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No, but price increased also
???
WTAI traded 276000 shares today on the grey mkt. Anyone have any idea what, if anything is going on with it. TIA
More detailed...
http://www.sec.gov/Archives/edgar/data/1028130/000107997410000029/xslF345X03/primary_doc.xml
*2 Petro Hopeful*
*SIST*
Must have.
Harley
Well,
They were given 21 days from June 03, 2010 to file something. Today is June 25, 2010 (22 days)and the stock is not revoked as of yet. They must to have filed something.
*2 Petro Hopeful*
*SIST*
Unless WTAI can take care of this issue, the shares will be revoked very soon. WTAI will in essence be toast unless they can produce the required documentation. It does not matter than Hawkins didn't do any research about the company before he took over as CEO (are you kidding me!!) Good luck with this, because they are the facts.
Respondent is delinquent in filing its twenty-four most recent periodic reports, including two quarterly reports for 2004, three quarterly reports for each of the years 2005-2009, one quarterly report for 2010, and annual reports for the years 2004-2009.3 Id
It is undisputed that Respondent failed to file its last twenty-four required periodic reports since the period ended March 31, 2004. Respondent has violated, and continues to violate, Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder
http://www.sec.gov/litigation/aljdec/2010/id397rgm.pdf
Harley
keep up the reach dhrr06, you are bringing up quite a bit of information on WTAI.
http://www.vanbroekeconsultancygroup.com/Stock_Fraud/stocks-and-shares-fraud-w.html
It's down in the middle
That is, if the final decssion is to revoke the WTAI stock. We'll have to wait and see.
You are right about that reflecting on what is going on currently.
*SIST*
The company operated in a shady dark past...yes, it does clear it up....the reflection, is what we are seeing today.
Looks like they already cleaned this up several years ago. Hope this helps.
http://www.sec.gov/litigation/litreleases/lr17993.htm
http://business.highbeam.com/1816/article-1G1-97992511/world-transport-authority-responds-lawsuit
http://business.highbeam.com/1816/article-1G1-99301918/world-transport-authority-announces-resignation
http://www.sec.gov/Archives/edgar/data/1028130/000102813003000023/f8k-091603.txt
GLTY
*SIST*
Some history of WTAI. Looks like they had some clean up, and has it been done yet?
http://www.justice.gov/usao/nys/pressreleases/February03/normanindict.pdf
Bravo19, when WTAI is Revoked, it will cease to trade and cannot be revived...ever.
That conclusion was determined by the rules of the stock market. Hopefully somebody did not tell you something totally different.
Good luck.
Bravo19, when WTAI is Revoked, it will cease to trade and cannot be revived...ever.
That conclusion was determined by the rules of the stock market. Hopefully somebody did not tell you something totally different.
Good luck.
And, how are we coming to this conclusion, with out any evidenice pointing that way. More mminless rattling, LOL!
Control of a soon to be de-registered stock...smply amazing business sense this man displays, over and over! LMAO!!!! OMG this is too much....
Thanks for posting Pooper. This definitely shows that Owen Hawkins/Petro America is in control of WTAI.
It did say initial decision, I expect they have a chance to appeal, before it becomes final or changes,
Harley
I think so, to bring WTAI and PTRZ all under one roof.
For a stock to have all of its shares revoked by the SEC, there are still 85K plus moving through the market today. Pretty amazing.
Thanks Pooper. No trades today yet, but it's early.
Owen Hawkins....what a savvy' business guru this guy is ...LOL!
Counsel for the Division of Enforcement (Division) and representatives of WTAI participated in a March 26, 2010, prehearing conference. WTAI acknowledges that it failed to comply with its reporting requirements but argues that its registration should not be revoked. On April 7, 2010, WTAI's Chief Executive Officer filed a Notice of Resignation of William C. Kennedy as Chief Executive Officer of WTAI, noting that as of March 23, 2010, Owen I. Hawkins (Hawkins) was WTAI's new Chief Executive Officer. Hawkins participated in the March 26, 2010, prehearing conference as a representative of WTAI. He represented that WTAI had been acquired on March 24, 2010. Id. He also noted that he was not familiar with the issues alleged in the OIP, but that he wanted to resolve the issues with the Commission so that WTAI could remain in good standing. As of the date of this Initial Decision, none of WTAI's delinquent filings appear in the Commission s EDGAR database.
I believe so....not sure how this will effect them, though.
Are these the same shares Petro just supposedly "bought"?
An Administrative Law Judge has issued an Initial Decision as to World Transport Authority Inc. (Initial Decision), in Administrative Proceeding No. 3-13804. The Order Instituting Proceedings alleged that World Transport Authority, Inc., failed repeatedly to file required annual and quarterly reports while its securities were registered with the Securities and Exchange Commission. The Initial Decision finds that World Transport Authority Inc., repeatedly failed to file its required periodic reports, depriving investors of access to key financial information. As a sanction, it revokes the registration of each class of registered securities of World Transport Authority Inc., pursuant to Section 12(j) of the Securities Exchange Act of 1934.
We have a small uptick in WTAI today, that's good sign. We'll see if this is a trend.
Harleyboy, I'll keep mine post on the business of WTAI, if you do the same, and not make any outlandish comments/statements about the company, which cannot be proved out or verified.
Please keep your discussion focused on the stock, not the moderators or posting habits of the board. Also, please refrain from any mention of Petro America buying this it cannot be verified, unless you have proof to support your claims.
Harley
Thanks Pooper, the realtime one is good....that's the one I had lost....good to have it back....have a good evening.
This is one - pretty nice
http://quotes.freerealtime.com/dl/frt/S?IM=quotes&SA=quotes%7CTime%2526Sales&symbol=wtai&type=Time%26Sales
and here is another
http://www.marketwatch.com/investing/Stock/PTRZ
I look at both of them = for both PTRZ and WTAI on each one, I just change the symbol
All I could find was totals -
There is a website, and I had it in favorites, but my computer crashed, and I lost it. You wouldn't remember what the link is, would you?
Do you know how many different sells...did one buy them all, or was it broken up in several sells?
I think 150,500 =
Did any one pull information of how many sells there were yesterday? Just wondering....it had quite a few shares sold, and was wondering about the break down. Thanks in advance.
WOW, first a moderator, and now an assistant. All this, for a board that has been in existents since 2000, and with only 575 posts to date. Let’s see, that works to around 60 post per year, and about five post per month. Looks like now that Petro America has purchase WTAI, this board is now in need of a lot of help
ok, we broke the silence...a little action now....not a bad price for a 1000 shares....this stock is down a bit.
Very strange - - - they had such a large volume there for a bit.
Both have been quiet
dhrr06, you can ask about any information that you want. I think the best source will come from the Petro Office. You are correct Petro America did acquire WTAI a few months back. You may not see much information on the merger until they get a little further down the line.
Do you have a problem with individuals seeking information and doing DD on stocks? Owen said he acquired it....I'm looking for that acquisition information. Simple, really. But I knew you'd have a problem with that, because you don't want anyone knowing anything about these stocks....I wondered why, and have come to think, you have a vested interest, MORE than just being a shareholder....lol....What am I expecting????
The truth........
What are you expecting dhrr06?
yes 3/25 call
Kansas board Post # 1305
Thanks, looks like nothing filed since Feb. 2010. Still old owner. Kennedy, I think.....
Still looking. When did Owen announce it? What date? Wasn't it over 1 1/2 months ago?
No, I don't. Only from call of Owen 3/25 alluding to acquiring WTAI. Not sure what/how - or if.
Post # 1305 on Petro Kansas board
P
I did a search in the SEC website to check latest filings, and can't find where Petro owns this company. Do you have any link that shows ownership? Thanks.
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An Administrative Law Judge has issued an Initial Decision as to World Transport Authority Inc. (Initial Decision), in Administrative Proceeding No. 3-13804. The Order Instituting Proceedings alleged that World Transport Authority, Inc., failed repeatedly to file required annual and quarterly reports while its securities were registered with the Securities and Exchange Commission. The Initial Decision finds that World Transport Authority Inc., repeatedly failed to file its required periodic reports, depriving investors of access to key financial information. As a sanction, it revokes the registration of each class of registered securities of World Transport Authority Inc., pursuant to Section 12(j) of the Securities Exchange Act of 1934.
The Commission temporarily suspended trading in the securities of this issue due to a lack of current and accurate information about the company because they have not filed periodic reports with the Commission in over two years. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).
In other words, the company appears to be defunct, and only exists as a shell corporation. From OTCMarkets: www.otcmarkets.com/pink/quote/quote.jsp
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Last available share structure information: www.otcmarkets.com/edgar/GetFilingHtml
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