Its not me who provided the wrong information and made it appear as if it came from an Exchange Act. I researched what you provided and didn't find what you claimed to be in the SEC laws. And by the way, each case is different, so paralleled accusations by association doesn't count. Let the SEC handle this (if they're not busy watching porn all day), they should have more knowledge of their own laws than everyone combined on this board or website, who makes their own version of it... So I will let the professionals handle it if you don't mind?!

LOL ... "for example, when a company is not current in its filings of
periodic reports"... Oops even the SEC says you're wrong, again!

WOW these are very wild unsubstantiated accusations (AGAIN!)
Fallacaro is no thief!! (screenshots have been taken!)

Pinetree Capital Ltd. Acquires Securities of Opel Technologies Inc. September 28, 2012 13:14 ET

TORONTO, CANADA--(Marketwire - Sept. 28, 2012) - Pinetree Capital Ltd. (TSX:PNP), announces that on September 28, 2012, it acquired ownership of 1,000,000 common shares ("Common Shares") and 1,000,000 common share purchase warrants (the "Warrants") of Opel Technologies Inc. ("Opel"). Each Warrant entitles the holder thereof to acquire one additional common share at a price of $0.35 until September 28, 2015. In the event that the Warrants are fully exercised, these holdings represent approximately 0.8% of the total issued and outstanding common shares of Opel as of September 28, 2012, calculated on a partially diluted basis assuming the exercise of the Warrants only. As a result of this transaction, Pinetree and its joint actors collectively held, as at September 28, 2012, an aggregate of 7,138,000 common shares of Opel, including the Common Shares, and rights to acquire an additional 6,696,000 common shares of Opel upon exercise of certain convertible securities (the "Convertible Securities"), including the Warrants. Of these totals, Pinetree owns 3,803,500 common shares, including the Common Shares, and 3,500,000 of the Convertible Securities, including the Warrants (the "Pinetree Convertible Securities"), directly. In the event that the Convertible Securities are fully exercised, the holdings of Pinetree and its joint actors represents a total of 13,834,000 common shares of Opel, or approximately 11.2% of all issued and outstanding common shares as at September 28, 2012, calculated on a partially diluted basis assuming the exercise of the Convertible Securities only. In the event that the Pinetree Convertible Securities are fully exercised, the direct holdings of Pinetree represents a total of 7,303,500 common shares of Opel, or approximately 6.1% of all issued and outstanding common shares as at September 28, 2012, calculated on a partially diluted basis assuming the exercise of the Pinetree Convertible Securities only.

These transactions were made for investment purposes and Pinetree or its joint actors could increase or decrease their investment in Opel depending on market conditions or any other relevant factor.

About Pinetree
Pinetree Capital Ltd. ("Pinetree") was incorporated under the laws of the Province of Ontario and its shares are publicly-traded on the Toronto Stock Exchange ("TSX") under the symbol "PNP". Pinetree is a diversified investment and venture capital firm focused on the small cap market. Pinetree's investments are primarily in the resources sector: Precious Metals, Base Metals, Oil and Gas, Potash, Lithium and Rare Earths, Uranium and Coal. Pinetree's investment approach is to develop a macro view of a sector, build a position consistent with the view by identifying micro-cap opportunities within that sector, and devise an exit strategy designed to maximize our relative return in light of changing fundamentals and opportunities. Pinetree is recognized as a value-added partner in the resource industry.
Contact Information
Pinetree Capital Ltd.
Sheldon Inwentash, CA.
Chairman & CEO
416-941-9600

Pinetree Capital Ltd.
Gerry Feldman, CA.
CFO & Vice President, Corporate Development
416-941-9600

Investor Relations: Pinetree Capital Ltd.
Richard Patricio, LL.B.
Vice President, Legal and Corporate Affairs
416-941-9600
ir@pinetreecapital.com
www.pinetreecapital.com

Pinetree Capital Ltd. Acquires Securities of Opel Technologies Inc. September 28, 2012 13:14 ET

TORONTO, CANADA--(Marketwire - Sept. 28, 2012) - Pinetree Capital Ltd. (TSX:PNP), announces that on September 28, 2012, it acquired ownership of 1,000,000 common shares ("Common Shares") and 1,000,000 common share purchase warrants (the "Warrants") of Opel Technologies Inc. ("Opel"). Each Warrant entitles the holder thereof to acquire one additional common share at a price of $0.35 until September 28, 2015. In the event that the Warrants are fully exercised, these holdings represent approximately 0.8% of the total issued and outstanding common shares of Opel as of September 28, 2012, calculated on a partially diluted basis assuming the exercise of the Warrants only. As a result of this transaction, Pinetree and its joint actors collectively held, as at September 28, 2012, an aggregate of 7,138,000 common shares of Opel, including the Common Shares, and rights to acquire an additional 6,696,000 common shares of Opel upon exercise of certain convertible securities (the "Convertible Securities"), including the Warrants. Of these totals, Pinetree owns 3,803,500 common shares, including the Common Shares, and 3,500,000 of the Convertible Securities, including the Warrants (the "Pinetree Convertible Securities"), directly. In the event that the Convertible Securities are fully exercised, the holdings of Pinetree and its joint actors represents a total of 13,834,000 common shares of Opel, or approximately 11.2% of all issued and outstanding common shares as at September 28, 2012, calculated on a partially diluted basis assuming the exercise of the Convertible Securities only. In the event that the Pinetree Convertible Securities are fully exercised, the direct holdings of Pinetree represents a total of 7,303,500 common shares of Opel, or approximately 6.1% of all issued and outstanding common shares as at September 28, 2012, calculated on a partially diluted basis assuming the exercise of the Pinetree Convertible Securities only.

These transactions were made for investment purposes and Pinetree or its joint actors could increase or decrease their investment in Opel depending on market conditions or any other relevant factor.

About Pinetree
Pinetree Capital Ltd. ("Pinetree") was incorporated under the laws of the Province of Ontario and its shares are publicly-traded on the Toronto Stock Exchange ("TSX") under the symbol "PNP". Pinetree is a diversified investment and venture capital firm focused on the small cap market. Pinetree's investments are primarily in the resources sector: Precious Metals, Base Metals, Oil and Gas, Potash, Lithium and Rare Earths, Uranium and Coal. Pinetree's investment approach is to develop a macro view of a sector, build a position consistent with the view by identifying micro-cap opportunities within that sector, and devise an exit strategy designed to maximize our relative return in light of changing fundamentals and opportunities. Pinetree is recognized as a value-added partner in the resource industry.
Contact Information
Pinetree Capital Ltd.
Sheldon Inwentash, CA.
Chairman & CEO
416-941-9600

Pinetree Capital Ltd.
Gerry Feldman, CA.
CFO & Vice President, Corporate Development
416-941-9600

Investor Relations: Pinetree Capital Ltd.
Richard Patricio, LL.B.
Vice President, Legal and Corporate Affairs
416-941-9600
ir@pinetreecapital.com
www.pinetreecapital.com

I hear & read conflicting opinions, do you have a link with the correct information that confirms this?

That is incorrect, so far 5 well-known brokers have confirmed that they buy & sell Grey stocks,
and its no problem at all calling in to make the trades (+ additional fee)!

Exchanges Act Section 13(a) and Rules 13a-1 and 13a-13.

WOW, there is no mention of this section:
"13a-13" or "13(a)-13"
Not even the word, nor definition of "Scienter" is mentioned!!
WOW even the SEC laws are being distorted, quite desperate, not to mention illegal!

Talking about fraud eh?! WOW!!

Quite to the contrary, since no MM is quoting a Grey stock!

I think its more between broker-dealers that arranged trades are made than MM's,
because there are no MM's that quote Grey stock. Don't know if you can answer this question;
Can an arranged order go thru at 0.10 for 1000 shares, when there are traders who have placed an order to buy 10000 shares at 0.50?

I've read too many conflicting answers, so I don't know which is accurate.
Is the trading totally at random, or are they following the same principle as in regular trading i.e. working from the top inside bid down?

Its only fraud when proven by the right authorities!
Are you saying that the SEC lied to Jim?

The only thing he did wrong was not filing the fins, that doesn't affect a man' integrity! Again, where is the proof that the SEC didn't ask for information??!! Exactly, there is none!! Yet I provided proof that the SEC asked for information! 1 - 0 And there is a big difference between not being compliant with the SEC rules, and "fraud"! There isn't any fraud until proven otherwise! 2 - 0

Yes, each company has its own reason(s) for the suspension, and the SEC used a general description for all of them, and then later on for each company more specific.

Are you saying that the SEC lied?

I hope they're more professional than to use wordings like "go ahead and file and all will be peachy"!

Exactly!

GTGP can not be compared with all those other stocks that went to the Grey's; For starters, 99% of them committed fraud, or made shady transactions, or sold billions of shares etc, that is not the case with GTGP. Second, 99% of those junk stocks that were send to the Grey's had no fundamentals or even potential to obtain fundamentals, but with GTGP that is not the case! Not only will they have MSE Technology Applications Inc. but they also have the exclusive licenses for remediation in an industry that needs to comply with the EPA rules by this time next year. The same EPA that is going to Benchmark MBS as Industrial Standard. GTGP is on the verge of making many tens & hundreds of millions of revenue, and then to claim that it will be a bloodbath is absurd! So any comparison with real junk stocks is flawed from the start!

Jim never lied, nor is a scumbag! Where is the proof of such outrages claims?! Exactly, there isn't any!

Wrong, the SEC has asked for information, and GTGP is working on that. Where is the proof that the SEC hasn't asked for anything?! There is non, until proven otherwise! I rather go with what a man with integrity has stated then false claims made on a mb.

I already posted an excerpt from a Pr!
Now where is that link that states that GTGP is a scam?
LMAO

Read again:

If the fins are no longer relevant why has the SEC asked to update them eh?!

No its not false, what I said is true, and what you added is also true, there are other ways but the SEC has requested info of GTGP, so no way no how can you conclude that what I said is false!!

Its not too late, well in sense it is otherwise there wouldn't be a suspension, but if it were too late the way you portray it there wouldn't be any need for GTGP to file their fins... (as it would be too late in your RIP version). The SEC has asked GTGP to file their fins to Edgar. Why is that, because its too late?! No! Its inevitable that we trade on the Grey's on Monday, but GTGP has a chance to comply with the SEC, and thereafter they can initiate a process to return to a higher tier/exchange!

Thats true, the SEC won't show their hand, and there is no argument that fins had to be updated, I think we all agree on that, and the SEC verified that it revolves around the lack of updated fins.

LOL Wishful thinking is not investment advice!
The MSE deal will be announced on or before trading commences on Monday, so good luck trying to get cheapies when strong news is announced! Which by the way is only the first update of at least 3 very strong news releases... But thanks for the bid support @ 0.45

Geeez how can the SEC investigate the fins for instance when they're not publicly available huh?! Hmmm dilemma dilemma... wouldn't it be reasonable to assume they ask the company for more information?! Only one answer counts: YES!!

Yeah sure, now MSE is going to sue GTGP?!! Too funny! http://www.mse-ta.com/

BWOHAHAHA @

LMAO How can the SEC conduct an investigation when they don't ask for documents huh??! Too funny! Now lets say that SEC investigates a Pr, they don't need to be in contact for that with the company because this can found in the Pr section or 8K's or online, but when they need proof to see if a claim made is true than who do you think they turn to huh?! Wow, bravo, you guessed it, the company! The SEC asks, the company provides, the company has a question, and the SEC replies, without telling them the nature of the investigation... To me and every sane logical human being that is called working together, although not to be confused as working together on a regular work floor and cracking casual jokes at the coffee machine... I hope this clears your confusion?!!

Excellent post buddy! As seen in your example stocks who trade on the Grey's have no problem generating volume, and then to think that there wasn't any news that propelled that stock, just piggy-bagging on the success of GTGP. Give us the news before we start trading on the Grey's and all the wishful thinking of getting cheapies will all be in vain... same as the FUD campaign!

That would be the case with real junk stocks that don't have any fundamentals that support their price, GTGP, when we have the anticipated news, will adjust itself to the nature of the news.

Its best to contact your own broker Jeff as policies can change among brokers, but Etrade, Scottstrade, Interactive Brokers & Fidelity all allow buying/selling of Grey stocks. There is no quotation so one can't see intra-day bid/ask but your broker can, if you call. You can place your orders with your broker via the phone and if someone matches your order (identical price a shares) then the transaction is made.

There are bids and asks, yet they're not electronically quoted.

If trader A wants to buy GTGP at $1 he can place that order with his broker (so there is a bid!), conversely when investor B wants to sell at $2 he can place that order with his broker (& also an ask!)... and wait until someone is willing to match that order...

Looking at the Grey Market there are stocks that have sufficient volume. Total $$ amount today was $12 million! When we get the much anticipated news GTGP will go up, just like any other other stock that receives solid news. The volume may reduced due to the Grey's compared to other tiers & exchanges but nonetheless there will be enough volume iF the news comes on Monday!

There are bids and asks (LMFAO) they're not electronically quoted.
If trader A wants to buy GTGP at $1 he can place that order with his broker (so there is a bid!), conversely when investor B wants to sell at $2 he can place that order with his broker (& also an ask!)... and wait until someone is willing to match that order... capish?!

Looking at the Grey Market there are stocks that have sufficient volume. Total $$ amount today was $12 million! When we get the much anticipated news GTGP will go up, just like any other other stock that receives solid news. The volume may reduced due to the Grey's compared to other tiers & exchanges but nonetheless there will be enough volume iF the news comes on Monday! lolol

Wrong again, the SEC asks for documents and once given, there could be remarks or follow-up questions then they get in contact with the company... To me and every sane logical human being that is called working together... I hope this helps with your confusion?!

The converse is also true, its not as if when the sec enforces an action against a stock that this automatically means that this is the case with all stocks!

When the news comes out before trading commences on the Grey's the bloodbath will be green, call it a $$$ dollarbath $$$

Hi, I'm the one who PM'd you and going to ask my Q's here. My first question is about Grey stocks, and how the execution of orders work. I understand that there are no bid/ask quotes, but how do brokers find out which orders they can match? There must be a system that shows what the bids and asks are. If so can we, as retail investors find out what the bid ask is on any website that you know of? (apart from calling your broker)

Another question I have is; are the transactions totally at random?
I mean, lets say stock ABC is trading at $1 and there are bids entered by investors with their brokers, lets say at $.80 & $0.70.
Can someone cut in line and dump xx shares at a bid sitting at $0.50 or do these orders have to wait until the higher bids are taken out (matched)?

PS Anyone who can provide a solid answer may chime in in this discussion... TIA

Hi, I have a question regarding Grey stocks, and how the execution of orders works. I understand that there are no bid/ask quotes, but how do brokers find out which orders they can match, so there must be a system that shows what the bids and asks are? If so can we, as retail investors find out what the bid ask is on any website out there? (apart from calling your broker)

Another question I have is are the transactions totally at random?
I mean, lets say stock ABC is trading at $1 and there are bids entered by investors with their brokers, lets say at $.80 & $0.70.
Can someone cut in line and dump xx shares at a bid sitting at $0.50 or do these orders have to wait until the higher bids are taken out (matched)?

PS Anyone who can provide a solid answer may chime in in this discussion... TIA

Hi, I just discovered this board today as I have a stock that is recently suspended and they will be trading on the Grey's starting Monday. Since this is new territory for me I started reading all the posts on this board, hence I encountered yours, albeit its from 2009. I was wondering if you still keep an eye on the Grey's, and also if you're aware of any stock at all that got quoted again (15c211) after being suspended? TIA

I know exactly what I said, its you who misinterpreted the + sign.
(As if there are 279k shorts + new shares on top of that...)
No, thats not what I meant, it was an addition to those that covered or not, I might as well used the & sign instead...

So what I said in both posts is spot on bro.
The short #'s derived from the bi-weekly report have gone up... can't hardly call that a decrease eh?! LOL

No you don't understand what I'm saying, the bi-weekly short report went from 165k to 279k, thats an increase in my book, and in that time there wasn't much covering done, but thats not even important, the info I have is much more important

Great news isn't it?!
This means that the only equity in this deal is 1.7 mil shares, and the cash side of the deal is being paid for of the first Ash Grove contract(s)... or an investment bank coughed up the rest! MSE is much more worth than 1.7 mil shares! There is info to be found that MSE had a $5.8 mil loan in 2010, and there are rumors saying the debt is $7 mil, so that needs to be paid for in this deal. + there is also proof that MSE has several ongoing contracts + assets etc, also this has to be accounted for, so if I were to take an educated guess, I would say that the MSE deal is +- $15 mil worth, and the only equity portion of that is 1.7 mil shares... I LOVE IT!!

Excellent post!!