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More invested than ever sniper. We will triumph.
$WRFX
BMIC no longer MM for Alpine. May end their life as a business.
SEC ruling. Micro cap dilution ending. Starts with Alpine Securities.
Exactly. Micro cap freak out to commence tomorrow.
Alpine says no more dilution.
Let's see how quickly they can find a new clearing house and MM.
That mega BMIC dump is either Apollo decided to get in on the action and do 13% dump(20m) while BB did the 28m Or if Apollo maintained the 5% clause(which I doubt they did on a day like today) BB did 26% dumpage.
A 31% of total volume traded dump is the mother off all dumps I've seen here.
31% t trade dump today. Mega.
Looks like they upped it before shutdown?
How so did Alpine lie? Explain
Great idea ready. Looking into. Thanks.
$WRFX
Ok. What's the latest t trade you've seen? Curious what that is here for WRFX
2Have, was it you that said Alpine was old news yesterday?
It appears quite relevant and timely news.
Here is the email response I got today
Because of recent developments Alpine’s operations will need to know how many shares of which stock you plan to trade (starting Friday) before we can place the trade. We can try to get approvals the day before, after the market closes. We will need to place an order for the shares we do get approved. Unfortunately, we are unable to reserve shares without placing a trade. I hope this makes sense. If we get pre-approval the prior day, you will need to call the following day, in the morning, to actually place the trade with a broker. The trade must be placed soon after the market opens.
We are only able to allow up to 20% of the 20-day average daily volume of the particular stock you’d like to sell over a 2 day span. However, this is firm wide. Therefore, if someone else is trading the same stock as you we may not be able to allow you to sell 20%. It depends on what has already been approved if anything at all.
Please see below and attached:
Trade Approval – please send this to pretradeapproval@alpine-securities.com with all columns completed for each stock you are looking to trade. We will need this every time you plan on trading. If you plan on sending this request on the previous day please do not send until the market has closed. Also, we will no longer be able to place GTC orders or any orders below $0.01.
*** If we are able to get an ex-clearing market maker back we will be able to take GTC orders and take stocks under $0.01 again. But until that happens (if it happens) we are only able to do day orders and at $0.01 and higher.
On a side note:
Alpine Conversion Tracker – please include this tracker along with all your deposits moving forward. We are attempting to have all clients use the same template.
That's what Alpine told me. Now the caveat is they may to reconfigure but not with Alpine. They'll need to find another clearing house to work with. And the restrictions on pennies is getting expensive.
Who is BMIC?
Deal this month is what I'm seeing on the tweet from Mick.
No. You get a Reg A+ and sell responsibly to the market.
But the relationship between Alpine and BMIC is dead.
My understanding is that Alpine will clear them out what they have but with those serious anti dilutive measures. It's going to be too expensive upfront for clearing houses to handle sub pennies.
You know who Apollo and Blackbridge are?
But, remember it's not up to BMIC. They are just a MM. It's up to Apollo and BlackBridge.
Let's see. That's what Alpine told me.
#NDA #LOI #MOU #Contract #Revenue #Profit These are our metrics for success. Accept no substitute or rumors. We are working hard to meet our own measures of succes. It is that important. $wrfx #Parano
#AprilShowers We are deep in discussion about closing some deals this month to license the Paranotek Protocol while trying to finish our demonstration Instant Message app.
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Market News:
BMIC DEAD
Most convertible debt utilizes Alpine as the key broker to clear trades. For an interim period, Alpine is no longer clearing these debt conversions on most microcap s
REG A Filing Update: We are required to add in 1st Qtr financials, which will be filed on OTC this week, and the Reg A anticipated to be filed first of next week.
Nicely done Butcher. Adding a few here today as well.
25m left for bmic.
Yeah. Well soon our taxes will be higher than last years income.
And because Reg A funding!
dilutive penny machines are going to all dry up and sub penny traders will flock to sub penny companies w financing. That’s us!!
I know the feeling. I’m scrounging some up today. This is LOADING ZONE FOR LONGS. What a nice surprise this Alpine/BMIC news is. People are afraid to believe it. This is where we make money. Deep DD before the masses figure it out.
BMIC has been dumping all day today. It’s like the crazed, soon-to-be ex-wife cashing old checks that she told you the banks declined because of your bad signature.
Right!
Cybersecurity has superseded the buzz of crypto currency of last year.
This is the year of privacy and Cybersecurity
Yes. I also suspect but have not confirmed that Apollo and Blackbridge use Alpine. Alpine Would not divulge such information. But From what I have uncovered in my research it appears that Alpine is the main clearing house for sub pennies. If true. Any shares of theirs still with alpine will clear very slowly. It also would mean they will have to attempt to find another clearing house. But that could take weeks maybe more and with this SEC ruling to Alpine, other clearing house will have to follow in suit.
I think what it means is today is BMICs swan song. Buh bye dilution. Buh bye bid whacking for cheaper conversion rates. Hello reg A.
Alpine also confirmed on the phone that they will no longer work with BMIC and that BMIC is likely dead. New regulations will make it virtually impossible for massive dilution schemes because of the massive upfront capital needed to clear. Buh buy dilution scam sub pennies.
Here’s the email I got from Alpine:
Because of recent developments Alpine’s operations will need to know how many shares of which stock you plan to trade (starting Friday) before we can place the trade. We can try to get approvals the day before, after the market closes. We will need to place an order for the shares we do get approved. Unfortunately, we are unable to reserve shares without placing a trade. I hope this makes sense. If we get pre-approval the prior day, you will need to call the following day, in the morning, to actually place the trade with a broker. The trade must be placed soon after the market opens.
We are only able to allow up to 20% of the 20-day average daily volume of the particular stock you’d like to sell over a 2 day span. However, this is firm wide. Therefore, if someone else is trading the same stock as you we may not be able to allow you to sell 20%. It depends on what has already been approved if anything at all.
Please see below and attached:
Trade Approval – please send this to pretradeapproval@alpine-securities.com with all columns completed for each stock you are looking to trade. We will need this every time you plan on trading. If you plan on sending this request on the previous day please do not send until the market has closed. Also, we will no longer be able to place GTC orders or any orders below $0.01.
*** If we are able to get an ex-clearing market maker back we will be able to take GTC orders and take stocks under $0.01 again. But until that happens (if it happens) we are only able to do day orders and at $0.01 and higher.
On a side note:
Alpine Conversion Tracker – please include this tracker along with all your deposits moving forward. We are attempting to have all clients use the same template.
————-
***Alpine charges deposit fees to deposit stock. Please see the fee schedule below.***
***Debits must be paid within 30 days. Alpine brokers reserve the right to sell off enough shares to cover outstanding debits if they are not paid within 30 days of occurrence.***
*** There is a $75 minimum commission on all trades.***
**Please see our FEE SCHEDULE below for ALL applicable fees. Included are stock deposit fees:
http://www.alpine-securities.com/alpine-docs/Alpine-Fee-Schedule.pdf
**COMMISSION FEE SCHEDULE:
http://www.alpine-securities.com/alpine-docs/Alpine-Commission-Schedule.pdf
**NON-DTC ELIGIBLE POLICY:
http://www.alpine-securities.com/alpine-docs/Alpine-Non-DTC-Eligible-Policy.pdf
Last day of dumping today. Bmic dead. Reg a better non dilutive terms and minimal discount on share price.
Angel investors to bridge the gap from now until reg a funding available.
I called Alpine today. Confirmed.
BMIC dead. Last day.
ALSO. No rules for Alpine. Very slow sells on convertibles.
Oh BMIC, we will miss you here on WRFX diluting us day in and day out.
NOT. BUH BYE BMIC. DUMP THOSE SHARES TODAY. LAST DAY. BWAHAHAHA