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So to short a million shares of a penny stock @ $.01 it would cost @2,500,00.00 to make how little money?!?!?!
Even if you waited for it to go from .01 to .0001, that is only $9,900 (less than .4%).
You could make more money in a bank account.
If I recall correctly, his original claim was shorting KMAG.
Sorry to burst his bubble, but that POS isn't even on the list...
https://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2FViewShortableStocks.php%3Fcntry%3Dusa%26amp%3Btag%3DUnited%2520States%26amp%3Bib_entity%3Dllc%26amp%3Bln%3D%26amp%3Basset%3D%26amp%3Bb%3DKFF%26amp%3Be%3DKRE
They are not a SEC filer, only OTC. And NO, they are not the same thing.
My son is stationed overseas and we have sent many packages, not one shows leaving the states on USPS tracking, but he has received every one of them. IMO, they are using this glitch in the USPS tracking site to try and fool peeps.
Simple, if SING is relative to this board for good, then it should relative for bad as well. Everyone praises the fact that they are associated; so if SING goes down, where does that leave ADCS?
They even state in their post:
'Moreover, with only minimal cash reserves, filing in a more timely manner would have been extremely burdensome on the Company and its shareholders.'
Would you consider refinancing a 5% loan to a 30% rate, good or bad? I haven't looked at the financials in question so I realize the terms are not right, but the idea still fits.
I understand the debt remained the same, but if the new notes have terms that are detrimental to the company, then it can't be good for the shareholders.
If I read correctly, a bunch of peeps with lock-ups, delayed until EOY.
It was in the news releases for EOQ, along with the dividend announcement.
OK...
141 million tonnes of raw ore, @ 1.6% nickel = 2,256,000 tonnes of nickel.....
How do you figure that? The SEC has nothing to do with a 211, that is a FINRA form.
But I do agree...
GO SEC!
Well they have a Twitter account and a FaceBook account, isn't that proof enough for you??? What more could you possibly ask for???
NOT SO!!
GO SEC!
DAAANG!!! I'm gonna have to take out a 4th mortgage, so as I could buy me some of that!!!
I know on my company's Whois it shows 'private' as well. In our case the web hosting service handles those particular jobs.
Mark already ran from Fort Wayne, does he need to run from Arizona too?!?!
It's very likely that the Twitter/Facebook poster is actually not even Reid, just a shareholder trying to create liquidity to exit their position, perhaps with loose permission from Reid himself
OK!! UNCLE!! UNCLE!!
They win!!
hahaha
I asked someone in military intelligence about ACDU. He said 'he could tell me but then he'd have to kill me'. hahaha
They changed the name of it last week, to reflect the new website address.
Try this:
https://www.facebook.com/WanderportCorporation?hc_location=timeline
At least they are not quite as 'out there' as the ACDU board. The scary thing over there is that their (ACDU) Gray experience has just started, can you imagine them in 2 years?!
That is such BS, it had to have come from JR. The ONLY reason they would refuse to give a 'No Action Letter', is if the investigation is still ongoing.
FB post?:
Can't find it on the page, but it popped up on my feed.
https://www.facebook.com/MTPfb?fref=nf
Looks like auditor is frustrated with Mark (see red highlight), but he'll find a way to blame the shareholders (especially the negative ones).
Mike the Pike Productions
7 hrs ·
Audit/Form 10 update- straight from the auditor---
"I certainly understand your issues about getting a filing done.
I am looking over the Stockholder equity reconciliation. I will have that completed soon.
xxxxxx needs to complete the Financial statements for June 2014.
xxxxxx gave me some questions that I want to get answered.
Unfortunately, xxxxx is out of the Office today and tomorrow. xxxxx needs to complete his review. As soon as we are done, I will need to send the Form 10 to our quality reviewer. It is the filer’s responsibility to have the reporting done accurately before we look at. If the product is substantially complete we can rush through the project, but in your case your reporting controls have been weak causing me to do more work than normal. We can get this out next week."
Phone number is a moving company?
http://www.merchantcircle.com/business/Hollywood.Moving.And.Storage.310-526-8720
You know that, and I know that, but let me unload my bag before we tell anyone else. ssshhhh!!!
You asked for it....
http://www.wanderportcorp.com/
New website
The bigger issue is that he COULD go back 3.5 years to prove that the there is nothing here, and the probability is there never will be.
Still waiting to install my microwave water heater. God, I hope it is soon, haven't had a shower in years.
I-hub doesn't include that 25 million share 'w' trade that Mark dumped on shareholders here.
Those gosh darn 'SHORTERS'!!!
I forgot all about that fiasco.
But even then, A-Trade was still allowing trades of MIKP up to the suspension. I traded some that last day, just wish I had sold it all.
trading shares in their personal trading accounts as per the confidential information they have in their possession
KMAG has been illegally manipulated
and subjected to naked short shares!
What does submitted mean?
The last few days of trading look like a poor attempt at wash-trading to make the charts look better...
Isn't that what got the teenyboppers caught by the SEC???
Yep, you are right... This is an empty shell!
That is right, after all the next run is always just around the next corner isn't it? hahaha
Sorry, imiloa, but 'naiveté' is no longer an option.
You can only claim that once, beyond that, you know that you need to make sure it doesn't happen again and you enlist the help of people whose job it is to do it right. Failure to enlist the proper help may be incompetence, but not naivete. One of the problems with Mark is; he got away with claiming it once over two years ago, so now he tries to claim it every time he can. And when he can't claim that, he blames the help he enlisted.
So now, IMO, he either needs to get better help or stop lying to us about the help. And, of course, if he is lying to us about the help, then that means he is lying about EVERYTHING.
Not to mention 4 months before the suspension. And KMAG is down 50%, so accurate at that.
As you saw, I re-posted minus the first few lines which were questionable to ADMIN.
I am beginning to wonder about the reason Mark gave us for the suspension. If I try to enter a buy order, A-Trade shows that the DTC chill is back. I can enter a sell but not a buy, same as when the chill was on originally.
At first I thought it was because of the Greys, but I can place buys for every one of the other stocks that were suspended with us, no blocks. In fact of the 30 some suspended Grey stocks I have tried, the only one blocked is MIKP, again showing DTC chilled. And I have checked, there is no new chill posted on the DTCC website, just the original.
The suspension came just weeks after Mark PRd that the chill was lifted and posted the letter. Who is to say that the letter wasn't fake and that is why the SEC suspended it. Do you honestly think if that were the case, Mark would own up to it?
Sorry to hear that. I've seen two other companies receive default notices from Magna/Hanover, both filed BK within 6 months. Magna is a last resort for financing, and they are cut-throat if you miss a payment.