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Sproutlets
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Everyone can relax now, done deal, just sit back and wait for the meat and potatoes.
Thanks for the evaluation of that 8K Ali.I like it when they keep you informed unlike a lot of others that you see.Yaw have a good en gotta go work.
Thank You SG and this finalizes the ownership to Ketchmark and Babak Bobby Bahram as we seen from the last filing.
We still have to hold and accumulate till more information by way of 8k what we have for a company
This is great and now we need to look were we go from here.
The 8k is not showing anything i can find of clues to the next step but that is the fun part.
R/M stocks give you many mini runs and much speculation along the way and provides hope in this 8k the deal is done.
Hold tightly and do not sway on the final course as we accumulate.
Looking forward to the next step and that is more information of what the company will be.
This will be provided in there time plan and not ours so this is were patience pays.
Key point is we have a valuable small float shell in the OTCBB.
This is like owning land in the middle of an OIL BOOM region and selling price is set by how much the other land owners around it are getting in price for there finished oils wells, The more oil around us the higher this goes till we drill.
The market is hot now and many are going much higher in value on reverse mergers and the better this is getting till we finish the drilling.
Hold tight and get what you can till we get the final offer by way of an 8K from patrick.
Of course this is done quietly buying and with patience and discipline to hold and buy more.
Dave
I will keep holding! How long do you anticipate before they give us an update as to whether they did the deal.
do not think anything other then someone does not have the patience to hold till news and price is going back up again now.
What do you think about the extreme drop in share price today? No new SEC filings or news.
Sorry All
I have been bouncing allover as of late and running hard.
Almost as hard as the price has been doing and looking great.
No problems here for sure and the patient have a hold of the stock price now.
We will see after the holiday what is next I would think.
Have a great weekend
Dave
Hey guys, where are the updates on SPXA. |Let's keep this in front of us and all those that come to read here.
I think we may get news next week.
Looks like past .02 she scoots;)
lets see that blue sky breakout this week
=)
This Stock Looks to be both Strong and Tight!
yep should see some info soon
I don't see any reason to think this deal doesn't get done. JMO.
the Company and Banister will enter into a redemption agreement (the "Redemption Agreement") for the redemption of Banister's Equity Securities pursuant to which Banister will grant Ketchmark an irrevocable proxy to vote Banister's shares in favor of the Assignment of Property (the "Initial Closing Date").
Closing under the Redemption Agreement is expected to occur within seven days thereafter (the "Final Closing Date") and is subject to receipt of stockholder approval of the Assignment of Property. Upon the Final Closing Date, the Assignment of Property and the Securities Redemption will be completed, Ketchmark will be appointed a director of the Company and Banister will resign as a director of the Company. In the event the Initial Closing Date has not occurred by March 30, 2012, the Escrow Agreement will terminate.
initial closing date is 3/30, the final closing date “is expected” to occur within 7 days thereafter. So we may see a filing/news in early april
BUT if there are some fearful traders here you can sell me your shares in the subs
=D
Except rollover and play dead;)
Deal could be done, they'll pr it when they're ready.
i sure hope they got the escrow agreement done!
Pursuant to the Escrow Agreement, the Company with the assistance of Ketchmark will undertake a private offering of its securities in order to raise approximately $50,000 (the "Private Offering") as soon as possible and prior to March 30, 2012 for the purpose of financing the Company's participation in the Transaction, providing working capital for the Company's operating costs and extinguishing certain of its liabilities. The Escrow Agent has agreed to assist the parties in receiving and disbursing documents, instruments, funds and other materials in connection with the Transaction.
Upon completion of the Private Offering, Ketchmark will be appointed President and Chief Executive Officer of the Company, and the Company and Banister will enter into a redemption agreement (the "Redemption Agreement") for the redemption of Banister's Equity Securities pursuant to which Banister will grant Ketchmark an irrevocable proxy to vote Banister's shares in favor of the Assignment of Property (the "Initial Closing Date"). Closing under the Redemption Agreement is expected to occur within seven days thereafter (the "Final Closing Date") and is subject to receipt of stockholder approval of the Assignment of Property. Upon the Final Closing Date, the Assignment of Property and the Securities Redemption will be completed, Ketchmark will be appointed a director of the Company and Banister will resign as a director of the Company. In the event the Initial Closing Date has not occurred by March 30, 2012, the Escrow Agreement will terminate. No assurance can be made that the parties will be able to complete the Transaction
doesnt appear to be much loading, unfortunately....
didnt the last 8k say on or before 03/30th? im expecting something by tomorrow AH, but not selling if we dont, just expecting
We just have to be patient, we're on the door step and knocking on the door.I'ts possible we may not hear anything until next week.
Make $SPXA do something neato!
Picture perfect, blue skies after .05 and I doubt it will take more than 1-2 mil vol to break it
We should be getting a filing or news any day now. Better be in because it's gonna be tough to get shares imo!
This chart is amazing.
The volume comes in shortly watch out...
http://stockcharts.com/h-sc/ui?s=SPXA&p=W&yr=2&mn=0&dy=0&id=p14693263976
Another nice day here...day after day.
You bet and with Ketchmark and crew have planned for this maybe by the end of the week they better do it quick! This is a BOMB waiting to explode imo..
Float is under 14 million lol!
Well, they gotta cover sooner or later. You really catch them with their pants down on these low floaters that haven't traded any volume.
Squeeze about to commence?
This will be the biggest stock in the otc when momo hits, break .05 and its pure blue skys
No, but should have bought more then!
I should'a bought more last Thursday!
Got 10,000 more. What happens March 30?
ive been here for a few weeks now
Just the start here, did some of you really sell for 0.011? last week.
everyone put out the word... this one just needs attention,, it really is a great buy right here.. problem is, we are the only ones that know about this diamond in the rough
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