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TierOne SEC Admin Proceeding:
http://www.sec.gov/litigation/admin/2013/34-68605.pdf
TONEQ revoked:
http://www.sec.gov/litigation/admin/2012/34-67099.pdf
The new 52-week low .0005 was created yesterday! More new lows soon?
50,000 shares bought at 0.004 so far! 0.0027 x 0.0039 now. Only 10K
shares at the ask...
0.003 x 0.004 now.
0.0027 x 0.004 now.
0.0025 x 0.004 now.
0.0026 x 0.004 now. The bid is up 30% so far... Last Friday's high
was 0.02...
0.002 x 0.004 now.
0.0015 x 0.003 now. The daily range is 0.004 ~ 0.02 so far...
Correction: today's high is 0.02, not 0.004 which is the low!
0.0014 x 0.003 now. The high is 0.004 today! 0.016 was recent high!
It is up very strongly (207.7%) now! Can it rehit 0.016 today?
It is up 7.7% today! The recent big rally was 8-bagger from 0.002 to 0.016!
Wow, that sounds a good deal! Easy triple from 0.002, my friend...
Somebody just sold me 100k at .002
0.0013 x 0.004 now. 1,443,000 shares shorted! Huge short squeezing!
The daily high is 0.0025 and yesterday's bid was 0.003...
The OS is 18,036,134 shares. The 52-week price range is 0.001 ~ 0.016
0.003 x 0.004 now. The bid is up 200%!
New 52-week low 0.001 was created today! Sell the CH11 at bid ASAP!!
1.7 million shares held for the employees...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7729790
New 52-week low 0.002 was created today! Sell the CH11 pos scam ASAP
no thoughts on this.. I am locked and loaded. Just waiting to see what happens.
Any thoughts...? I might add
Yes sir..
big volume today
Yes sir... Just the start. IMO
Nice buy today
I think it will run hard soon......
WEEEEEEEEEE!!!! It may be the start of a short cover.
Here we go! .008 at the Bid!
No WAY!
To the MOON BABY!!!
This thing moves on AIR!
The shorts have to cover big time!
or were screwed...............
lol...are we s.o.l?
As of March 31, 2010, TierOne Bank had approximately $2.8 billion in total assets and and $2.2 billion in total deposits. Great Western Bank will pay the FDIC a premium of 1.5 percent to assume all of the deposits of TierOne Bank. In addition to assuming all of the deposits of the failed bank, Great Western Bank agreed to purchase essentially all of the assets.
Edward J. Swotek
Investor Relations Department
TierOne Corporation
1235 "N" Street
P.O. Box 83009
Lincoln, NE 68501-3009
1-402-473-6250
1-402-435-0427 (fax)
email:investorrelations@tieronecorp.com
In accordance with Federal law, allowed claims will be paid, after administrative expenses, in the following order of priority:
Depositors
General Unsecured Creditors
Subordinated Debt
Stockholders
All shares of TierOne Bank were owned by its holding company, TierOne Corporation, Lincoln, NE. The holding company was not included in the closing of the bank or the resulting receivership. If you are a shareholder of TierOne Corporation, please do not contact or file a claim with the Receiver. You may contact TierOne Corporation directly for information as follows:
Acquiring Financial Institution
All deposit accounts, including brokered deposits, have been transferred to Great Western Bank, Sioux Falls, SD ("assuming institution") and will be available immediately. The former TierOne Bank locations will reopen as branches of Great Western Bank during regular business hours.
Good move IMO. Due for a big bounce.
Whats going on here? Picked up a few lotto tickets
rumor rumor they are getting sued oops fact not rumor ....
Law Offices of Howard G. Smith Announces Class Action Lawsuit on Behalf of Investors of TierOne Corporation
8:15 PM ET 5/21/10 | BusinessWire
Law Offices of Howard G. Smith announces that a class action lawsuit has been filed in the United States District Court for the District of Nebraska on behalf of all persons and entities who purchased the securities of TierOne Corporation ("TierOne" or the "Company") (Pink Sheets:TONE) between August 8, 2008 and May 14, 2010. The complaint alleges that the Company and certain of its executive officers violated federal securities laws. Specifically, the complaint alleges that certain public statements made by TierOne during that period, including statements about the Company's financial results, were materially false and misleading because, among others, the Company had improperly accounted for loan loss reserves.
If you are a member of the class described above, you may move the Court, no later than July 20, 2010 to serve as lead plaintiff; however, you must meet certain legal requirements. If you purchased TierOne securities between August 8, 2008 and May 14, 2010 or if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com.
SOURCE: Law Offices of Howard G. Smith
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
(215) 638-4847
(888) 638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
Is that rumor started by you or are you hearing this else where?
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