Monday, July 27, 2020 6:05:28 PM
and yes. That Market Fail was settled in part. One could make the assumption the market had to find someone big enough to absorb the Fail even with government assistance.
There was one caveat: Someone made the Margin Deposit on 9 Million cert shares for 9 million dollars. That means there is a 90 Million dollar outstanding liability. I think the liability is much higher than that. But anything over 9 million is on the Market.
Who made that deposit ?
In some corner's it would be considered a gambling loss and debt, in other's and investment.
Fyi: That acquisition wasn't complete until April 1 2017. Once complete I had to sign a money Market agreement with Ally. You are correct, 2016 would be the completion time of the Zecco/Tradeking merger. Must still not have been big enough pockets. Ally then started the acquisition as Brexit negotiations started. Then delay delay and delay. Looked ready to go in April of 2019. Then Brexit delays. July 2019 Ally released divvy's at .17. 3.51 Billion Blue Bull Venture @.0001 / 1711.156 = .17. More delays. Finally January 31 2020 Brexit started.
Somewhere in that time frame my primary started looking for a OCTBB with aspirations for the OTCQX.
So you have a lot of pusher's. The bigger one is Ally being a Bank Dodd Frank kicks in, after 2 years...You have already burned 13 Months of 24. The Price of all associated stocks has to be at $2 or above to meet Dodd/Frank regulations and or be cleared from the Bank.
Regardless of that...ask yourself a really serious question. Why would I show up here at TLSS ?
I'm a Crazy Scots-Irishman Blue Blood... It's probably not a good idea to listen to me...every thing I say is of my opinion. I'm not a good place to get investment advise...
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