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The other thing about Paltalk is that it puts so many memory hooks in your machine that you have to wipe it and then reload everything. And the spyware is attrocious as well.
That is *precisely* why I don't install software like that. In fact, I don't install software period anymore unless it's necessary or it costs more than $20.
looks like the opportunity has past....I can't imagine it will climb over 150%
Objectively speaking, if ProGas were in a real financial bind, they may have no choice? Look, nyseazz's point was simply that we know NOTHING about the real numbers and circumstances behind this deal. Therefore caution is required.
$190M in revs? What if their operating costs are $250M
and you heard there is good news how?
party, that was unnecessary. He has a valid point! Alot of us are looking past the obvious shortcomings in the PRs because we have faith in the company. But there is no guarantee whatsoever we are not being scammed. I personally have faith in the company, but I am also aware that the IR guys, Alonzo et al, and some people in at the sub-penny level will say and do whatever they can to make us think things are going well, even if they aren't. He has a right to point out the inadequacies and we should listen.
But won't the end of the naked shorting only adversely affect the lower end market makers? I doubt E*Trade is involved with all this....
you may get your wish :)
yep, this cycle has been going on for a while. My guess is that there are a few players making some small cash on these cycles given the volume that's been going through
By the way, my 'solution' is probably not happening...the Acc/Dist line is flat (flat-lined? sigh)
I wonder, too, what kind of legal issues that would give rise to...probably none since it's a pinky...in fact, you could say that "After the torrent of shareholder criticisms we decided to pursue other ways to get the share price up."
By the way your nominations made my day )
I thought about it, but I'm not sure he'd listen. I've had some fairly harsh things to say about him on this board, and he probably wouldn't pay attention to someone from god-knows-where who does god-knows-what for a living!...but y'all feel free to suggest it :)
the range has been .0029 to about .0045 for weeks. I'd put a limit sell at .0043 and see what happens over the next couple days.
I have cash to do the same thing, but it's the only buying capital I have left and I want to save it for something a little less risky...good luck to ya
and at .50 my heart can return to its normal rate :) lol
agreed :) I'm on the mac all day and night so the chat room is out. I need my fix, dangit
SPZI: what's going on with this today? stock up 70% on 15K shares traded???????
On the other hand:
$3K is enough for two people for a night
unless, of course, you're that lottery guy from Virginia
oops, and I almost forgot: you gotta take an extra $100 for the 40 that performs the proverbial homage to the dead homies...
well, there is only $3k left after the buyback....and we need the party NOW.
Don't worry, when it's all said and done we'll dip in deeper
Thank you, thank you all. My first duty as CEO is to take $3K from the cash reserve and have a feel-better party for the loyal shareholders at iHub :)
IMHO here's what they should do.
Screw the reverse split, but don't let anyone know you are dropping it.
Get on OTCBB.
Take $500K of their cash reserve, and buy back 172M shares @.0029.
Retire 100M to reduce O/S and float.
Announce you have cancelled the reverse split...watch the stock PPS go up. Announce that they've retired 100M shares, watch the stock go up. If they can get the PPS back to .02 that 72M leftover shares are worth $1.44M, so sell back the 72M shares. Now they've tripled their cash reserve, kept the faith with their shareholders, raised their PPS, and damn if the world ain't a fun place.
they should rename the ticker to NEWBKLLR.ha!
Coy you just don't seem to get a break, do you? Thank God you're okay, allergic reactions are scary things indeed. Our thoughts are with you always
-Griz
In fairness to Ingen this is its fiscal year ending 2004 filing, so it holds little clout as for the current PPS and company worth.
I tell ya though, if you read all the bold and all-caps statements, that's one frightening filing.
Go IGTN.
that's too bad, I was hoping treepeople would get a 'most active board' award...
I don't like installing chat clients...too many backdoors to your system
wow, that was vaguely ambiguous and made the tip of the fence even sharper...putting my finger on the buy trigger in case this dips
hey, the pumpers are gone...must be time to buy!!!!!
good gravy was that an upward move?
Hoo-ray!!!
what I don't understand is if they gagged the TA to save him from a flood of phone calls, why can't they just ask him and post O/S and float on their website periodically?
PowerPole I think he meant that they sold shares to raise cash to pay off a debt....of course, we can't find out officially if that's true, so it's just another coin in the rumor bank :)
did Mike say why?
well shiver me timbers
I thought there was some issue about that, so when I spoke with IR I was told differently. Hmmmmmmm............
I'm also a little shocked about Alonzo saying that other companies are working the property, as I recall during a conversation with IR that they were mining and distributing the entire property themselves...someone in this circle is wrong or deceptive, and I can only promise that it ain't me. But, as we learn more and more that pinks are risky, and that there's alot of information *not* being told by IR, you can guess where the higher probability of deception is coming from.
robinhood
I can't comment about your pics, etc, other than I'm glad you took 'em :)
about the price of sand, I'm not sure either, but when I came into this stock I spent alot of time on the internet looking for sand prices. I guarantee $1/ton/yard/whatever is extremely wrong. Alot of it, of course, depends on what kind of sand, texture, dilution from other materials, etc, the sand being purchased is, and from where. Google search "price of sand" and you will find all kinds of articles with information.
I also know that if you buy sand at Lowe's or Home 'Despot' you will pay around $1.50/$2 for 40 pounds or so...
-griz
isn't the TA gagged? how do we know the share structure is the same?
nope, not kidding...if they buyback at higher and higher prices to push the stock up, a bunch of people are going to profit take, drive it back down, reposition, and we'll be right back where we started.
*OR*
PBLS will have bought back a ton of shares at a high price and maybe (probably?) budged the price, when they could've bought back all of them all at dirt cheap and allowed the price to leap into place once the TA is ungagged, the new O/S is released and audited financials come out.
It would be a waste of money to buy a higher prices when one can theoretical accomplish the same goals cheaper....this is a business, right?
Agree completely...in fact I believe I posted that once or twice before. It doesn't make one ounce of sense to buyback shares in order to *push* the price up...it would be money down the drain! Nope, you buyback cheap as possible, release the O/S figures and let the PPS *leap* to its proper place once the buyback is complete (and in the meantime you buy more than 100M because in the upward correction you can make some sweet green). The current PPS doesn't surprise me...and I'm in far enough back to not bother selling to cut losses (though I did consider re-positioning once or twice...hindsight is always 20/20!)
I don't find that document conclusive, so no conclusions as of yet.
As for the buyouts remember how long it took the share price to go up after the announcement of the last buyout? Obviously that was under different circumstances, but you never know
this board gets awfully quiet after the market closes....
I hear ya...this was my thinking behind that post. When a pinky gives a date for something good, and doesn't make the date, the vultures seize the opportunity and screw the share price down to the ground...I've seen this happen over and over with IGTN, AMEP and a few others in the past couple months.
In my opinion you get high volatility in the negative range and small to medium volatility in the positive range. This acquisition announcement was supposed to generate alot of investors, and if it did they are very cautious investors due to the stock performance with the last 5 PRs. If the acquisition doesn't come through on time, many investors will see the vultures coming and get out before the feeding begins, and some of us might do the same since we've been hearing so much about what the company is going to do to fix the stock price.
one thing is for sure:
if they don't close tomorrow, there will be alot of people thinking this is a scam and the SP is going to plummet (which is good for the buyback, I suppose!)....I hope they close tomorrow :(