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Good joke but not for those who bought in higher and panicked, good for the one who's scooping up all the shares this morning I guess...
Not trading like any pre R/S I have ever seen! called roger that azz 4 times maybe 5 no call back, been calling the company also. VM only! still no updates of a R/S anywhere to be seen.
someone fked up?
0045 << looks it was a BAD 1 april joke !!!!
there was NO rs on the daily list friday !!!!!!
YES! twice Friday and once today! Have you called? or anyone besides me!
Pro-Pointer, Inc. PPII OTC Pink No Information / Common Stock 0.0028
0.0003 ( 12.00%)
Real-Time OTC-BBO 0.0033 x 0.0046 (1 x 1)
Trade Time 9:39 AM ET
Why is size 1?
Contact Info12512 Beverly Park Rd
B-1
Lynnwood, WA, 98037
Website: http://www.coenzyme-a.com
Phone: 425-438-8586
Email: skouras@msn.com
Update Company Info
People are calling Rodger Coleman, the IR guy... has anyone tried making contact with the company directly? Horse's mouth, kind of thing? Cuz the IR guy sounds like a dimwit...
Well he should be kicked in the groin for that one !
I spoke with Rodger also he did share the same information with me about the R/S 500 to 1. The one thing I did not like was when I asked him definitive questions like what would the PPS be when it opens his reply was whatever 500 times current the PPS, yet when I asked himif that meant .0025 x 500 he told me he didn't realize the pps was down that far. Yet in an earlier part of the conversation he told he was buying at .0050. He didn't seem to even know the pricing of pps. He also could not explain when asked why there was no PR about the split he said he sent out the letters and specifically asked if TDAmeritrade was notified and he said yes he sent out the letters. I told hime TDAmeritrade was unaware of any stockholder meeting and he told me to take that up with them. For being an IR guy he was not very knowledgeable about PPII, and I found that to be very odd. Just my opinion
Well if was BS then Rodger is the one !!!! I shared exactly what he told me and apparently to one other individual who stated the same thing.
I have been checking everywhere, starting to honestly think the R/S was a bullchit call, never know on the boards, everyone has their own agenda.
I hope it is bull.
1 april joke
there was Noting on the daily list >> last friday
Would be a horrible joke if someone pulled an April fools joke and no R/S
Yes, so far no split, have called Coleman 4 times now, no return call, I am not so sure there is a R/S , have done a good amount of DD and looked for filings and news, is this a bad rumor that was started?
Sure am wondering now!
I sold some of my shares incase but still holding most. If we dont get split , I would hope to see a little rally in pps.
Still Nothing on sos
still hoping it was a 1 april joke
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=82z4IpGA%252fvSxtwtTApIihw%253d%253d&nt7=0
.0025 X 500 = $1.25 !!!open ,
i need @ least $3 to break even grrrrrrr
Never expected that here , Float is only 12mill !!!
Shares Outstanding 243,257,000 a/o Jun 30, 2010 /500=
new OS 586,514
Float 12,900,000 a/o Jun 30, 2010 /500 =New Float =
25,800
Authorized Shares 300,000,000 a/o Jun 30, 2010
eitherway, no matter where it opens, R/S is never ag good thing, I got caught with my pants down, plain and simple.
chit happens
If it is a 500:1 it should open at $1.25. With so few shares it will be so illiquid you'll quickly see spreads like .15x.80... A big part of it will be because of people with say 100,000-500,000 shares pre-split, who will be left with 200-1000 shares post-split. On a sub $1 stock the minimum quotable size is 5000 (might be 2500 .50+). So say you want to try and sell at .60, your 200 shares won't even show on the Level 2, or 1. If you're lucky someone's buy order will match up, but with that spread there will be very little interest. It's almost like trying to trade a gray sheet stock after a halt.
This reminds me a lot of the OPLO->SERW RS that I got caught in with a small remainder of my position, and that's exactly how it traded, and it was later halted which totally wiped out holders. Usually when a company does an RS with this low a share structure it is for a reverse merger where they do it to re-structure the stock and effectively wipe out existing common shareholders and line the pockets of new management and pay off the existing one. E.G.-CMCA-MKRO, which is another demonstration of how illiquid a stock like this gets after an RS, and it is actually one of the better cases from my understanding. Just look at a 1.5 year chart of MKRO. The period before May 2010 was when the stock was CMCA with the larger share structure, The RS hit in May or just before and look what happens.. Their motive here could be similar, but who knows...
http://stockcharts.com/h-sc/ui?s=MKRO&p=D&yr=1&mn=6&dy=0&id=p29605999742
the stock should open at .2500
Been a long time since i have 100% had my bell chopped off, happens but wowza I am not too too happy.
I sure hope the rumor of the R/S is true and not BS I sold for a 68% loss, just wanted to save some of the money.
only been caught in 1 reverses this year, from what I hear, guess this is #2
onward and upward, NEXT!
when a company issues a reverse split the stock will fall 50-70 percent over the next few weeks then it will level out.this is typical
Dunno if it is finalized, << we will se next week
This is typical pink sheets !total No control !
Is RS finalized? How come they never informed shareholders? Any clue?
good for you , i am stuck
That is just the nature of a reverse split. The price always tanks once investors hear of it. I am glad I got out early this morning. I am not sure what this company is trying to do. I agree with others who posted today that a reverse split on an already attractive share structure is absolutely senseless. This company does have expensive products. It may be in trouble with regards to sales. Times are rough.
Why is thestock ruined over a reverse split?
Grrrrrrrrrrrrrr >> I know tough days in stinkyland !
Hi Carlito,
I did talk with IR guy, he confirmed about R/S. I think by Monday morning numbers will be changed who ever is holding.
This is the 4th R/S for me.
Who told you that ??? >> today ??? without a pre14 ?,
I just took the bath of my lifetime
yes there is going to be a reverse split affective at the close of today
Well after playing phone tag with me, that was the number he had given me in his VM. Yes, it does suck and BTW apology accepted.All along I had concerns due to no filings and nothing in the way of PR's since last year.And then hearing about supposed "updates" that never came over the past 3 months.Something started to sound a little fishy !!!
Buy back? You mean RS, right?
nerachal I dont know who that number was for but I just got off the phone with rodger and he said there will be a buy back of stock at 1-500.He said it is in the shareholders hands as we spoke.I am very dissapointed and I owe you an apology.what a sucky thing for this to happen.
Oh, I got it. Somebody just spread the the RS rumor? If this is just the rumor, time to load?
Personally I don't give a RA what you have to post here.As I said before, take the info for what it's worth and act accordingly. And anyone can make the call and speak to Rodger. What I posted is what he told me....period !!!!!
and nerachal that number you posted is a little old lady.
ok I just called and there isnt going to be a reverse split of any kind.they haven't any plans at all to retake shares.get your info right before you post.
You're right; the guru did pick it. That is why I jumped in. It tanked today because of a rumor of a reverse split. I expect PPII to drop all the way to the triple 0's. The guru always says these picks are risky; some materialize and some do not.
Wow, I thought this was PS Guru's pick. More than 50% down in two days?
Whats going on here? Is there any bad news? Anybody?
Try this # as well 702-440-3122
Rodger Coleman @ 866-320-5913
0035 >> Holding all to
why did u asked about the r/s...do u know already about r/s coming...how come ir told you the ratio of r/s....
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[chart]images.investorshub.advfn.com/images/uploads/2010/1/21/xlctyPPII_logo.JPG[/chart]
Pro-Pointer, Inc.
458 Coral Sea Street
Henderson, NV 89074
Conenzyme-A Technologies Inc. is an innovative company that has applied new technology to the formulation and manufacture of a series of proprietary products which address nutritional deficiencies that result from the stress of modern day living, chemical imbalances within the body, and the effects of aging.
Conenzyme-A Technologies is managed by a team of professionals with backgrounds that include the following expertise:
•Medical Professionals
•Biochemists & Nutrition Professionals
•Cellular Biologists
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•Clinical Nutrition Specialists
•Professional Trainers
•Marketing and Outside Sales Professionals
•Retail Health Food Sales Professionals
•Professional Consulations available by Appointment
Coenzyme-A Tech. Inc. is a scinece based company primarily engaged in the development of nutraceutial supplements and uniquely efficacious and patentable skin and hair care products to be available without prescriptions. These products are designed to make skin and hair look and feel younger on sustained basis by attacking the cellular causes of skin aging and decreased hair density.
These products will consist mainly of novel micronutrient ingredients uniquely targeted into the under layers of skin for maximum therapeutic benefit. Skin and Hair-Matrix compounds will deliver unique nutrient supplementation into the dermis, epidermis and hair follicle via its proprietary Active TransportTM delivery system.
Look for Coenzyme ATM and our complete Image TM, Hair-MatrixTM and Skin-MatrixTM line of nutraceutical products at your better health food stores or contact Coenzyme-A Technologies to become authorized to retail our products. We welcome international commerce, if you are outside of the United States of America contact us for ordering or distributorship information. Please contact us if you can not find our products at your local health food stores.
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