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On CACH, Agreed, SANDRA.
Again,as always, one only needs to glance at the ATS volume Report to see through all this MM Hi-Jinx. By the way,SANDRA have you noticed ETRF isn’t even showing on the ASK anymore and last week they were 100 shares at $3.00, on close? Everything is being run through OTCX (BID and ASK)
Below is a six week analysis I have done on the most recently published ATS Volume Reports.
The first set of numbers is the ATS Share Volume, followed by the number of ATS trades, followed by the week beginning date of the report.
Per: https://www.otcmarkets.com/otc-link/ats-volume
CACH,CACHE Inc Common Stock,"6,150",2,2021-09-13 21,900 on the L2 ; 6100 of which were 2 trades shorted down to .003 on 9.16 and 9.17 (1,100 on the 16th and 5,000 on the 17th); the other 15,800 were bought at .0044 and .0045 on the14thy and 15th.
CACH,CACHE Inc Common Stock,"50,000",1,2021-09-06 0 shares on the L2 HMMMM? WHAT’S UP WITH THAT?
CACH,CACHE Inc Common Stock,"78,714",4,2021-08-30 233,660 on theL2
CACH,CACHE Inc Common Stock,"157,670",11,2021-08-23 253,339 on the L2
CACH,CACHE Inc Common Stock,"20,600",1,2021-08-16 52,900 on the L2
CACH,CACHE Inc Common Stock,"169,478",10,2021-08-09 267,100 on the L2
Total L2 Volume for six weeks: 828,99
Total ATS Volume for six weeks: 482,612
It is obvious that shorts can't even get enough shares on the ATS to cover their short positions.
For example, PER :https://www.otcshortreport.com/company/CACH
On September 17th, all 5,000 shares were short.
There are no CACH preferred shares here; all common; including insiders!!
We know what we are holding here; which is why we refuse to sell.
Exactly, and that is why they don't want us buying anymore shares because they don't want it to run. That in itself is illegal; IMO.
Looks like FINRA just added another date (Sept. 2nd) for the CACH OTC short report; wasn't there this morning. Another 5,860 shares.
Per: https://www.otcshortreport.com/company/CACH
Also FINRA's direct website is now showing the Naked short shares at 20,593; down or up 7 from the 20,600 I mentioned earlier.
Per: https://otce.finra.org/otce/equityShortInterest
Exactly, SANDRA and they are borrowing our retail investor CACH shares to short which is why there have been weeks where the ATS volume of shares traded exceeds the volume reported on the CACH L2. That is impossible to happen, legally.
With regard to CACH short interest, SANDRA; Great point. Further to that, you will notice, on the OTC short report website, as of last week, it's only showing the date of August 13, yet if you put any other ticker in, you get everything going back a full 30 days. Another thing I found is the correlation of the last ATS Volume Report published for CACH; for the week of August 16th, and the most recent short interest as of end of August on the Short Squeeze website the total amount of shares short that have not been covered, is the same; 20,600.
And the ATS volume for CACH shows that as 1 trade
CACH,CACHE Inc Common Stock,"20,600",1,2021-08-16 The L2 showed 52,900 Shares of CACH were traded on that same week and like you stated the pps hit .01 and the majority of shares sold for .007+-.009+
Per: https://www.otcmarkets.com/otc-link/ats-volume
According to ShortSqueeze the shares still short is 20,600
Per:https://shortsqueeze.com/?symbol=cach&submit=Short+Quote%E2%84%A2
The point is, investors are willing to pay for these shares knowing full well they are undervalued at even .01, as that is merely their par value.
That is correct, SANDRA and with CACH, where we go one, we go all, including Michael Price; who is a 10% owner he paid a range of $1.65- $7 + dollars for. There are many other insider investors listed and no one is calling them bag-holders.
Per:
https://www.sec.gov/cgi-bin/own-disp?action=getissuer&CIK=0000350199 (Scroll down once you click on the link and you can open the actual form 4's by clicking on the "4")
By the way you can plainly see, Michael Price bought CACH shares not just for himself; also for his investors under his investment firm MFP Investors
Who is Michael Price?
Per: https://www.forbes.com/profile/michael-price/?sh=1010bde76379
This goes on to prove that CACH's Transfer agent has verified the share structure with the company at the very least, twice a year. We CACH Holders are Golden and we are not selling.
That is quite obvious and like we were talking about yesterday evening, SANDRA, any retail broker who tries to intimidate us by not allowing us to purchase shares of a stock that is not Caveat Emptor, let alone, not a Shell Corp., and is in Fact "Transfer Agent Verified", is going to be challenged for it.
In Fact when you click on the Transfer Agent Verified ICON on any stock on OTC's website, You will see a glossary of what this all means:
PER: https://www.otcmarkets.com/glossary#transfer-agent-verified
Transfer Agent Verified:
Spot on SANDRA, AND like I said, there is more to this than meets the eye. CACH is not some empty shell company and all the people involved in this reorganization are experts in the3ir fields.
Thank you for pointing that out about CACH, Excesiorvision. There has been no need to pump this ticker, as the companies involved in this reorganization are legitimate, with real revenues and revolving credit with legitimate non toxic financiers who only work with companies they know have the ability to grow.
To fully understand why there have been, in my opinion, many attempts to get retail investors to sell their CACH shares here, I am going to share some of the information I have discovered in performing my Due Diligence of CACH.
To simplify everything let's start with the entities, companies and players involved in this trade and reorganization:
1. Caché Inc. : Women's Upscale Clothing Retailer
2. Lillie Rubin: Women's High_End Brand Couture Retailer acquired by Caché.
Per: https://www.catofashions.com/
3. Cato Fashions : Women's Clothing Retailer offering mid price and discount clothing and accessories; carrying several stores including
CATO, Versona, and It's Fashion
https://www.genequityco.com
3. Generational Equity : "A leading mergers and acquisitions advisor for privately held businesses." They have five division within their Group, including: Generational Group, Generational Capital Markets, Generational Dealforce, Generational Wealth Advisors, and Generational Consulting Group.
Per: https://www.kerrconsulting.com/about
4. Kerr Consulting: Kerr Consulting is a premiere technology solutions provider— through automation, integration, and development, our digital transformation strategies have allowed thousands of companies to focus more on their core business.
Per: https://www.provisocapital.com/portfolio
5. Proviso Capita: "Proviso Capital was founded in 2014 to invest in strong and sometimes overlooked lower middle market companies in competitive niche industries." Proviso has three companies in it's portfolio, according to it's website. They are Algiere Construction, Kerr Consulting, which Proviso recently acquired, and Software Link, which Kerr Consulting acquired.
Per: https://www.provisocapital.com/portfolio
THE HISTORY OF THIS PLACE CACHE Finds itself in and how I believe it is all tied together.
The Beginning:
CACHE Files for Bankruptcy Chapter 11
Per: https://www.reuters.com/article/cache-bankruptcy-idUSL4N0V53GI20150204
CACH That is correct, SANDRA. It is quite obvious that there are certain parties, be they Hedge funds, MM’s, or Brokers, looking to get CACH shares on the cheap end. So if no one wants these shares then why is the stock so heavily manipulated? It is made to look as if there are no retail investors interested, yet we know that the MM's do not have to show the “All or none” CACH orders on the L2 as they typically are hidden away behind the 10K that appears on the bid and ask. You can also see on the Bid side who is closing what MM's are closing their bidding positions only to run the trade through OTCX or We also know that the weekly ATS (AKA Dark Pool)Volume Reports show consistent buying of shares and they are not able to get too many, some weeks even showing that the shares on the Dark pool exceed the shares on the L2, which makes no sense.
The first number in quotes is the amount of shares traded on the ATS the second number is the amount of trades , the date listed represents the week of,{As that is how they are reported by FINRA}. The next number is the amount of shares we see on the L2, which I have put up for 3-1-21 thru 5-17-21 which I added up for the corresponding weeks and the final numbers represent the shares traded on the ATS from the prior year.
Per: https://www.otcmarkets.com/otc-link/ats-volume
Below are the most recent ATS Volume reports:
CACH,CACHE Inc Common Stock,"169,478",10,2021-08-09
CACH,CACHE Inc Common Stock,"9,010",3,2021-07-26
CACH,CACHE Inc Common Stock,"68,809”,7,20210719
CACH,CACHE Inc Common Stock,"341,124",7,2021-07-12
CACH,CACHE Inc Common Stock,"106,000",6,2021-07-05
CACH,CACHE Inc Common Stock,"1,000",1,2021-06-28
CACH,CACHE Inc Common Stock,"59,968",7,2021-06-21
CACH,CACHE Inc Common Stock,"10,437",4,2021-06-14
CACH,CACHE Inc Common Stock,"9,900",3,2021-06-07
CACH,CACHE Inc Common Stock,"100,270",9,2021-05-31
CACH,CACHE Inc Common Stock,"10,200",2,2021-05-24
CACH,CACHE Inc Common Stock,"397,081”,16, 2021-05-17/ 1,342,400 / 355064 _{NAKED SHORT THAT WEEK}JUST THOUGHT I WOULD ADD THIS.
CACH,CACHE Inc Common Stock,"10,925",2, 2021-05-10 / 56,000 /103,393 shares in 2020
CACH,CACHE Inc Common Stock,"533,423",11, 2021-05-03 / 1,012,400 /32,597 shares in 2020
CACH,CACHE Inc Common Stock,"17,256",2, 2021-04-26 / 21,500/ 142,100 shares in 2020
CACH,CACHE Inc Common Stock,"188,845",8, 2021-04-19 / 255,500/ 6,600 shares in 2020
CACH,CACHE Inc Common Stock,"30,494",3, 2021-04-12 / 57,800 128,300 shares in 2020
CACH,CACHE Inc Common Stock,"21,067",3, 2021-04-05 / 43,600 133,000 shares in 2020
CACH,CACHE Inc Common Stock,"17,700",3, 2021-03-29 / 23,200/ 36,400 shares in 2020
CACH,CACHE Inc Common Stock,"61,440",5, 2021-03-22 / 101,642/ 15,500 shares in 2020
CACH,CACHE Inc Common Stock,"199,702",9, 2021-03-15 / 229,900 on L2 / 259,100 shares in 2020
CACH,CACHE Inc Common Stock,"360,704",17, 2021-03-08 / 607,700 / 71,000 shares in 2020
CACH,CACHE Inc Common Stock,"710,391",20, 2021-03-01 / 576,100/ 27,500 shares in 2020
They extend it with the words "May" , as in "We May" Etrade uses the same lingo. They want to scare people into selling.
The SEC is busy "Self Regulating" Successfully Enabling Crime
CACH Given the share structure of CACH, excelsiorvision, I believe it will go much further. One only needs to take a look at the insiders still holding shares and what they paid for them.
Once you've clicked on the link below, you can scroll down ans look at the buys and sells and I would pay close attention to Michael Price. who was a director at CACHE; The lowest he paid was $1.65 per share. Highest price $6.90 per share. You can check the form 4's, which this info is derived from.
Per: https://www.insider-monitor.com/trading/cik350199.html
In the words and inflection of the Late Great Fred Rogers of Mr. Rogers Neighborhood fame, "Can you say Undervalued, Children?"
Well that's one way of looking at it, however the amount of shares (the signals) and what's happening on the L2 each day is coinciding with the movement and suppression of the share price and given that most of these shares are being traded on the ATS, alludes to retail holders not giving up their shares.
We can agree agree to disagree. :)
I concur with you on CACH, SANDRA , and as I mentioned a couple weeks ago, I have more DD to share. You mentioned the market makers on the L2 and it is important that you noted there are 7 of them. I have seen tickers that trade in the tens of millions in share volume each day with less MM's.
To add to my ongoing ATS volume analysis, below you can see the last two weeks below. The ATS volume repo9rt of July 19th was the most recent stats that FINRA sent to the OTC
Notice that for the week starting 7-19-21, the CACH ATS Volume exceeded the L2 volume. That shouldn't happen, yet it has twice this year. That says a lot and as trader 53 has pointed out in his post on Tuesday, one just needs to look at the signals the Market makers make to each other to understand they need shares and given that all the shares traded the week of 7-19, came from the dark pools.
CACH,CACHE Inc Common Stock,"68,809”,7,2021-07-19, 59,100 on L@
CACH,CACHE Inc Common Stock,"341,124",7,2021-07-12 370,819 on L2
Speaking of Market maker signals, yesterday , 1,000 shares traded at .005 on the CACH L2 and according to trader53 that signals "Don't let it run"
Per: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165284235&txt2find=CACH
AND
Per: https://www.pennystockdream.com/Market-Maker-Signals
CACH Yes, SANDRA and if you look at the other ATS volume post I referred to in my last post, you can scroll down and see that on the week starting March 1st, the ATS SHARE volume exceeded the share volume on the CACH L2 by around 130,000. Proof in the pudding
That in itself infers CACH Phantom Shares.
CACH: That is correct SANDRA, in fact, we need not look further than the ATS Volume Reports to show how much CACH is being bought in dark pools.
Here's the most recent ATS Volume for CACH:
The first number in quotes is the amount of shares traded on the ATS the second number is the amount of trades , the date listed represents the week of,{As that is how they are reported by FINRA}. The next number is the amount of shares we see on the L2,
CACH,CACHE Inc Common Stock,"59,968",7,2021-06-21 / L2 Volume: 61,500
CACH,CACHE Inc Common Stock,"10,437",4,2021-06-14 / L2 Volume: 137,770
CACH,CACHE Inc Common Stock,"9,900",3,2021-06-07 / L2 Volume: 14,900
CACH,CACHE Inc Common Stock,"100,270",9,2021-05-31 / L2 Volume:170,988
CACH,CACHE Inc Common Stock,"10,200",2,2021-05-24 / L2 Volume: 197,400
I you want to see the CACH ATS Volume Analysis going back further, feel free to open the following link in another Tab and it will give you a better picture of what has been going on.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164160235
With regard to Body Central and Body shop, Veronica. Body Central Corp. was the parent company of Body Central and Body shop, as stated below from the same link.
Per: https://www.globenewswire.com/news-release/2013/02/05/521107/10020763/en/Body-Central-Names-Brian-P-Woolf-as-Chief-Executive-Officer-and-Member-of-Its-Board-of-Directors.html
Spot on, SANDRA, and thank you for your Candor and relentless tenacity in defending the longs who've invested in this company. I have been, like you, holding and accumulating shares in CACH for over four years.
I believe now is as good a time as ever to share some DD that my research into this company, CACHE, has afforded me.
I am going to start with Brian Woolf, as there seems to be some contention surrounding him.
It is true that Brian Woolf at one point stepped down from his role as CEO of Cache,. Fact is, he was CEO of CACH for eight years (2005-2013).
He left left CACHE to take over as CEO for Body Central,
Per: https://www.globenewswire.com/news-release/2013/02/05/521107/10020763/en/Body-Central-Names-Brian-P-Woolf-as-Chief-Executive-Officer-and-Member-of-Its-Board-of-Directors.html
"Mr. Woolf commented, "I am thrilled to be joining Body Central and look forward to working with the entire team as we continue to develop our brand and strategy. I am excited about the opportunity to grow the company, strengthen our junior business and increase shareholder value."
Mr. Woolf brings more than 40 years of specialty retailing and department store experience to the company. Most recently, he was Group President for Lane Bryant, Lane Bryant Outlet Stores and Cacique. In this role, he led all aspects of the business Mr. Woolf previously spent eight years at the helm of Cache as CEO. He has also served as EVP, and spent 20 years at Macy's/Federated Department Stores at the start of his career.
Founded in 1973, Body Central Corp. is a growing, multi-channel, specialty retailer offering on-trend, quality apparel and accessories at value prices. As of December 31, 2012 the Company operated 276 specialty apparel stores in 26 states under the Body Central and Body Shop banners, as well as a direct business comprised of a Body Central catalog and an e-commerce website at www.bodyc.com. The Company targets women in their late teens and twenties from diverse cultural backgrounds who seek the latest fashions and a flattering fit. Stores feature an assortment of tops, dresses, bottoms, jewelry, accessories and shoes sold primarily under the Company's exclusive Body Central® and Lipstick® labels.
Why is this important to the trade? Well, John Cato Founder and CEO of Cato Fashions Inc., in addition to purchasing the IP rights to CACHE Inc., on the same day; purchased Body Central.
PER:
https://seekingalpha.com/article/3213636-cato-looks-undervalued-and-could-see-further-lift-from-cache-and-body-central-ip-purchases
So it should be obvious that John Cato knew Brian Woolf from the retail industry.
So when Brian Woolf stepped down from CACHE, is when Jay Margolies took over as CEO. More DD to come.
CACH. Yes it is interesting, Liveingreenbay, and that info is public information, since 2016,w to provide more Transparency for all retail investors. I recommend more people use it. Below are the FINRA links you can use to learn more about the DD/Research tools available with regard to ATS trades. They have helped me not only with CACH, but also
other OTC stocks as well as NASDAQ and NYSE stocks; like CATO.
https://www.finra.org/filing-reporting/otc-transparency
https://www.finra.org/rules-guidance/notices/15-48
Spot on with CACH SANDRA11, and in my opinion, we are very close to a run. Further to what you stated, if you remember back in 2018 between June and July CACH ran to .06 and based on the DD I have done since, I am beginning to understand why. Given how many insiders still hold shares,
for the past year or so, I have been looking closely at the ATS Volume Report coming directly out of FINRA each week; subsequently listed on the OTC website. It's quite telling to say the least.
Why is this important? In a nutshell, the ATS stands for Alternative Trading Service.
Per: https://www.investopedia.com/terms/a/alternative-trading-system.asp
Alternative trading systems have become popular venues for trading. As of 2015, ATS accounted for approximately 18% of all stock trading since 2013. That figure represented an increase of more than four times from 2005.
The Securities and Exchange Commission (SEC) must approve alternative trading systems. In recent years, regulators have stepped up enforcement actions against alternative trading systems for infractions such as trading against customer order flow or making use of confidential customer trading information. These violations may be more common in ATS than national exchanges because ATS face fewer regulations.
The first number in quotes is the amount of shares traded on the ATS the second number is the amount of trades , the date listed represents the week of,{As that is how they are reported by FINRA}. The next number is the amount of shares we see on the L2, which I added up for the corresponding weeks and the final numbers represent the shares traded on the ATS from the prior year.
Per: https://www.otcmarkets.com/otc-link/ats-volume
CACH,CACHE Inc Common Stock,"397,081”,16, 2021-05-17/ 1,342,400 / 355064 _{NAKED SHORT THAT WEEK}JUST THOUGHT I WOULD ADD THIS.
CACH,CACHE Inc Common Stock,"10,925",2, 2021-05-10 / 56,000 /103,393 shares in 2020
CACH,CACHE Inc Common Stock,"533,423",11, 2021-05-03 / 1,012,400 /32,597 shares in 2020
CACH,CACHE Inc Common Stock,"17,256",2, 2021-04-26 / 21,500/ 142,100 shares in 2020
CACH,CACHE Inc Common Stock,"188,845",8, 2021-04-19 / 255,500/ 6,600 shares in 2020
CACH,CACHE Inc Common Stock,"30,494",3, 2021-04-12 / 57,800 128,300 shares in 2020
CACH,CACHE Inc Common Stock,"21,067",3, 2021-04-05 / 43,600 133,000 shares in 2020
CACH,CACHE Inc Common Stock,"17,700",3, 2021-03-29 / 23,200/ 36,400 shares in 2020
CACH,CACHE Inc Common Stock,"61,440",5, 2021-03-22 / 101,642/ 15,500 shares in 2020
CACH,CACHE Inc Common Stock,"199,702",9, 2021-03-15 / 229,900 on L2 / 259,100 shares in 2020
CACH,CACHE Inc Common Stock,"360,704",17, 2021-03-08 / 607,700 / 71,000 shares in 2020
CACH,CACHE Inc Common Stock,"710,391",20, 2021-03-01 / 576,100/ 27,500 shares in 2020
Now let's look at the years prior when CACHE ran to .06.
ATS Volume for The Run Days/Weeks in 2018 & 2019:
CACH,CACHE Inc Common Stock,"751,926",15,2019-09-30
CACH,CACHE Inc Common Stock,"469,774",35,2018-07-16
CACH,CACHE Inc Common Stock,"2,689,020",133,2018-07-09
CACH,CACHE Inc Common Stock,"1,403,114",96,2018-07-02
CACH,CACHE Inc Common Stock,"1,184,766",44,2018-06-25
Look at the volume comparisons and the price comparisons on the charts. as you put it SANDRA, it's all about the charts and share structure. ...more to come! It's show and share time ;}
CACH Au Contraire, in FACT, if I may be so bold ,it is Not a NEW Rule; it was written in Febuary of 2020
Here it is word for word...ETRADE and the likes have spun this baby to their liking, no doubt.
Per:https://www.sec.gov/news/press-release/2020-212
Here it is word for word:
FOR IMMEDIATE RELEASE
2020-212
Washington D.C., Sept. 16, 2020 —
The Securities and Exchange Commission today adopted amendments to Exchange Act Rule 15c2-11, an important component of the over-the-counter (OTC) market regulatory structure. The amendments are designed to modernize the rule, which was last substantively amended nearly thirty years ago, including to recognize advances in communications technologies. The amended rule enhances disclosure and investor protection in the OTC market by ensuring that broker-dealers, in their role as professional gatekeepers to this market, do not publish quotations for an issuer’s security when current issuer information is not publicly available, subject to certain exceptions.
“These retail investor-focused improvements to Rule 15c2-11 are long overdue,” said SEC Chairman Jay Clayton. “The technological advancements that have taken place since the rule was last amended enable us to require that information in the OTC market be more timely, enabling investors to make better informed investment decisions, and reducing fraud in these markets where retail presence is significant and, unfortunately, pump-and-dump and other frauds are too common.”
“The amended rule represents another important step in our tireless and proactive efforts to protect retail investors from being victimized by microcap fraud,” said Stephanie Avakian, Director of the Division of Enforcement.
Brett Redfearn, Director of the Division of Trading and Markets, said that “the amendments strike the right balance between promoting critically important investor protections while at the same time providing new exceptions that should make it easier for certain securities to develop a quoted market.”
Securities that trade on the OTC market are primarily owned by retail investors. Because broker-dealers play an integral role in facilitating access to OTC securities and serve an important gatekeeper function, Rule 15c2-11 requires broker-dealers to review key, basic issuer information before initiating or resuming quotations for the issuer’s security in the OTC market.
Prior to today’s amendments, certain of the rule’s previous exceptions permitted broker-dealers to maintain a quoted market for an issuer’s security in perpetuity, in the absence of current and publicly available information about the issuer, and even when the issuer no longer exists. Recognizing the ease with which information sharing takes place today, the amendments generally prohibit broker-dealers from publishing quotations for an issuer’s security when issuer information is not current and publicly available, subject to certain exceptions. Investors who have access to current and publicly available issuer information are better equipped to make informed decisions about how to allocate their capital and to counteract misinformation that can proliferate through promotions and other channels.
The amendments also are designed to enhance the efficiency of the OTC market and facilitate capital formation for issuers for which information is current and publicly available. Specifically, the amendments add new exceptions for certain OTC securities that may be less susceptible to fraud or manipulation, such as actively traded securities of well-capitalized issuers, and expand the scope of market participants that may comply with the rule’s required review of issuer information.
* * *
FACT SHEET
Publication or Submission of Quotations Without Specified Information
Amendments
Rule 15c2-11 (the "Rule") governs the publication or submission of quotations by broker-dealers in a quotation medium other than a national securities exchange. Before a broker-dealer may initiate or resume quotations for a security in a quotation medium, the broker-dealer must review key, basic information about the issuer of the security. The Rule allows any qualified interdealer quotation system (“qualified IDQS”) to conduct the required information review as well.
The amendments are designed to modernize the Rule to (1) provide greater transparency to investors and other market participants by requiring that information about the issuer and its security be current and publicly available before a broker-dealer can begin quoting that security; (2) limit broker-dealers’ reliance on certain of the Rule’s exceptions when issuer information is not current and publicly available; and (3) provide exceptions to reduce unnecessary burdens on broker-dealers to quote certain OTC securities that may be less susceptible to fraud and manipulation.
The amendments facilitate transparency of OTC issuer information by:
Requiring to be current and publicly available certain specified documents and information regarding OTC issuers that a broker-dealer or qualified IDQS must obtain and review for the broker-dealer to commence a quoted market in an OTC issuer’s security (“information review requirement”);
Updating the “piggyback” exception, which allows broker-dealers to rely on the quotations of another broker-dealer that initially complied with the information review requirement, to require, among other things, that issuer information, depending on the issuer’s regulatory status, be current and publicly available, timely filed, or filed within 180 calendar days from a specified period; and
Requiring that issuer information be current and publicly available for a broker-dealer to rely on the unsolicited quotation exception to publish quotations on behalf of company insiders and affiliates of the issuer.
The amendments provide greater investor protections when broker-dealers rely on the piggyback exception by:
Requiring at least a one-way priced quotation;
Prohibiting reliance on the exception during the first 60 calendar days following the termination of a Commission trading suspension under Section 12(k) of the Exchange Act; and
Providing a time-limited window of 18 months during which broker-dealers may quote the securities of “shell companies.”
The amendments reduce unnecessary burdens on broker-dealers by:
Allowing broker-dealers to initiate a quoted market for a security if a qualified IDQS complies with the information review requirement and makes a publicly available determination of such compliance; and
Providing new exceptions, without undermining the Rule’s important investor protections, for broker-dealers to:
Quote actively traded securities of well-capitalized issuers;
Quote securities issued in an underwritten offering if the broker-dealer is named as an underwriter in the registration statement or offering statement for the underwritten offering, and the broker-dealer that is the named underwriter quotes the security; and
Rely on certain third-party publicly available determinations that the requirements of certain exceptions are met.
The amendments also streamline and remove outdated provisions from the Rule. The Commission is also issuing guidance that provides basic principles and examples of red flags to facilitate compliance with the information review requirement.
What’s Next?
The Rule will become effective 60 days following publication of the amendments in the Federal Register. The Rule will have a general compliance date that is nine months after the effective date as well as a compliance date that is two years after the effective date regarding provisions to require an issuer’s financial information for the last two fiscal years to be current and publicly available.
Obviously CACH has until 2022 to publish their up to date financials.
On your ongoing Analysis of CACH, you are Spot on On excelsiorvision with your ongoing Analysis of CACH in FACT the whole ETRADE rule post left out much of the NEW RULE. And it is ETrade's rule. Case in point, Here's the email I got:
On September 28, 2021, new requirements take effect that will impact the market for—and value of—certain “over-the-counter (OTC) The new rules apply to “Pink No Information” OTC securities of companies that fail to publicly report and keep current financial and other company information and will restrict the ability of U.S. brokers, like E*TRADE from making these products generally available..
We know that CACH has updated it's share structure through their TA on a daily basis. so they are not withholding information, in fact I am going to be putting up some very important DD that will give people an idea why nobody has been selling their shares. The Brokers themselves and their minions have been complicit in this. Have I got some great stuff.
Spot on SANDRA.
Spot on, SANDRA11, in fact, I just took a glance at CACH on the OTC Short report for yesterday and Voila,
Per: https://otcshortreport.com/company/CACH 89%...
In terms of short interest, one only needs to visit OTC Markets on CACH and see the bi-monthly account of CACH to see the MM's are still playing hot potato games with the same 30K plus shares that they've been tossing around for at least 2-3 years now.
Scroll down to check CACH Short Interest
Per: https://www.otcmarkets.com/stock/CACH/quote
OHH the coincidence...OHH the Irony...
Reminds me of a favorite Clash song...London Calling ;)
Right on, I concur
CACH Correct Veronica and if you look at the CACH OTC market report Quote link listed below and scroll down once opened, you will notice that the same just shy of 33K of CACH Short Interest is still being tossed around and has not covered yet...Rules say that must be covered by 1 day..That short interest has been showing up every month.... HMMM
Me thinks Hanky Panky.
Per:https://www.otcmarkets.com/stock/CACH/quote
Good question...I have asked myself that many times; as well as investors who have been trading for much longer than me; many of whom worked on Wall Street and some here in Chicago at The Board of Trade. Then I read the following article:
https://theintercept.com/2016/09/23/big-players-little-stocks-and-naked-shorts/
CACH,I can answer that, Brando1975. It's clearly stated on the OTC Naked Short Report, which is taken directly from FINRA.
https://otcshortreport.com/company/CACH
CACH: I concur with You Sandra, in fact upon doing further DD this past week (In addition to the many hours over the past two years), now seems to be the best time to share it.
First off, relative to the ongoing conversation yesterday regarding LLoyd Miller III, a larger CACH Shareholder, Renee shared a link showing a SEC 13G/A filing by Mr. Miller and expressed as fact that he dumped his shares, yet a form 13 G/A is merely used to report a change in ownership in a company, and how filing one isn't necessarily based on selling one's position explained in the link below:
Per: https://rsmus.com/pdf/is_section-382-analyses.pdf
Spot on JMoney and it is quite apparent to see what is going on between the MM's, IMO.
Yesterday's volume, was the second highest of the month and 80% shorted with shares printed out of thin air.
Per: https://otcshortreport.com/company/DSGT
Then there's the opinion purely based on technical analysis:
Per: https://www.stockta.com/cgi-bin/analysis.pl?symb=DSGT&cobrand=&mode=stock
It's on, Greece! DSGT Uplist Effective today!!!!
https://www.otcmarkets.com/stock/DSGT/profile
Right on SANDRA; there's a reason MM OTCX showed up on the CACH L2
ALYI News Out:
PodCast Interview:
http://www.goldmanresearch.com/201901021228/Opportunity-Research/cannabis-ceo-roundtable.html
ALYI NEW NEWS RELEASE: Just off the Press!
Alternet Systems Announces Energy Storage Technology Developments Beyond Lithium
DALLAS, September 13, 2018 /PRNewswire/ --
Alternet Systems, Inc. (USOTC:ALYI) today announced a new corporate website designed to communicate the latest updates to the company's business. The updates have in part contributed to the company's recent singing of a $1 million order announced last week.
Alternet's new management came on board last year in conjunction with the acquisition of an energy storage technology company. In reaction to the company's first year of operation, management has updated the business to notably include expanding its development of innovative energy storage solutions well beyond lithium. The race for solving the global energy storage shortage problem is not necessarily about using lithium more efficiently or taping into a yet undiscovered new source of lithium. Any limitation on the availability of lithium is a separate issue and one convenient for commodity brokers that use a limited supply story, and an alleged demand to drive up lithium commodity prices.
Alternet has re-centered its strategy on finding innovative solutions to energy storage shortages, and those innovative solutions do not necessarily need to come from lithium-Ion based technology. The company is exploring a variety of energy storage research and development initiatives.
Graphene, for instance, has long been seen a subject of research for future energy needs. Other alternatives being researched include fuel cells, photosynthesis, solid state technologies, sodium-ion, solar, foam, aluminum graphite, and sand. Most of these are safer and more abundant than lithium.
Lithium is arguably central to the most currently viable energy storage solutions, but it is far from being the long-term best solution. Better materials in more abundant supply exist and just need to catch up to the research and development head start that lithium, for the time being, enjoys.
You can learn more on the company's new website about its expansion beyond lithium centric energy storage solutions in addition to its projects to advance energy storage technology through inclusion into electric vehicle projects and military application projects:
http://www.AlternetSystemsInc.com
Learn more about ReVolt Electric Motorbikes: http://www.revoltmotorbikes.com
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
Alternet Systems, Inc. Contact:
Randell Torno
info@lithiumip.com
+1-800-713-0297
https://www.otc-alyi.com/contact/
SOURCE Alternet Systems, Inc.
mr40, you have highlighted "CACH" as if it were a ticker for this entity which you have pointed out is under investigation. The ticker CACH belongs to Cache Inc.; the famous high end Women's clothing Retail corporation, formerly listed on the Nasdaq. It has nothing to do with the company you are referring to.
Per: https://www.otcmarkets.com/stock/CACH/profile
CACH Oh I know, SANDRA. I have been accumulating since the day CACHE came out of Chapter 11 and dropped the Q....I've done hundreds of hours of DD behind this ticker. I know what I hold.
Got that right, SANDRA, in fact, if one looks at the OTC short reports for CACH,and clicks the equity short interest tab and scrolls down; it doesn't take a rocket scientist to figure out the MM's have been playing Hot Potato with roughly the same 30K + amount of shares since this time last year...LOL ;)
Per: https://otcshortreport.com/company/CACH