I AM STILL ALIVE
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after the take-over JPM had risen $8 bils..I think the $6.1 bils left,is going to pay for all Wamu's remains
let say if JPM allows to buy up to 15% of Wamu stock at the current price or doing a converion 40:1
170:4=42,500,000 of JPM shares
simple fact about the grading by fitch..If they dont remove WAMU they can not buy.
one more thing I would like to mention I was listening to the radio this morning the AD is sponsorred by WAMU but at the end they were saying something like WAMU is being bought by CHASE. I think $1.9 bil was the purchase price! It look like you buy in the house but not the furnitures..
I have not seem any better stock than this.. $$$$$ Billion dollars in assets and cash . Anyone here can tell me if you have seem any billion dollar company trading pennies? Remember " They are having adequate in cash to fund for the BK process"... Once the dust settle we are going to fly.
the company provides service to customer , without customers there is no profits. 40 bils is alot for a sub-penny stock .It sounds like no money for shareholders
here is some dent conversion
During the three months ended December 31, 2007, $632,417 of long-term
notes were issued for accrued interest on long-term convertible
debt.
During the three months ended December 31, 2007, 38,000 shares of
Series E redeemable convertible preferred stock were converted into
3,800,000 shares of common stock.
During the three months ended December 31, 2007, convertible long-term
debt of $55,838 was converted into 35,940,971 shares of
common stock.
During the three months ended December 31, 2006, 69,522 shares of
Series E redeemable convertible preferred stock were converted into
3,319,323 shares of common stock.
During the three months ended December 31, 2006, convertible long-term
debt of $70,239 was converted into 4,200,000 shares of
common stock.
You are wondering how much shares will be convert with the debt of $6.978M???
Form 10-Qsb for December 31, 2007
STOCKHOLDERS' DEFICIT
Series B convertible preferred stock, $.01 par value;
authorized 5,000,000 shares; 5,689 shares issued and
outstanding 57
Common Stock, $.01 par value; authorized 800,000,000 shares;
102,788,868 shares issued and outstanding 1,027,889
Additional paid-in capital 49,258,486
Accumulated deficit (61,385,370 )
Total stockholders' deficit
this was last year...An 8K recnetly tells us there is much more shares
have anyone here ever found out the A/S and O/S yet? my gesstimate is over 10 bils... read the new 8K to get the ideal of debts and interest rate they have to pay.
like i said these guys have a dream but it might not come true..they will not loose anything but shareholders $$$$.They have only option to sell shares to support their operation.
The full principal amount of the Notes, plus a default interest rate of 15%, is due upon a default under the terms of the Notes. We have a right to prepay the Notes under certain circumstances at a premium ranging from 20% to 35% depending on the timing of such prepayment
15% interest? wow 20-35% ? unbelievable..when does this company debt free?
6,978,000:.0009(lowest price)=7.7 bils of shares + existing shares <---i think this only counts between 2005-2007 . I would greatly appreciate if any of you can have the accurate # od A/S and O/S?
thanks
I just wen through the 8K ..can anyone here explain this to me
"The Notes bear interest at 8%, mature three years from the date of issuance, and are convertible into the Company’s common stock at any time, at the Purchasers' option, at 35% of the average of the three lowest intraday trading prices for the Common Stock for the 20 trading days ending the day before the date that the investors elect to convert. In addition, the conversion prices of outstanding notes payable to the same or related holders in the aggregate principal amount of approximately $6,978,000 issued from September 2005 through December 2007 were adjusted from 40% to 35% of the average of the three lowest intraday trading prices of the common stock for the 20 trading days preceding the date that the holders elect to convert."
they can always increase A/S to satisfy their operational need.This stock will start going up when they are profitable. At this point the risk is too high...
This company belong to the service sector..Service dont need alot of capital to operate but it needs customers to survive.
We gotta understand the company has to sell shares to support its' own operation. 5 bils is a start there will be more dilution
what do you mean retail selling? come on profit-taking!!! you must be kidding! no one making any profit at this price.I am staying on the safe-side by saying "Dilution" untill we have real # of A/S and O/S
i just found out this company had been around for 11 yrs.I have to look at the customers to see how many customers they have during yearssss of operation!
http://www.junipergroup.com/investor.htm
i just found out this company had been around for 11 yrs.I have to look at the customers to see how many customers they have during yearssss of operation!
this below statement from the 8K tells me that the A/S and O/S is much higher now
"As of December 26, 2007, the average of the three lowest intraday trading prices for our common stock during the preceding 20 trading days as reported on the Over-The-Counter Bulletin Board was $0.00073 and, therefore, the conversion price for the secured convertible notes was $0.000365. Based on this conversion price, the Company's authorized Common Stock shares may be insufficient to meet the conversion requirements of the $100,000 Notes, excluding interest. The Company is working toward a solution of this problem. "
what is the O/S? i dont think it is under 100M.
once they are selling enough shares to meet business needs they are going to reverse split..too much shares!
The concept is good but they are not having support from financial institutions that is why they have to sell billion of shares. The more dilution the worst. Do any of you know how many financial institution in this stock?
thanks
i am trying to find out the # of investors that supports this corporation. what do you think about 99Cent franchising? do they really want to be part of 99 cents store? anyone can address the pro and con on this?
thanks!
Thanks Phil!..So the AS increased x2 in a few months? what is that telling us? i think there is no investors pouring money in.
Hi guys!! i have been watching this stock for awhile, it seems to be a huge dilution to me..Does any of you have a latest AS?.. i dont have any confident on this after listening to the interview . he does not know what is 504 and projected sale revenue(remember the PR was out becuase shareholder feeds them i think)
he problem is our CEO has no credential at all.
There is no PR because Mr. clown is on xmas vacation i think. Hopefully there will be a ton of PRs next year from robby the clowny
maybe the company is buying back their stock and lower the AS to 100M woahlaahooooo if he do lol...my only xxxmas wish from robby boy
no more posts,no more news.
the answer is PRs from Mr. Cloud the Robba
wow disaster and recovery huh?? sound very technical to me
a car payment maybe!
who know if he is buying back lol? They are 400% profitable
Why too Many PRs with no proof attached? Come on Rob, we are all adults
Profitable company will not dilute their stock but buying back.
ohhyeahhh volume is 1000K not 1M lol
i think of
asstrom when i heard of real estate.
I think of
free advertisement when i see verum..why not let podium advertises for them free huh?
what do you think?
that is very nice of you Jan..Thank you very much for your wishing. I hope the sky is clear someday and the CLOWN returns back to thier circuit.
happy turkey day everyone!!!!!!!
Hello Mr. ROB oppss Mr.Cloud i should say..Anyone know what is remote system management software existing nowaday? there are few of them that i know VNC,Remote anywhere ..etc...
I absolutely agree people has their own reason to be negative.I am still wondering why he is blaiming previous management selling shares.