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Using RBC Action Direct. Doubled checked with my wife and she is sure as well that they were still restricted last week, so as far as I know mine became unrestricted this week. Also noticed that they went from 2890 shares under the CUSP to now only being 289 shares of TPID.
Oh, sorry about that.I have ameritrade and a few weeks ago several here were talking about how their shares were no longer restricted, just like mine.I thought that the only ones with problems were those that had certificates because they had to send them in to have the restriction lifted.
not true... mine are still restricted... anyone else using eTrade?
I check my account every couple of days and did not see it or notice it the other day.
Went over my account sometime last week and am almost positive it still showed the CUSP#.
Regardless, it's there now. Not worth much mind you but who knows what it may do down the road. Will hold for now, what's a little more time now that it's been 2 years or so. LOL
Everybodys are free trading since about 3 weeks.
Just noticed my account now shows my shares under TPID.
No longer restricted, no CUSP#
I didn't even apply to have them unrestricted. Anyone else have their shares in their account?
Exactly,if TPID ever goes to $20 without a R/S then that would mean that MacKay finally came through on something which until now is not the case.
I guess I am one of the lucky ones. All of the TPID I have came from dividends from SSTY which I then sold to about break even. I watch this in the hope that someday that dividend will actually be worth a little cash.
So according to your post,using 20 dollars as a reference point,if it went to that price,that would make this a good company???In conclusion,if the share price goes up high enough,the company is ok,if the share price goes low enough,the company is a scam.That is what I think you are saying,right?
The worth of my SSTY and TPID shares is all the proof that I need that MacKay is dishonest.Plus we have not heard from him in a couple of years.
You said"Those ongoing events mean nothing if they dont yield revenue, and the revenue means nothing if it doesnt come back to stock holders">>So you do recognize the importance of news items,then revenues will be forthcoming.What facts or proof do you have to back up this statement?>>"You can google all you want but MacKay is only in this for himself".
Those ongoing events mean nothing if they dont yield revenue, and the revenue means nothing if it doesnt come back to stock holders.Until now all they do is dilute,pay themselves and R/S.You can google all you want but MacKay is only in this for himself.
What does revenue have to do with searches???The answer to that is known in English,its the ongoing events,etc,that are important.
How have your searches translated to revenue? that was a rhetorical question
I have done my DD,and I also dont base my decisions and thinking on frustration over share prices.You can also include not havng a personal vendetta against MacKay.You also do know that by searching in Chinese(not found using English language search),that you can find news articles,events,and links that relate to your search criteria,but,you already knew that,right???
balihi, time did tell.
Do some DD... MacKay has been at this game for a long, long, long time and he has done an outstanding job lining his pockets for a long, long, long time.
Mark my words, if this company doesnt go bust and if MacKay doesn't get locked up in the next year, this company will be private after he runs his last and final round of dilution.
MacKay is a man of greed and dishonesty PERIOD
Drink more kool-aid Balihi- MacKay and Cimino are pouring.
2 1/2 years? That Chinese research must be the secret sauce- TPID has done so well for the past 30 months.
We already did bet on it and lost.Just look at your balance sheet in your portfolio.MacKay not only took away the value of your shares but he also took away your shares(R/S).Of course if you keep throwing out the lines "time will tell" and "anything is possible" then so be it.For me I have accepted the loss but cannot and will not forgive MacKay.I cant believe how many scam companies there are in the pink sheets and the SEC does nothing.But hey,"time will tell"right.
Dont bet on it!!
exactly surf, and guess what you have been wrong for 3 years and counting, geeze dude a grip
Time will tell,and then we will know who is right,and who is wrong,simple.
That is not correct.I cant convince you,or make you believe anytihng you dont to believe,all I can do is,do my DD and post what I have found out.If you wish to only see one side of the situation,thats your choice.Good luck.
I agree with both you and BookumDano.Its really a shame because the TPID technology had such a great potential and is just what China needs.But unfortunately for us investors a great technology is not enough to make a company succeed.MacKay sure screwed us all.
Let's also not forget that TPID is a security company where trust in senior management is key. Without that Trust, TPID is severely damaged.... No one trusts MacKay... that's why people leave the company. He boasts... and when they find things out to be false.. they leave...
And yes... Surf is delusional. It's the only explanation possible.
Don't forget GSFC being given the boot by the SEC to no mans land.......... Surf did not sell his GSFC but it is worthless to 99.9999% of the people who bought it, but it is a gold mine in Surfs brain.
You lose money if you sell or if somebody steals your shares in a R/S as TPID did or if your stock stays in the GRAY SHEETS and they give away all their technology as SSTY did.MacKay is dishonest and has had problems with the law.He has shown that he cannot be trusted.On the TPID website there use to be a list of agreements and contracts that were later removed and never PR´d.TPID has no revenues and continue to hire different CEOs for large salaries and millions of shares but we never get any results except for a pps that keeps sinking.If you think that you havent lost your money because you havent sold yet, then you are even more delusional than I thought.
Too bad you dont think,or dont want to see this objectively.As far as losing money,that only happens if you sell,and thats your decision,nobody elses.If I wanted too BS,I would,because thats easy to do.
Listen,you need to give it a rest.TPID exists just so MacKay and his buddies can steal our money and get rich.And even if 1 day they did change their ways it wouldnt do me any good because they already screwed me with the R/S.Most of us here have lost alot of money because of MacKay and for you to repeat your constant BS gets annoying.
Heres a little idea,try doing searches in Chinese,instesd of English,now use that to do what I have been doing for 2 1/2 years.
You forgot one,a person who has a better understanding of the reasons behind the many changes this company has gone through,and follows his or her own advice,but also doesnt allow message board posters to influence his or her thinking.
agreed! lol.... post of the month
It means that anybody that still has confidence in TPID is either working for the company,a paid pumper, or the stupidest person alive.
Is that supposed to mean something???
You're as transparent as a piece of glass surf.
yeah... I'm watching TPID's so called technology being sold for a "promise." This is a repeat performance by MacKay to steal yet another company's technology.
Form 8-K filed 10-20-08:
http://www.secfilings.com/filings/1011550/15413811/0001121781-08-000504/--K/True-Product-Id-Inc-files-SEC-Form---K-10_20_2008.aspx?EID=20D398C5A11D482FA63BDC3CF212C4F8
On October 19, 2008, the registrant, True Product ID, Inc. (“TPID”) entered into a binding term sheet with Saddington Limited (“SL”), a British Virgin Island company, wherein, among other things:
· SL has secured and will provide the total funding (approximately US$15 million) needed to implement the Chinese National Gas Tank Contract with the State General Administration for Quality Supervision, Inspection and Quarantine of the People's Republic of China (“AQSIQ”);
· SL will immediately begin and fast track the rollout of the AQSIQ Gas Tank Contract; and
· TPID is expected to receive from the 5 Year AQSIQ Gas Tank Contract alone of over US$15 million per year.
In addition to the necessary funding, SL and its affiliates bring the management, operational and technical expertise, related technology, and other resources needed to immediately rollout the AQSIQ Gas Tank Contract and other Chinese contracts. They already operate in the anti-counterfeiting / biometric/security arena; have their own advanced scanner, biometric, and security technology; and have successfully implemented contracts in China, Southeast Asia, and other parts of the world. Their representatives bring years of experience in corporate and institutional banking; corporate finance and governance; debt capital and other financial markets; equity capital raising; asset finance; project management and implementation; product development; risk management; and equipment leasing.
Under the term sheet, TPID will receive -- without any additional obligation to fund and implement or other risk or liability-- a share of the revenues from the AQSIQ Gas Tank Contract which is projected to be at least US$15 Million per year. SL will assume all obligations and rights of TPID, TPID Beijing and TPID Hong Kong to the AQSIQ Gas Tank Contract, the AQSIQ Gas Tank Joint Venture, and all other contracts in Asia. Within the next month or so, SL will infuse million of dollars to begin and fast track the rollout of the AQSIQ Gas Tank Contract. In due course, TPID also expects to receive significant revenues from the Chinese automobile and motorcycle parts, Chinese artwork, and Chinese pharmaceutical contracts without direct execution risk, contractual liability and funding obligations on the same terms as agreed with SL for the AQSIQ Gas Tank Contract. To that end, in addition to the AQSIQ Gas Tank Contract, the AQSIQ Gas Tank Joint Venture, and other contracts in Asia, SL will assume all of TPID’s, TPID Beijing’s and TPID Hong Kong’s fixed assets in Asia; all of TPID’s, TPID Beijing’s and TPID Hong Kong’s business in Asia; all rights to the intellectual property of TPID, TPID Beijing, and TPID Hong Kong, including S-DNA Taggants, Scanning & Detection Devices, KMAC Data Centre, Authentication Services, and any and all other anti-counterfeiting and security technology, and all trademarks, patents, marks and logos held or applied by TPID, TPID Beijing, and TPID Hong Kong; TPID’s interest in TPID Beijing; and the entire share capital of TPID Hong Kong. SL has already remitted funds towards the expenses of TPID Beijing and will also provide additional funds towards TPID’s expenses in the U.S.
Further, SL will use its technical, operational, and product development expertise and funding resources to continuously improve and commercialize TPID’s SDNA, KMACK, and other IP and technology in connection with the AQSIQ Gas Tank Contract and other Chinese contracts. TPID shall have the exclusive right to distribute the perfected technology outside Asia, including the United States -- for which SL will help oversee and provide TPID financial and other assistance.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 20, 2008 TRUE PRODUCT ID, INC.
I'm not selling my 1530 shares, I have followed this for too many years and even though I lost tons of money on ssty and tpid, why sell out now. I'm waiting for a good press release and a good pop in the price. I don't need the $150 so I will bank on this company actually generating some revenues over there in China and when they do, maybe I will at least be able to get my original investment back, if not, oh well.
All emails and phones are dead. Even MacKays own pumping site no longer takes inquiries.
With a little luck, this will be MacKay's address soon.
United States Federal Penitentiary
1300 Metropolitan Avenue
Leavenworth, Kansas 66048
In my opinion under 10 cents next week, unless they have some huge pump coming, in which they would start diluting anyway.
in my opinion
Oh I have been really happy with this pos, I made very nice jing playing the chart before the r/s, I have no free trading shares anymore, but I do own restricted shares, but they are worthless really, good luck
Yes, sold my restricted shares, never purchased any other shares. Happy to have it off my account
Good luck, hope it works out for you,
this management can kiss my azz
should have sold at .16 pre split, unless you are talking about your restricted shares(worthless by the way)
sold yesterday, I am out
Good luck to all
Phone and e-mail are gone... I just tried contacting the company about my restricted shares (yes mine still are restricted) and the phone numbers are disconnected and the e-mail bounced back. Is anyone able to contact them? If so, could you post the phone numbers and e-mail address? Thanks.
But look on the bright side, if she runs to 2.50, I can brake even........give me a break/////////////////////////////////HLSH
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True Product ID, Inc...TPDI...SPINOFF FROM SSTY
James MacKay,
It's a true shame how you have treated and misled shareholders. I would strongly recommend that anyone interested in investing in any of your companies read some of the statements that you have made in the past and delivered on none of them.
Moderator
100:1 REVERSE SPLIT ON 6/16/08
VIDEO ARCHIVE
http://www.suretrace.com/ir/chairmanscommunications.html
James MacKay video transcript
http://www.suretrace.com/ir/chairmansspeech_01.html
PRESS RELEASE ARCHIVE
http://www.suretrace.com/ir/news.html
MacKay and ERG
http://www.theaustralian.news.com.au/story/0,20867,21087271-643,00.html
About True Product ID (TPDI)
True Product ID (TPID) offers superior solutions for anti-counterfeiting and security applications. The Company produces revolutionary taggants, which bond on a molecular level, for anti-counterfeiting, asset management and security identification applications and is also a provider of integrated tracking devices and services that offer accurate and rapid results for a range of critical applications including:
http://www.tpid.com/
Approved Reverse Stock Split
On November 7, 2007 the Board of Directors of the Company voted to effect a 30:1 reverse split of the Company's common stock. On November 29, 2007, the Board voted to amend the ratio to 100:1. This action was then authorized and approved by the holders of a majority of the outstanding common shares of True Product ID Inc. authorized to vote. The Board then passed a resolution to effectuate the reverse split immediately, in accordance with all applicable rules and regulations pertaining thereto.
The corporate actions taken were authorized pursuant to shareholders written consent in accordance with the provisions set forth in Section 228 of the General Corporation Law of the State of Delaware and Article I, Section 7 of the Company's bylaws.
CONTACT
Mailing Address
1615 Walnut Street
Philadelphia, PA 19102
(215) 972-1601
General Information: info@tpid.com
Investor Relations: ir@tpid.com
Sales: sales@tpid.com
CEO
Wilson W. Hendricks, III
Former CEO's
Richard Bendis
William R. Dunavant
James MacKay
President
KeKe Wang
Chairman
COMPENSATION
Wilson W. Hendricks, III
On March 4, 2008, we entered into a new Employment Agreement (the "Employment Agreement") with Wilson W. Hendricks, III.
Under the terms of the Employment Agreement, Mr. Hendricks will serve as our chief executive officer ("CEO") for a period of three years. As CEO, Mr. Hendricks will report solely and directly to our Board of Directors. During his term of employment, Mr. Hendricks will earn a base salary of no less than $240,000 per year. In addition to base salary, Mr. Hendricks will be entitled to receive 500,000 restricted shares of the Registrant's common stock immediately upon completion of the Registrant's 100 to 1 reverse split. Mr. Hendricks will also have an opportunity to receive an additional 500,000 restricted shares of the Registrant's common stock at the end of the first year of his contract, based on his performance of certain performance criteria which the Company's Compensation Committee will determine after execution of the contract.
KeKe Wang
On January 14, 2008, we entered into an Employment Agreement (the "Employment Agreement") with KeKe Wang.
Under the terms of the Employment Agreement, KeKe Wang will serve as our president for a period of three years. As president, Mr. Wang will report solely and directly to our Chief Executive Officer, William R. Dunavant, and our Board of Directors. During his term of employment, Mr. Wang will earn a base salary of no less than $150,000 per year. In addition to base salary, Mr. Wang may be paid an annual bonus as our Compensation Committee determines in its sole discretion. Mr. Wang will be entitled to participate in and be covered under all welfare benefit plans or programs maintained for executive officers. We also agreed to maintain a term life insurance policy for Mr. Wang in an amount not less than $150,000 during the term of his employment. The policy shall pay 75% of its face value to Mr. Wang's estate with the remaining 25% to be paid to us.
Transfer Agent
contact info posted soon
Outstanding Shares
current OS will be posted soon
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