I'm with ya buddy ... can we do a coup-de-ta here!

So, based on that, we might have even finished today.

Awwwww... isn't too the bad the MMs didn't get a chance to paint the close at .0048, the 52 week low and on aday when the dow was up 416 points.... I feel so sorry for them!

So much for a close above .007 today! :(

Yes, but who says it will all be converted now. Almost every penny stock has this kind of financing. I don't expect them to convert all the debt now, this is not how it normally works. IF you at the past history of 10Qs, they are not heavy diluters like most penny stocks IMO.

Well, if they close on this $25M aquisition, I think you will see the remainder of the sellers convertible get chewed up quickly.

Well, if they close on this $25M aquisition, I think you will see the remainder of the sellers convertible get chewed up quickly.

So, I am assuming ARCA is the MM used by the company to convert debt. Any idea when this debt will be gone?

What leads you to believe the 25M deal might happen this week?

FLIP, will go big time on $25 M merger news!

I'm with you, this is going to explode

Lvl II please

Another t sale 665,000 @ .0067

From last 10Q:

The proceeds from the sale of intellectual property rights to Medtronic, along with the receipt in December 2007 of our third $250,000 annual minimum payment under our license agreement with Boston Scientific, will provide adequate working capital resources for the funding of the Myotech device development and other operations for an estimated twenty-six months.

No penny stocks I now can put that in their 10Q

Cool. I've been in this one a few times, it had a tendendancy to take off like a shot when it wants to. Good luck, its good to hear a voice out there. The Raging Bull site is just full of disgruntled investors that bought at $1 or $2 and are smarting, rightfully so! :)

That's funny. I am also from Rochester. The company has over $8 M in the bank, this price is a joke IMO

Yeah, its crazy, but I think when the selling is finally done, it will take off like wildfire. It's probably the company raising more capital, the last 2 weeks or so but It's getting old!

Surprised it has gotten this low considering they have over $8 Million in the bank. This is way under its cash value alone

How can the date be March 11th, 2008 on this PR, today is only the 10th?

Enough about the transfer agent, all i will say in ending is there are RED flags

Most stocks use real stock transfer agents, with verifiable clients & websites not made up virtual mailboxes at a UPS store. So, they use the same UPS store, not exactely building much confidence here

the addresss for the T/A is not different now as per T/A, he said it was a virtual office with many business having the same office. Meaning there is not real office just a bunch phone numbers attached to a suite. If you do a search on www.411.com on the T/As address listed on pinksheets you will see a bunch others listed to the same address.

If you look at my history you will see that I am not a paid anything, if anything, someone would surmise the opposite. I am just a investor trying to weed thru all the BS of this pink stocks.

Okay, if you are going to run a scam then at least don't be cheap and use the same address as Bethke for the transfer agent, at least pay the $20/month for a new PO Box or something. It's amazing the gall of scammers.

Sorry everyone, got out today at .007 with a small loss from .008, something is not right here, had a conv with the transfer agent and maybe he did file the FINN for the $50 but the fact that he has the same address as Steven Berhke is fishy. I asked him if there could be more shares being sold he said he had the most up to date numbers. He made it seem like it could be possibly more shares out there but he wouldn't necessarily know about them. IMO this is BS, a REAL stock transfer always has the current share count and there should be NO lag between what the CEO is doing and what the ST agent has to sell. They should all be properly registered before selling. He also said that he has other private clients he works with but In my 7 years in trading I have never seen a REAL stock transfer agent have only 1 searchable client it represented. You tend to see some of the same larger ones like continental, etc.

Good luck eveyone, but although there might be some up and downs. i think the dilution will kill it in the end. I will watch from the sidelines unless I see a compelling reason to get back in.

I'm ready, this can move up quickly when it wants to

BDRR .007

Look, this is the only thing that needs to be cleared up in my head, all of the other DD I did until 11:30 pm checks out and is pretty solid. I was also the one who found the job postings for LuMar if you remember.

I want this to go to .20 like everyone else. Bethke doesn't have the cleaniest record if you remember ATCT, his former company, that one was pumped by Stockcharter Group and if he wants to do the same here, thats fine, as long as I make $$

I keep getting the answering machine message. Did you verify with the transfer agent or did you speak to the DTCC, if so, what number did you call and I will call DTCC.

Thanks,


Mom :)

Could you post the new address, it will give me the warm and fuzzies again. I was the one that found that bit of info and it did disturb me.

Three....

Why are you so down on this now, just a couple of days ago you were signing its praises after talking to Graham.

Are you still in or did you sell out?

Looks like Lumar is hiring - good sign


http://jobs.acr.org/search/results/index.cfm?job_company_id=71021

Okay, I see the Atlantis 10-k you speak of, so based on these statements:

In January 2005, Atlantis’ Board of Directors agreed that it was in the best interests of the Company to divest its interest in Bederra, and the Company agreed to spin-off Bederra as a stand alone company, by giving each shareholder of the Company as of December 31, 2004, one share of Bederra for each share of the Company which they owned, effective as of January 1, 2005. Since January 2005, the Company has had no operations or assets.

Percentage of
Common Stock Total Voting
Name and Address (1) Beneficially Owned Shares(2)
7,500,000
6,820,000 50.4%
45.8%
Daniel Mushin
Daniel Dror II

All officers and
Directors as a Group
(2 Persons) 14,320,000 95.7%

Does this mean that Mushin & Dror could be and have dumped about 14 million shares?

Thank you for the clarification, this is going to be a nice ride!

Joe -

There are many holes in your argument based on the replies I have seen. Time will tell.

Okay, so the real question, who is selling at .007. Maybe the company that was just aquired and needed some more cash and has able to cash in some shares? Pay attorney fees? No idea.

Transfer agent called me back, no change, that is current as of today. That is odd.

LVL II please

Tried calling the TA and got a answering machine message, anyone get thru to them today?

Can't wait untill the train leaves the station, I think we really need this PR about the share structure. I just can't imagine why there have been so many shares on sale at .008. I am not complaining but at some point its got start moving into the pennies.