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they have not sold 210:
"VMS will have 210 VT3000 machines sold and operating by the end of 2007"
Yes, you can buy at the bid if it is the same as the ask price and there is not a spread and the dealer cannot make a profit. GOOGLE bid/ask
buddy i like ya a lot but you are so far off i wish you would just trust me, i am a finance student, just asked a professor who has his masters and doctorate degree in finance, and you just wrong but it is very hard to explain this to you over short text messages.
YOUR BUYS AND SELLS DONT GO THROUGH ANOTHER INVESTOR, IT GOES THROUGH THE DEALER.
no, you are not right??? I just asked one of my professors again, and you are still not right. The dealer does not make money on commisions!!! He makes money on the spread of the bid and the ask. The broker like etrade, scottrade, merril lynch etc makes money on the commission of the trade.
are you going to hit up the ilgy? honestly?
OMG people do not understand how the markets work. There is not a buyer for every seller!!!!! The dealer/market maker buys and sells the stock from individuals. He is acting as a middle man.
This is how it works, all the dealers (a list can be found under bany's company profile on the otcbb web site) buy stock from people who own it. It is bought at the BID price. Then when an inverstor wants to buy bany shares, the dealer has an accumulation of bany shares and sells those shares to the investor at the ASK price. that is how the dealer makes money and investors buy shares of stock in this market. It is not a straight trade, like i want 2,980,887 shares and someone says i want to sell that many shares, that would like never happen. The dealer has a number of shares and says "hey i can give you that many shares at THE ASK"
i dont see where it says it was a buy? Of course there was trading at .0009 because that was the bid, people sold at that price.
i don't see how you bought bany this mourning at .0009 when the ask was never that low. The bid was .0009, but i never saw the ask drop below .0010.
its not about the price man, it is about the bid and the ask. I stock trading at a bid of .0001 and an ask of .0002 goes up 100% everytime someone buys the stock after someone sold it. So like earlier today you could not consider the same bid and ask as being an increase in price, as hard as that may seem to understand. Just like if cnes or adot closes at .0001 and then the next trading day opens at .0002 just because someone bought the stock.
the bid and ask are the same as Friday afternoon i believe. You have to have a movement in the bid and the ask for a change in the price. All the green now means is that people have been buying it at .001, same as last close.
kind of frustrating that the news didn't move the price
I sure hope that bany is cash flow positive and we see it this week or next. I hope gelmon was telling you the truth.
ajw partners llc is a hedge fund, just figured that out(many of you probably already new that), they have been giving out lots of money for convertible debt at around 50% of the share price for many different companies. I saw a page on their return was around 200%. Could that be from the 50% conversion??? Interesting stuff when you dig deeper within Bany and the financing companies. Also I saw a company announce they were buying back the convertible debt(rcaa.ob). This could be a possibility of bany with the positive cash flows, you never know, but wishful thinking. Lets just hope if bany really does have the positive cash flows it will have a great impact on price here by this week or next. You have to think positive cash flows would launch the pps of bany. but to how high??? that is a good question. I would have to think that this is better news than the November news on bany having a positive ebit. So it should have more of an effect except the o/s is around 2 to 2.5 billion. So i don't know, maybe .0035 to to .005 might be expected or more.
you cant compare a pink with a bb buddy, two totally different listed companies
ok i did see the option part, they have an exercise price of .02. That is high as shit compared to the price now. what is the deal with the common shares, has the ownership increased to around 39 million? that is what i am thinking
hey buddy, I found the form 5 on the otcbb website. I read over it and have no clue what it is really saying. Does anyone here know or want to elaborate on the statement for me?
yeah, same here, i know you cant short those stocks on etrade. That makes me mad when all these average guys say that they make so much money shorting these stocks. It is a straight lie!! I think the mm and dealers can, but that is it.
I have a question for everyone here, i see people on other boards saying that they make all this money on shorting bany. Everytime they say that I ask them what brokerage account they use that allows them to short a sub penny otcbb stock. I don't think any institutions own bany and therefore no one can borrow bany shares to short them. I could be wrong, but i know i cant short bany or any other companies on the otcbb, especially sub pennies. if anyone knows of a discount brokerage account that allows this please let me know, thanks.
Can anyone confirm the rumor on the gelmon brothers exercising options?
yeah, you are right, I do need to stay focused on school. I never thought of investing in usxp, I was just interested in what people had to think. I think that is a terrible company. I have about 20 or 30 companies I watch everyday with news and the stock price reactions to that news. Most of the companies are otcbb and a few big ones for school with my speculative account like slb and xom for straddles and different options strategies. I am about ready to get out of bany on an upside and start trading options for real money.
Does anyone here know anything about who makes up our board of directors? As shareholders, we really need to do something, i mean honestly, it almost seems as if management is not being responsible and using this as a means to make money pretty much unethically.
Flats your email has been sent
we need a hostile takeover, our pps is way undervalued with its potential. The goal of management is to maximize shareholder wealth and this is not being done, i am tired of this shit.
thats what i thought, but i guess i am off, i really have trouble decifering what the filings say, more wishful hoping than anything
what is his email address, or where can i grab it?
where is that extension of a "couple of years"?
also,
Pursuant to a Registration Rights Agreement we agreed to file a registration statement to register on request by the Investors the shares underlying the Notes and Warrants. We have registered a total of 2,090,000,000 shares in accordance with the Registration Rights Agreement, and intend to register additional shares as soon as practicable. As of April 3, 2007, 24,590,598 shares that we have registered remain available.
yeah no problem, did you see that michael and cory are each pledging about 25 million of their own shares
I don't see anything good in the new filing in fact, if you look, now the minimum shares that will be converted is 4,000,000,000 and on the last one it was 3,100,000,000. What is the deal with that, even more dilution?
either it was an off day, or hopefully fingers crossed lol, it is over and the lender is holding off for a couple of years like gelmon told flats
do you guys think there is anything that could bring this stock up besides a R/S. I remember when this stock was trading at .005. Also I remember listening to Mr. Altomare or something like that on mn1.com. He seemed like a good guy.
Can you tell me where i can find out more on PPBL.OB. There wasn't much on yahoo finance, thanks
I see it but what are you pointing out?
Yeah, if bany becomes profiable, you just never know
yeah it is over and done, no worries. Class kind of sucks now, i graduate in like a month, may the 12th and I just want it to be done and over so I can get a job and start working in the industry.
I am here lol, I had to go to class and I was all pissed in the car about all of this. I didn't realize it was directed to someone else. I was replied to me and about the same time I joined the board. I assumed it was me. My bad, I just see all these other posters get nailed and i was not going to let that happen to me because i am not here to submit false statements and try to get the price up. Sorry ADA
if you dont like my presense here, i will leave, i could care less about this board, you are going to be scaring away more and more people by acting like this and assuming everyone is here for some bad reason
squeal and run?????? what are you talking about
I am lost on what you guys are talking about, I am just a senior in college and have an interest in bany because i own shares, I have no affiliation but with myself! For you guys to be saying something liek that is absurd
The part on a european investment bank is very interesting, what could they be using thier services for? Possible buyouts and/or mergers and acquistions. I don't know enough about investment banking, but those are some of the possible things they could be using it for. Maybe the financing as well like you mentioned earlier.