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Thank you homebrew. You know what I find amazing is that I get different distribution of news from different sources. Many times my main broker post news that is not found on IHub. And IHub post news that is not alerted by my broker (usually paid PR's) etc etc etc..... I'm pretty sure a bunch of long investors got caught off guard by what just happened. If a company can send out snail mail about proxy vote announcements, dividends, etc etc etc..., why was an announcement not sent out that this company was getting shut down? Don't get me wrong, I really do appreciate all the new faces telling everybody after the fact :) Thanks again
Good night, see all y'all tomorrow RVUE!!!!
Everything is still on the table right now. Can understand people giving him an earful on twitter right now. We are talking a stock that was running between .0085 and .035 PPS the past month before he shut it down. Question, where are those funds right now? At 285,277,634 of 650,000,000 * shares of common stock just getting wiped out, there's a lot of money that just swapped hands in a very abrupt manner. I'm still thinking he has a strategy that is going to make this all clear sooner than later. To be a fly on that wall of what is being discussed behind closed doors right now. Can't believe this is not the story of the day on financial news!! This is RR, not a 2 bit hustler.
*http://www.marketwired.com/press-release/rvue-inc-announces-increase-in-authorized-shares-otc-pink-rvue-2202573.htm
Found this. Just wondering
What Happens When a Company Cancels Its Common Stock?
by Calla Hummel
When a company cancels its common stock, it declares all existing common stock certificates to be null and void. Most often, companies cancel stock when going through bankruptcy proceedings. After canceling, the company may cease to exist or issue new shares in a reorganized company. In either instance, the canceled shares only have value as souvenirs, not as securities.
Notification
A company can cancel common stock in bankruptcy and occasionally in other situations such as reverse stock splits, though a temporary recall is more common. The company may need authorization from a regulatory power before it can cancel, depending on where the company operates. It then instructs a financial service, called a transfer agent, to notify all investors, exchanges and other parties involved in the exchange of its common stock.
Certificates
The transfer agent notifies all relevant parties and updates databases so that all outstanding shares of common stock appear as "canceled." If an investor holds a paper certificate, the transfer agent may try to recall the certificate but can also simply update databases so that any search for the certificate number will show that it is no longer a valid stock certificate.
Meaning
A canceled share of common stock has no value as a security. The company no longer recognizes that share as representing ownership in the company and therefore other investors no longer recognize it as valuable.
Situations
Companies can cancel shares and not issue any more, which frequently happens in bankruptcy cases. Companies can also cancel existing shares of common stock and reissue new shares. In cases where common stock is reissued, the old shares have no value and no longer represent ownership, while the new shares do.
Anybody get notified thru their brokers?
Wow!! first post I click on has reference to NOLS, which was something y'all were posting about earlier here. GOOD STUFF. Thanks!!!
Thanks, Gonna go check out KeyOn's board to see what I can find out. Thanks Again
Spic
Thank You. Forgot to ask, How often have you seen this happen before?
I guess use it to offset taxes at the end of the year? Well, made some money from here past 2 years, I guess all good things come to an end. Thanks again.
Janice, appreciate your time and effort to visit RVUE's board. Have not seen you here before, so someone must have asked you to pass by and help figure this out. A lot of your posts today are flying way over my head. Just wanted to ask, if possible, is there anything positive that could be arrived at from the actions of RVUE today. Again thank you for your posts today and am learning immensely from them.
Spic
true.
See this is where I find it hard to believe that our shares are actually gone. I wish I had more insight, I'm trying to find other similar situations where this has happened but am having a hard time. Most scams crash the PPS. Or they get seized by the SEC. This is something not in that vein. I'm in a holding pattern and just watching how this unfolds. Don't let others create a chicken little atmosphere. Just remember we are dealing with Robert Roche, he has a reputation to uphold. Take a look at who he really is. http://www.rocheenterprises.com/about-us/robert-roche
I'm not buying into this doomsday scenario.
yep. The point that has me crossing my fingers, is most scams involve running PPS into the ground by management. What is going on here is something different. The coming days will show that I believe!!!!
Thanks P. appreciate your sincerity and empathy. Got my fingers crossed.
Again, Robert Roche is being called a scam artist is probably your weakest argument .
I do know that my portfolio has about a million shares of what used to be RVUE. It is still in my portfolio, as of 10 seconds ago. So arguments that it's gone has no merit. I'm gonna go have a late lunch and enjoy the rest of the day. Patience is one of my strengths. Panic is not something that I do.
You do realize you are talking about Robert Roche? Scam is not what is going on. We will watch this develop together if you like. I'll buy the popcorn, come on have a seat and let's see what happens.
Thank you, Nos. Your insight here on RVUE has not been unnoticed and giving you a follow just because I appreciate your views and opinions. I'm not giving up on RVUE!!!!!
Thanks, samre to you. Don't forget to check back in, possabilities are endless in RVUE!!!!
If someone doesn't own any RVUE and it has quit trading, why is there so much attention here still? This is setting up to be either really really bad or HOLY KRAP GREAT!!!!
I get that feeling too.
By the way, having a horse in this race, allows me to consider all possibilities. Both good and bad. Without a horse in the race, I could only sit and watch. And everybody knows going to a racetrack and not being able to bet, just isn't the same.
can you be more specific? It would do wonders for your argument. I wish I could tell you it's not true, but without proof I can't. Looks like you are in the same boat though.
I would like to know where the information that you are quoting came from. I found mine on insider buying website.
Agree. Something that is really interesting is that the L2 is still showing asks.
Also the drums that he sold his shares is false. The amount he owns
08/08/2016 6,923,077
Acquisition at $0.01 per share. 69,230
08/08/2016 6,923,077
Acquisition at $0.01 per share. 69,230
07/11/2016 5,384,615
Acquisition at $0.01 per share. 53,846
07/11/2016 5,384,615
Acquisition at $0.01 per share. 53,846
06/27/2016 1,538,462
Acquisition at $0.01 per share. 15,384
06/27/2016 1,538,462
Acquisition at $0.01 per share. 15,384
06/13/2016 6,923,077
Acquisition at $0.01 per share. 69,230
06/13/2016 6,923,077
Acquisition at $0.01 per share. 69,230
04/19/2016 6,923,077
Acquisition at $0.01 per share. 69,230
04/19/2016 6,923,077
Acquisition at $0.01 per share. 69,230
03/31/2016 12,032,337
Acquisition at $0.01 per share. 120,323
03/31/2016 12,032,337
Acquisition at $0.01 per share. 120,323
02/26/2016 6,923,077
Acquisition at $0.01 per share. 69,230
02/26/2016 6,923,077
Acquisition at $0.01 per share. 69,230
01/26/2016 20,769,231
Acquisition at $0.01 per share. 207,692
01/26/2016 20,769,231
Acquisition at $0.01 per share. 207,692
02/15/2013 166,666
Award at $0 per share. 0
02/15/2013 166,666
Award at $0 per share. 0
would have tanked RVUE into trips
I'm pretty sure the answer we are looking for can be found here.
https://www.lawinsider.com/clause/cancellation-of-the-shares
I'm pretty interested on where this goes, because most of the samples are about mergers and acquisitions. I believe this is going to get a lot more interesting then some are trying to write it off as.
Not just trading, We're up 28.24%!!!!!!!
news on the horizon??
I'm seeing people being very opportunistic and ask slapping.
Got my shares too.
From the products I've purchased, having factory sealed packaging, I don't believe these products are being put together in someone's garage.
Wait, you can also make a DIY submarine, although I would think a factory assembled model would work better 99.99% of the time.. I don't understand what your post is trying to accomplish. Also your second link is for rockwool? I believe one of the many uses is for it is to clone plants. Am I missing something???
So you have been following GEQU for awhile. Hopefully made some money.
Agree, LoveAndLight has always been rock solid!!!!
agree. Can never tell what the market will do on a day by day situation. But the future of BTGI took a huge leap forward with that news today. I'm in no rush!!!!
yep, that too
obviously, people flipping :(
Well the good news is that people will see the news over the weekend and we leave flippers in the dust come monday.
Looks like all the flippers are drying up, this is getting wound up so tight .01 is not out of range today!!!!
VNDM just got Bti%$ slapped
JUST DID!!!! HAHAHA!!!!!
Agree with needing news that is substantial. I admire your ability to not just yell BS at me about how bad BIEI is in your eyes. Actually your post was very on point!!!
BIEI, about to go BOOM!!!! Their ability to get to .02 has been proven over and over. I would not want to be selling at these levels :) :) :)