Ronson Corporation (fka RONCQ)

[exisnet]

Strong 900K bid support... something up?

[madaznfootballer]

Sorry guys, its not happening...I'm taking whatever chump change I got left and using it to buy myself a half a chicken dinner...good luck to all

[jmule]

Can you please supply a link supporting that info. Shares still changed hands as of 933am on 10/26.

[jokerwild477]

another battle lost....win some lose some ,,,I'll move on to the next war to fight the next battle hopefully with diffrent outcome

[LicharTin]

Item 1.03 BANKRUPTCY OR RECEIVERSHIP

On October 25, 2011 , the Company's Liquidating First Amended Joint Plan referred to below became effective. The outstanding shares of the Company are cancelled on the effective date and equity holders of the Company, RAL and RCPC will receive no distribution under the Joint Plan for their equity interests.

[jokerwild477]

ok...lets go

[jokerwild477]

WELL

[jokerwild477]

HELLOOOOOOOOOOOOOOOOOOOOOOOO

[jokerwild477]

we still standing to fight another day

[jokerwild477]

So if anyone is waiting on my shares ..pay me .25 cents and you can have them....or cancel them....

[jokerwild477]

??????DONT KNOW BUT STILL HOLDING...IF THIS BOAT TAKES OFF IM ON IT....IF IT SINKS IM GOING DOWN WITH IT...

[I Love Fried Chix]

Interesting...not sure what's going on.

[mrpickem]

Not sure what's going on here I just put a sell order in at .0125 for 35,000+ shares and it filled before showing up on level 2, any thoughts??

[I Love Fried Chix]

I thought they did, still not a buying opportunity here?

[Chiron]

The SEC will turn out the lights here soon enough

[jokerwild477]

I guess the last one out turn off the lights....Looks like me....

[madaznfootballer]

0.0150s up...at this point yeah I'd wait it out...all or nothing...I'm down really big too...might as well just see what happens...

[Red_Wolf]

Okay, true. It was fun for the two days I was in. I don't even remember what my percentage loss was, but it was ugly.

Let's all see some green today elsewhere. Good luck trading.

Peace

[mike523]

it was NOT fun lol

[Red_Wolf]

Hey Mike, I think the other possible reason is that not too many people know anything. It all comes down to what "soon" means in terms of cancelling the shares. I bet a lot of people don't even know the shares are being cancelled and will be in for a surprise.

Hopefully for some of the people still holding shares here there can be some movement and they can sell at a decent price before trading stops. I've already taken my loss.

It was fun while it lasted.

[mike523]

yeah i'm in the exact same position :)

[jokerwild477]

yea.seeing that...I could sell at .0055 and lose 50% BUT i THINK i'll wait it out cause this is a Q and anything can happen...all or nothing

[mike523]

People are adding more sells up in the 2-3 cent range still, interesting.

[mike523]

Well somebody either knows something or everyone is just too darn stubborn to sell at that price.

[jokerwild477]

??????just maybe?????

[mike523]

Wonder why nobody has taken the 100k bait at .0055

[Chiron]

Current Trading Halts:

http://www.otcbb.com/dynamic/marketwatch/mwsubhome.stm

Watch this site, when RONCQ hits its over

[mike523]

lol that 100k bid at 0055 is back

[mike523]

Don't you see the MMs put up big asks like that in most stocks?

[hwllo]

u never know in penny land anytin can happen VRMLQ went from .01 to 20$ did anyone Know no i am still holding onto mine i think big move commin why was L2 stacked up at 1$ and 10$ yesterday mm knows sometin

[Strong99]

There is no company...that is the point.

[mike523]

I wonder what that 100k on the ask all afternoon is about...

[Chiron]

LOL, yeah. Power right down to .0001. Nice $500 tax loss write off for me

[mike523]

Power Hour!!!



LMAO

[Chiron]

Probably next week.

[mike523]

So what does it mean for this company if they do indeed end up cancelling shares? What is the purpose of doing so?

[Red_Wolf]

From here on out, it's all a roll of the dice trying to guess when the stock stops trading.

[mike523]

its not good.

[madaznfootballer]

what's your average PPS

[mike523]

Still some nice hits at 0.01 and nice 100k bid support and of course still a VERY thin ask

[mike523]

I need it. Bad.

[madaznfootballer]

Dead Cat Bounce will come..guys don't sell

[Strong99]

You should remove those stickies and replace them with the truth which is the shares here are worthless. I see you removed yourself as moderator already.

[madaznfootballer]

there should be at least one more bounce which will take it past 1 cent either EOD or tomorrow...then its probably going to be a dead dog after that...

[mike523]

some nice bid support now

[madaznfootballer]

-81%, just hold off on the selling it will go a little bit higher first...the massive sell off isn't on yet

[mike523]

There's no dumping on the ask thats for sure.

[Red_Wolf]

Once the shares are cancelled, the stock will stop trading. As always, I have to add a disclaimer stating not to take my word for it or make any decisions based on my statement. After all, I could be wrong.

I recommend those with questions call Gerald directly.

[Chiron]

Yep

[Chiron]

Bad news. Get out while you can I guess. Win some lose some!