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It is a risk that we might miss the divy if we sell today and company change the record date to later
My broker said the settlement was as of yesterday and my name was on it. Who knows divvy shares n stuff always have me wondering!
Interesting. We'll have to wait and see. Hope the record date won't be changed.
I just called the company contact. She suggest all of us wait for the public announcement for details. Not sure if the record date is going to be changed or not, since my broker doesn't have any info on it.
I called and spoke to my broker they said that I will be getting them even if I sold today as my name was in the settlement. Nice surprise!
Im waiting atleast until I have the shares in my acct
What's going on is everyone who got in for the divvy is gettin out again. The settlement was for 2 days before the record date. So because we were shareholders yesterday we are still getting the divvy even if we take our money back out.
Record date is Monday...so do we have to be in 2 days before the record date or on the record date?
not sure if sellers today will get divies or buyers not taking any chances today
Correct. And they'll be restricted until Dec 31st once they become unrestricted if no other shares are put into play they will only have roughly 19mill out there. The company that's moving in looks very promising to keep at these levels as well. But even if pps drops to .04 you'll break even...which I don't think it'll fall even close to that but that's my opinion.
Ok... that's what I thought too, but seemed too easy. However, I followed a FunnyG deal early this year or last year that got some free cash with a Chinese company so I know it's possible.
Appreciate it.
that's the way I read it so I took 50 @ 4.45 little over 200 bucks, like buying a lottery ticket for a shot at 20 grand, hell even $5 grand would be a nice % return, will try to check web site over weekend, PS last year I bought 1 share of a company for $.004 they did a r/s but guaranteed everyone would have atleast 100 shares after the r/s 1000/1, I had to call my broker and make them read the filings but a week later I had 100 shares at $4, so $400 was not an ass kicking but percentage wise holly shit so some of these do work
Please help out the less sophisticated investor. ;) If I own 100 shares of RMLX(D) right now. I would be given a divvy worth about 11,800 shares (1 to 118).
And, in an ideal world, since they divvy will not affect the OS as they are restricted till end of year, I could make 118 times my money if the share price just stayed the same.
Even if it drops due to many folks clearing their restricted shares next year, a 10 bagger on this money is possible due to to divvy.
THANK you in advance for helping me confirm and learn.
Always following the better traders in the background.
Best wishes,
Badger
Check out their website tonite...looks promising man!
not much just the divvy play for me right now
Have you checked out the new company at all?
Yah they'll be restricted till Dec 31st. Gives the company time to show their value. Could be a nice payday! Glad to have u in Wayno!
there restricted but could be a very nice pay day down the road abit
I'm surprised more people haven't here! Definitely worth the gamble! New company looks good imo.
RMLXD took a little gamble here RMLXD - Announced a 118.62 - 1 Restricted stock dividend with a record date of 04/13/2015. RMLXD will not be quoted ex-dividend.
Apr 07, 2015
OTC Disclosure & News Service
New York, NY -
RMLXD - Roomlinx, Inc. - announced a 118.62 - 1 Restricted stock dividend with a record date of 04/13/2015. The pay date for this dividend is 04/14/2015.
RMLX 1-118 divy coming; market cap <$500k; will be at least 5x from here; Mark my word
RMLXD - Announced a 118.62 - 1 Restricted stock dividend with a record date of 04/13/2015. RMLXD will not be quoted ex-dividend.
Apr 07, 2015
OTC Disclosure & News Service
New York, NY -
RMLXD - Roomlinx, Inc. - announced a 118.62 - 1 Restricted stock dividend with a record date of 04/13/2015. The pay date for this dividend is 04/14/2015.
Additional Comments: restricted Stock dividend. Will not be quoted ex
Note: The above information was disseminated to OTC Markets Group by FINRA
Copyright © 2015 OTC Markets. All Rights Reserved
RMLXD 1-118.62 dividend
Section 2.7 Stock Dividend. Following the Reverse Stock Split, Roomlinx shall declare a stock dividend whereby each of the Roomlinx Stockholders shall receive 118.62 shares of common stock for each share of common stock issued and outstanding following the Reverse Stock Split (the “Stock Dividend”) or an aggregate of 12,603,174 shares (the “Dividend Shares”) in order that they hold an aggregate of 12,710,330 (9.72%) of the Fully Diluted Shares. The Dividend Shares shall be subject to the lockup and registration provisions referenced in Section 3.8 hereof. For the avoidance of doubt, the 7,061,295 (5.40%) Shares to be issued to Cenfin at the Effective Time pursuant to Section 3.2 shall also be subject to the lockup and registration provisions referenced in Section 3.8 hereof. The parties acknowledge and agree that applicable holding periods, for purposes of Rule 144 (as applicable) promulgated under the Securities Act, as well as the Lock-Up provisions set forth in Section 3.8 below, shall commence as of the Effective Time.
RMLX one for 60 reverse split:
http://otce.finra.org/DLSymbolNameChanges
RMLX 1-60 SPLIT AND DIVIDEND 120 FOR 1
RMLX another filing out. it seems to be a divy. I smells some new merger in the works
Item 8.01 Other Events
The Company is amending the previously filed Form 8-K to include the following:
On March 24, 2015, Roomlinx Inc. (the “Company”) authorized a dividend of 12,603,473 of shares of Common Stock (the “Shares”) to its existing shareholders. The issuance of Shares was exempt from registration pursuant to Section 2(a)(3) of the Securities Act of 1933, as amended (the “Act”), since that issuance did not constitute a “sale,” as such term is defined under the Act. The Shares will bear the following restrictive legend:
THESE SHARES ARE RESTRICTED BY THE COMPANY AND MAY NOT BE SOLD, SOLD SHORT, ARBITRAGED, TRANSFERRED, PLEDGED, ENCUMBERED, HYPOTHECATED, OR OTHERWISE DISPOSED OF WITHOUT THE PRIOR WRITTEN CONSENT OF THE COMPANY UNTIL DECEMBER 31, 2015. ANY VIOLATION OF THIS LOCK-UP PROVISION WOULD BE IN VIOLATION OF THE FEDERAL SECURITIES LAWS.
On March 26, 2015, the Company erroneously reported that it was doing a 118.95 Forward Split. This split did not and will not take place. The only split is a Reverse Split of 1 for 60 as described above reducing the issued and outstanding shares to 106,857 shares of Common Stock as of March 27, 2015.
R/S
Date Event Type Eff/Ex Date Symbol Issue Name Market
03/31/2015 10:55:42 Reverse Split/Cusip Change 04/01/2015 00:00:00 RMLX Roomlinx, Inc. Common Stock Other OTC
Details
Previous Value Current Value
Symbol RMLX RMLXD
Issue Name Roomlinx, Inc. Common Stock Roomlinx, Inc. Common Stock
Class
Maturity Date
Market Category Other OTC Other OTC
Unit of Trade 100 100
Regulatory Transaction Fee Yes Yes
Financial Status Indicator
Current Value
Daily List Date 03/31/2015 10:55:42
Event Type Reverse Split/Cusip Change
Effective/Execution (Eff/Ex) Date 04/01/2015 00:00:00
Subject to Corporate Action CD
Offering Type No Restrictions
Daily List Comment
Forward Split Ratio
Reverse Split Ratio 1:60
Dividend Type Reverse Split
Percentage 0
Cash Amount 0
Declaration Date
I see ppl loading huge here.
Looks like someone wants out now!
Some nice money flow in here today. 0.13x0.18
Looks like Merger Done
RMLX preload the monster merger. 0.125
I am not sure. but I think next Monday will be the day to watch for merger filing
Did the L2 just recently stack with all these MMs? I didn't think it looked like this yesterday.
Looking good funnyG!!!
RMLX 0.07 merger pending
Jesus!!! Was at .40 this year!!!
Total market cap for RMLX today is less than $300k. If the new co after merge worth more than $3M, we will break even if buy now. My estimation for the new co value would be around $30M
Hmmm...looks good my dude...yup the 5th would be perfect!
RMLX merger co: Signal Point Holdings debt conversion at $1.2 per share
(d) Debt Conversion . Three Million Two Hundred Thousand Dollars ($3,200,000) of the debt owed to The Robert DePalo Special Opportunity Fund, LLC shall simultaneously convert into capital stock of SP at a valuation of $1.20 per share.
RMLX check out the new company. $10.7 Million Venture on April 21, 2014
http://www.crunchbase.com/organization/signal-point-holdings
they extended the date so that no one can terminate the merger before Jan 15. That's a positive sign that the merger is about to be done. Plus, RMLX has NVSOS updated on 12/29/2014
I would say, Jan 5th will be the good time to announce it.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=uTyJ8q3SG%252fXSFPZlwINT9Q%253d%253d&CorpName=ROOMLINX%2c+INC.
Either that or merger gets terminated right?
RMLX $0.04 next 10 bagger alert. Merger with signalshares to happen before 01/15/2015
Reverse merger takes SignalShare public
On the business side, SignalShare is near completion of a planned “reverse merger” with a company called Roomlinx, Inc., a Broomfield, Colo.-based provider of interactive TV applications for the hospitality industry. Roomlinx, which trades on the “pink sheets” over-the-counter market, will own (along with its investors) 14 percent of the new company, which will be called SignalShare Inc. SignalShare will own the balance, and will give $1 million in cash to Roomlinx, according to a news release from last spring that announced the deal.
http://www.mobilesportsreport.com/2014/11/signalshare-relaunches-with-new-fan-engagement-platform-for-large-venue-wi-fi/
Item 1.01 Entry into a Material Definitive Agreement.
On December 19, 2014, Roomlinx, Inc., a Nevada corporation (the “ Company ”), Signal Point Holdings Corp. (“ SPHC ”) and Roomlinx Merger Corp. (“ RMC ”) entered into Amendment No. 2 (“ Amendment No. 2 ”) to the Agreement and Plan of Merger dated as of March 14, 2014 by and among the Company, SPHC and RMC (as amended by Amendment No. 1 dated as of September 22, 2014, the “ Merger Agreement ”).
The purpose of Amendment No. 2 is to extend the outside date after which either the Company or SPHC may terminate the Merger Agreement to January 15, 2015.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10377680
We just got a 60,000 room install folks. For a company that currently only has 40,000 rooms, this is huge! With a total of 100,000 rooms our market cap should be at least $40mm or $8/share.
With a little more volume than usual, I would not be surprised if the share price doubles in the next couple of weeks.
Roomlinx Reports Results for Third Quarter and Nine Months Ended September 30, 2011
| 11:08 AM |
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69220539
1-100 R/S
7/30/2010 RMLX Roomlinx, Inc. Common Stock
RMLXD Roomlinx, Inc. New Common Stock
"RMLX News" Kessler Hotels Sign Third Hotel to Install Roomlinx iTV Roomlinx to Install iTV, and FTG to the Doubletree Castle Hotel, Orlando
http://www.marketwatch.com/story/kessler-hotels-sign-third-hotel-to-install-roomlinx-itv-2010-05-25?reflink=MW_news_stmp
DENVER, May 25, 2010 (GlobeNewswire via COMTEX) -- Roomlinx, Inc. /quotes/comstock/11k!rmlx (RMLX 0.05, -.00, -3.16%) , a leading supplier of Interactive TV (iTV) for the hospitality industry, today announced that the Kessler Collection has signed a five year agreement to install iTV and free-to-guest HD television programming to the 216 room Doubletree Castle Hotel in Orlando, Florida.
The Kessler Collection (www.kesslercollection.com) consists of 13 luxury hotels throughout the US. The Doubletree Castle will be the third Kessler Collection hotel to install the Roomlinx iTV system and the first to install Roomlinx' free-to-guest HD television programming. Roomlinx installed iTV and wireless HSIA (High Speed Internet Access) service into the Grand Bohemian Hotel in Asheville, NC in early 2009 and the Bohemian Hotel in Savannah, GA in the summer of 2009.
"We have had tremendous success with Roomlinx on multiple fronts," said Scott Schreiber, President and COO of Kessler. "The guest response to the iTV product has been amazing and the product definitely helps us to differentiate ourselves from the competition and to drive RevPar."
Roomlinx anticipates the full installation of the Orlando hotel to be completed in August of this year and the remaining Kessler portfolio to be installed upon completion of their existing in-room entertainment contracts.
"This win is additional evidence that our product and sales strategies are coming to fruition," commented Mike Wasik, CEO of Roomlinx. "The Kessler organization is top notch and we are very proud to be their choice for in-room-entertainment. We will continue to cultivate and deepen our relationship by providing best in class products and services."
I'm planning on riding it until splits. Seems like this company has a huge potential but the hospitality industry probably isn't spending a lot of money due to economic conditions. We'll see though. Thanks for the thoughts!
Maybe so, but you have to realize just how thinly this stock is traded. It is on the OB which is like the wild west, and the company that executes the trades can have a large say in the pricing and how many shares they release. Besides which, RMLX has announced their intent to do a reverse 1 for 100 share split. That is historically bad for shareholders. And once they effect the split they can issue millions of shares to help finance their operations - which will significantly dilute shareholders value. This is a VERY risky stock, even though I like the product and believe it will be successful. Timing will be everything on this one.
52 Week High!
This stock seems to be moving quite a bit and nothing on here. Am I missing something? I know they have a RS in the works but I'd still think there would be at least a few investors on here chattin it up. Insights?
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Market Value1 | $282,102 | a/o Dec 30, 2014 |
Shares Outstanding | 6,411,413 | a/o Nov 12, 2013 |
Float | Not Available | |
Authorized Shares | Not Available | |
Par Value | 0.001 |
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