I have been bouncing around the threads here. This penson rule is causing numerous subs to RS. They are being threatened to comply or get shut down.
Why would we want to wake up tomorrow and find no bid and no ask?
It seems they had no option. But if you want us to email everyone and say that no bid and no ask is better, lets do it.
Ill email Alex 100 times a day saying no bid and no ask is better than not complying with the penson rule.
info@mxxh.net
or 631-759-0653
Im on it. Ill tell Alex I want .0000 by .0000 tomorrow.
Who wants to write the letter and lets all just copy and paste it in a mass email
Dear Alex,
I as a shareholder do not want our shares to comply with the new rule. I personally want our stock to be no bid asap. Please do not comply, do not do the reverse as the reverse split will only hurt shareholders. As per my request because I would rather not comply with rules or laws, would prefer to cause the stock to become no bid effective immediately as per the violation.
Thanks you,
Integral.
Yah, thats going to go over really well.
Right now Im dealing with a convertible debenture on another stock. Im not thrilled, but this is a benign situation compared to constant converted shares being dumped on AAVG. At least Catherine did not do a convertible. She could have. And she could have issued 500 million shares, sold them and then done the RS.
I completely disagree that there is motive here except to comply.
I have to get back to AAVG, Im pissed off that the IR guy is dumping on a convertible debenture. Scumvertibles, I hate them.