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150k @ .007
Just called the registering agent for QUTR, in Nevada, and found out that their corporate status has been revoked by the state. I'm wondering if this is why there is a DTC chill.
NEW PR OUT
It's hard to understand why the "PUMP" Cntoreport can't get the right name of the CEO.
If U R ask'g for my opinion, taking in the risk/award & the position the company is at this time, anything under 0.004 or lower. JMO
Geth7 - If U want to purchase QUTR stk, simply open an account with E-Trade Monday and get in at an undervalued SP. I have an account with both brokers. U can transfer funds from bank to Etrade same day & the funds R available for trading same day.
Has any one figured out why a annual report for CHESTNUT STREET EXCHANGE FUND was provided under NEWS for QUTR
Just check Quture website and the PR did mentioned Constellation Assets Advisors
InterSystem doesn't show Quture as a partner, wonder what is their actual status?
E Trade converted my shares over to QUTR, yesterday
Symbol change QUTR
After searching the InterSystem website, your obversely right. You put up the fees and your a partner. TCLN has 1 year to pull out and get a refund.
I'd call it a "back order"
From what I understand, Quture isn't a partner until they qualify with 5 hospitals. They are listed on InterSystem, at there Summit 2012 Pavilion.
http://www.intersystems.com/summit2012/pavilion.html
I did speak with Sodorff about the article you have concerns with. He felt the article missed stated, which should of made it more clear that this was a booked order worth $1mm. There was no financial transaction. Note the statement says "find".
10Q is up on EDGAR. Apparently, the merger didn't carry any value, relative to PPS. Will need to see a revenue stream, if PPS are to see an increased. Therefore, another 5 months before 10K. Let's hope for an 8K, with moving info or an aggressive marketing program.
Just confirmed what you said, once the symbol is changed through FINRA the Chill will be removed. Change should take place at any time. I'm considering a move to E Trade.
A DTC Chill are basically trading restrictions placed on a security by the DTC.
The majority of securities with a DTC Chill are microcap's. And, it's important to note that companies subjected to a Chill may have never violated the law. There only "crime" is that they are trade in a market that has historically been rampant with fraud.
Here's a great summary of why microcaps have a high probability of a Chill (directly from Chairman Schapiro):
“Microcaps and the OTC market present increased risks to investors that the SEC has a deep interest in monitoring. Indeed, the microcap market has been prone to fraud and manipulation, most often in the form of pump-and-dump schemes. These continuing incidents of fraud are detrimental to the market and investors, and are a serious concern which is, of course, why the SEC created the microcap fraud working group, to try to focus our efforts on combating microcap fraud and strengthening this marketplace.
I didn't realize each brokerage house had the option to trade a DTC chill assignment. If TD won't capitulate, I'll have to consider changing over to Scottrade. Thanks for the respond.
New to board and placed order to buy though TD Ameritrade, but was blocked due to DTC Chill placed on stock. Has anyone ran into this problem?
After reading the article your due diligence uncovered, I was mystified as you, relative to revenue and misstatement as to when the merger took place in 2011. I emailed CEO White for an explanation.
8-K OUT - MERGER AGREEMENT FINALIZED
On July 10, 2012, AWG International Water Corporation, formerly known as MIP Solutions, Inc., ("the Company") closed the Share Exchange Agreement with AWG International, Inc. ("AWG") and its fourteen (14) shareholders. The Company acquired 100% of the capital stock of AWG in exchange for 77,931,100 Company common shares. The common stock, when issued, will represent 67.38% of the Company's issued and outstanding capital stock. A copy of the Exchange Agreement is attached as Exhibit 2.1.
At closing, Jeffery Lamberson and Gary MacDonald, the Company's two officers and directors resigned, nominating the following individuals to succeed them in their director and executive officer positions: Keith White, Chairman of the Board of Directors, Chief Executive and Chief Technology Officer; Jeffrey Stockdale, member of the board of directors, President, and Chief Operating Officer; Jeff Mitchell, Secretary and Chief Financial Officer; and Robb Perkinson, member of the board of directors.
What I don't understand this statement made in the wire release: "Marine Exploration CEO Mark Goldberg says, "AWS, now our fully owned subsidiary, will be run by its current CEO Howard Ullman who holds the patents on the technology" We know that AWGI holds patents on the technology. But you are certainly right about the equipment being shown on both websites as identical. Also, there is a mention of a license in the PR.
What I don't understand this statement made in the wire release: "Marine Exploration CEO Mark Goldberg says, "AWS, now our fully owned subsidiary, will be run by its current CEO Howard Ullman who holds the patents on the technology" We know that AWGI holds patents on the technology. But you are certainly right about the equipment being shown on both websites as identical. Also, there is a mention of a license in the PR.
How do you make the connection that AWG is a distributor to AWGI? The wire release states the AWG has production of products based on their own patents.
O-hi......It's Chumash Indian
Happy 4th from Ojai, CA
The company is still a shell. All MSOL has done is to rename the company and changed the call letters. It will not truly become AWGI and new management takes over until a merger agreement is signed.
As for the stocked issued, it is restricted for 6 months, unless the shareholder can get a waiver. All stock issued by a private placement is restricted. Even insiders can't sell all of their stock. They are restricted to a % over an intervals and have to file an SEC filing.
I'll give it a try
'Doc K' I'm not sure why I need to check with IR, since they can't answer my questions, relative to a business development inquiry. In three days there must be someone that can answer a phone call.
Is this a scam or not? I've tried to reach the company by phone for three days and all departments including the operator isn't available. I have a legitimate business proposal and don't understand why any of my call back messages haven't been responded to or at less someone answer the phone. If any one on this board has inside influence, please ask your contact to return calls.
New to this board... Been trying to reach company by phone for two days and no one available on all departments including operator. Has any one been able to make a contact?
Since the merger took place in the 2nd qtr. the financial data might come out in the 10Q, which should be out in August.
Responds from Ihub administrator
I had to send the request to London. Warren, who usually makes the changes with problem boards, is on vacation.
Level 2 Ask Pena 0.21 Bid Nite 0.31
You would expect an 8K to be posted for the merger details. They are obligated to inform the public once the merger is in place.
I spoke with my contact (not an insider) and he indicated that a new management has take over. No names as of yet. He has been involved in selling units into West Africa.
By the way, I requested Ihub admin to update AWGI board.
Level 2
Bid 0.21 (Pena 40K) - Ask 0.30 (UBSS 5K)
Definitely need to get more eyes on AWGI. I plan on calling my contact to find out if management plans to pump the new merger.
Here's the response from admin. I didn't ask to have it changed back.
According to OTCBB.com. the information will be changing on 6/18/12. We make the changes when it's officially announced, but if you'd like, I'll change it back. Someone will have to remind me to change it again on Monday morning, though... and hopefully before the market opens.
http://www.otcbb.com/asp/dailylist_detail.asp?d=06/15/2012&mkt_ctg=OTCBB
Scroll to the bottom of that link to:
12:59 6/18/2012 MSOL MIPSolutions, Inc. Common Stock AWGI AWG International Water Corporation **
I did ask IHub administrator to check it out.
WHAT'S GOING ON WITH THIS BOARD. New board name and trade letters (AWGI), but wrong company.