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Yes nice start to the day,i don't think your average joe is doin the buyin, somethin is at work the mm's are even backing off so they must be thinking sell higher price IMO!
So next week should have filing?
Nice boat! I'm in for 10 mill also,i like the power of compounding numbers!
Thanks for info!
Thanks for info!
If we get another big volume day tommorro , we'll know something is in the works!
My boats loaded just waiting for news to set sails :)
Wow she is something, nice post i'm feeling better about are future here now!
Interesting looks like someone see's value here!
March 23rd was last sorry.
Yes they are due ,last was in march 8th i think.
I have no idea what will happen next here,this is a learning experience for me , they have plenty of shares to play with lol, i'm just going to watch and learn for future.
Yes it tells us the holophone has a demand from consumers,those who bought the phone will be exposed to Wowio for learning and teaching ebooks and other services Wowio is working to provide, such as games .So it's about exposser to the holophone consumers, that is important to start a customer base.If Wowio can show signs of interest from that customer base, they could be of interest as an accusition to Aycuem IMO don't mind my spelling lol
Divisions[edit]
Within the SEC, there are five divisions. Headquartered in Washington, D.C., the SEC has 11 regional offices throughout the US.
The SEC's divisions are:[10]
Corporation Finance
Trading and Markets
Investment Management
Enforcement
Economic and Risk Analysis
Corporation Finance is the division that oversees the disclosure made by public companies, as well as the registration of transactions, such as mergers, made by companies. The division is also responsible for operating EDGAR.
The Trading and Markets division oversees self-regulatory organizations such as the Financial Industry Regulatory Authority (FINRA) and Municipal Securities Rulemaking Board (MSRB) and all broker-dealer firms and investment houses. This division also interprets proposed changes to regulations and monitors operations of the industry. In practice, the SEC delegates most of its enforcement and rulemaking authority to FINRA. In fact, all trading firms not regulated by other SROs must register as a member of FINRA. Individuals trading securities must pass exams administered by FINRA to become registered representatives.[11][1
Oh ok thanks!
Yes this is true,,who authourised the 750 billion increase though, you must admit that something is wrong,that increase is absurd!I don't need to explain the purpose of that increase do I.Why would it be ok'd Regulatory failures[edit]
The SEC has been criticized "for being too 'tentative and fearful' in confronting wrongdoing on Wall Street", and for doing "an especially poor job of holding executives accountable".[28][29][30]
Christopher Cox, the former SEC chairman, has recognized the organization's multiple failures in relation to the Bernard Madoff fraud.[31] Starting with an investigation in 1992 into a Madoff feeder fund that only invested with Madoff, and which, according to the SEC, promised "curiously steady" returns, the SEC did not investigate indications that something was amiss in Madoff's investment firm.[32] The SEC has been accused of missing numerous red flags and ignoring tips on Madoff's alleged fraud.[33]
As a result, Cox said that an investigation would ensue into "all staff contact and relationships with the Madoff family and firm, and their impact, if any, on decisions by staff regarding the firm".[34] SEC Assistant Director of the Office of Compliance Investigations Eric Swanson had met Madoff's niece, Shana Madoff, when Swanson was conducting an SEC examination of whether Bernard Madoff was running a Ponzi scheme because she was the firm's compliance attorney. The investigation was closed, and Swanson subsequently left the SEC, and married Shana Madoff.[35]
Approximately 45 per cent of institutional investors thought that better oversight by the SEC could have prevented the Madoff fraud.[36] Harry Markopolos complained to the SEC's Boston office in 2000, telling the SEC staff they should investigate Madoff because it was impossible to legally make the profits Madoff claimed using the investment strategies that he said he used.[37]
A similar failure occurred in the case of Allen Stanford, who sold fake certificates of deposit to tens of thousands of people, many of them working-class retirees. In 1997, the SEC's own examiners spotted the fraud and warned about it. But the Enforcement division would not pursue Stanford, despite repeated warnings by SEC examiners over the years.[38] After the Madoff fraud emerged, the SEC finally took action against Stanford in 2009.
In June 2010, the SEC settled a wrongful termination lawsuit with former SEC enforcement lawyer Gary J. Aguirre, who was terminated in September 2005 following his attempt to subpoena Wall Street figure John J. Mack in an insider trading case involving hedge fund Pequot Capital Management;[39] Mary Jo White, who was at the time representing Morgan Stanley later nominated as chair of the SEC, was involved in this case.[40] While the insider case was dropped at the time, a month prior to the SEC's settlement with Aguirre the SEC filed charges against Pequot.[39] The Senate released a report in August 2007 detailing the issue and calling for reform of the SEC.[41]
Others have criticized the SEC for taking an overly rule-based and enforcement-focused approach to regulation, rather than an approach that emphasizes industry-wide safety and learning and thus ensures the reliability of the national securities trading system.[42]
Inspector General office failures[edit]
In 2009, the Project on Government Oversight, a government watchdog group, sent a letter to Congress criticizing the SEC for failing to implement more than half of the recommendations made to it by its Inspector General.[43] According to POGO, in the prior two years, the SEC had taken no action on 27 out of 52 recommended reforms suggested in Inspector General reports, and still had a "pending" status on 197 of the 312 recommendations made in audit reports. Some of the recommendations included imposing disciplinary action on SEC employees who receive improper gifts or other favors from financial companies, and investigating and reporting the causes of the failures to detect the Madoff ponzi scheme.[44]
In a 2011 article by Matt Taibbi in Rolling Stone, former SEC employees were interviewed and commented negatively on the SEC's Office of the Inspector General (OIG). Going to the OIG was "well-known to be a career-killer".[45]
Because of concerns raised by David P. Weber, former SEC Chief Investigator, regarding conduct by SEC Inspector General H. David Kotz, Inspector General David C. Williams of the U.S. Postal Service was brought in to conduct an independent, outside review of Kotz's alleged improper conduct in 2012.[46] Williams concluded in his 66-page Report that Kotz violated ethics rules by overseeing probes that involved people with whom he had conflicts of interest due to "personal relationships."[46][47] The report questioned Kotz's work on the Madoff investigation, among others, because Kotz was a "very good friend" with Markopolos.[47][48][49][50] It concluded that while it was unclear when Kotz and Markopolos became friends, it would have violated U.S. ethics rules if their relationship began before or during Kotz's Madoff investigation.[47] The report also found that Kotz himself "appeared to have a conflict of interest" and should not have opened his Standford investigation, because he was friends with a female attorney who represented victims of the fraud.[48]
Destruction of documents[edit]
"After you have closed a MUI that has not become an investigation…you should dispose of any documents obtained in connection with the MUI."
-Instructions to SEC employees on an SEC intranet[45]
According to former SEC employee and whistleblower Darcy Flynn, also reported by Taibbi, the agency routinely destroyed thousands of documents related to preliminary investigations of alleged crimes committed by Deutsche Bank, Goldman Sachs, Lehman Brothers, SAC Capital, and other financial companies involved in the Great Recession that the SEC was supposed to have been regulating. The documents included those relating to "Matters Under Inquiry", or MUI, the name the SEC gives to the first stages of the investigation process. The tradition of destruction began as early as the 1990s. This SEC activity eventually caused a conflict with the National Archives and Records Administration when it was revealed to them in 2010 by Flynn. Flynn also described a meeting at the SEC in which top staff discussed refusing to admit the destruction had taken place, because it was possibly illegal.[45]
Iowa Republican Senator Charles Grassley, among others, took note of Flynn's call for protection as a whistleblower, and the story of the agency's document-handling procedures. The SEC issued a statement defending its procedures. NPR quoted University of Denver Sturm College of Law professor Jay Brown as saying: "My initial take on this is it's a tempest in a teapot," and Jacob Frenkel, a securities lawyer in the Washington, D.C., area, as saying in effect "there's no allegation the SEC tossed sensitive documents from banks it got under subpoena in high-profile cases that investors and lawmakers care about". NPR concluded its report:
The debate boils down to this: What does an investigative record mean to Congress? And the courts? Under the law, those investigative records must be kept for 25 years. But federal officials say no judge has ruled that papers related to early-stage SEC inquiries are investigative records. The SEC's inspector general says he's conducting a thorough investigation into the allegations. [Kotz] tells NPR that he'll issue a report by the end of September.[51]ong, that increase is absurd!
YW who is Mark#9?
https://www.akyumen.com/product/holofone-phablet/ Looks like the Sept 1st release has already been sold out, have to wait till Nov 1st for next batch of phones. Hopefully wwio made it on first run?
Yes good point, thats like calling the cops to stop a burgler from getting in your house, and them helping him get in then leaving LOL!
Yes it all depends on how regulations affect revenue here, long term if they get through without borrowing to survive this could have lots of growth potential IMO
True, but is their job to make sure companies don't intentionally screw over their investors for personal gain :)
LOL yes could be run a lot better for sure!
Yes was a big boost for VPRB, they they walked away with quite a lot here,was smart move, I'll be keeping an eye on PPS, Big cig will lobby the FDA regulations when they see most of competition belly up ,maybe early as next year, VPRB should be below .1 by then IMO
Yes the warrants issue were a bad move by the company for sure,i'm referring to the former CEO ,and how he cleaned up here by taking most of assets to his new company,maybe that was the perppose of the bad deal they made here with warrants?
I'm starting to see the SEC is nothing more than a entity to grant crooked business, a license to steal from the investing public!
I guess the SEC is in need of investigation too then LOL!
He has used up his RS ability IMO ,he makes a go of things or sec will shut him down!
Thanks GMT , yes things are looking abit better exposer wise.
I just can't see how any study would take this long,something is wrong here IMO !
What's the connection here?
Yes nothing from ken in more than 6 months now,the company will need some money to keep in operation some how,so should hear something soon?
Thanks for the heads up, were not to far from the launch date sept 1 , if they delay that date again, it will be obvious something not right then.
True the only connection is their app is going to be on the phone,but akuyum has been working together with wwio on this new app, plus have given capital as well ,so maybe wwio patents are of interest to ackuyum ? Many on this board are thinking reverse merger time will tell.
Thanks for heads up, for now i'm just keeping an eye on the whole ecig vapor market, the FDA and politics set this industry back a few years, but eventually this industry will prevail I think,when big tobacco gets control of the market,they will lobby for changes and of course then vaping will be a good thing LOL!
http://www.bizprofit.net/direct-to-business-lending.html They may be on to something here,this company is involved with venture capital companies!
http://www.bizprofit.net/direct-to-business-lending.html They may be on to something here,this company is involved with venture capital companies!
So if this company requires a loan can they just sell shares at their own decrecian with no bounds or limit?Thanks i'm interested in learning about this?
Thanks for the info,so LP's have unlimited RS capeabillities?
I was interested till i seen 99 billion AS ! Why would any company that is thinking they'll do well need that ridicules amount of AS?