is...buyin the dip
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and if they are buying back to lock the float and prevent a horrible dump then this is gonna go crazy...
especially if Airtona has ridiculous sales numbers...
I suppose there is no way to know the sales figures yet... The first form to file will be an 8K, current report, and that will have everything in it... boy oh boy.... if we get an 8k before the bell on monday... i'm gonna be bouncin off the ceiling!
One way the acquiring or surviving company can safeguard against the "dump" after the takeover is consummated is by requiring a lockup on the shares owned by the group from which they are purchasing the public shell. Other shareholders that have held stock as investors in the company being acquired pose no threat in a dump scenario because the number of shares they hold is not significant.
CCRY is going private aren't they...
It sure is.. I'd like to know what that something is lol
Ohhhh yeaahhhh I guess I just wanna see some financials ya know...
I know they don't have to report anything but is there a time frame when that non reporting phase expires?
Nnniiiiicccceeeee.... Plus who knows what's going on with all of the shares being accumulated!! Buyback?!
Hopefully we can find out soon lol
I'm supposed to head to Nigeria for work soon and I don't like to leave open positions in penny land when I go offshore for work lol
That must have been nice lol
Yeah the chart is speaking on CCRY, money coming in, accumulation and getting stronger....
Not doubting your record at all... I actually already have you member marked lol
Just a little curious about what the CEO actually said... I emailed the investor relations and their info email and haven't received any response... So that's why I'm curious
Float is around 350M
Yeah I can see pennies with the DD and I can't see uplist until after the year is up with no RS..... Unless Airtrona is buying up alllllll of these shares...
Us iHubbers prolly make up about 50M shares.. max... I have 1.7M I've accumulated and i see others have a few million as well
So either everyone is flippin heavy, shorts are coverin big chunks, or the company is buyin back shares
Well I'm not being rude I'm just simply asking.. There's a lot of confidence/knowledge over there on the fundamental side that only GM seems to be privy too... Just sayin...
Again not being rude... Usually when people start sayin they know what the CEO is doing is when I look to start flippin.. Just sayin
How do you know so much about what the CEO has in store for investors?
just wishful thinking
$CCRY is about to explode!!!! check the chart $$$$!!!! MACD crossed, RSI strong, MFI through the roof,..
and to top it all off.. just closed above a huge resistance of the 50SMA... getting ready to explode... float is getting locked tight! Moved the same % gains as Monday with half the volume!!!!
$CCRY is about to explode!!!! check the chart $$$$!!!! MACD crossed, RSI strong, MFI through the roof,..
and to top it all off.. just closed above a huge resistance of the 50SMA... getting ready to explode... float is getting locked tight! Moved the same % gains as Monday with half the volume!!!!
$CCRY is about to explode!!!! check the chart $$$$!!!! MACD crossed, RSI strong, MFI through the roof,..
and to top it all off.. just closed above a huge resistance of the 50SMA... getting ready to explode... float is getting locked tight! Moved the same % gains as Monday with half the volume!!!!
$CCRY is about to explode!!!! check the chart $Runners!!!! MACD crossed, RSI strong, MFI through the roof,..
and to top it all off.. just closed above a huge resistance of the 50SMA... getting ready to explode... float is getting locked tight! Moved the same % gains as Monday with half the volume!!!!
BMSN by only 15 reads
2nd most read board.. On a saturday!!!
Do you have any insight to their sales figures?
If $CCRY is money runners next play for next week it WILL explode...
I feel like it could be with the price action and a close just above the 50MA with all indicators looking good...
Just on the technical side alone we have a BEAST here!!!'
pleasantly ironic!!!
$CCRY !!!!!!!!!!!!!!!
only a couple million a day.. if that the first time 20M volume was broken was January 2, 2013
The volume during the time of the HUGE run up and down does not reflect anything close to the amount of shares that were issued to acquire the 2 companies..
and from what I can gather.. if they issued shares to acquire these companies with no par value attached them who knows.. how much those companies are actually worth...
anyone please jump in and correct me if i'm wrong..
lets use Airtonas merger agreement since i cant find any info or products for the other acquired company..
150,000,000 shares for Airtona. what is Airtronas value? what does the cash flow look like? is it positive?
lets say they put a value on Airtona when they acquired it and said it is legitimately worth only $1M ... then 150,000,000 shares to acquire would equal a PPS of .0067
Airtrona worth $2M? that would equal PPS of .013
$3M = PPS of .02
and so on.. so when I see that shares were issued with no value attached them I have to discern for myself what I think the value of the company is then figure where that would properly put the PPS
So the question remains... CCRY acquired both of these companies what is the total value of this new entity? and where will that put the PPS...
From what I can see based on that link i provided and from where Pimpin's awesome DD Sticky takes us....is this..
26 November 2012
150,000,000 shares x2 for acquistions
03 December 2012
352,250,000 shares of common stock EXCLUDING NOMINEES AND BROKERS
(of this number 292,500,000 shares owned by 2 execs = 83.04%
that gives us a 59,750,000 float without the acquisition shares.. add those and we have a 359,750,000 share float(as Apollopenny mentions here http://investorshub.advfn.com/boards/read_msg.aspx?message_id=85491522
which has traded hands at least once this last week.. on top of that looking at the same % gains, with less volume leads me to believe the float is being locked up either buy a ton of retailers or someone who is in the know.. and IF we can get another 200M volume day in the right direction.. this is going to EXXXPPPLLLOOOOODDDDDEEEEEE
sorry for the length just my 2cents :)
Pursuant to the AirTrona Merger Agreement, the Company acquired AirTrona by the issuance of a total of 150,000,000
shares of the Company’s common stock. Pursuant to the 7319291 Canada Merger Agreement, the Company acquired
7319291 Canada by the issuance of a total of 150,000,000 shares of the Company’s common stock. The Company was
the surviving corporation in each such transaction, with the separate existence of each of AirTrona and 7319291 Canada
ceasing.
In determining the number of shares of Company common stock to be issued under the Merger Agreements, the
Company’s Board of Directors did not employ any standard valuation formula or any other standard measure of value.
CCRY bought Airtona & 7319291 Canada for a total of 300,000,000 with 150M shares each...
I cant find anything on the "7319291 Canada" business perhaps this is just the generic name the business received when it was formed..
I need to find more on this company..
thanks bud i'm still going through all of it... hopefully someone will find something in there.. i know Pimpin already went through it and thats where his STICKY came from as he mentioned
Awesome!! I found it researching "7319291 Canada"
Turns out CCRY acquired 7319291 Canada & Airtrona!!
Also i like that it is taking much less volume to move the stock the same % gains.. That can only mean one thing... The float is getting LOCKED DOWN!!!!!!!!!!!
I Just found a HUGE source of DD for $CCRY!!!!
Financial information starts around page 5!
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=96099
Don't forget that one of the pieces of DD you posted mentioned prison laundry facilities... Would be nice to find out they have a contract with the prisons
Don't forget that one of the pieces of DD you posted mentioned prison laundry facilities... Would be nice to find out they have a contract with the prisons
Yeah that's what I saw I knew it was in that neighborhood
Hahaha sounds guuhhhrreeaatt!!
Is that the true O/S? I thought I saw 340M somewhere
Well usually when something gets pumped there are PRs to come along with it... Lets hope for a PR next week!
well said and agree 100%
yes sir she gonna ruuuunnnnnnnnn multibagger here!!!
I understand that.. but not at current PPS.... minimum $2/share... if they open market buy the float and this thing runs hard and sustains the upper level pps then we're talkin!
Well if that is the case then it would be beneficial for the company to buy back as many shares as possible tighten the float, reduce A/S & O/S then RM or RS from there to get the company to highest possible PPS once the R/S takes place..