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Thank you. Exactly my point.
That was why I posted the question last night about OTC = 'Exchange-listed'. TD Ameritrade's announcement specified 'US Exchange-Listed stocks ONLY'
Is OTC considered 'Exchange-Listed'?
That may be changing. Here in Fort Wayne, all of the newer pizza joints (around a dozen last six years) are the wood fired/high temp joints. Always busy and I have yet to hear one complaint. Best I've had for sure.
It has EVERYTHING to do with VGTL. Over half of the information referred & linked to on this board are social media posts from the CEO, and the SEC is warning about companies that disseminate most of their news on social media. That makes it 100% valid.
Mark has been saying the same thing for his other company for over 6 years. I'll believe it when pigs fly.
And yet millions go at .0008 & .0009....
VGTL is not a SEC reporting company, does not apply.
From the same link as the fees:
Is it??
With Mark, it may not be a joke.
And if it is a joke, I don't think it qualifies as good.
Yes...
Mark stated that the name would change to the same name of a company that he already created, which cannot happen since the company already exists. Thus it would have to be a merger. If he had filed with the SOS for a name reservation instead, it would be different. But he filed as a full fledged corporation, so legally he is stuck. But then again, when has Mark worried about legalities.
My 2 cents:
When a stock first gets suspended, especially if for suspicious activity, I assume there are still big blocks for sale out there from insiders and financers. And I also assume that there are retail buy orders out there. The insiders would have access to the brokers/dealers, where retail would not. So they could tell brokers/dealers to unload whatever they can at whatever price.
Should be totally illegal, but these days it seems that if the law doesn't specifically say NO, then let 'er rip.
They could have done worse and named it something like 'Hidden Market'. That would have given fodder to the 'Naked Shorts From Mars' theories.
Actually it looks close to what I was thinking. A place for MMs & Brokers/Dealers to trade they stock, out of the direct view of the retail investor.
Pay enough money & you can see what other Brokers/Dealers have available.
I don't know. It almost sounds like an underground system to get around the restrictions. Possibly a way to get more money form grey stocks; 'Pay us $##,### more a year and we'll look the other way'.
Hover over it and it states:
Reality set in????
A change in ChiefScammer does not change the history associated with a company. If it did, any company could just change their CEO to avoid lawsuits for defective products.
Whether shareholders like it or not, history is history. And ticker changes won't help either, still the same shell....
wapituli - We call this a 'Hairy Buffalo' and use a garbage can (new & cleaned) instead of a bowl.
SEC warning about companies using Social Media instead of PRs.
https://www.sec.gov/oiea/investor-alerts-and-bulletins/ib_sentimentinvesting
WOW!!!
At a minimal conversion discount of 50%, that is over 17 BILLION shares!!!
WRONG!
It is for companies that use social media instead of PRS. Mark's recent tweets about working on debt free and planning to be OTCM current soon are textbook examples of what they are warning about.
Actually, it has to do with stocks that use social media to excite the masses. You know, like tweeting something that has already been stated. Or posting pictures on FaceBook from years ago, to make people think things are moving. Or using third party promotions on a message board to generate interest.
WOW!!!
That's 3 strikes against VGTL & Mark!!!
While I wouldn't put it past the rest of the FW Mafia, I doubt Mark has the cajones to go along with something like that.
VGTL IS A MEDIA STOCK!!! THEREFORE, EVERYTHING TO DO WITH VGTL!!!
Sounds to me as if he is expecting a phone call at any minute....
Don't know anything about the CFO, but may be ready to move on. And if they are looking for a new position, it looks better to go out on a good quarter(YEAH ME) than a bad one(FORCED OUT).
Because that is when he was dumping 60 million new shares on the market.
EDIT:
Maybe we should be glad there aren't any PRs....
OMG!!!
According to your links, Mark has NOTHING to do with VGTL!!!
Also the company is listed as 'DARK & DEFUNCT'!!!
To Mark, that was just a blink of an eye......
Just look at his definition of soon on 'White Space'. What was it, around 7+ years post-production ( filmed June 2011)?
SOOOON.....
Which in Mark-speek means anytime in the next millennium.