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Real great evidence to support your argument. I am not wrong and I know securities laws very well.. Hey I sound like someone else on here. I am a genius and I rule the Earth. You SHALL NOT PASS CDFT. YOU SHALL NOT COLLECT 200 DOLLARS. I'm sorry HOkie, are you running out of things to argue against my truthful and factful findings?
Lol from your post....If FINRA determines that the request is deficient and not processing is necessary to protect
investors and the public interest and to maintain fair and orderly markets.
Please tell me where this filing would hurt the investors and not be in the public's best interest. Pleas I beg you.
Why don't you go read what I just posted. Please direct me to links showing that FINRA did not accept the filing of something. I don't see that anywhere. They simply request additional verification. Thanks, and maybe you should catch up on your securities laws :)
You can start reading here:
Issuer ObligationsUnder NewFINRARule 6490
FINRARule 6490 (Processing ofCompany-RelatedActions) codifies the requirements in
SEARule 10b-17 for issuers of a class of publicly trading securities to provide timely
notice to FINRA of certain corporate actions (e.g., dividend or other distribution of cash
or securities, stock split or reverse split,rights or subscription offering).Generally
pursuant to SEARule 10b-17, issuers must notify FINRA at least 10 days prior to the
record date for such corporate action. Issuers must also notify FINRA of certain other
corporate actions (e.g.,the issuance of or change of trading symbols,mergers,
bankruptcy) no later than 10 days prior to the effective date of the company action.
Issuers must complete the required forms and pay the applicable fees within such time
periods or they will be subject to late fees and delayed processing of documents to
announce corporate actions.
The new rule further permits FINRA to request other documents that may be necessary
to verify information issuers provide on the forms. FINRA may, in its discretion, conduct
detailed reviews of submissions, on a case-by-case basis.Moreover,the new rule
authorizes FINRA to not process a request to announce a corporate action if FINRA
determines that the request is deficient and not processing is necessary to protect
investors and the public interest and to maintain fair and orderly markets.
http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p121988.pdf
So here's your issue. There is a key word. "Would" they can if they like but they don't do it for all and only when there are Indictators of fraud which there are known. I'm guessing Gary has the papers all ready to be filed. So once again, still waiting for proof that FINRA must approve or deny a distribution. Nice try? Shall we go for round 2? Your humble leader seems to think that FINRA must approve anything...very wrong on that thought. That's like saying that any big board stock issuing a dividend must get it approved lol. Maybe FINRA looks at all there applications too?! Oh my gosh I just blew my own mind.
Still trying to find where it's written that FINRA needs to approve or can reject. If you know the securities law, they simple pay the fee and file the forms. There is no approval lol. My securities lawyer next to me is cracking up reading all these posts. Have a nice day.
So remember in the filing the impairment of the gift cards? By my calculation, had the impairment not been done, which i think was definitely a very smart idea. Had the impairment not been done, Total assets would be ~30 MILLION Dollars!!!!!!! THAT IS ENORMOUS. I think were on to something with this company. Kathy sure knows what she is doing issuing preferred shares rather then paying cash and common stock for acquisitions which would insanely dilute the market. Smart and Savvy CEO.
2 Forward acquisitions that increased the assets 5 million dollars and if you understand what taking an impairment is you would realize that they did that considering they have had no economic gain from it previously. An impairment is discounting the price of a good considering that it has not been benefiting the company. Essentially between full value and write off. To me with positive net income for the quarter. WE should see positive net income for the 10K and things are looking great here.
Member Marked you bud. Couldn't agree with you more.
Well then I must be beautiful. appreciate the comment.
One word to describe how CDFT is continuing to move forward.....BEAUTIFUL. Uplist nearing every single day.
BRAV down 1 percent on barely any volume. Wonder where all the buyers are. Seem to have fled the scene. Oh well. Maybe tomorrow will be better for you. 229K in volume equaling a littler over $2 grand in trades. Hmmm.
I'll put an order in for .00001 and see if i get filled in the next 60 days.
Wonder if Kathy has any interesting surprises int he Q. Really looking forward to dissecting that filing to see what Kathy has done in the last quarter. She seems to know exactly what she's doing from the few communications I have had with her. Go KATHY!!! $ARNH
My guess is DSCR has big things coming. I love getting these little bottom plays. Throw a few hundred bucks and just set a sell order and wait. I think DSCR has big things in future. In their filing, debt was severely reduced. I wonder what exactly there doing next.
Couldn't agree more. CDFT is looking sweeter every single day. Glad to be here and a shareholder of record. All those who hold will be very happy. My guess is we get some more juicy news soon.
What is that. Never seen that form before.
You guys are all correct. He got rid of Asher and I thought that was the big turnaround but instead he gagged the TA and maxes out the share structure. It's sad to caus ethics company had a lot going for it. Unfortunately not anymore.
Major support broken, downtrend in my opinion. Bearish looking signals. GLTA
Actually there is not, when you're asked by the company to reconstitue the float, rule 144 does not have an effect therefore, there is no 6 month wait.
They won't be worthless once the registration comes.
this isn't event he beginning...crack .056 and that will bring in a lot of new buying due to breaking above the upper bolli
Where's your evidence of a scam?
Brav testing a major support line
Check out the bid side now. Almost 10 million on the bid at .0005
8K out any second, only reason why we have seen buying like this which we have not see in a while.
I know. Would be interesting that's all. If anyone files a report use the ref number provided.
Seriously. Why not hold a CC and explain what's up with the ridiculous op expenses. Let him hear from the shareholders.
All he cares about is his own and his families pockets.
I agree with you. I've tried to reach out tot the CEO. I emailed him and his response months ago in the decking stock price was this "a great opportunity to average down" that is a direct quote. It's unbelievable. I have money in this and it's sad that I have been left with oohing but to be able to file this. He has never responded to an email from me since that email literally 6 months to a year ago and now with a gagged TA....I just don't know.
I'm guessing we get some big news soon. With all that's going on, there must be something big in the works.
If anybody feels the need to report the misconduct done by this CEO not to mention the breach of fiduciary duty use this:
TCR Submitted Successfully - Reference Number: TCR1376965617041
It likely won't do anything, but its something rather then nothing. Unfortunately I don't think I'll ever get any of my money back.
This CEO is unbelievable. Padding his pockets at the expense of the shareholders. Pushing fluff PR's. Didn't his PR's say that revenue was increasing, well for the 3 months ending June 30 2013 as compared to the prior year in the same quarter, revenue decreased almost 50%. This is a joke. I can't sell this stock unless I want to take an enormous loss. Freakin joke of a CEO. THis is all he does. Keeps upping the A/S increasing the shares all to his family members for BS services as he calls them. As much as I hate to say this. I am not one to bash a stock I own especially if I believed in it but after being a bagholder in this POS for too long and watching this CEO dilute the crap out of this stock and screw over the shareholder's every single day, I am filing a complaint with the SEC. Now many of you will say its unlikely that it will do anything, you are probably right. But I'm sick of doing nothing even if this is the only thing I can do. I will post the Reference number as soon as I am done. There is nothing left. This CEO is going to continue to dilute the stock and pay himself and his family members millions of dolalrs. I mean look at the increase from a year ago. 2200% percent increase in salaries and wages not only to mention paying himself a divdend. REally cares about the shareholders. REference to come shortly.
Brav down 12.1% on just under 1.5 million shares. Rough day here.
Chart shows support at one but if it breaks that it's likely to see a drop between the .0080-.0095.
GLTA
Maybe because he has stated he plans to move assets into the company. Please read the PR as it says it straight in there. Any assets that get moved from his company to CDFT I will go out and gander are worth at least some pretty pennies.
.......Any day now. Getting old here waiting for NHYT and there filings.
This is just the beginning. The fun is just getting started here.
You realize as the CEO of any company she has to put her name on all the filings. Lol did you know that she as the person running the company has to certify them all correct. I think it would benefit you to look gn how things are filed on the big boards
First of all, it's BAR LOUIE and there are 3 of them, I wonder if they can get the rest of them to sign on. Why don't you go fly to the Dominican and take a picture of the villa for me, now that would be some great DD
Very comical how you can't even get the companies name right when it's been posted here a hundred times.
Actually see your wrong there. Let's see, the company is in the process of registering the shares. CHECK.....How do I get the legend removed? Oh that's right, registering the shares and letting the company uplist. CHECK....transferring them into a brokerage acct. While I could do that, I'd rather just let the underwriter do it. Oh that's righttttt, you do remember that there will be an underwriter right Hokie? Cmon, you couldn't have forgotten about that? We're to have a registered stock promoter and an underwriter. I think once people see what Gary has up his sleeves, which I'm sure he has been hard at work building, people from all over will flock to buy this company. Hell, once I get soem free cash I'll slap the ask. No need to sit on the bid, because I believe this company is undervalued.