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Should hear something from Acropolis in November with update status in Nevada Court on LLBO Custodianship. Hopefully Good News.
21T, I tried opening an acct. with a Canadian Broker(Questrade), Most are refusing anyone from US.
21T, I tried opening an acct. with a Canadian Broker, Most are refusing anyone from US.
Arnie, This whole situation is unfair. The SEC allowed this to go on for years, then decides to Cut all noncurrents off all at once. Couldn't they have sent warning letters or emails to each company and work with them to get current. SEC acts like they just noticed noncurrents and shut them down. The Brokers(TDAmeritrade,ETRADE) are just as bad if not worse , implementing Restrictions almost a month before. Any thoughts?
21T, How is that possible, SEC has shut down Buying of Non Currents in US with American Brokers.
Hearing from AriGoldz seems like a distant memory. Maybe he knows something about Acropolis Court Hearing in November.
That means someone had to sell at .0005 also. Crazy.
Looks like old days (.0005)PPS. What a deal someone is getting at that price.
Sounds like middle of November. Maybe Acropolis will have some answers for everyone.
Isn't there a followup court hearing in Nevada on status of Custodianships with Acropolis. Will Judge ask Acropolis if Shareholders Value is being taken care of. Don't they have to have answers for the Judge?
Arn, We have to HOPE for The Best Case Scenerio, because if wrong Merger Company takes over , they will use LLBO for their own Fundraising. I will be in this till end(since 2008), but there are so many things up in the air right now. I have a couple questions, Why does Acropolis only TWEET? What happened to having News Releases? Seems Odd.
Arn, Shareholder Benefits will be good, but will merged company continue LLBO's goal to bring ITBra/CBM to market. Seems like too many Cooks in the Kitchen.
I did ask that Arnie, But it still seams like the Company merging with LLBO would be using them for their own gain. Then it says sometimes Shareholders don't get their original investment back. Hope you are right.
Arnie , Google says a Shell Company is a corporation without active business operations or significant assets. Private companies use Publicly traded shell companies to raise money for themselves, not for the shell company. I'm curious, How does that help LLBO with what they are trying to achieve?
Arn, Just seems like the whole idea of Breast Cancer Detection is being Lost in this whole Process. They keep saying LLBO is an Empty Shell. What about FDA and testing at El Camino. Aren't you worried at all with all this going on.
Just a thought, but 5.8 Billion outstanding shares can't be ignored. That is a lot of shares as I have said. Worth keeping an Eye on.
If one of the Irons is R/S(Reverse Split), that will be a mess. Seldom they work.
Only problem besides all that is can ASTA sustain a good PPS with 5.8 Billion Shares Outstanding. That's a lot of Shares and may hold down Prices for it.
If OTC goes by when Forms are submitted, ASTA may be one of the last companies made Current. ASTA filed 1-2 days before Deadline. Not Good.
That's fine Arn, but TDAmeritrade made it seem like after Sept.28 we wouldn't be able to Sell. I believe that led to SELLOFFS(Panic) in Markets 25 Days before SEC DEADLINE. PPS for most penny stocks would not have plummeted as badly as they did from 9/3/21 to 9/28/21.
Arnie, If everyone can only sell in US after Sept. 28 deadline, Why did Most Brokers(TDAmeritrade,ETRADE) start Sept. 3 with restriction(they basicly started deadline early.) They drove down prices even more by doing that. They said they were helping investors. HOW?
He talks like ASTA is Only company submitting Financials, There are Thousands of Companies. Maybe he thought OTC would do it in Alphabetical Order!
That's good Asta has submitted, Only problem is as I have said, OTC has Thousands of companies to go through with the same story as ASTA. Some gave Financials 3 months before deadline and still waiting, ASTA gave financials 1-2 days before. What a nitemare.
Some are saying it could take till after XMAS or New Year to get all Companies Current. Some may need Audits and that's another 6 weeks on top. Bad times for Penny Stocks. Companies have Zero Control, and are at mercy of OTC.
Just looked it up, Audits of Public Companies usually take 3-6 weeks depending on Size of Company. Already 3 weeks now for LLBO, so hopefully Soon.
Investors tend to Panic when PPS Plummets and see their accounts diminish. Especially when there is limited buying.
Doesn't OTC in 2019, report results to SEC when LLBO became Pink Current on 8/13/19.
You can sell in US also, you just can't buy in US. MM's control your selling price., it's the selling that is bringing PPS down to .0030's. Hope Panic doesn't set in.
That's what I am saying, LLBO's Audit should be completed if it as empty as you say, I just think Cyrcadia ownership is throwing wrench into this. We shall find out as you say.
Just Googled this--- Is LLBO associated with CyrcadiaHealth? this was the answer---Cyrcadia is a Privately owned company, based in Reno, NV. Cyrcadia has achieved 3 Patents through Lifeline Biotechnologies(LLBO), which is a publicly traded company that owns 30% of Cyrcadia. When did all this change? >>>It does not say 30% of Cyrcadia stock only, it says 30% of Cyrcadia.
Audit began about 3 weeks ago. Company(LLBO) this size can't have much to Audit. What is normal timeline for Audit? Anyone know? >>>>>Maybe because Cyrcadia is basicly Attached to LLBO as a spinoff Company may slow Audit down. Just Guessing.
MM's have walked PPS down from .0025 all week each day .0025,.0020,.0015,.0010(Mom.-Thurs.) >>>>>Possible .0005-.0010 tomorrow? How Convenient.
Only purchase today >>>>5000@ .0010= $5.00. What would be the reasoning for that? Sounds like MM's want a LOW Launch Point when LLBO gets current Maybe.
GetSer, But which avenue is Acropolis taking, SEC or OTCIQ, or are they doing both to get LLBO Current(whichever is first to act)?
Today makes 3 weeks for LLBO on the Dark Side. Hopefully good things happen soon.
Thanks Get, So is Acropolis trying to get LLBO Current through SEC or OTCIQ or does it matter? I believe SEC way is more expensive.
Wonder how many more Days or Weeks LLBO is going to take to become CURRENT. Frustrating!
B, Just seems like when non currents become current no matter what the Shares outstanding are, the PPS is Flying up very quickly like everyone is trying to Buy in.
Symbol FRMA became Pink Current overnite. It closed at .0011 yesterday and opened at .05 today, reaching .11 then retreating back down. LLBO will rocket up also when becoming Current. Everyone has to pay attention, LLBO could be a Life Changer!
Only out of country Brokers can trade.. And Quest Trade(Canada) won't take U.S. new Accts. Most are stuck just selling at random PPS. No Buying. ASTA may have to go through SEC because OTC is not allowing some Financials because they are scrutinizing everything.