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Shouldn't it show up on the Daily list tomorrow and take effect Wednesday?
It's going to be on Wednesday, the 25th.
Otherwise we'd see it here.
http://otce.finra.org/DLSymbolNameChanges
The shorts gave me an opportunity to buy a few more at a decent price. Waiting for consolidated financials going forward. Once they release just the $2.2B factory details, the PPS will jump.
Has anyone reached out to Richard to see if the company plans on releasing consolidated financials shortly after the new ticker? Hoping so, but I'm assuming we'll need to wait until Q3 earnings.
The ticker change just confirms it's the real deal. The other unanswered questions will come to light as the consolidated financials come out. Q3 earnings will be interesting! Definitely hold if I were you.
Glad I sold off my AZFL funds for more of this last week. Already doubled my investment on that portion. haha
Now the consolidated financials and news should start hitting shortly after this ticker change happens on Wednesday. Exciting times, indeed!
Oh, I mean err...wasn't SEC supposed to shut this down? :P
There's a few reasons for FIRNA delays. There was a lawsuit that occurred 17 years ago that caused a delay, and there was something such as some banking statements that were located with a bank that underwent a merger with another bank and finding those documents as requested by FINRA cost some time and money.
All of that said,
I see no dilution.
I see no pumping by the company (ie: PRs, Social Media tweets, etc.)
Richard has provided updates sharing information via calls/email that he is allowed to since the PR has been posted in April.
There has been a shareholder letter sent in late August that provided information confirming tat FINRA has been the cause of the delay.
They provided audited financial results from 2013 as requested by FINRA.
They have stayed current during the entire ordeal.
They are in an active lawsuit to retire 54M shares.
Why would a scam bother with a lawsuit or spending all of this money and time to continue pumping a stock that has supposedly already been pumped and dumped?
The company was very eager with proof, providing drone footage of what they claim was theirs. All of the sudden it's been basically 3 weeks since the harvest was supposed to begin and there has been no pictures, videos, or hardly even posts.
All while on the 12th, they doubled their A/S which will allow them to dilute their shares further. Maybe you can ask their IR why the need to add more A/S when they're about to be bringing in a lot of money via the harvest?
Just added more to my collection.
Someone sold early since they thought it was all fake. Guess they learned their lesson. The thing is, there's still time to add before this jumps.
I like how AZFL's IR states "with all due respect, we are not diluting the stock!" but then they double their A/S a few days late...lol. I guess they weren't diluting as of that email, but now they will be.
Very bad investment imo. I was eager for the company since they could not dilute anymore shares (given their history), but now that they've doubled A/S to 6B, you can pretty much expect them to continue dilution and bank your cash. Just a heads up.
I believe in the company. They communicated FINRA delays in the shareholder letter which was late August. The fact that Richard is not commenting on FINRA imo shows it's a good sign. Quiet periods are good!
It's interesting that he was giving out details before. My guess is legal does not want to get in trouble. FINRA updates can be a huge catalyst for this stock and sharing information not made public could potentially be considered insider trading.
Well now it's obviously apparent that the company plans to dilute more in a Pump n Dump scheme. It is very shady business. I am selling before it hits triple 0s again.
Thanks for that. I'm selling tomorrow morning at open.
Where are you seeing this?
http://www.otcmarkets.com/stock/AZFL/profile
Show A/S at 3B.
Last I checked with Richards was two days ago. Has anyone checked with Richard since to see if FINRA has any additional comments?
Thanks for sharing. Re-enforces my confidence with the stock again.
Pacer updates. Looks like DOLV is fighting back?
I agree with your post, and I'm a long. It does bring forth some doubt.
I think he's used this form of wording since I've been emailing him each month or so. In other words, he's only allowed to say FINRA's demands so far have been met, but he is unsure if they will request more or not.
Richard just answered my email.
I asked about the FINRA status of the latest comments. Looks like we should still be good.
That's a good question, one to be directed at the other guy. I was just jumping in stating free trades do exist. haha
No one said unlimited free trades. They only mentioned free trades.
I know there are quite a few that'll give you X amount of free trades upon switching to them. I believe Wells Fargo had that option if your account is large enough.
I personally use E-Trade though. Basic commission per trade.
Sent Richard an email today to see if FINRA has requested any additional documents. I'll let you know what he says.
Who is it? The automotive company from 2 years ago? This would be great to compare.
Interesting. Can someone post the L2 for DOLV?
It's not the information itself, it's that you said FINRA told you what they are working on with the ticker news. We all know FINRA won't share confidential information about that.
Keith was let go in the last few minutes. The calls were recorded and all reps were told to pretend he didn't exist. HAHA
People buying on news, and people securing their profits from the previous few days.
Isn't this essentially fraud? They promised revenue numbers after the harvest in a PR.
Whew, almost up 100% since last Friday.
So how long does a hemp harvest of 100 acres usually take? I haven't checked twitter or facebook, but are they actually posting progress? They seemed to be quite energetic prior to the harvest.
How on earth can you imagine that doing the opposite of what a scam does (staying quiet) makes it a scam?
I wouldn't consider any blogspot site to be worth reading for stock advice.
Everyone here is speaking on behalf of FINRA. Why don't we admit we don't know 100% what's going on? We have access to updates via Richard Ovarec. He is our only source for additional information (and he will share what he's allowed to). I think the suggestion that this company does not exist is baloney.