posted
Sherri...there's a 3 day settlement time for all stocks...and we sold it only the day before the halt...so it wasn't 3 days...Yes it sucks...but not a damn thing we can do!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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posted
but 10, the issue is, we don't have the shares OR our money. If someone esle has our shares, then we should have their money, if the someone else still has their money, than WE shoudl still have our sahres. They can't have it both ways. just doesn't make sense.
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quote:Originally posted by 10of13: Sherri...there's a 3 day settlement time for all stocks...and we sold it only the day before the halt...so it wasn't 3 days...Yes it sucks...but not a damn thing we can do!
Oh I know the part about three days BUT a halt on trading is usually not a halt on settlement....think about CSHD? This is really a rare circumstance....even ChoiceTrade was talking about that aspect of it.
-------------------- Study before you buy, Sell before you think about it....
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posted
TORONTO -- (MARKET WIRE) -- May 07, 2007 -- Select American Stock Transfer announced today a corporate restructure of its ownership and executive management following recent allegations involving a former client of the firm.
Select American Stock Transfer was acquired by FJ Consultants Inc., a consulting firm wholly owned by Jackie Rossel, who will take on the role of President at Select American Transfer effective immediately and whereby Mr. Nathan Rogers has resigned from all offices held at the company. The company has also begun the process of relocating its offices to the TD Canada Trust Tower on Bay Street in Toronto as well as changing its name to Fairross Stock Transfer Company. The move is expected to be completed within the following 3 weeks.
The company has also immediately implemented a series of new control and compliance measures to assure the utmost standards in securities transfer and registrar as well as the implementation of a secured online transfer platform, which will enable issuer clients to receive shareholder list, control logs and many other important reports on a real-time basis.
Highlighted Links The MacReport.Net
Fairross Stock Transfer
"We are very satisfied with the transition and we will continue to service our clients without any interruptions and with the superior customer service they expect," said Jackie Rossel, President of Select American Transfer. "We will be contacting all of our clients over the next 3 weeks to not only reassure them on a smooth transition, but to also begin a review of all outstanding files and pending issues," further added Ms. Rossel.
-------------------- If ignorance is bliss, why aren't more people happy?
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posted
wow think it'll really be a while until we see something happen here. I really hope damages are being sought after for this... Select is SO guilty!! This P/R confirms shady actions on their part, but what the heck happens from here?? I'd like most if not all my money back here please. I have a huge profit tied up.....
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posted
Did anyone notice this yesterday? I was gone most of the day so I didn't. Is the TELA deal still a possibility for BHUB? If so, this still doesn't cover the shares they need does it? What the crap is the PPS going to look like after the split but before the BHUB deal? .10 now so .01 after and .0001 after the BHUB thing??? Am I being to pesimistic?
JENSEN BEACH, Fla., May 16, 2007 /PRNewswire-FirstCall via COMTEX/ -- Techlabs, Inc. (OTC Pink Sheets: TELA.PK) today announced today that its Board of Directors has declared a ten-for-one forward stock split of its issued and outstanding common stock. The record date for the forward split will be May 31, 2007 and the anticipated effective date will be June 1, 2007. Techlabs will provide supplemental information as to the new CUSIP number as the effective date of the forward stock split nears. Techlabs is a developer of emerging businesses. The Company recently reported that it reached an agreement in principle to license the Storm Depot International name logo and related materials from Eline Entertainment Group, Inc. (Pink Sheets: EEGI). This agreement represents the development of a business strategy whereby Techlabs, Inc. through a wholly owned subsidiary, will begin to market the Storm Depot concept through a franchise system.
For further information regarding the company, contact Techlabs, Inc. at (267) 350-9210.
This press release contains forward-looking statements, some of which may relate to Techlabs, Inc. and which involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Techlabs, Inc.'s filings with the Securities and Exchange Commission.
-------------------- If ignorance is bliss, why aren't more people happy?
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quote:IN THE MATTER OF JASON WONG, DAVID WATSON, NATHAN ROGERS, AMY GILES, JOHN SPARROW, KERVIN FINDLAY, LEASESMART, INC., ADVANCED GROWING SYSTEMS, INC., PHARM CONTROL LTD., THE BIGHUB.COM, INC., UNIVERSAL SEISMIC ASSOCIATES INC., POCKETOP CORPORATION, ASIA TELECOM LTD., INTERNATIONAL ENERGY LTD., CAMBRIDGE RESOURCES CORPORATION, NUTRIONE CORPORATION AND SELECT AMERICAN TRANSFER CO
posted
hopeably, attention from reg authorities will help free up your funds...not timely, unfortunately, but perhaps eventually... ask for interest, too...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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quote:As BigHub and Select American were blasting away at each other, the Depository Trust Company (DTC), the U.S. behemoth with subsidiaries that provide essential market services such as clearing, lumbered into action.
On April 11, the DTC issued a notice that it was suspending all services with the exception of custody services for BigHub and warned its participants "to take whatever precautions are necessary to protect themselves and their customers."
That effectively brought an end to trading in BigHub shares, but the National Association of Securities Dealers (NASD) followed up with its own trading halt on April 12.
While the trading at least temporarily stopped on April 11, the BigHub drama continued.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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quote:Originally posted by thesource: So whats the deal with this huge steamy pile of dung ???
short answer--did you read the article?--is everything's up in the air... Not clear that Yucatan is rightful owner, less clear Wong/Sparrow entities have been up to. It *needs* investigating...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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posted
Thanks for the reminder. I'm going to try to make a phone call or two today and see if I can get any info. In particular, how, and for how long can they hold the money that I made when I sold the day before the halt, that they said didn't settle in time. Wondering how they can keep my shares AND money...
I'll also try to figure out if there's any estimated timeframe for things to proceed.
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