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They really should.
You're welcome. DVME has been good to me several times in the past.
You don't have to phone in orders if you have Fidelity.
Expect no changes until Monday at the earliest.
Well the CEO is a different matter. Now, THERE'S someone who should be "revoked". ;0)
Sounds good to me. This stock has been good to me in the past on several occasions, and I would have no objections to seeing a repeat.
"Revoked" would mean that MSTF is no longer a stock. If it were revoked it would no longer appear in our portfolios. But it does. It hasn't been revoked. It is still a stock. That's all I'm saying. It's on the grey market, so it has no market makers at the moment. If people want to say that it will never trade again, they may be right. But they may be wrong. Stocks do trade on the grey market. And it's not common, but stocks do sometimes come off the grey market as well. I'm not saying this one will. I'm just saying it's not revoked.
The term "revoked" refers to something else. This stock isn't revoked.
MSTF hasn't been revoked. It was suspended for ten days. Now it's on the Grey Market. It can still trade as other Grey Market stocks do.
http://www.otcmarkets.com/stock/MSTF/quote
The final trade today was 12,345 shares, bring today's total volume to 777,777 shares. Clearly it's a MM signal. It means "nothing".
Or not.
There's still two minutes until market close. Anything could happen.
I like the part that reads: "We are working on developing JOINT ventures with lenders and property owners to create a full in house team for real estate purchases and rentals." ;0)
PRDL News
http://www.marketwired.com/press-release/prdl-announces-maps2weedcom-is-live-pinksheets-prdl-1927741.htm
PRDL Announces Maps2Weed.com Is LiveProfitable Developments Inc. Takes First Steps in to the Market With MMJ Portal
MARKET WIRE 9:45 AM ET 7/8/2014
NEW YORK, NY -- (Marketwired) -- 07/08/14 -- Profitable Developments, Inc.(PRDL) , announced today, that the much awaited launch of maps2weed.com is over and the site has gone live. The launch was set to coincide with the beginning of weed sales in Washington State and the legalization of medicinal marijuana in New York State.
The site, www.maps2weed.com, will serve as our new platform for the company's expansion into the Medical Marijuana industry. The ultimate purpose of the website is to link the MMJ industry with suitable real estate deals, offering the industry a place to seek out information on properly licensed premises and giving access to acquire them. It will act as the 'go-to place' for those seeking the right place to do business.
The platform will initially be tapping in to the MMJ community by being a repository of essential information and allowing them to search locally for suitably qualified doctors and dispensaries. Following the success of the platform 'Weed Maps,' a company that is estimated to top $30 million in revenue this year (http://mmjbusinessdaily.com/weedmaps-will-earn-more-than-30-million-in-2014-founder-says/) the Profitable Developments(PRDL) portal will go one step further and, whilst offering a similar service to the client base, will build on Weed Maps' success by linking in the right property deals offered to the profession as well.
Maps2weed aims to help make this industry a safe and profitable place to do business. The portal will give the MMJ industry a single 'Go-To Place' for all parties to interact and also provide a key outlet for Profitable Developments(PRDL) to do business with property investors looking to legally enter this market and remain compliant with the various State legislation that surrounds this complicated market.
Carl Grant, President of Profitable Developments(PRDL), commented, "We highly anticipate our site becoming the premier go-to site for people seeking legitimate marijuana suppliers; and for suppliers to find appropriate real estate to house their operations. Data loading continues and we hope that the community will find it increasingly useful." Mr. Grant also noted, "We are working on developing joint ventures with lenders and property owners to create a full in house team for real estate purchases and rentals. I am highly focused right now on increasing shareholder value."
About Profitable Developments, Inc.(PRDL)
Profitable Developments, Inc. (PRDL) is a Property Development Company listed on the OTC markets as a Current Information Company. Specializing in key locations globally in both underpriced land as well as in Property, the Company has an aggressive strategy to capitalize on the rising prices of Real Estate.
Forward-Looking Statements
This press release may contain forward-looking statements, including information about management's view of Profitable Developments, Inc.'s(PRDL) future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Profitable Developments(PRDL), its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on Profitable Developments'(PRDL) future results. The forward-looking statements included in this press release are made only as of the date hereof. Profitable Developments(PRDL) cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Profitable Developments(PRDL) undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Profitable Developments(PRDL).
Contact:
Profitable Developments, Inc.(PRDL)
info@profitabledevelopments.com
Web: www.profitabledevelopments.com
NEWS
http://www.marketwired.com/press-release/prdl-announces-maps2weedcom-is-live-pinksheets-prdl-1927741.htm
PRDL Announces Maps2Weed.com Is LiveProfitable Developments Inc. Takes First Steps in to the Market With MMJ Portal
MARKET WIRE 9:45 AM ET 7/8/2014
NEW YORK, NY -- (Marketwired) -- 07/08/14 -- Profitable Developments, Inc.(PRDL) , announced today, that the much awaited launch of maps2weed.com is over and the site has gone live. The launch was set to coincide with the beginning of weed sales in Washington State and the legalization of medicinal marijuana in New York State.
The site, www.maps2weed.com, will serve as our new platform for the company's expansion into the Medical Marijuana industry. The ultimate purpose of the website is to link the MMJ industry with suitable real estate deals, offering the industry a place to seek out information on properly licensed premises and giving access to acquire them. It will act as the 'go-to place' for those seeking the right place to do business.
The platform will initially be tapping in to the MMJ community by being a repository of essential information and allowing them to search locally for suitably qualified doctors and dispensaries. Following the success of the platform 'Weed Maps,' a company that is estimated to top $30 million in revenue this year (http://mmjbusinessdaily.com/weedmaps-will-earn-more-than-30-million-in-2014-founder-says/) the Profitable Developments(PRDL) portal will go one step further and, whilst offering a similar service to the client base, will build on Weed Maps' success by linking in the right property deals offered to the profession as well.
Maps2weed aims to help make this industry a safe and profitable place to do business. The portal will give the MMJ industry a single 'Go-To Place' for all parties to interact and also provide a key outlet for Profitable Developments(PRDL) to do business with property investors looking to legally enter this market and remain compliant with the various State legislation that surrounds this complicated market.
Carl Grant, President of Profitable Developments(PRDL), commented, "We highly anticipate our site becoming the premier go-to site for people seeking legitimate marijuana suppliers; and for suppliers to find appropriate real estate to house their operations. Data loading continues and we hope that the community will find it increasingly useful." Mr. Grant also noted, "We are working on developing joint ventures with lenders and property owners to create a full in house team for real estate purchases and rentals. I am highly focused right now on increasing shareholder value."
About Profitable Developments, Inc.(PRDL)
Profitable Developments, Inc. (PRDL) is a Property Development Company listed on the OTC markets as a Current Information Company. Specializing in key locations globally in both underpriced land as well as in Property, the Company has an aggressive strategy to capitalize on the rising prices of Real Estate.
Forward-Looking Statements
This press release may contain forward-looking statements, including information about management's view of Profitable Developments, Inc.'s(PRDL) future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Profitable Developments(PRDL), its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on Profitable Developments'(PRDL) future results. The forward-looking statements included in this press release are made only as of the date hereof. Profitable Developments(PRDL) cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Profitable Developments(PRDL) undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Profitable Developments(PRDL).
Contact:
Profitable Developments, Inc.(PRDL)
info@profitabledevelopments.com
Web: www.profitabledevelopments.com
I tried another experiment today. Using Fidelity online I put in a buy order for one million shares at .0002. It took a couple minutes to fill, and Fidelity filled it at .0001. That is of course what Fidelity would do with any pink sheet stock. They always try to give you the lowest possible purchase price, regardless of what price you requested.
What puzzles me is that SMAS is trading like any pink sheet stock. But of course it is on the gray market, not the pink sheets. Supposedly gray market stocks have no market makers, and only trade when a broker finds a buy and a sell order that match exactly. But as I found out not long ago, I can put in a buy order for any number of shares, and it will fill. And now today I see that Fidelity will even adjust the pps of the order as they will on any other stock. And just like my other SMAS buys, today's trade was routed through the market maker Knight Equities (NITE). So I can see no practical difference in the way SMAS trades from stocks that are not on the gray market. So I don't get it. Aside from the stigma of being on the gray market, how is this stock disadvantaged if it trades just like any no-bid stock on the pink sheets?
For reference here is the link to my previous post where I described my earlier buy orders.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100073344
Power hour!
I know. So was I. No such luck in SMAS land.
You can do it on Fidelity, but the catch is that it still requires someone willing to buy.
Did you say hemp oil?
A trade of 200,000 shares just pulled the pps back up to .0001.
So am I.
11,600,000 shares just traded somewhere below .0001. Who knows why.
Yes it is. On the gray market if brokers find a buy and a sell order that match exactly, they can execute the trade. Of course your broker or brokerage must allow you to place orders on the stock in question. Fidelity allows orders to be placed on SMAS when the current pps is at least .0001, and will execute trades. I executed several test buys not long ago, and found that trading SMAS shares was easier than expected. Supposedly Gray Market stocks have no Market Makers, but my trades were routed through NITE (Knight), just like on the Pink Sheets. I have to say I find that very intriguing. See the link below. But for you to sell there has to be someone willing to buy, and that's the rub.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100080666
Yes, the company has been written off more than a few times. In fact we were told here on the board in no uncertain terms that a lawyer claimed Aronstein produced a document in court saying the company would be dissolved within six months. But that was more than six months ago, and nothing has changed. Somatics training continues. The website remains operational and active. Items can still be purchased online through the Somatics Shop. The stock hasn't been delisted, and shares continue to trade on the gray market. Nothing has changed, except that the fees required for reinstatement with the Nevada SOS go up each year.
He wasn't dreaming. 10 million shares traded today. Must have been below .0001. Knocked the pps back down to .0000 again.
Yes it did. Must have been under .0001, because it doesn't show up on IHub, but Fidelity shows it. How about that!
There has been a bid of .0001 for most of the day, but it is only for 10,000 shares, so IHub displays it at zero.
Got the bid back again. Ask is .0002.
We've got a bid!
Interesting week here, volume-wise.
Monday 697 million shares
Tuesday 58 million
Wednesday 567 million
Today 3.5 million...
The Somatics Shop seems to be still in operation as well.
http://somatics.org/shop
Well, it's been six months, but I see no evidence that the company has filed for bankruptcy. Everything seems normal on the website. Continued messaging traffic back and forth as usual between Aronstein and students enrolled in Somatics training programs.
http://somatics.org/community
http://somatics.org/comment/494#comment-494
Don't confuse the stock with the corporation. One is a security, the other is a corporation. Only the SEC can revoke stocks, which it hasn't done in the case of MODC. If it had, this board would be long dead, and we wouldn't be having this delightful conversation.
Sorry to have to correct you again, but the Nevada Secretary of State does not have the authority to revoke stocks. If you check the link below you will see that it is Modern Technology Corp that has a revoked status, not MODC.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=KkBKiBKdMhLv3M3x8YEhjg%253d%253d&nt7=0
Well, now that's different. "Should be" is different from "is". Personally I'm glad MODC isn't revoked. ;0)
Sorry, but you said, "MODC is revoked." That is not correct.
The Nevada Secretary of States has given Modern Technology Corperation a revoked status, which can be reversed for a fee of $12,125.00. The SEC has not revoked MODC, which still trades on the Pink Sheets.
MODC is not revoked. The SEC has not revoked it. MODC is the stock. It is the company, Modern Technology Corp., that has a revoked status with the Nevada Secretary of State. The stock, MODC, is not revoked, which is why it still trades. MODC is still on the OTC Pink Sheets.
"MODC is Revoked."
I just checked. Yesterday 32,614,411 shares traded at .0002.