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There is a difference between being Halted and being Suspended...
hint: Goto
Otcmarkets and find BIOAQ
if it was only just suspended you should be able to pull it up...
Regardless of what you want to be called... the bottomline is, you are below last place in the line of creditors, and get paid last, if there is any monies left to pay out.
Now, if you held preferred shares, you might get something but not if you hold common stock.
Realize the risks, take it for what it's worth. You won't win everytime...and lose most of the time.
One more thing to think about... well, maybe a few but shareholders are unsecured creditors.
Unsecured meaning no value to claim. Common shareholders that hold shares in a bankrupt company, are paid last and after all creditors are paid.
Some creditors who are on the bottom of the list will have to fight for their money should there be assets of the old company to sell...which should be gone by now. Wasn't the plant also sold? Probably all the inventory also. So if the stock is being held in the US, what is their worth if they have nothing?
Technically a shell company, it might get revived in a few years or so. Maybe...maybe not.
This hasn't been revoked yet... so it isn't DOA yet.
But it ain't trading that's for sure.
Last one... Turn out the lights
Then you are sol...
If the stock is not trading that is okay... as long as the registration is not revoked.
If that should happen, the stock is a worthless piece of paper. Does not exist after that happens. Now, whether the new company decides to go public will yet to be seen. if they do not, they could go on as a private company and no one has nothing since BIOAQ was bankrupt and no longer a company.
Meaning the "New" company... doh
Two things can only come out of this... Either this will be a big win for those who held, Or a huge loss...
Since this was in BK, the symbol removal means it is no longer tradable. Now the worse part... If Corporate really wants to be aholes about this, since it was a BK company, the stock registration could be revoked, meaning that all classes of shares are void and no longer exist.
If that happens and they do not issue stock to those who held for the new company, it becomes a total loss. I don't think there is a recourse should that happen since everyone knew the risks and had the chance to get out; and, if you chose to stay, it was on your own decision to do so.
I can only wish you well for a positive outcome.
Isn't a filing due sometime today? Today is the 10th day after the request...
$IGEX merger rumor... soon
https://twitter.com/_IGEX_/status/1181600895336890368
Minimum action today... This will not move on it's own
hardly any buyers today... float should be less than last reported in 2011... only 12.5 Mil in float.
Got my tickets and will get more if this dips... thank you
Volume shows only $1225.00 ave on 1.75 mil vol... lol pretty low
Dumping will continue until Friday... News next week as early as Monday as new docs due by 11/18.
Buying cheapie as it drops... tia
$PTAH MOTION GRANTED
Case Information
A-19-803155-B | KNC, LLC, Plaintiff(s) vs. PTA Holdings, Inc., Defendant(s)
Case Number
A-19-803155-B
Court
Department 13
Judicial Officer
Denton, Mark R.
File Date
10/07/2019
Case Type
Other Business Court Matters
Case Status
Open
Party
Plaintiff
KNC, LLC
Active Attorneys
Lead Attorney
Chasey, Peter L.
Retained
Defendant
PTA Holdings, Inc.
Events and Hearings
10/07/2019 Initial Appearance Fee Disclosure
Comment
Initial Appearance Fee Disclosure
10/07/2019 Motion
Comment
Motion for Appointment of Custodian
10/08/2019 Clerk's Notice of Hearing
Comment
Notice of Hearing
10/08/2019 Certificate of Service
Comment
Certificate of Service
?
11/12/2019 Motion for Appointment
Judicial Officer
Denton, Mark R.
Hearing Time
9:00 AM
Result
Granted
Comment
Motion for Appointment of Custodian
Parties Present
Plaintiff
Attorney: Chasey, Peter L.
11/12/2019 Order
Comment
Order Appointing Custodian
11/12/2019 Notice of Entry of Order
Comment
Notice of Entry of Order
F
ASK is Light and easily taken out... This is going to fly
Motion Granted
Case Information
A-19-803155-B | KNC, LLC, Plaintiff(s) vs. PTA Holdings, Inc., Defendant(s)
Case Number
A-19-803155-B
Court
Department 13
Judicial Officer
Denton, Mark R.
File Date
10/07/2019
Case Type
Other Business Court Matters
Case Status
Open
Party
Plaintiff
KNC, LLC
Active Attorneys
Lead Attorney
Chasey, Peter L.
Retained
Defendant
PTA Holdings, Inc.
Events and Hearings
10/07/2019 Initial Appearance Fee Disclosure
Comment
Initial Appearance Fee Disclosure
10/07/2019 Motion
Comment
Motion for Appointment of Custodian
10/08/2019 Clerk's Notice of Hearing
Comment
Notice of Hearing
10/08/2019 Certificate of Service
Comment
Certificate of Service
?
11/12/2019 Motion for Appointment
Judicial Officer
Denton, Mark R.
Hearing Time
9:00 AM
Result
Granted
Comment
Motion for Appointment of Custodian
Parties Present
Plaintiff
Attorney: Chasey, Peter L.
11/12/2019 Order
Comment
Order Appointing Custodian
11/12/2019 Notice of Entry of Order
Comment
Notice of Entry of Order
11/13/2019 Motion for Appointment
Judicial Officer
Williams, Timothy C.
Hearing Time
9:00 AM
Comment
Motion for Appointment of Custodian
Buy before it goes ballistic... if there is no opposition, the Custodianship will be granted. News will come out in a day or two... Maybe Friday or even today if it is heard in the courtroom... takes about 5 minutes to hear. If no one opposes, Motion will be Granted.
If any of you think this is going to double or single zero... Why sell now?
Reorg news coming and merger... isn't that the reason you are here? lol
Just got a bunch on the dip... GLTA
retail hard to short... though it can be done. MM's don't pay commissions nor any fees. They control the pricing and make market by enticing buyers by shorting it down; and the opposite is true, by dropping the pricing is gets the weak hands to let go thus accomplishing that mission.
Weak hands are letting go... buy opportunity when weak hands sell
Only the strong hold and gather more.
MM's want your shares... Guess who controls the market?
They need shares to control the next run and also cover their short sells... believe or not. They do short sell.
Buying opportunity is here before it starts moving higher... Weak hands will panic and get out...this is what they want you to do. You sell and they have controlled your emotions and thoughts. Only the strong survive and will hold their positions and even get more on dips... That is why they bought this in the first place.
MM's want your shares... Guess who controls the market?
They need shares to control the next run and also cover their short sells... believe or not. They do short sell.
Buying opportunity is here before it starts moving higher... Weak hands will panic and get out...this is what they want you to do. You sell and they have controlled your emotions and thoughts. Only the strong survive and will hold their positions and even get more on dips... That is why they bought this in the first place.
was that an updated figure or just a guess?
what do you think it is?
Float 12 Mil? Must be a lot lower by now...
Should start inching higher...
New Owner coming on board... Motion Granted
Now the merger... you can wait if you want or get some cheap shares now... your choice
Last chance for loading cheapies... lol Tomorrow is another day!
$PTAH MOTION GRANTED
11/12/2019 Motion for Appointment
Judicial Officer
Denton, Mark R.
Hearing Time
9:00 AM
Result
Granted
Comment
Motion for Appointment of Custodian
Parties Present
Plaintiff
Attorney: Chasey, Peter L.
Sell the news? News is not about the Custodianship but what is coming after that.
The merger.
This is just the beginning...
$EXLA = Just got off the phone with the Court Clerk...
Judge Gonzales heard the case and it was unopposed... therefore temp granted until officially posted... sometime today or tomorrow but it will be posted.
If there are any doubts, please call the clerk yourself...
702-671-4375
Suggest you start taking advantage of the MM's generosity of keeping the PPS down... Get ready for the BOOM!
MOTION GRANTED
SINCE IT WAS UNOPPOSED PER CLERK... WAITING FOR POSTING TO MAKE IT OFFICIAL!!!
Hey Doc... check my latest
Just got off the phone with the Court Clerk...
Judge Gonzales heard the case and it was unopposed... therefore temp granted until officially posted... sometime today or tomorrow but it will be posted.
If there are any doubts, please call the clerk yourself...
702-671-4375
Suggest you start taking advantage of the MM's generosity of keeping the PPS down... Get ready for the BOOM!
If that is what floats your boat...lol
glty
You have remember that the MMs or Market Makers need inventory to make markets. Unfortunately they also control the dips also. Once they have enough will let it move higher.
Because they got their inventory at a lower pricing they will of course profit as it runs.
MM's must really need shares to cover before the Huge Up Coming Run...
They are shaking the tree HARD!
Appointment of Custodian Granted
11/12/2019 Motion for Appointment
Judicial Officer
Denton, Mark R.
Hearing Time
9:00 AM
Result
Granted
Comment
Motion for Appointment of Custodian
Merger target can now move forward!
Thanks for the DD... a lot of it
One to put on the radar
LOL You know the deal... and they are...