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$WIFT was a scam.
WIFT - TDAmeritrade will not allow purchases of it starting May 25 - https://www.tdameritrade.com/retail-en_us/resources/pdf/cesecuritylist.pdf - Incase anyone's interested.
I have noticed steady buying (heavy buying at times) over the past few months, where alot of $$$ has gone into WIFT. More action then I normally see in a stock trading on the expert market that has nothing happening. This could be a sign that this could be revived in the near future, by a shell custodian perhaps. Before the company folded.....they were making settlements on alot of the debt they owed with creditors. Whatever debt they may have still had left after settling with creditors back at that time, has likely passed the statute of limitations. Also, I'd be willing to bet that the O/S here is super low considering they executed a 1/1000 reverse split just before they were suspended. Last O/S listed on otcmarkets was 17k shares. Obviously, O/S is not that low but I would still be willing to bet it has a tiny share structure. I have bought a few hundred k shares here as a lotto. I have seen stocks like this come back to life (grey to pink). They can surprise you.
Greetings from the future!
Did something happen here? Did it reverse split today? Who would even file that? Company is so dead it's ridiculous, nv sos says permanently revoked, no filings in over 10 years. And what's with the volume? This had like millions and millions in debt.
This company was way ahead of its time, shame it couldn't have stayed around. If smart TVs existed this would have blown up.
AMAZING potential for a shell play!!!!!
I owned this stock back in college - maybe 2002-03. It was my first dip into penny stocks. Sounded promising - you can watch tv without the need for a tv or cable package. It was an idea way ahead of its time. Fast forward 15 years and we now have dozens of streaming services and “cord cutters” is a common phrase. They offered a lot of unheard of English language channels and a few international channels. I was really impressed by the product offering but the technology would have been an incredible patent portfolio if management was thinking ahead.
This page has many bits of information:
http://www.otcmarkets.com/stock/WIFT/profile
After 4 days of being suspended, a market maker has to be convinced that WIFT is a real company, and send in a Form 211, FINRA has to approve it. Until then WIFT will languish on the greys, without any market maker making a market for WIFT,[no BID, no ASK].
It can be bought and sold, but most people have to call in their orders, no online trading.
It rots.
I noticed that this stock has had some low volume trades in a few days over the past week or so, does anyone know why? I know that sidedraft posted the SEC suspension but I haven't been able to find any information since then about WIFT.
Anyone know?
Don’t know but it has clearly come off suspension. I have been watching my holding increasing in value nicely lately. I would love to see a big volume day with this one as it could really rock if it got going.
What is going on with this stock? I thought it was suspended a couple months ago but I saw some volume on it today.
Anyone know what is going on?
WIFT: Suspended by SEC
http://www.sec.gov/litigation/suspensions/2014/34-71465.pdf
This is about ready run .. over 500k shares at .0013..
New three year highs ..
Anyone on this board ever look up their office on Google Maps? Checked the address listed in the intro, no WifiTV there. The space is occupied by Blackman Jewelers...
https://maps.google.com/maps?hl=en&tab=wl
Thank you for the heads up .. Could be about ready :)
WIFT such light volume moving this up. It looks like the .0012 gone as of today. My L2 shows .0012 x .0015 after a load of trades at .0012 late in the day.
Looking interesting .. Four year highs ..
Could break .0018 with some volume...
Or they could easily dump those 20 million shares ..lol
Shh.. think she's being walked up slow & steady for a launch from higher levels. I would trade cautiously. The last count reads 30B shares a/s who knows about the float.
Something is weird here.
The stock is moving easy on light volume which it shouldn't with all those shares unless the float is smaller than expected or somebody is holding the bulk lot ..
The company has been nonoperational for a while & it's clearly apparent that there is no dilution coming from there end ..
Buy cheap bid side
Good luck
Ok...so what's moving this...1.5mm shares today.
I know ,the stock picks of these boards, are just pitiful..
It's not that hard..Just look at WIFT's chart,this can't go anywhere but down ...
What are you smoking? This thing's a turd.
Are you all talking about a different stock ?
$36 trade on 40k shares ..I wouldn't call moving on air ..
Where's the proof of this merger ?
Probably a candidate for a reverse merger....could be very good.
She's moving up. On air but even the bid has stepped. Hoo Hoo Knows why?
I can't believe what is happening here
$WIFT ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!
$WIFT has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~
For a more in Depth study and DD profile, similar to the one contained in this link: ~ http://tinyurl.com/DDexample ~
Click the following link and type ticker or brief message asking me about the DD: ~ http://tinyurl.com/GET-THE-DD ~
What does the scan "Parabolic SAR Buy Signals" mean? Below is an image example and study link.
~ http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:parabolic_sar ~
To find other similar posts of "WIFT" utilize the links that follow.
Search MACDgyver's "Parabolic SAR Buy Signals" posts: ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=ParSarBuyScan ~
Search MACDgyver's posts for symbol "WIFT": ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=WIFT ~
Search Ihub for "WIFT" posts: ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=WIFT ~
For more in depth training and information visit Chartschool on the Stockcharts page.
~ http://stockcharts.com/school/doku.php?id=chart_school ~
Also don't forget the Ihub Edu Channel.
~ http://investorshub.advfn.com/boards/education.aspx ~
c
no just pure manipulation.. unless ..
LOL Take a Ticket on that Post!
But...are they still in business? Nothing at all happening.
This is very thin. I think the o/s # would surprise us both
mkt cap clue ~ $WIFT ~ .0007 ~
What...what is going to take place here? Why all the activity on a dead stock/company.
I can't believe what is going to take place here ~ $EOM
Just need cash ..
Stocks goes up after I sell.. so I'm use to it ..
Hope you can make money with my shares ..
Please do ~~ If your selling wouldn't you want proper valuation?
Don't let it go too high..I'm selling here ..
$WIFT 0005 x 0007 early bird special
no pump ~ News coming
Don't have the heart to pump this,knowing the feeling of being pumped..
I can only wish something good happening,so I can get out ..
Be careful with WIFT ..
It will take your money and stop trading ....
Something stopped his in it's tracks .. Weak bid -
.20 50 .0003 on bid
Is that whats up?
That is... Over a 200 bagger..
Another 7 days and still just a false dream ..
4,000 shares , 20 cents .. That's just dumb..
Much more accumulation in the .0004 - .0006 range. All previous spurts have seen a dump right back to .0001 but not much has sold. It looks as though somebody is accumulating a position to me, but we'll see.
I don't buy the MM games posts. Why would any MM give a crap about a stock trading $1000 a day. It could be somebody scooping.
MM's games ,just trying to lure traders, to buy ..
Something very strange going on here.
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Contact Information | Business Description |
Wi-Fi TV, Inc. 3408 Via Oporto Suite 202 Newport Beach, CA 92663
| Wi-Fi TV, Inc. offers ad supported live interactive TV over the Internet, and free memberships are available at WWW.Wi-FiTV.Com. |
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The information provided here has been obtained from publicly available sources as well as directly from issuers in some cases.
Link to camguy's post: A good read
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33235324
EXCELLENT INFORMATION, A MUST READ FOR ANYONE AND EVERYONE PLAYING THE STOCK MARKET:
With Bernie Madoff's Ponzi scheme foremost in many investors' minds, how can you tell whether an investment pitch is a scam? Here are 10 tell-all questions to consider:
1. Does it promise "low risk and high gain?"
Click your heels three times and repeat to yourself, "There is no such thing as a free lunch." It's a fundamental fact of investing that the higher the potential return, the greater the risk that you may never see that return.
2. Will it be "too late" if you don't act now?
Why will it be too late? Any legitimate investment will be there tomorrow, and next week, and next year. Never be pressured into investing in something because tomorrow might be too late. Even if it turns out that the stock doubles tomorrow, you should feel better knowing that you were cautious and responsible with your money. Besides, if someone's giving you a "hot inside tip," you've got a lot more to worry about than whether or not you should act quickly. (See question 10.)
3. Does it claim to predict the future?
"It will double in three months." Oh, yeah? And where did your broker buy his or her crystal ball? Not only is this a ridiculous promise for a broker to make, it's illegal. Report this infraction to his or her sales manager (the next caller might not be as smart as you). And if the matter doesn't get satisfactory attention from a supervisor, contact the Financial Industry Regulatory Agency (FINRA) at www.finra.org.
4. What is the background of the salesperson and his/her employer?
Any individual selling securities to the public must pass a background check, a series of examinations, and be registered with FINRA. Likewise, their employers must also be known to FINRA and the SEC. If you would like to check up on the background of your broker or brokerage firm, use FINRA's BrokerCheck page. But remember, even if they don't have any complaints against them, it doesn't necessarily mean they can be trusted. You could be "Scamee No. 1."
5. Does it "guarantee" anything?
It is not only impossible to guarantee any rate of performance, but doing so will also get your broker tossed out of the industry.
6. Has the salesperson offered to reimburse you for any losses you might incur?
One more no-no that your broker isn't supposed to promise you. This one can get him or her booted, too.
7. Are you one of the "lucky few who have been chosen" to invest in XYZ company?
While this may make you feel special, don't fall for it. You just happen to be one of the lucky few who answered the phone.
8. Does the salesperson claim to have personally invested in the company, too?
What difference does it make whether he or she made a bad investment too? Do you trust the salesperson to call you if and when the investment goes sour? And will he or she get out first?
9. Is the salesperson unwilling to supply a prospectus or financial statements?
If a new company is just going public (an IPO, which stands for initial public offering), you must be given a prospectus. It is long and written in legalese and printed on very thin paper that you can barely read. Read it anyway. Especially the part called "Risks to Investors." If the company in question has been around awhile, ask to see the financial statements for the past two years.
10. Is the salesperson's information "a hot inside tip?"
This is especially important to pay attention to -- not because it could make you rich, but because it could land you in jail. It is illegal to pass on or act on material that is inside information. Anyone telling you otherwise is a liar.
Link to chart:
http://stockcharts.com/charts/gallery.html?WIFT
Outstanding share counts from the transfer agent:
6/30/08 6,227,136
7/7/08 6,369,265
7/18/08 21,862,610
8/5/08 31,637,811
8/20/08 44,889,852
9/5/08 60,769,616
9/23/08 85,214,444
10/15/08 111,433,577
11/07/08 121,084,215
12/03/08 121,084,215
1/14/09 163,344,815
2/17/09 171,479,315
4/22/09 179,613,815
8/20/09 179,613,815
12-17-2010 179,613,815 shares outstanding.
Links to recent new releases can be found here:
http://finance.yahoo.com/q?s=wift.pk
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