Working on the big PENSKE project
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The graph on this website is most likely delayed 15 minutes, but when you click on it, it is close to real time. I clicked on it right after you asked and saw that there was over a 2 million purchase at the bell.
I saw you post that on my other stock's page as well. Will the 0.01 suffice to stop the shorts or does it have to be a dollar. I am confused as to how it will prevent shorting.
The board also had to approve whether or not they were going to release the details of the topics discussed in their meeting according to the PR.
Do you think it's possible they haven't finalized their decisions in one meeting. Whatever they are going to do is going to be big and perhaps was up for more debate.
I sold at 50% loss a few weeks after you had left. This just doesn't move. The company activity is not transparent and even if it does go up, it won't be for another six months. We are better off investing elsewhere.
No it is not worth debating, that was just me panicking upon first hearing that. Chmcnfunds would agree as well, but he was just restating what his broker said.
Personally, I think ATNP will continue to trade. The CEO bought shares in the company recently and they may want to take on new projects down the road. I don't think they would merge everything into GOTV.
Do you honostely think those major corporations would deal with subpenny pinksheet companies. I certainly don't think so. I don't even think they are aware the company even exists. GOTV has not been at any of the tech expos yet, other than a video that Chris brought in of an unfinished product.
We can't sustain any upward movement because HFBG can not remove their CE and can not put a product on the shelf. That simple. Investors can not be blamed here. HFBG simply can not accomplish their objectives.
Maybe in July we will hear something and will profit from the low rates, but don't build yourselves up like today is the day. They have no product or good reputation with pinksheets.
Exciting and scary at the same time. Really looking forward to the PR.
ATNP may not trade anymore?! You are saying that they are converting us over to GOTV permanetly with a 5000 to 1 split? Is that what a spin off means? I could come to terms with two stocks trading separately, but now a huge curve ball of getting rid of ATNP?! That will spark FEAR in the investors. I will still hold, but I don't think it will translate well.
I figured they were going to trade separately. Instead, they had planned to scrap ATNP and move everyone over to GOTV? In essance, they are doing a huge reverse split on us if this is the case.
on zecco I have the option from the drop down menu to buy sell short or cover. Why would they provide their customers with those options if they could not use them?
Hopefully, this PR does not spark more fear into the investors. I've had time to absorb the options and now will trust their decision. I just had to start thinking more long term. With GOTV trading separately, they can move onto other acquisitions or start up companies.
Board meeting:
An update to the recent approval for management to form an MP4
advertisement company for the purpose of increasing the revenue for the
GOTV IPTV service.
Hopefully the plans are still there to get the television ad campaign going.
It should get removed. CEO seemed confident and has PR'd four times now regarding the matter. Pinksheets is dragging their feet though.....
LCRE certainly was able to remove their CE a lot faster than HFBG which is still in the process. There must be complications. I guess LCRE was not subject to this 30 day waiting period.
This message is to help in discussion of determining when HFBG will get their CE removed.
I am not invested in LCRE but on 5/17 they released a PR for Q & A's. As of then the CEO mentioned he had to meet face to face with his attorney to get a letter of intent (meaning as of 5/17 they did not have one). He then stated that he expected the CE to be removed by the end of May.
5/27 they released a PR that it was imminent that it would be removed. On 6/4 today, it was removed.
There must have been some complications with HFBG's.
Caviet emptor removed from LCRE today and stock jumped over 40%. Perhaps there might be some movement here when it does get removed....
What is A.N.D. distributing? What kind of drink? I want an Atomic Dogg, but they still are shipping.....
I'm pulling for HFBG, but I wonder the same thing too. Everyone thinks that once the CE is lifted this will just take off. I am betting we will see very little reaction pps wise. They are defintitely delayed in their distribution. Where was the May east coast shipments ?!
They may stall this out until July now..... Come on HFBG! Get your drinks out there already.
I'm not invested, but I am pulling for you guys. I'm watching this one unfold to see if there is a possibility. The target price was met by the buyer so I guess it just comes down to their DD. I'm not sure if the other buyers from previous companies put in a 10% security deposit.
Things are starting to line up for the positive here, however, I am sure it was all positive on the other buyouts other companies and then they slap the investors in the face with one PR announcing the deal was revoked or declined without warning.
Everyone will scream SEC after that. These things could fall for through for legitimate reasons too though. They are not forcing investors to do anything.
This is a good one to gamble because it is already at the bottom. If it does not go through, you can still hold out and wait for upward movement later. THRR had plenty of room to drop after the deal was revoked.
My guess would be because they have been around a few years and have witnessed a countless number of cash buyouts fail.
Can you tell me of any sub penny stocks that had successful cash buyouts? So far no one can think of one.
What kind of drink is A.N.D.? That is the one that they said will distribute first.
If it's real, they will just buy all your shares for 0.005. You won't have to worry about a sell strategy, it should be automatic through the broker.
If the offer was legit but declined after their DD OR if it is fake than it is back to 0.0001. That does not mean that it will stay there forever though. This is a good one to play especially if you got in at 0.0001.
This is hard because the stock is not moving, but the ideal stategy is to buy at 0.0001 and sell half of your shares at 0.0002 so that you break even. The remaining shares you gamble on the buyout. Even if it does not go through, the shares were free, and that does not mean those shares won't still be worth something further down the road. Management seems to think they are worth something, and buyers are looking at them so there could be value.
I was involved with one that did not go through earlier (EWRC), and we know the THRR didn't work. I am watching this one purely for educational purposes. If it works, it gives the investors hope that cash buyouts do exist in the subpenny world. If this does not work, then I think they either are scams, or legit cash buyouts are very difficult to accomplish in the PINK world and are not worth the risk.
Good luck.
Volume went from big to decent. Wish I was buying at these levels, but I have no money. Can someone loan me a thousand?
Maybe not, but they have released PR same day on previous board meetings.
I know right? I wasn't sure if this was some kind of joke. I guess we are more owners than him :( At this price, he should be buying more like 50,000,000
It doesn't even have to be fraud. The buyout could be voted down by the preferred shareholders. They are not looking at the profit margins like the rest of these investors are.
I have not received the last round of GOTV shares yet. I am using Zecco and Fidelity.
Very true. As long as ATNP continues to operate, they will continue to flip companies, which means a whole new ball game of ups and downs (buys and sells).
It can flat line at these prices and then a new acquisition could come into play where you could be looking at the penny again. That is why I am just going to leave all my shares alone until their next big play where they can test the penny again. Not sure if they can do it with GOTV if the separation goes through, but most certainly they will hype their next acquisition.
Buy in the triple 0s and sell at the penny and repeat. Hold through the forward splits and carry those forward to the next penny. That is what I will do. I've only been in this for just under a year but I am starting to learn how to play this stock. Most the others subpenny stocks are one operation that your gambling on. With this one, if they fail to build the company up and you can afford to hold your shares, they will start over with a new one giving you opportunity to make the big bucks still.
We can still have a residual effect of GOTV's success if there is any, and ATNP can focus their efforts on changing their image towards their new acquisition.
This is still my favorite pick. I am glad I stumbled in here directly after my first pick spng (what a disaster that was).
With a caveat emptor and lack of communication, they set themselves up for that. May distribution did not happen on east coast either.
We'll see if they get it done in June now.... If pinksheets can get that symbol removed and HFBG starts their d*mn distribution already, it will turn.
I bought in at 0.0035 and then 0.0009 so I won't be selling until this thing really starts moving. I still have a portion set for the sale at the penny.
I am watching this one purely for educational purposes. I've been trading these for less than a year and have only been a part of one buyout which did not go through (EWRC). I saw the aftermath of THRR and am watching this one unfold.
If this one does not go through, my belief in cash buyouts of subpenny stocks will be confirmed that they do NOT happen. If it does happen, than congrats and I will have to do more DD when the next one comes around.
Who is saying that is fluff? The counter offer matched their price. We didn't know that before. They are going to put it to a vote because the preferred shareholders are worth more than the ones you are purchasing here.
Their profit margin is going to much much smaller than yours and could be the reason it gets declined. If you can win that victory, the DD will have to be completed before the deal is null and void.
Odds are stacked against you, but at least the buyer met the price! Good luck guys.
Thank you. Always good to see you around. You usually have an edge on when news comes. I don't know what your seceret is. I should just start following you around :)
That was just a joke. I did just sign up on the facebook page for atnp investors though. I know someone on here set it up.
My presence alone on the facebook page should bring all sorts of global attention to ATNP :)
This one can and will go back up, it just may take a few years before the penny. They are in the business of flipping companies. They will pick a new one after gotv and start all over again. That is the beauty here.
I'm just baffeled that a counter offer of 0.004 still needs to be considered or debated. I am baffeled that anyone would make an offer so high.
Everyone on here would think they won the lottery if it went through. So where is the debate? Why do they never work? There has to be something that we don't see behind the scenes.
You guys are all going to be screaming to file with the SEC, however, they already told you they did not like the offer because it was not in their best interest even though it is in every investors interest to sell.
Caveat emptor status hits right after the proposed buyout offer making it that much more of a shadier investment.
Cash buyouts simply do not take place in subpenny stocks. No one here can even claim to be a part of one. I know you also doubt this buyout, I just happened to respond to your message.
This question is for anyone,
Is GOTV and ATNP two separate entities as of right now? How can then be a merger or acquistion otherwise?
If I were you, I would not cave. This whole buyout business is extremely risky and if you're going to be in, be in at the ground floor. Otherwise your out at least 50% for awhile until the dust clears and it starts trading again.
Very true.