is...happy :)
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Means nothing except for that location is CLOSED.
Interesting.
Uh....you do not know the other to be fact either. What I DO KNOW FOR A FACT is that there was an SEC investigation going on BEFORE the "fake" PR. Like it or not. Its FACT. Another thing that is FACT is that it is almost impossible to get back onto the pinks once you are on the greys....Like it or not.
Yummy....news!
Waitaminute, maybe you could call TDAmeritrade and explain that it should be trading on the Greys now and why can't you place an order? Maybe they can shed some light on the situation.
Neoborder, nice thought, however the reason this stock was suspended has very little to do with the "fake" PR. Very Little. This company was under SEC investigation before that happened. So even if that were straightened out, the stock has many other hurdles to cross before it will be cleared for the pinks again one day.
Ahhh....gotcha. I have seen some people say that it will be January 20th, but have not read it for myself other then here.
This news is listed twice in the i-box. Not sure why you say it isn't. Are you referring to the 8-k? If you need to see that I am sure you can find it at pinksheets.com.
The stock you refer to has half, no....40% of the float this one has.
Those are links to someone else's posts, not mine......
I do have compassion for those that wanted to get out and could not before it halted. All I stated was a fact: Took me 4 months to get out when it was on the pinks, wonder how long it will take for people on the Greys.
Let's face it. All the pumping that went on here in December, amid multiple warnings to the contrary, bringing in unsuspecting people (from a certain board to remain nameless), I hope those that pumped it bought in and sit in this stock till it rots.
I hope the rest get out..and get out as soon as possible.
KCMH Goin Green!~
Your a great bounce predictor :)~
It took me 4 months on the pinks to sell my SMAS stock at .0001. I can only imagine how much time it will take on the Grey's you guys to unload it!
Lost My Llama? LOL I have no idea! :)
Laying on the floor laughing :)
Welcome to the Party....good luck :)
My guess is that it is not as widely known as the commons.
Great Coach! Thanks :)
As I recall, you are correct.
Obviously not trading today. Wonder how long before Stevo will have to tell his wife the money train was halted lol.
Our day will come!
His first and only post to this board lol
Lookin Good!
Furthermore CMI, even If I were one of the MANY that have filed a complaint with the SEC about this stock, why would I have to explain my reasoning? Any trader/investor with half a clue could figure it out LOL.
Below is a link to the Greysheets forum. If you look in the IBox it explains Greysheets.
insert-text-here
Duh...if you would research prior posts for SMAS I got it from someone else who posted their email to the board and the investigation number. I am not worried about reposting something that someone else already posted to the board. I reposted it to warn potential investors. The kind that actually do DD before they purchase a stock.
No new info...should open up on the Greysheets on January 4th as far as I know.
Van, hypothetically would there be something inherently wrong if the Admin of an IHUB board were also the CEO of the company? And the other pumpers office staff? LOL.
At which point it will go to the Greysheets to be traded...
Halted by the SEC
I know, I was just supporting your position :).
Look, I warned you guys on November 24th, 2009. Below is a copy and paste of my prior post.
Posted by: Phirefli Date: Tuesday, November 24, 2009 9:02:17 PM
In reply to: Phirefli who wrote msg# 38650 Post # of 40065
File - #H01328733
This is the SEC investigations file number on this stock...like you say waitaminute, it stands a better chance of being halted then it does to trade at .0002 LOL. I tried to warn them.
Penny you are WRONG....look at my next post above, in support of hck...I posted the SEC investigation number on here far before that fake PR showed up. They were investigating SMAS WEEKS before the fake PR. Thank you.
Yes, I have mentioned that before and had my post removed lol.
+25.00 LOL, hey...any up day is a good day :).
You can buy some in January on the grey market...!!
Wow, great volume today! :)
Well Merry Christmas Stevo .....maybe it's Happy Hanukah. Either way. You get what you deserve, and I hope you have a merry season; as merry as you have made some that are stuck in this stock. We all know you read this board. This is the biggest scam of a stock I have seen..hands down.
For those stuck in the stock. I do feel bad for you guys. I was once you. Just glad I got out before it was halted. This has to do wayyyyyyyyyyyyyy more then with just a false PR. There was an SEC investigation going on long before the supposed false PR.
My husband specializes in computer forensics. If they are looking into the false PR, they will be able to obtain if it was ever on the SMAS website and then gone etc. With ease, though it will most likely require a subpoena to do it.
Suspension of Trading
Finally....glad to see they are trying to PROTECT people...I tried to tell everyone!!
Dec 17, 2009
Pink OTC Markets News Service
Washington, D.C. —
UNITED STATES OF AMERICA
Before the SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
Release No. 61186 / December 17, 2009
SEC SUSPENDS TRADING IN THE SECURITIES OF SOMATIC SYSTEMS INC
The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”), of trading of the securities of Somatic Systems Inc. (“Somatic”) at 9:30 a.m. on December 17, 2009, and terminating at 11:59 p.m. on December 31, 2009.
The Commission temporarily suspended trading in the securities of Somatic because of questions that have been raised regarding the issuance of Somatic stock, trading in the company’s stock, and the adequacy of publicly disseminated information concerning, among other things, Somatic’s current financial condition and business operations.
The Commission cautions brokers, dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination n of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not it has complied with the rule, it should not enter any quotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 551 5777. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, it should refrain from entering quotations relating to Somatic’s securities until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation that is in violation of the rule, the Commission will consider the need for prompt enforcement action.
If any broker, dealer or other person has any information which may relate to this matter, Thomas A. Sporkin, Deputy Chief, Office of Internet Enforcement, Division of Enforcement, should be telephoned at (202) 551-4891.
Ok thanks :) I will watch for that : )