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I agree. NSS is a subset of the FTD total.
The 3.8M is the approximate FTD threshold level for PYPR to make the SHO list. Since PYPR doesn't currently appear on the list, the NSS total is lower than the threshold amount. Short interest will be published sometime after the 15th.
You do realize the divvy is a depository receipt and not title to the underlying land right? Each PDR doesn't have to represent a unique piece of land.
Since PYPR is not listed on the SHO list, the NSS here is less than 3.8M. By all means, keep dreaming!
Authorized to repurchase up to 1 billion shares.....I assume this means only non-restricted shares, right?
A company is not required to buy back any shares on announced buybacks. Should they choose to do so, they can buy restricted or insider-held stock. It's not limited to the float only.
Infotopia. /eom/
If you're an American, this doesn't qualify for one. AFAIK, the IRS Code doesn't allow an income tax deduction for direct contributions to any foreign (outside US possessions) non-profit unless it's specifically addressed in a tax treaty. The IRS' website does not list the US as having such a treaty w/ either Panama or Costa Rica. PYPR is a for profit company and not tax-exempt.
No. /eom/
sí señor /eom/
The divvy is just a depositary receipt not the title to the underlying land. How much is a security worth that doesn't trade?
Is English your second language or are you just totally lost in the stockmarket? I didn't change the subject. I responded to your question by giving specific reasons why IMO PYPR will not be listed on Nasdaq. They're very simple concepts to grasp.
BTW, what you posted was merely an opinion as well. Pennystock CEOs often claim all sorts of things that never materialize.
just for your education....
as for selling PDRs...oh never mind, it's probably better you get blindsided.
My opinion is based on common sense. The way they plan to sell PDRs IMO is illegal in the US. I doubt a PCAOB registered auditor will sign off on their fiancials. Regulators can't stand penny CEOs who pump their stock like this one has been doing.
Nope, IMO won't happen. Watch and see.
The OBOs are entitled to the divvy too. He seems to be leaving them out.
Yeah, so what. Anyone can set up a website and claim the short interest here is the millions or even billions. Doesn't mean the information is accurate. Buyins info is not.
Here ya go sublime...
GHTI - G-H-3 International Inc.
PDCN => PDCD => VLDY => PSWI => PPSW => PLRW => RSGT => EQCP => CLSN => GHTI
Symbol Split Ratio Date
CLSN 1:20 R/S 10/30/2006
CLSN 1:15 F/S 08/11/2006
EQCP 1:10 R/S 06/15/2005
PSWI 1:4 R/S 10/28/2002
Short Interest for November 2006
Short Interest 17,165
Percent Change 5,621.67
Average Daily Share Volume 79,486,818
Days to Cover 1.00
http://www.otcbb.com/asp/OTCE_Short_Interest.asp
Data for Dec will be released sometime after the 15th. PYPR is not on the SHO list. With a 7.6 billion o/s, the stock only needs 3.8 million failures to make it. http://www.nasdaqtrader.com/aspx/regsho.aspx
When a company pumps like this one has been doing, it's usually a sign insiders or someone close to the company is dumping. To do this, they need to attract buyers to create volume.
FYI, Buyins is run by an ex-broker who was stripped of his license. You would probably be better off listening to some homeless person than him.
No, the SHO list tracks failures to deliver which comprises more than just naked shorting. The threshold level to make it is having fails equal to only one-half of one percent of the o/s. With a pre-split o/s of ~99M, PGWC only needs ~495,000 (~99,000 post-split) FTDs to make and stay on the list.
Monthly short interest is a snapshot in time and includes regular as well as naked shorting. Dec's number will probably be insignificant as the prev months were and nowhere near the fictious 30M figure thrown around here. To cover 30M between these snapshots, the price would have gone up thru the roof. It didn't!
When a stock's price declines, you NSS diehards automatically blame NSS w/ no real facts to support your claim. The FOIA list shows FTD was not a big problem in this stock during the requested timeframe. Later data will most likely show the same.
NSS diehards like you have very little to no understanding about the stockmarket. You would rather cling onto made-up fantasies than actually learn. Get a freaking clue! For a price to decline or even collaspe, there doesn't need to be any abusive naked shorting.
The FOIA data shows the FTD in PGWC was insignificant during the requested timeframe compared to its o/s. The short interest for Nov 06 was only ~2.49M. That's less than 3% of the o/s. Yawn.
I doubt it. If they want to list on a foreign exchange, there's no need to r/s this stock. If they want to move to another US exchange, there's no need to drop into the OTC world first. In fact, it's probably easier to gain approval while still on Nasdaq. I think the other exchanges (less the NYSE and Nasdaq) are pretty lax on share price.
PGWC has been issuing stock for acquisitions, insider compensation, cash, etc. The o/s here was very close to the a/s. So, they needed to either raise the a/s or do a r/s. They chose the latter.
1-5 r/s effective BH Monday - new ticker PGSW
13:42 12/11/2006 PGWC Pegasus Wireless Corp. (NV) Common Stock PGSW Pegasus Wireless Corp. (NV) New Common Stock 1-5 R/S **
http://www.otcbb.com/asp/dailylist_detail.asp?d=12/08/2006&mkt_ctg=OTCBB
a/s: 40M (ref: NV Corp database)
o/s: 99,187,655 as of 15 Nov 2006. If the 1-5 r/s happens, it'll be reduced to 19,837,531 (ref: PGWC 10Q)
Companies aren't required to notify the SEC about splits. They're required to inform NASD.
PGWC needs to do something here. According to NV's corp database, they lowered the a/s to 40M which is below what's currently issued. It's illegal to have more stock issued than authorized.
It can still occur. PGWC's 10Q stated the 1-5 r/s will be effective close of business 8 Dec. If it appears on today's daily list, the stock will split prior to Monday's open. If it doesn't, the stock can still split at a later date after the company notifies NASD.
Looks like maccontrol went out of business
http://www.maccontrol.com/
No, but it's possible he does. lol /eom/
Why should the burden of proof be w/ me? King brought up this issue. I merely pointed out where her research was flawed. No, I'm not particularly curious whether the device has an FCC ID or not. Since I'm not being paid to research PGWC, I only check out things which personally interest me.
If you had bothered to read my posts, you would know I've never pumped this stock. I'm watching to see what happens w/ the class action suits and whether the feds finally go after J. He's been running around the market unchecked for way too long and pulling some of the same stunts here as he did before. I hope he gets his just due this time. IMO the noticeable silence is a good sign the feds are nosing around.
It's quite common for companies to resell products developed by someone else. For example, Perrigo makes acetaminophen caplets which are sold to WalMart, CVS, Food Lion, Safeway, etc. These retailers then sell this pain reliever under their store brand to the public. There's no need for 100+ resellers to go to the FDA for approval on an already approved drug. The same type of reselling concept occurs in the tech industry.
SWOMI was a trademark of BIFT. So, you won't find that particular name listed under OTC Telecom. As previously posted, the latter company changed its name to OTC Wireless in 2000. I have no idea if SWOMI had proper approval. IF it did, the FDA ID could be listed under OTC Telecom, OTC Wireless, or even some other outfit's name. None of them would use the term SWOMI. As for Cynalynx, the FDA ID might be the MKZWIJETVIDEO you found or it could be listed under another company's name.
Just because J claims they own a certain technology doesn't mean they actually do. If "Some Other Company" is the actual owner w/ an approved FDA ID, you can look 24-7-365 under Pegasus' Fremont address, current/former names, and trademarks and not find it. The only way to verify this issue is to try to get the ID off the device.
I didn't miss king's point. Cynalynx is a fairly recent brand name change. Unless the submission/approval occurred after this change, the FCC ID wouldn't be listed under it.
I don't know if the device has an FCC ID. It may be listed under some other outfit. Back in SWOMI's day, J claimed ownership of that technology. He was very evasive when asked about its patent number and FCC ID. It took a long time before the public was told in an SEC filing that the technology came from OTC Telecom.
This is why I suggested a reseller may provide the number IF one is on the box. If you happen to be looking up the wrong company's name in the database, you definitely won't find the info. If it turns out they're selling a product w/o proper approval, then they ought to be reported to the FCC.
J filed an amendment dated 28 Nov lowering the a/s to 40M. That would lower the threshold level for making the SHO list.
Apparently, there's more stock issued than is authorized right now.
It won't appear under "Cynalynx" because that's a rebranded name.
These guys are supposedly selling the device under its previous name. Perhaps they would be willing to read the FCC ID off it for you if there is one.
http://www.buylcddirect.com/accessories/proddtls.asp?itemid=21229&itmname=
Who are the partners? Microsoft? Sony? Samsung?
IMO these jokers have way too many skeltons in the closet for any of the three named companies to partner w/ them.
There is something important that we aren't seeing. All I know is the CEO plans to move to a foreign exchange to eliminate the naked short position. He has said this over and over in press releases and interviews.
The FTD list posted recently shows naked shorting hasn't been a problem in this stock. PGWC has appeared on the SHO list because the threshold level is pretty low.
No third party reviews or even any third party that has touch or hooked up the new CYNALYNX.
You're incorrect. PC Magazine wrote an article here:
http://www.pcmag.com/article2/0,1759,2024868,00.asp It's not very detailed but would be considered a review.
The device was previously named WiJet.e. It was rebranded and launched as Cynalynx. The first demo was supposedly at the Consumer Electronics Show in Vegas. They've held other demos attended by third parties.
They aren't the same. Treasury stock is issued but not outstanding.
History shows J is NOT an adept techie or businessman, but he's extremely talented at stroking people. I agree there are some similarities between the two stories.
WRT SWOMI, J's contribution was primarily in picking the name (SWOMI was not his first choice) and peddling the product. The technology was developed by others. OTC Telecom provided the firmware. I think they also manufactured the system.
OTC Telecom changed its name in 2000 to OTC Wireless and was later acquired by Pegasus Wireless in 2004. AFAIK, J did not work for them during SWOMI's hey day but was hired sometime after leaving BIFT.
Yes, SWOMI was demonstrated to small groups of investors, but it was also shown to third parties. Some of them are pretty well known names. Operational systems were installed in at least a dozen resort hotels in Myrtle Beach.
IMO there were several reasons SWOMI flopped. One major reason is J likes to embellish. He credited the system w/ having more capability than it had. According to an employee, they surreptitiously installed additional equipment to help boost the signal. It's hard to hide that when potential clients want their engineers to examine the system closer.
1-1000 r/s effective Mon, 4 Dec 06
New Name: Marshall Holdings International Inc New Symbol: MHII
http://www.otcbb.com/asp/dividend.asp?sym_id=GWDB&dDate=12/04/2006&sDateType=ex_date
Thanks. The data there shows FTDs haven't been a huge problem in this stock like some have claimed during the timeframe requested.
Nonsense. There wasn't much short interest in October. I wouldn't be surprised if November's figures are insignificant as well.
Short Interest for October 2006
Short Interest 53,182
Percent Change 35.35
Average Daily Share Volume 416,756
Days to Cover 1.00
BTW, NOBO lists were not meant to be publicly distributed. Most people don't want personal info released to the entire world just to appease some nutty NSS diehards.
Cool....thanks. /eom/
I think the Relion lawsuit put a big monkey wrench into their plans. My guess is they can't move forward much until that's out of the way. If found guilty of infringement, they might have to market something else.
Copy of complaint: http://www.ratboyz.com/gallery/albums/arsc/complaint.pdf
Exhibit A Relion's patent: http://www.ratboyz.com/gallery/albums/arsc/exhibit_a_patent.pdf