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Can't wait to hear about the S-1 and the missing shares.
Far as I know, there aren't any missing shares. My info is that a single person bought the entire offering, and then dumped it. Probably he was the one who paid StockTips.
So what are you saying? That the MMs all pulled bid and ask at 9 a.m.?
If by a few minutes you mean at least .5H
The trading would have worked itself out over time. Whoever has the stock has just got their money hung or perhaps gone because of the SEC.
The SEC is concerned about fraud. Part of its brief is to stop it. That's what they did. Everyone trading it knew about the S-1, the promo, and what happened next. Holding overnight was very foolish.
This one was pretty much sure to be suspended.
I beg your pardon? Seems brokers may have known a few minutes before the suspension was announced. That's all.
Now just watch what happens.
I hope you were watching, too.
I just don't see the point of halting trading now. I would have seen the point on the front end of all the madness, but I don't see the point now. It's like boarding up your windows AFTER the hurricane blows through.
Hopefully he sold enough shares :P
Was such a bad company to go with in the first place..
I wonder if there will be any more emails from Statler this week? Having a two week suspension on your stock pick has got to be pretty rough on stock picks reputation and business going forward I would think
Lol from this morning premarket.
Again, "Remember the 2.00..." I believe you should keep that number very close in your minds eye... As PGFY seems poised to pop and I would not be surprised to see it run to 2.00 starting today!
I think this is the last time we see PGFY at these levels.
Everyone is now talking about PGFY's potential breakout...
next stocktips play will be suspended even sooner lol, that is if there IS another play
I did good with this one..I had a nice double and sold only half of my shares but Janice was warning for last few days and I took the advise and sold rest @.754...Again, thx
That's exactly what I mean. People saying blame game, but I agree, if the SEC was in it to protect people they could could have called an emergency cease of trade when it was free falling, but no, they let it go and the stock started coming back around giving people opportunity to make back some if not all their losses back. Not to mention the whiplash erratic trading was smoothing out to be modest green days and modest red days. SEC didn't solve any problems here. The market has a way of creating and resolving its own problems. Sometimes it may sting a little but its a hell of a lot more of a fair deal than shutting it down and leaving people holding the bag, but what are you going to do. That's how it is. Personally I'd rather get screwed by regular citizens than screwed by a government agency.
Boo hoo. Every investor had a chance to sell
SEC should have halted it when the CEO resigned; but what did they do, waited for to drop to 0.2 and then rode it to 0.88... BTW that is what I did; got me 230,000 shares at 0.23 and rode to 0.81 average... Was it luck?? I guess so...
You wonder why the SEC didn't come in when money runners lost their money in one day... looks like the SEC always try to squeeze it before suspending... I mean the stock dropped 61% in a day and the recovered that loss in two days... F U SEC; just when some traders were getting confident and buying it, they suspend making them lose even more money..
SEC does what is good for SEC..
I had prior knowledge of PGFY halt.......and so did you. On May 6th 2 Canadian regulators issued warnings to PGFY regarding their filings. Anytime Canada makes a comment about a p&d it's never good, but it does give you a heads up to sell or short. If that wasn't enough warning for you, the CFO quits and says FINRA and the SEC should investigate. How often does that happen? Can't wait to hear about the S-1 and the missing shares. Gray, meet Gray sheets.
about time they halted this pos
For those who traded well, this returned big!!!PGFY made me 133K...
Here comes the blame game. Shareholders here have been blue sheeted by FINRA, how does that feel? How do shareholders participating in fraud feel to know that their names, addresses, phone numbers, and TID/SS numbers are sitting on an investigators desk at the SEC and potentially the FBI?
How does it feel?
"I think if they want to protect investors they should keep an eye on stocks and issue press releases to warn people"
Like these warnings, you mean?
https://www.sec.gov/spotlight/microcap-fraud.shtml
http://www.sec.gov/investor/pubs/microcapstock.htm
Besides, when SEC finds evidence of criminality, it would be absurd not to expect them to take the firmest action they can. The US financial system needs to be protected against economic terrorists like those running and promoting PGFY.
Suspension are always before the open usually at 9 AM.
And Janice would certainly be aware of when the SEC issues the trading suspensions.
With the SEC having StockTips in their crosshairs much like they did with APS - most everyone that follows promoted stocks knew a suspension was going to happen.
On 05/09/2014 Janice wrote on the DD board:
We might want to change the following to:
Marketcap: Zero
"just getting started" hey freddy, the SEC, like Janice pointed out,is moving much quicker in suspending these promos--holding overnight is getting riskier every day with these things
And FINRA popped "blue sheets" on all this stocks promotional trading. One might want to get some Zofran as names and TIDs numbers are now on the desk of the SEC Enforcement counselor reviewing all the activity.
Now all that is left is for all the Ping Ify criminals to go to jail
Pingify International, Inc. ("PGFY") SUSPENDED
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 72162 / May 14, 2014
The Securities and Exchange Commission (“Commission”) announced the temporary
suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange
Act"), of trading in the securities of Pingify International, Inc. ("PGFY"), of Edmonton, Alberta,
Canada at 9:30 a.m. EDT on May 14, 2014, and terminating at 11:59 p.m. EDT on May 28, 2014.
The Commission temporarily suspended trading in the securities of PGFY because of concerns
regarding potential manipulative activity in Pingify’s common stock that appears to be related
to a promotional campaign currently being conducted through various Internet web sites. This
order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange
Act).
The Commission cautions broker-dealers, shareholders, and prospective purchasers that they
should carefully consider the foregoing information along with all other currently available
information and any information subsequently issued by the company.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under
the Exchange Act, at the termination of the trading suspension, no quotation may be entered
unless and until they have strictly complied with all of the provisions of the rule. If any broker or
dealer has any questions as to whether or not he has complied with the rule, he should not
enter any quotation but immediately contact the staff in the Division of Trading and Markets,
Office of Interpretation and Guidance, at (202) 551-5777. If any broker or dealer is uncertain as
to what is required by Rule 15c2-11, he should refrain from entering quotations relating to
PGFY’s securities until such time as he has familiarized himself with the rule and is certain that
all of its provisions have been met. If any broker or dealer enters any quotation which is in
violation of the rule, the Commission will consider the need for prompt enforcement action.
The Commission acknowledges the substantial assistance of FINRA in this matter. The Alberta
Securities Commission and the British Columbia Securities Commission have both issued cease
trade orders concerning PGFY’s securities.
If any broker-dealer or other person has any information which may relate to this matter, they
should immediately contact the following individuals:
Sanjay Wadhwa, (212) 336-0181 or wadhwas@sec.gov
Associate Regional Director, New York Regional Office
Charles Riely, (212) 336-0535 or rielyc@sec.gov
Assistant Regional Director, New York Regional Office
PIG n fried.......wow never hold any OTCBB stock overnight
SEC is supposed to protect investors, but in my opinion they just screwed them. The trading would have worked itself out over time. Whoever has the stock has just got their money hung or perhaps gone because of the SEC. I think if they want to protect investors they should keep an eye on stocks and issue press releases to warn people and let people make their on decisions. This way hurts more than it helps in my opinion.
I warned you all on Friday this was coming.
Brokers were starting to get the word of no purchases. Now its halted. Greys next if not just gone.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101764464
Uh Oh!. Just got word from brokerage firm that they are to prepare to not allow purchase of this stock. I wonder how long before you can only sell, without the offset of purchases? Looks like thats started some panic lifts to try and offload quite a bid.
WRONG, it's all about the SEC It was only a matter of time before the PGFY halt happened ,WAS ALWAYS WHEN AND NOT IF "
WELCOME TO THE SEC SHUTTING DOWN APS/STOCKTIPS
PGFY was risky enough, never mind the stocktips P&D ,this one ended like many of their tickers will end.
Gotta love the FAMOUS last words
hahaha your money is gone, warned ya
PGFY SEC Suspension :
http://www.sec.gov/litigation/suspensions/2014/34-72162.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-72162-o.pdf
Now my short position will patiently wait 10 days for the payoff.
Uuuh oooh! Glad I left this stinker alone!!
It has OTC written all over it. Now just watch what happens.
CEASE TRADE ORDER, From what I understand J Craig needs to file the financial reports, any Idea how long this can take,
I cant trade my shares.
http://www.otcmarkets.com/stock/PGFY/news
Alberta Securities Commission - Cease Trade Order
May 06, 2014
OTC Disclosure & News Service
Edmonton, ALB, Canada -
ALBERTA SECURITIES COMMISSION
CEASE TRADE ORDER
Citation: Re Pingify International Inc., 2014 ABASC 174 Date: 20140506
Pingify International Inc.
Background
1. Pingify International Inc. (the Issuer) is a reporting issuer under the Securities Act
(Alberta) (the Act) and has failed to file the following periodic disclosure pursuant to
section 146 of the Act:
(a) annual audited financial statements, annual management's discussion and
analysis, certification of annual filings, and an annual information form for the
year ended 31 January 2014.
Decision
2. Under section 33.1 of the Act, it is ordered that trading or purchasing cease in respect of
any security of the Issuer until this order has been revoked or varied.
6 May 2014
?original signed by?
Tom Graham, CA
Director, Corporate Finance
Janice I made over 21k on this promo. Statler delivered as far as I'm concerned and YES I know he's an actor <yawn> but he's also the King of all Promo's :)
Actually, it has "fraud" written all over it.
Volume does go down each day on any promo, and then up on the breakout. Look at any of the past stocktips promos.
Stocktips pumps last 3 weeks, and the pump only started less than a week ago technically, since they loaded at .2-.3 range after it went down. It's not nearly over. Just getting started. This is right in line with all their other ones. This one has SNPK style written all over it.
How can you say it is over on a green day? Lol
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Created
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Moderators |
Market Value1 | $50,100,000 | a/o Apr 14, 2014 |
Shares Outstanding | 50,100,000 | a/o Sep 16, 2013 |
Float | Not Available | |
Authorized Shares | 75,000,000 | a/o Oct 31, 2012 |
Par Value | 0.001 |
Shareholders of Record | Not Available |
Ex. Date | Record Date | Pay Date |
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Short Interest | (%) |
Significant Failures to Deliver | No |
Holladay Stock Transfer |
Pingify International, Inc. has developed a unique communication system that allows the user to control the flow of information from any website by “requesting” only useful and relevant data. This is done by the Company’s primary development - The Personal Internet Notification Gateway (“PING”). The PING gateway is a system designed specifically to deliver relevant information in real-time to the user. All of this is done from one single application. Pingify is the first mobile application built by Pingify International Inc to take advantage of this Gateway. Our goal is to provide a simple notification tool that puts you in control of what you receive. Thank you for choosing Pingify as your Personal Notification Application.
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