Bona Vista
12年前
Looks as if IRIDQ has finally stopped trading, nothing seen for days and don't you think it was about time.
Hopefully the 2500 shares I couldn't sell, will now be taken as a tax loss for 2013.
Why I or anyone else could have invested in this company over the last few years were crazy, a bankrupt company with no cash, never news, no business per say and no investors, what else did we expect to happen?
Anyway, I believe it's all over and we can finally forget IRIDQ forever and ever, RIP!!!!!!!!!!!!
Bona Vista
12年前
Don't get excited with yesterday's PPs move,IRIDQ is still on the grey list so whatever goes on means nothing.
I believe the MMs, are just playing games to create a false sense of making investors think that something is going on.
IMHO, nothing is happening since IRIDQ is bankrupt, NO cash and for sure NO investors who would BUY a single share in this company.
I am sure by the end of week or next, you will see the PPs back to .0001 on 100 shares, IRIDQ is a joke and perhaps there are 5-10 people still holding.
There is NO miracle that can save this company other then a tax loss !!!!!!!!!
Bona Vista
12年前
Please,when will they finally remove IRIDQ from trading, they're bankrupt, have NO investors, NO cash, basically NO trading and NO real BID-ASK????
Please, enough is enough with this company, most everyone is gone and I'm sure there can't be more the 5 shareholders, unfortunately I'm 1 of those 5 but only hold 1,000 shares.
SOOOO happy I got rid of the rest when it was still trading, sold it at .015, that will never be seen again for sure.
sevenOdouble
12年前
Hi, I never traded a stock on the Grey's before and with the SEC suspension one of my stocks is going to trade on the Grey's. Since this stock also trades there I was wondering if you, or someone else could give me some answers about this market, and more specific about trading.
Is it true that trades go thru ad random?
Lets say someone puts a bid in for 100k shares at 0.50, and someone else want to sell a 1000 shares at 0.001, is this possible, or do orders get handled from the highest bid, and if there is a lot of bid whacking then they might get to those 1000 shares sell order?
Bona Vista
12年前
Come on, there must be someone out there that can answer my question, why hasn't IRIDQ been delisted by now?
When and if it does trade, nothing ever changes so I just can't figure why IRIDQ is still around, I'm sure most if not all shareholders are gone.
Personally, I believe the company is already a thing of the past!!
Renee
12年前
SEC Suspensions for all stocks are for ten trading days. The SEC then directs that NO Market Maker can make a market for a suspended stock after the Suspension ends, which places a stock on the Grey Sheets after the ten day Suspension ends.
Stock holders and stock buyers can still buy and sell but there are NO quotes, ie., no bids and no asks and no display of how many shares are being put up for buys or sells. Grey Sheets is technically a blind market for previously suspended stocks.
IRIDQ has traded 37,000 shares since the end of the SEC Suspension which is a pittance compared to the trading volumes prior to the Suspension.
FWIW, unless IRIDQ files all delinquent Financials and updates their corporate information the stock's registration WILL be revoked in the near future.
Bona Vista
13年前
I have been a shareholder in IRIDQ for a number of years, I have a very good feeling that this year could be the one that begins a very significant upward move.
With the share structure at 19.7 million and tightly held at this time, any type of positive news has the potential of driving the PPs to $1.00 if not higher.
I have always considered this company even though in bankrupcy, one with great potential with the possibility of merging with another company, or finding capital investors.
Not many people are aware of this company, and will unfortunately miss out when those that do begin their buying, taking the price to much higher levels.
Kev2128
13年前
Iridium World Communications Ltd. is a limited liability company that acquires, owns and manages the Iridium communications system. The Company's subsidiaries include Iridium Operating LLC, Iridium Capital Corporation, Iridium Roaming LLC, Iridium IP LLC, and Iridium Facilities Corporation. Iridium offers its customers the ability to make and receive phone calls and receive pages virtually anywhere in the world. Iridium accomplishes this by providing access to the Iridium satellite constellation as well as the world's cellular networks, all with one phone, one phone number and one customer bill. Iridium believes it will be the only wireless telecommunications company in operation well into the year 2000 that will be able to offer this comprehensive global communications service. As of February 29, 2000, the Company was in Chapter 11 Bankruptcy proceedings.