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Yes it has been settled, shareholders are screwed and the stock/company are going nowhere. It's to bad, product was pretty good.
has this issue been sorted with the shareholders?
No. But, if your attorney can determine that any securities laws specific to California were broken, it might be wise to add a California attorney. Each state has their own securities laws, and, even though a corporation is organized/registered in a different state, it still may run afoul of state laws if it sold shares to a particular states people, or other wise operated in that state. IMO, STAU fits the bill in both regards.
Let us know of any progress you make. I have a feeling that there are many who would lone to sue Corley. It just needs someone to take the first step and get the ball rolling. Corley has swindled a lot of people.
Do you have to use a California lawyer to file a securities class action lawsuit?
If you're referring to the supposed increase that's showing, that's just plain wrong. This ticker has traded like I've never seen before after a R/S. It's as though no one realizes they did it and have no idea what the new sp would be if it had ever traded at $1, the adjusted sp. Even OTCM has the wrong increase, which obviously should be a decrease of 97% if it were based on $1. They're showing it as though the sp was still $.0001. Oddly enough OTCM is showing the sp for yesterday is $25.0051 on their data feed, but this what realtime shows.
12:32:20 0.0343 13
12:30:34 0.0343 2
10:06:50 0.0341 3600
09:57:49 1.00 1
06/28 0.0302 5
06/27 0.0501 3
06/25 0.03 2
05/15 0.0001 4650000
I hope they're forced to cancel rs since they blindsided people
Had a recent Reverse Split of 1:10,000. No updates to shareholders from company. ETrade will NOT accept any online trading. Not sure about any other platforms.
Is it just me, or does the stock it seem to be updating?
Anyone from the board close to one of the lawyer panther listed?
Did you mean Chino or Chico? There are a few listed in the Sacramento area, which is about 120 mi from Chico.
https://attorneys.superlawyers.com/securities-litigation/california-northern/sacramento/
I did a quick search for a Chino CA lawyer and didn't find much, however outside the area found this firm
https://www.dkrpa.com/
If you find any other options let me know - otherwise I will be calling next week.
Until Corley files a legitimate report the stock has no value. Its not that the company isn't making money; it is that all the money goes to one single person. Those who put up the money to fund the business, shareholders, have been shunted aside, lied to, then ignored, and now annihilated by Corley's Reverse Split. He has utterly destroyed the lives of some; and he did so knowingly.
Will price reflect change in stock value?
Since I primarily track scams, I have seen a 1:10,000 ratio occasionally. I have never seen one recover from it and become a successful company, though. One particular stock went on to reverse split 5 or six times. When it was all said and done, the splits summed up to a 1:4,000,000,000,000,000 (4 quadrillion). The owner eventually ended up in prison, but is now out and back in bus.
" He can try to explain away this RS anyway he wants. The reality is that this was his final act of theft. He has stolen blind the very people who put him in business. He does not have one ounce of integrity in his entire soul."
(Underlines are mine)
Have to agree with you on these statements, imo.
This action does not make sense to me.
Lots of other things could have been done without this, imo.
Respects.
hl
agree.
respects.
hl
lol at the RS ratio. I haven't seen that too often.
I dont care about the ceo. The man stated he couldnt find the ticker symbol.
although out of the blue, he did say he didn't give a chit about shareholders a long time ago, that was the clue.
lol the rumour was bs right from beginning
STAUD is merely a temporary designation because of the RS. Shareholders should have sued Corley long ago. He can try to explain away this RS anyway he wants. The reality is that this was his final act of theft. He has stolen blind the very people who put him in business. He does not have one ounce of integrity in his entire soul.
IT APPEARS THEY BLINDSIDED EVERYONE TYPICALLY OTC
I HAD A HUGE GTC ORDER FOR 1S GOOD THING I CANCELLED IT AND NICE BLINDSIDE BY COMPANY
My shares had the reverse split, 1 for 10,000 this morning. Also I am not getting any quote info, maybe a new symbol? I tried to get him to do one that was close to the name of Incrediwear. This should be interesting. I will have to cancel my GTC orders.
Why 1:10,000? Total shareholder wipeout.
hl
Miffed, Upset, Disappointed...plain old mad.
Disrespects Corley.
hl
Well there was a rumor going around of a Nike buy out
Only way this is good is if some bombshell news drops soon and I can’t imagine that happening.
STAU: one for 10,000 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
usually it is no good
however in this case the stock becomes active and people will be able to cash out, finally. This has been dormant for many years.
if the SP rises considerably then most of the previous shareholders should be able to break even.
What effect does a reverse split have?
most of us figured this one was done for good
did they blindside shareholders? Or was there an indication that it would happen?
Well that sucks. Some news from the company would be nice.
yes- the 16th-- just the messenger-- though the board would like the info-- was looking at another position-- GL guys and gals
Reverse split tomorrow?
Looks like company didnt want to get d listed from nsdaq
https://www.stockscores.com/charts/charts/?ticker=stau
Star Nutrition Inc (STAU)
0.0001 -0.0001 (-50.00%) 09:31 ET [OTC US]
TRADER'S CHEAT SHEET for Wed, May 15th, 2019 Alerts Watch Help
Projection Effective Date: May 15th, 2019
Pivots Stochastics Fibonacci Moving Averages Highs/Lows RSI HLC print download
Support/Resistance Levels Price Key Turning Points
13-Week High 0.0004
52-Week High 0.0004
0.0003 38.2% Retracement From 13 Week High
0.0003 38.2% Retracement From 52 Week High
Pivot Point 2nd Level Resistance 0.0002
1-Month High 0.0002
0.0002 38.2% Retracement From 52 Week Low
0.0002 50% Retracement From 13 Week High/Low
0.0002 38.2% Retracement From 13 Week Low
0.0002 38.2% Retracement From 4 Week High
0.0002 50% Retracement From 52 Week High/Low
Pivot Point 1st Resistance Point 0.0002
Previous Close 0.0002 Previous Close
0.0002 Pivot Point
Pivot Point 1st Support Point 0.0002
Pivot Point 2nd Support Point 0.0002
13-Week Low 0.0001
52-Week Low 0.0001
High 0.0001 High
Low 0.0001 Low
1-Month Low 0.0001
Last 0.0001 Last
0.0001 50% Retracement From 4 Week High/Low
0.0001 38.2% Retracement From 4 Week Low
0.0000 Price Crosses 18 Day Moving Average
0.0000 14-3 Day Raw Stochastic at 80%
0.0000 14-3 Day Raw Stochastic at 20%
0.0000 14-3 Day Raw Stochastic at 30%
0.0000 14-3 Day Raw Stochastic at 50%
14 Day RSI at 80% 0.0000
14 Day RSI at 70% 0.0000
0.0000 14 Day RSI at 50%
14 Day RSI at 30% 0.0000
14 Day RSI at 20% 0.0000
0.0000 14-3 Day Raw Stochastic at 70%
0.0000 14 Day %d Stochastic Stalls
0.0000 14 Day %k Stochastic Stalls
0.0000 Price Crosses 9 Day Moving Average
0.0000 3-10 Day MACD Oscillator Stalls
0.0000 3-10-16 Day MACD Moving Average Stalls
0.0000 Price Crosses 40 Day Moving Average Stalls
0.0000 Price Crosses 18 Day Moving Average Stalls
0.0000 Price Crosses 9 Day Moving Average Stalls
0.0000 Price Crosses 18-40 Day Moving Average
0.0000 Price Crosses 9-40 Day Moving Average
0.0000 Price Crosses 9-18 Day Moving Average
0.0000 Price Crosses 40 Day Moving Average
RS filed:Daily List Date/Time 05/15/2019 00:00:00
Event Type Reverse Split/CUSIP Change
Effective/Ex Date/Time 05/16/2019 00:00:00
Subject to Corporate Action CD
Offering Type No Restrictions
Daily List Comment All fractional shareholders as a result of the reverse split will be rounded up to the nearest whole share
Daily List Event Code DA
Forward Split Ratio
Reverse Split Ratio 1:10000
Dividend Type Reverse Split
https://otce.finra.org/otce/dailyList
Good morning stau
Star Nutrition Inc (STAU)
0.0002 unch (unch) 05/10/19 [OTC US]
QUOTE OVERVIEW for Fri, May 10th, 2019 Alerts Watch Help
Day Low
0.0002
Day High
0.0002
Open 0.0002
Previous Close 0.0002
Volume 3,000,000
Avg Vol 11,064,910
Stochastic %K 50.00%
Weighted Alpha N/A
5-Day Change unch (unch)
52-Week Range 0.0001 - 0.0004
1D5D1M3M6M1Y5Y20Y
Use regions/landmarks to skip ahead to chart and navigate between data series
Chart
Long description.
The chart shows Daily data for the symbol STAU.
Structure.
Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis
The chart has 2 Y axes displaying symbol STAU and navigator-y-axis
Chart graphic.
Mar 18
Apr 1
May 6
0.0000
0.0001
0.0002
0.0003
0.0004
0.0005
0.0002
Fundamentals
Market Capitalization, $K N/A
Shares Outstanding, K N/A
Annual Sales, $ 0 K
Annual Income, $ 0 K
60-Month Beta N/A
Price/Sales N/A
Price/Cash Flow N/A
Price/Book N/A
Price/Earnings ttm N/A
Earnings Per Share ttm N/A
Most Recent Earnings N/A on N/A
Next Earnings Date N/A
Annual Dividend & Yield N/A (0.00%)
Most Recent Dividend N/A on N/A
SECTORS:
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Price Performance
Period Period Low Period High Performance
1-Month
0.0001 +100.00%
on 05/09/19
Period Open: 0.0001
0.0002 unch
on 05/10/19
+0.0001 (+100.00%)
since 04/10/19
Trade STAU with:
STAU Stock Quotes API
Key Turning Points
DAILY 52-WEEK
2nd Resistance Point 0.0002
1st Resistance Point 0.0002
Last Price 0.0002
1st Support Level 0.0002
2nd Support Level 0.0002
Last 2 slapping
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Posts (Total)
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Created
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09/30/10
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Health stores, sports stores, pharmacy, hospitals, sports teams, trainers and doctors.
Used by Olympians, NBA teams, NFL teams, tour de France riders, crossfit, and more (some of the biggest stars in sports wear incrediwear).
Incrediwear products are used by some of the best orthopedic clinics in the USA for ACL recovery.
Not just for stars, the everyday weekend warriors find amazing results!
OTC Markets Security Details:
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