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Good riddance to whoever that loser was.
Aye.. yeah you talked him into moving up to 0.003
Absolutely. Weaklings: sell it all now.
Market order if you want, we do not care.
Someone trying to give their shares away at 0.09 despite the bidders playing leap-frog on the Bid side.
Only reason they're playing that game is because of novices trying to give shares away. They're banking on the dummy just selling to them on a market order.
Tl;dr:
Some investors need to grow a spine.
Goddamn right about that.
drivenbypain:
Short report is IN!!!!
Date VolShorted High Low Close Chg ShortVol RegularVol
May 09 31.63% NA NA NA NA 23,112,119 73,061,119
Edit: Thank you, Blue, got it moments before your PM.
I literally laughed out loud. Thanks.
Try reading my other posts if you want to understand why I laughed.
Possibility = super low: ~ 1% chance
Truth called: he said "It is a possibility."
Reality called: he said "No."
FNMA weekly trend says run to $1.10 then $1.00 to $1.10 close for tomorrow
Reality called: he said "No."
Not after-hours they're "Form T" trades.
http://www.investopedia.com/terms/f/formt.asp
Definition of 'Form T'
A form that FINRA requires brokers to use for reporting equity trades executed outside of normal market hours. Form T trades occur during extended hours - before the market opens and after it closes. The objective of the Form T reports is to maintain market transparency and integrity.
Investopedia explains 'Form T'
Trading in extended hours enables investors to react quickly to events that typically occur outside regular market hours, such as earnings reports. However, liquidity may be constrained during such Form T trading, resulting in wide bid-ask spreads. Form T trading is especially suited for overseas investors, since they may conduct the bulk of their U.S. trading when their markets are open but U.S. markets are closed.
The growing popularity of electronic communication networks means that Form T trading is bound to continue increasing.
I can't wait to see the short report!
Admittedly, things ended worse today than I had predicted (I said 0.92, before midday, as what I thought was a generous EOD price). I expect the HOD to be reached early on a gap up tomorrow morning followed by a gradual decline in volume and therefore a price drop to end the day with. There is a possibility that the pattern will be broken but I'd say it's unlikely at best.
I'd like to point something out for everyone:
Investor confidence was partially shattered today. I say partially because not everyone was expecting this Q1 report to take the stock to dollar-land. Regardless, I believe we will see the 70s before the next news - from whatever source. On the other hand, those who weren't disappointed today, and likely made money by flipping near 1$, are keen on the fact that it will take a political-based news event to make or break this baby. If you think that is coming, buckle up, this rollercoaster was restarted today. Day traders up the ying-yang for the weeks to come.
Word, our day will come. Plenty of interest in this field which will be recognized on a massive scale one day.
I suspect Samsung can use this tech for their "smart TVs" and not just for the mobile phones. Soon, I can see this tech controlling nearly everything that has a micro-controller in it.
I appreciate your PM. I will continue to do my best.
Here comes the big recovery into close, restoring investor confidence for a gap and trap tomorrow morning.
That is my belief. Volume should certainly come when Mark Ashley as CEO is official.
Other news about funding and joint ventures and stuff will just add fuel to the fire.
The retailers on ASK side are too funny.
Giving away their shares over less than 60K volume in the 0.08s - hardly even a dip let alone a reason to undervalue your shares.
I don't think this will break a dollar until the fate of F and F are definitively determined by policy-makers - or at least until there is a more likely outcome to suspect. After news of their fate, F and F will both shoot either up or down - I've read every post and every article for several months now and I'm certainly inclined to think the direction will be up.
Many will lose confidence after seeing FNMA bump her head on the ceiling in place - this is the same thing that happened last time. I'm hoping to buy-in around mid-70s but, I will say, my price target seems very optimistic now that this has the attention of some big players who will likely be gobbling up shares. At least, if I can't get them so cheap, their interest will also generate more political friction to release this monster.
I hope some of you took profits at high 90s.. there is a great amount of resistance to breaking the dollar. I believe that any runs up to near the dollar will be used by the MMs, shorters, and day-traders to churn shares for profit in the interim.
TL;DR: FNMA and her brother are in purgatory, making up for their past sins, before the gates of heaven/hell will open to accept them.
Edit: Although it's early, I see this closing today around 0.92 GLTA
Sell now so you don't mess up our run later.
Wow. First ~million shares was almost entirely sells
The moment this technology becomes more widely known-about is the moment companies like VOIS have a P/E ratio similar to that of 3-d printing.
I am not sure it will get there before being acquired by some big players, and I will not complain when that happens.
Whichever works better, TBH
Fortunately, we already know there are many interested parties when it comes to VOIS' patents.
Revenues? No, not yet.
But I'm not personally very concerned with revenues of VOIS.
Although they are welcome, I am looking for some mobile-phone-producing company to come along and scoop them up.
Based on the fact that Apple and Samsung have gone to war with over $1 billion at stake over something as simple as a way to zoom-in or the appearance of the rounded edges on an icon, I believe either company might seek VOIS as a quick, easy, and CHEAP way to get ahead of the competition in this new industry.
Samsung has already expressed interest in this kind of technology and the government has as well. I will not be surprised to see them throw 35mil (chump change) or more to own the patents and software VOIS has.
It is almost certainly worth more when combined to what VOIS already has to offer.
What's the deal with this? How does MTEK stock continue to exist if it was purchased by VOIS?
Note: Those 30 million shares will not be part of the public float for at minimum 6 months.
The special dividend is not a share exchange, and each stockholder receiving VOIS Inc. shares pursuant to this special in-kind dividend will continue to own the shares of MTEK currently held. The VOIS Inc. shares distributed pursuant to the special dividend are not registered, and may not be sold, transferred or assigned unless held for six months in accordance with Rule 144 under the Securities Act of 1933, as amended.
My interpretation of today's news:
1) From 8-K: VOIS acquired MTEK for 30 million shares with a par value of 0.003 per share. This was done because a third party determined MTEK to be worth $90,000.00 dollars.
2) MTEK PR: MTEK is issuing 1 share of the 30,000,000 VOIS shares they have to each person with 12 shares of MTEK. Effectively this means that if you owned 120 shares of MTEK, you will own 10 shares of VOIS.
Correct me if I'm wrong but this seems rather simple to me.
Last trade was 100shares... 40cents of red paint
Trying to spur selling to pick up shares before big news drops?
Form 8-K for VOIS INC.
7-May-2013
Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities, Fin
Item 1.01 Entry into a Material Definitive Agreement.
On April 30, 2013, VOIS Inc. (the "Company") entered into an Asset Purchase Agreement (the "Purchase Agreement") with Mind Technologies, Inc. ("Mind Technologies") whereby the Company acquired substantially all of the assets of Mind Technologies in exchange for the issuance of 30,000,000 shares of the Company's restricted common stock. The parties engaged an independent accounting firm to value the assets of Mind Technologies, and the shares issued to Mind Technologies were based on a purchase price of $90,000, with the shares issuable based on the closing ask price of the Company's common stock on April 30, 2013 of $0.003 per share.
Specifically, the Company acquired from Mind Technologies all assets, property, rights and interests of Mind Technologies that used in the operation of its business, consisting of three thought-controlled software applications named Mind Mouse, Master Mind and Think-Tac-Toe. These purchased assets constitute neural processing software for thought-controlled technologies, allowing the user to interact with computers, gaming devices and other machines through the power of the mind. Included in the purchase is all of Mind Technologies' inventory, fixed assets, intellectual property and an assignment of rights and assumption of obligations under Mind Technologies' existing contracts.
The foregoing summary description of the terms of the Purchase Agreement may not contain all information that is of interest to the reader. For further information regarding the terms of the Purchase Agreement, this reference is made to such agreement, which is filed hereto as Exhibit 10.1, and is incorporated herein by this reference.
Item 3.02 Unregistered Sales of Equity Securities.
The information provided in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02.
Exemption From Registration. The shares of Common Stock referenced herein were issued in reliance upon the exemption from securities registration afforded by the provisions of Section 4(2) of the Securities Act of 1933, as amended, ("Securities Act"), and/or Regulation D, as promulgated by the U.S. Securities and Exchange Commission under the Securities Act, based upon the following: (a) each of the persons to whom the shares of Common Stock were issued (each such person, an "Investor") confirmed to the Company that it or he is an "accredited investor," as defined in Rule 501 of Regulation D promulgated under the Securities Act and has such background, education and experience in financial and business matters as to be able to evaluate the merits and risks of an investment in the securities, (b) there was no public offering or general solicitation with respect to the offering of such shares, (c) each Investor was provided with certain disclosure materials and all other information requested with respect to the Company, (d) each Investor acknowledged that all securities being purchased were being purchased for investment intent and were "restricted securities" for purposes of the Securities Act, and agreed to transfer such securities only in a transaction registered under the Securities Act or exempt from registration under the Securities Act and (e) a legend has been, or will be, placed on the certificates representing each such security stating that it was restricted and could only be transferred if subsequently registered under the Securities Act or transferred in a transaction exempt from registration under the Securities Act.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
10.1 Asset Purchase Agreement, dated as of April 30, 2013, by and among VOIS Inc. and Mind Technologies, Inc.
http://biz.yahoo.com/e/130507/vois8-k.html
http://biz.yahoo.com/e/130507/vois8-k.html
Very happy with +5% today. Will be doubling my position here some time this week when funds clear.
Can you tell them to start the show, please?
Where is my 10-K?
ETRF's ~10 mil ask is GONE.. for now he's at .59
Patience. 2 weeks til we are golden, IMO. It will likely rise before then and the volume will jump after the annoucement we're all waiting for.
Just wait until all of Mark Ashley's friends, colleagues, and followers catch wind of his newest project for less than a dime. I presume their recognition will come in the order stated.
I'm just trying to imagine the detail of the $200million funding agreement. I hope we aren't diluted with +4billion shares at 5cents each.
Thank you for your posts, QImperator.
I had to modify the article you posted to make it sticky-worthy, all credit to you though. If you re-post with the article and maybe some of your ideas I'd be happy to replace the sticky I made.
Q&A: What Watt Would Do as Fannie Mae’s Regulator
http://blogs.wsj.com/developments/2013/05/02/qa-what-watt-would-do-as-fannie-maes-regulator/
President Barack Obama said on Wednesday he would name Rep. Mel Watt, a North Carolina Democrat, to lead the regulatory agency that controls Fannie Mae FNMA -0.97% and Freddie Mac FMCC +0.12%.
In an interview on Thursday, Mr. Watt offered few specifics about how he would lead the agency. On the politically charged issue of allowing Fannie and Freddie to modify mortgages by cutting loan balances, Mr. Watt said it was too soon to tell if he would revisit the decision of the Federal Housing Finance Agency’s acting director, Edward DeMarco, against permitting such write-downs.
What follows is an edited and condensed version of the interview:
WSJ: What would be the biggest difference between having you in that position and Mr. DeMarco?
Mr. Watt: I don’t know that I can answer that—perhaps none. I won’t know the answer until I get over there and get access to information… I don’t know that any decisions that I would make would be different from the ones that he has made.
WSJ: What should be the mission of the FHFA, and how would you measure success in achieving those goals?
Mr. Watt: I’m not sure I can answer that question, either. Obviously, the mission of the FHFA—the primary mission is to safeguard what is already there and, secondarily, to be a resource for people who are trying to work [towards] what the future will bring. But again, I think we may be putting the cart before the horse to start having me speculating about what I would be doing to advance those two things.
WSJ: What do you think are the most important issues facing the FHFA and the broader housing-finance space right now?
Mr. Watt: I don’t think I can answer that question…Obviously, I am aware as a result of being on the financial services committee and the whole series of … hearings we’ve had [that] there are challenges. We want to transfer as much of this back to the private sector as the private sector can take—and without an explicit or implicit government guarantee. But there are constraints to doing that, and we have to be very careful about how we do it. Those are challenges; safeguarding what we are already into is probably the primary challenge. How you do both of those things—I’m really not in a position to comment on at this point.
WSJ: For refusing to permit principal write-downs, Mr. DeMarco has faced a storm of criticism from the left, including many people who are supporting you in your upcoming confirmation hearing. Should that decision be revisited?
Mr. Watt: I can’t answer that question either. Again, I don’t have access to the information that Acting Director DeMarco has had. I don’t know what the timing would be of when I would get over there. It might be an issue whose time has already passed. And there may be information that would lead me to the same conclusion that they have already reached, if the issue is still a timely issue to consider. I don’t know how I would come down on that. The fact that I have expressed myself as a member of Congress shouldn’t be taken as an indication that I would necessarily reach the same position in a position where I was regulating the two entities….
WSJ: As congressman you supported principal write-downs, but you’re saying you might approach the issue differently as the agency’s director?
Mr. Watt: I was in a different position at that time. I was a member of Congress advocating for a different constituency with a different set of responsibilities. My responsibility as a director would be to evaluate all of the information and make a sound decision. It could very well lead me to the same conclusion that the existing acting director has reached. Again, we don’t even know the issue will continue to be timely.
WSJ: You may have seen the reports that protestors, upset over the decision, camped out at Mr. DeMarco’s home in Maryland. Do you feel pressure to support principal write-downs?
Mr. Watt: No. I wouldn’t. People camp out at my office sometimes—I’ve been through that before. You try to make a good public policy decision, and I think I have a strong reputation for doing exactly that regardless of what the pressures are.
WSJ: One criticism that was made yesterday by some Senate Republicans is that you did too little to push for tighter regulation of Fannie Mae and Freddie Mac—that when it came to the GSEs, you were too comfortable with the status quo. Sen. Bob Corker said putting you in charge of the FHFA would be like having the fox guard the henhouse. What would you say to those critics?
Mr. Watt: I wouldn’t say anything to the critics. I think there are sufficient answers to all of those things, but I’m not getting into a public debate [right now] with anyone with this. I’m looking forward to going to sit with Sen. Corker…. I can understand how he would raise those concerns. If I were in his position, I might be expressing the same concerns. I will encourage him to look at my record and if he does, I’m sure he’ll find that I was the first person in Congress to file an anti-predatory lending bill. It was four to six years before the financial services meltdown. We actually got to about the same place in Dodd-Frank that the first bill was advocating for…We’ll have that conversation with Sen. Corker and with all the members of the committee. I certainly am not trying to debate that in the newspaper.
WSJ: Given that you are the president’s nominee for this job, what kind of relationship do you expect to have with the White House and the Treasury?
Mr. Watt: This is an independent agency. I expect it to be treated as an independent agency. I expect the director to act as an independent agent. But the statute does say the president has the prerogative to nominate, and he has done that.
WSJ: What are the most important components for any overhaul of the housing-finance market?
Mr. Watt: I can’t comment on that….
WSJ: Should Fannie and Freddie be wound down?
Mr. Watt: There is general—almost unanimous—consensus that we should move as much as this back into the private sector as quickly as can be done. There’s virtual unanimity.
WSJ: It’s not clear that Congress or the White House is going to address the future of Fannie and Freddie any time soon. To the extent that the current holding pattern continues, what sort of steps do you think the FHFA should take for that interim period, however long it lasts?
Mr. Watt: Whatever responsibilities Congress sees fit to the FHFA, we have to play them out in a responsible way. But I don’t think it’s my role to be defining what those responsibilities are.
Excellent news today with more excellent news to come.
The future here is absolutely brilliant and those of us here are on the ground floor.
My only wish is that I had more powder to throw into this cannon.
Why is VFIN on the ASK?
...aaaaand they're back
Looks like ETRF has moved his ~10mil off the ask
Super thin ASK
OH, right on. I thought you meant something far more specific.
Here I was looking at historical prices trying to find the exact peaks.. silly me. I see what you mean though.
Good find, I have personally not heard of the promoter/site til now.
Can you explain to me how you determined this?
"...moves of 40%, 65% and even over 200% in recent weeks!"
--http://www.stockhideout.com/stock/todays-hot-stock-alert/ready-for-my-next-penny-alert/
...[VOIS] has seen those nearly exact % moves.
Such a thin ASK...
This was not "news". We all knew this information. This was just a way to get more eyes on the prize and therefore, more retailers are holding shares and decreasing the float as they hold them looking for gains with a cost-basis in the 3s range. I'm happy to see the volume up and I'm sure there's more to come but our 3 last runs were on higher volume. There were several other promos running today as well..
I'm almost glad to see such fear today, it's a buy signal isn't it?
You guys do what you want but as far as I'm concerned, this is a high-tech company on the forefront of an advanced new method for humans to interact with computers and that being said - I believe that this has potential; it will someday be worth a lot more if it has the opportunity to grow larger before being bought out (and if it is I will not be complaining). Don't they have a patent on the intellectual property (software) to control a computer pointer using EEG signals?
My additional thoughts in bold:
What are you people talking about ? Simple case of 'Sell The News' stupidity. It was expected news of an acquisition that we all knew about.
Remember, you can always sell your shares at the market. I know a plethora of investors who find this love muffin very attractive in the low 2's
Commence with the selling comrades.... thanks