Posted On: 04/20/2016 2:18:37 PM
Post# of 43066
Looks like that's 172 days ago.
My bad on the shares--it looks like the number of shares in the settlement was dependent on the price on the judgement date. I don't know what day that judgement date was but I'm going to guess the stock was under $0.50 so the number of shares would be about 3M. Looks like there may be another sixty-eight days of selling 12,500/day.
That also means if the share price stays at $0.04, the settlement would be about $120k so defrauded investors would get about 1/10 of a penny for each share they owned.
The link is at https://www.sec.gov/Archives/edgar/data/13811...0i_jbi.htm
Good thing I had a post remaining to retract my error. I would 'thumbs up' your post but my ability to do that has been removed--apparently the two times I used the feature in the past were deemed reckless. Here's a verbal thumbs up instead.
My bad on the shares--it looks like the number of shares in the settlement was dependent on the price on the judgement date. I don't know what day that judgement date was but I'm going to guess the stock was under $0.50 so the number of shares would be about 3M. Looks like there may be another sixty-eight days of selling 12,500/day.
That also means if the share price stays at $0.04, the settlement would be about $120k so defrauded investors would get about 1/10 of a penny for each share they owned.
The link is at https://www.sec.gov/Archives/edgar/data/13811...0i_jbi.htm
Good thing I had a post remaining to retract my error. I would 'thumbs up' your post but my ability to do that has been removed--apparently the two times I used the feature in the past were deemed reckless. Here's a verbal thumbs up instead.
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Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product and/or technology even more revolutionary.
