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I was in the AMRE run but at least they did not lie, all their filings were and still are OK. It just did not occur to the uninformed that their holdings in those pinkies RBSY NUAC (or something similar) were way way way overpriced.
TT
Pink Floyd - Run Like Hell............EOM
TT
I'd be scared shitless holding this CSHD(FHAL) thing longer than 1 hour from now on because of the CEOs latest impromptu PalTalk interview without prior disclosure which will just exacerberate all the previous Reg FD disclosure violations.
and yes, he did admit CSHD doesnt realy realy hold the 500 mil bond...........lmao
TT
I would be too
Guess I just have to start up my old rant of the impossibility to halt OTCBB stocks again and be as relentless as the pumpers.
The deadline for the FHAL (Furia) 10-k is still 9/30, merger or no merger simply because the 8-K informing the SH is a post 6/30 event. Also, the change in fiscal year for the MERGED company as stated in the 8-K is pending on an R/M that has yet to happen. R/M if ever will be a post 9/30 event.
Prediction: Because of the refusal of any CPA to sign off on the 10-KSB before 9/30, the OTCBB will grace CSHD a 2 day laps and then slap the dreaded "E" on the ticker for not filing the 10-KSB on time and then give CSHB the usual 2 weeks grace period as deliquent before delisting.
TT
Chevy, that list is like Who's Who and Creme de la Creme on IHUB. You sure, not listening to any of these guys is a good idea???????????
who's next.............. Buffet
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FHAL (CSHD) board is a pure joke
Run by a pumper.
Have spent a few hours today to make them understand the CEO cannot halt the stock to almost no avail. I even showed the actual rules for halts in OTCBB.........but nooooooooooo the majority still firmly believes in a halt.
Hell, most believe it will open at 15 bucks tomorrow just because of the ticker change. Pure comedy
Even tried to show the 10-KSB isn't due until 9/30........lol.
Buzz tried to educate on the technicals of a ticker change and the board owner came out and blasted him
beyond belief, a new cult has been born
TT
Sceptor, you never fail in showing your inexperience
Sure, after the merger, which btw is still to be executed on some undetermined future date, the fiscal year of the new company will be changed to coincide with the calendar year.
However, facts still stand that the FHAL fiscal year ended 06/30/2006 and that FHAL (or CSHD) will owe the SEC a 10-KSB for the year 7/1/05-6/30/06 before 9/30. You are not allowed to LENGTHEN your fiscal year by pushing end of year date up without filing a 10-K for the originally defined fiscal year.
By changing the end of the fiscal year, FHAL (CSHD) will owe the SEC another 10-KSB for the newly defined year ending 12/31. That is, FHAL (CSHD) will need to file TWO yearly reports within one year. I’ll leave it up to you to figure out when the second one is due.
TT
The Commission's rules under the Exchange Act require disclosure at quarterly and annual intervals, with specified significant events reported on a more current basis. Specifically, a domestic issuer subject to the Exchange Act must, among other obligations, file the following reports:
• An annual report on Form 10-K (or Form 10-KSB in the case of a small business issuer) no later than 90 calendar days after the end of its fiscal year;
• Quarterly reports on Form 10-Q (or Form 10-QSB in the case of a small business issuer) no later than 45 calendar days after the end of the first three quarters of its fiscal year; and
• Current reports on Form 8-K for a number of specified events generally within five days after their occurrence.
In addition, a company may be required to file transition reports on Form 10-K or 10-KSB or Form 10-Q or 10-QSB when it changes its fiscal year.
FHAL fiscal year 2006 ended 06/30/2006
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ced70. this is my last reponse on this issue.
first, you need to remove all symbols with 5 letters since these fall either under circumstance number 1 or 2
1. the company is also traded on a foreign exchange and is halted on that exchange (Foreign Regulatory Halt)
2. the security is a derivative of a company listed on a national exchange. For instance, warrants traded on the OTCBB of a company on the Naz will be halted if the trading of the company’s stock on the Naz is halted (listed security halt)
That will remove most symbols off your list. The remaining were indeed halted by SEC or for reason number 3.
The reason for the T.3 code is to disseminate to the B/Ds and MMs the (1) the time when market makers can begin enter quotations again and (2) the time the security will be released for trading.
The T.3 code just tells everbody to be ready for trading again
Time for martinis
TT
Moden Rock. Finally a correct answer.....lol
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itsmikie. On no exchange, AMEX, NYSE, Naz, or other, can a company be halted for a 10K. A 10K is simply an annual financial report. In this case, the 10K will summarize all financials for the last fiscal year which ended 6/30/06.
TT
sceptor. you don't read what you post do you.
As you saw from your post of halts for this year, there were all of two halts so far.
ADZR and DOVPW.
ADZR was halted (suspended) by the SEC before being kicked off the OTCBB. Here is part of the ADZR PR issued to clarify the halt to the shareholders
http://biz.yahoo.com/pz/060712/102024.html
CALVERTON, N.Y., July 12, 2006 (PRIMEZONE) -- AdZone Research, Inc. (OTC BB:ADZR.OB - News) reported today that its Chairman, Charles A. Cardona, has issued the following update to shareholders:
Dear Fellow Shareholders:
AdZone Research is currently the subject of a stock trading suspension by the SEC. The company was given no prior notice that this would occur and has yet to receive any additional information from the SEC regarding this matter. The company has always done its very best to completely comply with all past SEC requests and inquiries and intends to continue to do so.
DOVPW. This should not require any clarification. See that "W" at the end of the symbol. Do you know what that means??? No didn't think so. It means it is a Warrant. DOVP (without the "W") is a stock listed on the Naz. DOVPW is a warrant for DOVP listed on the OTCBB
and as I posted. If the security is a derivative of a company listed on a national exchange. For instance, warrants traded on the OTCBB of a company on the Naz will be halted if the trading of the company’s stock on the Naz is halted (listed security halt)
Go get some education before trying to insult people
TT
Hititup. For the third time. No halt is possible.
This is what you referred to. But obviously, you didn't read it
The Securities and Exchange Commission (SEC) has approved a new rule which gives the National Association of Securities Dealers (NASD®) the authority to institute trading halts in OTC Bulletin Board® (OTCBB) issues under certain circumstances. The NASD will begin to exercise its new authority in thirty (30) days on June 26, 2000. For specific information about the new rule, please refer to the General News section of the OTCBB Web site.
In my original post I listed the 3 circumstances that would warrant the NASD to halt trading in an OTCBB stock. Just for you I'll repeat them here.
1. the company is also traded on a foreign exchange and is halted on that exchange (Foreign Regulatory Halt)
2. the security is a derivative of a company listed on a national exchange. For instance, warrants traded on the OTCBB of a company on the Naz will be halted if the trading of the company’s stock on the Naz is halted (listed security halt)
3. the company has failed to comply with the requirements of SEC Rule 10b-17 (Record Dates)
Other than for these reasons, the NASD is totally powerless to issue trading halts on the OTCBB (and so is anybody else). The halts you see on real exchanges for anticipated news can therefore never happen and has never happened on the OTCBB.
TT
and that just confirms my previous post. No halt. It would help if you also read through the definitions of each of the halt codes.
For instance, everybody here believes there will be a T.1 halt in anticipation of news of the $15 reset, but read carefully the definition and you'll understand it does not apply
T.1 Trading Halt - News Pending
Trading is pending the release of material news. OTCBB issue is a deritive or component of a security which is listed on The Nasdaq Stock Market, U.S. exchange, or foreign market or exchange, and there is a trading halt on the underlying security.
That is, you can't halt an OTCBB stock for pending news, just like I tried to explain in my earlier post
TT
What certification????? There is no such thing
You and everybody else here has seen the official OTCBB announcement. The B/Ds already have all info that's needed, i.e the new symbol and the CUSIP
TT
There will not be a halt
The reason is simple. The OTCBB is not a self regulatory exchange like AMEX, NYSE or Naz. Therefore the NASD, which manages the OTCBB has absolutely no authority to issue a halt except in very rare circumstances, such as
1. the company is also traded on a foreign exchange and is halted on that exchange (Foreign Regulatory Halt)
2. the security is a derivative of a company listed on a national exchange. For instance, warrants traded on the OTCBB of a company on the Naz will be halted if the trading of the company’s stock on the Naz is halted (listed security halt)
3. the company has failed to comply with the requirements of SEC Rule 10b-17 (Record Dates)
Other than for these reasons, the NASD is totally powerless to issue trading halts on the OTCBB (and so is anybody else). The halts you see on real exchanges for anticipated news can therefore never happen and has never happened on the OTCBB.
The only other authority to stop trading on the OTCBB is the SEC, which actually does not issue halts, it merely suspends the trading for a set period of time. Usually 3 weeks.
That is, and I hope everybody reading this board understands that it does not matter how much the CEO or anybody else is screaming about a halt, it will not happen. Not now, not ever.
Tomorrow morning the new symbol will be effective and FHAL will be trading under its new ticker as if nothing had happened. No halt.
TT
TGB and NXG. Two nice copper miners below 5 bucks. Both had nice runups for the 1Q earnings and may be primed for a repeat
TT
Please find me one, just one, ticker symbol that is shared by two companies.
"Cash Can shouldn't be an issue, there are some stocks that use the same ticker but are on different boards.
Cash Can is Pink, we are OTC:BB / NASDAQ."
Buzz, you're way too modest. There will be a halt alright but not for the reason the pumpers here predicted.
NT 10-K filed on 9/30
10-K filed at the earliest on 10/15 if ever
Grey market on 1/1/2007 at 0.0042
TT
I already did
but just for you
T.1 Trading Halt - News Pending
Trading is pending the release of material news. OTCBB issue is a deritive or component of a security which is listed on The Nasdaq Stock Market, U.S. exchange, or foreign market or exchange, and there is a trading halt on the underlying security.
http://www.otcbb.com/news/tradehalt/haltcodes.stm
TT
No. Because FHAL is an OTCBB which is NOT a sub of a company listed on The Nasdaq Stock Market, U.S. exchange, or foreign market or exchange...... and there would need to be a trading halt on the mother co.
TT
Morning Money. T.1 code is there as well, maybe you missed it
http://www.nasdaqtrader.com/trader/tradingservices/marketwatch/TrdHaltCodes.stm
Note the difference in wording between the OTCBB T.1 and the Nasdaq T.1
TT
Chevy, I'm just trying to educate you. Hopless
Again. A company cannot unilateral decide to halt trading in its own securities. I'm sure you can understand the conseqences if they could.
TT
He knows.........or at least his security laywer does
Been reading up on the filings today and nowhere does it say that the trading will be halted. Which is as it should, because neither FHAL nor NASD has any authority to issue trading halts of american bred OTCBB issues (unless it's a sub to major exchange traded company). Now, if it is an security on a national exchange things are different
TT
wrong. to get to T.3 halt you must first have a T.1 halt
TT
There will not be a trading halt
Under the NASD OTCBB rules a company cannot request a trading halt and the NASD cannot halt an OTCBB traded security unless
• the OTCBB security is dually listed on a foreign market or is registered with a foreign regulatory authority and a foreign regulatory authority or market halts trading in the security;
• the OTCBB security is a derivative or component of a Nasdaq or an exchange-listed security and Nasdaq or the exchange halts trading in the underlying security; and
• the OTCBB issuer does not timely provide the NASD with information required by SEC Rule 10b-17.
None of which applies to FHAL
See NASD rules 4120 and 6545 for further info. You can also check the OTCBB halt codes here
http://www.otcbb.com/news/tradehalt/haltcodes.stm
and as you can plainly see none is applicable to FHAL
Only the SEC has authority to initiate a trading halt in FHAL and this will not happen....at least not just yet
Also forget about thinking the the trade symbol will change in the middle of a trading session. Will not and cannot happen. Under OTCBB rules the symbol change will be disseminated to the public in the afternoon the day before the change. The symbol change will be publicized here
http://www.otcbb.com/dynamic/update_2006.htm
and here
http://www.otcbb.com/dailylist/
You don't know much do you
TT
0.35 on 8/17/2006
TT
yes. KLUC shares will be extinguished
The Kaiser Aluminum Amended Plan, in general (subject to the further conditions precedent as outlined below), resolves substantially all pre-Filing Date liabilities of the Remaining Debtors under a single joint plan of reorganization. In summary, the Kaiser Aluminum Amended Plan provides for the following principal elements:
(a) All of the equity interests of existing stockholders of the Company would be cancelled without consideration.
http://www.sec.gov/Archives/edgar/data/54291/000095012906005332/h35820e10vq.htm
Scandinavia where everybody is blond and sex is free but you can’t drive drunk.
Legal limit is 0.05 as compared most US state limits of 0.08
You go over, you will face a mandatory prison sentence of 1 month and you’ll loose your license for a minimum of one year. No ifs and buts
I’ve always been truly amazed by the lax attitude over here.
But in contrast to US public perseption you are really not considered drunk until your legs start to give out. Men and women same rule. If you ever been to a bar over in the lands of midnight sun you would know. By 1 AM most are struggling to stand straight. But nobody drives, take a cab, walk or something else not common in US, public transportation, to home and then have sex. Brigg’s country.
Thinking of it not sure why I moved here.
TT
x-rights symbol, and I am not making this up either is
USG"=
At least it is working fine on Etrade. Price right not 17.10
TT
June 23 @ 1.87
A Prayer for Ben Bernanke
Hope that Ben knows what he's doin'
Or we'll face financial ruin.
(everybody) We're feeling a little cranky
Worried 'bout our central bankie
Don't want the economy in the tankie
God watch over Ben Bernanke.
TT
Rereading the news
On June 7, 2006, King's trading symbol will change, reflecting the reverse split, resulting in 74,219,902 shares outstanding.
I get the impression the R/S will take place at the close of trading June 7. That is we will be trading all day tomorrow with the same old symbol
TT (has been known to be incorrect)
For Pink Sheets you have to look at not the nasdaq, not the amex, and not the otcbb but........the pink sheets of course. Here's link to the daily changes and looking at Mondays changes you'll find the change of GAVG to GVDVG. Note also that the list is updated in real time, not just once a day
http://www.pinksheets.com/marketactivity/getstats?action=daily_listing_symb_change
As of this posting no sight of KING yet though
TT
CESV - Raw, you may be onto something here. Now it's the SEC's turn. Something smelly. Good trading stock while alive though
SEC SUSPENDS TRADING IN THE SECURITIES OF CHINA ENERGY SAVINGS TECHNOLOGY, INC.
The Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the Exchange Act), of trading in the securities of China Energy Savings Technology, Inc. (China Energy), a Nevada corporation headquartered in Hong Kong, at 12:01 a.m. EDT on May 19, 2006, and terminating at 11:59 p.m. EDT on June 2, 2006. The Commission temporarily suspended trading due to concerns that certain China Energy affiliates and shareholders may have unjustifiably relied upon Rule 144 of the Securities Act of 1933 (Securities Act) in conducting an unlawful distribution of securities that failed to comply with the resale restrictions of Rule 144 of the Securities Act. The Commission is also concerned that China Energy may have unlawfully relied upon Form S-8 of the Securities Act to issue unrestricted securities. Questions also have arisen regarding the accuracy and completeness of information contained in China Energy’s public filings with the Commission concerning, among other things, statements regarding the company’s shareholder base. The Commission cautions brokers, dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company. Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff in the Division of Market Regulation, Office of Interpretation and Guidance, at (202) 551-5760. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to China Energy’s securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action. (Rel. 34-53839)
TT
Maybe, but then, who is buying? and why buy at ask. Thing is, large trades are going off at ask. NITE just moved off 0.005, but there are 5 MMs sitting at 0.006. If that wall is taken down, then there might be something brewing.
TT
Where are you??? SEPI has been on fire lately. From 0.003 to 0.045 in less than a month and it's far from over.
TT
OT: What happened to pontius???
His pick from last year, SEPI, has been on fire lately. From 0.003 to 0.045 in less than a month and it's far from over
TT
Scott Haire bought the majority stake in ETCR for $15,000. Now that’s a real firesale. ETCR now belongs to Scott Haire
Scott Haire is also HEB, LLC, which is being acquired by SFNL
The acquisition of HEB, a privately held limited liability corporation, brings with it several business entities, each of which is expected to be a significant profit center for Secured. HEB has an interest in Veriscrip, controlling interest in Wound Care Innovations LLC, and a purchase contract of the assets of Envoii and Convoii." Current management of HEB has agreed to remain and will continue to run HEB as a subsidiary of Secured. "This acquisition fits perfectly with our continued model of 'Opportunity Financing and Investment' by building a solid asset base and corporate profit centers for Secured and our shareholders," said Schultz
Seems to me HEB now will have controlling interest in Veriscript as well
TT
Item 8B. Other Information
Effective April 14, 2006, the Company entered into a Stock Purchase Agreement with MLH Investments, LLC (“MLH”), a Nevada limited liability corporation, where MLH purchased 156,196,406 shares of authorized but unissued shares of Class A Common Stock, par value $0.0001 per share, at a purchase price of $0.0001 per share ($15,619.64 in the aggregate). Simultaneously, an additional 100,000 shares of Class B Common Stock were also purchased by MLH Investments from James Arch, Chairman of the Board of the Company, at a purchase price of $0.001 per share ($100 in the aggregate). The sale of the Class B shares was a private transaction.
The sale of the Class A shares was approved by unanimous written consent of the Board of Directors of the Company. The reasons behind the consent were (a) the insolvency of the Company and the inability to obtain sufficient funding to execute its business plan, (b) the Company’s unsuccessful attempts to obtain funding from any other sources, © the fact that without an immediate infusion of operating capital, the Company will be forced to cease operating and liquidate, (d) MLH offered to immediately wire more than $15,000 to the Company’s account, (e) MLH will explore a potential restructuring of the debt and equity of the Company on terms to be determined, (f) this is the only funding alternative available to the Company, and (g) the Board determined all shareholders and creditors of the Company will be better served by the stock purchase than liquidation.
MLH Investments is Scott Haire
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?CorpID=672343
TT