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sorry. but EOR already got a red flag from DD support board and fraud research team.
it is not right to PUMP the SCAM stock. of course i know that you don't want to loose your money but at least you should bring correct DD
you can't pump the stock so you can GET-OUT
by the way you said it "just picked up 500,000 shares at .055 and "it does need to be promoted"?? that is WRONG. if any one check the EOR they have no volumm friday they had 6000 shares traded
Sh1468, is NOT a scam. EOR trades on dual exchanges. It trades on the TSX-Venture Exchange and the OTCQX Exchange. You seem to have an issue with the US OTCQX Exchange
Just as Air France, Adidias, Allianz all multi national corporations, EOR is also listed on the Premier Exchange. I can list more international companies but these 3 were good examples on the first page.
When you look at EOR (actually reviewing the financials) you will discover they do have $6.9 million in cash, no debt and millions in revenues. And as reported they reported $228,000 EBITDA.
this EOR is trading on where? oh yes OTCQX. it already got a red flag from research fraud team in IHUB
this is a joke no columm and it is not even good for a flippers
how to make money in EOR? short the hack out it will NEVER recover cause no one is buying
Actually no, why are you trying so hard to pump? This is a scam no money to be made get out while you can.
This eor belongs in scam play
Here is the problem with this asinine statement, "They blowed 7 million in 3 month and there is no update about pipeline being built.
They cannot last longer without a dilution or insider dump "
They made $228,000 last qtr. they have. $6.9 million in cash. They have no debt and they have a $25 million credit facility to build the pipeline.
The have secured a CO2 supply with Kinder Morgan, building a CO2 pipeline fr Cortez to Milnesand, and will begin CO2 flooding in 2015.
The flood will produce 1500-3000 Bopd. Thats $50-100 million a year.
So to build an $18 million, 38 mile pipeline will happen.
No, sir you misunderstood about eor. They are scam pps has been going down and only a insider making money and they do not care abput shareholders. If you do dd on eor you can tell it is a scam.
They blowed 7 million in 3 month and there is no update aboit pipeline being built.
They cannot last longer without a dilution or insider dump
You should dump the shares and move on if you don't want to be called a bagholder
EORIF-No sir, you misunderstood or deliberately mislead. I am buying more at these prices!
EOR has a market cap under $10 million.
They have cash on the books of $6.9 million
They have ZERO debt
They also have a $25 million credit facility
They have Revenues topping $10 million for 3 years now
They have production of 400-500 Bopd
They have 21,000 acres in the Permian Basin
The Reserves are valued at $54 million.
Not a bad investment for .065 if you can pick some up!
My broker shows a volume well beyond your quoted 10K for daily average and that's TSXV only. 1K today traded through another venue.
At the moment, just looking..
g.p.
ah~~ now i get it...are you looking to dump the shares, but no one want it? is that why you are pumping so hard?
good luck my boy
if anyone want to be a bagholder then buy it or looking for a tax loss LMAO
if you get in how are you going to sell?? when EOR has no volumm?
even if they do they have 10,000 volumm
you are going to be a bag holder if you buy EOR
i would never buy anything that has a red flag from fraud reserch team.
if you buy EOR you are bag holder
there is no volumm to sell that means=bag holder
I am a shareholder, just recently added 500,000 shares at .055.
Check out recent news. 200k EBITDA last qtr.
They picked up Mark Peavy from Kinder Morgan. He bought 2.4 million shares in the open market since January.
Hi, Co2, EOR already has 3 small trades in
Canada for a 'high' volume of 7000 shares, all at .065.
Do you like this company enough to be a shareholder?
g.p.
EOR IS SETTING RECORD REVENUES
Revenue of $3.2-million; up 17 per cent from 2012 with 98 per cent of the revenue generated from crude oil; compares with $2.7-million for the same period last year; increase in revenue due to higher production and oil prices;
EBITDA (earnings before interest, taxes, depreciation and amortization) of $200,000, the highest in company history;
So you think trading on a certain exchange is a bad thing?
The OTCQX is for foreign companies to trade on a US Exchange. They are DUAL LISTED and REPORT on both EXVHANGES. EORIF is the us ticker. Fully reporting audited financials
Insider Peavy bought 2,975,000 shares on the open market since coming on board in January. Peavy came from a fortune 100 company, Kinder Morgan. KMP.
The real deal.
put EOR in scam list
trade on OTCQX whcih does not follow SEC rules
it has too many RED FLAGS
Not true, Let's see some proof.
There is no DTC chill on MJNA. There is only a TD Ameritrade chill. All other brokers are trading MJNA
Anyone know if the chill on IPWG been lifted since the SEC ruling back in march 2012?
Looks like the SRCO chill has been lifted.
Small buy order just executed. (CDN Broker)
g.p.
MJNA is currently on a DTC chill. Buys can not be issued (as of today, and going on over a week now) with TD Ameritrade. Others on the MJNA board have posted similar issues with trading MJNA. I contacted several other online brokers and learned that they too were complying with DTC chill on MJNA - apparently because they use DTC to electronically settle the trade.
The exact reasons behind DTC's chill is anybody's guess. Those familiar with DTC know they are not transparent in their "rulings" and the typical reason given is "lack of reporting" by the security in question.
The interesting thing about MJNA is that they are due to release results of an audit for possible uplisting in another 2 weeks... It should be interesting to see what happens.
My Broker (one of the top 3 Canadian firm) had a DTC Chill for SRCO these past 5 to 6 days (at least). Will check later to see if this is lifted.
g.p.
Chill lifted on UBRG on 10/3/2012
10/23/2012
10:30AM
GLOBE
Universal Bioenergy Announces the DTC Lifts the Chill on Its Stock and Resumes Full Electronic Trading
$LHPT has the chill removed. Trade away!!!!!!
where can I check to see if a stock is on the DTC chill list
This is an intesting blog post about DTC
http://www.securitieslawyer101.com/dtc-conspiracies/
Posted by Brenda Hamilton,Attorney, Boca Raton
Hamilton & Associates Securities Lawyers
October 1, 2012
The Depository Trust Company (DTC) is the only stock depository in the U.S. When DTC provides services as the depository for an issuer’s securities, its securities can trade electronically. Without DTC eligibility, it is almost impossible for an issuer to establish an active market in its securities. Issuers must satisfy specific criteria established by DTC to receive initial DTC eligibility, and to remain DTC eligible. Even after an issuer’s securities become DTC eligible, DTC may limit or terminate its services. DTC limits its services by placing a chill (“DTC Chill”) on a security and terminates its services by placing a lock (“Global Lock”) on the security.
Is There A DTC Conspiracy?
When DTC eligibility is limited or terminated, issuers and their securities attorneys scream foul asserting various conspiracy theories involving short sellers, large clearing firms and purported agenda of the Securities and Exchange Commission (“SEC”). The simple reality is that microcap issuers lose DTC’s services primarily for two reasons, illegal issuances of free trading securities based upon flawed tradabililty opinions and fraudulent investor relations activity.
DTC has a number of options when it has concerns about the eligibility status of a newly eligible security, or detects fraudulent activity, including limiting or suspending its services for the security. DTC may also make referrals to the appropriate regulatory authority including the Securities and Exchange Commission (“SEC”).
When DTC eligibility is lost, issuers will often tell their stockholders, they do not know the cause of DTC’s actions. Since only the issuer can direct its transfer agent to issue free trading shares, most often the issuer is aware of why DTC limited or suspended its services. Many officers and directors of microcap companies are facing the harsh reality that reliance upon a legal opinion will not provide them with an effective defense to securities violations.
What Is Really Going On?
DTCC’s Office of Corporate and Regulatory Compliance monitors unusually large deposits of microcap securities that are deposited into DTC when there is a suspicion or indication that the issuer or persons associated with the issuer have violated the securities laws.
With Microcap stocks, this behavior typically involves the deposit of large blocks of unrestricted securities in reliance upon flawed legal opinions rendered in connection with convertible notes, reverse merger transactions or Rule 504 offerings.
Where any of the foregoing are present, the issuer should expect a review by DTC and to provide a legal opinion from an independent securities attorney.
Does FINRA Rule 6490 Have Anything To Do With This?
DTC review is also prompted when issuers provide notice to the Financial Industry Regulatory Authority (“FINRA”) pursuant to Rule 6490, of name changes, stock splits, dividends, reverse mergers and spinoffs. While FINRA reviews the corporate action prompting the notice under 6490, DTC reviews matters related to the issuer’s shares including the tradability of the securities it holds on deposit.
During this review, DTC may discover (previously undetected) illegal free trading share issuances or other fraudulent activity causing DTC to limit or suspend its services. In these instances, DTC may make referrals to appropriate regulators including the SEC’s Division of Enforcement.
How Will A DTC Chill or Global Lock Impact Trading?
A DTC Chill restricts DTC’s services, including limiting a DTC participant’s ability to make a deposit or withdrawal of a chilled security. A DTC Chill may be for a few days or an extended period of time depending upon the reasons for the chill and whether the issuer or transfer agent rectifies the cause of the chill. A “Global Lock” is a termination of all of DTC’s services to an issuer. Like a DTC Chill, a Global Lock may last a few days or an extended period of time, depending on the reason for the Global Lock. If the cause for the Global Lock cannot be corrected, then the security will be removed from DTC’s depository, and transactions in the security subject to the Global Lock will no longer be eligible to be cleared at any registered clearing agency. When this happens, trades can only take place upon physical delivery of stock certificates between buyers and sellers which could take weeks for settlement.
DTC does not always disclose the reason for a chill or Global Lock, or how long it will be in effect. DTC Chills and Global Locks are publicly available at http://www.dtcc.com/legal/imp_notices.
Should Issuers Hire DTC Chill Removal Specialists From The Internet to Fix A Chill?
Recently, numerous websites have popped up claiming that they can remove DTC Chills and Global Locks. The irony is that most of these service providers particpate in the activity that causes the loss of DTC’s services. For example, DTC Chill removal services are offered by the same lawyers who rendered flawed tradability opinions and the same transfer agents who knowingly or blindly accepted these opinions causing the issuance of illegally free trading shares and the loss of DTC’s services.
Similarly, stock promoters with pump and dump websites now tout that they can remove DTC Chills despite that their own investor relations services have resulted in numerous DTC Chills.
There are only two people who can help you remove a DTC Chill. These are a lawyer acceptable to DTC to render a tradability opinion and a DTC Market participant to request DTC provide its services with respect to a security. Anyone else purporting to provide services for DTC eligibility or DTC Chill removal is unable to provide the services required.
Will DTC Ever Remove a Chill or Global Lock?
In some circumstances, DTC obtains additional information from the issuer and its securities counsel regarding the suspicious activity and may not limit its services or may remove a DTC Chill with respect to the securitiy. Removing a DTC Chill is not an easy task. Removal requires among other things, an opinion from securities counsel concerning the (“free trading”) shares held on deposit by DTC and a DTC Participant such as a market maker to make a request that DTC resume services. DTC reserves the right to refuse to rely upon the opinion of any issuer’s securities counsel. In recent months, the SEC has brought multiple enforcement actions against attorneys in connection with tradability opinions rendered for micrcap issuers. Often these actions are preceeded by a loss of DTC eligibility. Because DTC may chose to refer securities violations it discovers to the SEC’s Division of Enforcement, qualified legal counsel is critical at all stages of the DTC process particularly when providing information on the issuer’s behalf. As such, the selection of counsel to address DTC opinions should no longer be considred a routine legal matter.
For further information about this article, please contact Brenda Lee Hamilton, Securities Attorney, at (561) 416-8956 or by email at info@securitieslawyer101.com. This memorandum is provided as a general informational service to clients and friends of Hamilton & Associates Law Group, 101 Plaza Real South, Boca Raton, Florida and should not be construed as, and does not constitute, legal and compliance advice on any specific matter, nor does this message create an attorney-client relationship. For more information concerning the rules and regulations affecting the use of Rule 144, Form 8K, FINRA Rule 6490, Rule 506 private placement offerings, Regulation A, Rule 504 offerings, Rule 144, SEC reporting requirements, SEC registration on Form S-1 and Form 10, Pink Sheet listing, OTCBB and OTC Markets disclosure requirements, DTC Chills, Global Locks, reverse mergers, public shells, go public direct transactions and direct public offerings or please contact Hamilton and Associates at (561) 416-8956 or by email at info@securitieslawyer101.com. Please note that the prior results discussed herein do not guarantee similar outcomes.
someone check IDVC please for chill or not? thks :)
WDRP DTC Chill Statement. Can anyone help explain what they are saying? Thanks.
NEWS FLASH !!
WANDERPORT CORPORATION ISSUES A STATEMENT CONCERNING THE REMOVAL OF DTC "CHILL"
SUBJECT: WANDERPORT CORPORATION AND DTCC < The Depository Trust & Clearing Company (DTC) "CHILL " >
For those of you who have had difficulty depositing, transferring or trading shares of Wanderport Corporation due to the Depository Trust Company (DTC) "Chill", we are in receipt and have reviewed a recent activity transaction journal supplied by our transfer agent (Issuer Direct Transfer, LLC), which now confirms DTC's decision to accept share deposits and transfers into street name.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79232618
NEOM is DTC Chill
www.neom.com/ir/shareholdernotices
Please try my new board for LOW FLOAT Penny.Thanks
http://investorshub.advfn.com/Penny-$$-Tiny-Float-*-Low(OS-&-AS)-24974/
MSLP chilled
ERBB does have a DTC chill..
ACGX IR email responses chill lift soon...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74947382
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74946286
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74937282
Attorney letter filed today, chill should be lifted soon.
I called my broker and they said NO chill
I've bought with my choicetrade account a month or so ago, so it wasn't then, best I can tell ya.
Is ERBB DTC chill?
Anyone have an answer that is fact?
LCK
If a company is already on the DTC chill list and it files the S1 will it be taken off ?
Do you know of any companies that have successfully gotten off the chill list after being put on ?
if so which companies and how did they do it ?
last, did any companies get off by filing the S1 ?
hes any company with a dtc chill gotten rid of it ? which ones ??
DTC chill DD and why what is happening is happening
H.R.4173 - Wall Street Reform and Consumer Protection Act
http://www.opencongress.org/bill/111-h4173/show
Wall Street Reform Act
(this PDF I find is the Best answer)
http://www.accenture.com/us-en/landing-pages/management-consulting/risk-management/Pages/dodd-frank-risk-management.aspx?c=con_usriskmpsgs_0511&n=g_Dodd_Frank/a_0_k/Dodd_Frank_&KW_ID=saWpVBWn7|pcrid|17467299230
http://www.accenture.com/us-en/landing-pages/management-consulting/risk-management/Documents/Accenture-US-Financial-Regulatory-Reform.pdf
The Future is Here; a Tale of Two Companies
http://wallstreetbranding.com/the-future-is-here-a-tale-of-two-companies/
Finally I got an answer from its IR contact Ron Davis, got it via email (from yahoo email account to yahoo email account, on a previous try from gmail I didn't get any answer probably due to the message getting into the spam filter or so as I was speaking about a stock lol).
I've also found that Twitter is as good as useless to get info.
Thanks...
Are they temporary chills or one of the global lockdowns which tend to last for a long time?
Sad but, funny post. lol
Hadn't noticed it earlier... sorry.
Good luck with that one.
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Scam Plays and DTC "Chilled" Stock - Beware of Both
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Since DTC is starting to "chill" or global lock quite a few stocks I thought it might be interesting to start gathering information on the various "chilled" stocks here. I'll be adding a list of the ones I know about in the near future. Please post information on any stocks you know of that have a DTC "chill" on them.
Not all DTC "chilled" stocks are scams, but, the end results to the long term shareholders appear to be the same.
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Here's some interesting reading for those with any concerns about speaking out freely with information about scams:
From IH Geek [Dave]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53187425
An excerpt:
"This is an important day for freedom, and a fatal blow to those who would attempt to silence our collective rights using foreign laws as their sword.
It is our great pleasure to announce today's enactment of the SPEECH ACT, otherwise known as the "Securing the Protection of our Enduring and Established Constitutional Heritage" Act. This is important legislation, not only for websites such as as iHub but also for individuals who wish to exercise their constitutionally protected right to express their views.
The new legislation, which was signed into law today, is based on the similar laws passed by New York, Florida and other states. It prohibits enforcement of foreign libel judgments in all U.S. courts of law when the foreign laws are not as protective as American law or do not comport with U.S. principles of due process. It also requires US courts to apply the immunity provided by 47 USC 230 with regard to foreign judgments against interactive websites like iHub. And perhaps most importantly, it provides the jurisdictional authority for US courts to issue declaratory judgments in favor of the US defendants in such foreign judgments, and provides for recovery of legal costs in incurred in doing so. No longer will US citizens and business be held hostage to libel judgments obtained in countries with archaic libel laws that do not respect the constitutional and statutory protections provided by US law.
It should also be noted that this bipartisan legislation passed both the House and the Senate unanimously. That speaks strongly to the will of Congress and the American people; in this age there are scant few matters before the Congress that would garner unanimous support.
Our thanks and congratulations go to Congressman Steve Cohen for originally proposing this legislation, and to Dr. Rachel Ehrenfeld who spearheaded support for the legislation. We also acknowledge the members of both parties in the Judiciary Committees of the House and Senate for getting the legislation right and getting it enacted without opposition.
We recognize and congratulate those of you who have held your ground in the face of intimidation from foreign operators."
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Here's an example of the type of scam stock I'd like to see listed here:
OTC BB | Medical - Healthcare | EYI Industries (EYII)
http://investorshub.advfn.com/boards/board.aspx?board_id=4264
Dirty shell is an understatement here:
If you go to the State of Nevada you will see their corporate status has been revoked:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=OBGnrqpH6oP8sHIelJilxA%253d%253d&nt7=0
Pinksheets has them as Caveat Emptor
EYII closed it's doors on April 2, 2009. Website came down and nobody heard from the company again. A number of reps are now trying to file a class action lawsuit against the company. They stopped paying reps after this point. In the weeks and months leading up to April 2009, they had begun putting caps on distributor checks. After this time, the patent holder/inventor of Calorad took his product to ASANTAE, inc to allow them to distribute. EYII never owned Calorad or the rights to distribute it. Try googling for EYII distributors, and you will not find a single one that is active. There are a few that have moved onto other MLM companies, and have maintained their old telephone numbers, but they will tell you that EYII went out of business last year. Evidently, the story is that 2 people embezzeled or defrauded the company of all their cash and they went belly up. They left all their reps high and dry and even wiped out their downlines of customers, because they took down the website and they were not able to access their downlines.
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This Forum used to be for the discussion of Javelin Advisory Group Stock Plays, however, the company no longer exists. Please feel free to use this board for any scams you find. Just provide links to prove your assertion.
Website
http://www.javelinadvisory.com/ (JAVELIN out of business) email addressed to site is returned undeliverable and last blog entry on the site is from 2008. There are no current Javelin plays.
Incorporated
http://nvsos.gov/sosentitysearch/
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=hzBwHZy%252bH0oxx8dilMyxDg%253d%253d&nt7=0 shows that JAVELIN is in default status with the State of Nevada.
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All messages, including iBox content, are the opinion of the posters, are no substitute for your own research, and should not be relied upon for stock trading or any other purpose.
Rules of the board according to IHUB:
http://www.investorshub.com/boards/complex_terms.asp
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