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Look at the bright side. At least we have visual remote.
lol lol lol
AC .. I don't read stock charts enough to be an expert in them myself. Don't worry about posting what you think. It provokes discussion and we all learn something at times. glty
Okay, I spoke too soon. Unfortunately I am not trained to read stock charts, so I thought all this volume was for the buy back. Either way we should get some update in the next couple of weeks.
Looking at the Accumulation line indicator, I would say it's 99% sure they haven't started the buy back, but what are they waiting for? Price is right...lol
agreed ragsisme.....I dont think they have started.....
Based on the PR about the buyback:
"Advanced Technetix, Inc. (Pink Sheets:AVXN - News) announced today that it has entered into preliminary agreements with five of its larger investors to reacquire some of the company's outstanding stock. Through this plan, Advanced Technetix would reacquire, collectively, in excess of 80,000,000 shares. The company anticipates reaching definitive agreements to reacquire such shares before the end of January. This program would immediately reduce the float by approximately 42% and reflects management's confidence in both the near- and long-term prospects for Advanced Technetix.
If they in fact are reducing the float and not just the OS, then I am not sure they have started yet. Seems the impact would have been a little more positive. Guess we wait for a couple of weeks to see what they have done.
Seem like volumes are back to normal, about 66K here @ noon. Past couple days it been over 500-800K. Seem like the buy backs may have come to a close. Now hopefully once this is complete we can get some news about contracts.
thanks for the explanations....
thanks Rags...I hadnt reviewed the PR....I will look forward to it!!!!
Jabber, they stated that they would get their agreements in order by the end of January but they gave themselves 30 days to PR more about the details. That gives them til ~Feb 16th. So, I'll just look for something by the end of February to cut them some slack.
rags
ragsisme....what do you think of the PR from the company about the 80mil share buyback....they said by today they would PR how that will happen.....thoughts?????
AC,
Restricted shares are part of the OS but not part of the float. The incinuation here is that 175 mil shares are restricted from trading at this time. Leaving 190 mil in the float. I am not attesting for the numbers, only explaining how that would work. gl
AC I wouldnt put to much credence into pinksheets info...the share stucture as is posted on board is
Share Structure...
Outstanding Shares: 365 million
Approximate float 175 million
that should help that figure look more reasonble....Outstanding shares float plus restricted shares not for sale to general public..... the float consists of shares available for public trading!!!!
Can someone explain the difference between
Authorized shares, and outstanding shares.
on pink sheets.com the authorized shared for avxn is 400 000 000 and the outstanding is 365 000 000. But according to their last press release, they will reaqcuire about 80 000 000 shares reducing the float by 42% meaning it was originally at about
190 000 000. So are the out standing share 365 mil or 190 mil. A bit confused. If any one can shed some light on this issue it will be apprecaited.
I see....have any thing more substanial to say than you believe its going to .2......PM me.....I can keep a secret!!!lol
Hey jab it's totally natural. People's tune changes by the hour sometimes. But anyhow what i was saying?
Yeh now i remember. Anyone who bought this POS is stock with it for a verrrrry long time, or can sell it really soon over $.20 cents.
lol lol lol--- go fgure.
ewan???????man , did your tune change....whats up with that
ok boys and girls.
get ready for an upside expolsion sooner than you think.
when the movement starts a lot of you will be regreting selling too early.
AVXN is poised to deliver.
Who knows, maybe he has one of those trick hats or one of those lapel flowers that shoots water in your face.
I'll take him Rags, he's gotta help, cant hurt
Advanced Technetix Appoints Wall Street Veteran Larry Snyder to Board of Directors
Wednesday January 24, 9:30 am ET
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Advanced Technetix, Inc. (Pink Sheets:AVXN - News) announced today that the Company has appointed distinguished Wall Street executive, Larry Snyder, to its Board of Directors.
ADVERTISEMENT
Over his 30 year career in finance, Snyder, who now serves as a Managing Director at the Capital Group LLC, based in Stamford, CT, has held senior executive positions at various Wall Street firms, including Refco, Pali Capital and Merrill Lynch (NYSE:MER - News), where he directly oversaw administration of corporate and union pension securities portfolios exceeding $100 billion.
George Stevens, Advanced Technetix's Chief Executive Officer, said, "We are pleased that Larry Snyder will be advising us. His interest in and his willingness to take an active and participatory role in building the future of our Company is extremely important to our business plan and our future."
Snyder served on the Washington State's Business School Board for over fifteen years and on the Eton Technical Institute's Board of Directors for 12 years. His professional licenses include Series 3, 6, 7, 24, 26 and 63. He majored in finance at Montana State University and at Washington State University.
About Advanced Technetix, Inc.
Advanced Technetix is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of Digital Communications, Entertainment-related services and specific consumer electronics platforms.
Advanced Technetix's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" (voice, video and data) and "Quadruple Play" (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Advanced Technetix, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
Advanced Technetix, Inc.
Bruce Palmer, 310-734-4254, ext. 105
www.advancedtechnetix.com
--------------------------------------------------------------------------------
Source: Advanced Technetix, Inc.
if i was on the clock i would love it!!!! a couple extra bucks=shares in my back pocket if you know what i mean....dont worry its coming ;)
I think I got that from pooh bear ... eom
rags: what a yogiism
"We'll see news when we see it"
just having fun.
Magillicutty you are on the clock for this pr thats you say is coming...tick tick...just having fun
Good luck to you and all
Boomer
We'll see news when we see it. This company is due though, that's for sure.
ipod tech accessories are not a fad... this is here to stay and it is changing the world!!!!!!!
everybody is starting to talk about this company. There have recently been stories done about avxn on both cnn and headline news. NOBODY knows about the stock yet... until now.
i believe this is a once in a lifetime opportunity.
research this company immediately and make your own investment decisions.
Huge news coming this week...stay tuned!!
NO IM TELLING YOU WHAT I KNOW AND HAVE HEARD THROUGHOUT THE INDUSTRY!
So, you are you making a generalization that is non-specific to our company??
Ok cool, just thought I missed a PR. Some of us have been waiting patiently for a long time to see progress, and are excited about the next coming months. Hopefully, things pick up and we see some major contracts coming our way soon.
This is from info I know from knowing the industry.
Ok thats fine, but can you confirm where you have this information from:
Contracts for airplane accessories are in the works for retro-fitting all of airplane fractional companies such as Buffets’, "NetJets", Bombardiers’, "FlexJet" and Cessna’s, "Citation Shares."
Which PR is this from?
AVXN EXPLODING AVXN!!!! PR to be about CONFIRMATION of share reduction/float reduction by 80m shares...dropping the float by nearly 42%. Its happening!!
"There are two components to our present business: consumer electronics and IPTV"
"As for IPTV, the worldwide market is literally exploding and represents a massive opportunity for Advanced Technetix. With subscriber growth rates (CAGR) of 60%, the IPTV market could reach $20 Billion per year"
George Stevens, Advanced Technetix's Chief Executive Officer, said, "We will likely be engaging in this stock reacquisition because we strongly feel that there are too many shares outstanding, that the stock is currently a very good value, and that this will enable us to continue our current product-led growth strategy. As such, this will bolster the remaining outstanding shares and provide a more concentrated shareholder base." Details of the transaction will be announced within the next 30 days, once the documents are prepared and executed.
I am sorry I am not following, is this a press release that I missed. If so can you provide the link, I cant seem to find it any where. Thanks
On other news, Skype just introduced IPTV solutions. IPTV is really kicking off in 2007. Looking forward to AVXN capitalizing on this and gaining a market share.
AVXN!!! ipod accessory central, they just came out with the best ipod adapter for cars, yachts and airplanes!! Just reduced their OS huge and are going to be larger than Belkin with accessories. Contracts for airplane accessories are in the works for retro-fitting all of airplane fractional companies such as Buffets’, "NetJets", Bombardiers’, "FlexJet" and Cessna’s, "Citation Shares." This is huge and will grow amongst other Fractional and Charter companies. GLTA Im in on this and cant wait to see this happen.
Don't know about the source of revenues to pay for the shares. I doubt that a whole lot of it has come from their retail sales. If they were bringing in that kind of money then I would expect a large contract or other deal would have been PR'd for our benefit (unless it is in process?). We can only speculate about where the money is coming from so I won't even start. The PR states that they will give us more information as they go through this process so that seems the prudent thing to do .. wait and read all about it in upcoming news.
Things are slowly coming together for this company. I would like to have more information about financial data. I am under the assumption that they have generated some revenue from consumer product line for them to make a buy back of their shares.
I am still looking forward to them announcing contracts with IPTV providers. I think this will give us the magnitude of the companys potential. Depending on the length of the contract, the area of distribution of Advanced Tech services, and how much the contract is worth, we can really appreciate how big this company will be.
With the new X box being IPTV capable, and Apple with the IPhone, I will see a big move from companys like Sony to compete in this market. It looks like the ball is rolling in the IP and IPTV department, and I can say that this company has been talking about it for a long time. Hopefully we get a good share in the market in terms of contracts, to get the company's name out internationally.
The next 3 months will be interesting.
AVXN will have it's real move after it moves to trade in OB market.
news out again:
http://www.pinksheets.com/quote/news.jsp?symbol=AVXN
lebed has winners and losers just like everyone else....the volume looks good...if they really buy instead of diluting this could run....if they are buying like they say ....I guarantee it will run
what does sir Lebed have to do with a stock crash here. Is he not allowed to attach himself to a good subpenny? Tomorrow will gap up and we will have good multiple flip opporunities here over the next few weeks.
DON'T buy lebeds pump job!!! He was pumping NWWM on Friday and it dropped like a rock today after he picked it Friday as his number one play of 2007.
AVXN discussed on SubPennyRadio.com in a positive manner. Hope for AM gapper! .03 next resistance.
Lot of shares changed hands today. But the CMF indicator has come down a lot. Accumulation up and I would consider the crossing of the green ADX +DI line over the main dark ADX line, with both moving to the upside, to be significant if we weren't being 'pumped' by Ledbed. All in all, the chart looks really fine, but the issue of the company being presented to newcomers makes me wonder how many are in for a quick 'pop' and out, as is the prevalent trading style de jour.
Great day today. AVXN should break 50 day MA and head towards 200 day MA soon. Hope news gets out tonight for an AM gapper!
Advanced Technetix To Reacquire 80 Million Shares
Monday, January 15, 2007
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Advanced Technetix, Inc. (Pink Sheets: AVXN - News) announced today that it has entered into preliminary agreements with five of its larger investors to reacquire some of the company’s outstanding stock. Through this plan, Advanced Technetix would reacquire, collectively, in excess of 80,000,000 shares. The company anticipates reaching definitive agreements to reacquire such shares before the end of January. This program would immediately reduce the float by approximately 42% and reflects management’s confidence in both the near- and long-term prospects for Advanced Technetix.
George Stevens, Advanced Technetix's Chief Executive Officer, said, "We will likely be engaging in this stock reacquisition because we strongly feel that there are too many shares outstanding, that the stock is currently a very good value, and that this will enable us to continue our current product-led growth strategy. As such, this will bolster the remaining outstanding shares and provide a more concentrated shareholder base." Details of the transaction will be announced within the next 30 days, once the documents are prepared and executed.
About Advanced Technetix, Inc.
Advanced Technetix is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of Digital Communications, Entertainment-related services and specific consumer electronics platforms.
Advanced Technetix's AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" (voice, video and data) and "Quadruple Play" (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Advanced Technetix, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR INVESTOR INQUIRIES: Please visit the Company's website, www.advancedtechnetix.com, or contact: Bruce Palmer, 310-734-4254, ext. 105.
Contact:
Advanced Technetix, Inc.
Bruce Palmer, 310-734-4254, ext. 105
www.advancedtechnetix.com
Source: Advanced Technetix, Inc.
I'm with you on the fact that this company is not out here pumping itself like a lot of pinkies. Seems like a real company with real possibilities.
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