Like we have told you - take off the blinders - don't base it on how it reads, base it on the simple facts.
Simple fact, and really, this is the only fact you need to know, if the shares were already canceled and reissued, they would have been on the otc daily list...THEY ARE NOT..the daily list is essential gospel...it isn't a casual thing that they get around updating when they feel like it - it tells it like it is, exactly WHEN it is.
Simple fact, share price says these are dead shares - there ARE smart people that trade pennies too, so do you really believe you 1 or 2 on this board are right, and the other 50 traders are wrong? Jim Bishop is a very smart trader, JJSea as well...we don't have agendas to just bash it down - I know that from seeing their posting style over the years - we are just trying to state the facts as some of us actually like to help others - not all criminals on ihub!
I have ALSO seen occasions were shares were supposed to have been 'changed', or 'canceled', but they were delayed. The MM's don't read filings, they take care of supply and demand and place trades as requested - unless they have the cease trade order, they will continue to do so.
New shares issued to creditors - those will be the ones filing for the otc..they don't have them - yes, the company is now Ethelon, but the shares are still to come...simple
The final point I'll make for the 5TH time - even if you were to keep your shares, they won't magically jump to a higher price premium - if they do, it would involve a reverse split at same value - essentially, you can just wait to buy on open market when the new shares come. WHY oh WHY take the risk of them going poof when you would get NOTHING out of it!?????????????
