posted
Any of you that have Scotty - I don't know about you but evrytime I make a trade, buy or sell, they send me a paper, looks like a statement, I believe it's a confirmation. Somebody told me that's proof right there. Any thoughts?
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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quote:Originally posted by Jenna: Any of you that have Scotty - I don't know about you but evrytime I make a trade, buy or sell, they send me a paper, looks like a statement, I believe it's a confirmation. Somebody told me that's proof right there. Any thoughts?
Jenna I have scotty too. What I have done is print hard copys of the purchases that I made.
Including transaction #'s etc. even print your home page full screen. I don't want them to disappear.. LOL
Posts: 6410 | Registered: Jul 2006
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posted
Jenna - you say "believe he said after the 29th you would be ok but you won't be in their BOOK...
Can anyone explain that? Does that means shares we add - buy yesterday or today - lose some benefit??
Posts: 551 | From: FL | Registered: Apr 2006
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Rufus has stated many times before, “I’m not worried about the current PP, the reset is all that matters”, the companies current strategies of releasing market or pre-market news adds credence to this statement.
First point in case, no PR new release explain confusion of 8k filing, second no PR release announcing interview on Paltalk, and third no PR, pre-market today to help hold up prices as I type.
It is easy for me to see that any PR new release at all the last few market days could have cause the PP to surge. Question, why not release timely PR new? Because it does not matter, only the reset.
No pain, no Gain.
“YOU PAID YOUR MONEY AND YOU MAKE YOUR CHOICE” Posts: 46 | Registered: May 2006
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quote:Originally posted by GreenDay: Jenna - you say "believe he said after the 29th you would be ok but you won't be in their BOOK...
Can anyone explain that? Does that means shares we add - buy yesterday or today - lose some benefit??
Honestly, I didn't really understand everything but I beleive if your not in the book, which I guess he's going to somehow let us check if our names are on there, if you're not in the book, you really need to get cert's to prove that you have real shares..........but.... he also said that if you bought AIR SHARES .... he will buy them from you for $15 / share (I believe) & then HE will go after the money from who ever sold the stock to you.........he said if he has to he'd BUY a law firm to take care of this!!!
He's so cool!
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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posted
Not sure what the price will do. The MM's may just draw a line in the sand and not cover.
As far as the certs go, It's was my understanding that the only way an individuals name will be in the TA's book of shareholders is if the stock is in your name either electronically or in physical cert form. If you have airshares, the broker is still responsible for the market price. But it "could" take legal action in order to sort it out.
Rufus stated over and over that the company would help you but priority is to the shareholders that are recognized in the company book.
More Later
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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quote:Originally posted by RyanPBF: I've had my shares since june 14th. I would sure hope that I have my shares. I am wondering if I should call the TA though? Has anybody else made that call.
Ryan they are in Nevada. Not sure what time they open...1-877-317-7757
try and talk to Don
I tried to call, but the mailbox is already full.
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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posted
Honestly, I don't even care what the PPS is because he said the reset is coming!!! So let's look at this as an opprtuntity to buy more shares for a really good price!!!
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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Rufus has stated many times before, “I’m not worried about the current PP, the reset is all that matters”, the companies current strategies of releasing market or pre-market news adds credence to this statement.
First point in case, no PR new release explain confusion of 8k filing, second no PR release announcing interview on Paltalk, and third no PR, pre-market today to help hold up prices as I type.
It is easy for me to see that any PR new release at all the last few market days could have cause the PP to surge. Question, why not release timely PR new? Because it does not matter, only the reset.
No pain, no Gain.
“YOU PAID YOUR MONEY AND YOU MAKE YOUR CHOICE”
I believe that he (Rufus) is allowing the shorts to cover. By not putting PR's out there, the MM's can help facilitate this by keeping the price low. Why he is being so fair to them, God only knows, but he is a religious man. My question is...is this fair to us? If you think about what's in store for us and this company, the answer is probably "yes". Remember, he wants loyal shareholders.
Posts: 885 | From: Dallas, Texas | Registered: Sep 2006
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quote:Originally posted by Jenna: Any of you that have Scotty - I don't know about you but evrytime I make a trade, buy or sell, they send me a paper, looks like a statement, I believe it's a confirmation. Somebody told me that's proof right there. Any thoughts?
It's proof you bought the shares but it doesn't put your name in the company books as a shareholder. The certs are held in street name. So for instantance let's say the street name is Scott. All the shares Scottrade truly owns will be under the name Scott in the company books. Those shares are split up among the many Scottrade customers.
So yes you have proof that you purchased shares but your name is not on the list of shareholders in the company books.
Hope that helps.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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posted
Mathis...thanks, but I don't think that it is the same guy...it would be the one that was the CEO of FHAL...sounds as if he just made some big deals but Rufus and been wouldn't let us know for what...that would be insider info...
quote:Originally posted by Jenna: Any of you that have Scotty - I don't know about you but evrytime I make a trade, buy or sell, they send me a paper, looks like a statement, I believe it's a confirmation. Somebody told me that's proof right there. Any thoughts?
It's proof you bought the shares but it doesn't put your name in the company books as a shareholder. The certs are held in street name. So for instantance let's say the street name is Scott. All the shares Scottrade truly owns will be under the name Scott in the company books. Those shares are split up among the many Scottrade customers.
So yes you have proof that you purchased shares but your name is not on the list of shareholders in the company books.
Hope that helps.
GLTA Wally
OOOOHH!!!!! I better call my friend Scotty.
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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posted
I hope we don't end up with a class action to get our money. These air shares are great concern to me. We are talking millions of dollars. If we can't get shares in our name electronically or get certs where do we stand? This is fraud on a huge level. This stock was trading in Berlin illegally also. Do you believe the shorts will be able to cover at $15.00? Maybe the TA can direct us in the proper direction. We are seeing firsthand just how crooked the market is.
Posts: 115 | From: Michigan | Registered: Feb 2006
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posted
OT: OK I just got off the phone with ETurd. (First time since this thing started that I have made a call to my broker. I know I am feeling pretty special about that too.) I was checking on my funds that I began transfering to my account this past Saturday that still haven't showed in my account. Basically because the funds were moved with their "Quick Transfer" feature and the transfer was not that quick so it raised a bunch of "red flags" for me.
Appearantly, funds ACHed to your account that used to be immediate now due to "new" fraud protection rules put in place industry wide can hold up funds for upto 6 business days! Kind of defeats the purpose of "Quick Transfer" huh. Anyway I need to wire the funds. So I had him cnacel the transfer and as soon as they appear back at my bank I am going down there to wire. Just FYI for all those who enjoy this feature of ETradeand other brokers. I got no notification of the change and was really taken by surprise since most of my transfers from my bank to ETrade could be used imediately.
I will be wiring from now on.
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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posted
sherri, I have noticed that with them if you don't call the 877 number they answer when it is you dime...but I don't remember the area code...it was listed last night...in this thread...
quote:Originally posted by SherriT:
quote:Originally posted by a surfer:
quote:Originally posted by RyanPBF: I've had my shares since june 14th. I would sure hope that I have my shares. I am wondering if I should call the TA though? Has anybody else made that call.
Ryan they are in Nevada. Not sure what time they open...1-877-317-7757
try and talk to Don
I tried to call, but the mailbox is already full.
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
Reading through all this stuff and a bit at a loss. Sounds like my Etrade options are to secure the actual certs, or follow Doniboy's lead and don't do anything. Am I reading this right? I'm a little concerned on getting the certs because that would really delay any further transactions on this stock.
Posts: 528 | Registered: Aug 2006
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posted
I just transferred yesterday and it was all good...but maybe it has to do with the amount...and yours is higher?
quote:Originally posted by TaxBack04: OT: OK I just got off the phone with ETurd. (First time since this thing started that I have made a call to my broker. I know I am feeling pretty special about that too.) I was checking on my funds that I began transfering to my account this past Saturday that still haven't showed in my account. Basically because the funds were moved with their "Quick Transfer" feature and the transfer was not that quick so it raised a bunch of "red flags" for me.
Appearantly, funds ACHed to your account that used to be immediate now due to "new" fraud protection rules put in place industry wide can hold up funds for upto 6 business days! Kind of defeats the purpose of "Quick Transfer" huh. Anyway I need to wire the funds. So I had him cnacel the transfer and as soon as they appear back at my bank I am going down there to wire. Just FYI for all those who enjoy this feature of ETradeand other brokers. I got no notification of the change and was really taken by surprise since most of my transfers from my bank to ETrade could be used imediately.
I will be wiring from now on.
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
St.Matthew I believe that he (Rufus) is allowing the shorts to cover. By not putting PR's out there, the MM's can help facilitate this by keeping the price low. Why he is being so fair to them, God only knows, but he is a religious man. My question is...is this fair to us? If you think about what's in store for us and this company, the answer is probably "yes". Remember, he wants loyal shareholders.
I agree totally, just neglected to add that thought.
Thanks,
"YOU PAY YOUR MONEY AND YOU MAKE YOUR CHOICE" Posts: 46 | Registered: May 2006
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quote:Originally posted by 10of13: I just transferred yesterday and it was all good...but maybe it has to do with the amount...and yours is higher?
quote:Originally posted by TaxBack04: OT: OK I just got off the phone with ETurd. (First time since this thing started that I have made a call to my broker. I know I am feeling pretty special about that too.) I was checking on my funds that I began transfering to my account this past Saturday that still haven't showed in my account. Basically because the funds were moved with their "Quick Transfer" feature and the transfer was not that quick so it raised a bunch of "red flags" for me.
Appearantly, funds ACHed to your account that used to be immediate now due to "new" fraud protection rules put in place industry wide can hold up funds for upto 6 business days! Kind of defeats the purpose of "Quick Transfer" huh. Anyway I need to wire the funds. So I had him cnacel the transfer and as soon as they appear back at my bank I am going down there to wire. Just FYI for all those who enjoy this feature of ETradeand other brokers. I got no notification of the change and was really taken by surprise since most of my transfers from my bank to ETrade could be used imediately.
I will be wiring from now on.
It is a large transfer but not much larger than past transfers back and forth. Hmmm, I talked with the guy for about 15 minutes on the topic, and he seemed to be reading some of it from a script. I don't know. Oh well just FYI and something to be aware of. Thanks for the update 10o13
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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quote:Originally posted by 10of13: He was commenting on the fact that there were new MM's that have not been on this stock before, he said to watch, He said that we needed to think about that... I took it as a good thing...
quote:Originally posted by cassity: Hey Tax, Rufus mentioned something about the MM MURF being at $7. My computer screwed up when he was telling us that. What was said about MURF. Thanks
MURF is an institutional that does not normally play at this level....that is what he said you should pay attention to.
-------------------- - "Pay it Forward" Posts: 1524 | Registered: Jun 2006
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quote:Originally posted by DMOST: St.Matthew I believe that he (Rufus) is allowing the shorts to cover. By not putting PR's out there, the MM's can help facilitate this by keeping the price low. Why he is being so fair to them, God only knows, but he is a religious man. My question is...is this fair to us? If you think about what's in store for us and this company, the answer is probably "yes". Remember, he wants loyal shareholders.
I agree totally, just neglected to add that thought.
Thanks,
"YOU PAY YOUR MONEY AND YOU MAKE YOUR CHOICE"
Listening to him last night this did not seem to be the case. Especially when he said and I quote, "They can kiss my butt. They haven't called Ben at this point, well they can kiss my butt!"
-------------------- Una Mas! Posts: 2717 | From: Eville,IN,USA | Registered: Feb 2004
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quote:Originally posted by 10of13: Mathis...thanks, but I don't think that it is the same guy...it would be the one that was the CEO of FHAL...sounds as if he just made some big deals but Rufus and been wouldn't let us know for what...that would be insider info...
gotcha..im all confused..lets see if i can find some info on the CEO mike alexander
Posts: 209 | From: New Orleans | Registered: Feb 2006
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posted
So what happens to scottrade when reset happens and thousands take legal action to get their shares? I understand that its their problem they have to cover...but is their a chance this could bankrupt these companies and we get screwed? I'm not trying to brind confusion just trying to be safe with my shares. Didn't he mention this as a possibility last night of scottrade and ameritrade or am I way off...sorry just really confussed right now
-------------------- a little at a time turns a penny to a dime! Posts: 303 | From: lake charles | Registered: May 2006
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posted
OK - Just got off the phone with Scotty - very nice people - anyway - they said it's no problem cert's are $50... & he also said THEY DO NOT SHORT - if they buy it on your behalf you own it no matter what!!! So no worries, & he also said that it sounds like Rufus wants everyone to get their certs, even if there covered by brokers like Scotty, because he must want to know exactly who his shareholders are!!
So, Scotty people, are you going to request your cert's even if they are guaranteeing your shares?
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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quote:Originally posted by Tmoney: So what happens to scottrade when reset happens and thousands take legal action to get their shares? I understand that its their problem they have to cover...but is their a chance this could bankrupt these companies and we get screwed? I'm not trying to brind confusion just trying to be safe with my shares. Didn't he mention this as a possibility last night of scottrade and ameritrade or am I way off...sorry just really confussed right now
He basically said Ameritrade was in trouble but all he said about Scotty was why deal with the brokers who put cert's in street names, he said he LOVES Merryl Linch!!!
-------------------- ..just remember....Family is EVERYTHING!! Posts: 3944 | From: Rochester, NY | Registered: Sep 2006
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posted
Ok, perhaps I'm slow to catch on with this, but how does just calling the TA put you on the company's books? Do you just tell whoever answers the phone "hey, I'm so-and-so, and I've got XXX number of shares with YYY broker???" And has anyone verified which brokers are willing to electronically put the shareholders name on the shares? I'd call myself but I am out of the country right now.
Posts: 31 | Registered: Mar 2006
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posted
In talking witht the local Scottrade branch manager last week and today again......so far Scott is still representing that they would not be able to put my name electronically on my shares, and Scott also represents that the shares in my cash account are valid and tradeable and owned only be me, and my shares are not subject to being loaned to any other entity or individual... . . Should anyone find that Scott will put your name electronically on your shares, please, I think we all will appreciate you relating to the board how y'all got it accomplished....TY and GLTA
-------------------- "No nation was ever ruined by trade." Benjamin Franklin Posts: 533 | From: Dooville, Indiana | Registered: Jul 2006
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