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Im not sure what you are saying.
Are you saying that the company checked other boxes besides rule 15d-6 on their form 15?
Are you saying that rule 15d-6 doesn't pertain to allowing a company not to file with the SEC if they have less than 500 shareholders?
What is it that you think this form 15 means?
What is your reasoning why we should be so concerned about this filing?
Please elaborate.
Let's clear this up. Thanks for giving me the opportunity to do some research.
#1 There is no suspension of the company, only a suspension of their requirement to file financial data for the previous year.
#2 if you look at the form 15, they have only checked the box pursuant to rule 15d-6. Under rule 15d-6 (see below), a company can suspend it's requirement to file with the SEC if the number of shareholders is less than 300 for a given year (under 500 for companies with less than $10 million in assets).
Please read "Reporting Requirements here: https://www.sec.gov/answers/noinfo.htm
In other words, THIS IS NOT A DE-REGISTRATION! All it means is at the beginning of the year HVCW had less than 500 shareholders and was able to use rule 15d-6 so that they don't have to report the past years finances. It's that simple.
#3 if the form 15 was suspending the company, we wouldn't be trading now, 3 months later.
You don't know that and have no real evidence to base that on. On the other hand, there is plenty of evidence to suggest that they are moving forward and aren't disappearing.
Why on earth would they make an effort to get filings up to date and become current if they weren't going to reregister? Doesn't make any sense at all.
A company that is not planning to be registered with the SEC doesn't put in to reinstate with the nevada SOS and put out PR's about getting current with financials.
$HVCW
I haven't forgotten it. I'm not sure if you're aware but under the SEC delinquent filers program, companies that are behind on filings can use Form 15 to keep form being shut down while they become current (See quoted info below). Then they will use form 10 to register again once filings are complete.
Given that the company has more recent;y stated their intention to become current with filings (see link). It makes zero sense that they would pursue that if they were deregistering for good.
http://www.prnewswire.com/news-releases/harrison-vickers--waterman-inc-preparing-to-bring-corporate-filings-to-current-status-300484706.html
Also given that the company has filed a reinstatement with the nevada SOS. It makes little sense that the form 15 is anything but a temporary gesture. And that a reverse merger is quite possible.
SEC delinquent filers program - Form 15 info:
Good News for share holders! Reverse Merger coming! IMO
SOS NV Reinstatement. Good chance of Reverse Merger!
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=40uTFLxzr6GHE4oX%252f%252f0kqQ%253d%253d&CorpName=HARRISON+VICKERS+AND+WATERMAN+INC.
$HVCW
So you're in the green now and you think it's going down but you are willing to give up your profits in order to vote out the ceo?
Unbelievable. If you think this is going south, just sell your shares and run away with whatever profit you have.
I swear some of the stories people make up on here are ridiculous! lol
I keep seeing banner ads from RRBB that say something like "Need someone who takes the time to know your business?" and I keep thinking, "Yes but not THIS much time!" lol
I agree. This was an orchestrated attack because someone knows how easily we move and knew they could take us down in low volume for a moment so they could buy cheaper.
It seemed like shares were getting scooped up pretty quickly at the end there. Anything below .021 was scooped right up.
It would have to make it through some pretty solid support at .018 first and thats not going to happen, IMO.
Know what you own. Time to buy more while it's cheap.
Might I suggest heading over to one of the stocks on the big boards for your super low risk investment strategy? I'm guessing it would save you from a lot of discomfort and complaint.
GLTU
I hope the BoDs makes money too, right along with us. Isn't that the whole point.
I've been around here (FLPC) longer than you have so no need to lecture on what you've watched happen. I've seen the BoD's follow through more often than not. Let's remember that they got fencemaker up and running and have 1000 tons of ore to show for it. They ran out of money and took some time to recover.
Also, as for lack of funds and high risk, you must be on the wrong stock exchange because pretty much every OTC company is hurting for cash and is high risk. If that is your trading philosophy, you might do better to check out the NASDAQ or DJ and find yourself some companies that have been institutions for decades.
GLTU
It's coming! Maybe even today!
I listen, and then reality takes over and I have a good laugh and invest more.
$FLPC
Nice. I thought about it this morning but was gone most of the afternoon so didn't get a chance to. Plus I'm low on cash and need to cash out some other positions.
Maybe tomorrow.
$FLPC
If you are waiting for them to actually start mining before you buy shares here, you will be left in the dust. FLPC was over .004 before they broke ground the last time around and it will be again this time.
Also, they are communicating again after 2 years, have gotten their permits in order and have hired an auditor, that is a revival my friend.
$FLPC
lol, why so upset? I thought you were going to buy 15 million shares if this hit .0009?
"If it prints 0009 I will gift you a 3 month IHUB membership and I will buy 15 million shares. It's not going that low. "
Love the ask slapping going on here. Almost all transactions are at the ask.
Wishing there were more bid support though. That 26 is a good drop.
Bought some 3s earlier. Glad to be here.
Yeah, I do my own DD and take into account what others are saying but sometimes the disparity in experience is so glaring that you have to point it out.
$HVCW
Same here. This whole FLPC revival was a welcomed surprise to me.
Quiet day today in FLPC land but that surprise can come at any moment.
I'm interested in hearing Penny Stock investing strategies.
#1 What is your basic strategy (hold long, day trade, momo, short term, etc)
#2 How do you find and choose which stocks to invest in. (DD? charts? boards? follow other members?)
$INMG - Hope some got in early today based on my post.
Up 40% today but going much higher.
Low float, MJ play.
Great DD. Holding for Dollar bills!
$INMG
RJB got an email from Bob yesterday. He wouldn't give a date for the filings though.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133646629
ASCM manipulating on both the bid and ask. Needs to be smashed.
$INMG
Anyone know what the share structure is here? Especially the float.
I don't see any info on that in the stickys.
Thanks.
Float 107,111,602 a/o June 28, 2017
It's in the sticky above along with more info about share structure and other DD.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132745753
Nice move today! Break resistance at .025 and we really fly!
$INMG
Most definitely. Especially as we get closer and excitement builds. We could easily get there again. And much higher after financials.
$FLPC
FLPC #22 on the breakout boards!!
It's still a good buying opportunity for anyone, IMO.
See how easy we move? When this is ready it's going to take off in a big way.
$FLPC
Maybe. Nothing boring about this today though!
When I see the big guns coming in I know we are getting ready to move.
$FLPC
Check out $INMG- Low float, breaking out, MJ and presenting at MJAC, ready to blow up.
That's happened with another stock I've followed where they have hyped the release of financials and it went up as people got excited but then fell back since the company didn't follow through and some people felt lied to and didn't trust the management, then they did it again, etc.
I'm confident that FLPC will release financials and get things moving again. It just not be exactly on my preferred timeline. I'm here for the long haul though and will add more if this drops more in the meantime.
$FLPC
Just noticing that unless any of them have sold their positions, we have 3 of the top 10 followed members here, and 4 of the top 20. Of course who really knows who owns what but these folks have all been around here in the last couple of weeks.
MOMO, i_like_bb_stock, $treet Trader, [SMART MONEY]
$FLPC
Thanks for the update. I have zero doubt that financials are coming. On the one hand we may have to wait a little longer for them than we had hoped, on the other hand, we might get to buy some extra cheap shares before all is said and done and we fly this rocket. :)
Yes! Looking strong here!
$INMG
Good to have you here $T! Nice job getting in cheap. All we need is a peep from the company and this will move fast.