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I received a summons-in fact 3, 2 for me and 1 for my wife on a joint account. We sre slated to receive the 2nd mailing (atleast our names are on the mailing list)
HOWEVER....
our names are not on the list of defendants as posted on the court website http://tinyurl.com/35pyqg .
Any thoughts?
Could you provide more infor on dismissal- this is new to me!
zeroluv...2000lbs of shares..hmmm..wonder how many that may be..alot-because you saw something coming that is all good, huh?
No-because if it did aply to shareholders with 500k+ shares, it would include me-and I am not on it!
Sircharles...I find it interesting that you show up on April 20th and your very first post is a proposed (template) response to a Court Summons!
I thank you but now have further questions.
Are you an Angel from TM?
I dont think a Notarized signature is necessary! After all, when you get something Notarized, you are just signing paperwork in front of someone who has seen your ID! The Brokers know who you are and hence so does TM through the NOBO and OBO Lists (and the TA..if you ordered out a Cert)! How do you think you received this court paperwork if they dont know who you are? I would also think that if a Notarized Signature was required- it would so state in the paperwork! I get to pick mine up tomorrow, but my guess is that it does not say a Notarized signature is required and that reqular old snail mail is an acceptable way to reply. I would prefer a scan and email or an 800 # fax back- costs less and is far quicker!
I think TM is trying to identify- that is leagally identify all sharholders both beneficial and legal shareholders without doing a Certificate pull..like CMKX did! The CMKX Cert pull cost shareholders a cool 1.4 million dollars (based on approx 40K shareholders at $35 a pop!) And took 7 months.
This stock has a global freeze on it and as best as I can tell, the Brokers and DTCC aren't letting anything move! So I think this is a better way to identify the shareholders and cheaper and faster! As soon as you sign the post office paper work- that is one receipt( or one nail in the Brokers coffin) Then there is what you must do with the paperwork that is in the package- and not having seen mine or anyone elses- this is as far as I can go!
Bottom line...TM wants this to trade again and soon-time is on our(the Company-which includes stockholders) side...ALL the Brokerages must allow this to trade freely from the opening bell- there is speculation that TM is going to announce value/RM into the company when filing the late report!
CNDKID10...this appears to be TM's only way left! TDAMTD was not going to offer a level playing filed they were going to allow sells only- that is we could only sell our stock positions- we could not/ would not be allowed to buy more! And from every stock that I have seen, when TDAMTD refuses to allow people to buy a companies stock- the price falls! And what good is a forced buyin when people are not allowed to bid up the price of the stock!!! Yep- this is the way to skin the cat--or Brokers!! HA HA HA!!! This is my current and best opinion!
Most of us on this BCIT Board are Beneficial owners of BCIT (unless you ordered out a Cert)- so why are the Beneficial Owners being summoned-if that is indeed what is in the Mailing-I havent seen mine yet- tomorrow evening. Is this the roundabout way to find the Legal Owners and hence where they got the stock from?
I find it hard to believe TM wants to rake us over the coals- but what ever he is up to- he has put his money where his mouth is!
Sorry Pal- I drank enough during my first 39 years of living-enough to be a contributing cause to a heart attack! I have something far better now- and eternal! btw...any filings for BCIT today?
Received my post office pu notice today 3 pkgs from wintors llp?
Tomorrow! I'm excited! Something that was posted on Message board is actually coming true!!! Earthenperson!! GO BCIT!!!
Wondermiss..Where did you find this--Is there a link?
Have them post a copy of the summons!
Not even- same side as always! Even had a great start to my day and an enjoyable one at that- but the constant drum beat for the filing and the "Oh no-were going to get an E" whining is enough already! We are all on the same boat together and TM is in charge and he isnt talking or showing his hand right yet-for reasons that may become clear in the near future!
LATE? SO What does it matter? Put an E behind the trading symbol!! Put 26 E's behind it! It doesnt matter! Its not trading!
And the last I remeber TM saying was that time was to our advantage- or something like that.
Now if I remeber correctly, we were promised last Thursday Afternoon during the Interview, that a 15c211 would be filed within 24 hours! Has that happened? If so, does anyone have a link they would care to share?
If not, why not? Are things being rethunk?
Is this not an oxymoron..." a qualified and reliable, TRUSTWORTHY broker " ?
So we have an Official HALT but no Official PR to accompany the HALT! Just Great!! Really Great!!
The only reason I have seen is the T1 reason on OTCBB which is news pending! Would you have a link to the NASD PR re BHUB and trading Halt T3?
So am I reading this right- The CEO called for the Halt?
I'm still confused... This was halted because of news pending-T1 ! We have had news-the telephone interview- shouldnt this now trade again? Can someone show me a NASD or SEC PR that Officially halted this? I have seen PR's for halting of other stocks and halted for pending news- but once the news is released- it trades again!
ART...Thanks for the link on the halt explanation-but early this am the reason given for the halt was news pending! Not a NASD imposed halt! Did something change?
BHUB was halted pending news! Was that interview/phone call the news? If so, we should start trading now? If not, why not? SEC hasnt halted us! So who has? Brokers, MMs?
WHAT? You cannot change the price of a GTC order? With TDAMTD? Can you cancel the whole order? Unheard of!
Maybe there will be a PR released at 10:00 corresponding to the start of the CEO Interview that announces some major price moving news!
Naybe a rm and onto the otcbb-goodbye pinkie land!
Yep! Show me a link to a SEC statement halting this!
TDAMTD...Closing Transactions only for BHUB per telecon with a rep about 6:15pm PDT on 4/11/07-today!
Will be interesting to see if this is allowed to trade tomorrow as well as the weeks to come- I hope so! I dont need another BCIT in the hip pocket!
What Brokers have already restricted BHUB? TIA.
Art..BOOMAGE TIME? Pinksheets.com shows 21 mil http://www.pinksheets.com/quote/company_profile.jsp?symbol=BHUB
Art..where did you send it to?
But you can still place your order! Which is what she said!
Time...seems to be the operative word with TM! I dont recall his exact words, but the feeling I am getting is that the more time that passes before he puts out information in the quarterly/annual report-the better it is for the company and hence its stock!
There may be little to no information in the report regarding when we will trade again or what exactly the hold up is! But there darn sure might be information regarding value the Company has obtained since its last report! If memory serves me correctly, the reports (MUST)-is required to report major significant events that affect or could affect the share price!
Would the closing of an oil deal and/or the purchase of an oil producing company possibly affect the value of BCIT?
How about a move to the AMEX? Possible quarterly dividend payments?
If TM puts all of the above in a quarterly report, all of our trading problems will be solved-before we ever start trading again!
Time is the operative word...TIME!!!!!!
Not to mention how many business trips to US from GB!
Link please?
You might be able to buy and sell at choice trade- but...with TDAMTD not allowing buys, the ultimate stock price will collapse!
The only way around that would be to put huge value into the Company, move it to the NASDAQ SC or NM and get some Mutual Fund Companies to make some purchases and long term holds on the stock! And start paying a quarterly cash dividend!
That would spank real good every individual who is short!
Yep! There you go TM-get this stock trading and the day it starts trading after about 15 to 20 minutes of trading on the 1st day, halt the stock for 30 minutes pending news!
Release the news, resume trading and let the chips fall where they may!
TDAMTD will restrict this as long as they want to-unless they are compelled by a Court or other Enforcemnt entity to accept buy orders! They have done it to other Stocks they or someone closely associated with them are short on! ( Note: I must assume they or their other Entity(MM or Hedge Fund[Hedgy] are short...assume because I dont know that for a fact-and there isnt anyway I can find out! But it is the only thing that makes sense! All the excuses they have ever provided do not make any logical sense!
TDAMTD wouldnt let me buy Paypro-(now PNMS) about a week ago And the price has continued to fall. Another stock up around .09 in Nov of 06 is now at .0055-and they would allow buying of it since late October 06-and they still wont!
TDAMTD needs a trip to the woodshed, IMO!
OK- Silence is Golden until April 10th for now! Can the filing be further extended? Or if its not accomplished by the 10th-the company receives the fifth letter added to their trading symbol-which really doesnt matter-because we arent trading! If by extending it longer, he can get this to trade in the dollars-he can take a few more months as far as I am concerned!
Wybelle2..how about a link to that 1st post, please?
Was CLYP selling or buying when HE was here?