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HAON making a good days run on fairly low volume
Let's hope it doesn't stop. Jump in before the merger & dividend happens folks.
Read about merger/dividend here: http://finance.yahoo.com/news/halitron-inc-plans-complete-merger-113000096.html
R/S are only sometimes Good for LARGE investors
Reverse Stock split shenanigans are only sometimes good for very large investors who can 'weather' the attack on their large investments -- and even they can be caught off guard. I have been caught in a 3000:1 reverse stock split - that effectively made my entire investment worthless. As many as 75% of all stocks wind up trading lower after a reverse split.
These are among the reasons to NEVER place a very large bet on any penny stock.
So, so many times after a penny stock does a the reverse split which wipes out SMALL investors' entire investments, even the very LARGE LONG investors get hurt. The stock may open a little higher after the R/S, but typically it plunders back down - and now the small investors are so ticked off at that stock because their entire investment was basically 'stolen' that they will never ever go near it again. Not only that they will begin posting bad things about that company because of what they rightfully perceive as a 'rip off' that was handed them.
Stock splits are nothing more than smoke and mirrors. They don’t create any real value. If you own a stock and it does a stock split or reverse stock split, it might be time to look for a different investment.
Like I said previously, I am waiting for MyDx to decide what they are going to do about this reverse stock split (R/S) shenanigans before getting back into it. I never bet more than $300-$400 on any penny stock. So as a small investor who would be wiped out completely by a MyDx R/S I am patiently sitting on the sidelines waiting for MyDx to take their awful long time to announce what and when or not. In the meantime, I still think it is ONLY this unknown that is driving MYDX down further and further.
A Reverse Stock split is doom for small investors
MyDX has come down from .0023 to .0013 since just the 1st of February and all the way down from .0050 since the end of 2016, ONLY (imo) because of the uncertainty MyDx has created by suggesting a Reverse Stock Split - and going a very long time by not doing it or announcing they are not going to do it. It hangs over MyDx's investors' heads - and thus billions of lost shares because - in the 'penny stock basement' a Reverse Stock Split is the 'kiss of death'. It is legal highway robbery to SMALL investors who stand to lose ALL their investment in a reverse stock split (R/S).
MyDx will continue to fall until they call off any reverse stock split.
Most 'dirt bag' penny stock basement companies announce the reverse split on Friday after closing to become effective Monday at the opening bell, thus not allowing small investors to sell off their shares.
I held MyDx in the .0020's but dumped it ONLY because of this 'sword' of a Reverse Stock split hanging over all MyDx share holders' heads. I didn't need that extra worry. I would buy back into MyDx in a 'heartbeat' once this R/S threat is gone away. Thousands of other investors would also.
For any R/S, MyDx has to give FINRA a 10 days advance notice. I have already contacted FINRA's Ombudsman and asked that they look into either having FINRA or the OTCmarkets establish a page showing the upcoming reverse stock splits 8-10 days in advance. They said they would look into it. I think it is rather 'stinky/fishy' that they don't already have such a warning page.
I would immedietaly buy back into MyDx ONLY when/if this Reverse Stock split THREAT goes away. And that is exactly what it is now to countless small investors - a threat of impending doom. They can increase the authorized shares. I think that would be far better than a R/S.
It is unfair to small investors, that neither FINRA or the OTCmarkets has such a WARNING page. It is almost like (imo) that they are 'in bed' with these penny stock companies against the small investors. As you will notice OTCmarkets ONLY has a page announcing today's reverse stock splits and NOT the upcoming ones which small investors need. OTCmarkets only R/S page is here: http://www.otcmarkets.com/market-activity/splits
I for one would love to see all penny stock investors contact OTCmarkets and FINRA and demand such an Upcoming Reverse Stock Split web page. Contact FINRA here: http://www.finra.org/about/office-ombudsman
JUMP in folks. ADHC is a runnin. Still cheap.
methnks a rather low float too..
Head's up. DO NOT sell GRAS at Market
I learned the hard way last week the pitfalls of selling a Trip 1 (T1) stock 'at Market.
Now I know trying to sell a T1 stock is much better to wait it out than sell 'at Market'.
You may just get $10 back on a $100 investment if you sell GRAS at Market instead of waiting. Worse, ETRADE will take $9.99 of that $ for the trade. You likely will get $0.00001 at Market if you run into a mean MM who hasn't had his/her afternoon shot of alcohol at lunch.
That's 4 zeroes and a 1.
I just made the mistake of trying to sell half my PPJE shares 'at Market'.
I was expecting something like .00009. What I sold 1 mil shares PPJE for just now was .00001 at market. So that's $10 for 1 mil shares.
From ETRADE:
Fri Feb 17 12:10:19 2017 Sell 1000000 PPJE Executed @ $0.00001
It's a gamble. On the other hand - last week I sold 'at Market' half my shares of UNGS also 'at market'. UNGS was trading at .0001. Sold them for .0001. That's $100 per million shares.
Head's up. DO NOT sell PPJE at Market (00001)
That's 4 zeroes and a 1.
I just made the mistake of trying to sell half my PPJE shares 'at Market'.
I was expecting something like .00009. What I sold 1 mil shares PPJE for just now was .00001 at market. So that's $10 for 1 mil shares.
From ETRADE:
Fri Feb 17 12:10:19 2017 Sell 1000000 PPJE Executed @ $0.00001
I sold half my shares of UNGS today also 'at market'. UNGS was trading at .0001. Sold them for .0001. That's $100 per million shares.
ADHC acting like a stock with its FLOAT gone.
carsm
Something is going on. It looks to me as if the float may be gone the way ADHC is acting today. Almost everytime someone buys a larger block of say 400k shares, it jumps up 2 points. Went to 25 till a couple of huge sells sent it down. There has only been about 10-12 sales all morning. Most are buys. But the sales were rather large. It's at .0021 now. If people would hold off selling - especially in big blocks - or just sell in very small increments - to get some of your initial investment tucked away for safety -- it could go up fast. imo
Agreed 1.2bil+ float 9 months ago. Prob nothing now?
ArchiH:
I agree with you.
The float was 1,238,350,320 9 months ago in May 2016.
Just today 130,262,858 ISBG shares traded. Then there were
all of those 1/2 billion trading days. 9 months ago is a long
time.
Float may be close to nothing now.
2.6 bil float even too high! 1.2 bil+ 5/2016
Gobs of shares have sold since.
1,238,350,320 a/o May 17, 2016
SO even Outstanding Shares minus Restricted shares = float doesn't apply as of 01/31/2017. Could this be a 'Floating Stock' situation which would account for that huge discrepancy (1.2+ bil float May 2016).
Transfer Agent said Float 1,238,350,320 a/o May 17, 2016 on the OTCmarket profile page. That was a long, long time ago.
I just wish they would place the CURRENT float figure on the company's OTCmarkets profile page instead of verifying figures there as of 01/31/2017 and then verifying float in May 2016.
ISBG Authorized Shares 2,950,000,000 a/o Jan 31, 2017
Outstanding Shares 2,876,609,947 a/o Jan 31, 2017
Restricted 231,282,277 a/o Jan 31, 2017
-Unrestricted 2,645,327,670 a/o Jan 31, 2017
Held at DTC 1,898,108,620 a/o Nov 30, 2016
Float 1,238,350,320 a/o May 17, 2016
ABOVE are all shown as Verified by ISBG's Transfer Agent. Latest as of 01/31/2017
Reference: http://www.otcmarkets.com/stock/ISBG/profile
I did the float wrong. Was 2.6 bil+ 01/31/2017
- An awful lot of shares have traded since then.
Actually, I did that (figuring float) wrong. My apologies.
The float is Outstanding Shares minus Restricted Shares = FLOAT
So the float was = 2,645,327,670 billion shares outstanding as of 01/31/2017.
2,950,000,000 authorized shares is still rather low as far as penny stocks go.
ISBG (AS) Authorized Shares 2,950,000,000 a/o Jan 31, 2017
(OS) Outstanding Shares 2,876,609,947 a/o Jan 31, 2017
(RES) Restricted 231,282,277 a/o Jan 31, 2017
-Unrestricted 2,645,327,670 a/o Jan 31, 2017
Held at DTC 1,898,108,620 a/o Nov 30, 2016
Float 1,238,350,320 a/o May 17, 2016
ABOVE are all shown as Verified by ISBG's Transfer Agent. Latest as of 01/31/2017
Reference: http://www.otcmarkets.com/stock/ISBG/profile
2,950,000,000 (AS) billion is shown in ISBG's last filing 01/17/2017 for
year 2015. That same number is shown in ISBG's last quarterly filing ended 09/30/2016 also.
Reference: See all these reports here: http://www.otcmarkets.com/stock/ISBG/filings
How do I determine a company's floating stock?
http://www.investopedia.com/ask/answers/062415/how-do-i-determine-companys-floating-stock.asp
Has ISBG OVERSOLD their FLOAT by 157 mil plus?
Perhaps some of you folks can check my figuring. But it sure looks like something 'fishy' afoot here. Like ISBG has oversold their authorized shares by MINUS -157,892,224 as of 01/31/2017 - and much more since. Maybe the MM's have no clue, that this should have soured by all rights already - due to lack of shares available. Are the MM's on the hook for that themselves? Just asking.
ISBG (AS) Authorized Shares 2,950,000,000 a/o Jan 31, 2017
(OS) Outstanding Shares 2,876,609,947 a/o Jan 31, 2017
(RES) Restricted 231,282,277 a/o Jan 31, 2017
-Unrestricted 2,645,327,670 a/o Jan 31, 2017
Held at DTC 1,898,108,620 a/o Nov 30, 2016
Float 1,238,350,320 a/o May 17, 2016
ABOVE are all shown as Verified by ISBG's Transfer Agent. Latest as of 01/31/2017
Reference: http://www.otcmarkets.com/stock/ISBG/profile
Using the Transfer Agent's own numbers above, as of 01/31/2017 we had AS - OS - RES = a FLOAT of MINUS -157,892,224 shares. What gives?
2,950,000,000 (AS) billion is shown in ISBG's last filing 01/17/2017 for
year 2015. That same number is shown in ISBG's last quarterly filing ended 09/30/2016 also. 2,950,000,000 billion is rather small amount of authorized shares as far as penny stocks go - to begin with.
Reference: See all these reports here: http://www.otcmarkets.com/stock/ISBG/filings
That would make the FLOAT MINUS -157,892,224 shares on 01/31/2017
If so, -maybe once the MM's get clued that they have had no legal shares to sell for a long time now - this has to soar to the moon in 1 day...
Float shown as 9.5+mil on OTCmarkets. Conflict!
Maybe this would really fly is we get some of the below answers from the company and transfer agent. Questions about authorized common shares, outstanding commin & restricted shares, and the almost year - since the AdSupply merge LOI was to be signed.
Jerrod1:
In ADTM's last quarterly filing at the SEC on 07/29/2016 they reported having only 300,000,000 (million) common shares authorized, and 29,952,134 and 22,923,526 shares issued and outstanding at March 31, 2016 - See: https://www.sec.gov/Archives/edgar/data/1428397/000149315216011840/form10-qa.htm
YET, at OTCMarkets their Transfer agent verified: 14,000,000,000 (billion) a/o Jan 30, 2017
AND GET THIS - ONLY 9,527,384 (million) IN FLOAT a/o Apr 22, 2016 (verified by their Transfer Agent).
Reference: http://www.otcmarkets.com/stock/ADTM/profile
I THINK somone needs to call this transfer agent and ask what gives?
ALSO:
What has come of the last spring Report of an intent to merge with AdSupply? It's almost a year later and news is BLANK on that. Maybe someone could ask the company if that fell through or what? A whole year is a long time with no news news about that. Is that deal dead? These are a few questions Investors deserve answers to. The authorized common shares, the float, and what's with the AdSupply merge?
IRVINE, Calif., March 28, 2016 (GLOBE NEWSWIRE) -- Adaptive Medias, Inc. (OTCQB:ADTM), a video technology company that supports publishers, content producers and brand advertisers, today announced that it has executed a Letter of Intent (“LOI”) to merge with Los Angeles-based digital advertising technology company AdSupply, Inc. www.adsupply.com. Adaptive Medias will pay $8 million in cash and issue stock representing approximately 53% of the Company post merger to AdSupply in consideration for the merger.
In its first full year, the combined entity expects to generate more than $30 million in revenues and $2.5 million in earnings. The merged company will be consolidated into Adaptive Medias with its common stock continuing to trade under the ticker symbol “ADTM.” The new combined entity plans to apply for a listing on the NASDAQ following the closing of the merger.
Trying to narrow down the float. Numbers to ponder.
(AS) Authorized Shares 1,990,000,000 a/o Jan 23, 2017
(OS) Outstanding Shares 1,170,535,262 a/o Jan 23, 2017
-Restricted 113,543,574 a/o Jan 23, 2017
-Unrestricted 1,056,991,688 a/o Jan 23, 2017
Reference: http://www.otcmarkets.com/stock/IFXY/profile
That means: AS - OS - Restricted = only about 705,921,164 floating shares a/o 01/23/2017, as verified by IFXY's Transfer Agent. That MAY have roughly been the float on 01/23/2017. Yet the Transfer Agent wouldn't or couldn't give the actual float number on 01/23/2017.
Then we have today happen. Volume (buy & sell) was 517,287,759 million shares. Of those 517+ mil shares of IFXY that were traded today, About 62.35% or 366,173,917 were BUYS. But then we had many other buys and sells since 01/23/2017.
The float is the number of shares actually available for trading.
ADHC also has a Low float. Doesn't it?
The last 10/31/2016 Quarterly report on ADHC filed at OTCmarkets says that as of 10/31/2016 their were only 1 billion authorized common stock shares, and 685,993,771 outstanding. Doesn't that leave only 314,006,229 (million) left way back on 10/31/2016? I didn't see any Restricted shares shown in that report - only some preferred shares. Restricted shares get subtracted from common shares when talking float.
As far as penny stocks go 1 billion common shares is rather small. If this is the case. this thing could fly to the moon IF people would just have patience and hold a while before selling. It has 2 things going for it. News and low float.
EEGI latest DEC 16 Financial is out.
http://www.otcmarkets.com/stock/EEGI/profile
Direct DEC 2016 Financial Report link is here:
http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=165902
GOOD THING in this latest financial filing is where EEGI writes:
In December 2016 the company prepared to sign a letter of intent to merge with an established company that supplies lighting structures and equipment to the medical and recreational Cannabis industries. Seeking a business with substantial revenues history and stability in an exciting industry Eline expects to close such deal and begin moving forward in early 2017. An entirely new management team is to be brought in before the transaction closes.
BUT remember 'they prepared to sign a letter of intent to merge'. Meaning they haven't yet signed. That's how I read it. Here it is mid February. So maybe that's some good news to wait on.
SDVI News out-At least it showed in marketwired & YaHoo news this time.
Much better than the last several news reports showing up only in the FREE OTCmarkets. YaHoo grabbed it from Marketwired.
It's Sunday night. Of Course QUIET.
Just wait till Monday morning. ISBG will have an awful lot to chat about - as we soar.
The idea of News releases is new Investors
New 'blood' builds new horizons. It is simply inexcusable for a large company CEO to put out a MAJOR news release to ONLY 1 single FREE (OTCMarkets) news outlet. Unless you (we/me) stockholders of SDVI barrage SDVI to get their Public Relations sh-- together and place these news announcements EVERYWHERE where other penny stock companies DO - who compete for NEW investors -- then I am sorry. SDVI will sink.
DO you want to make money for yourself AND SDVI? -- then I plead that ALL investors barrage SDVI via email and phone calls -- to get them to release their BIG News to as many news outlets as they can. The very FIRST test of a real competing up and coming company is do they have even a single Public Relations person working for them -- who would know how to saturate the internet and NEWS outlets such as IHUB, MarketWired, YaHoo and even the major brokers like ETRADE (and many, many more)?
Yesterdays GREAT news did not make it to any of those places. It fell into a 'black hole'. Therefore today's FALL happened. Little 'NEW BLOOD was aware of yesterday's news reease.
WE at SDVI are competing with thousands of penny stock companies for NEW investors. A near COMPLETE news 'blackout' is not the best plan. That's the inexcusable/inept LACK of advertising plan SDVI has now.
CEO just put a PR out yesterday-but NOT advertised
What good is it when SDVI puts out a BIG release like yesterday's - when it gets NO dissemination whatsoever. It was only carried on the free OTCmarkets news. That's it. SDVI is either too ignorant, or incapable of disseminating GREAT news like yesterday's. It didn't even get disseminated on IHUB here. No news icon on the Breakout Board, or no #1 (for new news) on the IHUB streaming portfolios. It cost just $100 or so to place a news report/PR in so many places such as IHUB, Marketwired, Yahoo, etc.
Notice that most other penny stock companies realize $300 - $400 to place BLOCKBUSTER news ads like yesterday's will do more to help this stock rise than anything else.
I own SDVI stock, and it just sickened me to see that great news release yesterday - GO NOWHERE. What a waste.
SDVI PR is hurting SDVI and SDVI Investors.
SDVI Public Relations (PR) (IF there is any PR Dept) is hurting SDVI and SDVI Investors. Email SDVI PR and ask them to smarten up at: ir@signaturedevices.com
Investors NEED to get SDVI to advertise! Today's SDVI news release is an example of SDVI PR's failure to communicate. They are hurting Investors and SDVI directly. SDVI Investors HAVE to email ir@signaturedevices.com and ask that they release their news to the normal news outlets other penny stock companies do. Some are: YaHoo News, Marketwired, IHUB, PR Newswire, AP, etc.
SDVI Public Relations (PR) is hurting SDVI and SDVI Investors.
SDVI news does NOT show up anywhere other than at OTCMarkets. SDVI InvestorsNEED to email SDVI and get them to place their news releases.
I emailed IHUB today:
BIG news out TODAY on Signature Devices Inc. (SDVI) , and IHUB doesn't have a news icon next to it in Breakout board.
See Today's NEWS at:
https://www.otcmarkets.com/stock/SDVI/news/Signature-Devices-Closes-Acquisition-of-Four--4--Internet-of-Things-Companies-Under-Subsidiary-Innovo-Technology-?id=150785&b=y
Matt at IHUB emailed me back:
I have emailed SDVI but please feel free to reach out to them directly at - ir@signaturedevices.com
Many thanks
Matt
IHUB does NOT take their company news updates from the free OTCMarkets where SDVI apparently ONLY releases to. SDVI has to learn that paying 300-400 dollars for 4-5 different news outlets will gain them thousands from NEW investors.
Below is another email from IHUB I got in a reply today, after asking IHUB why didn't SDVI's AWESOME news get reported via IHUB. Didn't show up in IHUB's Breakout Board, or in their Streaming Portfolios. Today's SDVI AWESOME news ALSO did not show up on ETRADE.
What is missing here? Is anyone HOME at SDVI?
Hello,
OTC Disclosure and News Service is not one of our partners. If they were our partners they would send the data to us to be distributed on our site.
Kind Regards,
Efren Q
iHub Support / ADVFN
help@advfn.com
888-992-3836
Followup on Today's great SDVI news NOT getting disseminated
IHUB news wrote:
Dear Stephen,
For SDVI News to appear on Investors Hub the company are required to use our Newswire service.
I have emailed SDVI but please feel free to reach out to them directly at - ir@signaturedevices.com
Many thanks
Matt
----
SO I just emailed SDVI the following:
SDVI:
Your great news is NOT getting disseminated other than on OTCmarkets.
Please contact IHUB and other news outlets. Below is my request for your news
to appear on IHUB.
Concerned SDVI Investor.
Steve K
PS: SDVI should have a public relations department which deals with news getting out. It should be going out to a lot more places than IHUB. Should be going to news services like Business Wire, Marketwired, CNW Group, PR Global news, PR Newswire, Zack's, Yahoo news, Motley Fool, etc., etc.
MAYBE more investors could email SDVI with other news outlet ideas. The more interest is certainly to all our benefits (company & Investors). Email them at: ir@signaturedevices.com
Today's SDVI HOT news NOT getting Distributed
On 2/9/2017 I wrote to IHUB news:
BIG news out on Signature Devices Inc. (SDVI), and IHUB doesn't have
>a news icon next to it in Breakout board.
See Today's NEWS at:
https://www.otcmarkets.com/stock/SDVI/news/Signature-Devices-Closes-Acquisition-of-Four--4--Internet-of-Things-Companies-Under-Subsidiary-Innovo-Technology-?id=150785&b=y
BELOW IS the reply from IHUB News:
Hello,
OTC Disclosure and News Service is not one of our partners. If they were our partners they would send the data to us to be distributed on our site.
Kind Regards,
Efren Q
iHub Support / ADVFN
help@advfn.com
888-992-3836