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Legend International Holdings, Inc.’s common stock has been deleted from OTC Bulletin Board (OTCBB) effective July 23, 2012 on account of its ineligibility for quotation on OTCBB due to quoting inactivity under SEC Rule 15c2-11.
http://www.nadl.com.au/resources/i/asx_re_issue_of_shares_to_regal_280612.pdf
Why work when you can keep all investor money through who knows how many subsidaries. I hope Australia wakes up to the fact they have their own B.Madoff. Our own S.E.C is so pathetic nothing will ever be done.
It is the market maker for this stock. If you look at the amounts being bought, they are allways sold back one or two cents higher (or fractions of a cent). This is done to make it apear that their is some life here! With phos. rock falling like a rock now,it will be nearly impossible to get a deal done. Like I've said many times, we could have been selling dso for over a year,but that didn't happen?? I think they like their cush life more than making money for shareholders.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_L/threadview?m=tm&bn=64369&tid=3931&mid=3932&tof=1&rt=2&frt=2&off=1 THEY COULD HAVE BEEN SHIPPING DSO FOR OVER A YEAR,BUT I DON'T THINK THE QUALITY WAS AS REPORTED. THEIR IS NO EXCUSE FOR ALL THE MISSED DEADLINES AND FALSE PROMISES!!
Now LGDI has to come up with a good excuse as to why they have no partners or financing for the project!!! This is why they never paid the application fee in the first place. With no intention to ever develop this in the first place,only to milk investors for personal gain as the main objective, this will be fun to watch the explanation this time? If you don't believe me, watch the outcome! Your investment has been transfered to an all 100% Ausie owned subsidiary with the purpose of diluting all original investors to nothing before any thing big happens!!!!!!!!!!!!
http://www.northweststar.com.au/news/local/news/general/deja-vu-as-city-returns-mcgrady-as-mayor/2538181.aspx Legend will stall because no one wants to partner with them and no financing is available!