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While I am not happy about losing money, I do not yet see a basis for a formal complaint. What, specifically, have any of these entities done that is illegal? Other adjectives come to mind to describe their actions, but there must be something alledged to be illegal as a basis for an investigation by the SEC or court action. It also must be backed up by factual evidence.
"2 or 3 guys in a room" would be misrepresentation. What proof do you have? Without it, whether you are right or wrong, nothing can or will happen.
The above are all IMO.
GLTA
The SEC should investigate and make an example out of Boost. I'd like to see this happen, maybe we should all team up and collaborate on preparing a letter to them. We could send it certified and carbon copy Jason Takacs, Marc Jablon and Fred Rogers. :) That will surely get someones attention.
If a suit is possible ...count me in because this company is TOTAL BS everything they said they were doing is crap ...all this company is ...is 2 or 3 guys in room with a idea on how to beat people out of there money
BOOST! I'll be waiting at the gates of hell for all of you! I need $2 to break even.
Fine with me, I just want to see justice.
Probably, but the lawyers would get all of the money.
GLTY
Wow. They got us good. By far the worst reverse split I've ever seen. Wonder if it was masterfully planned, with the name change, ticker/cusip change, the split, etc. I had a hard time unloading shares because of that. The shares took forever to be delivered too, like it was done on purpose, when it split. When I finally got them, the stock had already lost over 70% of it's value, post split. I wonder if Boost can be sued for this.
You must be joking! I had 88mil shares when they did the RS. I lost five figures.
Right now, I have no confidence that the PPS will significantly improve (as in get to $1.35 to break even) so am trying to salvage what I can and move on.
Have you turned a profit?
Thanks for the info.
Thanks for the info.
Depends on what you consider cheap. Nothing is selling below $0.02. Those are my shares at $0.0248 with a few behind me at $0.0250 and $0.0260, all on ETMM. Next is at $0.09.
I might sell a little cheaper, but no where near the bid.
GLTY
Thinking bout low balling and see if I can pick up some super cheapies. Summer coming up and the push for Agua Star will start up again. lol
I dumped all my shares at the end of the year. Didn't think it'd ever recover. Nice day for the MM's, though, lol. Happened all over the stock market..
In another one that Boost has thier hands in but us longs are giving them a run for thier money! Boost is bad news in everything they touch.
Boost is SUTI, they seem to own everything about them, including reading and responding to all E-mail correspondence (they don't seem to respond to Emails anymore now, though, lol). Boost runs these companies into the ground while making a couple hundred grand in profit releasing unverifiable PR's and dumping millions upon billions of shares onto the market as soon as news is released. Eventually these companies become so tarnished and worthless, that not even a reverse split will help. Boost will then form a new company, issue a bunch of shares to themselves, and repeat all over again while releasing similar information to the public.
They suck!
While I agree that being in bed with Boost is a negative, I think this company is no better. They royally f'd their shareholders with that 1500 to 1 RS.
There is a reason no one will touch this stock, and its not all Boost.
GLTY
This company has been royally f'd by Boost, no o e will touch it. Look at the spread, lol. 0040 on the bid. Insane! I saw .0003 earlier. Didn't SUTI hit just shy of the bid a few months before the reverse split? They may have to do it again just to get it trading because of the 10 cent rule.
Guys, go back and read it again. They talk about Universities they are actively working and another group with an ongoing relationship but no active pursuit of tech projects at this time.
Correct, it could have been worded better.
NOS, I think you are right, they are on the cusp of another contract anouncement. (I need a spell checker option.)
GLTA
Seen that but also said the feds were paying for R&D, R&D for what? What does “active” mean? Are we to believe they put out a pr that said "we are not doing anything to help this company at this time"? Someone needs to be fired, that’s funny stuff. We are going to grow in 2012 but we're not doing anything right now. Please sell all your shares very cheap because we are not evaluating any “active” technology. Sounds like some rumors got started that they wanted to squash very quickly. Wonder why? Wouldn’t that be good for them?
We'll see where this ends up after the reindeer games are over. I'm still on fence but today’s PR proves they still think SUTI has some life in it, no matter how poorly written the press release was they felt they needed to inform us of “something”.
Only trade is a 35K SELL!
No active technology is being evaluated today
LOL
Their business model is excellent, and they seem to be executing it well. There are two problems: First, they screwed over their investors with that 1500 to 1 reverse split. Now no one will touch their stock. Second is that all of the profit they were reporting in the second quarter disappeared in the third quarter. That is fishy. I don't trust them anymore.
GLTU
They seem to have good management in the DD, Been in for over a year waiting on Agua Star, bought more on the college thing, looked good than the rug was pulled.
Nah. CSTI has had someone on for a while at .015 but they had a limit on the number of shares they would buy. After that, there was no one on down to .0001. The guy upped his bid to .016 for 7,500 shares so I sold those to him and he ducked out. That left the bid in sub-zero range. Went from there.
6,000+ went for .001 and 2,000 for like .0011
They may not even be worth that if the co files for bankruptcy but you're probably right about the tax loss thing.
someone selling for a tax loss is my guess. i wasnt watching the L2 so im not sure if the ask was lowered or was it just someone dumping?
What the heck was that all about? -94% is going to look great on the charts. Looked like it was trading before the R/S. Anyway again before the shanaigans someone picked up around 20,000 shares. I'm telling you someone is trying to quitely pick up shares at a 750% discount compared to pre split prices. I'm thinking I may throw a few hundred bucks at this as a lotto play. I can think of no better way to throw money away than here with SUTI; you never know....
I was on the ask, alone, at .02 and didn't get any of those sales. You may be right that the MMs were selling their own shares. Don't know why nothing sold.
Looks like there has been buys at .002 the last three days, some sells at .0015 but most were buys at 2. I know it's not much but why is anyone buying this at all. You may have been on the ask but the MM could be selling their shares and not yours. I'm not trying to make a big deal out of this but I am going to continue to see what i can find out. Could be SPAH's run after their R/S is causing some speculation. We're only talking a little over 40k in three days, not a whole lot when the A/S is 1.5 billion, but I'm going to keep a eye on this and watch for additional volume. If I do find out anything I'll post whatever info I get, also if any of your guys have any contacts you may want to poke around as well.
2011/12/29
5,755
2011/12/28
25,939
2011/12/27
12,308
2011/12/19
50,002
0.020
2011/12/16
0.030
There have been a few sales at .015 to CSTI where people are dumping but the other sales at higher seem to have been either transfers between MMs or within MMs. Until today I've been sitting on the ask for most of a month and have not sold a single share even though there have been sales at my ask price.
Rumor is and it is only rumor at this point is that SUTI will release news of another technology they intent to take to market from one of their university partnerships. May have some sort of military application. I sent emails to the company and waiting for a reply, I'm not getting too excited until I get something more concrete. Could be absolutely nothing but it's worth checking out. I only own a hand full of shares after the R/S so I need this to hit a couple of bucks just to get even but I’ve seen some small buys going through and seems like someone has some interest in this. I was wondering if anyone else had heard anything?
Can you give us any hints? What have you heard that makes you think something is happening?
Their stock isn't selling. I figure VFIN has 30mil to sell and have sold less than 100k. CSTI is buying at .015 but not much, just small packets. I put in to sell 50k, all or nothing and they wouldn't take it.
Word is out on SUTI.
Something is going on with SUTI, not sure what it is yet but our guys are on it. I was in before the rs and really just forgot all about it. Anyway I'll let you know if we find out anything.
Hell I need $2.00 pps to break even but still checking.lol
Starting to see signs of life with very small volume, any thoughts?
Is anyone still here, quite as a goast town?
There's no support on L2 either way you go
They already are. Follow VFIN at $0.050. They have about 30mil to sell. No one will see higher until they are done.
This stock just gets worse and worse. Just wait until SUTI/Boost starts to dump.
lol...if i could i would give you my 24 shares...lol...profit of .73 cents...lol
haha..lol...i guess so..lol
Lucky I bought mine!lol
Merry Christmas!
like one on Friday and so far i have 24? but they all just show up in my account..i have never even heard or tried to buy this stock...
i just logged into my account and saw these shares in my account i never ordered them or nothing....it showed i never paid for them either?
Not worth bailing for me now got to wait.
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