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Well SOMEBODY wants shares in a bad way, look at the sp and volume today.
Another angle that hasn't been talked about that I'm aware of is if a distinguishment has been made between those who are holding and those that are accumulating. Has anybody who has been accumulating received the call?
If I may add to your statement.
"I think the SEC will be there until product is sold commercially, that's my guess"
and some of the profits go to paying old debts including any tax burdens.
This statement of yours was NOT true:
"This morning folks got phone calls to transfer their Sanswire shares to Basis financial accounts. Basis would then 'short sell' these shares in their brokerage".
More a wag than a"imo"
As I thought, total fiction on your part.
"Why do you assume the purpose is for a shorting?"
Several Exectives already have been found guilty. Soon Sanswire and employees will be going on trial.
Why do you assume the purpose is for a shorting?
What is your source that they are doing this? "Basis would then 'short sell' these shares in their brokerage". Or it is your fiction?
AVENTURA, FL -- 07/08/10 -- Sanswire Corp. (OTCBB: SNSR) announced that its STS-111 and SkySat Unmanned Aerial Vehicles (UAV) will be integrated with partner systems and payloads in a newly-built, company-owned hangar facility in Easton, Maryland. Sanswire's new 172,000 cubic foot hangar is to be located at the Easton Airport, near integration partner Eastcor Engineering. It will also be utilized to showcase the fully integrated STS-111 and SkySat UAV's at upcoming flight demonstrations, at the Easton Airport, which are currently in the planning stage.
The Company expects construction and outfitting of the hangar to be completed by the middle of August 2010. Prior to the new Hangar's completion, all technology integration and testing work will take place at Eastcor's facilities.
The design of the hangar enables it to be dismantled, transported, and re-assembled. The Company believes its investment in this portable, yet substantial, new asset will provide the immediate benefit of a dedicated Sanswire workspace during its push to complete and demonstrate systems-integrated products. Additionally, it enables future work to be completed onsite at defense contractor partners' facilities and in other locations.
Sanswire CEO Glenn Estrella commented, "Our new hangar represents the first of multiple planned investments in Sanswire's infrastructure as we transition the company from R&D to commercial production. In addition to being an ideal showroom to house our airships for the upcoming demonstration in Maryland, the hangar's modular construction will enable us to move swiftly in setting up for potential testing and demonstrations in various locations. We are moving expeditiously in firming up the details for our first demonstration, and will communicate them publicly when they have been finalized."
http://www.earthtimes.org/articles/press/new-mobile-hangar,1375498.html
pre market sure does not like this news.
TADA!!!!
Add SIRIUS XM RADIO INC SIRI United States Consumer Discretionary
Then again, all but the obtuse knew this would happen.
My TDA just changed to show the close at $1.06.
EDIT: and back to $1.09
wow, level II on TDA can't keep up with the last sale.
So when back taxes are paid we are good to go, right ciggy?
drone setup: $20 to $30 mill. I read they coast $50,000 an hour for maintenance. A fraction of that for Sanswire airships when finished. The door has been opened.
http://thehill.com/homenews/news/101449-predator-b-drones-deployed-on-texas-mexico-border
fluctuations on the bid/ask of up to 7m shares - instant fluctuations. Very strange
ok, How's this for a plan then? If they have a product ready to showcase in the summer, they mothball it until fall. C'mon gotcha, if it's ready to go they will get it on the road.
Sirius sats have already weathered major solar events without any effects. Happened a few years ago.
thanks sky, and I agree.
Someone with a lot of clout.
"Looks like someone wanted the Russell to consider us"?
WOOHOO!! :>)
$1.03?
added? "Sources close to the situation have confirmed that the MSCI Barra Index made the sale as they reconstituted their index".
It is also NOT an airship, it is NOT rigid which is a requirement to be an airship. This is a balloon.
They also describe "The Bullet 580 is so large the creators had to go to the Garret Coliseum in Alabama for its maiden takeoff". yet earlier in the article they stated this was for purposes of inflation. Nothing about taking off.
So hopefully those that like to say they are on this board to protect investors will keep a wary eye and let us know about any doubts they have with this new balloon, and thanks in advance.
Barring some disaster like Katla exploding....$1.80
More upgrades to follow. Russell index adding SIRI to have an effect also.
SIRIUS XM Increases 2010 Guidance
Last update: 5/17/2010 7:00:00 AM
NEW YORK, May 17, 2010 /PRNewswire via COMTEX/ -- SIRIUS XM Radio (SIRI) today issued revised guidance on its subscribers and certain financial metrics for 2010.
The company now expects net subscriber additions for the full year to be approximately 750,000, pro forma revenue to be approximately $2.75 billion, and pro forma adjusted income from operations to be approximately $575 million. In addition, the company expects free cash flow for 2010 to exceed $100 million.
(Logo: )
"Our continuing strong operating performance, the recovering economy, and improving auto sales support our increase in guidance today," said Mel Karmazin, Chief Executive Officer, SIRIUS XM.
Pathetic volume.
If I may. "This amount represents a 1,750,000 share increase in the number of shares of common stock authorized for issuance under the Sirius XM Radio 401(k) Savings Plan'
A buddy scored a bunch of SIRI at .88. Dumb luck though.
Nope, just trying to point out something raised by your statement. Stern not being renewed could be a wash and possibly benefit the bottom line.
If half a million subscribers dropped Sirius, if Sirius dropped Stern, wouldn't the bottom line improve? How many subs does Stern have to maintain just for Sirius to break even?
Europe's financial stability is having an effect on most stocks today. Breathers from big run ups like we've had are not a bad thing to me - more consolidation. Future upgrades in analyst recs will help and they are coming. Each quarter will show improvements now.
If Europe collapses all bets are off, but we won't know that for months or longer. imho
Perhaps the elusive 1.6 million?
2) Disgorgement and pre-judgement interest based on $1,553,962.21 in unregistered stock sales
Need some UPGRADES, then we'll fly again.
$1.20, cool paint job! considering it was a $1.18 bid/$1.19 ask at the end.
So- $11m+ /year moved straight over to profit from interest savings. Nice.
buy: 1,204,666/Sell: 902,527/ ? vol. 91,002
I can only see 259 to 294 end trades, they were all sells.
Just got 206 to 256, they were all buys. Funny though, the price starts at .088 and plummets to .068 while they are all buys. Just does not seem reliable.
They get $250k to work on this model. When finished they get $750k as payment. Does it make sense now?
#1 c'mon jet, really
#2 We're going black according to jet? lol
#3 Maybe or
#4 Maybe Eastcor has a customer waiting for an airship with functioning electronics and needs it ASAP. I mean as long as we're punting in the dark......
The benefits to having more than one defense contractor would be......?
"Instead it's Eastcor". What prompts you to say this? It appears to me L3 will get what has been stated all along. The airship going to Eastcor is something different.