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This explains, at least in part, the delay in the S-1 being completed:
http://pcaobus.org/Enforcement/Adjudicated/Documents/Lee.pdf
The company's auditor was kicked out of business and moved to Mexico. I haven't seen that they hired a new one either.
$37 trade today.
A small burst of recent volume here.
and i'm down 2000 after the reverse split
See, the bid is now $0.21. So whoever that lucky person was just realized a $2,000 profit on a $200 investment since yesterday.
I would love to have shares at .02. It probably would still be hard to unload them. LOL!
Looks like someone tried to unload today and the MM's screwed them big time by dropping the bid quickly down to $0.02. Out of 15K shares traded here's how it went down:
$0.0200 9,820 OTO 15:09:45
$0.2101 2,500 OTO 15:09:29
$0.2997 2,400 OTO 15:09:19
$0.3100 500 OTO 15:09:15
I'll take 9,820 shares @ 0.02 in heartbeat. Anyone have that many to sell me? I guess I'll try tomorrow for some.
Roger,
I'm not sure they are late on their filings. From what I an see they have never filed, but have filed an S-1 to register some of their shares and to sell a few. They don't need to file 10Q's or 10K's until the SEC approves the S-1 registration statement. Once the SEC declares it effective, then they will start the filing process (or should anyway). If they take too long to go effective then they have to update the financial statements in the S-1. They've alread done that once.
I admit I don't know why the registration is taking so long, but I also know that in some cases it does. I'm still hopefull here. But then again, I bought recently around 0.10.
There is no transparency here at all whatsoever. The company is deliquent in there filings and there hasn't been a PR filed in ages. It leaves investors up to there own opinions. :(
roger what do you think you think they are on the verge
of going belly up
absolutely dead AWEB. disappointing :(
One day they will put out news again. There quiet period has been deafening.
Golden cross vs golden showers, tbd
jmo
AWEB golden cross 2 weeks ago.
No buying pressure, AWEB needs news and to update financials if this is going to make a upward move.
i'll be happy if it gets to a buck
i'll break even
i dont think it was a good move b the company
to do a reverse split much to soon
going back to sports wagering much more profitable
Heck yes, been watching. Nice.
AWEB waking up! +20% today!
That would be good. But when i read the S-1 and it said 2.6 million shares OS,
I knew anything below .15 was probably a good bet. So i jumped in.
AWEB needs to get investors up to date and back on board.
Those that bought in the .09-.15 over the last two months are happy.
I expect this to keep climbing to near $1.
I think it's a good time for a PR. We haven't heard from the company in ages.
yep a lot of selling wrote to mr king
he said a lot of selling going
someone getting impatient cant say that i blame them
you think its a good time to add or leave it alone
Any word? Someone is dumping today.
Ahh, I didn't see your post until now since you didn't reply directly to mine. Thanks.
bking@alentis.com
so much for reverse splits but i think it should
have been done a couple days prior before being listed on the bb
just my opinion
Dart (or anyone else), can you provide me with Mr. King's email address? I don't see it on the website.
ALNS changed to AWEB:
http://www.otcbb.com/asp/dailylist_detail.asp?d=08/15/2012&mkt_ctg=NON-OTCBB
At least they filed the S-1, and it looks like there will be less than 3 million shares outstanding after the offering. If they follow through and uplist to the OTCBB that should be good.
I came upon this stock in a very round-about way. I was actually researching their auditor who happens to be involved with a different company.
I always liked the company.
Bought a few today.
09:03 8/2/2012 ALNSD Areti Web Innovations, Inc. (NEW) Common Stock ALNS Areti Web Innovations, Inc. Common Stock **
1-50 rs coming. Glad I sold this POS
I have been hearing for a year about the audits and uplisting on this dud. I look at ALNS in my account and all I want to do is puke.
No News, No updates, No increases in share price... It's a pig.
oink! oink!
I'm starting to shake my head as to why i bought into it:)
I emailed Mr.king as to why the company has been quiet;he told me
they can not issue any news while the company is in the transition
from pink sheets to bb
Yep, It's very disappointing. And the company has been so quiet. :(
ALNS has become quite a disappointment. sheesh, .005's available here and i'm not even feeling confident enough here to take a whack at them. glad i sold some for a nice profit a ways back...
i'm starting to shake my head and wonder why i didn't sell this POS a few months ago...
Looks like a MM wants to establish a near low price of .006. All that was spent was $2.40, and maybe no commish. Let 'em know where to "stick it!" Buy a lil at $.0149? That's still a good deal!
ALNS needs some news this has been quite for way to long.
Yeah a stock at .01, doing a couple million in revenues and thousands of customers, yep overplayed in pennyland!
Jmo
Long
Kind of sad, but I have played this in the past, IMHO Value is in the past then. Did well for me back then, but I think this one may be finished.
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