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Yes. I'm up $50 and still own 4 Mil. shares for free.
I sold 1 Mil today at .0006, Just covering my A$$. I bought 5 mil at .0001, So now I'm ahead and still own 4 Mil.
Then maybe we'll still have a chance to dump this loser
I wonder who is paying to keep their office phone connected and to keep their website up???
I think .003 is a bargain. When this SEC thing gets ironed out we won't see these prices again, ever.
Discreet I don't think you're going to get any for under .0019. It looks like the ask is between .003 and .0032. I picked up 100k yesterday at .0031 and 100k today at .003.
ETrade is taking online orders. Just for chuckles I have an order in for a million at .0002. See if it fills, I might find a sucker.
An Email I recieved from Mike.
I'm sorry it has taken me a few days to respond to this.
I realize you are upset about the situation with the stock. I'm upset too. I have many years of work and the majority of my net worth tied up in this company, as do my colleagues.
Please try not to jump to conclusions. Let our lawyers do their job and work this out with the SEC and once they are finished we can get something out to the public so people understand what is going on.
As I said in the "tweet" I released the other night, we stand behind everything we have published. We have not lied or taken anything from anyone.
I wish we were given the opportunity to answer questions before this happened, but we weren't and I can't change that now. We can only move forward.
I am confident we will get through this. I am sorry for the distress this has caused you. I assure you it has caused me a great deal myself.
As far as the blog, the blog seems to have caused questions by the SEC. For example, the SEC seems to be of the impression that the cartoon of me from the Berlin Daily Sun crossing the "SEC" finish line pertained to the US SEC rather than the New Hampshire Site Evaluation Committee. We are taking the blog down for the time being and scrubbing it and our web site to make sure it addresses any concerns.
Hang in there. Our company isn't going anywhere and we will get through this.
Regards,
Mike
I don't know if anyone already posted this. This artilce was in yesterday's Concord, NH Monitor newspaper.
http://www.concordmonitor.com/article/261948/energy-companys-trading-suspended?CSAuthResp=%3Asession%3ACSUserId%7CCSGroupId%3Aapproved%3ABA4A9537C4BF4594E11F4B09D8217743&CSUserId=94&CSGroupId=1
So is this just the actions of company officials? Or could it be the fault of the overzealous users on this board "spreading the word around"
Jun 7, 2011 13:24:39 (ET)
(Update with new details beginning in the third paragraph.)
By Jessica Holzer and Melodie Warner
WASHINGTON (Dow Jones)--The Securities and Exchange Commission halted trading in 17 microcap stocks it said had been hyped by Internet promoters despite a lack of current and accurate information about the companies.
The SEC said stock-touting websites, Twitter users and often anonymous individuals posting to message boards have swayed the investing decisions of the public, which often doesn't have adequate information about the securities.
Companies don't necessarily have to file periodic reports with the SEC for their shares to trade, particularly in the over-the-counter markets, where the stocks subject to Tuesday's order were traded. But rules require that publicly-disseminated information about the companies be accurate.
As an example, the SEC said one of the companies, Calypso Wireless Inc. (CLYW), hasn't filed periodic reports to the SEC since February 2008. The company's shares rose to an intra-day high of 17 cents on Sept. 24, the same day a stock-promoting website allegedly encouraged investors to continue buying the stock. The stock traded at 4 cents on Sept. 21.
In another example, several stock-promoting websites promoted Kore Nutrition Inc. (KORE) as a "winner" following the company's announcements on Sept. 1 and 8, 2010 of new distribution agreements to market its energy drinks and the release of a company-funded research report that pegged the stock at $10.50. But the company's Sept. 30, 2010 quarterly report didn't mention the distribution agreements.
"They may be called penny stocks, but victims of microcap fraud can suffer devastating losses," said Robert Khuzami, director of the SEC's division of enforcement.
He said the SEC's new effort to crack down on microcap fraud is targeting transfer agents, attorneys, auditors, broker-dealers and other "gatekeepers" in the market, and not just stock promoters.
Aside from Calypso Wireless and Kore Nutrition, the 17 companies subject to the trading halt include American Pacific Rim Commerce Group (APRM), Anywhere MD Inc. (ANWM), Cascadia Investments Inc. (CDIV), CytoGenix Inc. (CYGX), Emerging Healthcare Solutions Inc. (EHSI), Evolution Solar Corp. (EVSO), Global Resource Corp. (GBRC), Go Solar USA Inc. (GSLO), Laidlaw Energy Group Inc. (LLEG), Mind Technologies Inc. (MTEK), Montvale Technologies Inc. (IVVI), MSGI Security Solutions Inc. (MSGI), Prime Star Group Inc. (PSGI), Solar Park Initiatives Inc. (SOPV) and U.S. Oil & Gas Corp. (USOG).
Trading in the stocks will be frozen through Friday, June 17.
After they resume trading, brokers and other financial intermediaries will have a heightened obligation to ensure the publicly-available information about the companies' operations and financial condition is accurate.
-By Jessica Holzer, Dow Jones Newswires; 202-862-9228; Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com
(END) Dow Jones Newswires
This is one of the reasons a stock is put on suspension.
Questions about trading in the stock, including
trading by insiders, potential market manipulation,
and the ability to clear and settle transactions in
the stock.
Thia could be because of BBFL's letter
http://www.sec.gov/investor/alerts/tradingsuspensions.pdf
Maybe this has something to do with BBFL's letter????
Don't need a kidney, Maybe a liver.
12.6 Million So far and counting. Good volume today.
We're due for a bounce up IMHO.
Well we've got over half that before noon.
The Phucking PUC is ploting against us and LLEG
Running low on cash but I just got another 150k at .0043 up to 5.65 million and holding for the long term.
SUN???????
Still siting on my 5.5 Million shares and Patiently waiting.
I recently got a response to an email I sent to Mike asking what was going on with the uplisting. He informed me that auditing for three years for LLEG and all its affiliates takes quite some time and that good things will come to those who wait. The way I look at it, my shares have cost me next to nothing, I can wait.
No news on CNNMONEY. I looked up a quote for LLEG on CNNMoney this morning and their quote said there was no recent news or press releases. Odd?? I guess the news didn't get spread around.
So now it's the end of April? Phucking PUC!! Where do I get a job like that?
It isn't spring in NH anyway. It's MUD Season!
What's happening with the uplisting? I haven't seen any Audited Financials yet.
Anyone else noticed how when you do a Google search now that the adds are positive instead of negative?
"Why LLEG Could Double by 3/31/11"
"Why LLEG May be Stock of the Year
Shocking Evidence-Free LLEG Report"
About 80% of the people in northern NH are against the Canadian power project. NH doesn't even need it. It would just be passing through to MA.
I think the paint is dry. What do we do now?
I've been playing this stock for a while. I'm sitting on 5.5 Mil that over the long haul cost me a little over $500.
.0008 to .0072 want to try 900%.
Hopefully a BIG boost on good news
No wonder they have such fat Assets.
This stock isn't going anywhere until the PUC makes a decision. Let's hope it is positive. I must say that good things are coming. No way I'm selling!!
I wish The pucking PUC would get off their fat assets and make a decision one way or another.
I wish The pucking PUC would get off their fat assets and make a decision one way or another.
VOLUME 18 Million in the first half hour
Mike said LLEG would be profitable in 2010.
"We have started to receive funds from the HLE joint venture to cover overhead and development costs, so we expect this will be a significant positive factor going forward in terms of reducing LLEG's capital needs. There are funds due to us in the near term in connection with the JV. These funds will provide LLEG with additional working capital and if this income is received may allow us to be profitable for fiscal 2010."
http://laidlawenergy.blogspot.com/
I don't see anything on the blog about financial results being released????????
Welcome back Matt
So what you're saying is the more the utilities make the more the commission gets? HMMMMMMM!!