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Great find trader60609!!!!!!!! This unbiased report needs to be shared every where!!!!!!!!!
16 Million shares dumped so far and 1 hour left to trade. Wow, this sucks!
I sure hope not. Let's say they added 75 million shares during the 3rd quarter bringing the total outstanding shares to 700 million. At .002 per share, the company's market cap would be $1.4 million! Their net profit was all most twice that in the last quarter!
Agreed cdhames!
There will be no bid support as long as VNDM continues to sell at what ever price they can get. Apparently the "preferred" shareholders do not care what price they get per share as long as it gets sold. Just my humble opinion.
Would if I could, out of powder!
Pretty obvious VNDM is dumping converted preferred shares. And doing so no matter what the price it takes to sell. We are at it's mercy. Just wish this would end soon. Hope some of the longs are grabbing these cheapies, other wise this is going to be a flip fest for a while!
Perfectly said and dead on!
So I guess since you are stating facts you somehow have access to insider information about Praxsyn?
I'll just wait for the next 10Q and we will see how this all plays out.
Good luck to you and your goals with this company.
Neither of us know the answers to your questions. That would be insider information. We will find out at the next 10Q.
Good luck to you in whatever outcome you are looking for with this company.
Why does this matter? If NHS is not fulfilling Praxsyn's expectations of sales, Praxsyn can terminate this contract without cause! Praxsyn is not on the hook for $120,000,000 if NHS cannot perform! This is a dead issue!
The material terms of the Agreement include that: a) the term of the Agreement shall be for one year; b) either party may terminate the Agreement without cause upon giving the other party thirty (30) days’ written notice; c) in line with the previous compensation paid to NHS by Mesa, Mesa shall pay NHS monthly scheduled flat fee payments totaling $120,000,000 over the term of the Agreement for the Services; and d) the Script Processing Services Contract, dated December 4, 2014 and the Marketing Company Agreement, dated January 26, 2015, entered into by Mesa and NHS are now null and void and of no further effect.
4) When will the Mesa website be up and running?
I agree Stock Talker! Too bad the market doesn't see this!
Agreed!!!!!
If I am reading the 8K correctly, Praxsyn will be paying a flat fee of $120 million over the next 12 months. Can anyone guess what that means for Praxsyn in total sales and net profits???????
I think it is time to remove John Garbino and TPS from the Investershub PraXsyn profile!
Kind of what I was thinking, hoping for a little more of course!
I am betting a March update on sales! They issued a monthly report for February on March 3rd. Anyone want to take a guess on the dollar amount?????
For me, and a lot of other I bet, its the March report for sales that I am most excited about, along with the FY15 1st quarter 10Q!
Back at you KennyT! 4 million just in February! Can't wait to hear about March!
I don't post often. Sitting quite with my 630K shares but just seen the news on PraXsyn Corporations' Facebook page and about shit myself! Congrats to all the longs here! I knew we were sitting on something special!
Nicely said Bearslayer! I concur 100%!
Geeze Doc! You must be getting close to two million shares now! Grabbed some myself today, broke 600K!
Funny, out of 421 million shares outstanding, only .005% of those shares or 2.4 million traded from weak hands today. No big deal. The accumulation/distribution line says it all!
TDAmeritrade already showing EPS (TTM, GAAP)of 0.009 this morning. Even before the official 10Q has been released.
Looks to me net revenues matched 2nd quarter so I imagine gross revenues would be the same?
The great news is that they increased their Net Income over last quarter's Net Income by almost $1.2 million!!!!! They are only on their way up from here!!!!
I say Net Income positive of $400,000.00 is great news!
Put me down for $72.2 million!
Really? A $26 trade brings this down 2.88% ! Somebody fishing for stop-loss shares!
Grabbed an additional 125K this morning at .036. Actually hit the ask. I know, should have bid sat but I believe this thing will move soon. With factoring finally solved with in-house collections, this fully GAAP audited, multi - million dollar company will go beyond all our expectations!
I am now at just over 500K shares!
Once again cdhames, nicely written and to the point. I concur with your statement!
Damb! And I was excited that I finally broke 300K today!
I don't say much but.....Nicely said tutankhamen!
100 shares at .0481! Really?!
Someone trying to hit stop-loss limits!
Good point
Since the closing of the merger, there have been steady blocks of 100K to 200K sell orders in PAWS. Intuition says Daniel and Alysa have been selling steadily. I for one wish they would wait to sell until we reach the true value of this stock but I guess they need to pay bills!
On March 26, 2013, the Company issued 60,000,000 Common Stock shares to Daniel Wiesel and Alysa Binder, both officers and directors of the Company, pursuant to the exemption provided by Section 4(2) of the Securities Act of 1933. The shares were issued in consideration of the cancellation of accrued, yet unpaid wages in the amount of $1,300,000 and the agreement by The Watermark Company, Inc., a corporation controlled by the Daniel Wiesel and Alysa Binder, to purchase the Company’s interest in Pet Airways, Inc., a Florida corporation through which the Company formerly operated its discontinued pet airline. The sale of Pet Airways, Inc. relieves the Company of debts totaling approximately $1,000,000. The Company had agreed, in principle, to allow Mr. Wiesel and Ms. Binder to reacquire Pet Airways and settle their outstanding unpaid wages as soon as the acquisition of PDC/MESA was complete.
In addition, on May 28, 2014, the majority of board of directors of resolved to remove Daniel Wiesel from all executive positions, including but not limited to Chief Executive officer, President, Treasurer and Chief Executive Officer, and as the Chairman of the Board of Directors. On the same date, the Board of Directors also resolved to remove Alysa Binder from all executive positions, including but not limited to Executive VP and Secretary. However, Mr. Wiesel and Ms. Binder shall still remain as members of the board until their successors are duly elected and qualified, unless sooner displaced.
I agree with you. I have been in this stock since January. I have 200K shares at just under .02 average. I am sure there are others like me who are still way in the green but are selling because they just can't stand the suspense and want to lock in their profits. Me, I am just rolling the dice and hoping for a home run, and I truely believe I will!
I think this may be the bottom!? I hope!
Exactly! Why would a company provide a fully audited 10K and then plan on providing fully audited 10Q's only to lie about their monthly revenues?????
This will be big. I have 200K shares and holding for the true value of this company!
Correct me if I am wrong but the 10K for FY13 ending Dec 31, 2013 has recently been filed. And yes, it did not show the Mesa earnings. If a 10K is filed at the end of the fiscal year, I do not believe a 10Q is needed for the fourth quarter because it is incuded in the 10K.
The expected 10Q for 1st quarter, FY14 ending March 31, 2014 will include Mesa earnings:
Dan Wiesel, CEO of The PAWS Pet Company, "With the 10K complete, we are looking forward to filing the 10Q which will incorporate the results of our new merger partner Mesa Pharmacy."
Nicely said!