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0.001 x 0.0014 now. Big sell-offs today! Who did those sales? Why?
The bid is up 20% so far! Yesterday the bid was up 200% at 0.003!
Hey good luck with this. I have no interest in tying up money in a company that has traded less than about a million shares total in 5 months with absolutely nothing positive on the horizon, 8 boardmarks and 1 poster in 3 years.
Looks like you are reaching with this one VI.
0.003 x 0.005 now. The bid is up 200% so far!
0.002 x 0.005 now. Easy 10-bagger from today's high 0.005!
90K shares bid at 0.0011 vs only 20K shares ask at 0.005 now.
0.001 x 0.005 now.
Up 3.5% so far! 0.003 x 0.005 now. The next ask is 0.01...
25,000 shares bought at 0.0029 ~ 0.003 so far! Easy 5-bagger based on the tiny MV and extremely low OS count!
This is a extremely low float and very tiny OS OTC stock! Averagely 200-Day trading volume is only 9,561 shares! Did you realize that?
Yeah, on a whopping 500 shares.
It was up 60% yesterday and will surge to the penny land very soon!
Did you do any DD by yourself? Those numbers are on public website!
How in the heck did you arrive at that .34? Please be specific.
The book value is $0.34 per share vs the cash value is $0.0009 per
shares!
GGBMQ has already bottomed out at the all time low 0.0001 and soared
to 0.003 in last week! The coming rally will hit 0.01 at least based
on the tiny 7M shares OS...
New 52-week low 0.0003 was created last week! Sell at the bid ASAP before the CH11 Q stock hits another new low 0.0002 or even 0.0001!
Looks like we got ourselves a nother shell to add to the sock drawer...
As a result of this latest transaction GigaBeam is in full
operation as a private entity and out of Chapter 11. The public entity connected
to symbol GGBM.PK is no longer operating and will continue through the
bankruptcy process.
Means too bad shareholders.....they are a private company now
GigaBeam Completes Restructuring and is Poised for Significant Growth
Mon Nov 2, 2009 5:01pm EST
DURHAM, N.C., Nov. 2, 2009 (GLOBE NEWSWIRE) -- GigaBeam announced today that the
court has approved the sale process, which is a vital piece to restructuring the
business assets. GigaBeam filed its voluntary petition under Chapter 11 of the
US Bankruptcy Code on September 2, 2009 with the support of its senior investors
in an effort to restructure a complicated balance sheet with many unmanageable
liabilities. As a result of this latest transaction GigaBeam is in full
operation as a private entity and out of Chapter 11. The public entity connected
to symbol GGBM.PK is no longer operating and will continue through the
bankruptcy process.
S. Jay Lawrence, GigaBeam's CEO, stated, "This has been a thorough and well
managed process. I would like to thank our investor syndicate and in particular
Midsummer Investment, the agent for the senior secured note holders, who led our
investor syndicate, including Crescent Fund, Enable Capital Partners, Bushido
Investments, and Rockmore Capital, for providing us the support and funding we
required to undertake this endeavor. I would also like to thank all of our
customers, vendors, employees, and other stakeholders for their support. We have
completed the restructuring in record time and as a result the company is now
healthier than it has ever been. I look forward to our future and to continuing
to advance our business. We have come a long way and are looking forward to
growing GigaBeam into a major provider of backhaul radio systems worldwide."
GigaBeam has proven its ability to deliver world class communication solutions
and now that it is unencumbered by debt expects to maximize its financial
position. In keeping with the vision and strategy launched nearly two years ago,
and given the engagement level with its client base, the Company anticipates a
very bright future.
The Company would also like to note the professionals who helped guide the
process including:
GigaBeam's Corporate Counsel, Amy Trombly, of Trombly Business Law in Newton, MA
with whom GigaBeam has had a long standing and productive relationship.
GigaBeam's Bankruptcy Counsel, Daniel K. Astin of Ciardi Ciardi & Astin,
Wilmington, Delaware.
Investor's Bankruptcy Counsel, Adam Friedman of Olshan Grundman Frome Rosenzweig
& Wolosky LLP, New York.
Investment Banking services were provided by John Bambach of Focus Management
Group.
About GigaBeam:
GigaBeam offers fixed wireless communication equipment as well as design and
implementation services of fixed wireless networks using GigaBeam products.
Their flagship product, the Gi-CORE, provides Gigabit Ethernet payloads while
their complete portfolio offers payloads from 10 Mbps to 1000Mbps. GigaBeam's
solutions have been deployed in over 20 countries worldwide. GigaBeam is in the
unique position to deliver a complete and turn-key wireless network designed and
implemented in multiple layers to provide flexible service delivery options,
ensure the infrastructure can be scaled to meet future bandwidth demands, and to
facilitate a broad range of application requirements, including mobile broadband
Internet service. To learn more about GigaBeam's wireless technology, please
visit www.gigabeam.com
The GigaBeam Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=4813
-0-
CONTACT: GigaBeam
Marijke McCandless, Vice President of Corporate
Communications
919-698-6469
marijke.mccandless@gigabeam.com
GGBMQ suddenly up 500%. eom.
Yahoo lists the float on this as 7.05 mil shares.12% held by insiders.Rumored at one point Google was going to buy them in their quest to enter the telecommunications market. Company states in a p.r. they would like to go private...financials are a train wreck,but who knows-perhaps a knight in shining armor will buy them out...worth a toss of the dice in my book-bought 30k shares today.
Like any sane person would listen to you...When are you gonna buy "20 Million damn cheap shares at .0001" as you usually claim?
New 52-week low 0.01 was created yesterday! Sell at bid ASAP before
the CH11 trash hits another new low 0.005. CEO will cancel shares!
They have their "Q"-price seemsto have bottomed at .022-only 3000 shares traded so far today...
Oh, chatter will come, just need the "Q" and then speculation of where the "bounce" comes should kick in......
I thought these guys went Ch 11-no chatter here? Not like IHUB....hmmmm...
I am going to get back in again
I'm thinking that the Broadband stimulus should be a boon for Gigabeam's domestic equipment biz!
Bring it on!
futr
it a good one to buy into
Prominent Gigabeam Installations
http://www.gigabeam.com/CustomizedSolutions/SuccessStories.aspx
futr
This Perimeter Security Alliance just might be Gigabeams ticket to rapid revenue gains!
SightLogix and GigaBeam Partner to Provide Automated Perimeter Surveillance for Wireless Environments
Companies to Present Their Joint Solution at the US Army Force Protection Equipment Demonstration (FPED VII) May 19-21
On Monday May 18, 2009, 8:45 am EDT
Buzz up! Print PRINCETON, NJ and DURHAM, NC--(MARKET WIRE)--May 18, 2009 -- SightLogix, Inc., maker of outdoor intelligent video surveillance systems for critical infrastructure protection, and GigaBeam Corporation (Other OTC:GGBM.PK - News), the leader in multi-gigabit wireless communication technology, have partnered to provide wireless surveillance solutions for commercial and government customers who need to protect large perimeters and outdoor areas.
SightLogix' fixed and rapid-deployment visible and thermal SightSensors(TM) reliably detect outdoor intrusions at long and wide ranges under virtually any weather conditions. When deployed in conjunction with GigaBeam's highly flexible, high-capacity wireless backhaul networks, customers such as enterprises, departments/ministries of defense, local municipalities, universities, medical centers, banks, and other government agencies gain a ubiquitous outdoor surveillance solution for enhanced physical security and force protection.
"Many surveillance applications are in remote locations and areas where infrastructure for setup and communications is difficult, time-consuming, and too costly to provide," said John Romanowich, SightLogix' President and CEO. "Wireless, automated video solutions that can be quickly deployed regardless of available infrastructure," he continued, "represents an invaluable tool for protecting critical infrastructure, key assets, or security personnel."
"Our relationship with SightLogix is very exciting for us. It's absolutely a logical adaptation of our expanded product offering in a surveillance application utilizing revolutionary sensors such as theirs," said S. Jay Lawrence, GigaBeam Corporation CEO. "The ability to build a total wireless network, leveraging the right communications tool for the job, will create the opportunity for expense and time savings as well as being non-invasive to the environment."
SightLogix' intelligent video cameras incorporate edge-based video analytics for accurately detecting targets quickly and efficiently. Combining this functionality with GigaBeam's extensive (up to multi-gigabit-per-second) wireless networking capacity makes outdoor surveillance economical, ubiquitous and reliable. Wireless intelligent video surveillance that can also be rapidly deployed satisfies many security needs, including scene lockdown around emergency events, perimeter detection for SWAT and active shooter operations, security around forward deployed mobile command posts, and preemptive security around commercial sites and areas of national significance.
The companies will present their technologies in the SightLogix booth (#27-I) at the US Army FPED VII event, May 19-21 at the Stafford County Regional Airport, Stafford, Virginia.
SightLogix' surveillance solutions have been purchased by the US Department of Homeland Security for their own perimeter security needs and selected by DHS for the 2008 CEDAP program. The company's automated perimeter security solutions have been deployed around the world to meet the serious outdoor security needs of the transportation, energy, utility, chemical, information technology, public safety and defense industries.
About SightLogix Inc.
SightLogix mission is to provide pre-emptive, automated outdoor surveillance systems to protect critical infrastructure and key assets. The company's open-architecture, Intelligent Video Surveillance system provides full situational awareness to increase both the effectiveness and efficiency of security manpower. For more information, please visit www.sightlogix.com.
About GigaBeam Corporation (Other OTC:GGBM.PK - News)
GigaBeam is a provider of fixed wireless communication equipment. The Company is the industry leader in the upper millimeter wave communication bands from 71GHz to 86GHz and has offerings in other bands including 802.16d Wi-MAX in 3.5GHz and 3.65GHz, 4.9GHz, 5.8GHz, and 18GHz and is considering other product offerings as well. GigaBeam's core products in the 70/80GHz band are immune to interference or interception, can be very densely deployed, and have inexpensive licensing to offer users protection. GigaBeam's product portfolio currently has products from 10Mbps to 1,000Mbps (Gigabit Ethernet). These products are point-to-point, point-to-multipoint, line-of sight and non-line-of-sight. The combined offering can provide ultra broadband high-speeds for core network applications and lower speed and economical edge/access offerings. GigaBeam users include many enterprise customers and cities globally, universities, medical centers, banks, various departments/ministries of defense, and other government agencies globally. To learn more about GigaBeam's revolutionary wireless technology, please visit www.gigabeam.com.
Nice volume today!
Last Sale 0.06 Change +0.03
% Change +100.00 Tick Down
Daily High 0.06 Daily Low 0.05
Opening Price 0.05 Volume 48,474
52 wk. High 0.65 52 wk. Low 0.01
Prev Close 0.03 Dividend 0.00
Yield 0.00 Beta Coefficient 1.53
Got some volume today and some buying! If and when news comes out, this will move fast even in a bad economy! IMHO.
Last Trade: 0.08
Trade Time: Mar 6
Change: 0.02 (33.33%)
Prev Close: 0.06
Open: 0.06
Day's Range: 0.06 - 0.08
52wk Range: 0.01 - 0.94
Volume: 14,675
Avg Vol (3m): 18,326.2
Ready for more volume today, lets see 50k!
Some selling but a buy right after this, something looks to be up, IMHO!!
Lets see more volume at the bid. Low floater scary, not easy to sell.
This has been a nice trading stock if you can pick the highs and lows. I am looking for re-entry at this time
Has anyone had any contact with the company? I need to check the filings
This stock has been great for swing traders
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Free
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