yeah, FINRA was pretty consistent on 8-10 weeks for pinkies for a long time. then they got worse! 10-12 weeks.

you'd think after 3 yrs they'd get better, not worse.

etrade doesn't pass the charge on to you, YET

I don't think scotty does either

TDA does!!!!

I know, board approved this split on 2/9. IF they notified FINRA on 2/9, figure 2-3 months for FINRA to approve it and set an ex-dividend date. it won't happen til sometime around about april or may. my guess. but, I could be wrong.

where they figuring on going? NASD - $4 to get there, $1 to stay there. I think AMEX is $3 to get there, $1 to stay there

this 1-500 rs not gonna help much either way with a .20 split price

MBST 1-500 RS tomorrow 3/2

http://www.otcbb.com/asp/dividend.asp?sym_id=MBST&dDate=3/2/2012&sDateType=ex_date

does it look like it split?

sure doesn't to me

won't be sooner, but can be later, seen the D on stocks for over 6 months

hope ya all know the D is on for at least 20 business days. that makes 3/19 the day it should come off. they've been going over that by 2-3 days lately.

you're right, D has nothing to do with when ya can trade it. depends on when ya get the new shares. differs with brokers.

whoa, carefull with etrade, they're good for giving you the shares and then taking them back next day.

what broker Jazz? if you don't mind

I didn't see it either till just now, yikes, that could kill the PPS

comes right out and tells ya he's gonna dilute

from yesterdays 8K, they used up the AS, thats why the RS. and it sounds like there's gonna be some dilution coming. gonna have a little over 249 mil to dump now. thats not good.

Pursuant to the reverse split of its common stock being on the FINRA Daily List yesterday, the 1 for 300 capital restructuring of Transfer Technology International Corp.‘s (the “Issuer”) common stock is effective today. The restructuring was necessary for the Issuer to position itself to make needed legal settlements, consolidate debts and have any opportunity to raise needed capital. Prior to the reverse split, the Issuer had 249,963,747 of its 250,000,000 authorized common shares issued and outstanding. During the restructuring phase, the Issuer engaged on a non-exclusive basis, an Atlanta based investment bank, Street Capital, to assist in the areas of legal judgments and settlements, debt consolidation and corporate finance. The Issuer believes Street capital can assist in its efforts to achieve necessary financial needs. Assuming the Issuer is successful in meeting its financial needs, the goals of the board of directors and management are as follows:

Does the record date really matter?

NO

don't dought that one bit, usually how they go, you could count on it. last month or 2 a few of these RS have gone up and stayed up, unbelievable. what happens here? who knows.

that's 1-20,000 rs in 8 months, any body left

saw that, geez, another one

as a plus, onfid did a 1-10,000 RS on 2/17. TDA had shares late yesterday 2/28, 11 days. maybe they are getting quicker at getting them out.

cool, hang onto that broker!

ok, thx, I will add that to the list.lol

alpine, a clearing firm, BUT also a broker??

well, I've got a list of brokers that front shares still, they're the only ones getting em early. everyone else waits weeks.

what broker?, if ya don't mind

used to be 2-5 days to get shares, not any more. but, the hell of it is, there's been 4 RS that I've seen recently that have turned into 8-10 baggers from split price, which in the past was un heard of.

thinking its because most peop don't have shares and the float is tiny, any buying and they go up and some of them are staying up.vaevd,afse,jzzi,clkzd

who knows if that happens here.

any pre-split VAEV shareholders get post-split VAEVD shares yet?

I would say weeks(2-6), with the norm these days being 5 1/2, before most pre-split owners see split shares.

ok, so FINRA has been notified, thats a good sign. any idea when?

did ya happen to ask if FINRA had been notified yet about this split? the company doesn't set the paydate. FINRA sets the exdate, the paydate is the day before the exdate, in this case.

been taking FINRA 2-3 months to approve splits and set exdate for pinkies

I didn't listen to the whole thing yet, but wondering the same, all I heard was "record date, 2/29"

OK, what ever you say.

OS is the "float" plus "restricted shares", he wants to sell them restricted shares the restriction will have to come off.

and if he does, if they're his to sell, its not gonna change the OS, once the OS matches the AS ya gotta do something, RS or increase the AS, looks like they like to RS.

NO! OS 240 mil, they got 10 mil left!

and if that was aug/11, what's the OS now?

I'd say they used it up, and thats why the split.

from the ibox, AS is 250 mil, OS is 231 mil. and thats from july/11.
could be maxed out now.

TTIN, 1-300 rs tomorrow 2/28

13:17 2/28/2012 TTIN Transfer Technology International Corp Common Stock TTIND Transfer Technology International Corp. NEW Common Stock 1-300 R/S **

http://www.otcbb.com/asp/dailylist_detail.asp?d=02/27/2012&mkt_ctg=ALL

stock doesn't split on the "record date" you need an "ex-dividend date". company sets the record date, FINRA approves the split and sets the ex-dividend date. so far all you've got is a date of record from a PR and a company telling you, you have to own it at the close on 2/29 to get the split. meaningless.

I emailed them last week asking if FINRA had been notified of the split. got no response. wondering since this is their first split if they even know what they have to do.

a stock is said to trade "cum-dividend"(with the divy attached) once it is announced. it will trade that way between the rec date and xdate.

you buy it on 2/29 and hold it through the xdate you will get the split.

you sell it, between those dates,you are also selling your right to the divy away

you buy it, between those dates,you are also buying the right to the divy.

might be something to ask them during this interview

at this point we don't know what the ex-dividend date is!

TDA 1.01 x 201, it started out at .55 x 2000,lol

boy, they sure proud of this baby, huh

looky there, got a b/a, whose buying?lol

sec suspensions go grey, thats what this is.

thx, yeah, I've seen plenty of greys trade, even after suspensions. was suprized when I couldn't put in a sell order. there may be something else going on, DTC eligibility issue maybe. I'll call tda and see what they say, or better yet, e-mail em,lol, get in writing.

yeah, I know, hate talking to them bank tellers. got a couple supervisors no.

ah, ok, gotcha, call in only. but normally they will say that, and they didn't. thx, I'll give that a try.