Riley,
Riley's Post...
exchange2000.com
"I called DLJ and they confirmed that it's a bogus trade."
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If you indeed called DLJ and they confirmed that the trade for 200 shares at 50 cents was a bogus trade, then either....
1. DLJ is lying.
2. You are lying about what DLJ told you.
3. You did not call DLJ and therefore are lying about calling them.
4. The person you spoke to at DLJ was ignorant of the facts.
or
5. We have different definitions of bogus.
AND yes.....regardless of what lather you espouse.....RMIL is open for trading if and when an order is submitted, an intermediary (MM) is willing to broker the trade, and the terms of both parties (buy and sell side) are met.
You (nor PUGS) cannot have both sides of this black and white issue. The 10 day administrative halt has passed. Unfortunately, for all practical purposes the return to regular OTCBB trading will not occur until RMIL has satisfied the SEC/NASD's requirement of an accurate and timely update of the current status of the company. But, as I have pointed out and what has surely been lost in the piffle on this thread, any of us could simply enter an order to test the waters....
exchange2000.com
Everyone interested please do a quick read and let me know specifically where you misunderstand any points I made.
There are numerous sources available to confirm whether or not trading via the pink sheets has occurred. Riley, you clearly stated that the trade of 200 shares at 50 cents was bogus. I checked Discover Brokerage, Schwab, DLJ, Reuters, and various online quote services. Each confirmed that a trade of 200 shares at 50 cents did indeed occur. Additionally I received confirmation from...dare I say...Nasdaq Market Surveillance...that a trade of 200 shares at 50 cents was reported via normal channels.
Who is trying to scam whom? If an evil market maker decided to pad his/her pockets with the riches available from all these unsuspecting RMIL shareholders on such an irrelevant stock by attempting to shake their shares, what evidence can anyone provide that posting an "alleged" trade of 200 shares at 50 cents will succeed to that end? If those allegations are true, then we can certainly expect a flurry of activity of pink sheet trading as the weak RMIL longs dump their shares. Keep an eye on that one, Riley. I will double check the trading logs to save you some time.
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"WE ARE NOT OPEN FOR TRADING....yet
Call those certificates,
Riley G"
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So. My point here is....yes Mr. G, RMIL is "open" for trading if willing buyers and sellers can be matched. The problem is the illiquidity of the pink sheet market. The company HAS NO CONTROL over whether or not trading occurs via the pinks. For a healthy change, if you would throw a fact out of that psychic noggin of yours and onto this SI thread for all to consume, we could all just get along for a change. Simple enough, huh?
BTW, all you yeas are 180 off on your evaluations of Mr. Reece. Riley, you are pathetic and pathological (IMO) and may be allegedly going out of your alleged simpleton mind, allegedly.
And Angel D. What a revealing comment of yours regarding the turbin (sic).
Mark
DISCLAIMER: I understand that for some this whole charade may be for entertainment value only. My posts are directed to those who might care whether or not they lose the money they have invested in OVIS/RMIL. |
