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There is no CEO. Just a custodian.
This will rocket if/when it becomes current. Until then there is no obligation or need for the custodian to communicate.
Looks like the final dump. Just gonna be a lottery ticket for those who hold.
Thank you. Let's hope they get it done!
Question:
With the new SEC rules, are we in need of filings here, otherwise go to the grays after september?
wise post.
If it continues to drop because of the lack of filings, then goes gray, you can set an alert to yourself for when it becomes current and buy again, likely lower than where we sit now.
I've sold off most of my position and am disheartened by it, but I won't go to the grays. Been there a few times and it's never worked out.
Pink, no info companies wouldn't be quoted. They'd go to the grays.
Is anyone here concerned about the new SEC rules as applied to ETEK?
Is this definitely going to the grays as of May 31st if we don't get a filing?
In trying to figure out the new rules, it looks like the filings are supposed to be submitted by My 31st but there won't be any action taken until Sept 28th.
Am I missing something?
I know it!
Hopefully 7's are lucky as that seems to be the magic number on level 2 at the moment.
Ahh. Thanks.
Isn't the deadline september 28th?
Still holding here as well.
jeez....where's bottom?
Seems like I'm in a few tough ones...I have some hope, faith and confidence in all, but especially this one. Will tough it out and continue to add when I can.
It's always hard to hold a big red hand...but that's just part of the game here. It's always darkest before the dawn.
It seems to me that this company is looking to make bold moves. They stated that they are in contact with acquisition targets from $5-$50 million.
I think the dilution is to finance growth. That would be big here.
Just my opinion.
Thats gotta be an algorithm thing. It happens now and then but I don't know why.
I dunno. The custodian is posted above as emergent LLC.
Custodianship play. There is no business yet. Hoping and waiting for RM news.
Custodianship play. There is no business yet. Hoping and waiting for RM news.
The thing about this company that gives me confidence in the latter is the management. They are making an effort to be informative and transparent. That's very unusual for a sub ticker.
Something a I've learned in the OTC: When pros on the board believe in it, then it MOST OFTEN has it's run. Usually 500-2000% (or so).
It usually takes time (3-9 months?), but it happens.
IMO of course.
Good post.
Good post.
And if they are holding it down then it's time to load before they let it go.
The longer this stays down the more it coils.
Damn. Painful here.
Well dang. This is very impressive.
This is a real company with real revenues, real clients (big ones) and they are making a strong effort to act like one of the big boys.
There are also many experienced posters on this board who feel the way I do.
What I've learned from the OTC, is that if the those knowledgeable believe in the stock, especially for it's fundamentals, then it will most likely AT LEAST have a serious run (10X+), if not much more over time.
It could be in 2 months, 6 months or more, but it's coming. Most often, patience makes for much larger gains.
All IMO, but I'm still adding.
What is?
Good for you.
Post 34815 from last night has the memo from TD.
Good luck to you as well.
That is the game in the OTC. But if you can figure it, it can be very lucrative.
It's a dark play for sure. But it has had a wide channel for months now. Someone's been making a lot of money off it.
This seems to want to go up.
I know it's a custo play, been here for 8 months.
I think your broker was responding to a different question.
I have e-trade. They sent out a similar notification about CE stocks a few months ago. When SNVP went to CE status I could no longer buy it, only sell on E-trade. TD just sent a similar memo out saying they will no longer allow CE status stocks to be purchased, only sold.
This means there will be little to no market for this ticker until the CE is lifted, which can only happen with filings.
It's a tough one. Good luck!
I think what they are saying is that while it still has CE status, most brokers won't let you buy it, only sell. So if TD America is another broker who won't let you buy a CE stock, then how do you trade it?
It would have to come off CE status and that is done with filings.
To remind me...Is the SEC deadline in September?
over 20 million shares in 1 transaction.
Someone's loading.
"with acquisition targets" is pretty clear.
If it was amongst themselves they would be talking "about" targets. Or "with acquisition targets in mind."