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You working for the Market Makers?
and how do u know this
big
bigger
biggest
pump
Someone told me this was going large.....
Man! can one imagine if there is a Connection?
Did you happen to see the amount of "dividends" they put on the books for their preferreds???? Why would a company that doesn't have any real revenues to speak of, declare outrageous dividends unless they planned on clearing the shelves of anything of value and packing up and bailing on retail investors?
It appears the insiders ran the paper debt up to where they were able to take the IP and bail. They called it a "forclosure" but it looks to be a simple theft of IP once the development stage was finished and they found a market for their products.
THEN who's the "NEW OWNERSHIP"
But is says right there that "Celsia Technologies" is no longer ---- it is now "Celsia Inc" with a CEO George Mayer???
Beginning May 1st 2012, the new U.S. based business along with its Taiwan subsidiary, Celsia Technologies Taiwan Inc, will begin uninterrupted operations as Celsia Inc.
I'm searching into the Taiwan connection
Taiwan is actually China!
I think they took anything of value and left this ticker to die.
But I don't get most of my information from a message board.
Noteholders` So Sorry!!!
"They" were the noteholders.
Beginning May 1st 2012, the new U.S. based business along with its Taiwan subsidiary, Celsia Technologies Taiwan Inc, will begin uninterrupted operations as Celsia Inc.
onco you think Ownership is in New Shareholders?
When PR says " NEW OWNERSHIP" who's They?
What do you have for a Share Structure
Anybody have any luck contacting this guy? The IR guy from 2006 which appears to be the last website update.
Jorge Fernandez
jfernandez@celsiatech.com
(305) 529-6290
I couldn't get the number to work.
They have taken the IP portfolio and left.
About Celsia Technologies
Celsia Technologies is a full solution provider and licensor of thermal
management products and technology for the PC (server, notebook, desktop),
consumer electronics, and LED lighting / display industries. The company,
working with many of the largest processor manufacturers, OEMs, and display
manufacturers, is a leader in developing and commercializing next-generation
cooling solutions built on patented micro thermofluidic technology. Celsia
Technologies' extensive intellectual property portfolio includes patents
registered in Korea, the U.S., Japan and Taiwan, with patents pending in the EU,
Russia, India and China. For more information, visit
http://celsiatechnologies.com
It looks like insiders stole the IP and left the ticker to die.
Vulture Capitalists dismembered CLST and took the good and left the bad IMO.
Put the below info together the the Apr 2012 news release and you got a dead ticker.
On May 31, 2011, the Company entered into a Debenture and Warrant Purchase and
Exchange Agreement, pursuant to which it issued and sold $2,940,934 of its
Original Issue Discount Senior Secured Convertible Debentures due March 31, 2013
to accredited investors in a private placement. The initial conversion price of
the Debentures is $0.10 per share. The aggregate purchase price of the
Debentures was $2,371,721. Pursuant to the Purchase Agreement, the investors
also received warrants to purchase an aggregate of 29,409,346 shares of the
Company's common stock. The warrants have an exercise price of $0.10 per share
and expire on May 31, 2016. Closing for the transactions described above took
place on May 31, 2011.
In addition, on May 31, 2011, the Company and certain holders of previously
issued Debentures with an aggregate outstanding principal balance of $13,460,476
agreed to, among other things, extend the maturity date of such Debentures to
March 31, 2013.
This looks lik IPO via Reverse Merger!
What's that mean NOT TRANSFERRING?
There's nothing in writing here yet!!!
All i was saying This would be Huge if News comes!!!
Please!! And Report back!!!
It doesn't appear the ticker is gonna transfer - there was no mention of "shareholders" in their asset transfer under forclosure conditions.
Guess I'll have to search to see if the NEWCO domiciles somewhere here in the US so the ticker can live on.
With NEW Ownerhip!!!!
But there'll be a NEW Company!!!
I'm tired of crap dead ticker being mindlessly pumped to scam easy money while screwing those with limited to no DD abilities.
Reminds me of another poster who used to roam these boards stealing money by pumping worthless crap. Even the mention of his name could land a person in the pokie.
JMO
There is no company as of May 1st. There is a ticker with no company behind it.
Beginning May 1st 2012, the new U.S. based business along with its Taiwan subsidiary, Celsia Technologies Taiwan Inc, will begin uninterrupted operations as Celsia Inc.
The asset transfer to the holders of senior-position secured debentures is in full satisfaction of the amounts due and will constitute a "strict foreclosure" pursuant to Article 9 of the Uniform Commercial Code. This transaction will end all business and operations of Celsia Technologies Inc., ceasing its corporate existence under Nevada law effective April 30th 2012.
MAJOR DEAL IN THE WORKS FOLKS!!!
Absolutely! New Ownership is Huge!!!
$CLST will be NUKE CITY!!!
Major Major R/M New Ownership!!!
BIG BIG DEAL IN THE WORKS!!! BIG
CLST. I see that very thin....
$CLST that would send this to .25 Heartbeat!!!
$CLST pick up 10K today` she's thin!!!
CLST. Sounds good going to need to pick up a starter.. thanks!!
CLST will be a Major mover!! Big Big Co.
YES !!! Nice gains today. Lets see the takeover happen & then huge runner here.
CLST. Wow!!!! I like this play. Board marked you.....
This'll be the Summertime Runner if the take-over is true!!!
Something Seriously Big Happening!!!
i think now that the ownership has changed and is in the hands of major stock/debtholders i feel that there will be an effort to maximize share value in an attempt to recoup the losses in the near future . i think it is a good time to buy and average down
CLST hit .1492 yesterday, this will move very fast when volume comes in
Yup I agree. Will just have to wait for the news hype to die off and languish for xx amount of months and then BAM! Get a couple hundred thousand shares in the trips. Good luck!
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