This is topic 10/04/07 in forum Reverse & Forward Split Notification and Information at Allstocks.com's Bulletin Board.


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Posted by *Mag* on :
 
PSHM 
Plush Mall Inc. Common Stock 
PMLL 
Plush Mall Inc. New Common Stock 
10-1 F/S; Payable upon Surrender of Certificates

VBTR 
VB Trade, Inc. Common Stock 
EDVU 
Endeavor Uranium, Inc. Common Stock 
65-1 F/S; Payable upon Surrender of Certificates

CDSC 
Cumetrix Data Systems Corp. Common Stock 
CDSY 
Cumetrix Data Systems Corp. New Common Stock 
1-100 R/S

MGMX 
MGM Mineral Resources Inc. Common Stock 
BWNR 
Brownstone Resources, Inc. Common Stock 
1-5000 R/S

MUMI 
Muller Media, Inc. Common Stock 
CJGH 
China Jiangsu Golden Horse Stell Ball, Inc. Common stock 
1-5000 R/S

QBID 
Triangle Multi-Media Inc Common Stock 
CPPC 
Cinemax Pictures and Production Company International, Inc. Common Stock 
1-50,000 R/S; Shareholders holding less than 50,000 shs will receive 100 shs post-split & pre-split holders of less than 100 shs will not be effected by split.
 
Posted by *Mag* on :
 
QBID - no thanks; gl to those who decide to play it...
 
Posted by swusc on :
 
You don't think it will trade for more than commission?

$5 pre split should still trade for 50cents to a $1.

-SFWUSC
 
Posted by *Mag* on :
 
quote:
Originally posted by swusc:
You don't think it will trade for more than commission?

$5 pre split should still trade for 50cents to a $1.

-SFWUSC

It could and I usually play most of these round ups but I am gonna pass this time. good luck!
 
Posted by bilgert on :
 
quote:
Originally posted by *Mag*:
quote:
Originally posted by swusc:
You don't think it will trade for more than commission?

$5 pre split should still trade for 50cents to a $1.

-SFWUSC

It could and I usually play most of these round ups but I am gonna pass this time. good luck!
I only did it in my Zecco account since the there is no transaction fee. BTW Zecco will start charging $4/trade in January 2008.

I hope this means that my QBID shares I bought 3 years ago when I was a newb can be sold now. Would love to see a bid so I can take the tax loss!
 
Posted by *Mag* on :
 
Yeah to bad about zecco but $4 ain't so pricey; smart move by em though, they got their name out there and got a lot of new acct's. I opened a BOA acct. recently, free trades if you meet the criteria of $25k; they have something really weird for otc and pink trades called a SafePass " you receive a 6-digit, one-time-use security code from a SafePass Card you carry with you. Each security code expires as soon as it's used." personally I 'd prefer not to use it cuz it's just one more step added to the buying process, but they are telling me it is required in order to trade them.
 
Posted by T e x on :
 
quote:
QBID
Triangle Multi-Media Inc Common Stock
CPPC
Cinemax Pictures and Production Company International, Inc. Common Stock
1-50,000 R/S; Shareholders holding less than 50,000 shs will receive 100 shs post-split & pre-split holders of less than 100 shs will not be effected by split.

NOTE: knowing Mag, this is an accurate cut n' paste. Perhaps a minor point, but this phrase & pre-split holders of less than 100 shs will not be effected by split. could be intrepreted as "will not be serviced." iow, it should read "will not be affected" ... If legal types get involved, might lose all shares...

Also, shout out to Bilgert: Does the Zecco change apply to new accounts opened *after* Jan 2008? Or to all accounts? iow, is there a "grandfather clause" for pre-2008 accounts?
 
Posted by bilgert on :
 
quote:
Originally posted by T e x:
quote:
QBID
Triangle Multi-Media Inc Common Stock
CPPC
Cinemax Pictures and Production Company International, Inc. Common Stock
1-50,000 R/S; Shareholders holding less than 50,000 shs will receive 100 shs post-split & pre-split holders of less than 100 shs will not be effected by split.

NOTE: knowing Mag, this is an accurate cut n' paste. Perhaps a minor point, but this phrase & pre-split holders of less than 100 shs will not be effected by split. could be intrepreted as "will not be serviced." iow, it should read "will not be affected" ... If legal types get involved, might lose all shares...

Also, shout out to Bilgert: Does the Zecco change apply to new accounts opened *after* Jan 2008? Or to all accounts? iow, is there a "grandfather clause" for pre-2008 accounts?

Interesting interpretation of language Tex. I'll let you know, because I bought 99 shares in one account (zecco) and 101 in another (lowtrades); I considered it an exercise. I don't expect to make much (if anything) on this deal.

Regarding the grandfather clause, the answer is no. Actually, my understanding is that zecco will now start charging transaction fees for new accounts opened after September 1st. Members who signed up prior to 9/1/07 will have free trades until the end of the year.

Honestly $4 isn't too bad for a back up account. I've been pretty please with what they offer, even if the interface is slightly ghetto.
 
Posted by bilgert on :
 
BTW- I sold the shares of QBID i bought 3 (or 4- I can't remember) as a newbie. I am ECSTATIC to be able to write it off now and make it a distant memory.
 


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