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lol was just going to post that. Thats the part that gets me...I dont know what to think on this!
Agree if O/S is 3.136mill and float is 1.4mill...the 600k today would have made a major difference in the price action. It just doesnt add up...im not sure what to think on that. They said they did the R/S though which is confusing.
well someone is not right here As of April 14, 2015 the Registrant had 3,136,000 outstanding shares of Common Stock with a par value of $0.001 per share.
NOST u can see this also traded at .007-.008 and had 2.3 mil trade 3/15/15 which should be after the r/s but stock did nothing, flat line, so I see no way that the R/S has taken place yet http://www.otcmarkets.com/stock/NOST/chart
NOST saw filing as well towards EOD, but http://www.otcmarkets.com/stock/NOST/profile just doesn't reflect/mention a 50/1 R/S and past SS changes are documented, they still need to effect this IMHO Security Notes
Capital Change=shs increased by 10 for 1 split. Payable upon surrender. Pay date=08/17/2009.
Capital Change=shs decreased by 1 for 9 split. Pay date=01/27/2011
this is the key part on the filing, in my opinion someone screw this up
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10625426
Common Stock
The authorized common stock of the Company consists of 275,000,000 shares and carries a par value of $0.001. During the year ended December 31, 2014, the Company bought back 380,000 post-split shares of common stock into treasury from a former officer for $100. The shares are being carried as treasury shares as reflected on the balance sheet.
On March 2, 2015, the Company effected a 1:50 reverse stock split. The effect of the reverse split are shown retroactively in these financial statements.
There were 3,136,000 common shares issued and 2,756,000 and 3,136,000 outstanding (post-split) at December 31 , 2014 and 2013.
Wow ... if this SS is true I can't even pinpoint where this may go this week
So if this is all true then the float is roughly 1,470,000 shares. Thats insane and should be trading nowhere near the current levels...and im guessing a good majority of that is already locked up in other shareholders hands.
I saw that...hes from Ontario as well...thats where the Companys office is.
anyone see this? this guy sacco own 1.6M of the 3M some one screw this one up big time imo
The following table provides the names and addresses of each person known to the Company to own more than 5% of the outstanding common stock as of December 31, 2014 and by the officers and directors, individually and as a group. Except as otherwise indicated, all shares are owned directly.
Beneficial Owner
Amount of Stock Owned % Ownership
Matthew Sacco
1,666,000
53.1
%
2173 Rochester Circle
Oakville, Ontario
L6M 5E3 Canada
Others
1,470,000
46.9
%
Total issued
3,136,000
100
%
Yea I read that ... Nice size industry there with plenty of $$$$ to go around
Im starting to wonder if that was a direction the company had taken before Hemcare....
Feel it's an odd direction to go unless something is going on behind the scenes imo
Currently its a 2 man operation...not finding much on James Cao at all...at least nothing I can pinpoint as the correct one. Still trying to find some more.
The derbys are coming up ....
Quite different business IMHO
hmm interesting direction the company's taking...
Agree. I'm going to have to reread it later and see if I can pick up on anything else...suprised with 600k volume though and 3mill O/S it didn't close higher. Haveta watch L2 Tom as well.
hollysh*t, the filing is confusing, but it would be dime tomorrow if that's true.
Could be a big mover. I'm going to see what I can find on the merger company tonight as well.
Wow ! I think you hot the nail on the head ! That would explain everything ! Oh man this could move monster tomorrow ! I'm talking nickles and dimes lol ..........
Explains why it never traded under NOSTD as well. Pure speculation on my part but could have happened before the merger and reinstatement and the filing just came out after...but would have been nice to know at the time!
That is What i'm thinking too
This needs to see a major correction in PPS
It's almost looking like the split happened before this all took place...so the shares you guys bought were already post split. But not sure at all!
It just means they changed the past results accordingly. Based on new share count. Guess they'll issue new shares soon enough
I CAN PROVE %100 THE SPLIT NEVER HAPPENED. I STILL HAVE THE SAME AMOUNT OF SHARES LOL. WEEEEEEEEEEEEEEE THEY FORGOT TO SPLIT MY SHARES HAHAHAHAHAHAHAHA
On March 2, 2015, the Company effected a 1:50 reverse stock split. The effect of the reverse split are shown retroactively in these financial statements.
retroactively! wtf that mean?
on march 2 that was the day of the Reinstatement
Action Type: Reinstatement
Document Number: 20150096403-10 # of Pages: 1
File Date: 3/2/2015 Effective Date:
(No notes for this action)
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=2EVwkTfxzihazEA%252fjR2Xpw%253d%253d&CorpName=HEMCARE+HEALTH+SERVICES+INC.
It looks like a screw up. I have seen these result in huge runs in the past. Someone needs to notify the IHUB pump crew. HAHA
This may go nuts tomorrow
Interesting though is the 3,136,000 matches what the 8k said would be after the R/S.
The filing says it did.
On March 2, 2015, the Company effected a 1:50 reverse stock split. The effect of the reverse split are shown retroactively in these financial statements.
No Split happened. With the OS this thing will fly.
they did the 1x50 r/s? or it never happen or i never see it .
I hope it is right. I saw it too and bought at the close.
As of April 14, 2015 the Registrant had 3,136,000 o!!!!!!!!!!!!!! wtf!!
They will . It's obvious they changed there mind . Because I still have the same amount of shares and it's never changed on the daily list .
Let's PR that then lol
Because there is no split . If there was a split it would've happened .
I still can't find anything on the RS, or cancelation of the RS... Anyone hear anything?
Amendment filled on 3.25 could be the r/s but i'm not sure.
Action Type: Amendment
Document Number: 20150135161-25 # of Pages: 4
File Date: 3/25/2015 Effective Date:
(No notes for this action)
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=2EVwkTfxzihazEA%252fjR2Xpw%253d%253d&CorpName=HEMCARE+HEALTH+SERVICES+INC.
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