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Good point! I like the way you think! The merger was scheduled to be finalized in Febuary. I imagine the reason for the delay is that the Seawind financials had not yet been finished being audited. I do believe that the merger imo is either complete or just about complete. If my opinion is correct then yes, no need for concern in this matter at all. PSPW!!!
Because, if they truly plan to uplist to NASDAQ then why risk being down listed from OTCBB for not becoming fully reporting? Seems like a step backwards, don't ya think? I don't know how long they have to fix this before they would get down listed, and I would love to hear from someone who knows exactly the timeframe, but this is the one thing that has been of concern to me from the get go......and to see it not taken care of yet in an SEC filing.....AND the mention in the 10K that if it is not taken care of soon, PSPW WILL be down listed, well, it seems to me they would want to do something about it.
Want everyone's opinion on this.... I P/M'd Schekin about this early this morning and he/she suggested I get the opinions of the rest of the PSPW board. All opinions are greatly appreciated and will be of benefit to all of us here.
Ok, I'm certain you have all read through the 10K released on Friday. I know we should not concern ourselves with much in that 10K as a lot has changed from the period it covers. However, at the time that 10K was filed on Friday, PSPW is STILL on voluntary reporting/limited info status which if not changed soon, WILL cause the company to be down listed off the OTCBB. That imo will bring the pps crashing down if it happens.
I have not yet formed any sort of solid opinion on this matter, but my concern is this: If a company is looking to uplist to the NASDAQ and is currently trading on the highest level of OTC (BB), why would they still keep themselves on a voluntary reporting status? Seems extremely odd, especially considering the anticipated merger with Seawind AND the fact that the company has been pretty damn transparent thus far.
I would love to hear all of your thoughts on this matter. Believe me, I've been in PSPW (since .145) for far longer than I've ever been in any OTC stock - much longer than I ever dreamed I'd stick around on one OTC stock - and I remain mostly positive. However, it came as a huge surprise and shock to me when I read the 10K and saw they had still not gone to full reporting status. I was certain that they would have taken care of that by now.
I'm not too concerned with this and will remain that way unless PSPW gets down listed for not becoming a fully reporting public company. I thank you all in advance for your anticipated time and opinions regarding this matter.
WAKEY WAKEY!!!!!! NITE moved LOL! Now AUTO is sitting on the ask with NITE right below....but they upticked the sell "back" to .6
I agree! We dipped for a moment below the .58 support of the 50DMA but popped right back up and that support appears to be holding up quite well!
PSPW!!!
Yes, Windchime but wasn't Salad too? ....or so I read.
Hey now! I care! I just adore my Porgie! Can't ya see he's looking out for my best interest!? LMAO!!!! :-p
Oh Porgie, you bring a tear to my eye! I'm simply touched by your sudden concern for my financial well being! You are truly a saint amongst saints! BTW, don't think a lot of folks here would agree with you referring to the way I've played this stock as "long and strong." We had a little debate going on about that yesterday. LOL! I'm only long and strong at .145 All the rest have been freebies! How is a flipper "long and strong?" 50% long and strong! Other 50% flip, flip, flip away!!!
Now Porgie, Porgie, Porgie! You know I can't disclose that information to a Porgie! LoL! j/k bud. I have flipped half my position many times to add more shares. Vast majority of my shares are FREE! I'm VERY green unless we fall below low teens.....and even then still green because of all of the FREE shares!
....and no, never have all my eggs in one basket.
LMAO! PSPW is WINNING! WINNING!! WINNING!!! "What's not to love!?" LOL!
Awwwwwwwe, but Porgie!!!! I've been here since low teens....for nearly 3 months and I'm still WINNING!!!! IMO, the DD tells the story, not the typical fundamental approach to stinky pinkys....which IMVHO, PSPW is NOT!
LMAO!!!!!!!!! Yup! That had to be a painful one! Haha! Thanks for the laugh! Should we toss 'em a donut? LOL! How 'bout a PSPW!!??
Yay! Porgie is here! Shake that tree Porgie....shake it long and hard.....although I highly doubt anyone will pay much attention....well, other than sarcastic word play just for fun!!! PSPW is STRONG and I'm thrilled about this pullback! Another opportunity to load!!!
LOL! Is that sarcasm I'm seeing there? "Why yes it is! I am laying it on pretty thick!" LOL!!! IMO, this is no monster runner. Simply a strong company with a very bright future. IMO, we needed a healthy consolidation......and I needed more cheap shares!
Nope! Per the 8K it was either attend in person or submit a proxy vote. Nothing mentioned about a CC option.
Woops, misread your post LOL! Need more coffee! Yeah, it would be oh so nice if they left but imo, they're not going anywhere.....for a loooooong time!
Regardless of volume, pps has held up very well all things considered! Strong hands here! Go PSPW!!! ...and bid whakaz, thx for the cheapies! Give me some more! LOL!!!
Agreed and pretty much exactly what I said in post #18652 LOL! Cannot wait to see what today will bring! 10 min to lift off!!! Go PSPW!!!!
I disagree but ok. I do agree that big news is a catalyst and when a catalyst is introduced, well, it changes everything. lol. If good news had been released, yes, the chart would have been misleading, but that's always the case: OTC's and big boards. Let's just agree to disagree
LOL! Funny thing is that you and I are both on the same page. I agree with everything you just said and share your opinion 100%! The only thing I was saying is that the chart CLEARLY indicated this pull back in pps 2 days ago and hinted at it 3 days ago. Every stock is going to have a great deal of technical players and they're going to play the chart and the chart alone. I was merely tying to explain why, imho, the pps has been coming down when there have been absolutely no new developments.....and stating that the chart clearly showed this was going to happen days ago....so if people were watching the charts, they would not at all be surprised by the price action of the last few days.....and they wouldn't be surprised by the 8k filed today.
Well, you're certainly entitled to your opinion. However, take a closer look at the chart and look where the pps started coming down. I'm looking at a number of different time frames and they're all saying the same thing. The SAR and BB sitting on top of the price; MACD flipped negative on the 5 min. daily chart yesterday; RSI (14) on daily 5 min. chart fell below 50 3 days ago.....and the kicker for most technical players, the pps fell below the 200DMA. How then does the chart have FA to do with this? Please do clarify as I would like to hear your opinion on this.
LMAO!!! Very well stated!!! I agree, the speculation is ridiculous and needs to stop....mostly for the sake of the speculators. lol. 99.999999999% of the time the chart always knows what's coming before we do. I wonder how many folks are actually reading the charts as opposed to how many people are merely speculating and in doing so, getting and creating unrealistic expectations that will only lead to disappointment for them.....and those stupid (sorry) enough to listen to them. The chart told the entire story yesterday. I can only assume that those who are disappointed aren't reading or cannot read the charts......or don't believe in charts LMAO!
AAAAHHH!!! Your "eye" scares me! LOL! j/k. IMO, just people playing the chart. No significant developments and no announcements during market hours. New 8k released but just to update shareholders on the fact that the "special meeting" is simply to officially appoint Toby Durrant as a director.
Hmmm.....
Don't know why so many are making a big deal out of where the meeting is being held. It's not like it's some "special" place that's anything new. Check this out:
LOL! Pretty much what I expected. This company has been very silent and by the book from the get go which, imo, is a VERY good sign! No fluff, just facts! Wish there were a lot more companies like this trading on the OTC!!!
LOL!!! Glad you enjoyed it! It's been a bit of a rough 2 days leading up to the "Special Meeting" so I figured everyone could use a little cheering up! It's interesting to see all the bid whacking taking place today but imo, that spells "good" for what's to come. However, I have zero expectations about the meeting and imo, so should everyone else. Just hoping for the best and prepared for the worst. IMO, just a lot of "tree shaking" taking place these last couple days. I'm extremely positive on this stock and imo, regardless of what the meeting holds, we still have a VERY bright future with this company! Go PSPW and thanks for all the cheapies yesterday and today!!!!
p.s. check your mail!
No prob. I thought it was a rather ridiculous debate getting under way and was taking us off topic of PSPW. Hopefully it will not continue but who knows. PSPW is a STRONG company imo and I certainly do not foresee any "bag holders" here at any time. However, I've seen it happen far too often where everyone is "claiming" to "all be in this together" and ALL be "long and strong" But, when it comes time to sell, well, their "loyalty" goes into a sell order just like all their shares and a lot of newbies (no pun intended) get stuck holding the bag wondering where all their "friends" went. LOL! IMO, what you are doing is VERY wise and holds a valuable lesson to many folks here and elsewhere! Go PSPW!!!!
All just in my very humble, idiotic opinion. LOL!!!
Had to edit the message to add this. IMO, EVERYONE should watch this:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61665543
Ah, who cares! LOL! When I began buying shares at .145, I bought up $5K worth. When I saw the pps was looking to break out, I added another $5K. I locked up my "long and strong" position, or "steel shares" as I like to call them in a sell order as high as my broker would allow. I used the other 50% of my position to flip and add to my "steel shares" and lock them up in my sell order as well....and raise the price of my sell order. So, I guess by definition I'm "long and strong" $5K and a flipper with the rest. IMO, anyone NOT taking advantage of the opportunity to add more free shares and thus, lock up more of the float is not trading as wisely as they could be. Just my humble opinion.
Ooooh, I just may catch some heat for this post. LOL!!!
You had to be a shareholder of record by April 1 to have voting rights at the "Special Meeting" per the last 8k. Doesn't matter though because the 8k clearly states that the company is not soliciting proxy votes because the majority shareholder (Rudana) will trump all other shareholder votes anyhow.
Perfectly understandable. Just thought Narnia's comment was funny. I did the same thing (in the .20's) when we were having several days where the pps would run up 5% - 10% and then retreat back down to flat. I got quite a nice addition to my position. However, I never sold more than half my position to do it....and....the last time I did it, well, the pps never came back down and I had to chase a little LOL. Been here since .145 and completely get what you're doing. Just be careful imo!
Oh I know, right? I had something kinda similar yesterday. Had a buy order set at .80 and after they let it sit for 20 min, and even though the ask was still .80, they went and filled it at .77 taking the pps down in the process. Gotta love it.....LoL
LMAO!!! Good point!
Yeah, definitely some manipulation going on here. I had the same thing happen with quite a few buys yesterday. What gives? LOL!
UBSS still sitting at .75. Don't think he's bored....he seems to like it there. LOL.
Yeah, uncheck the AON and allow them to do partial fills. It will not only fill your order faster, but also, just may uptick the pps imo.
LOL!!! At least we're on the same page.
Yes! Just no specifics without a PR first.
I don't think that's what Proto is saying. We as share holders will have a great opportunity to ask questions at the metting. However, some questions will not be able to be fully answered if the info wasn't PR'd first. Same thing goes with announcements. IMO, the meeting holds more signifcance than simply announcing Durrant and a Q&A for share holders. However, I'm not going to speculate on anything as I have no specific expectations or hopes.
Agreed! No one should expect anything and if thee is something that developes, we should all simply look at it as a gift. If nothing, perhaps we can grab up even cheaper shares!!! I have zero expectations, but still grabbing some cheapies yesterday and today just in case LOL! Been here since .145 and adding all the way up on every dip so nothing will sway me to cut and run LOL.