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Yes, CFA is very difficult, dear spouse does not want to give up a good career to get the Ph.D and spend time on a thesis then sit for the CFA and make a few extra $$, spouse refuses. Spouse says it is much more difficult than for sitting for the CPA, and the cost of two more years of grad school is not worth the cost of further grad school tuition as spouse has an MS. I understand,
You are quicker than I. I have had my contacts out for a month and am blind as a bat right now, so very slow. I got old glasses, but not as effective, but good DD, thanks.
Read my prior post, if they were not fully duly paid for under the contingency and covenants of the SPA, then they are not fully duly paid and if there is an injunction, they cannot be voted.
But if I bought $500 of shares, I would not litigate, I would toss it up as a loss. Just $500 less of groceries that month, sock it up to these gamblers in penny worlds
If that is the case, there has to be a contingency in the stock purchase agreement, and if they are not met by a certain date, there is recourse. It is contract law, and one will get sued and an injunction so the asset and / or stock cannot be transferred. You cannot just borrow a shell for personal gain.
When he/she meant "traders" does that mean professionals at Morgan Stanley or TDA, or some self proclaimed trader claiming to be a "whale" buying $500 of some penny stock?
The only Nathan Anderson registered as a CFA in the US is in Manhattan from the Plaza on 59th to Central Park South all the way to the Westside Highway and south to 48th Street, some nice hoods in there.
But a co does not need a CFA to audit and find bad actors, and Accenture is very good at background checks on officers and directors. FINRA actually runs shareholder lists through a database and flags bad actors. And during audits, related party transactions should be flagged during an audit through support docs.
CFAs have different functions than CPAs, I have been pushing dear spouse to up the MS to a Ph.D and getting the CFA, but refuses, no need to two more years in grad school and a thesis spouse says. The $$$ per year will not go up for the time and stress says spouse.
Oh well, like Penny and Sheldon on Big Bang Theory, "you only have a Masters" to Howard, I guess I wanted a Dr. next to our name. Oh well, I got three DDS and two JDs in our family, plus one MS.
But I think this guy is playing down for a job. In my opinion, this is what my spouse does as a CPA and not a CFA.
It is not the financials, although Chinese financials are skeptical at best, but it is stock price on why NASDAQ filed a 25. They can cure that by a R/S. But I would still not buy that POS.
Welp, that is old information. But as the quote mentions the limitation on sales is for affiliate stock, non-affiliate stock has no limitations after one (1) year not two (2) years, now days.
But I have represented a few clients over the years on both sides on stock injunctions with restricted stock. The company can request the transfer agent to hold off removing a restrictive legend for only three (3) days legally, now some T/As might go home and vacation for a long weekend and look the other way for a few days, but that is about it. T/As get audited just like public cos and broker dealers, the last thing they need is a fine. But that gives a company ample time to get a temp. injunction and a court date. Just stopping the removal of the restrictive legend at the T/A scares some and if they need free stock to earn a living cannot afford an attorney,
That is not accurate. Costello can legally hold up removing a restriction for three (3) days. He has that time period to get a temporary injunction from a competent court which only gives him 30 days to get a court hearing.
Yes, derivatives like this ruined our economy in 2008, I have not looked if they are not audited, my guess is the financials are wrong and the company is 100% worthless if not more. If one owns stock with a 100% conversion and the company has a working capital deficit...
..good luck to the investors, why not wire transfer cash to the company and kiss it good bye.Maybe investors should buy a Lambo and a Boca Raton mansion for the ceo and the holder of the derivatives directly. Maybe investors should just send all their CC plastic directly to them.
That is funny, Vancouver has a heavy demographics of Chinese and Greeks as well as Canadians. But they do have Italian mobsters. Toronto is pretty littered with Canadians and Indians (from India) and many of them are accountants. Mid-A states are littered with Irish, Germans, Brits, and Dutch, Texas is littered with Germans and Czechs.
I had maaaaaany moons ago someone from Van. who was a Genovese, yes Vancouver mob family in my office, I researched him quite quickly and well he was trying to sell flush and shut. Didn't want to have anything to do with it. So yah, a Valentine living in Vancouver is very possible. And by the way, I had been to Swiss land by then, and they already had flush and shut in public restrooms.
I will repost my own post from the ACCR thread...
Therefore, I agree with you, it is an acting job.
"Expert" is a keyword designed to make a $500 purchaser of a pink / grey stock feel good to induce the purchase and sale of stock, which generates fees for broker dealers and OTCM. Just part of the marketing program.
Could be, as you know I have spent (on multiple occasions) 61 nights in hospitals from Cali to Texas to Rutgers in NJ and have been on Morphine to Dilaudid to Fentanyl, and I always ask for Dilaudid. I have had over 100 doctors and they all say I am chronic not acute. And over the years you have seen me post while on Dilaudid coherently even though dear spouse said I am out of it, even air band and making salad in the air. But you have never seen my post like this ceo/cfo/director/principal or whatever he is.
There prolly ( i have not looked) have quite a bit of holdings holdings with quite a bit of debt.. But there are some that are solvent. As I said before, all 15 of dear spouse's clients have no debt and sitting on assets. The laggards will drag down the fund. Dear spouse's as mentioned before CEO is worth $37 Billion, well at least a month ago and is not worried one bit, and on the monday board meeting, dear spouse did not get terminated as CFO, They are not worried,
Welp, I was with the Wynn family, trump didn't come to see meeee, he came to see the Wynnns, he was very cordial and ordered the GM to take care of me. I got about a decade, but today, out of sight out of mind. Oh well, fun while being treated like a king was fun while it lasted.
I love Penny and Sheldon, I did research at Cal Tech. But patty does not have acute pain, he complains about it daily, that is chronic, he is delusional about everything, just curious what opiod they are giving this ceo.cfo.director or whatever he is.
That is funny, I thought the same thing, fake people. They list Boston on the domain, if we can find the actual address, I will pop in. Dear uncle retired from Hawaiian Airlines as a pilot and decided didn't want to retire, so now he flies for Jetblue and is based out of Boston, and if this virus mellows out, i was planning on flying to see him at the end of may. I can do my usual pop in. Now I get what is called buddy passes on both Hawaiian Air and Jetblue, not free but next to free. Too bad dear father was forced to retire from the US Navy at 65 and cannot fly for United, would love passes on UAL.
But if we can find the address, I plan on staying at the Hampton Crossroads or the hilton in the Back Bay prolly end of may, i have not left my prison of a house for three weeks, but i wanna get the hell outta here soon.
Welp, I met trumpty once at the Trump International Tower on Columbus Circle in NYC, not Trump Tower. That was back in 1998, and we was very polite and was not the animated person he is on TV today. So I don't know if he lost it or which one is an act. I was able to go to Jean Georges, one of the most expensive and exclusive restaurants in America wearing malibu attire, t-shirt shorts and slippers because trumpty instructed them to do so.
Hmm, sales engineer, biz dev, account management. Did this guy sit innnaaa cubicle? Where do they find these people.
Fairly certain the execs will instruct the cashiers to demand clients to transfer out the stock, and may even force client accounts to acat the entire account. And since no firm will prolly not accept an acat transfer with that stock, firms will liquidate everything and close the account as most firms don't do partial acats any further.
I don't understand why stupid people buy scam stocks and risk their financial lives. These actions are flagged by the FRB, I would not want to be in the FRB database. Actually, they are not flagged, the person/entity is reported to, and hww do I know, I did it every day for years.
That is funny, one of my fave movies. Maybe we all should claim to be billionaires.
Yep, I am no doc, like doc, but Ive spent 61 nights in hospitals, (Cali to Texas, to NJ) in the last 8 years...thank goodness not in the last two years, starting with ER then ICU, Ive never worn personal clothing nor tanks, they are piped, and I have low O2 levels. After the ER, my O2 gets to normal, usually around 98. My personal internal med Dr clash with ER docs as to my O2 levels.
Dear spouse's 15 clients, not one of them have any hedge CME Group futures contracts, they are all sales contracts. They don't have to hedge using CME futures. Whereas your company cannot contract with me pulling into the gas station in three months from now if I do so, so they have to hedge. It is a different biz.
Been there physically to witness it.
https://www.energy.gov/fe/services/petroleum-reserves/strategic-petroleum-reserve/spr-storage-sites
Dear spouse knows the industry like, welp you know. Escorted dear spouse to Corpus to meet meet one of the operators and New Orleans and met with another operator, been on quite a few rigs. I get the luxury of being a fly on the wall with everyone from roughnecks to CEOs over the years. It is not 99.99^ if you only knew who dear spouse's CEO is. He is the oil biz. He is worth more than XOM. So I will take his word, and yes i do go to his house for dinner.
His license expired Decembed 12/31/1998. Which means his birthday must be in December as most states CPA licenses set to expire on the last day of your birth month. He was not censured for the lapse, he prolld didn't do his required CPE and pay his annual dues to the state.
But the SEC complaint notes they busted him for scalping on penny stock deals. It did not say, but I would not be shocked if he has been using CPA behind his name during his promotion, which is against state laws. I don't think any state, including FL will renew his ticket.
You are right, they are fed through the walls.
I agree, he is in street clothes, and looks to coherent to be in ICU on O2. And where is the IV?
Welp, dear spouse's ceo is a member of the Petroleum Club with all the other CEOs (spouse only got invited to dinner there once), and they all expected this to hit zero, but I don't think they expected the CME to approve negative pricing.
But I agree, this will affect the June's in my opinion. I don't think dear spouse wants to talk about it right now. I think spouse is trying to figure how to account for negative oil, impairments and futures and is uncorking some nice wines during the day yesterday, which is unusual. Spouse doesn't usually drink during biz hours.
Your gonna have to look at the balance sheets, the notes and MD&A. For instance, my kids bought Chevron and not XON yesterday. Many small companies are burdened with debt, and they will get....
But many of them do not hedge with futures contracts, they have sales contracts. But when the sales contracts expire and they are sitting on debt, it is only a matter of time.
That is not entirely true, that is fake news. Dear spouse is still producing and selling to RD Shell under contract, not futures contract. And I / We have been through Customs Security with Black Hawk helicopters to an SPR watching RD Shell deposit 2 Million barrels into a natural Salt Dome storage SPR. With the middle east fighting with Russia and dumping oil, traders have been shorting into the selling.
Trust me, dear spouse's 15 clients are all in the upstream biz and deal constantly with midstream transportation every day. And while working from home, they had a BoD meeting yesterday and dear spouse had it on conf. speaker, and I could hear the BoD. They are not buying fake news, they are debt free and are not concerned. But that is fine when the CEO is worth or was worth $37 Billion a month ago.
I have not asked, but fairly certain their reserves/assets will have to be impaired. Dear spouse likes to talk biz and on other days does not.
I don't know know how people can live off of $400 either US or CAN per Mo. Some day we can change this.
Update, daughter living in Central America got hers via Direct Deposit, two persons do not qualify living in the US and paying taxes, and daughter living in Central America gets hers, go figure.
If you look at the six month chart, the warrants have collapsed, and eventually will be rendered worthless when the underlying common stock is cancelled. You cannot convert warrants to stock if it does not exist. A warrant is a contract classified as a security.
The company is across the street from one of my fave steakhouses, Smith & Wollensky, I get some of the best Prime Rib at midnight there. Not now of course.
Why would anyone buy mineral rights, buy a rig, act as an operator and E&P?
Even BP hired Tramsocean to drill the GOM well that blew many years back. There is a reason we have Transocean and Graywolf. There are many obscure operators out there, it is what they do.
And with $11 (ugh) oil today, it is time to lay down rigs.
You could be right.
What is a PCAOB asset? You own the PCAOB?
The PCAOB does not require or review anything. The only thing the PCAOB does is accept applications from CPA PC firms (not individual CPAs), accepts or deny them, and accepts annual reports and inspects at random PC firms records. The PCAOB has nothing to do with public companies. And trust me, with scam companies whom hire scam CPA PC firms, I don't call the SEC, I call enforcement at the PCAOB and take down the CPA PC, which usually the PCAOB contacts the SEC, there is more than one way to skin the cat. The PCAOB usually contacts the state board of public accountancy in which the CPA PC is licensed and has their license revoked. As I said, calling the SEC is not the first line of defense for shareholders.