Checking back as suggested. I'm not disappointed. Well, a little disappointed in that I took a loss in this instead of selling earlier.

Looks like you can have all u want. I would guess the deal didn't work out?

Wait a minute, this opened @ .02. The adjusted PPS for 1 for 200 would have had to been from .00005? Is that because there was no bid?

Never mind my Friday math.... LOL

One positive I see is Scotty does not have any buy restriction for the new ticker. I just might be able to play this again.

I'm only seeing 2.6M traded, what action are you seeing?

LOL

From $200 to $25, nice addition to my portfolio Yates......

Can't even sell if I wanted to..... broker doesn't have the IHGP shares yet. Does anyone have IHGP shares converted from IHGR?

You think? Sorry, but I'm not seeing a small dilution from my seat.

This closed today with a 60% loss for me, I won't keep it past this week. I made my mistake being greedy and not selling for a 20% profit. Those days are past imo.

GLTA

This can't move if the company keeps selling. If the OS is now 840M, Yates has sold over 200M in the past few weeks.

Hope is diminishing for me, but I can't sell if the company is sitting @ .0001 with large sell orders. Did you happen to ask him why he would sell so many shares at this level if there is value in this company?

I believe scotty got spanked. :)

I wonder if this has anything to do with this trading and certain restrictions....

Hard T+3 Close-Out Requirement; Penalties for Violation Include Prohibition of Further Short Sales, Mandatory Pre-Borrow

The Commission adopted, on an interim final basis, a new rule requiring that short sellers and their broker-dealers deliver securities by the close of business on the settlement date (three days after the sale transaction date, or T+3) and imposing penalties for failure to do so.

If a short sale violates this close out requirement, then any broker-dealer acting on the short seller’s behalf will be prohibited from further short sales in the same security unless the shares are not only located but also pre-borrowed. The prohibition on the broker-dealer’s activity applies not only to short sales for the particular naked short seller, but to all short sales for any customer.

Although the rule will be effective immediately, the Commission is seeking comment during a period of 30 days on all aspects of the rule. The Commission expects to follow further rulemaking procedures at the expiration of the comment period.

Exception for Market Makers from Short Selling Close-Out Provisions in Reg SHO Repealed

The Commission approved a final rule to eliminate the options market maker exception from the close-out requirement of Rule 203(b)(3) in Regulation SHO. This rule change also becomes effective five days after publication in the Federal Register.

As a result, options market makers will be treated in the same way as all other market participants, and required to abide by the hard T+3 closeout requirements that effectively ban naked short selling.

Rule 10b-21 Short Selling Anti-Fraud Rule

The Commission adopted Rule 10b-21, which expressly targets fraudulent short selling transactions. The new rule covers short sellers who deceive broker-dealers or any other market participants. Specifically, the new rule makes clear that those who lie about their intention or ability to deliver securities in time for settlement are violating the law when they fail to deliver. This new rule is effective immediately

scotty updated their trade restriction to sell only. buys not allowed. :(

can't even grab any cheapies

You sound very unhappy Leonard. Did you ever think you might need another hobby? :)

Actually I am glad they are being quiet. Seems like this has real potential that way. Nothing worse than a CEO telling everyone to buy the crap outta it...... lol

Time passes, things may be getting done. We don't play the pennies 'cause they are a sure thing. I'm just grabbing a few now and then as I wait. I believe there is good news waiting on the horizon, but don't bet the farm on it. ;)

GM, are we ready to move this up yet? :)

wow, looks like someone sold cheap today. Low volume day, I guess if your impatient.... I'm wondering if I should camp on those 1's in case there are more impatient people.

I don't expect another pr for a couple of weeks. Should be time to get all anyone wants imo. News of aquisition with revenues should bring much more volume.

agreed, slow is good. plus it will give me time to accumulate more next week. :)

GM all, how's things here? News looks good, any guesses as to when the meaty news will come?

lol
What happened here today? The new pres not spike hope?

I still believe they brought him on for a reason.

Pasted from ibox..
"We currently are seeking new business opportunities. We will endeavor to restructure and grow through the acquisition of additional business opportunities. We anticipate that proposed business ventures will be made available to us through personal contacts of our directors, executive officers and principal stockholders, professional advisors, broker dealers in securities, venture capital personnel, and members of the financial community and others who may present unsolicited proposals."

This is now a shell imo, I will be watching closely :)
GL

Isn't that usually the reason for filing the deregistration? Doesn't that in effect make IHGR a shell?

Thanks, I missed where they stated the discount. I believe Visa gets a standard 3%, that is where I came up with my guess. Then if someone purchases with a credit card..... lol

4-5% sounds good. Some are still trying to evaluate this at SN gross sales... Realistically it might go over better to evaluate based on the divvy from the sale of SN....

Gift cards offer a 4-5% discount to the distributor? I was assuming 1-3%. And a portion of that going to charities.... Does anyone know what SN has negotiated for these cards? I don't quite understand how to put a value on pinr based on SN sales alone.

No prob, I don't get to post during the day. I just thought it was interesting that not many shares were available at yesterday's closing price. One real good sign imo, especially for a Friday.

lol
I think I will be happier if I don't. Another 600K would be nice, but not if it means this has to go backward.... :)

Sadly, I have to play by placing orders in the off hours and hope. Bad way to play the pennies, but I like this one.

GLTA

ummm, no. If I don't get more I will just have to be satisfied with the 3's 4's and now 6's I already got. :) Thanks for the advice tho.

Interesting, I placed an order for 6's yesterday late afternoon. I got a partial fill today (less than 200K). I guess this is the place to be. :)

What do you think the odds are I will get the rest on Monday? lol

If that is true, the company is f'n with their investors imo. They knew very well the name alone would bring volume. That PR was just vague enough to give hope, and it would appear they are now shedding a few more treasury shares in the process.

I had decided that I would ride the few shares I had left into the dirt. Now I have second thoughts of dumping while they will still pay the commission.... lol

GLTA

This is the third fake PR I have seen recently. I really hope the perpetrators get caught, this kind of thing needs stopped. With very harsh punishment......

Damn, I haven't been here for a while. At a glance this is looking like the same ole story. Once a penny CEO gets a taste of selling for cash, it never ends. I guess I just donated my last few shares for his retirement. GLTA

Break what down? The ASWD shares will have a reverse split, then will become USRI. When your broker receives the USRI shares, they will have a restrictive legend on them. You won't be able to remove that restriction for at least 6 months. Different brokers charge a fee for removing the restriction. (they have to have the restriction removed thru the DTCC)

Hope that is helpful. GLTU

If there is a chance for gains here, it will be after USRI shares are available to buy in the open market.

Exactly, all shares USRI issued to ASWD and Ultimate shareholders at the close of the merger will be restricted for 6 months, all other shares issued to consultants will be restricted for 1 year.

Read slowly, you will catch it. :(

All shares of USRI as a result of the merger will be restricted for 6 months. That tells me once my post split shares of ASWD are converted, they will become USRI restricted shares. Am I wrong?

Why should anyone buy? Talk about a royal screw to ASWD shareholders. Why buy now knowing your shares will be restricted?

1-50 RS means current ASWD shareholders will get about .75% of the merged entity. Is anyone sure the vote will br in favor?

Interesting indeed. Sure hope that is not made up. :)

I made money on the run, sure, what's your point? I wouldn't have been here at all if I didn't think there was money to be made. Now I have disclosed my motives. lol

I don't like drama, especially when it is acknowledged by a CEO. Plain and simple, this is my signal to move on. gltu

I must leave this play sadly, I had high hopes. GLTA

That last PR will do more damage to the pps than any message board poster imo. How about a real update?

50M A/S, 10M preferred

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=ojCppjK%252frhVitw9E9J%252f7KA%253d%253d

9.2M O/S, interesting....

Any idea who Tempco Inc is? I believe this Stanley is an interim shell lawyer as in Oncologix Tech Inc which merged into Bestnet Communications.

All assets have been sold, this is a shell up 400%....