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Wow, I was going to buy those at .0002 tomorrow too. Crap, should have just done it today but was in meetings all day and decided not to. ARGH
That is great for technical traders and the beauty here is that the business itself is very intriguing. Redwood Capital has facilitated numerous public placements/offerings already and I am very interested to see what happens with Redwood Asia PE Fund and Redwood Securities. Redwood Asia PE Fund has 50m dollars in it and we don't know anything about Redwood Securities yet. This stock was hammered due to a 1.5+ billion share offering a few years back that was needed in order to continue operations. Well, those shares are finally gone in my opinion and the business has made huge strides and the share price will start to reflect the value here. RDWD is a real company that has closed deals and looks to be expanding their business.
Throw in the technical indicators are there for a run....perhaps some foreign investor interest coming soon....HUGE run coming in my opinion.
His timing was off. Didn't take into consideration all the conversions that still needed to take place. The business itself was decently sound then and is even better now. RDWD has 10x runner written all over it in my opinion.
RDWD is ready IMO...Dilution appears to have stopped about a month ago and just waiting for the masses to realize what we have here with RDWD. Their PR yesterday gives some foreshadowing of positive things to come.
RDWD - read the news carefully and you will see some huge, huge, huge potential and foreshadowing for news to come. That PR was killer yesterday and yet nobody noticed it. Sleeping giant in the making IMO....I have had multiple 10x runners in the last year and expect RDWD to be my next.
All my opinion
What is there to post about? Dilution seems to have stopped so can't whine about that and nothing new on the PR campaign.
RDWD - The presentation was exciting, upbeat and extremely well-received by the room full of investors at the Summit.We will have more to say about Redwood's participation at this event in the near future."
"more to say about Redwood's participation at this event in the near future."
Be ready for a nice upward move IMO once the news from this summit starts coming in.
"The presentation was exciting, upbeat and extremely well-received by the room full of investors at the Summit. We will have more to say about Redwood's participation at this event in the near future."
WOW. So, RDWD was involved some more...might help explain some of the large blocks of buys the last couple days.
I don't think you are late at all. Just in time really IMO. EOM
Exactly. Hasn't anyone else noticed the diluter is gone?? All retail the last week. RDWD is getting primed for a nice run here IMO. It will be too bad if some of the long time longs sell at first sign of any movement IMO as this is finally ready.
All my opinion of course.
RDWD is pretty thin for a sub .001 stock. Could run nice IMO.
RDWD - going. EOM
RDWD - .0003 EOM
RDWD - I really am starting to like that one and it appears dilution has stopped. Been watching very closely the last couple months and the faucet definitely has turned off for the last week. Never know if it will turn back on of course but this is the first time in several months I have seen it turn off at all. They have a very solid business and I have just been waiting for the financiers to get done converting/dumping and it really looks like that may finally have happened. No buzz yet either. Buy when just a few are looking....
All my opinion.
That is just one company and there is more to that story than one might consider at first glance....HUGE short positions, etc. On the other hand, wouldn't everyone be happy here if RDWD were working with a multi billion dollar company bringing them to the public markets? There is fraud in China and in the U.S., Canada, etc. Don't try to kid yourselves to think otherwise.
All their filings have been stating 980M authorized. They simply are becoming current on all fronts. If 980M is news to people, then they haven't done much research IMO. Their articles of incorporation and filings on otcmarkets have stated 980M for quite some time. They appear to simply be updating and becoming current on all fronts. If people are scared by the 980M, they are completely missing the relevance of becoming current for a company that was silent for so long...
All my opinion.
That is AUTHORIZED shares. They have had it at 980,000,000 in their filings and finally updated it with the NVSOS. Very good that they are becoming current everywhere....why the need to suddenly file everywhere and become current?? Hmmmm.....
There were 434,586,685 and 434,586,685 Common Stock shares issued and outstanding on March 31, 2011 and December 31, 2010, respectively.
During the quarter ended March 31, 2010, the Company issued no shares of Common Stock.
During the quarter ended June 30, 2010, the Company issued no shares of Common Stock.
During the quarter ended September 30, 2010, the Company issued no shares of Common Stock.
During the quarter ended December 31, 2010, the Company issued no shares of Common Stock.
UITK - http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=ru&tl=en&u=tais.ru&act=url
- Google translate but shows great first quarter for 2011. There has been some great progress in the last year and yet UITK seems to not care as they never issue press releases. I felt this was because a buyout was imminent and that still may be the case. They are clearly growing the business quite well - it is just that nobody knows about it. LOL.
Active with NV SOS, no dilution, trades extremely thin. Could easily run to over .05 very quickly.
Perfect. Make some money playing the MEDT pump IMO. You called it. Great opportunity to make a good trade IMO. Have some fun. It is a pink sheet stock. You can post all this negative stuff on 99.9% of all pinks. Is this news to anyone trading these? LOL.
By the way, based on their website, they will actually be posting updated financials soon - that is actually quite rare for these pinks. They are active now with NV SOS and their filings are next. Keep posting your negatives, I will buy up the shares that you get people to sell. But, you already said it - you expect a nice pump. Great time to buy and TRADE IMO. Anyone that is buying in expecting anything other than a pump and dump shouldn't be trading pink sheet stocks.
That all being said, I am not so sure this is going to dump like you expect..... will leave it at that
MEDT is not a grey sheet stock, lets at least get the facts correct when being negative on the stock. It is an OTC Pink - big difference. Start trading it, lots of gains already could have been made. Can't sell for more than .0001??? What broker are you using?? Time to get a new broker. I have had absolutely no problems selling MEDT at the ask. Not selling any at this point as this is going to have a nice run to penny land in my opinion.
Why the decent gains on Friday? http://www.medtcorp.com - updated their site giving information that "The Company anticipates that both its December 31, 2010 and its March 31, 2011 Financial Statements will be made available to the public soon."
And also the site gives their new address.
What are the reasons shells (I consider MEDT a shell at this point although technically it isn't classified as a shell) go through the hassle of getting Active with NV SOS and also getting financials filed? hmm...
You can be negative and try to get this to drop some more or you can see the positives and make some money on a nice run up. All my opinion of course. We will see what happens.
MEDT sure runs easy, that is for sure. Not many shares available right now as they were clearly accumulated the last couple weeks. Been watching this one very closely since the NVSOS update and feel it has huge potential.
Yep, MEDT Active with NVSOS again AND getting up to date with filings...hmmm, what are the reasons shells do that?
MEDT - Anyone notice their website was updated a bit? - "The Company anticipates that both its December 31, 2010 and its March 31, 2011 Financial Statements will be made available to the public soon." and also has their new address. Nothing big but I think they are hinting at big things to come IMO.
http://www.medtcorp.com
I like GDSM...it has just been waiting for the right time to really go - small float, recently reinstated. Good one IMO
If you don't trade pinks because of the stop sign on otcmarkets.com, you are missing out on the majority of big runners. Can't believe anyone would base trading on that. LOL
I agree, grabbing a little position this morning.
Agree with you on RDWD. I know you noticed the accumulation the last few days. Getting ready for a nice run IMO.
Highly doubt it is Ravenspear. Will leave it at that. EOM
I must admit that it is rare to find so many loyal shareholders in a pink sheet stock. A lot of people on this board helped build Redwood. I think the nice, sustained, upward trend is going to start soon...
Yep, like I posted yesterday, it was old retail holders selling. It wasn't the company at all IMO. Killed the run but now have opportunity for cheap shares again.
You might be surprised...EOM
Now just have to figure out what business is there that Ari is working with...
I already posted why - Active again with NV SOS and just posted another bit of a clue to those out there that actually do DD - the new address - 8361 E GELDING DR. I won't do all the DD for everyone but will get people started.
New address - 8361 E GELDING DR, Scottsdale, AZ. Interesting.
This looks like 100% retail buying and selling to me. There are many people like you just stated that had bought low months ago and it looked like they were selling today and congrats to them. The stock has a very low OS/AS and moves very easily as seen today. That easy movement is not a sign of dilution. Good luck to you moving forward.
They do that to non-Active NVSOS entities and it takes them awhile to catch on that it has become active again on the NV SOS. TDA is junk IMO for trading penny stocks. I would go with any numerous brokers that offer DAS trader for example or direct ecn routing brokers.
Ari does it to shells he wants to sell IMO. Example - he hasn't become active with POPT. Why? He has a history of reverse mergers and that is why POPT had some runs also but that one he left in revoked status. Why file for MEDT? Everyone can do their own DD. I have done extensive DD on Ari Bass (because of POPT) and I am very happy buying/accumulating MEDT based on MY research. All my opinion
Look when it was updated on there (2009) and then look at the official NVSOS and see the correct 470M. Or call the transfer agent and verify there also.
MEDT - Only 500M AS and just filed with NVSOS to be active again. Ari Bass is known for Reverse Mergers.