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Another 10 mil went @ 3 and 250 k went @ 2. EOM
They're really trying to hold tough @ 2's and 3's. GLTA
Guys, these are 90% buys and now 3's rolling out the door. They'd have to let this thing run to 5's or maybe even 6's to cover shorts. With almost all buys this can't be a P&D or dilution. I'm prayin. JMHO
Jerad
Almost 127 mil buys vs 14.6 mil sells. Does that look like accumulation to anyone or am I missing the boat. GLTA
Jerad
We have had 26 mil shares traded since the 10th and mostly buys so someone is buyin. Maybe we will get a pop to .0003 or so, that would be O.K. with me. GLTA.
Jerad
They've been trading this in the 5th digit for 6 months. MM's have 5th digit trading ability ........ we don't!
MM's are 6 deep on the bid @ .0001. All these trades are sells. They're playing in 5th digits now below .0001. Got 3 stocks right now doing this exact same thing. Very frustrating, can't sell unless I take a beating. GLTA
Does anyone think we should contact the SEC about fraudulant manipulation now?
Just tried to contact them by phone again and got their message machine. EOM.
Jerad
2mil sells and 550k bought so far today. We really need news from MCCI, this is getting old. GLTA.
Jerad
Cubs, that would be great and I hope for all concerned that somehow this pps goes so we don't loose money. GLTU.
Jerad
Sorry about the double post guys, IHubs havin a stroke on me here.
No camero boy, I'm saying that if you look all the info and the lack of it, yes, it walks like, talks like and is acting like a scam.
Also, if you're done with me, I want my CD's back. GLTU
Jerad
Camero, just follow the PR trail and see where it ends up. Bogus stock symbol (and yes, that is supposed to be their symbol), company info not verifiable, no one answers the phone at a company that has sold several multi million dollar contracts in the past month or so.
I'm not a pumper or basher. I express verbally what I see in front of me, good, bad or indifferent. GLTU
Jerad
Mad trader, read between the lines, it's called sarcasm. GLTU mad.
Jerad
I own FDEI stock, when this popped to .1 and then crashed to the 4's and 3's after the board discovers the contract PR is probably bogus, I got very upset.
I don't need to put JMHO when this is tanking after a 2 hour run yesterday, it's a fact, just look at the L2 and the chart.
Called their phone number and got a recording of some old women sitting in an outhouse in the back woods of Kentucky.
DD on PR is showing it's more than likely bogus as well.
Wishful hopin for the moment to put a GTC order in and pray to recover some of my money but snapped out of that fantasy watching this plummett to the ground.
I'm a person that realizes the risks of stocks but I will not accept someone scamming me in such a fraudulant manner.
This isn't MHO, these are facts. Have a nice day............
Well, a scam it is. One hope is the SEC to investigate PR regarding contracts worth $450 mil. (LOL) Fraud is fraud people and this operation is panning out to be just that.
Don't forget to contact SEC and register you're complaint, I'm going to. GLTA
Jerad
Well, a scam it is. One hope is the SEC to investigate PR regarding contracts worth $450 mil. (LOL) Fraud is fraud people and this operation is panning out to be just that.
Don't forget to contact SEC and register you're complaint, I'm going to. GLTA
Jerad
So how high do you think this rocket is going to go flipartist? Love to put in a GTC and go flying today? Thanks
Jerad
pwrball: TENESOL is specialized in photovoltaic solar energy since 1983. TENESOL’s H.Q. is in France.
The pr was for TinSol Energy (pty) Ltd.
(TSEL), Johannesburg, South Africa.
Appreciate the DD but no match. GLTU
Jerad
Hope you bring some sring into the pps goose. GLTU.
Jerad
Thanks sterling, called the number and got a message to input my parties extension or hit 8 to leave a message. Hit 0 for operator and got another message that they are busy and again asked me to leave a message.
The initial voice is of what sounds like an older woman with poor communication skills. This smells, period. Thanks again for the number, try it yourself and see if you agree. GLTU.
Jerad
You've got ETTM and NITE right behind him in the 4's. Hopefully this is going to get it's second wind and run up to a pps that reflects possible revinues from this contract announcement IF IT'S LEGIT!
We'll know very soon. JMHO. GLTA
Jerad
You've got ETTM and NITE right behind him in the 4's. Hopefully this is going to get it's second wind and run up to a pps that reflects possible revinues from this contract announcement IF IT'S LEGIT!
We'll know very soon. JMHO. GLTA
Jerad
L2 is all over the place. .07 is six levels down on buy side with the 3's and 4's dominating the bid. I have never seen a stock get beaten down so fast on $450 mil news.
Couldn't get to their website from broken link placed on upper part of IHub board. Does anyone have a phone number to FDEI? I'll call these guys in a heartbeat if I can get a good phone number.
Thanks and GLTAU.
Jerad
sherwood, it isn't the level of purchase, it's a pr or multiple pr's that no one can veify their validity. Doesn't matter if you made or lost money.
Jerad
If this tanks like it is looking like it will, here is the link to file a complaint for possible fraudulant PR:
http://www.sec.gov/complaint.shtml
GLTUA.
Jerad
Coredog, try looking up TinSol Energy (pty) Ltd.
(TSEL), Johannesburg, South Africa
Let us know what you find. GLTU
Jerad
Well I hope it crawls back up to .08 today. EOM
I don't know about $1.00 but this should have popped at least to .25 or .35 by now. I know it takes time but the MM's are playing this way too early in the game holding us at these levels.
JMHO
Jerad
We should be moving up farther on this news. If this news holds water, this should continue to go up all week. JMHO
Jerad
If you do just straight math, it comes out to $1.90. I'd be thrilled if this hits .90. GLTA
Jerad
And again:
In the United States under the Securities Act of 1933, any offer to sell securities must either be registered with the United States Securities and Exchange Commission (SEC) or meet certain qualifications to exempt them from such registration. Regulation D (or Reg D) contains the rules providing exemptions from the registration requirements, allowing some companies to offer and sell their securities without having to register the securities with the SEC.[1] A Regulation D offering is intended to make access to the capital markets possible for small companies that could not otherwise bear the costs of a normal SEC registration. The regulation is found under Title 17 of the Code of Federal Regulations, part 230, Sections 501 through 508. The legal citation is 17 C.F.R. §230.501 et seq.
Reg D also affects individual savings and money market accounts with banks and credit unions, and any other person or entity that wishes to sell securities. Regulation D consistently exempts certain persons and entities within its rules, describing them as "accredited investors," (generally this includes banks, certain other organizations, and people making more than $200,000 per year or with a net worth of over $1,000,000). Regulation D also exempts certain offerings of equity from many of the regulatory requirements that impose costs upon standard public offerings.
Reg D is composed of various rules dictating the qualifications needed to meet the SEC exemptions. Rule 501 of Reg D contains definitions that apply to the rest of Reg D. Rule 502 contains the general conditions that must be met to take advantage of the exemptions under Regulation D. Generally speaking, these conditions are (1) that all sales within a certain time period that are part of the same Reg D offering must be "integrated", meaning they must be treated as one offering, (2) information and disclosures must be provided, (3) there must be no "general solicitation", and (4) that the securities being sold contain restrictions on their resale. Rule 503 requires issuer to file a Form D with the SEC when they make an offering under Regulation D. In Rules 504 and 505, Regulation D implements §3(b) of the Securities Act of 1933 (also referred to as the '33 Act), which allows the SEC to exempt issuances of under $5,000,000 from registration. It also provides (in Rule 506) a "safe harbor" under §4(2) of the '33 Act (which says that non-public offerings are exempt from the registration requirement). In other words, if an issuer complies with the requirements of Rule 506, they can rest assured that their offering is "non-public," and thus that it is exempt from registration. Rule 507 penalizes issuers who do not file the Form D, as required by Rule 503. Rule 508 provides the guidelines under which the SEC enforces Regulation D against issuers.
Reg D may also refer to an investment strategy, mostly associated with hedge funds, based upon the same regulation.
Rule 504
Rule 504 provides an exemption for the offer and sale of up to $1,000,000 of securities in a 12-month period. The company may use this exemption so long as it is not a blank check company and is not subject to Exchange Act reporting requirements. Like the other Regulation D exemptions, the company may not use public solicitation or advertising to market the securities, and purchasers receive "restricted" securities, meaning that they may not sell the securities without registration or an applicable exemption.
Rule 504 allows companies to sell securities that are not restricted if one of the following conditions is met:
The offering is registered exclusively in one or more states that require a publicly filed registration statement and delivery of a substantive disclosure document to investors;
The registration and sale takes place in a state that requires registration and disclosure delivery, and the buyer is in a state without those requirements, so long as the disclosure documents mandated by the state in which you registered to all purchasers are delivered; or
The securities are sold exclusively according to state law exemptions that permit general solicitation and advertising and you are selling only to accredited investors. However, accredited investors are only needed when sold exclusively with state law exemptions on solicitation.
Jerad
Morning everyone, did the MM's sleep in this morning? GLTAU.
Jerad
Have you looked at the closing L2 yet?
GLTUA
Jerad
Has anyone peeked at the closing L2?
Jerad
In the United States under the Securities Act of 1933, any offer to sell securities must either be registered with the United States Securities and Exchange Commission (SEC) or meet certain qualifications to exempt them from such registration. Regulation D (or Reg D) contains the rules providing exemptions from the registration requirements, allowing some companies to offer and sell their securities without having to register the securities with the SEC.[1] A Regulation D offering is intended to make access to the capital markets possible for small companies that could not otherwise bear the costs of a normal SEC registration. The regulation is found under Title 17 of the Code of Federal Regulations, part 230, Sections 501 through 508. The legal citation is 17 C.F.R. §230.501 et seq.
Reg D also affects individual savings and money market accounts with banks and credit unions, and any other person or entity that wishes to sell securities. Regulation D consistently exempts certain persons and entities within its rules, describing them as "accredited investors," (generally this includes banks, certain other organizations, and people making more than $200,000 per year or with a net worth of over $1,000,000). Regulation D also exempts certain offerings of equity from many of the regulatory requirements that impose costs upon standard public offerings.
Reg D is composed of various rules dictating the qualifications needed to meet the SEC exemptions. Rule 501 of Reg D contains definitions that apply to the rest of Reg D. Rule 502 contains the general conditions that must be met to take advantage of the exemptions under Regulation D. Generally speaking, these conditions are (1) that all sales within a certain time period that are part of the same Reg D offering must be "integrated", meaning they must be treated as one offering, (2) information and disclosures must be provided, (3) there must be no "general solicitation", and (4) that the securities being sold contain restrictions on their resale. Rule 503 requires issuer to file a Form D with the SEC when they make an offering under Regulation D. In Rules 504 and 505, Regulation D implements §3(b) of the Securities Act of 1933 (also referred to as the '33 Act), which allows the SEC to exempt issuances of under $5,000,000 from registration. It also provides (in Rule 506) a "safe harbor" under §4(2) of the '33 Act (which says that non-public offerings are exempt from the registration requirement). In other words, if an issuer complies with the requirements of Rule 506, they can rest assured that their offering is "non-public," and thus that it is exempt from registration. Rule 507 penalizes issuers who do not file the Form D, as required by Rule 503. Rule 508 provides the guidelines under which the SEC enforces Regulation D against issuers.
Reg D may also refer to an investment strategy, mostly associated with hedge funds, based upon the same regulation.
Rule 504
Rule 504 provides an exemption for the offer and sale of up to $1,000,000 of securities in a 12-month period. The company may use this exemption so long as it is not a blank check company and is not subject to Exchange Act reporting requirements. Like the other Regulation D exemptions, the company may not use public solicitation or advertising to market the securities, and purchasers receive "restricted" securities, meaning that they may not sell the securities without registration or an applicable exemption.
Rule 504 allows companies to sell securities that are not restricted if one of the following conditions is met:
The offering is registered exclusively in one or more states that require a publicly filed registration statement and delivery of a substantive disclosure document to investors;
The registration and sale takes place in a state that requires registration and disclosure delivery, and the buyer is in a state without those requirements, so long as the disclosure documents mandated by the state in which you registered to all purchasers are delivered; or
The securities are sold exclusively according to state law exemptions that permit general solicitation and advertising and you are selling only to accredited investors. However, accredited investors are only needed when sold exclusively with state law exemptions on solicitation.
Jerad
Finra, I'm just stating fact. Don't give me any of that neg energy BS. They're walking this down and that is a fact, not speculation.
No one is posting while they sit there holding their breath hoping this will jump. This is a pink and just a shell at that. The last pr stated clearly that once a candidate is found, it will take 12 -15 weeks for merger.
The only neg energy is the chart and the dark feeling it gives anyone invested here. GLTU
Jerad
This is done guys. MM's have been walking this down for a week and I'm afraid it will be back to 000's in awhile. Not looking good. JMHO
Jerad
Even if we did a little pop to .0004 like awhile ago, I'd be thrilled. GLTA