posted
Excellent post. Mario must have had those nickel bids & can show them to Nazdaq. .....................................................................
By: DueDillinger 08 Dec 2004, 10:25 PM EST Msg. 6907 of 6912 (Msg. is a reply to by None.) Unsolicited Quotes...
An exception to Rule 15c2-11 exists for Unsolicited Customer Orders. To avail itself of this exception, an NASD member firm must ensure that the quotation published or submitted: (1) is solely on behalf of a customer; (2) represents the customer's indication of interest; and (3) does not involve the solicitation of the customer's interest.
A broker and/or dealer is not a customer for the purposes of this rule. If a NASD member does publish a quotation on behalf of another dealer, including a non-NASD member dealer, the order must represent an unsolicited customer order. To demonstrate compliance with this exception, an NASD member publishing or submitting for publication a quotation representing an unsolicited customer order will be required to produce documentation to the NASD demonstrating its knowledge that the underlying order was unsolicited and entered on behalf of a customer. A NASD member may seek to comply with this exception by obtaining the name of the individual at the other dealer that informed it that the order was an unsolicited customer order and the date and time of such conversation. Both the NASD member and the other dealer are required, pursuant to NASD and SEC rules, to create and maintain a memorandum of such customer order regardless of whether the order is ultimately executed.
Pink Sheets generally will publish unsolicited quotations in securities that meet one of the following six conditions: The Issuer of the securities is subject to Section 13 or 15(d) of the Securities Exchange Act of 1934 and current in its filing obligations. The securities were delisted from NYSE, AMEX, NASDAQ or the OTCBB. The Issuer is a bank, savings and loan, or insurance company. The securities were issued as part of a bankruptcy plan of reorganization. The security being quoted is a foreign ordinary, which is listed on a foreign exchange, or an ADR representing such ordinaries. The Issuer is not subject to Section 13 or 15(d) of the Securities Exchange Act of 1934. However, adequate current information concerning the Issuer is publicly available via the Pink Sheets News Service and the Issuer's transfer agent is registered under the Exchange Act. This information must be less than 90 days old and include, at a minimum, the following basic information regarding the issuer specified in paragraphs (a)(5)(i) to (xiii), inclusive, and paragraph (a)(5)(xvi) of Rule 15c2-11 under the Exchange Act or, if the issuer is an insurance company, the information specified in Section 12(g)(2)(G)(i) of the Exchange Act. Pink Sheets has created a Guideline for Providing Adequate Current Information Pursuant to Rule 15c2-11 (pdf) to help OTC issuers and brokers in understanding what information is required to be provided.
Steps to submit an unsolicited quote to Pink Sheets
If the security is already quoted on the Pink Sheets, subscribers may enter an unsolicited quote through the Dealer. If the security is new to the Pink Sheets, the following process applies:
Federal securities laws require an issuer making a public offering of securities to file a registration statement with the Securities and Exchange Commission containing certain disclosures regarding the issuer and its securities. Pink Sheets has become increasingly concerned that the unsolicited quote exception in Exchange Act Rule 15c2-11 is being abused by unscrupulous individuals to engage in questionable and possibly fraudulent activities in violation of the federal securities laws. Thus, Pink Sheets requires a broker/dealer to submit an Unsolicited Quote Entry Form (pdf) prior to publishing an unsolicited quote in a security that is not already quoted on the Pink Sheets. On the form, the broker must indicate which of the six conditions listed above that the security they wish to quote meets, and if it is condition #6, they must affirm that adequate current information about the issuer is available on the Pink Sheets News Service. If the broker is entering a quote for an Issuer that meets conditions 1-5 above, then no further action is required. Pink Sheets will authorize the broker to publish the unsolicited quote. If the broker is entering a quote for an issuer that meets condition #6 above, then the issuer must first make the required information available on the Pink Sheets News Service. To do this, the issuer must subscribe to the News Service by completing and returning the Issuer Services Subscription Form (pdf). Pink Sheets will then provide the issuer with access to a secure web portal to post the required information on pinksheets.com. Pink Sheets will not accept an unsolicited quote under condition #6 above if the issuer's Transfer Agent is not registered with the U.S. Securities and Exchange Commission (SEC). You can request a list of SEC registered transfer agents by email at info@pinksheets.com. Pink Sheets' Guidelines for Providing Adequate Current Information Pursuant to Rule 15c2-11.(PDF) Once the broker has determined that adequate current information is publicly available on the Pink Sheets News Service, then the broker can submit the Unsolicited Quote Entry Form and Pink Sheets will authorize the broker to submit a quote in the Issuer's security.
For additional information on the Pink Sheets' policy regarding the publication of unsolicited quotes, and for further information on why Pink Sheets created a Guideline for Providing Adequate Current Information Pursuant to Rule 15c2-11, please read the Letter to Broker/Dealers announcing the new policy and the reasons for creating it.
quote:Originally posted by betting babe: that's a reassuring thought whiz. nice DD. ~BB
Good to see you Babe! You haven't been around for awhile. I bought into this in July before Mario became creative with his overall business plan. I'm not sure why I held it while others fled. But Mario did pay out the dividend shares of WLSC & I averaged down. It looks like this may payoff very well. What the new people here have jumped into is the beginings of one serious PR campaign.
Are you still in QBID? That thing will only get better as time passes. Both of these stocks should be alot of fun. The New Year historically is a great time to be in Small Caps.
posted
Good DD Whiz. I didn't think I would get a chance to flip this, but I did today. I sold off my entire position at .0018 and bought back in at .0011. One advantage about MLON that we have over the MM's is that Mario pays the pink sheets so that everyone can have free access to L2 on MLON. Unfortunatly, I'm sure not everyone is taking advantage of the free L2 ( www.pinksheets.com ) This probably pisses off the MM's because they know we can see what they are up to. It also makes it easier to daytrade and flip this by seeing where the support and resistance is building up. Anyways, thanks again Whiz for that post, that should help out some people that are doubting the validity of Mario's statements about the offers for MLON. Everyone should also keep in mind that Wall Street Securities (WLSC) is the real company run by Mario. That is his bread and butter. Even if he sells off MLON, he still has WLSC. The best times with this company are still to come, especially when the PR about the new contract comes out, which I expect will be sometime tomorrow (In my opinion). My reason for thinking tomorrow is because I know that he had that presentation in NY tonight, which would leave me to believe that some news should come out tomorrow.
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
You welcome K-man! Now check this out,,, ....................................................................
By: abadgoodgirl 09 Dec 2004, 12:34 AM EST Msg. 6982 of 7013 Jump to msg. # Thought I'd share some interesting research.
I noticed the MMs we have on MLON. We have the usual crooks like SCHB, NITE, TDCM, GVRC, JEFF, BAMM who are on every pinky or OTC stock.
We usually get excited when an SBSH or BEST shows up because they don't usually make a market in pinkie scams.
So I focused on the two MMs on MLON that we don't normally see here in the pinks or OTC stocks.
The two most intriquing MMs are BGTN, Brockington Securities and VNDM, Vandham Securities.
What I noticed about the Vice President of BGTN is that he is a vice president in OTC solutions [http://www.otc-solutions.com/references.html ] which from what I could tell helps companies. BGTN is the one who filed the 15c-211 for 21st Centuries Holding Corp way back when and which trades at $20/share or so. BGTN doesn't make a market here but did file their 15c-211.
I didn't see BGTN making a market in any other pinks that I checked or OTC stocks either. Also, BGTN has been a friendly and mostly buys and doesn't sit on the ASK so much.
Now, the interesting thing I found out about Vandham [VNDM] was that first their website is down or something. I looked in cached links and I noticed that they specialize in NASDAQ 100 stocks [QQQ] and they also introduce small companies to institutional investors via their roundtable services.
I checked QBID, CMKX, NEOM, CMKX, MSTIF, IBZT, among others and did not find VNDM making a market. I then checked Nasdaq 100 stocks such as, BRCM [Broadcom], ADBE [Adobe], EBAY, AMGM, BEAS [BEA Systems] and AMAT [Applied Materials] to name a few. Vandham Securities VNDM does make a market in all of these NAS 100 stocks.
You can say well so does SCHB, NITE, [the usual crooks]; but it's definitely not the other way around. You do not see MLCO on the pinks too often if ever.
Now when I spoke with MLON CEO, he said clients of his and those who know about MLON took positions in MLON and that is why the price probably spiked so high.
So if VNDM [Vandham] introduces small companies to big institutions, maybe some of those institutions or clients were buying MLON from VNDM. This would make sense.
Just thought I'd share some interesting research. VNDM doesn't seem like it would be an MM in a scam company when you see that they specialize in the QQQs. Perhaps VNDM is selling to their investors who are taking a position in MLON.
Just a different angle of research ..............................................................
posted
More info to digest & spark some thought! ............................................................
By: Art2Gecko 08 Dec 2004, 11:44 PM EST Msg. 6959 of 7019 Jump to msg. # OK coupla questions here for "longs" (if there is such a think among the subs..)
What's the deal with the "kidder-peabody" thing?
Mellon Research is announcing our interest in securing the Kidder, Peabody name from UBS/Paine Webber with a consortium of former Kidder, Peabody employees and money management firms. http://biz.yahoo.com/pz/041207/69043.html
From his resume: Vice President, Investments Western Division 1993 - 1999
Paine Webber/ Kidder, Peabody & Co.
Ÿ Key role in driving 400% revenue growth; secured $1+ billion in assets, adding $20+ million to the bottom line.
Ÿ Mergers and acquisitions expert, especially workplace recovery after mergers, acquisitions and downsizings.
Ÿ Assisted in IPOs; worked with institutions and investment bankers. Added $200 million revenue and $30 million in fees.
Any word on who these clients are?: ``We are pleased to announce that Randy has in fact closed three deals recently, with a projected income of $250K, which should be accrued by the end of Q-1 in 2005. These are quality clients and all are public via the NASDAQ and have growing businesses in diverse market segments.'' http://biz.yahoo.com/pz/041119/68077.html
And what is this all about? Mellon Research will begin a relationship with Extreme Entertainment effective immediately to start filming and coordinate on-air activities with MTV by January 2005. http://biz.yahoo.com/bw/041117/175664_1.html
and from that same release :We are excited to begin the expansion of Mellon Research to broaden its horizons now that revenue has been received, and we have acquired a marginable long term asset of $140,000,000 providing our firm a potential cash infusion of $10,000,000
what is the $140MM asset they refer to??
So is there ANOTHER dividend in the works here? ``We intend to announce some type of a special stock dividend for our existing stockholders as a bonus and to thank them for their ongoing support of our companies. This will be solidified within the next 4-8 weeks and we will issue a special press release to announce this - please stay tuned for further announcements as we move forward across all fronts next month, as we will have some exciting news!'' http://biz.yahoo.com/pz/041124/68314.html
posted
Is anyone seeing any guidance on L2 this morning? Same MMs it looks like but different numbers for the VNDM MM.
Posts: 347 | Registered: Aug 2004
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quote:Originally posted by whizknock: When this thing breaks you will be borderline wealthy. If you then have the tolerance for risk to hold a little longer you will be filthy rich!
Hey whiz my friend. Stable minds have noticed .......it already broke. From .0001 to .0036 is a pretty huge run. As they say on survivor.....THE TRIBE HAS SPOKEN!
posted
Mario usually issues his PR's in the afternoon. I am thinking the news will come out during or after lunch, but that is just my opinion based on when he has issued PR's in the past.
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
2004-12-09 12:00:05 SurfNet Media Group Announces Agreement with Mellon Research for $500,000 Bridge Loan, $5 Million Reg S Offering and Collaboration with Club Extreme
TEMPE, Ariz.--(BUSINESS WIRE)--Dec. 9, 2004-- SurfNet Media Group, Inc. (OTCBB: SFNM) announced today that it has entered into a financial advisory agreement with Mellon Research, Inc. (OTCPK: MLON), based in Phoenix, Arizona, for the procurement of $500,000 in bridge financing and the sale of up to $5 million (US) dollars of convertible notes to be issued by SurfNet in a private placement in offshore transactions to foreign investors pursuant to Regulation S under the Securities Act of 1933. The notes will not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws. "We look
posted
SurfNet Media Group Announces Agreement with Mellon Research for $500,000 Bridge
Loan, $5 Million Reg S Offering and Collaboration with Club Extreme
Business Editors
TEMPE, Ariz.--(BUSINESS WIRE)--Dec. 9, 2004--SurfNet Media Group, Inc. (OTCBB: SFNM) announced today that it has entered into a financial advisory agreement with Mellon Research, Inc. (OTCPK: MLON), based in Phoenix, Arizona, for the procurement of $500,000 in bridge financing and the sale of up to $5 million (US) dollars of convertible notes to be issued by SurfNet in a private placement in offshore transactions to foreign investors pursuant to Regulation S under the Securities Act of 1933. The notes will not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws. "We look forward to supporting SurfNet's achievement of its business goals," said Mario Pino, Mellon Research's CEO and President, "including collaboration with Club Extreme to roll out Mandarin Chinese and Spanish language Internet-based music networks in 2005." "SurfNet, which was a pioneer in the distribution of music over the Internet, launching its original service, BoomBoxRadio, in 1998, is well tooled for this collaboration," said Robert Arkin, SurfNet's Chairman and CEO.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities in any jurisdiction in which such an offer or sale would be unlawful.
Various statements made within this press release may constitute "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. The forward-looking statements contained herein involve risks and uncertainties that could cause results to differ materially from the company's expectations.
SurfNet Media Group (http://www.surfnetmedia.com/) is an Internet digital entertainment media company producing and broadcasting live and on-demand talk radio content streamed globally 24/7. SurfNet produces and broadcasts over 100 programs weekly on its channels, VoiceAmerica(TM) Radio (http://www.voiceamerica.com), BusinessAmerica(TM) Radio (http://www.businessamericaradio.com) and VoiceAmerica Health & Wellness Radio (http://health.voiceamerica.com). SurfNet enables sponsors to deliver cost-effective advertising content to targeted audiences.
Mellon Research (http://www.mellonresearch.com/) provides comprehensive multi-national, boutique investment banking consulting services to enable private companies to raise capital via: IPOs, Reverse Mergers, Bridge Capital and or other financial vehicles.
--30--JC/ny*
CONTACT: SurfNet Media Group Denise Dion, 602-426-7200 denise.dion@surfnetmedia.com
KEYWORD: ARIZONA INDUSTRY KEYWORD: TELEVISION/RADIO CABLE INTERNET E-COMMERCE BANKING MARKETING AGREEMENTS SOURCE: Mellon Research, Inc.
Copyright Business Wire 2004
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
Are we thinking "money figures" means details of new clients contracts or something about outstanding shares, actual value of the company, difference between MLON and WLSC or other??
In this since before CLUB XTREME fiasco...
quote:Originally posted by Boletus: here is his next post:
By: dmusephoto 09 Dec 2004, 10:53 AM EST Msg. 7265 of 7320 Jump to msg. # money Figures....:-)
quote:Originally posted by MB: Are we thinking "money figures" means details of new clients contracts or something about outstanding shares, actual value of the company, difference between MLON and WLSC or other??
posted
Rumor has it that another PR is coming today. I'm not sure what it is about, but there is suppose to be another.
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
Rollin' Rollin' Rollin'....keep dem doggie's rollin'.....keep dem doggie's rollinnnnn' along...........15,000,000 at an average of 0.00126. Gonna get dat year end wrap I think somebody mentioned a few months back......RUFFRUFFRUFF!!!!!
------------------ "When the strike of the hawk breaks the body of it's prey, it is because of timing" The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
posted
In the green, let's do this. I already sold 8 mill at .0007, (not smart) Now show me the money! Show me the money! MLON to the top! It's so hard not to sell when you are reluctant about a company but have made mistakes in the past and want to make up for them. I'm going on faith for fatti Pino! Show us the money Pino!
[This message has been edited by Daytrader1983 (edited December 09, 2004).]
posted
MLON - MELLON RESEARCH (OTC) Date Open High Low Last Change Volume % Change 12/09/04 0.0013 0.0110 0.0009 0.0011 -0.0002 174000624 -15.38%
Composite Indicator Trend Spotter TM Hold
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Hold 20 Day Bollinger Bands Hold
Short Term Indicators Average: 60% - Buy 20-Day Average Volume - 500366938
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 50% - Buy 50-Day Average Volume - 212726000
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 33% - Buy 100-Day Average Volume - 110304938
Overall Average: 48% - Buy
Price Support Pivot Point Resistance
0.0013 0.0003 0.0015 0.0027
0.0027 Resistance..........MUSH YOU HUSKY!!!!!! JUMP DA FENCE!!!!!
------------------ "When the strike of the hawk breaks the body of it's prey, it is because of timing" The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
quote:Originally posted by sync2112: Hey whiz my friend. Stable minds have noticed .......it already broke. From .0001 to .0036 is a pretty huge run. As they say on survivor.....THE TRIBE HAS SPOKEN!
Very true Sync! Very true indeed!
But let us not forget one of the most important fundamental concepts in trading that is very hard for traders who are sound of mind to grasp,,, ....................................................................
whizknock Member posted September 26, 2004 11:35 --------------------------------------------------------------------------------
quote: -------------------------------------------------------------------------------- Originally posted by sync2112: Ah Whiz forever the optimist....the good investor allways teaches..........regardless of what and when you bought it would you buy it today? That being said I don`t think many would get in even at current levels. Its great you have a good til cancelled @.05..I also have one @ .0025 but the reality of it ever being filled is slim and none. Just my own current DD with the facts at hand. --------------------------------------------------------------------------------
Very possibly you are correct. But there's one phenomenon you overlooked.
It's the floating turd factor.
Seems like everytime I do serious DD & buy a stock that has everything going for it just tanks on general principal or never lives up to it's potential. As we hold these gems we can't help but notice that TURD.PK just took off on a really weak PR that does not have any appearent connection to TURD's business plan. We can only wonder who the hell bought that schitt & why. Also wish we had seen the potential worth of bullschitt as a genuine fertilizer value.
So to speed stuff up & get to the point we may have all accidently stumbled on to a goldmine.
Allow me to add that at this point, like my friend Mario, I too have readjusted my fair-value assessment of this company & have raised my GTC offer to sell from .05 to .10!
posted
hey guys, I been away from the computer for a few hours. Ameritrade and pink are showing a daily high of .011. Is that correct or am I missing something? Is this thing jumping around like that?
Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
SFNM (SURFNET MEDIA GROUP) opened at at 0.19 and went as high as 0.23 when they announced this news on their end. They haven't done much volume.......but it's about four times the volume they have been averaging for the past 60 days. hmmmmmmm. RUFF!!!
------------------ "When the strike of the hawk breaks the body of it's prey, it is because of timing" The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
posted
Ok. Here's another question for you Whiz. I saw your post last night but still couldn't figure out the answer. Can Mario get in trouble for saying he had offers to buy MLON for .05? In other words, can we assume those offers were legit? Also, anyone know what our fee is for providing financing services to this company? Anyone have any real #'s??
[This message has been edited by MB (edited December 09, 2004).]
quote:Originally posted by MB: Ok. Here's another question for you Whiz. I saw your post last night but still couldn't figure out the answer. Can Mario get in trouble for saying he had offers to buy MLON for .05? In other words, can we assume those offers were legit? Also, anyone know what our fee is for providing financing services to this company? Anyone have any real #'s??
[This message has been edited by MB (edited December 09, 2004).]
Our fees aree steep! And that's because Mario is good. Yes he could get in big trouble if those bids are fabricated. It doesn't mean to me that anyone tet is seriously willing to buy MLON at .05! It means Mario is very good at making money without breaking the law.
posted
> SCOTTSDALE, Ariz., Dec. 9, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Pink Sheets:MLON), the market leader in providing boutique investment banking services to private mid cap companies, announced that the company has retained the services of a local consulting firm to assist the company in preparing internal financial statements and associated regulatory reports. We expect to have finalized internal financial statements in the near term.
Mario Pino, the President and CEO of Mellon Research stated, "We are pleased to announce that we have begun the process of preparing internal financial statements for the Company and are actively preparing the company for an audit by an independent auditor. We are actively pursuing the selection of an independent audit firm to review our financial statements and look forward to completing this process for the Company shortly.
"We feel this is a very important step in our game plan to bring both Mellon Research, and our recent new dividend issue Wall Street Securities (Other OTC:WLSC) into full reporting status. We will also be meeting with a number of broker dealers and financial consultants today in Manhattan to discuss new joint ventures, develop our broker syndicate, and to look into the possible feasibility of acquiring our own broker dealership.
"Our long-term goal is to develop Wall Street Securities as our retail brokerage division, with Mellon Research providing boutique investment banking services to small and mid-size companies. The recent appointment of Mr. Barkev Kibarian to our executive team is an important first step in helping us develop our investment banking wing, and we look forward to hopefully announcing some new developments in establishing our retail and broker dealer division sometime in the next several weeks."
About Mellon Research, Inc.
Founded in the fall of 2003 by Mario Pino, Mellon Research provides comprehensive boutique investment banking consulting services to enable private companies to raise capital via: IPOs, Reverse Mergers, Bridge Capital and/or other financial vehicles. Mellon Research is the only multi-national boutique financial services firm that is offering client companies with a structured funding process built around its Financial Prep(TM) services. These services provide client firms with a methodology that helps them analyze existing corporate structure, financial and marketing needs to help them make the right strategic choices necessary to raise capital or go public. For more information visit www.mellonresearch.com
About Wall Street Securities, Inc.
Wall Street Securities (Other OTC:WLSC) provides comprehensive boutique investment banking consulting services to enable private companies to raise capital via: IPOs, Reverse Mergers, Bridge Capital and/or other financial vehicles. Wall Street Securities is the only multi-national boutique financial services firm that is offering client companies with a structured funding process built around its Financial Prep(tm) services. These services provide client firms with a methodology that helps them analyze existing corporate structure, financial and marketing needs to help them make the right strategic choices necessary to raise capital or go public. http://www.wallstsecurities.com
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur.
CONTACT:
Mario Pino CEO 602.912.5870 mellonresearch@aol.com
------------------ "When the strike of the hawk breaks the body of it's prey, it is because of timing" The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
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