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Why would the SEC suspend trading in
a stock?
The SEC may suspend trading in a stock when the
Commission is of the opinion that a suspension is
required to protect investors and the public interest.
Circumstances that might lead the Commission to
suspend trading include:
• A lack of current, accurate, or adequate
information about the company, for example,
when a company is not current in its filings of
periodic reports;
• Questions about the accuracy of publicly
available information, including in company press
releases and reports, about the company’s current
operational status, financial condition, or business
transactions;
• Questions about trading in the stock, including
trading by insiders, potential market manipulation,
and the ability to clear and settle transactions in
the stock
https://www.sec.gov/investor/alerts/tradingsuspensions.pdf
Wondering if SEC could revoke stock for lack of public info for many years (FINS).
NXGENF was the right horse. Drilling right close to Fission. Stock is up a ton & Fission has barely moved, is hated by investors because of dilution & management is not liked by many.
http://www.stockhouse.com/companies/bullboard/v.fuu
If you want to see what a joke these Chinese stocks can be....GHII was trading somewhere at a 0.25 PE when the SEC revoked the stock.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72564631
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105707498
Good news...the bid for 110,000 for .0001 is back!
Also 2,000,000 at 0002. Wow.... good bid support!
There was a 100,000 bid at .0001 on L2, not there now. See what happens.
Reality is : this is a total dilution scam, filings don't matter, never have, probably never will.
I wish the SEC would stop junk like this as it hurt novice traders.It makes a joke out of the equity market, but real Wall Street doesn't consider otcbb/pinks real stocks.
Funny...a BK solar SUNEQ (.25) trades at many times this supposed cutting edge payment provider.
Only a beginner novice or a dummy would "invest" in a NR pink.
Except for a handful of people, there really isn't any market in this "stock".
Bid 0.004 Ask 0.0829 - - - How's that for a spread.
Up about 1200.00 today where real stocks trade.
Dummy me, cannot spell but can make over a 1000.00 in a day thx to NASD, NYSE.
Someone sold 3500 at .04 & no more bidders.
Very dangerous pinker to be in.
Good to hear from you after around ten years.
I was debating reppiz about the the same thing here (FINS) A DECADE ago.....nothing has changed except the price then was a lot higher & a ton less stock:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=11237910
A LONG TIME SH....you know what that means
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=21151334
Yup...something like that.
Stay away from garbage like this ...made about 4000.00 on this guy's Twitter picks (VHC & ABIO) in two days:
https://twitter.com/ACInvestorBlog
Was in DRGV in 2006 at .06 sold for a few hundered gain in between dilution slugs. Needless to say I don't fool with very many pinks/otcbb.
Total dilution scam.
Uranium keeps dropping...People are looking for it to break 40.00 to start a bull market. It's going backwards.
Uranium Apr 18, 2016
Ux U308 price: 27.00
Change from
previous week -1.50
The news came & they sold into it.
Volume: 1 @ 1:51:59 PM ET
HA HA HA
Your right, still one of worst IR I've ever read about.
But that's why it's at .04.
I SAID sell unless they showed in SEC filings as what is really happening here & the "stock" price says I'm correct.
Everyone who has tried to "invest" here & unless they flipped, are holding a big bag of losses. Those are FACTS!
Stock has a a great run as it was just in the 50's , need to consolidate.
I was wrong...I was thinking "the club" would buy up to .10.
Maybe they have some doubts.
The longs on MYEC are delusional. Go look the the long term chart there.
If they do make (which I doubt) it will be on the back of the common as clearly seen in MYEC. MYEC isn't even CLOSE to profitability & longs are wishing on a hope & a dream paved with tons more stock coming , to stay alive.
Won't waste time posting about this anymore today, already covered on that board by others.
You don't need to a expert, just read the 10Q of how much money they are losing. Many posters depressed over on that board for all the converts they are dumping to try to stay alive, MYEC.
For about the last 20 picks, I've tracked, & there was plenty of time for people to get in & out & make money & his DD is generally good for hi risk bio's.
$heff has had a hot hand for quite some time on bio's.
It is sub penny...that's why they did the RS to hide this.
Already up 200.00 this morning trading real stocks.
Broke support @ .10 & .05, price action says something is wrong here, for the common!
That's all for today,need to concentrate on real stocks.
And what I'm telling you that there is no evident that this is even a profitable business FOR the common stock.
That MyECheck balance sheet probably has a lot of similarities here. That's why no FINS.
Mark this post, there is a good chance that the company MAY make out ok, but the common stock won't.
Common is at the bottom on the food chain ESPECIALLY on a NR pink.
Yup, still building cars but all old stake holders wiped out, just like what could (and is) probably happening here.
GPSI one RS...now .04.
Price action trumps all. Including old company, from 399.00 to .04!
They will be gone.
And all the old stock was canceled, also US government broke the law & stiffed the bondholders, they got 10% of the new stock you see trading today.
http://humanevents.com/2009/06/01/government-motors/
Wonder what happens if MyECheck, goes bankrupt as stated in their last 10Q: "the ability of the Company to continue as a going concern is dependent on Management's plans, which include the raising of capital through debt and/or equity markets. The Company will require additional funding during the next twelve months to finance the growth of its current and expected operations and achieve strategic objectives. Additionally, the Company will need to continually generate revenues through its current business operations in order to generate enough cash flow to fund operations through 2016."
As reflected in the accompanying consolidated financial statements, the Company had a net loss of $3,660,413 in 2015 and a net income of $55,680, in 2014, and net cash used by operations of $570,818 and net cash provided by operations of $61,369 for the nine months ended September 30, 2015 and 2014, respectively. The Company had a working capital deficit of $2,566,277 at September 30, 2015 and $1,345,517 at December 31, 2014 and a stockholders’ equity of $577,033 at September 30, 2015 and a stockholders’ deficit of $1,193,035 at December 31, 2014.
The company is sending out money (losing) with every transaction!
http://ih.advfn.com/p.php?pid=nmona&article=69646897
Is "the company" so broke that cannot issue a PR for this great news?
http://finance.yahoo.com/q?s=gpsi&ql=1
Mean little w/o FINS. How does one know "where the money is going" & IF this is a profitable businesses, at least for the PUBLIC SH, which is ignored.