The same
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I agree, there is not much exposure regarding that subject... big board or otherwise to lock down specific knowledge, to benefit our common knowledge. It appears to be a lucrative tight knit community. Just the fact that SEC has created an opposing environment to NSS would indicate that it is a more wide spread occurrence, and that we, on this side of the market most likely underestimate it's magnitude!
ncpti
There was just an interviewed segment on Bloomberg regarding the Bank of Scottland and how the NSS has brought them down. Those that say NSS don't exist better re-think!!!
If it was the company buying back and MM run short of .0001's you will see a halt in volume until MM's load up th .0001's again. JMO
Sorry Derb my friend I was sidetracked.......I see bobbydb has posted, and correctly I might add. SEC has the rules you can look them up, a person with your capabilities should have no problem. I am out of time, got to go, got to go!
GL FFGO
Posted by: bobbybdb Date: Monday, September 15, 2008 11:20:40 PM
In reply to: Derekz who wrote msg# 54711 Post # of 54720
derekz, They not only buy at the bid, but they are required to by SEC, the reason being, a buy back at the ask would put buying pressure on the ask, and could possibly be seen as retail buying causing the PPS to increase, that along with the FLOAT being retired would be a double hit on the ask pressure, SEC just dosen't like that, the shorts would be raising all kinds of he##.
So in order to keep a cool market they (SEC) require companies to purchase at the bid, and report it as a SALE
4. WAS IT COMPANY DOING BUYBACK? Dont think so with this volume buying cant imagin PPS not moving to .0002 or .0003.,
If one leans to a company buy back, remember the company can buy back at "BID", which in today's case....bid was at .0001. This would not cause the PPS to increase...and speciffically company buy back is not to cause the PPS to move up! In like the bid don't go lower either!
178mil in 15 minutes doesn't look like much of a dump to me. A little over 17K doesn't even come to pocket change for either of these boys. Looks like more of the buy back...JMO
DERB-
I have yet to pedestal Santini, he still has some big stuff to do...next week, NEXT WEEK, next week.
Recognition is due for the share count reduction....but the other side of the fence doesn't seem to acknowledge the fact as much as they negated. Actually they haven't acknowleged at all! Strange!
And at the podium a modest person will not gloat in delight!
And as you sit back in amazement don't let the PPS get away from you, least you might want to flip for a smile!
truly,
ncpti
Well DERB...
Derb- How exactly was this a major accomplishment?
It's major by any standpoint of a company buying back stock in lieu of R/S.
Derb- In my mind,
I can't help you there buddy!
Derb-anybody here that could buy a used car, take that paperwork to the motor vehicle department and register that car in their name, would be capable of canceling a share certificate with the TA.
Don't know if you ever visted a DMV in CA but it is a real experience...The fact remains that he did it..(canceled shares that it)
Derb-Exactly how was Mr. Santini faced with a challenge here?
Just that fact that it is a business plan and that it was carried out, and proven is an accomplishment, no doubt!
I think the FedEx part was the easiest! Albeit it from the Bahamas most incredible! LOL
ncpti
Go back to June 08 and read Pr's, the commencement of buy back.
Fact is it happened as stated. TA confirms share reduction.
#1 action in my book... to confirm certain actions by the company are in progress. Albeit it took longer than expected...us in "pinky land" expect immediate results of course, and most assuredly not fast enough at best!
I have said this before...this doesn't start until the TA confirms share reduction. Mind you, the company through the BOD established the share count from Billions to a reduced amount..link eludes me at this time. Then with the share buy back down to now, with further reduction to come (IMO) next week, NEXT WEEK. The first run up was a fluke, base on pump/bash hype! Real run up yet to come...IMO!
Oh and by the way...the shorts, there is not ligetmate short showing for this stock...no list, no nothing, least that I can find. Naked short??? Your speculation is as good as mine! We will not see a naked short until panic sets in! Is there one???? This will come to pass, most asuradly and we will "all" see...for what it is!
As far as gold goes....the leverage to the little sister company is very daunting, extreme, gross as you will. To use this (share count) to force.... is business to the most. Some say it's all in one, again when this unfolds, we shall see!
Next week..NEXT WEEK..next week, maybe most interesting!
Generally where there is news informally in the market, official release of that news has little effect. In the case of the OS, I would expect it to be a non event.,
None the less, a major hurtle for Santini to do! I believe the discrepancy of approx. 4 mil will be settled next week...one way or another! And in reality should be a major event considering the persistent statements to the contrary, wouldn't you agree!
I am "probing" (because that's about all we can do at this juncture) if its not only NUBV that may be the hold up.
Maybe they have the plan to implement the advertising, shipment coordination, outlet source...etc, and their time frame has not reached the action point. Maybe it is XND (the hands on) the water part of this organization that is lagging??? Just though I would put that out there for debate.
But bottom line however...or buck stops here line, NUBV is still the responsible front!
A simple thing like changing the date could go a long way to show concern! Probably more so than the recent PR's. LOL
Take care and stay out of harms way. GL
GM V and all. Wonder what's in store for the day????
GL
Actually I think it is very interesting. My TDA show .00 bid and .0003 ask. What ever is going on it is a change up from the recent few weeks!
I was wondering the same thing as well. Anyone could or would speculate a time frame for this to occur in advance of an informative PR???
Thanks for the PS, the BS we hear can be taken in stride!
Looking for the next PR from FFGO! GL
GM FFGO, with minutes to open I am looking for another exciting day and notice of shares canceled.
Yes a few were borderline. When the count is changed by the TA (in the coming days) we will see what happens.
It would be logical to think they are waiting to see the final share count before submitting!
An SEC form similar to the Schedule 13D used to report a party's ownership of stock that is over 5% of the company. Schedule 13G is shorter and requires less information from the filing party. Ownership of over 5% in a publicly-traded stock is considered to be significant ownership, and therefore must be reported to the public.
greedy, I just want to thank you for that priceless post of yesterday on the FedEx from Santini to the TA. I also want to thank you for your cautionary posts. I try to read most every post...time permitting.
My trades do not center around a message board. Nor do my avoidance of stock revolve around message boards.
I trade this stock and have reserved on the house, still with a buy today, free tickets. Not everybody has done that and I am not a holdover from previous companies.
I don't know about scaring anybody greedy. But if such proves fruitful I would consider it a great undertaking and accomplishment. Not only that, it would also prove that he, Santini, has kept his word on that particular PR item.
We'll just wait and see! Should be soon enough at this point!
Pretty rough, not for the faint of heart!
If your a gambler you can put it back in. Me however even though I picked up more today I am still riding free. Just determine your risk level and make up your own mind. Sounds like you did OK getting out at 5.
Shake rattle and roll! LOL
Oh and look what just happened....0003
Just couldn't resist, had to pick more up at .0002
Absolutely, the question is who? LOL
Do we really know??? They are eluded to as dumps becasue it was bid. If we get an 8K we will know if it is buys, if we don't your guess is/was good as mine!
OH lord look at those big dog buys!
True it was Derb just hours ago the OS was the major debate of which no one could control, one way or another.
But your man Greedy went one step above and pressed for closure of the mysterious "sent to the TA" babel, and found a priceless reply from Santini. And in his jubilant he posted such much to the delight of the dedicated.
And since there was no issue with a FEDEX sent ....postings migrated else where to avoid the aforementioned subject.
I am surprised that some...would have thought or maybe even posted that this FEDEX may perhaps be a box of chocolates to soothe the TA from the abuse of repetitious inquiry....LOL!
giamatteo67 I appreciate your post of the information that you indicated earlier.
Sometimes contrary to our liking things don't go the way there suppose to go. And in business when your dealing with multiple controlling entities, interest or just human nature, or entities that have certain elements that can alter a situation...sometimes certain items get beyond your/our/their control. Business is a work in progress and continually evolves.
Albeit I am very impatient to get the (this) show on the road....but you said...two weeks to the end of August. You mentioned other things like the bottling is not set up and test are in house.
Is the wait worth the investment, for some I suspect that is "a" concern. For investors it may be a different.
I have been all around....new and dropped my savings.....smarter and lost my capital....cautious and lost a bull run......stubborn and watched a run up go to .00 bid.
If what you have is first hand knowledge we investors will certainly put up a front for what it is worth...but to rattle the cage, as you did without disclosing sources is simply not forthright. You rely on the source...well we can't rely on you unless you disclose what, who, when, why....etc..., I am sure you can see this side of the equation.
Maybe this is how facts are produced, but no facts have surfaced .... either way. Facts are what we should be dealing with. Give me or give us something that we can bit into and we will bit!
I mean no disrespects as I know you have been here long and have fought to see this through, and have gone out of your way to get information!
What's happening is that they're filling 0.0003 limit orders at 0.00029.
You are so very correct!
So, with that statement we could assume that the short market is relieving them selves of .0002's at .00029 to recover somewhat from their position!
As we note that buys (listing as .0002 sells) should move the pps up if they were listed at .0003, but didn't show as a buy and ASK didn't get didn't get touched!!! Makes you wonder???
And as experience tells us that when a "company" buys back shares they buy at bid........with out the bid falling. The bid didn't fall!
We have seen the good people here post their personal experience with this perplexity today. .00029 buys showing as sells or bid!
UUhooo, shoe is on the other foot now....LOL!
thats not proof. ,
PRICELESS!!!!!! Thank you.
Posted by: greedy__malone Date: Monday, September 08, 2008 2:04:05 PM
In reply to: None Post # of 52185
This is how you verify Santini is doing what he says he is doing. You go to the source and require confirmation and verification for everything. In this instance he provided the tracking number which means the T/A numbers tomorrow should reflect the true O/S.
Tracking number
864692967380
Signed for by
C.BARR
Ship date
Sep 5, 2008
Delivery date
Sep 8, 2008 9:58 AM
Destination
GOLDON, CO
Delivered to
Receptionist/Front Desk
Service type
Priority Envelope - Indirect Signature Required
Clearance detail
Weight
1.1 lbs.
Status
Delivered
Signature image
available
No
Date/Time
Activity
Location
Details
Sep 8, 2008 9:58 AM
Delivered
GOLDON, CO
7:38 AM
On FedEx vehicle for delivery
ARVADA, CO
Sep 6, 2008 7:21 AM
At local FedEx facility
ARVADA, CO
7:21 AM
At local FedEx facility
ARVADA, CO
Package not due for delivery
4:51 AM
At dest sort facility
DENVER, CO
3:59 AM
Departed FedEx location
MEMPHIS, TN
Sep 5, 2008 9:51 PM
Int'l shipment release
MIAMI, FL
5:22 PM
Left FedEx origin facility
NASSAU BS
10:57 AM
Picked up
NASSAU BS
And when it drop to .0001 bid the MM's can't fake the .0003 buys at .00029 to show a sell at .0002! WaaaHOOO!
They are already toast,,,,letting their .0002's get taken from them at a .00009 loss. They do not what this to move up........period!
Thanks pont, would there be a deadline for these filings? I will do some research to see if I can pinpoint this date. Thanks again.
That's why I asked how what was referenced was related to FFGO!
Well, you asked, so I'll give;
Dl Date Symbol Company Name Effective Date/Comments
5/22/2006 GWGOE Great West Gold, Inc. Common Stock 5/23/2006 Failure To Comply With NASD 6530; Added to NBB (GWGO) **
05/22/2006 13:45:14|D||GSACE||GelStat Corporation Common Stock|05/23/2006|Failure To Comply With NASD 6530; Added to NBB (GSAC) **|||U
NASD Rule 6530, also known as the Eligibility Rule, requires that an issuer be current in its required periodic financial reports in order to be eligible for quotation on the OTCBB.
FFGO is still being quoted, how does what you presented of GWGO apply?
Don't take me in opposition, if it is out there I would really like to know so as to determine my position better. I am sitting on free tickets for this show, but can get refunded if all turns to something else!