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ZMDC registration revoked:
https://www.sec.gov/litigation/opinions/2021/34-92942.pdf
ZMDC SEC Suspension for severely delinquent Financials:
https://www.sec.gov/litigation/suspensions/2021/34-91912.pdf
Order:
https://www.sec.gov/litigation/suspensions/2021/34-91912-o.pdf
Admin. Proceeding:
https://www.sec.gov/litigation/admin/2021/34-91911.pdf
PINK CURRENT today. https://www.otcmarkets.com/stock/ZMDC/disclosure
Seems a large converted debt $10M shown in the filing, I need to check it again I remeber I saw it before.
ZMDC is severely delinquent in filing their Financials and corporate filing obligations to the SEC. On Feb. 20, 2015 the SEC suspended 8 stocks from the Delinquent SEC Filers list, and it is likely that more delinquent Filers will be suspended.
Since Jan 1st, 2010 the SEC has suspended over 1290 stocks for Financials delinquencies. All of those Suspended stocks had their stock registrations revoked.
Shareholders should contact the company and pressure the Mgmt to file their delinquent Financials because ALL shareholders would be wiped out IF the SEC suspends the stock.
ZMDC is on the list of delinquent filers:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110680509
So they are staying a shell for 1 year? Or are they preparing to just uplist automatically with an audit? I will have to call to see what is going on.
Leave it to a Chinese co to go public and do this. And why arent they reflecting their sales and still calling themselves a shell? I am very disappointed in this pps right now and how they are running this. Go figure. Never trust a Chinese co when going public. They have no clue what to do.
Marketing Acquisition Corp. changed to USA Zhimingde International Group, Corp:
http://www.otcbb.com/asp/dailylist_detail.asp?d=02/06/2013&mkt_ctg=OTCBB
Note to company if you are listening:
Talk to your shareholders. Issue Press Releases frequently. Do it the American way. There are many Chinese ways that are better than Western ways. But when it comes to the public stock market you have to do it the American way.
I am looking forward to the coming name change. Put a Press Release when that is complete. Going public and finishing the process is news worthy.
People are c*ck blocking on the ask. These folks really want out. Guess they have been holding these shares for years and want out of dodge. Might as well of just gone with the .95s Not too far from the 1.20s. Sell 1k a day and maybe NITE would absorb all of them in a couple days.....
I would like to see some more MMs joining the table here soon.
MAQC changed to ZMDC:
http://www.otcbb.com/asp/dailylist_detail.asp?d=01/14/2013&mkt_ctg=OTCBB
I see. They are still on the PRE14 so once the DEF14 comes out they can do the Name and CUSIP change through FINRA. This stock has uplist written on it.imo Lets see what this Chinese/American co is made of.
Symbol change. Name change should be coming next.
SYMBOL CHANGES
13:02 1/15/2013 MAQC ZMDC Marketing Acquisition Corporation Common Stock **
Just put all the shares you have up for grabs at 1.02 and see if someone takes them.
Looks like someone has a bunch of shares and selling them in the good ole ladder sale. 2k here 2k there 2k everywhere.
I had a gut feeling this could be big. One from experience and two just looking and getting a feel for it.
Check these videos out. This product may be a big deal. We just dont know about it in the US yet. I think this stock is doing a cheaper route for a uplisting to NASDAQ.
I have a rule not to buy any more OTCs but I may bend that rule here. Probably because I know this stock. And I know GL.
MAQC float is approximately 165,705 but could be less if some of that was tied up in old insider cert shares. So its possible its less than 100k.
Even though 1.00 is expensive on penny stock terms and on IHUB terms it still may be cheap in terms of this RM. I dont know how extensive their product is in Asia or Europe or if they meet the standards of NASDAQ but Glen Little does these Round Ups and keeps 300 plus shareholders for a reason.
The penny market is gone. Well at least the RM and shell market practically. All the old shell buyers who would buy a 1.00 stock I have seen wither away over the years. Now we are left with .00 pumpers and 2 week promo'ed stocks.
But with that being said there is still enough beginning juice in these plays for little people like us to swing out of with nice profits. Im wondering if they will eventually uplist this stock. And if they do you know the stock price will be 5.00 to 10.00. Watching and waiting.
MAQC nice to see that ask get hit. I'm patient, but 1.8 million outstanding shares has me eager to see this unfold.
I think you will get $4.00. There is something behind this RM. Imo
i have two accounts with 100 shares each myself. i didn´t want to sell for less than at least four dollars. so those shares will keep buried for as long as it takes to get there.
I dont think there are many available. Just the people who did the round ups in multiple accounts. You know Glen Little does those round ups for a reason.... To have 300+ holders in case of a uplisting.
Only reason I am doubting someone will slap is I know who slapped most of those hits last few times and I dont think they are getting any more.
And there doesnt seem to be much interest on IHUB. Most of the 1.00 players have left and the rest of IHUB play .00s bc they think they will make more bc they get more shares....
question is, how long will the .51 bid wait to go back to snap up those 600 shares at 1 dollar. there don´t seem to be many shares free trading.
Yes most of recently but it was sometimes on sometimes off. It was off for a long time but one day when it got volume it stayed there a while. It has traded .12 and below if Im not mistaken before.
if i remember correctly, the .51 bid was there most of the time in the last years.
I dont think we will see much more slaps on the ask until the deal gets done. Prob just bidwhacks from here if the bid gets higher than .51.imo
LOL you can see that people have an average of 12 accounts for the roundups.
Good deal. Cant beat that price. It may go higher but its all about the %s I say. If you can make 1000% on something like this then thats a good trade.
I sold my roundup shares yesterday. 5 years of waiting!
I had an open GTC order, so I didn't get time to see any of the news before my shares sold. At least I got filled at $1.25.
You'd be surprised how long some will hold. They have some patient people in the shell market. People who will wait 10 years if they have to.
that was 2008? i guess most sold after the split.
This had a 100 share round up a while back. So there will be pockets of 1-2k shares people received for next to nothing that they will take profits at 1.00.
But as Glen Little has shown before. Hits RMs blow past those little pockets.
This might be a little while in the making but who knows maybe it will move up quickly. Still have to do the name and symbol change and all. But I think they will get the word out on this one well. Their headquarters just moved to Manhattan from Beijing. This is a good sign.
tomorrow lift-off
It seems IHUB shell hunters have forgotten the way. They are missing out.
1.25x1.50 1300x100
That is presumably a very smart person.
bid already follows
another 4 HOD trades
there goes the next trade - 2.1K - day high $1.24
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