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You don't wanna get tagged doing wash trades. They can say *you* are attempting to manipulate.
Also, AON orders not a good idea on greys...
I dunno...wouldn't the creditors who would get stiffed in Ch 7 actually be victims of fraud, if a Ch 7 petition is approved?
eg, Enron was horrible, but there were some real assets...
Here, what's left to sell, unless they consolidate the Dicon filing?
In other words, the BK court would sort of become party to the fraud...
You lost me there...
It shouldn't mean that, but it sure may turn out that way.
Yup, these characters have officially surpassed the Chief Creepy Underbelly status formerly held by RP Harris of CSHD infamy...
I imagine round-ups are allowed on real exchanges; probably penny issues got the idea from exchange-traded stocks. In the past, round-ups were referred to as "odd lots." In other words, rounding off odd lots was a time/money saving procedure for the bookkeepers.
filed where? You mean at the state level?
I'm not concerned; simply looking over the figures.
I do wonder, however, whether this r/s will actually be filed (and get an ex-date) or just be the subject of a PR...
Was pretty much responding to this:
Actually, the way the PR is written, the terms are confusing:
Actually, it's been shown to be higher, a little north of 88 per cent...
Haven't you ever noticed runs on a Q stock?
MMs invite those runs in order to clear inventory before the commons are canceled.
part of the plam, I'm sure...
what a goofus
lol, yeah, perhaps...
How long? It all depends on how many years they have to go back with financials. The broker-dealer can't require audited financials, but B-Ds are warned to be extra picky with unaudited financials when sponsoring a company that's been suspended.
I understand--was a copy editor on the main news desk for two large metros and before that small dailies and even weeklies.
Not familiar with her other stuff, but if she's been getting published in a real paper, her copy was heavily edited.
Even without an editor, that's no professional...
SubPenny Radio
You could try this:
http://www.petitiononline.com/
or Google for another....
http://www.google.com/search?q=online+petition&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a
A coupla peeps reported losing money...
Simon? He disappeared. I suspect his wife canceled his show...
Sort of...
In this case, it looks like the company hasn't even filed with NASDAQ/FINRA, yet...
All I feel comfortable saying for now is that it's certainly not encouraging that the company hasn't even addressed the 15c2-11 process. I've seen references to at least one of the principals' having a shady past, but I haven't researched enough myself to comment on that.
THERE'S a patent!
lol
The guy is trying to pull a fast one, by holding up the "record date" as the effective date, which is bogus.
None of this matters until it goes to NASDAQ and eventually gets published on the daily list.
By then, the company will probably have figured out that their little ruse won't work and so will simply drop the round-up provisions.
Well then (as you know), it's not even "real," yet. Of course the record date shouldn't be allowed to stand, but all they have to do is change their terms when they notify NASDAQ of the r/s.
not surprised.
But, it's not even on the daily list, yet, right?
history repeats, eh?
the BK-rod needs his peeps, lol
lol, I been drankin'
please remind me tomorrow and I'll respond to a coupla posts.
Different ones...but not IB. Like Scotia, IB fronted shares on MSXV, then turned around and held their clients (who sold) accountable as short when the company's attorney reneged. I think that's dirty pool... After that, some were selling only half in case they had to cover.
Ya, I really wanted to hold some for a chance at an ABIO/JDMC/JDMO/RINO -type deal, but being a pharma (w no attendant PR) made me wary. I *do* wish brokers played more of a level field, but I'm sure IBers were happy.
not quite that well--I believe that was only IBers, on fronted shares. I got some of the last of the 5s...
lol, not at all.
Did well with the most recent one...
sorry, SEC will be little or no help with round-ups: spent two years going around with them when Drage reneged on MSXV.
These are always risk/reward plays for me. $10 to maybe get shares, that likely will have a terrible spread if you do...doesn't fit my model. But if you like it, good luck and more power.
double-post, sorry
The problem with these kinds of plays is that companies is that this level may not actually deliver shares.
I think there *is* a revocation pool. I was mostly joking...
Hopeably, some will make sense...
I'd like to know more about this, too...
Well, there it is--did anybody win the pool?