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you're welcome...anytime
I don't email the FOX...I witnessed the trial period in a certain demographic ...what demographic you might ask ..do your own DD
now that's conjecture ...a conclusion deduced by surmise or guesswork
now that's an opinion... here's what i suggest ..email one of your favorite emails to CIRC and ask for a list of all the consumer tests done on the product out in the convenience field then get back to everyone on the board with YOUR facts
it appears ready to trade; hope all brokerages recvd their new certs otherwise you'll be left out
It wasn't opinion....
you over state the outcome ...fact is I've seen the product in a few convenience outlet consumer tests and it didn't sell squat; outdone by the likes of Monster Red Bull and SOBE adrenaline rush ..it's a novelty at best
Contract Use of Intellectual Property is almost never in perpetuity...Court rulings regarding TRADEMARK INJUNCTIONS usually stipulate /allow use of an Intellectual Property for the life of the contract pending the decision / outcome of any contract dispute
we knew ....not bad at all
Reasons for Authorizing the Directors to Effectuate a Stock Split or Reverse Stock Split without Stockholder Approval
The board of directors believes that an amendment to our articles of incorporation authorizing our board of directors to effectuate a stock split or reverse stock split without stockholder approval will provide flexibility for both our management and business. The proposed amendment to the articles of incorporation would allow us to implement a stock split or reverse stock split of any class or series of our capital stock without correspondingly increasing or decreasing the number of authorized shares of the same class or series by means of a resolution adopted by its board of directors without obtaining the approval of the stockholders or the approval of the holders of shares of the affected class or series. Authorization of a stock split or reverse stock split without correspondingly increasing or decreasing the number of authorized shares of the same class or series without stockholder approval is important to us, inasmuch as we will be able to change our outstanding capital stock to more efficiently meet our future needs. Presently, we need to go to the time and expense of having a stockholder’s meeting or to have the stockholders with a majority of voting power act by written consent in order to effectuate a stock split or reverse stock split without correspondingly increasing or decreasing the number of authorized shares of the same class or series, which includes the time and expense of filing and distributing proxy or information materials in compliance with the rules and regulations of the SEC under Section 14 of the Securities Exchange Act of 1934, as amended. We seek be able to quickly deal with situations calling for us to modify our capital structure, such as equity financings, convertible debt financings, certain types of mergers and acquisitions, adoption of employee benefit and equity compensation plans, reorganizations (whether pursuant to bankruptcy laws or otherwise), recapitalizations, and if Mass Hysteria’s common stock trades at a value below par value. Although our management considers it likely that Mass Hysteria will authorize a reverse stock split in the future, we do not have current plans to implement any stock split.
Nevada Law
Under Nevada law, the articles of incorporation of a Nevada corporation may contain a provision that allows the corporation’s board of directors to effectuate a stock split or reverse stock split without correspondingly increasing or decreasing the number of authorized shares of the same class or series without obtaining the approval of the stockholders or the approval of the holders of shares of the affected class or series.
Nevada Revised Statutes Section 78.037, which governs what optional provisions may be contained in the articles of incorporation for a Nevada corporation, states the following:
“The articles of incorporation may also contain any provision, not contrary to the laws of this State:
1. For the management of the business and for the conduct of the affairs of the corporation;
2. Creating, defining, limiting or regulating the powers of the corporation or the rights, powers or duties of the directors, the officers or the stockholders, or any class of the stockholders, or the holders of bonds or other obligations of the corporation; or
3. Governing the distribution or division of the profits of the corporation.”
CEO Constantine Karayannopoulos bought $100,002 worth of Molycorp Inc. (MCP), buying 16,667 shares at a cost of $6.00 a piece. Before this latest buy, Karayannopoulos made one other purchase in the past year, buying $100,000 shares for a cost of $10.00 a piece
Everyone must still be in shock ...or in bed
Nice cushy letter to shareholders...but Plenty of money available for the right projects; and still no mention / explanation of the R/S; R/S announced after market closed [at midnight hour] w no warning to shareholders ...didn't someone assure there would be no R/S in the foreseeable future during a certain conference ...
Dreams of millions made by shareholders gone in a thousandth of a second ... just like that
just curious...what is A/S; and who holds preferred shares [unaffected] and what are their eventual conversion to common
NV incorporation in default
that's what they all say ...you can bet that those shareholders with brokerages that have recv'd their certificates will trade and most likely sell off while those who have shares held by brokerages that don't recv those certs today can only sit and watch - not able to do a thing GLTY
Curious for those interested …NV incorp status in DEFAULT
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=yAuRBU9FyxYEYXoQkprLKA%253d%253d&nt7=0
The following is a list of steps required to effect the reverse split.
5.Confirm state of incorporation, the par value and the shares authorized after the split to Transfer Agent.
10.File amendment to Certificate of Incorporation with the respective State on ------- (Date)
...but don't worry; they still have that beta ap on the horizon
i'm a baaaaad boy
For a reverse split to occur, a Company’s legal Counsel needs the following:
1.A corporate resolution authorizing the reverse stock split and the terms.
2.The completion of the 2 page verification form (see attachment).
3.A copy of the CUSIP number (note your legal counsel will need Points 1, 2 and 5 before they can apply)
4.The completion of a letter for NASD stating the terms of the split and
5.Confirmation of the State of Incorporation, the par value and the shares authorized after the split.
General Note: Upon receiving the above, a Company’s Legal Counsel then will notify the NASD / FINRA / NASDAQ of the reverse split with the TA Verification Resolution. They request (note this is not a requirement at this time just a request) for 10 business days notice of any corporate action before this takes effect but often this can do this within a week if you prefer.
The following is a list of steps required to effect the reverse split. Most of these steps will be effected by your Legal Counsel and will not require the Company’s involvement. There are a few forms that Legal Counsel will be forwarding to the Company for execution.
1.Obtain new CUSIP number.
2.Deliver corporate resolution authorizing the reverse stock split and the terms to Transfer Agent.
3.The completion of the Transfer Agent Verification Form.
4.Deliver new CUSIP number to Transfer Agent.
5.Confirm state of incorporation, the par value and the shares authorized after the split to Transfer Agent.
6.Deliver Transfer Agent Verification Form to OTCBB.
7.Deliver old and new CUSIP number to OTCBB.
8.Obtain new symbol from OTCBB.
9.Effect split on - - -- (Date) 2008. To confirm with OTCBB whether trading must halt.
10.File amendment to Certificate of Incorporation with the respective State on ------- (Date) 2008 and
11.Deliver instruction letter to Transfer Agent regarding issuance of shares.
FINRA Rules For Corporate Actions
Effective September 27, 2010, the SEC has approved new FINRA Rule 6490 (Processing of Company Related Actions). Rule 6490 requires that corporations whose securities are trading on the over the counter market (OTCQX, OTCQB, OTCBB or PinkSheets) timely notify FINRA of certain corporate actions, such as dividends, forward or reverse splits, rights or subscription offerings, and name changes. The Rule grants FINRA discretionary power when processing documents related to the announcements, and implements fees for these services.
FINRA and the OTCBB
FINRA (the Financial Industry National Regulatory Authority) operates the OTC Bulletin Board and processes corporate actions for changes such as splits and name changes. FINRA also issues trading symbols to over the counter (non-exchange) traded issuers and maintains a symbols database for issuers. When processing by FINRA of a corporate action is complete, FINRA notifies the OTC marketplace of such changes and actions, such as repricing securities following a forward or reverse split, or issuing a new trading symbol following a name change or merger.
Historically, FINRA’s role has been largely ministerial with limited jurisdiction to impose informational or other requirements, and no power to reject requested changes. However, the SEC began to express concern that certain parties were using FINRA to assist in fraudulent activities, such as usurping the corporate identity of publicly traded entities by either reinstating an entity with no authority or creating new entities with the same name as the public entity. Accordingly, Rule 6490 was created.
=====================
FINRA Rule, 6490, recently enacted in September 2010, requires issuers of equities and debt securities not listed on exchanges to provide timely notice to FINRA of certain corporate actions. These corporate actions include name changes, forward stock splits, reverse stock splits, distributions of cash or securities such as dividends, stock splits and other actions, and rights and subscription offerings. The new Rule codifies the Securities Exchange Act Rule 10b-17. The Rule requires issuers to complete and file a document with FINRA at least 10 business days prior to the record date of the corporate action. FINRA approval must be received prior to the corporate action becoming effective. In addition, FINRA may request additional documents, conduct detailed and selective reviews of the issuer submissions and cause the issuer to delay the announcement of its corporate action. A FINRA review will be triggered if any of the five factors set forth in Rule 6490 are thought to be present:
Enforcement of FINRA Rule 6490 has resulted in significant fees for issuers with securities traded on the OTC Markets, OTCQB, Pink Sheets and OTCBB. FINRA Rule 6490 requires issuers to provide notice to FINRA of certain company-related actions most of which are common in connection with companies who go public in reverse mergers with public shell companies. These actions include corporate name changes and other actions requiring amendments to the issuer's articles of incorporation, dividends and stock splits. Issuers who fail to provide the required notice to FINRA could be subject to a $5,000 fine.
FINRA's ability to charge issuers started in 2010. FINRA primarily oversees broker-dealer member firms, but it also performs certain functions for issuers of over-the-counter securities including those quoted on the OTC Markets OTCQB, Pink Sheets and OOTCBB.
Issuers may be subject to the jurisdiction of FINRA or SEC Rule 10b-17, which requires publicly traded companies to notify FINRA in advance of certain corporate actions including:
i) dividends or other distributions in cash or kind; ii) stock splits or reverse stock splits, dividends, or rights or other subscription offerings; iii) name change; iv) mergers, acquisitions, dissolutions or other company control transactions; and v) bankruptcy or liquidations.
Issuers with securities quoted on the OTCBB, OTC Markets OTCQB or Pink Sheets should determine whether FINRA notice is required before taking these corporate actions. Issuers that pay dividends must ensure notice is provided to FINRA at least 10 days before the dividend record date.
No formal announcement, no PR and in default on their NV incorp status ...what a RIP job lol
No announcement, no PR and in default on their NV incorp status ...what a RIP job lol
1:1000 R/S
http://www.otcbb.com/dailylist/txthistory/di01312013.txt
.10 - .20 / share tomorrow
you better hope announcement on the horizon otherwise timber
I'm sorry, I should have completed the thought ...impending availability to their clients
It will not be the 2012 financials ...but the conference call afterwards explaining 2013 that will determine the direction the stock takes IMO ... $6 is where I start to think longer term investment; mean time flip flip flip ... woo hoo I live for volatility
MCP today announced that it will release financial results for the fourth quarter and full year ended December 31, 2012, after the market closes on Thursday, February 28, 2013. Release of Molycorp's financial results will be followed by an investor conference call at 4:30 p.m. Eastern. Constantine Karayannopoulos, President and Chief Executive Officer, and Michael Doolan, Executive Vice President and Chief Financial Officer, will host the
call.
Welcome to the real world
A123 Systems, Inc. today announced that pursuant to the terms of the previously announced asset purchase agreements with Wanxiang America Corporation ("Wanxiang") and Navitas Systems LLC ("Navitas"), the company has completed the sale of substantially all of its assets in a transaction that was approved by the United States Bankruptcy Court for the District of Delaware. Substantially all of A123 Systems, Inc.'s non-government business assets have been acquired by A123 Systems, LLC, a newly formed, wholly owned subsidiary of Wanxiang, and the company's government business, including U.S. military contracts, has been acquired by Navitas through a separate asset purchase agreement.
Distributions to creditors on account of their claims against A123 Systems, Inc. will be made pursuant to a liquidating plan or other process, in either case under the supervision and with the approval of the Bankruptcy Court.
Additional information is available on A123's website at www.a123systems.com or by calling A123's Restructuring Hotline, toll-free in the U.S., at 1-800-224-7654. For calls originating outside the U.S., please dial +1 973-509-3190. Court documents and additional information can be found at a dedicated website administrated by the Company's Claims Agent, Logan & Company: www.loganandco.com.
yep, mostly dump volume
FBCD ....nothing but SuperTramp fans ...dreamer, nothing but a dreamer; or was that Aerosmith fans...Dream On
my reference is to the impending offering of $6
again with all the daily volume...ask defying gravity ..that's a pretty big rock hiding all those shares under there ; and it keeps getting bigger
I see the drop in confidence ...did I miss something? news? I'm always late for the party
certain traders will soon be able to get this stock for $6 and change and probably restrictions
When you piece it all together, a lot of effort is being made to mask the dumping and by who
i see the ask still defying gravity...again
If a person buys and sells the stock the same day, a short is automatically generated, since it takes 3 days for a buy to clear. This is why you see such high numbers on the daily short list but don't see it translated to the threshold lists that come out every couple of weeks.
More shares hiding under that rock...the ask volume is simply defying gravity with all this volume
More shares hiding under that rock...the ask volume is simply defying gravity
I owe you an apology; that rock TODAY was hiding 6M less volume than I thought
right right right sure sure sure...what ever makes you feel good...it will go to 2's when they need more help pushing and DUMPING at 1
wrong description ..the majority is not trading volume ...DUMP VOLUME
Doesn't anyone claiming the high praises of a run have $600 ...anyone? ...maybe if they un check that all or none box fbcd might move up
OKAAAAAAAAAAAAAAAAAAAAAAA
you better look under that rock ...I see another 50M
you've already burned up on the launch pad ... misfire