Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
My apologies!....1st ameritrade guy did not seem too knowledgable, but second guy did and you are correct. Message was in 2 of my 4 accounts, but I had some stock in all 4.
I own kpay in my Ameritrade account and have not received this message.
There is no notice in my Ameritrade account and 8/13 is just 2 days away, so I just got off the phone with Ameritrade and they say this is not true.
Would you like to correct your post?
In 13715 you said SEC suspended because of stock printing - this is not true. But let everyone else read it and decide for themselves. Opinions are not facts.
I must correct your misinformation. Yes, the SEC did suspend, but not because of printing stock which is not true. Suspension was because of unusual trading patterns and potential other reasons. All are encouraged to read the SEC suspension details.
I have not heard anythiung, but my guess is that someone is buying up tons of shares in anticpation of forthcoming good news, but this is my speculation only.
The statement "Banned by the FDA" is simply not true.
Sorry, but "predict-actable" is not a real word.
Well, so if you will not answer my question then I cannot answer your question.
Please reread the links in #13670 with an open and unbiased frame of mind and the answers will appear.
Certainly any links to an FDA letter should have sticking power like super glue.
As I say in #13670, any readers can read the links for themselves and form their own conclusions.
Sure hope you are not talking about me. Posting links to an FDA letter is hardly spamming.
For any new board readers, you can read the press release and the FDA letter in the links below and decide for yourself what to believe.
Note in the 2nd link there is a pdf file that can be downloaded or viewed directly.
https://www.otcmarkets.com/stock/ROTH/news/PharmaRoth-Labs--Inc--Announces-Results-From-FDA-Application?id=77444&b=y
https://www.regulations.gov/document?D=FDA-2014-S-0023-0011
Now Jayyy, you know that the FDA did not ban Sucanon. You know better than to keep repeating this. Anyone who wants the full story can read the FDA letter and get the details.
Please don't insinuate that I am one of the scammers (I am not).
A suggestion hoping that others will think I am a scammer. I sure hope all board member are paying close attention to some poster method of operandi.
Well, a simple mistake on my part. I said 12636 and 12638 where I meant to say 13636 and 13638.
Jayyy, instead of trying to do a "gotcha" how about allowing for innocent mistakes? Surely just scanning back a few posts any reasonable person would have seen the posts that I meant.
I believe this type of devious attitude says a lot. Every poster should read this post and see for themselves.
Steve, can you tell everyone how you became involved with this stock? Did someone tell you about it or did you just stumble upon it by accident?
I sure hope you are not insinuating that I worked with a promoter. This is absolutely not true. As far as "widely known" I have no idea who this poster is and who the promoter is, if in fact there was a promoter, but feel free to name names and educate everyone.
The statement "BTW the posts you cite as yours as not yours" makes no sense. What are you trying to say? - don't dance around, just say it clearly for all to understand.
Well Jayyy, a poster did mention Covid in the poster's post, so this begs the question where did this said poster read it? Where did this said poster hear it? Unless this said poster is just making it up so people buy so this said poster can sell. Maybe THIS SAID POSTER's activities should be reported to the SEC. I suppose this said poster can delete the relevant posts, but too late as I saved them!
WARNING: If this said poster actions to vaporize the electron trail, then I get right on to the phone and dial up the SEC. As you say, the investigation is ongoing, so maybe the gulity party is right underneath their noses?
Steve, read my posts 12636 and 12638. This is the status.
Roth was suspended by the SEC. Read the suspension notice, but I believee the wording is general boiler plate with no details. As such Roth trades, but on the grey market.
I do not not know any more than this. I would recommend calling the company and ask your questions. Call SEC too but unlikely they will tell you anything.
Steve, just to clarify a few things:
1) The Fero name no longer exists. The name was changed to PharmaRoth Labs (ROTH) some years ago.
2) As far as I am aware, there is no research going on related to Covid-19, but if it was then it would be by Roth and not by Fero. I see it as very unlikely that Sucanon would do anything for Covid-19, but certainly someone could do some testing. Again, if it did anything positive for covid it would be dumb luck.
3) The link about Sucanon is from 2012, but yes, the one thing certain is that Sucanon lowers blood sugar. This fact we can all hang our hat on.
4) As for trading, as far as I can tell ROTH still has an SEC suspension which means that the stock trades on the grey market. Yes, you can trade but you cannot see bid and ask prices nor associated quantities, nor can you see level 2 quotes. Its a little like driving a car with your eyes closed. You can submit buy/sell orders and they will go through if they match up with others bids.
Hope this helps. Others feel free to clarify if I don't have everything presented perfectly.
Jayyy, just to be clear, the two links in post 13609 pertain to another company (not Roth) concerning N95 masks.
You are saying that Roth "was going to announce something for Covid-19!!", but yet no link or source is provided for your statement. The comopany never said in any press release or otherwise that Sucanon will do anything for Covid-19.
If you have a link to the original source, then please post it, otherwise it would appear that you in fact are the source!
For the record, Sucanon is for diabetews control. Sucanon will not do anything for Covid-19.
SEC is not stupid. They won't tell you things just because you maybe told them things.....LOL
Certainly they would not tell anyone anything!
I called the SEC and they would not tell me anything.
I agree that the suspension makes no sense. That being said there must be a reason. I have no ideas to offer.
Thanks for the information. Aparently you know more about these things than I do. Let me ask a question ----
Why 2 weeks? What is the point of a 2 weeks suspension?
Why not permanent suspension? What happens after 2 weeks?
Does trading on OTC resume?
In the absence of any details, all posts here are pure speculation. I suggest everyone wait and see what happens on April 20.
I assume this 2 week downtime will be to investigate whatever they are investigating. We shall see what they discover - good, bad and/or ugly.
Roth may be totally cleared, or maybe some punishment if there was wrong-doing. Maybe there are guilty parties outside of Roth - who knows?
At this point it could be anything. Stay tuned!
Germany is a fake country as are most european countries - they don't exist. LOLOL
Mexico was one of the first countries to approve it. I believe Iran has also approved it.
A few million is a drop in the bucket. Look ahead young man, if you focus on the rearview mirror you will crash the car.
Mike, here is my understanding.
The FDA rejected an application by Roth to have sucanion sold over the counter, but the FDA rejected the application because sucanon appeared to them to be a drug and had to be approved as a drug. We all know that to be FDA approved as a drug costs lots of money and time which Roth did not have, so they did not submit an appliction. At that time the stock priced jump because stockholders viewed this as good that they were sitting on a drug vs a lesser product.
Mexico approved sucanon many years ago for over the counter sales.
Every country has its own rules to get approved for sale, some will be over the counter and some not.
Roth never sold any drugs in countries where they were not approved.
If I have any of this less than 100% correct or incomplete, then someone please comment.
nope nope - you are 110% wrong...(maybe 115%)
This press release was not phony.
The train is leaving the station. Swallow your pride and resentment and buy some stock and make some money. Your wallet will thank you!
Everything you say incorrect - some DD is in order
Really?....since the last one was like 2 years ago, what press releases are you referring to?
You say "the website for this scam is down for over 2 years--shut by the SEC"......cite your evidence!
Website taken down by SEC?.....unlikely.....cite your evidence please.