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Re: mrsdoubtfire post# 20452

Monday, 06/04/2012 11:17:07 AM

Monday, June 04, 2012 11:17:07 AM

Post# of 20469
ENTS did reverse merger in October 2011 with Medical Capital Management, LLC in exchenage for 75 million shares of common stock as announced in this PR: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68381483

The current CEO is Roger Findlay. You could try calling him at (973) 285-9100 to ask about any plans for the corporation, however the DTC situation makes the stock impossible to sell for many shareholders depending upon which broker they use.

Although ENTS had already been exited from the NSCC CNS System (i.e. was non DTC-eligibile), the DTC suspended all services but custody (i.e. a DTC Global Lock) in January 2012 as shown in the iBox. This renders the stock extremely illiquid.

The Jenkins brothers moved EnableTS back to CLDR which also has a DTC Global Lock. They tried to circumvent it with a bizarre 1 for 1.08 forward split and a minor name change in order to get a new CUSIP. The manuever backfired and they ended up on the grey market and the DTC applied the same suspension to the new CUSIP.

Both stocks are essentially worthless.

What happened with ENTS/MMUH is extremely common in Pinkville. I've never seen shareholders of a failed PK company successfully sue the company.

Investing in PK stocks is extremely risky. There is always the possibility of loosing one's entire investment. The red flags were all over the field on this one and warnings were repeatedly posted on this forum.

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