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Did the IR guy say the following exactly:
"He said that the $4.5 million financing by selling 27 million shares has already been closed."
Or did he say that the financing has already closed and you assumed it was the terms above? Big difference. I'm calling the IR Wed to get more details. This is critical. Did somebody finance this deal for 17 cents a share and accept restricted shares in return? I'm one of the biggest supporters of this stock but this deal defies logic when we are at .035.
The next question we need to ask him is whether he saw this deal in print before his eyes or was he just told this by rh/manny?
Here is an explanation offered by a friend that I also believe is what is truly happening:
The way this likely works is there is a big seller who has told his broker to sell hundreds of thousands shares every day. The broker is doing this during the day, and then reporting the total results at the average price after hours. Therefore, the sales are happening during the day, it is just the reporting that is happening after hours - so the price of the "AH sales" can be higher or lower than
the EOD price. We still do not know who is dumping.
Believer, Was that you that bought 150k +/- shares at .035 during the last hour?
Open letter to Steven Weiss:
Steven, I'm a major shareholder here in ONMC and own over 2M shares. I intend to increase my position after more substantiating pr's but have a request. Can you be a little more professional and a LOT less hip? I don't care about your skydiving and your psychic dribble. We are talking potentially about a company that could be worth billions and you need to be less like Huey Lewis and more like a professional IR firm which I realize you are not the official IR firm as of now. Just a request to tone down the hipness and tone up the professionalism. I'm a serious investor but your hipness is a turnoff to me as it is unique to this stock and is not present on any stock of any magnitude. Bottom line its driving me "nucking futs". Comprende?
Sh@t like this is Sh@t:
"...you should take your Dramamine for the ride and an armed guard to escort you to the Bank. If that's still not your cup of tea then open a money market. Still a strong buy rating here at .092?
Of course it is silly!"
I don't care if this is your "Stock of 2008". I want news of $500M-$1B in contracts. That is what I care about. I'll then double my position but not on your nonsensical hype. I think I made my point. GLTA longs.
Blue, Do you know who this guy (defireman) is? He's been an insane basher on the EFFC (MCCY) board and currently bashing ONMC as recently as a few minutes ago. Here's his post:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25475760
Likes to bash our stocks while we leave his pos stocks (spzi, etim) alone. Just wanted to give you a heads up.
PS He's no longer on the EFFC board as he was banned for 2 months. Not long enough.
Headfake. I placed a 100k share buy at the ask when the ask was .17. MM raised the ask to .175. He then is filling my .17 order and making it look like sells when these are buys. The MM needs to pull this baby back to load up on more cheap shares. Just a heads up.
Goldman, You've got Scottrade also? Me too. Comcast had me down most of Friday and now that it is fixed Scottrade is down. Damn. I'll call you today.
I think its going to be a green Xmas
Delivery anyone?
~~~~~~~~~~~~~~~~~|^^^^^^^^^^^^|||___,
~~~~~~~~~~~~~~~~~| $ CRAM $ ]____\,_____.
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~~~~~~~~~~~~~~~~~(@)'(@);;'(@)*(@)****(@)+
Closet buyer here. Wanted to accummulate a significant position prior to posting too much but now is a good time. Been buying ONMC for the last month and I have 1M+ shares. I have bought appx 400k today and most of the buys have been red making you think its a sell but they have been buys. For example, when its .062b .063a I'll put an order for 100k at .063 and then the MM will bump the bid/ask and my ask buy is now a bid buy. Make sense? In other words many of the "red sells" are actually buys and this stock should be up 20% today. Being held back by the MM's but not for long. Gotta go...buying more. GLTA Longs.
PS That last 45k buy was mine and was about the only green buy I've had all day most of the others have been red.
Am I the only here that suspects that a MM(s) is shorting this stock and it started appx at the $2 level? For example you see a buy at $1.38 and they downtick the ask to $1.35. Seems like one or more MM's are shorting this. Anyone agree?
What board are you referring to? Where is it located? I'd like to check it out. Hope it is run as well as this board. I really like it here and not sure if I want to move. This place sure feels like home!
MrGoodBuddy your posting of the "mystery" email, the events leading up to this becoming public and the intentions behind it are 100% correct. For anyone to say that this was a criminal or malicious act is either devoid of the facts or is trying to shift attention from what is truly happening with SPZI. I'm not pleased with the departure of these 2 men along with the silence from the company.
IW, I believe what you are referring to in regards to the document on the MCCY board was a pdf file. We were able to see the source originator from that file. To my knowledge this 'false' info was not in pdf form but was in the form of an email. So the header info would be of great importance.
I'm one of the top holders of SPZI and I am like most of you very disappointed in where the pps is currently. I just got off the phone with a key poster here on this board and he said we are in for some stellar news that he expects to hear by this Friday (he said a small possibility that he misunderstood and it may be for the following friday but he was almost positive it was this Friday). With the pps in the crapper I can wait a few days. And also just received the info below from Darryl so at this point I'm holding steady. This is what I just received from Darryl a few minutes ago:
Spooz has not lost any key people. SpoozToolz is still on track in the institutional and retail markets.
141Capital is not in bad shape, quite the contrary it is in great shape. Funding is not a problem. The experienced high-end proprietary traders who know how to develop and trade these systems are still on staff.
SWARM is owned by Spooz, Inc. and is one of several trading systems developed in SpoozToolz.
Note that someone has taken large short positions at the same time as a negative and largely false email has been distributed to our investors. Spooz is taking appropriate legal and regulatory action in this mater.
Darryl Dennis
Chief Marketing Officer
Spooz, Inc.
29 S. LaSalle St.
Suite 1250
Chicago, IL 60603
ddennis@spooz.com
Phone: 312-379-3166
Website: www.spooz.com
Why should they post false info? Let them verify the info but this would explain why this stock has been dropping over the last week.
You said someone with 5M shares could run this stock to nothing? How about 20M? That is the high guestimate that Tony "Yo Mama" Papa held at one time that has been dumped on us shareholders over the last couple months. That number is being investigated and did Dumbshire/Papa reveal the total number of shares retained after the shell was sold to Rh? Was this info totally disclosed to Rh? Is that the reason we are sitting at a lonely .15? Tony's about done with the dumping and more good news is coming so expect this to turn around soon.
BTW has anyone seen December???? I think he's in hiding.
I know all the heavy hitters with this stock (unless they are in the closet) and none of the major players sold at these ridiculous levels. There is no dilution as stated by several that have received emails from Rh (that can be easily verified). The only other schlub that has that number of shares that would dump 1/2 million shares at these levels is none other than Dumbshires Mama....better known as Tony Soprano Papa. Do not despair. He's about out of shares. And time as the Feds are getting closer.....and closer.....
"Slowly I walk.....step by step.....inch by inch....." <--anyone remember that famous line? (hint: MOE LARRY CHEESE!)
That's funny. IR is now releasing non-public info to the public ...if you promise not to tell. Obviously, I'm one of the biggest longs here but got a kick out of that. Did they say that the info would be released during the interview?
As of this morning Rh emailed a friend of mine that there has be no dilution and contrary to all the resident bashers opinions on this, Rh exaggerates but does not lie. So you can take that to the bank. No dilution.
Most probable answer as to who was dumping the large lots? Tony Papa. Who else is selling large chunks of stock at these levels with the big news that has hit over the last few days (Argo signing, Lemay pres announcement)? Just keep watching the share structure. If it goes up from 127M then MCCY is selling. If not then some large heavy hitter is dumping and who else at this point would sell at .15? Yo Mama...not. Your Papa as in Tony Soprano Papa. Relax he's going to be gone soon. And for the paranoid bashers turned longs turned bashers ad nauseum..... would Lemay be giving an interview with Wall St. Net if this was a scam? Duh? We should pick up some good info during the interview. GLTA longs and bashers KMA.
PS I'm receiving too many pms and emails from basher/long/basher/flipper lemmings. Save your breath. I'm not responding.
And I disagree with your take on Rh and Dumbshire. I believe Dumbshire was in agreement with Tony Papa to lure Rh into one of Tony's shells in which Dumbshire was paid handsomely by Tony. I also believe that Dumbshire and Tony hoodwinked Rh and failed to disclose the true # of shares that would be retained by Tony. I also believe that I will vigorously continue to stress to Rh to bring legal action against Dumbshire and Tony Papa for their illegal activities and my last belief is that the SEC is not too far behind these instigators and we will see huge civil and criminal actions/fines against both parties in the near future. JMHO.
Doog, I also agree with verylong4MCCY in that I also enjoy reading your posts and appreciate the time and effort you have put forth to provide factual info to the longs here. There can't be anyone here that continues to provide more DD on MCCY than what you have brought and will continue to read your posts enthusiastically and really admire you for all that you have done and hope your stay here is lengthy.
What I don't understand is how Intoodeep stated previously that the original shell holder, Tony Papa, still has 3.5M shares? I know that a few select individuals (ex: insiders) can get a list of the brokerages and determine how many shares each brokerage has but how is Intoodeep getting this info? I can live with Papa having another 3.5M shares. Just wondering where this info came from? Obviously Intoodeep's source on the BCST/MCCY injunction being resolved was incorrect. Just wondering if this info is from the same source?
Just got out of jail but enjoyed my stay there. I was able to shank a couple of bashers that were also doing time so things should be better around here.
And in regards to revenue projections, it is just speculation for now as to whether these will be met or increased or decreased. The signing of Argo was paramount to me to validate what an insider thought of MCCY and it appears Jason Shin liked what he saw. Argo by itself is worth more than our current share price. I bought more on Friday and will continue to buy more on future developments with this company. We won't be at these levels too much longer.
GLTA longs.
So Joe, some competitor is calling one of our distributors and then reporting how messed up things are on our end? Hello? She's a competitor. What else is she supposed to say? That things are perfect over at MCCY? It has only been a day since we closed the deal with Argo and if there is a problem on our end that it needs to be looked into. But I'm not going to give any merit to what any competitor says about MCCY as they have no incentive to report anything positive.
How do you come up with a $1 pps when the float will be 1.1B giving a market cap now of over $1B. How is this company today worth $1B? DMTN just received an offer today of $120M and the stock went down today and closed at .10. Does POTP have huge potential? Sure. Billion dollar company now? Hmmmm....I don't think so. In any event the market tomorrow is going to dictate what they think of this merger so good luck to all.
But isn't a RS a "kiss of death"? Don't stocks tend to bomb when they announce a RS? And with the stock closing at appx .30 and the new float will be over 1B shares is this entity now worth $300M????? Seems a little risky to me at this point but good luck to all longs.
That is what I've been trying to figure out. It is not 4.6% but 3.6% (100-96.4=3.6) is what POTP shareholders will own. So 40M shares is 3.6% of 1.11B shares. What am I missing here?
I also agree with you mookie that the LDW system is quite different to the CRAM folo system. My post was in response to the original poster claiming this was a competing product and I strongly disagree. It is basically a lane changing warning device that does not work under 35 mph or when the turn signal is on. It does not have all the features that the CRAM folo system has. It is as much competition to the CRAM Folo as the standard Garmin GPS unit is. Again, I was simply disagreeing with the original poster about this being a competing product.
My the stock has gone up 80% in the last few days. Just wish I had been buying. Oh, I have. Nevermind.
Seems like the "competition" may have to hire a few more gunslingers as the ones on this board are failing miserably at keeping the stock from increasing in pps WITH NO NEWS. Just wait till real news hits. No more fluff. No more vague prs. Just the good stuff. Its coming sooner than you think.
GLTA LONGS.
How is a lane departure warning system a competing system to the Folo CRAM? Comparing apples with oranges. Try again.
Snow, thanks for pointing this important fact out. Everytime I do I get my posts deleted. And for the record, I have millions of shares of both companies. Just hard to deal with a fellow shareholder on one site who bashes relentlessly on the other.
Strongly disagree again with your post. Single digits? Hah. Not a chance. You obviously have not tried to buy the stock in the last day or two. Try to buy at .12 or less. Its pretty tough. The low of the day for friday was .115 when it opened at .12 so I think we are pretty close to the bottom here. I'd love to see it sink to a nicket Monday as it would sit there for a millisecond while hoards (hordes? whore'ds? Ha) would buy the living daylights out of this. We should be closing on Argo soon while we continue selling tens of thousands of these units while we speak. Revs are coming into the company and assuming the 1Q won't reveal much revs, wait till you see what we do with each successive quarter. Dont hold your breath for single digits. And go ahead and delete this as you have 90% of my other posts.
Good job David. And that last 5000 "sell" at .125 was my buy. It was .115b .125a and I placed an order for 50k shares at .125 (he just gave 40k shares at .12 to somebody 20 min earlier). He gives me 5000 as he ups the price to .125b .13a. I never get anymore at .125. Just goes to show you that all buys are buys but not all sells are sells. I guess I can wait till Monday.
If Mexico is calling on Argo it is only a matter of time before we connect with someone huge. And if we ever connect with a GM, Ford, Chrysler or Japanese manufacturer do you think we will still be at 13 cents?
Bashers are toast. <----Oops, does that get this post deleted like all my others????
Argo/MCCY products being installed in ALL 2008 vehicles .... is what the Mexico deal is. That's alot of cars and trucks folks. Volkswagen contacted Argo, not the other way around. In other words, Argo's/MCCY's products sell themselves. A nice problem to have. Who's next to call on MCCY ?
I can confirm what PwAg has said here that we are still very supportive of this company but many of us are not going to waste our time talking about this company among a sea of bashers. As more is revealed with this company, as the stock tends to move back up, as the bashers tend to drift off to another ihub stock, we will return but not before. I check this site a 2-3 times a day, read messages from the educated longs and chuckle at the same bashers that tend to reside here. In any event, this company is very real, its products are very real and its revenues are very, very real. Argo believes in MCCY and our group of heavy hitters strongly believe in MCCY. GLTA Longs.
Your post has been forwarded to Mr. Alain Houle and if he responds to me I will place his response on this board.
I have said this before and my post was deleted so I'm going to rephrase this and not address anyone in particular. There has been some very vicious attacks on Mr. Houle that are deflamatory statements that are both slanderous and libelous. I am in contact with Mr. Houle and these remarks have been forwarded. Any more attacks on iHub that are directed at Mr. Houle need to be forwarded here:
alainb.houle@gmail.com
Many of you need to think prior to your posts as these comments are not going to be taken lightly. I'll post an example of one personal attack on Mr. Houle in a minute.
Anyone looking at Level 2 can see nothing but a sea of green. Hundreds of thousands of shares ticking off with no sells for 30 min. This confirms what Raphael has provided for us and you better get these shares now while they are cheap. I loaded up more on Friday along with a buddy (over 800k shares just on Friday alone). Two more friends are buying as we speak and this is going to be talked about and more people will be coming into this shortly. Life is Good!!! Good luck to all longs.
Congratulations to all longs. Raphael came through and has delivered what he has promised. He has just started and has much more he will reveal shortly. The MM's are still playing their games. Mostly buys and they are dropping the ask. That is fine. They can only do this for so long. As long as the company is real, which it is, I'll continue to buy and sit back and watch the share price increase over time. You can't hold a good company down and I can say again that this will probably be the best investment I will have ever made. It's just going to take time and I'm not going anywhere. As a major investor in this company I am very pleased to be in the position I am in at the moment.
One other thing, many of you longs are debating this company with the paid bashers and you are only wasting your time, dragging the debate on and on and wasting bandwidth. The ignor feature is one of the best features here on iHub. Makes for a pleasant day. GLTA Longs.
Thanks to MrGoodBuddy for finding the info below concerning the people who were paid to pump but failed to disclose their compensation for their postings. This matter is far from being over. We know who you are.
NO, it is NOT ETHICAL. See BELOW.
**************************************************************
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 20228 / August 7, 2007
SEC v. Sierra Brokerage Services, Inc., et al., United States District Court for the Southern District of Ohio. Civil Action No. C2-03-326
On July 26, 2007, the Honorable John D. Holschuh, U. S. District Judge for the Southern District of Ohio, entered a Final Judgment as to defendant Jerome B. Armstrong ("Armstrong"). The Final Judgment permanently enjoins Armstrong from future violations of Section 17(b) of the Securities of 1933. The Final Judgment further orders Armstrong to pay disgorgement in the amount of $5,832, prejudgment interest of $3,235, and a civil penalty of $20,000. Armstrong consented to the entry of the Final Judgment without admitting or denying the allegations of the Commission's Complaint, except as to jurisdiction.
The Commission's Complaint, filed on April 14, 2003, alleged that beginning on March 6, 2000, Armstrong touted the stock of BluePoint Linux Software Corporation ("BluePoint") by posting unsubstantiated, favorable buy recommendations on the Raging Bull internet site. Armstrong posted over eighty such recommendations during the first three weeks that the stock of BluePoint was publicly traded. According to the Complaint, Armstrong praised BluePoint's investment value and encouraged investors who were experiencing trouble having their orders filled to keep trying. The Complaint further alleged that the promoters of BluePoint were secretly transferring stock in three other companies to Armstrong at prices below the then current market for those three stocks and that Armstrong made at least $20,000 by selling the shares he received from the promoters of BluePoint. The Complaint alleges that Armstrong did not disclose in his internet postings that he was being compensated for making the postings.
The above is my response to this post by: rosebud05
In reply to: 2win who wrote msg# 25881 Date:9/22/2007 7:10:46 PM
Post #of 25884
For all those who are confused as to what happened over the past couple of months and particularly past week, I would refer them to the following article: http://findarticles.com/p/articles/mi_m0DTI/is_12_32/ai_n8574400
Essence of what has happened is explained in the article and I believe everyone should read it as pink sheet investing 101. I believe MCCY and RH is an honest company and Doogle is right in that they have spent the past few weeks trying to get out from under these sharks like Downshire and their hired guns like some of the moderators in this group that are no longer here. It really is too bad that so many have lost money due to their schemes. Hopefully this kind of behavior will be dealt with by SEC. I believe MCCY is doing all it can to correct this asap and everything they have done thus far seems to be on the up and up. Good luck everyone. Remember all that matters on Monday are the verifications of the 130 contracts. Once that is done, watch the big money start rolling in and overwhelm any manipulators that are still around.