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By: bol231230
06 Oct 2005, 02:39 PM EDT
Msg. 2449
Datatech is a woman because I use to date her.
http://ragingbull.lycos.com/mboard/boards.cgi?board=IDWS&read=2449
Market is open Wednesday. /eom/
Because they used a different criteria under Rule 12g-4:
By less than 500 persons, where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's three most recent fiscal years;
Ref: http://www.law.uc.edu/CCL/34ActRls/rule12g-4.html
Who knows whether they're counting stockholders of record or actual people. It should be the latter which includes those holding stock in street name.
Grrrr....are you trying to blow our chances at big bucks? lol
Shhhh, we're trying to keep the ingredients quiet until we get a patent filed and our pennystock public. :o)
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cc
I'm not familiar w/ online marketing for the car industry. If it's like the ones with which I am familiar, all this info can be made readily available for display on anyone's site thru a data feed. The net is littered w/ data feed sites.
An interesting exercise is go to a search engine and enter different terms you believe an average person, who has never heard of this company, would use to find a product advertised on 995's site. See how far down the results they are. Then, ask yourself would you page that far if you were in their shoes.
Incoming links to 995ad are pretty much a closed circuit from their own sites, their news releases, and a couple financial forums. These aren't going to reach average customers. They'll mostly come in thru search engines. That's why I suggest trying that exercise. It may open your eyes on where their current traffic is originating.
Some folks contacted listed dealers in their area and couldn't find any who actually placed ads on that site.
They should properly notify brokers considering Cede is listed on the TA's books as a stockholder of record. Those w/ street name stock fall under them.
Maybe we'll see Janet show up again.
Anyone who holds stock in street name could always file a lawsuit against the task force. They can also file a complaint w/ the Texas state bar against Frizzell and the California bar against Stoecklein. Who knows what they're doing here might be enough to lose their license.
Stocks and Other Securities
The sale of stock or other securities is not permitted on eBay.
Violations of this policy may result in a range of actions, including:
* Listing cancellation
* Limits on account privileges
* Account suspension
* Forfeit of eBay fees on cancelled listings
* Loss of PowerSeller status
Some Examples
Examples of items not allowed on eBay:
* All stocks, bonds, and investment interests in any entity or property, including but not limited to corporations or partnerships, other than the exceptions permitted below for cancelled certificates and single-share gifts.
* Credit (for example, you may not sell $1000 in credit to a buyer).
* Solicitations to invest money in any business venture.
* Any portion of an ongoing business.
* 100% of any ongoing business if the sale involves a transfer of any stock in that business.
* Documentation that represents proof of a current investment interest in any entity.
* Notes (except as specifically permitted under our Real Estate Rules).
Some business-related items are not "securities" and may be listed on eBay. Examples of items that can be sold:
* 100% of the assets of a business (inventory, lease, good will) where no transfer of stock is involved.
* Information about how to start a business.
* Any sale of inventory, leases, fixtures.
* "Turn key" businesses such as vending machines or windshield repair kits.
* Tools used for a business, such as silk screening machines or photo mug equipment.
* Websites or domain names.
* Old or collectible stock certificates, provided that such stock certificates are cancelled or represent an interest in an entity that no longer legally exists.
* Single-share stock certificates marketed for gift purposes rather than investment purposes, provided that the certificates are marked and advertised as non-transferable, the ownership is not transferred into the name of the purchaser, and the minimum sale price is more than twice the current exchange trading price of the underlying single share security.
Why does eBay have this policy?
The U.S. Securities and Exchange Commission regulates the sale of stocks and other security interests that represent a current investment ownership interest in an entity, and efforts by individuals to raise money or find investors for businesses. Such regulations place substantial restrictions on an individual's ability to sell such items on the Internet through eBay, and therefore eBay does not permit the sale of these items.
Ref: http://pages.ebay.com/help/policies/stocks.html
That's a different guy -- Patrick J Downs. Middle name for IDWD's Patty is Christopher.
http://www.seminolesheriff.org/drawRegistration.php?registration%5Brfn%5D=2613
Good post. Where would the money come from to sue anyone in court? They reported being broke and defaulted on their previous deals.
Did they get money or was it just stock? The shareholder list, which Pedro posted, showed they all received stock. Once things hit the fan, perhaps they couldn't sell what they still held. If I remember correctly, the list showed Connie didn't sell any of hers.
He may have given his and his family's CMKX stock to someone else. They're making up for it in the ETGMF's pp(s).
With this one, you get an actual diploma. Did you receive yours yet?
tavy, all private companies must follow state laws as well as federal securities laws. Who knows whether the SEC has any power to do something about the cert pull. We'll have to see.
Remember, CEDE is a legal stockholder of record listed on the TA's books. Vast majority of those who hold certs in street name fall under their certificate(s). IMO it's just another distraction to keep most people's attention away from where they don't want it.
Be careful in using Alexa as some sort of measuring stick. It's not a representative sample of those on the net or visiting a site. Alexa computes traffic rankings by analyzing usage only among their toolbar users. It only works in IE's browser.
Ranking increases when more toolbar users visit and decreases when less of them visit even if the overall traffic remains constant the entire time. One person can easily manipulate a site's ranking to be significantly higher than if he left it alone.
Problem is politicians like to get reelected. So, they have to keep lobbying groups happy. Business groups don't like federal government interference. The states may get upset too because they hate when anything is taken away from their control. Most issues which die in DC are usually due to political infighting not complexity.
Perhaps they're hoping CMKX investors will run up ETGMF's price just like they did for USCA and GEMM. A number of folks believed the shorts had to purchase the latter two divies in the open market to cover their huge open positions. The same idea could be recycled again for ETGMF.
According to Kennedy, the Jan pp stock will be coming off restriction in Dec. Perfect timing. If there's any price pop, Koch, Urbie's kids, Urbie's brother in law, Walker, etc can take advantage of it.
The SEC has no power to stop it. They could probably force advance disclosure to the public or get the system to change listing requirements so multiple-r/s offenders are kicked down a level. To stop it, IMO Bush and the Congress would need to take on this issue.
Reverse splits fall under state not federal law here. Thus, the SEC has no power in this area. Of the dozen or so states I've checked in the past, none of them had limitations on how many r/s a company can do.
Think of each state here as being an individual country which is free to make its own unique laws within its borders. When the federal government decides something needs to be standardized across all the states, they'll take control and govern it at the federal level. Unfortunately, they haven't done this for r/s.
Back in the 2003, the SEC filed a lawsuit against Pacel, their CEO, and some other outfits on different issues which do fall under federal law. http://www.sec.gov/litigation/complaints/comp18057.htm This case is still working its way thru the court system. Pacel may end up having their stock's registration eventually revoked, but it won't be over multiple r/s. Those are legal to do in their state of incorporation.
You can buy or sell the stock privately w/ someone else. It's against the law to make such solicitations to the public here because the stock is not registered and you aren't a licensed broker. When the company ceases to exist, IMO it should be okay to sell the certs as souvenirs. Before doing so, check w/ a licensed securities attorney.
True, but it'll be exchanged for stock which at least theoretically has value. That's a good question to ask a CPA.
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Yes, this applies for Nevada corps too. Winding down a company requires a shareholder vote in that state. It's a matter of exercising your right. I don't think too many folks are willing to stand up to do this.
Wonder whether Urbie and gang agreed to this method in order to really slow down the distribution or because they want a good sucker list.
Sorry, for the late response tavy. I had a few things to do in my real life.
To answer your question, I think this is an unnecessary expense being placed on shareholders to satisfy Frizzell's NSS obsession. Cede is listed on the TA's books and a bona fide stockholder of record. IMO there should be no need for beneficial holders (those w/ street name stock) to go thru these hoops. Obviously, Cede won't request the divy unless the task force properly notifies the system.
I recommend contacting Leslie Hakala next week and ask whether she can intervene on behalf of investors who hold stock in street name. I've seen the SEC step in on another stock which tried to pull a similar stunt. The feds made the insiders drop the idea. Not sure whether they have the same power to do this on a non-trading stock. It's worth asking.
What's up tavy? :o) /eom/
Yup, looks that way. It's located right in the heart of Pakistan's Silicon Valley. ;o)
Here are some other outfits located at the same address as IDS' supposed high-tech facility:
PAK HERO is a private limited company. Its factory is located at 10 km Raiwind Road, Lahore. Some of the important industrial units of Pakistan lie in this region, being declared as “Industrial Zone”. Factory of PAK HERO is spread over four and a half acres of land . The other unit of “PAK HERO is its warehouse and lies adjacent to the factory.
Factory has a capacity to produce 12,000 auto rickshaws, 45,000 motor cycles and 5,000 scooters per annum.
Some pix of the compound here: http://www.pakhero.com/main_factory.html
EMPLOYMENT INFORMATION
Employment Status: Full Time Employed
Designation: PRODUCTION ACCOUNTANT
Organization Name: EJAZ DYEING &FINISHING MILLS (PVT)LTD
Address: 10-KM RAIWIND ROAD LAHORE
Ph: 042-5321792
Email:
Ref: http://64.233.161.104/search?q=cache:x5EDhgy7gFEJ:www.pakstudents.com/index.php%3Fopenfilename%3Dinc...
Click4Customs (Pvt) Ltd (no longer exists)
Ids Complex 10-km Raiwind Road, Near Woodland Wild Life Park, Lahore,
75000
Tel: +92 (0)300 4809038
http://www.freight-index.com/country/Pakistan/107-10.htm
Ijaz Dyeing (10 K.M Raiwind Road Lahore)
Ø Piping Network
Ø Steel Structure[
Ref: http://72.14.207.104/search?q=cache:EdHYb5eJnugJ:aecrm.com/mproject.htm+%2210+Km%22+%22Raiwind+Road%...
NZ Drug Treatment Centres
10 Kms off Raiwind Road
Tel: (92-51) 5320440-1
Email: nzlhr1@hotmail.com
Ref: http://www.pcp.org.pk/certified_NPO/Nai_Zindagi/nz_operations.htm
Wonder what Edmunds would say if someone ever decided to forward a few of your posts from here and ask why they're associating w/ your company. Your behavior not only reflects very badly on IDS but also on their company.
In November 2004, the Company employed the services of James A Turner, a professional geologist and a NI 43-101 'qualified person' to prepare a NI 43-101 compliant report on the Black Warrior Project. This report may be accessed at www.sedar.com under the Company’s public documents dated February 18, 2005.
Ref: http://www.sec.gov/Archives/edgar/data/1239672/000106299305001601/form20fa.htm
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Too funny. /eom/
I contacted the NRCC and was told they keep their BAC membership info private. Selectees do not go through any competitive screening process or background check. Yes, they'll take convicted felons because they don't screen them out.
If you're a businessman or businesswoman, you can apply by filling out this form https://donations.nrcc.org/Default.aspx?tc=2005WEB and giving a contribution. Once they verify you're w/ some sort of company, they'll probably put you on the "council" too.
The shoe fits you, so wear it.
Thanks for the info you posted earlier today. Feel free to ignore M0NEYMADE. He's just one of Patty's paid non-disclosing promoters.
I want to see how the story ends. Kinda hard to finish my manuscript w/o it.
Your continued mental meltdown is pretty amusing. Other than you, I've only seen two here claim they visited the building not the office. Both said IDS was on a different floor. You're attacking them? Pretty dumb.
BTW, what are the addresses to the data center and facility in Pakistan? If you still can't find them after all this time, by all means get an eight year old to help you.
Tsk tsk...you're losing it Patty errr datatech. Now, you've resorted to attacking someone who was invested in this stock. For what you dubbed a "fringe internet stock message board site," you sure are overly obsessed in what is said here.
It's only a matter of time before you get the dreaded knock. Until it happens, the questions will continue. What are the addresses to the data center you've touted here and the facility in Pakistan?