Replies to post #7907 on NationsMark Nextgen (fka NMNX)

[puppydotcom]

If that ends up being the case, that's unfortunate for share holders because share holders will never find out the truth

Revoked FFGO, NMGL, RENS, GNCP could care less about the retail share holders

too bad everyone had to find this out the hard way

By losing all of their investment in FFGO

[puppydotcom]

SEC rule Rule 12g-4 .. form 15

Rule 12g-4

An issuer that files a Form 12b-25 in connection with a periodic report, and then files a Form 15 under Rule 12g-4 during the Rule 12b-25 extension period is still required to file the periodic report. Rule 12g-4 does not suspend an obligation to file a Form 10-K or Form 10-Q when either form was due before the Form 15 was filed.
The filing of a certification on Form 15 pursuant to Rule 12g-4 immediately suspends an issuer’s obligation to file periodic reports pursuant to Section 13(a), but the issuer’s obligations under Section 14(a) continue until the effective date of the issuer’s Section 12(g) deregistration. Rule 12g-4 affects only Section 13(a) reporting requirements that arise from Section 12(g) registration and does not affect any reporting requirement under Section 15(d) of the Exchange Act that may become operative in connection with the termination of Section 12(g) registration.
A registrant with a calendar year end has fewer than 300 holders of record as of February 15 and files a Form 15 to terminate its Section 12(g) obligations under Rule 12g-4 before the due date of the Form 10-K for the most recently completed fiscal year. Assuming the registrant had more than 300 holders of record as of January 1, the registrant then has a Section 15(d) obligation that revives because it had an effective Form S-3 and Form S-8 that were updated during the registrant’s last fiscal year by virtue of the filing and incorporation by reference of a Form 10-K into the Form S-3 and Form S-8. The registrant can suspend the Section 15(d) obligation on a going forward basis provided: (1) the registrant first files post-effective amendments to the Form S-3 and Form S-8 to terminate those offerings; (2) those post-effective amendments become effective before the registrant files a Form 10-K for the last fiscal year; and (3) all of the applicable conditions in Rule 12h-3 are met. The registrant would still need to file a Form 10-K for the last fiscal year because the Form S-3 and Form S-8 were updated that year.
Following a tender offer, a company has sufficiently few shareholders to be eligible to file a Form 15 pursuant to Rules 12g-4 and 12h-3. Subsequently, the company will have a back-end merger. Corp Fin ordinarily will not accelerate termination of Section 12(g) registration under Rule 12g-4 where an Exchange Act event is anticipated. Accordingly, the company will be required to file a Schedule 14A proxy statement or a Schedule 14C information statement relating to the back-end merger during the 90-day period between filing the Form 15 and termination of registration pursuant to Rule 12g-4.

[puppydotcom]

Tic, Toc .. August is almost over! and still no filings. I hate to bust any bubbles here. However, according to the CEO of GNCP ( and he is the same for NMGL .. they are REQUIRED to file .. financials

The Company has in its Third Quarter taken some steps in this direction, namely:

-- Acquisition of some the short term debt owed by the Fund; and
-- Acquisition of some of the debt owed by Subco.

In addition to these steps taken in the Third Quarter, the Company is providing the required funding, expertise and advisors to both the Fund and to Subco, in order for both of these Companies to file their required financial and other information as is required to establish both of these Companies as "Current Information" with the OTC Markets Group. Both the Fund and Subco recently filed a Form 15-12G with the Commission and currently have "STOP" annotations with the OTC Markets Group. Certain State filings are required to be made by both the Fund and Subco and the cost of the same will be advanced by this Company. This is expected to be completed in August 2012. These funds being advanced by this Company to the Fund and to Subco, will in the immediate term, be accounted for as short term loans.
www.otcmarkets.com/stock/NMGL/news



Now why do you say .. they're not required to file .. when the CEO made a public statement stating they MUST file>?

Is this CEO of NMGL and GNCP LYING?

or ...

inquiring minds would like to know

---------------------------


by Vianna
Member Profile Vianna Member Level

Monday, August 27, 2012 11:28:10 AM
Re: SevenTenEleven post# 7901
Post # of 7914
NMGL - NOT REQUIRED TO FILE WITH SEC!

Form 15 filed May 24, 2012 and the wait was 90 days.

As of today, NMGL IS NOT required to be up-to-date with its SEC filings and therefore cannot be revoked for that reason.

SORRY SHORTY!!!!! =)

TIC TOC

Thanks SevenTenEleven

V

[Fire Lane]

actually thats a not true at all vianna. I'm surprised you would post that. the fact is they do need to file either with edgar or the alternative filing requirements. failure to meet either of those can and will result in revocation

[puppydotcom]

would you care to comment on the fact the CEO of NMGL & RENS disagrees with your opinion? You stated no filings are required ..

However, the CEO clearly stated ...


from GNCP ( NMGL " = the Fund " ) update to share holders

In addition to these steps taken in the Third Quarter, the Company is providing the required funding, expertise and advisors to both the Fund and to Subco, in order for both of these Companies to file their required financial and other information as is required to establish both of these Companies as "Current Information" with the OTC Markets Group. Both the Fund and Subco recently filed a Form 15-12G with the Commission and currently have "STOP" annotations with the OTC Markets Group.

Certain State filings are required to be made by both the Fund and Subco and the cost of the same will be advanced by this Company. This is expected to be completed in August 2012. These funds being advanced by this
Company to the Fund and to Subco, will in the immediate term, be accounted for as short term loans.


-------------------------------------
V said ...

NMGL - NOT REQUIRED TO FILE WITH SEC!

Form 15 filed May 24, 2012 and the wait was 90 days.

As of today, NMGL IS NOT required to be up-to-date with its SEC filings and therefore cannot be revoked for that reason.

SORRY SHORTY!!!!! =)

TIC TOC

Thanks SevenTenEleven

V

[puppydotcom]

Seems this unknown, unproven shorty is going to be VERY HAPPY if NMGL & RENS fail's to file the required reports the CEO publicly stated they were required to file ( the CEO's words, not mine )

.. because

1) They must withdraw the form 15 ( or some how get more time from the SEC, not sure if that's possible )and file the required reports and then refile the form 15

or

2) off to revoking land they both go

TIC
TOC
the
SEC
clock
will
stop

[AlanC]

Good reading on what it takes to hold PM's and mining shares. Beat the banksters at their own game.

http://www.gold-prices.biz/home/the-top-3-rules-to-understand-about-gold-silver-price-behavi.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+GoldPrices+%28Gold+Prices%29

original post by likethesun