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I "think" there is a fairly high stakes game of cat and mouse going on between JS, JR and parties unknown.
The question for those of us who own many of the stocks involved is if they are fighting over the goose that laid the golden egg or the scraps of future dilution...
-- As always, only time will tell --
I wonder
(out loud as it were) if Stanton's legal troubles with the SEC have any impact on the DVLY dividend shares.
The sale is over
New Pangea website (fka VitalTrust althugh official name change has taken place yet). Shows securities.
http://www.pangeaultima.com/default.html
We've been getting beaten down the last few weeks. Perhaps b/c the VTBD dividend isn't worth as much since Stanton is getting half of his USSE shares taken back?
Giff: The critter thinks supply continues to be "pigged-out" on, and that little, if any, additional supply is being made available. Herkemer sees this as very different for a pink sheet company where the operating philosophy is dilute to infinity.
His conclusion is that someone in a position of control wants this to be a real company, and that time is likely the greatest source of risk - not share price.
Herkemer has no visibility on timing, but thinks this could be a rocket, eventually, for those with patience. On the other hand July could be fun.
JL
Is it you or...
your critter?
Rumor: Stanton shares in USSE cancelled.
Reported on USSE board and RB.
Interesting, we appear to have plummeted below .02. I don't see any reason why we did.
My mistake JL. I thought you knew it was restricted. I know we have disagreed in the past on PMGJ, but I think OSSG actually has a chance.
Cash: LOL Please reread my posted response to your question on "restricted." It does not say I believe the shares would be restricted.
It was a joke on the obvious.
Anyway, I have no idea whether it will be restricted or not - or if they will even pay it. For example, I notice - like the USSE situation - they have not posted an ex-date, etc., which will be needed to get a payout of shares. DO NOT rely on the record date.
Could get more interesting, but I need more substance before diving in "whole hog" here. Someone is accumulating though, and it looks like at this point few, if any, new shares are being floated by the company.
It just looks, to this old geezer, like the supply is drying up, and that a catalyst is still needed to get some real movement.
JL
J L mentioned it was, and my experience with pinkie dividends in other companies is that they usually are.
You sure the divy is restricted?
In addition, it would be hard for us to go much over .10. That would put us at a market cap of 100 million (assuming O/S remains steady at 1 billion). The earnings are going to need to go up the millions in order to justify a high P/E ration. Of course, we are still on the pinks and that technical analysis really goes out the door.
Well, I decided to purchase some OSSG at the bottom .02s last week. I already own some VTBD. I know my VTBD dividends via OSSG will be restricted, but I am buying in for the value in OSSG. If they are in fact experiencing 25% revenue growth a quarter and they land a major revenue contract, I can see us breaking .10. That is assuming they haven't diluted and/or increased the A/S and O/S.
Brown said to me about 25% rev growth per Q.
What kind of growth was Mr. Brown predicting? Or is he just optimistic for his own company?
Hmmm, I hope it's only 1 year. I got stuck getting a 2 year restricted dividend on one of my other stocks. I'd really like to sell my VTBD if it rises due to a pop in USSE.
Yes, I believe it will be restricted to those who own shares on the Ex-Dividend Date.
JL
Has anyone confirmed if the dividend shares will be restricted?
Herkemer sez that after carefully parsing your message, he likes the third sentence best.
JL
I wouldn't necessarily believe that b/c it went over .02 on such low volume meant anything about the supply of shares. It looked like it was just a few people (perhaps only 1), that wanted to buy a lot of shares and kept chasing the price up. The MMs knew about the divy PRs and probably also feel OSSG is worth more and will continue to drive the ask up if people chase.
I guess a few want that divy...
Let's just hope JS wants to still give it!
awhhh da Stanton........ ways...........
Ha Ha Ha Ha!!! Whoooo Hooooo!
You got Herkemer checkin' the Hollywood listings of Pig stars to find out which one that is! I gotta tell ya' you made this pig into one happy camper!
As to the share action, Herkemer is certainly more enthused. But there are caveats. First off, the way the price leaped back into the .02 area on low volume has got him thinkin' there is increasingly nothin' left to sell below .02. Supply has just progressively disappeared down at that level. He kinda sees the current price level of .025 - .035 as a potentially new, bottom-end base.
On the other hand those funky, low-volume trades at .035 looking like turkey stuffing. Secondly, those two recent PR's are kinda so-so and he does not know what to make of it. Other than these last two points, he appears pleased on the basis of price and volume action.
JL
Online Sales Strategies Wholly Owned Subsidiary AuctionSound Wins Agreement with Leading eBay Franchisor
Thursday May 24, 9:26 am ET
Potential for over 100 New Accounts
TAMPA, Fla.--(BUSINESS WIRE)--Online Sales Strategies, Inc. (Pink Sheets:OSSG - News) announced today, that its wholly owned subsidiary, AuctionSound ("AuctionSound" or "the Company"), a complete eBay auction management firm, was selected by Auction it TODAY to provide a software solution to their franchise network. Auction it TODAY focuses on eBay drop off stores and was recognized as one of the top 100 franchises in the country. This agreement further strengthens AuctionSound's customer base as the Company continues to position itself to become the industry standard for eBay auction management and inventory software solutions as an eBay certified application.
ADVERTISEMENT
Auction it TODAY has over one hundred twenty stores both domestic and international, including Europe, Australia, Germany, Ireland and Kuwait.
"AuctionSound has done a tremendous job launching the foundation for this industry," John Hoose, President and CEO of Auction it TODAY stated. "We spent several months evaluating different solutions and chose AuctionSound because their product not only focuses, most importantly, on the needs of the franchisee, but includes several tools that will help in the management process of our international network of stores. AuctionSound tailored several aspects of their product to give us branding and proprietary pieces to set us apart in this exploding market." Hoose continued, "I look forward to a longstanding relationship between our two companies. We believe AuctionSound will help ensure the success of each of our franchise locations."
"We are thrilled to have been selected by Auction it TODAY as their franchise software solution. AuctionSound continues to develop software and resources that will strengthen the industry as a whole. The Company has concentrated on developing intelligence tools for networks and franchise brands and I believe several more of these organizations will be taking a closer look at our product," stated Matthew Brown, President of Online Sales Strategies.
About Online Sales Strategies
Online Sales Strategies, Inc. is a leading developer of web-based technologies for businesses of all sizes. OSSG has achieved its own success through the execution of a strategy that emphasizes diversity and interrelated revenue streams. OSSG enables businesses to capitalize on technologies that are critical to the evolving world of online sales and marketing. OSSG's software programs, licensing products, and online solutions bridge the gap between customers, online portals and businesses!
For more information, please visit our website at: http://www.onlinesalesstrategies.com or email our Investor Relations Department at investors@onlinesalesstrategies.com.
About AuctionSound
AuctionSound is a powerful web-based application for eBay auction management and consignment. It was created for eBay Trading Assistants to manage all aspects of the business from customer management, listing tools, auction templates, image hosting, shipping and financial reporting all from one interface. Auction Sound is a certified eBay Compatible Application that supports various business models whether you work from home, have a stand alone eBay drop-off store, a hub and spoke network or an entire franchise.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Online Sales Strategies, Inc. officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-Looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future Online Sales Strategies, Inc. actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-Looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and Online Sales Strategies, Inc. has no specific intention to update these statements.
Contact:
Online Sales Strategies, Inc., Tampa
Matthew Brown, 813-470-7094
mbrown@onlinesalesstrategies.com
--------------------------------------------------------------------------------
Source: Online Sales Strategies, Inc.
Online Sales Strategies Launches New Website
Wednesday May 23, 9:32 am ET
TAMPA, Fla.--(BUSINESS WIRE)--Online Sales Strategies, Inc. (Pink Sheets:OSSG - News; "OSSG" or "the Company"), today announced the launch of its new website which identifies the Company's core business strategies. This website will not only help describe the synergies and product offerings available through its subsidiaries but will allow for investor understanding and interaction.
ADVERTISEMENT
"We have spent the last several years developing a portfolio of technology products that enhance both consumers and businesses ability to buy and sell products online," commented Matthew Brown, President of Online Sales Strategies. "We started our Company as a solutions provider in the eBay ecosystem and have expanded the business to offer a broad based suite of products and services that enhance management and sales of products on the internet," Brown concluded.
The Company currently operates three subsidiaries, AuctionSound, GiGcom and its recently added product www.AdditOnline.com along with its traditional eBay business, The Online Outpost. The Company anticipates significant growth both organically and through acquisitions and is exploring the creation of unique revenue sharing opportunities with businesses that utilize the Company's products to sell on the internet.
About Online Sales Strategies
Online Sales Strategies, Inc. is a leading developer of web-based technologies for businesses of all sizes. OSSG has achieved its own success through the execution of a strategy that emphasizes diversity and interrelated revenue streams. OSSG enables businesses to capitalize on technologies that are critical to the evolving world of online sales and marketing. OSSG's software programs, licensing products, and online solutions bridge the gap between customers, online portals and businesses!
For more information, please visit our website at: http://www.onlinesalesstrategies.com or email our Investor Relations Department at investors@onlinesalesstrategies.com.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Online Sales Strategies, Inc. officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-Looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future Online Sales Strategies, Inc. actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-Looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and Online Sales Strategies, Inc. has no specific intention to update these statements.
Contact:
Online Sales Strategies, Inc., Tampa
Matthew Brown, 813-470-7094
mbrown@onlinesalesstrategies.com
--------------------------------------------------------------------------------
Source: Online Sales Strategies, Inc.
Giff:
Thanks. I think the odds are decent I'll get the capital back. That it was locked up for so long and not working still makes it a loss.
Oh.. Well.. not sure I follow what happened since I wasn't around... for what I know, it would seem only fair, all the float gets the divy...
only wish you total recoup... good luck.
Giff
You've got to be kidding me, right?
I've spoken to Mr Brown on many occasions. Assuming you have, you know then that the stock moves were not by his design.
OSSG:
The only way possible to recoup (not take a loss) is to hold on to the OSSG shares.
I haven't gotten confirmation yet, but I think the dividend will factor in the number of WKGT shares I held on the original record date. Even so, the value of the VTBD shares doesn't recover the cost of WKGT shares.
As for OSSG, there's no way to know the value of it until they start reporting. There would some to be some potential here - I've always though that which is why I held some OSSG.
The reports are long overdue, but every one of the shareholders in the Stanton club can say the same.
Hey TwoEdge... you may get the divy too...
For some reason, It looks to me the entire float gets the divy.."Shareholders who have acquired the Company's stock in the open market".. only restricted do not... It would then only make sense. I want to say, Mr. Brown told me about all the OS share are restricted...
You might call and ask Mr. Brown... number's in the box.. he's very friendly.. good luck.
Seems this is/was the plan all along.. then changed.. now back again..
http://www.theonlineoutpost.com/?pid=news&subpid=news3
PS.. If you do call.. get new OS shares.. Restricted.. and revs.. oh yeh.. ask him if Redwood is PR.. Thanks!
TwoEdgedSword: Could you shed some light on what you think the premium is to the current share price of OSSG?
Thank you.
It would seem that the premium of which you speak may actually be the minimum potential value of OSSG. If this is the case, perhaps former White Night shareholders would be well-advised to recoup their money by owning OSSG at a discount (at these prices).
I too, have gradually become convinced that someone (or a group) has been eating up OSSG shares below .025 for some time.
Interesting turn of events supporting the thesis that OSSG is about to make a substantial move from here.
IMHO
JL
This doesn't make sense:
By allowing OSSG shares to be rewarded with a dividend, they essentially screw the former Whight Knight shareholders.
Those shareholders purchased stock at a much higher premium than OSSG shares are valued. And what they purchased at the time was the value in a holding company.
There was even a record date set back at the time WKGT morphed into OSSG.
Now, there's NEW record date established and it includes OSSG shares bought on the open market - at a substantial reduction in cost?
What I don't see is the reasoning behind granting dividend shares to OSSG shareholders. When they purchased OSSG they purchased stock in a drop-off business.... not a holding holding company.
So every 1-25 share granted to an OSSG shareholder, that's one less share that's granted to those who purchased WKGT shares. Equally substantial is that WKGT shareholders need(ed) to hold those shares for years, until the new record date, thus taking that capital out of their own investment circulation, in order to recieve this diluted dividend.
I appreciate that Giff is happy with this deal, but as someone who held WKGT shares, I am not.
Looks like they lowered the dividend distibution. I thought it would be 1 VTBD : 20 OSSG, but I was wrong.
Someone is defintely gobbling up shares, and it's not me. I'd rather buy below .02 rather than chase.
Online Sales Strategies and Pangea Ultima Conclude Shareholder Distribution
Agreement
TAMPA, Fla., May 22, 2007 (BUSINESS WIRE) -- Online Sales Strategies, Inc. (Pink
Sheets:OSSG) ("OSSG" or "the Company"), today announced an agreement with Pangea
Ultima ("Pangea") to distribute the pro rata distribution as previously announced
in exchange for the White Knight/SST portfolio. Shareholders who have acquired
the Company's stock in the open market and hold that stock as of July 4, 2007
will be eligible for this distribution. Shareholders who qualify will receive 1
share of Pangea for every 25 shares of the Company and will maintain ownership of
their OSSG stock.
"We are pleased to conclude this distribution and our relationship with White
Knight/SST," commented Matthew Brown, President of Online Sales Strategies. "The
Company's focus will be solely on its business plan and exciting new product
offerings," Brown concluded.
"Our initial goal at White Knight was to foster companies and launch them
independently when they were ready to achieve their business plan," stated John
Stanton, Chairman and CEO of Pangea. "Online Sales Strategies Group is poised for
explosive growth and the creation of tremendous shareholder value."
About Online Sales Strategies
Online Sales Strategies, Inc. is a leading developer of web-based technologies
for businesses of all sizes. OSSG has achieved its own success through the
execution of a strategy that emphasizes diversity and interrelated revenue
streams. OSSG enables businesses to capitalize on technologies that are critical
to the evolving world of online sales and marketing. OSSG's software programs,
licensing products, and online solutions bridge the gap between customers, online
portals and businesses!
For more information, please visit our website at:
http://www.onlinesalesstrategies.com or email our Investor Relations Department
at investors@onlinesalesstrategies.com.
About Pangea
Pangea Ultima, a registered Business Development Company under the Investment
Company Act of 1940, provides management and finance primarily to private
companies. The Company invests and manages enterprises in the healthcare, energy,
internet and services sectors.
Investors are cautioned that certain statements contained in this document as
well as some statements in periodic press releases and some oral statements of
Online Sales Strategies, Inc. officials are "Forward-Looking Statements" within
the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act").
Forward-Looking statements include statements which are predictive in nature,
which depend upon or refer to future events or conditions, which include words
such as "believes," "anticipates," "intends," "plans," "expects," and similar
expressions. In addition, any statements concerning future financial performance
(including future revenues, earnings or growth rates), ongoing business
strategies or prospects, and possible future Online Sales Strategies, Inc.
actions, which may be provided by management, are also forward-looking statements
as defined by the Act. Forward-Looking statements involve known and unknown
risks, uncertainties, and other factors which may cause the actual results,
performance or achievements of the Company to materially differ from any future
results, performance or achievements expressed or implied by such forward-looking
statements and to vary significantly from reporting period to reporting period.
Although management believes that the assumptions will, in fact, prove to be
correct or that actual future results will not be different from the expectations
expressed in this report. These statements are not guarantees of future
performance and Online Sales Strategies, Inc. has no specific intention to update
these statements.
SOURCE: Online Sales Strategies, Inc.
Online Sales Strategies, Inc., Tampa
Matthew Brown, 813-470-7094
mbrown@onlinesalesstrategies.com
or
Pangea Ultima, Inc., Tampa
John Stanton, 813-287-5787
Copyright Business Wire 2007
The dividend in VTBD may also be restricted. There has to be something holding it up if the record date hasn't been released yet.
The whole dividend on only 10% of the OSSG o/s baffles me. How would you know what shares qualify or not? Are the white knight OSSG shares still restricted?
Brown says they expect some nice growth in the coming year...
I have no idea if this company can turn a profit.. That of course, would make it worth something.
Correct, so .018 for OSSG makes it look better to buy VTBD. Of course you have to take into account what value OSSG will have post-dividend. They still have a couple of companies left.
Maybe not .015 but I know .018's
Yeah, but you can't buy 100k of OSSG at .015. Those have only been sells, and I'm sure the MMs would realize someone is accumulating and move up the price.
Oh yeh.. that's seem right..
So buy 100,000 OSSG x.015 = $1,500
then get 5K of V @ .33 = $1,650
then see where we go? No?
Wasn't it PR'd that 90% of the O/S in OSSG won't qualify? Assuming the O/S is 1 billion, that would mean 900M isn't eligible while 100M is. I may be wrong.
100M?
I don't rembember seeing that?
There hasn't been a record date set has there?
I still haven't figured out which is the better buy: VTBD or OSSG right now. Considering only 100M of OSSG is getting 5M in VTBD, that would put the exchange at 20:1.
Wait'n for my VTBD divy shares. Then I'll be there.
Why haven't you guys/gals moved over to VTBD? That's where the party is at. Stanton wanted an OTCBB shell for all his securities, thus the transfer of assets from OSSG to VTBD.
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