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I don't quite follow what you mean Mike. The SEC filings clearly state the effective date of the F/S to be tomorrow, Feb 15 and the PR released today stated that the actual split will take place on Feb 20 which is Sunday. No trading on Sunday obviously so the final day to cover prior to the split taking place would have to be Friday....or am I missing something?
LOL! Yeah, I just picked up another 1200 shares lol. Tiny buy I know, but it's the only powder I'm willing to free up. Once other funds clear tomorrow, I'll be adding much more. ...well, depending on how we close today and open tomorrow. Gotta find a good entry point with support.
I too noticed that and agree that it has got to be a typo. The question is this: is the typo in the word "decrease" where it should be "increase" or is the typo in that it should decrease from .001 to .0001????? Any thoughts on this one!?
Yes they will. That will mean they will have no coice but to cover by no later than Friday being that the F/S takes place on Sunday. Cannot wait to see that scramble! LOL!
I agree Robbie. I think we still have a lot of flippers here looking for the next big run....the next TSAS. I'm long and strong here too!
I believe that this had phenomenal potential as a very short term play with its monster run on Friday. Still has a ton of potential for a short term play this week. Still will be an excellent medium term play and as a long term play, imo we'll be going to Pluto and beyond!!! I already made a killing on Friday; made good money so far today; I'm riding all free shares at present and as soon as I have dry powder come tomorrow, I'll be accumulating more once I establish a good entry point. Today and possibly tomorrow will tell me what the point to add more will be. I'm playing this on all 3 terms:short, medium and long.
Patience. It's still lunch time even in EST and in TX, well, lunch time is just starting. Trading always slows down exponentially during lunch hours. Often times it comes to a screaching hault. Also, we're not even close to power hour yet. IMO, this will stil run up quite a bit today. Keep in mind that even though the PR was just a regugitation of what was in the SEC filings, it is official news of both a F/S AND a R/M!!! I believe the PR is still flying way under the radar at present. Yes, more PR....especially related to acquisitions of the two producing oil companies will launch this much higher, but imo, we still are far from seeing the full affect of the PR that was just released.
It's still lunch time. Everything always dies down during lunch time. Even on the massive run on Friday, this still slowed down quite a bit during lunch time. People gotta eat lol.
Composed, I called and you caled....twice. Anyone care to step up to the plate and give them a call? I would wait until after unch though. lol
And I'll add to that: PGI Energy - Pythagrus Group In... Investment banking firm. IMO they already have the money and the other shares will be leveraged to raise further capital. The owner of Pythgrus is who I spoke to on the phone and he is also the majority shareholder!!! All imo but imo it all adds up.
Excellent observation! Good work!
Wait now! You must be very careful here because now you're talking about treading into dangerous waters. If you ask when those acquisitions are to take place and they actually slip up and tel you, well, you are boardering on insider trading because then you have insider information that is not available in any SEC filings or PR's. BE VERY CAREFUL how you approace this if you choose to approach it at all. Personally, I would highly discourafe this.
Wowza is correct. The pps does go down but because you get all the extra shares, the value of your position remains the same....unless of course, as Mr. Wowza put it, "shit happens" lol
Who's got the popcorn!!?? LOL!!! IMO, the shorts wil try every dirty little trick in and not in the book to ty to drive the pps down via manipulation and scare tactics to shake off weak traders and newbs so they can cover for less. Hold tight to your shares and enjoy the ride!!! Shorts will likely wait to closer to EOD to cover in hopes they can scare more people off. All imo but experienced traders know exacly what I'm talking about.
Exactly! Which means they MUST cover before EOD today or they're SOL as the effective date of the F/S is tomorrow. LOL! Short squeeze here we come!!!!! Get ready to see the MM's scramble and manipulate the heck out of the B&A....but hang on tight because no matter what, they WILL cover before EOD or face having to pay 2 shares for every one share they shorted (borrowed - for you newbs out there)!!! And, because they shorted (borrowed), they do not even actualy have ANY shares so if they do NOT cover today, they will be FORCED to purchase all those extra shares LMAO!!! Scramble piggies, SCRAMBLE!!!!
LOL!!! Well, it would be rather unethical to not educate them on how a split actually works. That said,there is NO change in value of your shares....you simply get more because the F/S increases to total number of A/S (authorized shares) by, in this case, 3 to 1....simply meaning 3 times the pre split number of total A/S. The only change in value is the par value of the shares. Prior to the F/S, par value is at .001 pps; post F/S par value is .01 pps!
LOL! I'm aware of that! Haha! I typed that post prior to PR hitting the wire but had to step away from my desk for a few minutes. I came back, submitted it and then saw that the PR was already out lol. Oops haha!!! Congratulations to all the strong hands here who not only held on but also, who continued to accumulate during the pullback prior to the PR!!!! Now that this is on the wire, we should see a massive flood of new investors and the shorts are in BIG trouble!!!!!!! imHo LOL!!! Good work everyone!!!
Who said PR within an hour!? I spoke directly with Robert Gandy and he told me PR today and soon but "soon" is a loose term and could be any minute or a few hours away. Patience. It will be today. Well, unless of course the company gets held up by something for good reason. Feel free to contact Mr. Gandy yourself and if you wish, you may want to ask him exactly what time today they will be delivering the PR. Here's the number:
713-532-5649 and ask for Robert Gandy. I do however feel that the more we call, the more we take away from the time they need to dedicate to finalizing the PR and the longer it will take to hit the wire. Just my opinion.
I strongly disagree. The stock was already up over 18,000% when that information surfaced. Also, that ws an honest mistake, not an intentional pump. We still have not been able to make a direct tie between the two entities save for three (a tad bit speculative but pay attention to the facts here): BOTH companies have identicle business plans, BOTH companies are located in the same city in TX and the $100MM financing deal was done by Pythagros group, the owner of which is majority shareholder in TSAS. Even though they were two seperate corporate entities, they do seem to have an awful lot of paralelles, don't you think? imo
The Japanese company is receiving the shares in exchange for capital (money....ca$h). If they dump the shares tomorrow then they will likely lose a good portion of their investment. Why on earth would they do that? Seriously, use common sense here. Moreover, how in the world would they be able to dump 29million shares in a half a week let alone a single day? Common sense!
Actually, if you read the SEC filings then you will see that you will receive 2 shares for every one share you currently hold....not 3. The other 1/3rd of the post F/S shares are being held to be used as leverage for financing the growth of this company and future acquisitions. R/S (reverse splits) are what send folks scattering....not F/S. In most cases, a F/S actually adds to the value of your position so if you want that then you'll need to get in before the market closes today for tomorrow will be too late.
Ah, it doesn't scare me att all. ctually, I'm happy you postd your suggestion that all people here should contact their brokers to see how this will be handled. That is excelent advice and I feel everyone should take your advice! Thanks again!
Yes, you must buy in before EOD today to be eligable for the dividend (paid in shares as follows: 2 shares for every one share you acquire today). I know this is a 3 for 1 F/S but the aplit affects the total A/S, just just the shares we own. The other 1/3rd of the shares are added to the total. There is no debate. The effective date of the F/S is tomorrow, Feb 15. When the F/S itself wil actually tak place has not yet been announced. Likely it wil be in the PR today.
LOL! And what does that tell you!!??? ;)
The F/S is taking place to allow for more leveraged financing per th SEC filings. They are being given shares in exchange for money....extremely large sums of money. That is the type of work I used to do before becoming a full time trader (mergers and acquisitions via debt, equity, 3rd part private equity firms, private placements,etc.) and believe me when I tell you, if they were to fold their shares, they would lose their entire investent so it is not going to happen!!!
Yeah, Superhoops is good peeps! It was all just a joke. Also, bluebird told me why he was so negative here but it had nothing to do with the company itself or compensation to bash. I'll just leave it at that.
LOL! You must be with Scottrade or something, right? Wrong? Regardless, hope it doesn't take that long for any of us.
IMO, yes! That is so typical of how shorts cover. Short squeeze going into affect!!??? Sure appears that way imo!!!
That is your decision and yours alone. Look at all the DD all these hard working folks have already brought here and see if you can't find anything else. With concrete confirmation of PR to be released today.....confirmation from Robert Gandy....not some secratary.....well, imho, it would be crazy not to buy. If I were in your shoes I would be asking myself this: "at what point/price level do I buy today?" not, "should I buy today" but that's just my opinion. Again, it's your money and th decision is yours and yours alone. GLTY whatever you decide to do.
I agree 100% and also, I'm very happy to know that I was able to get Mr. Gandy himself on the phone. Says a lot of good about a company when the majority shareholder is willing to take the time to speak with one of the shareholders. He actually sounded surprised that I rushed him off the phone and not the other way around lol. I like transparency! This is the real deal here imho!!!
Ok, just got off the phone with Robert Gandy himself and he confirmed that yes, there will in fact be a detailed press release today!!!!! Now can we stop being scared here!!??? If you don't know who Robert Gandy is, he's majority shareholder of this company and the owner of Pythagoris Group who's handling all the financing for the company and the merger(s). WOOOHOOOOO!!!!! GOOOOO TSAS!!!!!
Nice WB lol! Keep that buying strong! Way to stay strong my man!
composed, please post the number here for me please. I want to call myself just to get a second opinion. I don't doubt you at all. I just feel that it would boost morale if I too could confirm your findings.
I agree. Unfortunately, I'm all out of dry powder at the moment. The more buying we can get here, the better imo. Also, if anyone absolutely must sel and just cannot take this psychologically and/or financially, please ALWAYS sell at the ask...not the bid or between as that will only drive the price down imo lol
Precisely! Why don't we do them an anti-favor and not give them the pleasure of covering cheap? lol I hope we have strong hands here. If so, this shake will be nothing but a little morning pullback and then up we go imo
Look at that ridiculous gap between the B&A lol....and if you look at level 2....strong buying. Keep your shirts on and hang on tight....this ride is a little bumpy for now but imo, this will reverse. jmo
Yes, that is correct.
I agree. Great observation! A little morning shake was to be expected. Level 2 looking pretty strong in favor of buy volume.
First of all, this is a very low floater which is evident by the fact that it did make a pullback on such low volume. I agree that there is a little MM shake down taking plae but it appears we have already begun to make a reversal. No need to panic imo. Level 2 looks great imo!
I do believe it could. Short sales and a little panic selling. We need to keep the buying pressure on and fill the gaps imho.