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Generally speaking a reverse- split is anything but good for a company, but there are also exceptions.
"The name change to SpectralCast reflects the Company's quickly approaching transition to a new management team and board of directors, along with the adoption of a broader growth strategy," said Carl Conte, Chief Executive Officer of 7 Star Entertainment Inc./SpectralCast Inc. The transition is part of the acquisition of Orbital Laboratories Inc. as mentioned in previous announcements."
This is one of the exceptions. The company is looking to bring change to its current performance and may release a line of appealing press releases. This in turn will create buzz and bring in new investors if done correctly. If management is looking to increase investor interest they have this chance following the reverse split. I really see a chance for a positive outcome to this reverse split.
Happy trading SAEE (SAEED)
Any pre Super Bowl big screen tv ads
might be on a tight timeline by the
pr info...
Lol, and I don't mean at the Super Bowl, of course...
http://www.amazon.com/Orbital-OBL50058ES-58-Inch-1080p-120Hz/dp/B00CBAYS32/ref=sr_1_3?ie=UTF8&qid=1389679684&sr=8-3&keywords=orbital
Share count appears the same as October info...LJ
7 Star Entertainment Inc. changed to SpectralCast Inc., and a one for 150 reverse split:
http://www.otcbb.com/asp/dailylist_detail.asp?d=01/14/2014&mkt_ctg=NON-OTCBB
im not in it. just wanted to let you all know.
Might shoulda bot a big screen tv instead...
Chart shows most folks may be in at much
higher prices prior to last Wednesday...
So it would be good if the company does have a
plan to benefit all...LJ
never seen a stock go up on r/s news but im happy for you guys. just wnated to warn the board since i saw street post it.
Yeah, but Ncne, now Hops went from .25
or so to where it is now quick...
http://www.otcmarkets.com/stock/HOPS/quote
Low share count and float can benefit if
the right folks do it...
When SAEE publicly announces the deal
closing will any get left behind trying to
get in a mugh tighter float?...
Do you think SAEE did the paperwork in December
in Florida for no reason?...
Have no answers, just some questions...LJ
Does anyone know how products have been
selling if an announcement on a deal
completion comes out?...LJ
http://www.twice.com/articletype/news/7-star-moves-acquire-orbital/109141
Thanks, an uplisting along with acquisition
makes more sense if they get the float under
2 million along with a lower share count...
Was wondering why dollarbillz was posting...LJ
it said name change to Spectralcast, they were also reducing A/S to 75 million and the 1-50
I was surprised, under 100m float...they will still have to get approval from Finra and all that of course
Thx - can only see pg 1 for some reason.
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail/EntityName/domp-p06000083332-420ceaf5-8c2d-4ad0-b6f9-0bac9befc0b8/7%20star%20entertainment/Page1
it's within the 1/6/14 amendment - time frame unknown
Can you post a link - thx
Hey Bud....I was watching SAEE for reversal too...just checked Florida SOS and it looks like a 1-50 Reverse Split is coming...doesn't say when, could be months, just wanted to give you a heads up.
Eric
she's listing to the side...she's goin down. ANother bagholder for me.
$SAEE new product lines slated for 2014 are the Orbital Beacon and the Orbital Media Player http://finance.yahoo.com/news/7-star-entertainment-looks-forward-130000539.html?soc_src=mediacontentstory
What happened to updating this pr that was released November 22:
7 Star would also like to update its shareholders on the progress of completing the recently announced acquisition of Orbital Laboratories. "Our management team is working around the clock to finalize the acquisition and we are on track for completion by month's end. We continue our effort to promote shareholder awareness and wanted to take this opportunity to explain how we expect the acquisition of Orbital to drive the next phase of 7 Star's growth," 7 Star CEO, Carl Conte.
SAEE coming back to life? The company sure left us hanging with no updates since November.
Pump campaign started again. Maybe this time with pumping news for a good quick run up. Followed by a big short down. Would love to see .02
I am sitting on 177K shares I got several weeks ago. Not getting shaken off
VNDM is just trying to scare people out of their shares here. I have been in contact with the TA for almost a month now and the ss hasn't changed during that time and VNDM has been there the entire time. $SAEE
Yes sir picked up some .0058 today. :)
$SAEE 12-16-13 not 12-16-12 on my previous post. :)
You must have a buy order out at that time and hope it grabs
$SAEE share structure update as of 12-16-12 email from TA:
Hello Bradley,
Float: 83,678,280
Outstanding: 193,796,613
Efraim
Efraim Rios
Globex Transfer, LLC
780 Deltona Blvd., Suite 202
Deltona, FL 32725
813-344-4490 ext 258
On Mon, Dec 16, 2013 at 10:25 AM, Bwsims <xxxxxxx@yahoo.com> wrote:
Mr Rios,
Can I please get the share structure as of today 12-16-13 for Seven Star Entertainment. I have contacted the company like you all suggested and still get no response. Thanks for your help.
Best Regards,
Bradley
Sent from my iPhone
I will email the TA tomorrow to try and get an update. $SAEE
Share Structure Update $SAEE
My post from December 2, 2013
$SAEE SHARE STRUCTURE UPDATE FROM TA IT HASNT CHANGED IN OVER A WEEK FLOAT HAS INCREASED SLIGHTLY FROM THE OCT. 11 OTCMARKETS UPDATE:
Efraim Rios
To Me
Today at 11:09 AM
Float 83,678,280
Restricted 110,118,333
OS Total 193,796,613
Authorized 700,000,000
Efraim Rios
Globex Transfer, LLC
780 Deltona Blvd., Suite 202
Deltona, FL 32725
813-344-4490 ext 258
OTCMARKETS INFO JUST FOR COMPARING CHECK THE DATE:
Shares Outstanding 193,796,613 a/o Oct 11, 2013
Float 79,678,280 a/o Oct 11, 2013
Authorized Shares 700,000,000 a/o Oct 11, 2013
Share Structure
Market Value1 $1,841,068 a/o Dec 13, 2013
Shares Outstanding 193,796,613 a/o Oct 11, 2013
Float 79,678,280 a/o Oct 11, 2013
Authorized Shares 700,000,000 a/o Oct 11, 2013
Par Value Not Available
Shareholders
Shareholders of Record 102 a/o Oct 11, 2013
Could be dilution I haven't checked the share structure or filings but it's OTC do my first guess is dilution followed by promoters front loading after that it's profit taking. Just my two cents. GLTA.
I think the traders that got I. Early are getting bored and are selling for smaller profits or break evens. This creates a new higher base for the current traders. Nothing wrong with getting rid of early profit takers. I am waiting for great press release from SAEE this month or January. With such a small float this will rip fast when this happens. I am loaded and have time. Great reward opportunity here. Buy the dips. All in my honest opinion Ofcoarse
Can anyone tell me why,having traded 4194595 shares today all blue no red, that the share price only moves up +0.0005 ?
good volume neared the close.. lets see what happens for the rest of the week
This will bring lots of money for anyone that's already in. The popularity is here. Now on the break of news this flies
No doubt about it! $SAEE is setup for growth..
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