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P.S. from the quick DD I did I found that they call call the company that took the OZON ticker the "AMAZON Of Russia". Again....how did they take our ticker with no reverse merger?
I am interested in what happened here....how did this huge Russian company obtain the OZON ticker ( with a soon after IPO) and our ticker changed to CYPS? I have 100k shares of this that I did'nt even know about LOL and I decided to check up on it today. There was no reverse merger, right? So how screwy is this? Any idea as to what happened here Garyst?
Hmm.....the heck you say. I know the basics of stock warrants but there would probably still be a bit of a learning curve for me.....i'm doing some reading on it.
It really does! (feel like communism) we will see what happens....but I have a bad feeling the days of custodianship plays/reverse mergers may be coming to an end. Do you trade warrants? How has that gone for you?
Most likely in Sept when these rules take effect, I will quit trading the OTC. They have wanted to kill it for a long time.....now they are doing it. As an OTC investor specializing mainly in reverse mergers/custodianships....this rule KILLS those plays. Nothing will replace them in terms of percentage gains. Much like those that short these stocks...as an OTC investor I never look for stocks to marry, or be invested in long term. Most times, you lose your a$$ when you do that. Farewell penny stocks.
Some are saying that these changes will make the OTC market better. I still do not see how.....especially for those of us that have made so much money off of reinstatements/ reverse mergers/custodianships. Those have been the most profitable plays for me. This rule/amendment effectively kills that market. It sucks.
I just took a position.....on Synergy's motion to discharge. Looks like we are getting close.
It seems as if the new President listed, Clifford Redekop has experience in http://www.costasinc.com/board.html#:~:text=Clifford%20Redekop%2D%20CEO%20%26%20President&text=Since%202012%2C%20Mr.,University%20in%20St%20Catharines%2C%20Ontario. executing reverse mergers, helping companies expand and raise capital. So....could be a custodian like situation and most likely Redekop already has a company in mind. We'll see....
It seems as if the new President listed, Clifford Redekop has experience in http://www.costasinc.com/board.html#:~:text=Clifford%20Redekop%2D%20CEO%20%26%20President&text=Since%202012%2C%20Mr.,University%20in%20St%20Catharines%2C%20Ontario. executing reverse mergers, helping companies expand and raise capital. So....could be a custodian like situation and most likely Redekop already has a company in mind. We'll see....
Clifford Redekop http://www.costasinc.com/board.html#:~:text=Clifford%20Redekop%2D%20CEO%20%26%20President&text=Since%202012%2C%20Mr.,University%20in%20St%20Catharines%2C%20Ontario. is listed as new President of company. Impressive background.
GHRI has the potential for a nice run....
No news or chatter....but alot of action on it picked up some as a lotto. Are you still in this one?
With new company officers....
It was reinstated yesterday....
What is up with this one Z? Something seems to be going on.....
What did you want me to check?
I have noticed steady buying (heavy buying at times) over the past few months, where alot of $$$ has gone into WIFT. More action then I normally see in a stock trading on the expert market that has nothing happening. This could be a sign that this could be revived in the near future, by a shell custodian perhaps. Before the company folded.....they were making settlements on alot of the debt they owed with creditors. Whatever debt they may have still had left after settling with creditors back at that time, has likely passed the statute of limitations. Also, I'd be willing to bet that the O/S here is super low considering they executed a 1/1000 reverse split just before they were suspended. Last O/S listed on otcmarkets was 17k shares. Obviously, O/S is not that low but I would still be willing to bet it has a tiny share structure. I have bought a few hundred k shares here as a lotto. I have seen stocks like this come back to life (grey to pink). They can surprise you.
Nice.....
I think we'll see something at some point, especially with the volume/buying we had here a while back. I am still holding.
Bridgeview Capital.....
It seems as if the company has had impressive growth over the past couple of years. Great potential. I have been in this one for quite a while....just based on Lazar's holdings. Obviously, he saw something here with this company.
MOCI Reinstated today......should see some nice PPS action.
I picked up a small position....based on share structure alone. Small Cap Compliance seems to have mixed reviews. With a decent R/M could see a good run.
FSTF Reinstated formerly a bank holding company with last known O/S of just over 5 milly. This one is very interesting. Could be a great play.
FSTF Reinstatement formerly a bank holding company. Last known O/S just over 5 milly. Very interesting. Could be a great play.
NHLE Custodianship Terminated. https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=NafaRt2AuCRpFVMNb98Lhg2&tabIndex=3 30 million O/S with a 10 milly float. Merger coming.
NHLE Custodianship Terminated https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=NafaRt2AuCRpFVMNb98Lhg2&tabIndex=3 30 million O/S.....with a 10 milly float. Merger coming.....
It is the last step in a shell custodianship. When the shell custodian has found a reverse merger candidate....their work is done, so they motion to terminate the custodianship and the new buyer (the merge-in company) takes over. This is a good thing. It means that a reverse merger announcement 8K is near and you will soon see a run. GLTY.
Anytime.....I think all of you will do really well.
So....for those of you that were fortunate enough to but a position here, it looks like you are close to a reverse merger after that court date.....GLTY.
https://www.clarkcountycourts.us/Portal/Case/CaseDetail?eid=snG1SN4Ua53HjlQtOHys7g2&tabIndex=3 the court date is scheduled for 5/3/21 motion to terminate custodianship. Scroll down it will be last item.
I am thinking the latter....
Ameritrade contacted me to tell me the reason they are not allowing orders on DIEN is due to a DTC chill restriction.
Yet there are some stocks that I have heard Fidelity will not buy, also....I guess it depends on what stocks a brokerage is short on at any particular time. They all need to be sued to kingdom come.
Were you actually able to buy this through Etrade? I may have to set up a few brokerage accounts (maybe with Schwab) just to get the stocks I want to buy. It is ridiculous.
Well, even before the Holiday...this was one of the ones TDA won't let me buy (along with several others). Order comes back as rejected. They are probably short on this. DIEN is pink current and under custodianship. No legal reason to reject orders on it otherwise.
DIEN Motion to terminate custodianship filed today. This is the last step before reverse merger happens. Once again..... Ameritrade will not let me buy this. Really at my wits end with these guys at TDA.