Soaking in the soothing mineral waters
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Thanks....That was my take..Little action this morning..Looks like all are holding for the new company to fold out and see what will happen...Could be very interesting.
We will see soon...Hopefully this all pans out great....
Looks to me the new BVI will be PROTF: "We formed a BVI corporation, Proteonomix, Ltd., that will issue to all shareholders of record at the close of business on January 11, 2013, the same number of shares that they own at the close on that date, without further payment of any sort whatsoever."
Looks lke prot will become StromaCell;;Wonde rwhat new call letters STRC...
"We plan to leave the StromaCel technology in the Company and change the name of the Company to StromaCel, Inc. The diabetes technology present in the licensed technology left behind is what started me on the quest that became our Company. We intend to continue this work, which will hopefully culminate with a solution to Type I diabetes that has my wife among its victims. This Company began many years ago with the intent to cure her and my commitment to continue that work is still resolute."
The question I have what will Stormcell value be and what will the BVI value be...I guess we will find out soon.
That's how I read it also....Prot will have a name change..And BVI will be another company...
"We plan to leave the StromaCel technology in the Company and change the name of the Company to StromaCel, Inc. The diabetes technology present in the licensed technology left behind is what started me on the quest that became our Company. We intend to continue this work, which will hopefully culminate with a solution to Type I diabetes that has my wife among its victims. This Company began many years ago with the intent to cure her and my commitment to continue that work is still resolute."
"We have decided to do this to assure shareholders that the new sublicenses and assignments of licenses to the BVI corporation will not impact such shareholders' participation in the successes, or failures, of the Company's present clinical trial or our planned future activities."
Then it goes on to say...
Proteonomix Announces Restructuring
9:42a ET January 8, 2013 (PR NewsWire)
Proteonomix, Inc. (the "Company") (SYMBOL: PROT), a biotechnology company (the "Company") focused on developing therapeutics based upon the use of human cells and their derivatives, announced today that it has caused the formation of a BVI corporation that will receive sublicenses and assignments of technology previously licensed to the Company so as to facilitate future financing and operations.
Michael Cohen, President and CEO of the Company, stated, "We formed a BVI corporation, Proteonomix, Ltd., that will issue to all shareholders of record at the close of business on January 11, 2013, the same number of shares that they own at the close on that date, without further payment of any sort whatsoever." "We have decided to do this to assure shareholders that the new sublicenses and assignments of licenses to the BVI corporation will not impact such shareholders' participation in the successes, or failures, of the Company's present clinical trial or our planned future activities." "We plan to leave the StromaCel technology in the Company and change the name of the Company to StromaCel, Inc. The diabetes technology present in the licensed technology left behind is what started me on the quest that became our Company. We intend to continue this work, which will hopefully culminate with a solution to Type I diabetes that has my wife among its victims. This Company began many years ago with the intent to cure her and my commitment to continue that work is still resolute."
Mr. Roger Fidler, General Counsel and Treasurer of the Company, stated: "We undertake this restructuring and will establish a trading market outside of the United States on the GXG, to seek financing outside of the United States. At this point we have cash on hand sufficient to seek additional offshore financing in order to advance the current and future IP that the company has licensed."
About Proteonomix, Inc.
Proteonomix is a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives. The Proteonomix family of companies includes Proteoderm, StromaCel, PRTMI and THOR Biopharma. Proteoderm is a wholly owned subsidiary that has developed an anti-aging line of skin care products. StromaCel develops therapeutic modalities for the treatment of cardiovascular disease and for treatment of patients who have suffered post-myocardial infarction. Proteonomix Regenerative Translational Medicine Institute, Inc. (PRTMI) intends to focus on the translation of promising research in stem cell biology and cellular therapy to clinical applications of regenerative medicine. Additional information is available at www.proteonomix.com and www.proteoderm.com.
Forward-looking statements:
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Proteonomix, Inc. cautions that statements made in this press release constitute forward-looking statements and makes no guarantee of future performance. Actual results or developments may differ materially from projections. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
SOURCE Proteonomix, Inc.
Proteonomix Updates Status Of UMK-121 Testing
9:40a ET January 8, 2013 (PR NewsWire)
Proteonomix, Inc. (the "Company")(Symbol PROT), a biotechnology company (the "Company") focused on developing therapeutics based upon the use of human cells and their derivatives, announced today that the University of Medicine & Dentistry of New Jersey (UMDNJ) in conjunction with the Company has commenced enrollment of patients with End Stage Liver Disease (ESLD) in its clinical trial of UMK-121.
Michael Cohen, President and CEO of the Company, stated; "We have began to screen new patients for the UMK-121 trial and have enrolled our first candidate into the trial. We expect to enroll more patients in the upcoming months. The treatment of our first patient on the UMK-121 trial is a major step forward for the company and demonstrates the company's ability to move new therapies into therapeutic testing. Two additional trials of UMK-121 are presently being developed in cancer and heart disease which we intend to initiate in 2013."
About Proteonomix, Inc.
Proteonomix is a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives. The Proteonomix family of companies includes Proteoderm, StromaCel, PRTMI and THOR Biopharma. Proteoderm is a wholly owned subsidiary that has developed an anti-aging line of skin care products. StromaCel develops therapeutic modalities for the treatment of cardiovascular disease and for treatment of patients who have suffered post-myocardial infarction. Proteonomix Regenerative Translational Medicine Institute, Inc. (PRTMI) intends to focus on the translation of promising research in stem cell biology and cellular therapy to clinical applications of regenerative medicine. Additional information is available at www.proteonomix.com and www.proteoderm.com.
Forward-looking statements:
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Proteonomix, Inc. cautions that statements made in this press release constitute forward-looking statements and makes no guarantee of future performance. Actual results or developments may differ materially from projections. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
SOURCE Proteonomix, Inc.
You think they will vote themselves out their job where they can vote a pay raise yearly..And the best perks available...50% of congress are Millionaires...Most made their cash on the job...
Happy New Year Janice..Thanks for all the work you do to keep the cmkx saga alive...Without you this would be a dead board...Much Appreciated.
last sale 9.5k..
Major manipulation 318 share sell at the end of the day dropped the price to .462. A all the other daily purchases were buys nearly 41,000 at .50
I was looking at this a week or so go...Sure fell off the cliff...
had to sell..popped out at 11.5...Dang lucky day.
only 2000..nibbling at this
MM's filled me at the low .096...Gibe away day..
are these added to float... 1,200,000 warrs at 10 cents by Network 1 Financial Securities, Inc.
Anyone know the outstanding shares..are they still 7910566 float 709000.....PROT Security Details
Share Structure
Market Value1 $3,876,172 a/o Dec 12, 2012
Shares Outstanding 7,910,556 a/o Aug 20, 2012
Float 709,000 a/o Sep 30, 2009
Authorized Shares 240,000,000 a/o Nov 25, 2009
Par Value 0.0001
Shareholders
Shareholders of Record 188 a/o Apr 05, 2012
Security Notes
New Issue=7-97 1,200,000 shs at $4.50 & 1,200,000 warrs at 10 cents by Network 1 Financial Securities, Inc.
Capital Change=shs decreased by 1 for 37 split Pay date=10/03/2006.
Capital Change=shs decreased by 1 for 10 split. Pay date=08/21/2008.
Short Selling Data
Short Interest 3,657 (15.22%)
Nov 30, 2012
Significant Failures to Deliver No
Transfer Agent(s)
First American Stock Transfer, Inc.
looks like they dumped their 35 million
The winners are.. http://www.cmkmdiamondsinc.com/
March 27, 2012
TO ALL CMKM SHAREHOLDERS:
Greetings to each of you from company headquarters! I hope this update finds each of you and your families in good health and with positive outlooks. This update is being published to summarize the details and activities from my recent trip out West on CMKM business.
Since my last update on February 15, 2012 I have had the privilege to communicate with many shareholders by phone, e-mail, and text. I have enjoyed getting to know each of you, and to exchange information and thoughts about CMKM - it’s past, present, and future. I consider our large and diverse shareholder base to be one of CMKM’s biggest assets.
As a brief introductory statement, let me say that my recent trip was both fascinating and very productive. I made stops in Texas, Las Vegas, and multiple cities in California. I met with numerous people and looked at numerous properties on behalf of CMKM. I truly believe that the things I saw and learned, the people I met, and the seeds of progress that were planted will reap benefits for the company in the days ahead.
MEETING WITH LAW FIRMS WITH REGARD TO POSSIBLE NAKED SHORT ACTION
My first stop was in Houston, Texas where I met with two law firms – one firm that specializes in litigation with regard to naked shorting of specific stocks by brokerage firms. The meeting was attended by Bill Frizzell, who knows as much about the history of CMKM as anyone, and by an attorney from the second firm that specializes in securities law.
It is an understatement to say that the meeting was truly fascinating. The law firm specializing in naked short cases is indeed highly qualified, well financed, and has been successful in obtaining settlements for companies that have suffered from naked shorting of their stocks. Typically, a case of this type costs literally millions of dollars to bring to trial, and is usually worked by multiple law firms on a contingency basis. The case must be very strong in order to entice these high-powered law firms to sign on and expend the funds and effort to bring the case to trial.
There is little doubt that CMKX stock was naked shorted during the time frame the stock was being traded. It has been speculated that anywhere from 800 billion to two trillion phantom shares were sold into the marketplace by brokerage firms without shares in hand to cover the sales. However, we face a major obstacle in pursuing a naked short action due to the fact that the statute of limitations limits litigation of this type after five years, and CMKX stock was delisted over five years ago.
There are other avenues that may allow us to pursue this naked short issue in spite of the statute of limitations problem. The three law firms in attendance are studying how to best tackle this case, and will do everything possible to find a way – most likely beginning with a RICO action in a single state with favorable RICO statutes, and expanding from there if successful.
Although I am not at liberty to name the law firms involved, I am confident that we have some of the best legal minds in America chewing on this matter. I will provide more information to you as decisions are made in this pursuit.
WELLS FARGO LAWSUIT
While in Houston, I met with one of two additional law firms we have brought on board to assist with the Wells Fargo lawsuit. These two firms have been successful in previous cases against Wells Fargo Bank, and add much firepower to our case. Due to the fact we have an ongoing case against Wells Fargo, I cannot share more details at this time. However, I am confident that we have excellent representation, and am determined to make sure that our lawyers pursue this case with intensity and vigor to insure CMKM the best chance of recovery in this matter.
MEETING WITH MR. EMERSON KOCH
My next stop was Las Vegas, where I had the pleasure to meet Mr. Emerson Koch in person. He is a fine gentleman, and truly has a heart for the CMKM shareholder base. We are very fortunate to have him as our partner in the 1010 Joint Venture.
Mr. Koch has maintained the 1010 claims in good standing for several years at his expense, and has drilled core samples on the 1010 lands that are stored in his warehouse in Saskatchewan. The 1010 JV agreement calls for CMKM to put up substantial sums of cash at intervals to follow the terms of the agreement. However, CMKM has not had the capital to honor our side of the agreement to date. By rights, Mr. Koch could have walked away from this deal long ago, but has been extremely patient as CMKM management attempts to rebuild the company’s finances.
It is clear that all of us want to know what the core samples consist of – are they filled with diamonds and other valuable minerals, or are they worthless samples? Many shareholders have contacted me with questions as to why we haven’t tested these core samples, and the simple answer is that we have not had the funds to honor the terms of the 1010 agreement, or the funds to test the samples.
The 1010 JV is a critical piece to the puzzle for CMKM’s future. A few shareholders have offered to put up money to help with the cost of testing the samples. Well, the day is fast approaching when the opportunity to invest in the core sample testing will be available.
Mr. Koch and I agreed that he will get quotes immediately and put together a budget for the testing of the core samples, and I will find a way to raise the money to get the testing done. I have several avenues to pursue in an effort to raise the funds needed for testing, with the most logical being the offering of “preferred shares†to individuals willing to invest in this venture. I am investigating the legalities of offering preferred shares, and looking at other funding options, including private venture capital.
I will provide more information on this project during the online company meetings which begin in April. The good news is that we will may soon be testing core samples if the needed funds can be secured!
VISITS TO NUMEROUS PROPERTIES BEING PURSUED FOR RECOVERY
I personally visited and viewed various properties in Nevada and California that CMKM is pursuing through legal actions. These properties were purchased by former CMKM insiders, and the company hopes to secure title and ownership to these properties through the large judgments we hold against these insiders. Once the company gets possession of these properties, I will attempt to sell them to generate operating funds and improve the CMKM balance sheet.
I looked at every property that we know about at this time, but we believe that there are many more properties that we will uncover eventually. There is an ongoing, daily effort to locate these properties, much of which is done by shareholders investing their valuable time for the CMKM cause. I offer a hearty word of “thanks†to these individuals for their great work.
The properties I saw rank from C+ to A- in terms of salability, in spite of the weak real estate market that exists in most of the U.S. These properties are just another piece to the CMKM puzzle – we need the chunks of cash that each parcel could generate to stabilize and strengthen company finances.
I also took a long ride from Los Angeles into the sparsely-populated areas of southern California, and located a large parcel of land that is pledged as collateral against a loan made by a former insider to another company several years ago. Due to judgments against these insiders, CMKM is entitled to the proceeds from the loan repayment, which is currently in excess of $900,000, but is in default. I have instructed our legal team to pursue collection/foreclosure efforts diligently in this matter. Due to the anticipated litigation, I cannot comment further on this matter at this time, but will update you at the appropriate time.
VISIT WITH MR. AL HODGES
My final stop was to meet with Mr. Al Hodges and Mr. Dennis Smith. I felt that meeting with Mr. Hodges was a very important part of my trip, and I was pleased and thankful that both men took time to see me in spite of busy schedules.
Our meeting was very cordial, pleasant, and informative. I came away from the meeting more convinced than ever that Mr. Hodges believes in his cause with all his heart. I truly believe he has invested all of himself, his reputation, and his legal expertise into seeking a return for the plaintiffs, and ultimately all CMKM shareholders.
I informed Mr. Hodges of all the efforts that are ongoing from the company side to rebuild value into CMKM. He assured me that none of our company efforts are or could be a hindrance to his efforts for recovery. I offered my assistance if it is ever needed to help bring closure to his recovery efforts, and he assured me that he would let me know if I could help somehow.
I asked Mr. Hodges what he would want me to share or relay to the shareholders at this time. His response was that he feels very strongly that the long-awaited funds will be released very soon, and that the battle is nearly over. So, I am reporting this to you, the shareholders, per Mr. Hodges’ comments.
Please understand that I have no “inside†information one way or another. However, I truly hope and pray that Mr. Hodges prevails for the benefit of all shareholders.
UPCOMING COMPANY WEBINARS
I am planning a minimum of two (probably more) shareholder meetings in the month of April. I am in the process of getting the necessary training to host these meetings, so I cannot announce firm dates at this time.
The web meeting room will allow up to 1,000 attendees, and will be recorded and archived on the company website for those who are unable to participate in the live event. During these meetings I will provide updates on company activities, and then allow plenty of time for questions.
My hope is to continue increasing company transparency and building shareholder unity and trust through these meetings. I may not have the answer to every question, but will provide honest answers to the ones that I can answer.
Please watch the company website for firm dates and times for these meetings, plus instructions on how to sign up and participate.
SALE OF CLAYTON, GEORGIA PROPERTY
We have a firm contract on the 24 acre tract in Clayton, Georgia. The closing is scheduled for April 11, 2012. I will report more about this sale during the online shareholder meetings.
SUMMARY
My current business plan for CMKM is very simple:
1. Cut overhead to the bone and keep it low.
2. Bring in cash from any and all available sources – recovery and sale of properties, collection of funds owed, and ongoing/future litigation recoveries.
3. Raise funds for the purpose of testing the 1010 core samples.
4. Provide honest, accurate information to shareholders.
5. Build shareholder unity and trust.
Of course, I hope all of these efforts translate to the rebuilding of a viable, profitable CMKM, and a return to trading. I am passionate about providing a return to you, our shareholders.
If you believe in prayer, pray for the company and for me as I endeavor to rebuild CMKM. I look forward to speaking to many of you during the online meetings. Take care, and God bless….
Steve Kirkpatrick
February 15, 2012
Needs some meaty news
First sale for the day 777 @.0007.....Where do we go from here...
Good luck BillyCash...Took me 3 trading days to get 1 mil at .0004 thur fri last eek and mon this..
blundeful....Counting on that....
Still nibbling away to get my mil....not quite filled yet.
Shares are real tight...Put in an order for a mil @.0004. Only got a partial fill....
What would send us to the moon would be a big board listing...We get that hang on to your hat.
Re: ***Rumor Discussion Thread***
« Reply #104 Today at 8:10am »
--------------------------------------------------------------------------------
HArv's http://millionaires.proboards.com/index.cgi?action=recent
overlap: Honestly, IMHO from what I know and see, first become familiar with the Riot Act, the changes that are coming with a new currency for the USA in Treasury Notes WILL cause many to lose out on their secret stashes, for those wealthy will have to prove where their wealth came from exchanging into a new currency.
0verlap: That along will cause strife and riots in of itself. People in general keep on going as if there will be no change, business as usual. I have a news flash. USA IS BROKE since May 18 2011 and has already defaulted on its debts.
0verlap: How many other countries hold reserves in USD that will also be affected. Let's go one step further, how many drug cartels will be put out of business since they cannot prove where they obtained their funds, when there will be an exchange for the new currency.
0verlap: There is war coming to the streets of America, riots among many, even those who are wealthy now with hidden assets then to provide proof for exchange, many of those wealthy and elites will know what making a living is all about.
0verlap: The shoe will/is on the other foot now. Tough changes that will shake the USA. New look on Currency Notes, there is a huge change taking place globally on the financial markets.
0verlap: Global Reserve not US Dollar Reserve, control of creating money from nothing will be stopped. The world is on a collision course globally in the financial world and that affects EVERYONE THIS PLANET. Only way to stop this collision is a world wide global reset of the debt.
0verlap: Begin from scratch. Regulate the Bankers, each bank will be separate in their services from the other no more deregulation playing with tax payers, no more bail outs for banks.
0verlap: How do we fit into all this?What was found within our 1.9 million arcres of mineral claims was worth more money than you could imagine. When the geologist filed their reports what they had found, the reports went to the SEC and Wall Street.
0verlap: Naked Short Selling was in full swing, Wall Street and the SEC among other business elite wanted our property so much that they went over board naked shorting us into the ground.
0verlap: Their greed became obvious and signals went off for Robert Maheu and others within the Government. Had we not been NSS with the vast volumes of shares per day we would not be in a position we are now.
0verlap: We are very close to receiving what is due us, now after Obama signed off on the Dinar Tax Structure. We are now in position to receive what is due us as shareholders.
0verlap: Timeline I do not have though with the Dinar Tax Structure signed off we really are on a go to receive what we have been waiting for.
0verlap: The battle has been tough now it is time to haul away the dead giant, and life will slowly come back and new life will emerge. We are in good hands. Harv
Good Friday?? Who is running the world....All exchanges closed today..Even India which has 2.3% christian population...
WASHINGTON (MarketWatch) — A top U.S. securities commissioner on Monday said he was concerned about a recent wave in which private companies merge with shell companies as means of going public.
“This is a disturbing trend in capital formation and investor protection,” said Securities and Exchange Commissioner Luis Aguilar at an event hosted by the Council of Institutional Investors.
• See MarketWatch's
Aguilar, one of the SEC’s three Democratic commissioners, raised concerns about the trend of so-called “back-door” listings where a private company seeking to go public has its assets injected into a dormant shell public company and new capital is raised.
He noted that since 2007, there have been hundreds of such registrations in the U.S., including more than 150 by companies from China and in the China region. The Nasdaq has recently suspended trading in some of these companies.
MM manipulation
Until we hear something from the company if there is going to be one expect nothing..
Also read these usa economic stats..Pretty dismal..
#1 New home sales in the United States set a brand new all-time record low in the month of February.
#2 Only 19,000 new homes were sold in the United States during the month of February. The previous record low for new home sales during the month of February was 27,000, which was set last year.
#3 The "months of supply" of new homes in the U.S. rose from 7.4 months in January to 8.9 months in February.
#4 The median price of a new home in the United States declined almost 14 percent to $202,100 in the month of February.
#5 The median price of a new home in the U.S. is now the lowest it has been since December 2003.
#6 As of the end of 2010, new home sales in the United States had declined for five straight years, and they are expected to be lower once again in 2011.
#7 Now home sales in the United States are now down 80% from the peak in July 2005.
#8 New home construction starts in the United States fell 22.5 percent during the month of February. This was the largest decline in 27 years.
#9 In February, the number of new building permits (a measure of future home building activity) declined to the lowest level in more than 50 years. In fact, new building permits were 20 percent lower during February 2011 than they were in February 2010.
#10 There is a major glut of foreclosed homes that still need to be sold off. David Crowe, the chief economist for the National Association of Home Builders, recently told CNN that the constant flow of new foreclosures being put on the market is a huge hindrance to a recovery for new home sales....
"One of the biggest detriments to building new homes is the flow of existing foreclosed homes."
#11 The number of foreclosures just continues to increase. This means that those trying to sell new homes are going to continue to be competing against a giant mountain of foreclosed homes for the foreseeable future. An all-time record of 2.87 million U.S. households received a foreclosure filing in 2010, and that number is expected to be even higher in 2011.
#12 In fact, there are a whole lot of signs that there will be very high levels of foreclosures for years to come. For example, according to the Mortgage Bankers Association, at least 8 million Americans are at least one month behind on their mortgage payments at this point.
#13 A stunningly high number of Americans are "underwater" on their mortgages right now. This could lead to an increase in the number of "strategic defaults". 31 percent of the homeowners that responded to a recent Rasmussen Reports survey indicated that they are "underwater" on their mortgages, and Deutsche Bank is projecting that 48 percent of all U.S. mortgages could have negative equity by the end of 2011.
#14 The truth is that the U.S. doesn't need a whole lot of new housing at the moment. Right now, 11 percent of all homes in the United States are currently standing empty.
#15 Mortgage lending standards have become extremely tight. Back during the housing bubble, almost anyone that was breathing could get a zero-down mortgage. Today, mortgage lenders have made it extremely difficult to acquire a home loan, and it is quite typical these days for lenders to demand down payments of 20 percent or more. This is dramatically reducing the number of home buyers in the marketplace.
#16 American families cannot buy homes if they do not have good jobs. Unfortunately, it has become extremely difficult to find a job in the United States today. This is especially true if you are looking for a good job. It now takes the average unemployed worker in America about 33 weeks to find a job.
#17 There is not going to be a jobs recovery until the overall economy improves. Unfortunately, the price of oil continues to rise dramatically and economic disasters all over the planet threaten to plunge the global economy into another major recession.
#18 On top of everything else, perceptions regarding home ownership are shifting in the United States. In 1996, 89 percent of Americans believed that it was better to own a home than to rent one. Today that number has fallen to 63 percent.
http://www.finra.org/Industry/Regulation....A+Rule+Filings)
Quote: There’s 3 new laws gaining attention in the NSS market reform arena: FINRA 4320 goes into effect on 2/28/11. It mandates 13 day buy-ins for open delivery failures FINALLY applying to shares of non-reporting corporations. FINRA 2010-043, also starting on 2/28/11 reinstates the “short sale exempt” (SSE) marking requirements for trade reporting and the OATS system. Those MMs accessing the bona fide MM exemption from executing pre-borrows or “locates” before admittedly naked short sales must now FORMALLY acknowledge the accessing of that universally-abused exemption. Being that these trades are theoretically being made to “inject liquidity” then the excuse to hide the related trade data from the public’s eyes goes out the window. You can’t have it both ways and claim the bona fide MM exemption and later claim that the related trade data needs to be kept secret because it might reveal a “proprietary trading strategy”.
Truly bona fide MMs that are able to legally access that universally-abused exemption cover their naked short position on the next downtick after their short sale when buy side liquidity is in need of being ejected as share prices fall. The 3rd new rule which is in effect now states that the offers and bids that MMs post must be of approximately the same size. No longer can the offers be of 1 million shares and the offsetting bid good for the minimum 5,000 shares.
The verbiage in 4320 is especially well done as it FINALLY puts the clearing firms that aid and abet this crime wave on the spot. With the FFETF, which is made up of 25 different agencies, now on the scene the transparency has increased markedly. You can imagine how critical the lack of transparency is to a crime involving selling nonexistent securities and then refusing to ever deliver that which you sold AFTER being allowed access to the funds of the investor being defrauded.
Here are the links to the rules SR-FINRA-2010-028 and SR-FINRA-2010-043:
www.finra.org/Industry/Regulation/RuleFilings/2010/P121522
Notice the part I marked in bold in the quote above:
"FINRA 4320 goes into effect on 2/28/11. It mandates 13 day buy-ins for open delivery failures FINALLY applying to shares of non-reporting corporations."
AS is 100-500 million? OS 1 Bill. Merge with small company worth 500 mil to a bil..Could easily see the dollar world..
We need a new business plan to push us to pennyville...
MM's are good at MAKING UP shares......