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Here's a news flash: INPT has its own counsel. I've spoken with him and he is quite competent.
Orgenesis changed its name and ticker from Business Outsourcing Services Inc. (BOUT). It's not the same company that used to be Organic Solutions.
This one has 1,750,000,000 authorized shares, so I'm expecting plenty of dilution.
Yeah, I've been posting here since October 2009. I've followed the company for many years and consider the CEO a friend, although at time I've been frustrated by his missteps and stubbornness.
What you saw on Level II was just real live people selling after more than a double in the stock price. Also, the company paid some consultants in stock, which created an overhang. Near term, the company is basically a shell after divesting their operating subsidiary and now moving toward acquiring a start-up. Long term, they'll have some bright people working on cutting-edge stuff so they have a chance to do well.
"The shorts will start running by covering and help us reach our target if we are persistant and make them understand"
There are no shorts in NEIK. Let's keep things factual, please.
Sometimes I'm just speechless.
unfounded information that is stated as fact
You've just summed up this board and many (but not all) of its posters' output in one neat little phrase. Nice going, B2B!
Last year they had an LOI to acquire MAQ Sonar, a different company. They didn't consummate that deal, partly because Phil Johnson, an old friend of Wilson's, left MAQ along with Dan Ward to co-found Echotec. It's a start-up, no revenues yet.
LUXR is in the calm before the storm but just started behaving oddly on light volume, watching for blocks to resume
edit: deleted post because my question was answered in a PM, thanks
No, they announced a reduction to 5 billion. Still huge A/S.
Dilution. They have no cash with which to buy the real estate that they're supposedly going to invest in, so they are raising it by selling stock.
Quote, with the best part in bold:
XXXX = INTERNET SENSATION!!! This hot OIL and GAS play is initiating a MASSIVE awareness campaign beginning next week!!!.... This includes all the social networks such as: Twitter, Facebook, Youtube, Linkendin, Wordpress, Ihub and MORE!!! the company plans to have timely PR's regarding acquisitions and increased oil & gas production!!!!.... The campaign is to run for TWO WEEKS!!! so not a P & D!!!..... MAJOR awareness to be brought forthwith to XXXX!!!!.... BIGGEST PLAY OVER THE NEXT TWO WEEKS!! THe POWER of the INTERNET will show it's MEGA STRENGTH & POWER!!!!..... the news is spreading before the campaign even begins, but today is only a BABY STEP for what is really coming next WEEK!!!!......MEGA BAGGER on the WAY!!!!
XXXX = INTERNET SENSATION!!! This hot OIL and GAS play is initiating a MASSIVE awareness campaign beginning next week!!!.... This includes all the social networks such as: Twitter, Facebook, Youtube, Linkendin, Wordpress, Ihub and MORE!!! the company plans to have timely PR's regarding acquisitions and increased oil & gas production!!!!.... The campaign is to run for TWO WEEKS!!! so not a P & D!!!..... MAJOR awareness to be brought forthwith to XXXX!!!!.... BIGGEST PLAY OVER THE NEXT TWO WEEKS!! THe POWER of the INTERNET will show it's MEGA STRENGTH & POWER!!!!..... the news is spreading before the campaign even begins, but today is only a BABY STEP for what is really coming next WEEK!!!!......MEGA BAGGER on the WAY!!!!
Barchart.com is on drugs.
I was a mod here for awhile, but got bored waiting for something to happen. This week's PR was interesting.
BFLX was the Bestdamnpennystocks P&D from a few days ago. I would say that this is another moron who doesn't know the difference between libel and slander, but he's Danish so maybe he has an excuse (but his U.S.-based advisors don't). I haven't read the board comments that he's referring to but I assume that they were protected personal opinion, anyway, and what is a "rocket alert"?
Bioflamex Corp. Responds to Recent Trading Activity
Mar 9, 2012 9:04:00 AM
COPENHAGEN, DENMARK -- (MARKET WIRE) -- 03/09/12 -- Bioflamex Corp. (OTCBB: BFLX) announced that it has initiated an internal review and investigation of the unusually high volume of trading in its common shares on the OTC Bulletin Board, and the resulting precipitous drop in the market price for the stock. CEO Kristian Schiorring says, "It appears that a very high volume of short selling has negatively affected the share price. There has been a slander campaign on the message boards, and even a press release about a sell-off issued by rocket alerts under our ticker to induce panic selling so the short sellers can profit."
"Bioflamex would like to make it clear that the officers, directors, and insiders of the company have not been selling shares. We are always committed to acting in the best interests of our shareholders, and will review this trading activity in the hopes of learning how we can prevent it from ever happening again," stated CEO Kristian Schiorring.
About Bioflamex Corp.: Bioflamex Corporation is a company focused on the development, production and marketing of its proprietary "clean tech" and advanced high performance fire prevention and fighting products and systems.
With its global scope, Bioflamex Corp. primarily aims at penetrating its main market segments with its proprietary Bioflamex aerosols and Sentinel wildfire detection and prevention systems.
The mission is to protect the environments while saving lives and property from fires. The Bioflamex Corp. products can enhance private households' ability to safely and efficiently fight and prevent home fires, and increase the ability to protect private and public property in forest fire prone areas with little or no contamination of the environment.
In a $100 billion fire safety and electronic security market, Bioflamex Corp. aims to become a leading "clean tech" niche player and to generate a $100 million+ turnover within the next 5 years.
FORWARD-LOOKING STATEMENTS: "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements relating to the company's business activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations about the Company's business. Words such as expects, anticipates, intends, plans, believes, estimates and similar words and expressions are intended to identify such forward-looking statements. These statements involve risks that are difficult to evaluate. Actual results can vary from descriptions herein due to many factors including changes in metal prices and business conditions; changes in laws and regulations; problems encountered in exploration and obtaining permits; changes in the competitive environment; technological advances; shortages of skilled workers, drill rigs and equipment; the need for additional capital and other risks listed in the Company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made. The Company does not undertake any obligation to update forward-looking statements.
www.bioflamex.com
Investor Relations contact:
bflx@mscorpcommunications.com
1(888)477-3999 North America Toll-Free
1(646)417-5339 NY Local
Source: Bioflamex Corp.
Yeah, I'm not sure what the story was with the substance-free posts. Here's some (very little) substance: I spoke to Wilson Russell today and they will be putting out a press release in the near future regarding their new direction.
Some people seem to prefer volume of posts rather than substance. Like you, I'm still waiting for the first insightful comment.
"easy transportability," LOL
"3:1 9x multiple spin-up IPO"
Care to translate?
I bought a pile of it today, too. Didn't think I'd see .01 again.
Hmmm. I believe I know who it was, too. The release is just a series of statements about what the company plans to do, and the author probably honestly believes them to be true. I wonder if he thinks that he doesn't have any potential legal liability because he carefully avoided any explicit representation that the company itself was the source of the release. However, it is clearly still a willful attempt to induce the purchase of stock by creating a false impression, so it's probably securities fraud.
Even after the revision, the release is still riddled with sloppy errors, but that casual legal judgment could prove to have been the biggest error of all. I wonder if he thought he was safe because a legal secretary helped him write it.
I hope for his sake that he didn't sell any shares into the pop, because that might be decisive in making this actionable. I doubt that he did.
Nice post. I couldn't agree more.
Posting is one thing, and reasonable people may have different opinions on whether it's appropriate. Idiotic threats are another matter altogether. This guy, whoever he is, just crossed the line in my view.
Obviously you haven't spoken with a lawyer, OR anyone who knows how to write English ("we have EYE on you" - what is that, something out of a bad movie?!). Slander applies to oral statements, and libel applies to written ones. But personal opinion is protected speech.
In my current opinion, based on your post and the website nonsense this past week, you and whoever else is involved with this company are not to be trusted. I'll be looking to liquidate the rest of my stock at the earliest possible time.
the 8k can be revieling on a companies direction
Sheesh. I know I commented on their website gibberish the other day, but again... what language is this? It's not English.
Majority Stockholders will vote new Officers in position and move forward with projects to excel AimRite Holdings Corporation into positive horizons.
If these guys don't get their act together, no AIMH shareholder is going to see his portfolio excelled into positive horizons.
Still here, I showed up a few seconds before you did. I just lost a few shares on the way up, damn, but have more left.
The CEO told my friend recently that he is not going to put out a fluff press release just to create some activity in the stock. He has been adamant about that since last October. However, the company's business plan appears to be moving forward and as soon as they say something publicly, within five minutes it will be too late to buy stock anywhere under .10. Level 2 shows 5,000 shares offered at .04, 5,000 is at .078, and then everyone else is at .3037 and higher. It's actually pretty funny.
The public float is between 2-3 million and obviously (from the lack of trading volume) almost all of it is being held tightly.
EDIT: I guess someone read my post. The .04s are gone. Best offer now .075.
Anyone who wants the company not to be able to properly incentivize its employees should vote against the increase. Everyone else should vote to approve it.
I looked at it. What should I do next? :)
This guy has bought and sold several times in the past few weeks, as have I.
I know today's seller. He was underwhelmed by the new website and wanted to scale down his position.
Interesting. One market maker offering 5,000 shares at .04, and one at .078. Next offer is .3037, and the others who were at .3037 last week have fled to .4555.
NITE may have more stock for sale between .04 and .078, but I'm tempted to take them out just to see what would happen.
"there still would be no R/S, or dilution like some suggested last week"
Questionable assumptions. AIMH has no cash. What currency do you think it will use for acquisitions?
Answer: Its stock.
There is GOOD dilution and BAD dilution. When a company can issue stock to acquire assets that are accretive to the bottom line, that is GOOD dilution.
Ugh. The first thing they should do is hire a proofreader.
Steven Wright once bought some powdered water, but didn't know what to add.
So now the seller through ETMM still has 4,000 to sell, but that is below the minimum necessary to display. BFD. And it was $7.70 worth of stock. You call it a good thing, but what possible benefit does it have to anyone other than one who mindlessly looks at the closing price and maybe sees his portfolio value a few hundred dollars higher (until the next trade tomorrow morning)?
To me, it's just juvenile.
I see the idiot tape painter is at it again.
"his actions have risen to the level of criminal securities fraud because many statements were outright false when made (e.g., the June 2010 statement that funds were deposited, announcement of a contract guaranteed by Lebanese government, describing the GSB guarantee and US Capital Trust SBLC as cash backed) and there is no protection for the issuance of wildly inflated and false financial statements such as the June 30, 2011 one that showed $439 million of cash."
This is 100% true. IMO, it is just a question of whether the SEC will be motivated to do anything about this long-running fraud before the figurehead* dies, goes into a nursing home, or similar.
*I don't believe that Herzog has been acting alone all these years. Kinda like "Weekend at Bernie's."
Obviously not yet. I don't trust them as a real investment after their history of paid promotions (i.e., P&Ds) in early 2011, but the stock price will turn up at some point.