Chilling
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Going the wrong way here. Needs to turn around soon.
Looks like the greys can be manipulated easier than pinks.
Me and you both!
Old news, They said they were doing that.
lol, Wish it would hurry up. I need the cash!
Don't know about them but with TDA if i am not watching i don't know until i get an email the next day saying my trade went through. Or see the change in my acct. befor then.
hold above a penny!
Me too!
Nice action before filings and news!
Thank you for your consideration!
Not so sure it is all done just yet. We shall see.
Nothing on twitter yet or OTC. Maybe later today.
What a reminder of a bad investment. Would probably have enough left for toilet paper as well! lol
A lot of these guys are scared of total loss. Get out while you can mind set. They see the others in there acct. that are just numbers and dead money. I put a sell order in at .072 myself. If it goes it goes. If not then will ride this out for a while to see what happens.
Twitter has become an acceptable information news source for stocks but has a limited audience. If it is something big i would think they would go through a reputable news source. Not Ihub newswire! I have a Twitter account but pretty much just for stocks.
lol We will see. Been playing this since 2015.
Maybe some time before we hear anything from the company with all that is going on. If they did put out something then someone besides Art or Jim need to review it before it is released. They have enough problems as it is!
Somebody got lucky selling that .071. Unfortunately it wasn't me!
We could only hope!
Have you looked at there win loss record when it comes to suspensions and revocations and deregistered tickers? They usually hold all the cards!
There is no bid ask on they greys
lol A joke? Doesn't look like they a joking around with this. Without them the markets would be nothing but a den of thieves!
Had TDA since 2009 and with these grays which i had a couple go down to this market would only let me sell. Could not buy. Been a while and hope that has changed since then.
Only because the SEC is cracking down on penny stocks for scamming investors.
Until the sellers are done this will stay here or go lower. Wouldn't surprise me to see some trips before it's over and starts making it's way back up if it does.
Was it a market order? That would explain that.
They formula they are using was only approved for agricultural use. Not approved for killing corona virus. That is a huge problem!
Post a link!
Sounds like they have a lot more problems than thought.
Yes like after an r/s and you watch it crash before your eyes!
This will be ongoing for a while. ? By September 22, 2020, RBII shall file an opening brief, which is not
to exceed 8,000 words.
? By October 6, 2020, the Division shall file an answering brief, which
is not to exceed 8,000 words.
? By October 20, 2020, RBII may file an optional reply brief, which is
not to exceed 3,000 words.
Any evidentiary materials, such as supporting affidavits or declarations, shall be attached
to the briefs, which must contain specific citations to the evidence relied upon. Although
appropriately the subject of official notice,
7
the Commission also requests that the parties provide
a copy of any guidance document, policy statement, or other government record relied upon to
establish the requirements of any applicable legal regime. No briefs in addition to those
specified in this order may be filed without leave of the Commission.8
UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 89709 / August 28, 2020
Admin. Proc. File No. 3-19940
In the Matter of
RISING BIOSCIENCES, INC.
ORDER REQUESTING ADDITIONAL WRITTEN SUBMISSIONS
On August 25, 2020, the Commission issued an order pursuant to Section 12(k) of the
Securities Exchange Act of 1934 suspending trading in the securities of Rising Biosciences, Inc.
(“RBII”) (CUSIP No. 76761W108) for the period from 9:30 a.m. EDT on August 25, 2020,
through 11:59 p.m. EDT on September 8, 2020 (the “Trading Suspension Order”).1
The Trading
Suspension Order stated that it appeared to the Commission that a suspension of trading was
required due to “questions regarding the accuracy and adequacy of information in the
marketplace” about RBII.
2
The Trading Suspension Order further stated that the “questions
relate, in part, to statements in April 16, 2020 and July 17, 2020 press releases in which RBII
suggested that some of the products it claims to have launched in response to COVID-19,
including Oxithymol, the Oxi Thyme system, and/or their ingredients, are approved by the CDC
or registered with the EPA.”
3
The Commission was therefore “of the opinion that the public
interest and the protection of investors require a suspension of trading.”
4
On August 27, 2020, RBII filed a petition to terminate the trading suspension. In
accordance with Rule of Practice 550(b), additional written submissions are requested.
5
Accordingly, IT IS ORDERED that the parties file submissions as follows:
1 Rising Biosciences, Inc., Exchange Act Release No. 89646, 2020 WL 5038565 (Aug. 25,
2020).
2
Id. at *1.
3
Id.
4
Id.
5
17 C.F.R. § 201.550(b).
2
? By September 8, 2020, the Division of Enforcement shall file all the
information that was before the Commission at the time of the Trading
Suspension Order’s issuance.
6
? By September 22, 2020, RBII shall file an opening brief, which is not
to exceed 8,000 words.
? By October 6, 2020, the Division shall file an answering brief, which
is not to exceed 8,000 words.
? By October 20, 2020, RBII may file an optional reply brief, which is
not to exceed 3,000 words.
Any evidentiary materials, such as supporting affidavits or declarations, shall be attached
to the briefs, which must contain specific citations to the evidence relied upon. Although
appropriately the subject of official notice,
7
the Commission also requests that the parties provide
a copy of any guidance document, policy statement, or other government record relied upon to
establish the requirements of any applicable legal regime. No briefs in addition to those
specified in this order may be filed without leave of the Commission.8
Pursuant to Rule of Practice 180(c), a party’s failure to file a brief or to comply with this
order may result in the Commission’s determination of the matter at issue against that party, a
finding of waiver, dismissal of the proceeding, or such other sanction as the Commission finds
appropriate.9
For the Commission, by the Office of the General Counsel, pursuant to delegated
authority.
Vanessa A. Countryman
Secretary
6
See 15 U.S.C. § 78l(k)(5). The Division need not disclose privileged legal analysis or
sensitive information about the staff’s investigative methods.
7
See Rule of Practice 323, 17 C.F.R. § 201.323.
8 The briefs shall conform to Rule of Practice 450(b)-(d), with respect to content and
length limitations, 17 C.F.R. § 201.450(b)-(d), except as modified in this order. Attention is also
called to Rules of Practice 150-153, 17 C.F.R. §§ 201.150-153, and the Commission’s March 18,
2020 order regarding the filing and service of papers in administrative proceedings. Pending
Administrative Proceedings, Exchange Act Release No. 88415, 2020 WL 1322001 (Mar. 18,
2020), https://www.sec.gov/litigation/opinions/2020/33-10767.pdf. We note that RBII has
agreed to waive paper service of all opinions and orders and accept service electronically.
9
17 C.F.R. § 201.180(c).
https://www.sec.gov/litigation/opinions/2020/34-89709.pdf
Only if the trading is based solely on this ihub board. But it isn’t. The traders from here are only a portion of the shares traded. The market will determine what the price is. Dilution would kill it. If note holders dump that could hurt it. How many traders her are actually honest about there trades. What they own?
This will be able to be traded on the 9th. Regular market on Tuesday.
Not yet. Give it a little while longer. Been here to long to leave now.
Yep and more need to do that. There is really nothing else to be said until then.
No need to at this point. Wait until the 8th or after it resumes trading! Some are going to sell at first trading day and some wont. Will be interesting to see how big of a sell off there is going to be. Think you will find alot that say they aren't will if it starts tanking on day one.
Do you think they would do another r/s? Would totally crush any credibility that remains if any is left imo. Need over a dollar now to break even on this.
Can't believe this scam bag is still listed.
Yeah, Money Tv is a joke!