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My share numbers are now correct also at TDA. At the open of business this morning they were not yet corrected. They did not charge me a fee for the change. I guess we will see what happens soon.
WW
Does your account reflect the split? My account still shows that I hold 15MM instead of 100K after the R/S. Until it shows 100K shares I can't sell.
WW
Here is why no one's shares have cleared. According to Miss Moore this problem is for all brokerages right now.
reverse split From: Message Center Client Services | Date: 04/26/12 11:08 AM Mr. XXXXXX, Thank you for contacting us today. I show that our Depository is working with Tytan Holding Inc. at this time to make the new CUSIP number DTC eligible, which means they have to determine if they can be held there, or if they will need to send us the certificates to hold in our Cage at TD Ameritrade instead. If the security is able to made DTC eligible, the shares will be posted to your account once received, otherwise we will need to wait for the certificates to be received at our firm. Unfortunately, we do not have an exact timeframe on when this will occur but will continue to monitor the event. Please let us know if you have additional questions. Sincerely, Heather Moore Corporate Actions & Dividends Division of TD Ameritrade, Inc.
WW
That is good to know. I haven't tried to buy any more since I have all the exposure I want in that particular position. They would likely have many law suits if they tried to prevent Selling and their clients lost a lot of money if a BREAKOUT got cranked up and we can't sell.
WW
I checked my TDA account like I did Friday and I have not seen anything anywhere in my email or account that says that any of my shares can not be traded. I go to the Sell/Buy box and I'm told that there is 888,400 shares in the Bid and 400,000 share in the ask. Prices at .0007 bid and .0009 ask. I have searched everywhere there might be a notice of TYTN being blocked or can't be traded by me. I have been with TDA for a lot of years and have a lot of money in their brokerage. I have no doubts that they would have notified me if anything at all was going on with one of the stocks in my account. I seen nothing nor heard anything.
WW
WW
I'm just thinking out loud, but here is some things that have passed through my mind. Mark shot himself in the foot with the A/S thing and I believe he knows it. He only did it because he could not raise the money he needed to do what he wanted to do. In 2006 he would have had no problem, but this is 2011 new ventures can't raise capital. With such a large A/S the shares will never amount to enough to even use them as collateral. I believe he let this be known when he was over in China. He is known over there and respected also. I believe TYO picked up on this and set up their visit and now Mark went back over there. IF and I did say IF, one of the deals that Mark cooked up with Sinomach/TYO is a healthy LINE OF CREDIT then Mark would have no need of the expanded A/S and can get rid of them because the need to raise money will be taken care of. God knows that TYO has plenty of money and ambitions for the US. If the line of credit is one of the deals and he gets rid of the huge A/S then all hell is going to break loose on the PPS. Time will tell. Just some thoughts.
WW
It looks like Tytan International is in the Sinomach/TYO long range plans for expansion in the US. Sinomach and TYO became one company recently. Below is a couple of articles that should be read by those prone to DD. Does the building in the first site look familar? In the second site are some of the big plans. Read all of the two articles. New paths for the DDers.
http://www.ytocorp.com/about.html
http://www.infowars.com/chinese-company-sinomach-poised-to-takeover-boise/
WW
I don't have the private reply level. Sorry. But here it is in a nutshell why I think the article I posted could create changes in Directory.com 's focus. It was my understanding that the company owns outright 2000 or so domains. That would be IMO assets not liabilities. If the official going price for domains is to be $185K each starting in January then I would believe that as company we would have maybe as much as $370,000,000 in assets. This IMO would make the company a desirable target for a buyout by people looking for a bargain, say $100K each with the idea of selling the domains at the going price at a later date. That bargain basement price would make the company worth $200,000,000 and the buyer would still be making a really nice profit. You can do the math on the PPS with a PE of say 10. What is talked about in that article COULD, I do say could, have a huge implication on the company. Just some thoughts.
WW
Changes are coming for Directory.com.
http://apnews.myway.com/article/20110620/D9NVM5GG1.html
If the British Columbia commission controled what is traded on the American markets I would worry. However, since they only control what is traded on their markets I'm not going to worry too much. If the American SEC issues such an order I will worry then. I don't trade on the BC board.
WW
What buyout offer? Right now I'm finding it very hard to believe that there was ever a buyout offer in the first place.
WW
The safest thing for Scott to do is to say nothing if he is trying to work out a deal. Remember. Time can never keep a secret. It always has to tell. Sooner or later time will tell us what is going on. IMHO.
WW
There is one scenario no one seems to be taking into consideration. Scott may well be in a situation where he can't say anything right now. If he is in the middle of working out a deal with the investor group, he CAN'T make any statements that may influence the prices of the shares, one way or another until the deal is done, if that is what is going on. The SEC would come down on Scott and the investor group like a hammer for manipulation of the share prices. There may be things going on now that Scott had now idea would be going on now, when he had the CC. Thinking the worst or fantasizing incredible PPS is not going to get anything done. Just a thought.
WW
The PR for today is out now. The manipulators read and kept going up with the price. They seem happy with the PR.
WW
The nine eleven was a signal from a group member who is manipulating the prices this morning. The question was "do we keep going up or start selling". Looks like it may have meant keep going up.
WW
It sounds like to me that cheapies are history people. Coming out the gate Monday morning there will very likely be NO cheapies. Today should be the last we will see for a very long time. Scott did a good job today. When we become compliant in May there will be no more "WHEN DO WE GET THE NUMBERS"? Then it will be easier to make informed decisions. The people who are holding the company's debt should be feeling a bit more flexible now also. I'm looking forward to the next few weeks. It should be a nice ride.
WW
There is some real problems with the flier I got in my email today. First, a lot of it was a repeat of the advertising that was out yesterday. There will be little run up of the pps until we get an official release on what the disposition of the law suit is. No second had anything is going to get it done. Their in house attorney worked with Custom Carbon for 15 years and you are not going to convince me that he was not on top of everything involving that court's proceeding. Next, the flier that was in the email today noted that the audit is in progress, but they are no longer saying anything about filing with the SEC. They are instead talking about making presentations to big buyers with the audit information. If they were to file with the SEC they would have to reveal the details of the legal proceedings and what it is going to cost the company. I'm starting to smell something stinking going on and it isn't fish in Denmark. They are trying to run the price up so that they can make a deal to settle the suit with higher priced shares instead of 7 cent ones. They would have to give up too many shares at that price. The prices are not going up as long as they have too many unanswered questions.
WW
No it was Anaxamander.
I do not expect any BAD news from Scott. I expect to hear how the operations are doing and believe that they are doing really good. I hope that he can be pinned down on when we can expect the company to file. Big disappointments always come when we are EXPECTING and hoping for what is not going to happen. I do believe that good things are coming, and the stock may even go up a little on Monday, but not on revenue numbers, it will have to go up on operations results. That should be good I believe.
WW
I've been watching this board for a long time and I hold 5MM shares, which is not as many as many of you hold. I tell you what Blue. A old Greek made this statement 2500 years ago and it is just as true today as it was then. "Time can never keep a secret. It always has to tell." Time is tomorrow evening and it will tell.
WW
Scott is trying to be up front and honest. You and others are taking what he is saying and trying to make it what you so much want it to be. He HAS told you what he is going to do. Operations in the CC and money in the filings. You guys are wanting things so bad that you are not listening to what Scott is saying.
WW
Blue I think you are helping to set everyone up for a big let down when they listen to the CC tomorrow evening. You have posted your conversation with Scott several times as you did in post #28136. Scott told you that everyone will get the financial numbers when they FILE their quarterly report. Scott is NOT filing tomorrow evening he is holding a conference call giving preliminary OPERATING results, not preliminary FINANCIAL results. Operating results and financial results are two completely different things. I'm afraid that people are setting themselves up for a huge disappointment at the conference call. There is a high likely hood that there will be no revenue numbers. Those will come when they file and only God know when that will be. It is a conference call not a filing. Operational not financial.
WW
I'm just saying. Don't get too worried for at least a month from today. If we haven't had any filings by then, I will start worrying because I do have a large chunk of cash bet on this pony.
WW
Everything will likely be on time. If, as Paula was told, the auditors are doing the audit in house, then when the auditors show up they will do the catch up all the way to Q1 2011. These will be filed right then with the SEC and GRNO will be become compliant. Then they will do the Q1 2011 audit and file that. They have until May and still remain compliant. Then the auditors will set up the books for GRNO and their book keeper so that it can all be done over the internet. The cost of in house auditing is expensive and they will hurry along to keep Peter happy. Been there, done that.
http://www.secfile.net/SEC_calendar.htm
Paula. You need to look at post 31028. The mention of Green Oasis (GRNO)doing business with Rodney Sparrow is in the Bloomberg Press which is of high reputation in financial world. They were not saying Oasis Green in that press release and they were talking about Mr. Sparrow.
WW
Thank you for putting posts #8316 and 8320 back on the board.
WW
Here is Sam's full name and his home address because his office was in his home. This is a important site to keep on file. It lets you know any changes that Nexicon makes in their legal setup since they are a Nevada corp.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=vCbylveiLvrjbCz6QZb1%252fw%253d%253d&nt7=0
WW
If Nexicon just announced that they had finally found the financing they are looking for, the PPS would go up. Sam said that they had some revenue coming in, but no where close to what they need to get untracked and moving. He said that the people with the money only want to invest in sure things right now in this economy and Nexicon does not fall in that catagory at all. Hopefully they will find some financing some day. At the share price now people are just holding and waiting because there is not much to lose now.
WW
I did not get a lot of information other than Sam and the others that he has hired on, are spending most of their time trying to obtain financing that they need to get the company moving forward. The people with the money are only putting out for sure things and it is a tough sell right now he said. We had already gotten that information earlier from Bridgget and someone posted that if you remember. Richard is still on the board of directors. He just stepped down from his CEO position so Sam could run things. He did not leave the company. Sam said that just as soon as there is some news he will get it out to everyone in a PR. He said that no one is giving up and he will continue his efforts. The stock market and finacial markets picked a bad time to fall apart. So we really don't know much new stuff.
I'm heading south to warm up and play some golf. I will keep checking everything. I always have my laptop with me.
WW
I have it set up to talk to Sam this morning at 11AM Central time. I will let you know what he says. Put your guns up and don't shoot the messenger. OK.
WW
On Sept. 14 and I made a post on the 15th. Richard stepped down from his CEO post one week later on the 21st. I was going to get a discussion started on what we talked about, but people acted like they wanted to kill the messeger so that stopped that. From our talk the Q3 letter had different meaning that it would have had I not talked to Sam. Richard stepping down didn't suprise me either.
WW
Guys I don't like how Sam is doing things either, and I let him know that. I talked to Sam for almost an hour and I guess it made me see his Q3 letter in a completly different way. The little bird and squirrel are just metaphores for rumors, and I have heard many. I was just doing some reframing. I have sensed so much negative energy on this board I was trying to show that there is more than one way to see what is happening. This was some of the things I did in my profession that I have retired from. However, what I put out there could very well be true and are from real rumors I have heard. We as humans are hard wired for "loss adversion" and it served us well when we were living in the bush and off the land. In this highly complex world we live in now this loss adversion and get us into real trouble sometimes.
Exsample. I'm sure that all of you read Sam's Q3 letter, and I also bet that when you read it you were so disappointed that you may have fell down on your "due diligence". When Mr. Buck put out his BS about Burt, post #8174, I at first wondered why someone didn't call his hand. If you had read the URL that Sam had at the end of his letter you would have known that what Buck was saying was not likely true. This URL http://www.csi-expertise.com/lang/en-us/team/. Also if you have never seen Tommy you could have seen him. It wasn't what you wanted to see and you likely didn't look. I didn't the first time either. Burt is not going to crap in his own nest and he isn't going to tell Buck the technology in no good. I was just trying to reframe things so that you guys might see that there a many ways to look at this mess. I do believe that Sam is trying to clean house and restructre and I don't like the way he is doing it either. I also know that he may not pull it off. He can fail. If that happens then a takeover or buy out is a very real possibility because the technology is good and is not going to evaporate into thin air.
WW
As I told you guys, all of my degrees are in psychology so you know a hell of lot more than I do about these things. I just pick up on rumors and things, little bird in the tree, squirrel on the ground things. I hope that guy that doesn't like my metaphors is not looking. Little bird places Richard with about 50MM and Daniel with the same. If he had that many when he departed, little bird is not saying. Will Daniel have that many when he departs, unknown. Of course I'm sure everyone has already figured out that Stephen Spalding was hired to replace Daniel. He has good credentials (Q3 letter). Richard and Daniel have a long history together, as in where Richard goes, Daniel is sure to follow. There we have 100MM shares running lose looking for a home with at least one one likely needing some money.
In round figures, when I talked to Alan on Sept. 8 there were, in round figures, 340MM shares restricted, 404MM shares circulating as of that date. The squirrel said a long time ago that the dilution, 312.5MM to 750MM, was in part a defense strategy against a threated takeover at that time. If I were to plan on trying to take over a company I would just squirrel away (oops, sorry) as many really cheap shares as I could so that when I made my pitch I would have more money to pay a higher price that always seems to happen once the offer is made. I think we can say that the PPS is quite low (oh yeah)and has been for while. Also if I were thinking of trying a takeover I might even wait until the company is weak and less able to fight back. Hmm. Of course I wouldn't be looking at Nexicon because it is a money making machine LOL, but I would want to own their technology which is aces guys.
That brings us to the upgrade and filing on the OTC BB. I'm sure that everyone who read the Q3 letter, got it, when Sam said that the audits were out and there were other better ways to do upgrades and filings. I didn't take the classes that you guys took, but I can only think of 3 ways of getting the upgrade too BB and file. When I talked to Sam on Sept. 7 he stated that he wants to start filing really bad because all the big companies and all government agencies will not do business with a company who is not filing. This is where they go to see what kind of shape you are in and how steady you are. So if you are not going to do the audit updates and go that route, you can try to bribe the SEC or you can buy a shell or do a reverse merger with a shell that is already listed on the BB. Of course I'm knowing you guys read that in the Q3 letter and already figured that all out. However, both alternate routes require "MONEY" honey. Sam needs financing to do all of this. Nexicon does have a revenue flowing in, but not enough to pull this off. If Sam can get the financing he needs you are going to see changes like you never thought about. You guys have a nice weekend. I'm sure going to try.
WW
Nexicon is not funding by selling shares. On Sept.8 I talked to Alan at QuickSliver Transfer and there were only 6,057,000 shares remaining in the bank all the rest were were in either float or restricted. So all this selling is not Nexicon. That is a fact. I still believe a lot of it is Richard selling because he needs the money. Also, there is a hell of a lot of selling so that means some one is doing a hell of lot of buying. If Sam can't get financing there may be a take over/buyout attempt. Nexicon has not had any shares to sell since late Septmeber and I also know for a fact we have not had and more dilution sneeked in on us. I warned Sam about that. Save this URL if you want to keep an eye out for a change in authorized shares.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=vCbylveiLvrjbCz6QZb1%252fw%253d%253d&nt7=0
WW
I'm sure you will be posting the actual email you received so that we know that you are not just throwing out BS. People can claim anything.
WW
Richard stepped down as CEO on Monday, September, 21, 2009 (a very likely forced step down). How does that match up to your charts on the 48M share shift? If Richard departed with 50M shares, then maybe, just maybe the heavy selling will abate somewhat soon. Just a guess. Isn't it strange how time always tells.
WW
Maybe not that he didn't see anything worth while, just needing some cash right now and not later. People can get into those situations can't they.
WW
Perhaps Richard Urrea in really bad need of some cash.
WW
If Sam follows through with what he said he was going to do we should know the game plan sometime next week when he gives us his end of Q3 report. If the auditors finally got the 2006 books straight, that should be coming out soon with the other years following. As usual, time will tell. As I said before, I will make my decisions after I read Sam's report.
WW
Well. We have a new CEO.
WW