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LOL...$5 soon!
Exactly!
This is going to get bought out watch and see my prediction $12 a share!
All in the time we will see a very nice move!
I feel the same way where do you think they will price it at if that happens?
Not even sweating this out once they're done eating this will fly??
What is an SEC "notice of effectiveness"?
The notice of effectiveness is a public declaration by the Securities and Exchange Commission that a public company's registration statement has been accepted.
For shares in a public company to trade on the open market they must be registered by the company. These registration statements are reviewed by the Commission for a period of time before approval is given, and this notice marks the successful completion of this review process.
I really like what I heard ready to step in.
This week going to be very exciting!
If you're even thinking about putting money into this BS hit the link read before you make a move. http://seekingalpha.com/article/2583015-american-brewing-special-situation-more-like-a-busted-ipo-on-its-way-to-zero
You like gambling your life away it will be a lot more helpful 2 give this board solid info why you are so confident and please keep the mumbo-jumbo BS!
This was always a pump and dump deal if you bought you got suckered into this BS.
Honesty is the best policy too much pump and dump going on people are losing a lot of money.
I keep telling you guys this is going to go to $.10 or even lower.
.10 soon you will see this is a risky stock! The Company had an accumulated deficit of approximately $1,757,000 and $875,000 at June 30, 2014 and year ended December 31, 2013, respectively, has a history or recurring net losses and negative working capital. These matters, among others, raise substantial doubt about our ability to continue as a going concern. This is in the recent 10q
You should wait this is going back to $.10 maybe even lower read the 10q
Going Concern
The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates, among other things, the realization of assets and satisfaction of liabilities in the normal course of business. The Company had an accumulated deficit of approximately $1,757,000 and $875,000 at June 30, 2014 and year ended December 31, 2013, respectively, has a history or recurring net losses and negative working capital. These matters, among others, raise substantial doubt about our ability to continue as a going concern.
- 8 -
AMERICAN BREWING COMPANY, INC.
NOTES TO CONDENSED FINANCIAL STATEMENTS
JUNE 30, 2014 AND 2013
NOTE B – Summary of Significant Accounting Policies (Continued)
Going Concern (Continued)
While the Company is attempting to increase operations and generate additional revenues, the Company’s cash position may not be significant enough to support the Company’s daily operations. Management intends to raise additional funds by way of a public offering. In addition, the Company had offered a private placement memorandum for the placement of 2,000,000 shares of common stock at $0.50 per share, for a total of approximately $890,000, net of approximately $110,000 in placement fees. The subscription period has terminated.. As of the closing of the private placement memorandum on March 31, 2014 the Company raised approximately $715,000 in aggregate (of which approximately $86,800, net of $13,200 of commissions, was received in the three months period ended March 31, 2014) and issued 1,430,000 shares of common stock in aggregate (of which 200,000 shares of common stock were issued during the three months period ended March 31, 2014) related to this private placement.
In addition, the Company has registered for sale 570,000 shares of common stock at a price of $0.50 per share of which 516,866 shares had been sold during the three months period ended June 30, 2014 raising approximately $258,000. The offering is being conducted on a self underwritten and best efforts basis. There is no assurance that the offering will be successful or that the maximum number of shares or amounts will be attained. Management believes that the actions presently being taken to further implement its business plan and generate additional revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to generate additional revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate additional revenues.
The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.
Recent Accounting Pronouncements
The Company has evaluated new accounting pronouncements that have been issued and are not yet effective for the Company and determined that there are no such pronouncements expected to have an impact on the Company’s future financial statements.
Y? Are you ok! This is going back .02
It's all the same BS pump and dump that's all these penny stocks are suckers will buy lose all their money same BS over and over.
This might head south before back up I've been saying that for the past 3 weeks I got a feeling this is going to go down before we move back up again.
Very close.
I agree!
One thing I like the support is there if this is plays out right we can see a nice move up don't get me wrong I like my chances here that's why I have been buying just bought more.
Status Action Quantity
Symbol Type Price
Act. Price
Time-in-Force Reported
Filled Buy 9000 VTEQ Limit 0.041 -- -- 12:20:06 07/31/14
Filled Buy 10000 VTEQ Limit 0.041 -- -- 12:19:47 07/31/14
Filled Buy 8000 VTEQ Limit 0.041 -- -- 12:19:46 07/31/14
Filled Buy 10000 VTEQ Limit 0.041 -- -- 12:19:38 07/31/14
Canceled Buy 39400 VTEQ Limit 0.039 -- 07/31/14 12:17:01 07/31/14
Filled Buy 20000 VTEQ Limit 0.039 -- -- 12:15:53 07/31/14
Filled Buy 15600 VTEQ Limit 0.039 -- -- 12:15:40 07/31/14
Canceled Buy 97000 VTEQ Limit 0.03 -- 07/31/14 12:14:21 07/31/14
Filled Buy 4975 VTEQ Limit 0.0435 -- -- 09:34:26 07/31/14
Filled Buy 12025 VTEQ Limit 0.04 -- -- 09:32:07 07/31/14
Filled Buy 50000 VTEQ Limit 0.045 -- -- 09:30:02 07/31/14
Indicates non-standard option
Market data accompanied by D is delayed by at least 15 minutes for NASDAQ and options and 20 minutes for AMEX and NYSE.
Duration of the delay for other exchanges varies.
It all sounds great and all but remember as a pennystock that's a lot of shares stock is going to go lower before we move up. Meantime I hope they're not dumping all over us it usually happens that way with these kind of stocks!
This is why we are going lower before we move back up! (1) to increase the number of authorized shares of the Company’s Common Stock from 50,000,000 shares to 500,000,000 shares (the “Increase in Authorized Common Stock”);
(2) to reduce the par value of the Company’s Preferred Stock from $10.00 per share to $0.01 per share (the “ Decrease in Preferred Stock Par Value”); and
(3) to approve and adopt the Company’s 2014 Stock Incentive Plan (the “2014 Stock Plan”).
On June 10, 2014, the Board approved the Increase in Authorized Common Stock, the Decrease in Preferred Stock Par Value and the 2014 Stock Plan, subject to Stockholder approval. The Majority Stockholders approved the Increase in Authorized Common Stock, the Decrease in Preferred Stock Par Value and the 2014 Stock Plan by written consent in lieu of a meeting on June 18, 2014. Accordingly, your consent is not required and is not being solicited in connection with the approval of the foregoing.
Pursuant to Rule 14c-2 promulgated under the Exchange Act, the earliest date that the Increase in Authorized Common Stock, the Decrease in Preferred Stock Par Value and the 2014 Stock Plan can become effective is twenty calendar days after this Information Statement is first sent or given to the Stockholders. In addition, the Increase in Authorized Common Stock and the Decrease in Preferred Stock Par Value will not become effective until we file the Certificate of Amendment to our Certificate of Incorporation, as amended (the “Certificate of Amendment”) with the Secretary of State of the State of Delaware after the twenty calendar day period has elapsed. A form of the Certificate of Amendment is attached to this Information Statement as Annex A.
We are furnishing this Information Statement to Stockholders in satisfaction of the notice requirement under Section 228 of the Delaware General Corporation Law (“DGCL”). No additional action will be undertaken by us with respect to the receipt of written consents, and no dissenters’ rights with respect to the receipt of the written consents are afforded to Stockholders as a result of the approval of the Increase in Authorized Common Stock, the Decrease in Preferred Stock Par Value and the 2014 Stock Plan.
This Information Statement is being mailed to Stockholders on or about August 6, 2014.
Before that happens we are going to go lower.
Very soon VTEQ will fly
One of the reasons I am here is because of Tony I trust him he told me about MRIB three weeks ago he said he was waiting for some confirmation from associates that he deals with day-to-day basis he felt very comfortable to let me know to take a position in MRIB he said things are lining up for a positive outcome he felt very strongly about me knowing this is not a pump and dump deal!
Don't worry they'll be plenty of Buyers jumping all over this
Right now I'm on the stock site because I know what this guy can do you guys are all in for a big big surprise watch and see this will not stay here much longer anyways I am going to be buying a lot more planing to buy over 1million shares for now clearing up couple of other positions I will be buying little more today definitely next week big chunks Before the move
Here's my buy for the day from TD Will be buying a lot lot more
Status Action Quantity
Symbol Type Price
Act. Price
Time-in-Force Reported Filled Buy 267200 MRIB Limit0.185 -- -- 13:25:03 07/11/14
Filled Buy 2500 MRIB Limit 0.0182 -- -- 12:51:08 07/11/14
Filled Buy 60000 MRIB Limit 0.0185 -- -- 11:50:15 07/11/14
Filled Buy 80000 MRIB Limit 0.0185 -- -- 11:49:40 07/11/14
Filled Buy 10000 MRIB Limit 0.01837 -- -- 11:49:40 07/11/14
Indicates non-standard option
Market data accompanied by D is delayed by at least 15 minutes for NASDAQ and options and 20 minutes for AMEX and NYSE.
Duration of the delay for other exchanges varies.
There's a gentleman that lives in Pasadena by the name of Tony I've been talking to him he knows quite a bit about this company he's been telling me take a good position in this company tony is one smart cookie when it comes to how to get the word out look out this guy well-connected I know because I've seen what he's done to other stocks that he has stepped into one of them was called plug i'm sure you all know where that went he called me back in a days when that was trading in pennies look where it's at now I know for fact he works with couple hedge funds out of New York and Chicago he's Armenian so is the founder of this company I bought more today good luck to everyone believe me we are in good hands.
Across the world, the call for using renewable sources of energy for electricity generation has been increasing. In terms of megawatts shipped, the stationary sector continued to lead the fuel cell industry thanks to the large size of individual units with a predicted 52% increase for 2013 with over 190 MW of newly installed fuel cell power (Fuel Cell Industry Review 2013). Fuel cell markets will grow from an estimated $629.8 million in 2013 to $2.5 billion by 2018, with a CAGR of 32.2% from 2013 to 2018 (Markets and Markets, Dallas, TX).
Toward the goal of meeting the world's thirst for affordable, plentiful, and clean energy, GEI Global has developed targeted global customers and markets that include large scale power generation, data security and telecommunications, back-up stationary power, disaster and emergency relief, military and marine ancillary power, and commercial real estate.
Within the fuel cell industry an improved heat transfer and fluid flow management is critical to an extended fuel cell membrane life and fuel cell stack longevity as evidenced by the increased fuel cell stack voltages, which leads to an increased fuel cell stack power density. As such, an increased power density results in a smaller fuel cell and less occupied space which reduces overall system cost.
"The improved high temperature PEM (Polymer Exchange Membrane) fuel cell stack design will allow GEI Global to aggressively scale our commercialization time-table for deployment of clean, efficient, and environmentally friendly fuel cell power systems in Italy, India, and the Dominican Republic", Dr. Berry continued. "We expect this development to allow GEI Global to exceed the 50,000 hour membrane life cycle requirements while operating on cost-effective natural gas and providing primary power for stationary and auxiliary power applications. The GEI Global hybrid energy technology architecture also benefits from prior US patent (US 7,843,185) which allows for the integration with solar and wind and other alternative energy sources. This integration improves the ROI for both by ensuring consistent premium power independent of environmental conditions while significantly reducing the cost of energy for fuel cell operations."
You'll find out which one is garbage soon
This is not your ordinary pennystock tightly held altogether what do we have 48 million shares GEIG is real company I don't see any BS promotion pump and dump lots of developments are happening we should be seeing good news coming out of Europe once things get started I think this will explode! http://www.otcmarkets.com/stock/GEIG/profile
Very interesting check it out enter the symbol http://shortanalytics.com/index2.php. Date Symbol Name Short Volume Long Volume Total Volume Short%
2014-07-09 GEIG Gei Global Energy Corp. 1915053 4662645 6577698 29