InvestorsHub Logo
icon url

thefasted

02/05/07 7:32 PM

#54358 RE: Renee #54349

bravo, seabiscuit!!!
icon url

DD-214

02/05/07 7:34 PM

#54360 RE: Renee #54349

sea, as always, love reading your insight..... BUT, if I understand what you have alluded to, then we really are stuck in the mud due to the action of the SEC and when CKYS starts trading again, I presume on the "Greys", that will give those demons opportunity to recapture their NSS's at a greatly reduced pps... remember, that CKYS will need at least one MM sponsor to get back on at least the PINKS and assuming ALL the MM's are culprits, who will sponsor them?????




icon url

FHanen350

02/05/07 7:41 PM

#54367 RE: Renee #54349

Outstanding post! My thoughts exactly!
icon url

silverfox1155

02/05/07 7:46 PM

#54370 RE: Renee #54349

I Agree Seabiscuit. You plainly explained that attention has been brought and a super cleansing is needed and is indeed being executed. We should come out the other end with a new company that can now fire on all cylinders.
icon url

smartmoney77

02/05/07 7:54 PM

#54377 RE: Renee #54349

Yes I think this is clear. The short position is between 25-30 million dollars. I guess that to be 5-8 times the float. 95% of pinksheet companies are less forthcoming than Cyberkey is. While the company certainly isn't perfect there is no evidence to support a halt.

I think the biggest effect here is that new investors will not be able to buy the stock after the Good Morning America program. We only need a small portion of those 4.5 million viewers to become investors and send us over a dime very quickly in my view. Now they will have to wait until the 16th or actually the 19th.

Of course we need to wait and see CYBERKEY prove contracts and revenue. Audited financials answers everything here.
icon url

mojunk

02/05/07 8:14 PM

#54410 RE: Renee #54349

SEC Extends Compliance Dates For Regulation NMS

(Feb 5 dealine moved to Mar 5)

http://www.sec.gov/news/press/2007/2007-9.htm

FOR IMMEDIATE RELEASE
2007-9
Washington, D.C., Jan. 25, 2007 - The Securities and Exchange Commission has extended for a limited period of time three of the future compliance dates for Rule 610 and Rule 611 of Regulation NMS. The Commission is extending the three compliance dates to give automated trading centers additional time to complete the rollout of their new or modified trading systems. The Completion Date of Oct. 8, 2007, remains unchanged.

Rule 610 is intended to assure fair access to quotations, limit fees for accessing quotations, and require self-regulatory organizations (SROs) to prohibit their members from displaying quotations that lock or cross quotations previously displayed by other markets. Rule 611 requires trading centers to establish policies and procedures to prevent “trade-throughs” – the execution of trades at prices inferior to the best-priced quotations displayed by automated trading centers. Automated trading centers must operate trading systems that comply with the automated response and other requirements of Regulation NMS. The trading systems can be operated by an SRO or operated by a broker-dealer that displays its quotes on the NASD’s Alternative Display Facility.

The Commission has extended the Trading Phase Date until March 5, 2007 (previously Feb. 5, 2007), the Pilot Stocks Phase Date until July 9, 2007 (previously May 21, 2007), and the All Stocks Phase Date until Aug. 20, 2007 (previously July 9, 2007).

The Commission’s extension of compliance dates is available on its website at www.sec.gov/spotlight/regnms.htm.

# # #