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The a/s is based on the Nevada Secretary of State, as I noted. I checked this morning it remains 500,000,000. The company chose not to designate the different classes with the S.O.S. I will, however, list the companies notes under the S.O.S.
I think that the information remains relevant. I put the dates of involvement in the ibox.
Mr. Scuderi remains working with the company on an identity theft platform, and he was President up until a month ago. Scuderi was involved with two past Carnes shells. The Press Release mentions Signature Leisure, but doesn't mention Carnes. The link does not reflect an opinion on whether the involvement is good or bad, that's for the person doing due diligence to determine.
100 percent right until new rules go into effect.
Sorry for my belated response. It only takes one 15c211, it never needs updated. That would have occurred years ago. The last attempt at a new disclosure of information was the document filed with Pink Sheets with respect to Concorde Diversified which complied with 211. It wasn't formal as they didn't need a market marker or symbol. There was never an update for the hip hop companies, the mining company, or the present company.
hope so.
Well, I didn't take it down; however, I was not associated with the site in any way. I think the authors had originally planned to have it be a shareholders discussion forum for the company, but it's clear they didn't update it or otherwise keep it on the subject of the company. I don't know what was or wasn't accurate on the site, I really didn't pay much attention to it.
TOU REFRESHER: Today we deleted posts referring to "pumpers" here and "bashers." If you accuse people of pumping or bashing, the post goes to the trash. The topic here is the company and its management, not the guys who post here.
Businesses just disappear.
Nothing wrong with the product, but if what Major said is correct, might not be trading much longer or could go to greys. He's right about there being no more Louisiana company, it's a Nevada company now and that one has no CUSIP.
Too bad the word is "could" and presently there are no revenue and no business.
Nothing is wrong with flipping stocks, in my opinion, so long as the flipper isn't deceptive. Nor does investing alone make anyone culpable of wrongdoing.
Well since the new management, the price of the stock went from 20c to .001? That's making money? Oh, you mean making money for themselves! Now I understand.
I know they blocked it when it was CCDE, unblocked it when it become RHMX, which we pointed out to them and they blocked it again. They blocked RHNA.
Paul tried to get it unblocked by publishing the required "adequate" information such as that they had an insured office in Washington which was really a PO Box! Pink Sheets didn't buy it.
I think poor Paulie Taylor is buying the shares here.
Pink Sheets quit quoting the company when Paul Taylor started slinging SPAM. He came real close to a 15 day suspension which would have reduced this to greys.
They'd change the symbol, Pink Sheets would miss it until we notified them.
I think people let it go when it was IMMN/IMIN.
With ADCS, I made some rumblings about reminding Pink Sheets, but I didn't snitch them out. I understand that now it's not only the SPAM from before, but the abusive corporate actions and that they have this flagged.
Incorrect. ADCS is a grandfathered shell. It doesn't need a 211 to have a market maker.
I am referring to Pink Sheets' refusal to provide a quotation due to abusive corporate actions and a prior history of spamming. Pink Sheets designated this as Caveat Emptor and will not quote it.
They will reconsider only if there is current information available such as a registration statement or a public 15c211 published on their website.
The refusal of Pink Sheets to show the quote does not mean that your broker cannot display the quotes or that there are no market makers for the stock. It has not been reduced to grey status.
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Pink Sheets has discontinued the display of quotes on pinksheets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) and because adequate current information has not been made available by the issuer of the securities. It has been labeled Caveat Emptor for one of the following reasons.
* Questionable Promotion — The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public.
* Spam — The security is the subject of spam promotion having the effect of encouraging trading of the issuer's securities.
* Investigation of Fraud — There is a known investigation of fraudulent activity committed by the company or insiders.
* Suspension/Halt — A Regulatory Authority has halted or suspended trading for public interest concerns (i.e. not a news or earning halt).
* Disruptive Corporate Actions — The security or issuer is the subject of disruptive corporate actions, such as reverse mergers or serial stocks splits and name changes without adequate current information being publicly available.
* Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public.
* Other Public Interest Concern — There is, in Pink Sheets view, a public interest concern.
Consequently, Pink Sheets has removed the quotes from this website until adequate current information is made available by the issuer pursuant to Pink Sheets Guidelines for Providing Adequate Current Information (PDF) and until Pink Sheets believes there is no longer a public interest concern. Investors are encouraged to use care and due diligence in their investment decisions. Please read our Investor Protection page for more information.
The warning from Pink Sheets and the refusal to quote will stay until a 15c211 is published.
Who keeps buying the shares?
I'll put that in the ibox.
The company continues to list the address of Robert Cotton in Texas as it's headquarters. Why don't they update the Pinksheets.com website.
Stephen Spahr: just send an email to issuerservices@pinksheets.com to put the right address there.
Caveat emptor.
HEY! Why can I pay for a one month trial or a three year sub with Paypal but I can't for a one year?
TERMS OF USE REFRESHER: Any post attacking a user such as calling them a basher or pumper will be deleted. Discuss the company, good or bad, and the message stays. Refer to posters and say they are pumping or bashing and it goes.
They call their buddy Mike up at Madison Transfer and Mike issues a certificate. They deposit that certificate wherever their little nominees have accounts. That could be anywhere. That broker then routes the order to a market maker.
As far as the float being small, they moved the authorized up to 500 million from 250 million, so it's highly unlikely that it's going to remain small. These people are in the share printing business.
Resigned again Titan? Maybe Major can help.
People see this shell's headed to non-trading status eventually. Maybe 'ole Corey will put his funds into the company and put a real business in it, not a Paul Taylor business.
No, the axe is the management of this company that authorized the issuance of shares at an obviously below market price. You can't blame market makers for price manipulation, they didn't one day invent millions of shares to comport with the conspiracy theories that pink sheet executives like to spread around.
It averaged .04 today, which was the same as pre-divy, so no loss as predicted.
Neat action. Rumor is alot of shorts and it's on the short list.
Wny? Is Mr. Carnes here too?
Mr. Fury asked everyone to look at ADCS on February 27. Had anyone here done so, they would have lost almost all of their investment as the company dumped more than 10 times the amount of shares they had outstanding a few weeks ago. It's not even good for flippin.
On the contrary, they should not have issued shares until NASD makes the change. It didn't, they don't know about it. That's fraudulent concealment.
Silver,
For two days, your alias was senracevets, but you changed it back. Are you Mr. Carnes?
If it was a joke, please say that. If you are Mr. Carnes, you should publicly disclose that.
I am watching.
TERMS OF USE REMINDER: The topic here is ADCS, make sure your message is about ADCS, its management, its past, present, and future.
Who will send this packet? I never got one.
What's the authorized shares on this? Company dumped shares to death. Looks like reverse split time.
Lost a boardmark here, that's too bad. It's because Lie Bull hasn't been around with his commentary.
1.26 million is half the float from the Louisiana corp. Since the merger with the Nevada corporation occurred which prohibited shares issuances, Major might be right that they are counterfeit shares and this will turn into a BHUB type situation where people get stuck with worthless shares.
TERMS OF USE REMINDER: The topic here is ADCS, its management, etc. Any message referring to a poster, or the motives of a poster, etc., will be deleted. This is a stock board to discuss ADCS, not people who post.
Feel free to talk about the company, its management, associates, etc., good or bad, positive or negative. (Associates does not mean persons who post here).