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Is anyone familiar with new SEC Rule 15c2-11 restrictions?
TDA is restricting about 5K OTC stocks (link in my other post) effective mid-Aug. It says that it would not allow anything other than liquidation trades for any companies not providing current info to investors.
Since its SEC, wouldn't just be TDA.
Sounds like the new requirements will eliminate all of these ground floor Custodian plays before becoming pink current and provide current information to investors.
If so, very frustrating since I am sold on any Moody/Denunzio custodianships. The earlier, the better obviously.
It was almost back to break even for today.
Insane volume coming up on 5M in the first hour. But clawing it's way back up now. We'll see where we're at at the end of the day. People are definitely going to regret selling.
Agreed
TDA Letter SEC Rule 15c2-11 Restricted Securities
Just came across a reference to a letter sent out by TDAmeritrade about stocks that will be restricted to liquidation only, no new purchases starting mid-Aug.
TDA Letter
The new requirements are the OTC issuers would make “current information” available to prospective investors. Issuers are reminded that the deadline for compliance is just around the corner.
Sounds like the new requirements will eliminate all of these ground floor Custodian plays before becoming pink current and provide current information to investors.
Anyone have any further knowledge on this or had any insight from Moody/Denunzio or other OTC Custodians?
Definitely not what I wanted to find out. I just opened an account at TDA specifically buy these custodian plays. But since its SEC rule, should be across the board... Thanks
Perfect, thanks for the info!
Online Brokers for Custodianships - I had shares held in SENY for many years in my Schwab account before it came back to life. I can't buy more due to my employers 401K restrictions on OTC Stocks.
Are there any restrictions in other online Brokers such as TD Ameritrade for OTC stocks that are inactive? I am considering cashing out some of my Sauer stock once it has played out and put in another Online Broker for future Moody/DeNunzio Custodian plays.
Seems like it would be worth paying taxes/penalties to have money to invest in future custodianships.
Are there any recommendations for Online Brokers that are least restrictive for these inactive OTC stocks that are granted custodianship with Moody/DeNunzio?
I appreciate any info!!
Thanks
Exactly!
1.4M Shares at .0777 ask. Somebody is going to kicking themselves once they see what they missed when this plays out!!
You are absolutely right. Point taken
You can see the turbine on their Facebook Page. That is still up even though their website is down.
https://www.facebook.com/sauer.energy/
Makes sense, thanks!
By Control Block you mean they control 250M of total authorized 500M shares?
The way I read it from their update, the 250M shares issued to CRS Consulting is essentially payment for their services. Is that correct?
On or about February 12, 2021, 250,000,000 shares of common stock and 1,000,000 shares of Series A Preferred Stock were issued to CRS Consulting, LLC for services rendered to the Company. CRS Consulting, LLC is owned and controlled by Jeffrey DeNunzio.
Moving right along!
EXACTLY!!!
Absolutely smooth since Moody/DeNunzio were granted custodianship!! That's why I say this would be the absolute worst time to sell!
When I say long and painful, I'm talking about the years before that where I have seen $SENY fall on its face right after going into production. I've been holding these shares for many years on the off chance something like this might happen.
Until I started seeing life again as I noticed consistent volume as the shares were being picked up due to Moody/DeNunzio custonianship, I had no knowledge of Custodianships. But figured maybe somebody might buy the Company and re-start production. They had a 300 unit order in Canada that they weren't able to meet since they ran out of money.
This has been a long and painful process for me as well. If you haven't already, look into Moody/DeNunzio past custodianships. There is a solid chance of extraordinary returns on this one. This is their new website if you haven't seen it:
https://www.corporaterevivalservices.com/
There is always risk. But unless it completely falls apart, you'll be kicking yourself on this one if you sell early.
From their website: On February 1, 2021 Jeffrey DeNunzio reinstated the Company utilizing personal funds. Custodian, Jeffrey DeNunzio, now seeks to discover any past due fees owed to the last known transfer agent, and to the best of his ability, settle any past due fees with the transfer agent.
https://www.corporaterevivalservices.com/status-updates
I am an existing shareholder in Sauer Energy and new Member. I noticed in November when there started to see some volume and ongoing accumulation on the stock. I knew something was happening since prior to that it was completely DEAD.
After a while I came across iHub and found out about the Moody/DeNunzio Custodianship that was in the courts. After doing further research, I found out more info on the Custodianship process and the solid track record for Moody/DeNunzio. I will definitely be keeping tabs on their current and future Custodianships.
Sauer Energy was already in manufacturing with all approvals and a 300 unit order in place in Canada. They had just moved to a larger facility for manufacturing and seemed to be on their way, but apparently funds ran dry and they did a faceplant. Their website is down, but their Facebook Page is still up. You can see exactly where they were at. https://www.facebook.com/sauer.energy/
I held on to all of my shares on the off chance of somebody purchasing the company for their assets and IP.
I am currently getting close to break even on my shares, which I never thought I would see in a million years! Even better is the chance now of it getting turned around and having significant returns. It is great to see returns on previous Moody/DeNunzio Custodianships.
I also found out a lot of info on their new website which I learned about on this SENY thread. https://www.corporaterevivalservices.com
That was extremely helpful. Also following the Moody/DeNunzio Custodian Shell Group for future opportunities. I appreciate all the info posted on iHub.. it has been a huge help.
I am an existing shareholder in Sauer Energy and new Member. I noticed in November when there started to see some volume and ongoing accumulation on the stock. I knew something was happening since prior to that it was completely DEAD.
After a while I came across iHub and found out about the Moody/DeNunzio Custodianship that was in the courts. After doing further research, I found out more info on the Custodianship process and the solid track record for Moody/DeNunzio. I will definitely be keeping tabs on their current and future Custodianships.
Sauer Energy was already in manufacturing with all approvals and a 300 unit order in place in Canada. They had just moved to a larger facility for manufacturing and seemed to be on their way, but apparently funds ran dry and they did a faceplant, Their website is down, but their Facebook Page is still up. You can see exactly where they were at. https://www.facebook.com/sauer.energy/
I held on to all of my shares on the off chance of somebody purchasing their assets and IP. I am currently getting close to break even on my shares, which I never thought I would see in a million years! Even better is the chance now of it getting turned around and having significant returns!! It is great to see returns on previous Moody/DeNunzio Custodianships.
I also found out a lot of info on their new website which I learned about on iHub.
https://www.corporaterevivalservices.com
That was extremely helpful. Also following this Moody/DeNunzio Custodian Shell Group for future opportunities.