Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I never said that dilution would stunt any sort of run...again...you have taken it upon yourself to misinterpret my post.
The provided share structure is current as of when...May...March? Alot could have happened in between now and then. The company may not be currently diluting, but they may have already diluted between then and now.
Doesn't mean that it is the end of the world, and I am by no means attempting to present it as such. Just stating a fact that the current float is most likely not at 53 million. I am willing to bet that if we did a share count on iHUB alone...that the float would be closer to or higher than 53 million. Is it some astromical float now? I do not think so. Most likely around 100-110 million. Still extremely low for a penny stock. We will rip right through that. If the float was still 53 million, then it would not have been that easy for only 6 members to obtain %63 of the entire float.
I am not saying that FCCN isn't going to run. What I am saying is that I believe multi-dollars will not be coming anytime soon, like people would like to make it sound.
Look, I like you chart, whether or not you like me I do not care. But any seasoned trader know better than to believe that the float is still at 53 million. Remember, if it sounds too good to be true...it is. :)
and I will be calling as well...maybe we can compare notes via PM. I am not the one doing the antagonizing. I have been pushed in a corner by other board members and have been doing nothing more than attempting to defend my self at this point.
If it is your goal to remove someone from a board that has a perfectly logical different opinion, then so be it.
What I would like, is rather than making personal attacks against me, if you do not agree with my opinion, then provide evidence that proves my opinion to be incorrect.
This is a discussion board. We are here to discuss stocks. Not bash one another. It seems to me that when people are unable to disprove another's opinion, they resort to personal attacks. Let that not be the case here in the future. Please.
becuase you have witnessed others' reactions when I have posted my thoughts. They are met with personal attacks, and claims that I am a basher. The whole thing is immature and pointless, yet others will not let it go and continue their antics. I have done nothing more than continue to defend myself, and will continue to do so until people stop and either accept my opinions or let them go.
when other board members "let it go", then I will let it go. But so long as there are others that continue to attack me and attempt to ruin my credibility, I will continue to defend myself. I did not go out looking for a fight. One seemed to find me. And I am not going to back down as long as people continue to attack me because I have different opinions...which are perfectly logical opinions.
they asked that I keep their names anonymous, and I respected their wishes. Nothing fron with that in my opinion.
because the two people that sent me the PM's did not want go through what I have been going through the last few days.
lol...I just posted what someone else on this board wrote. That is not my opinion...only the opinion of someone else on this board. :)
Merry Christmas!
no need for you to get cold feet now Klonopin...:)
go put some socks on.
I'm still your bud.
So my point is this...even if the company is diluting...so what? We are still in pinkyland, where dilution is an everyday occurence. Do I think that the dilution will affect any sort of run up in PPS if/when we get news of a completed merger? NO, I do not. The numbers that Andrew provided are not current, he said so himself and he will tell you if you ask. So please do not be naive to think that the float is still at 53 million. My guess is that the float is no higher than 150 million. Which will still allow for the possibility of a very strong run, when you consider that LFZA-USSE had a float of 500-600 million...
Just because Andrew is saying that they are NOT currently diluting, does not mean that they have not already diluted. I don't know of any pinksheet companies that do not dilute shares...I doubt that FCCN is the exception.
Check this excellent post from RB:
By: gravel
23 Dec 2006, 02:31 PM EST
Msg. 9497 of 9497
Jump to msg. #
Don't rush things. Maybe there will be a merger and maybe there will not. If there is then it could be a good thing for Aero, but who is to say it will be a good thing for current FCCN shareholders?
Shareholders are the ones who usually bear the brunt of every associated COST, and rarely recieve rewards for being faithful. I don't trust one single pink sheet company, especially those that have a track record of diluting and splits.
For those who say it's going to be a merger and the company will grow then I suggest you stay on the sidelines and "WAIT" till the merger goes through. Then you will have 5, 10 maybe even 15 years to watch the company grow. If the company grows then so could your investment. Make sense?
Sure, I know the pumpers are trying to get people to buy now before the so called "merger" takes place as the "early bird gets the worm" but notice something. The big boys are not buying in!!! If they thought it was a done deal and current FCCN shareholders were going to make out like bandits they would have driven the price up substantially, right? BTW, neither FCCN nor Aero mentioned any "merger". From what I read it said FCCN would buy their shares. Hmmm... buy their shares will what money, honey? And do we even know how many shares we are talking about? Preferred shares where only those in power will reap the benefits? So, many questions. Sure the companies are currently "ironing things out", but I guarantee the current, FCCN shareholders ARE NOT even factored in as a major concern. PINK SHEETS, remember that!!
I personally believe that should the merger go through there will be some sort of massive dilution or split that will cause current shareholders to be very unsatisfied.
Basically it boils down to this. If you like AERO and see a bright future for them then wait till after things settle down and then invest. Right now it's just a pure gamble... When you gamble with pink sheets guess who usually always wins???
BTW, I am not currently invested in FCCN but am watching it like a hawk as are many others. Had I listened to the pumpers I could be in at .024 right now... UGHHHH...that means i could currently be down quite as bit as I speak. THINK THEY CARE???
And yet, another "attacker", whose name I will not mention, PMed me telling me that he did in fact believe that dilution has occurred. And that he believes that the current float is around 100-110 million.
Another PM from the same board member:
"I never plan to invest in pinksheets, but sometimes I keep them longer than planned and that becomes an investment! (barf)
Momo is the name of the game. You have balls of steel. I will sell way before the news hits. Let us not forget that the news could be that there isNO r/m.
Aero seems good enough, but imo dilution has already begun. How could we possibly trade the float and still range in .015/.02? I hope the merger does take place, but personallly I am not betting on it. If it was such a sure thing would FCCN not be at .10 or more already???
Yes you are quite correct that CBBSQ became DEFUNCT on 11/27/06. Maybe we need to see about any FCCN milestones on this date."
This was a PM that was sent to me by one of the "loyal" shareholders of FCCN (a more experienced trader than myself). He has given me permission to post the PM, but has asked me to keep his name anonymous. I am sure that I will get flamed for posting this. But these are not my words. Don't shoot the messenger:
IMO, FCCN is definitely being diluted into the hype of cryptic press releases that "suggest" it is a done deal. Trading numbers support this view (you notice how no one addressed the fact that we are at .017 with a fully traded float). I spoke to a far more experienced trader and he said from a very cursory look that it is DEFINITELY diluted
When MTG calls this the rm of the CENTURY you know exactly what is going on ... hype hype ...
Don't get me wrong, I am in and it WILL run but not that high and not that long. The greedy naive ones will suffer deeply as they did on SLJB and others.
QUESTION:
If we have traded the entire float (53 million), why are we still sitting at .017?
FCCN IS GOING TO BE $25/share BY THE TIME I OPEN UP MY KUNG FU GRIP G.I. JOE FOR CHRISTMAS!!!
lol...did you read the PM...33 million shares bought...with no problem there...why would I possiby be concerned with being able to purchase more shares? I may increase my position to an even million but that is about it. Another half million shares WILL NOT be hard to pick up...
SURVEY SAYS....NNNNNNNNNNNNNN!
Sorry, you do not win the Samsonite luggage. Please try again.
Just admit that you are red and you want to pump the stock so that it will go up and you can sell out of your position. I will help you pump...
TO DA MOOOOOOOON!
O.K. so they don't dilute. Then what do they do to get the PPS above $3...if say...they want to be listed on the AMEX like Andrew mentioned. If they do a 1:175 R/S with the current share structure, that will bring the PPS above $3 at current market price of .017. Then we are left with a float that is just over 300,000 shares? LOL...yeah right.
You say that I am WRONG...but you never post anything to contradict what I say...other than saying that I am wrong.
And a GOOD way to judge a poster on ihub is to look and see if they even PAY FOR THEIR MEMBERSHIP. If you are such a great trader, and you make so much money...then why don't you put your money where your mouth is and pay for your membership. Most free members are low-life, mooching scum bags that would rather pump than pay. I don't listen to free posters.
Speaking of families...shouldn't you guys be spending time with them right now? Let FCCN take the #1 spot for a little while...lol...j/k
Petar V wants to wish everyone a Merry Christmas and a Happy Holiday (click on link and make sure that you have your speakers turned on):
http://www.elfyourself.com/?userid=15add681c49100f5ef37c5cG06122120
Some of you guys need to stop getting so emotional. Everyone here stands to make a profit if they play their cards right. :)
TO THE BOARD:
I would like to apologize to everyone for the recent events that have taken place on the board. I have done nothing more than attempt to offer a different opinion or point of view. I am not a pumper, nor am I a basher. I only have one agenda and that agenda is the same as everyone here: to make money. If people are not allowed to voice their opinions without personal attack, then what is the point of having a discussion board. This board is here to discuss FCCN, and that is what I have done. Not once have I bashed the company. Not once have I pumped the company. I have tried to "Keep it real" as much as possible. I would like for others to continue to do the same.
I will keep my DD to myself, and will only make "neutral" posts about the stock. Nothing positive. Nothing negative. As when I do otherwise, it creates clutter on the board with all of the personal attacks and me having to reply to those personal attacks. If you want my opinion, feel free to contact me via PM.
Again, I apologize. And thank you to those that were open-minded to what I had to say.
Thank you,
Broke
Doesn't matter. I am not going to post any more DD to refute that. I am just going to kick back, relax, and profit take.
and if the merger was such a "done deal" don't you think that with it being less than 30 days...we would be at .10 already?
that is of course assuming that the company is not diluting shares...
the "merge" with ECCM did...ECCM acquired %15 of TTR...and ECCM later changed it's name to CBBS...perhaps CBBS then surrendered its %15 interest in TTR
don't you people get it...ECCM/CBBSQ and FCCN are connected...I will let you find this one out for yourselves. I will not be posting any more of my DD, as it is clearly not welcome here :)
LMAO...the sad thing is...that this board would be nothing without me...we would not be #2...and you people would have nothing...better yet no one to talk about.
lol....in order to do a R/S they would dilute first...and then do the R/S. I currently suspect that the company is or will be diluting into the RM, as we have already traded the entire supposed 53 million float and we are still stuck under .02. Don't really care if they are diluting, as I will just be riding the MOMO from the RM...
you guys are so closed minded it's ridiculous. YOU WILL ARGUE WITH PLAIN AND SIMPLE FACTS. I can't take listening to how dumb some people can be on this board.
%75 of this board is going on ignore.
Agreed. Thanks Mr. Ford.
yeah...your welcome...#2 courtesy of brokestocker
ONCE AGAIN...take what I say and twist it :)
You guys are now beginning to make me hope that this thing does tank...because you obviously do not deserve to be making money on this stock.
Rumors of this merger with FCCN and another company (AERO) have been floating around since August of this year. Which means that this deal has perhaps been in the works for some time now.
This is a question that was raised to me by someone else via PM. I couldn't answer it. Maybe someone on the board can.
"This reeks of dilution. They say that the float is still 53 millions, but if we have traded the entire float how can we still be sitting at .017?"
but the merge with ECCM did, right?
That is what we need to find out :)
read what I just posted...
This is my conclusion...
(Hate to sound redundant...but I have been piecing this together outloud on the board)
After doing some extensive digging, this is what I have found:
TTR HP, also known to some as AERO Exhaust, found a shell company back in 2001 to become publicly traded. The shell company was eCom Corporation (TICKER: ECCM). ECCM then underwent a name change to Columbia Bakeries, Inc. (TICKER: CBBS). Columbia Bakeries, Inc. filed Chapter 11 bankruptcy in February of 2005 and began trading under ticker CBBSQ. If you attempt to get a quote for CBBSQ, you will more than likely be prompted with a message stating that the symbol is no longer valid. And if I am correct, it appears that as of 11/27/06, CBBSQ is no longer publicly traded. Now, when this happened, guess what, AERO was no longer being publicly traded as well. So let me ask you this question...what does a hermit crab do when it is molting? You guessed it...it finds another shell! In this case the new shell will most likely be FCCN.
Now, some of my information could be incorrect, as I have been unable to spend as much time as I would like investigating. Just my theory of course, but things should start making alot of sense to people if you are doing your DD.
I would be curious to look at a historical chart for ECCM/CBBS and see what happened to the PPS when TTR (AERO) merged with them. Keep in mind though, that this was more than 5 years ago, and AERO was not the company then that it is now.
Anyone have a website to access accurate historical charts?
Please feel free to elaborate on my theory...I will continue my research and update you as I find out more.
Sincerely,
The Basher.
don't I always? lol
MAYBE...maybe not :)
lol...I crack the case and this is the thanks that I get? Pink...I would have expected better from you my friend. I didn't actually read the filings...I just glanced over them...as I was trying to read and listen to my girlfriend and family members tell me to get off of the damn computer at the same time...did a little bit of thinking out loud on the board...and then I had to leave...
my mom now needs a sausage ball recipe...so I can now sneak in a few extra minutes...lol
Of course I know what is going on... *wink wink*...and if I was attempting to mislead...why would I have bothered posting my DD...as I feel that what I found was extremely valuable...others may have already known...but no one has posted it.
And to think...I just helped out all of those people that had been attacking me all day...GOSH...IM SUCH A BASHER...lol
I found a chart where it said that CBBSQ was trading at .0002...but when I try to pull it up on yahoo...Ameritrade...and other sites...I get nothing...
Wait...I just tried to look up CBBSQ on AMTD and it said that the symbol could not be found...perhaps no longer PUBLICLY TRADED???? WHICH WOULD LEAVE AERO HIGH AND DRY LOOKING FOR A NEW SHELL!!! EUREKA!!! I THINK I FIGURED IT OUT!!!