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I understand what they have stated publically but there has to be some reason the pps has remained this low even after reporting revenue and profits as seemingly good as they are.
So you contend this is a major dilution stock?, the AS is crazy high enough to support that but they are reporting revenue and profit also.
People can we please not start the typical penny stock rumors of valuation, we are still on the grey market, still no public information of either a business plan, potential property, or direction of any kind.
I retain some hope that there is good intentions with this shell but crazy valuations make this look worse then it should be.
Good luck getting your investment back, GACFQ was slapped with the Caveat Emptor status on OTC:markets.
The "MOMO" hit a brick wall as soon as jaxstraw first posted he could find the documents, then others including myself tried and came up empty by then it had dropped from .018 to .0125, i sold at .01 and its been down hill since.
This is going down in flames, call the AZ court at 888-549-5336 and try to find that document stickied, this was a huge scam.
Thank god for DD.
Although posting fake government documents should be something the SEC would be interested in no?
Someone just executed a amazing scam here, those documents stickied are no where to be found in any public records, i also have tried backtracking those document numbers and nothing comes up any where.
They got me for $100 or so but i am out of it now so no worries.
I stand corrected JAMN was not suspended but dropped to greys, still came back though.
To be fair the reason LEAT traded with more volume and PPS in the grey market was because it was a operating company, from what i see now that they are back on the pink sheets alot of competitors have jumped up that were not there while they were suspended.
Dont get me wrong all of these examples of suspended stocks returning to pink sheet were because they turned out to be real operating companies something ANWM has frankly shown no signs of yet, my point is if there was really plans on becoming active and either reverse merging or somehow running a mine exploration business with their own financing there is still a chance, or if not everyone with money in this was going to lose it anyway suspension or not.
I do know of one on that list who got relisted, (LEAT)commenced trading on the pink sheets on 9-12-2009.
I also know that (JAMN) another stock suspended but in a different batch of suspensions is back on pink sheets.
So its not impossible provided you have a real company and are willing to work at it.
I suppose anything is possible but to be honest i would not be suprised to see regulators whack this one, that happened here with PRs that were 100% fiction and shameless stock promotion, maybe someday something real happens here but i doubt it happens with the current puppetmasters.
Fair enough janice, i hope someday we learn what really happened here because right now there are so many theories being thrown around its irritating to not even know what the issue is.
Who'd dump? The people buying were members of "the group".
I appreciate the honest straight forward post, if that is in fact what happened ill intended promises that had no chance of being fulfilled, i guess i can live with the fact this was going to end up a loser anyway SEC suspension of not.
Because Premiere didnt have a operating business and thus no potential to affect the value of ANWM shares.
But i assume you are saying because the PR was telegraphed by supposed (i have yet to see any proof) rumors?, again from my point of view the premiere PR didnt change anything with this shell really, so if they were telegraphing the PR to pump wouldnt a large dump occur when the PR came out with so little real information?.
No arguement from me yorkie, the odds of this making it are slim, i am just critical of people throwing around accusations of fraud when not one of us actually knows what issues exist with this shell, was it questionable registration of stock, residual issues from the previous business to occupy the shell, dubious stock promotion, or botch/slow updating of public information. I dont know but others seem willing to point willy nilly.
I am going off of PRs and OTC information, from that i dont see anything outwardly questionable there is the issue of changing headquarter addresses as others have pointed out and the issues with the Medlink financials but there is not enough public information to show any signs of fruad.
If the SEC is going to call internet forums, twitter, phone conversations as publically available information then i think they have made their job nearly impossible because thousands of stocks have rumors swirling everyday, and to be frank if anyone takes a internet rumor or phone conversation as the same thing as a PR then thats just poor judgement.
If i remember right the premiere PR didnt have much of a impact on share price, the upward motion of the chart was strong before that date.
You are correct that dirty issues occured with this before but i dont see any signs of that samething here, one barebone PR but nothing bubbly, and any dubious stock transactions i would think would be mentioned in the SEC document stating the issues each stock was suspended for.
I have yet to see any information to say exactly what "corrupt" activity happened with ANWM, all we have is a SEC suspension and the only reason stated was a lack of information, your right there was no operating business but i am not aware of anyone saying there was one, i am not aware of any misleading PRs, and i have no way of knowing what was happening with the Medlink situation.
And as previously stated if this was just a pump job it was one hell of a long and patient scheme since it never even attempted to release misleading PRs which is the bread and butter of a pump and dump.
You could be right and this thing might be dead, you might be wrong and this thing will still be dead, or you might be wrong and it rises from the dead, but neither the bashers or cheerleaders have much of any real information at this point.
I wonder how the mining is going at the gold, silver, and platinum mines... Oh wait they were all imaginary.
I think he was making reference to the OTC market filing update where they updated the operating sector to mining.
Depends on what you mean by bid, on the 21st there would likely be one but it would be on the gray sheets, if you mean a bid back on the pinks it would require a monumental effort on the part of management and that assuming everything really was on the up and up, even with all that i would imagin they would have to dilute to pay the legal costs, it would be ugly very likely two zeros after the decimal point?.
I guess we can still hope KA was honest and maybe learned to walk on water while away, that might be only slightly more difficult then keeping this on the pinks.
Join the club i am not as deep into this but how i ended up here was the same path as you, i played the big stocks would make 10-15% on most all of my plays then i got impatient and started in on these penny stocks, any charting tactic at some point fails here and the "press releases" which are normally about 95% BS can throw wrenches in any charting that was working at some point.
Maybe buying a hand full of lottery tickets every friday would be a healthier way to lose money because like you said at least you know you lost and can move on. But hey maybe they release a PR about a diamond mine or some off the wall BS to get the PPS share up so the next batch of bagholders can replace us.
Well from best i can tell the ringleader to this operation was on vacation and doesnt feel the need to cut it short to deal with a SEC suspension, either everything is tied up with a nice bow ready to launch a huge update or he has nothing, the lack of urgency here does not speak well but hey this could be the fluke of the pink sheets and he really does have a big news role out.
Thats a fair summation, anyone thinking this is a "bump in the road" i think is mistaken, even if there a huge amount of behind the scenes work done here financials done, business plan ready to roll out, ect. this will still be a huge task to get back to pink sheet status. And if any of the talk about the hard work behind this shell is hot air then this is a dead duck and KA will be extending his vacation in order to try to dodge some of heat that is due.
I am still waiting to figure out what the true story behind this debacle is, i hope for the best but i am realistic here.
The public statements by the SEC make it sound like ANWMs suspension is related solely to the lack of public information, now you very well could be right and the SEC did make it clear to ANWM why they were suspended and it very well could be for other issues.
What lends your take credence is one of the main players in this thing being on vacation and not coming back to deal with this as soon as it broke, if they were doing what they said they were and the SEC suspension was solely due to a lack of public information he would have hurried back and would be working overtime in a attempt to get a Markey Maker the information needed to get consideration for reinstatement to pink sheet status.
ANWM was a very murky situation from the start and the SECs lack of information is not helping nor is the actions of people around this shell, any chance we ever hear from the SECs mouth what is really happening here?.
Actually at this point wouldnt one of the market makers have the say here?, from what i can tell the SECs involvement is pretty well done now its ANWMs job to file the documents needed to be considered by a market maker to get back on the pinks.
That would be the issue as far as i see it, not reporting the financials and updating all the filings to remove the mention of the CA based medical tech company.
I read this release SEC from the SEC and see this reason for ANWMs suspension: "2.
Anywhere MD, Inc. is a Nevada corporation with its principal place of business in California. Questions have arisen concerning the adequacy and accuracy of publicly available information about the company."
The failure to report the financials was the only issue the SEC cited for ANWM in the suspension reports, by your statement that cant be the case so why would the SEC give that as the reason?.
May i ask exactly what ANWM or the individual in question did to make you report them to the SEC?, i mean it was a shell that has put out all of one PR in 6 months and i dont know of any private promises other then they are working to become a active mining company per the OTC update.
Thats actually the best explaination of our current situaion i have heard, bottom line is if they were doing what they said they would the financials will be filed and we have a chance to keep on the pinks and if they didnt do what they said they were doing like you said "we were going to lose anyways", this all just speeds up the day of reckoning.
From the articles i see quoting the SEC the issue with ANWM was the lack of financials unlike the majority of the others which had specific issues regarding incorrect information, have you seen any SEC quotes about ANWM being involved in any fraud or issues other then the lack of financials?.
You are probably right, however the stain of a SEC suspension is very bad even if it will become far more common in the future with next waves of enforcement.
Not having KA available this week is a huge blow to any chance of staying on the pinks, i want to stay positive on this and still hold a few glimmers of hope that they can pull off a miracle but as the situation sits now this looks painful.
Listen the way i see it if the SCG was telling the truth then the information to stay on the pinks should be close to being available, however having the main leader of this group unavailable due to being on vacation i just dont see them being able to mobilize and do what would be needed to stay on the pinks, if he is back at the end of the week or weekend he would have about half of the ten days to scramble and gets things done, i just dont see it happening short of a miracle, and thats all if they were being 100% honest.
Well we dont have much choice in the matter at this point, we will see exactly what KA has been working on here this is basically speeding up the whole process of seeing whats going on with this shell.
What would be a real shame is if the financials and alot of work had been done and the combination of slow playing and heavy handed SEC action gives this thing a black mark it didnt deserve, and make no mistake a SEC action is not a good thing whether it ended up being correct or not.
This has not really had any press releases, news, or fillings to have any fraud in, unless they are talking about any whisperings of stock pushers, brokers, or supposed insiders, what throws me is this didnt have any of the typical press releases and phony business plans like one would expect in a case of a scam, the list of companies who have done that is long and i have to wonder what happened here to catch the SECs eye when you have others with actual PRs that are phony.
Let the impatient sell, i was never in this stock to sell when i could make some profit, when the shell becomes fully active, or even when the business plans are introduced, i was always in it to see this become a real junior mining company.
I bought 10k shares last week to add to the 170k i have held for 8 months and will probably buy more then that next week as a recent stock sale clears and if we continue to see a discounted pps.
If the financials are done and SCG didnt run the news out ASAP that speaks to them trying to do this right and are in this to make it a operating mining company.
Thats the real question i dont know if there is some stalling in order to get things lined up perfectly or if there are problems with the paperwork.