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I am not sure this thing is going to rebound.
He responded to me one time. I posted his responds online. Wasn't a very good one though.
Or maybe we are all dreaming??? George needs to promote his company.
Nevermind, I answered my own question and found out that it is. Called the number on the SEC website and apparently it has been disconnected
I take it this stock is dead?
The Volume is there but not the price. This is getting nuts.
I am starting to doubt if this stock will ever take off.
I feel a RS coming and a pretty nice fall as well. I like this company but I think they are doing stuff all wrong. The only thing they can do now is a nice promo
Anyone thing there will be a strong finish to this crap stock?
Yeah but we have all heard the same song and dance before.
Thats all great and dandy, but the CEO is what makes or breaks a company. You can have a badass company but with poor leadership it can sink.
BS. Look I am an investor too, and I have watched VELA Rise and Fall several times. The CEO has no control over this company and doesn't do any promos. This stock will get to around .001 again and they will RS again and piss all their investors off. George has no clue what a good promo looks like and this is him and his goons off loading. I am so pissed off with this company I am half tempted to vistist HQ just to see what is really going on.
Timber. I will be shocked if this thing still has life in it.
We will be lucky to have this thing close at even.
I say it tanks more. .001 by Friday. You have way to much faith it this stock
Yep. I am new deep in poop know
Not looking good.
Does this mean it is time to bail?
Are you kidding me every time this thing gets ahead someone dumps.
As we noted earlier, today's Twitter IPO, while pricing without the Facebook associated histrionics or crashing the NASDAQ, has had an impact on markets. A rather profound impact it appears, because as the OTC BB site, the host of pink sheet, OTC and Bulletin Board stocks just reported, the entire OTC market has been shut down by Finra.
From OTCBB:
Market Wide Quotation and Trading Halt for All OTC Equity Securities
On Thursday, November 7, 2013, the Financial Industry Regulatory Authority, Inc. (“FINRA”) halted trading in all OTC Equity Securities pursuant to FINRA Rule 6440(a)(3). FINRA determined to impose a temporary halt because of a lack of current quotation information. Therefore, FINRA has determined that halting quoting and trading in all OTC Equity Securities is appropriate to protect investors and ensure a fair and orderly marketplace. The trading and quotation halt began on Thursday, November 7, 2013, at 11:25:00 a.m. E.T. FINRA will notify the market when trading may resume.
Contact Information: Questions regarding this notice can be directed to: FINRA Operations at (866) 776-0800.
So to protect investors, Finra is shutting down the entire market. Let's hope this is not just a test of what is coming to far more liquid exchanges.
As to why the entire OTC BB market just break? Who knows, or cares. As long as the NYSE, and more importantly Twitter, is fine all is well.
What the hell is going on here? RS? I am so confused a stick that has been trading average 10M plus shares a day now 0?
I say the stock hits .0014 tomorrow
Yeah most stocks go up, but this one not likley it keeps going down.
Could this stock get any worse then what it is. We haven't seen any PR and Mr. Alvarez just keeps letting the stock go down.
well Why don't you just write Mr. Buffett a letter then.
Alverez said he won't do PR not untill the other companies outstanding shares are dumped
TTTTTTTTTTTTIIIIIIIIIIIIMMMMMMMMMMMMMMMMBBBBBEEERR !!!
They have to close those contracts though
As much as I would like to see VELA jump into pennyland. I just don't see it happening. I have a lot of share invested into this company, but I have see some really crazy thing that this company has pulled off. I wouldn't be shocked if they do another revese split and then stick us again. I have also personally chatted with Alverez and he doesn't see a need to promote, which is always scary.
Heck I am trying to get the stock to go up not crash and be investigated.
OK People if you are tired of this BS with this stock and you would like to see some action taken, I advise you to write to GAlvarez@velatel.com. I have spoken with him twice this week and he keeps saying that he won't do any PR because it will benefits those looking to dump the stock. I say it is now or never to get some life in this stock before it falls apart. I urge you to send an e-mail.
It looks like another Red Day for VELA. So much for that .10 stock huh? LOL
I reject your argument of me being schooled. Especially after talking with Mr. Alvarez, who clearly said he isn’t doing any PR till the convertible notes are done being converted. ETA 1 to 2 years. I would be shocked if this stock hits .03 anytime soon.
Consider yourself schooled.
I highly doubt it. I would say .03 cents if we are extremely lucky.
Just sent an e-mail to George Alvarez (CEO) about if we will be seeing any PR stuff soon. His response was "Not as long as the convertable note holders are still out there waiting to dump the stock". That means we will be here for a while.
Have you ever seen a promo for VELA? Excactly because most of them have seen this stock hit .10 and come right back down to this.
Not Likley. I say it may get to .02 if we are lucky. No promoter will touch this stock.
what is a big mistake
There has been a settlement with China Motion. Instead of going to arbitration they did a settlement. The contracts will be signed within a couple of days. They are not going to dilute the company anymore with stocks.
I am on right now. He is talking about going 4 LTE. Services in Asia have started. Looking good.