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something like this
There's absolutely NO NSS happening here
a bundle on no volume? you must mean some other sub penny
Let's give a round of applause for gregg... Again I'm going to inform you it is very hard to verify or audit biz in / with China with any amount of integrity and many pennies take advantage of that loophole
R U Kidding me? ...so out of touch
did you call any wineries to verify CAGR is doing actual business on any scale with those PR'd as part of a competent DD strategy...there you have it
It's been out there for the longest time in the pinks that when ever it involves the Chinese; numbers, reverse mergers, or just business in general with Chinese - it's less than truthful and very hard to audit or verify
You put on a good show & make it sound like I've not read the BS besides the BS....show me the man & I'll show you the company...and for all the wishful thinkers - all that's out there is a wishful prediction
In these pennies Attorneys sign off on financials because they "appear in order" ... most are still unaudited
undervalued according to what audited value other than PR gibberish?
SPLAT! [the last CAGR sound heard followed by low or no interest / volume]
SPLAT! [there's that TTDZ SOUND EFECT again BxA 1X2]
it all comes down to character & integrity not money
yes, but over in the DC court; a result of the fight over what was purchased and what was not between FDIC & JP Morgan Chase
lots of smoke & mirrors put in place by the players...the system itself is still fine - it goes back to the character & integrity of the players in the WAMU BK case
well yes, they are... those who flipped from day 1 of BK, most in the money long before any failed prediction of outcome resulted; still a winning formula
I heard the opening comes under the heading "Wishful Thinking"...and Santa is checking his naughty list
ooops....but you know mostly everyone is flipping, right? Whether they admit it or not
the system is fine ...Judge Mary W could have issued an order ...unfortunately it's still in the hands of those who find the means to justify their end; this is not Venezuela ...yet
I disagree ...the system is fine, the flaw lies within the level of character & integrity of those that play the system; even within the judicial level
I stand with the simple truth
It’s the judges job to separate crap “A” from Crap “B”, “C” “D” but… friends, cronyism , associates, politics, campaign contributors = corruption, theft
It is what it was
SPLAT ! [TTDZ sound effect]
add another 0 [.0003] it will fill in a second
round & round again
Well I assure you they're not telling you everything...the information is sound and correct
Monica Murray
Apex Client Services, TD Ameritrade
Division of TD Ameritrade, Inc.
The letter is straight from Penson...other peoples research LMAO ...
Oh really? Apex is Penson is Division of TD Ameritrade, Inc. - self clearing
Sincerely,
Monica Murray
Apex Client Services, TD Ameritrade
Division of TD Ameritrade, Inc.
Well here's what she is not telling you about chill...yea chill lol
Apex Clearing (formally Penson Financial Services, Inc.)
PENSON ~ Follow up
Important Notice to All Correspondents – New Low Priced Securities Deposit Policy
In recent months, the depositories (DTCC/NSCC) have exponentially increased the requirements associated with the trading of illiquid securities. Their rationale is based, in part, in the inherent volatility in the price of these securities in addition to the fact they are often very low in price. They are also concerned when a trade in an illiquid security is relatively large when compared to the security’s historical trading volume.
To date, Penson Financial Services, Inc. (PFSI) has allowed trading in illiquid and very low priced securities within certain prescribed guidelines in an effort to accommodate our correspondents. We have also, to a large degree, absorbed the substantial additional requirements associated with these trades, which have not been fully passed through to the correspondent.
Also, the regulatory community has recently become more focused on the deposits of physical certificates, particularly those that trade on the Pink Sheets or OTC Bulletin Board. The securities industry has experienced a significant spike in fraudulent transactions related to reduced valuations or non-existent or fraudulent transfer agent services for sub-penny securities. In addition, the potential for the use of these types of securities for money laundering or investor fraud are also of serious concern. As a result, the regulators have increased their scrutiny of transactions in these types of securities.
The combination of the deposit of a physical certificate and a subsequent trade in that security, which the depository has deemed to be illiquid, can result in exceptionally large requirements from the depository.
The risk deposit formula is based in part on liquidity and concentration and is also reflective of current regulatory and depository risk perspective of trading in low priced securities. In some cases, the deposit requirements exceed the value of the underlying trade by more than 100 times. For example, the depository requirement for one unsettled trade in an illiquid security done recently was $1.2 million, while the value of the underlying trade was less than $10,000.
After careful analysis and strong guidance from our regulators, and in response to the exorbitant additional requirements imposed by the depositories, we are modifying our policies to reflect a dramatically changed industry landscape.
Accordingly, effective immediately, PFSI has instituted the following changes to its securities processing policies.
PFSI will no longer accept deposits of equity securities traded on the Pink Sheet or OTC Bulletin Board markets priced below $0.10, to include but not limited to, utilizing the following methods of deposit:
1. Any form of Physical Certificate Deposit
a. Through the Penson SPS application (Securities Processing System)
b. Through the Transit System (TNST)
c. Via Mail
2. DWAC (Deposit/Withdrawal at Custodian)
3. DRS (Direct Registration Service)
4. ACAT Transfer of Restricted Stock -although, we will continue to accept deposits of certain low priced securities without any restrictive legend via ACAT, we reserve the right to reject any account that has a concentration of low priced securities (Penny Stocks).
To the extent that PFSI has received qualifying certificates that have not been processed, we will return those certificates to you immediately.
We are also reviewing ongoing trading activity in accounts with large, low priced securities positions, especially positions established by the deposit of certificates in some way. On a case-by-case basis, we may be restricting sale activity in such accounts, or even closing accounts when necessary.
PFSI recognizes that these new requirements pose certain challenges, however this decision is not negotiable. Our policy to cease processing deposits for these securities is an effort to reduce the exposure to both PFSI as well as its Introducing Broker-Dealers correspondents related to these securities.
To the extent you have questions, please contact your Relationship Manager for assistance.
Thank you,
Penson Financial Services, Inc.
Brokerages that use Penson as a clearinghouse - may not allow trading of certain pennies, or charge exorbitant fees
Here read what he said again
Not much time before a billion insider shares start hitting the market
SPLAT [CAGR sound effect]
Here read about your outstanding co - All the answers are here; debt, convertible notes, loans, mediocre partnerships, mediocre agreements, licenses
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8726901
Here are the only Principles of Mass Hysteria
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=yAuRBU9FyxYEYXoQkprLKA%253d%253d&nt7=0
Director Treasurer Secretary President - DANIEL GRODNIK
http://www.imdb.com/name/nm0342841/
Director - ALAN J BAILEY
http://www.hsifilms.com/alan-j.-bailey
http://www.aoffest.com/2010-abailey-award.html
Here’s what the supposed hoopla, sorry – hysteria, is all about; but remember just last year people were mass hysterical with 3-D which has since fallen off the map, not completely but fallen off just the same…
SPLAT [TTDZ sound effect]
Class 22 who held shares of common stock issued by WMI prior to September 25, 2008, will receive 0.00076346 of a share of the Company's new common stock for each share of WMI common stock they previously held
As a previous Preferred Shareholder I lay claim to that....priority rules...lol
the big ? is whether she'll have any small run at all before she dies...imo
Moderator - please sticky this post as an update .. post# 70841
go figure