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And I'll repeat, you're going to see that, a lot of people are not going to want to hold through the split. Someone is willing to sell at .0999, it's that simple. They may not believe they'll get more than that. Believe it or not, there's not an evil ogre under every rock.
This might be disappointing, but no mysterious or evil forces are at work. You'll probably see more of these types of trades as people start liquidating their positions prior to the split. Not everybody carries even amounts.
Good point.
Better sell quickly. Volume's in your favor. Don't flatter yourself, you don't worry me.
Anything factually responded to on the TEVE board is either a generality or sneered at. Perhaps you can explain where TEVE will be getting future funds when needed? I'm all ears. Big board stocks that do splits are not looked at as negatively as OTC/Pinks that do the same. Splits in pennyland are rarely looked at as a plus and historically the SP heads down hill fast.
It is pending stockholder approval, but... the majority stockholder is Lenfest. This does bear a review of the last 10Q and should not be taken at face value, but I do believe that remains correct.
Hey Joe. This post from Agri spells it out very succinctly:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71140704&txt2find=proxy
The altar of Lenfest has been made bare in the land of TEVE and found to have termites. For every 200 shares of TEVE you own you will get 1 share after the split. Example: You own 800 shares pre-split, then after the split you own 4 shares. The $ value remains equal, but the number of shares reduce significantly. It's very common for OTC/Pink stocks to really crash and burn after splits. Be careful out there.
Sad indeed. LOL
Always count on you for your sense of humor with MZEI, thanks.
I'd forward this brilliant/enlightening bit of guidance into IR so they can get it to management ASAP. Can' hurt, right? Appreciate your thinking out loud for Ed, very perceptive. I just never was any good at reading minds.
Hey, that's enough for you to at least order a hub cap for that Bentley, right? MZEI has turned a critical corner.
Very nice Gelati, thanks!
DD Queen strikes again! LOL
Sweet.
Great one to start scaling into.
Very nice lineup! Thanks
We're all learning.
Really? Tell us the direction so we're not in the dark. Sounds like some inside info, or do you have a link to something you can post? If not, then simply explain how this current event affects the shareholders. I'm all ears.
"Discussing what another individual may do, I agree, is pointless, but he did sell one company for billions, he may be setting this one to do the same but not near as much."
Very possible scenario. Genuflecting at the altar of Lenfest isn't going to change which direction the gent decides to take with TEVE.
I'm thinking .12 - .14.
"E" Added To Stock Ticker Symbol
When a company that trades on the OTC Bulletin Board (OTCBB) becomes delinquent in its reporting obligations with the SEC (for example, it submits a required filing late or in an incomplete form), the letter “E” will be appended at the end of the company’s stock ticker symbol. After the “E” is added, the company is given 30 calendar days (60 calendar days for most foreign companies and domestic banks), known as the “grace period,” to become current in its reports. If the company files complete required reports during the grace period, the “E” will be removed. If the company fails to correct its deficiency, the company’s stock symbol will be removed from trading on the OTCBB.
In addition, repeated delinquencies by a company in filing complete periodic reports with the SEC or other applicable regulator, or removal of the company’s security from quotation on the OTCBB because of its failure to file required reports within the prescribed period, can result in the security becoming ineligible for quotation on the OTCBB for a one-year period.
Specifically, if an OTCBB-quoted company is delinquent in filing complete required annual and quarterly reports with the applicable regulator three times in the prior two-year period, quotations of a security on the OTCBB will be prohibited until the company has timely filed in complete form all required reports due in a one-year period. Further, if a security is removed from the OTCBB twice in the prior two-year period, the security is subject to removal from quotation on the OTCBB until the company has timely filed in complete form all required reports due in a one-year period. For more detailed information, please read FINRA Rule 6530.
Stock symbols for OTCBB securities may also have other fifth letters added to them, such as the letter “Q” (indicating that a company is in bankruptcy proceedings). You can view the complete list of fifth letters that may be attached to a company’s stock symbol on the OTCBB website. Stock symbol changes, as well as new issues, name changes, and deleted issues for OTCBB securities, appear on the OTCBB Daily List.
http://www.sec.gov/answers/eadded.htm
I second your optimism.
Take a look at a 5 year chart. SP is at a 5-year low. There's no overhead, someone's been paid shares for services and is willing to take what they can get. Level 2 will tell you where to place your buys, you'll get filled.
http://www.otcmarkets.com/stock/JYHW/chart
Figuring the play out? All I see is someone that's trying to buy a run or create the setup for one. The seller's still a generous sole. Avoid the ask, don't play their game, make them come to you on bid.
Friendly advice: If you decide to get in, stay completely away from the ask, it's totally toxic and will turn your holdings into a Hotel California stock. Make the seller come to you at bid.
He's not a voice crying in the wilderness on that note.
Good place to put $$$$$
No connection? That's odd, one need only to read the SIRG board to quickly find numerous references (over 22), many comparing the similarities of SIRG to Mercator for both valuation and production. Are you claiming I'm the author?
You're comparing national debt to an individual company's debt in an attempt to minimize it? I do hope you're joking.
So you're saying too busy to buy a neighbor within spitting distance which makes total logistical/economic sense, but not too busy to pursue interests outside the US? Interesting. Have you verified this with Mercator management, or is simply your opinion?
"Appears to me that ML was very busy with their expansions...." stating opinion, not fact.
How about a link or two that shows Mercator was too busy to buy their Emerald neighbor for all those years?
Cool. I'll make you a deal. I'll go back down to the mine and do that if you'll agree to print up all those SIRG/Mercator comparisons, take them to Mercator management (I've got a list of them if you need it) and see how much of what's been claimed that Mercator management would agree with. While you're there you could also find out the looming question, why didn't Mercator snap up the SIRG lease?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70465566
Prior owner of SIRG is SGV Resources, 928-427-0443. Maybe you'd be willing to find out "why" they decided not to mine the Emerald. That would make for some great DD to share, right?
Wow, sorry about that. I'll settle for a simple percentage of SIRG's equipment that is aluminum, that'll suffice. As for talking about other miners' equipment, etc, that would be off topic if I did that, right?
Over the long weekend perhaps you could find the time to explain the following claimed "factual" data. I'm particularly interested in what percentage (please provide a list with approximated $$$ value) of SIRG's equipment that's made out of aluminum like all the planes at Marana it's being compared to.
Refresher links below: (TIA)
"In fact the dry desert air is so wonderful at preserving equipment, the military stores thousands of planes in the high desert near Tucson."
"Commercial airplanes are also stored in the Arizona desert. These are at the Marana Airpark."
"So you see the equipment at SIRG's Chloride Copper Mine will not rot!"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68238553&txt2find=Marana
"This is Arizona, it is desert. There are hundreds of thousands of aircraft that are in Arizona where the Aerospace Maintenance and Regeneration Center (AMARC) is located next to Davis-Monthan AFB in Tucson."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66836486&txt2find=planes
I hope we get the educated answer I'm anticipating. It's just no fun being left in the dark.
Agree totally.
Great response from Perry. More and more nowadays stockholders and CEOs are successfully taking miscreants to task in court via civil tort law. Manipulation of NBRI or any other stock remains illegal and opens a wide door toward litigation as well as criminal consequences. People that play the manipulation game have and always will rely on the GPDN principle.
Do you think weather conditions are or could become a metric in MZEI's future? What about astrological influences? TIA
What does it mean when a junior mining company takes directions from message boards? Any idea? TIA
You know. Go ahead, explain it.