Working on the big PENSKE project
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It's always been thin. Still need a trigger though. You know what everyone is waiting for. Don't be disappointed if we do not get our kaboom this week.
Perhaps with the unecessary rushed deadline the CEO made, he was putting way too much pressure on this head engineer guy and having him work through the nights and weekends and was asking him to work through the holiday so he quit.
These scam rumors are nothing new too. Delayed launch of the GOTV everyone said the same thing. Delayed launch of the demo and everyone said the same thing. Why would we expect anything different in the reaction to delayed launch of the GO-Phone, and the delayed launch of the Infomercial.
Point is he gets it done. He is just always off a month in his calculations. He doesn't allow for breathing room. Use this to your advantage. When he delays a launch let it drop and buy buy buy. Then when it finally does launch sell sell sell if your a short termer.
Flippers paradise to see that kind of news. Now everyone will panic and the stock will drop to nothing. They will swoop in buy up everything and sell on or just before the launch.
Anyone who has been around had a feeling at this point that the launch was going to be delayed. Why he sets himself up with target dates he can't meet I don't understand. However, I still have confidence that he will get it finished. Another round of ugly weeks to come but I'm thinking in December we'll be in a good position as far as pps is concerned. I think a lot of things will happen between now and then.
checks in the mail? I figured it would be handled through the broker accounts electronically. If they can distribute dividends or process forward or reverse splits to all the share holders, I would think they could issue a buyback.
How would you get paid if the buyout takes place. Obviously if they are buying all the shares, it won't continue to trade under the SNRS symbol.
I just found this:
When one publicly traded company buys another, a few different events may happen with the stock of the firm being bought. First, the acquisition may be a cash purchase. This means the buying firm may pay cash for all outstanding shares of the firm being bought. In this instance, as a shareholder of the company being purchased, you would receive an offer of cash for your shares determined by a formula agreed upon in the purchase offer.
If the deal goes through, the buyer would be buying all the shares so I just assume it would stop trading and those that own would have automatic sells at the offer that was made. I don't know, I've never seen the process before.
Does trading halt if the agreement is made or will be people be racing to pickup whatever shares they can?
How many PR's do they have to post?
Whether good or bad, we don't see what is going on behind the scenes. I would like to think they are working like crazy, and would bet they will be working through the holiday weekend (stated in previous pr's that they do that), to get this launch ready and other things that we are unaware of.
I'm looking forward to the launch as well, but it is what they are going to do with their finished product that is going to decide how profitable this company can be.
I've already prepared for the delay in launch, but I am not concerned with this month, I am concerned with where we are at in December. What we need is revenue, # of subscriptions and television advertising.
No way. All the other fake buyouts are still trading. This PR even states they do not think it will go through and expect to go through negotiations.
Most likely EWRC was a scam. I think there was a small chance though that it was the truth, however they intentionally withheld the information of the preferred shareholders so they could squeeze more money out of us.
This excuse is the only one I can think if Sunrise thinks that 0.003 is to low.
My mind wanders in the middle of typing.
At least these guys are being honost. They state right in the PR that they think they are worth more and are expecting a counter offer.
All my money is tied up, but I am very interested to see how this plays out. We don't know what the preferred shares value is and if they put it to a vote and the preferred shares are worth more than 0.003 then they will decline the offer. That was the reason why mine didn't work over at EWRC. I'm a little ashamed to admit I was even involved in that one.
If this does actually work out, it would be ashame that a lot of investors will miss out because of the unrelated THRR business :)
Maybe flippers will buy into this or already have and will sell by end of day just before the announcement if there is some upward movement tomorrow.
What is the value of the preferred share holders? Offers are sometimes declined because it is not in their best interest. It already states in the PR that they think that price is undervalued. Watch out!
I just came in here because I saw this was an active board. I've been involved with one buyout EWRC that failed and watched the THRR on the side lines.
Why would an offer be put in at 10X the current PPS. Why not 2 times or 3 times. An abusrd offer like this makes me think BS right away.
We're probably going to get hit with a PR Blitz. Once they announce the CE removal, they will probably start updating on distribution and investors may start to take them more seriously then.
All the planets would have to align just perfect and the some of the haters would have to convert in order for this to hit the penny by year end.
The penny should be the target. Anything after that is absurd, for a 2010 projection. Look at where we are now and how far we have to travel.
2011 if all good should be .02 to 0.05 but that is dangerous projections at this point.
Who leaked the news yesterday. It can't be coincidence that we go from 1 mil to 60 mil in trading and then a PR....
We'll see if it was just one day of action or if traders will be back tomorrow. We haven't hit the 5s in awhile. Hoping for more than 5s, but we have to start somewhere.
I agree. I have my GTC set as well. I hope these guys can reach it before they all move. I am looking forward to getting out, and if I can take the profit I set forth, I could care less if it takes off.
To walk away from here with a profit would be great. That is why I was excited to see some traders come in here. I thought it would never happen.
My guess is they will be working through the holiday weekend regardless, but it will be a close call on whether they can make their deadline.
CEO is prone to setting his investors up for disappointment when he sets his target dates. He should be setting them further out to allow for unaccounted issues and if everything runs smoothly he can launch early and look like a hero to the investors.
We just got the names of a few of the lottery winners last week. Hopefully the testing has been going on throughout the month...
Not sure why but AMHD is on the map. Was on the most active board until lunch. Been a very slow last few months, but volume has picked up very significantly in one day. Exception of the CEO who bought 30 mill himself last week.
trading btwn 0.0003 & 0.0004 for awhile. Could see a spike for a quick profit if you can lock in the 0.0003
Products on the shelf should put the investors including myself at ease. The deadline approaches, but they still have some time.
On the charts from this website, if you check out the volume there was a green bar for about 25 million. What does the green color indicate.
Blue and red are the buys and sells, but I always see a green pop up here and there.
Finally some trading action here. Good to see this trading again.
Over a hundred posts this morning. I guess there are a few eyes on here now :)
Some people were up very early this morning talking here I see. This room is almost number one this morning :)
Agreed.
Honostly, if were to be delayed a few days I could care less, but investors go crazy and think it is the end of the world and the stock price drops.
I wouldn't want them to launch a product unless they were confident that it will work properly.
I'm in for the long haul so a delay of a few days means nothing in the grand scheme.
I'm in Northern CT, so I will be on the prawl in CT and MA for atomic dogg.
That would make sense. So hopefully first half of June, it makes it way to the shelf.
Do you think the launch of the GOPHONE will be delayed?! They winners names are finally getting posted and there are only a few days left from announced launch.
I'm not asking they solve the worlds oil crisis. I just want them to hit a tenth of a penny so I can sell :)
When can we expect to see the drinks on the shelves for east coast?
I wonder if will get some more Friday week end action...
A close at 0.0008 would be a nice gain for today and good sign of movement for the last week of May coming.
HFBG back on the list of top 15 active boards. I bet all the bashers made some good flips.
I was bashing a little only because I was disappointed at last PR and reaction to pps, but I held all my shares because I am not sure when the take off is going to happen. It certainly is taking a lot longer than expected. May almost over and no word on where distribution is taking place. Still trying to get my hands on an atomic dog and I am in the NE region where they were supposed to start.
Next PR better have lots of meat (specifics) on this distribution. Time is almost up for their east coast deadline.
On these iHub charts, the volume this morning shows a transaction for over 20 million and the color of the line is green (as opposed to blue or red). Does anyone know what the green color indicates?
I'm asking this board because only the most intelligent investors trade ATNP.
I was spoiled by ATNP a tech pinky. They were PR'ing every other day for a few months. I rode that one up to a penny. I took a piece of that and moved it here.
Do you think this was inevitably going down after 0.002 peak or was it due to the negative response of the investors to the last PR?
I never said these guys were terrorists :) I do question what kind of operation they are running because they do not update their investors and we don't have many avenues to research them.
In total, I've invested about 2k in penny stocks and yes I started trading less than a year ago. Trying to see what I can do with my limited resources to see if it could grow into something more. I work full time and don't have a lot of money to trade because I just bought a new place.
I took profits from one of my trades and hedged my portfolio with this pic and it is not producing. I am worried because with my limited cash in investments to be tied up as long as we have makes it really hard for me.
I know 280 must seem like a nickel to you, but if you bought a 280 dollar scratch ticket and lost you still wouldn't be happy about your decision.
I only have 480k shares that I bought at 0.0006. I am weary about investments this low so I did not invest a fortune, but I still don't want to lose 280 dollars.
20 million? That is a big comment. I hope it works out for you. If they release some PR you stand to make a good profit, but I would advise you; do not be greedy! :) We don't know anything about this company and I have a good feeling that any kind of movement is going to be very short lived.
I have my sale order at 0.001 but am very doubtful it will get there. If I were you and your investment doubles either back out your original investment or take it all out and don't look back. Move quickly because the pps will not wait for anyone.
I am assuming he is buying given the size of the order. It could be anyone.