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Also note the statement at the top of the page...
How Ironic! Look at the date at the bottom of the Wikipedia page link posted.
$TALK
United Mobile Solutions, LLC, an indirect wholly owned subsidiary files for Chapter 11 Bankruptcy...
http://ih.advfn.com/p.php?pid=nmona&article=72020513
It took SIR?Q about 2 weeks to lose it's Q after final court date.
They have pretty much removed all the .000x tickers and most of the lower .00x tickers and unwilling to add them back on until they have done an R/S to bring their pps up, or have moved up well into the mid to upper .00x range. I considered cancelling my subscription with them earlier this year, but decided to hold onto it a little longer. But majority of the tickers I play are .000x tickers.
While, IMO not as good, Barcharts.com and Stockscores.com have many of the .000x and .00x tickers I'm looking for. You can modify the charts, but with less freedom of choices as you do with Stockcharts.com.
$KGRI .0002 X .0003. Ready to explode any day!!
Nice find!!
I know it will. Hoping to get a few more 2s while we wait for launch.
If ppl on CDEL and NITE thinned out the sell order(s) on the ask this would start moving again like this morning.
MMs do it all the time! They don't have to deal with the ridiculous fees like Joe the trader does.
Exactly!! I'm still holding my free shares. So, if I lose them...I lose them. But if it goes the other way...I'm still in!!
Also if shares are cancelled in the BK, if there were any naked shorts, they are off the hook, free and clear. Will never have to worry about coughing up shares to cover their fake shares.
Shares in a Chap 11 Re-org DO NOT always get cancelled!!
I agree! I have located a few people listed on the Schedule F on Facebook. This evening, I sent a message to each of them requesting any information concerning the letters they should have received. Hopefully, neither of them will be too skeptical to respond to my message due to all the fraud going on social media and the telephone. I explained my reason for requesting the info. Maybe one will be willing to email me a scan or pic of the letter.
Soooo, you've been holding shares since 2008 and DIDN'T get a letter to the "Fractional Shareholders" from the bankruptcy filing? Where you not on the Schedule F? Hmmmmm!
No they don't! IF... there are any short positions, they will simply disappear once the shares are terminated. Never to have to be accounted for or returned. This is one thing naked shorts hope for, to drive a company into bankruptcy and have the shares cancelled!!
That is an article that the composer extracted info from different parts of the BK Re-Org Plan and group them together to create the article. No where in the Re-Org Plan is wording grouped together in a paragraph like in this article. Grouping of extracted facts, depending on how it is organized in the article, can change the meaning of how it was originally worded in the official document. We see this consistently in the media, esp, when dealing with politics. Show a clip of video footage, just enough to support our agenda, yet leaving out all the facts that surround the video clip shown.
Copy/paste emails hold no merit. Where's the screenshot of the email? One can always mask their personal info in Paint or Photoshop!!
I think you're on the wrong board or just flat out spewing BS. There has never been any mention of going pot or solar. A loan company is taking over the company.
Wow! Those bring back memories! lol
If you look at the last 10Q/A that was filed 9 Sep 2009, for period ending 30 Sep 2008, it states the OS as 4,398,674,337 a/o 10 Nov 2008. To my knowledge, there is not a more current document stating the OS. Based on the number of shares traded today alone and the movement made, it is obvious we have a large OS. As far as any new shares being added to the OS after BK filing, isn't allowed. Just as you are not permitted to keep creating new debt during your bankruptcy proceedings once you file.
If someone else has found something that states otherwise, please post it.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6792779
Not a single person claiming to have received an email response from the BK attorney has posted a screen shot of the email as proof of having received an email from him. Only one person has done a supposed copy and paste of a "partial" email. I can type the text of an email and post it and claim it is a copy paste of an email I received from anyone. But a screen shot of an email that includes the publically known email address of the person it was received from has more merit.
Yes, I read that also.
What promo?
You are incorrect. A fractional share is a share less than 1 share, e.g., .7 of a share is a fractional share, usually a result of post r/s. Those are the shares being disolved.
Hell no!! I'm in, been in have plenty! Ready for this ride. Just tired of the BS unsupported claims I've been reading here for over a month.
Post proof of where it specifically states all the common shares are getting cancelled. I'm not referring to fractional shares. Show me!!! This is not my first Q ride!!
I know for a fact, he's been around for several years under this name.
For those who do not understand what fractional shares are:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123033168
Bankruptcy Schedule F...
http://info.legalzoom.com/schedule-f-bankruptcy-discharge-23449.html
Schedule F Bankruptcy Discharge
Bankruptcy means a fresh start – a court order protects you from collections and lawsuits, and eventually, the court discharges (cancels) some of your debts. You must report your assets and liabilities, and you will be required to sell your non-exempt property to repay creditors (in Chapter 7) or set up a repayment schedule (in Chapter 13). As your bankruptcy case begins, you'll complete a Schedule F, and it's vital to know the difference between a secured and unsecured debt when preparing this form.
Secured and Unsecured Debts
A secured debt is a loan secured by property, which you pledge to surrender to the lender if you fail to repay the loan. Home mortgages and auto loans are examples of secured debts, where the loans are secured by a house and car, respectively. Unsecured debt has no property pledged by the borrower that guarantees repayment. "Priority" debt, in bankruptcy terms, means debt that the court may not discharge, whether or not it is secured (such as child support and federal taxes). In a bankruptcy filing, you must disclose unsecured non-priority debt by completing a Schedule F.
Schedule F
You must list all unsecured non-priority creditors on Schedule F, as well as the amount you owe each of them. The form asks for addresses, account numbers and the names of any joint account holders. The bankruptcy court uses the information you provide to notify creditors of the bankruptcy petition. Once creditors receive notification of the petition and the automatic stay granted by the court, they are no longer permitted to contact you or make further attempts to collect their debts outside of the bankruptcy case. If you fail to list an unsecured, non-priority creditor on Schedule F, that particular debt will not be subject to court discharge.
Discharge
At the end of the bankruptcy case, unsecured non-priority debts are discharged. If a creditor has not been listed on Schedule F, then his debt survives the case. The creditor has the right to collect the full principal balance as well as accrued interest, penalties, fees and court costs if he brings a claim to court. Negligence on the part of the debtor or ignorance of the law regarding unsecured non-priority debts will not protect the debtor from collections or lawsuits.
Amended Schedule F
If the debtor fails to list an unsecured, non-priority debt on Schedule F, he may file an amended Schedule F while the case is still open. If the case has been closed and an unsecured creditor comes forward with a claim, the debtor may file a motion to reopen the case, add the debt to an amended Schedule F and have the debt discharged. The court has leeway in granting such a motion, depending on the date the debt was incurred and whether, in the court's judgment, the debtor intended to conceal the debt.
You lost me...What does that Schedule F explanation have to do with a Bankruptcy Schedule F?
If you were listed on Schedule F as a shareholder, you would have recieved a notification letter that was sent out end of April!!
True! Every comparison of one ticker to another are two different situations! You can only compare the similarities of any two tickers situation/events. That's called speculation based on how something similar reacted to a given situation!
To blatantly post false information to mislead is BS!!
His false statements become facts!! When pigs fly!! LOL
I have heard several say they sent an email and didn't receive a reply. But yet, the one person who addressed the attorney by first name, like he knows him, gets a response (according to his copy/paste email communication). I call BS!!
Yep! Same crap!
You Betcha!!!
I've been here for two months...tired of listening to the false info.
The only common shareholders that would have received a letter, would have ONLY been those holding fractional shares.
Also, why won't the person claiming to have received an email from the company's bankruptcy attorney provide a screen shot of the email WITH the "From" email address visible, verses only copy/paste text? Hmmmm!
I have been in a few Q's that have dropped in the past, including SIRG. Once the Q drops AFTER the June hearing, assuming everyone involved is in agreement with the proposed plan and after FINRA receives and reviews the final judgment order, before removing the Q (approx. 2 weeks), this could be a wild ride. I'm loaded and still loading as profits from other tickers are freed up.
The court document specifically states FRACTIONAL COMMON SHARES!!!!!
Fractional shares are the only shares affecting the typical shareholder. Fractional shares are shares that are not or will not be equal to a whole share. Usually a result of post Reverse Split (RS). Example: after the RS, you end up with 3465.7 shares. The .7 of a share is the fractional share. Another example: DVLY recently had a RS followed by a Forward Split. This is the comment included explaining what will occur in the event a shareholder ended up with fractional shares...
I'm pretty sure it had to do with the attorney's compensation hearing on the 26th May...