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No ceeegar. Looks like you're wrong again.
There are four tax ID numbers and your numbers are wrong.
Wrongo. Once again, you got nuttin'.
https://www.myfloridalicense.com/viewapps.asp?SID=
Q: What information do I need to view the status of my application?
You must provide us with a correct combination of a Social Security Number/Tax Number and Last Name/Organization Name to view your application status.
Florida BAT and US ATF
And they gave you a no-apps statement? What is the tax number of ULA? Knock knock. I said what is the tax number of ULA? Don't have it? Then you have NO apps info.
If you were serious, you would call Richard Blau, Esq., ULA attorney who is immensely qualified to shepherd the apps through the Florida system ... chair of GrayRobinson's Alcohol Beverage & Food Department, and presides over the firm's Alcohol Industry Team. Mr. Blau and his colleagues focus on the rules, regulations, and business practices that govern the marketing, sale, and consumption of distilled spirits, wine, beer, and other licensed beverages.
http://www.gray-robinson.com/attorney.php?ACTION=view&ID=1056
http://www.cooper-porter.com/People.aspx
Richard Blau of GrayRobinson
The law firm of GrayRobinson has the largest alcohol industry practice in the United States, representing all tiers and all segments of America’s beverage marketplace. The firm’s clients are suppliers, wholesale distributors and retail vendors who market beer, wine and distilled spirits.
Richard Blau is the chair of GrayRobinson’s Alcohol Beverage & Food Department, and presides over the firm's Alcohol Industry Team. He has the highest rating assigned by Martindale-Hubbell Law Directory. Chambers and Partners ranked Mr. Blau “Band 1” for Food & Beverage Law. He has repeated and current listing in peer ranking publications such as Super Lawyers and Florida Trend’s Legal Elite. He recently concluded six years of service as the Chairman of the American Bar Association’s Committee on Beverage Alcohol Practice.
It's a hut surrounded by trees
Well, it's a darned nice hut ... new building (2007), 10,000+ square foot warehouse on 5 acres.
Cooper & Porter's new location:
14337 Annutalaga Ave, Brooksville, FL, 34601
Currently leasing (figures from real estate listing): 3,300/month Lease Term Negotiable - Minimum 1 year ... For sale: $599,000.
http://www.cooper-porter.com/NewsArticles.aspx?aid=1005
... company signed a one year lease, with an option to purchase ... ideal for the first year of operations ... (may) acquire a larger nearby facility for bottling when growth dictates.
So that only leaves us questioning the motivation for your blatant lie:
ULA is a SHAM, here is proof...
Never mind, I don't want to hear yet another fabrication.
TinaG, just for the heckuvit (or the horror/education), you may want to poke around either SEC.gov or FINRA's BrokerCheck and look at the charges and fines for Knight Capital Group (or Securities) ... attempted grand larceny (Guilty) ... fraud (Guilty) ... and the list goes on. Millions of dollars in fines; some are slaps, some major.
http://www.finra.org/Investors/ToolsCalculators/BrokerCheck/index.htm
From our POV, the root problem (see below) is Trading securities for own account. According to SEC regs, a market maker such as NITE is supposed to engage in bona-fide market making to maintain orderly markets, NOT to engage in speculative selling strategies.
FINRA: ... the SEC indicated that bona fide market making does not include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security.
Knight:
Friday Tips_Sept 10th
Excerpt (Only the juicy part.):
MMG COMMENTARY: GOIG is currently in discussions and courting an OTCBB company that is looking to do a buyout of GOIG. GOIG, whose year end is September 30, is in a sweet position as it already has a set of audited books completed. The PCAOB http://pcaobus.org/Rules/PCAOBRules/Pages/Section_3.aspx compliance should be a relatively smooth one for GOIG. The company recently launched "Ticker Service" for public companies. It expects to sign up nearly 100 new issuers at a fee of $25,000 of restricted 1 year stock by the end of 2010 as it ramps up as a great takeover candidate by the OTCBB company. The company is currently engaged in a European marketing program as it targets German investors to look at GOIG in an effort to prop up and increase the buy or the support pressure of GOIG. The company is a featured client and has targeted a six figure cash budget to commence its awareness campaign. This should start very soon as September is the targeted launch date. There is talk of a possible or a potential merger between GOIG and a US-based company active in web teleconferencing (similar to WebEx).
Where did the Bank of America rumor start? BOA did NOT buy Knight or any part of it.
If I had to guess, some lazy reader spotted Knight - Feb. 17--Bank of America on Wednesday trimmed 65 jobs ... and similar lines and didn't bother to figure out that Knight meant Knight Ridder, the publisher, NOTHING to do with Knight or NITE.
Another way to stop NITE is not to loan out your shares.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46591984
Umm, that's the topic of conversation. They're finally releasing the hounds. Try to keep up.
Correct, the divvys are non-dilutable, so they wouldn't be affected by the R/S. As I understand it, they'll be free trading, but market value, who knows at this point. Let's hope that there will be a major announcement per GLCC coordinated with FINRA green-lighting the divs.
It could happen.
FINRA isn't a fan of trading halts, but they do have the power to implement them based on a number of factors.
If - not starting any rumors - VCTY is somehow tied to an ADR or there is some monumental event that would affect supply & demand, FINRA could conceivably step in.
In determining whether to impose a trading halt under Rule 6460(a)(3), FINRA will consider several factors in making its determination, including but not limited to: (1) the material nature of the event; (2) the material facts surrounding the event are undisputed and not in conflict; (3) the event has caused widespread confusion in the trading of the security; (4) there has been a material negative effect on the market for the subject security; (5) the potential exists for a major disruption to the marketplace; (6) there is significant uncertainty in the settlement and clearance process for the security; and/or (7) such other factors as FINRA deems relevant in making its determination. FINRA may review all or some of these factors as it determines appropriate.
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Every couple of weeks, the vol spikes suggesting accumulation. Per actual business and rev's, I still believe that LDSR is an unsung hero in the Pinks. However, until the company gets its act together with complete and transparent info, there's no reason for investors to join the party. JMHO
Aquaculture in China: Quick facts.
China Leads World in Aquaculture, UN Official Says
China produces 70.2 percent of the world's farmed fish and other aquaculture products, a senior official with the Food and Agriculture Organization (FAO) of the United Nations said in Beijing Thursday.
FAO figure shows that aquaculture has been the world's fastest growing food-producing sector with a growth rate of 11 percent annually since 1984.
Aquaculture in China
China, with one-fifth of the world's population, accounts for two-thirds of the worlds reported aquaculture production.
Aquaculture is the farming of fish and other aquatic life in enclosures, such as ponds, lakes and tanks, or cages in rivers and coastal waters. China's 2005 reported harvest was 32.4 million tonnes, more than 10 times that of the second-ranked nation, India, which reported 2.8 million tonnes
Aquaculture China, a trade show for China's rapidly growing aquaculture industry, is co-located with China Fisheries & Seafood Expo. The size of China's aquaculture production is truly amazing. According to the United Nations, China produces more than 30 million metric tons of aquatic products.
Jiangxi Shaungshi Pharmaceutical Co. (HIRU) to Launch Aquaculture Project in Nanchang
Nanchang, China, September 8, 2010 -- Hiru Corporation (HIRU; www.hirucorporation.com) subsidiary Jiangxi Shaungshi Animal Health Products (AHP) Co., along with Shuangshi subsidiary Jiangxi Ian Van Agricultural Development Corporation, recently signed a reservoir lease contract with Tang Nan Zhang Zhongxi Village in Nanchang County.
Shaungshi AHP and Ian Van Agricultural Development Corporation plan to use the leased freshwater reservoir for agricultural development and to expand into the aquacultural market. The location of the reservoir in the area of Poyang Lake, China's largest fresh water lake (3,583 square kilometers), makes the area highly suitable for this form of business expansion, as the global demand for aquatic products has been increasing steadily since the 1970’s, and as China plays a major role in this market as a producer, consumer and exporter.
Shuangshi AHP focuses on delivering veterinary and animal nutrition solutions for the Chinese agricultural market. Products include livestock health related items such as injections, volume injections, large volume injections, oral liquids, liquid disinfectants, feed additives, loose powders and feed premixes. The company is excited at this latest agreement, which would represent a new expansion into another lucrative industry.
Source: MMMG
breezin doesn't know diddly except for what he reads.
RMDM's authorized and outstanding share structure will reach 9,888,000,000 with this merger. All stock issued in connection with the merger (approximately 2,500,000,000 restricted shares) will remain as restricted stock. If the companies do not proceed with the merger or business relationship this stock will return to treasury and will be cancelled.
O/S per Fins: 9,740,028,133
Restricted: 2,500,000,000 -
--------------------------
7,240,028,133
Worst case, the float is 7,240,028,133. However, the question is what is the total restricted? Must be substantially more than above. Regardless, the co. is sitting on quite a bit of cash, which will make it a very attractive takeover candidate or contribute significantly to a real-deal merger(s).
Time to email the TA.
Exactly. You're beginning to understand my point, which is that the system is ripe (designed?) for abuse.
Even a seemingly simple question such as percentage of total fails long/short can't be answered because, in the words of the prof's, market participants are not required to identify naked short sales, which makes them difficult to study.
So the next best thing is to count the FTD's. Groan, but ok.
Next, and perhaps most difficult, is to try and understand the nooks and crannies of the trading and settlement systems: Broker-level netting, pre-netting, Stock Borrow Program, ex-clearing and off-shore failures. Who knows what else.
If anyone is interested, Patrick Byrne and Floyd Norris continue to have a somewhat civilized email discussion about all this in the NYTimes.
http://norris.blogs.nytimes.com/2009/04/30/is-naked-shorting-gone/
April 30, 2009
Is Naked Shorting Gone?
Nice dancin'. Why didn't you answer the poster's question?
MrBusiness: I was wondering if a list has been made for this board of PROVEN (if any) NSS stocks?
He was asking about stocks that have been naked shorted, not about short interest, a different (legitmate) animal.
Since you brought it up, yes, fails can be (and are) both long and short. The question, among many, is WHAT PERCENTAGE of TOTAL FAILS are long/short?
The funny part is that since NSS has attracted so much attention, it's now getting scrutiny by serious academics. The old lame excuses of human error and my-dog-ate-the-certs are laughable.
Although FTDs occur for reasons other than naked short selling, including processing errors and delays in delivering securities held in certificate form, we argue that persistent FTDs that lead to threshold listings are highly correlated with naked short selling.
The requirements for appearing on a threshold list–aggregate, open FTDs equal to, or greater than, 10,000 shares and 0.5% of the total shares outstanding for 5 consecutive settlement days–make it unlikely that processing errors and inadvertent delivery delays are the genesis of many threshold listings. We expect that the rare instances where processing errors and delivery delays do contribute to threshold listings are random and do not systematically bias our results.
- Profs. Boulton and Braga-Alves
Spell it out for the SEC or FINRA.
Whether it's market makers not making a market, abusive short selling or naked shorting, the message from the SEC is prove it. It seems like that's their job, but they have a point. They're busy.
SEC_Practices Related to Naked Short Selling.pdf
The Division of Enforcement is called upon to police the massive U.S. securities markets with decidedly limited resources and, in order to fulfill our mission of investor protection, we must intelligently leverage those resources. As manager of the Enforcement Complaint Center (ECC), the Office of Internet Enforcement (OIE) is under the same mandate with respect to its limited staff.
In order to derive the maximum value from the investor complaints it handles, OIE is charged with prioritizing and passing on for further investigation complaints that contain the most facially compelling information regarding possible violations of the federal securities laws, the material most likely to trigger Enforcement investigations leading to filed actions. This is accomplished by focusing on complaints with a high likelihood of
accuracy and credibility (like those of purported insiders or scam victims), those whose information can be readily vetted (i.e., visible price swings in a possible manipulation or insider trading allegation), or those involving demonstrated, immediate investor hazard in the current market environment (Ponzi schemes, improper sales of auction-rate securities).
The ECC receives all sorts of communications. Investor omplaints run the gamut from the painstakingly specific and well-researched to the speculative and fanciful. So-called “Level II” complaints – that is, assertions of market manipulation or distortion from retail investors based purely on observations of private computer terminals – rely on simple trading snapshots and are really no more reliable an indicator of fraud than a dart tossed at a dartboard full of company names. Other types of complaints, like those based on direct in-person or electronic solicitation, for example, are far more likely to paint a coherent picture for investigators.
As the Report notes, a large number of the complaints received provide no support for the allegations. For instance, some complaints merely state that no one should be permitted to sell stock that they do not own. However, legitimate short selling by definition is the sale of a security that the seller does not own. Other complaints allege that a specific issuer’s price has declined and the complainant believes the decline must be the result of “naked” short selling, even though the complainant cannot know if the price decline is due to “naked” short selling, legitimate short selling where the seller has borrowed and
timely delivered securities, or other legitimate price discovery mechanisms. For instance, price declines may occur because owners of the security may have sold their securities in response to unfavorable financial information or unfavorable news about the issuer or the issuer’s particular industry.
The best sources for information on violations relating to “naked” short selling is the SRO, which has primary responsibility for surveillance of its trading. And we receive a large number of referrals from the SROs, addressing all forms of alleged investment misconduct. It is telling that, of the 900 SRO referrals Enforcement received during the Report’s 18-month survey period, none involved the practice of “naked” short selling. That is to say, the people closest to the trading, with the deepest understanding of and access to the data, did not see and refer any of the large-scale, damaging “naked” short sale abuse about which the Report hypothesizes. That having been said, as the Report notes, the Commission has brought Enforcement actions for conduct including “naked” short selling, where violations have occurred.
MrBusiness, why am I not surprised that you were steered towards the NYSE data.
PROVEN (if any) NSS stocks?
You might want to start with the wealth of info avail from the SEC:
http://www.sec.gov/foia/docs/failsdata.htm
Fails-to-Deliver Data
Report for the first half of August 2010:
60,952 issues
Total number of FTD's: 4,682,963,532 shares
Note: If you throw the text file into a spreadsheet, you'll get FTD's 4,682,895,271. Not sure why the discrepancy.
Next, you may want to pay a visit to the Reg SHO and Rule 3210 list:
http://www.nasdaqtrader.com/trader.aspx?id=RegSHOThreshold
Regulation SHO Threshold Data Field Definitions:
http://www.nasdaqtrader.com/Trader.aspx?id=RegShoDefs#note1
If you're new to NasdaqTrader, it's basically a data and info repository for NASDAQ members and information providers.
Good luck on the learning curve. Bring aspirin, education and a healthy dose of blank-page thinking to many (most?) of the posts you'll see on the subject.
How do you know it's 1:1000? e/m
Good corp update.
RMDM remains committed to its long term shareholders. The company will shortly unveil a China-based expansion plan, which by all accounts should breathe new life into RMDM. The company will provide further updates as they become available.
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Waiting mode. What would you like to talk about? e/m
Another empty, generalized, puerile post.
Nobody likes these pps levels but if you would read the PR'S and other company statements, you might have an understanding of what's being done about it.
Stocks? What stock market?
Oh, we're here watching from a distance. STILL think Chuguan is a monster company. We'll see if it translates to LDSR.
MarketWatch: U.S. stocks end month down 4% to 6% in worst August since 2001
Hmmm, another DOS attack?
Not starting any rumors, but wondering if the attack on iHub is somehow related.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53794046
Applause for the confirmation.
Simply put, a China-based company is seeking to buy out on RMDM's Innotrek on an all cash basis. This could have great benefits for all RMDM followers.
An all-cash buyout will rocket the pps and knock the MM's right out of their highchairs. Joy.
If anyone is wondering about Cellar Boxing, plenty of info avail. Interesting topic.
Excerpt:
In order to participate in “cellar boxing”, the MMs first need to pummel the price per share down to these levels. RMDM: Affirmative.
The lower they can force the share price, the larger are the percentage spreads to feed off of. This is easily done via garden variety naked short selling. RMDM: Yeppers.
GLTA
SEC soliciting comments:
Lotsa juicy topics. Public comments avail.
http://www.sec.gov/spotlight/regreformcomments.shtml
Here's three that may be interesting:
> Prohibitions on Proprietary Trading and Certain Relationships with Hedge Funds and Private Equity Funds
> Short Sale Disclosure
> Anti-Manipulation Protections
Not retail. MM <-> MM, IMO. e/m
WTF is wrong with this stock
MM's are shorting, working with sweet, habit-forming percentages of 33.33% and 50%.
.0003 to 2
.0002 to 1
Is it legal? SEC sez no. Does anybody care? Apparently not. No easy target to complain about. For the MM's, this must be like taking candy ...
Mon 20100816|RMDM|21300000|63220000|O 33.7%
Tues 20100817|RMDM|9185000|24360000|O 37.7%
Wed 20100818|RMDM|600000|607000|O 98.8%
Thur 20100819|RMDM|244893640|398983100|O 61.4%
Short answer: Dunno. Long answer: Dunnnnnno.
Who knows if this is THE entry point. Only you can be responsible for your trading decisions. That said, and since you undoubtedly know that, HIRU is beginning to get some long overdue interest.
Vol today 866,125
Buys 818,625
Sells 47,500
Of the buys, a bunch were 5K blocks, which I assume (always dangerous) were MM's confirming that they were in the MM lineup.
This thing could rock based on this little bit of overloooked news: HIRU expects to finalize the forward split as soon as the week of August 23, 2010.
IR confirms NO dilution.
Q1 2010: Stockholders will receive 5 HIRU shares for every HIRU share. HIRU stockholders have expressed concern that this stock split may dilute the market, or initiate a sudden sell-off which will flood the market. Many are eagerly awaiting the pending split date from FINRA. Stock holders should be assured that due to the restriction period, HTDS investors who receive HIRU stocks will not be able to ‘dump’ their shares in the market.
Thnx for the reminder.
How did you hear about HIRU?
Humma humma. Time to buy?
HIRU expects to finalize the forward split as soon as the week of August 23, 2010.
To be (overly?) clear: Your Shares X 5 = Your Total Shares.
Vol beginning to percolate.
Yawn. Same ole shovel. e/m
You're preaching to the choir whether you know it or not.
I've been singing the same song and I welcome a herd of cats yowling under the same window. Have you let IR know your concerns; preferably concisely, thoroughly and factually. It might help. They pass along investor concerns to the company.
I don't want to get crazy about it, but today's paragraph was significant, IMO. For the first time, there was forthright, perhaps painful honesty in straight, declarative sentences. It's progress; recognition that investors are BUILDING this company too.
The company announced that it would proceed with a share reduction, of up to 400 million shares. By May, this share reduction had not occurred, and investors began expressing loss of confidence. Other factors that contributed to investor scepticism were the continued lack of financial audits, the lack of follow-through on proposed mergers, and fears of market manipulations.
Email from IR:
The actual financials (Q2 –Financials.pdf) that were posted are correct. It’s the numbers in the Q2 quarterly report (under Research posting) that are incorrectly reported. It’s actually the period covered that is incorrect. We are fixing them now and will re post.
The Chinese insited that they do their own postings!
In future, we will have to have a review of the numbers being reported in the quarterly reports before they go out so this does not happen again.
Re: RMDM filings
> Whoops, mistake? Same revenue. Different time periods. How does this sloppiness happen?
RMDM_Q2, 2010 - Financials.pdf
FOR THE SIX MONTHS ENDED June 30, 2010
Revenue $2,424,165
RMDM_Q2Report2010.pdf
During the quarter, April 1 – June 30, 2010 period, the revenue of RMD Entertainment Group is reported to be $2.4 million USD, with a profit of $469,000 USD.
> The truth is welcome:
The company announced that it would proceed with a share reduction, of up to 400 million shares. By May, this share reduction had not occurred, and investors began expressing loss of confidence. Other factors that contributed to investor scepticism were the continued lack of financial audits, the lack of follow-through on proposed mergers, and fears of market manipulations.