Explore small cap ideas before they hit the headlines.
Explore small cap ideas before they hit the headlines.
They freezed the A/S but there are still 113 million shares left at which they can issue still. It would suck if they started issuing those shares. We need to monitor the O/S closely.
Accum/Dist needs to continue going up as well. It's going to take a little while. We might see this jump to .10 next week, but it'll come back down for a little while (weeks or months) and then we'll see another big jump.... that is if people are really locking the float.
In order for this float lockdown to work we need to see the Accumulation and Distribution cotinue to go up( people buying and holding). Look at the CDIV Acc/Dist yearly chart and compare it to STHG. We have a ways to go.
Dug some dirt up from the past on this one. What ever happend to Santini ( The young, brilliant CEO who promised dividends from the Hunt Gold company? ). Lol
Pulled up this stock from the past which should give you new investors an eye opener of what's been going on since 2008
Posted by: roiresearch Date: Sunday, October 05, 2008 9:18:45 AM
In reply to: Train1 who wrote msg# 59887 Post # of 128737
you calculation is skewed just a tad
From one of the 9/30 8k's:
Upon these cancellations of the above-mentioned shares of the Company's Common Stock, the amount of outstanding shares of the Company's outstanding will be in the amount of 27,062,377,817. This is the amount used in this Stock Dividend calculation.
The Company will receive an amount of US$645,613,390 in Hurasu (see below for description) shares of Common Stock; all to be distributed to its stockholders as an Extraordinary Dividend.
This equates to a .0239 FFGO PPS based on the shares o/s
Where did you see the $10 PPS valuation?
I am curious where the market value of $645 million was derived from as well from the company's standpoint. It sounds as if this company already is registered if the $10 PPS was given. That would equate to 64.5 million o/s for that company. Then based upon the 27 billion shares of FFGO o/s, each FFGO = 0.002385649 worth of a Hurasu share
So if you hold 1 million FFGO, you will eventually receive a stock dividend for 2385 shares of Hurasu
That was just talks about the Hurasu share dividend :) what dividend are we on now?
Dude, who was that last CEO who looked like a Persian and was going to give dividends off a gold stock? That was like... 2 years ago I think? Everyone was talking all high and mighty about him. I remember so many people bringing up his MYSPACE page.
I doubt you'll be buying such things in cash in 2 weeks. This scam has been around for a LOoooNgggg Timeee
Dude..... they have 85billion A/S ... this has to be the ONLY stock out in the market that has an 85 billion A/S !!! UNREAL
Holy cow.... 85 BILLION shares authorized with 75 BILLION outstanding... This is one POS stock/company. Who in their right minds would buy this???!?
One problem with this. DoD will NOT use MAC systems i.e. iPad and iPod touch. I know because I'm in the army ;)
Than it shall be read as "I believe many people" from here on. All in favor say Aye.
I suggest everyone in here do this. We might be able to get some bigger investors on board to try a float lockdown.
If you have a cash account then no one can borrow your shares. If you have a margin account then MM's can borrow your shares, however that only applies to certain brokers. Scottrade allows MM's to borrow the shares from people who use margin UNLESS the client specifies that the shares not be borrowed.
Last time I called the TA there were 167 million issued. That was last week.
YA global has been converting the shares they have constantly. It's bringing the PPS down, but at the same time I could give 2 #$@!'s because this is a grossly undervalued stock. 167mil issued with 300 mil authorized with pps at .0038? Get real :) 10-q is really going to catapult this. The question is, will you guys be able to digest the massive amount of money that this stock will make you?
Low float.
167 millions shares have been issued out of the 300 mil authorized. I have no idea what the float is, but there are still shares left. If the float was locked up then we wouldn't be seeing the PPS we're seeing now.
hydro is the cleanest for producing eletricity... then natgas, nuke, and coal. Coal is pretty dirty though as far as emissions go. Nuke just leaves behind toxic waste which is very hard to dispose of.
What gets me is how this has been trading for the past year and a half. It's been at 0035 and around the area for the past year and a half!! Why on earth? High 5's low 6's is unrealistic right now it seems :) ... I really wish that would happen
so they're using natural gas converted into electricity?
Yea, but what can you do? The MM make the market after all :)
Whether or not this stock was going up or down there will always be someone who digs up dirt on the company. The allegations made against Kenneth are pretty interesting.
Rain... he makes a very valid point. What Kenneth P. Glynn explained to you about the escrow issue was far off from what actually happened.
Wow.. that is so F'd up. $20,000 was left in an escrow account for Ken's client. Ken took out most of the money and then got a written statement with his client's signature asking permission to borrow 10,000 dollars in which he would pay a fee of $500 that day. He paid the $500 fee with his clients own money !!! LoL !!! That is so jacked up.
9. Unbeknownst to Goccia, respondent paid the $500 fee from the
escrowed funds, as evidenced by check no. 1954 in the amount of $500,
dated July 13, 1998. The check contains the notation “Goccia (500
Extra Fee).” Exhibit 1 & 14.
On that last part about the TA he's right. Fidelity does not release any share info on any of their companies they are TA's for. It's a lot of companies too....
check out how much they all cost too Rain! Ken said his model would cost 37.95 and if it's better than the $20 one they have listed on that site it'll be a big hit!
Nah :) No luck needed
I don't want an AM Gapper... I want this thing going sideways for a few more days so everything the MA's can catch up a little bit.
I want to thank everyone who jumped out of the boat today .0024 and handed me you're precious shares :) .. me and TPL loaded all your children up in our boat by the millions.
The only thing that can take this under right now is bankruptcy. Otherwise I see no reason as to why this is trading at half a freaking penny. We like to call this UNDERVALUED :)
Today's decline isn't sharp enough to suggest that it's going to tank all the way back down to the low teens... I'm getting geared up for the next run we'll see in the coming weeks.
all we need to see is a few days of sideways trading... that'll really build the 1st foundation to jump into multi penny land. KATX is a screaming example of that
agreed.... I saw this coming over weekend :)
It might not hit .005 today, but this is a NO BRAINER penny gainer in july. :) I'm thinking .05 is an eassssy target for july.
WOW... talk about some quick dips
WASHINGTON — The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials.
more at http://www.nytimes.com/2010/06/14/world/asia/14minerals.html?pagewanted=1&no_interstitial
5.75 restricted? What's the Authorized and outstanding bigshot?
I was just kidding :p no worries!
Idk... maybe. I know FTD is a one of the signs of naked shorting.
someone in there is a slumdog millionaire :)
No, it had numbers in it. I think it had the name 300 or something... not EIGH :p