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Website opening later this month
In regards to the talk of a short squeeze here. Please correct me if I am wrong.
Once the name change occurs don't all contracts need to settle? Wouldn't the gap that happened this morning be the squeeze you are referring to?
Please read below and let me know if a squeeze is still possible or if the name change and gap this morning accounted for all the shorts......
The question: "Would a CUSIP change make the short shares have to cover?"
Seems from what I have read, a CUSIP change could force the cover of NSS positons if the change is done in conjunction with a name change. It is my understanding that the mechanics of the CUSIP change (with name change) would effectively prevent trading shares of the old CUSIP # and would create an entirely new set of shares through the DTC. By doing this, the DTC is forced to account for ALL of the old shares exchanged for the new shares. Without the name change, the old shares would simply be renamed. With the name change, they are physically exchanged which will isolate phantom shares and force covering.
At this point, I believe the broker who sold the Phantom Shares would be responsible for making good on the transaction. Perhaps the broker would force a squeeze in the NEW CUSIP shares in order to cover. The price again would spike as the broker(s) who were guilty of selling counterfeits made good through the new market.
Here is a conversation that occurred with the CUSIP Service Bureau:
...The CUSIP Service Bureau rep stated that a CUSIP # change "usually" comes with a name change, but not always. He stated that a name change will "always" come with a CUSIP # change though. He told me that the "name change" and the "CUSIP # change" starts with the company's Transfer Agent (TA) coordinating electronically with the CUSIP Service Bureau by linking the company's name and address. Then the CUSIP Service Bureau Coordinates with the Depository Trust Company (DTC).
The DTC will serve as the overseer to coordinate with the regulatory authorities and/or agencies whomever as deemed necessary. Sometimes the TA will coordinate with the DTC too for certain confirmations or transactions as deemed necessary. The DTC makes sure there is proper share accountability for proper dissemination into our brokerage accounts. This is all done electronically.
After the company/TA receives their new CUSIP # from the CUSIP Service Bureau, the company/TA (& legal team) then coordinates with the NASDAQ and SEC for the already coordinated amount of shares as the new inventory. The company/TA will then coordinate with the DTC to confirm the amount of shares and other key info.
After accountability is confirmed by the DTC, the DTC then authorizes the brokerage companies to change all old CUSIP numbers to the new CUSIP numbers electronically within our brokerage accounts. A CUSIP# change is not enough from what most believe throughout the investing/trading community to force a covering of a naked shorted position in my opinion...
The CUSIP Service Bureau further explained it as when stock 1234 changes its name and CUSP# to stock 5678, the shares of stock 5678 are given to them electronically by the TA to replace stock 1234. This is the key transaction. If only a CUSIP # change transpires then a lesser type of accountability takes place. The name change matching the address of the company is what actually forces an exchange of the "old inventory" of shares to the "new inventory" of shares. Without the name change, there is NOT a "movement of shares" from the TA that takes place.
Only one phase of the accountability process is required to take place to verify accountability when only a CUSIP # change transpires because of the lack of not having a creation of the "new inventory" of shares by the company/TA. Therefore no movement of shares takes place. This is a simple misunderstanding by many companies, but if not considered, it could be the difference for any type of forced covering of any naked shorted positions.
If there is NO DILUTION, a covering of the naked shorted positions should take place due to what's revealed during the accountability process between the DTC after getting the "new inventory" of shares from the CUSIP Service Bureau if there is not only a CUSIP# change, but a name change too.
Because of the CUSIP # change, the MMs will be required to account for each of the old shares with the new shares. Because of the name change, it's important because it forces the DTC to play a more finite role by not only accounting for the old shares to equal the new shares electronically, but forces them to match a "new inventory" of shares that have been given to them from the CUSIP Service Bureau as the new official/approved inventory by way of the shares given from the company/TA.
Good morning
911 trade. If news is truly coming......This will be on its way over a penny and on its way to 2
ASCM Vs. ASCM Who wins?
The MM's are DRIVING the price up!
I love seeing the MM's on the bid with 10,000 creating support.........Wanting YOUR shares! HOLD
BOOM .....Broke through
The MM's are here now and thick........They are fighting for your shares! Be greedy! HOLD!
Very briefly. That was fun to watch. Was on both sides of the trade. Did his thing......And gone....And back again........
I have a feeling you'll be fine my friend....
I have a feeling you'll be fine my friend....
Depending on who you trade with, some of these companies take some time with name changes. Sometimes the shares are locked up and there is no access to your shares, until they go through with the ticker change.
I've seen them take a few days where trading is happening but YOU can't trade as you have no access to your shares. All because of a symbol change.
There are also people that can't see level 2 yet.
Once all of these people have full access to their shares and the ticker is functional, I think this will move even further.
No way am I selling anywhere near where we are. I'm long and holding for silver. As tempting as it may be.......
When that website opens near the end of the month....BOOM
I love seeing ALPS at .21 and MAXM at 8 bucks.
The thing about a lot of these guys that have been here for years.......Some of them I am positive bought in at 2 cents and higher. Hopefully they have averaged down.
They've been here and seen it all. I'm glad they are getting a taste of success, but there is a long way to go for them to be happy. especially if they've been holding and adding for 5 plus years.
Hopefully this thing continues its upward movement and everybody here holding long gets theirs.
Next we see the website up. I predict this month. Then more news of deals. Could be big deals! Then sales results and profits.
Sky is the limit.......
Big things coming this month!
Close.....Tomorrow
Let's see if we can clear half a penny today!
I love how tightly the longs are holding. Forcing the bids to rise. Not many flippers here......
Why would Redhawk change its ticker to SNDD if it was going to sell off the SANDD device?
ALPS pulled back to .02. Even the MM's don't want to sell down here. It's getting real.
I had a good chunk on the ask. I removed it. My shares are too valuable and if this goes where I think it is, I'll want those shares.
Copper at the end of the month. Silver in the near future. Possible gold long term.
Let's see what ALPS has for us at .0040
1st surprise........There will be more by the end of the month. Off we go.
Right. The one on Ebay for 5 bucks is FDA approved too. 2 others were FDA approved as well. But I decided to look into what was out there and see what the competition is.
Again, I'm here and in this stock. I obviously want it to do well.
But for some reason while putting up the competition and kind of questioning things a bit I got piled on a bit there.
It's all good. I brought some things to the attention of others that hadn't thought of it. So, like you said it's a good thing.
They seem to be building something here and I'm glad to be involved.
I'll always take shares on the bid, but I'd never post something to achieve it. Not my style.
I don't see anywhere where this item was "defective." It could have been discontinued for lack of sales. There are still plenty out there for sale and they aren't selling like hotcakes.
As for the other one being bought out....That's great news. And it has a website you can buy it from.
The good news is that on Amazon and Ebay aside from the 5 dollar Sharpx I can't find any others for sale. The ones that I can find are from overseas. Those do not pertain to the US market.
So even though there are others out there available, it doesn't appear to be any in the US market that are viable.
I'm cautious as I've seen many tricks played in the pinks. Ugly nasty lies and deceit. I'm not saying that HAWK is, I'm just cautious and try to cover all bases.
I wouldn't be as deep in this stock if I didn't believe.
I think there will be a surprise or 2 by the end of the month.
Here is another:
https://www.schoolhealth.com/the-disintegrator-plus-needle-disposal-system
And another:
This item you can now get for 5 bucks on Ebay. It didn't originally sell for 5 bucks however due to no demand or promotion the item is now selling for 5 bucks.
https://www.hospitalnetwork.com/doc/needle-destruction-unit-0001
I am hoping for a Govt contract. That would be the icing. THAT is one of the reasons I am here.
I think big. If this ends up being the VHS of the VHS BETA war, and it ends up being the item that ends up in all the schools, hospitals, old folks homes, ambulances etc. With a Govt contract..........BOOM
But it has to be the right management team with the right connections and ambition.
From what I've seen so far.....So good.
The next few months will determine.
I get it. That's why I'm here. This is not a share selling scam and most of these pinks are just that.
I got in much lower than we are right now and I could sell and walk. I'm not. I'm here.
If they continue to build and progress I'll stay.
As of right now they don't have a website that is operational. They don't have a way to buy their 180 dollar product aside from phone orders. There is barely any promotion for the item yet. The item they have for sale has competition that can be purchased for 5 bucks.
I'm here to see the new website, Dr. Drew, this social media promotional campaign, sales to schools and profits. And possible Govt subsidies/intervention.
When those things happen then were gold.
I'll accept a little dilution as long as these things are accomplished......
As far as the PPS. Supply and demand. With the equal demand for shares the price would be double without the doubling of shares.
I am long this stock. I have a bunch of them. I see where it is going. BUT, I also understand dilution is happening and that is one thing people here are NOT talking about.
Adding millions of shares per month WILL have an affect on the price. You can see the MM's dumping and stalling price gains.
As I've said in the past. The next few months will shed light on where this is going. Name change, new website, news, sales figures....
Until then we are where we are at.......
We would be above .005 if the OS hadn't gone from 454,180,482 Million - as of Sep 5, 2018 to over 900 million now.
There are others:
https://www.hospitalnetwork.com/doc/needle-destruction-unit-0001
Bids building. Asks getting slapped. MM's on the bid and raising their bids higher. MM's on the ask and raising their asks higher. These are good signs.
The next few months will be exciting. Get them now while you can.
NITE backed up his ask to .0026
When MM's dump shares on the ask it really stalls this stock. NITE sitting there on the ask now. And why are they selling shares again?
Bids are building. No MM's(ALPS) until .0040. Very thin.
The next few months will be big for this stock.