Don't worry, it will be good for shareholders.
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ENTI/PTEL are just another, in a long list, of scams. This fairytale that DiBiase is selling will be an expensive undertaking by shareholders.
I agree Renee. That would be so simple to enforce. There is only one reason to gag the TA. DILUTION
The price will drop so fast no one could sell their shares. These scammers will delay the shares going into shareholders account while insiders will dump until the price is trip 0's. Then shareholders will get their shares. Wash, Rinse and Repeat.
You are correct. It seems a little long but it will be worth the wait when those scumbags hear the Guilty verdict.
Me tinks the Judges are getting a little tired of the games the defendants and shareholders are playing.
If there not restricted what will at least 8 billion shares being dumped do to the PTEL shareprice?
Woods Poulter Mcllroy Furyk D Jonhnson 272
It is up to shareholders to make the company proove that they arent a scam. Why should FINRA proove that? GEEZ
Does it strike shareholders as odd that the deal was done on the last day of the first quarter? 3 months to hide dilution comes to mind. lmao.
Why would anyone believe anything from ENTI/PTEL's CEO? This is the pinks/otcbb's. lmao
ENTI minus the POS MMX has what?
I want a wave around.
Yup They always miss out on "their" pennyplays such a scams like ENTI/PTEL.
I wonder if Christopher Davies will sign any of the paperwork on this deal? He has signed other forms for ENTI and SREH
Yup and all the big boys missed ENTI,the rocket.
Just boggles my mind. Shareholders still cling to a sliver of hope.lmao
If Tony doesnt gag the TA, his game is up.
Really, So ENTI has nothing, that equals nothing for shareholders. Shreholders get restricted PTEL shares while Tony sells commons. Equals even less for shareholders. If the shares arnt restricted what happens to the PPS when at a minimum 8 billion shares hit the market?
Jim you have to restate earnings with Pink Sheets, I know you forgot. Dont worry I sent the PR to Pink Sheets. lmaorotff
http://www.otcmarkets.com/stock/LCRE/financials
FINRA ENTI Daily short volume explanation. Simple
NOTE THE LINK....I would suggest you guys provide a link that disputes this.
Posted by: patchman Date: Wednesday, March 03, 2010 6:31:31 PM
In reply to: fourkids_9pets who wrote msg# 648 Post # of 951
Short Sale Volume Reporting’s are deceiving.
I spoke to FINRA today and found out some very interesting things that until now I did not fully understand. I knew there was something wrong with this transparency of information but was not 100% sure what it was. I think I have my answer and it was enlightening.
I was first directed to the Notice to Members memo dated 9/29/2009
http://www.finra.org/Industry/Regulation/Notices/2009/P120045
The individual I spoke with wanted to make clear that to maintain proper trade volume reporting accuracy, a trade with multiple legs in the trade would only be reported once in the volume reports. The example given would be.
Investor A is long 100 shares and wants to sell. They enter the order through their broker that is routed to a market maker. That market maker will go out and sell the stock into the market before they have bought the stock from you/your broker to close out their account. They do not take possession first as there is no guarantee they can sell the order into the market. By this Notice, the actual sale INTO the market is a short sale because the market maker sold the stock into the market BEFORE they had purchased the stock from you. It is a technicality since they know there position will be closed out minutes later when they go in and buy your shares. To avoid doubling up on trade volume and distorting the picture, only the sale into the market (consolidated tape) is recorded and not the second leg which was the sale transaction between seller and market maker.
So, this is why the short sale volume is high but also why the FTD’s and bi-Monthly short interest reports are not showing any indications of this volume. The short isn’t really a short it is the execution of a long sale by a market maker. The key language in the FINRA notice is this:
Quote:
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The Daily Short Sale Volume File will provide daily access to the aggregate volume of short sales in NMS Stocks and OTC Equity Securities reported to a consolidated tape and traded over-the-counter during regular trading hours on each trading day.
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Consolidated tape is the open market where the transaction between seller and market maker is not done at the consolidated tape. That call this the media transaction.
Now for those wondering about Bona-Fide Market Making, I found out it can still be done but not electronically. The 15c-211 applies to electronic trade. Market Makers can continue to execute Bona-Fide Market making through phonic transactions but those sales made would be reported in the short interest reports bi-monthly and if not closed out will be reported as FTD’s in the system like any other trade failure.
Hope this helps at least clear up the high short interest volume reports seen. The reason the number is not 100% is because not all orders are routed thru independent market makers.
Since there is so much discussion and confusion on this I would request this be added as a sticky note since it clears up the confusions here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49600596
First order of business, Gag the TA. Gauranteed.
If there were significant revs why would they hide that fact?
How? They have no revs and a bloated share structure. Who will lend them money?
Excactly except Tony now has a whole new batch of common PTEL shares for sale. lmao
So he is going to issue 10 billion free trading preferred shares and the PPS will do what? Tony will have his preferred and will be dumping prior to anyone else getting theirs.
What is the upside? Shareholders get restricted preferreds while PTEL just pumps and dumps common shares. Wash Rinse and repeat.
1-1 share distribution. the best part is they have 3 more months to hide the AS of PTEL
So they will issue at a minimum 10 billion shares of PTEL. How does that help the current shareholders of ENTI? ENTI is and will be even more worthless and PTEL will just be a regurgitation of ENTI.
How will that happen? PTEL will raise their authorized to at least 20 billion if not 50 billion. PTEL will be nothing except ENTI all over again. Shareholders of the preferreds will not be able to sell them and Tony will just Wash Rinse and Repeat.
That is incredible and those idiots think its a good thing.
How it works is shareholders get shanked. The whole deal was about shares and uplist, shareholders are left with preferred that they cant sell so Tony just pumps PTEL common shares and gets more shareholder money. .
They will have to authorize 50,000,000,000 shares of PTEL. They will never get a line of credit from anyone, except on some fraudulently written document from a company that has no website or contact info. geez
ENTI which everyone owns shares in is basicly now worthless, even if MMX was producing any revs. So PTEL now owns MMX and none of the prior shareholders, owners, own it now because preferreds dont even have voting power.
PTEL will have to raise their AS to 50,000,000,000 for this deal. This stinks to high heaven.
I could be wrong but if that is true we will now have 2 bloated pigs PTEL and ENTI and how does that benifit shareholders.
Morris dosnt even own FIRMS. He is scamming still.