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the answer is at least 50million shares at a cent(I dont see any connection to Zevotek here-ive looked up the owner and can't see a connection i.e. I dont believe these to be a note-however doesnt Jason Ryu have 50million shares for sale???)for some calcs...-50million shares at average 0.003 is $150k plus their 100k gives 250k and then for sale at 1c would give profit of 250k-if they owned more than 110million I believe they have to fill out a 13G so dont expect that- obviously if they expect the PPS to push past 1cent in the next few days they will need less than this-Im expecting a massive pump this week- why else would Serendipity pay so much for this "Alert" from HotOTC? DO NOT BE SURPRISED to see close to a penny this week based on PRs issued from the company!!
they werent lying- they arent goin to pr fluff- guess its up to the shareholders to find out these things- this must be for the retail- the more its on the air the more people will have seen them- the more exposure we will get in shops
bit annoying in a way that they dont have PRs for this sort of thing- my least favourite and probably not real company has shot up with PR after PR the last number of weeks with Fluff PR that cant/hasnt been backed up and is now trading at a market cap of 19.6million and we have one of 6.6million with stuff that could be PRd is verifiable and is good news-sickening!!!-by the way on Amazon it also says that shipping takes 3 days- thats a lot less than the website shows- i wonder if we have a massive supply of bulbs?also my ameritrade shows Bid and Ask sizes of 0 and 0 where it used to say 500,000 and 500,000....why is that?
can somebody post a screenshot of level 2?
not sure about this mystic,
the 10K shows "O/S of 703,885,307 shares of our common stock were issued and outstanding". While this website shows "Shares Float 703,847,307 Total Shares Outstanding 2,168,557,653".... I think they may have right figures- could be wrong though... As regards the Common Stock one- my understanding is that common stock can be both restricted and public- we dont know which is right really- im thinkin(hopin) we may only have the 700mil float
- u are correct about intrieri-he does have control-apologies
Flaflyer,
Is there any way to find out what the story is with the Restricted shares- ie if they can be released onto the open market....
http://www.shortsqueeze.com/?symbol=zvtk&submit=Short+Quote%99
shows our float as being 700million odd something which surprised me a bit as this essentially means that 1.5billion of our O/S has very little effect on our PPS( thats presuming that they can't be released onto the open market)- you're usually a web of info on this sort of thing??This also means that Interstellar holdings are still in possession of the 1.5billion shares and pretty much have complete control over the company- am i right?that must have been a sickener for intrieri
john
says one on Pinksheets but I doubt that would be right....check the short interest tab
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=zvtk
wow a third of all shares yesterday was short volume- thats a lot of shares- where are all these shares coming from?NSS??
we may see HOD yet today- didnt look like it at 1 o clock...only 3 mms left on 4s
dropped some amount on 15million shares- we need the volume which we havent got in the last couple of hours-some up and down today
took 130million shares to move it up to 10 ticks and 10million to move it down 7 ticks
means they made a mistake yesterday and that they only have 150000 shares worth the same as our 150000 shares
Pinnacle just corrected their error-they have 150,000 shares with percentage being 0...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7110066
41s now gone- we have 4 42s now and 2 43s
i like the way the ask is now spread in the 40s they were all bunched at 40 this morning- we have 3@41, 3@42, 1@43, 1@44, 1@45 and 1@47- plus nite is at 42-come on ZVTK
that wall on 4 has fallen fairly fast 3 mms now on 5 i wonder if we are going there today?
bang hit the 4s...lets see where we go from here- big wall of MMs
so do you reckon this is a positive?-im inclined to agree with Puttzy here- i cant see what benefit this agreement would be to Zevotek unless there actually has been a really big investment of the $450k not $450- otherwise there has been very little investment for an awful lot of voting power- our shares are completely worthless if this is the case- what do you think Flaflyer?by the way the 6.9% would be worth a few million more shares so I reckon that as of the 1st March we have 2,173,913,040 shares outstanding...opinions?-by the way massive wall on 40- break that and all bets are off
in fact this would put the O/S at exactly- 2,173,913,040 an increase of 5 355 387 shares since the 16th February- i could live with that!!!!13500 in the company pocket hopefully used to pay for ads
not on a 10Q on a 13g-i have looked at pinnacles filings in the past they have all been accurate- as in if the form says 1million mffais will show up the same... the only reason I could see for a typo would be a woman wrote up the form..technical things wouldnt be their forte...lol...also on another note- 6.9% at 150million would give an O/S as of 1st March of 2.174 billion..only a slight increase since the 16th feb
great minds think alike- this will fly if we are correct as that would constitute a massive investment in the companies future and would be an excellent sign- we shall see though- tomorrow will tell
also if you check mffais, you will see that most of their purchases are for substantially more than a measily $450- these are usually in the thousands- and as a poster on
yahoo noted- 150million @ 0.003 average is $450,000... just about their average purchase- any opinions- ps see mffais below
http://www.mffais.com/125258
yeah i agree- they are clearly restricted in some way-im just wondering how they come to have 6.9% of the company with 150,000 shares- how is this possible? that would total 2.5 million shares O/S- and we have an O/S of 2.5 billion(roughly) this would hardly be a mistake and actually be 150million shares?which by the way would explain the massive buyin on the 25th of February which brought the shares from 0.0023c to 0.0039c in one day on 180million volume?
some more DD on Pinnacle Holdings and ZVTK,
As of 31st December 2009 Pinnacle had 75,000 shares of ZVTK which cost them $225- so doubling this their 150,000 shares cost them only $450 to give them 6% voting rights-how is this possible? id like to know who is behind this?sort of catch 22- in one way its good that we have institutions interested- just wondering why for so little and whats in it for them?http://www.nasdaq.com/asp/Holdings.asp?symbol=zvtk&selected=zvtk
another piece from Pinnacles Website
Investment Process
We begin with traditional value measures: Price/Book, Price/Sales. Then, we analyze Price/Cash Flow and Price/Private Market Value for expanded valuation companies. Our universe of potential holdings consists of securities with a minimum market capitalization of $100 million and no upside market capitalization limit (at the time of purchase). We apply Pinnacle’s expanded and traditional valuation analysis which yields a watch list of 200 to 300 names at any one point in time. If a company has a positive catalyst, it is added to the portfolio which normally contains 50-70 issues. Purchase decisions are based on company and industry fundamentals, valuation, and fulfillment of our minimum investment criteria. Our All Cap strategy is designed to be a long-term holder of securities. Our sell discipline is comprised of three categories: valuation, company fundamentals and portfolio diversification.
spot the reason why Mr. engel was sacked-this purchase was done on the 1st March- this was obviously in the pipeline and Pinnacle said...get rid of Engel- we want a proper CEO-interesting about the 100million Valuation...we are worth only 7million at the moment-i think we may have hit the "No MORE DILUTION until we say so" button
it will be interesting to see where they proceed from here-they now have 6%-if they pass 20% they have to file a 13D- im trying to find out how much intrieri paid for his stake- no go anybody know?
they have 6% of the voting rights on 150,000 shares?these are all preference shares i take it
come on NITE u B-atch p*ss off
nite are the most hateful *&^*ers i have ever seen- droped it down to 30 after slow building for hours
excellent consolidation at 25 and above since tuesday- come on the pump
its not after the fact as such- 3/4 of the ads are for this weekend- they only really started on wednesday- that explains why some people have been postin that they have seen them on some of the major networks- if we get a nice early green it could take off today- come on baby goooooo
i was just about to mention the retailer- this is coming very, very soon id say- within the next couple of weeks- this new round of ads is agressive- they seem to be building them all the time-started with 50, 100 last week, 150 this week- keep them comin zevotek
check the website whole load of new ads listed
yeah and over a hundred- there are lots there- whats comcast channel package?im in ireland for all the smart arses out there
its quite likely, nite flirting with 29
we shall see some movement today i would say
im thinking somebody told them to hide the info- i dont know im skeptical- why does it say 5700 per month- thats sh1t!!i dont think that was an increase of 100,000 visits- that was i=an increase of 100,000 in the ranking which would probably only constitute small amounts
folks ive been looking at website traffic stats for newionic bulb website- http://www.trafficestimate.com/newionicbulb.com shows that we have had only 5700 visits in the last 30 days and alexa shows that there has been no information for the last 7 days- how is that possible considering we have had the big advertising campaign over the last week or so- can u hide your website stats or is newionic bulb not gettin many visits at all?i personally have visited probably every day for the last 30 days as im sure many investors here have and i havent bought anything as i am in ireland?
looks like this is the bottom(hopefully anyway) PPS is like watching paint dry today no movement at all- what are the MMs waiting for-clearly they need a catalyst