I think that the Select American Transfer scandal has a lot to do with the Pinksheet stocks being very slow now. Between all those stocks there is a TON of money just stuck and unable to grow or be moved to stocks like NWWV/PLYCF. I know for a fact that I would be buying at least 5-10 million more shares if my money wasn't frozen in ILGL. I wonder if it is tied in to the October 15th and 35 days later to cover. No coincidence IMO that the next OSC hearing is for the end of November, seems they are trying to limit buying power in the PINKS until after the 35 days....???? Also, none of the companies have been charged with anything just accused, frozen, and had hearings for no other reason than to decide whether or not they will continue the freeze out????? WTF????
There has got to be Hundreds of MILLIONS FROZEN right now!
BHUB = 1.5 BILLION frozen shares at roughly .0025ave per share = 3,750,000 dollars, just in BHUB alone! Probably many more shares out there than 1.5 billion since it was trading 1 billion each DAY!!
ILGL = over 1 Billion shares frozen at .001ave. = 1,000,000 dollars, just in ILGL
We all know there are many others but I don't have the numbers but between those 2 there is about
FIVE MILLION DOLLARS FROZEN!!!!!!!!!!!!!!!!!!!!!!!!!!!!
That is probably only 1/10th of the total, so I guess maybe
50 MILLION DOLLARS FROZEN
and not trade able..........it's NOT helping NWWV/PLYCF or any other PINKSHEET! Thats for sure!
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