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This filing is old news. they all didn't just get their share Friday.
As much as i hate to say it. I think were ok now. Ouch The Mother "Fing" management seems to have finally taken a seat in SIVC.
That's me buying at .0035
Dang....Go Us !
SIVC gone now from no. 9 on the Most active form.
funny... Were number 9 on the Ihub "Top 15 Active Stock Market Forums" with "0" posts. Hmmmmmm LOL
http://investorshub.advfn.com/
Mark Astrom should be arrested !
Now that's going out on a limb.... Malc
A little more like joining the Foreign Legion!
I don't see any problems..i think we have finally worked through them. Just trying to explain how we got here with out getting to technical...Going out to dinner. I'm in for the duration.
Myth I gave up reading filing a few years ago on pinkies because the stock price always showed me what was going on before I ever had a chance to read about it. That being said ...Anything could be happening. The Man Behind the Curtain is holding us down and it has to be about money.
Are you saying the entire increase in O/S was from the Senior Notes A @ B ?
Do you know the total share costs?
Newbie...As the Lender it doesn't matter what the price is at long as it isn't under .0006 The minimum conversion price.
I think shares are set aside based on the minimum conversion price and what ever amount end up being used depends on when and at what price they were converted. If great news continues out of a company during the conversion period less share are used. If no news or bad news comes the price of stock could fall to the minimum conversion price or lower.
Link for what the minimum conversion price or the amount of the loan ?
SIVC borrowed money and for that the lender was given shares to convert into cash at a later date. The minimum conversion price was .0006. So..........As I convert my shares it puts downward pressure on the stock price.(Dilution) My goal as the lender is to put enough downward pressure on the stock so I can get as many conversion shares as possible for my dollar. I get twice as many shares if the price is at .0006 versus .0012. This is what makes toxic financing so dangerous, especially if there is a company problem and the lender is able to convert all shares at the minimum conversion price.
At least that's the way I see it. comments appreciated
hardasset...Would those be business days or just regular days ? LOL
Anyone have a pair of Binoculars ? Having a problem seeing .001 . Looks to be "days" away.
PS How long is Days ? LOL
The big seller and buyer ...probably the same group are on the sweet spot now .0006
Were getting some nice volume early. We should eat through the last of the dilution and off we go!
Anyone want to take a guess at the closing price today?
My guess is .001
Sounds like JB is ready build a little shareholder value ! Yippee for us !
The surprise coming has added a little confusion to all the Great news.
Nice news Don't be afraid to pile on ...JMHO
I'm thinking he may even fire out a signing pr before he leaves country. Never could figure out why JB liked to release news on Fri.
I never did like that. Not saying he will tomorrow, just saying I don't like Fri. news. "not enough bang for your buck!"
Anyways...You would think the first traders would start boarding the train starting late Fri. We'll find out soon enough.
Snippits from the last PR indicate JB has been in China almost 3 weeks.
While on his trip, Mr. Bickel attended the Rodman & Renshaw Annual Investment Conference held March 7-9 in Beijing
The companies are being interviewed as part of the screening and due diligence processes, and as a result of the meetings, at least one new client is expected to be signed while Mr. Bickel is in China.
We look forward to reporting any material progress that is achieved as a result of these meetings, including the signing of any new clients."
If I'm thinking right....JB's trips usually last around 3 weeks.
how long is normal Myth ?
Having a fist full of shares creates a perfect storm. Lenders are also investors. The lender new way back when we were going down to .0006 or a little under when the shares were released. It's in the filling. Why not sell all the way down then buy back?
http://en.wikipedia.org/wiki/Death_spiral_financing
To answer my own question ....I would think the shares have been distributed for services rendered and it's out of Jim's control as to when they sell or buy. Personally I think we've about digested the bulk of the share issued and any news will suck up what ever are left and off we go.
I guess it boils down to income....We need income and that's why Jim is in China.
KarinCa....Why don't you think it's an issue ? I think someone is selling the shares JB gave them over the last year for services. It's driving the price down and then their buying back as many as they can at around .0006.
I wouldn't mind knowing when this might end....how about you?
An announcement of No more dilution would be more appropriate at this point in time. IMHO
someone put your ear on the track and see if you can hear the train coming !
I personally think the quality of companies JB finds are shocking. Not the kind of companies you would expect out of a pinksheet company. What else is there to say. Except If he can bring the same quality of companies together in the US export business I think were in for some major growth.
I think were all going to enjoy the next few months a lot more than we enjoyed the last year. Unless of course you were buying during that time.
First there's Panic and all the little fish flee for their lives. Then...taking a second look they see it was really a boat taking us all to Nirvana and the Call is made.....All Aboard !
Looks to me like a Whale driving in. Their weight and size always cause the water to retreat for a moment. Guess what happens next ?
The guy asks a question like this and wants us to believe he had 40 million shares lol
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46798319
I love it when we lose "0's" !!
Anyone that would pay .0008 before lunch would certainly pay .0009 after lunch ! lol
Me too....lol
Hmmmm not sure I'm going to get filled. lol
ouch ouch ouch lol