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Why is volume so LOW ?
Nice.
Just as Derrick promised.
Reduced to TOO many still.
Odd so low still ?
Friend of mine said would seem only logical may see a FILING coming....
Not another !
So CEO Derrick LIED on 9/9 ?
Couldn't be ?
From p/r 9/9 : "Derrick Holmes, Chief Executive Officer of Banneker, stated: "We consolidated our shares to better assist the company's ability to raise funds for its future development. We believe that this reorganization may result in our capital stock to become more attractive for institutional investors. This belief is based on historical performance and share prices of comparable micro cap companies currently trading on U.S. stock exchanges, which generally benefit from a larger base of both institutional and individual investors."
AND WHAT HAPPENED HERE as it IS now Q3? (same p/r) :
"Over the third quarter, the company continues to position itself for massive growth and is still in talks with key individuals to assist in this process. This is all in line with establishing an all star line up to bring Banneker, Inc. into the future and to help bring awareness to the Banneker brand."
Please don't say they/CEO lied ? !!!
I saw those 2s also.
How long did it last ?
I got tied up today, but really thought we might lift off...
Bani volume ? ? ?
How in the world do we have 139m volume, and many days around 100m with only 2m outstandling after r/s .
From OTC today : "BANI Security Details
Share Structure
Market Value1 $12 a/o Oct 15, 2010
Shares Outstanding 24,060 a/o Sep 10, 2010
Float N/A
Authorized Shares N/A "
This is a very good trick !
Can I have my money back now ?
How bout a watch ?
GNZR $1.74-$1.91 not even knowing
what we owned...
And held $ MONTHS ? ? ?
I mean this was .03-.04 pre March 2010 r/s -
so todays pps would be old : .0008 !
How bout some NEWS, revenues, plans ? ? ?
PLEASE !
Almost 300m, and no change in pps ?
At least we had a bid all day , and not 0000 which means they were moving it at the 5th digit levels.
Last year - NOW was spike. Very short, but last October we had decent earning year over year. Maybe insides buying a few ?
YES - wishfull thinking ! Been here TOO long !
Probably just even more dilution with my luck
Much better revenue potential this year.
Nice p/r's
Should give us an even more intense run.
GLTA
Ever hear that song ?
"Don't spit into the wind
Don't tug on Superman's cape"
SEC is a joke
Might as well have a "complaint box" that gets collected
once per year, and all burned.
BZCN does NOT "pull back" till January.
SMALL dips only, but all up.
GLTA
Over 83%, and no posts ?
Funny - I'm the only one posting on Yahoo MB at all !
MMs having all the fun !
Shorting was what prompted the potential dividened in yesterday's pr !
How many days has it been ?
New rule today to deliver ?
New shorting laws come into effect TODAY !
This rule was introduced with the filing of SR-FINRA-2010-028, which has been approved by the SEC. This rule becomes effective on October 15, 2010.
(a) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days, the participant shall immediately thereafter close out the fail to deliver position by purchasing securities of like kind and quantity.[color=red][/color]
(1) Provided, however, if a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency for thirty-five consecutive settlement days in a non-reporting threshold security that was sold pursuant to SEC Rule 144, the participant shall immediately thereafter close out the fail to deliver position in the security by purchasing securities of like kind and quantity. The requirements in paragraph (b) shall apply to all such fails to deliver that are not closed out in conformance with this paragraph (a)(1).
(b) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days (or 35 consecutive settlement days if entitled to rely on paragraph (a)(1)), the participant and any broker or dealer for which it clears transactions, including any market maker that would otherwise be entitled to rely on the exception provided in paragraph (b)(2)(iii) of Rule 203 of SEC Regulation SHO, may not accept a short sale order in the non-reporting threshold security from another person, or effect a short sale in the non-reporting threshold security for its own account, without borrowing the security or entering into a bona-fide arrangement to borrow the security, until the participant closes out the fail to deliver position by purchasing securities of like kind and quantity and that purchase has cleared and settled at a registered clearing agency.
(c) If a participant of a registered clearing agency reasonably allocates a portion of a fail to deliver position to another registered broker or dealer for which it clears trades or for which it is responsible for settlement, based on such broker or dealer's short position, then the provisions of this Rule relating to such fail to deliver position shall apply to the portion of the fail to deliver position allocated to such registered broker or dealer, and not to the participant.
(d) A participant of a registered clearing agency shall not be deemed to have fulfilled the requirements of this Rule where the participant enters into an arrangement with another person to purchase securities as required by this Rule, and the participant knows or has reason to know that the other person will not deliver securities in settlement of the purchase.
(e) For the purposes of this Rule, the following terms shall have the meanings below:
(1) the term “market maker” has the same meaning as in Section 3(a)(38) of the Exchange Act.
(2) the term “non-reporting threshold security” means any equity security of an issuer that is not registered pursuant to Section 12 of the Exchange Act and for which the issuer is not required to file reports pursuant to Section 15(d) of the Exchange Act:
Todays new shorting rule :
New shorting laws come into effect TODAY !
This rule was introduced with the filing of SR-FINRA-2010-028, which has been approved by the SEC. This rule becomes effective on October 15, 2010.
(a) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days, the participant shall immediately thereafter close out the fail to deliver position by purchasing securities of like kind and quantity.[color=red][/color]
(1) Provided, however, if a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency for thirty-five consecutive settlement days in a non-reporting threshold security that was sold pursuant to SEC Rule 144, the participant shall immediately thereafter close out the fail to deliver position in the security by purchasing securities of like kind and quantity. The requirements in paragraph (b) shall apply to all such fails to deliver that are not closed out in conformance with this paragraph (a)(1).
(b) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days (or 35 consecutive settlement days if entitled to rely on paragraph (a)(1)), the participant and any broker or dealer for which it clears transactions, including any market maker that would otherwise be entitled to rely on the exception provided in paragraph (b)(2)(iii) of Rule 203 of SEC Regulation SHO, may not accept a short sale order in the non-reporting threshold security from another person, or effect a short sale in the non-reporting threshold security for its own account, without borrowing the security or entering into a bona-fide arrangement to borrow the security, until the participant closes out the fail to deliver position by purchasing securities of like kind and quantity and that purchase has cleared and settled at a registered clearing agency.
(c) If a participant of a registered clearing agency reasonably allocates a portion of a fail to deliver position to another registered broker or dealer for which it clears trades or for which it is responsible for settlement, based on such broker or dealer's short position, then the provisions of this Rule relating to such fail to deliver position shall apply to the portion of the fail to deliver position allocated to such registered broker or dealer, and not to the participant.
(d) A participant of a registered clearing agency shall not be deemed to have fulfilled the requirements of this Rule where the participant enters into an arrangement with another person to purchase securities as required by this Rule, and the participant knows or has reason to know that the other person will not deliver securities in settlement of the purchase.
(e) For the purposes of this Rule, the following terms shall have the meanings below:
(1) the term “market maker” has the same meaning as in Section 3(a)(38) of the Exchange Act.
(2) the term “non-reporting threshold security” means any equity security of an issuer that is not registered pursuant to Section 12 of the Exchange Act and for which the issuer is not required to file reports pursuant to Section 15(d) of the Exchange Act:
Nice run
down my sock
This is HORRIBLE !
I haven't seen a good "power hour"
since last Spring.
Doesn't seem to happen that way anymore, and especially in the OTCs...
GLTA
I'd trade my old 7.5m for one right now !
They'd proably not even offer a battery !
Anybody wanna buy a watch ?
I gotta $4065 one (my OLD 7.5m shares)
now on sale for $6.75 ! (new shares 7500x.0009=6.75) !!!
Anything to do with watches :
Seems to be scam.
This is as bad as buying one off NYC streets !
Absolutely gotta be another r/s coming.
Last was 7/29 - I guess they are out of money again.
TD usually does this for any "Caveat Emptor" status OTC.
ASFX & HTDS are just a few others at TD.
This is usually due to dilinquest reporting.
LIKE or CURRENT share structure would be nice !!!
UWRL nice on ASK + volume today !
BZCN last year this time . . .
Volume maintained with only very MINOR pull backs.
GLTA
GL with that "flatline".
Look at charts again.
Started 10/12/2009, and increased from .0004 (same) to holding over .0014 with occasional spikes and peak .005+ all the way through start of January. That was WITHOUT the new stores & new vendors !
GL on the 6s which you may get a FEW, but won't be around for long for the next 3 Months.
IMO
GLTA
We've banged .0008-9 MANY times already when no solid news came that was expected. IMO the volume does not show major dilution if any, and I strongly believe these 4s are a very temporary bottom.
JMHO
GLTA
Ronnie didn't "pull the trigger too soon" !
Lucky he got out before this drawn out pain....
The number if you wouldn't mind ?
When is the GRG going through ?
I've got same action on :
Banneker just did r/s ,and rumored even less o/s.
Immediate dilution ???
RB : any official word on current structure ?
As you mentioned - better for THEM if they keep it quite.
How loang are they ABLE to ?
Same iwant . .
In Jan 6 at 12, and averaged down in May at 4 for avg 6.
Not selling ANY till 40% goes at >.003s . . .
GLTA
Very nice !
Thank you pakfan !
Open it RIGHT for tomorrow !
"they're" not gonna let it go done from here.
1b tomorrow, and .0013-.0016 area to be.
IMO - more news by friday.
Keep it truckin !
Thank you...
Thank you very much...
Hw bout some PAINT for this fence !
See the Level II "ASKS" ?
2 at 16
2 at 18, and then we jump close to my average with .51
2 at 1.01
1 at 1.05
Still NOT able to trade old ?
IMO news will continue along with BUYS for the next 3 Months stright. It is THEIR peak season...
GLTA
BZCN Close today .0009 . . .
Tomorrow .0013 to .0016 . . .
Thats the way it works !
IMO
GLTA
NO "sell off" till January at BZCN.
Look at last year....
They start with news (like today), and then number start rolling in slow (like pr 10/8), all with nice steady up....
See you in the .003s where my first & only 40% will sell.
GLTA