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The reason I said that is because you mention 100% of the money so that's what I got out of it.
No I was going to visit on the 14th but there is no point I lost my money.
Not to be an a** but before you ever invest, you should always pick two companies on different sides to balance them out. Or diversify your portfolio, that's one thing that everyone needs to know how to do. Take me for example I lost ten grand on CDMA but I made that money back by also investing in C (Citigroup Inc.) So while I was loosing money on this side the other side went up and technically I broke even. You know the saying don't put all your chips in one pot. It's the same thing and when I first started investing I made the same mistake as you did but I learned and so will you. Which ultimately helps you make more money when you invest in a new company. I think we have all learned a lot from this mistake, and that is if the company doesn't share anything with you or doesn't show any documents then you don't waist your time and money on that because ultimately the same thing will happen again. So it's too late for us to do anything but you can never put a price on a lesson of a lifetime.
Hello, everyone I'm new to this board but I really hope your wrong about gold going up 20-30%. If that happens the dollar will take a huge hit.
Well the only good thing out of this loos is that I will claim in in my tax's and get most of it back.
Yes?
Happy Thanksgiving everyone.
Yeah neither am I thank though
Yes but it's hard to believe that a CEO of a large company wouldn't be aware of the situation. And even if he wasn't the board would have been. So steps should have been taken to ensure the safety of the company and it's investors.
I don't think it will ever make sense. But like I said before they took our money and ran.
This Order revokes the registrations of the registered securities of Advanced Remote Communication Solutions, Inc., American Aircraft Corp. (a/k/a Codima, Inc.), Blowout Entertainment, Inc., and Bytewatch Technologies, Inc. (collectively, Respondents).1 The revocations are based on Respondents’ repeated failure to file required periodic reports with the Securities and Exchange Commission (Commission).
I. BACKGROUND
The Commission initiated this proceeding on October 31, 2011, with an Order Instituting Proceedings (OIP), pursuant to Section 12(j) of the Securities Exchange Act of 1934 (Exchange Act). The OIP alleges that each Respondent is a corporation with a class of securities registered with the Commission pursuant to Section 12(g) of the Exchange Act and that each has repeatedly failed to file with the Commission annual and quarterly reports in compliance with the Exchange Act.
So what I'm getting out of this is that they are not following the law. And thus we got screwed by this company.
I guess the lady at the SEC was right. Damn!
I really hope your wrong about it. This is the first time I have ever seen this happen. But if your right I just lost ten grand, f**k it. Ohh well time to focus on my other stocks.
I will email him, and we'll see what he says. And as far as you visiting them on Monday good luck with the trip and let us know how it went. Also let us know what what questions they would not answer and I will ask them again when I go there.
There is something very fishy going on. Well we should have seen this coming anyway, so many things weren't looking good. Lets hope that this stock goes back up because I am going to dump it in a heart beat.
When you look at the map I believe it's the huge building toward the bottom of the page. You can't miss it, again I am just guessing but that is the address I was given by the company.
I will definitely contact them with that number see what I can get out of them. The 610-678-6900 number is the actual factory number where they do the work at. That's the place I'm going to visit, see some of the machines and how the process works and stuff, should be very interesting. It's located at 240 Main St Denver, PA 17517.
yeah you are right about that.
The numbers they have listed on that website I have never been able to talk to a person. I use this number to talk to the company representatives 610-678-6900 someone always picks up.
you know it,they can't survive without me. I'm going to try to get some photos of the place so everyone can see whats going on in the location. Maybe make a few videos if the let me.
YES.
I respect your opinion and that is why I contacted the SEC again to verify that what she said was illegal and yes it was. But I was told that it's not my fault that she gave me advice. So whatever happens to her is up to the SEC. As far as my credibility goes I don't believe that it will be hurt by me telling the truth. Now I do respect that you are skeptic of what I said and you have every reason for that. But there is one thing that bothered me and that is that, you think I have something to gain by lying to someone, and I don't. As far as the info it wasn't half ass I told you what she said the only thing I did not say was her name. But anyway lets put this behind us and forget I ever said anything about it. If I offended anyone I do apologize I am man enough to admit that.
Thank you.
I didn't call them for trading advice I wanted to see if they could get me some records. But anyway I called the SEC again and they told me that it is completely illegal. they told me to erase the post also, so does anyone know who to erase the post that I wrote.
Your welcome.
Why would I give you her name? Maybe she made a mistake and told me something she wasn't but I don't bite the hand that feeds me. Especially when I get information that would save me money. Again you don't have to believe anything I write or say, it doesn't matter to me. If you loose money that's your problem not mine I only care about me making money in the end. So I got some information that helps me make a decision and I thought I'd share with you guys. I'm sorry if you have a problem with what I am saying.
I can't tell you her name because I don't want her to get fired, but this is the number I called 1-800-SEC-0330 then I went to investor information and investor help. You can call them and see what they say. Ask them if investing in this company is a good idea. Also pretend as if this is your first time trading and you want to make sure you don't loose your money. As far as if they are allowed to tell you or not I can only tell you guys what she told me. She clearly said that "investing in this company will result in you loosing your money". As far as the new shares go I only said that it's not the SEC that is holding them up. I read some post that said the SEC is holding them up, at least that was my clear understanding of it. If i misunderstood it please clear it up for me and I will apologize to all of you for it.
Ok guys I just got off the phone with the SEC and they told me that the reason the company will not release any of its Financial information to us is because they are not registered with the SEC. So legally they do not have to share anything with us. Another interesting thing is that the lady told me is that trading this stock is pretty much a scandal to take our money. They can to do inside trading and it would be very hard for any one to catch them. Or what ever in order to influence the stock price. The advise I got was that and I quote " If you are willing to loose the money then you may invest in that company" She had to Google the company to find it. So that does not give me much confidence in this company. She also said when buying stocks "go to OTC MARKETS and type in the symbol and if it has records then you can, but she would not recommend investing in this company". I thought you guys should know and the SEC is not holding the shares back because they have nothing to do with this company. It's most likely the company that wont release the new shares. Also I fear that they are about to do a reverse split so I'm proceeding with extreme caution. I hope this helps clear up some of the questions that everyone here has.
I'm trying to contact the SEC right now and maybe they can get me the info I need. It makes no sense because they have locations all over the world and wont release any records. But that could be the main reason that this stock is where it's at. I also read that the SEC was holding the new stocks from coming out, or that how I understood it anyway. Why would they do that? unless there is something wrong.
Is there a reason that this company wont release its financial records. What do you guys think? I mean the Securities Act of 1933 was designed so that securities being offered for public sale and it's representing companies have to release this info to it's investors. I have inquired multiple times and have yet to receive an answer. I think that I may have to check with SEC if they are following the law. As investors we need those records to determine if we stay with the stock or dump it. This is crazy, I have read on this post that the CEO told you he is not permitted to release such info but that makes no sense to me.
I don't know if anyone has seen this interview with the C.E.O of Codima Inc. It took place in Feb, 2011 it's the only thing I can find out there.
Yes I really do, as an investor I have the right to go and see the ins and outs of the company. I have an appointment on December 19th with the company, and once I go there and see what's going on I will share everything I learned with everyone on this post.
I really hope that you are right. you have a good weekend as well.
Well like I said before the only way is for us to keep buying more stocks and ultimately drive this stock way up. Stock prices work based on demand the less stocks the company has outstanding the higher the price goes. As far as the company I was really thinking of taking a trip to their head quarters and see the operation they have going.
I do agree that the commission fees are a big problem. That's why when you buy you have to buy a big portion of a stock to make it worth it. As far as the stock going up it will happen it has to. As long as we can excite investors to buy into it we well make the stock go up. I hope it does make it easier to buy more after I believe its on 11/09/2011 when the split takes final effect. As far as it reaching .181818 well we can all hope I would become a millionaire so I hope it does.
I would not sell them, sometimes patience pays off. I would give it a few moth and if nothing happens you can sell then. But looking at the forward stock split, that normally means that the company believes the stock will climb, and that's why they do it. So I would wait until the price climbs higher and it will.
I definitely agree with you, that's an excellent point you made right there.
I believe that this stock is going to go up to at least 0.0018 with in the next few months. So what I would say to everyone is buy as many shares as you can and hold on to them because if it does go up, we will all make a killing.
Because penny stocks are not traded on the main markets, it's important to find a trusted broker or side exchange market to facilitate the purchase of stocks. In order to be truly effective as an investor, you must understand the 'bid and ask' price connection. The difference between the bid (real) and ask (selling) price is called a spread and is the base in which you will calculate your earnings. This is particularly important as penny stocks are sold by estimated values versus a single unit price. It is wise to install a stop-loss tactic and protect your capital with prudent exit strategies. This is both high risk and high reward. So, it's very important to know what you're doing, and listen to the experts.
When researching what penny stocks to invest in, it's important to do your research. Make sure you know what the company's product is, and how it's used in the marketplace. Identify what type you want to invest in, micro cap, small cap or large cap companies. These terms relate to the amount of capital each of the companies have, and is a great way to gauge new opportunities or growth patterns. When you decide to invest in the right small or large cap company, make sure you limit your order. A limit trade limits the amount you'll pay for the stock or your selling price. If you're dealing with a share that's a penny, then even the slightest movement in price before you buy can cost you all your profit or throw you into a loss. Since activity may be low on these stocks, certain individuals can play with the price of the shares and increase their selling price.
In any case, if you're planning on buying stocks in larger quantities, always make sure to go through a broker. They know the markets and are in charge of handling and selling, so it's best to work with them to maximize opportunity. Another thing we can do is to call the company that you are using and have them place the trade, I believe that when they enter it, it might go through faster.
OTC stocks frequently bank mind blowing returns for investors. Just look at Like Explorations Group (OTC: EXGI), a company that acquires and manages parking lots and garages in New York City. Its shareholders just banked 2,521%. Or Zagg (OTC: ZAGG), a company that makes protective coverings for iPods – in the past its small group of owners had made 827% gains.
One of the best ways to find penny stocks with this kind of gain potential is to look out for “growth catalysts”. That’s because without some big event or monolithic development coming down the road, there’s no reason for investors to care about these tiny companies.
You see, the majority of investors are only interested in making 5%–10% per year. That’s pretty much the maximum you can expect to gain if you are investing in blue chips. But we want the money multipliers — double-, triple-, even quadruple-digit gains that I told you about just a minute ago. For that to happen, we need some kind of spark to set our penny stocks apart from the rest. After all, there are currently over 6,000 to choose from.
As far as your order not going through it has to do with the volume. The thing is that a while ago when CDMAD was priced at 0.00009 it would have been very easy to buy at 0.0001 because people would have been selling their shares. So try this right now the stock is at 0.0002 and that's because people bought shares but as soon as the price goes down to 0.0001 you can place a bid right away. Now keep in mind that if the volume is low you might only be able to buy the partial of what you wanted. This has happened to multiple times and it very hard to predict what every other investor will do at that moment.
Thank you very much, I love sharing my knowledge to help people make money and live better lives especially in this economy. Also I have never tired TD Ameritrade but I'm pretty sure they all work the same.
Of course it does, some times there aren't people selling at that price so it does take a while.