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Facts are more than a few people called and asked the SEC about this and it was made clear that Gendarme and Gendarme alone is being charges.
There were posts about this at the time on this board.
Since the restrictions were fraudulently and illegally removed, your suppositions are incorrect. SEC's actions will only deal with the fraud, but a great first step in the process to stop this stock manipulation.
And many companies and investors were defrauded besides RCCH.
Looking forward to updates on the trial.
sold that many, did not buy that many or properly get them unrestricted, illegal sales equals SEC trial.
Should have talked to the SEC when they would explain the charges to all that called.
SEC is not charging anyone other than Gendarme, that should be your first clue.
yep, in April, some third party media verification.
almost as if something is happening.
A few more facts out there as well.
yeah so what, someone told him what they heard, next question?
Let me get this right, if you do not see or do not want to see a connection then it is off topic? Yeah, nice try.
Pretty obvious connection, someone showed in in about 3 minutes of investigation. So do your own DD. I know it is on topic.
Because he didn't and you weren't
nice speculating from the world of make believe
Ah, a dtc apologist, how refreshing, I am sure the DTC said many things, but in any case a compnany can always serve as a TA, even though they did have one. DTC not telling the truth> I'm shocked. Remember the DTc editing the wiki entry about naked shorting.
They are an embarrassment in this endeavor, but for now they are only able to try to hide there part in these matters.
skew and spin all you want, the DTC has a lot of 'splanin' to do...
No someone posted here they wanted to use an oil play and take over BCIT, can't remember whom and independent of any Pino BS offer someone else offered $1 for the shell.
My guess is someone wanted or needed this to go away.
Liking this position, we will see what happens over time.
We were passed for trading by everyone except the DTC and they made a series of demands , none of which they ever meant to meet, I suspect they were just trying to drive a wedge between investors and investors and the company.
The DTCC was asleep at the switch taking poorly forged certs and thinking Pammy was a TA, when she was later charged by the SEC.
A lesson in malfeasance that the DTC is trying in any way to hide.
Like I said there are some who want this to go away and fear Mr. Megas. Maybe they should not have passed bad certs, shorted this stock, or aided people in those two actions.
People wanted to buy this shell in 2005. Why?
I really respect Mr. Megas for turning down any such offers as I would believe that those offers were attempts to limit liability.
Getting revoked was not the worse thing that happened to us.
Those moaning about the Senate Finance Committee have no idea what the real problem is here, but I will give you a hint it starts with a D and ends with a C.
Many moved to brokers that do trade, was a pretty simple process for me from etrade and Schwab to Fidelity. think it was done in both cases in under 5 days.
If I were someone that had shorted this or passed a bad cert and they are obvious fakes, then I would be on the hook for that and terribly afraid if this ever traded again. And if I were in that position I might try to do anything to impede the progress of resumption of trading and or discourage anyone else from following or keeping shares in this stock.
People were calling various entities in the past impersonating investors, so some people would do anything to see this liability on their part just go away.
And if I were the hypothetical person I described I would be less happy that we are revoked then if trading had resumed in some quiet fashion.
And someone posted here that they were trying to arrange a buy out in 2005. Who? Why? What price? Funny to hear about it now after 5 plus years. If I were trying to cover up a scam I was part of a buy out might have been a perfect way to squirm out of a bad position and if my offered was rebuffed, then turning on Mr. Megas does seem like a possibility.
Being revoked is a scary place for some, they are locked in and frozen, but not released from past deeds.
a few heard it is in the works, what it means or when it happens is up in the air...
Could you please make that post a sticky?
Plenty of posts to wade though and this seems more important than the few hundred I have glanced though.
Thanks.
Why not post the quote that naked shorting does not exist?
Always nice to see some others opinions on what could be going on...
Not sure what or who you are referring to as this is a BCIT/Energy Source stock board. So I will comment too much on those opinions, whatever stocks they are in regard to.
Dealing with the subject of this board, BCIT and Energy Source.
Only charges here so far are against Pino and Pammy.
Maybe there is the need to distract from the true fraudsters here,
those two, and people who passed bad certs and shorted this...
Correct look under the rock with all the slime that forged certs with the wrong names on them and passed off Pammy as a fake TA and so on. The rock with the people that would be liable for passing fake certs and shorting this company if and when we traded again. The rock that has the slime that still quakes with fear that a revoked stock may someday trade and they would be liable for their past crimes. And the DTC rock of malfeasance, where they did their job so poorly that they want everyone to look away and forget their shameful role in allowing all this to happen and their ham handed attempts to cover up their malfeasance.
Plenty of rocks with plenty of slime, and wishing that this just stays revoked or fades away...
.0003 would be nice to see, we were told we'd never see a bid ask ever again, then if it ever did come back it would last a day or so, and looks like we have a nice solid base with most trades going through at .0002 recently.
Let's see where it goes in the coming weeks. Just getting interesting.
As a non-reporting company not surprising at all. Plenty of sources people have found that have never been put up here. Do your own DD and decide if you want in or out.
Looking forward to the Gendarme trail date.
yes others have seen it, file a FINRA complaint and look on the company website on how to report issues with brokers. some were able to get the brokers to make the move, esp. after FINRA took notice.
Schwab said it was their lock and not a DTC lock.
Schwab allows people to transfer.
WRONG, please provide a link to a "lock", trades are still happening , people are transferring form brokers chilled, only DTC clearing services have been suspended temporarily. Fits no definition of a lock by any stretch.
My opinion is this has to do with clearing up those fake illegal unregistered shares Gendarme manufactured.
Nice vol. yesterday, looks like we may be moving up soon, many investors who do not read here or take investment advice from anonymous posters. Do your own DD, many have and will.
I think there are 100s of reasons to be in this at this point in time, others may think otherwise...
In this case(s) misrepresenting the conditions to transfer shares
all of the big three have done some "unusual things" when people move out. They squawk fora few days and when FINRA pays attention they move the shares. Has happened enough times and enough people that something like that, some being short, is a possibility.
Add in Schwab reporting FTDs and it sounds like there are not a lot of real shares out there.
And a conundrum how on a share for share trading basis, no DTC clearing can thee be any daily short reported, let alone 65% yesterday?
Are some brokers still self clearing, not trading a share for a share?
Strange times...
some brokers are under a chill
jmo
plenty of shares traded yesterday and today
FINRA complaints filed by a few. is etrade being deceptive, trying to stop a transfer? we will see, should be a pretty simple process transferring shares for shares. or is etrade short?
And where? Fidelity...
RCCH has update on website asking for information on specific issues with brokers.
L2 on RCCH please? TIA
So you have RCCH financials then?
Please post a link to your data for that post.
MM games, shares tight, report that the .0001 transaction today was really filled at .00018. Shares are so tight that they have to fill this at the 5th decimal place. Suggest those who want shares try at .0002
Trying to hold down the price any way they can and there is other evidence that shares are scarce...
Great RCCH post, thanks, nice to lay out coming data
Cannot report what you do not track...
Because he did not, I am concerned about Gendarme selling illegally more shares then they should have, but the SEC has charged them.
Yes FTDs and I have proof, at least 2.5 million at this moment.
I bought today as well, so there you have two separate people buying and selling in the past 24 hours with a bid and ask, so I would say your post is not at all accurate.
3 stooges behaving badly, 2 of the 3 have tried to take back shares moved out to other brokers that trade RCCH. FINRA encouraged one stooge to follow the law and a new broker blocked the attempt by another stooge to take what was not their property.
Some speak so glowingly about the three stooges that you'd expect them to next suggest people mover from a broker trading RCCH to the three that will not allow clients to trade what they own.
Very interesting to hear how desperate those that cannot or will not trade RCCH have become. Reports of many moving away from the three stooges and it usually has been a very smooth process, but these two incidents are very unusual.
.0002 up 100% is a fact, wild conjecture,
rumors, opinions, do not explain how alleged dilution has us close at .0002
SEC charges against Gendarme only, say fake legal letters were written to sell illegally 2.1 billion shares. Gendarme and those who sold the fake shares are in trouble, buy back most likely.
Your post is absent a link to make that opinion believable.
Forward split much more likely,
343 million shares is not a lot.
please give us your opinion on things...