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I have been racking my brains searching for where google gets the total market shares for a security that i have been posting screen shots for but can not figure it out.
I could understand market capitalization changing for the simple reason the share price is a constant moving target but the total shares can only change in 3 ways that I can think of:
1. stock splits (reverse or forward)
2. share buyback & retiring
3. dilution where the company trades new shares for cash or other assets.
if anyone knows another way I would love to hear it.
All news looks good.
HNSS News
Remember how everyone was talking about buying at the bid to get rid of the flippers. Well this entity sure did that today. GEEZ!
8)
Punk,
Between the facts you have provided, the T trade layout from one or your previous threads, and what google has listed as shares outstanding, I can only beleive this is the company buying back shares and flippers benefitting from the short term close range of the share price.
Doubt Groffe has anything to do with HNSS shares at this point.
Even the short sales figures are probably not being reported correctly. These T trades are probably showing up as short sales.
I didn't run the numbers on that but sounds logical.
Go HNSS
The reason for the PPS being held down IMO.
The company has been working with a money manager to acquire the shares and keep this at a somewhat tight trading range. If not then the T trades would have been processed during regular trading hours and the PPS sould have moved much further north.
Are flippers part of the problem?
A .007 price range swing is enough to encourage flippers to continue to do more flipping.
How to deal with both?
Buy and hold as many shares as possible and buy at the bid to eat up any cheap shares to force the flippers to move higher to buy back in. Buying at the ask only boosts the short term PPS and entices flipping.
All this is just my opinion and some on here would definitely be included in the flipping group. In the end their is nothing wrong with flipping shares but does little to help the companies long term goals. One goal we all have in common is to make money, even though we may take different paths to get there.
GLTA! Go HNSS
Does that even make sense? I don't think you have completed your dd on this company to come up with that conclusion.
GLTA go HNSS
I hate to put a time on any security, nvm a pink/otc/bb.
IMO this has 2 weeks most to gather shares under .10
Once earninge start to leak out then .18 to .20 is not an unreasonable number. Check the dates for when the earnings are released to be sure.
GLTA Go $STTN
Skim back a couple weeks and look for Eco's posts. It will be self explanatory as to his actions. When investing emotions should be left out.
The stock is currently trading close to a very strong base support level and should only go up from here. Any negative surrounding this stock is either someone trying to pick up more shares around .04 or someone with no patience.
GLTA Go $STTN
Google currently is showing:
Shares: 88.28M
Mkt Cap: 1.03M
Not sure as to the fluctuation in share amounts.
Guess we will see what google says after market and in the following days.
114m, then 73m, no showing 88m
One thing I know for sure, those numbers were much higher last November.
GLTA Go $HNSS
I would have posted a screen shot but can not from work. Later on I will post the screen shot from the other day and the one from today for comparison.
Fasten your seat belts because the ride is going to be fast.
Things are starting to come together.
Per google finance.
# Range 0.01 - 0.01
# 52 week 0.00 - 0.06
# Open 0.01
# Vol / Avg. 2.60M/1.76M
# Mkt cap 860,800.00
# P/E -
# Div/yield -
# EPS -
# Shares 73.57M
# Beta 1.10
I was involved with another similar situation where this was the company buying their own shares.
Good news is coming very soon. GO $HNSS
I'm still here holding every share I purchased.
Whoever is selling is either:
1. taking a loss
2. bought in the very low sub pennies & flipping
3. shorting the position
The truth will not stay hidden forever.
Healthnostics Announces Record Earnings, Surpasses Guidance
The rest of this month and next could be very good for those with some patience.
Go $HNSS
At what point do they reduce the OS that it is inevitable they will be acquired because they are too damned attractive?
Improved value & lower OS.
If you are holding to .50 then at that point over 1.00 would be inevitable. 8)
Good find. ameritrade has them with Shares Out (155.9M).
I am not sure how they calculate the number they come up with but 114m sounds much better. 8) Go $HNSS
I thought it would be at least .05 by now and in the not too distant future .10
I am here for the ride to beyond .10 and have a 2 year window before I will need the funds used to make these buys so I am in no rush and will probably add more on dips.
Just wondering what you consider taking off though? Did you have a price target in mind beyond .02?
GLTA go HNSS
I meant your friends/asociates. If they came in together they could probably dictate what the stock would do. imo
Go HNSS
strength in numbers no? Go HNSS
Charts looking great. MACD looks ready to cross over the MA.
Bid building. Go $HNSS
You would have to think some of the most recent people loading up under .01 were not going to be 100% long.
consolidate and move up much further from here. Patience and enjoy.
Go HNSS
Maybe not today but soon. 8)
yeah, .10 I will surely take some profit. Go $HNSS
Buy is a buy is a buy. Bid or ask, end result is the same.
Enjoy the ride to beyond .10
Go $HNSS
pretty bitter guy about a company you know nothing about or are willing to learn about by reading a full financial 8k release.
Due dilligence goes a long way into making good investment decisions.
GLTA!
they are sure trying hard to shake confidence here pulling this back to the .04's. Play now mm's because the next financials are getting closer to release and then (or before) we resume the most previous climb past .08
GLTA! Go $STTN
buying at the bid - shows up as sell
buying at the ask show up as a buy.
from what i have seen,
GLTA!
Once it pushes through .02 the previous resistance levels have some decent jumps.
HNSS Resistance levels
Love the chart. Go $HNSS
calm before the storm? Still holding all my shares. go $STTN
guess you didn't read the entire filing to come up with that assumption. That seems to be a common development on the boards.
I see nothing wrong with the filing. Advertisements and partnerships to garner more business is a positive.
GLTA! $STTN
Entry into Marketing Agreements with Florida Based Marketing Partners
Form 8-K for SMART-TEK SOLUTIONS INC
Form 8-K for SMART-TEK SOLUTIONS INC
--------------------------------------------------------------------------------
18-Jan-2011
Other Events, Financial Statements and Exhibits
Item 8.01 Other Events.
The following gives details pertaining to certain past marketing agreements entered into by Smart-Tek Solutions, Inc. through its wholly owned subsidiary Smart-Tek Automated Services Inc. (the "Smart-Tek Automated").
Entry into Marketing Agreements with Florida Based Marketing Partners
On June 10, 2010, Smart-Tek Solutions Inc. ("Smart-Tek" or the "Company") has, through its wholly owned subsidiary Smart-Tek Automated Services Inc. (the "Smart-Tek Automated") entered into a marketing agreement with a private company based in Florida dated pursuant to which among other things the marketing partner agreed to provide certain services to the Company including the following: promote and market the business and services of the Company to prospective business customers, developing qualified leads for client customers; placing $20 million in annual gross payroll revenue (or net annual payroll revenue of $6 million) with Company no later than January 1, 2011, assign all existing contracts for its customers to Company, process the payroll for each client using the Company's payroll system on behalf of the Company, and perform certain other administrative functions.
Pursuant to the marketing agreement, the Company will earn certain fees and commissions based on the gross payroll level placed by the marketing partner. As consideration for the provision of the marketing services the Company agreed to pay the marketing partner certain commissions based on the profits derived from those customers accounts assigned to the Company's subsidiary through the efforts of the marketing partner. The initial term of the agreement is for six months and can be automatically renewed every six months unless Company or marketing partner terminate the Agreement. The non-terminating party must receive written notice from the terminating party within sixty days of their intent to cancel the Agreement without cause. If the agreement is terminated without cause, Company and marketing partner agree to use commercially reasonable efforts to execute a client transitions agreement to allow for transition of the customers back to the marketing partner.
There is no guarantee that the client will place a total of $20 million in annual gross payroll (or net annual payroll revenue of $6 million) with Smart-Tek Automated Services, Inc.
A copy of the Marketing Partner Agreement is filed as Exhibit 10.11 to this current report on Form 8-K. For a complete description of all of the terms and conditions of the agreement please refer to the attached Exhibit.
Effective July 20, 2010 Smart-Tek, through its wholly owned subsidiary Smart-Tek Automated Services, Inc. entered into an agreement with another private company based in Florida dated July 20, 2010 pursuant to which among other things the marketing partner agreed to provide certain services to the Company including the following: provide assignment of all existing contracts for customer to Smart-Tek which shall be a part of the agreement for as long as this agreement shall be in effect. The Strategic Marketing Partner agrees to facilitate the assignment of additional contracts, which shall total $40 million in gross annualized billings by 10/15/2010; provide timely information concerning workers comp claims generated by employees of the companies covered by this agreement; collect information from prospects/clients to facilitate company making a price quotation, complete and submit all forms and paperwork company deems necessary to enrol a new customer, and perform other marketing and support services for company as it may from time to time require; company will provide for and pay all Employee Wages, all Payroll Taxes, State and Federal Unemployment Compensation Premiums; and if requested, recruitment, reference checks, initial interviews, pre-employment and random drug testing, and felony criminal background investigation if applicable. Initial term of this agreement is for one year and can be renewed automatically unless one of the parties notifies the other of its desire to terminate the agreement. If the agreement is terminated without cause, Company and marketing partner agree to use commercially reasonable efforts to execute a client transitions agreement to allow for transition of the customers back to the marketing partner.
There is no guarantee that the client will place a total of $40 million in annual gross payroll (or net annualized payroll revenue of $12 million) with Smart-Tek Automated Services, Inc.
--------------------------------------------------------------------------------
- 3 -
A copy of the Marketing Partner Agreement is filed as Exhibit 10.12 to this current report on Form 8-K. For a complete description of all of the terms and conditions of the agreement please refer to the attached Exhibit.
Effective July 23, 2010, Smart-Tek, through its wholly owned subsidiary Smart-Tek Automated Services, Inc. entered into an agreement with another private company based in Florida dated June 22, 2010 pursuant to which among other things the marketing partner agreed to provide certain services to the Company including the following: promote and market the business and services of the Company to prospective business customers, developing qualified leads for client customers, providing an assignment of existing contracts for customers to the Company, and placing approximately $120 million in annual gross billings (or net annual payroll revenue of $36 million) with Company within one year of this agreement.
Pursuant to the marketing agreement, the Company will earn certain fees and commissions based on the gross payroll level placed by the marketing partner. As consideration for the provision of the marketing services the Company agreed to pay the marketing partner certain commissions based on the profits derived from those customers accounts assigned to the Company's subsidiary through the efforts of the marketing partner. In addition, the Company will include the marketing partner in a stock plan designed to incentivize the marketing partner to achieve goals and objectives specified above. The initial term of the agreement is for one year and can be automatically renewed every year unless Company or marketing partner terminate the Agreement. The non-terminating party must receive written notice from the terminating party within sixty days of their intent to cancel the Agreement without cause. If the agreement is terminated without cause, Company and marketing partner agree to use commercially reasonable efforts to execute a client transitions agreement to allow for transition of the customers back to the marketing partner
There is no guarantee that the client will place a total of $120 million in annual gross payroll (or net annualized payroll revenue of $36 million) with Smart-Tek Automated Services, Inc.
A copy of the Marketing Partner Agreement is filed as Exhibit 10.13 to this current report on Form 8-K. For a complete description of all of the terms and conditions of the agreement please refer to the attached Exhibit.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
10.11 Marketing Partner Agreement dated June 10, 2010 between Smart-Tek Automated Services, Inc. and American Human Resources, LLC.
10.12 Marketing Partner Agreement dated July 20, 2010 between Smart-Tek Automated Services, Inc. and PreferAble Staffing, Inc.
10.13 Marketing Partner Agreement dated July 23, 2010 between Smart-Tek Automated Services, Inc. and United We Stand Corporation.
The timing would be perfect for this company and the pps to take off. Go $HNSS
The way the pps acted last week with a little added volume, almost doubling off the current pps. This is a low risk play with a great chance for upside. GLTA! GO $STTN
I think this trades in the current range or lower for at least a few weeks unless a major player comes in and makes an offer for the company. imo
This will give any patient long term investors a chance to accumulate for the eventual run. I will be in eventually...
I could be wrong of course. GLTA!
Hard to prove exact amounts when it's a service related company trading on the pink/otc/bb but doing your own due dilligence can go a long way. If they agreed to a major 1 mil or better contract with a major company it would be news worthy but if they made seperate agreements with 100 different comapanies for 10k then probably not going to make the papers because business as usual.
About Smart-Tek Solutions
last 8k filing
STTN on yahoo
Smart-tek
GLTA!
Nice volume and bid building going into a 3 day weekend.
Financials coming out soon. Go $HNSS
I think many of our questions will be answered in the next couple weeks.
Long & Strong $HNSS
Probably means this thing will move fast once we break through the .013 imo
GLTA! Go $HNSS