"I don't care who you feel is complicit in some sort of naked short cover-up, global lock fraud or hide the certificate games. The gauntlet has been thrown down on the company to get caught up on their filings." -- I wish people would do their homework. Deja vu, all over again.
Look familiar?
July 2006
July 12, 2006, Thomas Megas issues a press release updating shareholders of recent actions. Company has completed the filing of its Form 10-KSB for the years 2000-2005 inclusive, as well as its Form 10-QSB for the three months ended March 31, 2006. Having completed these report filings, the Company is finally current in its reporting obligations under applicable federal securities laws.
October 2006
The Company files form 15c-211 with NASDAQ and FINRA (f/k/a NASD) for relisting on the OTCBB exchange.
October 23, 2006 the Company is relisted on the OTCBB exchange.
October 27, 2006 Thomas Megas issues a press release announcing the Company’s successful 15c-211 application.
October 30, 2006 Thomas Megas issues a press release announcing ongoing corporate developments, and the hiring of Legacy Trading, Inc. as the Company’s market maker.
November 2006
November 1, 2006 Thomas Megas issues a press release announcing the Company’s issuance of new cusip number 05968X205 to replace former cusip number 05968X106.
November 7, 2006, the Company is delisted from the OTCBB exchange. Due to regulator “clerical errors” regarding the Company’s cusip numbers, the Company’s stock goes unquoted for four consecutive trading days and in violation of SEC Rule 15c-211, gets delisted from the OTCBB exchange.
November 20, 2006, Thomas Megas issues a press release announcing a mandatory certificate exchange.
And of course the DTC never did release the lock, EVEN THOUGHT THEY SAID THEY WOULD!