Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Slojab, hilarious! I do not think a company can just go private like that. EOM
sounds like they anticipate "further enforcement actions".
what filings do they need to make to become private?
That exchange may be okay for those who actually looked at SCNP as an investment and not just a ticker to trade. I doubt many want dibcoins or stock in a private company. Given that, many are going to want out on Monday.
"or they can sell their shares directly to the company at a two (2) DIBCOIN for every one (1) share of stock held."
<Ouch> That's like $2... if the price even holds!
That is literally like stealing all the money anyone invested!
Interesting development for SCNP!
The Board of Directors of Sunshine Capital, Inc Announces conversion to a Private Company
Apr 15, 2017
OTC Disclosure & News Service
Hollywood, FL -
The Board of Directors of Sunshine Capital, Inc Announces conversion to a Private Company
Hollywood, FL., April 07, 2017 â?? The Board of Directors of Sunshine Capital, Inc. (OTC-Pink: SCNP) has concluded that the company can implement its business plan more effectively as a private company. Therefore, early next week the company plans to file all forms necessary to convert Sunshine Capital, Inc to a private company.
Shareholders have the option of staying a shareholder of the private enterprise and benefitting from future dividends or they can sell their shares directly to the company at a two (2) DIBCOIN for every one (1) share of stock held.
Shareholders who wish to trade their stock for DIBCOIN should send an email to scnp.shareholder@gmail.com. This offer expires on May 31, 2017.
http://www.otcmarkets.com/stock/SCNP/news/The-Board-of-Directors-of-Sunshine-Capital--Inc-Announces-conversion-to-a-Private-Company?id=156021
they may require them to uplist
lol. or, they may not. or, they won't.
Due to MC change they may require them to uplist so correct valuation can be quoted as a reflection of there DIBC ASSET.
IMO
Pink sheets gray sheets black sheets what ever it will have no impact on the success of DIBCOIN
YOU SAID TRADING WILL AUTOMATICALLY RESUME IN THE 27TH I THOUGHT YOU SAID WE ARE IN GRAY SHEETS
lol. yes. it's very simple to understand. trading will resume on the grey market on 4/27/17.
Lucky thanks for the info great job? DIDN'T WE ALREADY KNOW THIS, THE SEC WANTS TO LEARN MORE ABOUT DIBCOIN THIS IS NOT NORMAL. THE COMPANIES ASSETS ARE ABOUT TO DRAMATICALLY CHANGE SO YES THE SEC Haulted TRADING.
QUESTION YOU SAID TRADING WILL AUTOMATICALLY RESUME IN THE 27TH I THOUGHT YOU SAID WE ARE IN GRAY SHEETS. I think scnp is gonna suprise people.
We knew this already, this is not new?
SCNP NOW ON GREY MARKET
http://www.otcmarkets.com/stock/SCNP/quote
It appears to the Securities and Exchange Commission that there is a lack of current and
accurate information concerning the securities of Sunshine Capital, Inc. (“SCNP”) (CIK No.
0000832637) because of questions regarding the accuracy of assertions by SCNP, a Nevada
corporation whose principal place of business is located in Hollywood, Florida, in press releases
to investors concerning, among other things, the liquidity and value of the company’s assets,
namely DIBCOINS, a cryptocurrency. SCNP’s common stock is quoted on OTC Link
(previously “Pink Sheets”) operated by OTC Markets Group, Inc. under the ticker symbol SCNP.
The Commission is of the opinion that the public interest and the protection of investors
require a suspension of trading in the securities of the above-listed company.
THEREFORE, IT IS ORDERED, pursuant to Section 12(k) of the Securities Exchange
Act of 1934, that trading in the securities of the above-listed company is suspended for the
period from 9:30 a.m. EDT on April 12, 2017, through 11:59 p.m. EDT on April 26, 2017.
the only thing SCNP needs to prove to the SEC before trade can be resumed .....
this scam needs to prove nothing. a suspension is not an inquiry period or deadline. trading will automatically resume on thurs. 4/27/17.
This is gonna be fun
So, it's Settled
the only thing SCNP needs to prove to the SEC before trade can be resumed in the stock is that Dibcoin is in fact worth five billion dollars.
I'm sure Honson can explain it to them.
DIBC - SYMBOLISM IS A GOLDEN BOX WITH AN UPWARD TRENDING BLUE SKY PUNCHING OUT OF THE GOLDEN BOX.
THIS SYMBOLIZES A PRICE RISE MUCH HIGHER THAN GOLD AND REWARDS A COMPANIES GENIUS FOR THINKING OUTSIDE THE GOLDEN BOX.
THE REWARD IS INSTANT WEALTH
https://coinmarketcap.com/assets/dibcoin/
Current MC Five+ Billion USD
Bitcoin is #1
DIBCOIN IS #2 BITCOIN BASED ,PREMINED=FAST
IMO
BULLISH SCNP DIBC
https://coinmarketcap.com/assets/dibcoin/
Back up to 5+ BILLION MC
INSTANT WEALTH JUST HAPPENED
SCNP
GOLDEN BOX PUNCHED
BLUE SKY
Of course they are "questioning" it. They know it's bogus. If they thought there was ANY chance of it being real they (and FINRA) would have had a chat with them...and the company would have had the opportunity to back it up. Either that didn't happen so the SEC felt there was no basis for the conpany's claim and had information to back up that view...or they did have a chat with the company and got nothing back to give them any reason to not suspend (which they treat as a weapon of last resort).
As for waiting how it turns out...I am afraid that is very much a known quantity for anyone the follows or understands the SEC's process for suspending.
But hope certainly does spring eternal in pennyland.
WITH OR WITHOUT THE SEC APPROVAL.
lol. approval? please. what type of "approval" do you think the sec could give this scam?
FRAUD OR DELINQUENCY? ???
WHERE IS THIS SO CALLED FRAUD??
THIS DEAL IS SO BIG IT SCARES THE SEC NO ONE HAS DONE THIS BEFORE. SO THEY QUESTION THE VALUE OF DIBCOIN? That is there concern. Not fraud. MARK MY WORDS I DONT KNOW WHAT IS GONNA HAPPEN WITH ALL THIS BUT I WILL SAY DIBCOIN IS GOING TO BE A HUGE SUCCESS. WITH OR WITHOUT THE SEC APPROVAL.
The SEC is questioning the value that out in press releases. Let's just see how this turns out .
The SEC suspends only a fraction of the scams in the OTC...thus they are only going after the low hanging fruit..the "sure thing" scam...it's why they have the record they do for these scams not being able to come back from a suspension.
But as with all suspensions...the investors in those stocks sometimes take awhile before reality finally sinks in.
Enough wasting time let's just sit back Nd wait 30 days and when SCNP PROVES to the sec they are real then we'll talk other than that have a great day
lolololol. the sec only can suspend for two reasons and two reasons only. delinquency and fraud. this scam is not delinquent.
FRAUD ARE YOU KIDDING ME THIS IS BEING DONE TO allow the market to digest the info put out by the company and when proven real then I'll see you on NYSE
The 211 will be filed after all questions have been answered. So no investigAtion will be going on when the 211 is filed. You all are in for a big suprise.no way scnp going below $1 even on gray sheets while 211 is being filed
The company is not under investGation of fraud. Read the notice. They want proof of the numbers they put in there pr's and once proven correct all that will do is give credibility to SCNP more than ever
We'll I believe SCNP can easily prove there statements to be 100% accurate and a 211 will be filed and approved all scnp has to do is prove there statements to be true and mTg don't lie
The "questions" statement in the suspension notice is their boiler plate way of saying they don't believe anything the company has said on the matter. The chances of SCNP getting a 211 sponsored by a MM are next to zero. They aren't even an SEC reporter so they would need to file a Form 10 first...which won't happen.
In the last 7-10 years, and well over 2500 SEC suspensions of OTC stocks, there are maybe 4-5 that have gotten a 211 approved. And ALL of those were SEC registrants BEFORE the suspension.
SCNP is done.
I am often reminded of this scene about the chances of a penny stock coming back.
the real value will likely be .0001 within a week of it being on the grey market.
ALL THIS IS IS GIVING THE MM THE CHANCE TO COVER AND DIGEST SCNP REAL VALUE
EOM
no mm will sponsor this scam when the company is under sec investigation of fraud. finra will not approve one either for the same reason . this pile of crap is finally over.
Jhnvtjll
I mean that they prove the numbers and then they are trading again but this time with sec approval. If you think SCNP WILL do nothing that's crazzy. All they have to do is prove the amount of dibcoins they own are correct with what they announced and it's over. This stArts trading again the excitement and proof and Approval will be enormous
Correct then the mm files a 15c211 and you are back on pinks but this time the SEC will give us the stamp of approval showing everything they have said to be true.
Tenkay I understand but if SCNP answers all the questions and proves the assets,are real and one of the market makers files new 15c211 we are back trading. Iv seen this about 5 times before .IF SCNP DOES NOTHING THEN YOU ARE RIGHT BUT I DOUBT SCNP IS NOT GONNA DO ANYTHING. ALL THEY HAVE TO DO IS PROVE THEY OWN DIBCOINS LIKE THEY ANNOUNCED. I TELLING YOU all this is a blessing to happen. When scnp proves all it's sttatements to be true and the SEC allows trading again it will give scnp one hell of a stamp of approval. Then this will trade everyday. Ten think about that.
http://www.finra.org/investors/alerts/when-trading-stops-halts-suspensions-other-interruptions
Detailed Process Explained
New financial info
They don't need to prove anything. Stock is already gone.
i suppose we will.
That is not what I am saying. Yes it will trade after the 10 day suspension but on the grey market without quotation by ANY market maker. What will not happen is it will not comeback to quoted trading on the pink sheets. As to what happens after it begins trading again is predictable...it will eventually become illiquid...only a question of how long it takes.
and as long as the MM that are there today are there in ten days... Nothing happens
there will be no mm's making a market. the suspension expressly prohibits that. this will re open on the grey market.
Read this good what a joke
The Commission temporarily suspended trading in the securities of SCNP because of questions regarding the accuracy of assertions by SCNP in press releases to investors concerning, among other things, the liquidity and value of the company's assets, namely DIBCOINS, a cryptocurrency. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).
ALL SCNP DOES IS proVE themselves and this stock is gone
Wait to the trading starts again
https://coinmarketcap.com/assets/views/market-cap-by-total-supply/
Really?
Stocks are halted all the time for ten day suspensions and in ten days they become trading again. What your saying is every time the SEC haults a pink sheet company it never trades again??? If that was the case then the SEC could eventually get rid of the entire pink sheet market all together. I'm ten days the market opens scnp is still a a otc markets good standing company and as long as the MM that are there today are there in ten days... Nothing happens I've seen this all my life. But again look at the reason for the suspension ITS the value of DIBCOIN they question. SO HERE WE GO SCNP PROVIDES PROOF OF THERE HOLDINGS THEY PRINT OUT A PUBLIC QUOTE FOR DIBCOIN AND THERE YOU HAVE THE ASSETS OF BILLIONS. BUT NOW THE SEC REMOVES THE SUSPENSION AND SCNP SKYROCKETS BECAUSE NOW ONCE THAT SUSPENSION IS LIFTED IT IS LIKE THE SEC SAYING THEY PROVED THE ASSETS CONTINUE TRADING A STAMP OF APPROVAL FROM FROM THE SEC!!!! LOOK AT THIS THE RIGHT WAY. NORMALLY HAULTS ARE NEGATIVE AND HONESTLY EVEN HERE IT WOULD APPEAR NEGATIVE BUT AS LONG AS SCNP CAN PROVE THE NUMBERS THEY ARE CLEAR AND NOT ONLY CLEAR BUT NOW SEC APPROVED.
EOM
1998 THRM SHORT NO COVER
2017 SCNP SHORT NO COVER
SCNP GOING TO THE MOON
That is true but they are not gonna be able to cover. This was the plan all along I see it clear now. He's a genius
Followers
|
9
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1872
|
Created
|
02/09/16
|
Type
|
Free
|
Moderators |
Sunshine Capital, Inc.
7777 Davie Road Extension Suite 302B
Hollywood, FL 33024
Nevada Secretary of State
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=nDhWNCWT8bmk%252f4Yvysqlag%253d%253d&nt7=0
OTC Markets
https://www.otcmarkets.com/stock/SCNP/profile
Authorized Shares 17,000,000 a/o Feb 21, 2017
Outstanding Shares 16,997,000 a/o Feb 21, 2017
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 450,000 a/o Dec 18, 2015
Par Value 0.0001
A Pensacola attorney pleaded guilty on Friday to filing false tax returns and tax evasion.
James R.J. Scheltema, 56, is a certified public accountant and attorney. Between 2010-13, Scheltema received restricted stock as compensation for his legal and accounting services. He initially reported no compensation on his 2011-12 individual income tax returns, according to a release from the U.S. Attorney's Office, despite receiving substantial compensation from stock issuance and the sale of stock.
Scheltema also failed to file timely individual and corporate income tax returns for two companies he owned and operated, then tried to evade notice of stock sales by instructing checks be made payable to his wife and his companies rather than himself. After being notified of an IRS investigation, Scheltema filed amended 2011-12 returns and a delinquent 2013 return, which were also false, according to the report.
Scheltema faces a maximum of three years in prison for each charge of filing false returns, and a maximum of five years in prison for the tax evasion charge. His sentencing hearing is scheduled for April 10.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |