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Actually it's simple,
TD's computer only prices stocks out to 10 thousandths of a dollar. Anything below that is rounded down; hence zero bid.
My My seems to have gone no bid
The SEC couldn't have caught Bin Laden
if was hiding out in their lobby. There are and always have been thousands of pink sheet stocks, 98% of which are complete frauds. Nothing will ever be done about it, too many people making too much money.
It's amazing, if you take a gun
and rob someone you go to jail, but you can run a pink sheet stock scam into the ground, reverse split it, and do it over and over again.
He dumped enough shares for a nice weekend,
make that 60 million, this is criminal!
24 mill dumped at .0001
management must have had an expensive weekend.
Sure they do, the only problem is
they have no accountant, auditor, or legal opinion letter associated with their so-called "financials", so they are completely worthless, exactly like the company stock.
no bid on this scam, SOON!
Let's see
the volume for the day is 33mil at this point, the day high is .0001, that indicates no buying at all.
KAZAAM!!! Could you provide a little more detail
on that fact?
Put a fork in this one.
WHAMM!! ALL THE VOLUME IS ON THE BID
Can you say "no bid"? YOU"D BETTER LEARN!
If he doesn't slow down,
Danny's going to blow the share printing press up today.
Yea right after a tsunami the first thing
people think of is rubbing tree bark on their heads to grow hair. This scam is over.
lots of support at .0001, EVERYBODY KNOWS
it's a scam.
LOL give or take a couple zeros,
this pos is dead.
Interesting timing,
fluff pr late on Friday, 35 million shares dumped on Monday. Coincidence? hmmmmmmmmm.
Actually no,
the OTC sight shows an O/S of about 500 million and an A/S of 10 BILLION (the mark of a scam). Only sure thing is that the diluted by about 200 million in March; interesting to see what the April dilution will be. Stay tuned.
apparently you're the only one that noticed.
Funny how scams hook up with other scams.
LOL yea the price really exploded.....
after the latest fluff, No change, no volume. Everybody knows it's a scam.
That's funny, because I was told today that
this company was a totally worthless scam where the only product was several hundred million dumped shares a month. To imply that any major company is interested in this scam is laughable.
At least you were right about this,
you do need seat belts for a really huge crash.
Appears to be a lot of support
at the .0001 that I told you would happen.
20 million dumped and .0001 bid,
gee who could possibly think that this was a worthless tree bark scam.
Sadly, even though the company is a
complete scam, they haven't done anything illegal. The financials aren't real, but they don't claim to be. The reverse split and the share dumping are perfectly legal. All of the pr's when analyzed say absolutely nothing and carry a disclaimer. There should be laws against penny stock scams, but there aren't any.As long as people buy the stocks trying to get rich for pennies, it will go on.
I guess one trade is a spike now?
Yes and hell freezing over
is just a timing issue, also. Both will happen the same day.
Actually people are making investment decisions based on
the fact that this is one of the more obvious scams around. 5 minutes of easy DD and no one would touch it.
somebody turn the lights out when you leave.
What earthly difference does it make
if there are 30 or 40 billion authorized. Either number is completely ridiculous. You realize that right now the share price is zero on the ticker?
The reverse was in december,
so what you see in your account is what you have.
yes, unless the reverse
took your share count to a fractional share, in which case they'd give you cash. Otherwise you should see some shares in your account.
my my another 8 million dumped
in one trade, Now I wonder whose shares those might be. Hmmmmmm
hmmmm.
let the dumping continue.
I see management is printing up their weekend
cash.
Hey thanks for asking,
how about:
1) since the company's totally ridiculous and unexplained reverse split in December the shares are down ONLY 97.7%
2) since the reverse split the company has diluted the o/s by well over 350 million shares, including 250 million in the last month.
3) The company has 10 BILLION shares authorized, a totally ridiculous amount. Find a company with that amount authorized.
4) The company reported $309.00 in cash and over 5.5 million in liabilities in their annual report.
5) In spite of their huge American and Japanese affiliations, they lost over a half a million dollars last year.
6) Their so-called American distributor is a worthless shell company.
7) The Japanese partner shows no signs of ever having heard of them.
8)They are totally non-reporting to the SEC and have been suspended for two years.
9) The OTC site has a warning next to the ticker symbol.
I could go on but most folks have the idea by now, hence the share price. None of this is what I THINK, it's all plain FACT.