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finally mine too!!!!!
Excellent!
Dr. Alex Parsinia is the Chairman and CEO of Zcom. He has an
extensive background in senior level management, mergers and
acquisitions and more than fifteen years of experience in
telecommunication industry. He is responsible for formulating the
overall strategy for Zcom and organizing all of its operations.
He has been the CEO of Supertel Communications, Signet Paper
Company, Pioneer Envelope Company, and Allied Corporate investments.
He was a professor at Pepperdine University in Malibu, California and
taught Business Strategy and Mergers and Acquisitions in the Executive
MBA program. He has a Bachelor of Science Degree in Mechanical
engineering, Master of Business Administration, and Ph.D. in
international Business. He has published books and numerous
professional articles in national and international journals.
Hey Rhinegold, good to see you here as well. I've been here for a while, bought in at around .0003.
I'm not really sure what happened with ZCMN to make it drop from 1.01 to .0001, although I do remember that in Sept WEHI had come out with a PR saying that they were going to issue 15 million shares of ZCMN to the shareholders of WEHI because the two companies were partnering. At any rate ZCMN increased their AS from 500 million to 5 billion on Sept 25th. Now on Oct 3 WEHI announced the following:
LAKE MARY, FL, Oct 03, 2008 (MARKET WIRE via COMTEX) -- WGL Entertainment Holdings, Inc. (PINKSHEETS: WEHI) announced today that it will not be distributing the shares of Zcom Networks, Inc. that the company received in compensation as part of an agreement for future airings of the WGL Million Dollar Shootout. The company will return the shares to Zcom Networks, Inc. and seek to nullify its previously announced broadcast license agreement.
It seem that after that ZCMN began diversifying with mining and such and on November 13th announced the first share retirement. So it only makes sense to me that they authorized those shares in the first place for the WEHI deal. I remember when the deal was originally announced in Sept and ZCMN was trading in the .002 to .003 range.
They closed the gap on it its .0005x.0006 now~
Well I dont think it was any secret that the company was in financial peril, it doesnt happen overnight. Thats why I find it somewhat comforting that the CEO, knowing full well that the company was on the brink of Bankruptcy, bought just over $14000.00 worth of stock in the open market. The following tells me however that they are attempting to enter new markets with new products to diversify themselves:
Focus Enhancements Enters Agreement to Purchase Wireless Audio IP
- Creates Unique Portfolio of Wireless Audio/Video Technology -
- Management to Hold Conference Call Today at 1:30 p.m. ET/10:30 a.m. PT -
Campbell, Calif. – July 2, 2008 - Focus Enhancements, Inc. (NASDAQ: FCSE) a worldwide leader in Ultra Wideband (UWB) wireless technology, video conversion and digital media products, has entered into an agreement on June 25, 2008 to purchase certain intellectual property rights for a prototype wireless audio product chipset developed by AudioMojo, Inc. and owned by Hallo Development Co. The digital wireless audio (DWA) technology provides highly sought-after features including two milliseconds (ms) latency, which reduces lip-syncing concerns, and scalability up to 16 channels.
“Blending superior DWA technology with our video expertise strengthens our UWB strategy and creates a unique capability for Focus Enhancements to deliver wireless media throughout the home,” said Brett Moyer, president and CEO of Focus Enhancements. “DWA is an exciting, growing market in its own right. RH Associates projects the total available market for DWA to reach approximately $53 million by 2009 growing to approximately $136 million in 2011. Since we have developed significant long-standing relationships with large consumer electronics companies with our video conversion technology, we intend to leverage these for distribution. In addition to this impressive technology, the rapid time-to-revenue and relatively low cash requirements were important factors in our acquisition decision. With an additional engineering investment of approximately $1.5 million, we expect to sample DWA chips in the first quarter of 2009 and begin production volume mid-2009 in time for the holiday season. Our ultimate goal is to deliver high quality audio and video via UWB using a single radio, thereby lowering the system cost for the large consumer electronics manufacturers.”
Also from their conference call in August the CEO talks about ways of cutting cost and increasing revenues:
In the current third quarter, we expect revenue to increase significantly as we begin shipments of ProxSys and FS-5 under OEM agreements with three different partners.
Also, to improve our strategic and financial position we are implementing a three prong stratify investing in quick time to market technologies, rationalizing our UWB investments as we wait for the ultra wideband market to materialize, and reducing non-core engineering expenses.
As we have discussed, the deal with UWB industry adoption has been slower than anticipated. First investing in related technology to quick time to market revenue potential, required our digital wireless audio technology at the beginning of July.
Our present DWA technology has a rapid time to revenue with relatively low cash requirements. It delivers fast speed providing 2 millisecond latency to avoid noticeable lip sync errors which occur above 10 milliseconds, scalability enabling up to 16 channels, high quality delivering independent 24 bit 48 kilo-Hz audio to each channel and unique simplicity in the industry offering speaker finder, which identifies within centimeters where each speaker is relative to the rest of the room, and my zone, which identifies and adjusts each set speaker to where the listener is for the center of the surround sound regardless of listener's position.
The asset purchased includes two patent applications originally filed by Audio Mojo and the rights to intellectual property which allowed Focus Enhancements to file four more provisional patents.
With a low engineering investment of approximately $1.5 million, we expect to tape out in September, receive back 100 chips in October, bring up and demonstrate technology in November and sample with customers in November and December. All this is driving towards our goal of securing customer design commitments and announce to them at the consumer electronics show in early January '09.
Since we have developed significant long standing relationships with large consumer electronics companies with our video conversion technology, we intend to leverage these for distribution. Already we have demonstrated or discussed our DWA approach with over 25 potential customers, including some of the largest consumer electronics companies in the world.
We have received a very strong response to this technology and the timeline of this introduction. We are very excited about DWA market opportunity as well as the prospects of positioning our existing UWB chip for audio/video applications in conjunction with our new DWA technology.
Our ultimate goal is to deliver high quality audio/video via UWB using a single radio, thereby lowering the system cost through large consumer electronics manufacturers. According to Consumer Electronics Association's CEA market data, there are approximately five million home theater systems sold per year.
We believe if we sold 350,000 DWA chip stats to consumer manufacturers, our semiconductor business revenues would increase from the running rate of approximately $4 million to approximately $18 million with UWB revenue in addition to that revenue string.
Also, our H and A associates projects the total available market for DWA to reach approximately $53 million in 2009 and growing to approximately $136 million in 2011, excluding two potentially enormous growth markets for DWA, digital TV's and set top boxes. We believe our DWA and UWB technologies combined with our existing customer base that this is achievable first step in building up the business. In addition, in April we formed a technology alliance with Sony Electronics, we are partnering to customize our new ProxSys PX100 Media Asset Management Solution with Sony XDCAM EX.
The second prong of our strategy is that we are rationalizing our UWB investments to time with a delay in the market. We have deferred semiconductor research and development for the next generation UWB and we have re-deployed resources on positioning our existing UWB chip with available AB applications in conjunction with our new DWA technology.
The third prong, we are reducing costs further. In addition to the expense cutting action taken in February, in July we began deferring certain non-critical engineering expenses.
Since the beginning of the year, excluding the hiring of six employees to work on our DWA technology, we have reduced our headcount by 35 and cut our annual payroll by approximately $2.2 million a year or $550,000 a quarter. We believe the combination of these actions will strengthen the company and we will present this to the NASDAQ panel on September 4th.
Regarding our semiconductor business, we've demonstrated low-cost UWB chips, extremely high-def video of Computex type A in June, our FS-453 TV out encoder chip will power Tachyon's Mad Dog home media center with on TV navigation for iPod devices. While we have discussed earlier the home theater system as a primary market for DWA, products like this media center are prime opportunities for wireless AB solutions and incorporating streaming video using UWB and wireless audio.
We strengthen our team hiring Michael Hudson as CTO of semiconductor group. This is a new position that will lead our vision of investing in quick time to market technologies and implementing our objective to deliver high quality audio and video via UWB using a single radio. Michael brings almost three decades of engineering, design creativity and result serving management including his work on Intel's first motherboard and industry's first MP3 player at Diamond Multimedia.
Now regarding our system business NAB 2008 was a success. We demonstrated new products including our MM-1 Universal Media Manager for Digital Signage and our FS-100 250 GB FireStore product. And we unveiled our FS-5, which is the fifth generation of our award winning line of direct edit recorders. During the show, we highlighted our system business focus, which is to expand file format and multi-platform support across our product families to establish a continuous work flow and seamless interoperable platform with popular non-linear editing systems and video camcorders.
We also announced our partnership with Sony Electronics to customize the media asset management solution for the XDCAM EX to support Sony's powerful new PMW-EX camcorder.
FCSEQ .0025x.004
Thanks!
So Orca contacted the CEO?
Has anyone here called the TA to confirm the reduction in share structure?
FCSEQ
NEWS:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33763966
Tokyo, Japan (InterBEE 2008) – November 19, 2008 -- Focus Enhancements Inc. (NASDAQ: FCSE-PK), a worldwide leader in media management and digital audio technology, today announced that NHK Media Technology, Inc. has chosen ProxSys for central storage, archive and management of VOD media for TV programs.
Current OS is 86,954,588 as of Aug 8, 2008
CEO bought Sep 9, 2008 MOYER BRETT direct Buy 0.2100 71,000
and insiders own a total of 128,809 shares.
Most recent conference call:
http://seekingalpha.com/article/96552-focus-enhancements-inc-q2-2008-earnings-call-transcript
This is very important as it shows potential of the company going forward.
Also when the company filed for their bankruptcy they opted to go forward as a debtor-in-possession, which means that insteading of liquidating their assets to pay of debts they chose to hold on to the assets and attempt to save the company through increasing revenues and cutting back on costs. Reading through the conference call you will understand what the CEO has planned to do just that, increase revenues and reduce costs.
Randy, you are correct most of the transaction were for employee stock options. The one that I was particularly impressed with though was the open market buy for 71,000 shares at .21 made by the ceo. http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6147984
Nice DD Brent.
The board of directors voted for the bankruptcy on Sept 17th which means the new symbol FCSEQ was created on Sept 23rd which is why you only see trading from then on. FCSE the old symbol prior to the bankruptcy had a high of 1.65. Its just like looking at a chart for a new symbol change, many times you dont see what the previous symbol traded at on the charts.
LOL:)
Just posting this real quick as I believe it has really good potential:
FCSEQ
NEWS:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33763966
Tokyo, Japan (InterBEE 2008) – November 19, 2008 -- Focus Enhancements Inc. (NASDAQ: FCSE-PK), a worldwide leader in media management and digital audio technology, today announced that NHK Media Technology, Inc. has chosen ProxSys for central storage, archive and management of VOD media for TV programs.
Current OS is 86,954,588 as of Aug 8, 2008
CEO bought Sep 9, 2008 MOYER BRETT 71000 shares at .21
and insiders own a total of 128,809 shares.
List of Focus Enhancement Customers:
A+M Media
AMNH
Asahi Broadcast Corp
AT&T Broadband
Best Buy
Boeing Autometric
Capital Vision
Carnival Cruise Lines
CDN-TV
Central Michigan University
Chase Productions
Chico’s
Clemson University Athletics
Community Access TV
Daimler Chrysler TV
Dallas Digital Studios
Daytona International Speedway
Discovery Channel Stores
Disney Cruise Lines
Dogen News Agency
Dream Video
Dublin Central University
Epcot
Exam Room Network
Florian TV
Florida State University
Game TV
GAORA CS Sports Channel
GAP Inc.
German Air Force
Hamburg 1
Hanoi Music Conservatory
Hard Rock Cafe
Harrah’s
Hartland Institute
High Impact TV
Iowa State University
IQ Digital
Janet Rae Ministries
Jefferson Pilot Sports
KAID
Kansai Television
Kansas State Wildcat Football
KARE
KCMO
KCSG
KEZI
KIDK
KRCG
KSBY
LNK
LodgeNet Entertainment
Magdeburg Police Department
MagiNet Corporation
Mainichi Broadcasting System
Massachusetts Institute of Technology
Mexicana Airlines
Michigan Air National Guard
MN Science Museum
Moraine Valley Church
NBC Network
NC Tech Center
New York University
Notre Dame University
Ohio State University
Ohio University
Ole Miss Athletics
Oregon State University
OTRUM
PEG Channel Muenster
Religious Coalition Cable TV
RMTV
Rock and Roll Hall of Fame
RTL
Rule Broadcast Systems
Sears
Seerveld Media
Sky Italy
SVI
Telehealth
Thailand Land & House
The Salvation Army
Tokyo Broadcast System
TV Asahi
U.S. Department of Justice
U.S. EPA
U.S. EPA Video
Universal Studios
University of Freiburg
University of Kiel
University of Minnesota
University of Missouri
University of Southern California
University of Tulsa
University of Washington
University of Wisconsin
USA Swimming
Vacation Channel
Wal-Mart
WCAV
WCOT
WDAY and WDAZ TV
WDIV
WMGT
Word of Life Fellowship
WPNB
WXVT
WXYZ
Most recent conference call:
http://seekingalpha.com/article/96552-focus-enhancements-inc-q2-2008-earnings-call-transcript
This is very important as it shows potential of the company going forward.
I thought I would post about this one before I'm off to sleep, its FCSEQ:
NEWS:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33763966
Tokyo, Japan (InterBEE 2008) – November 19, 2008 -- Focus Enhancements Inc. (NASDAQ: FCSE-PK), a worldwide leader in media management and digital audio technology, today announced that NHK Media Technology, Inc. has chosen ProxSys for central storage, archive and management of VOD media for TV programs.
Current OS is 86,954,588 as of Aug 8, 2008
CEO bought Sep 9, 2008 MOYER BRETT
Officer direct Buy 0.2100 71,000
and insider own a total of 128,809 shares.
List of Focus Enhancement Customers:
A+M Media
AMNH
Asahi Broadcast Corp
AT&T Broadband
Best Buy
Boeing Autometric
Capital Vision
Carnival Cruise Lines
CDN-TV
Central Michigan University
Chase Productions
Chico’s
Clemson University Athletics
Community Access TV
Daimler Chrysler TV
Dallas Digital Studios
Daytona International Speedway
Discovery Channel Stores
Disney Cruise Lines
Dogen News Agency
Dream Video
Dublin Central University
Epcot
Exam Room Network
Florian TV
Florida State University
Game TV
GAORA CS Sports Channel
GAP Inc.
German Air Force
Hamburg 1
Hanoi Music Conservatory
Hard Rock Cafe
Harrah’s
Hartland Institute
High Impact TV
Iowa State University
IQ Digital
Janet Rae Ministries
Jefferson Pilot Sports
KAID
Kansai Television
Kansas State Wildcat Football
KARE
KCMO
KCSG
KEZI
KIDK
KRCG
KSBY
LNK
LodgeNet Entertainment
Magdeburg Police Department
MagiNet Corporation
Mainichi Broadcasting System
Massachusetts Institute of Technology
Mexicana Airlines
Michigan Air National Guard
MN Science Museum
Moraine Valley Church
NBC Network
NC Tech Center
New York University
Notre Dame University
Ohio State University
Ohio University
Ole Miss Athletics
Oregon State University
OTRUM
PEG Channel Muenster
Religious Coalition Cable TV
RMTV
Rock and Roll Hall of Fame
RTL
Rule Broadcast Systems
Sears
Seerveld Media
Sky Italy
SVI
Telehealth
Thailand Land & House
The Salvation Army
Tokyo Broadcast System
TV Asahi
U.S. Department of Justice
U.S. EPA
U.S. EPA Video
Universal Studios
University of Freiburg
University of Kiel
University of Minnesota
University of Missouri
University of Southern California
University of Tulsa
University of Washington
University of Wisconsin
USA Swimming
Vacation Channel
Wal-Mart
WCAV
WCOT
WDAY and WDAZ TV
WDIV
WMGT
Word of Life Fellowship
WPNB
WXVT
WXYZ
Most recent conference call:
http://seekingalpha.com/article/96552-focus-enhancements-inc-q2-2008-earnings-call-transcript
This is very important as it shows potential of the company going forward.
IMO, this is one of the best BK plays out there and is severely undervalued for what this company can do.
List of Focus Enhancement Customers:
A+M Media
AMNH
Asahi Broadcast Corp
AT&T Broadband
Best Buy
Boeing Autometric
Capital Vision
Carnival Cruise Lines
CDN-TV
Central Michigan University
Chase Productions
Chico’s
Clemson University Athletics
Community Access TV
Daimler Chrysler TV
Dallas Digital Studios
Daytona International Speedway
Discovery Channel Stores
Disney Cruise Lines
Dogen News Agency
Dream Video
Dublin Central University
Epcot
Exam Room Network
Florian TV
Florida State University
Game TV
GAORA CS Sports Channel
GAP Inc.
German Air Force
Hamburg 1
Hanoi Music Conservatory
Hard Rock Cafe
Harrah’s
Hartland Institute
High Impact TV
Iowa State University
IQ Digital
Janet Rae Ministries
Jefferson Pilot Sports
KAID
Kansai Television
Kansas State Wildcat Football
KARE
KCMO
KCSG
KEZI
KIDK
KRCG
KSBY
LNK
LodgeNet Entertainment
Magdeburg Police Department
MagiNet Corporation
Mainichi Broadcasting System
Massachusetts Institute of Technology
Mexicana Airlines
Michigan Air National Guard
MN Science Museum
Moraine Valley Church
NBC Network
NC Tech Center
New York University
Notre Dame University
Ohio State University
Ohio University
Ole Miss Athletics
Oregon State University
OTRUM
PEG Channel Muenster
Religious Coalition Cable TV
RMTV
Rock and Roll Hall of Fame
RTL
Rule Broadcast Systems
Sears
Seerveld Media
Sky Italy
SVI
Telehealth
Thailand Land & House
The Salvation Army
Tokyo Broadcast System
TV Asahi
U.S. Department of Justice
U.S. EPA
U.S. EPA Video
Universal Studios
University of Freiburg
University of Kiel
University of Minnesota
University of Missouri
University of Southern California
University of Tulsa
University of Washington
University of Wisconsin
USA Swimming
Vacation Channel
Wal-Mart
WCAV
WCOT
WDAY and WDAZ TV
WDIV
WMGT
Word of Life Fellowship
WPNB
WXVT
WXYZ
Focus Media Asset Management ; MAM Server Wins as the Solution of Choice for Archive andManagement of Video-on-Demand programs and contents
Tokyo, Japan (InterBEE 2008) – November 19, 2008 -- Focus Enhancements Inc. (NASDAQ: FCSE-PK), a worldwide leader in media management and digital audio technology, today announced that NHK Media Technology, Inc. has chosen ProxSys for central storage, archive and management of VOD media for TV programs.
The ProxSys PX product line solves the key media asset management issues associated with a file-based workflow. The system enables companies, organizations, and institutes to more efficiently store, manage, and retrieve their digital content, including video, graphics, music, and text files.
"NHK Media Technology carefully researched the market for a MAM solution to support our VOD strategy." said Tsuruo Ogawa, Senior Manager, Broadcast Engineering Department of NHK Media Technology, Inc. "ProxSys is going to prove to be the right choice to complete our file-based workflow. We should have to maintain close relationship with Focus Enhancements."
"We are very honored to have partnered with NHK Media Technology." touts Mark D'Addio "ProxSys is a very flexible and scalable solution and we are very happy that ProxSys has adopted by such a prestigious organization."
Broadcast, corporate, government, industrial, healthcare, entertainment, and sports production markets typically have deep online storage requirements. ProxSys provides metadata continuity that is essential for an operable geographically-dispersed workflow between videographers, editors, and producers.
Focus Enhancements will demonstrate the latest ProxSys Solutions at the International Broadcast Equipment Exhibition (InterBEE) from November 19-21 in the Hoei Sangyo Booth 2305 at the Makuhari Messe, Japan
About Focus Enhancements, Inc.
Focus Enhancements, Inc. (NASDAQ:FCSE), headquartered in Campbell, CA, is a leading designer of world-class solutions in advanced video and wireless AV technologies. The company's Semiconductor Group develops wireless IC chip sets based on WiMedia UWB and 802.11a standards, and design as well as markets portable ICs to the video convergence, portable media, navigation systems and smartphone markets. The company's System Group develops video products for the digital media markets, with customers in the broadcast, video production, digital signage and digital asset management markets. More information on Focus Enhancements may be obtained from the company's Securities and Exchange Commission (SEC) filings, or by visiting the Focus Enhancements website at http://www.focusinfo.com.
About NHK Media Technology, Inc.
NHK Media Technology, Inc. (MT), headquartered in Tokyo, Japan, was established in 1984 as NHK Technical Service, Inc.(NTS) to support the program-production technology of NHK; Japan Broadcasting Corporation, the sole public broadcaster in Japan.
Its task is widely ranged from HDTV broadcast as a pioneer in the world, satellite and terrestrial digital broadcast, data broadcast to program-production on 3D HDTV and exhibition. In 2008, NTS merged with NHK Computer Services, Inc. and has become MT. MT is a unique digital media company with total solution for Broadcast engineering and Information and Communication technology; ICT.
MT aims to be a leading company in digital media field, including digital asset management, encoding, format transforming and so on. Also, MT is developing advanced technologies such as 3D HDTV and Ultra HDTV.
The NHK Media Technology website at http://www.nhk-mt.co.jp/
Safe Harbor Statement
Statements in this press release which are not historical, including statements regarding management's intentions, hopes, expectations, representations, plans or predictions about the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include statements regarding management's expectations of the FS-5's features and capabilities and its availability date. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results to differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially include changes to the FS-5's feature-set due to changes in the market place, unforeseen delays in research and development, and the risk factors specified in the company's Form 10-K for the year ended December 31, 2007, Form 10-Q for the period ended June 30, 2008, as well as other filings with the SEC. These statements are based on information as of September 15, 2008 and the company assumes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.
ProxSys is a registered trademarks of Focus Enhancements. Other company and product names may be trademarks of their respective owners. © 2008 Focus Enhancements Inc. All rights reserved.
Focus Investors:
Michael Conway
Focus Enhancements, Inc.
408.866.8300 x150
mconway@focusinfo.com
Focus Press:
Kevin McDonald
Focus Enhancements, Inc.
408.866.8300 x179
kmcdonald@focusinfo.com
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http://investors.focusinfo.com/releases.cfm
Nice find, Widespread!
DD
Robert P. Atwell
CEO/Chairman of the Board/President/Director
Camelot Entertainment Group, Inc.
Aliso Viejo , CA
Sector: SERVICES / Movie Production (Theaters)
Officer since March 2003
54 Years Old
Robert P. Atwell, 54, Chairman, President and Chief Executive Officer, has been President of the Company since March 19, 2003. Mr. Atwell founded Camelot Films in 1978. Mr. Atwell is also the President of The Atwell Group, Inc. a position he has held since 1978. The Atwell Group was formed to consolidate operations of various companies controlled by Mr. Atwell. The Atwell Group specializes in taking on and implementing assignments for a variety of agencies and corporations including general business consulting, corporate restructuring, mergers and acquisitions, corporate investigations and securities administration. Mr. Atwell also serves as Chairman and is on the board of Eagle Consulting Group, Inc. and The Corporate Solution, Inc.
George Jackson
CFO/Director/Secretary
Camelot Entertainment Group, Inc.
Aliso Viejo , CA
Sector: SERVICES / Movie Production (Theaters)
Officer since April 2005
47 Years Old
George Jackson, 47, was appointed Chief Financial Officer and joined the Board of Directors on April 1, 2005. Mr. Jackson has been a Certified Public Accountant since 1984. He worked with the public accounting firm of KPMG. While at KPMG he worked as a consultant and auditor on many film companies including: Carolco Films, New World Pictures and others. He was the co-founder, CEO & CFO of several fitness centers from 1985 to 1999. He was responsible for managing companies with over $20 million in revenue, 540 employees in the United States and Asia, raising over $10 million in capital and managing the accounting departments and preparing financial statements for shareholders in the U.S. and Asia. He sold all his fitness center assets to Bally Total Fitness in early 2000, netting a return to shareholders of over 45% on an annual basis. From 2000 to present he has developed more fitness centers in Asia and been a director to several fitness companies. Mr. Jackson graduated from the University of Southern California with a B.S. in Accounting in 1982.
And you obviously feel confident here so apparently they must have come off us as somewhat intelligent, lol.
Thanks Cadillac!!!
And yes indeed good luck to us all:)
Alrighty, well has anyone spoken with the company to see what their grand plan might be?
Well, like I say, people have to understand that especially in todays market companies use their stock as capital as traditional financing is hard to come by. I think it will be fine.
But the question is whether they were listed on the OTCBB? The rules are different for this one I believe.
It very obviously is, I can tell just by the nightly T trades. Most companies do dilute, usually for capital. I would be more concerned if they were not trying to purchase properties and take on new avenues in their business, also the fact that company insiders own a whopping 82 million shares bought at higher prices is a very good sign, imo.
Nice! I got in at .0024, I should I waited, lol.
Is it me or did one little 5000 shares tap at the ask take it to .0026???
Listed on the Otcbb? I mean I could be wrong but I swear I saw where if they were listed on the otcbb and were current that they could only file a RS once per year.
Yeah, I figured I would get in now since .0005 seems to be support and if it does dip below that then I will get a chance to average down but I wasnt going to take a chance on waiting for anything lower than the current pps. It seems they have a lot of possible updates coming and imo since its good that they got any share selling out of the way before presenting major updates. Most company sell into news, screwing shareholders completely, at least with this one we have a chance of getting a great run when the news hits.
They cant do another RS. There is a time limit, I believe its only once a year. They obviously have diluted, but its more than likely so that they may make their acquisitions and imo the OS is still acceptable.
I see, the old switcheroo, well I think the current price is a pretty good buy but thats just my opinion, if anyone wants in cheap then this it.
Thanks Widespread!!!
4 times what OS??? I was told the OS is likely to be around 300 million or so.
Hey all I bought a starter position this morning, GLTA!!!!
I'm not the one who stated this, it is nothing more than speculation until the REGDEX is seen, I ordered a copied and have not received it. I had actually forgotten about it until today. I stated that I was speculating that it had something to do with the 50 Million shares that they added to the AS 5 days prior to that REGDEX being filed. Another poster spoke with Gunther Than and was told that it was for private placement funding. I still assumed that it was the 50 million shares. After speaking with the CEO and being told that Gunther Than is a large shareholder, I assumed that perhaps he was the one who purchased the shares as a form of financing for the company. If you would like to know where the rumor that it was for the BOD started then read the following post and perhaps speak with the poster:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33317903
6170
Yeah, I was just pulling your leg, lol.
whats a GEGDEX?