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Should have included this in a pr
http://www.ipdatadepot.com/stories/2007112616.html
According to the last filing dated March 20 they have issued an additional 107,500,000 shares
* On March 10, 2008, we issued 18,300,000 shares of our common stock.
* On March 11, 2008, we issued 20,700,000 shares of our common stock.
* On March 12, 2008, we issued 21,700,000 shares of our common stock.
* On March 14, 2008, we issued 22,800,000 shares of our common stock.
* On March 19, 2008, we issued 24,000,000 shares of our common stock.
I believe that would bring the current total o/s to
478,358,571
I excluded an additional 15 mil that may have been included in the last filing because they were issued before the reporting
* On March 6, 2008, we issued 15,000,000 shares of our common stock.
Now they're possibly getting paid off in shares of FTS stock.
So I guess those shareholders get diluted also
What a circus
Ha Ha Ha
Remember
OTG CEO Stuart Turk commented
We look forward to re-launching with a clean slate, and a solid new opportunity for strong shareholder appreciation.
Is it at all possible we should give this gentleman the benefit of the doubt?
How about,
SLINK
SKULK
WRIGGLE
SLITHER
WEASEL
CREEP
OOZE
SQWIRM
I'm asking the question, what are people buying.
What is left to buy?
ATTENTION!!! THEY SOLD THE BUSINESS
I can't understand why people are still buying shares.
What are they buying shares of exactly.
The FTS logo is already on the web site,what is left?
What are you buying? Do you even know?
Can you please take my name off as assistant.
As of March 10, 2008 the Issuer had 370,858,571 shares of common stock issued
You can think what ever you want about me and if I'm ignored, it won't be the first time.
My post is applicable to this board
This FTS group may be great, I really don't know anything about them.
I do know they just bought a dog with fleas
The facts don't lie however, Reduced revenue every reporting
Increased impairment loss, massive share dilution with multiple reverse splits and symbol changes.
Someone has there hands full if they think they will be profitable with the ogoh business.
I wish you luck.
Do you think this chart looks like this because it was such a great company?
http://stockcharts.com/h-sc/ui?s=OGOH&p=DAILY&b=5&g=0&id=p36357556986
They just unloaded a huge pile of debt that they had no hope of ever paying off, there weren't enough shares left
Since their last reverse they went from 11.4 mil o/s to 370,858,571 in about 5 months.
Even with an a/s of 1 billion + there weren't enough shares to pay off the existing debt.
I'm sure this company can do so much better.
http://www.merriam-webster.com/dictionary/sarcasm
OTG never made a dime of profit,ever
Not one single day of their pityful existance
never
They paid off their bills in shares
They paid off their employees in shares
4 reverse splits
4 symbol changes
Good luck
The chart for this company looks about the same as theirs
http://stockcharts.com/h-sc/ui?s=OGOH&p=DAILY&b=5&g=0&id=p36357556986
Somebodys a big sucker
What makes this guy think he has the right to a clean slate
Maybe he should email every shareholder who was mislead by his pr machine, his fake analysts, his hired stock promotions firms, and say he's sorry for selling them out.
Maybe a public apology to the shareholders, at the very least he owes them that.
That's what a man does.
Take responsibility for your actions.
I really can't print what I would like to say.
Took a look at the chart for FLIP
Looks about as stellar as OHOG, no that's not a typo
http://stockcharts.com/h-sc/ui?s=FLIP&p=DAILY&b=5&g=0&id=p23634330297
As of March 10, 2008 the Issuer had 370,858,571 shares of common stock issued
Shares of what?
You know what, one of the worst things you can have is to have someone who is stupid mad at you
You can't argue with them
You can't reason with them
You can't convince them
I would be the first one to admit I couldn't run a business of this type.
but!!!
"We look forward to re-launching with a clean slate, and a solid new opportunity for strong shareholder appreciation."
This guy gotta have a big pair to put out something like that
What a giant steaming load.
How about this, we are losing money, we are losing money every reporting, we are losing more each time
Honesty is it's own reward
They had reduced revenue every reporting, increased impairment loss, increased debt. Not much hope of equity money again.
They couldn't make it happen pure and simple.
What is left now, sold for 4 million, and the creditors will get that.
He'll pay off his loans and put some cash in his pocket.
I just hope the people who work there don't get screwed too badly.
HEY STUART
"We look forward to re-launching with a clean slate, and a solid new opportunity for strong shareholder appreciation."
Give me back the 100k plus shares you reversed out of my pocket
How about you payback every shareholder you robbed over the years first
Clean slate, Kiss my A$$
Not if I have anything to say about it.
Strong shareholder appreciation !!!
You suck
appreciate this you sob
I take small pleasure in the thought that there isn't much interest in this stock anymore.
People aren't lining up to jump on the downhill train
BSC again
Bought @ 4.01
Sold @ 4.21
I'm actually surprised
I thought the share count would be higher.
10qsb out
I updated the share structure in the I box
As of March 10, 2008 the Issuer had 370,858,571 shares of common stock issued
and outstanding, par value $0.0001 per share.
Did someone mention dilution?
This figure is from 65 mil and some change 3 months ago
There is your "Unprecedented Growth in 2008"
Actually they've done it before, so it's not really "Unprecedented"
Did I mention they lost money, again
Reduced revenue, again
Impairment loss, again
What parameters are we using to determine a coming golden cross. If you use a 15 day and 100 day it already happened
If you use a 50 day and 200 day then it's close.
9 day 50 day
http://stockcharts.com/h-sc/ui?s=UHCR&p=D&b=5&g=0&id=p92705336571
15 day 100 day
http://stockcharts.com/h-sc/ui?s=UHCR&p=D&b=5&g=0&id=p52824583132
50 day 200 day
http://stockcharts.com/h-sc/ui?s=UHCR&p=D&b=5&g=0&id=p18913200517
You can make these things say whatever you want
They not only think investors are stupid, they absolutley know they are stupid. I can't begin to face how stupid I was.
That's why I will never sell my position, it's a grim reminder.
This is an excerpt from the most recent filing concerning their debt
On March 5, 2008, we agreed to amend the terms of the note. Pursuant to the terms of the amended note, payments made by us in satisfaction of the note will be in shares of our common stock, which we will issue to Dutchess on the tenth calendar day of each month until our obligations under the note have been satisfied in full. Each payment will be convertible at eighty percent of the lowest closing best bid prices of our common stock for the ten trading days prior to the payment due date. The maturity date of the note remains the same. As of March 5, 2008, we owed $632,500 on the note.
You will never be able to buy shares as cheaply as they are willing to give them to Dutchess, it is set up for them to win, and you to lose. Do you like to lose?
At the current bid level it would take in excess of 3,162,500,000 shares if that amount were totally paid off in shares, or as I loving like to call them "Charmin Sheets"
This exceeds the current authorised shares for this company.
Kreskin Turk must have some trick up his sleave, unless I am misreading this
SHARE STRUCTURE:
Common stock; $0.0001 par value; 1,000,000,000
shares authorized
As of December 13, 2007 the Issuer had 60,258,567 shares of common stock issued
and outstanding, par value $0.0001 per share
I can't wait for the next filing to see the updated share count.
You'll see some "Unprecedented Growth"
Do yourself a favor, try to get out before the next one.
The last one is not relevent, It's the next one you need to watch out for. I don't know if there is a legal limit to how many times a company can do this, but it's a safe bet they will max out the potential. Their hooked like drug addicts.
And like an addict there is little concern for the wake of distruction that litters their path. Investors are mearly a means to an end. The equity in this company is like a cash register. The only trouble is there is nothing left but small change. They cannot support their business without outside money. You will never be able to buy shares as cheaply as they are willing to give them to their creditors. The creditors will win,investors will lose. Thats the way it's set up.
I hope you do alright and I wish you luck
I just scalped Bears Stearns..BSC It fell 50% today
Bought at 35.01
Sold at 36.99
In ten minutes
1000 On The Go stock certs are probably cheaper than 1000 sheets of Charmin.
Of course the Charmin is actually useful
You will get more enjoyment flushing your money down the toilet then you will giving it to dutchess.
At least you get to watch it swirl around
100000@.0003
better
2000@.0003
Nice try
Par value
From investopedia
2. Stocks will typically have a par value of $0.01 or none at all.
Well I guess we can figure out which one it is
Next stop .0001
I'll wager they never run out
This was your tip so, thanks
I've read every post on this board, the only thing I know for sure is I've doubled my money.
Doubled my money