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There is authorized shares and outstanding shares...
mrboston,
the ET LOI deal is signed, just some final DD going on. No way anyone is gonna walk out of any deal due to this hiccup...
It might not be unwise for BIGN to just continue releasing Press Releases as planned reporting on the ongoing developments, so we can build a solid new investors base by the time we start trading again?
Peace.
He is absolutely right. Look at the PR. Only reason for the suspension is SPAM.
Can they (SEC) just go and hurt a company because someone is spamming them ?
Without any proof on who is spamming them ?
From the PR - http://biz.yahoo.com/rb/070308/spam_sec.html?.v=3 :
***
"Now that we have stopped the trading in these stocks, we will focus our attention on the people behind the spam and profiting from it," Schonfeld said.
He said the SEC is investigating the companies themselves as well as outsiders, and that the same people are likely behind multiple spam campaigns.
***
So they haven't got a clue who's behind it but they suspend trading ? They even admit it is probably not the companies : "the same people are likely behind multiple spam campaigns"
This has been going on for years and years without ANY investigation but now - instead of investigating quietly (might be of interest for the investigation right?) they FIRST suspend the trading THEN go look who is behind it ?
Something is not right.
Is SEC working in the intrest of the investors here ?
Maybe it's the companies where MM's are a tad short that got the most complaints ?
Seems like all the suspended companies got suspended due to them "Questions that have arisen regarding the adequacy and accuracy of press releases concerning the company’s operations."
BIGN 's reason also mentions the words (...) and assets.
Some companies, but not BIGN, get the extra mentioning of (...) and concerning stock promoting activity by the company.
The problem seems to be this :
6. Biogenerics Ltd. is a Nevada company with offices in Texas. Questions have arisen regarding the adequacy and accuracy of press releases concerning the company’s operations and assets.
From : http://www.investorshub.com/boards/read_msg.asp?message_id=17697322
Indeed some may have complained.
LOL Texas. You might have a little hangover in the morning (noon ?).
Have a good recovery!
Peace.
Thanx Wave, most interesting. eom.
Anyways, congrats and respect to Wave, nice gains today. You sure did make a wise decision.
Still would like to know what made you buy.
TIA.
Oh yeah, don't forget to move some of those gains back in to BIGN ;)
It was never the technicals that drew me to BIGN. Wave stated he bought WRNW 'cause of the technicals and the fundamentals. Was just wondering what technicals drew his attention.
Razor,
You misinterpreted my question. I was not asking for a comparison between the technicals of BIGN and WRNW.
Wave,
what exactly attracts you to WRNW ? Technicals look kinda nasty to me...
TIA.
La LOI is just the cherry on the pie. ET LOI just might happen this Q, name change too, Financial Results too.
Odd timing. Would have hung in there for 3 more weeks...
Wave ? R u kidding ? eom.
Like I said, last stretch coming up, either way, we'll soon find out.
;)
Final stretch coming up... eom.
For your info :
My questions sent from bignltd.com :
MESSAGE: As a long-term investor I would be pleased if you could find the time to anwer following questions :
1. Is BIGN still pursuing to become fully reporting by the end of Q1 ?
2. Could there be made any guesses as to when the due diligence for the East Texas Letter of Intent would be finalised ?
Thanks in advance.
Kind regards.
Answers :
question 1 yes
question 2 East Texas is near completion. I cant give date . All indication is that it is proceding.
Nice catch spiras. eom.
UBSS hanging on the emergency brake again.... eom.
There just hasn't been enough beef in the PR's lately, and the ongoing projects take more time then projected. So my guess for every buyer there is a discouraged seller whose patience ran out. Been on the brink of selling several times myself.
One beefy PR is all we need.
March will anyhow be implode or explode month for bign. Too many promises made (Financial Results, Name Change, ...) for this Q.
Cryptics,
My take is their intrest is different from 'not caring about the shareholders'. My guess is the people in the knows with them deep deep pockets that are accumulating since October also influence the publications of PR's at the moment and there will be no significant news out before they gobled up all the shares they want/need at these price levels.
Now there 's a reason why someone would invest this amount of money in a pinkie and I think that reason is profit.
If you have the stomach for it, me thinks you could make some nice profits here if you can sit out the tortuous long and tedious ride.
Wakey wakey. Bid already looking crowded... eom.
TYEG, RYLP, SBRX, BIGN in Frankfurt :
No shares being traded so far.
Statements like ...
"The listing will create more visibility for the Company while providing an accessible liquid market for our existing and new shareholders." (SBRX)
or
"The Frankfurt Stock Exchange was Royal Petroleum's primary choice given the growing interest from European investors. The Frankfurt Exchange is renowned for being one of the largest and most proficient exchanges in the world with a continued growing share in the European market." (RYLP)
or
"Tyche Energy chose the Frankfurt Stock Exchange as a result of a growing interest from European investors. The listing in Frankfurt will make the Company more visible and accessible to new and existing shareholders." (TYEG)
... still remain to be proven. I'm sceptic. Most of us Europeans actually PREFER trading our stocks on NYSE markets over European Stock Exchanges because of their higher liquidity.
Still do not understand why they would wanna list on FSE.
Any insights ?
To my knowledge, BIGN is listed in Frankfurt. Just not trading. We'll see if TYEG, RYLP or SBRX will trade.
http://deutsche-boerse.com/dbag/dispatch/de/isg/gdb_navigation/about_us/20_FWB_Frankfurt_Stock_Excha...
Yeah. Funny thing. Bit wiser then before now. G'night. eom.
Well, there it is. LOL. eom.
just cancelled and replaced by 270,000 order at 0.0111 without the AON. eom.
Ridiculous. Should I bid 0.0115 to get anything bought here ? Order in since this morning at 0.011, not getting filled...
Still not filled. Order in 260,000 shares at 0.011. eom.
LOL. .0109 gets filled. My 0.011 not. eom
No manipulation? Then why is my order at ask not being filled ? 260,000 shares at 0.011. Waiting.
Well. There it is. Finally March arrived. eom.
Futr,
since when are they tradeable ?
And could them being tradeable explain why we keep hanging 'round 0.01 here ?
TIA.
I guess people just want to know about that significant other LOI.
Anything moving ? My real time is lagging. TIA. eom.
Ok now. Someone with obviously very deep pockets has been accumulating this little stock since beginning of October 2006 (check CMF on the 6 months chart). For this type of accumulation to occur, my bet is the acccumulator is someone who knows. Noone else would be silly enough to throw this kind of money at a pinky right ? (nothing personal Eatme ;) )
So now. Who could it be ? Who has got a lot of money AND information ? And could these people influence the kind of PR's that would be put out and when these PR's would be released ? Doesn't it seem odd, all these PR 's on Friday AH ?
Imagine someone :
1. who knows
2. has money
3. keeps the price down (but not too much down) by releasing badly timed semi-fluff PRs
4. accumulates at these low prices
Any guesses ? I know my guess.
SBRX at 0.24 +100% eom.
See website. Or e-mail them per website and show interest in pre-IPO shares. Might only work for Europeans. He will call you then.
www.tycheenergy.com
Test trades. Not publicly trading yet. eom.