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Well without TM and CH, what do you have to fight with?
When we see a company that's being wrecked from within, or when we recognize a security that is absurdly over-valued, we short it. And then wait for the fundamentals to play themselves out.
morumbi sounds more legit than cefaco imo
http://www.marketwatch.com/story/morumbi-raises-proceeds-of-approximately-12-million-through-the-exercise-of-3-million-warrants-2012-04-23
What if we don't send them in?.
it's called PREM and it pertains to worthless securities
"Once six years have passed and the positions have been moved to DTC via its “position removal” or PREM function, the security is automatically placed on a list of issues that are eligible for destruction. This list is then distributed via an Important Notice to DTC participants, who have three months to review and determine if there is any reason for not destroying the listed certificates".
"It also allows firms to remove the position from their books and records as well as eliminate the security from the statements they send to their customers".
http://www.dtcc.com/news/newsletters/dtcc/2010/mar/saying_goodbye_certificates.php
Obviously you haven't been following Sturm all that much
roflmao....yes indeed there are "unimaginable...dens of thieves" your hero seems to have made the list.
http://www.bougainville-copper.eu/backdoor-players.html
I'm expecting a lively private market to open soon
or maybe the real owners made another deal...
The second MOU entered into by Morumbi’s Seven Sisters Mining & Development Ltd subsidiary is
with Baupana Resources Ltd (Landowner Company) covering the Atamo Prospect Area. The Mining &
Development agreement establishes Morumbi as the Development Partner of choice for Baunapa
Resources Ltd and covers an area of approximately 18,000 ha including the Atamo prospect identified by
Prospect Report as an "explosion caldera" that warranted further investigation. Some exploration work,
unauthorized by landowners, was carried out in Atamo prior to 1967 including some preliminary
http://webcache.googleusercontent.com/search?q=cache:iFt5tqJtjx4J:www.morumbi.ca/pdf/MOC%2520PR%2520New%2520MOU%2520Agreements%2520April%252016%25202012.pdf+Baupana+Resources+Ltd.&cd=1&hl=en&ct=clnk&gl=us
When the BCIT bus starts rolling
so sir thomas is the proud owner of two potential "no brainer" mega-million dollar holdings (cefaco & bcit) yet nobody seems interested in helping develop either of them. this smells bad.
lol...come on just give it a few more weeks. i'm pretty stoked about the scoop from ob.
ohbull2000 Member Profile ohbull2000
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Friday, April 13, 2012 7:02:40 PM
Re: janice shell post# 150717
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Post # of 150743
You are correct, Wharton calls it a WOBO list...
hey ya know what, to those interested, I got the BCIT 2008 NOBO used back when today from Broadridge; some interesting, confusing #s actually, I'm sure CH will find it of interest. Along those lines, expect a PR early next week.
Busy busy busy... Thomas Aquinas is heading off to the Solomons in the middle of the month, or there abouts, some kinda sit-down. And NO it's not with Mayen, if one notes the date, that is quite old; Mayen playin' I believe, but some will find some postability to it.
Anyways, BCIT Pushes On... with a NOBO or OBO or WOBO list
yeah man...i'd invest everything i have with one of his ventures. did he really graduate from wharton or is that just another megas legend?
They've lost...it's just damage control now.
Imagine how pissed off the American public will be when they realize the SEC is protecting fraud carried out by brokers?
i'm guessing the 500 share cert you sent to the brokers didn't get the desired effect? did they send them back?
this place has gone silent since this mornings press release!
The letter will provide a simple, inexpensive way for BCIT shareholders to provide proof of their BCIT holdings.
he has been virtually penniless ever since.
things seemed to have ebbed a bit here. those "few more weeks" directives wearing a little thin? oh yeah i forgot this one is a game changer...lol
Things change daily.
imo the crook part comes into play when regulators look at this situation and decide whether or not to correct it. imho that is why sytner is not an officer in bcit.
this isn't going anywhere. whether it was fair or not this stock is revoked. no one is going to lift a finger (not even a middle one) to address this because it can't be traded. the whole idea that regulators would see the error of their ways and lift the revocation, and global lock is fantasy. maybe if this calamity wasn't rooted in crooks and shady characters it could have gotten some traction.
I beg your pardon? The certs were cut with the brokerages' names on them.
this current production being presented by the ob players has taken so many turns (phases) i really can't blame anyone for being confused. imo this is just improvised crappola. why in the world would a legitimate "company" send free stock to a brokerage to prove they exist?
bottom line...bcit is revoked no matter how many times ch posts to the contrary, so all this cusip, nss, evil brokers diversion doesn't mean squat anyway.
CarltonH Member Profile CarltonH Member Level
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Friday, September 30, 2011 12:54:59 PM
Re: op9171787 post# 138447
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Post # of 149616
Apparently Schwarbs are between 60 to 80 million short.
They seem like decent people from what we gather and they and any other firm who wants to enter into meaningful negotiations to resolve this should contact us.
We must stress that our role here would be merely to verify they are who they say they are and to put them in touch with the appropriate officers of the company
you still say nothing is happening?
once proper arrangements have been finalized between the transfer agent for BCIT and the Depository Trust Company (DTCC)
Unless they buck up PDQ there could be grounds for passing these letters to Federal prosecutors.
if bcit ever does produce up dated filings, would they have to state what the money raised by the "legal fund" and the recent sale of stock was used for?
It boggles the transfer agent's mind, too!!
I said something big was going to happen this week
just curious, since you claim that filings are up to date and the sec won't cooperate, have you tried to approach the sfc again. up to date filings was their prerequisite for further help if i'm not mistaken.
i think phase 2 has to start or finish....is this phase 2 or is this still phase 1?
doesn't really matter. dialog is getting pretty thin, and sooner or later folks are going to realize that nothing has changed since you appeared. a few thousand additional posts, several insignificant anomalies in broker responses, and 44 people out some serious cash. this pos is never going to trade. maybe sir thomas can just send each s/h a few gold (pyrite) nuggets as a consolation prize.imo
figured that...eom
nah...ch claims that the dtcc has acknowledged empire as bcit's ta. that's what i'm asking about. i was under the impression that the dtcc will not speak to ch/bcit. if this has changed it would be a stunning turn of events (i'm sure that's not the case) imo.
CarltonH Member Profile CarltonH Member Level
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Monday, March 19, 2012 9:21:25 AM
Re: None
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Post # of 148106
DTCC show Empire Stock as the TA
none of these bodies have raised or registered any objections or opposition
DTCC show Empire Stock as the TA
great idea....lump bcit in with cmkx, that will give the sweet smell of legitimacy to your effort. not that pino and sytner being involved give you much of a chance anyway..lol