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I owned over 2 million shares of the stock and it still comes up on my statement. I called the brokerage firm and they said, quite simply you cannot declare a loss on this security until the bankruptcy procedure is over. That could take up to 10 years before a company is officially bankrupt, some people i know were able to take the loss, it all depends who your brokerage company is. I thought i would be a millionaire off this stock and i dragged some close friends into it also, feel like such an idiot
Thanks brother, I appreciate the tip and will keep an eye on it. Good luck to you also
It just sucks dude, I thought Robert was a friend and I feel like I was betrayed. Promises were made that were never fulfilled and the frustration just spilled over to an argument that I know I will probably regret. I had close friends of mine who also bought the stock and lots of it and I feel as though I let them down. May be he is not to blame, I dont know but someone should have to take responsibility
I think we were all scammed and i think robert schwartz was the ring leader, I lost quite a bit of money on this stock by listenting to what robert was saying, i also had lots of friends who lost money on this stock for the same reasons. I dont think we should allow them to get away with this, i think we should stART A CLASS ACTION LAWSUIT against all the characters that were involved in this. If anyone agrees i am sure we can find an attorney to take this case on. Send me a private reply and we can discuss this further if anyone thinks we were screwed and we have a shot of recovering funds, since the bankruptcy was never completed, only filed i cannot even right off the losses against my tax returns, looking forward to hearing from someone or many i hope
What part of bankrupt don't you understand...We are done!!!
I AM DEFINITELY IN ON THAT!!!!!
No they have not filed....Very hard to get any news from anyone lately
As far as I know they are still a company trying to to get relisted. If you read the 8K it says departure of certain officers and recruitment of new officers. Until I see with my own eyes that they are officially shut done and have no hope of returning, I will keep hope alive.
Everyone should just take a deep breath and relax a bit. We are not out of the game and the fat lady has definitely not sang or sung whatever.As long as there is communication we are still in the game. The third quarter numbers are due to the SEC by November 11th if they file then we still have hope on the other hand if they don't file the the fat lady could be warming up. HANG IN THERE!!!!!
Yes, the Global lawsuit was dimissed, and for those of you who think I have abandon ship you are DEAD wrong. The problem with being a cheerleader is you only cheer when there is something to cheer about. Unfortunately while waiting for Finra and there turtle like process there is not much to cheer for. For a while there information was coming in nicely but it has come to a dead stop. They will not update investors with remarks like, "we are waiting patiently for Finra to respond, please hang in there" I probably have more shares of this company than most of you combined except maybe for Doc and Dave so i will be just as happy as the rest of you when this stock starts trading again. All I can say is be patient and stay the course, eventually Finra will run out of questions to ask and we will all be happy.!!!!!
Not that my two cents is worth much these days, I thought i would share what I have heard. They are still going back and fourth with FIRA and that eventually we will trade, there is no set timeline as to when this will happen, only that it will happen.
Have taken a rest from posting but I am back!!! I am just as Frustrated as the rest of you! We should have been trading at least three weeks ago. Finra is a thorn in our side and there is nothing we can do but wait. I believe strongly that we will be trading at full steam once we are approved. Have patience and believe in the process.
Nothing the company can do until we get approval from Finra. Believe me we are very close to being relisted.
Second quarter filings due august 15th. I hope we are trading before then
You got it P
Do not call Finra as this will only delay the process. We are almost there !
I have heard a few people say that it will open significantly higher, when i asked what does significantly higher mean, I was told anywhere between 750 to 1,000 percent higher than the closing price. That could mean between .28 to .38, I would be thrilled just to see it start trading again, regardless of the price. I have also heard there could be many press releases once the stock reopens which could also help drive the stock price much, much higher than any of us could have hoped for. I have only owned the stock for a little more than one year, much less time than many of you on this board, but am very interested in the all mighty buck just like everyone else. It is great to have some people to be able to communicate with even though we have never met, I hope with all my heart that we will be trading THIS UP COMING WEEK!!!!!!!!!!
Nice to see they spent the $$$$$ on updating the website. Maybe Finra will give there blessing this week so we can start trading. Can't imagine it will be much longer now.
Everything Doc said is true. What is the point of posting if you are constantly being asked for proof of your information. Once Finra approves we will be trading. Happy 4th!!!!!
Actually I live in your moms basement and she loves to see me in my underwear
If you don't like what I write then don't read it.
How about my social security number and my drivers license too.
Everybody needs to just relax. The company has done everything they need to do, which is a good thing. We are waiting for the SEC to give the green light which they will do when THEY are ready. We all want the stock to start trading again and it will. The timelines I gave for the stock to start trading again were not fantasy, that's what I was told, so don't shoot the messenger.
something strange happening, i track the price on two different sites and has been.038 since it stopped trading. Today on two seperate sites it's showing price of .032, this is the first time in four months i have seen a price change????? Don't know why but i will try to find out what's happening.
Everyone just stay calm, the SEC will review at there pace and when complete we will be re listed...As Frank Sinatra said "The end is near" Happy Fathers Day to all.
Today makes five days since we sent info to SEC, would be great to hear from them today.
My personal opinion is we will be trading before end of month. No chance we won't get relisted, one again waiting game blows, try to decide what you will spend your money on.
Dave smith is correct. We are in very good shape!!!
Q1 is complete. Audit should be complete and submitted to sec by Thursday. From what I have been told this the absolute last step that the sec is requiring. If there are no comments from sec we should be trading very soon. Cross your fingers and hope for the best.
I agree 100 percent it should have been done !!!!!!!!
Apra was correct sec is requiring q1 to be filed before trading can resume. Another fly in the ointment, hopefully will get done quickly so this train can leave the station. Over and out till next week.
I was told on a few occasions that q1 was not required for stock to start trading again. Do not like getting mixed signals they need to give strong message of unity to shareholders and stop the crap.
R is correct. Do not shoot the messenger, and as far as comments like is this another bad joke I believe I was the first one who said that the response usff had made to the sec was posted. We should hear some news this week but I have been hearing that for ten months. I am just as frustrated as everyone else on this board. The only news I want to hear is that we are trading again and I don't care if it's at .04, we just need to get back online. If the big dogs are listening they need to stop the bullshit and get us trading again.
This week
We will all Hear some good news this week
I think joe dog owes the phantom an apology
10-12G/A Documents [Amend]Registration of securities [Section 12(g)]
Acc-no: 0001144204-14-033027 (34 Act) Size: 672 KB 2014-05-22 000-31959
14862975
THE TIME HAS COME TO RELEASE THE KRAKEN!!!! HAHahahahahahaha (evil laugh)
Thank you David, I would never post something to mess with people on this board, we have been through enough. Now hopefully the rewards will start coming.
No joke it is legit. Don't want to say anything to get anyone in trouble. Trust me this came straight from very reliable person.public should be able to view today