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so action going on? is this acquisition closing?
10K out where is everyone on this looks like a great acquisition!!!!
EOD bid as high as .20... thanks for the cheapies today, got my bids in lower tomorrow... would love for a quick pullback to the subs.... yes, it trades that lightly!!!
GTSM and CSTI are bluffs w/ the 1k share blocks. Take 'em out and they move up. Only block left is the 9k
Thanks for posting the initial DD. That's what got me digging in after my scanners went off yesterday!
Been a few years since I've seen a sub run to $10+ on strong volume for the pps... DD solid, big money moving in!
I liked the incoming company so took a chance at $0.10, no one here is always a great thing too lol.
YW... I always do a double take when I see SC on the rocks...
Nice buy HokieHead, way to stay ahead of the game!!!
Today's high represents like a 1,000% gain from today's low of .074... .10's no doubt a beautiful buy...
I got in at .30 with a few hundred shares, but still no fills... waiting for another boom to slap a little...
Added another 2.5K today, may double my position tomorrow to 25K. GCOX going to be huge company imo.
Picked up 10K yesterday at $0.10 on 8K filing. Global Crypto Offering Exchange Ltd. is taking over here, took a 70% stake in the shares.
https://gcoxgroup.com/
GCOX is backed by some huge names in the crypto/blockchain industry including MANNY PACQUIAO, MICHAEL OWEN, JASON DERULO, DANNY SULLIVAN and STEVE ASKEW.
https://gcoxgroup.com/private-investors-and-advisors.html
They were on CNBC Squawk Box:
https://www.cnbc.com/video/2018/03/20/michael-owen-on-his-foray-into-cryptocurrency.html
Partnered now with LaLiga as well:
https://economictimes.indiatimes.com/magazines/panache/laliga-partners-with-crypto-exchange-gcox-to-bring-asian-football-fans-closer-to-the-game/articleshow/70797435.cms
72m OS, 13m float at $0.10 = $7 million, has some nice upside from here imo. Ticker already OTCQB listed.
$NAHD, ASCM shorting, gonna get burned.
NAHD o/s went from 1.8 million to 60.73 million. Wonder what they bought? Anyone have any news on this new company?
Garrox
DMPD: effective Feb 13,2015 DM Products Inc., DMPD, will change to New Asia Holdings Inc., NAHD:
http://otce.finra.org/DailyList
Looks like this company will be getting some action from the new ownership. Wonder who they will merge with. Go DMPD
Thanks for the info small float now and I live the ticker
David m pecoraro.
DMPD Quarterly Report has mentioned that the LOI with IRIS was rescinded. On April 4, 2014 the agreement ended between DMPD and IRIS/Earth Heat. They are now entering a 6 month quiet period and both entities are trying to negotiate a new LOI for a reverse merger. Only 1.8 million shares outstanding. If this still goes through, the share price will increase significantly. IMO
garrox
I would imagine there are three options
1) sell the shell to another company (best option IMO)
2) dilute to achieve cash flow for burn rate of $7,000 per month
3) Close up shop
DMPD is illiquid at the moment, but the share structure may be desirable for a different company
Quiver-Full, Thanks ended up with 500 shares after r/s. They need to get active again.
I did a cursory check of all the typical places where information can be found.
The most recent 10k looks like the Iris deal is off the table
On May 5, 2013, the Company entered into a non-binding Letter of Intent with Iris Corporation Berhad for the purchase of certain assets in exchange for 96.75% of the outstanding stock of DM Products. Both parties to the transaction acknowledge that the Letter of Intent does not contain all matters upon which a Definitive Agreement (“Agreement”) must be reached. Further, the obligations of the Parties to consummate the Agreement are subject to the negotiations and execution of the Agreement in form and substance satisfactory to all Parties and their respective counsel and further due diligence analysis. As of the date of this filing, a draft Agreement has been authorized and approved by written consent of the Directors of DM Products, Inc. and its majority Shareholders. The draft Agreement is a contract between the Company and Earth Heat Limited (an affiliate of Iris Corporation Berhad) and is consistent with the terms presented in the Letter of Intent. The draft Agreement was never executed and the Letter of Intent has since expired.
Quiver-Full, Have you heard any news on what is happening?
Yep... Maybe beginning of 2014
That is what I am thinking.
Possibly closing in on finishing the deal?
4
Somebody knows something
Form 10-Q DM Products, Inc. For: Sep 30
http://archive.fast-edgar.com/20131119/AabIW-enanZ-cL-c9h5-b-egcL-utfA
Filed on: November 19, 2013
Form NT 10-Q/A DM Products, Inc. For: Sep 30
http://archive.fast-edgar.com/20131114/AabIW-enam-kU-crwukX-lyI-qKu-2v
Filed on: November 14, 2013
It never had a chance with the idiots running the show. As I have said before these guys couldn't find their a** with both hands!
DMPD....RIP!
My exact thinking also, although I thought something would have materialized by now. Just got to be patient.
garrox
The company has been quiet while they hammer out the details and I just feel that it has to be getting close.....
I am actually glad they are waiting for news worthy updates and not putting out press releases prior to anything being done.
4
What are you smelling 4on4off?
garrox
I thought this board would be making more noise with .20 getting hit.
He's back looking for those .15s.
I think we go a lot higher from here. It'll be interesting to see if the guy returns and is still looking for the other 14K at .15.
Considering that's approximately 1% of the current OS I would have to agree.
Remember .15 is the before R/S ~ .0008
Looks like someone is looking for 15,000 at .15, since 1400 got filled and that .15 bid is good for another 13,600. An encouraging sign.
Somebody made a buy starting at .15 for DMPD. Is there news coming out?
garrox
Thanks for the PM Quiver.
Looks like the MM are squeezing the Bid/Ask prices. They are .04/.28. I guess they are trying to drum up some volume on DMPD.
garrox
I figure at least another 30 days before any news about the new company. The MM are sure messing around with the BID/ASK quotes. Trying to drum up some trade volume. IMO
garrox
It would have been more definite if it was audited financials. It might be a little longer still
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