Deliver?

Fully reported financials?
The name of the CEO?
Form 3's to verify their ownership?
A product you can actually buy in a store?

They are *all* lawyers regardless of where they work. I guarantee that the person you spoke to did *not* contact the DTC to ask why they were excluding your data from an automated system.

Enforcement would not have the answers and market reg will not give out company specific information but general rules and laws. Unless an attorney spoke *directly* with the DTCC about EXPH *specifically* any answer they gave you was non-descript. It requires an explanation as to why they would *specifically* put in place something that goes outside their *automated* system.

I believe I explained *many* times why the answers you received were *inconsistent*. You were talking to people who do not fact check of follow up on specifics. The office of investor education does not research individual matters they provide general guidance and surface level answers. They are *very* easy to manipulate into the answer you want to hear as they are *very* easily confused when an investor starts discussing conspiracies.

Proof that there was no follow-up by those you guys spoke to is that they did not tell you that the DTC had stopped clearing for EXPH. It wasn't that they had *elected* not to report FTD's, they *elected* not to clear trades. As I explained, the DTC spits out FTD's from the CNS system which is all computerized. It would cost them more to begin creating programs that exclude certain companies based on reporting/non-reporting standards because that would require the DTC to keep track of whether a company is reporting or not. The DTC *DOESN'T* do that as it would be a waste of their money and they are all about money.

*Conspiracy* debunked!

I can't wait to read what this *management* has to say.

why wierd? everybody involved has claimed any activity is years away. do you really think news will come every day for years?

The DTCC issue is not at all common but broker-dealers restricting buys but not sells is not. Broker-dealers who see risk in the company actions will stop shareholders from buying stock. Could be because of the delays in clearance from the DTCC. They do not stop their current shareholders from selling because - well they bought those for their shareholders. I learned all of this the hard way years ago.

It could be that this DTCC issue is old and that is why you see no FTD data - they can't report was is not clearing thru the CNS system (i.e. not an issue regarding non-reporting but an issue of not DTC eligible). FTD's are reports based on DTC eligible trade settlements.

Typically these DTC actions come around a timeframe in which the SEC begins taking action as well. I have seen several companies have the DTCC make them ineligible, It would appear that the SEC came in discussing issues and actions which provided the DTC with potential issues (like sale of unregistered shares). The DTC responds by ceasing the clearance and settlement of their shares.

Could that be what comes next here?

The stock did move up huge on something far less than an $1800 investment.

Shrinking Oil Supplies Put Alaskan Pipeline at Risk

By RUSSELL GOLD
[PIPELINE2] Reuters

The 800-mile-long Trans Alaska Pipeline has to keep oil relatively warm, even as outside temperatures reach -10 Fahrenheit. Dwindling oil production in recent years means less oil has been moving through, and the temperature of the crude has been steadily dropping. This can lead to dangerous ice plugs and wax build up, which can cause corrosion.

FAIRBANKS, Alaska—When the famed Trans Alaska Pipeline carried two million barrels of oil a day, the naturally warm crude surged 800 miles to the Port of Valdez in three days and arrived at a temperature of about 100 degrees.

Now, dwindling oil production along Alaska's northern edge means the pipeline carries less than one-third the volume it once did—and the crude takes five times as long to get to its destination.

That leisurely flow means the oil is above ground longer and more exposed to Alaska's frigid weather; the crude sometimes arrives chilled to 40 degrees. As the flow and temperature continue to drop, experts say the risks of a clog or corrosion increase, as do the odds of ruptures and spills.

Unless a technological solution can be found, the arcane physics of crude flow may force the multibillion dollar, 48-inch-wide steel pipeline to shut down—and determine the fate of the largest oil field ever found in the U.S.

................

Shell earlier this year canceled plans to drill in the Beaufort Sea this summer because, after five years, it couldn't get a federal air-emission permit for an offshore drilling rig. Its plans for drilling in the Chukchi Sea on Alaska's northwest coast are also held up by a legal dispute. Exxon Mobil is also waiting for federal environmental approval, and in February, the federal government denied ConocoPhillips a permit the company had been working on for five years.

Even if permits are approved and the lawsuit is resolved quickly, Shell's Mr. Slaiby says it would take 15 years to produce oil from the remote Chukchi Sea. He says he believes the pipeline would still be operational.

Unless there is an independent audit, what management claims is considered suspect. management has been asked many questions where the answers have been PROVEN to be entirely inaccurate. Due Diligence involves independent verification.

Actually history proves you to be wrong. The SEC typically has very long delays between trade suspension and civil fraud charges. In some cases it is because the SEC is making a stronger case and in other cases, it is because the SEC is working with the FBI on criminal fraud charges.

don't for a minute some how reconcile that all is well because the trade suspension was lifted without immediate fraud charges. I would cite specific examples but that would be a TOU violation.

really, why buy here when the company won't even tell you anything is real? buy at 0.0001 and wait for a bounce.

so are you adding all of today trading into the shorted but not yet covered shares? 91% is awfully high. Just want to make sure I understand the 100's of millions of uncovered shorts.

Me, read up on riskless principle trade reporting.

now I would look at this and say that NITE has a buyer or a seller. Instead of representing their price they represent both a buy and a sell. One is their client, the other is themselves. if it is a seller, the seller wants the asking price. If somebody sells to NITE at the bid they can sell to the seller at the ask and make a fraction of a penny on the deal. Nothing really scandalous there.

Please mark this as your opinion only as it is not factual. this is based entirely on what I believe is a misrepresentation of short sale volume. These alleged short sales do not show up as FTD's and they do not show up in the bi-monthly short interest reports.

EXPH doesn't file ownership, the owner does.

As to who has to file, unless EXPH is not registering their shares these owners must file regardless of the filing state of the company.

http://www.sec.gov/about/forms/form3data.pdf



Really, FTD's were previously reported but are not being reported now because they don't have to. Really? Gray market companies, companies under SEC suspension, and MANY non-reporting companies are reported out on this list but EXPH is not. Not really buying the story told by some SEC investor education person who didn't actually fact check their answers. I am sure the individual was lead on as they generally are by questions like: "The SEC says that FTD's is non-reporting companies don't have to be reported in the FTD list. Is that why EXPH is not being reported?" Simple lead in questions can get you the answer you seek. And when the person you ask doesn't go back and research the real answer you are stuck with the line you created.

uncertainty in a company is different than uncertainty in fraud.

when it is based on uncertainty it is risky trading. while volume is considered high, 60 Million shares traded at these levels is chump change in dollars. Buyer beware.

I wonder, has anybody figured out why EXPH has been singled out by the SEC and DTCC in not reporting FTD's? I haven't seen those that believe this posting any other non-reporting company that is under similar shadows.

I am waiting on proof of this. With several billion shares out there, and the major dilution starting a year ago, I am interested in the proof that the billions of shares are tightly held. the billions sold were sold for several hundred thousand dollars. What small tight group was putting that kind of money into this pig? I don't see that anybody has filed as a 10% owner which is required whether the company is fully reporting or not.

That is a great approach to the I-Box. far too many times i-box is used to promote the fraud by denying critical information that investors should be aware of.

in this case, this company claimed almost a year ago that they would be announcing a new CEO and they have failed to do so. They claimed no further dilution and they diluted. they claimed financials would start being reported - they have not.

Anybody that believes anything these officers claim is a fool. If these crooks are unwilling to put the information before regulators who can call them on accuracy than investors should consider that a major red flag.

It is unconscionable to continue believing people who routinely lie and then spin bogus conspiracies to somehow substantiate their reckless behaviors.

Does sound that way doesn't it. I am sure that crooked officers will not be able to indemnify themselves from their fraud - which is basically what they are doing since they were the officers and they were the company at the time of the agreement.

Interesting turn of events these past months. every warning made is coming to fruition. I have to laugh at how so many heralded Aults return as he being a changed person. The lawsuits against him, the bankruptcies, etc...meant nothing.

Yea, I don't think the revolving door of CEO's will exactly entice new investors to come in. Corestream has gone thru 4 CEO's in 12 months including Ault twice. Impressive.

Lew is now CEO. That pretty much solidifies that this company is a joke/scam. Investors continue to tout all these great wells Corestream owns and yet it appears NOBODY wants to put their name at the head of this company. All the present leaders have left to have opportunity to dump more shares is cycle thru the same guys as CEO.

No but there will definitely be more false runs and share dumps that go with it.

when that is all you have to look forward to - take it.

Madoff was not a publicly traded company - slightly different scenario. How exactly do you suppose shareholders who bought and sold are going to recover?

Than I would request that you keep this board on Apex and not oil in Canada as a global topic. Apex has yet to state anything and all this other generic stuff is off-topic. What Shell does has nothing to do with Apex. This isn't a Canada oil board, it is an Apex board.

So why are other non-reporting companies reported and why are gray market companies under trade suspension reported?

feel free to file that FOIA to get the critical info you want.

imagine that, strong buys when total daily sales are averaging less than $20K.

until it isn't.

Let me break it down for you:

I am sure the individual you spoke to at the SEC worked for investor education. These people talk in generalities and know nothing about the happenings of individual companies. they likewise do not research specifics regarding specific companies. Hence, discussing a specific company and specific issues is useless.

A way to verify for a fact that no FTD's exist would be to draft a FOIA request and request for EXPH specifically citing the fact that a person at the SEC (name that person) stated that FTD's do not have to be reported to the public. When inquiring make sure you identify that if no FTD's exist they report that out to you. (I am sure you are going to tell me to do it myself but it is not I that is constantly claiming this conspiracy exists and I would think the claimant would at least seek the truth to their claims).

Finally, as you keep repeating this claim, can you enlighten us on exactly why EXPH is singled out? I researched APXR, EMLL, SOLU, and even Gray Sheet ZLUS and they all appear on the FTD list so why exactly is EXPH singled out?

actually you are mistaken but that is okay. it may be convenient to rely on this theory but it makes absolutely no sense. i am not sure what credible person you spoke to at the SEC but the facts are, the DTCC reports out FTD's in bulk daily and that raw data is re-posted to the public. there is no reason to, nor any proof of, certain companies being excluded from publication. I believe, as evidenced by the lists, that MANY non-reporting companies are presented in the list making it illogical that certain scams like this one would be singled out for exclusion.


I believe that like the misuse of short sale volume, this theory is likely another misuse of information.

all these massive theoretical shorts - and no fails. hmmmmm

If ETRADE keeps passing out those interceptions we are going to have to bench them for new players. BTW...couldn't be much of an *intercept* if itrader is claiming to have purchased over 30 Million. Oh well - let the truth come out.

But were they *spiteful* trades?

It has to involve individual shareholders because that is the ONLY way that every individual shareholder knows that they were being represented in the count. the banks will not give out shareholder names out of risk of being sued.

Pretty simple.

and you know regulators have not already investigated because?

sure they can. but what is to say it differs from what is in the DTCC? if the DTCC shows no FTD's than technically there is no issue.

Now, the ex-clearing thing. Since it would not show up at the DTCC why submit it in the BD report?

And who is to say the SEC has not already run this route?

they all left. Interesting how asst. mod's slithered away in shame after pumping this garbage. amazing how some pump so loudly and then poof - gone - never to be heard from again.

LMAO...So you say.

Have you seen the *other* non-reporting companies with FTD data?

Unfortunately what is failed to be understood is that the data is a raw data dump from the DTCC and the DTCC does not distinguish as to whether a company is reporting or not. Sometimes it helps to challenge those that give you the answers or...not lead them into answers that resolve conspiracy theories.

it is utter BS to see misrepresentations of what is really happening.

More like what? You are aware that the short sale volume is not really all short sales. They are routed trades executed on behalf of LONGS.

If these are short sales, and abusive, where are the FTD's? oops none!