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MANY registration revoked:
https://www.sec.gov/litigation/admin/2019/34-85369.pdf
MANY SEC Suspension for delinquent Financials/Filings:
https://www.sec.gov/litigation/suspensions/2017/34-81608.pdf
Order:
https://www.sec.gov/litigation/suspensions/2017/34-81608-o.pdf
Admin Proceeding:
https://www.sec.gov/litigation/admin/2017/34-81609.pdf
MANY is severely delinquent in filing Financials and is at extreme risk of an SEC Suspension and subsequent stock registration revocation. The last 10Q was in 2013.
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000907686&owner=exclude&count=40&hidefilings=0
MANY is on the list of delinquent filers:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123772332
1454 SEC Filers have been Suspended by the SEC for Financials delinquencies. The SEC Administrative Law Judge subsequently revoked (or will revoke) the Registrations of each delinquent SEC Filer.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123541685
Moon shot for MANY today?
O/S: 5,658,383 (a/o September 30, 2013)
http://www.otcdynamics.com/$many-plures-technologies-inc-promotional-campaign-starting-nov-2-2015-1101-am-cst/
Good luck
This company now has some very interesting investors to go along with their state of the art technology.
05/09/13...Plures Technologies Completes $5 Million Financing,
http://ih.advfn.com/p.php?pid=nmona&article=57503469&symbol=MANY
CANANDAIGUA, N.Y., May 9, 2013 /PRNewswire/ -- Plures Technologies, Inc (MANY) a leading foundry-based MEMS sensor and spintronics company, today announced the completion of a capital raise with total gross proceeds of approximately $5 million. A sophisticated specialty finance lender that focuses on growing technology based companies led the financing with a total commitment of approximately $2 million in the form of a secured term loan. Current Plures shareholders, including RENN Capital and Cedarview Capital, along with each member of the management team invested approximately $3 million in the form of convertible notes. The proceeds will be used for general corporate purposes, including working capital and marketing of the company's revolutionary magnetometer products.
"I am pleased to announce this new financing into Plures," commented Glenn Fricano, President of Plures Technologies, Inc. "In addition, I'd like to express my appreciation to our current and new investors, including RENN Capital and Cedarview Capital, for their continued vote of confidence in our business model. Plures is well-positioned to grow significantly in 2013, and with the completion of this financing the company now has a clear path to be able to introduce our transformative magnetometer and MEMS based products."
The transaction closed and has been approved by Plures' board of directors. The company will provide a more detailed description of the terms and conditions of the transaction in a Current Report on Form 8-K to be filed with the SEC.
...
About Plures Technologies, Inc.
Plures Technologies Inc., based in Canandaigua, NY, and its subsidiary Advanced Microsensors, based in Shrewsbury, MA, is a leading MEMS sensor and switch company focused on foundry products as well as high-sensitivity magnetoresistive proprietary products.
Contacts:
David Smith
1-585-230-5171
drsmith.mail@gmail.com
Glenn Fricano
1-631-834-5065
Glenn.Fricano@plurestech.com
It was in the PR on 8/10/11...
CMSF expects shortly to take action to amend its Certificate of Incorporation to accomplish a variety of objectives, one of which is to effect a 1 for 400 reverse split or combination of its common stock.
Hmm must have missed that..no I did miss it! Is it in the PR or the filings?
The planned R/S will keep investors away, imo.
hey rich might see some action here tomorrow do you know what the h 52's are? n congrats!
Management: The management team founded PTI on the premise that...
Given the opportunity, investors would choose to invest in a rich portfolio of new high-tech business opportunities over placing their investment bet on a single startup. It’s a congruous team with a unified mindset that this PTI business concept has high merit. The team members in aggregate bring with them a balanced resume of leadership, best practices, financial, patent/legal, technical, innovation, advanced manufacturing, marketing, business analysis, government relations, university networking, grant proposal, project management, investment fund raising and new business startup experience. Most importantly, the team embodies the passion required to see the company through to continuous success.
http://plurestechnologies.com/About_Us.html
Plures Technologies, Inc.
4070 West Lake Road
Canandaigua, New York 14424
info@plurestech.com
PluresTechnologies, Inc. (PTI) is a business development company specializing in creating and acquiring high-potential innovations using a market-need, business-value, technology-feasibility screening process. Once pre-screened, PTI, commits its management, financial and scientific resources to the innovations for product development, prototyping and business planning to enable a timely transition to the marketplace that creates an attractive return on investment for investors and high-tech jobs for the community.
http://plurestechnologies.com/
CMSF Corp. Has Consummated the Acquisition of Plures Technologies, Inc.
http://ih.advfn.com/p.php?pid=nmona&article=48785583&symbol=CMSF
hi, how do you think this will affect the share structure
thanks
go cmsf!!
Float is way too flex able a word for me.. not trying to be pretentious, but having said.. The closest o/s ref is 187 mill.,
on what I see in charting from 1994 and volume bars, if a question involving float is referring to active trades of o/s, little has traded. When this happens I always figure worst case(safe side- max float-extended from whomever was the "AXE"/underwriter/Angels ect ect.. into mainstream) Count the volume. This method doesn't take into account insiders or Brokerages intents on holding obviously.. just what has traded.. in the issue..under the symbol..as listed.
The strength of what I've discussed before, relies on the fundamentals of, speculation on intent
the individual companies each have revs
Two are U.S., one @ standard best practice solution,
One is cutting edge approach (Pico switch)
Third low cost mass supply
If the three companies don't realize together they are worth far more in a public capitalized market.. than separately, well,, it's not my fault.
JMO, a R/M followed by R/S 1:6 followed by uplist, followed in a year with incremental shelfs = 100-150 mill cap.
Won't be my fault if the company employed insiders cannot see they would have 25%-50% of this cap converted to their own wealth.
Do you know what the float is?
If...and we both know how big a word "if" is!, the incorporated results from the R/M, imo, will depend on two factors... initially.
Revs on the semi, and the established MEMS marketing,, then the "thin film" application process which is growing, I believe.
The Pico Switch.. This should be as big or larger.. and the Boston" company should be looked into. Financing is everything at their level.
Then thirdly..The Chinese production Company as I see it, provides mass supply for the efforts of the semi after the semi foundry develops products.. or assists other company in the other companys final products.
It would take some change in the SS to accommodate standard marketing, but the three together are 20x more in valuation than separately.. imo...in standard modeling. The three together make a NASDAQ stock, valuations @ 3.00 a share 50-70 mill share count
pretty easily as is.. two foundrys, mems-thin film-Pico(three divisions). Such valuations for insiders are not that easily accomplished these days for insiders Imo. Looking at the three companys, and the connections the insiders have at all three companys, each insider could make themselves millions via a public capitalization.
Not to beat a dead horse, but that SS needs to be fixed, show under the umbrella, and should be a 10x regardless of SS current.. all things happening as I described.
"If".
Thanks and I love the points and the reason why when I emailed this I had said it could turn out to be a long term based on future filings.
I have many unanswered questions still at this point and am wondering who the news business will be selling too.
that is a key we need also answered and there website does have some limited info now.
the other question is how the market is and will value Chinese companies right now as there are so many with great Fins that are way undervalued and when will Wall street bring back the value
I have one doing sixty million in revs and .10 a share in eps and selling for under a nickle.
HMM makes me wonder.
yesss, one step further is the question I bring up. The Semi, a foundry, working mems(microswitchs), is the mergr candidate. Ultimately, what is the promise, the direction?
I ask the direction question for the simple reason, as I brought the point up, the SS is not making sense on the a/s size of the structure. For the opportunity to exist for holding the stock in a true ongoing rev producing at some kind of good levels, no one needs the a/s to be this high. So, for me, what is the purpose of a extremly high a/s.
It's early in the transaction. But risk/reward is always measured. A/s is a measure of risk intodays market and the exchange this stock at this point is trading on. Many would consider the a/s less diconcerting, if the "forward" or "promise" was larger.
So the questions remain, is the SS going to be adapted to the madel, or is there something we're missing that justifys seeing an A/S this size?
I don't expect you to have the answer, and am not picking at points, just studying the possible forwards from a current market perspective.
The adjoining or shareing company in much of the office space and foundry usages is, Boston MicroSystems. Very juicy, high promise pico switch outfit("powerful sensors to detect dangerous
and often life-threatening, toxic chemicals, biological agents and explosives").... would that not decide for some to make possible exception to a SS not yet adapted... ? Should they fall into line.. they will need a stock struture themselves one day.
The foundry and expertise is this pico switch is the same foundry/same building.
Speculation should be set aside.. towit,, plans for SS and foward intents fom the company is I guess<> what I'm hoping to see.
From what I have read the Semi conductors is the new business but that is off the filings and the merger company that did the deal will sell or transfer most of there stock.
Still can't see my way though. There is a company sharing space with the "semi" company, that is pivotable in some of the Semis operation, I do not know what if any involvement is there in this merger prop. Another pivotable company with the semi is a Chinese Mfg.... same can be said as to any involement... are any of these close relationships going to be brought into/under the umbrella?
THe semi, while established about 10<> years ago, have not shown any new patents since about 2005. The largest portion of buisness is, I believe, what is called MEMS and packaging different solutions for contracted work(for other companys) The MEMS, after study, are at the standard best as far as type(magnetic).
So... is this R/M a capitolization/reward for the semi company insiders..
Is it a way to to bring more than one facet (companys combining with the semi that are pivotal) public..(A chinese r/m for example, the semis mfg.
I could not find where any of the companys involved where to be attending any of the trade shows inherent to the subsector, so new processes may be out when thinking some special reason to generate a sudden influx cash.. like for expansion. But often means nothing, one cannot find out everything about everyone.
Also may mean nothing, but the companys involved seem to be more than pink sheet level players as is most often recognized by size and todate reputation.
Nothing said, nothing ventured, I guess, but SS and or buisness model at least implied, going forward, is needed here.
the link to the semiconductors is the new company by the wya.
Seems like some people that can make things happen, no doubt about it.
Probably see their way to structuring "things" appropriately. Sooner the better, imo.
I was just posting the links to what is coming here.
I like this company and the partners they have with Wellfleet and the other links. I did the research here last week in Fargo and was just adding it for those getting shares this week now.
http://www.wellfleetpartners.com/news-press/
Hmmm, a little transparency by a formal structure adjustment was what I was referring to aliangel,, after all, a debenture makes the o/s to whatever # anyway. A 100 bill stated a/s leaves a lotta room up front in dilution potential. Get those guys on the phone and do a 1:10000 on that 100 bill! lol.
http://www.wellfleetpartners.com/news-press/
* News/Press
* Contact Wellfleet
Form 8-K (CMSF Corp-Plures Technologies, Inc.)
Posted on May 26, 2011
biz.yahoo.com/e/110525/cmsf.ob8-k.html
inevitably it will need a massive readjustment to its stock structure.
LOOKING SWEET!!! WAITING FOR NEXT BIG LEG HERE! .25-.50 IMHO!
Merger finalized. PR Out
http://ih.advfn.com/p.php?pid=nmona&article=47908982
and a 400:1 isn't that good as a 1:400, imo of course, quick hit and run
I agree. Also, the website for Plures is vague and strangely void of individual names, history, or anything material. Very stock.
http://www.plurestechnologies.com/Home_Page.html
hehe - no worries. Either way it is still a massive number.
My fault. Too many zeroes ;)
"As a result of the Reincorporation Merger, the authorized shares of common stock of the Company was increased to 100,000,000,000 shares, the par value was changed to $0.000001 per share and the legal domicile of the surviving corporation was changed to Delaware."
100 billion not 1 trillion. Not to suggest that 100 billion is anything to be excited about.