Replies to post #65709 on All Things Mobile Analytic Inc (ATMH)

[DJ Ponder]

Thats friggin ridiculous.

Let me explain how it works when restricted shares are issued. Those shares never leave the transfer agent till there off restriction. Period.

I’ve now seen more than enough to not fall for a word more of the lofty factless tron crap.
NOTHING.

[DJ Ponder]

Nope, thats Wrong.

Its like I’ve been stating all along... all anyone has to do is read the SEC litigation releases to prove that claim FALSE. Claiming all TA’s do everything by the book is nonsense. As the SEC states In their battle to root out microcap stock fraudsters, securities regulators are turning their attention to transfer agents, who are sometimes in a position to prevent scams, or help to enable them.


A good example is Empire Stock Transfer and its then operations Manager, Matthew J. Blevins. They transferred large blocks of several penny stocks to offshore nominees, even though there were red flags implying the shares were illegal. The SEC charged several offshore entities behind the illegal sales of unregistered penny stocks made possible by Empire Stock Transfer and Blevins. They agreed to settle, Empire Stock Transfer agreed to pay more than $154,000, and Blevins agreed to pay $20,000 and be permanently barred from the securities industry.

Let me explain how it works when restricted shares are issued. Those shares never leave the transfer agent till there off restriction. Period.

The transfer agent sets you up with an account with them where the restricted shares sit till there off restriction. You can not take these shares from the transfer agent and put them into a personal account till they are off restriction. So this statement below is totally FALSE! Matter of fact you need an attorney letter just to have them released from the transfer agent even if they are off restriction. It more regulated then most might think.

The transfers agent is like a bank. They are regulated like a bank. Everything is done by the book. There is no scamming them and what they say must be believed.



"And where is the proof the Transfer Agent transferred 80 million shares to a BioFinn account? Oh thats right, there isnt any such proof. Those shares could have gone to someones personal account and the BioFinn was an afterthought to cover up the scam. LMAO"