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Let's see if a rally is in the works today for a strong EOW close.
All The Best
Not trying to be sarcastic, but what do you think we have been doing here?
Please read past posts. I have stated that it is a good indication that something may be in the works, but no one on the outside of the company knows for certain.
And, no, not every reverse split means something good is happening. I don't mind this 1:100 reverse split myself.
I guess I am just not up to par today and I don't get your point. It is full of inuendo and mysterious cryptic language.
Please be clear.
Do you know a merger has been completed?
If so, what is the basis of that knowledge?
I have yet to get a definitive answer on that, my supposition is that you cannot alter the share structure unless you change the fiscal year.
That has been the big question for me and I have been trying to look it up, so I can learn.
I do know that a material event is to be reported publicly within 4 business days on an 8-K. A R/M could not have happened, then, at the moment of the 8-K in December or it would have needed to have been filed already.
Any idiot (especially me) can read that DM had shares in the predecessor.
I would appreciate it if any substantive proof can be given that he holds any shares of PHAR. I've been looking for that link since April.
I can't find it in the new company filings and have been told explicitly that he is not involved in company leadership and decisions at all.
Supply the link and you will get a brand-new member mark.
Yes. COMMERCIALIZATION.
The best part about this breakthrough of science is that really NO ONE knows the potential of what can be done here.
All The Best
I apologize for being so thick-headed. I just don't get the point.
Same CUSIP
Same company name
Same everything
Just different fiscal year end.
Many companies have changed their fiscal year without going through a R/M or buyout.
SNRY already changed their fiscal year once before in the same year, is there an SEC rule which forbids them from doing so again?
So sorry that I am not getting it. I really want to.
Hey, EARNESTDD, has Dennis McLaughlin EVER been involved with PHAR? I would love substantiation to prove yes or no.
You HAVE heard of substantiation, haven't you?
Not trying to debate with you, but trying to understand. Please bear with me.
The 8-K you are referring to was signed NOV 22. The effective date of the R/S and the Fiscal Year was changed from DEC 9 to JAN 31.
But nowhere does the 8-K contain any other information of a material event.
But the 8-K filed on 3/30/11 changed the stock structure and the fiscal year, too.
http://www.sec.gov/Archives/edgar/data/1421665/000101376211000759/0001013762-11-000759-index.htm
That didn't signify that a deal had been completed, they just raised the shares from 100M to 750M to pay off all they owed.
I would love to know the difference between the two.
I would be very happy to believe you.
But aren't material events required to be posted within 3 business days of the event? Thus an 8-K is needed?
All The Best
Wow, a 249k buy at .10 went through at noon.
Volume 1.8M so far. Would be great to see 2.5M volume today.
All The Best
I agree, I would be happy to see that posted on the website.
Although, PHAR has filed with the OTC Markets already that the float is 92M.
I have said from very early here that the best thing PHAR could do would be to get off the pinks and become SEC-reporting. They have stated that they are in the process of doing so.
All The Best
Then option three would for a poster to claim it wasn't valid. Just like what will happen if someone posts and claims that 'Howard told them.'
It's a lose-lose scenario to some. So, I'll just wait for filings, since it is still JAN 6.
All The Best
No. I'm with you on this that I am very nervous and stressed, too.
During times like these I make my mind go over what I ALREADY KNOW to be true and I make myself not concentrate on what MAY happen.
To me, today was the last deadline day for me to sit quietly around. Nothing today and Monday I plan to act, but not really much I can do other than phone, fax and email all the contacts I have.
I actually intend on getting contact information on company officers, instead of bombarding Mark Lev.
So, if anyone wants to dig those up, that would be a constructive use of time.
All The Best
Actually, I am with you on this one, HP. That's why I am joking around, it reduces the stress some.
Any potential R/M provides an opportunity to be a bag-holder.
But...
The following has been validated:
1. Wellfleet Partners (run by Mark Lev) has been contracted by the company to find either financing or a buyer.
2. Mark Lev has a great history of making tremendous business decisions.
3. We have had email confirmation that he owns "a gazillion shares" (his own words) and wants a deal done.
4. We have had further and continual email contacts stating that he is still working on this project.
5. Recent filings to the SEC have openly declared that a deal is close to being closed.
So, all we can do is wait.
I don't know when it will be completed.
I don't know what the deal will be.
I don't know with whom the deal will be.
I don't know what is holding the deal back from being finished.
I don't know that a deal HAS NOT already been done.
All we can do at this point is wait, sell or buy more.
I choose to wait and I plan to buy more when I see a filing.
All The Best
I'm glad you agree. Today is JAN 6, but he has 15 calendar days to file from DEC 29, that makes it a JAN 13 deadline.
I would assume it will be filed today sometime, thus the date will be correct.
If my taxes are due April 15, I am not delinquent on the morning of the 15th.
All The Best
The filing with OTC Markets reads:
http://www.otcmarkets.com/financialReportViewer?symbol=PHAR&id=69814
The most advantageous runs in pennystocks (non-scam companies) that I have seen:
*Involve a company breakthrough
*Grab the attention of newswires
*Release a new PR every 3-5 days.
KBLB could 'use' this to their advantage greatly.
We'll see.
I've got the perfect alias for Mark Lev on IHub: SOLAR KING or WELLFLEET ADMIRAL. Better yet, ADMIRAL WELLFLEET
Well, one thing I know for SURE...
If the worms escape, a stampede of them won't be crushing any jeeps with kids inside of them! LOL
Not unless he uses Lev's computer! LOL
I actually have been to Israel twice and I would LOVE to go again!
When I read my Bible I can actually remember what the places look like.
Looking for any excuse to go again...
All The Best
I have no idea what "BOLABA" stands for, but "KING" is definitely right!
With all the DD you have thrown our way the last three days, I think I am going to have to 'unmark' you just to give you another member mark!
Thanks for all the info!
All The Best
Already one step ahead of you.
My plane landed in Tel Aviv an hour ago and I can tell you it's a lot warmer here than it is in Ohio! LOL
DD makes all the difference in the penny stocks, for sure. That's why I have read the board on and off for a few months before I got in.
At first my brain was fried reading ZF's posts (I just skipped over them at the beginning, to tell you the truth). But the more I learned the more I understood what in the world he was talking about! LOL
But, still, it's always your best guess based on the the information you possess - so to make better guesses, one needs to accumulate all the information he can possess.
All The Best
Without a commercial deal of some sort, I would say you could be right. It all depends if you see the giant spike from early 2011 as an indication or an aberration. I am a trader and was watching this before that run and kicked myself for not getting in before. So, I've been watching very closely since.
I see that .22 as an aberration - unusually high for the value of a company with $0 in revenues. Many may have seen that as the beginning of a giant climb, but I thought it was unsustainable for sure. We may even hit that again, but if so, we still can't sustain it without revenues. I don't see it fiscally possible.
What it DID tell me was the amazing potential here for wild uptrends. That's why I am very encouraged to see progress. True progress will enable KBLB to sustain the quick spikes and turn them into strong uptrends - but without a commercial deal in the works? No way.
All The Best
One of my reasons was to average down.
When I first decided to enter KBLB, anything under .10 looked like a great deal, so I got some .09's. But while no news was forthcoming (science takes longer than what we assume it should) the pps slid downward.
I also knew that the greatest majority of penny stocks slide even more at the end of the year, so I was anticipating an even greater decline.
Due to past stock reaction to announced CC and (so it seems) a pattern of the company to announce news around time for a CC - I just guessed.
Don't let anyone fool you with calling themselves a genius trader - we all make our speculations based on the information we have. All my information pointed to buy then. But it's ALWAYS a guess and a slight gamble in penny stocks - they don't trade like they do on the big boards. News is King in Pennyland and can make the worst company's pps jump (not that KBLB is a bad stock IMO).
All The Best
After only 4 trading days, KBLB is currently up 40.5% from last week's close.
I think that's a pretty good step up to the next level, for me.
Of course, it could close even higher - or lower - today.
Time will tell. I'm just glad I got my .07's last week.
I am sure you hold many more shares than I do, so let's at least enjoy the ride.
All The Best
Thanks, MINDANAO.
Any kind of good news may assist SNWV in bouncing a little higher.
All The Best
I haven't been here long enough to rate Ben Hansel's performance, either good or bad.
I have been in enough pharma/R&D stocks to know that there are long, dark periods due to the very nature of the company's research.
Try & fail, try & fail, try again, then maybe a breakthrough.
Follow up on that breakthrough, only to find out it is nothing but a dead end.
Go back and start again.
That process alone has to be a nightmare for a PR/IR guy - waiting with no news.
I would imagine if Hansel is even a halfway decent IR, the last 2-3 months have been like a kid waiting for Christmas - he may have a sense that things are heating up, publications are being prepared, etc. - and, finally, now he can get to work in earnest.
I think 2012 will tell what kind of a PR/IR man he actually is, now that he has actual news and verifiable, proven scientific progress to announce - possibly the first of many fantastic events for 2012.
If he drops the ball now, I will happily join arms with the complainers. As for me, I'll hold off judgment for the next 2 quarters.
All The Best
Always scanning for the next potential swing trade - came across Eastman Kodak. Wow, what a dive, looks like a falling knife right now. Looks to break below .40 today again.
I suppose this is what happens when management refuses to keep up with technology changes. EK was $75 in the late '90's. Even last year at this time it was almost $6. Wow, what a drop. I'll be watching for signs for a bounce.
All The Best
ALIGATO, you are very welcome here. How did you hear of SNRY and are you a shareholder or a friendly bystander?
TIA
I think that the way is paved now for an announcement of the CC anytime.
And I also believe at least one more PR will come out before the CC actually takes place.
I'm glad I grabbed some .07's - especially since I have not been here long enough to get the 'real' cheapies earlier.
All The Best
Hahaha, good find!
All The Best
I believe what was stated was that there were not any filings for a new registration for sale of securities. PHAR has the capability to raise money selling preferred shares, which are already registered.
That is different situation than simply 'not raising money.'
But, could I ask you nicely, if that was true that PHAR was not raising any money, why would it be 'good' to know?
Take the time to read the Q&A which is stickied and you will find the answer to your question.
All The Best
SWING TRADING ON OCEAN WAVES
So many people prefer to invest and let their money sit in a stock for a long time, while the stock has normal uptrends and downtrends.
I would encourage people to trade sensibly and take profits when they can. Following are my exact trades (from my IRA) since the day we alerted a new Ocean Wave to today's movement.
Examine these charts and learn some simple lessons:
1. I DID NOT make every buy at the bottom price or the sale at the very top price. Being close is all that matters. Some days I waited for the price to begin going up when I thought it would continue. Don't be afraid to 'miss' once in a while.
2. Sell earlier rather than later. I am much better at usually finding a higher exit point than finding a lower entry point. That's just the way it is. Don't hold on while you are going down the roller coaster. You can sell on the way down and buy a lot more shares later.
3. If you want to get a good sale price, often the first 10 minutes of the day is the best time to sell.
4. If you want to buy at a good price, usually between 12:30 and 2:00 are good times to buy, most pps drop around that time unless a stock is really on a roll.
SWING TRADING BEATS INVESTING most of the time.
If I only bought and sold once, I would be up 41.5% total on all 4 stocks (money invested to money earned). That is a GREAT percentage.
$15,380 worth of stock sold (if I was out of TA) for $21,773.
However, with the SAME STOCKS and the SAME TIME FRAME, I am currently up 150% on those same stocks.
$15,380 worth of stock would sell (if I was out of TA) for $38,474!
AVL Chart & Trades
I was buying this one on the way down, and just set a buy order where I thought I could get in and was not really even watching this stock the day after Thanksgiving.
Notice also, that I missed a lower entry point late in December - but generally you will. Don't let fear keep you from trying!
DEXO Chart & Trades
I missed a great day to initially get in DEXO, but was unaware of it until after that evening when looking at my scans. Obviously, when you miss a very low initial entry point, all of your trading afterward is affected by it. But it still has been moving great, even though I didn't get in at a 'perfect' time.
DNN Chart & Trades
I missed a great opportunity to get in lower on 11/25 because it was the day after Thanksgiving and I really wasn't paying attention. I guessed the stock would keep going lower because of the holiday, but it jumped earlier than what I thought.
TA Chart & Trades
I was even able to earn a little bit while TA was generally on a downtrend. It wasn't a lot, but it sure was better than losing!
All The Best and Give Trading a Try!
UNBELIEVABLY small share structure on IEBS.
Agreed.