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"How can I buy FWDG?"
Only problem V and Telogis has nothing to do with shareholder equity in RMTD.
Since the largest shareholder of RMTD approved the sale of the remaining assets that hold any value to Telogis, there’s nothing illegal. Followed by Verizon purchasing Telogis, it’s a private company LoL. Shareholders of RMTD have nothing to do with Telogis.
My deepest apologies
“I would be on the phone with the legal department at Verizon to see what they had to say about any legal liabilities they think that they have, or do not have, regarding their purchase of Telogis (who purchased at least part of Remote Dynamics).”
"Whoa, 85 subscribers!!!!!!!"
"Any ideas???"
"did you by any chance find my other red shoe????"
Damn! You are into RMTD big.
If I had 66 grand into a stock and it looked like the corporation had been abandoned, and therefore, the stock was a zombie, I would be knocking on the door of the appropriate court in Delaware (where Remote Dynamics was incorporated) and requesting to be allowed to take over the corporation as conservator like Slojab was talking about a couple of days ago.
Then, you could try to sell off the company to a real business that wants to do a reverse merger and get that share price back up over $0.0006 so you could walk away with a profit where you have control over what happened rather than just waiting for it to happen to you.
Before I did any of that, I would be on the phone with the legal department at Verizon to see what they had to say about any legal liabilities they think that they have, or do not have, regarding their purchase of Telogis (who purchased at least part of Remote Dynamics).
"Here are the last two transactions for RMTD since the new disclosure rules went into effect. Cost of the trades? $.031502 and $.016833! I doubt these are retail buys."
"Who are these people? It’s not retail and if it’s not retail, you truly think it’s hedge funds and institutional VC types"
"In other words, the hopeful outlook for this dead stock could be dragged out for a long time? How boring!"
"Yup, no buying RM TD allowed
ThankYou for confirming"
"And yet no one has."
"Liquidation Mode Only"
RE: Custodianship Plays
"Trying to convince someone to buy or hold this dead end money pit is unethical."
"Tax season...blah blah blah will be a heavy topic come December.
Their last futile attempt to get our shares should be most comical.
If the share price goes to just 1 penny in 2022, that is 10 grand for each milly.
So, a 3000 dollar tax credit just does not cut it. SORRY."
"This question has been answered numerous times. There's no time limit in which a ticker can remain dormant so long as it continues to trade and could be used for a R/M."
"HOLDING ALL MINE AS WELL!!!"
"My big question is.... Why after 10+ years of NO filings has it not become CE, so as to prevent more from buying in to it? Any other stock you see showed up as CE with fewer years of NO filings."
"How would the tax deduction be worth far more by not selling? The loss from the sale at 0.000001 would be nearly equivalent to claiming a total loss. It would not be the 'absolute worse thing they could do financially' and would allow them to take the tax loss."
"You still get the tax deduction from the loss. And at 0.000001 the difference between that and 0 is practically nothing. The benefit of selling is you don’t have to wait to take the loss."
"We're not talking about companies that could be regaining status. We're talking about a ticker that has nothing and no one behind i to do that. It's been abandoned."
"Neither of those two scenarios are accurate.
Telogis purchased the assets from creditors who sold them when RMTD defaulted on the loans. End of story."
"There is no evidence that they will hold off on delisting. None."
"Shall I pray? Thanks!!!"
"Not a single buy of RMTD this month.
The desired outcome of the new SEC rule on reporting has worked for this ticker. Next step should be Finra deleting the ticker for inactivity."
"What trading platform are people buying this stock on? ETrade has it block for buy orders."
"No longer listed OTC."
"Right. Of course, they're not erased. They can only disappear from the O/S if they're retired back to the treasury."
"And it's not really a "transaction" in the normal sense. 16,833 shares were dumped out of an account at $.000001."
If you go back to your post about three posts ago in this discussion thread, you said:
"I imagine there will be more $.000001 trades as people remove the ticker from their accounts so they can take the loss on their taxes."
"Yup, market makers are dying to get their hands on this at 000001 LoL"
"I imagine there will be more $.000001 trades as people remove the ticker from their accounts so they can take the loss on their taxes."
"I am presuming that all brokers allow the worthless stock declaration but eTrade definitely does. Just log into your brokerage account and search for something like "worthless stock" and you should find a link to an interface which displays all stocks in your portfolio which your broker will allow you to declare as worthless. If you select one or more, and move forward with the declaration by clicking the appropriate buttons, the stock will be removed from your portfolio."
"You don’t have to sell to claim a total loss. If the stock is delisted you can simply claim a total loss on your taxes, at least in the US you can."
"Yes it’s true
https://apple.news/AmlVtcd8aRUaSv-OF0IfBnw"
"It probably won't take Finra as long to delist dead tickers now that the SEC has set the restrictions they have for tickers that have proven to be dead with no one willing to become transaprent.
We'll see, day by day, what happens here. Or rather, doesn't happen here."
"That sounds really bad
E*trade TD Schwab and many others won’t allow retail to buy RM TD
Even worse"
"The last day RMTD traded was back on 9/29."
"It’s over."
"Why is there no L2 ? No quote size?"