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I am in the process of getting the information for the shareholder's meeting on May 3 in Montreal. If you send me your email address, I will forward the specifics when I receive it from the CEO.
Dr. D
New to the board, considering a purchase at these levels
What is NDOL? I will check it out. Are they getting bought also?
Thanks!
Dr. D
FLST b/a .043 x .045
FLST HOD B/A .042 X .043, .10 buyout
FLST - good post on DD, moving up again
Great point! One would think that if there was an imbalance of buys vs sales with no increas in PPS, the company could have fabricated this story. This is not the case here.
Thanks, I have a great deal of faith in HISC but this is a no-brainer. Let's make some $$.
Yes, when I bought FLST it took a long to fill also.
FLST now up 25% today, buyout to triple your money
FLST now up 16% on the day, .10 buyout confirmed
I agree totally. If this is not a "no-brainer" I don't know what is. I spoke with the CEO this morning and he confirmed that the deal is still on pending shareholder vote. Who on earth would not vote yes for that deal.
Dr. D
FLST is breaking out, up 10% today. Buyout confirmed by CEO.
Thank you doug for your reply. I will call the company to get more information regarding the buyout and shareholder's meeting.
Dr. D
New to this stock. Very impressive run going on. I am considering a purchase at these levels.
Dr. D
Help! I am new to the OTCBB and need someone with more knowledge to help me understand why FLST is not traging higher. They have a buyout at .10 and current pps is .032.
Thanks!
Dr. D
OT: Red, do you have any knowledge of pinkies & buyouts?
Financial Access Solutions Technology Calls Special Meeting of Shareholders to Vote on Unsolicited Purchase Offer
Wednesday April 5, 8:30 am ET
MONTREAL--(MARKET WIRE)--Apr 5, 2006 -- Financial Access Solutions Technology (Other OTC:FLST.PK - News) announced today that a special meeting of shareholders would be held on May 3, 2006 at the Sheraton Montreal at 2pm.
The special meeting of shareholders is being called by the board of directors to solicit the vote by shareholders to approve and or reject the unsolicited stock purchase offer by Puma Access Inc. at a price of $0.10 per share in an all cash transaction.
About Financial Access Solutions Technology Inc.
Financial Access Solutions Technology Inc. (Other OTC:FLST.PK - News), a technology provider specializing in point-of-sale, cash and treasury, card products, and transactional software solutions for North American merchants. The company operates a wholly owned subsidiary named DM2 Technology, and markets the latest in point-of-sale (POS) terminals and software allowing merchants to efficiently process Debit and Credit card transactions. The company also markets prepaid debit and credit cards through its North American Merchant Client Network.
FLST? Does anyone have any knowledge of this company? They have a buyout offer for .10 and currently trading at .032.
Dr. D
OT: Help!! Would someone with more experience in the pinkies than me tell me what is wrong with FLST.PK. They have a buyout for .10 on the table and the stock is trading at .032. Before I buy into this, I want to know if there is anything funny going on. Seems to good to be true.
Dr. D
Given 800 million OS, that would be a 2.5% buyback. You should see at least a 2.5% increase.
Just for clarity and to prove Lacymarie wrong (that I am not a paid pumper), the PR states "up to 20 million shares". This could mean anywhere from 1, 10, 1000, 10 million up to 20 million.
Dr. D
Yeah, you uncovered me. I am busted. I get paid $100 for every post I make. Nice gig!
Dr. D
There are sell orders flying by big time right now. I am afraid that the MM's are going to take us down. I am moving some funds to buy more.
I have personally been through the merger process. It takes time and because you are at the mercy of attorneys, you have little control over the schedule. Be patient, the information will be released when the company is ready. Trust me, they want it done more than you and I.
Dr. D
haha: I agree totally! How could you spin this any other way.
Everyone is assuming that the AH trades are dillution. There is no evidence to support this claim. No one knows what this is, more than likely it is intra-MM activity unrelated to the company at all.
I would ask that we stop making this assumption unless someone can provide some supporting documentation to the fact.
Dr. D
Sorry I disagree. I believe the news is very positive. My confidence in this team is higher than ever.
Dr. D
News is great for these reasons:
1) Removes any doubt about needing additional financing for the balance of the year;
2) Company needs funds to fill ORDERS (meaning they really have orders to fill for those in doubt); and
3) Officers have confidence that the stock will be of value in the future as no one would agree to be paid in worthless paper.
Just my two cents and opinion
Dr. D
This is very important. I can't seem to find the post but someone else posted it earlier so I will not take credit for this idea.
We painted .05 at yesterdays close. It is holding today on significant volume (3X normal). This would suggest that tomorrow is the big news!
Dr. D
The Doctor is not going any where! Long & Strong
Wow! I paid .034 - .050 for mine. Most of them however are on the low end of that scale.
Whatever I can do to help. It was our turn to take one for the team.
I hope that we make 20% everyday on our money. With now 2.6 million shares, I am having some fun the past few days! The best thing is that we haven't even seen the big run up yet.
Good night all, see you at 8:20 AM! Spin the PR wheel, will it be merger news? Sprint news? Boy scouts? Tug boats? Conference call?
Dr. D
I believe it was Corkyalan that put us at a nickel. I will check but at least I had a partial fill at .049. Maybe some filled at .05.
that did it .05
Executed at .049 ???
I will do it no problem
Hello fellow smart investors ... the Doctor is in the house!
From the PPS and the volume this afternoon, it appears that we have more news to announce tomorrow. Otherwise, trades would be settling down by now.
My thanks to whomever posted that great analysis earlier. It is nice to know that we have some great minds on this team.
Holding long & strong. Go HISC!
Dr. D
Thanks, I feel the love already! It is absolutely "Miller" time. I will enjoy the weekend but I hope that Monday at 8:20 AM comes fast.
Dr. D OUT