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This was only good for a tax write off for the last 3 years. No one could sell
I held this long I will hold and see what happens. I think we will all be shocked
This huge share reduction might be a way to get out of the OTC.
I know we will have way less shares but if they PR something really good it won't matter. We will be trading in the $$ not pennies
Yes. I believe so.
Hopefully they PR something really good
I don't think these guys are doing all these filings to only hit .0022. What do you think they will do with all those .000001's that have been dumped in the last 3 years ?
Outstanding shares, restricted shares and unrestricted shares all get reduced by the ratio of the split. I'm not sure about the Authorized shares.
I believe todays 1.7 billlon dump are shares that cannot trade anymore. They hopefully get cancelled.
I thought the father and son are holding 40 billion restricted shares?
FOMO_CEO. From the discord
@everyone 10K filed yest and 10Q filed today. We have not exited receivership at this time as former salesperson is intervening demanding his Unsecured subsidiary claim be given second lien on receivership and that it be personally guaranteed. Without exit we cannot raise money, without money we cannot agree to exit just to eventually default. So we are at an impasse. This is for informational purposes and not a recommendation to buy or sell $IGOT shares.
555 million on the ask now. Unbelievable
Someone probably wanted a Big Mac combo. Lol. Idiots. That's why some people have money and some people don't. Why would you sell at this point? Just dumb traders
It was only a $30 trade which isn't much but I wonder what happened to the .0001's to .0004's
I will for sure. I'll post it right away
I'll keep an eye out too. I have it on my watch list and I will be notified with any changes right away.
Hi Lime. I'm just wondering why they don't have a verified transfer agent.
They had one verified on April 29th 2024 but they don't have one now
Oct 7th is the extension date. Hopefully, it will be resolved at the merit meeting on August 28th.
1] On April 18, 2022[1], the Administrative Tribunal for Financial Markets (“Tribunal”) issued, ex parte, blocking orders targeting the funds, securities and other property of the respondents and certain defendants and those held for them by the financial institutions in question.
[2] The initial freezing orders were issued as part of an investigation conducted by the Financial Markets Authority (“Authority”) against the respondents. This investigation concerns alleged serious breaches of applicable legislation[2], essentially a market manipulation scheme in which the respondents allegedly participated.
[3] These blocking orders have been extended several times[3].
[4] The Court, on September 28, 2023[4], partially lifted the blocking orders in order to allow the liquidation - at the market price and within 6 months - of six securities held by the respondent Ramy Kamaneh in an account opened with the respondent TD Waterhouse Canada inc. as well as the deposit and conservation of the balance of these cash transactions in this account, all under close supervision by the Authority.
[5] The Authority presented to the Tribunal a request, dated October 5, 2023, aimed at extending the blocking orders currently in force in this case, for a period of 12 months. The Authority alleges that the investigation in the present case is still ongoing and that the reasons which justified the initial blocking orders still exist.
[6] During the pro forma hearing held on October 26, 2023, the respondents' lawyers informed the Court that they intended to contest this request for extension of the blocking orders presented by the Authority. A preparatory conference followed, on November 29, 2023, during which the Court set January 22, 2024 as the date of the hearing during which it will hear, on its merits, this request from the Authority.
[7] As the blocking orders in force in this case expired on November 8, 2023 and, moreover, the Court needs time to render a written decision following the hearing aimed at allowing it to to hear, on its merits, the request for extension presented by the Authority, the Court then decided - in order to continue to protect the public interest - to extend these blocking orders on an interim basis until February 8, 2024.
[8] Subsequently, on January 22, 2024 as planned, the Court heard on the merits the above-mentioned request for an extension from the Authority.
[9] After having taken note of the evidence and the arguments then presented to it by the parties' lawyers with regard to this request, the Court decides, in the public interest and as precautionary measures, to extend the blocking orders currently in force against the respondents and with regard to the third parties until July 7, 2024.
ANALYSIS
[10] For the Court to extend a freezing order, it must determine whether:
(1) the investigation carried out by the Authority with regard to the respondents is still ongoing[5];
(2) the grounds supporting the initial blocking orders still exist[6].
[11] As for the duration of the blocking order, the law provides that it is 12 months, unless the Court decides otherwise[7].
[12] The Authority's lawyer maintains that the initial reasons which justified the issuance of freezing orders in the context of this case still exist and that the Authority's investigation continues.
[13] He pleads for the Court to extend the blocking orders currently in force in this case until November 8, 2024.
[14] The respondents' lawyers do not dispute that the aforementioned initial reasons still exist or that the Authority's investigation is continuing. However, they plead for the blocking orders in force in this case to only be extended for a period of 60 days after their current expiry of February 8, 2024.
[15] During the hearing, a principal investigator from the Authority assigned to this case testified and essentially informed the Court that the entire investigation report and the documentation collected as evidence by the investigators is in possession of the Authority's litigation since October 2023.
16] The litigation must ultimately submit to the Authority's decision-makers a recommendation regarding the future legal progress of this case. Before doing so, the dispute could, however, request one or more additional investigations from the investigators.
[17] The Court recalls that the blocking orders it issued in the context of this case are precautionary measures which aim to prevent the potential squandering of significant sums of money which could have been illicitly collected by the respondents following apparent serious breaches of sections 195.2 and 199.1 of the Securities Act as well as following apparent acts contrary to the public interest, which risk causing irreparable harm to the integrity of financial markets and the investing public, while affecting investor confidence in these markets.
[18] The Court takes note of the fact that the investigation report as well as all the documentation collected as evidence by the investigators have been in the hands of the Authority's litigation since October 2023, i.e. since approximately three months.
[19] The Court also takes note of the fact that no decision as to the follow-up to be given to the aforementioned investigation report has yet been taken by the litigation.
[20] Thus, in the current state of affairs, it remains possible that the investigation report, accompanied by all the evidence collected to date by the investigators, results in a decision by the regulator not to initiate any additional legal proceedings whatsoever against the respondents.
[21] It is also within the realm of possibility that a decision is taken by the Authority's litigation to ask the investigators for one or more additional information and that, subsequently, the regulator decides - following a recommendation from its litigation - to initiate legal proceedings of a criminal or administrative nature against the respondents.
[22] For the moment, the Court can only note that the Authority's investigation, in the broad sense, is continuing and, in light of the testimony given by a principal investigator in the file, the Court is of the opinion that this investigation - in the broad sense - will likely evolve significantly over the next six months or so.
[23] Given the broad scope of the freezing orders it issued in the context of this case and the impact that these orders have on the respondent and respondent parties, the Tribunal is of the opinion that It is reasonable - in the circumstances and in the public interest - to extend the blocking orders currently in force in this case until July 7, 2024.
[24] This additional extension period will allow the Authority's litigation department to continue its analysis of the investigation report and the evidence collected by the investigators as well as possibly ask the investigators to collect additional information. This additional period will also allow litigation to potentially present recommendations to the Authority's decision-makers on the follow-up to be given to this case and for them to take, in the public interest, a decision in this regard.
[25] In the opinion of the Tribunal, it is important that freezing orders only continue for a period when they are absolutely necessary in the public interest.
[26] Furthermore, the Court recognizes the particularly complex nature of investigations related to market manipulation schemes, particularly when a multi-jurisdictional component is associated.
[27] After hearing the evidence and the arguments presented to it by the parties' lawyers, the Tribunal is of the opinion that the reasons which justified the issuance of the initial blocking orders in this case still exist and that the investigation, in the broad sense of the term, by the Authority with regard to the respondents is still ongoing.
[28] Consequently, the Court decides that it is in the public interest to extend until July 7, 2024, as a precautionary measure, the blocking orders currently in force in this case.
FOR THESE REASONS, the Administrative Tribunal for Financial Markets, in the public interest and under section 93 of the Financial Sector Regulation Act[8], sections 249 and 250 of the Securities Act and sections 119 and 120 of the Derivatives Act:
EXTENDS the freezing orders it issued on April 18, 2023, as renewed since, until July 7, 2024, in the following manner, unless they are modified or repealed before the expiry of this term :
ORDERS the respondent Ramy Kamaneh and the respondents SDIT inc. and SDÉT inc. not to, directly or indirectly, withdraw or dispose of funds, securities or other property that they have in their possession or funds, securities or other property in the possession of another person who has the deposit, custody or control for Ramy Kamaneh, SDIT inc. and SDÉT inc., notably in the following bank accounts and brokerage accounts:
ORDERS the respondent Ramy Kamaneh and the respondent Doua'a Ismail not to, directly or indirectly, transfer, encumber, alter, destroy and/or alienate the building with the building built on it bearing the civic number [address 1] , Montreal (Île-Bizard), province of Quebec, [...], known and designated as lot number [...] ([...]) of the Cadastre of Quebec, in the registration division of Montreal;
ORDERS the respondent Toronto Dominion Bank inc., having a branch at 3720, boulevard des Sources, in the city of Dollard-des-Ormeaux, province of Quebec, H9B 1Z9, not to dispose of, directly or indirectly, the funds, securities or other property that it has on deposit or of which it has custody or control for the respondent Ramy Kamaneh and the defendants SDIT inc. and SDÉT inc., notably in the following bank accounts:
Hi. I'll have a look for the full transcript. Sorry where did I post Oct 17th?
You're welcome. There's a merit hearing on August 28th. This ordeal could be over then even though the extension is until Oct 7th.
Like I said before learn to trade before you post.
Look what happened in 2020
HQ Global Education acquires Big M Entertainment Pictures
May 04, 2020 5:29 AM ETHQ Global Education Inc. (HQGE) StockHQGEBy: Niloofer Shaikh, SA News Editor
HQ Global Education (OTCPK:HQGE) has acquired Big M Entertainment Pictures, Inc., a California corporation, and it is now a wholly owned subsidiary of HQGE.
### Synopsis of Financial Markets Authority v. Kamaneh Decision (2024 QCTMF 36)
**Background:**
The Autorité des marchés financiers (AMF) pursued legal action against Ramy Kamaneh, Mohamed Kada Mesli, and related entities (SDIT Inc., SDÉT Inc., 7350341 Canada Inc., Auriga ERP Consulting Inc., and several financial institutions).
**Key Details:**
1. **Date and Judge:** Decision dated June 2, 2024, by Administrative Judge Jean-Pierre Cristel.
2. **Initial Orders:** On April 18, 2022, the Tribunal issued ex parte blocking orders against the respondents’ funds, securities, and other assets during an investigation into alleged market manipulation.
3. **Extension Requests:** The AMF requested multiple extensions of these orders due to the ongoing investigation.
4. **Current Extension:** The Tribunal extended the blocking orders until October 7, 2024, to protect the public interest and prevent dissipation of assets.
5. **Pro Forma Hearing:** Held on June 20, 2024, where respondents' lawyers contested the extension, leading to a preparatory conference set for August 16, 2024, and a merit hearing on August 28, 2024.
6. **Orders to Financial Institutions:** Various financial institutions, including TD Waterhouse, RBC, and Scotiabank, were ordered not to dispose of the respondents' assets.
**Conclusion:** The Tribunal upheld the interim extension of blocking orders to ensure continued protection of the public and market integrity during the ongoing investigation.
There's no volume with the Canadians.
You can see that with the daily trades.
That form is from 2012. It was pink current in 2021 ( before May 24th 2021)
So what you're saying is that HQGE will become pink current. Lol.
Well done!
Hi Lo. You can't pump stocks in the EM. No one can buy them!
It benefits no one. Especially the management.
They will become pink current. Watch.
They will file all the necessary financials.
Exactly who are they scamming? There is no volume and minimal trading. No one in the US can buy this in the EM . Tell me who's getting scammed?
Hi Lo. Learn to trade before you post. A Form 10 is needed for SEC reporting !
We are Alternative Reporting!
Lol. Np. I see you're in another stock that I'm in. AHFD. Maybe let me know what you think about it on the AHFD board?
5,701,400 Lime
Drop to where? It's practically at rock bottom lol.
This is from OTC Markets
We are Alternative Reporting Standard
Why companies go into EM
Companies that are not compliant with the requirements for Pink Current or Pink Limited Tiers (i.e., those that have not provided an annual report within past 16 months and/or updated company profile via OTCIQ), including Banks and Bank Holding companies that may otherwise be in good standing with banking regulators
Companies go into the EM because they delinquent on filings. It's not a great thing but once they have a plan of execution they spend money and file.
How can you pump a stock in EM? Only a few can buy it
Their PR in the EM, reducing 291 million shares at the DTC are things good traders can take advantage of at these price levels (if you can buy that is)
This will get out of EM and your posts will have been a waste of time
This stock is in EM and not a CE stock. Getting out of EM is basic filings and some fees to be paid.
Have you looked at the financials that were previously filed? They are very clean
This was in EM for a while because they had nothing positive to report to the shareholders until now.
There's a few great things happening. This is the right time for them to file and get out of EM.
Buying in trips is a no brainer. If you can that is
HQGE is the one. This one will make people with patience a lot of money
New TA today. Legacy Stock Transfer Inc
🚨 $ICOA ? Expert Market
🔑 AS:10.00B ? OS:6.03B ? US:5.98B
Transfer Agent
🔴 Removed
- Signature Stock Transfer, Inc., 14673 Midway Road - Suite 220, Addison, TX, 75001, https://www.signaturestocktransfer.com, 972-612-4120, Transfer Agent (Good Standing)
🚨 $HQGE ? Expert Market
🔑 AS:10.00B ? OS:7.74B ? US:3.74B
Transfer Agent
🟢 Added
- Legacy Stock Transfer Inc, 16801 Addison Road Suite 247, Addison, TX, 75001, info @louie-4120, http://legacystocktransfer.com, Transfer Agent (Good Standing)
New transfer agent. Legacy Stock Transfer Inc
🚨 $HQGE ? Expert Market
🔑 AS:10.00B ? OS:7.74B ? US:3.74B
Transfer Agent
🔴 Removed
- Signature Stock Transfer, Inc., 14673 Midway Road - Suite 220, Addison, TX, 75001, https://www.signaturestocktransfer.com, 972-612-4120, Transfer Agent (Good Standing)
Why are you saying it won't get out of the EM? Getting out of the EM is simple filings. They have 7.7 billion OS shares but half are restricted. They actually reduced 291 million shares at the DTC. This can easily hit what it hit before. 6 cents. With great PR and plans even higher. iMO
Questrade will let you buy it but you have to buy it as a day order. Not as good until cancel order. I use Questrade
All this news and they are selllng. They should quit trading. Do their bank account a favour
Without idiots we can buy their shares lol.
💸 $SCTH
☠️ Pink Current Information
💰 0.01999
🏛️ AS: 500M • R: 56.54M • UR: 21.53M • DTC: 217.23K • Float: 23.07M
❌ Caveat Emptor Removed
OTCM Profile | Twitter | TradingView
2024-06-10 01:03:05 EDT | @ASE