researching
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Sorry. No clue to what you're trying to say. Good grief.
I bet he says oops, option A instead.
If txprincess adds the cost of the flowers she sent to her losses, she has her 10K. Probably not what she hoped for, but a 10K.
(a) maintain the Average Closing Price at a price equal to the Actual Average Closing Price;
Looks like they piggybacked the CVSU shares. Daily dumping through private placement mm deals, I'd venture to guess.
CVSU's old shares shouldn't be included since they weren't registered via an S-4.
Sequoia. CSHD subsidiary named Tserof - Forest spelled backwards. lol. Another coincidence.
I think that was a joke. At least I hope it was or that poster is completely clueless.
That's the same company. They never traded, though. The shares were never registered.
I'm surprised Rufus didn't start touting the "million millionaires" like Casavant from CMKX did, lol.
A halt and $15 reset on a $0 revenue pos penny stock, with a mail drop and phone forwarding service and 2 employees. Classic.
"A fool and their money are easily parted"
Ouch. This stock's going down the tubes.
You know what's funny? FHAL was another Holbrook deal. Harris even admitted it in the last paltalk. He probably did that because of what he read on the board. So out of the hundreds of shells out there, he winds up picking FHAL and the BBAN guys that he himself calls cons? Is this all some type of ego trip?
I'm not trying to ignore some of you. I'm just running out of posts and I haven't signed on for a paid membership yet.
FHAL's books should've been cleared up before any merger was consumated. What Harris is implying is "there's still questions and audits happening but what the heck, we did it anyway".
The stock now trades as Conversion Solutions, new CUSIP, new symbol. None of that would be happening if the reverse merger hadn't completed. It would still be FHAL, status quo. Harris waffles back and forth.
The big question right now is the shares. Someone posted earlier that the TA included CVSU shares. There's no S-4 or effective note from the SEC for those shares. There's ways around it.
The 10-K is trivial now. It seems that the r/m wasn't contingent on those audited financials after all. Nor was the S-4.
I think Harris said the merger was complete. If I recall, they even laughed and said something to the effect that the cusip and symbol changed. I'm going to listen to the mp3 again because I think it's an important point.
Well, it would be different if he had some sort of track record of success. So far, all he's known for is being removed from a company via a court order. His education is unknown, as is Stanley's, although they made it a point of expanding on everyone else. There's no other real records of anything prior.
A company, no matter how innovative the product or how unique the service, is nothing if the management of the company isn't capable of success (aka the dot-bomb era).
Investing in a company is really investing in management. In this case, there's an exodus building because of it. You know what I mean.
He would've done a better job on each of those if he and Stanley had just kept their mouths shut. lol.
Occam's razor- Harris says they don't benefit at all from the shares. So why does he go to great lengths to protect shares by blaming bashers, blaming shorts, asking people to buy and hold, asking people to buy more, telling people that price doesn't matter, posting on a message board, hosting interviews on paltalk, paying touts on MN1, taking phone calls, etc?
The answer is surprisingly simple.
glta
It's about as complicated as sending an email. If you go to the sec's website, under latest edgar filings, you'll see filings coming in. They don't get reviewed. They get associated with the company through the CIK number.
That's incorect. eom
Actually it's an S-4 reg. And the CVSU shares shouldn't be included until it's deemed effective by the SEC.
This is even funnier: "I am quite interested in this form of IPO. Congradulations"
It was a very lame pump attempt.
Interesting. Sounds like he bypassed doing an S-4. Thanks for the info.
No. They can't count the CVSU shares since they never registered them with the S-4. The 111 was the total for FHAL & CVSU.
That's who I use. I tried a GTC limit last week when I had to leave for the day and it was rejected. I'll have to call them and see what the deal is then.
Who's your broker? Most brokers don't allow GTC's for OTCBB stocks. tia
Nasdaq? No chance. They have no operating income or revenues. Assets consist of managing someone elses bond and a horse stable.
ihub rules: Private Messages are not to be posted publicly unless you have permission from the author.
Yes, you can't halt an otcbb or pinksheet stock. It's part of the regulations. Even Harris said that they may not have to halt it. I think he's figured out that he was wrong to have said that.
No. It was never on Nasdaq. It's just a shell that was bought and reverse merged into. Past history makes no difference at all, only how clean or dirty the shell is when you buy it.
The original CVSU shares were supposed to be registered with an S-4 filing, but that hasn't happened. It get's a bit confusing because the new CSHD shares are really the FHAL shares being reissued with the new cusip. From what I remember reading on CVSU, Harris and Stanley own all the shares of the old CVSU and they, in turn, own Songwi Trust. Those shares can't be traded until they're registered or they try another route.
Clear as mud but hope it helps
GA is a private company. I wasn't referring to AISS, which I don't think is anything at this point. I think that they "hope" for financing from Conversion Solution. But I do know that GA is a viable company on to itself. It's a pity that they're not the ones trading publicly, though.
...and you're not even that smart. ah
No. Not at all. That has nothing to do with a business being legitimate or not. Far the contrary. In fact, I think Georgia Aerospace is great because I can verify the DD on them. My point was more along the lines of friends helping friends out and how objectivity, in those types of situations, can be masked by friendship, affinity, family, you name it.
I'm actually really pizzed right now. I try to bring up a point and I'm a minority, to top it off!
WTF was prejudice about that? This board is utterly ridiculous. I wish we had the old moderators. But they moved on, for a reason.
Are there trade halts in OTCBB securities?
Pursuant to NASD Rule 6545, in circumstances in which it is necessary to protect investors and the public interest, NASDAQ may halt trading and quotation in securities or American Depository Receipts ("ADRs") included in the OTCBB if (subject to certain important exceptions specified in the Rule):
1. The OTCBB security (or the security underlying the OTCBB ADR) is listed on a foreign market or registered with a foreign regulatory authority, and the foreign market or regulatory authority halts trading in the security for regulatory or public interest reasons;
2. The OTCBB security (or the security underlying the OTCBB ADR) is a derivative or component of a NASDAQ-listed or an exchange-listed security, and NASDAQ or the exchange halts trading in the underlying security; and
3. The OTCBB issuer (or the issuer of the security underlying the OTCBB ADR) does not provide, in a timely manner, the National Association of Securities Dealers, Inc. (NASD®) with information required by SEC Rule 10b-17.
Additionally, trading and quotation in OTCBB may be halted if ordered by the SEC or pursuant to any other lawful government order.
How do I halt trading in my stock?
NASDAQ does not have the authority to halt trading in OTCBB securities for the dissemination of news. Trading in OTCBB securities can only be halted pursuant to NASD Rule 6545.
Rule 6545 -
6545. Trading and Quotation Halt in OTCBB-Eligible Securities
1. Authority for Initiating a Trading and Quotation Halt
In circumstances in which it is necessary to protect investors and the public interest, NASDAQ may direct members, pursuant to the procedures set forth in paragraph (b), to halt trading and quotations in the over-the-counter ("OTC") market of a security or an American Depository Receipt ("ADR") that is included in the OTC Bulletin Board ("OTCBB") if:
1. the OTCBB security or the security underlying the OTCBB ADR is listed on or registered with a foreign securities exchange or market, and the foreign securities exchange, market, or regulatory authority overseeing such issuer, exchange, or market, halts trading in such security for regulatory reasons because of public interest concerns ("Foreign Regulatory Halt"); provided, however, that NASDAQ will not impose a trading and quotation halt if the Foreign Regulatory Halt was imposed solely for material news, a regulatory filing deficiency, or operational reasons; or
2. the OTCBB security or the security underlying the OTCBB ADR is a derivative or component of a security listed on a national securities exchange or The NASDAQ Stock Market ("listed security") and the national securities exchange or The NASDAQ Stock Market imposes a trading halt in the listed security; or
3. the issuer of the OTCBB security or the security underlying the OTCBB ADR fails to comply with the requirements of SEC Rule 10b-17 regarding Untimely Announcements of Record Dates.
2. Procedure for Initiating a Trading and Quotation Halt
1. When a halt is initiated under subparagraph (a)(1) of this rule, upon receipt of information from a foreign securities exchange or market on which the OTCBB security or the security underlying the OTCBB ADR is listed or registered, or from a regulatory authority overseeing such issuer, exchange, or market, NASDAQ will promptly evaluate the information and determine whether a trading and quotation halt in the OTCBB security is appropriate.
2. Should NASDAQ determine that a basis exists under this rule for initiating a trading and quotation halt, the commencement of the trading and quotation halt will be effective simultaneous with the issuance of appropriate public notice.
3. Trading and quotations in the OTC market may resume when NASDAQ determines that the basis for the halt no longer exists, or when five business days have elapsed from the date NASDAQ initiated the trading and quotation halt in the security, whichever occurs first. NASDAQ shall disseminate appropriate public notice that the trading and quotation halt is no longer in effect.
3. Violation of OTCBB Trading and Quotation Halt Rule
If a security is subject to a trading and quotation halt initiated pursuant to this rule, it shall be deemed conduct inconsistent with just and equitable principles of trade and a violation of Rule 2110 for a member:
1. to effect, directly or indirectly, a trade in such security; or
2. to publish a quotation, a priced bid and/or offer, an unpriced indication of interest (including "bid wanted" and "offer wanted" indications), or a bid or offer accompanied by a modifier to reflect unsolicited customer interest, in any quotation medium. For purposes of this Rule, "quotation medium" shall mean any quotation system, publication, electronic communication network, or any other device, including any issuer or inter-dealer quotation system, that is used to regularly disseminate quotations or indications of interest in transactions in equity securities.
You're right Jannie. I think he was implying that he didn't "pass" the second grade. I thought there was an "in" in there.
It doesn't really matter, though. Rufus caused major damage tonight. I can paraphrase the entire "interview" up with "what I meant to say was..."
Not good. I flipped it yesterday. Couldn't today. It may get ugly tomorrow. glty
lol. Totally wrong! lol
Wrong. And that really was the dumbest post I've read all day. lol
Running out of posts - Harris tried using the bond hypothecation for financing for BBAN. It didn't happen and he got booted out through a civil lawsuit in Nevada. He then tried to hypothecate a 250M mortgage when registering CVSU. That didn't happen either. 3rd times a charm?
It's not really a tangible asset.