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cheap relative to what?
what do u expect when your stock has a skull and crossbones next to it!!!
NO NEWS, NO TRADING NO EXPLANATION PROBABLY DEAD!!!
even though the trading halt may be lifted it still may not trade because
SEC Rule 15c2-11 governs the submission and publication of quotations by brokers and dealers for certain non-Nasdaq over-the-counter equity securities. Specifically, the rule applies to a broker/dealer's initiation or resumption of quotations for such securities in any interdealer quotation medium, including the NASD's OTC Bulletin Board" and National Quotation Bureau, Inc.'s "Pink Sheets" ("pink sheets"). Pursuant to the rule, brokers and dealers are required to review and maintain specified information about the issuer of the security before publishing a quotation for that security.
Unless an exception to Rule 15c2-11 is available, the rule can be satisfied in one of only five ways: (1) the broker/dealer must have in its possession a prospectus specified by Section 10(a) of the Securities Act of 1933 (Securities Act) that has been filed with the Commission and which has been in effect less than 90 calendar days; or (2) the broker/dealer must have a copy of the offering circular provided for under Regulation A of the Securities Act and the effective date must be within the preceding 40 days; or (3) the issuer must be current in its filings with the Commission and the broker/dealer must have in its possession the issuer's latest Form 10-K and all subsequent Form 10-Qs and Form 8-Ks; or (4) the issuer must be exempt from Section 12(g) of the Securities Exchange Act of 1934 (Exchange Act) pursuant to Rule 12g3-2(b) and the broker/dealer must have in its possession all the information furnished to the Commission during the issuer's last fiscal year; or (5) the broker/dealer must have in its possession 16 items of information about the issuer, including financial information which shall be reasonably current in relation to the day the quotation is submitted.
Paragraph (g)(1) of Rule 15c2-11 provides that the required financial information with respect to the issuer will be presumed to be reasonably current, unless the broker/dealer has information to the contrary, if the balance sheet is as of a date less than 16 months before the submission or publication of the quotation; the statements of profit and loss and retained earnings are for the 12 months preceding the date of such balance sheet; and, if such balance sheet is not as of a date less than six months before the submission or publication of the quotation, is accompanied by additional statements of profit and loss and retained earnings for the period from the date of such balance sheet to a date less than six months before the submission or publication of the quotation.
Information that does not satisfy the time frame of paragraph (g)(1) of Rule 15c2-11, is presumptively not reasonably current. Broker/dealers seeking to rely on information outside of the time frame must affirmatively establish that the financial information is reasonably current.
5 years ago on maria bartoromo's show he said in 5 years you won't recognize this company and i guess he was very prophetic but not in the way we had all hoped!!!
07/22 09:34:41 CSTI 153017 0.0321 0.033 500000 NITE 07/22 09:30:29
07/22 08:02:37 GTSM 10000 0.03 0.034 571000 CDEL 07/22 11:29:32
07/22 11:29:32 CDEL 40000 0.0283 0.0415 10000 GTSM 07/22 08:02:37
07/22 09:30:29 NITE 10000 0.0252 0.0525 200000 CSTI 07/22 09:34:41
07/22 07:35:04 MAXM 10000 0.0001 0.055 20000 ETRF 07/22 10:07:20
07/22 10:07:20 ETRF 0 0.032 8.00 100 MAXM 07/22 07:35:04
07/22 08:15:00 OTCX U U OTCX 07/22 08:15:00
this the current market on 5barz with over one million shares at .033 and .034 being offered. in other words it would take $36,000 to move this above .034. anyone with that money want to put it into this???
this stock is a disaster down 23% in one day total wipeout
we've been looking out six months for years!!!
Promises mean everything, but after they are broken, sorry means nothing.
this company has a believability as well as a delivery problem. many many promises and no delivery on anything. hell they can't even file their financials ergo the stock is in toiletville
this was put out by 5barz and they just mentioned the other players there was no release by Kaynes just an old announcement from 2 years ago with no date?? and that was about "ROVR" routers and not today's announcement on network extender
at this point it's like the titanic and not enough lifeboats and the captain (AMELIO)has abandoned ship
unlike trump promises made but never delivered!! the only positive visible
is that there seems to be consistent bids at around .028 but that might be old shorts covering ?? having gone this long without any significant
"provable" business developments one would expect the company and the stock would be gone so the fact that it still is trading hints there is still hope. (very little to hang onto but at least it's something)
i think u may be right!!!
has anyone heard of anything regarding this company? are they still in business??
looks like elvis has left the building on this one. stock is dormant with very little activity. anybody have any idea what the hell is going on????
THE QUESTION IS WILL THIS COMPANY SURVIVE ?? STOCK TRADED AT .02 CENTS THIS A.M. IF EVERYTHING IS GOOD AS THE COMPANY SAY'S WHY IS THE STOCK TANKING ??
stock cratered this morning
somewhat MUTED!! their lack of credibility over the years together with massive dilution over the years has contributed to a less than euphoric market reaction. jury still out on this one.
LOTS OF VOLUME AND NO MOVEMENT. THAT'S BECAUSE THE COMPANY HAS OVER 550,000,000 SHARES OUTSTANDING. ALL THE DILUTION OVER THE PAST SEVERAL YEARS HAS COME BACK TO BITE THEM.
good news stock dead!!!
the corroboration is actually in the 10k
i don't know what he has accomplished in the last 5 years if anything and he is 75 years old. don't know how much energy he has left to move this forward. the company keeps saying they are close to finishing and audit but they have been pushing that canard for some time with no completion. is there any way to find out if it is true or not??
this company is on life support one step from the grave!! 5 years of promises and the stock is trading at .04 cents and that is all the answer you need!!!! they can't even get their financials filed??
certain parts of the SEC are closed but not filings. edgar is available for filings.
guess this thing is finally dead but not buried as it is still trading basically by appointment so it probably won't be that much longer before the SEC pulls the plug on quotes
that is called "painting the tape" to make it appear like it really closed at a price other than it really is. remember the "bid" is what really is the price to look at because that is what you can sell it for and that is the most important thing when you own a stock.!!!!
time to pull the chain on the toilet and flush this crap away!!!!
right on!!! talk about fake news , this company is a master at it!!!!!this company is the CNN of microcap companies.
let us hope you are correct as we would all like that scenario to play out however almost a decade has past with so many stories that if it were a book would be larger than "war and peace". so many stories and zero results and a stock that is in the toilet. not exactly a "ringing endorsement of management.
this is amazing!! if you ran a company and had as you say "LARGE ORDERS" would you have any difficulty accessing capital? those orders probably are a mirage. look the stock is .04 cents so something doesn't smell right because if all this was real the stock would not be here at this level. the problem is they can't prove any of it so without independent confirmation no one is buying the "story" any longer.
well this thing is DEAD the question is when is the burial???
it is simple this has been a decade long "STORY" that never seems to get finalized . it is fairly simple if a company delivers on their promises their stock goes up and if they don't it goes down !! the rest is all noise !!! after a decade of "non delivered" promises it is no wonder that the stock got to .027 today and remember if they still have this wiz-bang technology why aren't companies knocking down their doors to do business with them ?? just sayin
once again all these excuses and explanations are nonsense. the fact is this was .095 @ .10 on 9-14-18 now it is 1/2 of that. you either make money or make excuses. currently everyone is making excuses and explanations and not money. everything else is irrelevant.
THESE GUYS HAVE BEEN DORKING AROUND FOR A DECADE AND STILL HAVE NOT DELIVERED ON ANYTHING SUBSTANTIVE AND INDEPENDENTLY VERIFIABLE. SIMPLY A STORY PUMP TO A DIME AND THEN SLIDE BACK DOWN TO .02 CENTS AND THEN BANKRUPTCY.
from your lips to "godzilla"
that business model can work for a well capitalized company as they have the necessary $$$ to wait for cash flow. 5barz is not well capitalized sort of like betting on a horse at the racetrack. if he wins (the horses name is "Router") we all win if he loses pretty much OVER!! never saw apple give i-phones away
what a tangled web we weave when first we practice to deceive!
STOCK WAS PUMPED TO .10 AND I AM SURE A LOT OF " DUMPING" TOOK PLACE AND NOW IS .07 WITH VERY LITTLE SUPPORT AND DRIFTING LOWER???
"Pump and dump" (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price.