LOL told you nutjobs !!
LOOK at recent SEC Form 4's and you will see Insiders sold their stock !!! What does that tell you about support & copnfidence from Inside management to this compnay's future???
Days & weeks of PR pumps by them and retails keep buying in, then BAMM, Form 4's show Insiders sold at recent runup highs !! This is a TOXIC stock and TOXIC company.
I see REFG today regarding the #$%$ / medicinal usage scheme of things as I saw Spectranetics (SPNC) back in 1996 when it too was on OTC and was related to Excimer laser surgery needs, etc.
SPNC was around 15 cents then and all the Investors who bought in early and left things go over time, saw that uplist to Nasdaq exchange from OTC, and now see SPNC today trading upwards of $35.00/ share !
if this holds true for REFG today, and they get PPS above $1.00-2.00 range, they can uplist to major exchange too, and sky is the limit from there IMHO...
1:18pm / TD Ameritrade
*BZ: L&L Energy Says Company Considering 5-Day Extension to Report Earnings by Monday March 17; Cannot Confirm When Shares will be Trading Again; Company is Still Working with Nasdaq (Benzinga)
As I stated many times prior to all the bashers working here, if this had been an SEC sanctioned action or other, NONE of such statements would be put out publicly nor would any SEC filings continue to be made. There would be no reason to do so nor would any compnay continue to pay listing fees and filing fees if they were effectively "out of business".
This corp (LLEN) is still making all required SEC filings and even reiterates the re-trading of its public common stock is in play... and here again, IS making public press releases to the fact.
Here we go again.... SEC filings from yesterday shwoing Insiders selling YRCW stock now.
When will people learn and realize this is toxic and a disaster waiting to happen?
if they cared about this corp's future, why the helll are they selling their shares on this recent hyped runup again...? Always a bad sign of things to come.
This blocking of 25% of common shares or "collateral to bank" in effect, reduces MTL's float now immensely...
Mechel Reports Decision of Extraordinary Shareholder Meeting
1:30a ET March 12, 2014 (GlobeNewswire) Print
Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports that its extraordinary general shareholders' meeting approved the pledge of a blocking minority stake of common shares in Mechel Mining OAO, which comprises the company's mining assets, in favor of Sberbank of Russia OAO.
On the basis of several agreements between Mechel and Sberbank signed in December 2013, a part of the Group's debt to the bank, totaling 25.5 billion rubles (773.9 million US dollars based on the Central Bank's exchange rate as of December 20, 2013), was refinanced. As a result of this refinancing, the tenor of short-term debt to the bank was extended by 5 years with a grace period until March 2015. This refinancing involves solely the Group's existing debt and will not increase Mechel OAO's overall credit portfolio.
One of the signed agreements' requisite conditions is the pledge of a blocking minority stake of Mechel Mining OAO's common shares, totaling 25% plus one share, in favor of the bank as additional security for credit obligations of the Group's enterprises to Sberbank of Russia OAO. According to the law of Russian Federation, a pledge of shares is an interested party transaction and as such is subject to approval by a general shareholders' meeting. An extraordinary general shareholders' meeting of Mechel OAO, held on March 5, 2014, decided to approve this transaction.
Well like it or not- Putin is a strong man and leader for his country. Obama is NOT for the USA. This in itself is why the USA is becoming isolated globally by many nations today...
So what. Look at Radio Shack now soon to be gone forever. MOntgomery Wards disappeared. Once heralded as the biggest and best radio Shack closing stores and jobs lost. . Wal-Mart too. Target, others all faltering as US retail implodes and ONLY EBT users are the nromal regular shopper today...
Today's shoppers are supported from Socialist programs and ideas. Yesterday's shopeprs were 80% middle class who worked hard when the USA was an industrial/manufacturing powerhouse- now all that is overaseas.
Those are your retail shopper numbers, as all US retail has done badly and is doing worse overall- and mainly benefits from the monthly EBT users today sadly... So those of us working harder than ever, have an Administration supporting laziness and complacency, and more and more people refuse to work and live off EBT funds supplied by those of us working.
Would not be surprised here...
SA already involved in investigations they along with GeoInvesting collaborated to establish naked shortsell positions through certain brokerages to destroy stocks and profit quickly by--- One such recent Nasdaq halt was for LLEN because of this and many Investor complaints. Other corps too have been victims of SA's antics...
I agree here too. Makes no sense to see this action of late. Earnings due anytime now... They beat last time remember.
So many things set into motion here, and in lieu of this industry itself, would not be first time I watched an OTC move higher, register with SEC to uplist to major exchange, and go to much higher levels.
SPNC was one such specialty type medical device stock that did. I see this potential here too. Owned SPNC in 1996 around 15cents then. Today it trades around $31.00 on Nasdaq.
What gets me, is if this company and its stock is forever gone from civilization, WHY THEN, are there countless 24/7 posters ranting and bashing this to death as they are??? If it is gone & dead, then it is. Who cares, right?
Do they not have any lives out there or anything to do with their time than to constantly slam this stock in here as being gone forever and dead...?