Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
HELLO, hello, .....
ANYBODY THERE, anybody there, ....... .....
Hmmm, nothing but echoes!
Yeah, price improvement is always a surprise. I have talked with a phone broker before, but my day job doesn't make it convenient to do so. If I can't electronically trade then I'm just not going to bother picking at it so much. Not much action here now anyway. I do have to put some scaled offers out there, since I have none in yet. Just a waiting game, now.
No, not PHOT, but I found the one I was thinking of. First off, I totally confused it with another stock. Second, because of the confusion I also then thought I could see a grey market order being broadcast on another broker's level 2 display, but it was actually the pink market stock so my bid could in fact be seen at other brokers because it was pink, not grey.
So, the stock alabama mentioned was USNL. The issue I remember bringing up about it was that, just like PGPM, it was suspended and moved to the grey market. BUT, unlike PGPM, my broker allowed me to put in an electronic order for USNL. That was the essence of my observation. Grey market status alone does not prevent electronic order entry. My broker selectively restricts electronic orders for PGPM, whereas the same broker allows me to put an electronic order in for USNL. But still no clear reason why, other than my order ticket gets rejected because "no bid or ask price could be found for the symbol (PGPM) that you entered." But if we can't put in bids or offers, how can a bid or an offer ever be found at all?! I have a bid in PGPM myself from a phone order I placed, and my own broker doesn't even display my bid on the order page. So my broker is blind to my own bid!
Anyway, sorry for the confusion!
Yes, Janice! My mistake. Just checked again and the other stock is "pink no information" and "dark or defunct"
However, I am getting confused with another stock alabama mentioned that came off suspension. He said it was also on the grey market. That's the one I should have referenced. The issue with that is my broker accepted a web order in it, even though it was on the grey market, yet no web orders allowed with PGPM. That's what I was trying to get at. I'll see if I can find that stock's symbol again.
OK, thanks again for your insight. Good to have you here on the OMVS board! LOL, I've hit my limit on active boards too.
Thanks, Q. Very thorough answer. OMVS should have more cash right now for ramping up operations, but how might that affect the timing of when SMP gets paid? In other words, hopefully SMP can react quickly when new orders come in. But these are good problems for a business, right?
Does anyone know what their current manufacturing capacity is? How many robots can they supply per unit time?
Oh, yeah? I'm a tv/vcr PROGRAMMER! I can get rid of that flashing 12:00 for you!
Ha! The kids don't know what we're talking about, do they?
How long does a name and symbol change take after the closing of the deal is announced?
Who's Noone?
I lost all the money I had at risk, but I did not have a net loss. I sold half of my position in the mid 0070s while it was on the way up. Sold some more between that and 0014, but whoever bought from me had time to sell from 0070 all the way up to 0200. In fact, I started to buy more again as it came back down. Added at the 0070s again and then at 0024. Am I to blame those people for cheating me out of my money because they sold me those shares before the SEC suspension that led to the crash to 0002? My position was not static and I risked what I could afford to. I risked 100% of what I put into PGPM, but not 100% of my net worth. Big difference. I tell other people their position should not be static. They need to know very important risk management techniques to protect themselves and I've tried to convey that information. Everything I've said is already available somewhere online or in books. People just have to take the time to read it. Like I wrote to Dallas, I can't believe there are people that put tens or hundreds of thousands of dollars into pennies. In my mind, that means it should be one tenth of your available investment capital. It shouldn't be 100% of your investment capital. That's good risk management.
Let me tell you something. Every summer babies and children drown in pools. Do they deserve that? Do their parents even deserve that? No one "deserves" that kind of pain.
Every person that has ever walked this earth was born and had to be taught to walk. Do you think that everyone should automatically know how to protect themselves when investing? Those pool drownings are continually happening. Are you going to tell those people not to have pools or are you going to do your best to teach them what you know about how to own a pool? Or are you the one with pool phobia who will just never set foot in a pool ever?
If a driver gets pulled over and doesn't have their license on them, don't they still have a chance to prove in court that they are a licensed driver? Isn't it a much lesser offence to have the document, but not be carrying it on you while driving? By risking my money on PGPM I gave Raffy and company every chance possible to prove they were not a scam, but you have to protect yourself from the unknowns. I didn't know a lot of things about PGPM. I didn't know the rules about what is a valid oil reserve report until 1manband told me. I didn't know companies can't put a valuation on that. That's what the risk management is for. That's how I played it. You choose to just come out and yell SCAM at people. That's your choice.
If he's forced to pay it back, maybe they'll get it back. If authorities can go after him, and discover assets, whether hidden or not, then there is hope. Likely they are hidden because as we saw he wanted to file for bankruptcy to escape owing on the foreclosure on his mcmansion. Maybe you know more about it. How do they hide the ownership and selling of shares? How do they hide the proceeds? Surely Raffy has made a lot of money doing this for so long, or is he really not even good at it?
I've been looking into this some more. ZRZH is way overvalued, IMO. Only $280k in Q1 income(if that's legit), 1000 times book, $250 million market cap, 6 billion shares outstanding. Who knows if Raffy is still involved, but ZRZH went like this:
Started as Nano FM in 2005, then in the same month it changed to Crescent Hill Capital. Our man Raffy was chairman according to this: https://angel.co/crescent-hill-capital
Then, it changed to Definitive Rest Mattress in 2013. Juan Carlos Murga was involved with DRMC as CEO and president. Here's an article on seeking alpha about DRMC. https://seekingalpha.com/article/2151463-definitive-rest-mattress-company-why-this-104-million-company-could-dump-big
More recently it changed to Zerez Holdings with Murga listed as a preferred stockholder and a John P Taylor as ZRZH's CEO and president. It is now in the process of changing its name to Smart Cannabis. The stock symbol will also change with it. Who knows if Raffy is still involved as it changed into ZRZH, but he is not listed in any of the otcmarkets disclosures. The Bloomberg link lists him as president, but the otcmarkets disclosures have Taylor in that position. Anyway, I would think that the way these shell games work is the shell holder gets lots of stock in exchange for giving the next company the chance to go public. So, Raffy could be sitting on at most just under 5% of the 6 billion shares of ZRZH without having to file a form 13D with the SEC. That's just under 300 million shares that he could be holding. At $0.0425, he could have ZRZH stock worth over $12.5 million. Seems like enough to pay back PGPM investors that lost lots of money. If not, I would think at least he made lots of money off any DRMC stock he probably got during that shell game. Just my opinion.
Yeah, I think ZRZH is a pot stock. They're pink current, but not an SEC filer. What's Pineda smokin?! Coincidentally, iHub really pushes the weed angle here, huh? I'm looking at 2 ads on the page right now for canna investors!
It's not a deer. That's a RAD robot in the circle. Robot inception - a picture of itself on itself!
Otcmarkets has Raffy listed as President of GGSM, but he's not listed anywhere on Otcmarkets ' page for ARTR. But, if you google Airtrona Raphael Pinedo a Bloomberg page shows he was once affiliated with ARTR. I could have sworn I saw somewhere that he also has some kind of connection to XCO which is listed on the NYSE, but I don't yet know to what extent...I have to look that up again. Here's his profile on the Bloomberg website:
http://www.bloomberg.com/research/stocks/people/person.asp?personId=21959163&privcapId=100541299
Looks very fluffed up with all the mentions of those companies he has ties with.
Ah, here's the association with XCO (Rule 4 Officer, what's that?), plus a connection to ZRZH:
https://www.bloomberg.com/profiles/people/16665691-rafael-a-pinedo
Pinedo has or had a connection with at least 2 other companies on the pinkies: ARTR and GGSM.
Funny story about GGSM. I bought 1M shrs at .0002 in early June for the "Pinedo play" just as PGPM was peaking at .02. Turns out I was on the right track because GGSM went to .0012. Problem is I had a 5-bagger and never sold GGSM, then PGPM crashed, and GGSM came right back down again. Got greedy on that one and now I'm stuck with two of Raffy's dogs. I did ok with PGPM, though, despite holding 2M shrs going into the suspension.
Steve tweeted a few hours ago that RAD is hiring. That's a good sign.
This is a tough team to join... If you believe you're up to this challenge email details to info@roboticassistancedevices.com
— Steve Reinharz (@SteveReinharz) August 4, 2017
Happens to me all the time. It's the way the broker handles the order. I think they're holding it internally and the system will only execute a transaction under 2 conditions:
1) If there is another customer within your brokerage that puts in a sell order that matches your buy
2) If the NBBO (national best bid/offer) matches your bid, meaning the ask comes down to your bid causing an execution.
Ha! You got me thinking about Fiddler on the Roof. I used to listen to the LP when I was a kid. "If I were a rich man" Let's hope that's our fate, and not the fate of Nachum the beggar!
Same here, I don't want to buy more even though the offer could be cleaned out for a few thousand dollars. The time to load up was at .008, not .08. I got in at around .035 and I thought I missed the boat, happy it settled in at a higher range, but it could easily drop back on disappointing news. I still remain optimistic, though. Doesn't hurt to cross my fingers, either!
Hey, Bob. I have Scottrade. No internet orders, but you can call them and place a buy over the phone for the same commission as online trades. Got filled on a .0005 bid for 500,000 a week ago to average down a bit! That's about all I'm adding to this thing, though. Actually, just checked and I also have a bid for 1M at .0003. No fills on it yet. $550 is all I'm willing to add to this.
I think awesomebummer is referring to personal assets of all parties involved, including Sam, Raffy, the accountants, etc. A "cough up the money for the feds and they'll only get 10 years instead of 20" sort of thing.
Seems to me the "is acquiring" part could be interpreted to mean that they don't have the producing properties yet. I also recall they added "non-producing" to their website at or around the time of the suspension.
It's refreshing to have a board as quiet as this while expecting something to happen with the stock soon.
I would hope they realize a couple of things. First, there's lawyers all over this situation and I'm sure they've advised their clients to stay out of that kind of behavior because if the lawsuit is successful they don't want it to be ruined by illegal insider trading when the company and the insiders' existing shares have so much to gain already. Also, like fools who post videos of crimes on social media and get caught by their digital footprint, I would think it would be very easy for the SEC to discover unusual trading in the stock. Especially in this one with the very small amount of shares trading right now. I think it wouldn't be hard to find transactions linked to insiders amongst the low volume if they looked into it.
AON is going to hamper your ability to unload your shares unless someone comes along and wants in big down here. It's already suffering liquidity problems being on the greys and you're being more restrictive with your order. It's $1200 principal and even if it takes 10 separate transactions with $4.95 commission it's only $49.50 to unload it all and be done with it.
JMO
Awesome, thanks for the info! They've got actions against so many parties. I hope they're successful.
In what state is the lawsuit?
Any sellers: it might help if you specify which broker you have placed your order with. The book is not centralized and buyers can ask their broker to call your broker's trading desk to make the deal.
Any buyers: If this was a crap shoot before the suspension, it's more like a lottery ticket now. Like the sign at the casino says, "bet with your head, not over it." I mean at these prices a little money goes a long way, but still. Don't bet the farm on this one. Just my opinion.
Commission is more than the principal on that transaction!
Bid definitely dropped out on this, right? I don't have level 2, I have a discount broker. How many MMs in this stock?
Someone screwed up their order, or the mm got confused when adjusting his quote. First 0.061 traded for 140 shrs, then 0.016 for 140 shrs. Prices are flipped and volume exactly the same. It was either someone's error, or someone's "error"is
Truly worthless information. It's saying short interest went from 62,000 shares to 900 shares.
You too, brother (or sister? Lol sorry if i got it wrong. internet anonymity). I'm getting a lump in my throat. Gotta make dinner with the wife and eat. Bye for now.
I got out of the Cortland st station, I think, and saw all the people looking up. It was after the first plane and before the second. That put me 1 block away on Church st. I looked up and saw the damage from the plane that entered the side of the building way up there, then looked down at the ground level of the building and realized the scale of the damage as my eyes scanned the width of the building. I said to someone, that building could fall. I knew the area was no place to be hanging around, especially after hearing the impact of the second plane and realizing it was no accident, and that I wasn't going to make it to the office where I worked on Broadway that day. I saw those poor people trapped in the highest of floors trickling down the side of the building like little rag dolls, choosing that over burning to death in the flames. It was horrible. I don't really talk about it too much and dislike hearing when people are having conversations about it, but it is a bit cathartic writing about it here on the board. Many others have stories a lot worse, so I have no right to complain.