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IMTD - up %100 - volume coming
indeed...I think this is ready to go with some volume... :)
ATTENTION: ask-smacking in progress!!!
News for 'IMTD' - (ImagiTrend, Inc. Enters Negotiations to Acquire
Online Gaming Company)
LONGWOOD, Fla., Apr 16, 2008 (PrimeNewswire via COMTEX) -- ImagiTrend,
Inc.
(Pink Sheets:IMTD) is pleased to announce that the Company has entered
negotiations to acquire Castle Technologies, Inc., an online gaming
company.
This will enable the Company to expand its revenue base and enhance
growth
opportunities to increase shareholder value. The acquisition will enter
the
Company into the growing online gaming industry, which is estimated to
hit $48
billion by 2010 and top $125 billion by 2015.
Castle Technologies has unique gaming software that provides all the
features
and security levels to compete with the competition in the gaming
industry, and
differentiate itself with its ability to pay progressive payouts on
played poker
hands -- a first in the industry. The company has positioned itself to
carve out
a significant segment of the online gaming market and license its
software to
offshore corporations that have the legal means to conduct online
gambling
activities.
"We have explored a number of companies in the online gaming industry
and feel
that Castle Technologies is a great fit with our criteria. This
acquisition has
the potential of introducing the Company to the billion dollar online
gaming
market and the Company will eventually change its name and symbol to
more
accurately reflect the acquisition," stated Mark Kaley, Chairman of the
Board,
President and CEO of ImagiTrend, Inc.
Safe Harbor: Statements regarding financial matters in this press
release other
than historical facts are "forward-looking statements" within the
meaning of
section 27A of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as that term is defined in the Private
Securities
Litigation Reform Act of 1995. The company intends that such statements
about
the Company's future expectations, including future revenues and
earnings,
technology efficacy and all other forward-looking statements be subject
to the
safe harbors created thereby. The Company is a development stage company
who
continues to be dependent upon outside capital to sustain its existence.
Since
these statements (future operational results and sales) involve risks
and
uncertainties and are subject to change at any time, the Company's
actual
results may differ materially from expected results.
The ImagiTrend, Inc. logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=4088
This news release was distributed by PrimeNewswire,
www.primenewswire.com
SOURCE: ImagiTrend, Inc.
By Staff
CONTACT: ImagiTrend, Inc. Investor Relations
1-866-THE-APPL(E) www.imagitrendinc.com
(C) Copyright 2008 PrimeNewswire, Inc. All rights reserved.
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Damn, what brokers you guys use, Snottrade is restricting all these
stocks like nthd, xhua sivc, cirt, mbtt and many more top gainers..they dont want peeps to make $$$. Im getting frustrated!
504 still valid until 11/30/2008. They still have a valid 504 filed with the SEC under the former company name Southern Cosmetics. Has this been discussed? Thanks. http://www.sec.gov/cgi-bin/browse-edgar?company=Southern+Cosmetics&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany
That's his own opinion. I guess I dont blame the negative attitude, but at least state it as an opinion or provide some facts to back up the negative comments. Thanks.
Negative vortmax. :)
Thanks for the PM. I would take an ungagged TA over any bad news. If you read my earlier posts, I dont think any information that you received from them would shock me at all. Thanks for taking the time to get the information. Good luck to us. :)
So far, I have not been disappointed by any of their latest PR's. More to come for sure....I think we are due. :)
Well, that's their intention as stated in the offer exchange document. Man, if this could only pull an EESO or an ASII, or even an SIVC. hehe, I would be ummm.....thrilled? Thanks for your suggestion btw. :)
funny you mention this lifegear. Yesterday I was viewing one of his video charts. It's nice that someone would take the time to do this. I think you have a good idea as the charts on IMTD are improving. Thanks. :)
You too. I am going to get sloshed at this Happy Hour. hehehe. :)
LOL. THANK YOU BROTHER VORTMAX!!! :)
Happy Hour!!!! GO IMTD!!!! More than 4M at the ask today. Can I get an Amen? :)
ahh, accumulation time is here again. :)
Unknown at this time...maybe they'll stick that information in an upcoming PR. I hope the PR wheel keeps turning, I need a pinkie fix!!! hehehe.
Yep, they have 10,000,000 preferred to sell ya. Well, not anymore cause the deadline is tomorrow. LOL.
I sure as heck do. LOL. Link Below. http://www.imagitrendinc.com/pdfs/ImagiTrend_Exchange_Offer_03-08.pdf
No, and unfortunately I dont think that information is available to shareholders. You can try if you like. That sort of disconnect is typical when Companies file a 504. The Company doesnt want to reveal the new share structure for obvious reasons. As I said in my post, the new CEO chose to reduce the amount of common shares with their share buyback program. I guess it's a start. :) I would like to point out that the gagged TA was a result of the former CEO. Maybe the new CEO will lift it sometime? Who knows.
You are welcome. Anytime. :)
Hi lifegear. :) You can start off by reading this post. http://investorshub.advfn.com/boards/read_msg.asp?message_id=28031272
Also, we are now Castle Technologies, Inc. as per filing at the Wyoming Secretary Of State. Share buyback deadline is April 4th 2008. There was a PR issued stating that the company intends on trading under a new name/symbol. A date was not given. You miss any of that? :)
Dunno. :( I use Scottrade. OT: Im thinking about setting up AMTD account because last time I checked, Scottrade restricts you to only Limit Orders on pennies.
I wonder if we can rent the rally monkey for a day or two? LOL. Link below. http://www.rallymonkey.com/oldvideo.php
We may get some play based on the charts...some key indicators looking good...time for another rally?
Weeeee! My account looks good again. :)
Nice post. :)
Ok, I am premature in saying R/S, but even Jelly suggested it.
I know , but what will happen when there are no more bidders?
I hope you are right. My account looks better @ .0002 though. :)
Yep. There will be more, and then youll say, "just because they dumped $2000 worth?".
Ouch, looks like we may be headed for the R/S. :(
Man, the IBOX hasnt been updated in years. :(
Welcome vortmax. with respect to the idea that there could possibly be an R/S, I havent gathered enough data to speculate one way or the other. What I do know is that we have gone through 3 name/symbol changes , God knows how many CEO's, and we have NOT experienced a reverse split, of course, we never had Big Apple consulting and Associates until now. heheh. :O
sorry if anything is incorrect, but i have guests over, ill check it later...have a good day
Here's the dirt vortmax. As many know, I have the actual documentation from the Wyoming Secretary of State. The following document contains an Amended error made with respect to the amount of Authorized shares. The error was 1,500,000,000 and the amended amount was 490,000,000.
2007-000633755 Common Amendment ACTIVE 08/08/2007
Now, on August 31, 2007, we received this PR: http://markets.about.com/about?GUID=3060159&Page=MediaViewer&Ticker=IMTD
stating the correction with respect to the A/S. OK, great, the A/S is now 490M shares. Now, on 8/8/2007, the company files a 504 offering with the SEC: http://www.sec.gov/cgi-bin/browse-edgar?company=imagitrend&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany OUCH! Notice the date of the Amendment? hmmm. weird no? How they gonna sell shares? Well, I'll tell you how. They are going to increase the A/S!! But didnt they just PR that there was an error in the A/S? Scumbags!!! hehehe. So, now they file another amendment with the Wyoming Sec State. This is our little stinker: 2007-000642127 Common Amendment ACTIVE 10/22/2007. Why? Cause it contains an Amendment to the A/S? Guess how much , can you guess , huh? Yes , it's 1,490,000,000 , just like it states in the public notes section of the Wyoming Sec State. Remember , I have the actual documents. So, what does it all mean? The company is selling those extra shares to accredited investors , who have , most likely, already dumped into the market. Wanna here the good news? Or is it ? The new CEO, may or may not be cleaning this up. He certainly wants the shares that were dumped, but will he use it for good or evil? At least it's a step in the correct direction thus far. yes?
Do you want my honest opinion with respect to the share structure?
As long as the Company uses those shares in a good way, I hope some took advantage of the Company's offer. The company intends on "substantially reducing the amount of common shares issued and outstanding". Let's see what happens, I guess if no one here attempts to contact Big Apple or Castle Technologies, Inc. for some information, we will have to wait for a PR. :(
|1e|, the link to the information you requested is below. Sorry, cannot respond privately. :) Yes, it's probably too late(they didnt give you much time to consider doing it) and most likely your broker will charge a fee to pull the certs. http://www.imagitrendinc.com/pdfs/ImagiTrend_Exchange_Offer_03-08.pdf
Darnit, I always miss Happy Hour. I'll take a raincheck on the Rally. Maybe Monday? hehe. Have a good weekend. :)