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Very nice action in SPCL(PixelMags) today. Not surprising, very predictable but still very nice. I would expect this same trend to continue throughout the month until we receive our formal update on the merger process.
I get a little chuckle when I here talk about needing a PR to somehow validate this blockbuster 8K. I put much more weight and faith in an 8K filed with the SEC than in any PR. This one is extremely detailed and everyone here needs to at least attempt to skim over it. Takes a little effort but well worth it.
Before anyone makes their final determination as to what their selling point is here I strongly recommend that you at least click on the above sticky note titled "Summary DD". Browse that and click on all the links and browse those also. It is very nicely laid out so you can do so quickly and easily. Then make your informed decision. IMHO
It is nice to know that at least someone cares enough to try to flush out some sellers with this take-down. Not working too well as those who have done their homework are naturally holding out for much much more .
Still see this ending close to the high of the day as the additional eyes on us will bring another strong morning tomorrow. IMHO
Love this churning on the 15's! Very possibly setting up for an afternoon run deep into the 20's. IMHO
These 12's, 13's and 14's are acting exactly like the 6, 7 and 8's on Friday. Some are selling 1/2 their shares to ride with the freebies. No problem, we will probably be thru those shortly. Selling their 7's now at 14 is just standard operating proceedure for many traders although I think in this case thy should have acted more like investors and not sold soo soon. Not everyone studies or understands the great oportunity we have here. All better for the long run though as we aquire additional new long-term investors for the long ride up. IMHO
Yes, there were 2 proposed stock splits in the 8K. One is a 100/1 of the outstanding shares. That is because a cutting-edge Nasdaq-type high-tech company by the name of PixelMags is reverse-merging into our SPCL shell and that particular proposed RS allows SPCL's share price to attain a level that could some day in the not-so-distant future allow us to possibly be listed on the Nasdaq stock exchange. The 2nd RS that is mentioned is a 10/1 of the authorized shares. A reverse split of the authorized is good news no matter how you try to color it. Simply means that there will be maximum number of outstanding shares available for the company to issue which will be 90% less than the current maximum. Typical stinky-pinky 1000/1 RS's do not RS the AS thus allowing them to repeat the same disastrous endless dilution schemes over-and-over. Completely differnt from what SPCL is doing as there is absolutely no dilution occuring here and the only reason a RS might occur is to attain a future major-exchange listing.
Back in May when the 8K came out investors should have been buying these shares hand-over-fist rather than screaming RS and panic selling. I must admit I almost did the same thing myself but a couple of posters on this board were mentioning PixelMags/48 M in revenue and reverse merger etc. Thankfully it got me to dig a little deeper and I ended up cancelling my very large sell order and instead began buying all I could. I probably spent 8 hours total studying the entirely of that 8K forward and backward. It is a very official and thorough document that should be read by all here if they are serious long-term investors. I am so very glad I did! IMHO
Pixelmags | Netflix for Magazine, A Brief Summery
by PixelMags | Jan 19, 2016 | News feed, PixelMags story, Web articles | 0 comments
Pixelmags | Netflix for Magazine, A Brief Summery
If you are looking to go the digital route for your magazine I would say Pixelmags would be a perfect fit to serve as your digital enhancement provider.
Here is some info on Pixelmags Services, including a brief summary of what we do, some information on how the back-end process works and a couple examples of other apps we service.
What Pixelmags Do:
PixelMags provides a Distribution-as-a-Service for Publishers which allows Publishers to reach multiple newsstands by one single upload to our back-end system.
PixelMags works with more than 280 publishers worldwide, 900 magazinetitles, and has pushed magazine content downloads to nearly 40 million unique devices worldwide.
Currently we have distribution solutions on Apple, Amazon, Readly, KindleFire, Readr, Nook, Zinio and Google Play Newsstand.
Pixelmags Services:
Pixelmags Services includes uploading your magazine to the desired newsstand as one PDF file, building your app, providing the ability to include digital interactive features such as advertisements–including HTML5 ads, videos, links, push notifications, audio clips, as well as managing all of your customers needs.
Back-end Process:
Once a contract is signed with PixelMags, you will be given a Publishing Representative here at PixelMags. They will be your main point of contact and will manage your Newsstands, customers, and content for you. You will need to set up an account with each of the newsstands you select. Once the accounts are in place, you will provide your Publishing Representative with access and they will handle everything for you. From managing production schedules, assisting with interactivity, stitching and normalizing content, or delivery of the content, we will take care of it.”
Little more info for newcomers. Love how you have set up ibox and stickies everyone! Thanks for the hard work. It should begin to yield benefits as more come to see what we are all about. IMHO
And I believe there will be a "ton of buys" tomorrow because no one will want to risk being "out" over the weekend. The upward momentum here is only gaining speed. 6's will more than likely be up well before noon! IMHO
Hopefully tomorrow we clear out the last of the .024-.025ish sellers so that next week we are free to challenge the .03 level. IMHO
Nice volume again! Sure will be nice when these .0001's are gone for good. Shouldn't be much longer.....IMHO
So now we know CDEL and CSTI are both very thin as far as fives go. Looking very good for the near future. Finish the 4's and 5's look like they will go very quickly! Of course we know that longer-term things will be great here also! IMHO
Today's trading reminds me a lot of yesterday's. Another day .... another digit? PixelMags is definitely not OTC material. And with the players involved in this merger it is just a matter of when not if. Good returns to us all! IMHO
I liked the PR today also. While it left much to be desired as far as details go, it was nice to see much progress has been made. Probably saving announcement of many of the details for the permanent CEO to make. IMHO
News out! Just like CEO promised! Forms S-1 and Pre 14C.... IMHO
Nice buying today! Good to see the increasing interest in PixelMags. Hard to imagine someone not swiping those lonely 3's before the end of the day. Looking forward to an update on the merger here shortly! OOOOps! MY message is too late!! IMHO
This automated computerized trading program is in full force today and seems to be scaring up some sales. Very effective and profitable for the operator(s) with the present low volume after a great run like we have had. They are making a some good cash now covering their shorts at a nice profit. But opportunistic longs are also profiting by being able to load more at these temporarily low levels. All part of the game but with all we have going we will be much higher in the not-so-distance future. IMHO
Very solid! And I love when a stock about doubles in two trading sessions and the message board is quiet. To me that plus the EOD trading shows the confidence all shareholders have in PGUS and know that it is still undervalued even after the nice gains. IMHO
Very nice seeing the lack of selling even with the bid above 2 coupled with the heady recent gains. Doesn't seem like it was that many days ago that we were worrying about defending 1 for OTCQB. Thinking we might see some last-minute buyers today wanting to get in before tomorrow. But any close above 2 would be great! IMHO
Couldn't think of a much better high-tech industry to be in right now. Don't believe we have any shorts but there are definitely posters trying hard to get in on the cheap. Wouldn't count on filings coming this week but who knows for sure. Could come any time or could still be awhile. Time will tell but when this deal goes through (and technically if) the share price here could definitely explode! IMHO
I agree and appreciate that DD. Just following the facts as they are and not over the top hype like many tend to do. Thanks. IMHO
This site indicates 48M in annual revenue. http://listings.findthecompany.com/l/18058157/Pixelmags-Inc-in-Los-Angeles-CA
No matter the exact present revenue figure we know we have a very upper-echelon company indicating (via an 8K) they intend to RM into the SPCL shell. I am sure that if this transaction is completed it will be quite profitable for us all but we need to see the final division ratio's before we see just how profitable it will be for current shareholders. The timetable for this transaction to complete is anybodies guess but they almost always take longer than originally expected. I await eagerly but patiently for the finalized results. IMHO
Interesting read! Check out the new Branded Newsstand (Webstand) ! http://blog.pixelmags.com/
Way way off on my guess for today! What a strong group of buyers that moved in today! $.02's are almost certain to fall on Monday and a nickel is well within our range sometime yet this year. IMHO
Nice little cat and mouse game played very well by that large buyer just now! Congratulations! IMHO
If I was forced to take a wild guess I would say a close today of right around $.015 with volume of about 5 M. Not at all surprised by the upward move other than why it has taken this long! IMHO
When you find a great company like PGUS averaging up seems to be a smart choice. I have purchased shares here in a range from .0004 to .0052. May add more in future as I think it could quickly go to multiple pennies. I last added after news of their financing package that included that convertible with a floor of $.03. That and all the buying by CEO (among many other positives) makes this a one-of-a-kind down here in OTC-land! IMHO
I like that line of thought. Makes some sense to me. Maybe I still have a shot at some six's to average down a bit. I think the selling will be done by end of week and we begin getting news early next week. IMHO
Very true. Best-case scenario would be they used the closing SP of the day before settlement of .0013 and that would have made the total shares of stock awarded at 377M. I'm guessing that would be the absolute minimum. More than likely they used a multiple-day trailing average of some sort. IMHO
Yes. A true seller would not have put up that big of order on ask. Someone trying to load as cheaply as possible before the next move up. IMHO
To avoid any misunderstandings about this very favorable financial agreement it should be clarified that when $PGEI decides it wants to raise some money by selling shares, they will receive a price about 11% below the average daily low for the next 5-day period after $PGEI makes request to Tangiers. And request amount is limited to average of previous 10 days volume. At least that is how I read the 8K. It is a very nice arrangement which puts $PGEI in control vs typical convertible debt financing in which the financing companies have complete control and can completely destroy the value of a company. IMHO
"A further $22,000 is also being financed by Tangiers to cover the costs of the Registration Statement. This funding is in the form of a Note, convertible into restricted common stock at a fixed price of $0.03. The Note can also be repaid in cash by the Company at its option."
"Tangiers has been issued 4,000,000 five year warrants with a strike price of $0.02 as a commitment fee."
Tangiers not really making much money off of the deal until our SP is at least above .02 or .03. They know what is coming from $PGEI as they have been privy to current financials and projections which we have yet to see. And they seem to see a $PGEI share price of much higher than $.03. IMHO
OK I slapped a couple hundred K! Who's next?
Definitely possible. Just need to see the final details and Pixelmags numbers to know for sure. Expecting some additional inmformation very soon! IMHO
Looks like a computer program designed to prevent any upward momentum of stock. In the past I have played around with my bids and noticed that I could actually trigger other orders according to how and where I placed my bids. As the good news continues coming in and volume picks up this should not be near as much of an issue in the future. IMHO
Just could be... one never knows for sure but I like our chances here. Added a bit more today. Nice to see a bid again. I am also expecting to here some news shortly. IMHO
Those are connections that have had me excited and buying. Just need to see how it all plays out. At present price we are only valuing company like an empty shell so whatever value is added is just a bonus. But it appears the bonus could be quite large. IMHO
I agree. I thought it was very insightful and a good read for all investors and potential investors here. Thinking it shouldn't be too long before we hear an update on this aquisition. Looking forward to an interesting and profitable future as things progress. IMHO
If it were true I am not sure how there could be over 200M shares for sale at .0002. Need to read the most recent 8-K. IMHO
I have not dealt with Scottrade myself but I have with Fidelity, TDAmeritrade and Etrade and they all handle GTC orders that same way. IMHO
GTC keeps your "spot" in line and provides a hassle-free way to complete an order without babysitting it.
From Scottrade website "A Good 'til Canceled (GTC) order will remain in effect until the order is executed, until you cancel the order, or until the last business day of the month following the month in which the order was entered, whichever occurs first. For example, if a GTC order was placed on Feb. 11, 20XX, the order would remain open until the last business day of March 20XX, unless the order was filled or canceled prior to the end of the month.
A Good 'til Date (GTD) order allows you to enter a specific date and time of day when you would like for your order to expire. GTD trades have a maximum duration of 90 calendar days. The expiration date entered must be a market day and cannot be a holiday or weekend. The time of day entered must be between the hours of 10 a.m. and 4 p.m. ET in half-hour increments only.
.If a GTC or GTD order partially executes over separate days, separate commissions will be charged each day that an execution occurs. GTD orders can only be placed online. Broker assistance is not currently available for placing GTD orders. Additionally, GTC and GTD order designations are not available during the extended hours trading sessions."
Nice news! IMHO