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Has anyone called/emailed Tectane to get their take on this?
(514) 640-1111 (voice)
1-866-439-4111 (toll-free USA and Canada)
Nino De Santis, President & C.E.O.
email: ndesantis@tectane.com
H. Tom Fournier, Vice-President, Quebec
email: tfournier@tectane.com
David Chin, Financial Advisor
email: dchin@tectane.com
Domenico Chiovitti, International Research Director
email: dchiovitti@tectane.com
Mike Graham, Transport Director
email: mgraham@tectane.com
Ruby Shulman, Business Development
email: rshulman@tectane.com
The license & distribution deal is basically what has been sold for 84 million. I assume PGYC paid maybe a few hundred thousand, or nothing at all (shares maybe?).
I would think Tectane would be the company that actually manufactures the devices (or at least coordinates the manufacturing). This would be big news for them as well, maybe they would actually respond to inquires?
I'm gonna fire off a few emails at least, maybe call Monday.
Zambia123, next time you speak with Paul, please ask him to setup a FAQ (or blog) on their website to inform us investors of a few details that are lacking in the PRs. That way we do not have to hammer them with calls (that have not been answered in my case).
Thank You, for forwarding the info you did get.
I was just about to sell half of mine at .03 - .031, but it started edging up so I pulled my order that was at .033. then I check again a few minutes later and its bouncing between .05 and .06.
Still looking for a few details...
My take of the day is:
If in fact the contract signed yesterday is with http://www.tiautomotive.com/, the PR guy should be fired. Either he is an idiot, or a mastermind and bought a bunch yesterday. Pretty sure the name of the company is important on a press release announcing 75 million in sales. If it is tiautomotive and can be verified, then this will be .08-.10, or more by end of day (IMO).
However, if the company actually is some random company, that no one has heard of, has no website, and can cannot be verified, then the jig is up on this.
On a positive note, http://www.tiautomotive.com actually has the word "innovation" as part of their slogan (as well as the words "Solutions" & "Integration"). It's possible their their letterhead on say a PO/FAX could be misleading.
I have a decent amount of shares here too but, the company in Texas is not related at all, google.com/finance has these two mixed even on their quote page.
The Texas company is:
http://www.patriotenergyresources.com/
The Canadian company is:
http://www.patriotenergycorporation.com/
Yes, where did these come from, how are these worth $113 million? Is this just projected based on them selling a billion Oxygenators?
The building looks fairly large in google maps, 6-8 floors.
http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=6020+Rue+Jean-Talon+E,+Montreal,Canada&sll=45.587994,-73.57821&sspn=0.001432,0.002736&ie=UTF8&ll=45.58735,-73.578124&spn=0.001378,0.002736&t=h&z=19
Anyone living in Montreal want to stop by and check them out in person?
Fidelity is fine for anything but penny stocks, they charge extra for anything beyond 1000 shares. I bought some SRSR in January, ended up paying $100 commission for 80k shares. Then sold them and paid another $100 fee.
I ended up signing up for Zecco for trading penny's since they have a $4.95 flat fee for unlimited shares. However they have some pretty basic trading options, for example you cannot do trailing stop losses on anything under $5. Which means you have to monitor stocks all day if you are a swing trader, then of course the website does not work on Blackberrys. Since joining they have dropped their 10 free trades a month... I'm looking for a new penny broker.
Waiting for the "April Fools" PR today.... I'm in the red on this now. I figure either the company goes under/people go to jail/fined heavily, (OR) I get a 6x to 12x return (and then 2x return per year on royalties).
I've been watching the TV show Leverage... There's always the possiblity that the "Fortune 500" buyers are a bunch of con men who will disapear at any moment. Until the actual buyers name is released and verified by 3rd party, this won't be doing much, hoping .04 is the bottom.
I bought another 70k at .0165. That would be the lowest PPS I have paid for SRSR.
Price is just above all time low, earnings coming out (they have already been priced in and then some), Oil near $50, this has got to go up from here. IMO.
todays recap 1,184,508 buys and 1,760,643 sells (140,583 unknowns) according to investorshub L2.
I think you typoed the sells by around 6 million.
Conference call stated that within 90 days they will find out if Delta is granted an appeal of the injuction that Mesa has been granted. They believe the injunction will be upheld. Conf call stated that if Delta loses the appeal, then Mesa would either settle with Delta or go to trial by the end of the year (but apparently getting an injunction in the first is pretty clear win if going to trial).
The whole sell some SRSR to make money in the mean time didn't work out so well for me. I'd just leave it in. At this point I'm not able to buy back as much as I sold because of my losses elsewhere. Crazy market out there.
If it's debt holders, why not say increase it to .09 and make another 12%? The sell order at .08 has to be in the range of 10-15 million shares. I don't know that I've seen this happen before (but I'm a newbie too, soo...).
So what happens on 2/25? Will the share price be divided by 5 (29 million/146 million)? Or has that already priced in since they had previously said it would be 900 million shares? I assume it will be based on market cap, so divided by 5?
It's been showing that same price for a few weeks now... Not dependable. BTW, get a zecco account if you want to buy penny stock, Fidelity not too friendly on penny stocks (fees).
I'm in similiar position, I was thinking this might be the one after a series of bad calls. The amount I am down on this has now exceeded any of my previous single equity losses. I have 80k after selling off another 150k at a loss, my average is now 5 cents (including losses). I truly hope we are near the bottom and that people start paying attention to this.
Anyone want to use their nifty tools to determine if a majority of the sells are from a specific broker? I remember someone a few weeks ago talking about doing this with their trading platform?
me 3, I'm at .034. My trading account looks pretty bad. And I don't really have any more $ to average down, last week .034 looked great.
Hopefully the golden cross in the near future points this back upward. We all know this is a good company, the problem is not to many others do. Until $ numbers are included in press release(s) I don't see this jumping to the next level. As a legit company I can understand not highering some pumper, but I think most of us newbies believed the PR would have had a greater impact on the SP (and be readible by the average Joe).
Barcharts indicator isn't looking as good as last weeks 96% buy, it's now at 8%.
http://quote.barchart.com/texpert.asp?sym=SRSR&code=BSTK
American Bulls posted a Buy-IF... I know everyone seems to dislike this site, but it has been correct now 10 times in a row.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=SRSR&MarketTicker=OTC&TYP=S
The Press Release laid out the exact details of the results. I think they could have added a summary to it so normal people could understand what it means (i.e. investors). If I were not already an investor, seeing that PR would just confuse me and I would immediately dismiss it.
Now if that PR summarized basically what many here on the forum are stating, there is a measurable amount of X, Y, Z, etc... minerals at an estimated value of $$$.... Then I would take the time to do my own DD.
I guess that may be coming at some point after compliance?
We should also take into account the overall tanking of market over the past 3-4 days (DOW, financials, gold, etc...). People are pretty tentative right now and may not be buying anything until a short term bottom is found. If the latest update had come out early last week it may be a different story.
I have bought 95000 shares over last few days. I'm guessing I'm getting taken by Fidelity's fees (like more then $100 so far), what broker do you guys/gals use to buy SRSR? I see a post from someone with 4mil, that would cost me something like $5600.