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MM went and grabbed the stop losses.. They need shares.
TD A now shows GRCU in my actt. but no ball. shown yet.
lineltemveto,, start from the beginning of my posts here tonight. read. If you were short this stock at .002 to .02 could you afford to pay .12 in a buyout situation like this? YOU COULD or WOULD GO BK if it was a substantial short position say 100M +. X how many MM
You to would call for relief in this situation.
The SEC will continue to suspend MMJ and small cap stocks that have been sold naked to ungodly numbers to protect there criminal buds on Wall Street/hedge funds............
Why this company you ask. there is your answer.. and a lot more to come.ALL IMO
ST
myth my azz... it was proven when the SEC tyred the REG SHO/grand father clause and had to revert it cause it was illegal to make shares that did not exist disappear...
http://www.sec.gov/news/press/2007/2007-114.htm
SEC Votes on Regulation SHO Amendments and Proposals; Also Votes to Eliminate "Tick" Test
FOR IMMEDIATE RELEASE
2007-114
Washington, D.C., June 13, 2007 - The Securities and Exchange Commission today voted to take additional steps to better safeguard investors and protect the integrity of the markets during short selling transactions by closing loopholes in Regulation SHO and further reducing persistent failures to deliver stock by the end of the standard three-day settlement period for trades.
Erik Sirri, Director of the SEC's Division of Market Regulation, said, "Today the Commission voted on steps to streamline and tighten short selling provisions so that markets and investors are better served by our rules."
1. Final Amendments to Rules 200 and 203 of Regulation SHO
The Securities and Exchange Commission voted to adopt final amendments to Rules 200 and 203 of Regulation SHO (17 CFR 242.200 and 242.203). The amendments will further reduce fails to deliver in certain equity securities by eliminating the grandfather provision. The amendments also modify the close-out requirement for fails to deliver resulting from sales of threshold securities pursuant to Rule 144 of the Securities Act of 1933 (Securities Act). In addition, the amendments update the market decline limitation referenced in Regulation SHO. The amendments will be effective 60 days from the date of publication of the amendments in the Federal Register.
Regulation SHO, which became fully effective in January 2005, provides a regulatory framework governing short sales of securities and, among other things, includes the following:
A definition of ownership for short sale purposes and a requirement to determine a short seller's net aggregate position.
A locate requirement, which requires that before accepting or effecting a short sale order, brokers and dealers must (i) borrow securities, (ii) make arrangements to borrow securities, or (iii) have a reasonable basis to believe that securities can be borrowed in order to make timely delivery.
Additional delivery or close-out requirements on designated "threshold securities." A threshold security means an equity security registered or required to file reports with the Commission for which there is an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency of 10,000 shares or more and that is equal to at least 0.5% of the issue's total shares outstanding. Where a clearing agency participant has a fail to deliver position in threshold securities that persists for 13 consecutive settlement days, the participant must take action to close out the position. Until the position is closed out, the participant, and any broker-dealer for which it clears transactions, including market makers, may not effect further short sales in the particular threshold security without borrowing or entering into a bona fide arrangement to borrow the security.
A grandfather provision that provides that the requirement to close-out fail to deliver positions in threshold securities that remain for 13 consecutive settlement days does not apply to positions that were established prior to the security becoming a threshold security or prior to the effective date of Regulation SHO. The grandfather provision was adopted because the Commission was concerned about creating volatility where there were large pre-existing fail to deliver positions.
The amendments voted on today will:
Eliminate the grandfather provision in Rule 203(b)(3)(i) so that all fail to deliver positions in threshold securities will have to be closed out within 13 consecutive settlement days, regardless of whether they occurred before the security became a threshold security.
Permit previously-excepted grandfather positions that are threshold securities on the effective date of the amendment to be closed out within 35 settlement days of the effective date of the amendment.
Amend Rule 203 of Regulation SHO to extend the close out requirement from 13 to 35 consecutive settlement days for fails to deliver resulting from sales of threshold securities pursuant to Rule 144 of the Securities Act.
Amend Rule 200(e)(3) to (i) reference the NYSE Composite Index (NYA) instead of the Dow Jones Industrial Average (DJIA); (ii) add language to clarify that the two-percent limitation is to be calculated in accordance with NYSE Rule 80A; and (iii) provide that the market decline limitation will remain in effect for the remainder of the trading day.
2. Proposed and Re-proposed Amendments to Regulation SHO
The Commission voted to propose amendments to Rule 200 and re-propose amendments to Rule 203 of Regulation SHO (17 CFR 242.200 and 242.203). The proposed amendments would modify the long sale marking requirements of Regulation SHO to require that broker-dealers marking a sale as "long" document the present location of the securities being sold. The re-proposed amendments are intended to further reduce fails to deliver in certain equity securities by eliminating the options market maker exception to the close-out requirement of Regulation SHO. In addition, the Commission voted to solicit comment regarding two narrowly-tailored alternatives to elimination of the options market maker exception.
The comment period for the proposals will end 30 days from the date of publication of the proposed rules in the Federal Register.
The options market maker exception provides that any fail to deliver position in a threshold security resulting from short sales effected by a registered options market maker to establish or maintain a hedge on options positions that were created before the underlying security became a threshold security do not have to be closed out. Today's proposed amendments would eliminate this exception to the close-out requirement of Regulation SHO. In addition, the proposed amendments to eliminate the options market maker exception would include a one-time 35 consecutive settlement day phase-in period for previously-excepted fail to deliver positions.
3. Amendments to Rule 10a-1 and Regulation SHO
The Commission voted to adopt amendments to Rule 10a-1 (17 CFR 240.10a-1) and Regulation SHO (17 CFR 242.200 et seq.) that will remove Rule 10a-1 as well as any short sale price test of any self-regulatory organization (SRO). In addition, the amendments will prohibit any SRO from having a price test. The amendments will also include a technical amendment to Rule 200(g) of Regulation SHO that will remove the "short exempt" marking requirement of that rule. The amendments will be effective immediately upon publication of the release in the Federal Register.
The Commission adopted Rule 10a-1 in 1938 after several years of considering the effects of short selling in a declining market. Rule 10a-1 provides that, subject to certain exceptions, a security may be sold short (A) at a price above the price at which the immediately preceding sale was effected (plus tick), or (B) at the last sale price if it is higher that the last different price (zero-plus tick). Short sales are not permitted on minus ticks or zero-minus ticks, subject to narrow exceptions. The operation of these provisions is commonly described as the "tick test." The tick test applies only to listed securities, other than Nasdaq-listed securities, traded on an exchange, or otherwise.
In addition to the tick test of Rule 10a-1, the NASD and Nasdaq have adopted their own short sale price tests based on the last bid rather than on the last reported sale for purposes of determining the execution prices of short sales. These bid tests apply only to Nasdaq Global Market securities that are traded on Nasdaq or the over-the-counter market and reported to a NASD facility.
On July 28, 2004, the Commission issued an order creating a one-year pilot temporarily suspending the tick test and any short sale price test of any exchange or national securities association for certain securities. The pilot was created so that the Commission could study the effectiveness of short sale price tests. The Commission's Office of Economic Analysis and academic researchers provided the Commission with analyses of the empirical data obtained from the pilot. In addition, the Commission held a roundtable to discuss the results of the pilot. The general consensus from these analyses and the roundtable was that the Commission should remove price test restrictions because they modestly reduce liquidity and do not appear necessary to prevent manipulation. In addition, the empirical evidence did not provide strong support for extending a price test to either small or thinly-traded securities not currently subject to a price test.
* * *
No MM's have ever been held accountable for Naked Shorting/Fail to Deliver either.. We shall see. Will be another interesting saga in the world of pennies... lol
Have a great night all
ST
that is why I hope the buyout is real and the deal takes place before the 10 day suspension is lifted.............
WEEEEEEEE for every winner there is a looser. I hope we shareholders win this round....
Walk with a open check book.... never ending and if they do cover it will be in the .00000's
and they don’t have to cover there shorts either................
reread the post you responded to again then use your calculator starting back on Feb 19 adding the volume up in buys v sells. The MM had no shares to cover with that kind of a buying frenzy. March 6 the short attack starts but the vol of sells does not compare to the buys earlier. MM are not to friendly when they have to cover at such losses. then move to April 1 for the next 5 days the volume of buys v sells goes nuts again.. MM even shorter than before at even higher prices.. MM don't make a habit of loosing money.. buy,buy,buy... 15 day sells v buys mixed and they still did not cover. for the next 30 days vol was low people where not selling. then the MM and shorts worse nightmare comes true, a announcement of a buyout at a significantly higher price. REMEMBER MM do not like to loose............... MM best friends now is the SEC it was done thousands of times before and still continues to this very day.. BIG crooked money always wins.
Go look at all the revoked stocks in this sector and you see the same pattern...............
GLTA longs...
ST
why?
to many shorts the MM hold?
90% of these stocks where trading in the triple 000's before they announced MMJ business. All of them where seller boxed and shorted into the abyss just waiting to DIE. (that is what the naked shorter's/MM wanted) When the old margin calls started coming in and the market makers could not slow the influx of buyers, they all new they where in trouble. One company after another rose from the phoenix. There has been a few companies that have done the best they can to change the direction of these dead companies. Mergers, name change, ticker change, management change, filling past late fillings, so on and so on... When the big money (MM) started loosing there cash, the game started getting ugly. Now it is even uglier, when the MM had to call their friends at the SEC to help them, you know it must be real bad. You will probably ask if I can prove this theory and my answer will be NO, but ask the SEC what the companies (that have been suspended) did wrong and see what answer you get.. "None of your business".
So 10 days later this so called "crooked" company trades again and from there the MM and shorters are scott free all the way back to seller boxed and bankrupt... It was done in the early 2000's and has started again. The SEC is as crooked as it has always been and some things just will not change.
This is all in my observation and opinion based on my 15 years of trading.
ST
not if a .12 buyout takes place before the 10 day suspension is lifted.
And the shorts will have to pay big time....
Do the math on all that cash the MM don’t have to cover on their short positions and the shorters love the hell out of it too... FKING CROOKS............
Grey Sheets do not have any Market Maker representation or quotations.
90% of these stocks where trading in the triple 000's before they announced MMJ business. All of them where seller boxed and shorted into the abyss just waiting to DIE. (that is what the naked shorter's/MM wanted) When the old margin calls started coming in and the market makers could not slow the influx of buyers, they all new they where in trouble. One company after another rose from the phoenix. There has been a few companies that have done the best they can to change the direction of these dead companies. Mergers, name change, ticker change, management change, filling past late fillings, so on and so on... When the big money (MM) started loosing there cash, the game started getting ugly. Now it is even uglier, when the MM had to call their friends at the SEC to help them, you know it must be real bad. You will probably ask if I can prove this theory and my answer will be NO, but ask the SEC what the companies (that have been suspended) did wrong and see what answer you get.. "None of your business".
So 10 days later this so called "crooked" company trades again and from there the MM and shorters are scott free all the way back to seller boxed and bankrupt... It was done in the early 2000's and has started again. The SEC is as crooked as it has always been and some things just will not change.
This is all in my observation and opinion based on my 15 years of trading.
Have a great week end folks..
ST
rmezzie, If i recall the old company of AVWorks (SPLI) had some debt that Vapor took care of in the original agreement of the reverse merger. It was less expensive to go the way Vapor did than to try a fresh IPO.
Bottom line The Company has 334,381,399 issued and outstanding common stock shares as of March 31, 2014 and a good percentage of those shares are restricted.
I am not a expert on financials so some one can correct my deficiencies.
ST
From: Message Center Client Services|Date: 05/21/14 3:13 PMMessage available until 05/20/16.
Xxxx,
Thank you for contacting TD Ameritrade. I am sorry, but it does not appear that our news providers are following VPOR. Unfortunately, we do not always get news on all OTC stocks. I have entered a request for our news providers to follow VPOR.
If there is anything else I can do for you, please reply to this e-mail.
Sincerely,
Joseph Antonelli
Apex Technology Support, TD Ameritrade
TD Ameritrade, Inc.
Look at the financials and you can tell they have been tighter than a crabs azz with there money so far as to post 1.1 in gross PROFITS 2013 and 800 in Q1 2014.
ST
CEL213, We would be better off reducing the A/S by 500 to 750M than than to have a revers split.. The share structure in the O/S is good right now to keep the liquidity level good. Remember that we still don't know the float. We can only estimate that it is under 100M
ST
8 months of 2013 + Q1 2014 showed 4M +- revenues and only getting bigger.. Will not take long to achieve 1/2 to 1% IMO
ST
ZDanger, The large tobacco corporations have latched on to the disruptive technology in recent years, buying established e-cigarette brands or starting their own. Reynolds American (RAI) estimates electronic products account for about 1 percent of U.S. cigarette sales and projects e-cig revenue will reach $3 billion within five years. Other forecasts show e-cig sales reaching more than $10 billion by 2017.
$1.00 is a bargain........................
ST 1.3
Just Emailed TD A and I will post their response when I get it. I did ask them to fix this ASAP. Just ticks me off.....
ST
It was just brought to my attention that TD Ameritrade does not show news for Vapors filling as of yesterday 5/20/14. Can any one explain this to me? It is not on marketwired either. Marketwired had the preliminary results posted on 5/15/14 but not the filling. WTF??? Is some one trying to keep us down in the dirt?
http://www.marketwired.com/AdvancedSearch/AdvancedSearchResults.aspx?sid=3d921c51-67e0-4e9e-a583-80ff8e88f9fc
Even the filling for HEM! got posted immediately today. This is ticking me the f off, bull s manipulation... Some one is very short.......
TIA for any answer or call TDA like I am doing. Post what the reasoning is for lack of info.
ST 1.3 Long Strong 1 year 1 day
Need the .0232+ and we go.....Then .0285 and gone...
js8797 the SEC does not give a cr@p about the shareholders, never have never will.. If they did they would investigate the company quietly before they decided to suspend them first but that would not be in the best interest of the people they work for.....
90% of these stocks where trading in the triple 000's before they announced MMJ business. All of them where seller boxed and shorted into the abyss just waiting to DIE. (that is what the naked shorter's/MM wanted) When the old margin calls started coming in and the market makers could not slow the influx of buyers, they all new they where in trouble. One company after another rose from the phoenix. There has been a few companies that have done the best they can to change the direction of these dead companies. Mergers, name change, ticker change, management change, filling past late fillings, so on and so on... When the big money (MM) started loosing there cash, the game started getting ugly. Now it is even uglier, when the MM had to call their friends at the SEC to help them, you know it must be real bad. You will probably ask if I can prove this theory and my answer will be NO, but ask the SEC what the companies (that have been suspended) did wrong and see what answer you get.. "None of your business".
So 10 days later this so called "crooked" company trades again and from there the MM and shorters are scott free all the way back to seller boxed and bankrupt... It was done in the early 2000's and has started again. The SEC is as crooked as it has always been and some things just will not change.
This is all in my observation and opinion based on my 15 years of trading.
That is because the seller must have dyslexia and sold at .0036 instead of .0063.... if we close near the high of day or higher the chart will look great...
Because they may be the shorters?????? makes ya say Hummmmmm....
$SNLX will move quick and leave them all behind.
ST
Again, next SLNX has to pass the .0082 then on to the copper...
GLTA
ST.
FEARANDGREED, I posted this on another board with a SEC discussion. This is how I see it and yes it could get messy in this sector. Endless stock supply w/high demand = major MM short..................... some how they must cover.
90% of these stocks where trading in the triple 000's before they announced MMJ business. All of them where seller boxed and shorted into the abyss just waiting to DIE. (that is what the naked shorter's/MM wanted) When the old margin calls started coming in and the market makers could not slow the influx of buyers, they all new they where in trouble. One company after another rose from the phoenix. There has been a few companies that have done the best they can to change the direction of these (dead) companies. Mergers, name change, ticker change, management change, filling past late fillings, so on and so on... When the big money (MM) started loosing there cash, the game started getting ugly. Now it is even uglier, when the MM had to call their friends at the SEC to help them, you know it must be real bad. You will probably ask if I can prove this theory and my answer will be NO, but ask the SEC what the companies (that have been suspended) did wrong and see what answer you get.. "None of your business".
So 10 days later this so called "crooked" company trades again and from there the MM and shorters are scott free all the way back to seller boxed and bankrupt... It was done in the early 2000's and has started again. The SEC is as crooked as it has always been and some things just will not change.
This is all in my observation and opinion based on my 15 years of trading.
Have a great week end folks..
ST
P.S. the words " safer place to invest" does not apply to the pennies or the crooks.
Pikachu, I posted this on another board with a SEC discussion. This is how I see it and yes it could get messy in this sector. Endless stock supply w/high demand = major MM short..................... some how they must cover.
90% of these stocks where trading in the triple 000's before they announced MMJ business. All of them where seller boxed and shorted into the abyss just waiting to DIE. (that is what the naked shorter's/MM wanted) When the old margin calls started coming in and the market makers could not slow the influx of buyers, they all new they where in trouble. One company after another rose from the phoenix. There has been a few companies that have done the best they can to change the direction of these (dead) companies. Mergers, name change, ticker change, management change, filling past late fillings, so on and so on... When the big money (MM) started loosing there cash, the game started getting ugly. Now it is even uglier, when the MM had to call their friends at the SEC to help them, you know it must be real bad. You will probably ask if I can prove this theory and my answer will be NO, but ask the SEC what the companies (that have been suspended) did wrong and see what answer you get.. "None of your business".
So 10 days later this so called "crooked" company trades again and from there the MM and shorters are scott free all the way back to seller boxed and bankrupt... It was done in the early 2000's and has started again. The SEC is as crooked as it has always been and some things just will not change.
This is all in my observation and opinion based on my 15 years of trading.
Have a great week end folks..
ST
P.S. the words " safer place to invest" does not apply to the pennies or the crooks.
Goodspeed65 did you read my post #131400? only my opinion as what is happening and why.
yolo, my comments and opinion was only in general to the conversation of MMJ companies being scrutinized by the SEC as of lately.. that's all.
ST
moras, Thanks. I am a ttdz shareholder and do see great potential here. It does tick me off when the SEC gets involved with any company on just a whim. Their mission statement is to protect shareholders and as you know it kills shareholders value every time...Then they (the SEC) will not tell you what they found wrong... Ticks me off.
Good luck to you too.
Thanks again..
ST
moras, 90% of these stocks where trading in the triple 000's before they announced MMJ business. All of them where seller boxed and shorted into the abyss just waiting to DIE. (that is what the naked shorter's wanted) When the old margin calls started coming in and the market makers could not slow the influx of buyers, they all new they where in trouble. One company after another rose from the phoenix. There has been a few companies that have done the best they can to change the direction of these (dead) companies. Mergers, name change, ticker change, management change, filling past late fillings, so on and so on... When the big money (MM) started loosing there cash, the game started getting ugly. Now it is even uglier, when the MM had to call their friends at the SEC to help them, you know it must be real bad. You will probably ask if I can prove this theory and my answer will be NO, but ask the SEC what the companies (that have been suspended) did wrong and see what answer you get.. "None of your business".
So 10 days later this so called "crooked" company trades again and from there the MM and shorters are scott free all the way back to seller boxed and bankrupt... It was done in the early 2000's and has started again. The SEC is as crooked as it has always been and some things just will not change.
This is all in my observation and opinion based on my 15 years of trading.
Have a great week end folks..
ST
P.S. the words " safer place to invest" does not apply to the pennies or the crooks.
I will agree with this statement from the SEC.....
“When publicly available information is scarce, fraudsters and (Market Makers) can more easily spread false information about a company, making profits for themselves while creating losses for unsuspecting investors."
I did insert the words (Market Makers) in this statement from the SEC article, you will find it fits well....
Not only the Company but also the Market Makers should disclose how short they are in the company that has been suspended from trading..
I would like to bet that is when you will find out who the culprits are that have committed the crimes against the shareholders...
Have a great week end folks.
ST 1.3 long 1 year 1day
need to get past the .0082 mark.....
Scottsdale, Ariz., April 18, 2014 -- EGPI Firecreek, Inc. (OTCQB: EFIR) (the “Company”) Announced today, they have recently identified a press release dated April 21, 2014 regarding EGPI Firecreek, Inc. initiating a newly created medical division to service the medical marijuana industry. This release was put out by an unknown third party and/or persons not related to the Company.
The Company states that the purported medical division related to servicing the multibillion dollar marijuana industry was never written or authorized to be written by the Company, and should be considered false and misleading.
The Company has also identified a false web site creation: http://www.egpimedical.com/ and two email accounts: info@egpimedical.com and egpimedical@gmail.com which the Company did not authorize and has absolutely no affiliation with.
The Company has reported this activity to various agencies including the FBI and investors should be warned that any reference to a medical division for EGPI Firecreek, Inc. is false.
EGPI Firecreek, Inc. is an independent oil and gas company, engaging in the exploration, development, and exploitation of crude oil and natural gas properties primarily in the United States. The company focuses on the oil and gas projects located in the Permian Basin areas of Texas, and surrounding states and regions in the United States for activities related to oil and gas production, and related business and other opportunities. It holds interests in oil and gas leases and reserves located in Texas. The company is headquartered in Scottsdale, Arizona and has been in the process of restructuring operations.
While the Company is currently exploring various business ventures, any and all public dissemination of any news, can only be deemed credible when it is coming directly from the Company and the distribution source is from a credible national distributor of news and press releases.
Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of EGPI Firecreek, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond EGPI Firecreek, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in EGPI Firecreek, Inc.'s filings with the Securities and Exchange Commission.
Public Relations and Shareholder Information
Joe Vazquez
Phone: (754)204-4549
email: infinityglobalconsulting@gmail.com
titans, I do more reading than most. Trust me there. I jumped the gun on that filling. It was a question in general as to the rules of filling.
Thanks again
ST 1.3 long
After reading late filling, I did miss the date.. Thanks
ST
So they filed (Notice of late filling).. How long can they go till it has to be filed?
ST