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I spoke to Gayle at Colonial Stock Transfer and she said that the shares that were support to be released last week totaled 600,000 and the rest totaling 265,000 were going to be released on Monday that was the deal that FLST made with the TA and Peak One. Sounds like FLST was trying not to give them all at once so Peak wouldn't kill the stock, so on Monday we will have to absorb Peak Ones shares then we move up if no one panics.
According to the 10k Peak One had two debentures the first one was when they tanked the stock and the second one was this last one, so he made millions and was still fighting for the last $11,000
Yes but remember according to the transfer agent he still will get the last part on Monday that's 265,000 hares, it looks like FLST made a deal not to give Peak One all the shares at once that was smart of them to do that knowing what Peak could do the share price.
You are spot on and if I remember the latest new it said that FLST was buying back the note but Peak one was disputing $11,000 of it maybe he was mad that he couldn't get it all and only had grounds on the $11,000 because of some issue in the contract or something.
I didn't want to say that because I didn't want to slander anyone but you would of have had to been a complete ignoramus or you were in on the deal, just think he is an attorney and the CEO of the company he couldn't of been that dumb to sign a deal like that. I wish I could read the details of that contract to see how deep Adler was in on the deal but I know he signed it that a fact.
Just my opinion because you would have had to be crazy to short FLST last Monday, Tuesday and Wed. but they did, maybe on Monday or Tuesday but only if you had an Ace in the hole would you do it all week long.
I'm just guessing but If I knew that I had a note that if I converted (PEAK ONE) and put millions of shares out it would tank the market and I would make some money on the shares but I would make millions on shorting that stock hmmm let me think should I do the rite thing and not kill the stock price of FLST or should I retire and buy an Island what would I do. That's what I think PEAK ONE did because how do you short a stock that is doing so well and has so many people talking about, you hit the nail on the head who in their write mind would short a stock like that only if you knew that you could tank it .
I saw that, most off the week the shorts had close to a million shares per day short for FLST but on Friday the shorting was half. I hope they have to buy shares at a premium, I wouldn't be surprised if Peak One shorted FLST because the new that they had millions of shares going out to the market.
You are rite but I hoped they learned their lesson with Peak one and not make any more deals that will dilute the stock with no upside to the company or no capital for investing,just imagine before Peak one the float was 3,000,000 and the outstanding was close to 15,500,000 and over 13,000,000 were locked up with insiders and now the float is more then double and the outstanding is over 19,000,000 which is still very low for a company that has 200,000,000 shares approved, that's what drives me crazy when they call it a pump and dump if it was the outstanding would be more like 200,000,000 million.
This is an Aviation Fuel company and it doesn't take long for rev to show just put a calculator to it, a commercial airliner flies all day and every day an average day the plane land at least 3 times and fills up an average commercial plan will take 5000 gallons of fuel and more if its a long flight so at say $3 a gallon x 5000= $15,000 x 3 fill ups that = $45,000 per day for only one air plain and an airline has hundreds of planes so its not hard to have revenues plus 15,000 gallons at a say .50 profit that's $7,500 profit per day for each airplane. Not to be redundant but my investment skills are from NYSE companies and I'm new to OTC market so I'm use to doing a lot of DD before I invest am I doing something wrong here because it looks to me that investors here just try to follow the new hot thing and get in then dump that's to much gambling for me to go in a stock and take someone's word that the DD has been done and just fallow the crowed. I'm sorry but I will take a tip on a stock but ill do my own DD. I went as far as going today to an airport and ask questions about fuel and flights, I was told that an airplane lands and fills up on an average 6 times a day and I being a glass half empty kind of guy I calculated only on 3 fill ups. Remember what President Reagen said- TRUST BUT VERIFY!!!
It's obvious that you didn't do any DD, why would a pump and dump pay close to $100,000 a year to be a fully reporting company and have the TA ungagged if they are planing a Pump and Dump. It sounds to me that people in the OTC market are so use to getting scammed that they don't see a diamond in the ruff. I have an agenda also, my agenda is to invest in a company that has potential and ride it all the way up, to bad you don't do your homework and see FLST AS A LONG PLAY NOT A PUMP AND DUMP. Time will tell.
10Q due next week so if its good and some news FLST will go north.
You got it, if the financial show some revenue we know they are for real. I know they are for real because of the DD I did and the transparency of the Transfer Agent + this company is a fully reporting and audited company, they did no revenue according to the last 10Q but after looking into it they did a revers merger with AFi and if on the next 10Q they have some revenue even if it is little we know they are on their way up. It looks
Like the company is very tight lip about putting out news so when it comes out we should pay attention.
I'm in it for the long run, I'm new to OTC stocks just use to NYSE and NASD so when I started to read IHUB recently I stumbled on a post from Smart Money and I started to do my DD I was told by a member not to get in yet because I was new to OTC but I didn't listen And I jumped in at .26 but I'm not worried because the company has a lot of potential. IMAO.
Yes it was now we have to push ASCM away they are playing both sides of FLST.
Yes it was and verified by TA
Ty, I'm used to trading on the NY and Nasd. New to otcbb and willing to learn with alls help.
Make sure all that have FLST put all of their shares at the ask at $2.00 so the shorts won't barrow your shares to kill this stock and as the price rises move your ask up until you are ready to sell it scares the shorts because if they barrow take your shares and the price moves up they are screwed.ASCM did it today today.
you got it,
according to the T/A after the shares on Monday no more shares are being converted. and thats when this will fly.
No he should of burned thru a lot today but yes he will have a little over 200,000 Monday, the good thing is after that FLST is off to the races.
not if he had to buy on the open market to cover, and thats why he is waited to convert, remember and still will have about 200,000 on Monday.
not if he had to buy on the open market to cover, and thats why he is waited to convert, remember and still will have about 200,000 on Monday.
not if he had to buy on the open market to cover, and thats why he is waited to convert, remember and still will have about 200,000 on Monday.
according to the info i got from the TA
The float shouldn't go up with Peak one out of the way, it stands at 6,124,237 and the outstanding is 19,412,808 on 200,000,000 outstanding. It makes perfect sense FLST float was 3 million for a long time before Peak One started converting, that means the company tries to protect the share holders. Before Peak one the outstanding were a little over 15 million and the insiders that cant sell had 0ver 13 million so the float was 2 million, impressive!! I need to thank Colonial for the info and for answering all of my questions.
only 600,00 today and 265,000 Monday plus the shares that he had that he hadn't sold witch was about 1,000,000 as far as the TA knows.
I spoke to the transfer agent and FLST was paid of but just before they signed Peak one was able to convert $11,000 at .012 thats a little over 800,000 shares plus the shares he had before so he should be out bye monday. If FLST had the millions that Peak One made on this bad deal they would have the money to cover the big contracts that they are working on.
Looks like NITE is selling 10,000 at .23 big blocks that must be PEAK ONE
FLST is no PUMP and DUMP, I spoke to management and they haven't had any marketing campaign ever, the only thing that killed the stock at $3+ was the deal made with Peak one made with the EX CEO that let Peak One convert millions of shares and made millions, If the Ex CEO would't have made such a bad deal the FLST would be still at $3+, guess who the CEO was, I did some digging on the FLST on the SEC web site and the Peak One deal was signed by no other then = don't know if I can put the name out but the first name starts with R and the last name starts with A, if you I think made this up just do some DD and you will find it all. Can't make this $ht up LOL. What a bad deal no wonder he was Fired.
Its not Pump call T/A for yourself
Auth-200mm
Outstanding- 19,412,808
Flote- 6,124,237
Restricted still the same held by insiders- 13,288,571
Confirmed by Gayle at Colonial Stock Transfer Agent 801-355-5740
TA great transfer agent ungaged
Peak one should be out by Monday
This morning, called the T/A, he will get 600,000 today and 265,00 tommorow.
No its 800,000 and when we eat threw them he's done and up we go.
thats wye we see the big share amount
Talked to the transfer agent and finally Peak One converted his last $11,000 @ .012
plus Sean Wagner is not a officer of the company just a large share holder.
That info is wrong, the 8K was amended it was a gift, Look at SEC web site under Form 4