InvestorsHub Logo
icon url

spec_trader

01/25/10 1:10 AM

#129154 RE: Hawks_Stocks #129151

The issue is Hawk, the DTCC restriction of RVGD and what it will take to settle that mess.
There was another stock, that had counterfeit shares sold and nothing to do with management in anyway. Someone else actually counterfeited and sold shares illegally like a thief would. Only way they could straighten it out was to halt, count what shares there were and then have the company accept those counterfeit shares by issuing more shares to the AS, all with approval of SEC.
After all that, and the company giving away shares someone else collected money from to make it right to the shareholders, the DTCC still would not lift their restriction.

This DTCC thing may force RVGD to dilute or even RS the shares.
So even at .0001 or .0002, it could still go lower.

Me, I'm probably going to buy a bunch as a lotto at .0002 and watch what happens.

Hopefully it's a winner and everyone holding makes their money back and more.