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The insiders? " The in " did sell @ .04 .05 x8 today's pps. IMO
FVSTA needs to announce updates to there MANY claims made pre SEC suspension and they need to do so quickly they loose credibility every day they let this continue to crash.
IMO
GLTA
Stepping up by FVSTA would be to up date share holders as to the Offer at .58 per share. Sup with Dat?
GLTA
The only coordination I have seen has been that of the SEC.
GLTA
No problem placing online trades with Etrade this morning.
GLTA
RX med site? The disclaimer:
Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2013, NewsRx LLC
It would be nice to see the disclaimer " We deliver fact based news and are NOT paid nor do we have any interest investment in FVSTA "
It beats no news at all though I guess.
GLTA
Hookiehead, Same info basically released by FVSTA some time ago, however why is this new article about old new's on a RX or medical new's site? Anyone know?
GLTA
I guess that is what broker's needed so To they can start placing orders? To ensure they would clear.
GLTA
Here is another Link fer ya!
https://dtcc.com/downloads/legal/imp_notices/2013/nscc/otc/OTC-227.pdf
Guess were back trading now!
DTC
https://dtcc.com/downloads/legal/imp_notices/2013/nscc/otc/OTC-227.pdf
LMAOROTF Thanks bearspread,
However....
Heck they're currently trying to pump a stock where the two members of management are on the verge of being dragged off by the UST for bond fraud. They'll pump anything! Of course I would have to charge you a bag fee for enlisting their services.
I seem to be short on $$$ today FOR SOME REASON :{
FVSTA's lack of response to any of the many issues that plaques it at this time is speaking VOLUMES to me right about now. A 90 + % drop in PPS is as good as any FACT pointing towards a company being legit or a scam. My stock says I am a bag holder, I feel like a bag holder, So that makes me a bag holder.
GLTA
tdbowie WOW it is almost unbelievable that ANYONE could read today's trading as anything BUT a sell off. LOL did it need to be -99.9 to be a sell off?
GLTA
My Etrade mobile shows extended hours LAST .048 change 1100%, but im also logged into Etrade on my PC and it shows NO Extended hour quote. Strange!
GLTA
After hours shows a .048 trade print 1100% up anyone else see that?
Wouldn't we all. At this point anything from Far Vista addressing even just one of many issues they now have to over come to regain investor confidence would be nice. I would not sell at -95% at this point but that is just me.
GLTA
No I went straight to the trading desk this morning on the phone for 20 minutes to get there. Until the DTC releases the suspension and they are sure these trades you see today will settle in 3 days I was told they will not except any action on FVSTA.
GLTA
Our chatty friends at FVSTA of late seem to have nothing to say of any up listing, Buy out offer in the works, newly discovered oil reserves and such, not to mention the SEC suspension. As did the market have some time now to consider all of this information thanks to the SEC so did FVSTA and it's board. Why oh why I wonder are they so quite now. Emmm Hey at least there website is working so you now they are on the ball when it comes to maintaining a $10.00 a month website. I wonder what they are going to do about the multiple PRs still in lingo as well as a response to the share holders concerning any wrong doing as to the SEC suspension. Emmmmm oh well there website is back up not that's LEADERSHIP right?.
LOL
GLTA
The DTC may not settle these trades in 3 days as Etrade has explained it to me. Whatever the case Etrade said until the DTC lifts its suspension and trades settle in 3 days Etrade will not except orders.
GLTA
First trade just printed at .0050 Volume 1000
GLTA
Some one mentioned placing trades on Etrade. I am not able to place a broker trade nor a online trade with Etrade. Anyone know what's up?
GLTA
Etrade will not except online nor over the counter trades. I was told they are looking into it. grrrrr
GLTA
It does not work that way. They had there chance pre suspension to avoid the greys. They will trade with no bid/ask tomm and on the Greys IE: No MM to manage any orders. Gonna be pretty ugly from what I have gathered.
GLTA
Me and Putin were on a wild boar hunt in the Chedty Neft Fields last weekend and drinking Vodka and as we regaled one another about how massive out chests looked as we didn't even bother bringing shirts " hey it's Putin why would you " Anyway once we finished hunting down our wild boars shirtless we fell into a MASSIVE amount of oil just pouring out of the ground. Right next to it there was a sign that said " NO TRESPASSING " Property of Far Fista Petroleum. Turns out Putin had a bag full of the same signs that said property of lukoil, Exxon, Primex and so on he said he likes to switch the signs around from time to time cause that's how it is done in MOTHER RUSSIA : }
GLTA
If your asking does that link and screenshot mean is it CURRENTLY trading in the grey's? NO. It can not trade until Friday Nov 22 and yes it will trade in the Greys.
GLTA
To be honest I have not been able to actually verify factually anything about FVSTA other then they were a long standing soft wear and video game corp dating back 13 or so years. They did pretty well back in 2000 Ish, other then they existed on the OTC until recently and they are suspended not much else can be factually verified nor debunked. Even the July deal with CJSC Chesty Neft is difficult to wrap up a clear understanding as to if or what they own of that. I am still not ready to throw in the towel on FVSTA, however I have no plan's to attribute FVSTA profit's to buying a new car, boat, go on vacation or things of that nature. "IF YOU BUILD IT THEY WILL COME" Well it's been built and they are coming Nov 22 so we will see. : }
GLTA
I agree wholeheartedly! Pennies never rep out more then 10% of my portfolio, buying these recent dips last week and this in my mainstream portfolio should cover this in time even if this is a total loss but it is still $$ MONEY $$ LOL This Suspension of FVSTA is a first for me so whatever the out come it's a lesson learned.
GLTY
At this point nor would I, However small it may be there is a chance some guidance in a poss direction MAY BE forth coming.
GLTA
In any case it would be helpful in building shareholders confidence if FVSTA comes out with a response to the SEC suspension, an update on the massive PR's released of late, or ANYTHING to help guide the market as to there intent to PLEAD THE FIFTH " so to speak " or justify the statements they are clearly responsible for unlike the case in SLCO, FVSTA made some bold statements and PR's. I guess Nov 22 will tell the tale, but FVSTA needs to do some damage control IF they have not run the SCAM that seems to be accepted as a matter of fact by many on this board. It's all in FVSTA's hands at this point if they are for real we will all be fine, If they are the SCAM that "appears" to be in play then the doom and gloom will come and come hard and fast.
GLTA
The complication with this one for me was that my entry point was the CJSC Chesty Neft move July 2. I actually believed the PRs of late as they made since with recent CJSC Chesty Neft deal in July. Anyway it's been a fun ride non the less. If FVSTA takes the FIFTH so to speak come Nov 22 the outcome is pretty clear.
Again GLTA
That would sure be a welcome out come to this very complicated penny play that I believed in July would run up x8 x10 fold. I have spent more time on this one PP then my entire portfolio of late. Grrrrrrr
GLTA
Nov 22
Hey Al,
I enjoy your post but wanted to point this out to you:
I believe there was some refernce as to why it listed a s ten day suspension and not a permanent suspension,as there is supposed to be an opportunity to prove innocence rather than assuming guilt in the US.
Al
I think a ten day suspension is the most the SEC actually can do at this point in time. Maybe the board can help correct me if I am wrong but after far to much of my time on the SEC website and else where that is what I have gathered.
GLTA
At this point I would take 1/3 of that if this were to even begin too reach .08/ .09 I would take my money and run as fast as I could : } Of course @ my position that would be 4 x my $$ so I could hardly complain. This SEC suspension has had me doing wayyyyyyyyyyyyyyyyy to much digging and been wayyyyyyyyyyyyyy to time consuming for my usual penny play's. Nice learning the ropes on a SEC suspension though.
GLTA
The PVEN typo on the FVSTA suspension is currently trading at a 66% increase today on the greys, when I looked it up last week it was 95% down. Assuming the worse here guys PVEN was suspended for much the same reason as FVSTA. Regardless of what comes of this come Nov 22 the right trading method can work to average down and even turn a profit assuming there is interest and volume to support it.
GLTA
Great post bearspread,
I wish more post could be shared like this: accurate, informative, and helpful.
GLTA
Current SEC suspensions
http://www.sec.gov/litigation/suspensions/2013/34-70882-o.pdf
This is just one example of why the SEC being POLITE in there written suspension of a OTC or other PTC is BS. Many more examples can be found @
http://www.sec.gov/litigation/suspensions.shtml
I think most anyone who has done any DD on what a suspension means for a company ESPECIALLY one listed on the OTC. I don't argue with statistics or the clear path in which FVSTA is headed considering the suspension. It is the blatant use of opinions being posted as FACT here that disturb me. Anytime a hot topic comes about there are many scenarios that can arise. Many turn out being very bad for the company and some do not. At this point there are to many FACTS being stated here in an arena in which very few facts are available. I will be the first to agree that it does not LOOK GOOD for FVSTA and they have A LOT of work to do if they are to ever come the these issues that APPEAR to make them look very bad, however in the absence of facts you can not simply state your opinion as being FACT because in reality we are short of any facts at this time as well as any current information. Gloom and doom? MAYBE move past this and find a diamond in the rough, MAYBE but trying to establish your opinion as fact is simply irresponsible at this point.
GLTA
Of course it's not way out of line to say fraud, didn't you know the SEC while sampling the finest of wines on the terrace of the grandest home in the Hamptons the SEC drafts suspension articles while trying to achieve the most polite language possible in there suspension notifications. LOL may be bogus MAY not be but calling the SEC polite? Come on they are barely competent much less polite.
GLTA
Fruad...oh yes and they are also looking at them for kidnappings, Murder, and terrorism. ..They didn't actually say that either because the SEC is so polite. You just have to "READ BETWEEN THE LINES"
GLTA