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just relaying the poist explaining people had to buy back MCII - this whole thing turning into a big mess
Still never got my shares - reverted to SWNEXZ - 500 shares
yup - nice dinner
nope in at .12 out .22 30 second trade
MCII MOASS coming - covering begins for those who sold
I just did flip it - nearly doubled my money in 30 seconds - good for a 1 minute trader
we'll splt em up Art
IDVJ breaking out
nice
anyone here playing the ACTC bounce?
CNCM in recovery mode and bouncing
IRXI and the .20s have arrived :)
enjoy the day - we'll save the 15,000% runners for when you come back
TOFS oh yeah!!!
PURH - with all the subbers running, having a smaller OS/float works just fine - thats the magic ingredient
in some PURH Dreasm
IRXI .15s being bought - thin as Twiggy
yes - it's subber summer
DBYC going by the way .0004 x .0005
TOFS added today - looks like merger close
Welcome back Dream
IRXI yup looks like the .20s next week
schucks
you noticed huh
bought IRXI
is that Jim Cary in his new movie?
SCYA getting active - traders seem to be remembering that the lawsuit is settled and we are waiting on reverse merger
Excellent grabs and much better average for you now - we will make a killing on them
yes if APDR looked good at .21 it sure looks good down here for another biggie
they gave me 5100 APDR at .071 yesterday - most annoying
NITE was not reflecting bids so at least I got some
Well I donated the 50.00 to a worthy cause :)
weeeeeeeeeeeeeeeeeeeeeeeeeeee
hope I am not too late to put in my .40 close Richie
har
some dude in NJ accumulating TRDY :)
I hear ya
OK thanks for the clarification
NSHV MOASS perception
on the negative side saw it posted that the company may suspend trading per attorney but that may be a rumor also
not interested in another suspension
NSHV - they are protecting you from paying too much taxes - how special
NSHV oh my
squeeze em
NSHV guess we are squeeeeezing
love summer squeeeeezes
added some NSHV in case this news is right
Nashville Records, Inc. Announces Rescission of Private Offering
Nashville Records, Inc. (PINK SHEETS: NSHV) investor relations has recently received calls from investors regarding decline in share price and apparent shares sold onto the market. In response, the company has examined all possible selling sources and has identified a breach of contract regarding a previously arranged 504-D issuance of shares. All shares issued from this transaction have been recalled and “Stop Transfer” orders have been issued to the Company’s transfer agent.
While the shares were legitimately owned by the 504-D purchaser, they were never intended to become free trading and Nashville Records™ engaged attorneys to deem the entire contract null and void, and force the return of all shares back to the company. 504-D shares not yet sold into the market are to be returned immediately to the company treasury – all sold shares will have to be re-purchased on the open market and returned to the company treasury.
Between April 12, 2007 and May 1, 2007 the company entered the 504-D offering encompassing two issuances of shares and one transaction that had not resulted in funds being received by the Company.
Upon further review by the Company’s securities attorney, an opinion letter was issued and sent to the various parties involved, their legal counsels, and the brokers or market makers who seemed to be trading in the shares.
The offering itself, which was conducted as an exempt intra-state offering in the state of Minnesota, was credible and legally sufficient and was handled by specialized securities attorneys, but it was the opinion of Nashville Records and its securities counsel that the follow–up redistribution of the shares to holders in another State was an unregistered underwriting that not only violated the spirit of the exemption, but State and Federal Securities laws as well.
While the opinion of counsel letter is far too voluminous to publish via a press release, it can be viewed as text on the Company’s website, http://www.nashvillerecords.com.
A Minnesota securities attorney will be retained to seek a permanent injunction to halt trading of the tainted shares, possibly with the aid of the Minnesota Securities Department.
Although the company regrets this issuance, it is acting aggressively to find a swift resolution. It is important to company management that transparency with shareholders is maintained regarding evolutionary steps in our development. While the company was founded on expert talent from the music industry, the unique risks associated with being traded on the public market will be minimized in the future by engagement of legal and investment banking advise before actions of this nature are undertaken.
The company’s reaction to the contractual breach will eventually result in the forced buyback and return of 25,226,189 shares to the Company treasury. One purchaser in the 504-D offering has voluntarily returned 2,083,333 shares that have been cancelled. The Company assumes that a large portion of the remaining shares may have been sold into market.
Nashville Records, Inc.
David J. DiRicco, 877-995-0992