Recycle Technologies, Inc.(fka RCYT)

[XyzTrader]

LMAO, oh my god this is best joke ever

[J Weedseed]

LMAO. guess it was good for those who got in and out with a nice profit--if they could actually snag some of the buyer/bagholders' money. i just came and watched it from .03s knowing it would tumble sooner or later fast. no dead cat bounce? I learned about P&Ds the hard way.

[MrPoppaGeorgeo]

Haha

[yaboy520]

The pumpers aint done with this. This should run to a dollar 2morrow

[crystal clear]

Here's the Headquarters according to their website! ROFLOL!!! Can this get any worse?!! It's a storage unit with a mailbox, for pete's sake!!! GEEEEZ!
Scan to the right, it's the unit with the white truck backed up to it.
http://maps.google.com/maps?q=2037+NW+1st+Place++Miami,+FL+33127&layer=c&z=17&iwloc=A&sll=25.796279,-80.198480&cbp=13,42.6,0,0,0&cbll=25.796260,-80.198499&gl=us&ved=0CA4Q2wU&sa=X&ei=t7s5TsjTFJKiygTii9CKBQ

[surf1944]

The reason many of these penny stocks exist is because there are buyers willing to keep coming back for that quick MOMO, now you'll be here whining until is back to a no bid at .0001 again........

[$Green$]

LOL what a runner!! Solid DD here!

[DFLY]

sad bro

[threewheeler]

just keep buying dont do any DD, last one out turn off the lights, LOL

[db]

Wow....still holding the majority of yesterday's MONSTER GAIN!! only down 50%ish from yesterday's 2500%+ gain? Not bad!

[ryan2388]

What are you talking about? This is healthy consolidation....haha jk

[yaboy520]

Lol, you are right. If anyone held this going into today deserve's to loose every penny they invested into this scam

[NJ_TOAD]

-46% well whoever that was yesterday telling me I didnt know what I was talking about looks great now pfft

[DFLY]

02 wasnt hard to see..subs next imo..hopefully those that got rooked didnt get hurt too bad

[crazybetting]

Where is 8K?

[orion123]

RCYT look at their site:
http://recycletechinc.com/productsservices.html
This is a good biz model for housing.
We will all be living in one of these if the markets keep dumping like they have been.

[nocpimping]

Looks to me like someone is soaking up the shares at this level to retest yesterday's highs on this low floater. I'm looking for a good entry here ...This might be it.

[ihogan]

Keep on topic guys, I understand the concerns but keep them relevant to RCYT. Updated the ibox as well.

[DFLY]

now thats DD!right on bravo bravo Nodummy and CC!

[Aragorn1]

RCYT - stick a fork into it. Will be a subpenny by tomorrow evening at the latest.

[DFLY]

dont be fooled by the p and d more like

[$Green$]

Amateur-hour occured b/n 1:30pm-2:30pm yesterday while frontloaded shares were dumped into unwitting hands

[DFLY]

dude look at the dang filing from jan 2010 and then the 8k from few months later do it yourself lol

[DFLY]

YES!ruh roh lol

[ihogan]

If you can provide a link please post so I can change the ibox.

[crystal clear]

UH OH! NO DUMMY has posted on his Fraud Research Board about RCYT!

nodummy Share Thursday, August 04, 2011 10:32:27 AM
Re: crystal clear post# 13918 Post # of 13942

RCYT looks like a front loaded pump and dump on a basically dead shell to me.

A few pumper groups (or maybe they are all connected) organized a pump on the stock and it shot up yesterday

Some websites were involved in the manipulation:

StockRockandRoll, StockLockandLoad, and PennyStockLocks

Submitted by Christopher Bason on Wed, 08/03/2011 - 22:04.
StockRockandRoll, StockLockandLoad, and PennyStockLocks rocked the penny stock market today with our pick of container and green home manufacturer Recycle Tech, Inc (RCYT) at 9:15 a.m. this morning.
RCYT immediately took off from its opening bid below one penny at .002 cents and blasted all the way to .11 cents, for an incredible gain of +5,500.00% in just a few hours!!!
The initial buying interest at the market open that was generated by our recommendation of RCYT showed up on penny stock trader’s alert screens, and by 10 a.m. RCYT was trading above .01 cent with word spreading that RCYT was in play. As more penny stock traders became aware of RCYT’s price surge, additional buying interest from momentum traders propelled RCYT above .03 cents!

pennystocklocks

300 Claremont Ave
A4
Verona, New Jersey 07044
United States

Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: PENNYSTOCKLOCKS.COM
Created on: 27-Apr-11
Expires on: 27-Apr-12
Last Updated on: 02-May-11

Administrative Contact:
McConnon, Robert [e-mail]
pennystocklocks
300 Claremont Ave
A4
Verona, New Jersey 07044
United States
973-303-8818


And a certain forum on this site was also involved.


RCYT is basically just a dead shell at this point.

It is a Colorado business entity that hasn't done a filing since 2008:

http://www.sos.state.co.us/biz/BusinessEntityHistory.do?quitButtonDestination=BusinessEntityDetail&pi1=1&masterFileId=20051178570&srchTyp=ENTITY&entityId2=20051178570&nameTyp=ENT

It went public in 2007 with Bruce Capra as the CEO

On July 7, 2009 Capra bought 20,129,800 shares for $20,129.80 ($.001/share) making the outstanding share count at that time 24,276,400.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=6692731

On January 27, 2010 Joseph Meuse came along (famous for taking over dead companies then reselling them) and bought those shares from Capra plus a few more - 23,229,490 in total representing 97.5% of the outstanding share count at the time through his company Belmont Partners. As is typical in Meuse transactions we are given no purchase price for his shares.

23,229,490 would be 97.5% of 23,825,118 which doesn't seem quite right - more likely the O/S was still around 24,276,400

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7012793

Joseph Meuse then assigned himself as temporary sole officer of the company and issued a bunch more shares.

On January 27, 2010 23,825,118 represented 97.5% of the O/S

On February 16, 2010 when Meuse sold the shell 23,669,490 shares represented approximately 48% of the O/S

Meuse essentially doubled the his ownership after taking over issuing himself 23,198,510 more shares directly (not through Belmont Partners) for an undisclosed amount:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7065999

Then on February 16, 2010 Meuse sold half his take (the shares controlled by Meuse through Belmont Partners) - 23,825,118 for $251,811 (no doubt a very nice profit) to Ryan Gonzales owner of Green Building & Engineering Contractors, LLC

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7070066

The form 4 filed by Meuse also shows that he sold his privately owned 23,434,000 shares for approximately the same amount:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7065999

Green Building & Engineering Contractors, LLC was a brand new Florida business entity just formed on January 19, 2010

http://sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=L10000006612&inq_came_from=NAMFWD&cor_web_names_seq_number=0000&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=GREENBUILDING&names_filing_type=


-------


Despite all the share swapping going on nobody took the time to do any filings with the Colorado SOS. The company remained delinquent the entire time (since 2009).

No new SEC filings have been filed.

No press releases.

We are left to wonder if the transaction for the purchase of the shell has still yet to be completed.

The company seems to be in limbo except for the current Pump & Dump being run on the ticker.


--------


Whatever the case, the price movement on the stock yesterday wasn't based on news or filings. It was strictly manipulation by some pumpers and so there is a huge risk that people following that pump will get taken for lots of money.

[$Green$]

I told u that order would vanish lol http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65862197

[DFLY]

lol

[$King]

RCYT still going BUYERS on BID!!! DONT BE FOOLED!!!

[Aragorn1]

RCYT tankage - the exit is small, very small. Sellers can't get out.

[$King]

ADDING ON BID .05s coming again

[DFLY]

wrong

The number of shares outstanding of the Registrant's common stock, as of the latest practicable date, December 31, 2009, was 24,276,400.

[$Green$]

Buying dried up, its about over

[ihogan]

Please share a link, 11 mil O/S is what I found yesterday

[DFLY]

ah that is a flat out lie bout OS you look at their oldest,most late filing?guess not lol

The number of shares outstanding of the Registrant's common stock, as of the latest practicable date, December 31, 2009, was 24,276,400.

[Aragorn1]

RCYT is done - will very hard to sell, wonder who will be the first. The exit will be very problematic.

[starline]

DYAP trying to do what this did.........LOL what craziness but some will , no doubt do great there today............this looks like it had it day!

[stocktrader80]

Im going to keep an eye on this for any future PR's

[ihogan]

.04 back up

[ihogan]

O/S is 11 million, the way this traded yesterday I imagine the float is less than 2 million or so

[$Green$]

Several million worthless shares being recycled here

[nocpimping]

What is the float over here?

[$Green$]

Retail order (newbs) watch it disappear

[$King]

YES!!! 500,000 share buy order on BID

[DADDY FAT SAXX]

flipped this yesterday. Good luck on this one it looks tricky

[ihogan]

Huge order on the bid at .033 thats probably a good chunk of the float

[$King]

AUTO 500k bid order !!!!!!!!!!!!!!!!!!!!!!!

[$Green$]

float is tiny, shares are worthless lol

[urbanmic]

DYAP- next r/m play

[ismokerocks]

TIIIIIMMMMMMMMBBBBBBEEEEERRRRRRR