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My reading comprehension skills are great, thank you!
Your prior post lacked clarity, now I understand your point.
If they are in the middle of buyout or merger talks they are in a silent period. Normally the silent period lasts for 60-90 days while the companys do their due dilligence. While many investors might view this as a negative, this is a process that takes time and is not something that happens overnight. I believe that all their chest thumping in January was not just an act.
Speaking from experience.. sold a privately held company to a public one in 2000.
So with your rambling post what is your point? You believe then that the pps would be affected by posting less then stellar numbers? When the stock is trading 90% less then it should be anyway?
I called it at a penny and a half, should I post that on here several times a month?
And do you think by posting the numbers on the website that it would affect the pps? LOL! I think being amibiguous would hurt the pps more then posting even bad financials would.
The buyout still could be very much in play. All that did is confirmed what we already suspected, they are not going to file financials going forward. They could still post financials on their website, it wouldnt cost them a dime. Now the million dollar question is why wouldnt they? If a merger/ buyout was in the works they wouldnt, otherwise why not?
You are right, would prefer buyout as well. Wasnt thinking earlier.
Merger would be good with me! Definitely would see a change to the pps either way!
It wouldnt say sold if they are still working on terms. Also if there wasnt a sale in progress, why take the ad off? If BK was in their plans, company could still be sold. Would make no sense as far as I am concerned. Dont know hard to say at this point, just dont think that this looks like a bk to me. And again JMO
Reading comprehension, understanding the meaning of different phrases as per inferences concerning UNGS.
What part of JMO and making dogmatic statments dont you understand? High school anyone?
I believe infers an opinion... dogmatic statements is beyond that.
And I have read enough of your bs posts to know what camp you are in.
LOL! I am not emphatically stating a message one way or the other. My belief is that this will be a buyout/merger. However some people here state things in such a way as to indicate that they have undeniable knowledge as what is going to happen. Which we all know is bs and is intended to shake out the weak hands.
By the way that is not an opinion, it is fact!
And your proof is?
I would believe that if they were filing bk then they would still have their ad up to sell the company. Seems merger/buyout more likely.
I agree, and dont believe that bankruptcy fits what is going on here at all. I am in the buyout/merger camp.. yes there are several things here that make a person go hmmm..
Level 2 looks very thin!
I agree with your post, still curious as to why they would not post a 10k? The 10k would not need to be an audited statement. And yes it could save them about 4k in filing fees by not doing it, but at least they should post financials on their website then?
For now to me it looks like they do not want financial information made public, which could be a buyout/merger. I cannot think of another reason why the company would not at least give shareholders a heads up, unless they were filing to go bankrupt. (Dont believe that is happening)I think the lack of news the past few months tends to support the idea that they have been in buyout/merger talks. JMO
After thinking about it, I think you are right. ATRN is going through the same scenario, filed a form 15. However, with ATRN the pps dropped, and I believe that to be due to the fact they filed an 8k announcing that they were going "dark". Further adding to the negativity. Here that is not the case, and could be reflected in a positive pps in the days to come.
I am betting the acquisition scenario as well... I dont see bankruptcy as a possibility.. JMO
Yes, it will continue to trade, up until the point that a buyout offer is accepted by the board of directors and shareholders. would look for the pps to drop some in the next few days... week, as there will be some who will not want to take the risk.
I believe that after the form 15 is filed a notice of Effect is filed 10 days after the form 15. Then a buyout/merger pps will be presented no later then 10 days after that filing.
If this is what is happening should be the longest we will have to wait.
I will take the other 200k!
.003 would do just fine, thank you!
Nice! I am only sitting on 5 mill, but I would sure take two pennys no questions asked! LOL
Nice! Wonder what UNGS would be worth in a buyout/merger? Maybe a couple pennys a share wouldn't be a huge stretch??
Yep! I agree completely!
Do you remember how long after they filed the form 15 that they took a pps offer to the shareholders?
Thinking it needs to be filed within 10 business days if that is there intent?
I believe that if there is a buyout/merger they have 10 business days to make it public?
I am not sure of that though.. something I heard, will have to catch up on some reading.
I believe the cost of the filing is around $4k, so I doubt very much whether it is a money issue that prevents them from filing quarterlys. Doesnt seem to make any sense, my guess would be they are being bought out, but that is jmo.
It means the company is not required now to post financial information. They are going dark with their info, which could mean several things.
(1) It could mean that the costs of filing are prohibitive and they are looking at going on a lower tier OTC board.
(2) Could also mean that they are going dark with information because they are selling or merging with a different company.
If the companys is in the middle of a merger/buyout we will recieve no 8ks no financial information whatsoever.
Company just filed a form 15! Could a buyout be on the way?
If they dont file a 10K then they have to file a form 15, unless they blatantly thumb their noses at any and all regs.
We should know something by tomorrow morning for sure! Same thing happened with ATRN but at least they filed Form 15 then followed that up with 8k that they were going dark. And deregulating shares, speculation there is buyout in process but who knows?
Where is the 10 K? Wasnt it supposed to be out today?
Still fail to see what this link has to do with Dr. Pennystocks suggestion. We have invested money into a company that doesnt give a flip about it's shareholders. IMO it is all about putting pressure on the company to become forthcoming or at least make them aware that we also have some rights as owners of this stock.
It may not help, but what could it hurt? I dont see any negatives to doing such a thing, unless a person was paranoid about taking a snapshot of his/her trading account.
Your sources on this stock suck! The other day you claimed a 150,000,000 share dump. Who listens to this garbage anyway?
Hoping to free up cash next week, I will be buying more at these prices.
Holding strong with just abit over 11 million shares, and hoping to add more soon! At this point not much more to say that has'nt already been said.
Maybe if he was playing Beatles records backwards... now then he would be sending us a message. LOL
Agreed, and since they are coming out with merger news soon.. they probably dont care.
Thanks!
And I am sure you have content to back up the validity of your claims?