Vision Industries Corp. (fka VIICQ)

[gail]

if you share some with me, i will share some of my ribs with you. i just put them in with my home made sweet bbq rub, to cook for 4 hours and will look something like this...

[OlinSain]

gona' get me some rocky road ICE CREAM tonight and not share with anyone. all mine for the taking.

[OlinSain]

oh! I see! kool!

[janice shell]

how do you know when the price goes up then?

Trades will hit the tape just as they always do.

[janice shell]

still not trading, yet.

Eventually it will. It may take a few hours, or a few days.

[janice shell]

per my broker, it appears viicq is out of suspension, as they said it would be, but not sure what list to check to verify that.

There is no list. But as you can see, OTCMarkets no longer shows it as suspended:

http://www.otcmarkets.com/stock/VIICQ/profile

[gail]

thats the world of penny stocks so you have to ride them with a 4 wheel drive.

[OlinSain]

sounds like a ride on a rocky road, real rough, if you get my meaning?

[gail]

when trades are placed. lets say that i want to buy some and i put my "feelers" out for .0004, but no one has any shares to sell there, so, then i go up to .0005, maybe i get some shares there (keeping in mind, 4's were all bought up the last day of trading, remember that?)

and maybe YOU have shares for sale at .0005 so, i buy your shares.

its rediculous that greys wont have a bid and ask but at least you can buy and sell, but just gotta have a match.

[OlinSain]

how do you know when the price goes up then? increasing the BID price in a trader's favor.

[gail]

i have a sell point, just waiting. not going to give it away. someone could have a bid in, like say, if i wanted to buy at .0004 but maybe no one has that for sale at 4, then the bid will sit.

or, maybe im selling at .0018 ... but no one is bidding that high yet, it will sit.

just like IGRW, it was trading in the greys but someone had to match the bid to the ask. its not as instant as in the pinks is all.

[OlinSain]

have you traded Gail?

[gail]

no, i had them before and you call in and tell them to offer the internet fee, and they will honor it.

whenever you cant place and order, they will honor that internet price, but you have to tell them.

[gail]

but orders can be taken now, just gotta wait until someone's buy matches someone's sell point.

[OTC Knight]

Good point

[lucky, mydog]

call your broker and ask. some brokers do not allow on line trading of grey market shares.

[OlinSain]

So if I'm trading VIICQ today. I will need to call TD Ameritrade and pay $45.00 transaction fee?

[OlinSain]

still not trading, yet.

[gail]

per my broker, it appears viicq is out of suspension, as they said it would be, but not sure what list to check to verify that.

[lucky, mydog]

but YOU will be here to make sure it struggles,

it won't need any help.

[gail]

but YOU will be here to make sure it struggles, was my point.

[janice shell]

I doubt that. Sometimes they don't trade at all for hours.

[gail]

welp, im sure you will be here bright and early in the morning, for its "coming out" of suspension. LOL.

[janice shell]

No, it is not "just like trading without Level II". Whether you use Level II or not, you know what the published bid and ask are. The MMs who publish them are required to honor those prices for the sizes indicated. In addition, they can move the bid and ask to make either or both more attractive to players. Also, they can sell (or buy) naked to meet demand.

With Greys, the MMs are facilitators at best. If a broker is unable to cross a trade, if he feels like it and has time, he'll call an MM or two, asking if they can match his client's order. But the MM is not obliged to do that. If he wants to take the trouble, he can try to come up with a match; if not, he doesn't have to do anything at all.

[gail]

but as we know, there is still a bid and ask out there...

...

if i wanted to sell at say, .007 and someone else selling at .006, maybe another .0008...

a "bidder" can put "feelers" out at .0004, and wont get filled if no one is selling .0004.

so, they raise their bid.. til they hit a seller.

its just like trading without L2 and not everyone has that anyway.

[janice shell]

Financials? What financials? VIICQ hasn't filed a financial report since August 2014, for the period ended 30 June 2014. At that time it had no revenue, and had never had any revenue:

The Company does not generate any revenue, and has negative cash flows from operations, which raise substantial doubt about the Company’s ability to continue as a going concern.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10150230

[janice shell]

VIICQ has over 450 investor's with 6 MMs.

VIICQ has no MMs anymore.

[janice shell]

VIICQ is suspended. The suspension will be lifted at 11:59 p.m. tonight, and the stock will be eligible to trade as a Grey tomorrow morning.

https://www.sec.gov/litigation/suspensions/2016/34-78069.pdf

[OlinSain]

VIICQ is a major retailer in the zero emissions industry. what you talk about? 500K is correct from reading financials at my end. up,up,up, you know UPPPP.

[gail]

but til midnight.

[johnny smartask]

500K in sales every month?

What are you reading ... they never even did 500k in their entire history, let alone per month.

[OlinSain]

companies the SEC permanatly revokes the security have two or three investor's with no MMS. Does VIICQ look like that with 500K in sales every month?

[OlinSain]

I know. The order says the 28th of June. Okay tomorrow then.

[johnny smartask]

LMAO You are correct. Because they are already out of business.

VIICQ isn't going out of business any time soon.

[gail]

once again, it can not trade until.........

..

tomorrow when the suspension is lifted. i tried to explain this to you over on roach's board too.

but the other thing is, they put us in the lower tier, called grey sheets.

you wont see our sell points like you can in the pink sheets. but if someone's buy matches our sell point... then it will trade.

make sense now? hope this helps.

the suspension i think is until midnight tonight. something like that.

[OlinSain]

VIICQ has over 450 investor's with 6 MMs. VIICQ isn't going out of business any time soon.

[OlinSain]

I tried selling my shares still no go, what is up?

[janice shell]

The shell isn't really worth anything, because any party who took it over would have to catch up with those SEC filings, and do it very quickly. It would be easier just to start out fresh. And of course if a successful company were to buy the shell, VIICQ's creditors would expect that new company to satisfy their old claims.

[Pocket9s]

I live in California. Original point is that our corrupt form of securities regulation and governance dates back hundreds of years.

[pennystock_es]

It's the end of VIICQ? can not be subject to Merger? who is interested in the revoked ? my investment in VIICQ is $ 0 ?

[janice shell]

Canada? Canada isn't exactly an aggressive securities regulator, so I'm afraid I'm missing your original point.

[Pocket9s]

Ca. And yes the American legal system is a corrupt reinterpretation of the medieval church. Read "The Folklore of Capitalism" by TW Arnold.

[gail]

good, stay away then.

[gail]

ok, thx for the info.

[janice shell]

Not really. Where are you from?

[Pocket9s]

The US is a theocracy.

[janice shell]

Not really. Bureaucracies are inefficient all over the world.

[Pocket9s]

That is why America is such a STUPID country.

[janice shell]

God only knows how the SEC chooses. It does seem random. On the one hand, they're still catching up with companies that haven't filed since the late 90s. Why don't they deal with them all at once? Most are defunct by now, and will not be objecting.

They also seem to send delinquency letters to some companies that haven't been delinquent as long. How do they decide who gets letters, and who doesn't? I have no idea. The companies are supposed to reply to, and act on, the delinquency letters. Many don't bother. So after about a year--but sometimes two years or more--the SEC initiates an administrative proceeding to revoke registration.

But some long-time delinquent filers somehow manage to fly under the radar.

[Pocket9s]

So how then are suspensions decided upon, randomly?