Pop3 Media Corp. (fka POPT)

[jimmybob]

BOARD http://investorshub.advfn.com/boards/board.aspx?board_id=3555


Reverse Merger Rumor

Before January 31st, 2009 POPT was a shell company held by Ari Bass(http://www.spbpartners.com/team_aribass.htm). The company had filed a15-12g on Feb 16th, 2006(http://pinksheets.com/edgar/GetFilingHtml?FilingID=4210244) which means they would stop being a fully-reporting company. Last news from the company was in September of 2007, saying they were re-launching operations. (http://www.sys-con.com/node/425393). There has been no new news since. Last 12 months or so, Pinksheets.com has had an “unable to contact issuer” disclaimer on the company info tab. During this time Ari Bass took another shell SLVO and reverse merged with another company in January of 2008m SLVO then ran from the .000 level to .14! Check the 2nd circled bottom on the chart:


This reverse merger happened without a R/S!
On January 31st, 2009, PinkSheets.com removed the “unable to contact issuer: disclaimer on the company info tab for POPT.

Then on February 3rd, 2009, Pinksheets updated the company info tab again by changing the industry class to mining, updating the float/OS/AS, and showing 7 employees!



The on February 4th, 2009, the Mining industry class was changed back to motion picture and video production, and business description was changed back. (
Thanks to Abengoma(http://investorshub.advfn.com/boards/profile.asp?user=94847) for getting this info. I emailed pinksheets last night and this was the response:
Mr. [Jimmybob],

We received a company update form from the company in late January with new contact information for the company. After verifying the information the ‘Unable to Contact’ disclaimer was removed on January 27th, 2009 and the new information began displaying .on pinksheets.com.
Best regards,
Ed McCann
Issuer Services
Pink OTC Markets Inc.

What does that mean folks? It means we quite possibly have a reverse merger happening here very very soon! While doing some DD this morning on Pink Sheets, I noticed the SOS default statement on the left side of the company info tab


This afternoon that default statement is gone!?!?!?( http://pinksheets.com/pink/quote/quote.jsp?symbol=popt). I wouldn’t be surprised to see the NV SOS out of default status shortly.

CHART



POPT has been trading under .0006 since middle 2007! Monday was the first day this stock has seen .0007 in a long long time[9-27-2007]! We need to throw out the window all the normal charting to get a good grasp of the next resistance. I grabbed a 4 year chart and that gives a better perspective. .0006 seemed like tough resistance, since it would touch but never break over the last year. We broke that on Monday, so that is our new support. Next resistance looks like .0016, then .0023. As always, trade smart! MM’s will always try to shake the weak by playing games such as: keeping wide spreads, walking the ask down below the last buy, giving you a partial fill(5k or so) and UT’ing the ask. Patience pays!!!! It looks like there are a few GTC sell orders out there probably set months ago. Might provide a little resistance as well.

I am sure there will be more in the coming days. Remember, don’t get greedy. Take your profits, and if you do, be kind and do it at the ask! Thanks!