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.003 x .0039 ... BULLISH DAY! 165,000 buys v. 5000 sells ($12.50, minus commission... nice move there rico). Strongs holding fast, product on center-stage, MM's will need to cover... worst over?
NICE CLOSE FOLKS!
.0199 X .0265... people have confidence in this management and in this company... biggest hurdle over... so glad I didn't sell, and now only wishing I had more to accumulate...
.016 x .0199 ... back in the saddle?!!
M0NEYMADE, amadeus, Stock_Momo... have any of you reviewed this FINRA arbitration page? http://www.finra.org/ArbitrationMediation/index.htm
FINRA operates the largest dispute resolution forum in the securities industry to assist in the resolution of monetary and business disputes between and among investors, securities firms and individual registered representatives.
Seems to me there is a range of action we can take!!
You all know more than I... I'll help in whatever way I can, but let's collectively petition/file with due haste....
M0NEYMADE, will you take the charge?
Others know better than I, but it's my understanding the company files with FINRA, an independent corporation entrusted with evaluating and monitoring these things... and typically it's scheduled for some time in the future - definitely doesn't happen in a matter of weeks (my understanding) http://www.finra.org/index.htm
HDSN and PERT are calling us... (.51)
Best news, with the recent reduction in shares... straight-forward and honest share-restructuring (expected by a new company)... compare with many others that smack you with an r/s ...
That's what my L2 says... but in the order interface, it's at .012 x .015... bid moving up.
If we believe this is a legitimate company, with legitimate management, leading us to believe a legitimate, profit-making potentiality (historically based)... clearly r/m's always have share-structure modifications... they have a real site in development... point being, if this shows consolidation as it has much of the day... what a time to buy!!
Standing strong: 164,000 BUY. 5000 SELL.
Among many knowledgeable investers here there's still no ageed-upon, coherent theory... which keeps a few of us holding 30% of float pretty tight.
All signs point to an advantage to the MM's/shorts, likely in cahoots with management... unhappy situation with the 1000/1. However this is "merely" announced and not executed... what happens to this stock if FINRA disallows?... perhaps management-strategy KNEW they wouldn't allow, which accomplishes shake-down, AND recovery (knowing they'll be denied)?
UCSO history suspicious... Hindsight records suspicious... yet they own marketable/valuable material. Marc is relatively young... if this plays out in any way that corresponds to the (predominant) negative theories here, his reputation is shot. I don't believe he's a stooge. He wasn't just a nerd for Sony, he was VP of SALES... and LEFT Sony presumably because he had better opportunities....
I don't know... I know less than anyone else here, but it's all so odd and unprecedented, that I almost half-anticipate another curve... another release that will drive this up.... Probably wishful thinking... but for the time-being, it's not clear... owning all those shares he has a vested interest in a higher market cap, AND liquidity so they can actually be sold! (RIGHT?!)... and after the cataclysmic fall yesterday, the bulls are ruling today... not too far behind the first fall from .10....
Does anyone have contact with management... to inquire intentions? AMEX certainly makes sense.... A release of some nature would be nice....
Great post RonnieD... I'm with you.
They have a new symbol... and 10K due EOM... Jacob can't sell shares (for a year?)... paid $175K they need to make money and increase market cap... that's all good, isn't it? What are the O/S and Float NOW... anyone?
I'm not seeing (huge) panic-sell-off... in fact, ASK is staying strong at .03... 10K due, new name... most have accumulated above this... I say keep our cool, let the 10K out EOM... new symbol is positive...
You want me to offer one? :)
New symbol: GNZR... R/S's not fun, but quick interpretation anyone... besides WHAT THE HELL?!!
LinkedIn has Marc Offenbach listed as an executive for MSO, Marketing Service Organization... no more Google info with those two terms, "Marketing Service Organization" and "Marc Offenbach"...
I edited that post-- think Facebook is coded per user. Do a search for "Marc Offenbach" on Facebook... I'm pretty sure that's him, also on LinkedIn... I'm 3 degrees away; perhaps someone knows someone who knows him... can give us an inside scoop... digging, digging, digging...
If anyone else is in LinkedIn... unfortunately I'm 3rd away, but if someone is a second... might find out some info: http://www.linkedin.com/pub/marc-offenbach/3/7bb/7ba
Find him on Facebook (tried to paste link, but I think it's coded per user)... "Marc Offenbach" -- pretty sure that's him...
Well... he was also a VP of MAJOR INDUSTRY sales... not dumb about these things! He's gotten emails from me... how many others? Enough to know his reputation is in jeoprady....
Also nora... (forgot other letters in her name)... completely disappeared. What was her name?
Dave, a.k.a., Marc? :)
MASSIVE sell there for $12.50! And ASK drops to .002. Unbelievable....
UCSO up 42.86%! :)
UCSO up 42.86%! :)
UCSO up 42.86%! :)
What does L2 say?
I have to believe this is quite strong here... anyone who sells sells at a loss... Float is still small... and substantially held by US! Can we assume MM's are still looking to cover, and if this ball gets rolling upward, that will ignite it?
That was my test-ASK-smacking... they're going through at ASK... come and get your cheap shares...
The last trick in this mystery is yet to be unveiled, and it only makes sense to me it will be in the interests of stock price going way, way up....
SO PRACTICALLY... when all is said and done, a few of us collectively own 30% of the float.... It makes no sense for us to sell because a mere fraction of any of our shares would drive it down - making the balance (even more) useless... This thing is still very thin, and moves on a breath. .
ON THE OTHER HAND, there is still the HUGE market potentiality of the catalogues... price has solid support at this level... most accumulated over .10... there's still time before an r/s... MM's were indicating upward EOD yesterday, buying will drive this up... MM's are looking to cover BIG... this could be a ride north very quickly...
Captain... yes, that is odd. Why would they announce before doing it? Definitely gives a realm of hope/breathing room in all this, doesn't it...?
Was thinking also, can FIRNA regulate a DECISION and/or TERMS to r/s? Or merely timing? 1000/1 is so dramatic, without precedent... puts the trading as a vehicle in ITSELF APART from the product-profit capacity..., at the EXPENSE of traders.... I know PKs lack regulation, but there's got to be something there....
Great post hodger. So you see less conspiratorial/rip-off motivations here... What I still don't understand... (1) aren't there clear indications of management connected to MM's... shorting patterns coinciding with news (only way I can see how management may have financially benefited), and/or (2) Isn't it in their best interest to see market cap rise? i.e., PPS increase, IN A WAY that has liquidity? What good is it if they're holding all the shares and no one is buying them?
Thanks,
Greg
FoS
Indeed, Good morning Marc. Have you heard from our friends from the Department of Justice and FIRNA yet?
Great buying opportunity today....
On the Mark Entertainment... or Off rather. That blogspot/page personally implicates him. Someone should inquire of SONY... character check... linkedin and facebook make this a very small world... when this story is written, it will be told... and en masse.....
What happens if we collectively buy the float and hold tight? Some of us were 5%+ holders... shouldn't that have given us a say?
Hypothetically what if no one sold today ... or sells tomorrow ... ? What would that do (or have done) to their scheme ? For us?
Still all in... watching and thinking...
Please excuse my ignorance, but what is the value of a stock to anyone (Marc included) if everyone is selling and nobody is buying? As someone suggested, without liquidity his own shares amount to nothing.
At the end of the day, there is still this hugely valuable asset in the catalog and market-demand for it... ?
Can someone clarify how he's a crook? How does this decision make him money, or how is he stealing it (as "crook" implies), if his value/worth is in his own shares (product-aside)?
:) Definitely, send him a valentine: marcoffenbach@gmail.com