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dc, you know what I don't get? If JP had the ta on the phone for you, why didn't he just ask them for share count information instead of just asking if it had changed? I hope the two shareholders who are visiting tomorrow aren't shy about asking for numbers if the ta is called for their benefit.
jking, when was that? If I remember correctly, didn't he later state to someone else that he had been engaged (Feb 2, I think)?
Guys, it's all pretty simple: stocks cannot trade on the OTC unless they have filed with the SEC. At this time, nothing has been filed by ckys.
"I can assure you CyberKey's attorneys have advised them to not address the issue and potentially irritate the SEC any further."
You can correct me if I'm wrong, but since you are making an assurance, it sounds as if you are aware of what CKYS' attorneys have communicated to the company. Your statement has me concerned because it sounds like more than an opinion. I don't see how making fact-based statements, such as "We have provided a copy of the DHS contract to the SEC..." could possibly irritate the SEC. Or am I to assume that you believe the investigation has moved to areas other than those specifically mentioned in the notice? I mean it doesn't seem it would take more than two weeks to present proof of a contract (which would state the amount as well) to the SEC. Either they have one to show them or they don't.
That made me laugh. ADC was also a professional and reputable company when the ckys logo came down. I wonder if that opinion will change too. lol
Nice to see. Thanks, Brian.
Sorry, another question, Stogie: Was it a public company?
"The obvious reason would be to sell shares, PRs like that attract investors."
Yes, but look at the wording of other PRs. He's pretty careful. And he only PRed one big contract in a year! You would think that a conman would push the envelope after getting away with it once.
Yes, after the first mm is approved, others can piggyback.
I can't argue with you there. I'm resigned to waiting until next week.
You people are amazing. There are shareholders who want to share what they've learned, either from JP or BA, and some of you have already spun it or written it off as untrustworthy. To be honest, I wouldn't blame any of them for not sharing one word of what they've learned!
keepthfaith, let's not forget this post, which removes all doubt about what was meant by D-Day (note the date of the post).
Posted by: iceman1co
In reply to: Tonguehair who wrote msg# 4789 Date:2/5/2007 10:48:22 AM
Post #of 5625
Tongue D-DAY is HERE............................................
And it had nothing to do with me or anyone else here......Mr,Plant is the only reason things are the way they are...he controls these events.....he set the stage with false props and now they are falling down all around him..........
Any shareholder need only look one direction for what has happened today....and that is to mr.plant...he is the CEO..and is ultimatley responsible for what happens on his watch....
This should not have been a shock to anyone at anytime.....the DD was displayed for all to see......there was no mystery surrounding the RED FLAGS with the DHS PR'S...questions were asked and not answered by mr.plant...apparently that was not appropriate for the SEC...........
I guess the REMOVAL of the ESTIMATED share structure was not for a REVAMPING of the WEBSITE but for other purposes? Anyone still believe the O/S is 700 Million and the FLOAT is 200 Million?
In My Opinion of Course and CAUTION is Advised.........Always.....
http://www.investorshub.com/boards/read_msg.asp?message_id=16781114
Birds, thank you for that report... very nice of you to make the effort and share with the rest of us.
PCE, thank you!
Well, that's not what happened here. Neither of the visitors to the company are trying to be part of the "know boat". They were contest winners, and a trip to the company was part of the prize. The events surrounding their prize have been unfortunate.
I agree with that too (must be in an agreeable mood today. lol). I think dc is trying to be as responsible as possible under the circumstances... and that should be commended.
I agree. Anything that was shared with dcbass can also be shared with all shareholders. Conversely, anything attorneys are advising JP to stay quiet about would not have been shared with dc or 5cap.
No, I'm not the one who said realists. I was quoting someone else. And the question was a serious one: What does being realistic have to do with "resorting to pms"?
"The realists have had to resort to pms."
Why?
We disagree on this point. Unsolicited pinks and greys are worlds apart imo. Seeing quotes vs. not seeing them is as different as being a seeing person vs. being blind. SLJB traded from sub penny to around .20 as an unsolicited pink.
Thank you.
Goodnight! (love ya too. lol)
As objective as you'd like to believe you are, when you interpret the posting of previously unknown facts as pumping and state that people are saying it will continue to be listed when no one has said any such thing (and you're the only one who uses the word "listed" anyway, but I know what you mean nevertheless), then it's clear that you're not really all that objective.
Who said that it would?
Excuse me? Copying and pasting relevant information from pinksheets is pumping?
Pink sheets is a quotation service, and that's what we're talking about... whether or not quotes can be published after the suspension. Why am I always lost when having a discussion with you? lol
Geez, how many times are you going to make me read that? lol
This has to be the most encouraging piece of information I've come across. Contrary to what the "experts" are saying, a stock can trade on the pinks after a suspension, albeit it might be a rare event. Still, everyone was saying it absolutely has to go to the greys until a mm submits a Form 211. I accepted that, but now I'm glad I looked! I'm not saying CKYS will not open on the greys, but it's good to know there lies a possibility that it will not, regardless of how small that possibility is.
Thanks to matrix for bringing this to our attention!
serf, CKYS is not being delisted from an exchange since it wasn't trading on an exchange, so I was asking you a serious question: what are you referring to when you talk about being listed?
slorke, not according to the information I just posted. And the reason I looked it up was because matrix mentioned that some stocks have gone to unsolicited pinks after a suspension.
To be listed on what?
Um, serf, I read the whole thing before I posted it. lol How about this part: Publishing unsolicited quotes allows a broker/dealer to meet an exception to Rule 15c2-11, which requires a broker to have in its possession current information, including financial information, about the issuer of the securities .
I was forced to find my own answer since no one was willing to offer one. It seems stocks do not automatically have to go to the grey sheets after a suspension. According to pinksheets.com:
SEC Suspension
The SEC can suspend a stock from trading for up to ten trading days when it serves the public interest and will protect investors. The SEC will act when it believes public information about a company is not current, accurate, or adequate. For stocks that trade in the OTC or the over-the-counter market, quotation does not automatically resume when a suspension ends. (The OTC market includes the OTC Bulletin Board® and the Pink Sheets.) After a suspension, SEC regulations require a broker-dealer to review information about a company before publishing a proprietary quote. If a broker-dealer does not have confidence that a company's financial statements are current and accurate, especially in light of the questions raised by the SEC, then a broker-dealer may not publish a proprietary quote for the company's stock. However broker - dealers may publish quotes representing an unsolicited customer order.
Unsolicited Quote
An unsolicited quote is one which represents an "Unsolicited Customer Order". Publishing unsolicited quotes allows a broker/dealer to meet an exception to Rule 15c2-11, which requires a broker to have in its possession current information, including financial information, about the issuer of the securities . To avail itself of this exception to SEC Rule 15c2-11, an NASD member firm must ensure that the quotation published or submitted: (1) is solely on behalf of a customer; (2) represents the customer's indication of interest; and (3) does not involve the solicitation of the customer's interest.
midwest, JP has always maintained that the ta is not gagged, so I doubt he's going to change his tune on that. However, I don't see why someone from the company can't call the ta for an exact sharecount and make it known.
matrix, how is it that some stocks come out of suspension as unsolicited pinkies? Also, people make it sound like there has never been a stock in all of history that has ever made it back from the greys. I find that hard to believe. Do you know of any?
Oh, I'm pretty sure we're going to the greys, but will we get off them is the big question. That, of course, will depend on the outcome of the investigation and the filing of audited financials. Waiting is truly the hardest part! If only we knew, we'd know how to proceed.
matrix and cyber, thank you for your answers. Makes sense.
My guess would be that he wants to confirm that he understood some things correctly. You know how it is sometimes when you reflect on conversations, especially lengthy or important ones. And I agree with you that only JP can satisfy our desire for facts. Unfortunately, that hasn't been forthcoming, so we look for clues from those who have spoken to him.
No, I don't believe in reinventing the wheel. I just figured with all these knowledgable people on the board, one of them would have the answer... and I was right.