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Bank is managing over $2 billion - and the market cap is as follows: LOL
http://www.shortsqueeze.com/?symbol=vnbc
Shares Float 8,500,000
Total Shares Outstanding 10,140,510
% Owned by Insiders 20.44 %
% Owned by Institutions 9.70 %
Market Cap. $ 1,419,671
________________________________________________________________
Look at the IBOX and notice the large increase in Insider OWNING!
Vineyard National Bank - VNBC
Large california bank becomes delisted and trades as a pinksheet stock.
Company Release - 04/22/2009 09:00
CORONA, CA -- (MARKET WIRE) -- 04/22/09 -- Vineyard National Bancorp (NASDAQ: VNBC) (NYSE Amex: VXC.PR.D) (the "Company") announced today that on April 16, 2009, the Company received a NASDAQ Staff Determination letter notifying the Company that its failure to pay its annual listing fee constitutes a failure to satisfy the filing requirement for continued listing under NASDAQ Marketplace Rule 5210(d) and, therefore, trading in the Company's common stock will be suspended at the opening of business on April 27, 2009 and a Form 25-NSE will be filed with the Securities and Exchange Commission (the "SEC") which will remove the Company's common stock from listing and registration on The NASDAQ Stock Market. The letter from NASDAQ advised us that the Company's common stock will not be immediately eligible to trade on the OTC Bulletin Board or in the "Pink Sheets."
On April 17, 2009, the Company also received correspondence from NYSE Amex LLC advising the Company that because the Company did not file an appeal regarding the delisting notice received on April 9, 2009, trading in the Company's 7.5% Series D Noncumulative Preferred Stock ("Preferred Stock") will be suspended at the opening of business on April 22, 2009. The correspondence from NYSE Amex advised us that the Company's Preferred Stock will automatically default to the Pink Sheets and be designated a new ticker.
About Vineyard National Bancorp
The Company is a $2.0 billion financial holding company headquartered in Corona, and the parent company of Vineyard Bank, N.A. ("Vineyard"). Vineyard, also headquartered in Corona, operates through 16 full-service banking centers and one regional financial center in the counties of Los Angeles, Marin, Orange, Riverside, San Bernardino, San Diego, and Ventura, Calif. The Company's common stock is traded on the NASDAQ Global Select Market under the symbol "VNBC." For additional information on the Company visit www.vnbcstock.com or for additional information on Vineyard and to access internet banking, please visit www.vineyardbank.com.
American Deaths - now expected due to Swine Flu!
http://www.msnbc.msn.com/id/30453688/
GM to force more than 1,000 dealers to close!
http://www.msnbc.msn.com/id/30458421/#storyContinued
We will sell no swine before its time!
http://www.futuresblogs.com/2009/03/we_sell_no_swine_before_its_ti.html
Well - due to the SWINE Flu - I sold my shares of KEY today!
We are now a BIG FISH in a small pond!
No - it stayed the same for VNBC - and changed to VNBCO for the preferred shares.
I will be updating board soon - Nice share structure - just needs volume!
Should run hard - now that its been delisted and the institutions have dumped.
LOL - Hopefully ANDS will get the Government Contract.
LOL! --- Bad financials! (but - NOT THAT BAD)
Beware of the swine flu - here is how it starts!
I agree - but look at this chart!
ANDS - a bottom coming soon - !!!!
They will be able to trade the common - it will just be a delay of about 1 or 2 days - After that - the common and preferred shares will likely take off!
Financials came out - showing a nice cash burn rate!
Company has 28.5 million dollars in cash - its working on a hepatitis C drug - hopefully all will work out.
ANDS - look for bottom and NICE bounce!
Someone is VERY smart and accumulating shares at .14! I added today!
In my past experience - it is always up!
Look at COA - Coachmen Industries - traded at .29 - .31 range as a big board - upon delisting it became COHM and is trading over $1.00
VNBC Chart
Me too!
I bought it once at .06 and it ran to .96 - that was fun - LOL
SYTO rocking now
Either a major holder is dumping shares - or the company is selling into the bid - which one?
Damn it! Right after I cancelled my order to buy at .0001 - an order went through - LOL
Guess it wasn't meant to be!
The ask is .017 - you should get filled.
Although - I cancelled my SGGC order at .0001 that has been there for weeks - and finally some were sold at .0001 today - and I lost my chance - LOL!
Initial position taken at .0155
ANDS - now at 3.49
KEY - now at 5.83
VNBC - at .14
ALL look like buys!
2014 - 2017 - When it become Pradigma Oil Group - that is my goal!
Earlier would be better.
Predictament Oil Group - LOL!
I have shares and am holding them patiently!
I know this one is going to KICK it one day!
TY - I think we have something now - the selling pressure wasn't there!
If CEO is smart - he will allow the price to get to about .50 and then gradually sell to raise money!
I am in KEY this morning at 6.03
ADDED more at .025 today!
ATTD - today?
Nice bid support!
LOL!
BKC - Burger King - finally coming off the bottom!
Me too!
BKC taking off today!
Sure the hell can!
LOL
RSI is heading up - ADX trend is rising - and Directional Indicator is positive - LOOKS strong!
Needs a 300K volume day!
http://investorshub.advfn.com/boards/board.aspx?board_id=14722