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All of them, except Ameritrade
skang,
The Ameritrade restriction on RGNO has been place for some time, it is my belief that this is the single largest contributor to the depressed share price. Many holders here are emailing Ameritrade about this sitution, I suggest as a client of Ameritrade, you do the same.
In addition, Mr. Griggs has RGNO counsel addressing this important issue with Ameritrade.
Now, about the share count, we discussed that as well on Monday...
a/s 200 million
o/s 167 million
restricted held by insiders: 102 million m/l (Griggs, other officers et al)
float 65-67 million m/l
To all
I just spoke with my attorney about this again this afternoon..
Tell them when they write back with that gibberish :
Kindly inform your superiors that I am contacting my State Securities regulator concerning this situation, it is financially damaging to me.
bean
Write back to them and tell them there is no reorginization...the name change and split is over and done with...
Give them RGNO's number.
Tell them that you are contacting your State Securities regulator as there appears to be some violation occuring and that you have lost money and therefore damaged by their position on this matter.
RGNO Chart ;
Haven't had that big a green candle in a while...
When Ameritrade takes the knoose off this, expect a 20 million share day, it will happen, its just a question of when... then you will be off to the races, where you should be...
Look what happened with just the talk of it coming off... unreal
Stay on 'em folks.....
Katrina, you raise a valid point about the website..
I did discuss this issue with Griggs, they are going to get it revamped at some point....its just not at the top of their list...
and yes, there would be no reason they cannot list the share structure imo...he recited the share structure to me in our conversation, it is the same as the TA is reporting.
Let me share this with you, Griggs reads every post here, address your concerns to him via this forum, I am quite certain any valid point will be addressed as soon as practicable.
All the best.
Thank you Starnes... Now folks that is a very revealing post there of Starnes'...
Ameritrade indeed does respond to inquiries in some specific terms, which surprises me..
By so doing, they have left themselves open to a public relations and customer service logistical nightmare if all of you non-Ameritrade interested parties get on the stick and start emailing..
Every one of you...
They are taking the time to go to the proper department and get the Ameritrade position on RGNO...
Starnes, write them back, tell them that you have checked with other well known brokerages and they allow trading on RGNO....
If enough folks write and keep after them, coupled with Grigg's legal reps contacting them, this will turn into a money losing position for them unless they change their mind.
There is no way they will be able to justify answering all these emails from concerned parties, fight off Grigg's lawyers and still justify the offset of any exposure that they mistakenly believe they have.
In english : They will have to allow the trading eventually, its less expensive than to fight it, just the time that the Customer service reps will be spending on this will simply become prohibitive. Then the RGNO lawyers will arrive as well...
I have a call into the department head at Ameritrade investor relations... I am going to tell him as a shareholder of AMTD I am greatly disturbed by their actions.
Keep on them folks, it will happen if we don't give up...
Starnes, so we all understand...
You are not a current Ameritrade client,
You wrote to them from the link on their website for new customers and got the response you just posted.
Is that accurate ?
Katrina,
Interesting first post here on Ihub.
The share numbers are available from the transfer agent, no gag is in force.
No insider information was or ever will be posted here by me, my conversation with Griggs was mostly about the current situation with Ameritrade and their trading restrictions unduly placed on RGNO.
I merely asked Griggs what he had done in the last week or two, he replied that he was able to get 4 wells open. He added that he would have gotten more done had it not been so muddy from the recent rains and was hampered by the fact he didn't wish to tear up an adjacent property with the needed bulldozers to complete additional work.
As we were chatting, (On Memorial day no less), I agreed with his position that there was no need to issue press releases outlining the Company's many successes of late, as the Ameritrade restriction needs to be addressed first, so more people in the public could participate.
I made no trade in RGNO stock based on my conversation, in fact, I posted that I would buy a chunk once the subject restrictions were lifted. This is an ongoing project as all here know.
Now, it seems you are "concerned" about someone violating a regulation.
Have you considered the fact that a great number of folks, who do indeed read RGNO's press releases when issued, wish to participate as shareholders, go to their respective computers, and then discover that their broker... Ameritrade does not allow them to open a transaction.
Now to me, that should also be a concern of yours as well, after all, isn't Ameritrade by proxy, keeping those folks from acting on public news ? Are they not kept from buying this security when all the rest of the buying public has the unfettered opportunity ?
It seems your concerns expessed here are misplaced and/or misguided at best. If you are as civic minded as you pose, kindly help us with the restrictions mentioned.
In my opinion you are simply living up to your alias, katrina, one who lashes out without forethought or consideration, leaving a unrecognizable path in her wake.
If you wish to step out of the shadows and become a bonafide paying member of Ihub, kindly pm me.
I will be happy to discuss this matter with you, and also provide you with my counsels phone number if you still have any questions that pertain to my actions.
He is with the firm of Williams & Connolly, Washington D.C.
Perhaps he could enlighten you a tad.
I'll keep an eye on my pm's.
All the best.
AECH chart
Impatient bidwhackers:
Note the fact that the marketmakers were in no hurry to lower their respective asks.
Great day folks, congrats, keep banging our ole buddies A-Trade and E-Trade,
I'm gonna buy back in as soon as they release RGNO...and so will many others :)
Good job folks
Somebody got a 10k fill .06 at 15:43, that made NITE move to .075, then, 5 k at 15:55.
Slim, nice fill, real thin here on the ask, pretty light volume all around today marketwise in the low caps...
Have a good evening...
NITE moved ask to .075. eom
10 k took out one of the .06 asks. eom
A couple of bidwhackers hit it, no pressure from ask at all, bullish..
4gains;
We got a low float winner here, lots going on the background..
we have our positions, we don't have to chase the ask when news is released...
Some would call that front loading, I would call it good research and buying at or new the lows
All the best to you and yours :)
yep i saw that... float is pretty much gone eom
You like this action ?
Wait til the restriction is lifted folks...
AECH .06, only one ask left @ .06. eom
burn, bid pressure should be strong on this AECH, lack of sellers.. news coming
Nite not getting shares while shoulder to shoulder with ask...
any buy order flow will send this much higher
Ameritrade pretty much constant since the symbol was changed to RGNO,
This according to Griggs.
DFD, you are a leader here...
Lead them into the smoke and flames...
Get everyone here to start in on Ameritrade....bang them every day with emails/calls and do not take no for an answer.
Active Ameritrade clients need to tell them they are looking for another broker...
I have called and emailed already...
When the AT restriction comes off, the share prices will rise, sooner than most will believe.
This is a perfect chance for shareholders to assist the Company and themselves.
RGNO / All concerned;
Take a moment and review the discussions from yesterday.
The condition as it exists with Ameritrade must be changed.
You have been shown how to contact Ameritrade even if you are not a current client, tell them you were considering using them, but will not, now that you realize they do not allow trading of RGNO.
All that are interested in seeing this stock trade in an acceptable range need to be emailing, and/or calling Ameritrade and Etrade. Especially Ameritrade, who still allows no buys of this security. It is my understanding that Etrade at least allows buys if one speaks to a live broker.
Your CEO, Mr. Griggs, told me yesterday via telephone that he has given the go ahead to legal counsel to pursue this very important issue, and that the counsel assigned this task is very capable and repected in the securities industry.
He also told me that he is not going to waste the Company's money (and yours) to release news, knowing full well that a full 1/3 of the buying public hearing the news cannot buy the stock.
When Ameritrade releases the restriction, he will begin releasing news, and folks, there's lot of it to release he has told me ....
If you are reading this message, you are a shareholder or potential shareholder.
Ameritrade is literally killing this stock, you know it, I know it, everyone with half a brain knows it.
I will enter this issue once again, when the Ameritrade restriction is removed.
As I posted yesterday, I have been wanting to enter this one again, but my good sense tells me that its not going to move in any sustained way until the Ameritrade issue is resloved..
Make no mistake folks, many others feel this way and are just not posting...
You cannot feed and comfort the victim until you have removed the knoose from its neck. Its that simple.
There are links in some of my posts where a non-Ameritrade affiliated individual may email them as a potential customer that has comments or questions....
Griggs/RGNO has legal counsel on this life saving issue for this bobbing and drowning stock....
Folks, jump in the water with your CEO and get to work on this right now...
Take Ameritrade to task folks, let them have this hit them from every angle, this war will be won.
You will get the spoils of the war.
Will do Slim. eom
Boardmarked. eom
skang, thank you...
Watching a couple, one for sure this week, as soon as I can reach the CEO.
Staying away from the issues in the current spotlight and hundreds of millions of shares.
I know some can make money on those if timed properly, but I still want to sleep at night and not have to worry about watching issues all day, every day.
The sleepers are where the money is at in my opinion, they are out there. Just need to be brought to the surface after checking them out.
I can put you on my alert list you wish. Its not a big list, only 10 people on it. But, all 10 are educated traders.
Let me know if you wish to be added.
Wow, 27 boardmarks on this little fella :) eom
Thank you for that update McKinley, very helpful. eom
thank you Mckinley,
I am assuming the 9.99 is as though you had been able to place the order online ? The same price ?
Etrade allows call in trades on this one I believe, someone can confirm that I'm sure...and if that is the case, when one attempts to order, they are directed to call in and verify the order with live personnel, a far cry from AT's completely prohibitive policy.
Ameritrade is at least 80% of the problem here, they won't open a transaction, even by phone...
By all means, complain to Etrade if you wish, but at least they have the option to call it in, at the online trade price from what I have been told...
Griggs told me this morning that the lawyers are going to address the issues with Ameritrade right away.
They will overcome AT's apparent stance, make AT realize that they are indeed damaging RGNO's business and ability to operate staying with their current stance.
As to our complaints, they will soon realize that customers are more important, and ultimately outweigh any perceived exposure they seem to think they have with RGNO opening trades.
The combined pressures will make it happen, no doubt.
thommy,
Pressure from the lawyers and shareholders will do the trick imo...
The more shareholders, the more active AT clients, the more potential AT clients complaining and telling them they are going elsewhere to trade...
It will work.
redchecker,
thank you for stepping up here...
I have tried to impress upon folks here that there are many, many more lurkers here than most realize and that they too should make every effort to contact AT about this situation.
Mr. Griggs told me this morning that he reads every single post concerning RGNO..
I'm certain once he knows your concerns about the yahoo site, he will address them if able.
Does the yahoo site you mention depend on the company updating it ? Or is it the sites moderators that are responsible, as is true here on Ihub.
Kindly post a link to the subject site so this can be addressed.
All the best to you and yours.
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They may be doing some IT work on the site, try the link later on...link is on this post...
http://www.investorshub.com/boards/read_msg.asp?message_id=19985199
And neither is the Company about which you are posting.
mnbean
That is correct, those are his exact words.
That statement possibly makes more business sense than any statement I have ever heard from a public CEO.
The stranglehold on this stock is obvious, look at the reaction to the last news released.
You can't feed and comfort the victim until you take the knoose off his neck.
mnfats, my goodness
What a sad commentary...
the word is getting out about Ameritrade
In time, it will cost them millions