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TradeStation does not allow trading HERB. Only selling.
For non-US individuals, the minimum opening balance is US$25,000 at Charles Schwab.
Something is cooking...
I don't think you will lose your tokens, snow. I am sure the company will look after you, as well as all the other shareholders.
Why would you say something like that? Lose your tokens? Like I said before, you don't need a Gmail-account, but that is up to you if you want to use one. In due course you will be notified by the company.
The process for me was like this:
- I received a secure email from ir@mycow.io.
- When I clicked the link to open it, I got a notification that a verification code from Google was sent to my regular (non-Google) email address and I was asked to submit this verification code.
- I submitted the verification code and the email opened and I could read it and copy the information. I could not select and copy the text, but I could make a screenshot.
No Google password whatsoever was required, except for the verification code that was automatically sent to me when I wanted to access the email.
I hope this helps, Snow.
OK, I rephrase: "Just send them an email and ask them to provide you the information in a manner that is not dependent of you having a Google account or password."
Or, if you prefer to go through the hassle to get a Google account/password. Up to you.
Just send them an email and ask them to provide you the information in a manner that is not dependent of you having a Gmail account.
Snow. You can use your regular email address to receive a secure email. The sender should use a secure email solution to send you sensitive information, Gmail's secure email or some other secure email provider.
SEC's Tips, Complaints and Referrals
Perhaps this could be a starting point for disappointed shareholders who question whether it could be illegal to offer the shareholders 20 cent/share without disclosing the assets in the company.
That is a thought that crossed my mind too, when I tried to figure out why they are offering people 20 cents for a $30 stock.
A bit like when a flight is overbooked. They offer people money to take a later flight and by gradually raising the bid, someone eventually takes the plunge and voilá - overbooked no more.
20 cents is massive compared to the current price when they filed the stock repurchase program. But it is pretty far from the $30/share worth of assets they are hiding "off the balance sheet".
Still no Q3 report. They have got until Tuesday Nov 14. Five more days.
If we don't get some positive news latest in the Q3, it would be disappointing. Two weeks ago they said they will communicate something to the shareholders.
If this was an American company listed on NYSE, what sort of valuations could these assets and cashflow generate?
What would it look like if you added 3-4 more years to that calculation?
That should make the total assets in the company worth probably between $4-5B.
The dividend was declared by the company. Not by RD.
And an appraisal would be equivalent to disclosing the value of their assets. So I think we pretty much agree.
Of course they don't. I never said they did.
I guess FINRA will prevent any action from the company that will allow them (HERB) to screw the shareholders. If HERB does not disclose the assets, there is no way for the shareholders to determine if a buyout offer from the company is fair Almost every shareholder would gladly accept an offer to sell their shares for 30% or 40% of the fair value. I am afraid the only way for HERB to make peace with FINRA is to disclose the assets.
Anything should be more smooth than being held the hostage of FINRA.
Considering their level of English and previous unclarities regarding written language, I don't take every wording literally. They have told me about the near future before. And that future is near no more.
Yes, probably. But we don't see, or know, that yet.
If FINRA doesn't come through and process the dividend, we may see HERB launch their Plan B to create shareholder value "in the near future".
Because someone out there does not realize that a jackpot is imminent. But one of my guys does.
Just a brief comment with regards to RD's post. Yesterday, April 30th, the aquaculture contract was finalized and signed. This means that we have now reached a deal and both parties are looking forward to our future collaboration.
It is an absolute pleasure to be part of this team. RD and Mike have been instrumental to refining this agreement into a win-win deal under the leadership of Laxmi. With the team members living in time zones as much as 13 hrs away from each other, my nights turned into days and my days turned into nights.
Now we are embarking on the next phase; to commence the constructions and get this colossus moving that we are about to create. The scope of this project is massive.
I am packing my bags. I have a feeling that I will get my share of traveling during the coming 24 months. Stay tuned.
They could tell us that the dividend is still in process, but it will take another few months to get it done.
or
They could make us an offer for our shares in an attempt to buy us out.
or
They could surrender and disclose the off-balance-sheet assets.
or
They could make an announcement about something completely different, like Jove or the crowdfunding or something else.
Of course they wouldn't reply to me. Makes perfect sense. But at least now we know that the "Pink Limited" didn't happen by mistake. In that case they would have changed it by now.
I sent an email to OTC Markets and asked why HERB had been marked "Pink Limited". At least they replied
I cannot get rid of the thought that HERB's (our) problems with FINRA and OTC are related to the fact that over 90% of the assets are kept off the balance sheet.
It seems obvious that we can forget about FINRA and the dividend. So let's see what Plan B HERB has in their back pocket to achieve their goals.
"Additionally we have a set of plans in the near future."
They are on page 9, section 5B:
Equity Art Corp Ltd (off balance sheet)
Except FINRA's.
No, it doesn't.
It means the FINRA hasn't raised any issues regarding the dividend - yet.
That is all we know.
FINRA could still come up with new issues that must be solved before the dividend can be processed. Then the waiting game continues.
Or they could remain silent for a few more weeks for reasons no one knows.
Or we could get an announcement on the Daily List.
Everything is still open.
But I found it positive that FINRA has not raised any complaints so far.
Up to this point HERB has not received any communication from FINRA.
HERB remains highly certain that they will succeed.
Additionally they have a set of plans in the near future.
Fasten your seatbelts.
When there is blood in the streets...
Very encouraging to see that they are making efforts to communicate and to be more presentable. Nice and tidy looking press release. Getting good vibes here.
I am still afraid that we are up for a disappointment. Because I can not believe that they would pay us a fair price for our shares. The off balance-sheet hustle doesn't imply that either.
Good job, RD!