Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hello to all. This looks interesting indeed. I'm going to spend the weekend and do a raft of DD. Hoping to be able to contribute something meaningful here.
GLTA
I don't think so. I've been following it for one year ... adding to my position. I firmly believe that its about to be spun-off and that a reverse merger will take place with a privately-held company called Global Convergence Solutions, which is also an innovative software developer ... for ASYI's $32,5 Million of tax deferred assets.
The company was engaged in the business of producing a revolutionary software for the airline industry. It sold two copies of that software, at a lease price of $1 Million per year to two international airlines. And then, in September of 2011 its CEO suddenly resigned.
I and others believe that the company has restructured itself and is about to spin-off from ASYI, who will then be merged into another company.
Show me ANY OTC stock whose 10K says the following, which is what ASYI's says:
“The Company has net operating loss carry-forwards, including from its [two] Canadian subsidiaries, which are available to offset future taxable income. At December 31, 2010, the Company has U.S. accumulated net operating loss carry-forwards of approximately $25,477,000, due to expire beginning 2025, and Canadian accumulated net operating loss carry-forwards of $6,007,000, due to expire beginning 2027.”
And that was taken from the 2010 operating year. The NOLs have since GROWN.
It's claimed that TDA has a chill ... but I've never been able to confirm that. I use etrade and Soctt. No chill there.
It is, however, become difficult on many days to purchase the stock, even though there's alway 70 to 90 million available on the Ask for $.0001.
I presently hold 117+ million shares and add when I can.
ASYI - Take a VERY close look at this!!!
This stock, which has over $32.5 MILLION of accumulated Tax Deferred Assets (and no more than $4 Million of debt), has been cellar-boxed at $.0001 no bid for almost a year ... and yet it's still experiencing average daily volume of 2 to 3 million shares per day as traders continue to add to their positions.
There have been a near-CONSTANT stream of rumors involving a corporate re-structuring, spin-off and reverse merger.
Several very excellent posters have been following ASYI for a year and have posted very meticulous DD regarding the various issues involved in the trade. Thy continue to remain positive about its outcome.
The stock's "key" investor is the hedge fund, Merus Capital, who invested $5 Million in it and has yet to liquidate its stake ... despite an agreement that would give it a $5 Million promissory note that earned $250,000 of interest per year.
I FIRMLY BELIEVE THAT ASYI WILL BE ONE OF iHub's TRULY EPIC RETURNS .. AND THIS YEAR!
ASYI - Take a VERY close look at this!!!
This stock, which has over $32.5 MILLION of accumulated Tax Deferred Assets (and no more than $4 Million of debt), has been cellar-boxed at $.0001 no bid for almost a year ... and yet it's still experiencing average daily volume of 2 to 3 million shares per day as traders continue to add to their positions.
There have been a near-CONSTANT stream of rumors involving a corporate re-structuring, spin-off and reverse merger.
Several very excellent posters have been following ASYI for a year and have posted very meticulous DD regarding the various issues involved in the trade. Thy continue to remain positive about its outcome.
The stock's "key" investor is the hedge fund, Merus Capital, who invested $5 Million in it and has yet to liquidate its stake ... despite an agreement that would give it a $5 Million promissory note that earned $250,000 of interest per year.
I FIRMLY BELIEVE THAT ASYI WILL BE ONE OF iHub's TRULY EPIC RETURNS .. AND THIS YEAR!
Thanks. That's useful. DAMNED useful indeed.
Isn't it OBVIOUS now ... some ELEVEN days after the scheduled date of the closing? MKHD and Forum DON'T want ANYONE to purchase their shares.
Any why would any company desire such a thing, eh?
Look at this link. It's a "Investors Presentation" by Mount Knowledge Holdings for the year 2011. Scroll down to the heading that says "Advisors" ... and what do you see? AIRLINE INTELLIGENCE SYSTEMS (ASYI) ... THAT'S WHAT!
Why is that company shown in Mount Knowledge's Investor Presentation, eh?
And why is "Access Alternative Group, SA" also shown in that document? They are the 3rd signatory to the FRMB/MKHD Definitive Agreement. They are also a hedge fund that owns a substantial number of MKHD's outstanding shares.
WHAT DO BOTH OF THESE COMPANIES HAVE TO DO WITH AIRLINE INTELLIGENCE SYSTEMS, EH?
http://content.stockpr.com/mkhd/media/d77bc99c2e65e1d15238e4beddc684cc.pdf
Close in escrow ... to avoid a filing.
Can't use trailing stops for OTC stocks.
Kudos to you VETERANTRADER ... somebody called me on the phone while I was intent on re-entering (at $2.60) and I didn't climb back aboard until $2.70. I was pissed! BUT I'M ABOARD AND SMILING NOW!!!!!!!!!!!!!!!!!
Resistence Level #1 = $3.53 and Resistence Level #2 = $4.45. AND BOTH RESISTENCE LEVELS ARE PRE THE "GREAT RECESSION" OF 2008 WHEN THE U.S HOUSING MARKET WAS DE-MATERIALIZING!!!!!!!!1
I'D CALL THAT "BLUE SKYS" ARE SMILING AT ME.
Next week is gonna be a MONSTER!!!!!!!!!!!!!!!!!
Thanks. I was hoping to use a trailing stop to protect my profits today ... but e-trade won't permit it.
This is the Wild-West. Got to go with your gut.
If you look at the 5-minute daily chart, you'll see the great and sudden periodic spikes downward (50 friggin' cents) that dematerialized the stop-loss orders here.
Can this trade be traded with stop-loss orders? I don't think so.
Can anyone explain this???
It's my understanding that when you attempt to execute a market order, your broker will take the 3 most recent trades and fill your order at that price.
How then could e-Trade HOLD a market order sell (at 3.10) until it reached $2.60. They are my broker and I was somewhat shaken by what I read about their actions today.
Was it true?
Thank you BLUE for your commentary, insights and continuing due diligence. PLEASE, PLEASE PLEASE keep it coming my man! I'm going to call Corker and see it we can't get you on the Senate Banking Committee!
$2.97??? Wonderful. I walked out of my office at 4:00.
Yes. VERY big! That augers well for Tuesday's open!!!
She's easing out of the channel. GAME ON AGAIN!
ENORMOUS volume! This bad-boy is SMOKIN' again!!!
Not leery of $3.00 this time. Been-there-done-that!
MAKING MONEY (AGAIN) AND INSTANTLY!
BACK IN ... STRAPPED-IN AND SMILING!!!
That's for sure. That is FOR SURE!!!!!
Made $3K here while I SLEPT!!!!!!!!!!!!!!
Out at 2.04. BLESS YOUR HEART BLUE!!!!!!!!!!!!!!!!!!!!!
You've been posting very excellent DD. I also want to publicly thank you for indicating that you stepped out at $1.40 and was awaiting a dip. Not many people who call trades would have the integrity to do such a thing.
I'm still in ... but will exit at a failure of the $1.89 test.
Be well.
REAL nice comment!
Great bottom-bouncer play here ... especially after all the good news.
I'm IN!
Yes. but in a very round-about way. ANY agreement that is actually signed will give us valuable information about what is actually going on behind the scenes in the ASYI trade.
It's now 4:05pm EST. Beatty and FRMB have 55 minutes left to file an 8K regarding the closing of the share-swap agreement .... IF .... it was signed on May 14th, as originally indicated.
We'll see, eh??
NEWS ... NEWS ... NEWS!!!!!!!!!!!!!!!!!!!!!!!!
DANG IS OFF THE CHAIN! UP 18% SINCE THE OPEN! A FIRE-BREATHING CHINESE DRAGON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
AMD drawing a bead on the Goldman Gap!!!! X-BOX NEWS IS ENROUTE!!!!!!!!!
Has news been leaked?!? AMD up 3% in premarket!!!!!!!!!
Right on! AMD up 2.21% in premarket trading!
It's gonna be an EXCELLENT day!
FRMB - the INSTANT that the signing of the FRMB/MKHD deal is announced, Beatty must resign as CEO, as well as any MKHD officers and board members.
Beatty will then have no further public face in any of the doings between and among ASYI-GCS-MKHD-FRMB. He'll be instantly relegated to his old, unimportant position as a board member of ASYI ... a presumed dead POS.
I wonder how that reality will sit on the mind of that crafty old bastard?
For some reason I think that he doesn't plan on leaving the stage just yet.