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i have no doubt we're going up this week, but .06 ?! You sure you got the right chart? Might be a little too much...
for those who bought at .0004, unfortunately you probably bought some of HRHR shares...
Does anyone really think that those russian dudes in that video are running a 125 million dollar business, let alone have 4.5 billion in potential assets?
Cat, just wondering if you've heard anything about the financials or when they'll be released? I realize that revenues might not be through the roof, but just having some financials released would give us a boost.
stocksniper... i got out a while ago, but you're right, this is lookin good again... had no spare change this morning unfortunately...
LMAO...
so true... good luck to all as well...
how about all of the other symbols sandy has run into the ground and reverse split. you have to admit, based on the guys history, he's more interested in fund raising than shareholder value. at best i say this stock is good for a flip or two at this point, like maybe next week when he appears on traders nation. i know some people would like to ask him about a 504 and possible selling...
neal, loudness might be right... heavy dilution could be the reason for this price action, or lack thereof... and I don't want to hear about bashing, cause I'm in since last summer at .0012...
Transfer Online Article:
'Workhorses' Add Wrinkle to Stock Transfer Business
Robert Goldfield, Business Journal staff writer
Versed in technology that could improve their industry's traditional processes, Lori Livingston and David Lafayette established their own stock transfer agency in 1999.
Now employing eight people, their firm, Transfer Online, serves 165 clients and is on pace to generate revenue this year of $1 million. Along the way, Transfer Online is demonstrating that new approaches can work in the arcane world of stock transfers.
Unlike brokerage houses and investment banks, "we're not the glamour end of the industry, we're more the workhorses," said Livingston, Transfer Online's president and CEO and a 20-year veteran of the transfer agent business. "Transfer agents are like this weird stepchild to the financial industry, [a] record-keeping, old-school kind of business."
While some corporations administer stock transfers internally, Transfer Online states that about 85 percent of public companies, and many private companies, contract with an agent. The agents keep shareholder records and issue new certificates while also providing reports on those transactions. Transfer agents, which are regulated by the Securities & Exchange Commission, also distribute proxies, dividends and annual reports, along with company correspondence, to shareholders and brokers.
The industry has bifurcated into major providers--large commercial banks and trust companies--and small independents, Livingston said. The large providers deploy the latest technology, but focus on Fortune 500 companies. Smaller providers may lack the latest technical advances.
Independent transfer agents are computerized, but not necessarily in tune with the internet age, said Lafayette, chief technical officer. It's hard to blame the older ones that don't operate online: Converting large amounts of shareholder data to web-based systems would be an expensive and time-consuming operation.
Livingston and Lafayette previously worked in the Portland office of Oxford Transfer Registrar. By starting a new agency, they avoided the need to convert old data, and could simply input data into their new system as customers signed up.
"We started off fresh and developed all of our systems in-house to attack the problem the way we thought it should be attacked, to push the information out to our clients, the issuers, and their shareholders, online and in real time, any time they wanted," Lafayette said.
Compared to some other transfer agents around the country, Transfer Online offers a newer, more user friendly approach, said Dave Carlson, executive vice president for Portland-based Lacrosse Footwear, which became a Transfer Online customer nine months ago. The agency's use of the internet for delivering reports, as well as its prices, make for an attractive package, he said.
"Their approach seemed to me more one of allowing the information to be at your fingertips, a menu approach, versus one-size-fits-all."
Another client, Portland Brewing Co., illustrates some of the additional services Transfer Online brings to customers. Although privately held, the local brewery has some 5,700 shareholders, many of which buy and sell shares regularly. Transfer Online not only serves as Portland Brewing's transfer agent, but hosts an online trading board that allows those trades to take place quickly and efficiently.
Transfer Online's fees are substantially lower than those of other transfer agents Portland Brewing has used in the past, said the brewery's office manager, Jill James. The additional services, such as the trading site and the tabulation of votes at shareholder meetings also make them a valuable service provider, she said.
hey guys, just got in, what's the big news we're waiting for?
lol, flippers are never gone... probably coming back in though...
It's all good zilla... hey, who knows, rumor is that BKMP is to be featured on traders nation next week, and maybe we can get a run outta this sucker...
nice post... that would be incredible if they could perfect an online transfer system... that could become the new gold standard for pinkies...i'm sure they're looking at this long term and want a quick and painless way to transfer shares back and forth... perhaps they're setting up agreements with the major brokers... huge...
I'd like to know more about this plan of theirs... wondering if the TA would talk about this new program...
Did anyone call the TA and ask em about it...?
you sonovebich... it pains me to know you're right... you live you learn... someone will make out on TFN success... perhaps not me...
Are we still thinking there's going to be a short cover here?? Not sure, I've kinda wrote my HVLN shares off, even though it kills me to do it. just frustrated here...
Can anyone recommend a good Penson broker that I can fund an IRA with... I know OCSecurities is ok, but just wondering if anyone has tried anything there really happy with. Any Zecco fans out there? TIA...
sure, i'll take a look lowman...
a little late to the party, but this Rule 504... is the consensus that they're done selling, ala ETIM? Are we expecting a PR to that effect? TIA...
that's what I'm saying... how on earth do they justify restricting this at this point in time? even scottrade unrestricts after a couple days... this seems to have been restricted for a week or two? is that right?
i got a little at .0045... looking for a quick flip... maybe i can sell at .0055 tomorrow.... quick 20%... all this thing is good for imo...
Cat, by any chance have you let management know their stock is being restricted? There is absolutely no reason for this to still be restricted... Makes absolutely no sense as volume has dried up and there is no "abnormal" buying patterns. Just wondering because you seem to email them occasionally...
Does anyone email the company or have any correspondence with the them? Seems like there's much more they could be doing to keep the share price from tanking.
is anyone trying to get filled? possible no one hittin the ask...
Anyone filling 23's... i gotta few...
abby, but when you change those GTC orders, I believe scottrade still gives you the restricted notice, no? at least that's what i seem to remember.
legalegaltx, i checked out UMCC after looking at your posts. I'm a little new to RM's, but wondering if you had any insight into what this "UMCC Reinstatment / Resident Agent" change signifies? Does it signal a RM, or a renewed interest in the business?
TIA
I bust a gut guffawin every day fo 10 mins straight readin how mizzed out on a nuther runner, chump! Hows dat YHOO workin fo ya? Nuther 0.64% for ya, congrats charley! See ya at a buck, chester...
perhaps you guys, but i think that a nice flag has formed in an upward trend, and next week this thing goes boom regardless of when the PR's come out.
Frankiy, although I agree with you, I wonder whether or not they cater to traders... I wonder if they're reading this saying... fill the gap, what's this guy talkin about?
forgive my ignorance, but can you fill me in on the reason we think there's a massive short here... i'm playing this purely with the charts and it being a solid company.
me too, 29's and 23's that is... first time in this, but the company looks solid... cool website.
Looks like we have to bust through that dern 100 MA. Will be buying more if we drop below 23 tomorrow, but countin on a big green candle...
Ok, you first... lol
Jim, saw this post, just wondering if you think DEXTQ has another run in her... tia
Ditto... i think that those who are stuck will have plenty of chances to get out of this in the next week or so... also plenty of trading opportunities
Sounds like the DTC is trying to protect their cronies with that alert. "Pssst... quit playing grab ass in the high grass and restrict trading immediately if you don't want to get caught with a big PPS in your shorts..."
SEC is like the big brother who likes to point and laugh but is not going to necessarily put the brokers out of their misery.
No idea... but this might help you
http://www.dtcc.com/ProductsAndServices/asset/custody.htm
Yes interview tomorrow... should be great. Darrell sounds like a smooth talker, so I'm sure he will assuage our fears. Especially if there's talk of a RM... one hint of an upcoming RM, and BOOM!!! ... hits the message boards and we have ourselves a MOASS.. and everyone gets along like nothing ever happened!!! BFF!!!