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Look @ MM ARCA sitting on the bid trying to buy shares to cover is NSS..
ARCA (Archipelago) is not an MM. It's an ECN.
Yep. And they've already hooked some suckers. I can't imagine what the RB board must be like.
Well...yes I can imagine it.
I rather doubt these people are miners at all.
They just don't understand how kind-hearted I am.
I do enjoy this sparring online.
Then you'll love the GWGO board. GWGO has "only" 18 billion shares o/s.
1. The shares held in each of the five new Gold Mining Exploration Holdings have been disposed of to five new "Holding Companies" (Bouse Mining Holdings plc, Sentinel Resource Holdings plc, Copperstone Mining Holdings plc, Ambassador Gold Holdings plc and Golden Eagle Mining Holdings plc) and are incorporated in the United Kingdom. For the purposes of this Announcement, these shall be referred to as the "United Kingdom Holding Companies".
All of these are St James Capital Holdings "clients":
http://www.stjcapital.com/clients.htm
Great client list. I especially like the Premier Dry Cleaning Collection. WTF is a dry cleaning collection?
"Long and strong" has got to be the dumbest slogan in the investing lexicon. Well, maybe right after "bashers never bash a bad stock".
Hey janice they only have 18billion.
"ONLY" 18 billion?
lol, then why are you encouraged by the fact that the new stock will be restricted?
If they are thinking off paying a dividend. There must be a profit some were. think about it.
Don't be silly. You'll just get stock in another St James Holdings company. If you're interested in their financials, this IS a reporting company. Go to Edgar.
Grub.
this is IMO one company trying to dig itself out from under the NSS.
Oh for God's sake. They've got a zillion shares out. And soon they'll have a zillion more.
That's nice, Tweets, but the holders can still short against their restricted stock, and I'm sure they'll do just that, when they feel the time is right.
YEEE HAAA NEWS!! Issue of Convertible Loan Notes
News of the issuance of convertible debt isn't really good news.
lol, EIGHT PRs before the bell. A bit of overkill, I'd say.
All shares being issued to pay for these acquisitions are restricted for at least one year.
Which doesn't mean the people holding them won't short the snot out of them.
Instructions here: http://www.cmkmtaskforce.com
Oh yes... And the St James Holdings people are real stinkers.
Special for you and Gump: a very funny gold mining play:
http://finance.yahoo.com/q?s=gwgo.ob
As you'll see, they put out EIGHT PRs today.
You might have some fun on the IHub board.
Here's one example:
Lumb plum in the firing line again
The mystery surrounding STephen Lumb, the playboy chairman of ST JAMES HOLDINGS, deepens. He is already facing allegations of being a bad payer of debts, and last week investors in Hanover, a shell company controlled by Lumb, claimed he was a bad businessman, too.
Among complaints at Hanover was the allegation that he had failed to distribute the company’s assets to shareholders as he had STated in public announcements.
There’s little the 7,000 private investors could do. One, who decided to tackle Lumb directly, was threatened with legal action, and told in an e-mail that ST JAMES HOLDINGS would be taking control, so it didn’t matter anyway.
Lumb insists he is being unfairly targeted. He said: “It is success, happiness and huge wealth that counts to me. The jealous, pitiful and unsuccessful unfortunates of this world love to attempt to bring down those they envy, but they’ll never succeed.”
http://www.timesonline.co.uk/article/0,,2095-1869271,00.html
That's possible. When the name came up in connection with GWGO, it was familiar to me, but I couldn't place it. Then when I saw that Stephen Lumb was the person running the company, I heard a vague bell that rang: SI.
So that brought up the stuff people have been posting about St James there. But of course they may not have all the connections. St James runs a bunch of shell companies, most of which appear to be trash. The one I found funniest was the "Dry Cleaning Collection". WTF??
Lumb appears to be shuffling "assets" from one pretty much non-existent company to another. IMO, that perhaps is what the GWGO "acquisitions" are all about.
Several of Lumb's companies have been subject to regulatory actions in the UK. Not all that low profile, either: articles about Lumb, not nice ones, have appeared in the mainstream press.
No, it isn't. Different people, from the UK. Seem to be highly unsavory.
I don't think whether it will trade normally or not has anything to do with the OK case. It has to do with nervous MMs and brokerages who're waiting for some kind of word from the SEC.
If this OK lawsuit didn't address the higher up's of the perpretrators, do you think another lawsuit will be filed by BCIT to address the cause as to how this was allowed to happen?
Absolutely not. The current action didn't work out all that well: the defendants were expected to roll over and pay up. But quite a few of them didn't do that. One--Pamela Thompson--went to the SEC for guidance. Another reportedly intends to bring his own suit.
It's a mess. The whole lawsuit idea was a very bad one. SACM was a red herring. BCIT can't sue the brokerages because they have no relationship with them.
I really don't know. I suspect there are issues we're not fully informed about: like that Wells Notice to which Megas apparently didn't reply. Not good. Megas hasn't supplied the necessary filings, and until he does, the SEC could move on its expressed intention to revoke BCIT stock. That would solve everyone's problems, except, of course, for the shareholders'.
In this case, I don't think that's what ought to happen.
Obviously the MMs don't want to take a chance on trading BCIT. So there'll be a stalemate until someone clarifies what's going on.
I'm saying that the OK case has nothing to do with brokerages in general. Only those named in the suit.
lol, the hairstyle just cracks me up. Not to mention the tiny tentative mustache.
Nope. Mario and his buddies are on their own.
Nope, none.
It means that Mario et al. were served notice that they would be compelled to pay the judgment specified in the settlement agreement.
Jim and I have been in some of the same stocks and we still have at least one in common - the infamous MAMG...
Hey, so do I!
As long as you don't invest money you can't afford to lose, you'll be okay. But it'd also help to learn how to do research. It's interesting and fun.
lol, I've lost track of Willy recently... I assume he's still making his MP3s. I can't wait till the SEC gets round to him again.
Grub.
Ohhhh, so you're just posting here for fun? Or did you just come over to ask about HISC and PLNI?
MLON is what PCYT was before it became PYCT.
LOL!! Pretty much nothing short of an SEC suspension can stop a penny momo when it's running.
But eventually it stops. The circus comes to town; the circus leaves town.
lol, me too...
Thank you, Tweets.
Oh GEEZ..... Nothing is up. The joke couldn't have been broader.
Frankly I find this kind of paranoia disturbing.
lol, that'd work, too.