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Disagree , they tried but Riss was sleeping before the game, FF takes the Co.
I could be wrong , but I think that is misplaced. If we see that FF converted cheaper than before I will be in agreement, if not it was just just regular MM/ broker shorting and I will be wrong.
Agreed
Haha, thank you. Got what he asked for.
:)))))
Views, reviews and downloads are certainly indicators or no one would be tracking them. How they relate to revenue is the question we want answered by the Co. No doubt all want more info from the Co without having to wait for Q/Ks.
Actually, I think they are counted in reg sho daily naked short numbers, however, they will not show up as FTDs. Probably, as a matter of course, I would not doubt if they can even stretch the 45 days just as they can stretch the normal 3 days. Either way, people are planted to make the argument that these deals and shorting pennies does not exist. Those who may actually believe that need to read "trading for real dummies". Whether it is a major index or the otc, naked shorting exist; although, there are now rules in place since 08' to protect financial institutions from such trading. In fact, naked shorting is considered the catalyst during that period that led to financial institutions failing.
Nope, very achievable. Let me also say that when I use mm that I am also including brokers, many of whom deal a lot with the VCs making these CD deals. None want to kill the goose that lays the eggs in a producing Co with product sales. That's why you see totally non operating shells trading very much higher than PVSP. Most of these companies have a 0 enterprise value while PVSP is still around 006 at the current pps using 900mm shares.
CD holders spread their risk by pre arranged sales. Let's say those deals are based on a slight discount to the market rate. The MM can then legally naked short based on that arrangement as they are deemed to own the shares although it will take additional time to deliver and has 45 days to deliver/cover, Finra extension to cover is on CD shares only. So, they made the deals when the stock was 0024, the MM begin shorting at that 0024 on down. Right before the stock is delivered the MMs sell it down creating a panic and shorting even more heavily because the panic will allow them to cover with cheaper retail shares. It appears as if FF is selling at 001 but FF sold it for say 002 when the market was 0024 or 0018 when the market was 002. What you saw with the non regular transactions at .0009 was merely the delivery of the the shorted stock thus it was not included in the volume. . MMs made the difference as in any legal big stock shorting transaction. Bottom line is FF sold no shares at 0009 and the only shares that the MM can cover with are retail. Now, they will keep a tight margin on the way up flipping for every 10/20% gain to induce more selling of the shares that we bought at 001/11/12.
I think you are correct as the timing coincides with the significant increases in Google Play.
Good point and he always avoids.
"Free calling" for telco dummies explained, if "free" requires a carrier data plan then it ain't free.
Ok, point well taken re Mgt and especially Riss but it's getting old. All issues in this stock have been beaten to death. Riss needed help in marketing and I have always assumed in prior posts that FF brought in Panomark for that purpose. Have a great weekend and enjoy!!!
You had only one valid point regarding the specs, all else is just negative ramblings. There are not many programmers, if Vox is running an efficient operation the breakdown is probably similar to :
A. 4-5 Web support 24/7
B. 1 Riss CEO/CFO
C. 1 Richards Pres of tVox
D. 1 WebRtc/Android
E. 1 TrustPay/IOS
F. 1 Program Consultant/ all above
Really, an entire week!!!! If you needed to order a new alarm system for your home and did not look on the web, how would you know what the competitive plans are?? I thought Vox was very proficient in having the website changed immediately to include the new phone and plan.
Yes, I agree
Thank you , you and all as well.
Looks like the cd holder just settled accounts. Should begin to rise now.
I see Vox is back to its 4.3 rating on Google Play
Ok?, thank you.
Very nice, thank you.
Yes, jmo
I asked earlier, what interest do you have in the pps?
Too funny, I thought of that myself, just joking. However, I can certainly attest to that mindset on a first hand basis. Absolutely no conscious, but will say at the same time that many of the officers of the companies do not care about shareholders as well. I do not think that is the case here, however, Riss needs to put new blood at the helm. Just a question of surrounding himself with the right person. ALL companies do it and all smart execs could care who does what as long as there is a pile of cash on it for them.
Thank you and others Mr Trup.
Actually that is not correct, the expenses relative to obtaining the patent can most assuredly be added as a value and amortized accordingly.
Not worried and adding. The funny thing is He actually believes he can be effective; at what I am sure about :). Boring and 100% redundant to say the least. I certainly hope he is not responsible for some nice family with children losing money.
Accumulation now, added today.
SG, the Madoff naked short exemption specifically allows MMs to naked short stock at the ask. The Finra rules allows 45 days to cover naked short sales of CDs. Everything mr apples does not want you to know. This includes MMs other than VFIN and VNDM.
Very good article regarding the incessant role that shorting plays in CDs. They go hand in hand.
http://depot.som.yale.edu/icf/papers/fileuploads/2365/original/2010_ICF_WPS_Convertible_Bond_Arbitrageurs_as_Suppliers_of_Capital-Tookes_Revision.pdf
These guys are exempted from everything relative to CDs and naked shorting.
http://www.sec.gov/divisions/marketreg/mrfaqregsho1204.htm
Question 1.5: Do the requirements of Rule 203 of Regulation SHO apply to short sales made in connection with underwritten offerings?
Answer: Syndicate activity is not expressly addressed in Regulation SHO. However, the Staff will not recommend enforcement action for violation of Rule 203(b)(1) of Regulation SHO (locate requirement) with regard to any sale by an underwriter, or any member of a syndicate or group participating in the distribution of a security, in connection with an over-allotment of securities, or any lay-off sale by such a person in connection with a distribution of securities through rights or a standby underwriting commitment.
In addition, the Staff will not recommend enforcement action for violation of Rule 203(b)(3) of Regulation SHO (close-out and pre-borrow requirements) with respect to a net syndicate short position created in connection with a distribution of a security that is part of a fail to deliver position at a registered clearing agency in a threshold security that has persisted for 13 consecutive settlement days, if action is taken to close out the net syndicate short position no later than the 30th day after commencement of sales in the distribution.
2. Order Marking Requirements – Rule 200(g)
Question 2.1: Should a broker or dealer mark a short sale order “short exempt” if the order involves an OTCBB stock?
Answer: Rule 200(g)(2) provides that a short sale shall be marked “short exempt” if the seller is relying on an exception from the tick test of Rule 10a-1 or any short sale price test of any SRO. Securities traded on the over-the-counter bulletin board (“OTCBB”) are not subject to any short sale price tests and are therefore do not rely on an exception from such price tests. As such, they need not be marked “short exempt.” Short sales in such securities may continue to be marked “short.”
Money, if vndm/ VFIN/brokers have a pre conversion agreement to handle the sale of the CDs, then they are allowed to accept naked short sales and have 45 days to cover. They know in advance when the conversions will take place. This helps FF convert at a lower price and the shorting brokers made some good money. If you look at the chart it appears they started shorting around 12/20 in the 24 range. Jmo.
Moved north on news like all stocks do.
L2 please, hate to keep asking but I can no longer bring it up at work.
Extremely low vol for the SS.
Liquidity in the stock apples, keep up with the convo!!!!!!!!!
Dies not have to borrow shares to naked short, learn a little bit about the exemption and extended cover period. Grow up!!!
Short covers are buys, no one said differently. Do not try to convince people that naked shorts don't exist in CD land. There are special rules that allow VFIN 45 days to cover. Do the math mr apples and tell my why they would not take advantage of a perfectly legal exemption and extended period to cover. Naked short a million shares at 0016 and cover/ buy at 001. They just banked $600 bucks per million x how many millions, big big money. Grow up!!!!!!
Did not realize that you are on the PVSP board. I really don't know what difference it makes to you where the pps is.