I am always listening for good opportunities... let me know if you got one!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I am still here.... did ya miss me?
Franky, its a pink... you never know...you just never know.
someone probably typo'd and bought into the wrong company.... it should correct itself tomorrow.
Psst.. frank.... how many shares you holdin? You show me yours, I'll show you mine.... (wow, that sounds gay!)
Well, you have to give them credit..... They know how to make money.... out of nothing.
It is getting a little nerve wracking out there for the pinky ceo's.... heed the warning....
WESTMINSTER, Colo. (AP) -- The Securities and Exchange Commission asked a district court judge to order Universal Express Inc. Chief Executive Richard Altomare and counsel Chris Gunderson incarcerated until they obey an April court order barring them from being involved in penny stock sales and ordering them to pay $21.9 million.
The SEC, which made the request last Friday, also wants the two in jail until they account for the sale of almost 21 billion shares in unregistered stock issued so far this year.
Arthur Tifford, a lawyer for the New York-based delivery company, Altomare and Gunderson, was not immediately available to comment Monday.
Universal Express in a press release Monday said the SEC's "unwarranted attacks" are an attempt by the commission to clamp down on the company and others who have complained about so-called naked short selling.
Short sellers typically borrow shares to sell them, hoping that they will be able to replace them with shares bought at a lower price later. Trading without a borrowing agreement is called naked short selling.
It all began almost four years ago, when Universal CEO Altomare started blaming naked short selling for his company's failing finances.
By March 2004, investors learned from the SEC that Universal Express, Altomare and Gunderson had illegally sold some 500 million unregistered shares into the market, using erroneous press releases to support the company's stock price.
Universal Express unsuccessfully argued that it could sell unregistered stock under a bankruptcy code exemption.
Earlier this year, a federal judge in the Southern District of New York sided with the SEC, finding that Universal Express, Altomare and Gunderson violated securities registration and antifraud provisions. The judge enjoined the defendants from further violations and barred Altomare from serving as an officer and director of a public company.
According to the SEC, Universal Express has continued, despite the judge's order, to sell billions of unregistered shares into the market.
But the proverbial gig might soon be up for Universal Express, Altomare and Gunderson.
On Friday, the SEC filed a motion for entry of civil contempt, asking federal judge Gerald Lynch to jail Altomare and Gunderson until they both cease selling unregistered stock. The SEC also asked that Altomare remain incarcerated until he obey the order barring him from acting as a director and officer of a public company.
The commission also requested that the judge fine Altomare $220,000 for his failure to resign as an officer and director, as well as fine Universal Express $2,500 for each day Altomare remains as an officer.
According to the SEC, Altomare instructed Universal Express's transfer agent to issue 15.5 billion shares to third parties after the April 2 court order barring him from doing so. The SEC also said in its court filing that Altomare increased the company's number of shares authorized from 22.9 billion to 41.8 billion. The commission also argued that Gunderson was a necessary participant in the stock offering, preparing instructions and opinion letters submitted to Universal Express' transfer agent.
The commission asked Judge Lynch to set a hearing on its contempt motion, as well as a motion it filed late last month to appoint a receiver for the company.
The joint venture.... I think they already went on the venture and smoked them.... BC Bud I believe....
What are 411 and 911 buys indicators of?
Or is that malarky?
WOW... aren't you the positive one today....
If I recall , you used to think this was the cat's meow! What made you so bitter?
Smacking the 3's.... you mean 3 shares?
What happened to the volume?
What would you do with that money.... really... it would be more of a burden than anything.
Money does not equate to happiness.. never does, never will.. it only breeds greed and desire. (not saying greed and desire are a bad thing)
If you have 100 million $'s, you would want 101 m's, the 102 m's.... it never stops, until the end.
There is my preach for the day... until I get into the beer...lol...
Good luck filly.
Calm before the storm....
25% = $25,000 ?
Wow, frankie... that is a lot of koolaid!
Agreed.... websites are nice, but they are pointless to shareholders when the dumping of shares line pockets.
We shouldn't jump to conclusions, but in the pink world, it is all to easy for the companies to take advantage of the piggy bank.
What we need is the company to 'shut us up' by putting out some 'concrete PR's' showing that they are making a company, and not taking us.
please supply the link... Tia
STEPHAN!!!! GO TO WALMART WITH YOUR PRODUCT!!!
If I could yell this from the tower tops, I would..... But the al'quada knocked down the towers....
Depends, if your JV means 'justifiable vacation' then we probably will.... (justifiable in thier heads)
It makes more sense to spend the investors money with 2 PR firms, that way it is easier to embellish records..... You know what I mean...
ALIMO...
Was there not a mention at the web meeting that openness and disclosure would be better in the future? I think I read something of that in prior posts.... If that is the case, why have the rescinded on that statement?
Anyone with subject knowledge please reply.
Just out of curiousity, were you at the last IMJX shareholder meeting?
Does this company have a clue on how to produce PR's.. or is there such a lack of news that there is no qualification for a PR?
Not only has paint drying been more entertaining, but the snail has now officially lapped IMJX 3X's over!
No sweat my friend... I am actually Canadian, so there may be some overlap in British/Canadian vocabulary. Rumor is that there is a rumour.... lol
Crazy stuff... it is this kind of manipulation that makes one pull out hair.
Yes, but the volume is way too low... I can't see PPS sustainment for the duration... .we need a 'knock your sox off' PR....
LOL.... no, but why do you ask?
My friend... MM's set the price unilaterally because they want to, or they don't want to.... Welcome to pink manipulation.... they will run on hype... no question about it, but they will also pull it down if they are so inclined to.... the old saying, 'buy on rumour - sell on news' really has no relevance here whatsoever....
IMO... my observations only....
Cheepo...
BTW.... this is a good thing... when the MM's are ready to go, get ready for 10% 100% 1000% 10000% 100000%+ runners... they have the resources and ability to make this happen, we on the other hand, can only watch the parade.
Could this be it??????
The contract we have all been waiting for!!!!
Is this the 'motha load'????
Sorry, just feeling excited, which has now passed, and I am good for another 6 months....lol
What is wrong with harry? I don't see much wrong with what he has done.... this is a dead horse. Only when the MM's want to move it, is when it will move, and harry can't do much about it....
Thoughts
SW.... be nice... .you sold out and said you wouldn't look back... .now it seems like you want back in!
Yup,,,, they sit back and watch the seconds trickle by on the ticker and wonder why they aren't richer by the minute.... while the company is slugging away trying to make deals. Oh the humanity!. lol
Cheepo
Thanks Cat...
I just don't understand why some people would call and blast IR people when they only know what they know...
Some people have patience that of a flea.... and brain capacities that are even less....
OK, thanks.... I wasn't sure if it was the holidays being refered to as off topic.... stoopid me...
Cheepo
Stock, who are you refering that comment to?
TIA
Cheepo
Good one strongus.... good one....
I picked up a few shuckles yesterday myself... averaging down nicely.
You need to go to McDonalds to get that 'I'm lovin it' feeling... here all you will get is the 'I'm damn retarded for watching the PPS drop to the ground' feeling....
IMO
Mr Rabbit.... anything new down the rabbit hole? We lost some serious ground here.... and it appears like we are back into the same ole' CMBV days?
Fill us in when you have a chance...
Thanks Rabbit.
So you hang around stocks that you recieved mailers from to bash them?
No need to answer, I am just trying to figure out what goes on in the mind of someone who has time to bash stocks they have no interest in.... it appears to be an obsession.
relax, you are getting to up tight, and its not good on you.
Sell out, and run to a big blue. There you have a guarantee that the company will not be doing any crooked dealings..
I hate dilution, but what is posting it over and over on a message board going to help...
Take care fillie, I think you are getting too frustated.
Who will win the next election.... I bet it won't be Bush...lol
Mr Fillet... you are too negative for your own good my friend.... you need to relax, or try big blues.
This is a PINK sheet stock.... (a lighter shade of RED, which means DANGER)
Not everyone is meant to invest in these pinks, especially the ones who are afraid to part with thier money. They are best suited for a GIC at 3-4% per year.
If you want to play the pink, understand the inherant risks associated with such. There are NO GUARANTEES in any stock, and pink have an additional risk, there is not rhyme nor reason for them to run or fall.... they are strictly speculation vehicles to roll the dice with.
I know you know this,,,, and I don't mean to be an educator, as I am probably the stupidest one on this board, but please try to hold back some of your animosity to this stock, as it will only harm your well being and health...
GLTY and I hope you make a fricken killing elsewhere.