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I just spoke with a TradeKing broker and was told that PHOT would be tradeable again on Thursday. At this point, and like others here, I just hope to be able to recoup some of my money.
really bummed...went to buy some VMGI through Tradeking and it got rejected 'non DTC eligible'...
:(
anybody else have this happen?
Cali,
I live about 30 miles from the Lakeshore Ontario address and would be glad to hop the border and check it out at some point if people are interested.
Totally agree with you about Schuette. There are so many more important issues to deal with in SE Detroit...this should not have been the focus.
I still don't understand why more states don't see the potential in tax income from legalizing this. It could go a long way toward fixing some broken budgets, imo.
I voted for the Med MJ law here in Michigan and was psyched when it passed. However, it has not gone smoothly. Have seen repeated instances of shops being raided and users of med mj being charged, despite the laws in place. Very frustrating to vote something into law and then see it's basically for naught, because local law see's fit to ignore.
I think it's a long road here in MI before we get to the point of being like Colorado.
CHOMP CHOMP on some green :)
Color me jealous. I miss Gainesville something awful.
ahhh Tebow4ever...a fellow Gator :)
I like the way you think! Let's hope that happens.
You and me both, Pittman...So puzzled.
Almost back to the point of recouping original investment. very tempted to sell when it get's there.. but equally tempted to hold out.
YEARS as a dust bunny and now this. Go Figure.
Awesome to see you, Neo and it's really great to have a place to talk all things 'green'.
Me? STILL a dusty bunny holder of too damn much HESG, currently in CBIS, PHOT, GRNH, MDBX and PHOT.
So much potential in this industry. To see real and very promising activity, finally, is rewarding. I think some of us were alittle before our time when it comes to playing in this particular market. May our foresight pay off in the end.
GLTA
erin
Got the same answer Genoa - also with TradeKing. I moved from Scottrade a few years ago because they wouldn't let me play HESG.
Not complaining...just puzzled as hell.
I tried to buy through Tradeking - first error message is - can't buy more than 50,000 shares. So, I lower the buy - then get error message that there's no trading on shares less than .01
So, no loading for me.
Good Lord...
I've held a huge HESG dustbunny bag for years now - pretty much resigned to writing off the loss at some point.
What the hell is going on here? I ignored the initial .0002 spike, assuming it drop back to flatline as per usual. Color me shocked to see .0004 and 5 this morning.
On NO news. this makes absolutely no sense.
erin
Thanks Madbrewer...
maybe I'll have to resurrect that account with Scotts. Kind of surprised that they are trading it, but Zecco isn't.
Platforms trading HESG?
Nuts...a few years ago, I moved from Scottrade because they wouldn't trade HESG. NOW, Zecco won't trade HESG.
Anyone having success and if so, what platforms are you using? I'd move my current measly million shares to another platform, but by the time it gets moved, the action may be over!
kinda nice to see this dustbunny making some noise. very curious as to what started this movement.
Gaffney...
Reason,
Check out HESG if you want a primer on this guys' modus operandi in the pinky world. Do your own DD,but imo, it's the kiss of death or a run far far away, if he's involved in a stock.
GLTY
S1
I didn't see this sticky'd to the top and just now found this...
Am probably late to party, but maybe this bears repeating.
MediSwipe Inc. (www.MediSwipe.com) (OTCBB:MWIP.OB), a merchant payment solutions and financial products company for the medical health care industry, and its wholly owned subsidiary 800 Commerce Inc. (www.800Commerce.com), a leading enabler and turnkey e-commerce solution provider including mobile payment solutions, today announced that the company is in the final stages of preparation to file its S-1 registration statement on behalf of its subsidiary 800 Commerce. The company has also sought the assistance of an independent auditing firm to consolidate the 2010 financials of the 800 Commerce division and review the financial statements of the proposed VestiDigital acquisition.
"Although we at first set a very aggressive time frame for the filing of the S-1 registration, we are pleased that we are now in the final stages of the process. Whatever time has been lost on the front end due to legal and financial audit review of the documents, it is our belief that the completed document we submit will save us time in the long run during the approval process. We have also enlisted the help of our transfer agent and their investment banking arm to file the additional Form 15C211 at the same time of the registration statement. This will allow 800 Commerce to receive trading approval and an additional ticker symbol during the comment and effective waiting process. Once filed, each shareholder of MediSwipe will receive a pro rata share or dividend of 800 Commerce Inc., based upon the percentage of ownership within the parent company MediSwipe. Thus, to receive the dividend share all shareholders of record must own the parent company by the record date to be set by FINRA to be announced upon filing in the near future," stated Michael Friedman, CEO of MediSwipe Inc.
"We are also pleased to announce the first infusion of capital by an institutional investor of the first seventy-five thousand dollars to expand the growth of our operations. We have leased an additional 2,000 square feet of office space for 800 commerce in preparation of the spin off which will include a call center, social media and e-commerce staff and additional management. We have already produced results from our partnership with SparkBase as the first clients for our commerce cards and mobile payment system are already in production. We look forward to the completion of this registration process and moving toward a rewarding year for our loyal shareholders," added Friedman.
Close slipped by me and I just had a moment to check my Zecco. Bid and Ask at close for DHSM is very odd... $.54/$7.68
Anybody?
NT 10-Q filed today. Clock is ticking folks. Hope peeps take advantage....
Saturday nite I was chatting with a couple from Toronto as we waited for our flight out of Vegas. They were laughing about seeing someone on the strip toking away in broad daylight. That led to a discussion of legalizing MJ and they brought up taxing as a way of solving (or at the very least lowering) some of the debt. I found it interesting that we in the US aren't the only ones thinking along that line.
Or possibly the government hasn't figured out how to tax the hell out of it like they do tobacco and alchohol. They know how unhealthy those two substances can be, yet they are still legal (and heavily taxed) even though marijuana does not seem to posses those problems. Some sellers of MMJ, here in New Jersey for example, operate under the limitation that they must be "not for profit". Once the Feds figure out a way to grab their piece of the pie, things may change. Mr. Friedman was wise in responding to the challenges of this sector by "switching to plan B" until the outlook becomes more favorable.
Zecco Warning Message for MWIP
The last time I tried to ask about this, my post got deleted. I hope now, that because this pertains specificially to MWIP, it will not go bye-bye!
This morning, I went to place an MWIP order through Zecco and received this message:
This security may not be DTC-eligible and may be subject to Physical Stock Certificate Fees as high as $700 per order. Moreover, sales of Low Priced Securities may be subject to buy-in, without notice, when certain market conditions are met. By submitting this order you indicate that you have read and understand Zecco Trading's Low Priced Equities Disclosure and FAQs.
This is odd because I placed an order for MWIP 2 weeks ago and did not get this warning.
Is anyone else getting a similar warning from their platform when buying MWIP?
7-
I am confused. are we talking a reverse split...again?
7-
so you can actually trade right now? I'm on Zecco and I'm on my second hold due to a name change and that's been going on for over a week now. I couldn't sell if I wanted to...and with the inactivity, I kind of do. Want to throw the money to CBIS until this starts moving again.
Spiccoli,
Just checked my Zecco - no symbol change yet. Keep us posted.
Assuming I understand the legislation correctly, I'm not sure making it a decision at local rather than federal levels would change what's already happening. Despite the fact that MMJ passed in 2008 here in MI - it's been raid, raid, raid. Now the powers that be want to revamp the law that WE voted in.
Here's an article from todays Detroit Free Press...
Michigan's medical marijuana law is so poorly drafted as to be unworkable, a coalition of lawmakers, prosecutors and Attorney General Bill Schuette said this morning, calling for sweeping new regulations and the closure of most, if not all, existing marijuana dispensaries.
Schuette also issued an official attorney general's opinion today, declaring that no more than 12 marijuana plants can be cultivated in a single location under the voter-approved medical marijuana statute.
That restriction would apply to caregivers, authorized under the law to grow up to 12 plants for as many as five patients, Schuette said. Each set of plants grown by the caregiver is required to be in a separate, enclosed, locked facility accessible only to the caregiver and a single patient, the opinion says.
State Rep. John Walsh, R-Livonia, said extensive new regulations are needed to address deficiencies in the law which have confounded police, prosecutors and local officials.
The proposed legislation would more specifically define the nature of the doctor-patient relationship between a medical marijuana patient and the physician authorizing use. It would also more strictly define an enclosed, locked facility suitable for marijuana plants, and clarify zoning authority for local communities dealing with proposed retail outlets, so-called dispensaries.
Schuette and Walsh appeared to disagree, however, on whether or not dispensaries, at which medical marijuana patients can purchase small quantities of the drug, could be legal under any circumstances. Schuette said he believes the law approved by voters did not authorize dispensaries, and said local police and prosecutors are acting within their authority in taking enforcement action against their operators.
"This is all out of control," Schuette said. "Michigan citizens didn't vote to legalize marijuana. The (law) is being exploited by criminals."
Walsh said hearings on the legislation will be forthcoming later this summer and fall. He said proponents will be working with their colleagues in the state Senate as well, where several other proposed medical marijuana regulatory bills are pending.
Cash,
I may not post often, but I read/digest what is posted here on a daily basis - and am grateful to have the intelligent DD from so many of the longs here.
You, however, strike me as one of the most negative poster's I've seen here in ages. Not just when the stock dives, but almost every post. I'm not an investor who puts their head in the sand, nor do I ignore the less than positive posts - IF there is merit and fact in that post. But negativity for the sake of negativity...that gets old really, really fast.
Maybe you should move on and work on trying to bring another stock down. If that was your goal here, it's not working. If you're just too new to understand that pot stocks take a boatload of patience, then you may want to consider one of the more traditional stocks to follow.
GLTY and all...
Neo,
I've waited for the ticker change along with everyone else, but can't understand the excitement, truthfully - especially when I see a pps of .051. Yes, I'm glad to see the ticker change actually take place...but lets face it - we've all had our pockets picked with this RM. What are the rest of you expecting that I am not seeing? Serious question, not a bash...just for the record.
EDIT!!!!
Just checked my account and it shows DHSMD 200 shares and $5.00 per share value.
----------------------------------
I still show my post split position of 100,000 shares, but the value has split. Not sure why I'm not showing 200 shares that equal the post split value?
I have emailed CS @ Zecco for an update and will post here when they respond.
Thursday - Same
Just a morning update for Zecco...still have the IMAIYZ ticker and it looks like another inactive day in the dust bunny bin for this one.
so it printed as a sell?
Hermso/Neo...
News out on CMSI re directors.
I've been through a few of these R/S, ticker change situations and it seems as if each platform has it's own way of showing the changes. (I know...stating the obvious).
There's a part of me that wants to jump out @ the bell... but I'm going to exercise patience and let this thing shake out over the next few days. Hopefully we won't be left hanging without information.
Ok...Sunday evening and my Zecco account has changed again. Friday it showed about a 50% loss on my initial investment and the r/s share total of 200 (original 100,000)
Now, the symbol reads IMAIYZ (not DHSMD, as we thought might happen) and my shares are back to pre r/s total.
What's going on with everyone elses' platform?
Thanks Neo...still trying to wrap my head around the ramifications of the R/S and end result pps...Am going to watch for a couple more trading days and if don't see any action, will sell off the IMAI remnants and pour it into CMSI. Heck, I may sell off all my other MJ positions and into CMSI. I'm looking forward to Monday.
wow...this baby is just climbing like ivy on a brick wall. this soooo makes up for the IMAI pain I am feeling today!
Thanks Fit...guess we will just have to wait, watch and keep our fingers crossed.
all I can say is, thank god for my cmsi stock...at least it's green.
Never mind...I just looked at my position @ zecco and that's exactly what it shows. 1/2 of investment...gone.
am i correct that the price you mention would be for the reduced amount of shares we now have? that equates to a pretty significant loss, if so.