Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
the thing is, if you wait too long, the train will already be full speed ahead... this stock is known for creeping down then instantly blowing up!
in this world, and especially in todays economy, nothing is a sure thing... all you can do is do your DD and put your money in it. this company has potential.. it just takes a lot more people than you or i to believe in it... someday we will all see.. this stock will be amazing..
i agree 100%... look at CTIC for example. IT IS A NASDAQ LISTED COMPANY, it has like 600 mill shares o/s. has no revenue whatsoever and is losing money every month, and that stock is over $1!... why cant we do the same? we are making money, we are having everything go our way. the MM will not let us run! look at the first hour the day after financials came out... 100% gain!
ok jim explain to me something... he has 950 million shares authorized to put out on the market... why would he do that within the next year? thats stupid. say SOMEHOW the price stays at .03 and he dilutes all 950 mill shares at that price.. that is a total of 28.5 million... what would he do with that kind of money??! i have never met the guy nor do i plan on doing so, but if EV keeps acquiring companies and using the shares in a decent manner, i am all for it. but if he is diluting just to make some extra money thats where i have the problem. i understand bills need to be paid, etc... but if you look at the financials, things are starting to turn around and i expect the 4th quarter to be better than the 3rd. yes i do agree the shares outstanding will increase, but until they officially make a profit, it wont stop
10,000 posts! congrats to everyone who has participated! now lets get this run started!
if you read my post, i clearly stated, pop soon enough... obviously since all you cry about is dilution you must have misread that statement
just give it time.. this week is retarded anyways... off tomorrow then closing at either 1 or 2 on friday (i cant remember what time it is)... she will pop soon enough... 3 more messages and we are at 10k!!!!
i dont have time today, but someone call the new IR and see if they will tell you if the o/s are higher... they probably wont straight up tell you if it is or not, but work some magic and use their answers as a way to figure it out!
what exactly happened with big apple. i saw something about it a few days ago but not enough to truly figure out what went wrong...
im looking for a green day today!!!
plain and simple. i rather have 10 straight days of 11.67% gains than a one day gain of 116.70%... although it looks better when your account value goes up over 100% in a day, it is not healthy for the stock. yes i was one of those people that thought it would have gotten a 200% increase yesterday, but i will not complain of a green day PERIOD
ive been in since early early may... ive been through all the bs thru the summer and now thru this r/s... I BOUGHT MORE TODAY... what does that mean?! I BELIEVE IN THIS COMPANY... hold your shares and wait it out!!!!!!!!!!!!!!!!!!!!!!!!!!!
we are very close... gap has closed to .002 and it has even rose a little bit to be over 9 cents... current L2 is... 1x.09 and 1x.092
the gap needs to close or nothing is going to happen... L2 is.. 3x.085 and 1x.09, 2x.10
we are finally on the top 15 board too! #11!!!!
here we go again!
my order finally went through
i also have an order on the ASK... AND ITS NOT GOING THROUGH!
mac d is about to cross over on the 1 minute chart... 30 minute is also crossing
link please for the 47 mill o/s
i need it to break 14.5 before i am even :(... i wish i had money to gobble up some of those 03's on monday but i didnt... been in this thing since june and just couldnt come through when it counted.
the float should only be 17million ISH... depending on if he has diluted or not. and so forth. i do see that they are taking backed salaries and converting them to restricted stock sometime soon.
csd only added 400k revenues to ARTS... ahhhhhhhhh so much for the supposed 3.3 mill last year... seems like the expenses arent that bad.. revenues are way up.. just need to keep churning and we will be fine.
the only thing that i could see that would hurt the financials would be the operating expenses. as we saw in the 10-q2, they were high because of acquiring csd. i bet they will be about the same as they acquired luxor
whats cfd. and i have etrade
how can you short a penny stock!
oh joy. hopefully this wont hurt us that much
can anyone bring me up to date why the PPS has dropped over the last week or so? ive been super busy with work and have not been able to catch up on the news. thanks!
but remember, the luxor deal is not on the books until quarter 4.
all i want to know is why i was freaking charged 20 bucks for this stupid conversion
ughhhhhhhh how many times do i have to say this... THERE IS NO DIVIDEND!!!!!!
it is plain and simple.. they were using the .02 as saying you were getting 2% of your shares you had with ARTI and transferring them into the NEW company ARTS... thats it... period!!!!
but in order for those shares to be taken out of the o/s an 8k must be filed, and NOTHING WAS FILED!
well i'll be... we got an 8k showing ARTS acquiring the new company... but notice also that the CURRENT float ihub shows reflects the over 700 million shares the old ARTI had outstanding... i say this because since no 8k was filed, that means the 250 million shares they said they converted to preferred shares did not affect the new float in any way... because if it did, we would have had roughly 500 mill shares o/s which after a reverse split of 50-1 would have made our post split about 10 million
well i am thinking it is a good thing for us to hit .25, but a bad thing for everyone because it will automatically double our float...
heres the article i was referring to... it says also
"pleased to announce that the Company has completed the acquisition of Charity Sports Distribution, Inc. (CSD) for $3,750,000 to be paid in restricted shares of Artfest International's common stock valued at $.25 per share."
well that amount turns out to be approx. 15 million shares..... so say this hits 25 cents by next week, our float just doubled.
http://www.artfestinternational.com/index.php/news-releases/2-news-releases/81-pr2009-0706
remember here people... once the pps reaches i believe .25, the CSD shares kick in... i cannot remember exactly how many shares they have, but im sure it is substantial.
only time will tell i guess... if i had to do my own pps estimate, i would have to say for just he 3rd Q we will be looking at...
CSD acquisition
The sizzling Saturdays
the Korea stuff they had
and whatever else they are doing...
say roughly 5 mill in revenues... divided by a MAX of 25 mill shares post split = .20... is there a multiplier on this or not i dont know?>
also then the 4th quarter will be even better!! with the new stuff about the PR today... oh buddy i cannot wait...
i put one on there for luxor just now
thats what i was actually going to post.. from my understanding, there IS NO DIVIDEND. for example.. if you own 100 shares.. it is a 50-1 split meaning for every 50 shares (which divided by 100 is .02) you get 1 share.. and this example i would get 2 shares...
in regards to the share structure... for the last 10q that was published, i believe we were around 750 million shares or so of o/s... which if we do the math (disregarding their 250mill share converted shares because if we dont get an 8k it means nothing)... anyways, doing the math that comes out to 15 million shares in the float post split for us traders to feed upon... now im sure when the company dilutes we will see a bit more, but for as right now, we are in the 15-25 million range of shares outstanding...