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I have feeling Wild will take the cup...sorry Art.
America Jr...greatest country in the world?!...hahahaha...just kidding.
Goooooo MINNESOTA WILD!!!!!!!
oops, I misunderstood you. I thaught you were talking about BCIT.
According to SEC Lawyer, they have to allow buying and selling...I believe that is what I read on this board awhile ago. imo.
testing 1, 2, 3,...is this on?
May be everyone is freeing up some funds to buy BCIT when this starts trading. lol.
It is cool to watch.
OT... There is something that I haven't seeing since I have been in Minnesota...It is thunder and lighting while snowing right now(12-14in. of snow expected).
I believe he will be meeting Megas monday...am I correct? After he meets Megas, just maybe he will set higher bid then .15.
kattj, to your pm question, answer is yes.
Legacy is name of the MM which has 30 day monopoly on trading after DTCC release BCIT to trade. BCIT is not changing name...
Well, life goes on. Cold temp does not bother us...it's that damn windchill. It is like someone sticking you with million little needles. Ever heard of cabin fever...that happens a lot here...We are stuck inside most of the winter and get on eachother's nerve.
Anywhere must be better than where I am now...It is -11 temp with -31 degrees windchill in southern minnesota. I'm telling ya, mother nature is trying to kill me.
Your team have stolen my team's best D coach we have had in a while.
You are partly wrong. If you do not follow injunction, you are comptempt of court...
What is Contempt of Court?
Contempt of court is any willful disobedience, or disregard, of a court order or any misconduct in the presence of a court; any action that interferes with a judge's ability to administer justice or that insults the court. Contempt is punishable by fine or imprisonment or both.
What are the Consequences of Contempt of Court?
* Imprisonment (usually brief)
What Can You Do if You are Accused of Contempt of Court?
If you are accused of contempt of court you should speak to a criminal lawyer immediately to learn more about your rights, your defenses, and the complicated legal system.
Thing is Joda, It is court order to seize what dtc is doing to bcit. So, they have no choice. If they don't obey the court order, someone is going to jail. That is if injunction is realy being filed or has been filed.
By: OHBULL2000
20 Jan 2007, 12:56 PM EST Msg. 33726 of 33727
(Msg. is a reply to by None.)
ADD THIS COMMENTARY, FROM DEEP THROAT...
to that post:
"I don't know if this article has been posted before...but it needs posting...why? Because ALL our brokers know this...but think the dtc will save them in the end...stall them more...more....and more. For all BCIT shareholders today is the day to write your letters to your broker but don't ask a single question. Explain that you know the situation fully and that you expect them to comply as soon as able or face a SEC LOCKOUT. Tell the brokers no need to sue or arbitrate...your State will for you...then using Sarb OX all states must comply...bingo SEC LOCKOUT if they don't comply."
Highlite is mine... hope you read and understand this molson... you can still get nasty but nasty in a very professional way that any broker will understand!
A SEC Lockout means the broker can't trade ANYTHING until they comply!!
... hence... COMPLY OR DIE! he-he-he
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy)
per OHBULL2000 request...
By: OHBULL2000
20 Jan 2007, 12:46 PM EST Msg. 33725 of 33725
(Msg. is a reply to by None.)
SEC LOCKOUT...COMPLY OR DIE...
(how's that for dramatic, he-he-he)... Would someone please post this on the Hub, I'm out of posts for the day there.
NOW... with an injunction filed our dear dear brokers have no choice but to comply or our various states will get involved for us under the Sorbanes-Oxley Act. This will take some discussion to fully comprehend I know but this info was just provided by a fellow BCITer who will remain nameless unless he wants other wise.
Note the Fla. State actions, note the dealers who left the state, note that once one state acts ALL states are under this edict (if you will) and that the SEC is onboard with this... read and please post to the Hub, thx., more to follow:
South Florida Business Journal - February 16, 2004
http://southflorida.bizjournals.com/southflorida/stories/2004/02/16/story1.html
Securities act provision put to test in Florida
South Florida Business Journal - February 13, 2004by Jim Freer
The SEC has banned a Jupiter resident from the securities industry, marking its first use of a Sarbanes-Oxley Act provision designed to prevent fraudulent brokers and advisors from moving across state lines.
On Feb. 2, the SEC issued an order that permanently bars Rodney L. Hinkle from associating with any securities broker or dealer in the United States.
The SEC based its action on a July 2003 order by the Maryland Securities Division.
That agency barred Hinkle from the securities industry in Maryland after he did not contest its case based on allegations of securities fraud, including false representations in the sale of investment contracts.
The SEC acted under the historic 2002 law's Section 604, which permits it to use final orders from state securities regulators to issue national orders of suspensions and permanent bans.
Before Sarbanes-Oxley, the SEC needed to conduct its own investigation before beginning an administrative hearing against anyone who had been banned by a state regulator.
The Maryland and SEC actions are related to Hinkle's activities from an office in LaVale, Md.
In March 2002, Hinkle accepted a $2,000 fine from the Florida Department of Banking for selling unregistered securities in Florida.
Several attempts to reach Hinkle at a listed Florida phone number were unsuccessful.
The new Sarbanes-Oxley system should enable the agency to issue more national bans because it will take less time and money to follow up on state regulators' enforcement actions, said Ari Gabinet, district administrator for the SEC's Philadelphia office, whose territory includes Maryland.
Targeting 'state hoppers'
Primary targets are stock brokers who "state hop" after being barred by a state securities regulator, Gabinet said.
In those cases, brokers join brokerage firms or launch insurance agencies or other financial firms in other states.
Thus, state regulators are not always aware of actions by regulators in other areas of financial services in other states, said Carol Rosenblat, an attorney in the SEC's Philadelphia office who prepared its case against Hinkle.
Florida has been popular for "state hopping," even though "it is one of the most vigilant states in reviewing people for registration," said Nancy Van Sant, a partner in the Miami law firm Sacher, Zelman, Van Sant.
Florida's large number of wealthy residents and lack of state income tax is an attraction for financial advisors, including those with histories of fraud.
Some do not report past violations when they register in Florida and other states, said Van Sant, a former trial counsel for the SEC in Miami.
The Florida Office of Financial Regulation shares its data with other states' regulators, said Richard White, the agency's deputy director for securities and financial regulation.
But some states do not file reports on all financial advisors whom they discipline, he said.
During the state's 2003 fiscal year, ended June 30, the Office of Financial Regulation denied 34 applicants for stock broker and investment advisor licenses.
An additional 500 withdrew applications.
The majority of withdrawals were by applicants told by the Office of Financial Regulation that they probably would be rejected, for reasons including enforcement actions in other states, according to the agency.
The exact number of "suggested" withdrawals was not available.
White and David Nelson, Miami-based director for the SEC's Southeast regional office, expect there will be cases where Florida bars a person from its securities industry and the SEC's Miami office uses Sarbanes-Oxley to issue a national ban.
"If Florida securities regulators identify a case that meets the standards, we will pursue it," Nelson said. "But I cannot talk about any cases we might be working on, in that area or other areas."
The SEC's Miami office does not have readily available data on the number of national bans it has initiated in any recent year.
Nationally, the SEC issued 503 enforcement actions in fiscal 2000, 484 in fiscal 2001, 598 in fiscal 2002 and 679 in fiscal 2003.
Data on how many of those actions included a national ban were not available.
"With Section 604, the conduct has been addressed by a state, and the SEC can use it as a basis for more actions," Nelson said.
Past procedures inefficient
Beginning a separate investigation after a state has acted "is probably the least resource-efficient thing we do," he said.
The bottom line, Nelson said, is: "We don't want other states' problems coming to Florida, and we don't want problems in Florida making their way to other states."
The SEC chose Hinkle's case as its first under the Sarbanes-Oxley provision partly because "it appeared to us he was state hopping," the SEC's Gabinet said.
"We recognized that Congress gave the commission this authority and we wanted to find a way to use it, and for it to be an appropriate case," he said. "We did not want there to be any flaws."
Securities regulators in Florida, Maryland, California and Pennsylvania have issued cease and desist orders or taken other steps against Hinkle since 1999, according to documents provided by Florida and Maryland regulators.
The 2002 order was the only action Florida has taken against Hinkle, the Florida Office of Financial Regulation said.
Hinkle did not admit or deny the state's findings that in 1998 and 1999, he was not registered in Florida to sell securities and that securities he sold were not registered in Florida.
Florida's order said those securities, which Hinkle sold from an office in Florida, included units in World Cash Providers and Hotel Connect. The two companies were among those the Maryland Securities Division mentioned in its order.
Hinkle does not hold any Florida securities licenses, the Office of Financial Regulation records show.
In addition to state licenses, securities brokers must obtain licenses from the National Association of Securities Dealers.
Licenses immediately pulled
Individuals banned from the industry by the SEC automatically lose their NASD licenses, said Nancy Condon, Washington, D.C.-based spokeswoman for the industry-run regulatory organization.
Maryland's allegations against Hinkle include using an office in Maryland to sell investments in Money Systems.
That Nevada-based company maintained it was selling "wireless terminal machines" that would allow consumers to pay by credit card, check or debit card from remote locations.
"Not one of Hinkle's investors actually took possession of or otherwise received any wireless terminal machines," Maryland's 2003 order shows.
In 2000, Maryland regulators first ordered Hinkle to cease the activities in question and barred him from the state's securities industry for four years.
After the Maryland agency determined that Hinkle was violating that order, it began its administrative case for a permanent ban in 2002.
Maryland banned him on grounds that included making false representations, promising above-market returns on investment contracts and conducting "unregistered broker-dealer and investment advisory activities."
Investors who placed money with Hinkle "lost millions," said Julie Tewey, assistant attorney general for the Maryland Securities Division.
She hopes the case her agency and the SEC brought against Hinkle "will benefit the public because it will be a deterrent that will keep people from engaging in similar conduct."
Regulators and attorneys also expect that some recipients of state bans and consequent SEC bans might file lawsuits, claiming they were denied due process.
But Van Sant expects the SEC will choose cases in which a person has a history of violations in several states.
"I am sure that someone will challenge one of these actions," she said. "I also think the pendulum has swung to the SEC, and that courts likely will declare in favor of its enforcement of securities laws."
Tewey agreed, saying: "If someone is barred by a state regulator and then by the SEC, I think that is something a judge would not look kindly upon."
E-mail banking, finance and insurance writer Jim Freer at jfreer@bizjournals.com.
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(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy)
is it our bcit or is it British Columbia Institute of Technology (BCIT)
I should have left my money in APPI. I would have only lost 13%.
I think you're right.
Maybe all longs should start bashing. Other see that and start buying up the float.
My question to everyones' COMPANY IS DUMPING SHARES statement is if they are, wouldn't only one MM be driving this price down. What I see is multiple MMs are doing it. Any opinions?
Wth two good news today, I lost 70% of my investment!? WTF!!!
Anyone think GHTI will keep running through tomorrow?
woog's theory has more holes than the swiss cheese...
Key word is "FEDERAL" That means it apply to Nationwide. Your statement about "Currently, those 'new' shares are only legal in the states of Nevada and Oklahoma. If you live in any other state, they are NOT legal tender.... and they won't be legal tender until both the NASDAQ and SEC approve them." is wrong. According to you, both NASDAQ and SEC has to approve those shares, and in your mind, they are not approved by neither, how can those shares be legal just in those two states. There are too many holes in your theory.
I'll tell them make sure to clean the DNA off the deck from previous Viking trip. I do have to hire Georgia show girls like the vikings did.
Hey, I live in Minnesota, so I will ask the Vikings if we could barrow the love boat and the crew...:)
Man, that would be perfect to see the world on.
Your point is?...:)
Why don't we just rent private cruise ship and sail around the world.
I was at Rome...I got nothing out of it. In my opinion, it was dirty, and people were very rude. Now, anywhere in Germany, it is beautiful country. People are also very nice.
Wow! "nuclear approach" We have best ceo ever.
Can someone create a standard email with history and what is going on now with bcit that everyone can send to congressmen? I figure properly worded email would look good. Since english is my second language, I'm not the right person for the job. TIA.
So, whole everything will be resolved tomorrow from DTCC was another stall tactic. Since there was no response from skye, I take it it was not a good news on quick resolution?
Are we there yet Pappa Smurf!