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Picking a time for the run is clearly tricky. I think the fact that it is trading in the .0055 range would lead one to believe the run is in the very near future. With the share reduction, a fully diluted AMSZ has about 850-900k market cap. There is no question this is extremely undervalued, but until big buyer comes along it doesn't matter. Filet Mignon sells for 99 cents a pound without buyers. People will taste the product eventually.
I don't think it is a short position that is holding this down. I think we have retail plays on both sides, and there were some shares sold into the float. I would guess the short is a low number, but the ask side to get to .01 is even smaller. I don't feel it is some MM conspiracy, as much as it is too few knowing the potential. Big buyers will find this play, and until then we have to fester. This is clearly one of the best on the board. It will run. I hope very soon.
You are dead on about the need for buying pressure. I won't take a stand on the shorts, but the bid has been too weak to sustain a solid run. There has been some selling, and with the weak bid it has been easy to drop the price. If we could get a deep pocket buyer in, this would fly. I believe that people are watching, and hope this is the range where they enter.
Verification of a few of the pending pr's will go along way to create some buying pressure. Many people bought in the .01 range and are a bit skittish. That coupled with impatience has created some selling. I believe this will have a nice run in the near future. I also feel a beginning of the month run is more likely than an end of the month run. I would like to see some stock group target this. That would create the bid support needed overnight.
I think .005 is the base resistance. Just because there will be many people averaging down at that number. Unless this gets some deep pockets to create some strong buying pressure, this will struggle to move up. The retail buyers that it has now are struggling to tread water. The big buyers have a number, but it's anyone's guess what that number is.
Unload them high, and buy at lows. When you get a good stockpile, you can hold a base amount for any big runs.
Fully diluted this company would have a 900k market cap right now. That is just amazing.
If you feel that way, selling in the .007 range would be your best option. Then you can buy back if you feel the urge. That would make more sense than predicting doom and gloom and holding your shares.
Only problem is the SEC doesn't enforce their rules on pinkies. It's been proven time and time again.
Getting it from the financials on pinksheets.
Fully diluted at .005, the market cap would be 875,000. That seems a bit low for a company that turned a 4th quarter profit.
Well I had to put BLO4Life on ignore. Unless he starts taking his meds, I suggest you all do the same.
Oh, my bad. So what the hell is it that your doing here. Discussing a stock that "disgusts" you. Your words.
Telling the newbies they can make 15-25% probably isn't going to scare them away.
Maybe you should educate yourself? I encourage you to go read the filings.
Instead of warning the uneducated, how about encouraging them to go to pinksheets and read the filings. Allow them to make their own decision. Your no different than a pumper when you throw words like "scam" around. You have no proof of this. There are many stocks out there that are bonified scams. Go educate the masses somewhere else.
I'll be the first to admit that I sold yesterday, and bought back today at .01. I appreciate the discounted shares. I just don't want to hear the BS that he is here to inform uneducated traders. That's the biggest whopper of a lie an ihubber can spew.
You couldn't be more full of it. You don't give a damn about anyone but yourself. If you care so much, think of the impact your negative comments have on people who already own the stock. Take your garbage somewhere else.
Those financials are incredible for a pinky trading at this level.
I'm thrilled with the way it is playing out.
March 31, 2010, 4:00 p.m. EDT · Recommend · Post:
AcuMedSpa Holdings, Inc. Announces 2009 Revenues of $2,168,236
TAMARAC, FL, Mar 31, 2010 (MARKETWIRE via COMTEX) -- AcuMedSpa Holdings, Inc. (PINKSHEETS: AMSZ), a provider of Medical Aesthetic, Spa and Acupuncture services, is pleased to announce their preliminary results for fiscal year 2009. The company had $2,168,236 in revenue, an increase of over 17% from 2008 with a net income of $(18,891).
Brian Sperber, President of AcuMedSpa, provided the following statement, "We are proud to share these initial results with our shareholders as we begin providing increasing transparency to market over the next several months. I would also like to take this opportunity to state that our Revenue and Net Income goals for fiscal year 2010 are projected to be as follows; $10,000,000 in Revenue with approximately +$2,000,000 in Net Income."
"Providing these preliminary 2009 results to OTC Markets, Inc. (formerly Pinksheets.com) reflects on our overall objective of maximizing shareholder value in as transparent a manner as possible, as we begin implementing the next stages of our multi-year growth phase by expanding our organic footprint in the United States along with strategic acquisitions."
For further information please visit our website: www.acumedspa.com
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and AcuMedSpa Holdings. Inc takes no obligation to update such statements
Contact:
Brian Sperber
1-877-8ACUMED
SOURCE: AcuMedSpa Holdings Inc.
Copyright 2010 Marketwire, Inc., All rights reserved.
By the previous filings, it would lead one to believe 3/31 would be the next financial filing. It would also seem like a waste of time to throw an attorney letter out there, and then file late.
People sell on speculative news. News of completed aquisitions, and positive quarterly financials would create buying pressure.
bid .0088 ask .01
.0087 .0136
.0087 .0137
.0077 .19
They sold those 5000 to me. I have a much bigger order in, but they were trying to walk it down.
The problem right now is that there is minimal bid support. The MM's can walk this down on no money. If we could manage one or two strong buyers on the bid, it would negate these tactics. The ask is just as thin, but most interested traders have already taken a position. We need some momentum. Posting messages on IHUB helps, but we also need the PR promises to play out in a timely fashion. Once these thing happen, this should trend upward very quickly. This market cap is obscenely low. Something is gonna give in the near future. I'll continue to buy anything below .01.
If the company is sitting on any positive news, they should definitely PR it on Monday. Would hate to lose this positive momentum.
Huge upside. A/S lowered to 175 mil. This could be big.
AMSZ lookin good. UP 25%.
Hopefully news of the conference call comes this week. That would at least hold these levels. Then a positive conference could start the move upward.
AcuMedSpa Holdings, Inc. Announces Another Milestone, It Has Reacheda Preliminary Agreement to Purchase a Multiple Site Medical SpaPractice Projected to Generate Over $1,500,000.00 in 2010
Feb 1, 2010 07:00:45 (ET)
AVENTURA, FL, Feb 01, 2010 (MARKETWIRE via COMTEX) -- AcuMedSpa Holdings, Inc. (PINKSHEETS: AMSZ) announces another Milestone. It has reached a preliminary agreement with a multiple storefront medical spa business in the South Eastern United States.
AcuMedSpa expects it will complete the acquisition of the locations before the end of the 1st quarter of 2010. Revenue projections for these locations are conservatively expected to reach $1,500,000.00 and generate EBITDA of $250,000.00 for fiscal year 2010.
On January 6, 2010, AcuMedSpa announced an LOI with a separate target. That LOI was modified and the Due Diligence period was extended as our revision has taken longer than expected. We expect the closing of this target to occur on or before February 12, 2010.
As has been our position until this point, AcuMedSpa's management expects these acquisitions to close without any shareholder dilution.
Brian Sperber, President of AcuMedSpa, stated, "As we continue in the growth and acquisition phase of our business plan, we continue to search out business opportunities that will be immediately accretive for our company as well as expand our current footprint into new markets. Our mission to achieve $10,000,000.00 in revenue in 2010 and an EBITDA of over $2,000,000.00 is one step closer."
For further info please visit our website www.acumedspa.com
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and AcumedSpa Holdings. Inc takes no obligation to update such statements.
Contacts:
Brian Sperber
1-877-8ACUMED
SOURCE: AcuMedSpa Holdings Inc.
AcuMedSpa Holdings, Inc. Announces the Completion of Reduction of the Authorized Shares by 200,000,000 From 375,000,000 to 175,000,000, a Decrease of Over 55%
Jan 27, 2010 7:00:00 AM
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AVENTURA, FL -- (MARKET WIRE) -- 01/27/10 -- AcuMedSpa Holdings, Inc. (PINKSHEETS: AMSZ), in accordance with its vision to increase shareholder value and confidence, announces that it has completed its Authorized Share reduction from 375,000,000 to 175,000,000. The Outstanding Shares remain unchanged at 127,124,965. AcuMedSpa Holdings would like to reiterate its position that it intends to maintain and increase shareholder value.
AcuMedSpa is also planning on announcing a conference call within the next week. We intend on providing information for the conference call in an upcoming Press Release.
Brian Sperber, President of AcuMedSpa, stated, "This reduction reemphasizes the company's efforts to create shareholder confidence and trust. We do not project any major changes in the company's current share structure for the foreseeable future. We continue to take steps towards our goals for 2010 of $10,000,000.00 in Revenue and an EBITDA of $2,000,000.00. We are looking forward to many positive announcements in the near future."
For further info please visit our website www.acumedspa.com
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and AcuMedSpa Holdings, Inc. takes no obligation to update such statements.
Contacts:
Brian Sperber
305-746-9897
NEWS OUT.
AcuMedSpa Holdings, Inc. (PINKSHEETS: AMSZ), in accordance with its vision to increase shareholder value and confidence, announces that it has completed its Authorized Share reduction from 375,000,000 to 175,000,000. The Outstanding Shares remain unchanged at 127,124,965. AcuMedSpa Holdings would like to reiterate its position that it intends to maintain and increase shareholder value.
AcuMedSpa is also planning on announcing a conference call within the next week. We intend on providing information for the conference call in an upcoming Press Release.
Brian Sperber, President of AcuMedSpa, stated, "This reduction reemphasizes the company's efforts to create shareholder confidence and trust. We do not project any major changes in the company's current share structure for the foreseeable future. We continue to take steps towards our goals for 2010 of $10,000,000.00 in Revenue and an EBITDA of $2,000,000.00. We are looking forward to many positive announcements in the near future."
For further info please visit our website www.acumedspa.com
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and AcuMedSpa Holdings, Inc. takes no obligation to update such statements.
Contacts:
Brian Sperber
305-746-9897
Their is some selling, but so far it's only about $5000 worth.
That's what it is. Look at the previous company names on pinksheet.
This got shorted into the ground. Some covering finally happening.
The market cap on this is ridiculous. Wish I would have been man enough to load those .01's.
Wow. Sub-penny trades are going through.
Anything under .03 seems like a great buy. 3 cents would make the market cap 3.5 million which seems crazy low.
Are they buying back shares, or just retiring shares that the company already owns.
You need a new broker if you can't sell at below the bid.
Insider dumping? This stock has traded about $8,000 today. Are the indsiders buying a used F-150 pickup.