Other D stocks went up thousands of percent this past week!!! For similar reasons as this one should!!! Anyways, Read this it was posted by MONEYMADE!!! For the most part I agree with most of this info!!! This stock will explode!!! IMO
PS GRBG went up 300% today <intresting if nothing else>
M0NEYMADE Share Saturday, December 11, 2010 11:53:54 AM Re: VZ³ post# 8878 Post # of 13745
DUE DILIGENCE: SUMMARY
1. THE 100/1 POST REVERSE SPLIT SHARES ARE 40M OUTSTANDING (4B ORIGINAL OS /100)
2. WE'VE TRADED OVER 600M SHARES THIS PAST WEEK ALONE!
4. THE NEVADA SOS WAS CALLED YESTERDAY, THE SECRETARY OF STATES OFFICE SAID, 'IN NO UNCERTAIN TERMS THAT IT IS ILLEGAL TO NOT FILE A NEW AMENDMENT WITH ANY REVERSE SPLIT CHANGE MADE TO THE COMPANY'S SHARE STRUCTURE. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57640335 WELL GUESS WHAT...WHEN THE REVERSE WAS IMPLEMENTED THE OUTSTANDING AS WAS REDUCED 100-1 WHY IS THIS FILING IMPORTANT TO THE STATE OF NEVADA...BECAUSE IT COLLECTS TAXES. SHOW ME ONE COMPANY THAT YOU KNOW OF IN THE STATE OF NEVADA THAT HAS EFFECTED A REVERSE SPLIT AND A NEW AMENDMENT IS NOT ATTACHED!
"Fees are based on the value of the total number of authorized shares stated in the Articles of Incorporation as prescribed by NRS 78.760:"
5. AS FOR ETRADE RESTRICTING SELLS.... http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57633942 IT'S BECAUSE THEY HAVE NOT RECEIVED PAPER SHARES FOR THE CONVERSION. SOME SMART PERSON AT ETRADE FINALLY SAID HEY WAIT A MINUTE....DON'T LET ANY SHARES OF SSPTD OUT OF THIS DEPOSITORY WITHOUT REVIEW. WE DON'T HAVE THE SHARES...WE DON'T WANT A REPEAT PAIM SITUATION WHERE BROKERS HAVE TO COVER SHORT SHARES THAT WERE SOLD INTO THE MARKET THAT WEREN'T SUPPOSED TO BE SOLD.