Remote Dynamics Inc (RMTD)

[Ace Trader]

post by Vaporman

I have gone through the entire trade volume since 2009 to analyze the trade volume and determine what the current share structure is. The outcome is that the current share structure is the following based on the numbers.

http://finance.yahoo.com/q/hp?s=RMTD&a=06&b=6&c=2006&d=10&e=16&f=2014&g=d daily

http://finance.yahoo.com/q/hp?s=RMTD&a=06&b=6&c=2006&d=10&e=16&f=2014&g=m monthly

From 9/1/2009 to 10/12/2011 (where volume stopped dead) there was only 1,708,157,000 shares traded.

From 3/11/13 (when volume started to actively trade again) to present there has only been 8,763,479,300 shares traded.

Combined shares traded between 9/1/2009 to present is 10,471,636,300 which this is the float. Obviously shares traded hands multiple times during the time period so just shows that this is the max.


10,575,865,582 shares outstanding as of Sept 20, 2009 filing (which is still what the current float is based on the volume of trades)
18,756,355,556 additional shares converted to common (but bound by rule 144 so they cannot be sold into the market)
29,332,221,138 total shares outstanding (but the 18,756,355,556 cannot by sold by the former directors per rule 144 sine there are no current information available since Feb 2010)

Definition of float:
The float represents the shares of the company that are "freely" tradeable. Meaning, the shares other than those held by institutions or other owners totalling more than 5% of the company, restricted shares and insider holdings.

This was comprised of the last filing on page 19 and 20 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6889638

On September 8, 2009, a holder of our Series B Notes agreed to convert $1,688,032 of obligations due under the notes into 18,756,355,556 shares of our common stock. This conversion represents an issuance price of $.00009 per share. On November 6, 2009, we completed this transaction and issued 18,756,355,556 common shares in full satisfaction of $1,688,032 of obligations under the notes. We expect to issue additional shares of our common stock in payment of amounts due under the notes during the remainder of 2009 and thereafter. In general, the shares issued are available for immediate resale by the holders in accordance with Rule 144 under the Securities Act of 1933, as amended. These shares were issued in accordance with the original note terms and no gain or loss on conversion is necessary.

The 18,756,355,556 shares that were converted to a holder (most likely Walters) never hit the market based on the trade volume and were not sold into the market per rule 144 as of the date they went dark Feb 2010.

Only 293,253,000 shares were traded between Nov 13th 2009 and Feb 26th 2010 so no shares were dumped on the market by them and no filings disclosing per 144 were ever filed.

DEFINITION of 'Rule 144'

A Securities and Exchange Commission rule that sets the conditions under which restricted, unregistered and control securities can be sold. These are the five conditions that must be met for these securities to be sold:

1. The prescribed holding period must be met.
2. There is an 'adequate' amount of current information available to the public regarding the historical performance of the security.
3. The amount to be sold is less than 1% of the shares outstanding and accounts for less than 1% of the average of the previous four weeks' trading volume.
4. All of the normal trading conditions that apply to any trade have been met.
5. If wishing to sell more than 500 shares or an amount worth more than $10,000, the seller must file a form with the SEC before the sale.

Per the DEF14C dated Oct 13, 2009 the former officers owned 23,402,122,950 which has not been sold on the market per trade volume. See last page for chart.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6836388


Here is some more great DD for those who have not seen it.

https://docs.google.com/file/d/0B2fwDDtH5fyFVXNWdHFmS1E4TTQ/preview?pli=1



Do your own DD. I do mine. Follow me @stocklordz for more info.