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Anybody home? Is this company ever going to give us some news to get excited about? GLTA.
That's what everyone was hoping would happen with some of the cssh from the recent sale. Need an update from the company on the status of the buyback program.GLTA
They are both important, making money and reducing the outstanding shares. There are good pink sheet companies that are making money but the stock price is declining(STTN for example) because they are being shorted to death. GLTA
If you have some gains to offset them with then it might be a good thing to do. If not then I would ride it out. Almost at the bottom anyway at $.0002. Might as well see the next chapter.(Hopefully not the final one) GLTA.
He has been buying back million's of shares. There is no way this is dilution. As soon as we upticked this morning somebody shorted a bunch of shares to knock us back down again. Need good numbers, a good plan, and continued buying back of shares by the company to win this game. GLTA.
Got a great PR this morning and the stock goes down. The company needs to address how they are going to handle the shorting issue. What's the latest on sucking up the float with the buyback program? GLTA.
Agreed. They wouldn't venture over there and set up shop if they didn't already have some committed business to make it worthwhile. GLTA.
Going to get some tax loss selling as we near year-end. Maybe some day they will actually reach a settlement with the SEC and tell us what the game plan is gong forward. GLTA.
Going global with large German customers!! Cha-ching!! Let's rock.
Mr. Black talked about improving shareholder value after the recent sale and focusing on the lucrative medical products business. Now we are subpenny. Hopefully he opens his mouth next week and gives new investors a reason to get on board and move the PPS north. GLTA.
So what does that mean? I am not a chart guru. Thanks.
Look at the PR that OTOW put out on their stock buyback program and it is off to the races today. Exactly what we need here:
O2 Secure Wireless, Inc. Announces Advancement in Stock Repurchase Program
Earthcom Reports Progress in Acquisition Negotiations Currently Underway With the Dominican Republic Bank
OTOW.PK 0.00 +0.00
Press Release Source: O2 Secure Wireless, Inc. On Friday November 19, 2010, 9:45 am EST
ST. AUGUSTINE, FL--(Marketwire - 11/19/10) - O2 Secure Wireless, Inc. (Pinksheets:OTOW - News) announces that the Company continues to accumulate stock purchased in the open market. The Company recently announced that its Board of Directors authorized a stock repurchase program under which up to fifty million shares of its outstanding common stock may be acquired in the open market at the discretion of management. O2 Secure Wireless will release an update when the Company reaches its first quantitative milestone, and a significant number of shares have been retired to the treasury.
This stock repurchase program is partially in response to what appears to be a significant and concerted effort to suppress the price per share of the Company's common stock through short and/or naked short sales by third parties. Furthermore, the Company believes that despite progress in liquidity, visibility and price per share in the past quarter, the current share price is still believed to be significantly undervalued.
Simultaneously, Earthcom Service Inc., is negotiating the final details involved with the agreement to acquire a 50% equity interest in the Dominican Republic Financial Institution, and is now scheduled to close by the end of the quarter.
This agreement is exceptionally advantageous for the company, since it will not only provide an additional source of revenue, but will also provide the company's customers with a convenient method for payment of communications services. The opportunity will primarily allow the company to simplify the payment process for its wireless, cellular, cable, residential phone and internet service clients by using a prepaid MasterCard/Debit Card product for customer payments, while simultaneously providing a new bank branch location wherever a Earthcom retail storefront is created, whereas the bank's credit card merchant processing system will utilize Earthcom's wireless infrastructure for processing transactions.
We need some buying support from Mr. Black to continue sucking up the float here. GLTA.
We have some volume. Hallelujah!!!
Where did you see those targets at? Thanks.
Interest is drying up. The company needs to do something to get new investors on board. GLTA.
Do you mean Michael Black? Thanks.
The float is pretty much locked. Shorters have backed off for the time being but there are no buyers. Need some news or the company to start buying to jump start the PPS. IMHO. GLTA
Let's see what power hour brings and whether we finish at the HOD. GLTA.
Sounds like they would rather scoop up shares on the cheap while investing in the business at the same time. Not a bad plan really but the share buyback PR was deceiving in that it led investors to believe a buyback offer was coming. GLTA.
I would expect shortly based upon their last PR. GLTA.
I wonder what the squeeze trigger price on HNSS is right now? The company could set a buyback price somewhere north of that and send the shorts running for cover. With the amount of shares shorted here this thing could explode if that happened. GLTA.
Sounds like investors will retain their equity interest in "EESO" and it will commence trading again once the restrictions are lifted if I read it correctly based upon what Judy has posted. GLTA.
It depends what the buyback news is. If the offer is $.05 per share then I would think the stock would gravitate towards that in a hurry. IMHO. GLTA.
Trying to shake some more shares loose before the buyback info. Hold tight. GLTA.
It would only take $350K to buy up the whole float at these prices. Ridiculous!! GLTA.
What do you suppose will happen with our equity investment in EESO Judy? Are we getting equity in another company that is now making the product? Will EESO stock be acquired by the new company? How long do you suspect it will take to get an announcement from Jared? GLTA
What do the moving averages look like now? Any chart guru's on board. Thanks. GLTA.
Maybe we will get something on the share buyback either after hours today or pre-market tomorrow. GLTA.
They can do something about the pink mentality of cheap shares-buy back the float and force the shorts to cover. GLTA.
They have bought back shares twice and are getting ready to buy back some more. Read their past PR's. GLTA.
Josey, I-Hub posters own approximately 20 million shares of the float. The problem is continual shorting. The company needs to continue buying back shares and retiring them to force a squeeze. GLTA.
They just need to buy the float up with their cash reserves to put an end to these games. GLTA.
Friday was the deadline to send shares in. Should get an update shortly I would suspect. GLTA.
Just sold their other business for $2 million and said that online sales have doubled on their wipes. Been buying back shares for some time. Looks like cash flow is good. GLTA.
Making some significant improvements in the productivity and efficiency of medical equipment manufacturing. Cha-ching!!! GLTA.
Don't think that would fly in the face of an SEC investigation. GLTA.
Could get some short covering today in advance of the buyback next week. GLTA.
No trades in an hour. A Mexican standoff. Need some excitement here. GLTA.