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Poster, is the stock we will get in the new merged company going to be restricted (6 months to a year)? Any speculation about that?
In situations like this the company (with a maket cap at the moment of ~$670K) is a perfect target for a hostile takeover. Last Fri we traded about 16% of the O/S. Towards the end of day PERT & NITE were very active on the bid!
IMHO, it is not over yet for Airtrax; clean OTCBB shell, patented technology, etc. We will wait and see how this unfolds.
The insiders are still holding their 10%+ stake of the company. At least, I do not see an 8-K that they sold.
Have a great weekend everyone!
I sense a rebound next week.
Wow, what a spread! 0.002x0.003
NITE up-ticking on the bid. Yeah!
It is good that we have NITE on the best BID. He is talking to UBSS to up the ask! ... and there we go!
Wow, here comes the gap! I would better raise my limit buy to 0.002 before it so too late.
GLTA!
I like this CEO. He speaks from the heart!
You bet! Fantastic news indeed! I am adding more shares this AM. I hope we do not gap too much!
OK, we are speculating here too much. Can someone (Kid, since you are the mod) call AC and ask what AAPU shareholders should expect from this dissolution (other than no cash payments)? If someone has AC's direct phone # please PM-ed to me and I will call.
TIA!
On a different note, I called E-Trade today and a broker told me that my former AAPU shares will be returned to the transfer agent within 7-10 business days, and I will get in exchange 1 cent for all of them. This did not sound good to me AT ALL! Other people with E-Trade accounts can verify this. Call your broker! So, if nothing is announced from AC & associates within the next 7-10 business days, then we are all $crewed for a penny!
There cannot be a trading suspension for a security (AAPU in this case) that does not exist anymore.
Yeah, this is gonna gap big time tomorrow!!!
Power hour is up; time for me to get in!
IMHO, this walk down was orchestrated by the MMs (especially DOMS) to cover their short position on the latest few conversions at 0.0046. Remember, they were made below the best BID at the time.
GLTA!
That text appeared even a year ago when AAPM did the R/S. Check this out:
http://otcbb.com/asp/dailylist_search.asp?DirectSymbol=AAPU&OTCBB=OTC
I hope you are right poster!
I almost got a heart attack when I saw the daily list today.
Let me go get a drink...
Jimmy, I will PM you on Fri during happy hour about Maui.
I am also in this till the end. I also have all my shares!
OK, so what am I going to find in my account tomorrow?
Some marker instead of the AAPU symbol and shares of no value?
I have not gone through this before, so if anyone has gone through "security deletions" in the past please clarify.
Then what does this mean?
"No payments will be made to shareholders."
I am afraid so...
So, in plain words, what does this mean, poster?
Updated Symbol Company Name Effective Date/Comments
13:31 AAPU America Asia Petroleum Corporation New Common Stock 3/27/2008 Plan of Dissolution effective 3/21/2008. No payments will be made to shareholders. **
from http://otcbb.com/asp/dailylist_detail.asp?d=03/26/2008&mkt_ctg=NON-OTCBB
So, in plain words, what does this mean, poster?
Updated Symbol Company Name Effective Date/Comments
13:31 AAPU America Asia Petroleum Corporation New Common Stock 3/27/2008 Plan of Dissolution effective 3/21/2008. No payments will be made to shareholders. **
from http://otcbb.com/asp/dailylist_detail.asp?d=03/26/2008&mkt_ctg=NON-OTCBB
Nothing related to AAPU on the daily list for today:
http://otcbb.com/asp/dailylist_detail.asp?d=03/24/2008&mkt_ctg=NON-OTCBB
Poster, I cannot PM you... I do not see any trading halt for AAPU on the otcbb.com website. We will have to wait until Mon and check the daily list for any changes under the AAPU symbol. I am surprised that the dissolution was filed yesterday when the market was closed. Well, we wait until Mon and see what happens. I (and everyone else around here!) would love to see a PR from the company, but then we all know they are communicating things at their pace, not ours.
GLTA!
And Happy Easter!
Thanks for the PMs, poster. I fully agree with you!!!
Ha, interesting find guys! So, are we finally getting rich?
What is up with MAXM today? It brought the PPS down in no time. Geez....
Wow, this upticks fast! What is going on here???!!!
Joe, did Selam say anything about Bruno and Gib? I was told recently that they also abandoned ECT. Is this true?
First, let us get the new list of AAPU officers, which is due on 03/31/2008, to see whether there has been any recent changes.
OK, I will do one more push. Hang on!
That was my buy. I have more to add!
It is quite impressive what is happening with our little gem today!
I like the action so far!
Good eye, Karin! I just saw you posted this too.
Here it is. It was at 1:42 and it was broken into four transactions.
0.0069 250000 OBB 13:42:15
0.0065 500000 OBB 13:42:15
0.006 670600 OBB 13:42:12
0.0065 50000 OBB 13:42:09
Noticed the same thing earlier today. The short interest went way down!
This is gonna blow! I would like to thank the person who sold me yesterday those 75K shares @ 0.0051!
GLTA!
I have been here since before the R/S, so I know the story.
But, come on, this is already $100,000+ in volume!
Huge buying pressure today! What is up with this thing?!
Accel is on the rise!!!
http://finance.yahoo.com/q?s=ACY.F
41.18% gain so far!