ksa2005
عضو نشط
- التسجيل
- 24 سبتمبر 2004
- المشاركات
- 328
ALL SHAREHOLDERS READ ___ UCAD __ SHAREHOLDERS READ_-
==HERE is What happenned to me- With UCAD DIVIDEND..
USE THIS AS A LESSON..
OK I received 9.6 shares of UCAD for every 1 million shares of CMKX i held on August 20th..
I sold CMKX in September since i held past the record date, and Some time in October After the October 6th date but not on i received 96 Shares of UCAD For every 10 Million shares of CMKX i Held..
NOW
That was after calling over and over,, WHERE ARE MY SHARES, WHERE ARE THEY. FInally i got them..
BECAUSE things were not adding up,
I DECIDED TO SELL MY SHARES OF UCAD
I SOLD THEM THE DAY I RECEIVED THEM..
I Then got a phone call from my broker telling me I HAD A SHORT POSITION ON UCAD.. NOW LET ME ADD-- THIS IS A CASH ACCOUNT,, NOT A MARGIN ACCOUNT.
I SAID HOW THE HELL AM I SHORT-- I Dont Trade on Margin..
They said You sold UCAD..
I said YEA SO ===
Whats the problem..
They told me,, WELL UCAD TOOK BACK THE SHARES..
They Gave you the Wrong Shares and the right Shares are in your account.
I Said what the hell is that supposed to mean.
They gave me shares i SOld them..
They go
Yea they gave you COMMON SHARES ON ACCIDENT..
I SAID ALRIGHT SO Thats their problem..
THEY SAID-- Your supposed to have RESTRICTED SHARES, THAT CANT BE SOLD FOR the Specified time, Which im still unaware of TIME FRAME..
SO I SAID ==
What do i have to do..
They said you need to go buy back the Common Shares in the OPEN MARKET in order to close your position..
I TOOK A HEAVY COMMISSION LOSS AND $2.00 A share loss for difference...
I SCREAMED.. SAYING WHY THE HELL DO I HAVE TO PAY FOR A MISTAKE THAT IS NOT ON MY END..
THEY SAID TAKE IT UP WITH THE COMPANY..
BUT IT HONESTLY WAS NOT WORTH IT.
SO I just bought back my shares, and I have RESTRICTED SHARES IN MY ACCOUNT STILL.. AFTER CLOSING MY POSITION ON THE COMMON SHARES....
THIS HAD TO OF HAPPENED TO 100's of Shareholders..
I was PISSED LIKE HELL AT THE TIME.
BUT THIS COULD BE THE REASON FOR THE HALT..
IM THINKING ALOT OF PEOPLE MUST HAVE NEGATIVE POSITIONS IN THEIR ACCOUNTS< AND SOMEONE GOT PISSED OFF AND FINALLY SPOKE OUT.
BUT --
OVERALL CONCLUSION..
YES THE COMPANY MADE A MISTAKE AND GAVE THE WRONG SHARES.
BUT..
DID THEY DO IT TO HELP SHAREHOLDERS ACHIEVE INCREASED SHAREHOLDER VALUE.
KNOWING THEIR MIGHT BE A HUGE SHORT POSITION ON THE STOCK ALREADY....
THIS IS SOMETHING THAT WAS A PERSONAL EXPERIENCE>
REVIEW THIS POST>
AND IM STATING EVERYTHING I SAY IS MY OPINION-- For disclosure purposes.. This may only of happenned to me, i have no idea... Maybe i was the UNLucky Exception in this case...
SO THE SHORT THEORY DEFINATELY MAKES SENSE NOW..
SOMEONE MUST OF ROSE A READ FLAG, AND IF THIS COMPANY IS THE REAL DEAL< AND ALL UNCERTAINTIES ARE REMOVED FROM THE STOCK, WHEN SEC LIFTS INVESTIGATION AND CLEARS THIS COMPANY-- IT COULD POP UP BIG IN PRICE.
BECAUSE PEOPLE HAVE THOUGHT IT MIGHT BE A SCAM ALL ALONG AND REFUSED TO INVEST IN THE COMPANY..
SO NOW-- That THE SEC IS ON OUR SIDE---
ALOT OF UNCERTAINTIES WILL BE REMOVED IN A SHORT PERIOD OF TIME..
IM PRAYING THIS COMPANY IS WHAT THEY SAY AND THEN SOME.
I WOULD LOVE TO SEE A HUGE SURGE IN PRICE WHEN THE SUSPENSION IS LIFTED>...
==HERE is What happenned to me- With UCAD DIVIDEND..
USE THIS AS A LESSON..
OK I received 9.6 shares of UCAD for every 1 million shares of CMKX i held on August 20th..
I sold CMKX in September since i held past the record date, and Some time in October After the October 6th date but not on i received 96 Shares of UCAD For every 10 Million shares of CMKX i Held..
NOW
That was after calling over and over,, WHERE ARE MY SHARES, WHERE ARE THEY. FInally i got them..
BECAUSE things were not adding up,
I DECIDED TO SELL MY SHARES OF UCAD
I SOLD THEM THE DAY I RECEIVED THEM..
I Then got a phone call from my broker telling me I HAD A SHORT POSITION ON UCAD.. NOW LET ME ADD-- THIS IS A CASH ACCOUNT,, NOT A MARGIN ACCOUNT.
I SAID HOW THE HELL AM I SHORT-- I Dont Trade on Margin..
They said You sold UCAD..
I said YEA SO ===
Whats the problem..
They told me,, WELL UCAD TOOK BACK THE SHARES..
They Gave you the Wrong Shares and the right Shares are in your account.
I Said what the hell is that supposed to mean.
They gave me shares i SOld them..
They go
Yea they gave you COMMON SHARES ON ACCIDENT..
I SAID ALRIGHT SO Thats their problem..
THEY SAID-- Your supposed to have RESTRICTED SHARES, THAT CANT BE SOLD FOR the Specified time, Which im still unaware of TIME FRAME..
SO I SAID ==
What do i have to do..
They said you need to go buy back the Common Shares in the OPEN MARKET in order to close your position..
I TOOK A HEAVY COMMISSION LOSS AND $2.00 A share loss for difference...
I SCREAMED.. SAYING WHY THE HELL DO I HAVE TO PAY FOR A MISTAKE THAT IS NOT ON MY END..
THEY SAID TAKE IT UP WITH THE COMPANY..
BUT IT HONESTLY WAS NOT WORTH IT.
SO I just bought back my shares, and I have RESTRICTED SHARES IN MY ACCOUNT STILL.. AFTER CLOSING MY POSITION ON THE COMMON SHARES....
THIS HAD TO OF HAPPENED TO 100's of Shareholders..
I was PISSED LIKE HELL AT THE TIME.
BUT THIS COULD BE THE REASON FOR THE HALT..
IM THINKING ALOT OF PEOPLE MUST HAVE NEGATIVE POSITIONS IN THEIR ACCOUNTS< AND SOMEONE GOT PISSED OFF AND FINALLY SPOKE OUT.
BUT --
OVERALL CONCLUSION..
YES THE COMPANY MADE A MISTAKE AND GAVE THE WRONG SHARES.
BUT..
DID THEY DO IT TO HELP SHAREHOLDERS ACHIEVE INCREASED SHAREHOLDER VALUE.
KNOWING THEIR MIGHT BE A HUGE SHORT POSITION ON THE STOCK ALREADY....
THIS IS SOMETHING THAT WAS A PERSONAL EXPERIENCE>
REVIEW THIS POST>
AND IM STATING EVERYTHING I SAY IS MY OPINION-- For disclosure purposes.. This may only of happenned to me, i have no idea... Maybe i was the UNLucky Exception in this case...
SO THE SHORT THEORY DEFINATELY MAKES SENSE NOW..
SOMEONE MUST OF ROSE A READ FLAG, AND IF THIS COMPANY IS THE REAL DEAL< AND ALL UNCERTAINTIES ARE REMOVED FROM THE STOCK, WHEN SEC LIFTS INVESTIGATION AND CLEARS THIS COMPANY-- IT COULD POP UP BIG IN PRICE.
BECAUSE PEOPLE HAVE THOUGHT IT MIGHT BE A SCAM ALL ALONG AND REFUSED TO INVEST IN THE COMPANY..
SO NOW-- That THE SEC IS ON OUR SIDE---
ALOT OF UNCERTAINTIES WILL BE REMOVED IN A SHORT PERIOD OF TIME..
IM PRAYING THIS COMPANY IS WHAT THEY SAY AND THEN SOME.
I WOULD LOVE TO SEE A HUGE SURGE IN PRICE WHEN THE SUSPENSION IS LIFTED>...