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Qualify for Current or Limited Information.
Companies that are not required to file with the SEC can publish limited financial information to qualify for the Pink Sheets Limited Information tier or Quarterly/Annual reports and an Attorney Letter to have their stock classified in the Pink Sheets Current Information tier.
It is definitely because they do not have an attorney letter
http://www.otcmarkets.com/companies-advisors/disclosure-news/overview
If you don't file with the SEC then you need an attorney letter validating all information. They did not have one on the last report.
Very exciting stuff. Let's hope this hold this time and we start moving up to a new trading range in the next few weeks/months.
maybe he has to.
not saying a bad day...it definitely ended good.
just a weird day.
Weird Day.
well, frank has (had?) 100 million shares...
maybe it is frank dumping? he has a lot of shares right
wow somebody is selling a lot.
Well done. I picked up a bunch too. Hopefully we get out of trip 0s one day
haha, thats what i was thinking too...
Thanks man...I hope joseph just gives up his shares and goes away
Time for EAFN to prove themselves.
So what about other companies...just because they do something, doesn't mean tytn should follow suit...
was it in May 2009?
www.nuemarkgroup.com/disclaimer.php
cool...appreciate it.
I am unsure of how the skull and crossbones work.
I have seen other companies who haven't filed in years and they don't have the CE.
Anybody else think that the 504 placement was to Weir & Harrod??
Yes very true, speculation drove this stock up as well, rightfully so. Siri is one of the largest media companies in the world and has been growing every quarter and maintaining positive cash flow which is impressive in an environment we are currently in.
so this time is different from the 20 other times you said it won't drop below the support level?
internationally traded company?
How is this climbing?...we have been stagnant for a month now.
lol yeah i agree, but we unfortunately need some news in order for that to happen.
yes i agree, definitely excuses but he did indicate that he would like to sell the shares and he knows he is getting trashed which he brought up to me before I could even ask.
I know this is the efln board, but if you own emxc, i wouldn't ever expect to get any dividends or much else from them. those guys are trashing slavo (maybe rightfully so) to take pressure off of the ceo of that company because she has never delivered on anything she has ever promised.
yeah idk, that is what he told me. he said he called them many times and has called the sec to complain. he said that some of the shares were going into efln and others to his personal account to sell.
thats all he said on that one. he also did not have the nicest of words for roxana
Yes of course I asked. He said that he has been buying emxc shares for a while and has known roxana for around 10 yrs. He has the physical certificates which he has sent into the transfer agent over 3 months ago and they have yet to put the shares into his brokerage account...This is what he said.
I like it. Will definitely be interesting if you are right.
Interesting theory. Just speculation or any evidence to back this one up?
Yeah who knows. Slavo sounds pretty pissed because he knows that cillo is trying to take advantage of him but he has come past the point of turning back so it will eventually be in eafn's control, its just a matter of when.
Okay, just had a nice long chat with Slavo. Here are the cliff notes:
1. they have not sold the emax shares yet.
2. Although they officially have in writing that all preferred shares are to be transferred from cillo and crew to eafn, they have yet to send them to the transfer agent to transfer to eafn. They have also not given eafn the 30% stake of Inex which was agreed upon in the securities agreement. They have also not given them any of the financial data or filed the necessary tax data for Inex. He said they are preparing soon to take Cillo to court to settle this and that he cannot put anything into the company until he has everything.
3. Here is the deal with the insurance issue. He said that there was an electrical fire in there building and that the county blamed him in order to get him to pay for the fire. He settled in court for like 5k which was cheaper than hiring a lawyer and fighting it. This was 3 years ago and he has paid off all fines, etc.
4. He said that he thinks cillo and crew thought they could take advantage of him but he refuses to pay more money than he already has (hard to hear, but sounded like he has been paying cillo monthly).
Ultimately, it looks like not much is going to happen until cillo stops avoiding slavo and comes to terms with the securities agreement.
yeah, I am actually not sure...your probably right, it is probably higher now.
are you sure?
I took this to mean that it is in this report:
"We anticipate that sales will double with good profitability (since the onetime manufacturing costs are paid for)"
From the 2011 goals section.
I may be wrong, but that is how I read it.
Yeah I hear you, the only problem is that the inventory has only grown by 135k.
well, to tell you the truth i think the price being at a fraction of what it was then is somewhat justifiable. Maybe not 1/8th the market cap but definitely a fraction of where it was.
About double the O/S and half the amount of sales from that period and with the possibility of more dilution, it makes sense.
There is definitely speculation from both sides on this company, but I'm betting that most new investor's won't jump in until they know what is going on with the increase in A/S. Hopefully in the next few weeks after these meetings, we will know more and be able to get new investors in here to bring the price up.
Let me try calling in a little. To tell you the truth, I completely forgot that I told you I would give him a call lol. been swamped at work.
shocker
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66563133
you know that the short value you keep plastering up here is not actually the short sells right?