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Funny, looking at the history of trades on hub, that 435000 @ .003 (not actual last trade) is a failed short attempt...or fresh retail shares that were bought today and are being borrowed while they take 3 days to clear (TD takes 3days to settle).
Shorts are trying hard with this one
You are right. I have shared this product many people now. Some are not into it. But the number of folks that are?!.. waaaaaay out numbers that.
This is an indication of the selling power this product has.
Demos are going to homerun initial sales
And repeat customers are going to keep it going.
It no wonder they need inventory on hand before store distribution
$NHMD
What a run!!!
I find it even more suspect, your level of distain for the article..
I say, it fits the employment profile of duty dropped daily by noise. Not a respectable job
The whole story on here on NHMD naked shorts no myth, no "real" fine either. And it continues to go on. Even to real startups like NHMD
The Financial Industry Regulatory Authority (Finra), a private self-regulatory organization, charged KCG on October 31 with thousands of violations over three years of Regulation SHO, which according to the Securities and Exchange Commission (SEC) “was established to address concerns regarding persistent failures to deliver and potentially abusive ‘naked’ short selling.
Finra further found that KCG “failed to establish and maintain a supervisory system” to comply with Regulation SHO going back to 2012, when the company was re-constituted through a merger.
“So Finra is admitting that KCG never had a system in place,” DiIorio said in an emailed statement.
But despite the routine of repeated misconduct, KCG accepted a settlement on November 22 for a mere $105,000 and some new monitoring. KCG did not even have to admit wrongdoing.
DiIorio’s reaction: “What a deterrent!”
Regulation SHO violations were central to DiIorio’s claims that KCG isolated and targeted penny stocks through naked short selling.
A short sale is a bet that a stock price will drop. Short sellers borrow stock shares from a broker and sell them into the market, hoping to return them to the borrower after buying the same number of shares back when the stock falls in value, profiting from the exchange.
But with a naked short sale, the trader doesn’t even borrow the stock. This creates artificial shares in a security, increasing supply and crippling the sale price.
Naked short selling is only legal for market makers like KCG, so that if there’s high demand for a stock, a market maker can fill orders even if they don’t have the shares immediately available. DiIorio, who began to investigate this after a penny stock he purchased was wiped out in 2006, concluded that KCG doesn’t engage in naked shorting to facilitate markets, but rather to make money for themselves by battering penny stocks.
Naked shorts cannot stay naked forever. SEC rules dictate that naked short sellers must eventually deliver shares to the buyer and close out the trade. Not doing so results in a “fail to deliver,” the securities version of an IOU. Under Regulation SHO, short sellers have to cough up the stock within one day of incurring the fail.
Finra staff reviewed four separate time periods from 2012 to 2015, spot-checking for errors. Most of the problems were found between June and July 2013, when Finra found 3,477 separate instances of KCG engaging in “a short sale for its own account without first borrowing the security,” a description of naked short selling, “while it had a fail-to-deliver position… that had not been closed out.” According to a footnote, these naked shorts were done “to facilitate a customer(s) long sale order on a riskless principal basis.”
This matches DiIorio’s explanations. “This is how KCG generates trading profits in penny stocks,” he said. “There is no such thing as riskless principal basis unless you’re doing something illegal.”
The customers facilitating KCG’s short sales by buying the stock long, DiIorio claimed, are typically high net-worth individuals operating through Swiss banks, using the trading activity as part of a scheme to launder money and evade taxes.
While this was particularly difficult for DiIorio to verify, a separate Finra disciplinary action completed just days ago against Swiss firm Credit Suisse faults the bank for failing to flag potential money laundering abuses based on “suspicious microcap stock transactions and sales of unregistered securities.” The trading at issue “followed patterns commonly associated with microcap fraud.”
This also fits with DiIorio’s story.
In all, Finra identified 3,616 violations of Regulation SHO at KCG over the four-year period. The disciplinary action included “a censure,” a fine totaling $105,000, and the mandating of a written process to ensure future compliance with Regulation SHO within 60 days.
Oddly, it fell to Finra, an independent agency unrelated to the government, to enforce Regulation SHO — not the SEC, which implemented the rule and has oversight responsibility. Routine failures to deliver are supposed to lead to fines by the SEC, or even a ban from the securities markets. DiIorio has attempted to get the SEC interested in his claims for five years, to no avail. “The SEC outsourced this to Finra,” he said.
KCG did not announce the Finra settlement with a press release. Its most recent trading volume statement, for October, shows that the vast majority of its shares traded continue to be in the primary penny stock market exchanges, OTC Bulletin Board and OTC Market. Sophie Sohn, a spokesperson for KCG, said the company had no comment on the settlement.
"Regulation SHO violations were central to DiIorio’s claims that KCG isolated and targeted penny stocks through naked short selling."
https://theintercept.com/2016/12/15/whistleblower-vindicated-massive-trading-firm-knight-capital-charged-with-abusing-naked-shorts/
"The post
https://theintercept.com/2016/12/15/whistlebl...ed-shorts/
is an interesting read. Actually, FINRA and not the SEC took action against Knight Capital. You can read the FINRA letter of acceptance, waiver and consent on link http://disciplinaryactions.finra.org/Search/V...ment/66900.
You can't read the direct link. To read the document:
1) In Document Text type: Knight Capital
2) Check the box: "By selecting this box, I agree to the Terms of Use"
3) Click Search
4) Click the 5th page link
5) You will see the FINRA disciplinary action document against Knight Capital with Action date 11/22/2016
I've added all stocks with failure to deliver of Knight Capital and it's a total of 3616 stocks Knight Capital has violated with rule 204 of Regulation SHO.
Knight Capital is fined only $ 105.000 which is laughable, but it's for violation of these rules. The question is, how much money did Knight Capital make by violating these rules and not close out their short position? How many shareholders were ripped off by the practices of Knight Capital?
Companies who think their stock is involved in shorting/naked shorting should have their lawyers look into this and see if their stock is part of the 3616 stocks that Knight Capital shorted and did not close out and perhaps do something about this. Isn't Ihub and Knight Capital connected in some way?
What I find interesting in this Intercept post is the comment from user "Observer":
"When I was investigating penny stock pump & dumps at the SEC ten years ago, Knight was one of three main players enabling the promoters to carry out their blatant schemes – often hosting the trading accounts of the boiler room operators. Look into the original owners of Knight – you have convicted felons and many-times-banned stock fraudsters. The only reason Knight is in existence is that senior officials at the SEC and NASD were bribed to allow it.
I would love for Knight to sue me for defamation, because the ensuing discovery process would send many of their officers and many SEC former officials to prison."
And this is why Ihub has been allowed to exist for such a long time in my view. If we as regular traders are aware of what's going on on Ihub, would you not think the SEC with their high level investigators know what's going on on Ihub? There must be corruption and big money involved for allowing this to happen and to manipulate stocks on forums with blatant lies and rip off shareholders."
Yeah. LOL saw that
Thanks for the update on current O/S!
FEW real shares available out there
$NHMD
Fair concern on Organic. But they know buyers of this product are not FIRST concerned with organic. And to add, organic ingredients for this product is not as CONSISTENTLY AND RELIABLY "clean". The organic version did not have a consistent flavor profile. This new version is. And tastes better IMO.
Not stopping there, this version is WAY less expensive and adds much more value to , well, shareholders :)
So I say this exposure is just the spot for the re release of the product to buyers that will enjoy the exclusivity of its availability first in store in Southern California locations
"--->On December 8, 2016, the Company met with the senior buyer for Bristol Farms grocery stores. Our meeting --->was very successful"
Seriously!!!? LMAO. I'll say they are not selling ip right now nor are they selling Tx, but given all the development of IP and assay breakthrough and research hurdles, and beyond, THEY MOST CERTAINLY ARE NOT DEAD!!!
But have fun with all that continued noise. Not much meat and potatoes there. LOL!
No pr. It is merely an 8k reporting material events.
"will prove invaluable in providing lower costs of production, as well as assisting in distribution during this period of growth for Nate's Food Co. "
Hey I don't mean to harsh your mellow on the oh so well-thought out "scam" noise but there's your answer, only 2 8ks back.
Your welcome
Facts are fun
!! Perfect. I'll go ahead and predict instore demos on that day!
Here is a link that will help.
http://freshneasybuzz.blogspot.com/2011/11/one-year-on-bristol-farms-adds-4000.html?m=1
Its actually very good that they are independent now, as SuperValu was just a bad parent like Albertsons was. And now they are cash positive and able to build their own brand!
AND MAKE DECISIONS LIKE THE ONE RECENTLY:)
$NHMD
That could be, I can see that. They will find they could have got out at higher prices split up by eow IMO. I have put word out to some friends on the large chunk for sale. There may be bites .
I don't know why retail is posting a million+ on the ask right now,
and it is obviously for reasons other than selling or they would be dumping or breaking up the order,
But between the lines, it has closed the gap, proven the strength of this rise, and is contributing to a solid chart, to say a few.
I could be wrong, but IMO, it might be coming down before EOD.
You're right. IMO, leverage will be on NATE's side beginning from this Bristol farms deal. This is a great move for NHMD
And that's why there is lots of NHMD noise today
228k @.0031 x .0034 @ 10k (VFIN)
Air shares. IMO a person can be fooled by this mm
@004 and thin after
...WOW! Just saw that picture!
$NHMD
Also noticed that 1.3million at .0033 shown as a buy on hubTrades does not show on the live TD 1min chart...looks like some shorting goin on. That's what VFIN is here for. I am going to say that will show up "after hours"
Ok, that's not REAL information...
BUT THAT BID OVER 1.5 million @30
Is!!
I saw 500k hit the bid and hold. I also saw lots of buying this morning. I know what that means!! LOL
$NHMD
:)
$NHMD New product getting dialed in! Can of brownie batter with new can specs. A sneak peak to upcoming news of product development going on at ABCO labs in northern California. This is definitly a new addition to Jeremy Kaplan's web site.
Again, great find Triggerman77!
True. I was checking in on L2 just before the buying kicked in.
Noticed the slapping on the "air share" sellers and thought how odd that seemed for a Friday at the EOY !
So I logged into SEC filings and saw 8k just posted. Just saw "Bristol farms" got dizzy for a second LOL then went back to eagle eye mode on L2.
Your (suspect) additions in RED appear to be FALSE. FACTS are fun DDupdate
So I've taken the liberty to call BS
on your additions that clearly and FALSELY represent actual facts!
On August 23, 2016, Nate's Food Co. reported that the Company had entered in to an arrangement with one of California's largest aerosol producers to begin production of Nate's Homemade Pancake and Waffle Batter. This will enable the Company to increase our marketing to regional grocery chains during the 4th Quarter of 2016 and begin sales during the 1st Quarter of 2017. This is the same company that acted as the co-packer for Nate Steck's earlier product "Batter Blaster", and they have retained their interest in working with Nate since that time. They have had repeated requests from grocery retailers regarding the availability of Batter Blaster, which motivated them to contact Nate regarding resumption of the relationship. Their experience with Batter Blaster will prove invaluable in providing lower costs of production, as well as assisting in distribution during this period of growth for Nate's Food Co. Preliminary testing is completed and small batch production has now begun, with increased production capability to begin by year end 2016, assuring the Company that inventory will be sufficient to meet anticipated demand in the 1st Quarter, 2017. The Company expects that this agreement will augment and enhance our ongoing development and production activities with ABCO in Northern California.
On December 8, 2016, the Company met with the senior buyer for Bristol Farms grocery stores. Our meeting was very successful, and we can announce that Bristol Farms will become our 1st retail grocery store customer. Bristol Farms is an independent grocery store chain in California focused on marketing to an affluent customer base. The Company has provided Bristol Farms everything required to complete the vendor certification process over the next 30 days. The buyer is preparing purchase orders for delivery of Nate’s Homemade Pancake and Waffle Batter to begin after February 1, 2017. The Company is currently setting up a schedule for in-store demonstrations at Bristol Farms stores in order to introduce customers to the great taste, convenience and simplicity of our product. The Company is confident that our relationship with Bristol Farms will open doors with other grocery chains and contribute significantly to the Companies growth during 2017.
..WOW, you're right!! That is new.
Good catch. This is appearing to be a roll out that will include adds with batter mix and upcoming products to "look forward" to. They seem to be doing this right. It'll all count big so I imagine NATE's homemade brand will attempt a roll out that will be most effective and value driving for the company.
Well, looks like bidding AND ask slappin on Monday! $NHMD$ has not topped yet with this news:)
Sounds like the batter blaster launch and now NATE is ready for the growth!
"In 2008 Batter Blaster's annual revenues hit $15 million. O'Connor expects the total for 2009 to surpass $19.5 million.
"It sells incredibly well. It's a convenience item and great for the elderly, who make single servings, along with parents, single people and campers," says Jeff Mejia, director of perishables for DPI Specialty Foods, which distributes the product to Albertsons, Bristol Farms and Jensen's stores. The product retails for $4.99 a can."
http://money.cnn.com/2009/12/23/smallbusiness/batter_blaster.fsb/
For the record. DATES ON CANS ARE NO LONGER ON STICKERS. They are now printed on the bottom
Headed to post office now for another fresh 8pack of NATE's homemade now! :)
$NHMD$
It doesn't deep, there are many OTC companies producing profit that sometimes show very very low volume with 0 volume once in a great while
Yes, really. Wells notice is laughable BS
I have had the opportunity to average down. Not all who bought in at over a penny have had such option. So losses are hard to stomach i understand. I have realized some real bad loses before. OTC can be merciless.
NHMD is an eventual IMO. Just like ampg, it took a year before it finally started up and they had sales and inventory....long story short, I am continuing to add when I can down at this level.
GL born!
Your first concern as "legitimate" is in almost ALL OTC filings. And that is common knowledge. Not a real talking point of workable noise
No fear here
They probably started distribution....same
Hey surf!!!
Anyway, I have real product coming to my door again soon from nateshomemade.com
Most certainly not a scam and most certainly about to be distributed to stores in California.
Hey how's the conspiracy theories going? LMAO!
DISTRIBUTION $NHMD$
And currently available on line.
ZERO toxic debt
Very low AS of 500mil
Float locked with OS of about 300mil