly have to do so on its own. Cuts in discretionary spending, even if they are backloaded and spread over ten years, will mean less money for scholarships, for education, for health care, transportation and infrasturcutre — all vital parts of the economy.
How will this affect consumers? There was great concern that a debt crisis would cause interest rates to spike and ignite inflation. That prospects now seems unlikely. In fact, interest rates remain extraordinarily low. On net, for those with jobs and decent credit scores who want to borrow, the deal is likely to be a plus.
And America's long-suffering taxpayers, who pay the salaries of the politicians who brought us to the brink of default? How do they come out?
That remains to be seen. The big concern among many was that this crisis would result in significant tax increases. All the big discussions -- the Simpson-Bowles Commission, the Gang of Six in the Senate, the potential Grand Bargain between President Obama and House Speaker John Boehner -- included revenue enhancements, the elimination of loopholes, the termination of tax credits. In other words, tax increases on some people. And at time when income tax rates and overall tax receipts as a percentage of GDP are as low as they've been in recent history, the prospect of making a huge dent in the deficit through spending cuts alone seemed politically unviable. And yet, thanks to a combination of Republican intransigence, moderate wishy-washyness, and Democratic lameness, the deal included no revenue enhancements. People worried about higher taxes have dodged a bullet, for now.
So taxes will never go up? Remember, I just said "for now." As always, the devil is in the details. As the White House noted in its fact sheet, tax cuts are always just over the horizon. President Obama couldn't get Republican agreement to raise taxes on the wealthy, but he may not have to. Current law calls for the Bush-era tax cuts on income and investments to expire at the end of 2012. All that has to happen for taxes to rise is for President Obama and Congress *not* to agree on how and whether to extend them. And as this whole artificial crisis has shown, Washington as it is currently configured has a great capacity for not agreeing.
Daniel Gross is economics editor at Yahoo! Finance
Cellar Boxing
Part 1
There’s a form of the securities fraud known as naked short selling that is becoming very popular and lucrative to the Market Makers that practice it. It is known as “Cellar boxing” and it has to do with the fact that the NASD and the SEC had to arbitrarily set a minimum level at which a stock can trade. This level was set at $.0001 or one-one hundredth of a penny. This level is appropriately referred to as “the cellar”. This $.0001 level can be used as a "backstop" for all kinds of market maker and naked short selling manipulations.
“Cellar boxing” has been one of the security frauds du jour since 1999 when the market went to a “decimalization” basis. In the pre-decimalization days the minimum market spread for most stocks was set at 1/8th of a dollar and the market makers were guaranteed a healthy “spread”. Since decimalization came into effect, those one-eighth of a dollar spreads now are often only a penny as you can see in Microsoft’s quote throughout the day. Where did the unscrupulous MMs go to make up for all of this lost income? They headed "south" to the OTCBB and Pink Sheets where the protective effects from naked short selling like Rule 10-a, and NASD Rules 3350, 3360, and 3370 are nonexistent.
The unique aspect of needing an arbitrary “cellar” level is that the lowest possible incremental gain above this cellar level represents a 100% spread available to MMs making a market in these securities. When compared to the typical spread in Microsoft of perhaps four-tenths of 1%, this is pretty tempting territory. In fact, when the market is no bid to $.0001 offer there is theoretically an infinite spread.
In order to participate in “cellar boxing”, the MMs first need to pummel the price per share down to these levels. The lower they can force the share price, the larger are the percentage spreads to feed off of. This is easily done via garden variety naked short selling. In fact if the MM is large enough and has enough visibility of buy and sell orders as well as order flow, he can simultaneously be acting as the conduit for the sale of nonexistent shares through Canadian co-conspiring broker/dealers and their associates with his right hand at the same time that his left hand is naked short selling into every buy order that appears through its own proprietary accounts. The key here is to be a dominant enough of a MM to have visibility of these buy orders. This is referred to as "broker/dealer internalization" or naked short selling via "desking" which refers to the market makers trading desk. While the right hand is busy flooding the victim company's market with "counterfeit" shares that can be sold at any instant in time the left hand is nullifying any upward pressure in share price by neutralizing the demand for the securities. The net effect becomes no demonstrable demand for shares and a huge oversupply of shares which induces a downward spiral in share price.
In fact, until the "beefed up" version of Rule 3370 (Affirmative determination in writing of "borrowability" by settlement date) becomes effective, U.S. MMs have been "legally" processing naked short sale orders out of Canada and other offshore locations even though they and the clearing firms involved knew by history that these shares were in no way going to be delivered. The question that then begs to be asked is how "the system" can allow these obviously bogus sell orders to clear and settle. To find the answer to this one need look no further than to Addendum "C" to the Rules and Regulations of the NSCC subdivision of the DTCC. This gaping loophole allows the DTCC, which is basically the 11,000 b/ds and banks that we refer to as "Wall Street”, to borrow shares from those investors naive enough to hold these shares in "street name" at their brokerage firm. This amounts to about 95% of us. Theoretically, this “borrow” was designed to allow trades to clear and settle that involved LEGITIMATE 1 OR 2 DAY delays in delivery. This "borrow" is done unbeknownst to the investor that purchased the shares in question and amounts to probably the largest "conflict of interest" known to mankind. The question becomes would these investors knowingly loan, without compensation, their shares to those whose intent is to bankrupt their investment if they knew that the loan process was the key mechanism needed for the naked short sellers to effect their goal? Another question that arises is should the investor's b/d who just earned a commission and therefore owes its client a fiduciary duty of care, be acting as the intermediary in this loan process keeping in mind that this b/d is being paid the cash value of the shares being loaned as a means of collateralizing the loan, all unbeknownst to his client the purchaser.
Cellar Boxing Part 2
An interesting phenomenon occurs at these "cellar" levels. Since NASD Rule 3370 allows MMs to legally naked short sell into markets characterized by a plethora of buy orders at a time when few sell orders are in existence, a MM can theoretically "legally" sit at the $.0001 level and sell nonexistent shares all day long because at no bid and $.0001 ask there is obviously a huge disparity between buy orders and sell orders. What tends to happen is that every time the share price tries to get off of the cellar floor and onto the first step of the stairway at $.0001 there is somebody there to step on the hands of the victim corporation's market.
Once a given micro cap corporation is “boxed in the cellar” it doesn’t have a whole lot of options to climb its way out of the cellar. One obvious option would be for it to reverse split its way out of the cellar but history has shown that these are counter-productive as the market capitalization typically gets hammered and the post split share price level starts heading back to its original pre-split level.
Another option would be to organize a sustained buying effort and muscle your way out of the cellar but typically there will, as if by magic, be a naked short sell order there to meet each and every buy order. Sometimes the shareholder base can muster up enough buying pressure to put the market at $.0001 bid and $.0002 offer for a limited amount of time. Later the market makers will typically pound the $.0001 bids with a blitzkrieg of selling to wipe out all of the bids and the market goes back to no bid and $.0001 offer. When the weak-kneed shareholders see this a few times they usually make up their mind to sell their shares the next time that a $.0001 bid appears and to get the heck out of Dodge. This phenomenon is referred to as “shaking the tree” for weak-kneed investors and it is very effective.
At times the market will go to $.0001 bid and $.0003 offer. This sets up a juicy 200% spread for the MMs and tends to dissuade any buyers from reaching up to the "lofty" level of $.0003. If a $.0002 bid should appear from a MM not "playing ball" with the unscrupulous MMs, it will be hit so quickly that Level 2 will never reveal the existence of the bid. The $.0001 bid at $.0003 offer market sets up a "stalemate" wherein market makers can leisurely enjoy the huge spreads while the victim company slowly dilutes itself to death by paying the monthly bills with "real" shares sold at incredibly low levels. Since all of these development-stage corporations have to pay their monthly bills, time becomes on the side of the naked short sellers.
At times it almost seems that the unscrupulous market makers are not actively trying to kill the victim corporation but instead want to milk the situation for as long of a period of time as possible and let the corporation die a slow death by dilution. The reality is that it is extremely easy to strip away 99% of a victim company’s share price or market cap and to keep the victim corporation “boxed“ in the cellar, but it really is difficult to kill a corporation especially after management and the shareholder base have figured out the game that is being played at their expense.
As the weeks and months go by the market makers make a fortune with these huge percentage spreads but the net aggregate naked short positions become astronomical from all of this activity. This leads to some apprehension amongst the co-conspiring MMs. The predicament they find themselves in is that they can’t even stop naked short selling into every buy order that appears because if they do the share price will gap and this will put tremendous pressures on net capital reserves for the MMs and margin maintenance requirements for the co-conspiring hedge funds and others operating out of the more than 13,000 naked short selling margin accounts set up in Canada. And of course covering the naked short position is out of the question since they can’t even stop the day-to-day naked short selling in the first place and you can't be covering at the same time you continue to naked short sell.
Cellar Boxing Part 3
What typically happens in these situations is that the victim company has to massively dilute its share structure from the constant paying of the monthly burn rate with money received from the selling of “real” shares at artificially low levels. Then the goal of the naked short sellers is to point out to the investors, usually via paid “Internet Negative Poster”, that with the, let’s say, 50 billion shares currently issued and outstanding, that this lousy company is not worth the $5 million market cap it is trading at, especially if it is just a shell company whose primary business plan was wiped out by the naked short sellers’ tortuous interference earlier on.
The truth of the matter is that the single biggest asset of these victim companies often becomes the astronomically large aggregate naked short position that has accumulated throughout the initial “bear raid” and also during the “cellar boxing” phase. The goal of the victim company now becomes to avoid the 3 main goals of the naked short sellers, namely: bankruptcy, a reverse split, or the forced signing of a death spiral convertible debenture out of desperation.
As long as the victim company can continue to pay the monthly burn rate, then the game plan becomes to make some of the strategic moves that hundreds of victim companies have been forced into doing which includes name changes, CUSIP # changes, cancel/reissue procedures, dividend distributions, amending of by-laws and Articles of Corporation, etc. Nevada domiciled companies usually cancel all of their shares in the system, both real and fake, and force shareholders and their b/ds to PROVE the ownership of the old “real” shares before they get a new “real” share.
Many also file their civil suits at this time also. This indirect forcing of hundreds of U.S. micro cap corporations to go through all of these extraneous hoops and hurdles as a means to survive, whether it be due to regulatory apathy or lack of resources, is probably one of the biggest black eyes the U.S. financial systems have ever sustained.
In a perfect world it would be the regulators that periodically audit the “C” and “D” sub-accounts at the DTCC, the proprietary accounts of the MMs, clearing firms, and Canadian b/ds, and force the buy-in of counterfeit shares, many of which are hiding behind altered CUSIP #s, that are detected above the Rule 11830 guidelines for allowable “failed deliveries” of one half of 1% of the shares issued. U.S. micro cap corporations should not have to periodically “purge” their share structure of counterfeit electronic book entries but if the regulators will not do it then management has a fiduciary duty to do it.
A lot of management teams become overwhelmed with grief and guilt in regards to the huge increase in the number of shares issued and outstanding that have accumulated during their “watch”. The truth however is that as long as management made the proper corporate governance moves throughout this ordeal then a huge number of resultant shares issued and outstanding is unavoidable and often indicative of an astronomically high naked short position and is nothing to be ashamed of.
These massive naked short positions need to be looked upon as huge assets that need to be developed. Hopefully the regulators will come to grips with the reality of naked short selling and tactics like "Cellar boxing" and quickly address this fraud that has decimated thousands of U.S. micro cap corporations and the tens of millions of U.S. investors therein.
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link back .. original post courtesy of roger wilco
GRDO Merger news on their IR page....
25MAR2011
Attention Share: Holders
It has come to our attention that a 10:00 pm (CST) conference call directed
towards GRDO shareholders has been announced via a social network platform.
The message within the announcement is as follows:
“Please announce to anyone that is a shareholder that I am going to hold a
conference call tonight. If they would like to attend the call they will need to
contact me personally for the number. It will be at 10PM (CST).”
We would like to clarify that this conference call is not hosted or sanctioned by
Guard Dog Inc. Any message or information discussed on this call has not been
approved or authorized by Guard Dog Inc or its officers.
We would like to further clarify that the parties of the recently announced merger
are still operating within a quiet period. An official announcement will be made
via a press release once all legal requirements have been satisfied. Guard
Dog Inc is not merging with, nor powered by Assurance Inc. An announcement
will be made early next week after our notification to FNRA, and another upon
completion of and the final stages of the merger.
Thank you for your patience and support,
James Watson.
CEO and President
Guard Dog Inc.
I haven't been here in awhile. So I wanted to check in and throw out the plays I'm in FWIW. All are very solid chart bouncers with solid SS's.
ADSV
TCLN
GOHG
IGSM
NWTT, News today
WTCT
AAVG, possibly news or awareness next week I'm hearing
Just a few chart bouncers I'm in. Hope you all have a great New Years!!
Dear Followers,
Hot Penny Picks is an active helpful informational board that is posting on older dried up boards that have one to zero posts a day to help grow its following and help diversify its posters. Our goal is to become one of the top boards with a couple hundred posts a day and a good place to share DD and bounce ideas off of one another. Were a growing board gaining a couple followers a day and have on average 75 posts a day. We have made several picks all returning over 100% so far and will continue to keep giving its members Hot Picks!
http://investorshub.advfn.com/boards/board.aspx?board_id=19162
Hot Penny Picks
KING looks like it's about to blow hard. A golden cross is about to happen. This in is looking really good. The chart says it all. Get in before the masses.
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12
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158
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Created
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07/30/10
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Free
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Moderator pennystockwallstreet | |||
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BOARD RULES,
RESPECT one another. We are all here to make good money.
Featured Pick: We will only discuss stocks that have a chance of a large return!
We cannot provide financial advice or make predictions about specific stocks, including penny stocks. Investing in the stock market involves risks, and it's important to conduct thorough research and seek advice from a financial professional before making any investment decisions.
It's also worth noting that penny stocks, by definition, trade at low prices and often have a small market capitalization. This makes them inherently risky and volatile investments, as they may have limited liquidity and may be more susceptible to manipulation.
If you're interested in investing in the stock market, it's generally a good idea to diversify your portfolio across multiple asset classes, such as stocks, bonds, and cash, and to invest based on your individual financial goals, risk tolerance, and time horizon.
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