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Tiny floater had crazy big news this morning!
MYRY announced, just this morning, that have now completed last month's letter of intent and aquired the social media company described in the PR.
Ivany says, "Myriad is making final development and coding upgrades to the acquired software and we plan to unveil this new innovative application within the next month. With similar applications approaching valuations between $500-million and still rapidly growing, we know we are in the right space."
Myriad also plans to unveil a presentation of the technological features within the next couple of weeks. "We have worked very hard to close this deal and with very favorable terms for our investors. In the past we have provided development expertise to the staff at Mingle, which definitely helped in making a smooth and friendly transaction for both parties."
50M O/S
22M float
200M A/S
Best of all, it has barely moved yet! . . . (though it popped nearly 400% just on the letter of intent).
Could absolutely explode imho, especially as this forward-looking event approaches.
Have you read the MYRY news? Low S/S too
Also has a forward-looking event, unveiling new product in a month, per this morning's PR
Thanks for the tip Gary S ...
bears finally losing control here, w/nhod?
low volume = sellers drying up :)
As far as the "Letter of Intent" thing goes:
- Most OTC's do it this way.
- Many stocks run, yes, even before the deal is official, on speculation and the potential of what a deal "could" mean IF it DID came to fruition.
As for ASYI not yet "closing" one of their letters of intent, you could look at it two ways:
1) Either they have no intention of ever actually closing one, and are a scam as a few seeming basher sorts are claiming,
OR,
2) Their number is about to come up, they're finally about to hit on one, and it VERY WELL might be Kooltel!
No one knows for sure, so go ahead and plce your bets.
(Personally, I'm gambling on number two.)
please explain WHY?
WOW, you're right, 24M/year not 2M/year, according to the speculative example given.
Now let's please not hype this out of proportion and claim it's a fact, since we don't know it for certain, and since it only hurts the stock if expectations are too high compared to what we ultimately find out.
Still, just the possibility is intriguing!
I'm sorry, please help me understand, I don't see anything about a scam anywhere in this post stickied to demonstrate a past scam of Beatty's?
Are you implying that because a company failed it was a scam?
By that measure most companies are scams, since most companies fail!
As for Beatty, have you read post #19241 ???????
Here, I'll copy it below, with credit going to Keech63 (for what I consider a most substantial post):
Very Important Beatty's Back On Board Of Directors
This is Trinity Capital's Recent Client Work:
Carter Group, Inc.
Carter Group manufactures electronic components for the automotive industry. Carter commenced manufacturing in June 2002 flawlessly. The company has achieved a $20 million plus run rate and has drawn significant accolade from the auto market for their success
Trinity was the exclusive Agent in a $7 million private placement
Trinity subsequently acts as a financial advisor for future acquisitions
Trinity has observer status on the board
Genetic Diagnostics Inc.
Genetic Diagnostics Inc. has developed a revolutionary technology platform for conducting DNA diagnostic tests. GDI's technology is rapidly advancing towards commercial use and has been strongly received by the well-recognized clinical lab companies such as LABCORP and Qwest.
Trinity has acted as a lead agent in a second round of $1.25 and a subsequent $4.0 private placement
Trinity has two members on the Board and on the audit and compensation committee
ComnetiX Computer Systems Inc.
ComnetiX's principal business is the provision of advanced biometric-agnostic, hardware-independent, standards-based verification and identification software solutions. The Company also is a leader in the development of state of the art networked criminal intelligence systems. ComnetiX has seen revenues increase dramatically over the past 2 years with a commensurate improvement in the bottom line, from a loss of $3 million to a profit in 24 months.
Trinity provided partner capital in two rounds of purchase order financing
Trinity subsequently converted its partner capital and syndicated a $2 million private placement
Certicom
Certicom was a leading provider of information security software and services based upon elliptic curve cryptography. Elliptic curve cryptography enabled Certicom's software to be utilized in a high volume limited real estate environment
Trinity acted as an exclusive Agent initially providing partner and institutional capital on a $ 2. 06 million private placement
Trinity assumed a board seat and assisted in the recruitment of a new CEO
Trinity chaired the Audit Committee
Trinity shortly thereafter acted as lead manager on a $ 8 million IPO
Certicom utilized the initial capital to expand, then produced offerings, sized up their organization. including the establishment of a US executive office in California. Through their developer tools, they were able to license over 200 major clients worldwide
Changepoint
Changepoint is one of the pioneers that established the market for Professional Services Automation (PSA). The company originally sold a workgroup platform for managing projects and collaborative applications on the Internet. Changepoint's PSA software today is a mature, robust, fully integrated, and globalized product that is multi-currency and multi-tax enabled. Changepoint's software is used by over 350 leading professional service organizations around the world
Trinity was Principal and Agent on a $2.75 million private placement
Trinity assured two board seats, chaired the Audit Committee and sat on the Compensation Committee.
Trinity acted as the financial strategic advisor on a second round financing of $4 million
Eli Eco Logic Inc.
Eli Eco Logic has developed, patented and is marketing a hazardous waste destruction process that destroys toxic materials in a safe, permanent, and cost effective manner. The Eco Logic process remains the preferred choice of technologies in the chemical demilitarization market and the overall military waste market. The Eco Logic process has been used superbly for individual waste including PCB's
Trinity initially invested in a seed round financing, and organized a reverse take over
Trinity acted a co-deal manager on a $19.3 million rights offering
Trinity has a board seat, chairs the Audit Committee, and assisted in the recruitment of a new CEO in August 1997
Over $60 million has been spent in developing, testing, improving and commercializing the Eco Logic process and ancillary technologies
iMPath Networks
iMPath is a leading provider of video networking solutions for the surveillance and enterprise video markets. iMPath has now major installations of surveillance equipment throughout the world from JFK airport, the Millennium Dome in London, Jerusalem Town Centre in Israel, and even in New Zealand. The organization has grown through partnering and alliances worldwide and has expanded their product offering from the transportation systems market, to broad based video surveillance, including airports, hotels, casino's and correctional facilities markets.
Trinity was the exclusive Agent and advisor on a $6.25 million private placement
Trinity assumed a board seat, sat on the Compensation Committee and assisted in the evaluation of the sales and marketing departments, ultimately creating an improved organization
Based on what?
"Massive" new company value because they make "Huge Profit Already?"
And you know this how?
You exaggerate so much, based on nothing, that you make this ASYIE board seem like a joke.
I'm holding plenty of shares, and am just asking you to calm down or else at least give out information to back up your claims. If they're making huge profit already, don't just pump it, but tell us HOW you know.
Thank you!
"Alternate contact" information contained in that document may be worth a try too...
Kool Telecom
888-898-0850
4. Point ofContact for Commission Inquiries
a. Contact Name: Andrew Wells
b. Contact Phone Number! 416-515-0420 X 10
c. Contact Email Address
andrew.wells@kooltel.com
5. Alternate Point ofContact for Commission Inquiries
a. Alternate Contact Name: Adolf Rodriguez
b. Alternate Contact Phone Number
210-949-7408c. Alternate Contact Email Address
Adolf.rodriguez@bsgclearing.com
Excellent post. Glad it's stickied.
Exactly! It implies Kool Telecom KNOWS the debt has been resolved (perhaps through the divestiture of the airline business).
I am also waiting for the 10-K to confirm whether "any" debt "still exists."
"Cookee" and "Webtradex" GONE too, along with Jeff Robinson and his questionable history. Apart from the debt, those were the biggest concerns our friendly helpers kept bringing to the board for some time.
So if they can't admit things are suddenly looking better now, then they are therein admitting their was never much substance to their complaints in the first place.
We really lightened the ship and just may float now.
So I'm not jumping overboard just yet.
Gotta be flexible when the only thing that's predictable is change itself. Though it wasn't exactly easy for me to change mental gears, this 'Kool' thing is starting to grow on me and looks like it just might be better than B-Slam after all. Why else would yesterday's 8-K say ASYI terminated the agreement with B-Slam (rather than saying B-Slam terminated it with ASYI)?
By looking at both B-Slam AND Kool Telecom, I get the impression that ASYI is looking to do a big and substantial aquisition, not your average fluffy type, which may be part of the slow process.
Still waiting for 10-K to tell us about what impact divesture of airline business had on whether "any" debt "still exists" as we move forward with a seeming REAL Kool company this time around.
Apart from disillusioned B-Slam lovers who can't change gears, and want out regardless, which should only affect the stock for a short time (perhaps resulting in another hammer on Monday), this is comparable to another new and exciting merger potentially found hidden in a filing! On a stock that moves easily with an obviously low float (having a reasonable 750M A/S as but a token of their very real intent to facilitate the merger with a yet-to-be decided amount of restricted shares).
So you liked B-Slam and Jeff Robinson?
Yes? No?
OR is it better for ASYIE that they're gone?
According to all the Jeff Robinson Bashers, then, this should be the BEST news possible!
ASYI terminated it, not the other way around.
Good point.
On April 19, 2012 AISystems, Inc. (the "Company") terminated the Letter of Intent executed with Birthday Slam Corporation.
"Kooltel Cell will help users save up to 80% on their cell phone bills."
Huge, if only it were true . . . (or even if they were half right).
How many people use cell phones?
from webpage at
http://itunes.apple.com/us/app/kooltel-cell/id452809514?mt=8
What Facebook adds to BirthdaySlam more than anything else, is a billion eyeballs which will make it that much more likely for BirthdaySlam to go viral.
So please don't get confused, acting like a buyout is the only thing Facebook could potentially do for us!
Go Facebook IPO!
And go all apps who go viral on Facebook!
Agree 100%, but I STRONGGGLY suspect the Facebook IPO will simply add another dimension of mania which could launch this thing into the stratosphere by the time of that soon-to-arrive date. (With the biggest moves still a month off, with anticipation boiling over as D-day gets closer and closer.) I'm thinking of BCC*, and while I will be piecing out all the way up, I will carefully hold onto plenty of shares for a MUCH bigger move, jic. I really think it's going to happen, and I think it's going to happen within a few weeks. Probably the week before the IPO. We're not talking about "someday" here; we'll soon be able to look back and see whether it happened or not!! As for right now, the risk to reward ratio is out of this world.
ONLY AFTER THAT do fundamentals and logical reasons come into play... and I'm guessing it will have gone so high that it will downtrend for probably 18 months, perhaps back into the dirt, unless positive developments warrant it uptrending again at some point. (Like going viral!)
Just my opinions.
Thank you! Been thinking that for a while but saw no one else mention it. Sometimes a name alone can take something viral, and none of us know for sure if B-Slam will go viral and become a houselhold name or not. But IF IT DOES, which it easily could, then it won't matter in the least whether we get bought out or just get rich on our own!! Hello? It's just that simple. As for me, I think we have an excellent chance. Why? Well, with a name like BirthdaySlam . . . combined with the universal love we all have for "free stuff". . . combined with the way it's so easy for things to go viral these days . . . combined with big players like Coe and Robinson promoting it, pouring in all their resources, utilizing all their [many!] contacts and connections, and trying to literally FORCE it go viral (regardless of their past, I mean, we've all got some dirt in our past but that doesn't mean we're all washed up forever) . . . . well, you get the idea.
Textbook cup and handle...
"Buy Confirmed" today at Americanbulls:
http://www.americanbulls.com/StockPage.asp?CompanyTicker=SNVP&MarketTicker=OTC&TYP=S
SNVP ready for round 2? green on nhod
87M float at .003
rumored oil and gas R/M
big bidder
We just broke over the final downtrend line from
the peak at .0159, FWIW
I think it's going to hammer
fly fisherman's post should be stickied, SO TRUE!
I was there too, for the "launch of website" runs on through Linux, bird flu, hurricanes and everything China - all of which had some crazy explosive plays - but right now, let me ask you, what's bigger than Facebook?
Not to mention the timing of a Facebook IPO???? Everything remotely associated with them will fly as the time approaches.
Buckle up...
52-week low of .0008 ----> hit .12 on that one Steve.
Just thought, since ASYI low of .0009 is 12.5% higher than .0008, does that mean we'll hit .135 (since it's 12.5% higher than .12)?!
Just joking, but there is something to be said for why it held .0009/.001...
I said nothing about it coming out of the float!
FYI,
Here's what I DID say:
"I don't get the confusion over an appointed officer not entering an employment agreement right away.
These guys in particular are trying to become the next billionaires, not earn a paltry salary or wage!
Let me put it this way. If this is a start-up and no big excess of money is yet rolling in, then what do you expect or hope for them to do? Eat their seed money, their only working capital?? Or better yet, to sell boatloads of shares to pay them as employees??? These aren't employees - they are entrepreneurs. And as such, they are likely willing to work for nothing until the business hopefully explodes - at which time they are rewarded big and accordingly. I know it's hard for those with an employee mentality to grasp, but it's called delayed gratification, and it's just what entrepreneurs do.
And as Rainmaker said, as owners of Birthday Slam they will receive a certain number of restricted shares of ASYI. If they fail, their shares are eventually worth next to nothing. But if they succeed, they're the next billionaires because their stock will appreciate accordingly. Again, entrepreneurs, not employees."
EXCELLENT point, man!
"I just think of this as the birthdayslam IPO and the last thing they want is a bunch of pissed off shareholders."
Where, please?
Quote: _____________________________________________________________
"According to the information on OTC, ASYI is the THIRD reverse merger for this shell.
____________________________________________________________
Are you referring to their prior "names," or no?
- Formerly=Wolf Resources, Inc. until 5-2010
- Formerly=Cantop Ventures, Inc. until 5-2008
Is so, that doesn't necessarily mean these were each a R/M.
(Many if not most companies have prior names but did no R/M.)
Please respond.
Exactly Mickey, that's the biggest point of all:
The Jeff's of Birthday Slam, appointed to ASYI, confirmed by 8k.
Best news possible...
IF (IF, IF) these big guns - one of whom was named as one of Europe's top 100 technology experts - are willing to DEFER their salary until the business is [as they hope] exploding - so as to pour ALL financial resources toward that goal... then their business has that more chance OF exploding.
They know that, they're not stupid, and THE LAST thing they want to do is to shoot themselves in the foot by draining their resourses prematurely just so they can have a little extra money in the meantime.
That means one of THE BEST things that could happen is for them to work for nothing for a while. You've heard of the rare CEO or chairman who puts up a bunch of his own money because he so believes in the company. (And their stock of course runs on the news.) Well, it's sort of like that.
And I personally take the new 8k's phrase about no employment agreement to indicate this is a very real possibility.
Not only that, but how much of their own money might these guys be bringing along with them? To make sure their biggest dream ever works as bigly as they planned? Have you ever thought about that? I have a feeling they collectively have [a lot] more money than I do! - and I know if this were my business and I truly believed in it I would throw all my own resources at it too, if necessary. (Which it may or may not be - only they know.)
THEN once the stock price rises they can raise capital that way (which is why they're going public in the first place). (Not to mention start taking a salary off profits, not by selling shares!)
Best news possible IMHO
Replied to wrong guy. This is for you...
I don't get the confusion over an appointed officer not entering an employment agreement right away.
These guys in particular are trying to become the next billionaires, not earn a paltry salary or wage!
Let me put it this way. If this is a start-up and no big excess of money is yet rolling in, then what do you expect or hope for them to do? Eat their seed money, their only working capital?? Or better yet, to sell boatloads of shares to pay them as employees??? These aren't employees - they are entrepreneurs. And as such, they are likely willing to work for nothing until the business hopefully explodes - at which time they are rewarded big and accordingly. I know it's hard for those with an employee mentality to grasp, but it's called delayed gratification, and it's just what entrepreneurs do.
And as Rainmaker said, as owners of Birthday Slam they will receive a certain number of restricted shares of ASYI. If they fail, their shares are eventually worth next to nothing. But if they succeed, they're the next billionaires because their stock will appreciate accordingly. Again, entrepreneurs, not employees.
I don't get the confusion over an appointed officer not entering an employment agreement right away.
These guys in particular are trying to become the next billionaires, not earn a paltry salary or wage!
Let me put it this way. If this is a start-up and no big excess of money is yet rolling in, then what do you expect or hope for them to do? Eat their seed money, their only working capital?? Or better yet, to sell boatloads of shares to pay them as employees??? These aren't employees - they are entrepreneurs. And as such, they are likely willing to work for nothing until the business hopefully explodes - at which time they are rewarded big and accordingly. I know it's hard for those with an employee mentality to grasp, but it's called delayed gratification, and it's just what entrepreneurs do.
I don't know about anyone else, but this sounds BIG, now that I see this guy's credentials! HDOGTX, you were right about other big-gun type management potentially coming in!!
The following is certain biographical and other information regarding the newly appointed Officer:
Jeff Coe, 39, was raised in Queensland, Australia where he studied Commerce at the University of Queensland. After university, Jeff traveled the world and chose to settle in Denmark. Jeff attended Tiegtens Business College from 1999 to 2001 and enrolled in a pioneering business course focusing on Ecommerce. After winning a startup competition for his innovative business model in his final year, Jeff founded his first technology startup with the winnings named Halfahead.com.
In 2003 Jeff moved back to Australia and joined as Director of Sales and Marketing for Mercury Mobility (now Mnet Group) and grew the company from 4 employees to +100 in less than 18 months. In July of 2007 the company went public on the Australian stock exchange.
In 2008 Jeff invested in the German video platform sevenload and took on the responsibilities of expanding the company internationally and managing all licensing rights to content holders. At the end of 2009, Jeff exited sevenload when it was acquired by Burda Media group. Jeff then became Managing Director of Linden Ventures, an early stage accelerator based in Berlin working with and investing in early stage technology companies.
In January 2012, Jeff stepped down as the Managing Director of Linden Ventures, however maintains a non executive role as Venture Partner. Additionally Jeff holds the role as investor and board member of several European technology companies and has been a mentor for Tech Stars Europe and Seed Camp as well as being named one of Europe’s top 100 most influential technology experts (The Telegraph).
Wrong company or no? Who is AeroQuest Technologies?
tia
That "old" news said nothing about merging with a otc shell w/ 170M O/S!
It just said birthday slam was going to launch in early 2012.
At the time you couldn't own a piece, but now you can!!
nice DD papadedavid!
Certificate Validation
A Certificate of Good Standing was issued by the Colorado Secretary of State under the confirmation number set forth.
Confirmation Number: 7873365
Certificate IssueDate: 02/23/2011
Business Entity: STRAT PETROLEUM, LTD.
Business Entity ID: 20111088737
source:
(enter confirmation number 7873365, found at bottom of certificate, into SOS "Certificate Validation" box)
http://www.sos.state.co.us/biz/BuildCertificate.do?masterFileId=20111088737
http://www.sos.state.co.us/biz/CertificateSearchResultsFound.do;jsessionid=0000PB9Vf9tiroliMzEkLxZYitZ:11nm16sja
Maybe since you alone do understand these complexities, there might be a better way for you to help us all than posting here at this lowly ACDU board?
CDOI not here? one of the worst of all time:
http://www.otcmarkets.com/stock/CDOI/company-info
Adjusted, it seems they hit not $1,400 a share in 2005, but $1,400 billion dollars per share:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=cdoi&sid=0&o_symb=cdoi&freq=2&time=20
Whereas, in 2007, they traded at only $20,000 million [or 20 billion] dollars per share:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=cdoi&sid=0&o_symb=cdoi&freq=2&time=12
YIKES!
Nice link! Thanks for sharing.
Are you trying to say that THE ONLY reason the SEC allows the ACT of 1934 to remain in effect in the first place - and the only reason that any Business Developement Company might elect to use it - is for the purpose of cheating all stockholders through undisclosed dilution?
Even if it were true, who cares!... for that's ALREADY the state of pinkyland. They DON'T NEED the ACT of 1934 down here, if they want to scam us. How many non-exempt [non-electors of the ACT] pinkies have diluted their shareholders to death, IN SPITE OF not being exempt? By all observations, it seems that no pinky is safer than another, ACT or no ACT. Regardless of "rules," you rarely know what a pink sheet stock's current S/S is, or if dilution might on its way, until after the bottom has already dropped out (to ridiculous levels).
As for ACDU, the bottom HASN'T dropped out.
If undisclosed dilution were hitting us without relent, then why is volume so low? . . .
And the share price holding up so well? . . .
Why didn't we hit triple zeroes long ago, with the rest of 'the diluters?'
Only because we're NOT one!
Budgetcuts0, I thank you for your insight and concern, and hey, I do not think your ideas and theories were stupid. In fact, I think they might apply in a good number of cases to those BDC's who do opt to abuse their rights. But I'm hoping that not every BDC is an abuser - and by the long-term action of ACDU's stock, it seems to be one of those that isn't.
Frank