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CMKX is a pinkie. The SEC rarely halts pinkies. I don't know why. If you look at their suspension list, you'll see they don't do many per year, and the vast majority were on the BB at the time. It's a very drastic measure for them to do this.
The SEC's power is also quite limited. They can issue subponeas requesting info, kick a stock off the bb, and suspend trading for two weeks plus add an extension or two onto it. Other than that, they pretty much have to take the players to court. I suspect we'll see them file some legal paperwork in the near future. Whether they grab onto Urbie and some others we'll have to wait and see. When the SEC goes after a company, they rarely file all possible charges. Instead, they only use ones they think they may have a solid case of winning in court.
The SEC never suspended trading on ADSX.
There's a big difference between an exchange trading halt and an SEC trading suspension. The feds do not friviously go after companies w/o a very good reason.
Great. I'm glad the securities guys finally woke up. It's wrong to deceive the public and sell unregistered shares like they've been doing.
I think every BB stock which has had its trading suspended by the SEC fell either into the pinks or the grey market before trading resumed again.
Incorrect Matrix, CMKX never announced that the 8% policy has been overturned, just that they planned to revise it.
Their DEF 14C filed in Feb 2003, states: As previously announced on January 7, 2003, the Company approved a mandatory cash and share dividend policy. At the majority shareholders' meeting it was determined that the dividend policy should be reviewed by the newly elected Board of Directors. Until such review has been completed, there will be no mandatory dividend policy in effect.
It was in effect then they rescinded it shortly afterwards. I've yet to see anyone show where they reinstated it.
Secondly, nowhere does it officially say that all 40bil shares will be issued as a dividend. If you are referring to the pr, it does not expressly state that ALL 40bil will be issued.
That's not how it works dude. If a company intends to distribute only a percentage of the total mentioned, they are required to explicitly say so otherwise they are releasing misleading info to the public.
There is also the standard disclaimer at the bottom of the pr concerning forward-looking statements.
That doesn't matter. Safe Harbor for forward-looking statements does not apply to pennystocks. Sec 27A(b) of the Securities Act of 1933 specifically excludes them. Yes, all pennies use such a disclaimer but it doesn't hold up in court.
I doubt this new ratio of yours will EVER materialize w/ the 222M GEMM shares. CIM's divy paydate is on Monday. There has been no revisions on that divy ratio.
40,000,000 CIM x (1 CMKX / .0256 CIM) = 1,562,500,000 CMKX total shares.
So, the 1.8 trillion CMKX figure using the current GEMM divy is quite believable. You can use the same argument that maybe not all 40M CIM will be distributed. If they don't and don't correct the info previously announced, then Urbie and Glenn released fraudulant and misleading info to the public for which they can be sued. The same would apply if they don't distribute all the GEMM after they telling the public they would.
8% payout? Nope, not even a factor here. That policy was overturned 1.5 years ago by the BoD shortly after the announcing PR. I've yet to see anyone produce a subsequent announcement showing it was reinstated.
95,502,027 GEMM x (1 CMKX / .00012267 GEMM) = 778,527,977,500 CMKX total shares
222,838,063 GEMM x (1 CMKX / .00012267 GEMM) = 1,816,565,280,834 CMKX total shares
Company Langley Park Investment Trust PLC
TIDM LPI
Headline Holding(s) in Company
Released 17:13 12-Oct-04
Number 0113E
LANGLEY PARK INVESTMENT TRUST PLC ("Langley" or the "Company")
Langley Park Investment Trust Plc announces that on the 12th October 2004 it was informed by QVT Fund LP that they were interested in 5,543,305 shares representing 7.43 % of the issued share capital of the Company.
For further information please contact:
Alastair Rae
Financial Director
0207 569 0044
12th October 2004
END
END
Ref: http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=GB00B02VD56...
QVT Fund LP is a Cayman Islands hedge fund managed by QVT Financial LP. SEC filings show QVT Fund/Financial is the beneficial owner in a few companies. Last filing reported QVT Fund holding 2.6 million shares (5.8%) of common stock in Interstate Bakeries Corp (OTC:IBCIQ.PK) and QVT group together with over 7%.
Managers: Nicholas Brumm and Tracy Fu
QVT Financial LP
527 Madison Avenue, 8th Floor
New York, New York 10022
Delaware Limited Partnership
QVT Financial GP LLC
527 Madison Avenue, 8th Floor
New York, New York 10022
Delaware Limited Liability Company
QVT Fund LP
Walkers SPV, Walkers House
P.O. Box 908GT
Mary Street
George Town, Grand Cayman, Cayman Islands
Cayman Islands Limited Partnership
QVT Associates GP LLC
527 Madison Avenue, 8th Floor
New York, New York 10022
Delaware Limited Liability Company
Ref: http://sec.gov/Archives/edgar/data/1290162/000119312504164098/dsc13g.htm
http://sec.gov/cgi-bin/browse-edgar?company=qvt&CIK=&filenum=&State=&SIC=&owner=...
Volume still coming only from cross-trades by market maker firms.
LANGLEY PARK / Currency GBX
All data delayed by at least 15 minutes
As at 12-Oct-2004 18:28:24
34.000 Price Move +1.50 +4.62%
Bid: 24.00
Offer: 44.00
Volume 1,000,000
High: 33.00
Low: 33.00
Last Close: 29.50 on 12-Oct-2004
Last 5 trades
Time/Date Price Volume Trade value Type
16:26:41 12-Oct-2004 26.00 1,000,000 260,000.00 Cross at the Same Price
15:40:42 08-Oct-2004 31.00 5,543,305 1,718,424.55 Cross at the Same Price
15:34:47 08-Oct-2004 31.00 10,000 3,100.00 Ordinary Trade
15:33:37 08-Oct-2004 31.00 5,000 1,550.00 Ordinary Trade
11:00:41 08-Oct-2004 40.00 3,000 1,200.00 Ordinary Trade
Ref: http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=GB00B02VD56...
olico: My post says: "Hopefully, you had extra cash/margin in your account" before mentioning what might happen if he doesn't. See the word margin there dude?? M-A-R-G-I-N.
BTW, most people here are not pattern day traders. Rules for day traders are different from regular cash and margin accounts. To assume everyone here falls under the same rules as someone trading multiple times per day in stocks is a big error on your part. "you better learn a few things before you speak my friend"
Hopefully, you had extra cash/margin in your account to do this otherwise you violated market regulations in trading w/ money received on an order which hadn't settled yet (3-day rule applies). If it's the latter case and your broker is paying attention, they can freeze your account for doing it.
IMO it's because Urbie is trying to keep investor interest going here. Uranium mining/exploration company stock prices have gone up huge. I think he's hoping some of that will rub off on CMKX.
If you do a search, you'll see some of his henchmen planted the seeds here about this a week or so ago.
Company Langley Park Investment Trust PLC
TIDM LPI
Headline Net Asset Value(s)
Released 16:20 08-Oct-04
Number 9052D
LANGLEY PARK INVESTMENT TRUST PLC ("Langley or the Company")
Net Asset Value
Langley Park Investment Trust Plc announces that its unaudited Net Asset Value as at close of business on the 7th October 2004 was £75,594,388. Assuming that the Downside Protection "clawback rights" had been exercised, this would represent a Net Asset Value per share of 115p.
Description of Downside Protection
Downside Protection requires portfolio companies to agree either: to issue convertible preference shares with a floating conversion price that may be lowered in the event of negative share price performance; or common stock with "clawback rights" over their Langley shares.
Clawback Rights
Clawback rights require the portfolio company to sell back up to 50% of the ordinary shares that they received in Langley Park Investment Trust Plc in accordance with the following procedure.
Two years after Listing Langley will determine if the share price of the portfolio company has decreased from the purchase price. If there is such a decrease, then for each one percent (1%) that their share price has decreased, a total of one percent of the ordinary shares received by the portfolio company at Listing shall be sold back to Langley at par (being 1p per ordinary share). The maximum number of ordinary shares that any portfolio company shall be required to sell back to Langley will be 50% of the ordinary shares received at Listing. (These shares are currently being held in escrow.)
For further information please contact:
Alastair Rae
Financial Director
0207 569 0044
8th October 2004
END
Ref: http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=GB00B02VD56...
Langley Park showed significantly more volume today, but most of it was from market member firms making cross trades between themselves.
LANGLEY PARK / Currency GBX
All data delayed by at least 15 minutes
As at 08-Oct-2004 16:25:14
100.000 0.00 0.00
Bid: 25.00
Offer: 45.00
Volume: 5,561,305
High: 40.00
Low: 31.00
Last Close: 35.00 on 08-Oct-2004
Time/Date Price Volume Trade value Type
15:40:42 08-Oct-2004 31.00 5,543,305 1,718,424.55 Cross at the Same Price
15:34:47 08-Oct-2004 31.00 10,000 3,100.00 Ordinary Trade
15:33:37 08-Oct-2004 31.00 5,000 1,550.00 Ordinary Trade
11:00:41 08-Oct-2004 40.00 3,000 1,200.00 Ordinary Trade
Ref: http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=GB00B02VD56...
sublime: Yup. I don't know if LSE uses human MM's or electronic trade matching. Until they attract some buying interest, I have a feeling that one may be extremely boring to watch and hard for the OTC companies to liquidate their shares.
xcentrix: Here ya go. It's right here: http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=GB00B02VD56...
That's interesting. Weren't the Langley shares supposed to open at one pound?
Langley Park issued shares at a value of one pound sterling. I don't remember seeing anything saying their stock would actually open there. LSE's website shows it already lost 60-70% of this value (last price: 40 pence sterling, bid: 30 pence sterling):
LANGLEY PARK / Currency GBX
As at 07-Oct-2004 17:18:23
40.000
Bid: 30.00
Offer: 50.00
Volume: -
High: 80.00
Low: 80.00
Last Close: 35.00 on 07-Oct-2004
The PR yesterday said Langley Park issued UCAD $9,005,355 USD equivalent of its stock. Fifty percent of this though has to be put into escrow for two years leaving $4,502,677 worth to sell. However, with the price dropping, the $4.5M value is now down to $1.3M - $1.8M and the total $9M is down to $2.7M - $3.6M today. I don't think Langley Park's price will recover back to anywhere near 1 pound sterling with all these OTC companies wanting to sell and apparently no interested buyers yet.
-----
GBX = pence sterling
1 pound sterling = 100 pence sterling
1.00 US dollars = 0.561316 pound sterling (exchange rate for 10/7/2004)
As a follow-up to UCAD's last PR, London Stock Exchange finally shows Langley Park trading tomorrow. Might be interesting to see how fast all these OTC companies try to sell off their Langley Park stock.
LANGLEY PARK INVESTMENT TRUST PLC ORD 1P (ticker: LPI)
Listing date 07 October 2004
Country of share register GB
Segment SEAQ
SEDOL B02VD56
ISIN number GB00B02VD566
Ref: http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=GB00B02VD56...
One Preferred Series A share converts into 100 shares of common stock.
3,000 preferred A = 300,000 common.
John Woodward previously filed these Form 3's:
Form 3 (Woodward):
http://www.sec.gov/Archives/edgar/data/1104194/000127849704000001/xslF345X02/primary_doc.xml
Form 3 (Magic Cristals LLC):
http://www.sec.gov/Archives/edgar/data/1104194/000127849404000001/xslF345X02/primary_doc.xml
Today's Form 4 though does not list the 3,000 Preferred Series A shares reported in the Form 3's: http://www.sec.gov/Archives/edgar/data/1104194/000123224704000043/xslF345X02/primary_doc.xml
What happened to those preferred shares? Did Woodward convert and sell them off then repurchase 15,000 more common? Magic Cristals held the 450,000 shares not Woodward personally. It appears he's either mixing up the two holdings or not being very clear whether this purchase was made under Magic Cristals. In either case, what happened to those preferred shares?
UK's corporation records show Langley Park has not changed its name again. Perhaps they will go w/ another London company like Jubilee Investment Trust PLC.
Name & Registered Office:
LANGLEY PARK INVESTMENT TRUST PLC
30 FARRINGDON STREET
LONDON
EC4A 4HJ
Company No. 05032867
Status: Active
Date of Incorporation: 03/02/2004
Country of Origin: United Kingdom
Company Type: Public Limited Company
Nature of Business (SIC(92)):
None Supplied
Accounting Reference Date: 31/12
Last Accounts Made Up To: (NONE AVAILABLE)
Next Accounts Due: 31/07/2005
Last Return Made Up To:
Next Return Due: 03/03/2005
Previous Names: Date of change Previous Name
16/08/2004 LANGLEY PARK INVESTMENTS PLC
Branch Details There are no branches associated with this company.
Oversea Company Info There are no Oversea Details associated with this company.
Ref: http://wck2.companieshouse.gov.uk/08035ba71fa8f3f49d688bf49743254a//compdetails
Is this the same Kevin Ryan?
Name: XTREME COMPANIES, INC.
Type: Corporation File Number: C12919-1994 State: NEVADA Incorporated On: August 18, 1994
Status: Current list of officers on file Corp Type: Regular
Resident Agent: RALPH CONRAD (Accepted)
Address: 7610 HARTWELL DR
LAS VEGAS NV 89123-
President: KEVIN RYAN
Address: 11782 WESTERN AVE UNIT 18
STANTON CA 90680-
Secretary: THEODORE SMITH
Address: 11782 WESTERN AVE UNIT 18
STANTON CA 90680-
Treasurer: BARRETT EVANS
Address: 11782 WESTERN AVE UNIT 18
STANTON CA 90680-
Ref: http://sos.state.nv.us/ofcsrh3.asp
KEVIN RYAN has served as our CEO and Chairman since October 1, 2003. Prior to taking on these responsibilities, Mr. Ryan played an integral role in acquiring the boat assets from the former parent company. As a major investor in Sonic Jet Performance, Inc. he has been involved with us since 2001 and has a broad understanding of the boating/fire/rescue industry, having also guided us in our overall business strategy. Mr. Ryan has gained experience with federal grants, having helped Sonic Jet Performance secure a government contract with the United States Army in 2003.
Prior to joining Xtreme, in 2003 Mr. Ryan worked as a venture capitalist with eFund Capital Partners, LLC since 1999. While with eFund, he has bee ninstrumental in funding several start-up companies as well as assisting these companies with overall business strategy. In 1998, Mr. Ryan earned his Series Seven, Series 63 and Life & Disability licenses while working as a financial consultant for WM Financial Services, before moving on to eFund. Mr. Ryan received his Bachelor's degree from the University of Southern California, with an emphasis in entrepreneurship, management, sales and marketing.
Ref: http://www.sec.gov/Archives/edgar/data/1114908/000123174204000280/doc1.txt
Address:
11782 Western Ave.
Unit 18
Stanton, CA 90680
USA
Website: http://www.www.xtremecos.com
Phone: 714-895-0944
Business Description: Not Available
State of Incorporation: NV
Officers:
Kevin Ryan, CEO
Outstanding Shares: 9,110,552 as of 2004-02-02
Estimated Market Cap: 1.548M as of 2004-09-28 (based on Outstanding Shares as of 2004-02-02)
Current Capital Change:
shs decreased by 1 for 10 split
Ex-Date:
Record Date:
Pay Date: 2004-01-30
Dividends:
Company Notes:
Formerly=Xtreme Webworks until 5-02
Class Notes:
Capital Change=shs decreased by 1 for 100 split. Effective date=10-6-03
Ref: http://www.pinksheets.com/quote/company_profile.jsp?symbol=XTME
Make that Dhonau plus Woodward who resigned as the Prez of Crystalix only two months ago.
On July 21, 2004, the Company issued a convertible promissory note to Mr. John Woodward in the amount of $1,824,000, which represents principal due on previously issued note payable in the amount of $1,343,722 plus accrued interest in the amount of $480,279. This note bears interest at 10% per annum and calls for monthly interest payments from August 1, 2004 to December 1, 2004. Beginning on January 1, 2005, this note requires monthly principal payments of $50,405 plus accrued interest with any unpaid principal and interest due on July 1, 2007. The monthly principal and interest payments can be paid with shares of the Company's common stock at the option of the holder. The conversion price is the lesser of the average closing price of the Company's common stock five business days immediately prior to the conversion notice or $0.08. The Company has agreed to register the shares issuable upon conversion of this note. The Company has determined that there is a beneficial feature associated with this convertible promissory note in the amount of $615,600. This amount will be amortized as financing costs over the term of the note.
Ref: http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0000949353%252D04....
They were/are business associates in at least a half dozen companies (see list below). They may have worked in more together, but I haven't really checked. I suspect the two are good friends.
Mr Ed was/is a shell peddler/financer. Shawn was a shell attorney. So, it's not surprising the two crossed paths and worked together. If you look in the NV SoS database, you'll see both are listed as RA and officers for quite a number of companies other than those listed below.
Read as: Prez, Secretary, Treasurer, Company Name
JOHN E DHONAU SHAWN F HACKMAN SHAWN F HACKMAN HORIZON PRIME, INC.
JOHN E DHONAU SHAWN F HACKMAN SHAWN F HACKMAN RED BLUFF CORPORATION
JOHN E DHONAU SHAWN F HACKMAN SHAWN F HACKMAN SILVER STREAM CORP.
JOHN E DHONAU SHAWN F HACKMAN SHAWN F HACKMAN WESTERN SKY, INC.
SHAWN F HACKMAN JOHN E DHONAU JOHN E DHONAU S.F.H. HOLDINGS, I INC.
SHAWN F HACKMAN JOHN E DHONAU JOHN E DHONAU S.F.H. HOLDINGS, II INC.
Shawn Hackman, three other attorneys, and a TA "were charged in a 64-count Indictment. The Indictment alleges that between 1994 and 1999, they participated in a scheme involving the creation and sale of fraudulent shell corporations, commonly known in the securities industry as "box jobs.""
http://www.usdoj.gov/usao/nv/home/pressrelease/february2004/hackman021904.htm
If you do a search here, you can find other posts about him.
Well, if that's the case, he should have been a little clearer because the PR says: "convertible debentures". A CD is debt which can be converted to some other kind of security in the company, usually common stock. As long as they aren't issuing tons of shares to a shady financer, they might be okay. It's always a good idea though to keep an eye on how the o/s grows.
I'm not familiar w/ Utah's practices. In other states I've followed, filings are not deemed effective until they actually hit their computer database. What's made available to the public online reflects the most current info used at the state level.
For a r/s, a company usually doesn't have to submit anything to the state. You can call Utah's SoS office which handles corporations and ask what was Veltex' last filing, whether they've received any amendments changing the a/s, and how current is their online database. For a small fee, they'll even send you copies of documents.
For the o/s, you have to go to the transfer agent or the company itself.
Some companies (diluter types) intentionally gag their TA and either won't give out the o/s or give out old numbers. Unfortunately, there isn't any regulations to force insiders to reveal current share structure to investors. Most though will do so voluntarily when asked. Those who submit regular financial filings with the SEC reveal it there as well.
Best place to check for the current a/s is with the Secretary of State's office of the company's incorporation state. Utah is one which puts this info right online so there's no need to call. Yes, the a/s for common stock here remains at 200 million. The company also has preferred stock with 120 million a/s.
VELTEX CORPORATION Corporation City of Industry Active
Business Name: VELTEX CORPORATION
Entity Number: 1166927-0142
Registration Date: 04/17/1992
State of Origin: UT
Address
19977 HARRISON AVE
City of Industry, CA 91789
Status
Status: Active
Status Description: Good Standing
This Status Date: 09/15/2004
Last Renewed: 09/10/2003
License Type: Corporation - Domestic - Profit
Delinquent Date: 04/17/2006
Registered Agent
Registered Agent: KEITH ELISON
Address Line 1: 8158 S 1475 E
Address Line 2:
City: Sandy
State: UT
Zip: 84093
Additional Information
Additional Principals: N
Stock Class 1 Amount: 200,000,000
Stock Class 1 Type: COMMON
Stock Class 2 Amount: 120,000,000
Stock Class 2 Type: PREFERRED
Ref: https://secure.utah.gov/bes/bes
SGGM's a/s was raised to 950 billion not 200 billion. Not sure how many CIM shares were issued last year but those should be added to the 40 billion.
Neveda Minerals corporate headquarters is located in Mr Ed's house. Which room(s) do you think he converted to fit those 20 geologists into? lolol
Euthydemus: Urbie planned to merge CIM w/ MRDR, a Victor Casavant pinkie company, last year but cancelled it. I guess he could r/m CIM into SGGM. Not sure why he just doesn't apply straight to the pinks. All he needs to do is find one MM willing to make a market. Daryl from BSIC seems to like him.
I can see the o/s being either 778+ million or 1.8+ trillion. Hope they submit filings soon because it will be interesting to see the justification for rapidly increasing shares issued in such a short time.
Euthydemus: Yeah, could be. If those two ratios yield approximately the same o/s, what does that do for the NSS theory? CIM's ratio is still out of line unless they aren't distributing the total shares listed in the PR.
CD financing is usually in the form of preferred stock or a different class of common given to the recipient and converted later on into common stock which is then sold into the marketplace. Whether this will be toxic to the price depends on the agreement's terms, whether the financer follows them, and how fast they liquidate. Unfortunately, the terms (very important info here) were not disclosed.
The PR said the recipient will receive 200 CDs at $4,500 each. Usually the conversion rate is either based on a deep discount to the current market value when the agreement is signed or has a sliding scale to protect the financer from taking a loss. For the first case, let's say hypothetically they agreed to a 50% discount off Monday's closing (0.03).
200 CDs x ($4,500 / 1 CD) x (1 GPVN share / .015) = 60,000,000 GPVN shares.
When the CD matures, the financer has 60 million shares to sell off to recover his investment plus a profit. That's a lot of stock which could easily tank the price when sold unless there's some significant buying pressure or he does it very, very slowly. The second case is an even worse scenario because as the stock's price decreases the conversion rate is constantly recalculated giving the recipient more and more stock and could easily be much, much higher than 60 million. If there is no anti-shorting clause in the agreement, the financer could start shorting ahead of time.
Lebaneseproud is correct CDs are often toxic because of poorly negotiated terms done with shady financers. Most of these small public companies don't have the credit/assets to get favorable funding from large reputable financial institutions so they have to deal w/ the devil -- ie those who are willing to lend money to financially unstable companies. Without seeing the specific terms and the financer's track record, IMO it's hard to say whether this one will go the route of the majority or be an exception.
Jrod0725 wrote: I know it is only speculation until it is announced in a PR, but I just called 1st Global and was transferred to a guy name Jeff (how ironic). He said the GEMM dividend is not being paid out until November 15th and the ratio is .00012267. When I told him the PR says October 1st he said that is incorrect. Take it for what it's worth.
Using this ratio, CMKX' outstanding share total comes out to:
95,502,027 GEMM x (1 CMKX / .00012267 GEMM) = 778,527,977,500 CMKX shares
However, if Urbie exercises the 60-day option, then it's:
222,838,063 GEMM x (1 CMKX / .00012267 GEMM) = 1,816,565,280,834 CMKX shares
Refs:
http://cmkxdiamond.proboards32.com/index.cgi?board=general&num=1096307787&action=display&....
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cbw%5C2004%5C08%5C02....
gump: Assuming they don't move the paydate again, what is your projected timeframe here for saying game won or game over?
Did you ask Daryl and Rendall why they attend all these races around the country? Did you notice whether they spend most of their time actually watching the races or talking to attendees?
In his case, it's hard to say. Might just be a broker screw up.
I think it's the same company, and they either previously misspelled the name or changed it. This PR from last year shows it's CMI: http://www.findarticles.com/p/articles/mi_m0EIN/is_2003_Sept_12/ai_107672858
On their own website though, they refer to it as CIM: http://www.casavantmining.com/profile_about.asp . In both cases, they mention the company is a spin off of CMKX' zinc claims. Plus Nevada's corporation database lists only one company named CIM. I haven't checked whether it was a name change or not.
As of 10 days ago, Nevada's SoS had CIM's a/s still at 25 million. If CMKX issed a one for one CIM dividend to shareholders last year and CMKX' o/s was larger than 25 million, there's a whole bunch of people holding illegal shares.
Yeah, ask your broker why you account shows a negative balance for UCAD. If the CIM was from last year's divy, ask them why that disappeared too.
It's not unusual for brokers to deduct stock they credited to your account ahead of time when dividend delivery doesn't materialize. Urbie has done so many changes with these two, he probably has confused a lot of brokers.
No, better not. lolol Truth is never as sexy as pennystock fairy tales.