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I have a hard time thinking it is "every one" since the last trade at the .0004 Ask price was 59,999 shares which is valued at $25.00 (plus the brokerage commissions)!
Looks like everyone is trying to gobble up the 4's before a move upwards!
Wow! Impressive! We now have 225,000 on the Bid at .0004 which equals $90.00 !
And the $90.00 was sold and was quickly replaced with another .0003 Bid!
LOL
.0005s gone again and back to .0004 (less than 7 million)
I find it hard to believe any smart MMEG trader would buy at the low pps of 4 or 5 after seeing the Bid and Ask size of these values increasing every day!
Reality tells traders that those prices are the result of paying off money lenders or acquired company investors with a large discounted value of MMEG common shares then seeing the lender/investors load up at the Ask price to get all of their money returned.
That's a function the real life management should bypass instead of putting their investors in a deep financial hole. They should have left their debt alone and reported it in a public filing, instead of delaying the quarterly filing, IMO.
190 million for sale at the Ask price of .0005?
(Just moved to over 200 million at .0005 and the Ask dropped down again to .0004 with close to 7 million)
With a volume of only 103 million and constant drops to only .0004 at the Ask!
Ha! Who would ever buy MMEG at this price!
MMEG 10Q late again? Ha! EDGAR already has more than 150 late 10Qs filed today, but no MMEG!
Nice going for the MMEG management!
Latest Filings Received and Processed at the SEC
https://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=&type=10-Q&owner=include&count=40&action=getcurrent
My correction:
EDGAR filing times are 6:00 a.m. to 10:00 p.m. ET, Monday through Friday except Federal Holidays.
The SEC/EDGAR system will accept filings as usual based on the history of some company filings, from about 4 pm est til about 6 pm.
That's when I expect MMEG management to try to respond!
The SEC/EDGAR system accepts filings from about 4 pm est til about 6 pm.
That's when I expect MMEG management to try to respond!
It's easy to see that the 22nd in May was a MONDAY!
The 5 May days ended on a Saturday and as most people already know, the SEC/EDGAR doesn't accept filings on the weekends.
As I said, the 22nd in May, was not shown as a "Business day" allowed by the SEC so the extension ends today, the 21ST!
The 22nd would only be the required date if the SEC allowed "Business" days, which they don't.
The 5 days ended on Sunday and since the SEC only allows reports to be sent to them on work days, they allow the report to be filed on Monday, the 21st.
Due date: 15th
Followed by the 5 days: 16th, 17th, 18th, 19th and the 20th (Sunday)
BTW, the MMEG quarterly report is due today since the 5 day calender period allowed by the SEC ended on Sunday, they have today to file the 10Q!
LOL, the provided link refers to the 10K, not the 10Q!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=133998231
After submission of the SEC Form NT 10-K, the company must then file its 10-K within 15 days.
Read more: SEC Form NT 10-Q http://www.investopedia.com/terms/s/sec-form-nt-10-q.asp#ixzz4qP3DMIXM
That schedule would be based on the low life's filing decisions operating the company, not the SEC document providing the 5 day extensions:
The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K or Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date
Thanks, now I know what MMEG traders live by!
It certainly isn't based on real life so I assume I have been correct describing them as low income traders with the MMEG shares!
That was not provided by the NT10Q document!
5 calendar days from 10Q;
15 calendar days from the 10K
The SEC allows 5 calendar days from the due date:
will be filed on or before the fifth calendar day following the prescribed due date
10 million MMEG shares sold at the .0004 Bid when there are millions waiting at the Ask of .0005!
Ha! That must be those who were presented with discounted issues from the wonderful management controllers.
It can't be trades from penny stock traders!
Maybe the late 10Q will identify all of the low stock price traders!
$MMEG give me a break and let me out of here soon!
The required MMEG 8K should, in my opinion, also describe the job exit of the CEO who couldn't complete a date that was released like "We expect to close the NEUROFUSE acquisition by the first week of April 2017", well that hasn't happened and he also told us that it was going to happen in May, "The NeuroFuse closing date has been extended until the end of May to allow for Momentous to keep up with all of it current obligations as it prepares to accept additional ones" which still hasn't happened that we know about yet.
Is he afraid to tell us why?
Again, the last MMEG trades are shown as higher than the price indicated:
The last two 10,000 trades were listed as .00045 (not .0004) just like I previously stated about the price of the after hour Form T's.
Since MMEG has waved another Red Flag to their shareholders with the filing of another multiple filed NT 10Q instead of filing the 10Q, now traders would be reluctant to invest here again.
Fidelity shows the trade value at .0003, not .0004
This is from ihub:
Two trades totaling 62,838,524 at .0003. at 15:50!
Obviously it wasn't a MMEG share buy at that $18,851.00 price.
Thanks again! But to me, there is still a missing statement regarding which new company is being issued low priced MMEG stock while all other MMEG traders are sitting back with their "patience" waiting to receive MMEG status from the wonderful MMEG CEO!
11.6 million shares just traded on the MMEG Ask of .0004 while the market maker's .0004 Ask size moves up again, instead of down!
The MMEG Ask size was 31 million when I wrote this but is now sitting at 36.6 million!
Thanks for the update, but it still lists that neither date has not been met!
the first week of April 2017
The NeuroFuse closing date has been extended until the end of May to allow for Momentous to keep up with all of it current obligations as it prepares to accept additional ones.
I've never seen this happen as stated:
Mr. Neubauer also stated, "We expect to close the NEUROFUSE acquisition by the first week of April 2017 after initial due diligence has been completed."
Marketwire
LAS VEGAS, NV -- (Marketwired) -- 02/28/17 --
https://seekingalpha.com/pr/16755190-momentous-entertainment-group-acquire-ecommerce-retailer-neurofuse
Every time the MMEG .0004 Ask is traded, the market makers add another million to their Ask size!
Now sitting at 40.2 million share .0004 Ask size!
Maybe the MMEG CEO will thank us again for the "patience"!
No MMEG 10Q filed yet today! Are they waiting for the NT 10-Q to be completed before filing the extension request!
Maybe they are afraid traders will be given the MMEG share structure they are apparently playing with !Typical MMEG trading taking place today!
It is either MMEG dumping more low pps shares expecting low income traders to buy them all or just low income traders trying to get their traded beer money back!
MMEG is a complete disaster!
News or No News!
42 Million on the .0005 Ask! Ha!
Maybe the MMEG company will present us with a new cartoon movie!
Another "SOON"? NEWS on Monday?
That's only three days from today!
NEWS? Monday? Ha! Their 2nd Qtr filing is due Tuesday, the 15th!
Which comes FIRST!
News, Fins, or constant buzzing with more new shares to set traders angry again! Or the NT 10-Q to extend the 10Q posting?
Maybe they can tell us who is selling those .0004 Bid shares totaled at 27 million before the Ask goes up!
More RXMD news on the way coming Monday!
Progressive Care Announces Second Quarter Conference Call and Webcast with Investors on August 14, 2017
http://ih.advfn.com/p.php?pid=nmona&article=75404609
The site you listed may report sales as a "Naked Short" because a market maker may report a sale of shares that do not exist in their own accounts, but that doesn't make it a naked short.
Selling stock short without having located stock for delivery at settlement. This activity would violate Regulation SHO, except for short sales by market makers engaged in bona fide market making. Market makers engaged in bona fide market making do not have to locate stock before selling short, because they need to be able to provide liquidity. However, market makers are not excepted from Regulation SHO’s close-out and pre-borrow requirements.
Rule 204 requires firms that clear and settle trades to deliver securities to a registered clearing agency for clearance and settlement on a long or short sale in any equity security by the settlement date or to take action to close out failures to deliver by borrowing or purchasing securities of like kind and quantity by no later than the beginning of regular trading hours on T+4 for short sale fails or T+6 for long sale fails and fails attributable to bona fide market making
Any "Naked Shorts" are addressed here and well described by the SEC and related to the Reg SHO:
My guess is that with the "soon" the MMEG CEO uses means the 15th of next week when the 2nd QTR filing is due or the same date the NT 10-Q gets filed to apply for another 5 days extension till filing, thanks to the SEC!
For sure, I don't believe the CEO understands the meaning of thanking MMEG shareholders for their "patience" unless he already knows that they are very upset with the news delay and the current dumping of low price MMEG shares while they sit back watching their brokerage accounts collapse!
MomentousEntertain? @momentousent13 Aug 8
Shareholders, please be patience. Thanks.
MomentousEntertain? @momentousent13 Aug 3
We appreciate the patience and support of our shareholders. More to come.
MomentousEntertain? @momentousent13 Aug 2
Things are moving along with Momentous Entertainment. News will be coming out soon.
Great! MigMe leaving! Ha!!!
Now I'm happy that I no longer hold SPCL shares since I left when found out about the enormous OS after a 'merger' with MigMe who was expected to be issued the majority of the OS.
Then the addition of another 5 Billion shares placed on the Nevada SoS website
Any shorters selling MMEG at this low price will not be able to recover their funds when it goes back up!
Just add more to the shorter group membership fee!
Traders always expect a sell off to take place after the dirtbag chart supplier shows up to claim his chart will predict a selloff is coming and if you want to make money, join the stock chart shorter's group after buying in and looking at the chart!
MMEG News soon will hopefully get rid of the MMs operating the share trading scenario.
If they weren't filling up the piggy banks of their little kids, why else would they sell 9,000 MMEG shares at .001 followed by 9,500 shares a minute later for the same pps!
That's a piggy bank total of $9.00 plus $9.50.
Maybe that News will shut down their manipulation of the Bid and Ask sizes!
A $6.50 trade for MMEG at 8,066 shares for .0008?
Just tells me that the penny stock market is loaded with dumb people!
Not the market to risk any kind of investments, especially with MMEG!
Five MMEG Form T's"
.0008 - 3,000,000 @ 16:00
.0008 - 1,033,258 @ 16:00
.0008 - 24,000 @ 16:01
.000725 - 46,831,509 @ 16:12
.000634 - 83,200,000 @ 16:13
http://ih.advfn.com/stock-market/USOTC/momentous-entertainment-group-MMEG/trades?mode=html5
Another great assumed example of the MMEG company controlling the common shares for sale today!
2,000,000 sitting in the .0006 Ask size, 3 million shares traded at .0006 and what?
LOL, their 2 million .0006 Ask size jumps up to 14.5 million shares instead of decreasing and moving to the next .0007 Ask!
This is not a good time to buy crap stock that is selling whenever they can!
LOL, give me four minutes and they increase the Ask size even more: moved from the 14.5 million to 19.8 million!
Yeah, this will really head up to a huge selling price! LOL
LOL, give me four more minutes and they change the Ask size even more: moved from the 19.8 million back to 14.5 million! LOL, now 15.7 million!
If that is the MMEG future, I just put 2 million of my many millions into a sell order when the pps gets to $0.003! No way would I ever dream of selling at $0.0006!
Of course, if MMEG does move closer to a future life, I can always drop/change my order size!
I hope you're right, but I still can't see any future when these MMEG shares all show up for sale in the low price millions!