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Good morning all. Will be another good day. I know news is coming. Kinda dont mind waiting cause it gives us more time to accumulate.
Maybe you can update confirmation date in the sticky?
Half the volume each day has been short. Looks like CSTI. When news hits he will be forced to cover. MM's use charts too and they were expecting this to dip like it usually does. Not this time!
He promised to update us shortly he seems honest but busy so I'm sure it will come and be great!
Interesting.Eom
I missed Ace hardware link. Please post.
Wow! Looking good. Intial profit takers getting out looks like it will run. Classic pre and post run! Hold your shares tight!
Will be exciting this week. News is coming. Low SS. Real company in the propane business in the winter time. Pr will let us know for sure but I believe they have expanded beyond the material handling busines. One key to remember is their website is outdated, really not an accurate description of current business. I could be wrong but I belive they have combined with old family business and is expanding beyond that. That part is just me speculating. But we will see!
Good morning! Think we are in for a great week.
No on all splits you have up til x-date to buy. This sometimes causes confusion but the real record date is the day before x-date. If you buy or sale between stated record date and the x-date then the shares are owed to you on due bills. Think they do it that way just to confuse people.
570,900 sold short today well over one million for the week! MM's looking for sell off.Did not happen.
Be interesting to see how this closes and to see short list tonight.
I have found charts to be very unreliable on penny stocks. Make a whole lot more basing it on potential news and A/S. Would the chart have told you LOCN would run to .29 nope. Chart would have said sale sale sale and miss the big run.
Not this time! Especially with news coming for the first time.
I guarantee you the ones you bought -that 118297 was short. They are use to this running up and then right back down.
Remember they been short past few days so they might run it down on low volume if some bid whackers come in.
http://regsho.finra.org/FORFshvol20101103.txt
Whose selling? Hold your shares tight maybe we run into close today.
Update. The lawyers are reviewing the press release now. Should be out with in next few days. Said it will answer all our questions. No pump and dump here seems like a rarity in the markets.
X-date for forward split is Monday. Some may think so and sell thinking they locked in shares but you have to hold til x to get forward split.
http://www.otcbb.com/asp/dividend.asp?sym_id=INVA&dDate=10/30/2010&sDateType=Record_date
INVA Earnings and 20-1 forward split. News below
Press Release
Inova announces Special Stock Dividend following record revenue and EBITDA.
Las Vegas, NV October 25, 2010 . Inova Technology (“INVA”) has announced a Special Stock Dividend following the record profits and EBITDA for the quarter ending July 2010.
EBITDA for the quarter ending July 31, 2010 was $770,231. Net revenues increased from $4,934,674 in the three-month period ending July 31, 2009 to $7,868,228 for the three-month period ending July 31, 2010.
On October 20, 2010 the Board of Directors to approved a resolution to complete the issue of a stock dividend to all current shareholders. The ratio will be 20 new shares for every one share held by all shareholders as at the record date. The record date is Friday October 15, 2010. The authorized shares of the company will be adjusted by the same ratio. The stock dividend will not result in an increase or decrease of the proportion of total outstanding stock held by any shareholder. The dividend will result in an increase in the size of the company’s float (which is broadly defined as the free trading shares held by unaffiliated shareholders) which may contribute to a more active market in the company’s stock. Shareholders are advised to contact their tax advisors regarding any taxation implications of this dividend.
“Given the record revenue and EBITDA for the July quarter, this is a good time for us to announce the special stock dividend”, said CEO, Mr. Adam Radly.
About Inova Technology
Inova Technology, Inc. (INVA) is an enterprise level Information Technology solutions provider specializing in providing proprietary RFID solutions, wireless networking, storage and security technology solutions and IT professional services. Our objective is to implement and optimize solutions for our clients with best of breed technology and the best possible service.
For more information please visit the company website at: http://www.invoatechnology.com or contact our Investor Relations Firm, Capital Communications Group at (415)332-7200 or richard@capitalgc.com.
Hang in there longs. Should have update tomorrow. I will call him if he dont call me!Eom
Press Release
Inova announces Special Stock Dividend following record revenue and EBITDA.
Las Vegas, NV October 25, 2010 . Inova Technology (“INVA”) has announced a Special Stock Dividend following the record profits and EBITDA for the quarter ending July 2010.
EBITDA for the quarter ending July 31, 2010 was $770,231. Net revenues increased from $4,934,674 in the three-month period ending July 31, 2009 to $7,868,228 for the three-month period ending July 31, 2010.
On October 20, 2010 the Board of Directors to approved a resolution to complete the issue of a stock dividend to all current shareholders. The ratio will be 20 new shares for every one share held by all shareholders as at the record date. The record date is Friday October 15, 2010. The authorized shares of the company will be adjusted by the same ratio. The stock dividend will not result in an increase or decrease of the proportion of total outstanding stock held by any shareholder. The dividend will result in an increase in the size of the company’s float (which is broadly defined as the free trading shares held by unaffiliated shareholders) which may contribute to a more active market in the company’s stock. Shareholders are advised to contact their tax advisors regarding any taxation implications of this dividend.
“Given the record revenue and EBITDA for the July quarter, this is a good time for us to announce the special stock dividend”, said CEO, Mr. Adam Radly.
About Inova Technology
Inova Technology, Inc. (INVA) is an enterprise level Information Technology solutions provider specializing in providing proprietary RFID solutions, wireless networking, storage and security technology solutions and IT professional services. Our objective is to implement and optimize solutions for our clients with best of breed technology and the best possible service.
For more information please visit the company website at: http://www.invoatechnology.com or contact our Investor Relations Firm, Capital Communications Group at (415)332-7200 or richard@capitalgc.com.
Price is already close to $1 LOL. Its the share structure that counts along with the earnings. 150 a/s and and 57 million outstanding post split is low. float? Will call transfer agent and see tomorrow. Past splits like this with similar set up has done well pre and post split. Should run!
Good day. Will post when I here something. Hope we are all long by now. I will not sale any but will continue to accumulate especially on dips. Really believe we will be .05-.10 by December. Ill be back later tonight.
One of the best forward splits I've seen in a while. Plan to DD this company more when I get back tonight.
He told me to give him 48 hrs because they are really busy right now. So iexpect it this afternoon or in the morning.
Good morning. Should have update today . Will post when we get it. Let the weak hands out so when we run they will be gone.
Half volume today short.
20101103|NSFE|185952|359912|O
http://regsho.finra.org/FORFshvol20101103.txt
Got to let short timers/weak hands/flippers out. That way they will not slow run up.
Trying to help them see the wisdom of your words. You have to communicate with your shareholders. I'm sure they will now. Should have update by tomorrow evening.
You all should DD this more than you would see the potential!Eom
Told me the website will be updated by the first of the year. They have more products more than just propane tanks. They also deal with propane for heating which is why they are real busy now with the cold. Hard for me to believe they have not pr'd their business info. I think it is because they dont need any cash to run business and alot of times companies release news just to pump and dump their stock.
He said it was but like I told him he has to let investors know the details. He said he will in 48 hours. Feel free to call him.
937-855-2081
The COO ask me to give him another 48 hours and he will update us. He says work is busy. I told him he needs to hire IR guy.LOL
We had another good day. News will come. Still wating for update. Will ask about them updating pinksheets info too.
Just got back in. Looks like a few sellers. Wish all those not long would just sell to me at .oo2. LOL. Will go back up!
Remember MM's use charts too so they know this runs up quick and back down as quick so they will see where the sellers are at. This time will be different because of support and news to come. I will buy on any dips look to push this over .01 shortly.
Good morning! Should get an update today. Lets lock this float up and hold tight.
Lets hold the float tight and make new highs the next few days!Good night!