sunspotter
9 years ago
"How can saving Hundreds of THOUSANDS of Dollars a year be bad?"
First of all, hundreds of thousands of dollars a year is a gross exaggeration, and even the incremental cost of not going dark assumes that a company doesn't have to audit its accounts if it chooses to be a non-SEC filer.
But that's not true, of course - any decently run business, whether SEC reporting or not, should produce accurate quarterly accounts and audited annual accounts - they owe the shareholders nothing less, and indeed no sensible person would invest in a company that did anything less.
The incremental cost of filing is actually quite low if those basic accounts are already prepared.
But the real reason that going dark is very very bad indeed for retail investors is, of course, exactly the real reason that the crooks behind such scams choose to go dark:
So they can rape and pillage those same retail shareholders behind a cloak of darkness and secrecy, while penny stock pimp groups (like that headed by notorious Pink Sheet penny stock promoter Hans Brost of PTOI infamy) generate volume for their paymasters to dump their free stock into.
Make no mistake, dark penny stocks are simply a means to conduct criminal activity and should be delisted, suspended and revoked by definition.
jamarketing
9 years ago
It would seem that Zardiw, is new to MKRO and the BS that has surrounded this company for several years now.
1) As Sunspotter mentioned, going dark is never good, they can do whatever they want with the shell now without any oversight or need to inform the SEC or the shareholders.
2) Restricted paper can only be converted to free trading if the company is current in all its filings, which if you had done your DD you would see that they are not. I have opinion letters dating back 3 years now, which are about as worthless as this stock.
3) Exciting things going on in the background, whose payroll are you on to try and sugercoat this pile of crap?
sunspotter
9 years ago
Whoops:
"Termination of Registration of a Class of Security Under Section 12(b) (15-12b)
Date : 02/25/2015 @ 2:49PM
Source : Edgar (US Regulatory)
Stock : Monkey Rock Group, Inc. (PN) (MKRO)
Quote : 0.03 0.0 (0.00%) @ 2:05AM
Termination of Registration of a Class of Security Under Section 12(b) (15-12b)
Tweet PrintAlert
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number 001-15165
MONKEY ROCK GROUP, INC.
(Exact name of registrant as specified in its charter)
2929 EAST COMMERCIAL BLVD., PH-D, FT. LAUDERDALE, FL 33308 Tel: 954-440-4678
(Address, including zip code, and telephone number, including area code,
of registrantβs principal executive offices)
COMMON
(Title of each class of securities covered by this Form)
None
(Titles of all other classes of securities for which a duty to file reports
under section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:
Rule 12g-4(a)(1)
ü
Rule 12g-4(a)(2)
Rule 12h-3(b)(1)(i)
Rule 12h-3(b)(1)(ii)
Rule 15d-6
Approximate number of holders of record as of the certification or notice date: 74
Pursuant to the requirements of the Securities Exchange Act of 1934 MONKEY ROCK GROUP, INC. has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.
Date: 25 FEBRUARY 2015
By:
/s/ TIMOTHY HART
TIMOTHY HART - CFO
Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the General Rules and Regulations under the Securities Exchange Act of 1934. The registrant shall file with the Commission three copies of Form 15, one of which shall be manually signed. It may be signed by an officer of the registrant, by counsel or by any other duly authorized person. The name and title of the person signing the form shall be typed or printed under the signature."
jamarketing
10 years ago
The Dents are trying to ruin us all
It would seem that Dent & Son have entered into litigation with TBG holding in the name of greed. Instead of allowing TBG to carry forth and create some value for ALL OF US STOCKHOLDERS, the Dent's have decided that needed more money under the table and instead of allowing things to go forth naturally have locked up this whole transaction in a Florida court.
I suggest all stockholders of COMCAM & MONKEYROCK to contact the attorneys for the Defendants and inform them that we stand behind them and that any further action or interference by Dent & Co will only further negatively affect the company, its value, its attractiveness to future acquisition and ultimately the money that we have all invested into this company.
Link to docket page
MONKEY ROCK GROUP, INC et al v. TBG HOLDINGS CORP. et al
Defendant: John H. Marino, Sr., Ned L. Siegel, Wayne August, CONTINENTAL RAIL CORPORATION, TBG HOLDINGS CORP., John H. Marino, Jr., Laurence Coe, Timothy S. Hart and Neil Swartz
Plaintiff: Matthew Dent, John A. Dent and MONKEY ROCK GROUP, INC
Case Number: 0:2014cv60156
Filed: January 21, 2014
Court: Florida Southern District Court
Office: Ft Lauderdale Office
County: Broward
Referring Judge: Alicia O. Valle
Presiding Judge: Robert N. Scola
Nature of Suit: Stockholders Suits
Cause of Action: 28:1332
Jury Demanded By: Plaintiff
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Defendant: John H. Marino, Sr.
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Defendant: Ned L. Siegel
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Defendant: Wayne August
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Defendant: CONTINENTAL RAIL CORPORATION
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Defendant: TBG HOLDINGS CORP.
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Defendant: John H. Marino, Jr.
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Defendant: Laurence Coe
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Defendant: Timothy S. Hart
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Defendant: Neil Swartz
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Plaintiff: Matthew Dent
Represented By: Eric Nissim Assouline
Represented By: Daniel J. Voelker(Designation Retained)
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Plaintiff: John A. Dent
Represented By: Greg Matthew Popowitz(Designation Retained)
Represented By: Eric Nissim Assouline
Represented By: Daniel J. Voelker(Designation Retained)
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Plaintiff: MONKEY ROCK GROUP, INC
Represented By: Daniel J. Voelker(Designation Retained)
Represented By: Greg Matthew Popowitz(Designation Retained)
Represented By: Eric Nissim Assouline