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Sorry, I agree with Harry on this issue
Today's one-time BUY of 11k shares at 0.41 is a possible manipulation.
- Large one-time Trade Volume; according to recent history
- Low Cost, according to recent activity
- Both occurring when we are two-(2) weeks away from a Major Ruling
- I doubt anyone is getting $450 cold feet over this investment to dump their 11k shares; but, my portfolio took a ride down the elevator
I regret that I am tied to TD Ameritrade and unable to drop $451 and pick-up 11,000 shares at 0.041 per share. This would move me very close to upgrading my status from a GERS Porpoise to a GERS Whale.
My apologies to everyone (except Harry) for siding with Harry on this one. I believe we have a valid point.
However, I trust KK will do his do his best to act in a fiduciary manner
Slash, Thank you for the Factual Information
Although I haven't dissected its full meaning; the information helps while waiting for August 14th.
Has anyone evaluated the GERS Preferred Share structure?
Has anyone investigated the Class of Preferred Shares as applied to Voting Rights?
It is my understanding that most Preferred Shares do not carry Voting Rights; however, some Preferred Shares do include Voting Rights.
If GERS Preferred do not carry Voting Rights then Common Share holders probably have Voting Rights.
There is also the possibility that Preferred Shares may be Convertible to Common Shares. NOTE: It is possible that the Common Shares are in the Non-Voting Class
My guess is KK has the Preferred Shares and Common Shares structured such that KK & Co. maintain majority Voting Rights.
Voting Rights exist somewhere. Maybe we will find out at the next Corporate Annual Meeting (;-}
I apologize; I must agree with Harry
- Purchasing a small quantity of a penny stock at a higher price will artificially pump-up the stock
- Heck a small uptick in BUY makes an impact on the total value of my portfolio; I'm sure it does the same for GERS Whales
There is an opportunity for manipulation; but, I do not believe KK, insiders, et. al. would participate in that behavior.
My speculation is that there are people who might try to out smart the the Market and BUY additional shares. While there are those who are tired and want to exit the GERS Market. I'm not smart enough to know the difference; I'll sit tight for the time being.
Since I have no desire to leave TD or start a 3rd account; I choose to place my "gambling" cash elsewhere. I'm loosing my shirt on two-(2) others; not including Bitzio. One-(1) of the others has a lot of promise; the other is doing poorly. Heck, I have been loosing on GERS for more than 90% of the time I have been owning common stock.
TD Ameritrade Issue is DEAD
Harry, Stop beating a dead horse. This issue has been put to rest months ago. Let it go.
Please no more about TD Ameritrade not accepting BUY orders for GERS.
Thank you for the clarification.
I was trying to stop the "Huffin' an' Puffin'" for a while. I'm getting ready to leave the room for a while; it is getting quite deep in here.
You are correct. There will be several additional rounds of posturing before any funds are released.
As Hiz Honor Da Mare said:
"The 'Blanks' are not here to stop disorder ... the 'Blanks' are here to preserve disorder"
Fill in the 'Blanks' with 'Attorneys'
Pontificating before August 14th is a time waster.
Just inhale, hold it, and wait. No sense Huffin' an' a Puffin'. No sense worrying about what might occur.
There will be plenty of time to react after Aug. 14th.
SkunK is back ... Great News
Opening Brief is due no later than 40 days from the date of filing of the Order. Order was filed on July 5th; so that makes the deadline no later than August 14th.
Makes no sense to be "a Huffin' an' a Puffin'" regarding Patent Ownership, SEC Filings, or what is in it for the GERS Whales and GERS Porpoises. Maybe the Stock BUY will hit the Strike Price to weed out the GERS Detractors.
The Very Humble Henry; quoting himself. Humble indeed.
If only TD Ameritrade permitted BUY of GERS; it is worth a thou or two, just to get him off the "...hub".
The huffin' and puffin' has lost the entertainment value. Time to leave the room.
Share Price dropped from >$0.5 to ~$0.35 since Increase of Authorized Shares on May 25th
Any comment on the Increase in Authorized Shares?
This may be old news; but, Attis Industries doubled the quantity of Authorized Common Shares from 75,000,000 to 150,000,000. This took place on May 25, 2018.
NOTE: There are 17,786,298 Issued and Outstanding Common Shares
Hopefully the Chairman & CEO, Jeffrey Cosman, will put the shares to good use.
Ho-Hum; I'm waiting for final judgment.
I wish Ameritrade would allow me to purchase GERS. I would like to match today's BUY of 17,000 Shares for $102 + Commission.
It does seem like a couple of people are trying to keep the share price in a small range below $0.10. That is the only explanation for the low volume and low cost. The low price makes the Total Cost low; sometimes at a loss, for the many who bought in at the $0.07 range.
I'm in for the long haul; like the GERS Whales. Even though I am at the self-proclaimed Rank as a GERS Porpoise with:
- Slightly Less Than 500,000 Shares
- Slightly Greater Than $0.02 per Share Cost
- Slightly Less Than Five-(5) Years
Also, I'm frozen out of new purchases with my TD Ameritrade Account. No point changing to E*Trade or Schwab; my shares are in Retirement Accounts.
Hang in there; just a matter of time. Keep an eye on ATIS.
Joby, Thank you the update and effort to initiate the change to ATIS.
Great to see you as a Moderator
Joby, I would appreciate a deep dive into ATIS. When I looked at MRDN a few months ago; I noticed several unrelated companies within MRDN. The primary company appeared to be Meridian Waste; which was recently sold. I believe the proceeds from the sale of Meridian were used to fund Attis.
Please correct me if I am incorrect.
I have been on the MRDN site for a few months.
Have not found an ATTIS / ATIS site.
Thank you for the correction.
Too bad that his mother does not own stock; or his wife. If either did then I know the common share holders would not get screwed. (;-}
I believe KK is getting his paperwork in order. I trust he has been following the advise of C&C by not filing and not releasing information.
Looks like GERS is "sending" its Intellectual Property to Attis. This looks like a method for taking their Patents and moving on to bigger and better things.
I would like to think that GERS will receive a substantial settlement that may include cash, future royalties, and bankrupt processing facilities for their Ethanol & Bio Diesel Processes.
My dream is to see this as a Cash Cow. Sell the bankrupt facilities, pay dividends on royalties, and distribute the cash. Otherwise, it is a good opportunity to sell all of GERS to Investment Bankers who handle all the cash and goods. Selling GERS should yield some nice Capital Gains for the GERS Whales as well as GERS Porpoise [like me]. It would be nice if KK's mother is a GERS Whale!!
I believe the Attorney Fees have been established. I understand there is a Ruling that caps the percentage to the Attorneys.
I regards to a distribution of funds to Common Shareholders: I go back a few months of emails that mention a Fiduciary Responsibility of Corporate Management to Shareholders.
Cases sited include:
- Dodge Brothers v. Ford Motor Company (early 1900's) that Ruled in favor of the Dodge Brothers
- Some Guy v. Chicago Cubs [Wm. Wrigley Co.] that Ruled in favor of the Chicago Cubs
I trust KK to end litigation and move on; doesn't open up new court battles by screwing Common Share Holders.
My hope is that KK's mother owns Common Shares and he acts accordingly.
Exactly, I learned my AON (All Or Nothing) when I paid $7.00 for one-(1) share of GERS @ $0.0002.
Cheap lesson; but, I learned.
I do agree that the real idiot is the person who sold the forty-(40) shares. I trust she was ecstatic with her $2.00 less commission. -OR- maybe she took some extasy for the euphoria.
Darn, I guess that I am a porpoise.
Slightly below 500,000 shares with a PPS slightly below $0.04.
- If I had something other than Ameritrade; then the share count would surpass the 500.000 shares
- My "true" PPS is $0.04; I still figure in my "True Cost" that includes my cost for the 10,000,000 shares purchased three-(3) 100 : 1 splits ago. Somehow, I was paid $0.01 for the 10 shares remaining after a split; then there was an new base line cost.
Harry: no need to explain what happened above; the cash is gone and the loss is figured in my personal calculations.
Holding out for the Ruling and Settlement (??)
Great to see the dialogue is productive.
Anyone have information regarding the connection between ATIS and GERS? This is getting interesting.
The "conversation in the room" has returned to positive. Good to see that Nobody, Joly, Harry, Dutch, and myself are: "playing nice in the same sandbox"
nobody, you mentioned something about GERSwhalers; how many shares are required to become a GERSwhale? I may have enough shares to qualify as a GERSporpoise (a small whale).
Thank you for the clarification; much appreciated.
Thank you for the clarification. I must have missed the previous post that cleared this.
There was a lot of traffic in this site regarding GERS / Generex / ATIS [MRDN], et.al. regarding the purpose of BTZO.
There are some threads between the companies and employees.
Some believe, as I do; that the "Bit" in Bitzio translates into Bit Coin / Cryptocurrency.
Just another Conspiracy Theory. (;-}
Is GERS related BTZO Cryptocurrency a FRAUD?
Front page article in Wall Street Journal (WSJ) on Friday, May 18th addressed a problem with Cryptocurrency Firms raising money; "Show Hallmarks of Fraud"
WSJ: " In review of documents produced for 1,450 digital coin offerings, WSJ [sic] has found 271 with red flags ..." I believe that non-existent addresses is an issue; among others.
SEC has issued warnings to investors.
Article was written by Shane Shifflett and Coulter Jones of the WSJ.
No time on my end to pursue. Can others lokk into this as it relates to BTZO / ATIS / GERS?
Is ATIS Cryptocurrency a FRAUD; WSJ Friday article
Front page article in Wall Street Journal (WSJ) on Friday, May 18th addressed a problem with Cryptocurrency Firms raising money; "Show Hallmarks of Fraud"
WSJ: " In review of documents produced for 1,450 digital coin offerings, WSJ [sic] has found 271 with red flags ..." I believe that non-existent addresses is an issue; among others.
SEC has issued warnings to investors.
Article was written by Shane Shifflett and Coulter Jones of the WSJ.
No time on my end to pursue. Can others look into this as it relates to BTZO / ATIS / GERS?
Is BTZO Cryptocurrency a FRAUD; WSJ Friday article
Front page article in Wall Street Journal (WSJ) on Friday, May 18th addressed a problem with Cryptocurrency Firms raising money; "Show Hallmarks of Fraud"
WSJ: " In review of documents produced for 1,450 digital coin offerings, WSJ [sic] has found 271 with red flags ..." I believe that non-existent addresses is an issue; among others.
SEC has issued warnings to investors.
Article was written by Shane Shifflett and Coulter Jones of the WSJ.
No time on my end to pursue. Can others lok into this as it relates to BTZO / ATIS / GERS?
TD Ameritrade has never permitted a BUY for GERS; other than through their Broker, so I have been told. I have been told you can SELL directly on Ameritrade.
Since the hard switch of Scottrade to Ameritrade; there have been numerous posts regarding trading GERS on TD Ameritrade.
The numerous posts have mentioned two-(2) companies that permit direct BUY or SELL. I believe they are: E*Trade and Schwab (I could be wrong).
Trades have been executed; see the activity today. I have not executed a BUY or a SELL since my Scottrade account became a TD Ameritrade account
Any news on the GERS / BTZO / ATIS trifecta?
The recent stock issue might shed some light on possible combining of the companies.
Any speculation regarding GERS-BTZO-ATIS trifecta?
Slashnuts usually has some insight; where are you, Slash?
Good points, Harry.
I have been watching stock price and message board for:
- BTZO
- ATIS
BTZO: I see no activity and all messages pertain to GERS
ATIS: Over the past 2 months or so; stock price has been bouncing between low-$0.70's to all-time low in the upper-0.40's. This range is down significantly for the company (MRDN)
I am unaware of any other GERS connected stocks
EXCEPT:
I have not been following the defendants. I believe Dutch has kept an eye on a couple of the defendants.
Can anyone comment on the "connected" parties to this law suit?
My pleasure. Great getting posts back to normal. (;-}
The 1,000,000 Buy and 1,000,000 Sell were there before the Market opened. I do not recall the Time Stamp.
Again, I am a novice.
Is this possible? Bid is 1,000,000 shares @ 0.05 / Ask is 1,000,000 shares @ 0.076
Isn't 1,000,000 shares equal to 5% of 20 Million? Is a Filing in order to transfer 5% of a company's stock?
I am a novice when it comes to this
Is the partnership with Attis heating up?
MRDN changed their Stock Symbol to: ATIS.
Meridian Waste sold off their Waste Disposal Company for cash and debt; now there is focus on GERS Lignin Technology.
Any merger coming with GERS, Generex, and Attis? Will Attis divest themselves of their other companies?
Heck, I'll just wait for the KK announcement (;-}
My MRDN Symbol has changed to ATIS.
I am fine with the change; but, what does it mean? Are there any plans for the other companies that are bundled within MRDN?
I am clueless; please advise.
Thank you for the advice regarding transferring a Roth IRA to a Roth IRA.
For now, I'll keep Ameritrade; even though I don't like the fact that I am unable to Buy GERS. I have enough money tied up in GERS. Waiting for the payoff; then it will become real cash, maybe some dividends. (;-}
ballot123,
Thank you for the clarification regarding IRAs.
Strategy was to "shift" all GERS to Roth:
- Deposit Cash into Roth
- Sell comparable amount of GERS from Traditional IRA
- Use Cash to purchase GERS
However; Ameritrade took care of that idea.
Not in a position to withdraw from IRAs for a couple of years. Any and all constructive advice is appreciated. I don't mind paying taxes on profit; however, minimizing taxes is an objective.
Looking for GERS to take off in time for me to retire.
Ed U.
Harry's Genius remarkable. No kidding, shares in an IRA Account are not taxable until withdrawal.
I made absolutely no mention of Taxes or IRA Withdrawal.
Log this into your Investing Genius File:
- I am near retirement so I am positioning my IRA
- I established a Roth IRA because the Roth IRA must be active for five-(5) years before withdrawal
- I am transitioning my speculative stocks from my Traditional IRA (Sell) while depositing Cash into my Roth IRA. I use the Cash, in the Roth, to Buy a proportional amount of speculative stocks into my Roth
- When Tax Time comes: All Capital Gains in the Roth are Non-Taxable; but, Capital Gains are Taxable upon withdrawal from the Traditional IRA
Consequently:
- Stocks in Traditional IRA pay a Dividend; hence, withdraw dividends and limit selling stocks to avoid Capital Gains
- Stocks in Roth IRA are not subject to Capital Gains Tax