is...throwing money into the Euro
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yup. I know this company very well actually. They're right down the road from where I live. =) Good company. They do a lot of business. I read the transaction isnt expected to close until Dec 29 though. Does anybody know anything more??
because it's legit and not a scam.
They aren't allowed to sell their shares. If you knew anything about securities law, you'd know that. Reg D Exempt filed by Waste Recovery Inc. was filed by Jesse Rodriguez, which denoted the sale of the WRII "shell" to DR Entertainment. The 500mil restricted shares are prohibited from being sold for at least 1 year post sale. People really need to read up on this stuff before they invest in these things. R/M's and acquisitions should only be limited to people who actually have a background in securities...imo---it gets rid of all the BS that's floating around out there.
yeah....Susnar and Chornomud dont want to lose money either. And they're prohibited from selling their shares for at least a year.
definitly. No dilution here. IMO
Looks like the CEO and the COO own the 500mil restricted shares. So I would logically conclude that they don't want the stock price to tank. Which means, the week that all those people sold, they lost 75,000.
Most people sold this stock because they thought it was because of "dilution" which isn't the book definition of a dilution anyway. Reg D prohibits both the CEO and COO, in this case, from selling their shares for at least 1 year post filing with the SEC.
Fighting over this online is just silly...
Give it 8 months, and then come back and see if you still think it's a dilution. OH WAIT..you're looking for a quick buck...NEVERMIND!
hahaha...now, where are all those posters/bashers that thought this was a dilution?
I'm guessing we'll see the price go back up...I mean check out the value of the assets... nearly 15mil... AND they made a profit, not much of a profit...but give them a break, they've only been in business since the first of the year. If you check the real estate deeds out, in Oct. of 06, the lot was vacant.
701.0 mil O/S
490.7 Thousand Market Cap
If their Q1 Q2 financials are available that means the audit is almost complete.
The financials are lookin good, imo...other than the liability column...equity is good though
more like pipe dreaming.
haha...
I'd consider a company like VZ a good comparison...maybe..
we'll see a lot more volume with a PR...Friday was nothing..
We could see this thing go to at least the 52 wk high of $3.00...probably a lot higher than that.
AMEX....the avg O/S there is around 40mil so if a r/s does happen, I highly doubt it'd be more than 2:1, and I'd be very surprised if it were 3:1...
I mean take a look at companies like RIC or TCX's O/S
yea, most of the r/s don't really "add value" to the stock...so less would be a good thing to see.
a nasdaq listing is tough to get especially from the OTC market...most of these stocks end up on the AMEX
yeah i'm looking forward to this one, but doing a R/M can take anywhere from a month to 6/8 months
oh i see...so maybe 3:1 max??
20:1 R/S is way too high...there aren't enough o/s to do that without having to do a forward split later on...
This one should move up very quickly next week, imo....I mean, on past Keatings it's taken about 3 days before they issue a PR. =)
I don't think they'll R/S their shares... but even if they did, it wouldn't be much more than a 2:1 R/S
it looks like theres some action here.
My platform just updated WRII's O/S and market cap...
lmao
thats hilarious
sweet...finally, a good stock to be in on. =)
how many of you got in at 0.50??
only if I could pm...
o lawd...lol
Risk is my middle name.
oh I see...sorry, I misunderstood....durrr
nevermind about what I said in my last post then...
Looks like QBYT will though.
Oh you mean QBYT? I'm not too sure about IPOR because they're only in an agreement to acquire such n such...not really a definitive statement. On the other hand, QBYT (i think its the other keating you're talking about) released its new 8-K report this afternoon to acquire tcomt.net--a korean cell phone company...huge in asia.
OH SHNAP! I'm on this like a pack a dogs on a three-legged cat!
Thats a nice site...
yea. At least we know they won't be using saline solution implants now that the FDA reapproved the use of silicones a while back. haha
If this stock strikes stripper oil, then you'll be eating your words. lol
I mean, at least this club doesn't employ chunky chicks by the name of Helga etc...
yeah maybe Minxx has cashflow problems or other minor problems, but I don't think he would've sold Susnar the company in order to have it fall flat on its face.
sorry for the confusion...I was answering you and somebody else with the same post.
'Probably' we'll see an update soon.
...I mean, another Jesse Rodriguez merger was ONMC, and look how well that's doing.
none of the above.
1:1
i do not see a R/S happening. =P
probably.
I dont see a R/S happening soon. I'd rather see confirmation in the form of an SEC filing for the 1.5bil retired shares.
I'm expecting an update soon...but soon for me is like January. lol
ding ding ding
lol...WRII is like whats happening in the bigger markets right now. I mean don't sue because you got a mortgage on a $300,000 house when you only make $20,000/yr.
Basically, the widening middle class is full of retards.