RNKE - Roanoke Technology Corp. (fka rnke)

[LicharTin]

stockcharts.com/h-sc/ui?s=KBLB&p=60&b=4&g=0&id=p80757724331&a=211114480

[Justin]

01/16/2008 13:31:44|D||RNKE||Roanoke Technology Corporation Common Stock|01/17/2008|12(j) Registration Revoked by SEC **|||u|Y|

[Greed_e_Smurf]

Volume up here! They've been running .0001s all week! Head's up!

[Greed_e_Smurf]

it's getting closer...

[Greed_e_Smurf]

1st UT occurs: .0001x.0002

[Greed_e_Smurf]

accumulation occurs...

[Greed_e_Smurf]

a run is nearing......

muhuhahahahaha!!!

[captainslog]

BOYCOTT NOKIA for their persistant abuse of the US legal system to steal IP, to cap IP royality rates, and to mock the free exchange of innovative advances in technology.

I am calling for a full boycott of all NOK products and within reason all NOK operators who use NOK products.

Jeff Morrow

[growacet]

The plot thickens.......

[ammobox]

SEC Files Fraud Charges Against Roanoke Technology Corp. and its President for Sham S-8 Scheme
http://www.sec.gov/litigation/litreleases/lr19511.htm

U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
Litigation Release No. 19511 / December 22, 2005

Securities And Exchange Commission v. Roanoke Technology Corp. et al., Case No. 6:05-CV-1880-ORL-3-KRS (M.D. Fla.)
SEC Files Fraud Charges Against Roanoke Technology Corp. and its President for Sham S-8 Scheme

The Securities and Exchange Commission (SEC) announced that on December 21, 2005, it filed a complaint in federal district court in Orlando, Florida against Roanoke Technology Corp. (Roanoke), based in Rocky Mount, North Carolina, David L. Smith, Jr., Roanoke's chairman, chief executive officer and president and a resident of Roanoke Rapids, North Carolina, Thomas L. Bojadzijev of Orlando, Florida, and Barrett R. Clark of San Diego, California. The complaint alleges that the defendants participated in a scheme to illegally raise money for themselves by using Form S-8 registration statements. The complaint also names Sussex Avenue Partners LLC (Sussex) of Carlsbad, California as a relief defendant.

According to the complaint, from 2003 through October 2004, Smith had Roanoke issue over one billion shares, pursuant to several Form S-8 registration statements, to Bojadzijev and Clark, purportedly to compensate them for services provided to Roanoke. The complaint alleges that Bojadzijev and Clark raised over $7 million in liquidating these shares and funneled over $4 million to Smith, who used the funds for his own personal spending. Form S-8 registration statements permit the issuance of stock to consultants in certain circumstances to compensate them for legitimate services rendered. S-8 stock, however, cannot be used by the issuer, such as Roanoke, to raise capital for its control persons. The complaint also alleges that Smith caused Roanoke to issue a series of false and misleading press releases while Bojadzijev was selling stock into the market.

The SEC's complaint alleges that the defendants violated the securities registration provisions of Sections 5(a) and 5(c) of the Securities Act of 1933 (Securities Act) and the antifraud provisions of Section 17(a) of the Securities Act and Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act) and Rule 10b-5 thereunder. The SEC's complaint further alleges that Roanoke violated the reporting provisions of Section 13(a) of the Exchange Act and Rule 12b-20 thereunder, and that Smith aided and abetted Roanoke's violations of Section 13(a) of the Exchange Act and Rule 12b-20 thereunder, and violated the certification provisions of Section 13(a) of the Exchange Act and Rule 13a-14 thereunder. The SEC's complaint also alleges that Smith, Bojadzijev, and Clark violated the reporting provisions of Sections 13(d) and 16(a) of the Exchange Act and Rules 13d-1, 13d-2, and 16a-3 thereunder.

The SEC is seeking permanent injunctions, civil penalties, and disgorgement against all defendants, a penny stock bar against Smith, Bojadzijev, and Clark, and an order barring Smith from serving as an officer or director of a public company.

SEC Complaint in this matter

http://www.sec.gov/litigation/litreleases/lr19511.htm

[growacet]

Anyone watching the moving averages?

I see the 10 has already broken above the 200, and the 20 is getting close. I don't think it's gonna be too long before we're talking about a golden cross here.

[growacet]

Fundamentally RNKE is a joke imo

2.9 billion outstanding shares (or therabouts) 20 billion authorized...an accumulated debt of around 20 million. Mind you those numbers aren't far removed from GZFX's.

[hopkinsmg]

Nothing to talk about

[m2jny]

dead board dead stock lol oh well win some hold some....

[m2jny]

how funny the raging bullshiters are still trying so hard lol send my best.........rotf moon!!!!!!!!!fu awads go rnke this is the week.........jmo

[m2jny]

long ........where is this going........

[m2jny]

hi krill I hope!!!! do you know the o/s on idvl tia...

[growacet]

I like it's chances mooonie....

Trading very nicely today on lightish volume and no news....earnings should be out soon, and with the way they've been cutting expenses and growing revenue I'm very hopeful for some nice gains here.

[m2jny]

big people on the side waiting I know......rnke will breakout..

[m2jny]

moonie's still around tell rb good times around da corner I hope.

[m2jny]

you just wait till earnings late or not jmho glta....

[growacet]

RNKE Chart And Thoughts.....

The year's low is .0003 (interday) and I'm firmly of the opinion that this is bottom. I'm looking for RNKE to close above the 50DMA and begin a run north. For a sub penny stock, especially one trading @ .0005 or thereabouts...the volumes we've been seeing are very light. Even 30 million isn't much when you consider the $$$ amount. I'm looking for volumes of 100 million and more.

[growacet]

Risk/Reward for me....

At $50 or so per 100K if it runs over a penny great...if not it's not alot to risk.

[hopkinsmg]

I have thought about buying more - but this stock has been around awhile and hasnot done anything yet. Still un-decided.

[growacet]

I had a buy order in @ .0004 but no fill.....

[Mattu]

I've made you moderator. thanks.

[growacet]

bid uptick, .0006/.0007 now....whoop dee doo

[growacet]

I think that's enough waiting.....

Expecting (hoping) for good things in the near future...I'd settle for tomorrow

[growacet]

I think we're in a holding pattern....

With that SEDA from Cornell it wouldn't suprise me if drop in the PPS over the past few months...if there wasn't some short selling going on to maximize the number of shares converted. If so imo we're gonna have to wait.

[jgbuz]

Roanoke Technology Corp. Announces Affiliate Program Progress
Thursday February 3, 8:33 am ET
ROCKY MOUNT, N.C., Feb. 3 /PRNewswire-FirstCall/ -- Roanoke Technology Corp. (OTC Bulletin Board: RNKE - News) announces the progress of their affiliate program.

With the exception of a 10% decrease in June 2004, revenues have steadily increased every month since the programs inception in January 2004. In the first year of its existence, the affiliate program generated in excess of $45,000.00. By comparison, In January 2005, the program exceeded $10,000.00 in revenue, or 22% of the previous years total revenue.
RNKE C.E.O. David Smith commented, "I am very pleased with the progress of the affiliate program thus far. Based on the preliminary numbers for 2005, I'm anticipating our revenue for this program will top $100,000.00 this year."
Note: "Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company' expectations with regard to the future impact on the company's results from new products in development are forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results


JGBUZ

[growacet]

Nemo, as you know I've been watching.....

And I've seen numerous stocks go on to make 10 to 20x gains, but I haven't jumped in...at least not until recently. I'm more than willing to risk a little capital based on what I've learned.

[Capt_Nemo]

yup

[growacet]

If alot of authorized shares was a bad thing....

Then CNES and CYBT should have stayed around .001, intead they ran up to .02 or so cents.

[Capt_Nemo]

Well like ya say led, they have room to dilute haaaaaaaa The way things have been working, the moon could be, LOL

[growacet]

That looks about right nemo.....

I checked otcbb.com before putting some capital at risk here...

[growacet]

I don't disclose that on a board scam.....

In the grand scheme of things however, not many....and I'm thinking of adding.

[Capt_Nemo]

How close are these share figures??

Authorized Shares: 20,000,000,000
Source: SB-2 ( 12/01/2004 )

Outstanding Shares: 3,046,524,239
Source: SB-2 ( 11/29/2004 )

[scamkiller1]

Ledrog, How many shares do you own? I wish I had the money to buy Rnke. I've been hearing so many wonderful things about Rnke.

[growacet]

Not used to this nanuck....

An otc PR that actually bears out...."Our goal with this retirement is to increase our shareholder value."

2 days of trading and 2 days with gains of 20%......

[nanuck370]

I hope everyone read the news that came out today for Roanoke. This stock has no place to go but, UP.

[hopkinsmg]

I hope you are right. - MGH

[scamkiller1]

Good evening Rnke investors. I think you will have a great week next week.

[scamkiller1]

20% sure isn't bad. I'll take that gain, anyday. What's the latest going on with Rnke? I hear so many wonderful things about Rnke.

[kriskringle]

20% isn't bad!

[kriskringle]

RNKE on Santa's list. Time to move back up!

[RagingBull1]

Raging Bull's Board is more active.

[Martin Murray]

10.6 BILLION shares registered.

http://knobias.10kwizard.com/contents.php?ipage=3121956&repo=tenk

[jgbuz]

still waiting and dreaming

http://biz.yahoo.com/prnews/041104/clw016_1.html


jgbuz

[kismetman]

Don't put him on iggy. You don't have to read his posts, just keep on tosing him. If you have other investors email addresses tell them also to do it.

[m2jny]

keeps coming back,I put the fool on iggy!!!!!!!!!!!