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Very small indeed.
So from what i gather by your post, there is a very smaaaallllll hope.......???
Acer
A public shell is a non-operational public company that in the past sold stock to the public. The business later ceased operations, leaving a shell corporation with a base of shareholders holding free-trading stock. As long as the corporation has not had its corporate charter revoked, a new company can merge into the shell and assume the base of shareholders. The officers and board of directors of the public shell resign, and new officers and directors are appointed.
http://publicshellco.com/content6.html
So can it still be sold as a shell? or is that the end of this then?
Sorry, but i have never had one of my investments just die like this. any explanation would be welcome.
Acer
STAR Telecommunications, Inc.
Administrative Proceedings 34-62008 Apr. 30, 2010 AB Liquidating Corp. (f/k/a Adaptive Broadband Corp.), Globalnet Corp., Greenland Corp., Guinness Telli-Phone Corp., KeraVision, Inc., Lifespan, Inc., STAR Telecommunications, Inc., Telenetics Corp., and 3DFX Interactive, Inc.
http://www.sec.gov/litigation/admin/2010/34-62008.pdf
This Order revokes the registrations of the registered securities of Respondents
Maybe someone had placed a sell at the bid, and asuming that it is free trading this is the new bid and someone got burned????
Acer
I have no idea? Been trying to find out myself, but can find nothing and no one is posting anything either?
If anyone out there has any info on this, please share it with us.
Thanks
Acer
I see we have a bid and ask again. Does that mean the sec is allowing it to trade?
Acer
Thanks, let's just hope it comes back so we can get one last run out of this.........
Acer
It appears to the Securities and Exchange Commission that there is a lack of current and accurate information....
No other information on why, yet.
So are we all screwed now?
Acer
Trading Suspensions: 34-61835 Apr. 5, 2010 -... STAR Telecommunications, Inc...
http://www.sec.gov/litigation/suspensions/2010/34-61835.pdf
See also Order
http://www.sec.gov/litigation/suspensions/2010/34-61835-o.pdf
http://www.sec.gov/litigation/suspensions.shtml
I have e-mailed the owner of the company to see if we can get some info on the bankrupcy and what things are coming up as to why we should continue to hold this?
Will post if i get answers
Acer
So what's the word for today guys........
Green or red
Volume????
Acer
100 shares drops this to 0.0006. What games are the MM's playing here. Trying to scare everyone into selling or what?
Acer
Thank you for your honest answer. I will try and contact the company for this important question.
I wish i knew, because that is the 5 Bagger question!!!!!!! IMO
Acer
When will company emerge from bankcruptcy?
THEY HAVE NEW WEBSITE BOTTOM DATED 2010 @ $500,000.00 IN TAX LOSSES EXPIRE IN 2010. WE WILL FIND OUT WHO BOUGHT THOSE SHARES NEXT WEEK ON OTCB MM ACTIVE REPORT SHEET. GOOD LUCK ..
got me a nice chunck of shares today. like how thin the L2 is.
has anyone done any DD on this one yet? im loving the triple zeros.
Hi, Mike, I bought some today, I think it's the former, but I am speculating. Good to see you here and good luck.
STRXQ
unusual volume today as the stock rose 480% to a high of .0024 from .0005 at the opening bell. Could this be a sign of things to come or a flash in the pan never to be heard of again?
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