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LOLOL... From having his head stomped on at Sacketts Harbor Brew Pub?
My opinion is the POTUS isn't going to do jack, even if he actually saw the email! He may just be "Glad he didn't own stock there" but that's as far as it would go.
Take a look at Wamu. Wamu was stolen and gifted by the OTS/FDIC/Treasury to JPM. This affected Thousands of shareholders and yet nothing was ever done by our Govt besides Geithner saying "there will never be another Wamu". Why? Because it's seizure/sale was wrong? Yet... The Govt did NOTHING about it nor those that lost their life savings to a bunch of crooks! There was no reason for the fire sale of Wamu's assets to JPM as Wamu was adequately funded. The Country isn't all peachy because bankers run it, not the POTUS.
Read back on his msg... Sorry, wasn't me! He sent letter to PRES about UWBK/OTS/FDIC
Ya don't think any of that "INVESTMENT BANKING" income was derived shorting Wamu do ya? Especially when they had inside info the FDIC would help 'em with stealing Wamu??
I only have 15k shares here, but it's something I could risk with a very nice possibility of gain!
last trades all at ask
15k
42.6k
15k
7k
10k (.059, but probably not showing on ask)
500
sale at .044 this am for 10k at 9:30 even ??
Court date to find out if the suit thrown out I believe..
The reason they're suing..
The OTS was their watchdog
The OTS decided since a large majority of their deposits were from larger corporate depositors they wanted UWBK to write down those deposits (not claim) since they could have significant impact if those deposits were removed
The OTS gave 7 days for UWBK to submit plan
The OTS denied UWBK's plan and as UWBK was raising capital (they already had the capital raise ready), the OTS ordered the banks seized and sold by FDIC
Their Capital Ratio was 7.8% at time of seizure (not enough to warrant seizure as it was).
The OTS's main fight is that UWBK didn't have permissions from their board to file the lawsuit or something, trying to get it thrown out on those grounds.. I'm not 100% correct on this, but I DO have shares here!
I'm not EC but I can try to help... The OTS/FDIC robbed UWBK of it's banks and UWBK is suing to get the assets back or get paid for those assets!
I am showing .685/bid & .695/ask both at 2500 shares
But... The buys I'm showing are well above that at .71, .7165, etc
Almost a million in VOLUME... Buying this much definitely shows there is some interest here!
Wound up like a rubber band. When this thing goes, it's going to explode!
I picked up more. I'd almost bet we end GREEN today
Already green with what I picked up little bit ago - thanks! The private placement is at .67/share with warrants available at .74.
I do not see the pps going down lower than it is at the moment, and for them to be able to get the deal at .67 should also affirm that the private investors purchasing the stock at .67 do not feel it's going lower than that either! After all, if they could buy on the market at .62, why purchase through private placement at .67? Consider this a GIFT
Wow, weird price drop considering it's only 3.6 million shares total with purchase price of .67
Trying to pick some up at .68 now
Good opportunity to pick up more.
IntelGenx Announces Up to Approximately US$3 Million Equity Offering of Common Stock and Warrants
9:45 am ET 06/03/2011 - Market Wire
SAINT LAURENT, QUEBEC -- (MARKET WIRE) -- 06/03/11 -- IntelGenx Technologies Corp. (TSX VENTURE: IGX) (OTCBB: IGXT) (the "Company" or "IntelGenx") today announced that it has entered into a definitive securities purchase agreement with institutional investors for the issuance and sale in a private placement transaction (the "US Private Offering") of 2,482,536 shares of common stock (the "Common Stock") at a per share purchase price of US$0.67, and three-year warrants (the "Warrants") to purchase up to 1,241,268 shares of common stock at an exercise price of US$0.74 per share, for aggregate gross proceeds of approximately US$1.6 million.
In addition, the Company intends to enter into a definitive subscription agreement solely with Canadian investors for the issuance and sale in a concurrent private placement transaction (the "Canadian Private Offering") of up to an additional US$1.5 million in Common Stock and Warrants under the same terms and conditions as the US Private Offering.
The Company expects to receive aggregate gross proceeds from the US and Canadian Private Offerings of up to approximately US$3 million, before deducting offering expenses. The Company intends to use the net proceeds from the sale of the Common Stock and Warrants pursuant to the US and Canadian Private Offerings for general corporate purposes.
A resale registration statement relating to the Common Stock and the shares of common stock issuable upon exercise of the Warrants pursuant to the US and Canadian Private Offerings shall be filed with the Securities and Exchange Commission ("SEC") within 20 days of closing of the offerings.
The US and Canadian Private Offerings are expected to close on or about June 17, 2011, subject to the satisfaction of customary closing conditions.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in the US and Canadian Private Offerings. The securities offered have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release is being issued pursuant to and in accordance with Rule 135(c) under the Securities Act of 1933, as amended.
You haven't heard they're giving away a six pack of War of 1812 beer with a pizza purchase have you?
one word... KARMA
Careful of what you wish for... Scozzafava's stocks always moved, although it was always in wrong direction!
Guess it's a buy buy buy, then short short short, then wait week or two, buy buy buy, short short short...
News out or ?? Rising quick and already over avg volume!
Damn... Would have been worth all my $$$ lost in Scozzafava's stocks to have been there to see that!
See the last line in the article?
He declined further comment until he consults his lawyer.
Not making enough money on shares so he's into the sue mode! I say "Karma IS A BITCH..."
Where in the world do you get 3500? At a price of .001 our market cap should be considered $850,000 as the company will not tell us how many shares out so I used what is available through the Nevada SOS - Authorized shares = 850,000,000
Now... 850k still isn't bad for a market cap if this thing was fully diluted (I believe myself there are around 550-600mil shares out)
No way in the world market cap could even be close to 3500!
Merger? Exactly what does this company have to offer in a merger? You think someone is gonna take .0001 shares? Jeez, they'd have to give 43,268,443,197 shares just for 1 yr lease at another location... (of course imo the company will use this as an excuse to need to reverse split - and I'd bet that other $250k cd we just found out about converts at .001 afterwards while the stock trading at .05+, this was a famous Scozzafava/KK trick)
This isn't like google where they could hand out a few thousand shares and be worth big bucks.
How many startups have you been in with 2 billion OS & 5 BILLION shares dilution needed (at a minimum) to pay the rest of the debt off that also has someone involved which has shown no appreciation for shareholders other than them being an ATM (Scozzafava)
I'd take it NONE...
That was a classic, wasn't it? LOL
We know we're in there SOMEWHERE... :)
HOD earlier showed $1.69 now showing $1.45 ?? WTF
Still sitting on mine... down about 70% from purchase price
Oh no... jumping on the marijuana bandwagon - CEO is now reaching for a rope!
I've been above ask all morning and not getting filled so they ARE lucky!
I just keep getting passed & have to raise my price. Not going to chase much longer - I have K's/commons which are enough
All depends on if JPM really had nothing to do with the downfall of WAMU (which we all believe did) AND if JPM was using the Hedge Fund's illegal trading records to manipulate the GSA!
Either way was illegal on JPM's part, and I'm pretty damn sure the EC knows what they're going after on this!
Not sure if I am correct on this but my take is the hedge funds are going to sit back and let equity run the show and go after jpm & fdic. Isn't that what the $25 mill was for?
Everyone in this.. Well, their "dough" is cooked
Keeps down here I may be buying on monday...
Something going on... haven't seen decent volume in a while, especially larger chunks at the ask! Someone wants in before this moves
Someone's buying up a lot
Price Size Exch Time
$0.0010 25,000 OTO 15:56:20
$0.0006 5,000 OTO 15:06:20
$0.0010 500,000 OTO 14:01:49
$0.0010 45,000 OTO 13:53:29
$0.0009 950,000 OTO 13:52:01
$0.0010 1,500,000 OTO 12:43:11
$0.0009 1,977,900 OTO 12:40:07
$0.0009 1,044,088 OTO 12:38:37
$0.0009 300,000 OTO 12:38:25
No news but lots of volume? Hmmm
ALOT of BUYS at the ask today...
Susman may have alot more information than me/you about what IS going on. Don't think it's possible he's OK with ending things but looking at valuation? Perhaps using the IT issue to put equity well into the money?
Message in reply to:
You forgot POS
Where exactly is Rosen working out of?
I guess I feel that some of these guys deserve to lose their money. Warnings were there long ago to DD & read prior to investing, yet they dumped their cash anyway only to pump without recourse now to try to get something of their investment back.
What I don't like is that someone like Scozzafava can get away with it. Just because you're "on the pinks" doesn't mean you can cheat, lie, steal, or mislead and get away with it.
I know, I know... Scozzafava isn't supposed to be involved here! But he IS. HCKI & SEVA shareholders paid for the shell. Now that there is a new owner, HCKI shareholders again are paying for the shell (CD's to Scozzafava). How is that fair? Pass the shell around in a circle and just rob the shareholders in each step of the process.
On another note, I really think with Scozzafava's skin/hair color he'd look GREAT in ORANGE... And someone should be in JAIL with what's been done here/there. I wouldn't put it past him to look for his name on the boards every night just to snicker at the shareholder complaints