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$NGMC's lastest known share structure, low floater:
Shares Outstanding 228,346,094 a/o Mar 19, 2014
Float: 60,829,482 a/o Apr 04, 2014
Authorized Shares 999,000,000 a/o Current
POIL this is a perfect time to get in or add...
Independent Film Dev (IFLM) up 38.46% !!
Volume: 889,441
$NGMC ~ Current Projects: http://www.nextgenerationenergycorp.com/index.php/projects/current-projects
NGMC nice buys to start the am !
Check out NGMC ! going to be big today !
Thanks for the heads up, fallin123 !
$NGMC on ALERT for Wed morning !!
About Eco Depot, Inc. (OTC Pink: ECDP)
Located in Pensacola, Florida USA, Eco Depot (www.ecodepo.co) is a publicly traded company listed on the OTC PINK under the "ECDP" trading symbol. Formerly an "eco lighting" distributor under new Management the Company is in the development stage of transitioning into a manufacturer and distributor of eco friendly Consumer Brand products. All inquiries should be directed to info@ecodepo.co.
ECDP Contact Info:
500 North Manheim Rd
Unit 300
Hillside, IL 60162
Website: http://www.ecodepo.co
Phone: 800-340-9550
Email: info@ecodepo.co
ECDP Eco Depot, Inc will create and market environmentally friendly consumer brand products that will fill the needs of large consumer groups and then leverage our expertise to create a mass consumer awareness and demand for these innovative products.
Eco Depot, Inc is an Exclusive Global Distributors of the WaterGeeks™ Brand of water filtration products. The Company is in the development stage of transitioning into a manufacturer and distributor of eco friendly Consumer Brand products. The WaterGeeks Brand has been featured in several leading consumer magazines and television editorial features over the past 5-years. WaterGeeks™ Filtered bottles have been test marketed at various select retailers including Target®, Neiman Marcus®, Wegmans® and Meijer® in the USA and at Home Outfitters® in Canada.
Solanbridge Group,(SLNX) 175.00% !
Volume: 374,669,654
B2digital, Inc. (PN) (BTDG) 300.00% !
Volume: 187,973,517
CHICAGO, IL, Apr 24, 2014 (Marketwired via COMTEX) -- Epazz Inc. (PINKSHEETS: EPAZ), a leading provider of cloud based business software solutions, announced that renewal rates for maintenance contracts for DeskFlex Software are well over the 90% level and is positioned to continue in this vein. DeskFlex software continues to receive positive responses on our support and customization IT consulting services. We are launching a cloud system for DeskFlex later this year.
"We are pleased with the DeskFlex acquisition after 6 years since we acquired the company. We will be working with our existing customers to launch the on-demand solutions in the coming months. The on-demand DeskFlex solution will be marketed towards small and medium businesses as an online subscription service," says Shaun Passley, CEO of Epazz Inc.
DeskFlex www.deskflex.com, a room scheduling software, which supports the use of shared workspaces by multiple employees companies, establishes a pool of shared resources and a reservation system. This is particularly beneficial to those with a significant percentage of mobile employees. It results in reduced real estate expenses by limiting the space needed for offices, desks, meeting rooms and even reserved parking spaces. Through an easy to navigate web site, employees can reserve workspaces in advance. The system then interacts with popular telephone systems to enable phone calls to be routed to the employee's assigned temporary location ensuring there is no downtime.
About Epazz Inc. (www.epazz.com)
Epazz Inc. is a leading cloud based software company that specializes in providing customized cloud applications to the corporate world, higher education institutions and the public sector. Epazz BoxesOS(TM)v3.0 is the complete business web-based software package for small to mid-size businesses, Fortune 500 enterprises, government agencies, and higher education institutions. BoxesOS provides many of the web-based applications organizations would have to otherwise buy separately. Epazz's other products are AgentPower(TM), a workforce management software and AutoHire(TM), an applicant tracking system.
SAFE HARBOR "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking statements such as "may," "expect," "intend," "estimate," "anticipate," "believe," or "continue" (or the negative thereof) or similar terminology. Such forward-looking statements are subject to risk, uncertainties and other factors that could cause actual results to differ materially from future results or implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual result may differ materially from those contemplated by such forward-looking statements. Epazz assumes no obligation and does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties that is not paid for by Epazz. Investors are encouraged to review Epazz's public filings on SEC.gov, including its unaudited and audited financial statements, and its Registration Statement, Form 10-K's and Form 10-Q's, which contain general business information about the Company's operations, results of operations and risks associated with the Company and its operations. Epazz could be a good penny stock pick, but please visit our website and do your research.
For more information please contact:
Epazz, Inc.
Investor Relations
investors@epazz.net
(312) 955-8161
www.epazz.com
EPAZ setting up with big volume !
Pacific Oil Co. (QB) (POIL) up 20.46% !!
Volume: 488,026
Pacific Oil Company Provides Update on Previously Announced Financing
LAS VEGAS, NV--(Marketwired - Apr 24, 2014) - Pacific Oil Company ("Pacific Oil") (OTC: POIL), is pleased to provide the public with an update regarding its previously announced efforts to secure $1,000,000 in financing. Working through the Herman Companies Inc. Pacific Oil has already received a letter of interest stating that Pacific Oil meets the criteria for up to $2,000,0000 in financing and that additional capital is available should it be required. Pacific Oil is currently awaiting two more offers of financing and intends on moving swiftly towards a decision to secure this capital that will be used to accelerate growth.
Ed Loven, Vice president of Pacific Oil, said, "So far the response from financial providers has been positive. We have an offer in hand, two more on the way and are confident in our ability to close a transaction on an expedited time table. I think it is important for the public to know that this financing is in no way a necessity for us to continue to grow. It does however provide us with the opportunity to grow at a much faster pace. Pacific Oil has already identified a number of acquisition targets that will put this money to good use."
Pacific Oil would like to remind the public that this financing mechanism is isolated from Pacific Oil's public market presence. No shares will be issued and no shares will be put up to collateralize the loan, as the financing Pacific Oil is seeking is pure debt financing based on the value of the company's assets.
About Pacific Oil Company:
A Nevada based corporation, Pacific Oil Company is a dynamic junior energy company with both established assets and production within the energy rich province of Saskatchewan Canada.
The company continues to add value and set the stage for rapid success through low risk acquisitions and organic growth achieved through further development of existing properties. Pacific Oil fully understands that a balance must be struck between short term profitability, increasing net asset value and the long term growth that rewards early shareholder.
Pacific Oil operates under the notion that operational efficiency achieved through the minimization of administrative overhead is of the upmost importance if costs are to be kept under control and profits maximized for investors. All capital expenditures must provide value and risk control must be present at all times.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although management believes that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the company's annual report on Form 10-K for the most recent fiscal year, quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission
CONTACT:
Pacific Oil Company
Ed Loven
1 888 303 2272
ir@poil.us
10120 W. Flamingo Rd., #4 - 240
Las Vegas, NV 89147
USA
POIL Pacific Oil Co.Pacific Oil Co. OTCQB Company Updated Profile:
Contact Info
9500 W. Flamingo Rd.
Suite 205
Las Vegas, NV 89147
Website: http://www.poil.us
Phone: 1 888 303 2272
Email: info@poil.us
POIL on ALERT Today !!
Speedemissions, Inc. (SPMI) up 174.55% !
Volume: 35,648,292
$EPAZ looks like it is setting up for tomorrow...
EPAZ from April 11th: Epazz Expects to Add Over 50% to Revenue Stream; Signs Letter of Intent to Acquire Medical Billing Software Company
New Acquisition Immediately Accretive; Company Expects $600,000 in Revenue the First Year
CHICAGO, IL--(Marketwired - Apr 11, 2014) - Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions announced that the Company has signed a letter of intent to acquire a Medical Billing Software Company in the West U.S. This new acquisition is expected to provide substantial growth to Epazz's revenue stream by bringing in $600,000 in revenues in the first year. The unaudited revenues for 2013 were over $600,000.
The target company was founded in the 2000s and has a long history of positive cash flow and profitability. The software product is considered to be truly unique and there are few competitors presently in the market offering such an all-encompassing suite of software within their target market thereby making this move quite strategic in Epazz, Inc.'s projected growth.
Epazz has been increasing its global distribution channels and continues to search for suitable acquisitions. Epazz, Inc.'s CEO, Shaun Passley noted, "This acquisition will be immediately accretive to our revenue and profit stream. It will provide a solid customer base and it opens up many opportunities to cross sell customers on Epazz's BoxesOS portal software, DeskFlex room scheduling software, Agent Power workforce management software, Intellisys energy management software, AutoHire applicant tracking system, K9 Bytes kennel software and MS Health emr software. With the synergies of our companies the customers can continue to look forward to innovative, effective and efficient software tools geared to enhancing their business process." Epazz, Inc. is in negotiations to acquire several other B2B software companies. Epazz, Inc.'s action is a clear reflection of its long term strategic growth plan to acquire profitable B2B software companies.
About Epazz Inc. (www.epazz.com)
Epazz Inc. is a leading cloud based software company that specializes in providing customized cloud applications to the corporate world, higher education institutions and the public sector. Epazz BoxesOS™v3.0 is the complete business web-based software package for small to mid-size businesses, Fortune 500 enterprises, government agencies, and higher education institutions. BoxesOS provides many of the web-based applications organizations would have to otherwise buy separately. Epazz's other products are AgentPower™, a workforce management software and AutoHire™, an applicant tracking system.
SAFE HARBOR
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking statements such as "may," "expect," "intend," "estimate," "anticipate," "believe," or "continue" (or the negative thereof) or similar terminology. Such forward-looking statements are subject to risk, uncertainties and other factors that could cause actual results to differ materially from future results or implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual results may differ materially from those contemplated by such forward-looking statements. Epazz assumes no obligation and does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties that is not paid for by Epazz. Investors are encouraged to review Epazz's public filings on SEC.gov, including its unaudited and audited financial statements, and its Registration Statement, Form 10-K's and Form 10-Q's, which contain general business information about the Company's operations, results of operations and risks associated with the Company and its operations. Penny stock picks need to be research. Do your homework. Please review all of our filings.
For more information please contact:
Epazz, Inc.
Investor Relations
investors@epazz.net
(312) 955-8161
www.epazz.com
EPAZ on ALERT !! cheapies available !! Nice swing play !
Pacific Oil Co. (QB) (POIL) up 20.16% !!!
Volume: 58,659
$POIL doing very well today ! Awesome money maker !!
$POIL on ALERT Today !! Easy money to be made here...
SFRX on Watch also, some pre-market buying going on...
INTC on Watch --- pre market activity...
EPAZ Investment Highlights:
• Acquiring Synergistic, Strong Revenue Companies
• Steady Growth through Acquisition
• Diversified Streams of Income
• Achieved Growth of +300% in Last 3 Years
• Organic Growth of Subsidiaries
• Increasing Asset Value
• Multiple Financing Opportunities
• Fully Reporting with SEC
• Strong and Optimized Growth Strategy
Epazz Inc. (EPAZ) is an enterprise-wide software company specializing in providing customized Web applications to the corporate world, higher education institutions, and the public sector.
Epazz’ unique BoxesOS applications can create virtual communities for enhanced communication, provide information and content for decision-making, and create a secure marketplace for any type of commerce all through the medium of the Internet.
Epazz was founded by Shaun Passley in February 1999 who saw the need and benefits of integrated Web-based applications for the increasing demand of relevant and timely information for personal and business management. Today his vision has expanded to include the business world and the public sector as well as higher education institutions.
EPAZ info: Epazz, Inc.
309 W. Washington St.
Suite 1225
Chicago, IL 60606
Phone: (312) 955-8161
www.Epazz.com
Info@Epazz.com
Epazz, Inc. (QB) (EPAZ) up 33.33% !!
Volume: 214,253,000
EPAZ on ALERT today...look for volume..
TWDL up 2% with 1.2 mil in volume !
Plandai Biotechnology's Cannabis Extracts Could Further Shape Marijuana Debate
NEW YORK, NY--(Marketwired - Apr 11, 2014) - Plandaí Biotechnology (OTCQB: PLPL) has a deal in place to brand and market its future cannabis extracts under the Diego Pellicer Gold label, and it could be those extracts and the company's work with cannabinoids that help shape public opinion in favor of using the drug medicinally. A Pew Research Center survey released last week found that 75 percent of Americans say they feel the legal sale and use of marijuana is inevitable whether they support it or not. While support for marijuana grows, Plandaí and its extracts could go a long way toward changing the minds of the drug's opponents.
In the survey, 54 percent of respondents favored legalizing the use of marijuana which is a dramatic change from just 4 years ago when in the same survey, only 41 percent thought pot should be legal. Make no mistake about it attitudes are shifting in favor of marijuana in this country, and recent interest is likely due to CNN Chief Medical Correspondent Sanjay Gupta's "Weed" documentaries that are educating more Americans on the realities of cannabis. "Weed" documentaries can be seen commercial free at www.stockmarketmediagroup.com/media.
Dr.Gupta himself was once a staunch opponent of legalizing marijuana, but he has since become a strong advocate for the use of cannabis. In those documentaries, Dr. Gupta has highlighted just how powerful the use of cannabinoids can be as a treatment for such things as seizures, pain management, cancer and many others.
Plandaí produces highly bioavailable plant extracts for industries including health, wellness, nutraceutical, and pharmaceutical, and will explore the use of both THC and cannabinoids to develop extracts and to pursue various pharmaceutical and nutraceutical applications. Dr. Gupta and a majority of Americans in general agree with Plandaí's CEO Roger Duffield who said, "The medicinal opportunities associated with phyto-cannabinoids are simply too great to ignore."
About Stock Market Media Group
SMMG is a Research and Content Development IR firm that offers a platform for corporate stories to unfold in the media with Reports, Interviews and Articles. SMMG is compensated for Plandaí articles, reports and interviews by a third party who reserves the right to buy, sell or remain neutral on securities at any time before, during, or after the publication of this article. To date, SMMG has received total compensation of $40,640, for content related to Plandaí. For more information: www.stockmarketmediagroup.com/.
Contact:
Stock Market Media Group
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THIS LINK HAS SOME STOCK TRADING SOFTWARE REVIEWS THAT MAY HELP YOU DECIDE WHAT PROGRAM BEST FITS YOUR NEEDS..www.stocktradingsoftwarereviews.org/
You've probably heard the terms spread or bid and ask before but you may not know what they mean or how they relate to the stock market. The bid-ask spread can affect the price at which a purchase or sale is made - and an investor's overall portfolio return. What this means is that if you want to dabble in the equities markets, you need to become familiar with this concept.
{C}{C}Supply and Demand
Investors must first understand the concept of supply and demand before learning the ins and outs of the spread. Supply refers to the volume or abundance of a particular item in the marketplace, such as the supply of stock for sale. Demand refers to an individual's willingness to pay a particular price for an item or stock. (For more insight, read Economics Basics: Demand and Supply.)
Example - How Supply and Demand Work Together Suppose that a one-of-a-kind diamond is found in the remote countryside of Africa by a miner. An investor hears about the find, phones the miner and offers to buy the diamond for $1 million. The miner says she wants a day or two to think about it. In the interim, newspapers and other investors come forward and show their interest. With other investors apparently interested in the diamond, the miner holds out for $1.1 million and rejects the $1 million offer. Now suppose two more potential buyers make themselves known and submit bids for $1.2 million and $1.3 million dollars, respectively. The new asking price of that diamond is going to go up. The following day, a miner in Asia uncovers 10 more diamonds exactly like the one found by the miner in Africa. As a result, both the price and demand for the African diamond will drop precipitously because of the sudden abundance of the once-rare diamond. This example - and the concept of supply and demand -can be applied to stocks as well. |
The Spread
The spread is the difference between the bid and ask for a particular security.
Example - The Bid-Ask Spread Let's assume that Morgan Stanley Capital International (MSCI) wants to purchase 1,000 shares of XYZ stock at $10, and Merrill Lynch & Co. wants to sell 1,500 shares at $10.25. The spread is the difference between the asking price of $10.25 and the bid price $10, or $0.25. An individual investor looking at this spread would then know that if he wants to sell 1,000 shares, he could do so at $10 by selling to MSCI. Conversely, the same investor would know that he could purchase 1,500 shares from Merrill Lynch at $10.25. |
The size of the spread and the price of the stock is determined by supply and demand. The more individual investors or companies that want to buy, the more bids there will be; more sellers results in more offers or asks.
On the New York Stock Exchange (NYSE) a buyer and seller may be matched by computer. However, in some instances, a specialist who handles the stock in question will match buyers and sellers on the floor of the exchange. In the absence of buyers and sellers, this person will also post bids or offers for the stock in order to maintain an orderly market. (For related reading, see Understanding Order Execution.)
On the Nasdaq, a market maker will use a computer system to post bids and offers and essentially plays the same role as a specialist. However, there is not a physical floor. All orders are marked electronically.
It is important to note that when a firm posts a top bid or ask and is hit by an order, it must abide by its posting. In other words, in the example above, if MSCI posts the highest bid for 1,000 shares of stock and a seller places an order to sell 1,000 shares to the company, MSCI must honor its bid. The same is true for ask prices.
{C}{C}Types of Orders
There are five types of orders that an individual can place with a specialist or market maker:
Bottom Line
The bid-ask spread is essentially a negotiation in progress. In order to be successful, traders must be willing to take a stand and walk away in the bid-ask process through limit orders. By executing a market order without concern for the bid-ask and without insisting on a limit, traders are essentially confirming another trader's bid, creating a return for that trader.
Rule 144: Selling Restricted and Control Securities
http://www.sec.gov/investor/pubs/rule144.htm
When you acquire restricted securities or hold control securities, you must find an exemption from the SEC's registration requirements to sell them in a public marketplace. Rule 144 allows public resale of restricted and control securities if a number of conditions are met. This overview tells you what you need to know about selling your restricted or control securities. It also describes how to have a restrictive legend removed.
What Are Restricted and Control Securities?
Restricted securities are securities acquired in unregistered, private sales from the issuing company or from an affiliate of the issuer. Investors typically receive restricted securities through private placement offerings, Regulation D offerings, employee stock benefit plans, as compensation for professional services, or in exchange for providing "seed money" or start-up capital to the company. Rule 144(a)(3) identifies what sales produce restricted securities.
Control securities are those held by an affiliate of the issuing company. An affiliate is a person, such as an executive officer, a director or large shareholder, in a relationship of control with the issuer. Control means the power to direct the management and policies of the company in question, whether through the ownership of voting securities, by contract, or otherwise. If you buy securities from a controlling person or "affiliate," you take restricted securities, even if they were not restricted in the affiliate's hands.
If you acquire restrictive securities, you almost always will receive a certificate stamped with a "restrictive" legend. The legend indicates that the securities may not be resold in the marketplace unless they are registered with the SEC or are exempt from the registration requirements. Certificates for control securities usually are not stamped with a legend.
What Are the Conditions of Rule 144?
If you want to sell your restricted or control securities to the public, you can meet the applicable conditions set forth in Rule 144. The rule is not the exclusive means for selling restricted or control securities, but provides a "safe harbor" exemption to sellers. The rule's five conditions are summarized below:
1. Holding Period. Before you may sell any restricted securities in the marketplace, you must hold them for a certain period of time. If the company that issued the securities is a “reporting company” in that it is subject to the reporting requirements of the Securities Exchange Act of 1934, then you must hold the securities for at least six months. If the issuer of the securities is not subject to the reporting requirements, then you must hold the securities for at least one year. The relevant holding period begins when the securities were bought and fully paid for. The holding period only applies to restricted securities. Because securities acquired in the public market are not restricted, there is no holding period for an affiliate who purchases securities of the issuer in the marketplace. But the resale of an affiliate's shares as control securities is subject to the other conditions of the rule.
Additional securities purchased from the issuer do not affect the holding period of previously purchased securities of the same class. If you purchased restricted securities from another non-affiliate, you can tack on that non-affiliate's holding period to your holding period. For gifts made by an affiliate, the holding period begins when the affiliate acquired the securities and not on the date of the gift. In the case of a stock option, including employee stock options, the holding period begins on the date the option is exercised and not the date it is granted.
2. Current Public Information. There must be adequate current information about the issuing company publicly available before the sale can be made. For reporting companies, this generally means that the companies have complied with the periodic reporting requirements of the Securities Exchange Act of 1934. For non-reporting companies, this means that certain company information, including information regarding the nature of its business, the identity of its officers and directors, and its financial statements, is publicly available.
3. Trading Volume Formula. If you are an affiliate, the number of equity securities you may sell during any three-month period cannot exceed the greater of 1% of the outstanding shares of the same class being sold, or if the class is listed on a stock exchange, the greater of 1% or the average reported weekly trading volume during the four weeks preceding the filing of a notice of sale on Form 144. Over-the-counter stocks, including those quoted on the OTC Bulletin Board and the Pink Sheets, can only be sold using the 1% measurement.
4. Ordinary Brokerage Transactions. If you are an affiliate, the sales must be handled in all respects as routine trading transactions, and brokers may not receive more than a normal commission. Neither the seller nor the broker can solicit orders to buy the securities.
5. Filing a Notice of Proposed Sale With the SEC. If you are an affiliate, you must file a notice with the SEC on Form 144 if the sale involves more than 5,000 shares or the aggregate dollar amount is greater than $50,000 in any three-month period. The sale must take place within three months of filing the notice and, if the securities have not been sold, you must file an amended notice.
If I Am Not an Affiliate of the Issuer, What Conditions of Rule 144 Must I Comply With?
If you are not (and have not been for at least three months) an affiliate of the company issuing the securities and have held the restricted securities for at least one year, you can sell the securities without regard to the conditions in Rule 144 discussed above. If the issuer of the securities is subject to the Exchange Act reporting requirements and you have held the securities for at least six months but less than one year, you may sell the securities as long as you satisfy the current public information condition.
Can the Securities Be Sold Publicly If the Conditions of Rule 144 Have Been Met?
Even if you have met the conditions of Rule 144, you can't sell your restricted securities to the public until you've gotten the legend removed from the certificate. Only a transfer agent can remove a restrictive legend. But the transfer agent won't remove the legend unless you've obtained the consent of the issuer—usually in the form of an opinion letter from the issuer's counsel—that the restrictive legend can be removed. Unless this happens, the transfer agent doesn't have the authority to remove the legend and permit execution of the trade in the marketplace.
To begin the legend removal process, an investor should contact the company that issued the securities, or the transfer agent for the securities, to ask about the procedures for removing a legend. Removing the legend can be a complicated process requiring you to work with an attorney who specializes in securities law.
What If a Dispute Arises Over Whether I Can Remove the Legend?
If a dispute arises about whether a restrictive legend can be removed, the SEC will not intervene. Removal of a legend is a matter solely in the discretion of the issuer of the securities. State law, not federal law, covers disputes about the removal of legends. Thus, the SEC will not take action in any decision or dispute about removing a restrictive legend.
http://www.sec.gov/investor/pubs/rule144.htm
OUR LATEST TRADES WILL BE POSTED IN THIS SECTION SO YOU MAY SEE THE TRADING WE DO ON A DAY TO DAY BASIS. THIS WILL ALLOW YOU TO GET A FEEL AS TO WHAT OCCURS DURING THE COURSE OF A TRADING DAY !
SOME OF OUR MOST RECENT TRADES : CPMCF OUR ENTRY PRICE OF .199 AND WE AQUIRED 5,000 SHARES.TOTAL INVESTMENT $950.00 + $10.00 COMMISSION (ETRADE) = $960.00THIS WAS ON 10/29/2010 AT 9:32AM. WE
THEN SOLD ON 11/01/2010 5,000 SHARES OF CPMCF @ .66 FOR A GROSS PROFIT OF $3300.00 - $10.00 COMMISSION (ETRADE)= $3290.00. SO $3290.00 - $960.00 = $2330.00 NET PROFIT !!
WE PURCHASED SAEIE AT .03 X 35,000 SHARES = $1060.00 (INCLUDES COMMISSION) ON 10/27/2010. WE THEN SOLD ON 11/01/2010 35,000 OF SAEIE @ .13 FOR A TOTAL OF= $4540.00 (INCLUDING COMMISSION). OUR NET
PROFIT WAS $3480.00.
OUR TOTAL PROFIT TRADING 2 STOCKS WE PURCHASED ON OCT 27TH, AN OCT 29TH AND SELLING ON NOVEMBER 1ST, 2010 WAS $5810.00, AND OUR UP FRONT INVESTMENT WAS $2120.00. ALTHOUGH THE GAINS ON BOTH OF THESE STOCKS IS EXCEPTIONAL, WE NORMALLY TRY TO TRADE MORE CONSERVATIVE AND WILL AIM FOR A 20% GAIN. SOMETIMES WE GET A GUT FEELING AND STICK IT OUT FOR MORE AND SOMETIMES IT BACKFIRES AND WE LOSE A LITTLE MORE....
RVERSE SPLIT :
Often times with a penny stock, a reverse split is an attempt to bring up the price of the stock. A reverse split is when a company sets in place a new amount of shares to replace a set amount of existing shares.
As an example, a 10 for 1 reverse split would mean that the company would issue 1 share for every 10 shares that an investor holds. The logic is that once there are only a tenth of the shares outstanding the price would increase by 10 times. Ten old.50 shares would now be converted into one new share worth $5.00. The logic seems to work out but the problem is that investors might not feel the price of the stock can be maintained at that level for long. After all, they remember this stock trading at pennies, not a $5.00 stock. So the majority of times, stocks that have gone through reverse splits steadily drop in price until they trade at near what they traded for prior to the split.
Companies know that this will happen, but they move forward anyhow. The company knows that they can only issue a certain amount of shares based on their charter. A company that authorized 10,000,000 shares and has 5,000,000 shares outstanding can only issue another 5,000,000 shares into the market. But what if the company was presented with an opportunity that would require 5,000,000 shares to be issued to capitalize on it? The company could do a 10 for 1 reverse split so that there would only be 500,000 shares outstanding after the split. The company is still authorized to issue 10,000,000 shares. Now that there are only 500,000 shares outstanding it can issue an additional 9,500,000 shares. Before it could only issue another 5 million since it had 5 million shares outstanding. The company at this point probably doesn't care that the price is substantially lower since it has more shares to issue to make up for the loss in price.
In these cases, investors end up losing a majority of their investment after a reverse split. If you're holding penny stocks or have a penny stocks to watch list, be aware of reverse splits as they can dramatically affect the value of a stock.
Reverse Mergers : The Pros and Cons
A reverse merger (also known as a reverse takeover or reverse IPO) is a way for private companies to go public, typically through a simpler, shorter, and less expensive process. A conventional initial public offering (IPO) is more complicated and expensive, as private companies hire an investment bank to underwrite and issue shares of the soon-to-be public company. Aside from filing the regulatory paperwork - and helping authorities review the deal - the bank also helps to establish interest in the stock and provide advice on appropriate initial pricing. The traditional IPO necessarily combines the go-public process with the capital raising function. We will go over how a reverse merger separates these two functions, making it an attractive strategic option for managers and investors of private companies. (For more information, check out Why would a company do a reverse merger instead of an IPO?
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What is a reverse merger?
In a reverse merger, investors of the private company acquire a majority of the shares of the public shell company, which is then merged with the purchasing entity. Investment banks and financial institutions typically use shell companies as vehicles to complete these deals. These relatively simple shell companies can be registered with the SEC on the front end (prior to the deal), making the registration process relatively straightforward and less expensive. To consummate the deal, the private company trades shares with the public shell in exchange for the shell's stock, transforming the acquirer into a public company.
Reverse mergers allow a private company to become public without raising capital, which considerably simplifies the process. While conventional IPOs can take months (even over a calendar year) to materialize, reverse mergers can take only a few weeks to complete (in some cases, in as little as 30 days). This saves management a lot of time and energy, ensuring that there is sufficient time devoted to running the company.
Undergoing the conventional IPO process does not guarantee that the company will ultimately finish the process. Managers can spend hundreds of hours planning for a traditional IPO, however, if market conditions become unfavorable to the proposed offering, all of those hours will have become a wasted effort. Pursuing a reverse merger minimizes this risk.
As mentioned earlier, the traditional IPO combines both the go-public and capital raising functions. As the reverse merger is solely a mechanism to convert a private company into a public entity, the process is less dependent on market conditions (because the company is not proposing to raise capital). Since a reverse merger functions solely as a conversion mechanism, market conditions have little bearing on the offering. Rather, the process is undertaken in order to attempt to realize the benefits of being a public entity. (Read more in The Murky Waters Of The IPO Market.)
Benefits as a Public Company
Private companies, generally with $100 million to several hundred million in revenue, are usually attracted to the prospect of being a publicly-traded company. The company's securities become traded on an exchange, and thus enjoy greater liquidity. The original investors gain the option of liquidating their investment, providing for convenient exit alternatives. The company has greater access to the capital markets, as management now has the option of issuing additional stock through secondary offerings. If stockholders possess warrants - where they have the right to purchase additional stock at a pre-determined price - the exercise of these options provides additional capital infusion into the company.
Public companies often trade at higher multiples than do private companies; significantly increased liquidity means that both the general public and investing institutions (and large operational companies) have access to the company's stock, which can drive up price. Management also has more strategic options to pursue growth, including mergers and acquisitions. As stewards of the acquiring company, they can use company stock as the currency with which to acquire target companies. Finally, because public shares are more liquid, management can use stock incentive plans in order to attract and retain employees. (To learn more, read For Companies, Staying Private A Matter Of Choice.)
Disadvantages of a Reverse Merger
Managers must conduct appropriate diligence regarding the profile of the investors of the public shell company. What are their motivations for the merger? Have they done their homework to make sure the shell is clean and not tainted? Are there pending liabilities (such as those stemming from litigation) or other "deal warts" hounding the public shell? If so, shareholders of the public shell may merely be looking for a new owner to take possession of these deal warts. Thus, appropriate due diligence should be conducted, and transparent disclosure should be expected (from both parties).
If the public shell's investors sell significant portions of their holdings right after the transaction, this can materially and negatively affect the stock price. To reduce or eliminate the risk that the stock will be dumped, important clauses can be incorporated into a merger agreement such as required holding periods. It is important to note that, as in all merger deals, the risk goes both ways. Investors of the public shell should also conduct reasonable diligence on the private company, including its management, investors, operations, financials and possible pending liabilities (i.e., litigation, environmental problems, safety hazards, labor issues). (For more, see Why Public Companies Go Private.)
After a private company executes a reverse merger, will its investors really obtain sufficient liquidity? Smaller companies may not be ready to be a public company, including lack of operational and financial scale. Thus, they may not attract analyst coverage from Wall Street; after the reverse merger is consummated, the original investors may find out that there is no demand for their shares. Reverse mergers do not replace sound fundamentals. For a company's shares to be attractive to prospective investors, the company itself should be attractive operationally and financially.
A potentially significant setback when a private company goes public is that managers are often inexperienced in the additional regulatory and compliance requirements of being a publicly-traded company. These burdens (and costs in terms of time and money) can prove significant, and the initial effort to comply with additional regulations can result in a stagnant and underperforming company if managers devote much more time to administrative concerns than to running the business. To alleviate this risk, managers of the private company can partner with investors of the public shell who have experience in being officers and directors of a public company. The CEO can additionally hire employees (and outside consultants) with relevant compliance experience. Managers should ensure that the company has the administrative infrastructure, resources, road map and cultural discipline to meet these new requirements after a reverse merger.
Conclusion
A reverse merger is an attractive strategic option for managers of private companies to gain public company status. It is a less time-consuming and less costly alternative than the conventional IPO. As a public company, management can enjoy greater flexibility in terms of financing alternatives, and the company's investors can also enjoy greater liquidity. Managers, however, should be cognizant of the additional compliance burdens faced by public companies, and ensure that sufficient time and energy continues to be devoted to running and growing the business. It is after all a strong company, with robust prospects, that will attract sufficient analyst coverage as well as prospective investor interest. Attracting these elements can increase the value of the stock and its liquidity for shareholders. (For more, read our related article A Guide To Spotting A Reverse Merger.) {C}{C}{C}
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by Marv Dumon, (Contact Author | Biography)
Marv Dumon serves as a mergers and acquisitions advisor for a middle-market financial services firm specializing in industrial and energy companies. He maintains established relationships with more than 500 mid-market private equity firms. He also serves as a national business and finance columnist for Examiner.com. Dumon's background includes experience in consulting, finance and operations with several organizations including two S&P 500 companies. He received a Bachelor of Arts, a Bachelor of Business Administration and a Master of Accounting from the University of Texas at Austin.
T TRADES
When researching this article, The response from the SEC defined a “Form T Trade” a “trade reporting form used by broker-dealer members of the Financial Industry Regulatory Authority, Inc. (FINRA) to report equity trades executed either in the OTC market or during extended hours trading. Recent amendments to FINRA rules will expand the types of situations in which Form T is to be used, but they are not yet in effect.” The response also recommended contacting FINRA. Notice the first portion of the response. “either in the OTC Market or…” Once again, it is confirmed by the SEC that ”after hours” trades do not exist in the Pinks.
FINRA was much less transparent in their response and essentially spewed the same limited information regarding T Trades that is available on their website. None of which, accurately reflects why these trades occur in the OTC Markets. (http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p123750.pdf)
Trying to decipher the meaning of these trades with the limited information that is available on the subject led down several dark paths. Clearly, the average investor is not meant to understand the concept or its rules. Even more disconcerting is the second part of the SEC message “Recent amendments to FINRA rules will expand the types of situations in which Form T is to be used, but they are not yet in effect.” That means there is even less transparency about this mysterious T Trade.
After months of due diligence, there are a few poorly publicized uses for a T Trade. The most important factor here is that the only requirement of market makers by FINRA is that they must report all trades in a day. They are not required to do so when the actual trade occurs.
To avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.
If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
To execute a “Market on Close” order, a market maker may have an order to purchase the stock at a certain price at the end of the trading day. This is the most unlikely scenario because it needs to be assured that someone selling the stock and someone buying that stock are agreeing upon a price. Simply put, this is more likely with insider buying and selling.
The T Trade that the public sees is nothing more than one or all of the above scenarios. The T Trade reported at the end of the day can be from one market maker or many involved market makers. It can be a single purchase price but is usually an average of all of the previously unreported purchases from that business day.
Form T’s
I find it funny how these are so poorly understood to the point of making up myths like “manipulation” and proof of large players “buying”. Although entertaining they are far from the real truth as to what is happening. Obviously everything that occurs during trading hours is to be reported within 30 seconds of the transaction occurring, that is per FINRA and their rules. Now not all trade transaction occur during market hours, those would not be your typical trade transaction, but market hours are from 9:30 to 4:00. A little unknown fact is that transactions that do not involve the market can occur up to 8pm and can be as early as 8am on the following day.
There are two distinctions here in the OTC Market. Premarket Form T can occur for two reasons, late reporting of a transaction from the day before, which is very rare to see and actual pre market trades if allowed by the broker. Rarely are these ever pointed out because they are usually a sign of buying up before the market opens. Never mind they rarely occur that frequently, typically during huge promotions you will see premarket trading activity in the OTC. The premarket Form T is quit boring since they do not conjure up MM manipulation of the PPS since typically the PPS is rising before the market open.. lol
Now as we all know there isn’t afterhours trading in the OTC, NONE and because a trade transaction gets recorded to the consolidated tape after market close does not make it an aftermarket trade. There are several causes of after market close transactions, the most common is the missed “Paint” attempt at closing the security higher. These individuals try to time their trade right at the last few seconds in hopes of sniping the close in a positive direction. They sometimes fail as latency is a real bitch in the matter, their network, their brokers network speed and various other factors create these issues and well, there it is, a Form T for 100 shares to hide the ugly that just missed. Because the transaction was executed during market hours but could not be posted during market hours it is reported in a Form T.
Nothing too crazy yet as far trading, pretty standard stuff, but now we will dive into an area that is not so well known. Large Form T’s reported after the closes are something completely different, you will see this in exchange traded securities also on a daily basis. The standard theory has been that this is just the MMs settling their books at the end of the day, somewhat true, but here in the OTC it is a specific action that is occurring. The OTC has changed over the years and contrary to popular belief MMs do not buy and sell these securities for their own principle account, instead they use Riskless Principle transactions.
So lets say you were given 200,000,000 shares of stinky MDIN as part of your debt deal to them, now it takes a specific broker that will accept the deposit of these newly issued free trading shares. You are not going to Etrade, Scottrade, Schwab…etc with these shares as they will not touch them. This “boutique” broker charges a deposit fee, typically 10-15%, which is a good rate considering the NSCC would charge you 20% on the same shares. Now you have them on deposit and you want them sold, you don’t just say sell them all on the market at once. This action would crush the market and instead your broker will advise you to piece it out with the market volume throughout the day.
So the broker will sell at the market price all day long based upon volume moving in and out, you typically see these broker on the offer, VNDM, VFIN, VERT, BKRT, BMAS..etc.. with undisclosed offer sizes because it is a “BLOCK POSITION”. They sell to retail all day long at market and at some point they will post a transaction for all the shares they sold, this sometimes is below the current Bid and it will be a large transaction. Now these are often reported after market close but they do occur during the trading day also. These Weighted Average Transactions are the Broker buyin for the sales they sold throughout the day, so for example:
200,000@ .0017 1,000,000@ .0017 3,500,000@ .0017 2,000,000@ .0017 300,000@ .0017
These were the transactions recently on a security last week, these are the individual transaction on the consolidated tape. Now 4 minutes after market closed a transaction for 7,000,000@ .0016 shares was reported to the consolidated tape in a Form T. This is a Weighted Average Trade Transaction, the MM sold all day long at market, which in this case was a PPS of .0017, these shares were sold short because the MM already has a Block Position to work from of actual shares. The MM at the end of the day has now purchased the cover from the block position less their commission for the transactions at .0016. Here is a FINRA example:Quote:In this example it is talking about buying, but reverse the process for selling, the idea is to not to significantly affect the market by displaying a massive block of shares and also slowly bleeding the shares out on the market. Essentially when you see an undisclosed block position on the offer and the notorious VNDM, VFIN, VERT, BKRT, BMAS, SUNR… and large Form T or even large block trades during trading hours below the current Bid are going off it is 100% dilution occurring. FINRA frowns upon late reporting for transaction that occur during market hours that are not reported correctly, Form Ts are not a problem. If one is really interested in Trade Reporting I highly recommend these two sources to learn about it: http://www.finra.org/Industry/Regulation/Guidance/p038942 http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=4410 As you can see there is nothing mysterious about them, and when you see these huge million share lots being reported after market close it is 100% dilution related and nothing else.
Section 404: Weighted Average Price/Special Pricing Formula Transactions Q404.1: Member BD1 executes multiple trades to satisfy a customer order and then trades with the customer at a price equal to the volume-weighted average cost of the original trades plus a net difference in accordance with a net trading agreement with its customer. How should BD1 report the trade with its customer? A404.1: The original trades and the customer leg of the transaction should be reported to the tape, and the report of the customer leg should include the weighted average price (.W) modifier. For example, member BD1 receives an order from a customer to buy 5,000 shares of ABCD security and accumulates the shares through five separate trades. Each of these five trades is reported to the tape. BD1 then sells the 5,000 shares of ABCD to its customer at its volume-weighted average cost with a net difference to reflect the compensation agreement between BD1 and its customer. BD1 should report the sale of 5,000 shares to its customer to the tape with the weighted average price modifier.
IMPORTANT LINKS:
SEC filings: http://www.sec.gov/ or http://www.edgar-online.com/
Charts: http://stockcharts.com/ or http://www.stockhideout.com
Pinksheets: http://www.pinksheets.com/index.jsp
The DD Machine: http://www.ddmachine.com/default.asp
Yahoo Finance: http://finance.yahoo.com/
Quote Tracker: http://www.quotetracker.com/index_nn.asp
Better Business Bureau Online: http://www.bbbonline.org/
News Boards: http://www.stockwatch.com/ or www.cnbc.com/
Business Wire: http://home.businesswire.com/portal/site/home/index.jsp?front_door=true&headlineSearchConfigBO=v....
Learn about Options: http://optionmonster.com
SEC Form Types and Definitions http://www.gsionline.com/support/formtypes.html
20 GOLDEN RULES FOR TRADERS: http://www.investopedia.com/
Corporate Bankruptcy: http://www.sec.gov/investor/pubs/bankrupt.htm
CYBER FRAUD: http://www.sec.gov/investor/pubs/cyberfraud.htm
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