everything is a balancing act though i've never heard that one before
shorters brokers mm's etc have so many dirty tools at their disposal
they short non -current co's so they can accuse longs of insider knowledge and some of them claim to be informants for the sec -and knowing the current sec and its political marching orders to attack these low pennies i wouldnt be surprised
of course they use lack of financials as an attack -which are useless at this point until substantial revenues
and they have insurance against any non current co rising much in price
otc dtc brokers etc are trying to eliminate low pennies and pennies below current class
otc has published an insider knowledge warning re non info co's and have warned any non current co promo by the co or a 3rd party,whether thru email, PR or actual promo-and non paid mention of a co by a stock newsletter will count as a promo in otc's eyes if such results in a pps rise
i've been thru this as u know -had almost 200k in a rare penny stock breaking through to high revenue which would've continued rising many fold
so what did shorters do-they called otc and fraudulently shouted promo -otc is for profit co which gets 40-50% of its revenue from co filings on otc -otc gets almost no revenue from no info co's so otc is trying to force ALL co's to at least upgrade to current even without a political green light
so when shorters shouted promo the only investigation otc did -i talked to them personally via phone- was to look at the charts -saw pps was rising- so slapped ce without warning-which really cuts down on buying
brokers used the ce without warning as an excuse to prohibit buying and would only allow retail holders to sell their entire position in one lot -which was impossible for large holders w few buyers due to broker restrictions-while brokers shorted their clients stock
dtc under same political orders as sec and fbi and doj to attack these low pennies-beginning in 2009- restricted the stock and then levied a global chill without warning or due process- dtcc didnt even notify the co of the global chill -
a hybrid public private eminent domain taking of the property of innocent 3rd party purchasers -these things dont happen in the real world-where all of these activities would be criminal
and their was no redress of grievances for any of these things- no recourse -nothing any lawyers could do about the unconstitutional lack of due process -dtc wont even tell co lawyers reason for chills --dtc has locked up such co'c forever absent 2013 due process whitepapers under pressure from congress that dictatorial dtc hasnt implemented yet-even in an election year
this dictatorial violation of the constitution political conspiracy has never been seen in usa before -w the agencies charged w protecting us politically motivated and greenlighting otc brokers dtc to do these things w immunity
so the almost $200,000 stock i had in that no info co -before ce etc-was reduced to ca 600 via these games
thats the biggest danger of being a non-current co -once dtc slaps that chill they didnt even have any due process procedure to remove it -they plan on stopping trading in those co's forever and so far they have
this is a regular part of shorters arsenal and thousands of pennies have experienced all or part of this actual real life politically motivated ''business is evil and has to be stopped''
saw the sympathetic tv doc myself) scenario since 2009
fbi was even charged w sting operations against ceos who allowed promos when the co was not current otc and w sec and doj put such ceos in jail
since NNLX is at that point where they are transitioning to real revenue this is imo a clear and present danger
any paid or non-paid mention by a 3rd party not even connected w NNLX in a stock newsletter or email or PR that results in a pps rise can lead to an otc ce slap without any due process or investigation other than a pps rise and start the snowball rolling because all these entities are presently charged w destroying low pennies and especially eliminating non current co's
btw just heard mad cramer echoing that the present sec is NOT looking out for/protecting retail
shorters brokers mm's etc have so many dirty tools at their disposal
they short non -current co's so they can accuse longs of insider knowledge and some of them claim to be informants for the sec -and knowing the current sec and its political marching orders to attack these low pennies i wouldnt be surprised
of course they use lack of financials as an attack -which are useless at this point until substantial revenues
and they have insurance against any non current co rising much in price
otc dtc brokers etc are trying to eliminate low pennies and pennies below current class
otc has published an insider knowledge warning re non info co's and have warned any non current co promo by the co or a 3rd party,whether thru email, PR or actual promo-and non paid mention of a co by a stock newsletter will count as a promo in otc's eyes if such results in a pps rise
i've been thru this as u know -had almost 200k in a rare penny stock breaking through to high revenue which would've continued rising many fold
so what did shorters do-they called otc and fraudulently shouted promo -otc is for profit co which gets 40-50% of its revenue from co filings on otc -otc gets almost no revenue from no info co's so otc is trying to force ALL co's to at least upgrade to current even without a political green light
so when shorters shouted promo the only investigation otc did -i talked to them personally via phone- was to look at the charts -saw pps was rising- so slapped ce without warning-which really cuts down on buying
brokers used the ce without warning as an excuse to prohibit buying and would only allow retail holders to sell their entire position in one lot -which was impossible for large holders w few buyers due to broker restrictions-while brokers shorted their clients stock
dtc under same political orders as sec and fbi and doj to attack these low pennies-beginning in 2009- restricted the stock and then levied a global chill without warning or due process- dtcc didnt even notify the co of the global chill -
a hybrid public private eminent domain taking of the property of innocent 3rd party purchasers -these things dont happen in the real world-where all of these activities would be criminal
and their was no redress of grievances for any of these things- no recourse -nothing any lawyers could do about the unconstitutional lack of due process -dtc wont even tell co lawyers reason for chills --dtc has locked up such co'c forever absent 2013 due process whitepapers under pressure from congress that dictatorial dtc hasnt implemented yet-even in an election year
this dictatorial violation of the constitution political conspiracy has never been seen in usa before -w the agencies charged w protecting us politically motivated and greenlighting otc brokers dtc to do these things w immunity
so the almost $200,000 stock i had in that no info co -before ce etc-was reduced to ca 600 via these games
thats the biggest danger of being a non-current co -once dtc slaps that chill they didnt even have any due process procedure to remove it -they plan on stopping trading in those co's forever and so far they have
this is a regular part of shorters arsenal and thousands of pennies have experienced all or part of this actual real life politically motivated ''business is evil and has to be stopped''
saw the sympathetic tv doc myself) scenario since 2009 fbi was even charged w sting operations against ceos who allowed promos when the co was not current otc and w sec and doj put such ceos in jail
since NNLX is at that point where they are transitioning to real revenue this is imo a clear and present danger
any paid or non-paid mention by a 3rd party not even connected w NNLX in a stock newsletter or email or PR that results in a pps rise can lead to an otc ce slap without any due process or investigation other than a pps rise and start the snowball rolling because all these entities are presently charged w destroying low pennies and especially eliminating non current co's
btw just heard mad cramer echoing that the present sec is NOT looking out for/protecting retail
