Selling short DIBZ operated by Keith Maydak (prison) and Paul Taylor (NCVT Telatinos guy)
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They also made phony tshirts that were yellow, God knows why, and got a phoney boat, and phoney guys, and took a phoney video. The video was so phoney. And that land was phoney as someone pointed out, no wildlife, how can that be? And phoney press releases. Even a phoney discount card for pharmacies, still not sure how it works, and some phoney crap about a UFO landing and some china canal, and a billion dollars in bonds, and a nuclear submarine sandwich from subway.
Oh goodness, not Tico-testing by some corrupt Costa Ricans? This has all the earmarkings of a scam.
Who will they be? I think the PR said they would meet 11/15 and appoint an "interim" President. I'm not sure an "interim" President is that exciting. I am more interested in the land.
Let me get this straight, someone wants 500k on the bid at .0027 and they are sold 7000 shares, or $20 worth. No, nobody trying to keep this one down.
I guess whomever got them will have to thank God and his messengers for the 7000 cheapies at the bid.
Define "we."
If they can knock it down to .001 again, then they can run it to .0101 for another 10 bagger! Wee, go bidwhackers, go!
The shirts are funny yellow, sellllllllll.
I think chili palmer was being facetious. The filings indicate no increase in free trading shares except by split in 2009 (forward, not reverse).
They cancelled treasury shares.
They bought some, not a lot, on the open market.
The authorized is 950,000,000 in total, 500,000,000 preferred, 450,000,000 common. 436mm outstanding, leaving 14mm for "dilution."
The float hasn't changed in any manner, about 379 free trading, and about 70mm of those are in certificate form.
You hit the nail on the head, it's damned if you do, damned if you don't. I suggest people watch and listen to all 5 videos. This is a pretty huge chunk of land, and the 300 acre one is double the size of this one.
5mm restricted common shares were purchased in 2008 by My Pleasure. After the forward, those commons became 500mm. My Pleasure retired them and turned them into preferred shares, restricted, which were the block sold to Abraham Blauvelt. Those restricted preferreds are non-convertible and 144 restricted. They can't be traded.
ACDU does own a few common shares that it bought on the open market and filed the SEC forms for them.
Did ya get the low .004s you wanted? I picked up a few .003s today.
Dear SEC:
Hi. I am a non-investor in Pink Sheets scam stocks, a kind of detective if you will.
I would like you to have your enforcement division look at ACDU. They filed an 8-K identifying that the preferred shares were bought out by Abraham Blauvelt LLC. The selling party filed a Form 4 stating the same exact information.
Now it is my position that a Form 3 with the exact same repeated redundant dittoed cut and pasted photocopied information should be filed. It's so very important that this same redundant data be nonsensically repeated ad nauseum that I must ask you to assign some agents to make a determination if additional filings are needed. Possibly, also, you might want to suspend the stock because, although the information was disseminated, it's not good enough for this investigator.
It would really be helpful to the investor community for you to investigate this elaborate failure to file the redundant information repeatedly because, as a non-owner of the stock, it keeps me up at night and I cannot sleep. Plus if you did something, oh, in say two years which is how long it takes your agency to compile an enforcement case, it would really make me look good and I could post it for all of the people who like me to see.
I've been investigating these pinkies for about 5 years. I only found about 4 or 5 stocks during that time that warrant my undivided attention; but this is because I devote significant time and energy to my investigations.
Thank you for your "prompt" attention to this grave and important matter.
Very truly yours,
Stock Investigator
They weren't previously issued shares. They were new issue of restricted common shares, 5mm.
If ACDU continues its non-dilution policy, and I saw nothing to indicate otherwise, this is a decent lottery ticket especially at these levels.
My Pleasure filed a Form 4. The Company filed a form 8-K. I think the disclosure is there. If Blauvelt is late in submitting the identical filing offsetting the My Pleasure document, only a retard wouldn't understand from looking at the other two documents what the transaction was. I believe the Company addressed this already on their website http://www.accreditedbiz.net , and the answer is there. So why don't you log in and post the questions there. This is such a minor issue. Even I, as long ACDU, see more important questions.
Why bother finding property at all, etc., if it's just a scam? They can make up some better stories. They've been talking about the property and Bluefields for a long time now, nobody was here complaining when no groups were involved.
Yes, form 4 unless the shares are new issue, ad nauseum.
Right, and the shares aren't owned by an officer or director. So Form 3 is not applicable.
Form 4 is what is relevant.
the Form 3 is for original issuance of shares. Form 4 is for transfer of shares. It was proper to use form 4 IMO. Form 5 then at the end of the year. Making drama over a 2 minute form that they could fill out if they wanted to as it'd contain the same data as the form 4. However, I don't know that they're reading ihub and seeing all the drama you're making about nothing.
They have to report on a Form 4 unless the shares are registered.
You need registered shares to make them able to be legally "traded," like the shares here are free trading. The shares are restricted, they can not be openly traded. It was a private transaction between My Pleasure and the other group. The Company is under no obligation to register them. They were registered shares, albeit restricted, which were converted to the unregistered preferred shares. You can follow the share trail from 2008, all with filings explaining the transactions.
1. ACDU had 4.3 million shares common in 2008.
2. It issued 5 million restricted common under Reg D selling the control to My Pleasure.
3. There was a 100 for 1 forward split in 2009.
4. My Pleasure, using their voting control, converted their common to preferred.
5. So now there are 436mm common and 500mm preferred.
Transactions of the preferred are private party transactions since those shares can't be traded on the open market, don't have a symbol, etc.
The problem that exists, Good Rev., is I don't think they care whether or not we buy the stock. If they did, they could take 5 minutes and file the form they don't need to file just to appease you, and to sell stock. But they haven't issued shares in 15 years that are tradable on the open market. So I am not sure if they care if this is .001 or .10.
There's not supposed to be a Form 3 filing, as they are not newly issued shares and are not registered securities.
I called the number listed with Pink Sheets. The CEO answered. Of course, he really isn't allowed to tell me much. He stated that they are restructuring this and would announce afterwards. To believe that this will remain with 2mm in the float is a bit naive, IMO, and I'd probably wait until they restructure the shares and issue what they are going to issue before i jumped in.
I've come to the conclusion that many people don't know how to trade. I make a lot of money buying and selling these pinks, but people don't even know I am there and I usually end up with more shares and cash than when I start. I rarely hit the bid. Take the ding dong that sold at .0027 today, if he put in an order at say .0034 and waited, he'd have made 20% more just by waiting. The buyers of these are sophisticated and when you bidwhack you can bring people willing to pay .0059 down to .0039. When they get your shares, you can bet they won't be selling them on the bid.
Moreover, the preferred shares are NOT REGISTERED. The common are registered. They retired the common for restricted preferreds. They are allowed to sell them in a non-offering type manner and they will remain restricted. There is no market for the preferreds, they do not trade, Form 3 is not applicable.
And that's a fact even if someone swears on a stack of bibles otherwise.
Form 3 does not apply. This was a change in ownership, not an issuance of shares. It's form 4.
OMG, you're so on point! let me sell me 15 gazillion shares at the bid on open and run it down to .0001.
Ha! Neither. First off, the share structure has not increased. Second, the volume on the down days is lower than the up days, so if anything, less people are selling on the down days (thus, not a "dump").
Also tactics like flashing 10mm shares on the ask to scare people into dropping their bids isn't exactly a fair tactic. You can build a wall for whatever reason.
Finally, and I don't like to mention them too much, but there are these capricious persons who come in at specific moments and have some things to say, then they disappear into the sunset, then come back a bit later. Not really an ethical way to trade.
As far as naked shorters, I believe that PERT may be playing some market maker games, but by no means do I suggest that it has anything to do with the current share price.
nice i didn't see that! haha, maybe those are fake people.
no, no, that's the wrong way to earn $100.
Everyone left the sandbox for lunch? Come on, kids, someone's got to be allowed to play.
Who is this guy and why did he buy this company's internet domain?
Domain Name: NORTIACAPITAL.COM
Registrar URL: http://www.godaddy.com
Updated Date: 2013-07-15 12:38:48
Creation Date: 2013-07-14 18:15:39
Registrar Expiration Date: 2014-07-14 18:15:39
Registrar: GoDaddy.com, LLC
Domain Status: clientDeleteProhibited
Domain Status: clientRenewProhibited
Domain Status: clientTransferProhibited
Domain Status: clientUpdateProhibited
Registrant Name: Kevin Westergaard
Registrant Organization:
Registrant Street: 727, 6th ave SW
Registrant Street: Suite 1210
Registrant City: Calgary
Registrant State/Province: Alberta
Registrant Postal Code: T2P0V1
Registrant Country: Canada
Admin Name: Kevin Westergaard
Admin Organization:
Admin Street: 727, 6th ave SW
Admin Street: Suite 1210
Admin City: Calgary
Admin State/Province: Alberta
Admin Postal Code: T2P0V1
Admin Country: Canada
Admin Phone: 4038073141
Admin Fax:
Admin Email: Kevin.Westergaard@me.com
Tech Name: Kevin Westergaard
Tech Organization:
Tech Street: 727, 6th ave SW
Tech Street: Suite 1210
Tech City: Calgary
Tech State/Province: Alberta
Tech Postal Code: T2P0V1
Tech Country: Canada
Tech Phone: 4038073141
Tech Fax:
Tech Email: Kevin.Westergaard@me.com
Name Server: NS1.BDM.MICROSOFTONLINE.COM
Name Server: NS2.BDM.MICROSOFTONLINE.COM
If the float is 2.5 million and you happen to have more than say 125000 shares, than you are a 5% shareholder, more than 250,000 shares, your shares should be restricted. Did you notify your broker of that?
temporary low floater that is. hope you dont get stuck with all those shares before they start dumping on this.
This company is a STOP SIGN on otcmarkets.com with a warning about insider trading. Big red Stop Sign.
aint nothing moving here!
NCPI big scam in the making.