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sxdcfv, interesting news today. I'm guessing that Henry will be appointed CEO shortly.
22nd Century Technologies is not 22nd Century Group. They are different companies.
https://www.tscti.com/
Never a bad move to book a profit, OC. I'm kind of in the same boat as you, except I bought my first batch about 7 years ago. Sold some along the way, bought some more along the way, but still have most of my original batch.
Congrats and good luck to you in the future.
It's minuscule, 16,700 shares short.
https://www.marketbeat.com/stocks/OTCMKTS/DESTQ/short-interest/
LGNDZ isn't tied to the performance of LGND at all. It's contingent on certain milestones defined in the CVR agreement. I'm not saying LGNDZ won't run if the short squeeze crew goes after LGND. It probably will run, but only because people don't understand what LGNDZ really is, and they think it's somehow related to the performance of LGND.
Here's the CVR agreement with Roche:
https://www.sec.gov/Archives/edgar/data/886163/000119312509215911/dex102.htm
I was being sarcastic, are you saying they actually thought that was a good idea?
The huge market for hemp without both THC and CBD? Wouldn't be surprised if someone at the company thinks that's a winner.
Thanks for your comments Dude.
Can a company be a scam due to low volume one day, but the next day be a real company if volume is 'healthy'? And vice versa...can it be a real company one day due to healthy volume, and turn into a scam the next day?
Thanks for your time, just trying to learn since it seems you've done very well over the years with this company.
Ok I'm getting it, thanks. Can a company be a scam due to low volume one day, but the next day be a real company if volume is 'healthy'? And vice versa...can it be a real company one day due to healthy volume, and turn into a scam the next day?
Thanks for your time, just trying to learn since it seems you've done very well over the years with this company.
So there's a difference between Finra officially halting a stock from trading, and a stock being FROZEN/Petrified/Ossified? Can you explain the difference? Thanks.
Has the formation of an Equity Committee been approved by the court in order to protect and assign some of the Giant Cash Value to existing shareholders?
What exactly do you mean when you refer to FROZEN?
Thanks for including the charts, they sure are helpful.
It's probably frozen. Can you call FINRA and find out?
Can you point out where it "clearly indicates that all the common shares will not be canceled unless they are paid out by the cash money"?
It doesn't appear to be in the article that you linked to. Thanks in advance.
No need to call FINRA for this one. I've read that a stock is automatically frozen if one particular buyer runs out of money, and stays frozen until the buyer has more money. Poke around the FINRA website, I'm pretty sure I saw it there.
No need to call FINRA for this one. I've read that a stock is automatically frozen if one particular buyer runs out of money, and stays frozen until the buyer has more money. Poke around the FINRA website, I'm pretty sure I saw it there.
What did FINRA say?
Frozen?
What did Finra say?
So every time there is a small amount of volume you immediately think it's halted?
perker, I enjoy your posts, but this post makes zero sense to me.
Hey Rain, can you send me an email when you get a chance? I want to discuss a conversation I had with John (all good). I'm at colibri23 at yahoo. Thanks.
What does "loose ground" mean?
It is for Wells Fargo customers only Sagitar01? I can't find it on the Google. I'm not a Wells Fargo customer.
Could you provide a link if possible? Thank you!
Just the secretary. LOL! That was the funniest thing I've read or heard all day! These guys never had a secretary, even when they were masquerading as an actual company. Thanks for the laugh! Thanks for sharing all of that 'great DD'!
The daily short numbers and the true short interest are different.
Many posters on IHub have written cogent explanations. Here's one:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57101068
You can find short interest here:
http://www.nasdaq.com/symbol/pulm/short-interest
It has increased significantly since the news on 1/17 and subsequent increase in price and volume.
No and no.
I'm surprised you got a response Bemis223. I never received one email or voice mail reply from Roger. Ever. David would forward the emails I sent to him onto Roger (and cc me), and then crickets.
Maybe he didn't like my suggestion that someone should take a picture of the DGU prototype and post it on the website (or ask Richard to tweet it).
Didn't think that was too much to ask, to, you know, actually have proof that it's being worked on.
I suspect they started with good intentions, hit some unanticipated challenges they weren't able to overcome, got used to their salaries, figured out they could keep getting convertible funding to keep the money flowing for awhile, then moved on.
Sure, they used a portion of the funding for their projects, but a large portion of it went to salaries. They deferred some of the money, but still paid themselves handsomely. It's in the filings.
Roger was in a position he didn't sign up for due to the passing of Joe. Regardless, he acted (and is still acting) irresponsibly. Not updating shareholders is irresponsible, unless he had a conscience and didn't want to pass on the apparently false information that Richard was releasing.
Looks like Richard isn't the upstanding businessman I thought he was either. David was there primarily to line up funding and collect his $150k/year.
I'm assuming they all agreed to the convertible funding, hence showing zero concern for the shareholders. Yes, they also had shares, but at some point probably realized they weren't going to be worth anything, and decided to get the cash.
I'm making a lot of assumptions, but that's because ROGER WON'T COMMUNICATE. I've always taken that lack of communication as a bad sign.
I'm curious to know what SS is saying about ANY in HTFBS nowadays. Does anyone know? I got a free issue of the newsletter years ago when he first started touting ANY and have watched it ever since. I find it hard to believe he would still be behind it.
I thought the same thing Atlanta1. I'm not a lawyer, but I would expect Henry to refute the assertions in the complaint. Some seem pretty easy to prove or disprove (like whether or not 22nd Asia established a WFOE or not). If XXII management really dropped the ball like Peizer says they did, I can see why Peizer wanted them replaced. I just can't image them not following through though. Let's hope the truth will come out in court.
This is the only thing I found in Henry's declaration where he talked about Peizer's actions. He states one example, but says there were 'many problems with the directions from Peizer'. I would have liked him to list the many problems.
29. After entering into the Consulting Agreement, XXII learned that Mr. Peizer had vastly overstated his connections, experience and ability to assist the China venture to do business with China Tobacco. In fact, among many of the problems with the directions given to XXII by Plaintiff and Mr. Peizer regarding pursuing potential business in China, Plaintiff directed XXII to deposit money into an account controlled by Dennis Sun, an employee of China National Tobacco Corporation, a Chinese government owned organization. However, XXII was advised that such payments would be in violation of the Foreign Corrupt Practices Act, and XXII declined to follow such illegal directions by Plaintiff.
I SAY WE AINT DEAD.
I hold shares and am hoping that you're right.
Short answer? No.
What changes, besides David Morgan's profile being removed?
How disappointing that Roger can't make a simple blog post to update shareholders on what happened to the projects, particularly the DGU. I realize he wasn't hired to be the CEO, but when he took on the CEO position someone should have told him one of his tasks is to keep his shareholders apprised of what's going on in the business (even if it's bad news).
Joe was very good at that. RIP Joe, RIP CRQE. All IMO.
I should have been more specific and said something like "if the DGU hasn't moved from the prototype step to the manufacturing/sales step yet, it won't be being manufactured and sold any time soon".
They can't get any more money. Maybe/hopefully in the future they will be able to get some to take it to the next step. Time will tell. Meanwhile, I'll hold my shares and see what happens.
IMHO
If you believe the filings, they can't pay him and won't be able to anytime soon since they can't raise any more money. I tend to believe that the simplest answers are true. These guys are out of money, and can't get any more. This means if the DGU isn't done, it won't get done any time soon.
Hopefully things will change for the better in the future, otherwise I think the company will quietly wither away.
BBB, NOC didn't issue a PR when the partnership was announced, what makes you think they would comment if it's no longer in place?
GLTY, IMHO, etc.