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What happened to this stock? On 9/26/13 I sold my one million shares at .0105 by the end of that day SP dropped to .0045.
I fondly remember that trade because it put my account over $25000 and I became a daytrader. Periodically I check the SP and heard that Clark Ortiz left or was force out.
Anyone got a quick update on the last 9 months. Thank you in advance. GLTA
You are welcome ada! I hope it makes a difference for the good of shareholders. Long and Strong even added shares today. :)
Signed! Thanks for the link ada I appreciate your help and concern. Go FNF GLTUA.
I sure hope so. Fridays are usually good to FnF. I will keep my fingers crossed. GLTA
Relax, I know it's just T trades. Parity causes my mind to speculate about future good news! LOL One can always dream.
Okay. I can do that. Thanks.
Interesting! E*TRADE shows FNMA and FMCC both at $3.25 right now. I wonder what is going on?
Low volume takedown! This thing is about to explode upward. IMHO
J. P. Morgan paying 614 million more for settlement to FHA. http://www.bloomberg.com/news/2014-02-05/jpmorgan-joins-morgan-stanley-in-settling-u-s-mortgage-cases.html?cmpid=yhoo
Morgan Stanley to pay 1.25 Billion in settlement. Nice!http://www.bloomberg.com/news/2014-02-04/morgan-stanley-agrees-to-1-25-billion-settlement-over-mbs-sales.html
LOL! That is one way to go. GLTY
If you make over 150 trades every three month period E*TRADE lowers the fee to 7.99 per trade. Go FNMA
Horrible manipulation. Just have to laugh.
Come on Man! The bid is 60+ times the size of the ask and we are not moving up. Go FNMA
Thankful that I sold my million shares at .0105 ,it looks like dilution is now taking place. Hope I'm wrong for current shareholders. GLTA
Anyone want my 450000 shares at .0052, partial fill 10000. Just looking to move on to faster moving stocks. GLTA
I asked Don if he had plans for STEP to become a public company in the future. He told me he was already in the process with Finra and that a new symbol could happen in two months.
I dislike some of the replies I have received today stating that Don's plan cannot or will not happen. I spoke with the man today. He was genuine, polite, and willing to share his plans for STEP.
The SEC is being unreasonable as far as CTCC is concerned so Don is moving forward trying to bring the company public in another manner. I applaud his tenacity and believe he will help shareholders who tried to invest in STEP.
I just looked at my share count and when they were purchased. In my case over a million shares, I bought right up to the halt. BUY CTCC 123000 shares on 4/12/2012, talk about being blindsided by the SEC.
I hope things work out well for all of us.
Today was the first time I have ever talked to Don. Previously, I have emailed the company but have not received a reply. Guess I got lucky today when I called, Don answered the phone at MDI.
Definitely feel more optimistic after talking to him about CTCC, SEC, STEP and its future, and the new symbol.
I am sure he already has a current shareholder list since nothing has traded in days. Furthermore, why would he give me his email and ask me to keep in touch and have me send him my current share count and when I purchased the shares if he did not intend to make it right?
Go STEP
I agree that would be "bad ass" if he can pull it off. That is why I am keeping my fingers crossed and wish the best for Don, STEP and the new symbol.
From what I gathered from the conversation the SEC is hell-bent on killing CTCC once and for all.
Don knows this is not right to the current people who invested in CTCC/STEP but there is nothing he can do about CTCC. He asked me to keep in touch with him via email. I do not know how he will try to make this right with current CTCC holders but preferred stock, common stock or restricted shares seem to be the most likely solution. IMHO
Don was willing to make settlements with the people who were burned by the ponzi scheme even though he had nothing to do with that situation.
His concern for people who invested in STEP is real. You need to talk to Don and get the information from the source. He may "settle" with STEP investors by giving us restricted share similar to the way he was making settlements with the ponzi scheme investors. Again just speculation on my part.
Don did not say this but I believe when he gets the new symbol approved he can design the share structure anyway he wants it to be. Therefore, he could give CTCC shareholders shares of the new company and have additional shares for sale to the public.
This is just speculation on my part but I got the distinct feeling that Don will make this right with current shareholders. BWDIK
Wow! I just got off the phone with Don. He told me many things that they have tried to do in the negotiations with the SEC. It basically comes down to the SEC wanting to end CTCC no matter what anyone tries to do.
Don wants people who have invested in the idea of STEP to stay in contact with him via his email address DonM@Step-Power.com. Don is working with FINRA to take STEP public under a new symbol. He mentioned if things go well the new symbol could be approved in two months. I am keeping my fingers crossed.
Don seems genuine in his concerns for shareholders who purchased after the news that CTCC had acquired STEP. GLTUA and good luck Don!
This is looking like a case of fraud. MacIntyre has a news release that CTCC has purchased STEP. Then, people invest in CTCC. Once he has our money, he rescinds the deal and gets off scott-free? I don't think so!
He still owes everyone who invested in CTCC because of the news that CTCC had acquired STEP. Don is looking at a Class-action law suit by shareholders. GLTUA
Being reluctant to trust pink sheet CEO's is a prudent and understandable quality. It will serve you well in most cases. GLTY
I disagree Paperlion. Don was willing to settle claims with Taylor's victims even though he had nothing to do with the ponzi scheme.
I believe he will make things right with the current shareholders who invested in the idea of STEP. Now that the deal has been undone; shareholders could claim fraud if he does not help the shareholders. I feel Don is a good man and will not leave the shareholders holding the bag. JMHO
Not much we can do until Monday when Don gets back in town. Maybe he is working with the SEC as we speak. It is all speculation at this point. GLTY
I called Mr. MacIntyre's number yesterday a guy answered and said that Don would be out of town until Monday.
I asked if there was anything individual investors could do to help with the SEC and the symbol change(STEP). He took my name down and said he would mention it to Don and asked me to call Don on Monday. I will let you know what he says.
Just checked with the TA; A/S 400 million, O/S 283 million, Float 174,857,001 shares.
Hope we get some good news on CTCC/STEP tomorrrow. GLTUA
I am trusting my DD. Don is the man!
It may look like the ship is going down, but things always look darkest before the dawn. GO STEP!
Thankyou MONEYMADE. That is sort of what I thought as well.
Now we wait to see what the SEC's endgame plan for CTCC/STEP turn out to be. GLTUA
MONEYMADE you are more knowlegable about legal proceedings than I am.
It seems to me that Don will have considerable leverage when he talks with the SEC. He has tried to negotiate settlements and owns a virtually worthless shell right now. If he decides to walk away from this mess, the people with claims are shafted.
I would think the SEC would try to help the claimants by reaching a deal so they get a piece of the CTCC/STEP pie and the STEP symbol change gets fast-tracked. Is this a likely outcome? TIA
Anyone, what are the chances CTCC gets changed to STEP within the next two weeks while suspended?
Even better!
"Multi Pennys" I like the sound of that! GLTY
I think shareholder persistance will break through by the end of the day and help CTCC close green.
$30 bidwacks unbelievable.
I agree (I wish yesterday didn't happen). What a wicked shake. Usually, good things happen shortly after big shakes.
GO Don Go CTCC