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RB, is slow tonight and having server problems. Lately I am bookmarking more stock threads here on I-Hub. RB, has more stock threads but most of the posts are total BS with guys having multiple aliases. Mostly bashers, hypers and pumpers there. Time to cut back even reading RB.
Anyone on MLXO and Cornell. Find out if they are still in bed together or not. The end of the day huge drop is typical of Cornell involvement. Cornell really sucks and is toxic financing to just about any stock.
RB, really does suck. As soon as anything moves all the BS starts (pumpers, shorters, bashers) and you don't know what do believe there. It's so hard to pick up good info there.
Dream did you dump out of your ONTV? Also did you dump out of BWDI as well? You aren't posting about it on RB anymore.
MLXO and Cornell. Anyone really have hard facts that Cornell is not involved with MLXO? Collapse at the very finish looks like a typical Cornell ploy and short.
Meaning MXLO is done with Cornell or not? Why not a release like GCCP did?
Anyone else on MLXO and Cornell? Have they broken off their relationship for sure?
I thought Eztradin had posted they did a deal with Cornell. Did they or didn't they? Whether it be Cornell or Dutchess it's toxic financing. Supposedly these companies short the stock and do other manipulation. It's sad that they can get away with this. When I see this type of financing I usually pass. I am in BSIO and they got involved with Cornell. I am down over 50% and the stock has stagnated for months. I'd be thrilled getting out even.
So do they still have a relationship with Cornell or not? Once companies are in bed with Cornell they always seem to go back for more cash. Cornell is almost always toxic to any penny stock.
Because QRVI is a pink POS with a ton of shares. I need a little run so I can dump this POS. I'm stuck in around .0016. Being pink, they don't need to say anything.
QRVI news is really UFSY news.
NNOS is a major POS. I need a four bagger from here just to break even. I got sucked in with all their great technology announcements. Now it's all acquisitions, even though they don't have money. Something really stinks here. NNOS is a stinkie pinkie. :)
How about just one release? Waiting with you. :)
Watching MXLO at these low levels but I am glad I did not enter at the higher prices. Any company that Cornell touches turn to shit. I've seen this over and over. This naked shorting has to stop. If I see Cornell or Dutchess enter any stock I own, I dump. Damn crooks!
EZ, I got killed in taxes in 2000 and 2001 when I had huge gains from 1999 and then the pennies started plummeting in 2000. It was a massacre as I had to sell-off to pay taxes. Now I mostly trade in a SEP IRA because I am self-employed and a Roth IRA. It's great. I never have to worry about taxes or finding where I bought a stock at. The only downside is you don't have access to your money if you need it without large penalties. With a Roth IRA you can take your principle out but you are limited to your maximum annual contribution.
I was actually in at .022 averaged down to .015. I can't put any more money into this and will just wait for any pop if one ever comes. I have enough shares and also own many other penny stocks.
I'm not stunned because it's a pinkie. Lot's of pinkies are now getting hit in this market. There just isn't enough info available in these pinkies. I'm learning with pinks to get in and out real fast. I'm stuck in currently in this POS at .015 They just don't put out enough news and info to keep investors informed. I'd love to just get out even and use the money for other stocks.
I think Carrie Underwood has the lead and is the one to beat. The fat guy or the blonde guy will be the next out.
Lebed. What a load of crap. This guy is a piece of work with a bunch of sheep. My favorite line is:
"My firm Lebed & Lara, LLC, has been compensated by a third-party (CLX & Associates, Inc.) $22,500 cash for a one-month GXXL investor relations contract. Never invest into a stock we discuss unless you can afford to lose your entire investment."
USXP sues again. Their press releases remain great reading. Well at least this one might do something about naked shorting. Altomare is one of the biggest crooks out there. Their blurb at the bottom says USXP is a 22 year old logistics and transportation company? Lol
Universal Express' Lawsuit of $1.4 Billion USD to Move SEC to United States Appellate Court
Monday April 4, 10:34 am ET
NEW YORK--(BUSINESS WIRE)--April 4, 2005--Universal Express Inc. (OTCBB: USXP - News) today reports that compensatory damages in the Company's suit filed against the Security and Exchange Commission with respect to the "naked shorting" scandal is now estimated to exceed $1.4 Billion USD.
"Despite the fact that the SEC ignored, denied and attempted to cover-up the 'naked short selling' scandal, Universal Express and others have been courageously exposing this SEC issuance of trillions of counterfeit shares as a violation of criminal statutes and a destruction of public trading confidence," said Christopher G. Gunderson, General Counsel of Universal Express.
"Fortunately, the company's lawsuit will now be considered by the United States Court of Appeals for the Eleventh Circuit, the second highest Court in America. We anticipate that this venue will be less expensive with a shorter deliberation outcome than a full Jury trail of such importance, which would have been appealed inevitably by either side. We enthusiastically welcome the high profile and more practical Court of Appeals," continued Mr. Gunderson.
"The Company filed suit in Florida against the SEC and its conflicted and unchecked agents for interference and harassment with its ongoing developing business relationships in obvious retaliation for the Company's high profile exposure of the agency's 'naked short selling' scandal.
"The SEC retaliated with a spurious and unproven press release and lawsuit in an attempt to 'venue' or 'forum' shop rather than to join the existing lawsuit in Florida or to simply solve the problem.
"The SEC's recent SHO list with a 'grand-fathered' clause to forgive the past illegalities of short selling American securities is an attempted cover-up of this ongoing scandal. Imagine that trillions of shares, questionable compensation to the SEC, billions of dollars of un-owned securities stolen from thousands of companies and hundreds of thousands of stockholders should all be 'grandfathered' simply because the SEC decreed it should, without financial settlement of these massive illegal short stock positions!" concluded Mr. Gunderson.
"Despite our timely and much discussed Luggage Express (www.usxpluggageexpress.com), our growing private postal trade association (www.universalpostnetwork.com), and our technologically advanced retail division (www.universalcashexpress.com), Universal Express finds itself, while it develops a new American public conglomerate, to be regrettably embroiled in a righteous legal proceeding on behalf of American shareholders against the same agency empowered to assist us in our development of jobs, revenues and stock valuation," said Richard A. Altomare, Chairman & CEO of Universal Express.
"The SEC was created by our Congress to fairly and professionally regulate our public trading systems, develop new companies, opportunities and jobs. Since 1997, Universal Express has been persistently requesting assistance from the Legislative and now Judicial branches of our government against an unchecked and all powerful agency that, in our opinion, has through electronic and computer trading lost its way and is either unable or unwilling to ask for help or directions. I believe that the Appellate Court may have the answers for the thousands of companies that Universal Express will represent as we now take the scandal of 'naked short selling' and abuse of power to the second highest Court in our Land," concluded Mr. Altomare.
About Universal Express
Universal Express, Inc. is a 22-year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For more information please visit www.usxp.com
USXP sues again. Their press releases remain great reading. Well at least this one might do something about naked shorting. Altomare is one of the biggest crooks out there. Their blurb at the bottom says USXP is a 22 year old logistics and transportation company? Lol
Universal Express' Lawsuit of $1.4 Billion USD to Move SEC to United States Appellate Court
Monday April 4, 10:34 am ET
NEW YORK--(BUSINESS WIRE)--April 4, 2005--Universal Express Inc. (OTCBB: USXP - News) today reports that compensatory damages in the Company's suit filed against the Security and Exchange Commission with respect to the "naked shorting" scandal is now estimated to exceed $1.4 Billion USD.
"Despite the fact that the SEC ignored, denied and attempted to cover-up the 'naked short selling' scandal, Universal Express and others have been courageously exposing this SEC issuance of trillions of counterfeit shares as a violation of criminal statutes and a destruction of public trading confidence," said Christopher G. Gunderson, General Counsel of Universal Express.
"Fortunately, the company's lawsuit will now be considered by the United States Court of Appeals for the Eleventh Circuit, the second highest Court in America. We anticipate that this venue will be less expensive with a shorter deliberation outcome than a full Jury trail of such importance, which would have been appealed inevitably by either side. We enthusiastically welcome the high profile and more practical Court of Appeals," continued Mr. Gunderson.
"The Company filed suit in Florida against the SEC and its conflicted and unchecked agents for interference and harassment with its ongoing developing business relationships in obvious retaliation for the Company's high profile exposure of the agency's 'naked short selling' scandal.
"The SEC retaliated with a spurious and unproven press release and lawsuit in an attempt to 'venue' or 'forum' shop rather than to join the existing lawsuit in Florida or to simply solve the problem.
"The SEC's recent SHO list with a 'grand-fathered' clause to forgive the past illegalities of short selling American securities is an attempted cover-up of this ongoing scandal. Imagine that trillions of shares, questionable compensation to the SEC, billions of dollars of un-owned securities stolen from thousands of companies and hundreds of thousands of stockholders should all be 'grandfathered' simply because the SEC decreed it should, without financial settlement of these massive illegal short stock positions!" concluded Mr. Gunderson.
"Despite our timely and much discussed Luggage Express (www.usxpluggageexpress.com), our growing private postal trade association (www.universalpostnetwork.com), and our technologically advanced retail division (www.universalcashexpress.com), Universal Express finds itself, while it develops a new American public conglomerate, to be regrettably embroiled in a righteous legal proceeding on behalf of American shareholders against the same agency empowered to assist us in our development of jobs, revenues and stock valuation," said Richard A. Altomare, Chairman & CEO of Universal Express.
"The SEC was created by our Congress to fairly and professionally regulate our public trading systems, develop new companies, opportunities and jobs. Since 1997, Universal Express has been persistently requesting assistance from the Legislative and now Judicial branches of our government against an unchecked and all powerful agency that, in our opinion, has through electronic and computer trading lost its way and is either unable or unwilling to ask for help or directions. I believe that the Appellate Court may have the answers for the thousands of companies that Universal Express will represent as we now take the scandal of 'naked short selling' and abuse of power to the second highest Court in our Land," concluded Mr. Altomare.
About Universal Express
Universal Express, Inc. is a 22-year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For more information please visit www.usxp.com
SSP well you are good at reading SEC reports. I can't figure out if this is good or bad. I'm sure you do have an opinion on the 8-K. I'd like to hear it. Thanks. Feel free to PM it if that is better.
SSP, please explain a little further. Don't acquisitions do little for share movement while reverse mergers can really move a stock? Where do you see this going in the short term (this week) under these disclosures in the 8-K. In your opinion, does it have more legs or did it do it's thing on Friday? Each reverse merger has different terms. How would you analyze this one? Thanks.
SSP, can you translate if this is good or bad. What's up with the series B and half billion shares. Is this dilution and too many shares? SSP, you are good at understanding these filings. I don't quite understand this one and if it is good or bad for the share price. Please help and interpret. Thanks.
I sure hope you mean .006. Lol
Is the market closed all day tomorrow for Good Friday or only a half a day?
I tend to talk to the company versus the IR guys.
I do on many of my stocks but haven't on this one. I have learned that it's best to get in and out of pinks quickly most of the time. Most don't stay up after a run. I own too many other reporting pennies that I prefer putting more time and energy into.
Because pinks stink. :) Actually it's because they are pink theat it's hard to get info and find out what's really going on. They can hide a lot being on pink. I'm in at .022 and will dump on any run. I'm tired of not being able to get info.
EZ, MLXO looking good for you. I'm just watching. Does it concern you that Cornell is involved? Every time I see Cornell or Dutchess involved I tend to run away. From the date Cornell got involved the stock dropped badly. They sure mess with a lot of companies. Your opinion?
Thanks Ez. I should have checked I-Hub first. It was right here all the time.
Thanks Truman that sure did the trick and it was right here on this site.
Thanks for the website.
Anyone know a website that gives the daily volume on pink sheet stocks where you can go back and look at the daily volume each day?
Anyone know a website that gives the daily volume on pink sheet stocks where you can go back and look at the daily volume each day?
I'll take my chances on SCRH. I've averaged down and accumulated for a while from the .03's to .022 and still think it has a higher upside with a lower downside. I will wait for the coming news releases and the annual.
Look at the SCRH S-8's. They are all very small. Some 1 million and others 1.6 million. There are still only around 20 million O/S which is very low. They don't own the clubs but get a franchise percentage on all of them. Pure profit. The clubs are profitable as is the Name SCORES. The free advertising on Howard Stern is priceless.
On SCRH the official Miami SCRH opening news release is expected soon even though the club is open. The annual is due out by 4/15 which is supposed to look pretty good as well. I'm locked and loaded at .022. I talked to the PR guy John at 305-724-6902
The West coast totally sucks if you are a late night person like myself. I'm definitely not a go to bed by 10-11 PM and get up at 6:30 AM. So many times I am forced to stay up all night for the market open or go to bed at 3 AM and miss the first half of the market. I wish we had the East Coast hours of 9:30 AM to 4 PM to trade. I can't figure a healthy way to sleep and trade.
EZ I must have missed those posts. I really did. I assume then your position ios taking some shares off the table and keeping a core position for the long term.
I am more concerned with your take on yesterday's news release. What was your feelings on it?