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Bingo.
You, Janice and I both know there are no "experts" in the OTCM, and as Janice just mentioned just MMs, licensed and registered and professional traders.
However, nobody on Ihub realizes that prolly half of trades are between an "Agency" Trader (which is also licensed, registered, bonded and employed) and an MM, with two retail contra. And many times, a trade can go from retail to Agency to MM to Agency to retail.
But all the "experts" in the OTC have no clue what I am talking about, 'cept I used to do this for a living.
99% of self proclaimed "experts" in the OTC don't even know what an Agency trader is or does.
I didn't read your post, sorry I basically duplicated it.
And this is the wrong thread for promoting stocks. And if they don't stop, I will be deleting their posts. They can leave it there right now, otherwise,..
Welp, if KPMG Partners and a $44 Billion Euroland pubco trusts dear spouse, and a US Co, with the CEO worth $37 Billion for audits trust dear spouse, so do I. I am not the greatest with deriv. accounting. Which is why I ask,
Welp, I had to wait for dear spouse to a free moment to answer a hypo to a question I already knew the answer to. It is a soft hit on the financials, but it still affects valuation. Also, the deriv. owner has a tax liability in the year it was issued based on the discounted rate, and then capital gains once sold. The holder wants out as soon as possible with a discounted conversion, so that will eventually suppress the stock price. The deriv. liabilities do have repercussions even though it is a soft hit. Not many CPAs are efficient in deriv. accounting no matter how many years of college and CPE classes, even dear spouse had to think about this one.
Auditors are much more proficient at deriv. accounting than oil patch or tax accountants in strip malls.
Put him in prison, the game is over.
Concur.
I think you are faking your stupidity as a CFO/CEO. This is an act and a scheme. Why did you buy stock in a toxic shell? Scheme or stupidity or both. Finra revoked you for a reason, and you are not a biz owner, you are a shareholder and you never owned Merrill Lynch, EVER.
I am not the Prez. and CFO, it is all they put out. But I highly doubt they raised their tangible assets and cash to pay for one patient as well as pay the CEO $120,000. I don't think we are stupid here.
This was PEI right? I am sure the RCMP in PEI is not used to this.
You are not a biz owner, you own shares in a worthless pink sheet shell.
LOLOLOL
Good you took the high road. If you got caught, your firm is required to report you to the Federal Reserve Board and have a 90 day restriction, not on just that account but every account one has in the USA. The FRB knows everything about everyone that has an account at a financial institution. More so than the SEC and FINRA combined.
That is really sad. Dear Aunt is 78 and recently got her first passport and has never left the US and she hates to fly. So I was planning on Amtraking with her to Toronto and then Canadian Rail to Montreal and Quebec. I wish I could make it to Halifax, but the logistics.
I don't know why this guy did this, I have not heard about a motive yet. Hopefully not losing all his money on a penny stock, but really, he picked the 'hood for a reason.
I love this part:
Cash $ 6,669
And this part:
Total current liabilities 9,097,175
And this part:
Total Revenue 220,033
I paid more on a first class tix to Dublin, Ireland from Los Angeles...one way. This company is insolvent. As I said before, I have been through the filings, just scanned, but where can you point out in Description of Biz, Notes or MD&A that they are killing MRSA?
Correct. I had invasive surgery, spent 19 days in the hospital. The hospital gave me MRSA. It is a long story, but they were negligent. I went to the ranch to recover and got seriously ill, and went to one of the best hospitals in TX. I had to spend another 14 days in a different hosp, and they required and said the only way to live was Vancomycn for 14 days. They did not bring in a machine by a company with only $6000 and a ceo that makes $120,000 / year, they wore hazmat suits and sealed my ICU room.
A company with $6,000 in tangible assets is not curing MRSA
First off, I am not your "pal".
Secondly, I have been through their filings, their biz description does not mention.
Tertiary, I have had MRSA, C-Diff and Colitis, and I know the process, and spent over $6 million in hospital and doctor bills.
Further, this company, as I have been through the financials, has a large working capital deficit, a large shareholder deficit, barely enough cash to fly somewhere (seriously), has more derivatives than god, and is a printing press machine in stock.
Don't get me started, as they are stupid enough to add the PSLRA in their 10-K, I guess their CFO, Attorney, CPA, Auditor are stupid. It is a violation of legislation by Congress and signed by the President of the USA.
https://my.clevelandclinic.org/health/articles/12051-acute-vs-chronic-pain
This clown of a ceo has been crying of pain forever. You have know me for quite a few years, and I have had chronic, not acute pain for seven years, but I don't cry about it, and my docs do don't refer to it as acute but chronic,
What does using a calculator have anything to do with MY post? And there is no "We", it is I, you can shove the "we".
"I" don't give two flying #$%^* if you are in chronic pain, you did it to yourself.
Yah, I know people waking up and yawning at 10 am conf. calls. Butt it is wrap up time from audit season, and dear spouse and I spent the last month at home, not out side, hacking away on the keyboard, so it is not a vacation. We have planned a trip to Boston, Martha's Vineyard and NH in a month and get out of this prison, we finally got masks. Hopefully I don't find my way to Mass Gen (General Hospital).
Welp, outside of the NYSE having a legal Wall St. address, which is actually the side door, the picture everyone sees on TV or the internet is on Broad St. Traders hang out at the corner of Broad and Wall for a smoke.
But outside of that Wall St. is Pink, Equinox, WeWork and apartments. Financial firms are in Midtown or Jersey City, some are on Broadway or Battery Park in kinda the FIDI area.
SEC is in DC, so is the PCAOB. FINRA is in MD, I know OTCM is in Manhattan somewhere (I think Hudson St)but not on Wall, and DTCC is in Jersey Cty, I walk by it all the time.
Even the NY FED is on Maiden, the building on Wall is just a museum, that is there G. Washington was inag. his second term, contrary to belief, not where the famous statue is, but inside on the mezzanine.
The old AMEX was behind Trinity Church at the corner of Rector and Trinity, used to work there, walk by Hamilton all the time. The building is boarded up now, it would take 1/2 block walk, then a block walk, then a 1/2 block walk to get to Wall St.
So outside of smokers congregating outside a side door on Wall St. There is no trading on Wall St.
You are a smart gal. Most people don't know what a busted trade is, and of the few that do, do not know how to bust a trade, for those that do do not realize that the first trade crosses the tape, but the bust does not. It becomes a clearing issue at that point, not a trading issue. But then again, someone is sitting on a position in a trading account that has to move it to somewhere.
Welp, we have been to Victoria, Vancouver, I have been to Winnipeg and Gimly, and Dear Spouse has been to Halifax on conference and I to Toronto quite a few times. I feel bad for the families in NS.
Concur, Exchanges have listing committees and staff that handle and approve listing and trading. No 211 or MM required.
Candida is easy, stop having unprotected sex and eat and drink cranberries, MRSA is waaaaay off the charts from Candida, that is deadly not burning pain when one takes a pee. Vancomyn is the only MRSA killer and it is a 14 day IV drip
As of today, I have 2262 unread PMs from screwballs. If they don't want to hit me in public, I am not interested,
I don't think the SEC is giving stinky pinkies a break, the SEC staff is working from home and swimming in pools in the backyard with kids half the time. How do I know, Dear Spouse's 15 clients got all the taxes done on three different continents on time, and can hear the kids splashing in the pool or not answering calls or emails. Some are C Corps and some are GP/LPs and were due March 15 or April 15. Dear spouse has a home office and works from home for the last month. So there is no excuse for stinky pinkies. Spouse says all 15 audits will be filed on three different continents on time without extension. We are planning a vacation, going off the grid, the fist week of June after wrap up, So I don't buy this excuse. Butt it it what it is.
Rush is annoying, I have not watched or listened to him since the '80s except when some news station puts up a clip. But with all my health issues, I have had strange symptoms over the last month, but I ain't dead yet. I take meds and vitas and homeopathic for decades, I have no clue if they work or it is all in my head.
Pursuant to FINRA Regulations a retail investor has to put up $2.5 million in margin to short $500 worth of 1,000,000 shares at $0.0005. Risk to reward? Why would anyone do that?
For right now, it is accounting, such as FIFO, so it has already been sold. What happens in July will be quite different.
There are ways to find shorts. First FINRA's FTD report, secondly compare it to DTCC's Security Position Report (and yes you have to request two in a time period), compare it to trading and MMID volume from FINRA, AND pull the transfer activity report from the T/A, put the puzzle together and you find you sellers or where a short is coming from. But as I have mentioned most firms that trade this stock do not have the net capital requirement to short this stock and neither can retail cover the margin requirements. MLPFS or now since BoA changed their name to Merrill, LPFS has been removed about a year ago, does not even know what ACCR is. I was at M's trading room at 1 Bryant Park in Manhattan at the BoA building the day they announced the name change
This guy is a clown, and I am being kind.
And just FYI, most FTDs are due to a firm selling stock for a retail client with stock that has not settled yet through DTCC, the firm's trader shorts in the trading account and it reflects as an FTD, as soon as the security clears DTCC, the trader swaps out the position with retail client.
When I was trading, my COO would force me to cover after a certain point. She got my blotters every day just like I did, and if she saw a short position sitting there after a week, I got screamed at
This guy is really stupid and never worked in the trading room or floor. Prolly worked in the mail room.
Welp, I know dear spouse is paying out 16.9%in K-1 distributions to investors I know they buy mineral leases in known proven reservoirs, Reservoirs change in depth so the pay zone between upslope producers and down slope producers are at different depths so the pay zone can be calculate based on geology, it is millions of years of earth movement. Sometimes there is no need for expensive helicopters and equipment, sometimes it is the land man, geologist, and attorney.
But I think like you, ZN is a scam, there are no comps. and no 3D Seismic, so this is all made up.
Why are you trying to be an antagonist? Come back with something as a protagonist and DD on stock?
You must be an "expert", much more than I
There are 195 countries and 50 states plus territories, and in stead of putting out a press release and proxy docs to shareholders on file that could not show up, you manipulated the vote and stole a f'd up shell...
...your smart enough per your self, you could have created a virgin shell registered and trading by now.\
You have already been caught gaming the system and your doing it again.
I don't know if his office is a condo or an office. But he is listed on the CFA website behind the Waldorf Astoria, a block from the Benjamin Hotel, a block or two from the W Hotel and Smith % Wollensky restaurant, which I convinced my vegan daughter to eat filet tenderloin and cheat. That is a very high end 'hood. Also, Zacharian, i cannot spell his name, the Iron Chef, his restaurant "The National" is in the lobby(kinda) of the Benjamin Hotel. It is good, but not great, good for lunch. I like the private mezzanine and order from the kitchen for biz meetings.
This guy has to be charging hefty billable hours.
I concur
If nobody showed up, where is the quorum to effectuate a valid shareholder vote and where is the pr calling for a special meeting? There is a legal process.
Forget 3D, are there proven up-slope or down-slope producing reservoirs to produce from? If there are no comps., 3D is next to worthless. You gotta find the slopes and what is being produced, not guess based on a helicopter flying over with a camera. You can find a splinter and think you found a pay zone, you can hit a kick with naty and think you are in a payzone, it doesn't always work in wild catting, especially when the wire line logs come back weeks later. Baker Hughes is plenty quick, but not that quick. I got drilling and mud logs that come in live real time, but I don't look, software has real time drill bit info, depth. But selling blue sky is BS, I really don't care, if we hit, we hit. If we don't, we adapt and improvise, not put out press releases, At the same time, a big producer could have multiple wells drilled or being drilled up-slope and depleting your payzone, and that is why splinter payzones can be a head fake.
Yep, I agree with you.