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I see your agenda ignore the facts and follow your theory ,however good luck buying under a penny cause i have enough powder too load the whole float at that price and i will.
On the other hand if MM's want it at .0001 , they could easily drag it there with zero buying pressure from investors. all they do is short and trade shares back n forth.
They only sold 63% . And that was to the facilitator of the R/m. this has not fully palyed out yet. There are still alot of what ifs.
buc i respectfully disagree, the real deal is they hold over 35 million shares still for a reason. They know the increase in value for those shares is where the real money is. I cant believe u dont see that its so obvious. One of the main rules to finding a good R/M is if the company keeps more than 20% of the outstanding always a good sign.
its amazing we were sooooo thin to .15 a month ago , now the shorts show up . lock your shares up with high sell orders. and dont give them mm criminals any chance to short us.
There are no prefferred shares authorized as of the last 10-k
no they are common.
I agree , The things to really look for like debt, or litigation. Have all checked out as well as the company holding a substantial 38% of the outstanding shares. They wouldnt do that if they thought those shares would be worth no more than .00315, would they. No they woulda sold em along with the other 62%. Thats a very good sign IMO. My price evaluation of over .50 was solely based on my experience with similar floats in similiar situations thats all.
NFBH IN PROGRESS
NFBH getting close read the last filing.
without buying pressure mm's always short , walk down, what ever u wanna call it low volume stocks always get it and if it continues i will buy more.
I agree and i didnt hesitate to pull the trigger on this one i am very confident after reading the latest filing word for word.
no it doesnt, could be 120 days maybe a year for this to trade again!
heres a clive dakin stock
http://www.otcmarkets.com/stock/ADNT/company-info
exactly, low float around ten million over .50/share increase upon merger easily.
still lookin cheap at three cents
thank you , those were cheap!
I got 55k @.02!!!!! YEEE HAH
i second that
i am with ya lets keep in touch regardless, my email address is lipppaul@yahoo.com
That was me adding cheapies
this is showing as news on scottrade today. Global Energy Group Inc GENG:Pink OTC Markets Inc. TRADE.Last Change / % Change Dividend Yield Volume S&P Ranking
0.0290 0.00 0.00% 0.00% 0
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Education help is ON.
Market data is in Real-time....SummaryNewsChartsOptionsFundamentalsInsidersEarningsFinancialsSEC Filings..« Stock News Overview : Article.In the Matter of Circuit Systems, Inc., Global Energy Group, Inc., Integrated Medical Resources, Inc., iNTELEFILM Corp., and Lot$off Corp.; Order of Suspension of Trading
22 hours 2 minutes ago - FGI via Comtex
FIND Government Press ReleasesApril 4, 2011.
It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Circuit Systems, Inc. because it has not filed any periodic reports since the period ended January 31, 2000.
It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Global Energy Group, Inc. because it has not filed any periodic reports since the period ended September 30, 2006.
It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Integrated Medical Resources, Inc. because it has not filed any periodic reports since the period ended September 30, 1998.
It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of iNTELEFILM Corp. because it has not filed any periodic reports since the period ended March 31, 2002.
It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Lot$off Corp. because it has not filed any periodic reports since the period ended October 30, 1998.
The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed companies. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed companies is suspended for the period from 9:30 a.m. EDT on April 4, 2011, through 11:59 p.m. EDT on April 15, 2011.
By the Commission.
Jill M. Peterson,
Assistant Secretary.
Citation: "76 FR 19174"
Document Number: "File No. 500-1"
Federal Register Page Number: "19174"
"Notices"
sometimes even if scottrade has a halt they will let u call a sell order in,,, give it a try n let us know.
I agree NIB
we should find a way to contact the company pinks has an old number any help?
I encourage everyone to use the link at the bottom and read all of it!
II. The Operation of Section 15(d) and Rule 12h-3
When an issuer's registration statement under the Securities Act of 1933 becomes effective, Section 15(d) requires the issuer to file the reports required by Section 13(a) of the Exchange Act with respect to each class of securities covered by the registration statement. As the Commission has explained, the purpose of periodic reporting under Section 15(d) is "to assure a stream of current information about an issuer for the benefit of purchasers in the registered offering, and for the public, in situations where Section 13 of the Exchange Act would not otherwise apply."2 The issuer must continue to file these reports until the Section 15(d) reporting obligation for each class of securities is suspended.
The Section 15(d) reporting obligation is suspended while a class of securities is registered under Section 12 of the Exchange Act. In addition, there are two other ways in which a Section 15(d) reporting obligation may be suspended. First, Section 15(d) provides for an automatic statutory suspension of this reporting obligation if, on the first day of any fiscal year other than the fiscal year in which a Securities Act registration statement became effective, there are fewer than 300 record holders of the class of securities offered under the Securities Act registration statement. Second, an issuer may seek to avail itself of the suspension provided by Rule 12h-3 at any time during the issuer's fiscal year if it meets the conditions of the rule.
In order to rely on Rule 12h-3, the issuer:
must be current in its Exchange Act reporting obligations;3
must have (1) fewer than 300 record holders of the class of securities offered under the Securities Act registration statement; or (2) fewer than 500 record holders and its assets must not have exceeded $10 million on the last day of each of the issuer's three most recent fiscal years;4 and
must not have had a Securities Act registration statement relating to that class of securities become effective in the fiscal year for which the issuer seeks to suspend reporting, or have had a registration statement that was required to be updated by Section 10(a)(3) of the Securities Act during the fiscal year for which the issuer seeks to suspend reporting, and, if the issuer is relying on the fewer than 500 record holder and $10 million in assets threshold noted above, during the two preceding fiscal years.
It is this last requirement, contained in Rule 12h-3(c), that has prompted issuers to seek no-action relief from the staff.5
In order to avail itself of the suspension provided by Rule 12h-3, the issuer must also file a certification of termination on Form 15. If the certification of termination on Form 15 is subsequently withdrawn or denied, the company must file all reports that would have been required if the Form 15 had not been filed.6 Similarly, if in the future the issuer no longer satisfies the requirements under which it was able to cease reporting under Section 15(d), the suspension ends and the reporting obligation returns without any action by the issuer.7
III. Two Common Situations That Give Rise to Favorable No-Action Responses Under Rule 12h-3
In the following two situations, the Division has repeatedly expressed the view that Rule 12h-3(c) does not preclude an issuer from filing a Form 15 to suspend its Section 15(d) reporting obligation with respect to a class of securities, even though a Securities Act registration statement relating to that class became effective or was required to be updated by Section 10(a)(3) during the time period specified in Rule 12h-3(c).
Abandoned Initial Public Offering: An issuer with no Exchange Act reporting obligations has a Securities Act registration statement become effective, but does not sell any securities pursuant to the registration statement. The issuer files an application to withdraw the registration statement pursuant to Securities Act Rule 477, and the staff consents to the withdrawal.8
Acquired Issuer: An issuer has been acquired by another entity, resulting in the class or classes of securities for which the issuer has a Section 15(d) reporting obligation being either: (1) extinguished; or (2) held or assumed by only one recordholder, the acquiring entity.9
http://www.sec.gov/interps/legal/cfslb18.htm
ive seen that.
MKBY getting ready to tell their story to the world after 3 years of silence. Check it out been following this one for 4 years.
www.mckenziebay.com
MKBY getting ready to tell their story to the world after 3 years of silence. Check it out been following this one for 4 years.
www.mckenziebay.com
im just as blown away as u are. i hope they r preparing the pr n filings.
the last pr was feb. 22th 2011, now i see yur agenda im done talking to u. good luck with yur endeavors.
Feb 22, 2011 Global Energy Group, Inc. Files Increased Transparency to OTC Markets Toward New Corporate Agenda
from otcmarkets.com
ok renee we will see how it plays out however, i highly doubt with the recent activity that the company doesnt immediately comply. you would have too agree with me there.
well keep in mind it states it is in fact an 11 day suspension (temporary) if it was a big issue there would not have been a date in which it is scheduled to resume trading already. I have seen alot worse look at MWI$ its under investigation n will probably take forever to resume trading. I think we are fine n this should spark a pr from the company.
be back on apr. 15th lady's n gent's
yeah i read that ,doesnt sound like a big deal the suspension is listed as temporary till april 15th 2011. just need some filings.
GENG pr due anytime (merger)
always volume before price
gm everyone i would expect a pr next week , if not today
its common for the company to go silent during an acquisition/merger
GENG recent acquisition in the latest filing and pr on feb. 28th promising a shareholder update in coming days. it was first pr in over a year. 15-12g filed then immediately brought up to pink current after the de-registration. screaming merger. 10 + bagger with only 100mil outstanding float very low yet to be determined.