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another zero on the board and again you mention dilution, what a DB.
Obtuse!
In the last month, there were less than 3 million shares traded. In the last 2 weeks just over 400,000. How from those numbers do you come to the conclusion that its dilution?
The rise in the AS from 125 million to 200 million was just before they released that they had closed the Cyn and Luca acquisition. Since they had no cash it is a reasonable assumption that it was paid for with those shares. More than likely those shares are restricted.
Why would they sell shares at this point? This company had no cash or revenues and they acquired a company with 10 million in sales via reverse merger. The acquisition took place in the quarter that just ended so we should see revenues in the next filing, which should be in a little over a month.
Get your meds straight! You're delusional!
Yeah that big zero on volume is surely a sign of dilution!
How is it worthless? What revenue did the company have before the rm with Cyn and Luca which they stated closed on the 7-25 or the shares the company gets from Direct Led going public? Its all gravy from here forward IMO.
Why an R/S, they only have 120 miilion o/s small for a sub, its frustrated holders spewing bs.
here is a link
www.dtcc.com/downloads/legal/imp_notices/.../dtc/set/0846-11.pdf
there were some posts back in April that it was lifted, never found anything that confirmed that.
Nio is the last one to ask, owned the stock and had no idea it was chilled until someone posted it, not positive it is still chilled.
It's from January 2011 I think.
Etrade, don't own it now but watching.
That is total bs, never had a problem trading this stock.
Whats he referring to, the amended list filed 9/7/12?
Actually the last filing showed them selling over 60 million shares for that quarter. This needs patent award or some other positive news.
"More updates coming shortly on a timely basis"
Just above the safe harbor statement.
Actually they did state that they closed the deal with Cyn & Luca and 11 Sleepwear Brands and have definitive agreements with Avani and Triana and are working on a reverse merger with Avani.
Bid strengthening!
This is about due for a pop.
Effectiveness notices are usually posted after midnight. Alot of S1s are amended a few times before they are approved by SEC. waiting game at this point.
Last PR stated Cyn and Luca and 11 other sleepwear labels and they are in the final stages of an RM with Avani Clothing, just a matter of time IMO.
http://www.globenewswire.com/newsroom/news.html?d=263335
Seems like a done deal to me.
Butler, NJ, July 25, 2012 (GLOBE NEWSWIRE) -- Premiere Opportunities Group, Inc. (OTCQB:PPBL) (OTCBB:PPBL) (www.premiereopportunities.com) is pleased to announce that Direct LED, Inc. (formerly LuminX, Inc.) filed its S-1 Registration Statement with the Securities and Exchange Commission on Wednesday, July 18th, 2012.
Chris H Giordano Co Chairman stated "We have taken a careful and deliberate approach in assisting Direct LED, Inc in carefully planning its pending public company existence as well as how best to take advantage of the large commercial opportunities the Company has been working on.
After being able to qualify certain key relationships that were tantamount in setting the stage for the Company's potential success, it was decided to then file the Registration Statement with the Securities and Exchange Commission. We look forward to working with Direct LED Inc., and their management in showcasing their technology by bringing affordable LED lighting to the masses.
In addition we have closed the acquisition of Cyn N Luca http://cynandluca.com/ as well as 11 other labels in the "sleepwear" category. We have also signed definitive agreements with both Avani Clothing, Inc http://www.avaniclothing.com/ and Triana Stores of Korea. We are in the final stages of moving towards a reverse merger with Avani Clothing in the very near future and then the eventual roll-up of Triana Stores after completing the audit on all 28 stores.
We are working diligently but carefully in putting the pieces together for a successful venue in the roll-up of apparel companies underneath the Global Fashion Holdings, Inc. umbrella. We expect to implement asn agressive program once all the pieces are in place.
Although the terms of the reverse merger are not yet definitive we fully expect the terms to benefit shareholders with the capital structure and equity enhancement provisions that will be in place."
You may be right, no expectations, but if a pos like ZNNC can run anything is possible.
I'm well aware played this years ago, bought a couple million when Ken was appointed, figured it was worth a shot. Looks like a write off, you have to figure if he gets it straightened out an rs and name change would come.
Probably because of what happened on ZNNC yesterday, popped over 1400% after the court removed the CEO and appointed a receiver. Not saying it will happen here, but 200 bucks it could be worth the gamble.
I agree with you, this will go. I would expect Flex Fuel Tech next, President is Michael Giordano-related-don't know. Then Global, Marvin Angel-management of Global was in on the LED S1, seems to be a tight group.
1700 shares is nothing though, been a while since it was at .009
Depends on the company, hoping to see .03 maybe sell half and see where it goes.
Not sure, I'm hoping soon.
I would expect news when the S1 gets approved, in the meantime we may get the S1 for Global. I think we will make out well.
volume would be nice, but this is under the radar, no news and I think most of us missed the S-1.
.009's going may see a penny by close.
added some today, most won't see it till news. Now is the time to add under .01 imo.
Looks like it will take out 200 day.
well the Cyn and Luca portion at least.
http://cynandluca.com/The_Team.html
Interesting, Marvin Angel is one of the Execs in Global, so imagine that will be done shortly as well.
just a little patience, it will pop.
Aug 2010, so initial patent should be soon.
Thats bs this has been on the list since Jan 2011 and hasn't hurt trading in the stock. If the company releases anything positive it will take off.
Hit the ask with about 300 bucks it will go to .005
Yes, the Apr 25th PR said week of the 20th. My guess we see 8k by tomorrow with a pr, might be wishful thinking.
actually the week of the 20th.
Agreed, plus they said the week of the 29th originally, would expect something by tomorrow. There filings tend to be late afternoon.