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Imiloa, I never claimed that this can't rally in the Greys. I only asked if it was possible and if there were any any examples out were it has. I've never traded any stocks that were suspended and went to the greys. I'm a insecure virgin here.
Lol! Thanks for your opinion. Does anyone know of a rally in the Greys post suspension. I never traded a grey stock that wasn't there because they wanted to be.
I wouldn't worry to much. I believe we have at lease another 3-5 months to get to our desired position here. I don't believe this will move without a major announcement and I don't see that occurring until at least a few months.
Otc, pink sheets, whatever they were before the suspension, you know what I meant.
Do you think the sale of WS will move the pps in the GM?
If Mark isn't able to return MIKP to the otcbb and goes with plan b to become fully reporting and uplist he will have to R/S. I don't believe he can get the pps up to where it needs to be in the GM. If he can return it to normal like be stated in his PR this will work more in favor for the shareholders but plan b will obliterate our positions. So lets hope he gets things back to normal.
And it's just not penny stocks that's gambles. I bout into Zynga when it first opened at about $7.00 rode it all the way to about $14.00 and sold. Glad I did now its at $2.00 and change. All a gamble we don't need life coaches its fun.
Penny stocks are where you put up money that you can afford to loose in hopes of making a modest to substantial gain. I think we all know that. If you don't believe, leave the craps table and go play poker. It's all a gamble and our money. That we can be sure of.
I give you a dollar and you give me a dollar. Same concept here for every buy there's a sell. No bid or ask in the Greys. Yeah I know it sucks. Lol
At this point I think it's mute why the SEC suspended MIKP. Clearly questionable activities where found and therefore it was suspended. However if Mark is right and all these things where from a couple of years ago and we have sense been on the straight and arrow and can be proven hopefully we can get an MM to sponsor and where back to business as usual in a few months.
I know It is to but it's hard to convince new investors when we're stuck in the Greys. Mark can do it with hard work I believe.
No trades today?
Sounds good to me. Thanks. Go MIKP!
Looks like Mark finally got it right on the 3Q filings. Go MIKP!!
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=92129
So your suggesting everyone that's bought MIKP shares are also a part of ihub?
Glad to see he corrected this error. Don't want anything to come back and bite us later.
I'm not sure about the next guy but I'm definitely for MIKP still have a lot of money tied into this, but what many are over looking is its the small mistakes that got us where we are now. I'm not nit picking but I prepare reports for my job all the time it's called prof reading. Can you honestly tell me if he had actually read through this he would not have found something so obvious. We were just suspended for gods sake. No one wants them to succeed as much as me everyone wants to retire early.
Well if you believe Mark he stated that the DTCC was aware of Fairhill so that's all we can really go by.
Hummm. That's hard to believe. That's even worse to me if this came on there radar by itself. Either way same results I guess. Hope mark can work his magic like he did with the DTCC.
How do you know? The whistleblower act doesn't tell you if there's a complaint.
Yeah I think so to that's why it's so hard to swallow what happened here. I really believe in Skin Trade great novella. I'm crossing my figures that he can get us out this mess.
And I totally agree. But does that excuse the ones that happen to get caught? They can't catch everyone of them. They catch the ones that are blatant and the ones that have plenty of angry ex shareholders like MIKP who continue to file complaints.
We can blame the SEC all we want whether they took 1 or 2 years to suspend MIKP at the end of the day Mark was doing some questionable stuff and it got his current shareholders screwed. Simple fact is if Mark had been doing everything correct from the start we would not be in this situation. They're are many pink sheet companies out there that this doesn't happen to. Think of it this way why did MIKP get chilled was the DTCC wrong too. Mark has been warned by both agencies put in place to control fraud on the public market. Or they both getting it wrong. I'm a loyal shareholder and I believe in what MIKP has to offer but this is Marks fault!! Not the SEC or DTCC. The only thing I care about now is can this be corrected and will Mark learn his lesson and walk the straight and arrow?
Like I said Mark is not an accountant, nor does he know how to run a public company. That's why he looked for outside help like KOP. And I would guess emphases on guess that KOP is slowly but surely cutting ties at least I would. A company your trying to help that eventually went to the grays not at the fault of KOP doesn't really help the resume. Mark needs to count his loses, and either make MIKP private or sell it if possible. He went to school to learn the movie business, I guess he knows how to make movies I say that because unfortunately we haven't gotten a chance to actually view one he's made.
Wouldn't get your hopes up to much. I did last year and it produced zilch. I hope for the best this year though. Even if it did produce something it would have to be an offer to good to be turned down because Mark already said that he wanted to go to the other big functions later next year before he would consider selling. And I would say that the recent events of the fall to the gray sheets would hasten Marks desire to sell WhiteSpace but he doesn't have complete control over when, whom, and how much an acceptable offer for white space is. In layman terms we're screwed. I think shareholders ideal situation going forward is that Mark sells MIKP to a fully reporting company and let someone else take his vision to new heights, because even though I admire Marks tenaciousness he doesn't know how to run a public company. He's a movie guy not a stock broker.
Im sure you have your reasons for hating Mark, but I've made $8,000 off MIKP so if he's a little girl, little rabbit, house cat, beaver, or a Nazi he's good in my book. Keep it coming MIKP!! Joking on the whole Nazi thing. I guess. LOL
If Mark was start he will retire as many shares at this price as he possibly can.
I was thinking more like a year or two. I can do 3-6 months. But I wouldn't hold my breath that this will come off in that time frame. I'm will give them to the end of the year and then reevaluate.
Never heard of Merrill Edge as we where discussing Fidelity and Etrade.
Different companies different rules. That may be the case with Fidelity, while the chill was on I could still buy and sell as usual while TD Ameritrade and others could not. GLTU whether your buying or selling.
I'm not sure who you use but I contacted Etrade and they informed me that I will not have to call to place a trade or order. I can still do both over the web.
Not sure how he could be part of an investigation that was done 2 years ago that brought this to a suspension and KOP came on board as a consultant about 5 months ago.
It didn't say it outright but this paragraph pretty much spells it out for you! LOL!
Wikipedia
Reverse Stock Split
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"There is a stigma attached to doing a reverse stock split, so it is not initiated without very good reason and may take a shareholder or board meeting for consent. Many institutional investors and mutual funds, for example, have rules against purchasing a stock whose price is below some minimum, perhaps US$5.[citation needed] In an extreme case, a company whose share price has dropped so low that it is in danger of being delisted from its stock exchange, might use a reverse stock split to increase its share price. For these reasons, a reverse stock split is often an indication that a company is in financial trouble."
Sorry my friend there's no such thing as a good RS. Even Wikipedia will tell you that. Longs will ride the uplist but there position will dwindle next to nothing. So in other words the mention of a RS albeit may be necessary it will run most of us off.
But didn't he say he will have to restructure in order to uplist. That the only thing that scares me and makes me want to just get out now. What you think! Are you going to stick it out?
Yeah but he will have to do a RS in order to do that killing our current position.
I'll help if I can just let me know how I can.
Why cant MIKP just get a new ticker symbol & company name something they wanted to do anyway and start over?
Thanks