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It will take 2-3B shares to pay it off. Watch Monday and Tuesday when the next 100M shares hit the market. Their own IR said so.
ru gonna hold? I'm adding
ACMG still think something is up. hanging in there after big gain yesterday on todays lousey market. ut every buy again.
They are dumping 100M shares/week to pay off the $6M cd. They have a long ways to go. check the ibox
What's coming is the $6M cd that dumps 100M shares/week
I'm trying to say what ir told me...
Investor relations told me the stock would not go anywhere until they retired the CD, and he had no idea if and when that would happen. That sounds honest and reasonable to me.
ACMG every trade ut
ACMG like I said yesterday, somethings going on. much different pattern.
I called the number on pinksheets.com for them and asked for Investor Relations. They can't go up until the cd is satisfied, a long time. They may try to buy it out with a London IPO. Call IR, they seemed to be up front. Its out of my portfolio now and on my radar.
SBMI dump 200M, buy 100M, sell 75k@.0002.????
The slaughter happen this morning when 200M shares were dumped. Since then almost all have been buys. Looks like it will ut soon.
We are not going anywhere until they git rid of the $6M CD. Dumping 100M/week to the CD holder. $6M/.002=3B shares to dump. Call IR
ACMG something is up. It's holding to well. We'll see tomorrow.
RBID as soon as bid dropped to .0025 I entered an order to buy at .0027 (ETRD). Then two trades went at .0027 (not mine). Then UBSS came in at .0028. interesting...
SLON,I'm getting spam email every day...
ACMG hod, looking interesting
ACMG waking up. Must be something happening.
AVVW did you stay in? What do you think...
I added...
he's back...
I think it is only going down until they git rid of the CD. I'm out and going to put it on my watch list....
Like I said, call them. I did to voice my concerns.
I said call them yourself.... I am just posting information on what I found relevant to the stock. Is "free drinks for the guy with 20 mil shares" some information that will help anyone with an investment decision?
I called their investor relations this morning and they called me back this afternoon. He said the reason for the current dilution is a convertable debenture where the holder is immediately selling stock they receive in payment. He said they were working to eliminate the cd and mentioned the IPO in London as a potential way to pay it off. He said they were coming out with a new website in about 6 weeks. He also said they were on the verge of making money (a profit) through station sales and other activities. I asked about a r/s and he said he had not heard any of the board mention a r/s. I know he could not have said if they had probably. I'll keep my fingers crossed. I believe if they can get the cd paid off we will do ok. I looked up thier number on pinksheets.com. Call them
They painted that so it would not be easy to see what the real hod was. Look at the pr and pps drop in Jan. What makes you think they turned over an honest leaf?
What broker are you with?
AMGG, I don't get it. They went up!
ILGL is surprising. Thats one RS I should have held on to.
BB, what do you think amgg will do? Are you holding any?
ETMO, a trade worth $6. Someone is trying to paint it lower.
Last year they said they sold ore for $500m and the payments never materialized, then they sold 1.7B shares that had not been authorized, then they increased shares to over 6B and gave one of their owners 2B. They screwed me...
ETrade said the shares would not become unrestricted automatically. That we will need to file a 144 after the resttriction period.
I just had ETrade call the T/A with me on the line. The T/A said it would still be 3 to 4 weeks before we got our restricted shares. Also that filling a 144 will not release the restriction unless the company approved it; and they will not be.
All I know is they sold about 1.6B shares more than were authorized last year and then increased shares to over 6B after the fact in a stockholders meeting that they controlled everything. I don't trust them. I have been a large holder for over two years.
ACMG bouncing back now though
ILGL/ILGY one of the few post rs stocks that I have seen go up...
I just got off the phone with ETrade. They said the TA had not given them a date for the shares. I had ETrade call the TA on the spot and we left the TA a voice mail. They are in Colorado. Their direct number is 303-282-4800. The TA toldme 3 weeks ago that they would have the Etrade shares transfered in 3-4 days. They also said the German exchange listing issue was real...
They reversed the last .0005 trade...
RSDS no bid support with sells coming in to fast EODF, good time to pick up a bargin