Replies to post #119443 on DD Support Board and Research Team

[Renee]

Kallie: MODC was suspended 2 years ago and has been on the Grey Market ever since, until FINRA deletes the symbol. The stock hasn't traded in over a year.

VRED submitted a Cease Operations on OTC Markets 6 years ago but still has occasional trading volumes at .0001.


MODC SEC Suspension:

http://www.sec.gov/litigation/suspensions/2015/34-74398.pdf

Order:

http://www.sec.gov/litigation/suspensions/2015/34-74398-o.pdf

VRED:

https://www.otcmarkets.com/stock/VRED/filings

https://www.otcmarkets.com/financialReportViewer?symbol=VRED&id=47297

VRED Historical prices:

http://ih.advfn.com/stock-market/USOTC/virtual-ed-link-inc-VRED/historical/more-historical-data

[Slojab]

I can say with 99.999999999% certainty that MODC will never trade again. Who would take them over even if they were free? I followed all of Welch's scam companies before he was found murdered on a beach in the Bahamas with one of his fingers missing. His pinky, maybe?

I believe all his tickers have been suspended and are now trading on the greys. I know ENCS and EHYD are. I can't recall others, it's been so long.

Phil Verges was his mentor, btw. Talk about starting off your pinksheet career with two strikes against you.

[DragonBear]

I have a couple of pinks from years ago

Your last line of resort for the one which shows rare volume, and you find impossible to sell, is to ask your broker to buy the shares from you. Where they pay you $10, while charging you a fee of $20. Then you are free&clear to take a tax loss write off. Some brokers are more kind than others.

For one which doesn't even have a blip of volume, you can ask your Broker to provide a letter to you, indicating it's non-tradeable. Can't remember if it involves a lawyer. Maybe others here can clarify. Then your tax accountant can process it as a tax loss.

The only other alternatives are: To keep sitting, and wait until FINRA clears out the tickers. Which could take years more. Or hope they qualify as a shell, and are R/Med. Which again, can take years to happen.