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This just keeps getting better and better. I never thought we could see .1, but if Jessica keeps reducing shares and making tea, we could possibly see something lifechanging next year. This lady is one class act!!!
Great decision by SG. He knows what would happen to the pps. This really confirms to me he cares about share holder value.
It seems that the penny stocks like EYSM hold their value fairly well when the Dow and Nasdaq are in turmoil. JMO
#45 on the breakout board
This is gonna be hot news for next week. Got a weekend to spread the word, Monday to buy and Tuesday for even more news to break!
glad to see you here belowme!
Your sentiment sure did change quick.
I can feel your pain. FWIW, I got slapped with fees by penson that would make you sick, all because I traded some penny stocks that were non DTC. Never warned me, gave me the fees 8 days after settlement.
I will call the SEC myself Monday. These crooks need to be reported.
If they go out of business, nothing is due.
Wow!
Looked like alot of tea going out!
http://www.facebook.com/video/video.php?v=149987381746868
HFBG is doing great when you consider that the majority of wallstreet is collapsing as we type.
No response from Jessica yet about the DTC status. I am sure she is quite busy. Will wait till middle of next week to send followup.
Online article about Larry
http://www.gamingtoday.com/articles/article/31743-UNLV_rejecting_Larry_Johnson_was_a_bad_idea
Not much about his company but does mention beverage company is based out of NY. ???
I really hope that no one is even considering investing in any thing "Bill" is promoting. That is low grade for him to even think about asking folks that have lost their money to one of his scams (no matter the involvement level, he was still in it). The nerve of some people.
Wouldn't you think they have had more than enough time to address it and correct it? I would be scared to say yes because I have not a clue how long it takes to clear the DTC status.
Could it be possible the share increase and merger caused this? More than likely just a fee issue They just need to pay the fees and get it over with and don't let it be an issue because it is all going electronic one day anyway.
From what he said to me, it can change so quick there is no way to keep up with it other than calling the TA.
But I promise you he used the words "CHILL STATUS" on GRDO. I understand non dtc eligible and cuspis, but chill is all on it's own. And you basically described it in your post.
I set myself up with Ameritrade, this is what they said about GRDO. I will not quote but this is almost verbatim what they told me.
You can trade GRDO today and the trade fees will never be more than $9.95 but there is no guarantee that a stock under .01 can be traded in the future.
And after talking to 5 other TA's, I got from most of them the OPINION that there will come a day that all penny stocks will have to pay the fee and become DTC eligible or they will not be trading.
I never said it just happened today. Penson and a few others will let you buy it all day, but when you go to sell it, then you find out all the hidden fee's. I understand what you are saying, thought it might be good info for people using Penson because I made a incorrect post right here on this board by saying there was no issue trading GRDO with Penson.
I misread your post, you said it yourself, they are on chill status.
I called them yesterday, I know what they told me and I have no motive to tell something untruthful
DTC STATUS- Called the TA (Madison Stock Transfer) GRDO is on CHILL status. Not good!
IR has not responded to my email to them. Seems like they so not want to respond to investor questions. Phone call will be my next course of action. Time to get somebody talking at GRDO. I am averaged down enough that I can let it go. Shame, seems like a great concept but enough of the silence. Silence is always a killer for any stock.
Madison Stock Transfer (718) 627-4453
From Facebook: "Uh Oh!! Looks like Grand Ma Ma is on the move again making deals! Hmm, wonder were she is going this time. Such a SWEET future. "
o/s was actually 136,000,000 even better!
From what Jessica said in the email, she should have it straightened out soon.
This stock has truly shocked me for the past 2 months. I thought the Marvel rights would have been the door for Chris to open and sell a boat load of cheap chinese made trinkets with Captain America on them and sent us all to the bank loaded down. oh well.
I am not implying that this pertains to TYTN as they are up to date and DTC eligible. Mark covers all bases.
As far as other companies, JMO from what I was told by Ameritrade and talking to 5 different TA's today that DOWN THE ROAD, DTC eligibility might be an issue.
Again, my point being, down the road, it is going to be an issue, call your current broker. I signed up with Ameritrade today, they can trade it, no problem, set fee of $9.95, BUT THERE ARE NO GUARANTEE'S later on. Done with it, do what you got to do, my mistake for not knowing, rookie mistake.
But if I was going long on a penny stock from now on, they will be DTC eligible or my money is not going in. JMO, GLTY
Call first, then post, don't take my word for it, read the email i just posted, even Jessica knows it is a serious issue and it goes beyond Penson. I agree that we need to boycott Penson, but DTC eligible is something a company needs to maintain. Every TA I talked to today (5 total) said the same thing, penny stocks will be forced into this sooner or later. It is a matter of getting away from the paper to all electronic trades. Call, ask, get answers, you will see it is more serious than most realize. I blew it off month ago, not again. It will be part of my DD before I sink money in a company.
I would now expect a PR from Jessica with this included as to how it will be corrected.
Just got this email from Jessica,
"I am not sure what the status is of the DTC. I had spoke to Brad about this 3 months ago, and he said that he took care of it. I'm not blaming anyone except myself, as I did not follow up to make sure it was done. I will have to find out why there is even an issue at all as it is not clear why there would be. I will do what needs to be done to get it taken care of.....
Thank you for bringing this to my attention. I apologize for the late response, I've been in a few meetings today and getting ready for the run.
I will have to email you in the morning after I make some calls. I'll send my TA an email tonight so she will get it first thing.
Thanks again,
Jessica
I wanted to post this because I had said Jessica did not respond, well she finally did and she had reasons for being late. This is a serious issue but, she is taking steps to correct it. Not happy with the loss of money but if she takes this stance with everything about HFBG, it will be on the right track.
you can count on this, I would never do anything that cheap to drive down HFBG, I am still holding a load. I have no choice but for this to get to about .02 or I am gonna take a loss. I need JAG to get this straightened out. If you don't believe me, call the number I posted, the lady there will be glad to tell you what the status is. PLEASE don't take my word for it, call tomorrow.
Call Ameritrade right now and ask them about a guarantee that you will be able to trade HFBG down the road. Please, call them, they are open.
FYI, called Transfer Online (TA for TYTN), found out two things:
1) TYTN is DTC eligible and up to date. That is great for a sub penny stock. This is another plus that Mark takes care of business. It may not mean much to some, but I learned a $225 lesson with a non dtc eligible today. Also, don't think you are out of the woods with Ameritrade. I set up an account with them today and they said there was no guarantee that a non dtc eligible stock could be traded down the road, Ameritrade will not charge the high fees but you could be stuck holding a stock.
2) A pr release through Transfer Online costs $200 and that's it. It does not cost TYTN thousands. Check the website, it is right there on the home page.
GO TYTN!!!
WARNING!!! I have been pro HFBG and tried to get a response from IR but HFBG did not respond to my DTC status request, well I called for them
Action Stock Transfer (their TA) said they lost their DTC eligibility. Call them for yourself at (801) 274-1088
The nice lady would not elaborate why, but there is red flags. It is not even in "chill" status, IT IS REVOKED. Don't blast me, JAGS got answering to do and I do not want to see anyone else get into what I got into. I really thought they had a turn around but I must take a negative outlook on HFBG. If they can't take care of the small stuff, they will not make it to the big league.
I thought going to Ameritrade would solve this problem (Penson charged me $225 for one trade and my great broker failed to give me any warning)Ameritrade told me that it was trading now, BUT there was not guarantee that it could trade in the future. The fees will never happen with Ameritrade but it is possible to get stuck holding ANY non dtc eligible stock.
I have several other subpenny stocks that are DTC eligible, it is just a matter of the company paying the fees and keeping everything up to date.
IMO, do not invest to it is cleared up, put the pressure on JAG and they will correct it quick.
I got a message from the IR department yesterday, they are pursuing the oil field per the May 3rd PR. They also told me the O/S is approximately 143,000,000, (I will double check that) that will make for a nice run when news of Black Gold coming out!
goes through penson, but this just happened last week, I have traded before no problem
BEWARE! HFBG IS DTC ELIGIBLE! Charged massive fees. Calling Jessica this morning.
Got a shock this morning. charged $225 for trading HFBG. What is the DTC status of this company? Anyone know?
You have been dead on before, might be time to wait and see how things develop with DNAD. I will put it on my watch list or go ahead and put an order in around that price range.
You have to admit though, share structure is enticing!
It is not unheard of for a person to lose their shares if they are terminated under adverse conditions or resign a position. Wonder what is the status of Brad's shares?
Maybe it will be addressed by the website soon. It would be good to know if he could dump them (or not).
Did not say it would be worse than 1Q, just said don't be shocked when the sales are not there. TYTN has got alot of growing to do. But, getting in on the bottom is where one wants to be.
I can't wait to see the tractors here in the South! ;)
Before I jump on board, anyone know why the delay of the website? Said July.
BTW - like the share structure.