Phoenix India Acquisition Corp. (fka PXIA)

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Renee

04/15/16 5:05 PM

Post #21

PXIA Finra deleted symbol:

http://otce.finra.org/DLDeletions

sidedraft

02/03/14 11:27 AM

Post #20

PXIA: Suspended by SEC

http://www.sec.gov/litigation/suspensions/2014/34-71465.pdf

Order:

http://www.sec.gov/litigation/suspensions/2014/34-71465-o.pdf

SuperC

09/03/12 1:30 PM

Post #19

Re: #18: @SuperC - Last post, wrong board... lol

PXIA volume disparity http://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=21058&i=PXIA&pv=recent-symbols&pp=PXIA#&&vs=634822894271781989

http://investorshub.advfn.com/boards/msgsearch.aspx?searchstr=pxia

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79143726

Like many others trading the same type of L2/Last-Sale 'screen' action, they were dropping the BID while the ASK stayed the same. I read that in real-time.
All trading activity on Friday were BUYS.
It doesn't show all buys though, lol
It shows 480k as down volume
http://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=21058&i=PXIA&pv=recent-symbols&pp=PXIA#&&vs=634822896699110825
That is simply not true!]
Look at the open price:
Open .01
High .029
Low .0071
The ASK never ever changed... it was .029 during the entire process. How could that be with a normal trading pattern, it can't be with this many shares traded. Also add this... the last report which is probably accurate stated:
Shareholders’ Equity:
Common stock, $0.0001 par value, authorized 89,000,000 shares, issued and outstanding 8,966,796 shares
Float? let's say 50% of that.
So, how can you trade 689,000 shares on a extreme dormant play, that's had less than 5,000 shares traded on average over the past year and no change up or down on the ASK? You can't!

You can't trade that much and not have the ASK move at least a little either up or down.

This is why again I believe Market Makers are either buying stock themselves because of what they know is coming, or, Market Makers are buying for themselves/others combined.

Most 10day alerts do not happen the next day but can again be dormant for up to 4-6 weeks after the alert. Most who activate a dormant symbol are smart enough not to expose themselves that quick for something to happen the next day!

Even better and I'll give them this much... at least they MASK the majority of buying as sells in 'down-volume'.

FYI, JMO<<< sc

SuperC

09/03/12 1:16 PM

Post #18

Re: #17: @SuperC - APDN .135's who in their right mind would

Last post, wrong board... lol

SuperC

08/31/12 2:55 PM

Post #17

Re: #16: @SuperC - That much volume disparity is a sign of

APDN .135's who in their right mind would give this one up. Accumulation continues under the DOD mandate.

sc

SuperC

08/31/12 2:52 PM

Post #16

Re: #15: @db7 - so mad i missed that drop.. would have

That much volume disparity is a sign of things to come. sc

db7

08/31/12 2:01 PM

Post #15

Re: #14: @SuperC - PXIA .029 strong buying during the drop today,

so mad i missed that drop.. would have liked all of todays vol

SuperC

08/31/12 1:48 PM

Post #14

PXIA .029 strong buying during the drop today, Market Makers without question were buying/allowing buys as it dropped quickly to .0071 then signals of 'green' set in on latter stages of drop.

PXIA 669kvs8k_vol10dayavg

Multiple Day/Week hold here.

More than a few ihubbers on this one

http://investorshub.advfn.com/boards/msgsearch.aspx?searchstr=pxia

sc

NORTH LAND Free

10/22/11 9:43 AM

Post #13

Re: #10: @TallTrader - PXIA info...

8.9m shares outstanding - 89m authorized shares

SuperC

10/19/11 3:54 PM

Post #11

Watching this one, thanks

TallTrader Grandfathered

10/19/11 2:47 PM

Post #10

PXIA info...

Last contact info before filing FRM15:
Ramesh Akella, President
Registrant's telephone number, including area code: (516) 428-3319

PXIA was a SPAC that voted to stay active as a shell instead of dissolving company per 8K filing on 4/24/2008:

New York - Phoenix India Acquisition Corp. [PXIA.OB, PXIAU.OB, PXIAW.OB] today announced that at a Special Meeting held on April 8, 2008, a majority of its stockholders voted in favor of the proposal to remove the blank check company restrictions from the Company's charter, thereby allowing the Company to continue its corporate existence.

Commenting on the stockholder actions, Ramesh Akella, President, said "We are pleased that our stockholders approved this proposal, which we believe is the best way to preserve the Company and create the most value for our stockholders. The Trustee of the Company's trust fund, American Stock Transfer & Trust Company, in accordance with its usual procedures, will distribute the trust fund proceeds on April 21, 2008, to the record holders of the Company's Common Stock as of April 20, 2008. The ex-dividend date for the distribution will be April 22, 2008. This distribution will not require any action on part of the shareholders. We believe that virtually all of the Company’s shares are held of record in "street name," which means that the cash distributions will be sent through the securities industry clearing system to stock brokerage and other financial firms for final distribution to beneficial owners of the stock. Shareholders should contact their financial advisors for details about the receipt and disposition of their share of the cash distribution."

http://www.sec.gov/Archives/edgar/data/1336775/000114420408024049/v111599_ex99-1.htm