No Trades Today... But... The year high and the year low are only 1.5 cents apart,, so Some of us at the investment club are wondering if the big cross-trades yesterday was just doing dirty laundry, or switching years profits to losses, but at almost 3 million shares, they must have had some big profits somewhere. ???
Note: year low is .002, so thats the market maker playing games
Effective as of
November 15, 2010, the Common Stock of Rahaxi, Inc. (Pink Sheets: RHXI) was determined to be no longer eligible for quotation on the OTC Bulletin Board due to our failure to timely file our Annual Report on Form 10-K.
However, prior to such date, our Common Stock was already being quoted on the Pink OTC Markets or "Pink Sheets." We anticipate that the market makers that are currently using the Pink Sheets to facilitate the trading of our Common Stock will continue to do so. The symbol for our Common Stock remains "RHXI", with the "e" removed, as it is no longer being quoted on the Bulletin Board.
We are continuing our efforts to prepare, finalize and file our Annual Report on Form 10-K for the fiscal year ended June 30, 2010. However, there can be no assurances when we will be able to file the Annual Report.
Despite the late filings, the company continues to focus on the daily execution of its business and continues to provide its customers and distributors with the highest level of service. The company continues to write new business through its operations in Finland and the Dominican Republic and remains committed to meeting its customers' needs. The company will provide an update on both new and existing business operations in the coming weeks.
About time they issued an Annual Report