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Can you show us the links where Sib Almaz committed the fraud?
GBDX did hit Patrick Byrne's list of companies that were heavily impacted by NSS.....not surprised that NSS is still around, hugging this board and pounding away at the keys!
FINRA admits abusive Naked short selling takes place!
Shut down...must be for a good reason....like guilt to the hilt!
Isn't Nick from Hollywood......Pike and him buddies?
all the crooks who took part in the SPNG debacle.
I agree, all crooks!
I wonder how many broker dealers using Penson as their clearing house pound the ihub MB or for that matter of fact any other clearing house..........Penson/SPNG in trouble...
but REd is REd and Read is Read and Lead is Led and Lead is Lead!!
loan, your interpretation of the form 3 is one way...what dpilon was saying is that there was no form 3 filed by pike when the 100 million shares were initially bought as the company was a 1933 act co. which did not require a form 3 filing but when it did turn into a 1934 act co, which was on 28 Sep, pike was forced to file a form 3.......dpilon's statement was an FYI...I know it tickled your senses!!
by the by can you tell the dates for the buy transactions of the 100 million shares?????
not wrong! those 100million were bought well before 28 Sep 2009, the date of triggering event! So a form 3 was never filed when the 100 million were first bought.
loanranger, your are correct.........simple...look at the equation...
Net Worth = Assets - Liabilities
When Assets increase and Liabilities remain the same, Net Worth increases...
how come Patch has inside information..from SPNG and the SEC....how did he get his toes inside or how did the SPNGee know to seek Patch....
creditors will be dead...no fines.....GL with your imagination.
70% of BTR buy out price..that's cool 10 million in SPONG's bank...cash in the bank!
Yes, absolutely....that's why Davis said "based on the TA records, the OS is ~ 3B"....he knows that the Company's stock transfer ledger is the source document for all share issuances and cancellations.
Your answers are more or less relevant under normal operating conditions.
The TA's document is not the source document for share issuances and cancellations.
So puppy, Etrade froze Wiener's account at the SEC's behest but Etrade does not say that...they say they became suspicious of Wiener's trading activity and froze his account on 5th Oct!! What made them suspicious...the trading pattern..why, when the TA approved the Cert??? Why didn't the TA catch the fact that the unlegending was done within 9 days of issuance of the certs?? Besides, if the SEC had alerted ETrade, why did Wiener go to FINRA for arbitration??
dude, that was not a complaint...in fact, I would be more interested if the details were exposed..that's what I am interested in ...why are you always always on the defensive beat??
Something is not right about ETrade....I wish I knew what!
Wiener opened the accounts on Aug 19 and started selling the shares beginning 3 Sept 2009....what was Etrade doing between 19 Aug and 3 Sep?? Besides brokers don't act upon verbal cues...it has to be black and white....for example, from my experience.....I once deposited share certificates and broker said I could trade but on margin and if the certs did not go thru, I would have to buy back the shares and return them. Anyways, fortunately, I did not trade but on the 3rd day, I did attempt to sell when I got the message 'shares are locked up for trading' please contact the broker.......when I called up the broker, they said that the TA did not accept the Certs ( they had called in the cert number and also faxed)...so I called up the TA and asked them why....this is what they said....I had earlier registered those shares as lost and the TA had replaced them! So their you go...all the verification done in 3 days flat! O.K..lets assume that ETrade did not realize till the shares were sold..realized them after analyzing the trades....hard to believe.......to make a long story short, I think ETrade acted upon some external signal! imo.
I hope they do a good job and rake in every person involved....
I am all for putting all the fraudsters including hedgies and their accomplices into the same 4x4x4!!!!
neither does it excuse the scurrilous hedgies!
So what you say is correct and what I say is not correct....when SEC files things like TA report, they should file in its entirety and not in pieces ...... the
OS is base on what the transaction journal says...why leave out those brokerages that were conducting share transactions....and the uncerting of 1B shares ...those shares were included in the OS count....then why did they recert the 1B under the WST TA....don't waste my time any more...
Cherry picking indeed, a whole lot of them in different colors!
And do n't forget the hedgies..............
And Oye...I forgot to mention that Davis does include some 5-8 pages of the missing 73 pages in another section of the declaration....supposedly with a purpose....it appears as though that the SEC does things with a Design...of course this is my analysis gratis.......this case is so interesting and intriguing!!!!
Can't wait to see the guy who offered $75K to do a certain event spend 20 yrs in jail!!!
I think they may have problem with the feed...
So if Heller is dead, how will SEC proceed with discovery, trial....critical witness being absent in cyberspace...although they could have a lot of heads in the stand.....
yeah Risi...everything is silly about this saga about a dead stock and people are posting 24/7!!!
forgery and bribery are common everyday crimes of wall street...
I am not interested in wasting your time or my time since you are not interested in debating this issue....however I'll say this...those 73 pages could possibly contain something embarrassing to the SEC...prime time....
SO why did the SEC truncate the 73 pages of OM TA's report?? There can be no excuse in not publishing the Blue Sheets report.
Thanks for lighting up the fire Dave....tough questions...anyone have answers...lets solve the riddle...the suspense is unbearable!!!
WOW...there are too many donkeys on this playing field and frankly most of the SRO donkeys are non-compliant and if as you say there is no NSS then why not just publish the Blue Sheets report and put the speculation to rest...
NO it is not a fantasy of the individual investor to justify their..it is a fantasy of the Hedge Fund who have Naked shorted but deny it...it is in the Blue Sheets but unfortunately they are under the SEC's arse!
So M&M are crooks but the Hedge Funds along with their MM buddies who have naked shorted SPNG are not crooks???!!!! Funny world we live in!!!!!!!!!1
Is this stock trading...looks like it is...too many posts!!!!!!!!!!!!