posted
Well, at least we know there is still a warm body at the helm !? Now, it would be nice to find out when ship leaves and where the Captain is taking us!
Posts: 616 | From: Mid West | Registered: Mar 2006
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posted
I was thinking, if the SEC has been digging around and finds no problems with business, KSWJ still sounds like it has a hell of a product.(if it legit) This whole ordeal would just provide a shareholder confidence that they are not investing in a big steamy pile of $h--.
quote:Originally posted by cassity: I was thinking, if the SEC has been digging around and finds no problems with business, KSWJ still sounds like it has a hell of a product.(if it legit) This whole ordeal would just provide a shareholder confidence that they are not investing in a big steamy pile of $h--.
Good call cassity,
Yah, I'd have to agree, if the SEC finds nothing wrong, it will reinforce confidence back into some of the present shareholders and potential shareholders. Unfortunately, that said, I'm guessing that a lot of present shareholders will bail ASAP, at any price. They may have their eye on other plays. Although, it may be a great buying opportunity as well. It all depends on the outcome, how each person takes it and their personal situation. One thing is for sure, it will make a difference!.
Posts: 616 | From: Mid West | Registered: Mar 2006
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posted
If the Sec..gives them the OK...I may just buy bunches of cheap shares...granted i'll have to hold them...until the confidence builds back...but it may be worth the wait...GLTA!!!
-------------------- #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
It was good to hear something. I still have a $2k plus interest in this stock. Like cassity said, they been put under the magnifying glass and sounds like look for real. Unless there just buying enough time to skip town. I' d like to hear more, very soon.
Posts: 4245 | From: SMALLVILLE USA | Registered: May 2004
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posted
I'd like to hear more also...BUT...THIS IS GOOD NEWS. if there is no problem with SEC, things should continue as normal. IF ALL is LAGIT,,,it is a good product and all they need is one MAJOR to jump on their product and this will rocket. Time will tell and I have plenty of that. GLTA!
-------------------- It's only money..We'll make more tomorrow! Posts: 788 | From: Tx. | Registered: Jun 2005
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posted
HMM interesting... even if SEC finds no problem... there will STILL BE A DRASTIC price change... who knows... may be worth something later on... if the company sticks around that is... IMHO
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven Posts: 3255 | From: Orlando, FL | Registered: Mar 2006
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posted
Remember,,,,KSWJ has to address the issues the SEC brought forth on them.
The other company they were in negotiations with, is one of those issues...
Trading will resume Monday, but they still have to give a report to the SEC,,,,,,what would be a worst case scenario is if the SEC doesn't like the update they receive from KSWJ and again halts trading on them...
I would expect an update on the negotiations and the other company. Also a letter from whomever the President of this company currently is.
Either way, the SEC and shareholders alike will soon get to know more details pertaining to those questionable PR's.
Posts: 793 | Registered: Aug 2004
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posted
I really hope that everything will be fine - trades start on Monday, P/S will dropped and help to downsize the 4 weeks back levels... People like "Invester" stop pushing this stock, make numerous calls to CEO, took profits and finally call SEC... In the mean time (week or two from now) I'll try to visit the company (their are near by) and will see… Just calm down and see what happened... Posts: 420 | From: Canada | Registered: Feb 2006
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posted
This still shows up as being suspended...Is it just cause it's the weekend and hasn't been updated yet? Are we gonna resume trading tommorrow morning? And if so, is it gonna be as a pink or a gray?
Posts: 596 | From: New Jersey | Registered: Apr 2006
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posted
"limbo world" where trades have to be matched; no MM "making a market"; company has to find an MM willing to file a "211." While on greys, many brokers won't accept online orders, so phone trades only--if there's anybody to trade with.
posted
Is this thing even trading grey? How do you even tell? Scottrade still shows it as being suspended. I've never dealt with a grey before (proudly enough), so I don't know the whole process. How do you tell if it's even trading? And if it is a grey, how long does it usually stay there and what does the company have to do to get it back to the pinks? Any help on understanding this is greatly appreciated.
Posts: 596 | From: New Jersey | Registered: Apr 2006
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quote:Originally posted by 7 of 9: Write this one off.
Do you honestly find it necessary to always be a complete A$$. I mean why bother even replying if that's what your gonna say?? These boards are to help each other and share stocks and have a good time, but 99% of your posts are bashing or just plain ignorant....but I guess that fits you well
Posts: 596 | From: New Jersey | Registered: Apr 2006
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posted
I understand that this is in serious trouble and not looking good at all, but I didn't ask if people thought we should write this off. I'm new to the pennies and was just looking for a little help on how the grays work. Responding like that is just rude and childish. If you don't like the stock or don't want to help someone out, then just don't....leave it be. But when someone's trying to learn and asking for help, replying with "write this one off" isn't very helpful in understanding the process.
Posts: 596 | From: New Jersey | Registered: Apr 2006
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posted
sounds like you might be losing more than you want Jerzey. No offense, but 'write it off' is good advice.. hell, maybe it will double the day it starts trading but probably not.
in the pennies you have to be ready to write ANYTHING off and NEVER 'play' with more than you can lose.
for example, i'm HEAVY in LFWK (diversify? ha!)-- I feel really good about the potential. But you know what, I'm not going to cry if I find out tomorrow it's all a sham and I lose everything I have in it. Just cut your losses and move on.
last, I think 7of9 & Adlai were making general statements that apply to everyone in the stock - not directly responding to your questions - did they quote your post in their response??
It is good advice - try not to take things so personally.
Posts: 270 | From: Fullerton, CA | Registered: Mar 2006
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posted
Ok...understood and I respect that. But after all that typing, I still have no answers to any of my questions, lol =) Let's say I'm writing this one off! I was planning on that anyways...I'd still like to learn. And I didn't mean to sound like I was taking it personally, cause I'm definately not. I got 270,000 shares...about $370 invested...nothing I'm gonna cry over, especially once LFWK takes off for us =)
Posts: 596 | From: New Jersey | Registered: Apr 2006
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posted
Will trading automatically resume after ten days? It depends on the market where the stock trades. Different rules apply in different markets.
For stocks that trade in the OTC or the over-the-counter market, trading does not automatically resume when a suspension ends. (The OTC market includes the Bulletin Board and the Pink Sheets.) Before trading can resume for OTC stocks, SEC regulations require a broker-dealer to review information about a company before publishing a quote. If a broker-dealer does not have confidence that a company's financial statements are current and accurate, especially in light of the questions raised by the SEC, then a broker-dealer may not publish a quote for the company's stock.
In contrast to OTC stocks, stocks that trade on an exchange or Nasdaq resume trading as soon as an SEC suspension ends.
posted
Thanks for sharing that info Wally. Hopefully this thing will sort itself out
quote:Originally posted by wallymac: Will trading automatically resume after ten days? It depends on the market where the stock trades. Different rules apply in different markets.
For stocks that trade in the OTC or the over-the-counter market, trading does not automatically resume when a suspension ends. (The OTC market includes the Bulletin Board and the Pink Sheets.) Before trading can resume for OTC stocks, SEC regulations require a broker-dealer to review information about a company before publishing a quote. If a broker-dealer does not have confidence that a company's financial statements are current and accurate, especially in light of the questions raised by the SEC, then a broker-dealer may not publish a quote for the company's stock.
In contrast to OTC stocks, stocks that trade on an exchange or Nasdaq resume trading as soon as an SEC suspension ends.
Anderson claimed he submitted the required docs...
SEC will review, and determine if it is sufficient. Almost certianly the SEc will ask for more information, or better clarification on whatever was submitted,,,,,you know the routine, we get eh sob stories all the time from CEO's about late filings. It's a waiting game right now...
It could go forever,,,,,,,,or we can just call the number provided to us and get the answer ourselves... I plan on doing this tomorrow.
Posts: 793 | Registered: Aug 2004
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quote:Originally posted by TruthLiesWithin: The SEC has the ultimate answer...
Anderson claimed he submitted the required docs...
SEC will review, and determine if it is sufficient. Almost certianly the SEc will ask for more information, or better clarification on whatever was submitted,,,,,you know the routine, we get eh sob stories all the time from CEO's about late filings. It's a waiting game right now...
It could go forever,,,,,,,,or we can just call the number provided to us and get the answer ourselves... I plan on doing this tomorrow.
What number will you be calling? If your calling the company number, forget it. Me and who knows how many others have called and e-mailed for weeks, if not longer, without a reply. Looking forward to hearing what you learn.
Posts: 616 | From: Mid West | Registered: Mar 2006
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posted
What happens when the ten-day suspension period ends? Will the SEC issue a statement about the status of the company after the suspension has ended? No. The SEC will not comment publicly on the status of a company when the ten-day suspension ends because the company may still have serious legal problems. For instance, the SEC may continue to investigate a company to determine whether it has defrauded investors. The public will not know if the SEC is continuing its investigation until the SEC publicly announces an enforcement action against the company.
How can I find out if the stock will trade again after a suspension? You can contact the broker-dealer who sold you the stock or a broker-dealer who quoted the stock before the suspension. Ask the broker-dealer if it intends to resume publishing a quote in the company's stock.Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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