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Was not my idea!!!!
I am just being real.. at this point I am waiting on the 10K if that doesnt show I will obviously take a different position
I contacted the Scottsdale PD and the website and find NO record of this matter. Can you provide a case number?
I agree the stock price may die a slow death it the 10K does not materialize.
However, Those of us that hold share still have a vested interest in the ECCO2 business, contracts and so on.
YES I had never heard that term before today when you mentioned it so I Google it and Ihub was high on the list and made sense so I posted it thinking others may not have heard of it either.
Clearly RVPL is not in that position. There simply are few shares, under 5 million of the 120 million in the float.
That is wy there will not be an exodus. I am waiting for the 10-K and or the 15th of august to make my final decision on this one.
HOLDING ALL MY SHARES TILL AT LEAST THEN then evaluate
Well somebody picked up some VERY VERY cheap shares today!
Today was the first time I heard that term. I googled it, found some info and posted it.
If you have an issue with it take that up with TenKay he alerted me to the term I just posted my findings.
I do not believe it is a real concept
There is no point.
Yes RVPlus trades on the Greys which sucks but the subsidiary ECCO2 is loaded with intellectual property and don't forget those contracts have value too!
I have said it before and will say it again I am not sellin under $1
If it doesn't get there well at least I tried to and believe there are assets here
There will NOT be a BID and an ASK until a form 211 is filed. Form 211 will NOT be filed until or unless the 10-K is filed.
End date on that is on or before August 15, 2013 from what I can determine.
I learned something today, I don't think it applies here but thank you
Float Lock Down (FLD) basics.
Posted by Cowboy - Monk's Den board - Thursday, March 11, 2010
When we talk about the float we are talking about shares that are freely traded on the stock market for a particular stock. The float is the outstanding shares minus any shares that are not available because they are restricted or are being set aside for company purposes.
When we buy and hold stock we are taking shares out of the market and in that process reducing the float or any available shares that may be sold.
When we have effectively bought all of the available shares then the stock is in “Float Lock Down” as Monk states in his posts.
Any shares purchased after the Float Lock Down point is reached are shares the market makers do not have so they are either shares that are sold short or they are naked short shares, shares that do not exist.
When this event occurs then the market makers job is to try and free up shares or take the market on that stock to a higher level in order to create sales of shares.
If the market makers try to free up shares then they will do what we call a “shake”. They will take the stock up then short it down in order to create panic or take out stop loss orders and/or take out those individuals who have mental stops in mind.
If people do not sell and hold stock for a higher valuation then the market makers will determine after a period of time to take the stock back up and try to encourage more selling.
The market is based on supply and demand. If the demand outweighs the supply then the market makers try to create an atmosphere for the seller. If there are no sellers then they take the stock to a point where people will sell.
And that my friends is where it gets exciting.
Original Post
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47712128
I disagree on that. There have been MANY days with zero volume prior to the suspension and move to the Grey's.
There have always been buyers on this it been hard to find sellers with a float of only 4.3 million.
I know several buyers that are actively trying to acquire today and have been for some time but there have not been any substantial blocks of shares available.
I see NO action anywhere on this one! Where is the massive selling you spoke of?
RVPL is NON DTC-ELIGIBLE and trades PHYSICAL certificates:
Dear xxxx,
Penson Financial Services, Zecco Trading’s clearing firm, has recently implemented two new policies which impact Zecco customers who trade low priced equities (stocks priced under $1.00 per share, commonly called “Penny Stocks”). These policy changes were necessary due to the significant risks, costs and increasingly burdensome regulatory requirements related to trading these equities.
Briefly, these policies relate to:
1. Settlement fees for non-DTC-eligible equities
2. Potential “buy-in” of low priced equity transactions based on NSCC requirements
These new policies impact the customers of all brokers clearing through Penson Financial, including Zecco Trading. Included below is a brief outline of these policies. Please read our Low Priced Equities Disclosures to thoroughly familiarize yourself with all the aspects and implications of the policies.
Settlement Fees for Non-DTC-Eligible Equities
The Depository Trust & Clearing Corporation (DTC) provides electronic clearing and settlement for equities, bonds and other securities. The vast majority of equities traded by Zecco Trading customers are DTC-eligible. However, certain low priced equities are not DTC-eligible or have had their eligibility revoked. The DTC eligibility of any given equity can change over time.
Settlement of non-DTC-eligible requires physical processing, which can result in significant execution, deposit, transfer agent and other fees. The fees generated by the settlement of these physical positions are passed through by our clearing firm, Penson Financial, directly to our customers - neither Zecco Trading nor Penson mark up these fees.
YES, yes I do. What you call a "lie" I call a statement.
Unfortunately she could not make it but I noticed online there is another hearing. I am hoping somebody can update us on what happened today.
Seems the next hearing (SAME Case#M-751-CV-2013018529) is 8/9/2013 @ 2:30PM Courtroom #3
well if you think its a loss now wouldn't it be a better loss for taxes to get your broker to buy all your stock for $1?
Put some up @ $1.00 and some up @ $10 while you are at it!! :)
My vote is BORING, who would sell shares under a dime rather than wait 2 weeks?
Most people play pennies to gamble, if you already have shares @$0.10+ Why sell so cheap?
I think this is worth the short wait.
OR it could be that the SEC made the request to make the change.
Not an excuse, just not going to abandon ship at this point without a complete picture.
Well, if someone offered $ a share I may have to evaluate sooner than later but at the price of the stock now NOTHING to loose waiting for answers and more information.
My guess the hearing is still in progress or almost done and we should have a MUCH clearer picture once we learn the result of that.
You may be shocked but I have complete faith in Mr. Peterson.
There must be an explanation. I can only imagine how busy he has been since the suspension, with;
1 the lawsuit/hearing today
2 responding and communicating with the SEC
3 responding and communicating with the Auditors.
4 growing the business
Your post mentioned a press release also so I am NOT throwing in the towel by any means and will evaluate things on the 15th of the month after I see or don't see the 10-K
Nothing to loose in waiting less than 2 weeks right?
Well I am a bit disappointed to say the least. I expected to see the NT-10-K first thing this morning.
I would imagine Peterson is tangled in the hearing at the moment but I think we are all due some answers why the filing is not done?
I keep checking for the filing at:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&filenum=333-168768&owner=exclude&count=40
But nothing as of this posting.
I asked a friend in Scottsdale to go to the hearing if possible @ 1PM, will let you know what I find out.
I would expect a transcript would be available at the courthouse tomorrow too.
required to be filed. I respectfully disagree on the 8-K.
While I agree it is not available on EDGAR as of 10 minutes ago apparently it HAS been filed.
As for your continued comment about an 8K, I have failed to respond simply due to the fact that I disagree.
Please let me know which item you believe warrants the filing of an 8K?
https://www.sec.gov/answers/form8k.htm
NT-10-K was filed today and to watch filings, according to RVPlus !
RVPL Resumes Trading on Friday!!!
What have we found out?
1. The SEC placed a 10 day trading suspension on the stock
2. The business moves forward without interruption
3. the 10-K is due by August 13
4. Stock commences trading on the Grey's August 2
5. Almost $2 billion in contracts over 10 years
6. a FREE email account allegedly claims nothing.
7. Mr. Peterson is a Director, Center for Climate Change & Environmental Studies
8. Center for Climate Change & Environmental Studies is
An affiliate partner of UNFCCC, UNDESA, UNCTAD, & UNEP
9. ECCO2 Tech (OTCQB: RVPL), is a Subsidiary of RVPlus, Inc
10. Mr. Peterson is President of ECCO2 Corp
11. 5,000,000 of the entire 10,420,000 float is held by Mr. Peterson
12. Recent News: http://tinyurl.com/RVPL-press-update-07222013
13. less than 3 million shares have traded over the past 14 months. Under $500k total
14. There were about 4.3 million shares from original S1 registration in 2010
15. Currently there are 120 mill shares outstanding.
16. Average PPS paid for any and ALL shares is over $0.10
17. All sales subject to physical certificates settlement. (Non DTC Eligible Status)
18. How many shareholders do you think are actually going to sell with the 10-K coming in days.
This IS an amazing company and in days I am certain the evidence will affirm this once the hearing commences.
YES, I believe you are correct and there should be an NT010-K filed TODAY!
You will have your answers in 13 days!!! Once the 10-K is filed!!
RVPL Resumes Trading on Friday!!! What have we found out?
1. The SEC placed a 10 day trading suspension on the stock
2. The business moves forward without interruption
3. the 10-K is due by August 13
4. Stock commences trading on the Grey's August 2
5. Almost $2 billion in contracts over 10 years
6. a FREE email account allegedly claims nothing.
7. Mr. Peterson is a Director, Center for Climate Change & Environmental Studies
8. Center for Climate Change & Environmental Studies is
An affiliate partner of UNFCCC, UNDESA, UNCTAD, & UNEP
9. ECCO2 Tech (OTCQB: RVPL), is a Subsidiary of RVPlus, Inc
10. Mr. Peterson is President of ECCO2 Corp
11. 5,000,000 of the entire 10,420,000 float is held by Mr. Peterson
12. Recent News: http://tinyurl.com/RVPL-press-update-07222013
13. less than 3 million shares have traded over the past 14 months. Under $500k total
14. There were about 4.3 million shares from original S1 registration in 2010
15. Currently there are 120 mill shares outstanding.
16. Average PPS paid for any and ALL shares is over $0.10
17. All sales subject to physical certificates settlement. (Non DTC Eligible Status)
18. How many shareholders do you think are actually going to sell with the 10-K coming in days.
This IS an amazing company and in days I am certain the evidence will affirm this once the hearing commences.
I was told there will be a Press release following the hearing on August 1 or early August 2 Suspension is lifted and trading resumes.
To my knowledge, and not being able to find ANY documentation to refute otherwise, ALL 1.8+ BILLION dollars in contracts are in full force and effect.
I am pretty sure this issue will be addressed on August 1 while people are under oath.
Less than 36 hours and we could hear/see something in writing or video.
I highly doubt ANYONE will be permitted to make an audio or video recording of the matter between RVPlus/Peterson et all but if so PLEASE post a YouTube link as we are ALL interested in the proceedings as shareholders of RVPL
Well Plaintiff's (Peterson/RVPlus) attorney MUST show.
I believe Defendant must show, with or without an Attorney, to respond to the Claim(s)
Either way we will know in less than 60 hours...
Mr. Peterson, RVPlus, Inc. CEO spoke to press with the following comment to the public:
”The notice of suspension was unfortunate to encounter, especially when the primary focus of the Company is the annual 10-K filing due shortly.
I reached out to SEC on Friday and we had a conference call the same day. We discussed the matters in question with their office and they telephonically told me that they were satisfied with my response at that time. The Company intends to comply with all requests of the Commission and keep them abreast of any additional concerns that may affect RVPlus, its directors, employees, and shareholders.
My anticipation is to have the annual 10-K report filed before the extended deadline of August 13, 2013.
http://www.emediaworld.com/feature/rvplus-ceo-updates-press-current-status-sec.html
@TopWop,
Great job, keep up the good work.
I lit the match, your doing great
Can you please explain what you mean by your statement?
Well come August 1, when the hearing in Scottsdale occurs I believe there will be MANY facts introduced into evidence along with sworn testimony and this board will light up with FACTS, verifiable facts!
I really do appreciate your DD.
The way I am looking at this is LINGS, IVTI and RJPC are connected in some way which has not yet been fully disclosed yet (I expect it will be in accordance with the rules in the 10-K).
My guess is Peterson was putting a deal together to help educate the kids, have IVTI provide the framework for LINGS and RJPC to raise the $ to do the project.
If that is the case, that doesn't lead me to believe Mr. Peterson lies or did anything wrong, simply that he tried to put a deal together and for some reason we don't know it did not consummate. For all we know a new deal was negotiated, Fact of the matter is we will have the answers we seek August 1 (hearing date) and by August 13 (10-K date)
I am holding ALL my shares!!!
RVPL DD - @quikfix, while I appreciate your DD on all of this you need to state the facts.
1. The Liberia Institute for Global Studies (also known as LINGS) was a joint agreement between RVPlus, ECCO2 & LINGS creat a $750 million project to construct the first green campus in West Africa
2. This is where the IVTI deal came into play.
NONE of these entities are governments!
3. None of these have any bearing on the government contracts which I am certain will be fully disclosed/verified in the 10-K on or before August 13
Again, I am waiting for the 10-K AND The hearing on August 1 where I am certain LOTS of information will become public on that day and will be SWORN court testimony.
I believe there will be quite a few "listeners" in that court room taking notes and ordering transcripts of the sworn testimony about RVPlus
I will continue to believe Mr. Peterson until the 10-K is filed on or before August 13.
Your Points:
1. RJPC Group, This is a consulting agreement for RJPC to raise monies/grants for RVPlus. this is NOT one of the contracts included in the almost $2 Billion in contracts.
2. the CEO of IVTI, This appears to be ONLY a transaction/acquisition by RVPlus that obviously did not consummate. Againm this is NOT one of the contracts included in the almost $2 Billion in contracts.
3. and one of the signatories of the government deal in the 8K this was in the form of a FREE email reply? Not going to give that reply much weight.
Lastly, in less than 2 weeks the 10-K has to be filed and I will wait for that.
RVPL Exposed!!!
What have we found out?
1. The SEC placed a 10 day trading suspension on the stock
2. The business moves forward without interruption
3. the 10-K is due by August 13
4. Stock commences trading on the Grey's August 2
5. Almost $2 billion in contracts over 10 years
6. a FREE email account allegedly claims nothing.
7. Mr. Peterson is a Director, Center for Climate Change & Environmental Studies
8. Center for Climate Change & Environmental Studies is
An affiliate partner of UNFCCC, UNDESA, UNCTAD, & UNEP
9. ECCO2 Tech (OTCQB: RVPL), is a Subsidiary of RVPlus, Inc
10. Mr. Peterson is President of ECCO2 Corp
11. 5,000,000 of the entire 10,420,000 float is held by Mr. Peterson
12. Recent News: http://tinyurl.com/RVPL-press-update-07222013
13. less than 3 million shares have traded over the past 14 months. Under $500k total
14. There were about 4.3 million shares from original S1 registration in 2010
15. Currently there are 120 mill shares outstanding.
16. Average PPS paid for any and ALL shares is over $0.10
17. All sales subject to physical certificates settlement. (Non DTC Eligible Status)
18. How many shareholders do you think are actually going to sell with the 10-K coming in days.
This IS an amazing company and in days I am certain the evidence will affirm this once the hearing commences.