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To answer your question, from what I was told by Meuse about 4 weeks ago, they had several deals on the table and they were choosing which one they'd like to proceed with. He said they would release info as soon as the deal was complete. That is why I believe we'll hear something at any moment.
I have spoken to Bache and Stirling, the original owners of tidalwave, within the past several weeks as well and they are still shareholders in the company and I would imagine are interested to see that the new company will be a viable company with great prospects.
Since my conversation with Meuse, he filed a FL SOS filing increasing authorized to 500 million and then filed the 15-12G with the SEC. So, my assumption is the candidate has been chosen and the deal is done and an announcement is forthcoming at any moment.
All of the above is based on my personal opinion and also based on my understanding of my telephone conversations. Hope that's helpful.
Do you think Tidalwave has mltiple companys to choose
from?
Thanks for the info. Hopefully tomorrow will another strong volume up day. GLTA!
Chart wise is that a good thing? I guess my question is, will this mean anything to people who watch charts? Or is this pretty much a non event chartwise. Thanks again.
OK, somebody buy 265 shares at the ask and knock out the 2s :)
Oh man, that would be awesome. That's why I'm in this stock. I think with any news/filings we're definitely a shoe in for at least .50 just based on momentum.
Hey, if a 5000 share buy moves this up 50%, then just imagine when there's news. JMHO. GLTA!
Yeah, I hear ya. It's so tightly held that a $125 trade bumps this up so much. Lots of eyes on this stock and just wait til news/filing hits. I think we'll go straight to .50 in minutes. JMHO. GLTA!
Thanks. Actually a friend of mine who was my broker at the time called me and said I should think about selling at 1.25 cause it had such a huge quick run and he was worried that it was going to go back down and I also thought the same thing and sold at around 1.25. He called me two days later and said he almost threw up when he saw it go to 5.00. Well, what can you do? I wish I had a crystal ball. Like I said, I believe that when any news/filing comes out on this stock, we're off to the races. Just knowing when to sell is the key. Is it going to .50? Or will it hit the dollar range? Who knows? GLTA!
I'm glad we're having a nice volume day. It's always a good sign for me. Stock staying strong. Wonder if we'll close up for the day.
What's a t-cross doji? Sorry, I'm not a chart reader. Thanks.
Only 5000 shares and it bumped us back to .03. Me likey this volume.
Just depends on the company it is reverse merged into. Meuse is known for putting together great deals. I think one of the reasons this specific stock is staying strong is because he controls 88% of the company which the new company will control once the deal is announced. This bodes very well. Also, the original owners of tdwv, Bache and Stirling, are still shareholders, so about 90% of the stock is locked up, so it drastically diminishes any chance for a r/s. And its a Meuse shell. He's a top drawer r/m.
I would imagine, as soon as the deal is announced, the stock will fly just based on momentum. Remember, we are currently owners of a shell, so any company coming in is going to greatly increase the value of the stock. Now, if its a company with great products/revenue then this stock could continue its upward momentum.
I'm not a shell player. But I did own a company several years ago that ended up becoming a shell. It was at about .012 when the r/m was announced and it went to 1.25 within two days. I sold in that range. The next day it went to 3.25 and the next day after that it went to 5.00. It would've been nice to get 5.00 but I was extremely happy with my 1.25. Where it went after that I do not know, as I almost never watch a stock once I get out of it.
You just never know. It's all based on momentum, investor sentiment, what the market's doing that day, the company coming in, cosmic forces, etc. You get the point. If there was a formula that worked, everyone would be billionaires :)
I'm very strong on this stock. I usually buy the company based on my DD and my intuition. I've been pretty successful with it. I'm not a momentum player.
Actually I was thinking exactly the same thing. A nice volume day is a good sign.
I believe for any stock, if you hold longer than a year than its going to be a lower capital gains tax.
Man, when this hits you're going to make bank! The thing with these r/m's is that they are usually extraordinarily tight lipped about it all until it is announced, especially with Meuse shells. He's the best, and plays it by the book. So, I think it'll be difficult to find out any info before the deal is announced.
The good thing is, he's done all the filings, etc and went 15-12, so I can only imagine that we'll hear at any moment. News/filing will just hit and then BAM! That's how these things go. It would be great to know when the news will hit, but then the stock would be much higher already if everyone knew. Kind of exciting, kind of frustrating. Who knows, we could hear this afternoon, or tomorrow.
If I had a few extra sovereigns I'd be buying as well. I think the stock is a bargain at these prices. This is very tightly held and will fly as soon as there's news/filing.
Yes, that was assuming the new company name was attached to the new company :)
Yes, they really must not have any shares when a $500 trade bumps this up so much. Just need the new company name and we're off!
Agreed. Cute cats by the way :)
I don't think what the market is doing that day would matter to them. They will just announce.
I'm actually surprised we haven't heard anything yet. They seemed to move the process along pretty expeditiously. The only thing left now is for the new company to emerge.
I'll see if I can find out anything, but like I said, at this stage of the game they are being very tight lipped when its this close to the announcement.
Nice. This is very tightly held. Lot's of attention. Hopefully news/filing next week and we're off big time! Have a great weekend.
C'mon, buy 265 shares and knock out .03 ;)
That's the reason I was hoping for an increase in authorized. Originally they had 100 million authorized which only gave them 20 million breathing room for private placements, etc. Since they have increased authorized to 500 million, there is no need to do any share reorg cause they have a stash in the treasury.
So, in my opinion, there is no fear of any r/s.
This is all just my humble opinion.
Yeah, I agree. But that's part of the excitement as well. As soon as news/filing hits and the stock flys, then we'll completely forget about the waiting we did and just start counting our profits :)
Yes it does. It's actually a really good thing and bodes very well for minority shareholders like us and Bache/Stirling.
I don't know the deal that Meuse is doing with the new owners. It would not benefit them to sell their shares into the market. I would imagine they would put those shares into treasury for future financing/private placement as needed.
The good thing is they will have nearly 90% of the outstanding, so that bodes extremely well. It's much better than them only having say 51% of the company.
All the above is just my opinion.
Agreed. From my research, Belmont Partners are the best at this. I think we're in very good hands.
But for me, one of the keys is that the original owners, Bache/Stirling, are still shareholders. So, I would imagine they are watching this pretty carefully as well. All good stuff in my opinion.
I left a message earlier in the week. At this stage of the game, I would imagine they are going to be very tight lipped until the deal is announced. When I did speak with them about two weeks ago the announcement/filing was imminent. Someone else posted on here around the same timeframe that they were told the same thing. So, I can only imagine that we will hear at any moment.
The last thing Meuse did was a FL SOS filing increasing authorized to 500 million (which is what I was hoping for) and then he filed the 15-12 to go dark. The only thing left now is for the new company to emerge. He's meticulously put all his ducks in a row, so I believe we will hear at any moment. I'm waiting just like you and watching the FL SOS filings as well as the 8K filings.
Also, remember that Bache and Stirling are still shareholders in the company which bodes extremely well in my opinion. Also, there has been steady accumulation and a slow rise in the stock price over the last few weeks which could mean people connected to the inside may know something and are accumulating quietly.
So, in my opinion, everything is aligned extremely well and I'm waiting with bated breath.
I do believe this stock is a bargain at this price. As soon as news hits, I believe we'll go to the .50-1.00 range immediately. Very tightly held float. Remember, Meuse has 88% of outstanding (70 million) and Bache/Stirling still have shares, let's say about 2%, so 90% of the outstanding is tied up, probably leaving less than 9 million in the float.
All of the above is just my humble opinion.
Wow, its not going to take much to get us to .055. Just need a little volume.
Can you post the L2 snapshot again for this am? Thanks.
Hopefully a bigger day tomorrow. C'mon news...hit the airwaves!
Well, we closed up 30% today :)
I'm actually surprised that we haven't heard anything yet. It literally sounded very close and that was about two weeks ago. I guess with these r/m's they just announce it and BOOM the stock goes crazy.
December 25th, 2007 - 4:08pm
Well, two of us on the board have been told by Belmont that a filing/PR is imminent. So, I would assume it'll be forthcoming literally at any moment. I was told about two weeks ago during the same timeframe that someone else posted on here. Stay tuned.
Ok, buy 265 shares and take out .027 :) I think you're right, mms have no shares. This is wound tightly, any news and this will fly quickly.
OK, buy another 265 and take out .021 :)
That's for sure. Well, someone took out .02 on 265 shares!
Has anyone called Belmont Partners recently? I know someone said they spoke to a contact there about a week or so ago and were told a filing/PR is imminent. I was told the same thing during the same timeframe. Has anyone been able to get in touch as of this week?
We must be very close.
How many shares are there? Can't be many.
That's exactly what I thought as well. Didn't think I'd be able to get my position back and would end up spending more trying to get it back before the run. So, I'm holding.
Yeah, if I had some extra sovereigns I'd be accumulating more as well. I already have quite a bit so I'm looking forward to the PR/filing. Hopefully this week.