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ditto the AUS$ & NZL$ which I bought for .66USD & .75USD, respectively, b4 I left a few weeks ago vs. an almost 1:1 exchange for both from when I was there last Feb/March. We are indeed much better off than the rest of the world.
Favrille and MyMedicalRecords.com, Inc. Announce Merger Agreement http://www.pinksheets.com/pink/quote/quote.jsp?symbol=fvrl
SAN DIEGO, Nov 10, 2008 /PRNewswire-FirstCall via COMTEX/ -- Favrille, Inc. (OTC Bulletin Board: FVRL) and MyMedicalRecords.com, Inc. ("MMR"), a pure-play health information company focused on secure Web-based storage of electronic Personal Health Records (PHRs), announced today the signing of a definitive merger agreement. The merged company will be focused on continuing to build and develop the MyMedicalRecords.com brand as the premier online PHR for consumers and health care professionals.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080404/LAF521LOGO)
"We believe that the proposed merger of Favrille and MMR is consistent with our objective of offering our creditors and stockholders the best available outcome and will result in an organization that is uniquely positioned to fulfill an unmet need at this time when so much of the attention on healthcare costs in the U.S. is focused specifically on the burden of administrative costs and the widely-held belief that personal and electronic health records are crucial to reducing those costs," said John P. Longenecker, President and CEO of Favrille, Inc.
"Health information technology and the management of PHR's are at a revolutionary turning point," said Robert H. Lorsch, CEO and President of MyMedicalRecords.com. "Giving consumers the ability to maintain their medical records securely online leads to higher quality care at reduced costs. MMR's proprietary technologies enable consumers and healthcare professionals to create and access a PHR anywhere in the world. We believe this transaction with Favrille will give MMR broader access to the investment community, which is essential to our sales and marketing strategy and continued expansion of our customer base."
Details of the Proposed Transaction
Under the terms of the merger agreement, Favrille will acquire all of the capital stock of MMR, in a stock for stock merger that would result in MMR becoming a wholly-owned subsidiary of Favrille with the existing equity holders of MMR owning approximately 64% of the equity of the combined company on a fully diluted basis. The existing common stockholders of Favrille would own approximately 29% of the combined company. Approximately 7% of Favrille's equity would be newly issued in the form of warrants to purchase common stock to certain creditors as settlement for a portion of Favrille's outstanding debt obligations. In connection with the execution of the Merger Agreement, Favrille extended MMR a bridge loan of $500,000 (in addition to the $100,000 previously extended) that MMR will use to fund its operations and transaction expenses until the closing of the Merger. MMR was founded in 2005, is in the early stages of its business plan and has not yet achieved profitability. The merger is intended to qualify for federal income tax purposes as a tax-free reorganization under the provisions of Section 368(a) of the U.S. Internal Revenue Code of 1986, as amended.
The merger agreement has been approved by the Boards of Directors of both Favrille and MMR and will need to be approved by MMR's stockholders. The merger is subject to customary closing conditions as well as conditions requiring Favrille to settle existing creditor claims, consistent with a creditor plan executed by the parties in connection with the merger agreement, Favrille meeting certain minimum cash requirements as of closing and the completion of audited financials for MMR. The merger is expected to close by year end. It is anticipated that post merger, the combined company's common stock will continue to be traded on the OTC Bulletin Boards.
About MyMedicalRecords.com, Inc. and Its Service
MMR offers a secure, easy-to-use, consumer-centric PHR that is available direct to consumers through its Web site www.mymedicalrecords.com. The product also is used as a private label product by healthcare professionals and hospitals, as well as by companies as an employee benefit, and labor unions, insurers and affinity groups as a value-added benefit. In addition, the combined company is planning to launch MMR Pro, introduced during the 2008 annual convention of Healthcare Information and Management Systems Society (HIMSS), which uses MMR's technologies to offer a cost-effective alternative to expensive electronic medical records systems in physician offices.
MMR believes it offers the only PHR that does not rely on any specific electronic medical record platform to populate a user's account. Based on its proprietary patent-pending technologies, the MMR system allows users and their medical providers to instantly fax paper records such as laboratory tests, radiology reports and physician's notes into a secure, password-protected account through a unique, personal "Lifeline" telephone number where they can be digitally stored, shared and displayed online. Scanned files and images can also be easily uploaded from any Internet connected computer. Information is completely controlled by the user without any third party intervention to ensure privacy and confidentiality.
In addition, the MMR service features a proprietary Emergency Login that gives healthcare professionals immediate access to critical user medical information in the event of an emergency. It also offers a suite of health management tools such as automatic prescription reminders, appointment scheduling and an interactive Drug Reference that checks for interactions between over 24,000 prescription and over-the-counter medications, potentially preventing one of the leading causes of medical errors and deaths in the U. S.
MMR leverages its technologies through additional brand extensions such as MyEsafeDepositBox.com, which serves as an emergency preparedness tool that enables users to store all their important documents including insurance policies, financial statements, advanced directives, living wills and health care powers of attorney in addition to medical records. These documents and images can be stored in virtual lockboxes with secondary passwords on each.
MMR markets its products and services to clients that include AFL-CIO unions, Alexian Brothers Hospital Network, Coverdell, MedicAlert, Midwest Research Institute, Qvisory, and XN Financial. MMR also licenses its products in several countries around the world.
Government studies confirm that as many as 97,000 deaths occur each year due to preventable medical errors and it is estimated that over $100 billion is wasted annually using paper-based records that cannot be easily accessed to deliver immediate and accurate care. A Rand Corporation study indicated that total efficiency gains from better use of health IT could be as much as $346 billion a year.
The New England Journal of Medicine asked President-elect Barack Obama to describe his plans for reforming health care, and he reaffirmed his commitment to modernizing the system and calling for expenditures of $50 billion in health information technology. MMR believes that investing in health IT is part of a cost-containment strategy that will contribute to lowering the health care system's overall cost by reducing medical errors and unnecessary duplication of tests.
Headquarters, Management and Board of Directors
Following the closing, the merged Company's headquarters will be relocated to Los Angeles, CA. Robert H. Lorsch, Chairman and CEO of MMR, will become the Chairman and CEO of the merged company. The combined company's Board of Directors will consist of five current MMR directors and two Directors to be named by Favrille.
Additional Information about the Merger and Where to Find It
In connection with the proposed transaction described herein, Favrille will file a Current Report on Form 8-k, with the definitive merger agreement and other related agreements as exhibits, with the SEC. Favrille and MMR stockholders will be able to obtain a copy of the Form 8-k, as well as other filings containing information about Favrille, without charge, at Favrille's website (www.favrille.com) and the SEC's website (www.sec.gov).
Statements in this press release that are not strictly historical in nature constitute "forward-looking statements." Such statements include, but are not limited to, statements regarding the proposed transaction, including the timing for closing, the potential value created by the proposed merger for Favrille's and MMR's stakeholders, the benefits provided by MMR's products, including cost reductions, improved care, and reduced medical errors and deaths, proposed reforms to the U.S. healthcare system, the role of MMR products in lowering the health care system's overall cost, MMR's access to the investment community and financing post-closing, conditions to closing the merger, including Favrille's ability to settle creditor claims, the continued listing or trading of the combined company's common stock on the OTC Bulletin Boards and MMR's ability to obtain patent protection for its intellectual property. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Favrille's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, the risk that Favrille and MMR may not be able to complete the proposed transaction in a timely manner or at all, the risk MMR's products are not adopted or viewed favorably by the healthcare community, the risk that Favrille's cash at closing will be lower than currently anticipated, risks related to the current uncertainty and instability in financial and lending markets, risks related to the listing status of Favrille's common stock on the OTC Bulletin Boards, risks relating to Favrille's ability to negotiate settlements with its creditors, risks relating to the ability of Favrille and MMR to satisfy conditions to closing the proposed merger transaction and additional risks discussed in Favrille's filings with the Securities and Exchange Commission. The combined company will also be subject to a number of risk and uncertainties, including risks relating to the need to have access to additional capital to finance the business until it can generate sufficient cash flow from operations and risks relating to the adoption of personal health care records and the development of a viable revenue generating business model. All forward-looking statements are qualified in their entirety by this cautionary statement. Favrille is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.
SOURCE Favrille, Inc.
URL: http://www.favrille.com
http://www.mymedicalrecords.com
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
-0-
KEYWORD: California
INDUSTRY KEYWORD: MTC
HEA
OTC
SUBJECT CODE: TNM
That trade was reversed/busted at end of day. Also, even though there is still no filing, it DID resume trading today on the Gray Sheets ("unsolicited" - MMs are NOT required to show bid/ask), which is a start, albeit a pretty dismal one...lol
Here are today's trades:
0.005 1652
0.0003 2000
0.0003 97000
0.0001 95000
0.0001 103000
0.0001 4000
0.0001 99000
0.0001 -1652
For anyone who got stuck in this scam (as I did), it's probably worth setting a GTC sell order & HOPE that some day some other fool will put in a bid & take your shares.
I personally see no hope for any recovery here. The CEO is clearly a crook.
Good Luck!
Buy the Titanic and Double Down on the Hindenberg!!!
I understand. I lost my sweet Priscilla (aka "Peaches") on Feb. 10th after almost 14 years of unconditional love. She was my child (actually, it was more like I was hers...).
As for IAHL, I've been stuck in this POS since whatever the hell it was before the RS!!! Maybe one day it'll wake up again, but I'm not counting on it. Until then it's just ugly, nasty mold in one of my accounts.
RIP "Peaches" 4/15/1994 - 2/10/2008
compromise: a roaring meow?!? lol -e-
crazy...pimping shoes on ihub rofl
friggin bozo
already TOS'd
surprised nothing's tanking on that BS commentary...yet
TRKB deserves some special recognition too
based on yesterday's & today's action...~240 MILLION puked mostly @ .0001
TrackBets? hmmmmmm...more like HorseSh*t...LOL
26Aug08 News was out on PRNewswire via eReleases on the same date: http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/08-26-2008/0004873466&EDATE=
eReleases.com is in an alliance with PR Newswire to write and/or issue inexpensive news releases for small business owners: http://www.ereleases.com/pr_newswire.html
Hope that clears up some of the confusion.
Dunno why it's not linked to the website though...kinda odd...maybe their webmaster needs a kick in the pants and/or they need to update their feed aggregator????? Just a guess, FWIW...
Here's some more DD ~~~ I smell news coming ~~~ GO CINT!!!
CINT's "Statement of Use" for the "INTELLIFARES™" Service Mark (i.e., Trademark - ™) was accepted for REGISTRATION (®) and USE IN COMMERCE by the U.S. Patent & Trademark Office just SIX DAYS (20August2008) before their last PR about "...making INTELLIFARES available to the general public..." (26August2008).
The USPTO Registration Serial Number for "INTELLIFARES®" is 77000857.
Coincidence with respect to the timing of the PR with the Registration of "INTELLIFARES®"??? Perhaps, but read on & check it out for yourselves if you're interested...
The USPTO.gov server "times out" users, so I can't post a link, but here's how to get to the relevant documents for the "INTELLIFARES®" "Use in Commerce" filing, review & approval process documents:
1). Click this link: http://uspto.gov/
2). Click on "Trademarks" in the left hand column
3). Click on "#5 - Check Status (TARR)"
4). Enter the Registration Number (77000857) in the search field & click on "Request Status", which brings up a summary of the information
5). To view individual documents pertaining to the actual "processing" of CINT's Statement of Use for their Trademark/Service Mark Registration:
a). Click on the "Trademark Document Retrieval" link on the third line of this summary information
b). Click on each document you want to view by starting from the date that CINT filed for Trademark protection of "INTELLIFARES™" (15September2006) to the last four documents mailed to CINT on 20August2008, paying particular attention to the "Notice of Acceptance of Statement of Use" & other documents dated 20August2008
c). You can also click on an icon to view each document as a PDF file, but I couldn't figure out how to save them in an "uploadable" format.
~~~ A bit more DD pertaining to CINT's Patent follows below. ~~~
CINT PATENT INFO:
Here's a way to view CINT's Patent, which was published on 28February2008 via PCT ("Patent Cooperation Treaty") with the World Intellectual Property Organization ("WIPO"):
1). Click this link: http://www.wipo.int/pctdb/en/index.jsp
2). Type "WO2008024118" (WITHOUT the quotation marks into the second search field ("Publication Number") & press the "Search" button.
3). Click on the link for the result of the search.
This will pull up the relevant Peter Gallic/Peter Dugan/CINT International Utility Patent Publication entitled "SUBSCRIPTION MANAGEMENT FOR PERIODIC TRAVEL SERVICES".
(NOTE: The WIPO server also "times you out" after a period of inactivity -- maybe some "techy-type" can figure out how to upload the PDF file to a file-sharing site if you want to post this in the IBOX so that anyone can read CINT's Patent for themselves.)
As an "FYI", filing for Patent Protection via PCT with WIPO is the biggest "bang for the buck" way of filing a PRIORITY CLAIM for International Patent Protection. In CINT's case they filed their "Priority Claim" in the United States on 25August2006 (the "Priority Date").
Another "FYI" regarding PCTs, the PRIORITY DATE sets the timeframe to file for Individual National Patents in each of the countries in which the "Inventor" wants Patent Protection.
In other words, the "Inventors" (Peter Gallic & Peter Dugan on behalf of CINT) then generally have 30 months from the "Priority Date" (i.e., the initial "Filing Date" to enter the "National Phase" of the Patent Application in ANY or ALL of the Countries in which they want to apply for National Patent Protection (i.e., the "Designated States").
PCT filing is an inexpensive way to file for Intellectual Property protection without having to file Individual Patents in EACH country; it "extends" the timeframe for modifying and carrying out the business plan and gives the "Inventor" the most flexibility at a reasonable cost...less $$$ upfront.
Judging from the number of Countries they list in the PCT as "Designated States" (over 100 Countries!!!) it appears that Mssrs. Gallic & Dugan have allowed themselves quite a bit of leeway to expand their Intellectual Property protection!!!
GLTYA!!! & Happy Trading!!!
BTW, I've flipped CINT a couple of times & am currently holding a core position to which I intend to add on any dips, as I did on Friday afternoon's EOD whacking. :)
"So we sailed up to the sun...till we found a sea of green..."
FYI: pinksheets.com auto-updates Market Cap EVERY day for ALL stocks. It uses the previous day's closing price x last reported # of OS shares for that calculation.
"So we sailed up to the sun...till we found a sea of green..."
IHUB BOARD "LURKING INDEX": http://investorshub.advfn.com/boards/Most_Read.aspx
RDWG is currently #5 most read today, with relatively few posts (thank goodness) ----> LOTSA "lurking" LOL
RAH RAH SIS BOOM BAH!!!
Someone deserves a prize for number of (pointless) posts LOL
Poster Summary For: Road Wings Inc.
Member Last Post Posts
cjstocksup 08/11/2008 02:18:40 PM 1389
investolator1 08/11/2008 02:16:07 PM 647
firemandave7 08/08/2008 02:12:19 PM 643
jimmybob 08/10/2008 09:57:16 PM 337
JCB5 08/11/2008 11:15:43 AM 240
whatever1 08/11/2008 01:25:28 PM 177
The Real Titan 08/11/2008 02:14:55 PM 174
Bobby1010 08/11/2008 11:56:51 AM 162
Maldical 08/11/2008 01:20:32 PM 121
rkor 08/08/2008 03:26:50 PM 116
dweeb79 08/11/2008 05:49:15 AM 109
Specs 08/11/2008 01:16:57 PM 94
moores2009 08/08/2008 10:21:45 AM 93
sublime740 08/11/2008 11:44:16 AM 92
mc6102 08/11/2008 02:13:22 PM 92
geoart9 08/10/2008 12:06:21 AM 84
zoro5304 07/30/2008 09:07:33 AM 81
TAKI 08/10/2008 08:24:25 PM 81
MoneyBoost 08/11/2008 12:28:32 PM 80
THEDREAM777 08/11/2008 02:14:27 PM 75
http://investorshub.advfn.com/boards/BoardPosters.aspx?boardid=10287
"So we sailed up to the sun...till we found a sea of green..."
Membermarked for your comment on my post & your EXCELLENT taste in music & other vids!!! Keep 'em coming!!! I'll post some of my faves too.
Cheers!!!
Bob :)
BTW, I forgot about one of the rules of my "first post" here: JETS (the "bux" in me can't help it!) & BOTH the Illini & Bruins (I know it doesn't make sense, but I'm an alumnus of both! LOL)
Hey Dave. Just taking a quick break here from doing more clinical trials stuff for my biotech business venture in Asia...ughhh...I just wanna veg out watching the tube for a few days, but that unfortunately is a "no go" for me at ANY point in time these days.
I wanted you to know that I wasn't being rude cuz I didn't check or respond to PMs earlier. Try to imagine me sitting here at my desk today:
1). trading four open stocks positions (LCC, UAUA, AMR & KNOT) I wanted to close before end of day (I prolly had about 25 charts open all at once)
2). running scans for other possible stock entries (as if I wasn't busy enough already...I get really whacked out sometimes LOL)
3). watching what's happening with the RDWG drama (NOT worried, BTW, PATIENCE has to prevail at this point)
4). participating in the live chat room at times for a change (I hadn't really been "active" in the chat much as of late)
5). cleaning up clinical trial protocols translated from Chinese into English
6). getting distracted by stuff on TV (CNBC/CNN/ESPN) & my dogs demanding my attention every now and then.......
You catch my drift...I'm suprised I don't blow a fuse sometimes & have to get hauled off in a restraints to the looney bin! LOL
Hoping things slow down a bit in the next few months, but I don't see it happening (never mind a couple more likely trips to Asia before year's end), so my mind's not really been on sports AT ALL lately. I have very little time for distractions, so prolly not gonna be much aware of what's going on in the sports world for a while (I hope I'm still welcome here even though I prolly won't have much to share about football...I can always experience the season vicariously through the posts of those folks in here LOL).
Re: ETNL: I have always thought it was a good business idea & I bought into & traded ETIM when it started...made good $$$ on it too. But as you are becoming aware of how things work out for start-up companies, it doesn't always "fly" as one would like.
Most start-ups have to do financing one way or another until they actually have a revenue stream that gets them into the debt-free zone & with positive numbers on their balance sheets. Unfortunately, in the early stages, that comes in the form of selling shares to raise $$$ for continued operations and/or to pay for employees, consultants, accountants, attorneys, etc. (i.e., dilution).
Since they can only raise so much ($1M per year in pinks - Rule 504 - "mc" on RDWG board has a good post explaining how that works) AND cuz traders lose faith in the stock when that happens, PLUS the way the OTC/OTCBB markets are nowadays (flipping/scalping for the most part), eventually the price tanks to .0001 & the stock often goes bidless for long periods of time.
Oftentimes, Reverse Splits also happen along with increases in Authorized, Issued & Outstanding share counts (e.g., ETIM reverse split ---> ETNL ----> followed by more dilution....), which helps the company with maintaining operations, but for traders/investors it HURTS the price/value of the stock and if you're holding when that happens you're screwed.
Better off giving the $$$ to charity in my opinion. This is my brutally honest opinion, & I know you appreciate honesty & integrity...and I lack neither. PLAY the game so you make sure you can STAY in the game.
Glad you came into Bill's room today...go there whenever you can cuz it IS a good place to learn AND remember that you are playing against other traders (you'll SOON find out who's a friend & who's a foe in there), so it's a good idea to even just LURK or keep the chat window open even when you're not around so you can go back & review the scroll of the day so you know what's going on.
...& STOP APOLOGIZING ALREADY, for Pete's sake!!! It's entirely unnecessary!!! ("IMHO", "JMHO", whatever...LMFAO!!!)
Just be aware that like there are folks in there who are nice and truly team players, but there's also lotsa snake-in-the-grass types too.
Yup, I believe in the Eternal Image business idea. Everyone's gonna die sooner or later (unfortunately, I'm no stranger to death in my personal life, and as a Pathologist...well, let's just say I've seen MORE than my fair share of corpses LOL).
There's a LOT of diehard sports enthusiasts, animal lovers & religious folks who would want to have a custom casket/urn for themselves and/or their loved ones, so for the company's sake as well as for those who believe in the business model I hope it flies BIG TIME. In fact, I believe it eventually will, but they need to land some SOLID contracts & team up with some PRIVATE equity to finance their operations to really be able to SOLIDLY penetrate the HUGE funerary market (gawwwwd...I just realized that kinda sounds a bit "necrophilic" in a sick, twisted kinda way LOL).
Until then, as is commonly said, "TRADE the POS" (remember what I told you about AT LEAST getting your initial capital out ASAP to be on "freebies", but remember too that those "freebies" have VALUE...until the stock tanks, goes bidless and/or reverse splits...ALL are possibilities in the land of start-up public companies).
My rambling on and on here while my Chineesey-Engligh clinical trial writing remains unfinished is a sign that it's time to say "Hasta Mañana" bud & get back to work!
Have a TERRIFIC weekend & enjoy your time with your family & other loved ones...life's just too damn precious & short to do otherwise!
Cheers!!!
Bob :)
Minutes from the April 22, 2008 City Council Meeting, City of Villa Park, CA:
http://www.villapark.org/Agendas-Minutes/minutes042208.pdf
See Item #20. Approval by City Council to authorize City Manager to execute the Licensing Agreement with OneFi.
It's in the minutes of the City of Villa Park City Council Meetings that they approved the contract & installation....DONE DEAL.
DEAD ON TARGET there Dave. I say let 'em do what they have to do. No need to bombard them with incessant phone calls & emails. They're aware of what's happened & know that in order to stay viable/credible they must do the right thing.
TAKI: I just placed a SELL order for xx,xxx,xxx shares of RDWG @ .003 GTC...those idiot MMs better have a HUGE TOASTER ready to get inside of cuz they gonna be FRIED!!!
I'm gonna "hold 'em & toast 'em" as you say...LOL
I HOPE everyone follows suit & HOLDS IF the company puts out the right news.
Looking forward to the morning!
GLTYA
Cheers!!!
Bob (aka "looz")
"So we sailed up to the sun...till we found a sea of green..."
VNDM, UBSS, SBSH, etc are Market Makers
here's a link to a listing of MMs & their info: http://www.alphatrade.com/E_Gate/tails/java/classes/resources/level2/marketMakerIDs/m.html
check out these IHUB boards for lots of other useful links for LEARNING:
"LERN" Board: http://investorshub.advfn.com/boards/board.aspx?board_id=7267
"Learn To Trade": http://investorshub.advfn.com/boards/board.aspx?board_id=11428
"Level 2 Education": http://investorshub.advfn.com/boards/board.aspx?board_id=10298
Check 'em out, learn & Good Luck!!!
Cheers!!!
"So we sailed up to the sun...till we found a sea of green..."
VNDM was the original axe that started this dump, FYI, & then the other scumbags UBSS & SBSH jumped into the dumpathon
OT: yeah, it was something insane like that in 2006, but I was referring to LAST summer (2007)...look at May/June it went from like .25 to $1.20...check PAVC board here...all the dirt's there if memory serves me well.
I've put that POS outta my mind...got burned on it cuz I didn't "babysit" it properly! LOL
Also OT: remember PAIV (now PAVC)...check that one out last summer for another example.
OT: example of a "mini-MOASS" ---> pull up a historical chart of AWYI & look at January 2007 to see what can happen; was a RegSHO squeeze play if I remember correctly, but I'm old & tired, so WTFDIK?!!??? LOL
Seatbelt securely fastened here...hope the right sequence of events happens (PR by Travis of "no change in AS; there was NSS, etc." AND the folks (including me) who bought more on today's flush play it right & HOLD 'EM TIGHT to force the squeeze.
GLTYA
Can you say "MOASS"?!!!???? I can smell it coming.
Even though I "wasn't around" today, I was...just silently working at my desk on a project...& believe me I pulled the trigger "bigly" when I saw the flush commence!
Looking forward to tomorrow..."BIGLY"...LOL
Cheers!
Bob :)
Market Cap means nothing right now, but it is defined as # of shares Issued and Outstanding multiplied by the price per share at the close of each day, which is the number you'll find on pinksheets.com every day.
Over 600,000,000 shares were BOUGHT today & IF there was short selling (was is my opinion, FWIW) those shares sold short will need to be covered by whoever sold them. That's why this sucker will FLY again IF the company puts out a PR that states "no change in Authorized Share !; this was naked shorted".
...a lil' juicy contract/progress in that news will also help create a MAJOR MOASS (Mother Of All Short Squeezes).
Cheers!
OT: ughhhhhh LMAO @ your siggy with that SLJB scumbag
Glad to know I'm not the only one seeing that! The right side of that BIG DUBBAH-YA will form rather quickly, IMO, IF the company confirms "no change in AS"....BRING IT ON TRAVIS!!!
MOASS!!! MOASS!!! MOASS!!! LOL
(BTW, OT: That flick is one of my ALL TIME favorites...excellent cast & Ethel Merman is a friggin' HOOT...ALL of 'em in it are HYSTERICAL!!!)
GLTYA
"So we sailed up to the sun...till we found a sea of green..."
LOL...glad I wasn't the only one who disagreed on this :)
I respectfully disagree w/you re: the "Three Line Strike" cuz today's close was nowhere near the open of the first of the "Three White Knights". I think the "V" bottom reversal followed by some expected selling/churning to get those who entered in the triple zeros out so we can move onto the next leg is more important here if you're gonna analyze it from a strictly "chart-wise" perspective.
IMHO, today's action was just consolidation & whacky retail selling by those who follow the "3 day rule" for pinkies/subbies & didn't exit yesterday.
There were those who were bashing & screaming the "dilution" BS again, but I didn't see it & there simply wasn't enough volume for it. Most of the selling was through retail MMs...just traders exiting...many of 'em (idiotically) on the bid because 1). they don't know how to sell into strength & 2). bid support was pretty weak, at best, today, so they whack whack whack...LOL
Probably a lot of folks don't know about "Three White Knights" or "Three Line Strike" so here's a link if you're interested: http://www.fxwords.com/b/bullish-three-line-strike-candlestick.html
Tomorrow & beyond this will churn some more & buyers will return once sells have settled, etc. & folks see a continuation. Also, at these levels we will need flippers for liquidity, so I have no issues with those who wish to do so (I flipped some myself yesterday from the morning dip & into the afternoon momo, on the ASK, of course!!! (wish more folks would do that instead of hitting the bid for their exits, but different strokes for different folks & lots of different strategies abound........yada yada yada) LOL
Again, just my opinions, nothing more, nothing less. FYI, still holding quite a few here myself.
GLTUA
"So we sailed up to the sun...till we found a sea of green..."
This action needed to happen today. Gotta churn through all the shares bought in the triple zeros for those who want to move on, plus I'm sure you're aware that many have a "3-day rule" for up days on pinkies -- they sell 'em & move on. Held support nicely towards the close...very good sign of more to come IMHO. It's just gonna take some patience, which unfortunately so many are lacking.
I actually added .0016s & .002s today, which I wasn't planning on doing until higher up but I felt confident enough to do so & wanted to show it especially when I read that certain idiots had returned to bash. We will be rewarded. I lack neither patience or integrity, & for the record, I hold a substantial core position of "freebies" at a MUCH lower pps than today's LOD, & also for the record I flipped some I snagged on yesterday's morning dip when MM PATH showed up on the ask & shook some out, but I sold 'em on the ASK & into the afternoon MOMO. Jeez, I wish folks would get a clue as to how to sell...LOL
Membermarked you for your insight & style! :)
the downticks after your .0019 buys & my .002 buy tells me MMs are playing games to shake on today's low volume & light selling.
Anyone selling here will chase later IMO. Not worried one bit here. :)
Ok I'm smacking the ASK here for 300K
yup. bid ut good sign & buyers coming in. close that spread & boom again IMO
re: ..."this stock just had 3 up days stocks do come down..."
agreed. markets go up, down & sideways...low volume selling & consolidation today on RDWG; don't want this to take off like a rocket; slow-n-steady is always better than "pop-n-drop"
to keep tabs on markets overall check: http://finance.yahoo.com/advances
decliners/no change leading advancers in the BB mkts today
also, be aware that some folks have a "3 day rule" ---> they will sell on or after the 3rd day up.
no worries here IMO. everyone take a chill pill, especially when folks come onto the board & bash...pitiful losers with too much time on their hands.
dunno who was bashing earlier cuz I can't see their posts, but I've got a fairly good idea from who's on my IGNORE list...IGNORE is a very useful button to push versus letting bashers come in & push YOUR buttons LOL
RELAX folks!!! All's well. :)
"So we sailed up to the sun...till we found a sea of green..."
YUP. I was born that way; pushing 50 now & STILL crazy after all these years. LOL
NO dilution, just morning pullback. Amateur Hour almost over.