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I wonder if one MM can continue to sell FTD's to another MM so that the one with the existing FTD can cover???
Otherwise thay are just trading between themselves to create the illusion that there are sellers here!!!!
This is why I filed a trading complaint with the SEC. They responded with confirmation.
Proof of a short! Somebody owes BIG TIME!
They are STILL NOT filling my order at .006, even though there is volume going through at that level. HMMMMMMMM
Is anyone else watching the volume jump around? It popped to 3.6 M and then just dropped to 3.1M.
YEP!!
Guys!!!!!!!!!!!! I think the shorts are starting to cover, as I have had orders in to buy at .006 all day and they have only filled 50k. The volume just jumped like a million plus and NO fill,or movement!! They are trading between themselves for shares from us, or are starting to cover.
We knew it was going to be difficult to receive the dividends based on the deficit, and it will be even harder for them to come up with the warrants as Larry stated that they will have to go to him for them, per WTL's discussion with him a few weeks ago.
In addition, all EQBM record holders need to inform their broker/dealer that they want a written statement that the phyiscal dividend certs are within their brokerage firm!!!!
Then you can request them in YOUR NAME or transferred to another broker.
Anyone new to the board should click on the survey link at the top of the I-box and view the current ratings of some of the posters. It will give you an idea of who is not here to support EQBM as a company!!
YEP, and they are going to try to do anything they can to get others to sell their shares to them so they can cover their FTD's!!
They are cornered.
Don't give your shares away to them!!!
It doesn't matter if the shares they buy back are FTD's or the real shares, they need to return the money that they stole from retail by selling counterfiet shares!Therefore, make them pay as MUCH as possible! They sold phantom shares way higher than this, and they should have to pay 10 times higher than where they sold their phantom shares to begin with!!!!
MM's NEED to STOP selling shares that they DON'T have during the demand from retail, and then delivering on the phantom shares later after they have found them or shoved the pps down to pick them up!!!!
Thats [IF] they even truly look to deliver on the Phantom shares they sold in the first place. 118+ Million per NOBO!
There NEEDS to be a constant effort on everyones part to inform the regulators of this on going issue!!
I have filed a complaint with the SEC on this EQBM issue, and I suggest others do as well!!!
There are PLENTY of hostile areas in the world that produce BIG money in O/G!!
DP.... I see you want to flip this from .005 to .01, and that is fine, but try not to make it look as though you know for sure what will transpire here. No one knows the future, NO ONE!!
BY the way DP, where do you live???
Cheers :)
Well, legally they NEED to pay out the D/W deficit AND cover the FTD position in EQBM. This is what remains to be seen, since the DTC/MM/brokers are going to play the finger pointing game until the perp is forced to pay up the fraudulent gains.
Meanwhile we have news on the very near horizon!!
Hey Dp...Long time no speak! Hope your doing well, and your Holidays were good!
As for Larry, lets see what the future holds, as I would NOT want anyone holding my past over my head!! Anyone else??
Goin to the beach. It's like 85 here in Florida today!!WEEEE
lets see if I can catch some redfish!! :)
Later
All here need to consider one very important issue!!
When Larry starts adding value to EQBM, as he has stated in his PR's, the stock value will inherently increase.
In addition to this, is that I have seen several squeeze plays that went up huge, and had NOTHING to do with the company and EVERYTHING to do with the shorted share structure being rectified!!
How many times have you/we seen a stock run up huge, and then ask ourselves why?? You know why!!! :)
Double shotgun coming right up!!
I'm out to see a movie, catch you guys tommorrow.
Link REPOST to Canadian companies doing business in Dalian, China.
http://english.peopledaily.com.cn/200408/12/eng20040812_152692.html
1. This is a PINK stock, therefore it obviously has some "red flags" to it. That's the very reason the pps is where it's at, in addition to the FTD's of course!!
2. ALL penny stocks are the risky of the riskiest!! If your down here you should know that.
3. If big potential was obvious, then this, or any other stock would be trading at it's perceived value. This is why pennies are SPECULATIVE plays.
4. Sure, I can find dirt and negativity on EQBM, but that's the very reason we are here. Buy low, sell high! Heinz sight is always 20/20, therefore buying after a penny stock shakes some dirt off is generally TOO late.
5. "Buy when there's blood in the streets" is a valid saying!! The key is to be able to hold until after the streets are clean and safe again.
6. As I have stated before, the only reason individuals bash a stock is because they either want cheap shres, lost money on the stock, are about to loose money on their short/ftd position, or are just in need of attention.
7. As for Canadian companies doing business in China... read this article: http://english.peopledaily.com.cn/200408/12eng20040812_152692.html
8. I know why the individuals that have money in this post on this board, but ask yourself why individuals that don't have money in this continue to come back here time and time again, as the SP starts to move up!!
9. Remember that Larry needs to get SOMA/EQBM up and moving north in order for the warrant holders to want exercise them. The first warrant expires on March 31/07, therefore in order for me to want to exercise it, I need to see SOMA trading solid for at least a couple months!! Think about it!!
10. If ya can't handle the heat down here, then go buy a mid/large cap stock and earn your 5-15% returns on the tiny fraction of shares that your money can purchase.
11. Pinky/penny stocks are NOT for the weak/fearful/or impatient!!
Peace out
Alright SOLDIERS... Line up for a BIAATCH SLAP!!!!!
1. FEAR IS YOUR ENEMY.
2. If ya didn't sell before now, ya mine as well grab your KAHONAA'S and wait for this to unfold.
3. Ya should ONLY trade with money you DON'T NEED for at LEAST 3 to 9 months!!
4. NOTHING.. I REPEAT NOTHING HAS CHANGED HERE!!
5. Larry didn't even have to give out D/W's!
6. The D/W's don't trade UNTIL April, so RELAX, and keep the HEAT on the brokers!!
7. News will come on the day it comes!!
8. Larry is anticipated back next week, and the Dalian deal is anticipated to be announced within the next 10 to 20 trading days!!
9. If it drops, I am BUYING MORE!!! HE HE HEE
10. Enjoy your weekend, and use the links to the SEC/DTCC/NASD and NASSA to file your complaints!!
MOST OF ALL.... We NEED to remain calm, collective and unified!!
Have a GREAT weekend all, and enjoy the experience of this journey we call life.
Peace out!
Once we do receive the actual SOMA dividends, does anyone know where or how they are going to sell them after April 15th???
I have to agree that the D/W discussion has been beaten to death, BUT that is where the MM's FTD/NSS is/will/has been exposed!!
This should give EQBM the ability to reflect a true SP value as Dalian and "other strategic aquisitions are announced".
In addition to Dalian, I am anticipating the return of 50 Million shares!!
It makes NO sense to me that the EQBM SP would drop below this level due to the fact that we have traded here for over 6 months, and are closer to fruition than ever!!!!
Just got an email back from Scottrade.
They stated that the reason the dividends appear in my account is because they have been allocated, but they have NOT received them from the DTC.
Also, he stated that the Certs are/will be held in "Street Name".
I can request the dividend certs that have been allocated but not the warrant certs, as they have not been allocated.
That flys directly in the face of the guy I spoke with yesterday. He stated they had the physical dividend certs, and could deliver them. HOW?? If they have not received them YET!!!
Yeah, I can request them now, but will not receive them until they receive them.
This reply was just a few minutes ago, and he stated that it came from his dividend department this afternoon!!!!
Still waiting for a reply from Scottrade if the dividend shares reflected in my account are actually real, and in physical form within the Scottrade firm. We will see!! As I have stated, I suggest everyone do this as well. Therefore we have in writing that they either do or don't have them in hand!!
Then WHY are these brokers even placing an amount of the dividend in your account that you are due???
They should not show this UNTIL they have actually recevied the REAL dividend shares from the DTCC/TA.
This is why I recommend getting a WRITTEN STATEMENT from each of our brokerage firms stating the WHEREABOUTS of the actual dividend shares that are rightfully ours as of the record date/ pay date!!
EVERYONE....
We have spoken with the TA and Mr. Haller has repeatedly stated that they have done everything necessary for the D/W's.
We have spoken with Larry and he has done so as well.
We have spoken to our brokers, and they state that it's up to the DTCC.
We know that as private investors that we cannot speak directly to the DTCC.
Therefore, I believe we have TWO courses of action. One is to continue to ask our brokers to represent us to the DTCC as to why we have not received our warrants and IF all of the warrant shares reflected in our accounts are actually REAL. We each need a WRITTEN STATEMENT email from each broker specifically stating that the Dividend shares reflected in each of our accounts are real!!!! ( We will need to do this for our warrants as well)
Second, is to contact each regulator within the state in which you live or have your brokerage branch in. Here is the link. http://nasaa.org/QuickLinks/ContactYourRegulator.cfm. Just click on YOUR state and proceed with filing your complaint and information to date.
I am out for the day!!
As bad as this news is, it lends itself to GOLD having a super spike!!! There are always winners and loosers in any situation!! JMHO
BIGN/Lancaster...Take your head out of your A#@ and release some news for your shareholder base!!!!!!!!!!
I called the TA (Ron Haller) today, and he said they were sent and he really couldn't say anything more at this point!
Then I called Scottrade and spoke with a rep for about an hour or so. He stated to me that in fact they actually have the dividend in cert form, but are waiting for the warrants from the DTCC. I asked as why it was taking SO long on the warrants, and he said he didn't know. I told him that he represents me as an investor, and that he needs to call the DTCC and find out why it is taking so long. At that point he stated that they were informed through their internal department that there WAS in fact a short position suspected, and that they needed to insure all Scottrade investors that their shares are REAL!! I asked for him to email me that notice, and he said he could not do so. He said there "may" (lol) be some brokerage firms that have allowed this to happen, and that is why we have not seen the warrants as of yet!
I am requesting my cert dividends at this point, just to be on the safe side, because if the short is true, then somebody has Phantom dividends in their accounts.
I will also be requesting my warrant certs as well.
He said that when we want to sell the dividend, it only takes one day to have them ready for selling, once they receive them back from us.
He will be sending me any information that he can find about the warrants.
The video shows what can/does happen to shorted/FTD positioned stocks. The key here with EQBM is that the shorts or FTD "phantom" share sellers are now subject to the Divy payout, and the only way for all of the rightful owners of record to be paid is for the shorters/FTD "phantom" share sellers to deliver the D/W!!
How they aquire the D/W's to pay us is the BIG question here.
Add in Dalian and other news on the very near horizon, and I believe we have a very interesting play that is soon to unfold!
Gold is on the rise AGAIN, and the predictions are that it will continue as the dollar keeps going down!!! Currently the 24 hr. gold is at 639 an ounce!!
Can anyone say Dalian!?!?
Can anyone point me to a penny stock that has never been bashed at some point?? Thanks, I would really like to know what that looks like.
I know this subject has been hashed and beaten into the ground, BUT here goes.
I understand that "pumpers" want the stock value to increase, because it in turn makes them money. I find that that is the ONLY reason they are positive on a stock.
Now, "bashers" can have a few logical reasons to be negative of a stock.
1. They want to buy in cheaper.
2. They or someone affiliated will loose money if it goes up.
3. They lost money on the stock in the past.
4. They are in need of attention.
I cannot think of any other reason for someone to take the time to post on a stock that they have no money invested in. There are literally millions of places they could spend their time!! So I ask, why here??? HMMMMMMMMMMM
I am optimistic of EQBM's recent pop, and the previous little pops!
This to me is a clear indication that EQBM has the potential to run on any real and consistent news!!
Happy New Year guys!!! May this be a year of fond memories for all of us, and EQBM!
Well for entertaining value, yes I would NOT rank the vid in that cat., just good info for all to refresh their mems on how it all plays out. It's also good for the newbs.
How'd ya like the vid? I thought it was really well done and informative myself!
Everyone....Watch this video!!!! It's about an hour long, but will be worth it.
http://www.businessjive.com/nss/darkside.html
Now file your complaints....
http://www.sec.gov/complaint/selectconduct.shtml
Nice post ST. You hit the other angle I was considering!! Gold is set to run in 07, which only ads fuel to the EQBM scenario!
Well stated! As for the TOS button, I believe you know I have exercised it! :)
All here are here for ONE reason and one reason alone, and we ALL know what that is!!!
Im beat and headed for the bed!
Funny how tables turn from several months back!LOL
C ya
Lowtrade.. Your views and experience are not in objection here, it is those that intentionally come on this board and harass those invested.
Individuals with no true buying interest coming in here to throw dirt on us and a pinkie stock is just ludicrous!!
Educating others with and in good faith/will is respected in the utmost in my view.
This IS pennyland and is the riskiest of risky stocks one can choose to partake in. With that said, I believe all here are aware of those said risks and have chosen to play.
As for the PR story and charting...I believe you are correct and that we are on the verge of another cycle with EQBM.
It's not about trying to find the penny stock telling the truth, but finding the one with the best storyline. That's just my opinion.
EQBM is in a peculiar place indeed. We have many factors in play here that need to be considered.
1. We have the anticipated close of Dalian in China.
2. We have a LARGE position of FTD'S that are subject to a D/W payment to current record holders.
3. We have other strategic deals that Larry has stated in past PR's.
4. SOMA and EQBM are ready for trading on the Frankfurt exchange.
5. An OBO has been ordered to my knowledge.
6. Larry Pr'd that he intends to retire 50 Million in the near future.
7. Also, I believe there is other news on the horizon.
As for NOT believing the PR story, I agree, BUT I don't think anyone could have anticipated or evaluated by charting that SUNW/AOBO/PAVIS/AWYB/SSSU/PTSC/CSHD and many others would have reached the trading level they did.
I firmly believe there is a change in the tide, due to FTD's and having them covered and/or prevented to continue unabated.
Yes the market would collapse if all FTD's were called to be covered, and the governing bodies are NOT about to allow that to happen. It's sad that MILLIONS upon MILLIONS have been fleeced out of the retails hands. It's sick, and I believe it's the BIGGEST SCAM of the 21st century.
Now, as for Larry/EQBM setting up to sell shares on the Frankfurt.. well so be it, because there has not been any true volume on either exchange. Therefore if Larry intends to sell, then he will obviously need to begin a PR cycle in order to achieve his goal, and this will in turn allow those in the stock to also sell through this time frame.
Is EQBM going to go through some pain before all this unfolds?? I really don't know, but we have been in this trading range for the past 7 months, and we are now much closer to a closed Dalian deal, along with others as well.
Fear, panic and greed have no place in this market, because we have all seen stocks go down to unreal levels, and run up to unreal levels. This is where speculation and chance grip us all.
As for the legal issues surrounding this play, I believe we do have the option as a group to turn up the heat and protect our own interest.
Now for those individuals with no apparent and admitted buying interest in this specific stock.. I say WHY be a jerk??? It's sick to see this continue in any capacity.
Well, I believe I have said my peace for now.
Happy New Year to ALL!!! May 2007 be a fruitful year in all your endeavors
Somethings not right here!! I have a buy in at .017 and they are NOT filling it, and they just dropped it to .015/.016!
http://www.sec.gov/complaint.shtml
If only one or two file a complaint, it will NOT carry as much weight as 20 or 30 of us!!!!
MM Manipulation.
FTD's.
D/W delayed payment.
Naked Short.
BOARD...Do not respond to individuals that we know are here to disrupt the board, and have not one bit of interest to buy in this stock!!!!!!!! They are here to stir the pot, as they seem to get their kicks out of irritating their fellow man.