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And today we have no volume
This stock is a ticking time bomb
All this volume, but no shift in price.
This thing is going to blow up if they don't pay CMM.HK
uuuummmm not sure we will see a penny.
Goof to go. It is hard to see the sarcasim through writing on this thing.
Wow I called that one. I expect a lot of dumping from people who have held on to this stock. For gods sake they haven't filed a SEC report in years.
Yep and then it is game time
Portcontrol you just go here so I'll take it easy on you. This is a classic move for vela, they are negative the whole day and then boom finishes flat.
What a stinkin shocker this one ended up at even again.
Not to alarm anyone, but the number for Velatel has been disconnected. This is not a good sign at all.
who is mark Trader53? What is his play.
I think you guys are blowing this out of porportion. There is no way this thing will take off. Maybe .0001
don't get your hopes up. This stock is going to hit .0005 and then fall apart like it did last time.
OMG this CEO needs to get on the horn and make some calls. How could he keep allowing this to happen. The stock soars and then crashes, soars and then crashes and no PR one two weeks before deadline.
Yeah well that is great for something that hasn't moved in a year.
It is velatel what did you expect. I think we will go down to the wire and get a Promo on 3/1
I think it is very possible that someone bought the shell look at http://www.citysearch.com/profile/668935500/irvine_ca/xne_inc.html
Aparently they moved location, but the number is not in service. I think we may be in for a ride.
I just called the normal SEC phone went through the auto system till I got some someone who knew what they were doing.
Ok this is really odd because the company no longer exist. I called the number a while back and they said it was done. Then the website goes all japaneese and it looks like no one is managing. I wonder if someone has picked up the pieces? Just really odd to have this much movement on a company that has been out of commision.
It could be but my guess is that there is some buying going on because everyone is waiting to see if they make the payment or not. If they don't make the payment you will see this stock fall completly flat and a bunch of investigations will be launched. I talked to the SEC today and they told me VELA is on the radar.
If it isn't paid for this company is shot to hell. There is no way another investor will touch this if they can't even get this done.
Says who?
What the heck is going on.
Look I think we can all agree that there is something going on with this stock. We don't know if
Like what? They arn't going to buy back the stock.
So basically what is going to happen is IronRidge is going to dump stock, raise the OS and then VELA with RS and screw us all. That sounds great.
Dilution
My money says they pay the bill and then stick us with the payments.
I thought it was Feb 18th, but I could be wrong. This is going to get ugly.
His or her post are better than they were before. Everyone is entitled to their own opinion. He this the company is a fantasy. Some would agree others don't. This company is very rocking, we don't get updates like we should, we don't have any information like we should, and they claim to have bought a company that the Chinese government has investigations running on. All this adds up. I hope they are legit, but I have a feeling this is going to end bad for a lot of us
Interesting.... Something smells funny, I agree
Ok this is what I found out... China Motion Mobile Limited HK, has money and a lot of it (around 19M). Velatel has several option.
1) let the company sink - File chapter 11 and then take over CMML-HK
2) Do a stock buyback from the money they got crom CMML-HK
3)Let Velatel operate independently from CMML-HK and see what happens
4)They merge everything and we see this stock rise.
I called over to Velatel and Tim is the investor Relations guy, not helpful at all.
Yeah the last time they did a RS the Executive dumped their stocks and then did the RS. I would expect to see that again.
It is based on air.
A stock buyback is not an option. It will try to do a reverse split soon.
Hasn't answered me either
OMG can this thing be any more crooked. The whole day we have been down and then magically it pops back up. I know people are dumping but why down it go flat?
I was at the corp office in November not much to see
This thing is either going to collapse or take the hell off, I can't figure it out.