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specbidder, you have just joined a great group of people here, look at the posters, the company, the future.
It just does not get any better than this.
All the best to you and yours.
legal: Look at the OBV and MACD, folks who sold today will not believe the upside action that is about to occur.
This is technical and event driven now.
Updated Ibox GSIEF with new info
on shares to be used in merger with CMHS.
GSIEF Chart Close and Level 2 Snapshot:
Mr. Big Consider this:
All those shares traded way above .035 today, like you pointed out, this establishes a new base for the stock as nearly 20% of the entire float is bought above .035.
Watch what happens during the session tom, the ask is going to fall apart.
Spark, This dude is good for us shareholders, can you believe he pulled this off with restricted shares, plus gets to utilize the tax loss carryforward ?
Laking:
You mean WHEN they announce.
Much higher prices, but its going much higher between now and the announcement.
We have the float.
Sellers are finished as of today, and it still ended higher.
Mr Big:
I alerted this at .01, it hit some resistance today at the .05 area.
From my alert that is a 400% profit in one week for some that got them low.
The volume today is bullish, the issue climbed, pulled back, recovered a bit, pulled back to test open, and closed higher for the day.
This is making higher highs and higher lows every day, the chart is a technical delight.
The folks that sold today will never get a decent fill for the same number of shares now without paying double or more.
This trades like a stock should, with no dilution, responds very well to buying pressure and found strong support and mildly bounced off Tuesday's abbreviated close.
We are in very good shape my friend, enjoy the next few days.
Spark, this seals it, the shares must be issued and placed in escrow for closing, I would guess its 5-6 sessions away from being announced.
MUST READ GSIEF
Ok folks, we now have r/m confirmation with CMHS.
Also confirmation on how the CEO is going to treat the shareholders of GSIEF.
stocrates verified today that 12 million restricted shares have been issued.
I called CEO Slaton, yes, the shares are issued for the merger closing, yes, the shares issued to effect the merger are restricted.
This tells us three things:
1. The merger into the CMHS OTCBB shell is going to take place.
2. The owners of the CMHS are confident enough in the business of GSIEF to accept all restricted shares.
3. The CEO of GSIEF is a shareholder dream and a financial mastermind, he pulled off this merger with all restricted stock, worth today about 450,000. In exchange, GSIEF gets the OTCBB fully reporting compliant shell, and the 4.7 million dollar loss carryforward carried on CMHS books. Because CMHS is a "like business" under Internal Revenue Service Code, GSIEF can use the tax loss carryforward to shield the first 4.7 million in profits from GSI.
Translation: GSIEF just bought the shell for the restricted stock, and will save about 1.5 -1.7 million dollars in taxes from their first profits.
No free trading shares added to the already low 12 million float !
In all my years in the pinks and bb, I have never seen such a swing in equity and responsible management getting the very best of a deal for the public.
Now folks, if that doesn't illustrate to you what the Captain of this ship is capable of, and what he does to protect shareholder value, I don't know what would.
doubleeagle good question...
The percentage that GSIEF ownership would remain at 90% as stated.
The number of shares that GSIEF issues to CMHS to effect the merger may be reduced, as the shares are worth more than they were just a few days ago.
The final adjustments would be made at closing, any shares not used, would be returned to treasury or cancelled by the transfer agent.
Jersey, folks have no idea how far along the company is and how much effort was taken to properly plan and organize it.
Only one thing left to occur, the stock price will eventually match the players involved and the business plan.
NITE now comes to high bid to fill all buy executions, we have the float. No significant inventory at graduated price levels.
Very heavy organized accumulation, trading like a larger cap stock if you had't noticed.
Zoom, with all due respect, I ask you to limit your posts to informative and constructive.
This is not a momo play or a hit and miss for most here.
This is way too serious a situation that is developing here that will affect everyone involved in a positive manner.
Just let the company and its stock take its natural path, there is no need for cheerleading.
Everyone that has given this even a cursory look knows the potential and its attendant share price valuations.
Act accordingly.
Niemand
GSIEF has been domiciled in the Caymans since inception.
Cerrent management bought the shell a few years ago.
The "F" designation causes the no intra-day time and sales print.
The company's domicile will change to the US when the proposed merger takes place with CMHS, and fully reports to the SEC.
By the way, Emas continues his no comment stance by not returning my calls.
Cuttin, where do you see a reference to Eades at that address ?
skang ok,
happy you are here, the board has plenty of information on it for you to properly assess the situation.
skang, did you receive the situation room alert sent earlier today ?
skang, the stock does not print because it is a foreign listing, this will change soon...
skang, I have two words for that I have never said to you, sell all the crap you have been buying and
BUY IT
skang, you didn't miss anything, go to the board and read it
happy 4th to you
all the best to you and yours...
GSIEF Chart
GSIEF Chart Closer View
GSIEF Chart:
GSIEF Daily & Weekly Chart Level 2 @ close
GSIEF Daily & Weekly Chart Level 2 @ close
The company updated and brought the Nevada filings as promised.
Eades is off the filing, Gomez is on it.
Its a small step, but it it one that they had told me would be completed as they moved forward.
skang, Im sorry you didnt get it, you may sign up here for email alerts here at the situation room
hope all is well with you and yours....
Ok, how long will I have to wait for someone to notice that something has happened with this one, of late.
It's not a huge event, but it certainly is notable.
I'm waiting. :)
hummm :)
Its not easy to fill without some patience here, thing is, its ready to gap.
penny... I got news for ya, 10-15 trades moved this today, at one time it was at .0185, nearly a 45 % move
We have the tradeable float, level 2 is scattered way out now :)
Ok folks, here is some interesting information about todays volume...
I have pms from two credible posters that have disclosed their buys today:
Buyer 1 600,000
Buyer 2 200,000
plus what was just posted publically...
the on balance volume shows we have it locked now, when the buy order flow hits this monday and tuesday, it will get very interesting.. there was an agressive buyer right after lunch today, NITE reached to .17 on the bid to fill.
Folks: 90% are avoiding this due to the lack of intra-day trade prints.
Only a few of us here, we are positioned. Sit back and enjoy.
GSIEF Level 2 & Chart at close:
GSIEF level 2 11:52:00 EDT
Blue, did you get over to look at GSIEF board yet ?
Get in before the holiday next week.
:)
GSIEF level 2 09:41:00 EDT
in2lite, no problem...
lots of good things coming down the pike, get your adnvaced prepaid ticket on this flight while the tickets are 95% off.
EXPH Overview and Update MUST READ
Bear with me on the length, but you are more than worth the time it took to prepare and post it, thank you.
Firstly, thank you all for visiting the EXPH board and participating in factual discussion concerning this growing company.
I truly appreciate your tremendous response to the alert sent out about this issue just a couple weeks ago at .014.
Now, lets examine some fine points here that are important and instrumental to the recent trading patterns of this security.
The following statements are fact, and are supported by links to published, well known sources regarding the subject(s) discussed herein;
1. EXPH traded as a gray sheet security until June 7, 2007.
2. Under appropriate SEC guidelines, EXPH caused a form 15-211 to be filed, for listing on the Pinksheets "automated quoting service".
3. In so doing, and in response to said filing, the marketmaker VFIN agreed to "adopt" EXPH out of the grays, and become the initial MM to begin trading EXPH stock.
4. Under the guidlines in place at the time of this so called "adoption", VFIN has tactical absolute control over the trading of EXPH for a calender period of one month.
5. As any reasonable person can see by carefully viewing trading action on Level 2, VFIN has "layed off" most the the action in the issue to the well known powerful market maker NITE. "Layed off" is an old gambling term, it means; "passed along the action to".
6. So, if one begins with that premise (and the evidence thus far certainly overwhelmingly supports such thought) then NITE (by VFIN's expressed consent) has been allowed to practically control this stock since day one on the pink sheets.
7. This condition as it exists at the moment with EXPH is known as "non-piggyback qualified".
Translation:
Marketmakers are allowed to join in without the adopting marketmakers consent and trade in a security that is "piggyback qualified", that is, trade on the back and in concert with the original adopting marketmaker. This is a condition that creates a more stable trading platform as there is no single controlling factor, rather, a number of bidders and sellers that combine to maintain a more orderly market. At this moment, EXPH is "non-piggyback qualified" for a few more days.
8. But in reality, due to the 30 day rule under which VFIN is legally operating, EXPH trades have been layed off to NITE for the past three weeks. This is not uncommon or illegal, all informed folks that trade these stocks know of NITE's all encompassing market presence. VFIN, with their adoptive legal position (as short term as it is, 30 days) over the stock, has the authority to make such decisions, and has chosen to take only a limited role as the adoptive parent in regard to the trading of EXPH.
Translation in laypersons speak and for illustrative purposes:
VFIN "adopted" EXPH when she was 17 years and 11 months old, just short by a month of becoming the "legal" age of 18.
EXPH needed an adoptive "parent" to get them out of the grays (the juvenile facility of the markets for lack of a better term). VFIN agreed to be the legal "parent".
In exchange, VFIN is allowed total control of the stock for a period of 30 days. When EXPH turns 18 years old (30 days from EXPH's June 7th first trading day in the pinks), VFIN loses legal authority (and sole legal custody) over the stock and other market makers are allowed to "piggyback" on VFIN's adoptive position.
This issue will begin to trade like a normal security with several market makers competing, very soon after VFIN loses control.
Finally, as stated in earlier comments, this is fact, not simply theory or speculation, I offer the following links to support my conclusions;
1. Link to Pinksheets.com website that discusses the form 211 filings and the related "adoptive" conditions mentioned therein;
When you link this, scroll down and see the references discussed in detail; 211 filing, 15-c2-11, and finally, "piggyback rule", and so on.
http://www.pinksheets.com/glossary.jsp#piggyback
After you have reviewed and considered this information, go to this Pinksheets.com link concerning EXPH and see for yourself its current "non-piggyback qualified" status.
While you puruse this link, kindly note that the CEO has provided you with real time quotes on EXPH. He believes this is an important service to any interested shareholder, therefore, he is paying Pinksheets to have the quotes on the stock transmitted live to you via this link.
http://www.pinksheets.com/quote/quote.jsp?symbol=EXPH
I hope that this information sheds light on the recent trading action involving EXPH.
Those of you who know me realize that I perform much due diligence before I alert any stock. I never alert any stock on a fundemental basis until I have spoken with at least one of the principal officers of the firm, usually the CEO. I cannot and will not ask you to make a financial commitment to an issue or situation without using every resource I have to to confirm the viability and validity of any subject alerted issue. I have a large position in every issue I alert.
I state the facts as they are discovered, good or bad, and keep all updated as to current developments as they are discovered.
I have found there is much lacking in the due diligence area concerning these low caps, my intention is to sift through all the silt, and come up with some true gems in this Pinksheet pile of diluted fraud ridden rubble.
It is my sincere belief, that the only way to achieve this goal is to individually perform exhaustive research and discover the credibility and intentions of management. My staff and I undertake these investigations without regard to expense and time considerations, our reach is global, and every possible resource at our disposal is utilized to its fullest extent. This could be the reason for my 500.00 cell phone bills, lol.
The CEO of EXPH, J. D. Brown, built his company for years before deciding to merge into the EXPH shell, he didn't do it the other way around like many pink sheet CEO's. He walked in this shell with over 4 million in revenues and impressive profits. The fact is he had Fortune 500 member NYSE:LOW Lowe's and many other large clients before he merged into the shell. He didn't get the shell, and announce intentions of getting large clients, he had them in his pockets for years, before he came to this public vehicle.
You judge an person by his or her actions, rather than words.
Thus far, he is a dream CEO for a public shareholder, for instance, he initiated a real share buyback program within days of being listed on the pinks, knowing that the stock was undervalued.
Find me a company listed in the pinks that has actually undertaken such a step and followed through on it. While you are at it, find me another pink sheet that employs the giant Morgan Stanley investment banking firm to facilitate and enact it's well planned buyback program. Good luck, I'll be waiting for your reply.
Just so you know, I have daily contact with Mr. Brown, I do with many CEO's of my alerted stocks. It is my job to keep this line of communication open, as I have a responsibility to you, my loyal followers.
Please know that Mr. Brown is concerned about shareholder value, after all, his family and friends own over 75% of the outstanding shares. This of course, includes early backer and friend Karl Malone.
I can tell you this, Mr. Brown welcomes all contact with current shareholders and folks that have an interest in EXPH in any way.
Let me know if you wish to contact him with your own comments or questions, or simply give his office a call.
Yesterday, during my conversation with him, he indicated that he is going to contact VFIN to determine the exact date they relinquish their adoptive authority of EXPH stock.
I will update you as soon as he lets me know the exact day, I will give you the exact date when I know it, as of this moment, it looks to be July 7. As there is the July 4th market holiday in play, he will find out today the exact date and relay it to me via telephone and I will post it here.
Let me know if you have any questions about these or other matters.
All the best to you and yours.
Ok, its a quarter to five central time, I gave you sons o guns last call at 3 am.
Elbow to elbow with booze bets and broads, I want a piece of this joint Blue !!!