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yes this is looKing worse and worse every week. agood merger is supposed to go the otherway . disappointed . . '
Just beware! My previous post was a quote from the companies' merger statement! They will dilute till there is no loss! Lets see
I think we good here I'm planning on making big money here, we should be hearing something soon. I'm planning on buying more shares next week.
Part of the other link:
Assuming that the estimated number of outstanding RNIN shares of common stock, on a modified fully diluted basis, is 10,354,062, and the estimated number of BCST Outstanding Shares is 1,273,638,856, each as of the Effective Time, Broadcast shareholders as of the Effective Time will be entitled to receive a total of 5,951,547 RNIN Shares, with each BCST Outstanding Share representing the right to receive 0.004672869 RNIN Merger Shares as a result of the merger (the “Exchange Ratio”). If the number of RNIN Merger Shares or BCST Outstanding Shares is different from the amounts respectively set forth above, the Exchange Ratio will change and the number of RNIN Merger Shares to which holders of Broadcast’s common stock are entitled may be greater or less.
This is getting scary. I never thought it would dip below a penny. It doesn't appear to be dilution. We just had that big buy that ran it up over 2 cents a little over a week ago. I can usually figure out a company or MM angle. I'm baffled on this one?
Guess we just got to hang in there. I notice there web sit is different .
It's only a gift for us I'll grab all I can.
Getting cheaper under a penny now
That's ok with merger there will be a lot of buying I took advantage of these cheap prices this morning .
Looks like a lot of selling to me. Keeps going down and down. Not very confident shareholders. Or is this insiders selling?
Yeah of course, for the merger tobe :/) hope my DD is wrong
Are you still with us.
I agree and if u look at the news from RNIN this is real and going forward it would be one thing if we were only hearing one side but things looking great here I think some want it to come down to get more shares if you noticed someone posted something negative from 2002 then we had a 3 million buy so that's how they do it but I'm here till .20 at lease.
Look at the buys though. It's all tiny trades It looks like someone bought a ton at market and drove the price up a few days ago. Without news the market makers have gradually brought the price back town on a series of small trades. The price never drops below .011 Thankfully we're at bottom. Not a lot of dilution going on. This will run for real soon.
They got a lot of dumping going on. Lots of share for sale. dump after dump? Thought this was a good deal but starting to think the trading is saying otherwise....
So the only thing that is moving this time to time are groups running it? Does someone not think the deal will go through?
Stock Aviator. Great membership to have
I know there are a few companies pumping this stock right now, but the timing could not be better as the merger is wrapping up. could be finalized any day now. Should be going back to .05 cents on its own merits.... This company has huge upside potential will everything going on right now. Should be a nice ride. I am a buyer at anything under .05......
I like what I see today this is going to be huge.
This bad mofo is the feature pick of a premium stock club for tmrw morning. Hang on tight and have a plan!!!
BCST moves on almost nothing!! Expecting 0,02 soon $BCST
Yeah get the cheapiesssss
I mean once this merger is complete we will be in the money.
What you mean?
bcst come on merger!
And how hugh is this? Part of the other link:
Assuming that the estimated number of outstanding RNIN shares of common stock, on a modified fully diluted basis, is 10,354,062, and the estimated number of BCST Outstanding Shares is 1,273,638,856, each as of the Effective Time, Broadcast shareholders as of the Effective Time will be entitled to receive a total of 5,951,547 RNIN Shares, with each BCST Outstanding Share representing the right to receive 0.004672869 RNIN Merger Shares as a result of the merger (the “Exchange Ratio”). If the number of RNIN Merger Shares or BCST Outstanding Shares is different from the amounts respectively set forth above, the Exchange Ratio will change and the number of RNIN Merger Shares to which holders of Broadcast’s common stock are entitled may be greater or less.
Hugh amount (of pre shares)..
No I hadn't heard back yet probably because all my questions we're answered in the fillings, we are sitting so good here. Did u read the latest news wow.
Wow this news is getting better every day all we got to do is wait and not for long. Thanks for the link again.
Not quite, value of the patents is at least ,50 PPS, however at this level multi bagger!!!! $$$$$
Not a bad deal for BCST right? Does RNIN plan on moving back to big boards?
Did the CEO already respond to Your questions? Or hiding in postbox?
How is this good? I'm not saying it isn't by any means, but I don't understand how it's good.
Might be that I am just not knowledgable enough on the company to understand it all.
What is likely to happen next?
Thanks for the link, this is good news for us longs.
CNMV WARNS THE PUBLIC ON UNREGISTERED FIRM
“Pursuant to the second paragraph of Article 13 of the Law 24/1988, July 28th, the Securities Markets Act, the Comisión Nacional del Mercado de Valores, advises that:CARLTON BIRTAL FINANCIAL ADVISORY, S.L.GRAN VÍA 630, 408007 BARCELONA www.carltonbirtal.com is not authorised to provide the investment services detailed in the paragraph 1 and in the letters a) and c) of the paragraph 2 of the Article 63 of the Spanish Securities Market Act, in relation to the financial instruments detailed in the paragraph 4 of the said Article, including, to such effects, transactions on foreign currency.Additionally, the CNMV advises that the following persons are business-related to this company:
REED L. BENSON
JOHN LEWISUNITED PACIFIC INVESTMENT
DEBORAH ANN ROSSI
To date, the above mentioned company seems to be operating in United Kingdom, Sweden and Finland and could be or could had been operating under the following names:
CARLTON CAPITAL MANAGEMENT LTDGRAN VIA 630, 408007 BARCELONACARLTON FINANCIAL ADVISORY & INTERMEDIARY SERVICESGRAN VIA 630, 408007 BARCELONA
CARLTON BIRTAL ADVISORY SERVICES, S.L.GRAN VIA 630, 408007 BARCELONAFor any further consultation please contact the Comisión Nacional del Mercado de Valores enquiry line at 902 149 200 or visit the CNMV’s website (www.cnmv.es)================================================
Dying firm is revived for offshore trading
By CHRISTOPHER CAREY
Of the Post-Dispatch
06/13/2004
The hard-luck tale of Almost Country Productions Inc. is enough to inspire a classic barroom weeper.
The Utah-based company sold $30,000 worth of stock in 1997 to bankroll the musical ambitions of its president, Pamela Lindquist. But the recording she produced, "Wildest Dream," was anything but a hit.
In three years, she sold fewer than 500 CDs and cassettes. Almost Country's cut of the royalties was $636.
What happened next shows how failed companies can be resurrected as vehicles for global stock schemes.
Out of money and out of hope, Almost Country brought in Salt Lake City businessman Reed L. Benson to find fresh capital and identify new opportunities.
He didn't have to look far. Taking advantage of Almost Country's status as a publicly traded company, he arranged a merger with Real Estate Federation Inc., another Utah business, which was pushing an Internet-based home listing and referral service.
One block of shares in the combined company went to a consulting firm formed by Bryant D. Cragun and Lynn W. Briggs, two associates of Benson's who were becoming controversial figures in the investment world.
Cragun had an ownership interest in two offshore investment firms, Oxford International Management and PT Dolok Permai, a Post-Dispatch investigation shows. The Internet site for PT Dolok, listed Briggs among the brokers in its European and Asian offices.
Securities regulators have characterized both firms - now defunct - as unlicensed "boiler rooms" that sold shares of small U.S. companies to foreign investors.
In the merger of Almost Country and Real Estate Federation, nearly a quarter of the shares went to Calico Ltd., whose address is a post office box in the Turks and Caicos Islands. The Caribbean archipelago has attractive financial secrecy laws and no income tax.
The same address pops up in Securities and Exchange Commission filings for Broadcast International Inc., where Benson is vice president and general counsel. Its biggest shareholder also uses the post office box. And its shares were pushed by the same two offshore firms that sold shares in Real Estate Federation. Spanish regulators last year warned that one of them, Carlton Birtal Advisory Services of Barcelona, was offering investments without a license. They identified Benson as one of the people related to the firm.
Real Estate Federation is now called Xvariant Inc. and has added virtual home tours to its arsenal. But it failed to gain a meaningful share of the market and struggled financially.
It posted revenue of $2.07 million and a loss of $884,400 in the nine months that ended June 30, 2003, the last time it filed financial information with the Securities and Exchange Commission.
The stock, which hit a high of $5 a share in summer 2002, now trades for less than 30 cents. Xvariant said in the SEC filing that without an infusion of cash, it faced oblivion.
Broadcast International reported revenue of $4.93 million for 2003. It had a loss, excluding special charges, of $1.77 million.
Its stock is listed at about $6 on the over-the-counter market, but trading volume is almost nonexistent
BCST moves on almost nothing! $$$$$
Correcto! Long BCST $$$$$
Me to. This will be my big gainer this year. The merger will be complete this quarter .
Waiting for funding to clear. Why is no one buying?? Get the cheapies or better let the low float be for us! $BCST
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For the three months ended | For the nine months ended | |||||||||||||||
September 30, | September 30, | |||||||||||||||
2012 | 2013 | 2012 | 2013 | |||||||||||||
Net sales | $ | 2,045,278 | $ | 460,309 | $ | 5,790,363 | $ | 2,915,535 | ||||||||
Cost of sales | 1,266,224 | 97,550 | 3,857,682 | 1,671,452 | ||||||||||||
Gross profit | 779,054 | 362,759 | 1,932,681 | 1,244,083 | ||||||||||||
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