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I believe he is basing that date off of the 21 day timeframe to respond to petition. But agree with your message.
They already have a black eye so when the petition is denied it will match the new black eye their about to get.
If you have read the process on the SEC site that has been linked here numerous ti.es, you would know the petition is a formality and expected. It is a prerequisite of final decision. Rigjt from SEC site. Take the time to read.
And yes, people file things all the time that most likely will be denied. It's what lawyer do daily. Throw it against the wall and see what sticks. Period. Done. Fact!
Won their case. Petition is formality. Will be denied soon. Boom time
Zip code charger here folks!! Gonna soar soon and make OTC history. Which it already has. Hold those shares and be a part of history!! Daaaaabooooom
Case dismissed, petition just a silly attempt by Samantha to show her boss she tried. Will be denied possibly as early as next week. These shares are a good as gold!! Scare tactics arent working.
DaBoom coming. Pink then otcbb. major runner. 5000%-10,000% gains.
Big profits fast approaching!! Ignore the noise. History being made here!! Know what you own and stay the course!!
Also coincidentally, many say penny stocks cant be shorted and others saying it would cost $2.50 a share. I did however have proof and links that squashed that theory. Also same people that are saying no shares short here. So I'll take my chances.
Sorry you've been burned. I on the other hand have made a fortune of of these plays so I'm not jaded. Turned $700 into $200k on BV*TK 2 years ago and also turned $30k into $600k on a different play.
Not to mention I've invested major profits from NFLX options. So house money. I could care less if goes to zero.
Companies dont have to make profit to trade on the pinks. Actually most dont and almost zero have audited financials which costs hurdred thousand dollars. This gem will be on the pinks and sooner than you think.
Netflix is billions in debt and literally burns cash. So should they be revoked?
Do you acknowledge that penny stocks can and are shorted. If so, look back to the days leading up to last day traded on pink sheets and went to grays. The volume was in the 100s of millions. Now, being that there was a unauthorized article that crused this stock, do you think any of those 100s of million of shares traded could be short. There is no link or screenshot to prove it. Just common sense and intuition. Regardless. People either believe or dont. My money is mostly invested here for the uplist. If there are in fact that many short, I stand to make a astronomical amount of return on investment. If there are no shorts, uplist will be nice return also. If neither happen, it's a small investment for huge return.
And naked shorts dont report to FINRA. And dont pay $2.50 a share. Those my friend are myths.
Steamroller coming soon, shorts will be flattened and broke!! Going to be glorious!!!!!
Adding to my 4 milly every chance I get. I couldnt be happier!! $$$$$$$$
There was a different post with a link to I believe yahoo, it had every days volume leading up to delisting. From may 2017.
Same can be said for the sells to make it look like a drop is coming. Thanks for pointing that out! Up we go!
Hey LP were you the once that posted the volume from may 2017. From the articles I've read most of the time 50% of volume on otcbb's is short. Between that and the fact the volume spiked after the unauthorized article for a few days and then delisted 2 days later. This would mean the shorts never had to settle according to the rule. So this is proof enough for me that this short position exists and never settled
Finally someone gets it! It keeps being brought up that there's no shorts because they have 2 days to show shares. What these people are missing is, the last 2 days this traded 100s of millions shares, and then was suspended. So the 2 day rule doesnt apply. These shorts thought this stock was dead and buried. Now it has new life and these people are in serious trouble. This is going to be epic. And I have over 4 million front row seats!!
Bottom seems to be in. Profit takers from .0007 and week hands seem to be gone. Volume has slowed due to people holding shares and many seem to have the shares they want. Once news breaks it will be game on. In a holding pattern for now!!
Learn how to read between the lines.
It's been posted 1000 times. Naked shorts arent reported and arent posted. Many are illegal and done offshore. Happens all the time so dont say it doesnt one more time. There's tons of cases and articles. Search yourself. This stock was heavily shorted 2 days prior to suspension. The shorters never thought it would trade again fast forward 2.5 years and the first ever to rise from the dead is back.
Says within these timeframes, so could be today or 24th. Depends on which option lawyer chooses. But 10 day option would be 13th. 21 day would be 24th. Based on timeframes on SEC site.
https://www.sec.gov/about/rulesprac042004.htm#411
Boom with or without shorts. Uplist play more than anything.
2 options for DBMM- cross-petition (within 10 days) or motion for affirmation.(within 21 days)
https://www.sec.gov/about/rulesprac042004.htm#411
(b) Procedure. The petition for review of an initial decision shall be filed with the Commission within such time after service of the initial decision as prescribed by the hearing officer pursuant to Rule 360(b) unless a party has filed a motion to correct an initial decision with the hearing officer. If such correction has been sought, a party shall have 21 days from the date of the hearing officer's order resolving the motion to correct to file a petition for review. The petition shall set forth the specific findings and conclusions of the initial decision as to which exception is taken, together with supporting reasons for each exception. Supporting reasons may be stated in summary form. Any exception to an initial decision notstated in the petition for review, or in a previously filed proposed finding made pursuant to Rule 340 may, at the discretion of the Commission, be deemed to have been waived by the petitioner. In the event a petition for review is filed, any other party to the proceeding may file a cross-petition for review within the original time allowed for seeking review or within ten days from the date that the petition for review was filed, whichever is later.
(e) Summary Affirmance.
(1) At any time within 21 days after the filing of a petition for review pursuant to Rule 410(b), any party may file a motion in accordance withRule 154 asking that the Commission summarily affirm an initial decision. Any party may file an opposition and reply to such motion in accordance with Rule 154. Pending determination of the motion for summary affirmance, the Commission, in its discretion, may delay issuance of a briefing schedule order pursuant to Rule 450.
Zip code change in near future!!
On level 2? Hahahahaha
And how does that 2 day rule apply to a stock that was suspended and whoever shorted thought it would never trade again. Not to mention the people that naked short aren't worried about the law, and many are foriegn.
If that's the case, then the theory that this victory would cause a major problem with ALL the other stocks that were revoked. This has been stated many times. So if your saying only 4 fought it then there goes that theory. Not to mention many were guilty as charged and disnt want to spend hundreds of thousands to fight.
Wrong and very wrong. Actually the lawyer can do a few things. File cross-petition a d file motion to affirm initial decision. As for the second part, being appointed chief is extremely relevant, as it speaks to the experience and respect this judge has earned from the people that would havecto challenge the decision. Majority is needed. And will be very unlikely to get the majority to challenge the ruling. Period!!
Guess it's a good thing it's not a grey stock then! Better chance of uplist than get revoked. Flat out! The case was dismissed, and it will be extremely hard to get the majority of commission (necessary) to agree to review.
.05+ before 2020
This pile of shit will run 10,000% the day it uplists
Better chance of NASDAQ than your prediction! Lol
I wouldnt want to be without shares when petition is declined. People on sideline waiting to get back in will be left in dust.
Agree! No news is good news!
.25 to $1 within 2 months
Scams dont win 2.5 long court cases while under a magnifying glass!! Get real people!!
Wonder if the judge may have picked that up over 2.5 years in court hearings that company won. Hahahahahahahahahaha.