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New board is up. Hit it up!!!!
SOLOS taking over the world of Breasts.
I called before the split and safekeeping had to send them in and get new restricted stock after the split. So most likely they will be r/s.
they will still be reverse split... Ameritrade doesn't change the shares you have until you remove the restrictive legend from the stock.
I have a question for anyone who could possibly answer. I have solos restricted shares from the lbtn dividend and i never sent my shares to get them turned into convertable preferred shares. Now the reverse split happened a couple of weeks ago and ameritrade still says that i have the same amount of shares i had before the R/S. Anyone know whats up with that? Are the restricted shares not being reverse split?
Actually breast endoscopy is not new, however Solos is in a profitable market.
i read also that Slsy device is able to find breast cancer as small as 0,2 mm!( = 25 times smaller then standard mammogram!!!)....this is huge! the biggest invention after X-ray machine!...
ita-elios, have you read http://finance.yahoo.com/q/is?s=slsy.pk
slsy need a new board.
share exchange explanation:
http://www.solosendoscopy.com/Information_Statement-Exchange_Offer_v2.pdf
so float now is 81.000...go figure!.
...if company is going to be serious and with no diluiton plan, SLSE will be a 10 $ stock!
Float as 8.1 mil
https://www.otcstockinfo.com/repository/624986/624986_FR1.pdf
Preferred Stock: There are no shares issued or outstanding
FYE FQE Current Date
Common Stock -Period 12/31/05 3/31/06 4/7/06
Shares authorized 70.0 mil 250.0 mil 250.0 mil
Shares outstanding 16.1 mil 30.6 mil 69.6 mil
Public float 3.6 mil 3.6 mil 8.1 mil
Number of shareholders 83 84 90
Common shares issued pursuant to Regulation D, Rule 504:
September, 2005, 2,842,500 shares
Feb/Mar, 2006, 4,540,000 shares
Common restricted shares issued for services: 31,605,056 shares.
is the only aviable number i found too....
...based on 2006 year trading volume(max 600k) ,i suppose float very very tiny ( 5-10 mil?)....so i'm wondering if post- split float will be 50k-100k!
Is OS correct?
Outstanding Shares: 64,600,000 as of 2006-03-31
http://www.pinksheets.com/quote/company_profile.jsp?symbol=SLSE
ita-elios, Thanks for the reply. I am surprised you still have confident even the price has been dropped 100 times lower from 0.5. Since I have only 5000 qualify to do the Stock Exchange Program, do you think it is worth to do (time may be not enough and it also cost ~$70 total, and exchange back also cost money)? How can you know SLSE.pk is differ from wtvi.pk or rmei.pk. Some companies may be very interesting on stock price and structure of shares (to do many times of RS) and not focus on products to sale/service. Thanks again, your email comfort me very much. I was feeling sad and pool as an investor.
My suggestion for you is that you might buy this SLSE after the RS, it might be drop again if you think slse is good and I also hope it is good.
i suppose Slse is planning to go to Amex in 2007, i suppose also future price will be 1 $ or better, so under 0,010 ( 1$ after R/S)could be a good buy....
PS...i own 20.000 shares with exchange company program, then 30.000 bought on 12/22 at 0,0035...(yes 12/22...sigh... only two day late to be eligible for buy-back!), and 40.000 yesterday at 0,007, for total 70.000 at 0,020 average (= 700 shares at 2$ post R/S)... and plan to add another 30.000 under 0,0050 .
ita-elios, I lost in slse, what suppose to do for the shares bought after 12/29/2006?
literally drived to pivot point 0,0050 =0,50$ post R/S =offer price buy-back program
Do you own SLSE dividend shares? If so, you must take action IMMEDIATELY. SLSE is doing two things:
1) A reverse split – as of January 15th they will be REMOVED 99/100 shares you own. VERY BAD.
2) A conversion of common to preferred shares – but your shares need to be submitted to Florida Atlantic Stock Transfer by this Friday, January 12th!
Sending stock certificates takes 3-4 weeks, and is not possible. BUT – I just called TD Ameritrade, and they can make the switch today in their system, and overnight it to the transfer agent tomorrow. It will get there on time if you act NOW. Here’s what you need to do:
1) Call your broker of SLSE dividend shares. If it’s TD Ameritrade, call you need to talk to their “Re-org and Safekeeping” department now. 1-888-723-8504. Main line is 888-871-9007, but will take longer.
2) Tell the Re-org and Safekeeping department to IMMEDIATELY transfer your common shares of SLSE to preferred shares. There will probably be a $30 fee. Do NOT have the certificate sent to yourself; it should go directly to:
Florida Atlantic Stock Transfer
7130 Nob Hill Road
Tamarac, FL 33321
Fax 954-726-6305
Phone 954-726-4954
I wish SLSE had provided this information, but… it’s not in their best interest. The more people that get hit with the RS the better for them, the lower the authorized shares will be. Good luck…!
bad news 4 u - if you have 12,000, you will have 120. COLO, lol, yessir it is...
Don't feel bad, I have quite a few more than that.
Should change symbol to COLO for colonoscopy. Looks like very few took their buyback offer so now they are forcing share holders to do it. The divies are now worthless. I have 12,000 SLSE divies which will be 1200. By the time the restriction is up they will do another R/S and I'll have 120 shares. Yippee! Well I'll be watching after the R/S and flip this puppy every chance I get. GLTA us suckers who got caught in the LBTN divie TRAP.
Definition Needed:
I have a little over 8,000 shares of the restricted dividend stock (from the LBTN scheme) that Scottrade is calling SOLOS*, is this stuff even transferrable? And if not, will it also be swapped at 100 to 1? At 83 shares and almost two years to wait I would have to define it an education rather than an investment.
Well HOW SHOCKING. Today they announced 100/1 RS.
I'm REALLY pissed, as an LBTN bag holder. They denied it yesterday, eh? no plans? I want to sue these bastard pigs, they've killed me TWICE now. grr...
And there's not enough time to convert the restricted SLSE shares I received by next friday, which is the convertible deadline.
ita-elios, Thanks for the reply. I have called in the morning, the person from IR (both for SLSE and LBTN) told me that there is no plan to do RS at this time, they will give us a PR within a couple of weeks for LBTN.
my only wonder is R/S on the way....if so, i think buy-back is best choice....
ita-elios,
Thanks again! Just get more Knowledge from you. How about the Press release LBTN filed on Dec 12 2006? Is is good for new LBTN investors (after September 2006). It looks like 325 share of lbtn.pk (0.0001) will have 1 share of slse (0.025) so, to buy 325,000 share of lbtn is equivalent to buy 1,000 share of slse (You also said '0,035...seems very cheap.').
------------------------------------------------------------
RENO, Nev.--(BUSINESS WIRE)--Lifeline Biotechnologies, Inc.
(Pink Sheets:LBTN - News) today announced that it will
participate in Solos Endoscopy's preferred convertible share
offering by exchanging approximately 4 million restricted
common shares of Solos for the preferred convertible shares
being offered.
....
LBTN distribiuted like a dividend all SLSE shares in mid August 2006...
ita-elios,
Thanks for your email. But lbtn owns slse and tssp (8.3 million share), even for 8.3 milion only, lbtn still with value of 8300,000*0.004 = $33,200. Look the site at
http://www.stocktargets.com/cgi-bin/ticker.pl?command=lbtn.pk
i think you are right...but seems like you must hold shares almost 2 years (1 year of preferred, 1 year of restricted?)...
they want your shares, because they know Slse is going much, much higher then 0,50 cents.!
PS: about Lbtn: is a dead stock!... LBTN sold major assets ( Mastascope and Ovascope to Slse), distribuited Slse like dividend..., and now abandoned shareholders....
...i think you you can take a gain only from trading next TSSP spin-off...
..only my opinion....
Ita-elios, My question is how to exchange common shares of stock from shareholders in exchange for convertible preferred stock to be valued at $0.50 a share. So, we can have 20 time of today price. (0.5=20*0.025).
I'm holding all my shares....and i'm adding also! ( today another 40k at 0,025...yeessss...too cheap!)
Can can I comply with SLSE stock exchange program ( 5 jan 2007 last day)? Any news on LBTN?
no one following this board?....hmmm...very bullish!
PS:...in my opinion, last days to buy SLSE so cheap!...infact shareholders , at current price trading , will be encouraged to comply with SLSE stock exchange program ( 5 jan 2007 last day)...
GO SLSE...and Go Mastascope and Ovascope!!!!
bought today at 0,035...seems very cheap....
i'm confident for long term holding....(if is true Slse is going to major listin , having plan to sell
his products to 3000 hospitals worlwide, and is retiring shares)
PS: i have also free shares from August Lbtn dividend....
...plan to add more in eventual 0,01-0,02 area
MERRY CHRISTMAS EVERYBODY !!!!!
SLSE Last: 0.03 Change: +0.01(+50.00%) Volume: 195.7 k Last Trade: 10:57
Where's the buyback? This is only a share exchange program. Kind of reminds me of the PAIM buyback scam.
Five things that scream scam:
1. They are not "buying back" anything. It is a 1:1 preferred for common split.
2. How can the preferreds have a value unless they are tradeable or convertable for cash. If they do trade the market sets the price not the CEO.
3. Any reduction in the float will be replaced by dillution once the preferreds become convertable in a year.
4. Preferreds are convertable to RESTRICTED commons after a year. That means if you choose to convert to the preferreds, your shares are restricted for 2-3 years. (1 year for the preferreds and 1-2 years for the commons under rule 144)
5. If the preferreds do hold their $.50 value until the one year conversion time, Everyone holding them is losing potential profit each time the PPS of the commons increases.
wow huge news .50 a share that is great cooldivi i am in sweet
http://biz.yahoo.com/iw/061130/0189560.html -- what do you think?
BOSTON, MA--(MARKET WIRE)--Nov 30, 2006 -- Solos Endoscopy, Inc. (Other OTC:SLSE.PK - News) is pleased to announce that the Company is offering a share buyback program to its shareholders. Solos Endoscopy, Inc. will offer to buy back common shares of stock from shareholders in exchange for convertible preferred stock to be valued at $0.50 a share. Current shareholders must have their shares into Florida Atlantic Stock Transfer by December 29th, 2006 in order to qualify for the exchange of common shares to convertible preferred shares.
ADVERTISEMENT
For every one share of Solos Endoscopy, Inc. that shareholders turn into Florida Atlantic Stock Transfer by the deadline, the shareholders will receive one share of convertible preferred stock valued at $0.50 per share. The preferred shares, following a one-year holding period, can then be converted back to restricted common shares at a dollar for a dollar exchange. Shareholders must turn in a minimum of 1000 shares in order to qualify. The convertible preferred stock will be protected from any future stock restructuring by the Company.
"We are very pleased to be able to offer our shareholders this buyback program. With our share repurchase program announcement today, we are reaffirming our confidence and optimism in the long-term future of the Company. As more information becomes available, it will be provided on our website," stated Robert Segersten, President of Solos Endoscopy, Inc.
About Solos Endoscopy, Inc.:
Solos Endoscopy, Inc. is a healthcare technology company whose mission is to develop and market breakthrough technology, applications, medical devices, and procedural techniques for the screening, diagnosis, treatment and management of medical conditions. Backed by technical support, Solos' sales team can help make the right buying decisions for the hospital, surgery center, or physician office. Additional information is available on the Company's website at: www.solosendoscopy.com.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact:
Contact:
Solos Endoscopy, Inc.
Investor Relations
1-866-THE-APPL(E)
http://www.solosendoscopy.com
Source: Solos Endoscopy, Inc.
Need to build in the dilution from the divy shares.
down another 30%...if i wanted sh*t i'd go to the barnyard!
this is gonna drop like a new baby's nutz!
zooman
Still have a year to go on the restriction. .002 by then IMO
.40 3 wks ago..down 50% more since shs. issued!
NOW 1 TENTH OF A DOLLAR!
WHOOPEEEEEE!!!
W O N D E R F U L!!!
ZOOMAN
i got my free shares today. forgot all about this. I didn't even own LBTN on the Friday. wow. nice.
You can't buy on the 18th and get the divy according to what tdameritrade told me today. You have to have bought the shares on or before the ex date. Which technically should be like 2 days prior to the divy date.
From investopedia:
The Important Dates of a Dividend
There are four major dates in the process of a company paying dividends:
Declaration date– This is the date on which the board of directors announces to shareholders and the market as a whole that the company will pay a dividend.
Ex-date or Ex-dividend date– On (or after) this date the security trades without its dividend. If you buy a dividend paying stock one day before the ex-dividend you will still get the dividend, but if you buy on the ex-dividend date, you won't get the dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared you need to sell on (or after) the ex-dividend day. The ex-date is the second business day before the date of record.
Date of record– This is the date on which the company looks at its records to see who the shareholders of the company are. An investor must be listed as a holder of record to ensure the right of a dividend payout.
Date of payment (payable date) – This is the date the company mails out the dividend to the holder of record. This date is generally a week or more after the date of record so that the company has sufficient time to ensure that it accurately pays all those who are entitled.
When Do You Have 2 Own LBTN
2 Get Shares Of SLSE?
Can You Buy On The 18Th
TIA:
$$$$$$$$$$
August 15, 2006 - 11:40 AM EDT
Lifeline Biotechnologies, Inc. Reminds Shareholders That August 18, 2006 Is the Record Date for the Solos Endoscopy, Inc. Stock Dividend - Date Clerification
Lifeline Biotechnologies, Inc. (PINKSHEETS: LBTN) announced today that Friday is the record date for investors to qualify for the Company's Stock Dividend. Lifeline Biotechnologies recently announced that September 29, 2006 will be the date on which the stock dividend will be issued to its shareholders of record as of August 18, 2006.
Lifeline Biotechnologies' shareholders are expected to receive approximately 1 share of SLSE stock for every 100 shares of LBTN stock owned by August 18, 2006. Lifeline Biotechnologies shareholders will maintain their stock ownership of LBTN and will receive a dividend in Solos Endoscopy, Inc., a leading medical instrumentation company with worldwide distribution to major hospitals, surgical centers, and physician's offices. For each shareholder, as of the record date August 18th, 2006, Lifeline will deliver an Information Statement under the Securities Exchange Act of 1934 describing the terms and conditions of the special dividend distribution and the business of Solos Endoscopy.
"With our shareholder dividend announcement, we reaffirm our confidence and optimism in the long term future of the company and continue to execute on our strategy of returning capital to shareholders," stated Jim Holmes, CEO of Lifeline Biotechnologies, Inc.
About Lifeline Biotechnologies, Inc.
Lifeline Biotechnologies develops and acquires undervalued companies which have innovative technology in the Medical, Nutraceutical, and Energy Industries, to increase the growth of the Company. Lifeline Biotechnologies continues to seek out and capitalize on emerging technologies that will change the medical community. More information is available at the company's website: www.lbtn.com.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Source: Market Wire (August 15, 2006 - 11:40 AM EDT)
News by QuoteMedia
www.quotemedia.com
I hope they pick an auditor soon. These guys just went public via a reverse merger. I really want to see this companies financials. They say they are getting ready to uplist nasdaq has fairly steep requirements if they want to make around 30 mill a year, are they already at 10-20? :).
Just Wanted 2 Get A #10 GRUB.
In LBTN @ .002
Get-Er-Done
Later, The Team.
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