Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I'll Repeat This
Till the day I lose ALL my money on this stock.
I know whos selling, Its the note holders, And they're dumping them thru M/M = DOMESTIC SECURITIES " DOMS "
But for the life of me, I cant figure out whose buying them, Its NOT RETAIL, That I know. So who then, and why ??????
I just couldn't help myself, I bought more, Oh Boy
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=aglv&SortBy=volume&Month=1...
IMHO,The Next Two Weeks Will Show A Strong Uptrend
They may try another one or two shakeouts, But overall the stock should raise in the next two weeks before earnings come out.
With AGLV, Its useually the only chance this stock has to make a move, They NEVER come out with updates on progress of the company, So the only chance they have to make money on the shares is when earnings come out.
Iam looking for a move over .01 by the 21st of Nov.
Where it goes from there is anyones guess.
Good luck to all and lets not forget, This is just my opinion, And opinions are worth what you pay for them.
'USC-Trader' The Volume Is Not Strong Enough
right now for the turnaround to be in progress at this time.
2 things may be in play here.
One - Lets not forget that the note holders are allowed to hold 4.9% of the OS, So if as I think they were finished their selling on Oct 31st, They were still allowed to hold around IMHO 9M shares to carry over to this month, They may be pushing this up so they can dump the remaining shares into the market.
Two - They are finished selling and we may be getting ready for a run, Lets not forget that earnings are due out by the 15th, but to be honest I do expect an NT 10Q so they most likely wont release till the 21st of nov.
but that dosent mean they wont take it up a bit before earnings come out, IMHO they will.
I Can Not Eat Another Share
Good luck to all, Now, Lets start the turnaround
Last Day For Me To Load Up
And that I will do if givin a chance, At my price of course.
D4tress, I've been asking that question all along.
one answer may be, This may be naked shorts that are selling shares they dont have.
The other may be, Ray Grimm, That guy knows something about this company the shareholders dont, And hes keeping it to himself.
He owns 67M shares as of the last 10Q, Hanser owns 8M, Caracciolo owns 1M, Thats a very big chunk, So if I go down, They're coming with me.
'USC-Trader'
Good luck trader.
As I've before, The CEO didnt buy shares at .01 early this year, 44M @ .01 I believe it was , For nothing, He'll make money before somethings happens, They always do, JMHO
'USC-Trader'
I'am going to see if I can pick up 4M between yesterday and today and monday.
I'll take a shot, I think this'll go to at least .01 by years end, Then I do think this Company is in real trouble, JMHO
Picked Up 2M
Iam starting early
Watch It Boyz,ARCA Setting This Up For DOMS
AGLV & Ray Grimm Must Have A Lot Of
Confidence in this Company to get a bridge loan for 200K thats due in less then 4 months, He must know something that the current shareholders dont.
That'll make you wonder.
Some News Out This AM
http://biz.yahoo.com/e/061026/aglv.ob8-k.html
Form 8-K for ACTIS GLOBAL VENTURES INC
--------------------------------------------------------------------------------
26-Oct-2006
Entry into a Material Definitive Agreement, Creation of a Direct Financ
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On October 24, 2006, the Company received cash proceeds of $200,000 pursuant to the terms of a promissory note payable to Sujon Limited to provide financing in the amount of $200,000. Under the terms of the note, the principal balance plus a premium equal to 2,000,000 restricted common shares of ACTIS Global Ventures, Inc. and an interest rate of twelve percent (12%) per annum would be due and payable on or before February 18, 2007. The restricted shares would have piggyback registration rights.
The foregoing description is a summary and is qualified in its entirety by reference to the Promissory Note which is filed as Exhibit 10.32 hereto and incorporated herein by reference.
ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT
The information included pursuant to Item 1.01 is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit Number Description
10.32 Promissory Noted Dated October 19, 2006 Between
the Company and Sujon Limited.
cpa, They Can Only Hold 4.9% of the OS
At any one time, They can sell into the market, But the problem is, There has to be BUYERS for them to get more shares.
No buyers = they are stuck, If as I think the new OS is 240M , 4.9% of that at the end of the month 11,760,000 shares.
As for the company being late with the filing, They're always late, Remember this is OTCBB And most are late in filing, MEANS NOTHING
Well As Of Aug 21st there were 165,285,122 shares of common stock issued and outstanding.
Since then there has been Aprox 142M shares traded, Now you have to guess how many of them were Newly Issued.
Just my guess , I would say 75M so that would bring the OS IMHO to 240M
Now we have to take into account that there was a run right after the last 10Q was released and the amount of shares traded from Aug. 22nd till Aug. 31st was Aprox 31M, So I would assume that most of that run was people looking to get out.
So heres the breakdown of shares traded from Aug 21st to Oct 23rd
Aug. 31M
Sept 70M
Oct 41M
So out of those shares I would say 75M were newly Issued, JMHO
Whats Yours
Looks Like DOMS & UBSS Are Taking This Up
and getting ready for one more BIGGGGGGGGGGGGGGGG Dumping of shares before they let it go. JMHO
'USC-Trader'
Please dont play this on what I post " Please "
All of what I say Is just my opinion , And just that " Opinion "
Its best if you do your own DD and come to your own conclusions.
My opinion is worth what you just paid for it.
No Inside Info,
The 8% & 12% Notes expire between July and October 2006 and are convertible into shares of common stock.
Now they haveen't sold near the amount of shares needed to cover those loans, So they must have sold enough to cover the interest payments due and then sat down and reworked that loan.
So that says to me the selling will end in Oct, Thats why Im buying starting in Nov.
Thats just my opinion,
'USC-Trader' I Think If This Keeps Up
You'll owe the company money, But I do wish you well, But to be sure, This does NOT look good at this point.
IMHO The OS must be getting to or over 500M by now, Not that you wont see another run or two left in AGLV, As I've said before, The Officers exchanged their loans to the company in March 2006 for shares at .01 @ and Ray Grimm had over a $400K loan outstanding to the company and he exchanged that loan for over 40M shares.
If You think hes gonna lose money, You're out of your mind, he wont, He'll make money on that, one way or another.
Anyway, as of Nov 1st, I'll start buying, Because thats when it'll start moving up.
IMHO .001'S By Next Week And The Week
After that, Shareholders will owe Actis money, LOL
What a POS
Looks Like A New All Time Low 4 This POS
Again today.
The company should just close the doors IMHO Dosen't look like it'll ever go up again.
But one never knows when it comes to greed.
cpa, You're Not Watching Level II If You
were, You would have seen DOMS on top of the ASK all morning and into the afternoon, As soon as DOMS goes away, The stock moves up, ARCA Has " NOTHING " to do with this drop.
Anyway cpa, IMHO It Really Dosen't Matter
I think the company is just about finished, Maybe just maybe it'll have one more run so the officers of the company can dump their shares on some idiots out there.
cpa, You're Kidding Right ????
Just look at the Volume
ARCA SEPT 1,494,900 AUG 2006 4,303,000
DOMS SEPT 48,833,500 AUG 26,404,600
Does that give you any clue, For the last 2 months ARCA Sold 5,797,900
While DOMS SOLD 75,238,100 Helloooooooooooooooo
And you think ARCA is the seller ?????????????
cpa2002, To Be Honest ARCA Is Not The Problem
Its DOMS , NITE , UBSS , ETRD , In that order
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=aglv&SortBy=volume&Month=9...
AGLV - ACTIS GLOBAL VENTURE
Page of 1
September 2006 August 2006 Year-to-Date
Volume Rank % Volume Rank % Volume Rank %
--------------------------------------------------------------------------------
Total Share Volume 70,554,573
--------------------------------------------------------------------------------
DOMS
DOMESTIC SECURITIES, INC. 48,833,500 1 69 26,404,600 1 54 76,334,100 1 35
NITE
KNIGHT EQUITY MARKETS, L.P. 5,714,424 2 8 6,661,234 2 13 39,977,402 2 18
UBSS
UBS Securities LLC (UBSS) 5,496,199 3 7 6,134,690 3 12 39,147,712 3 18
MAXM
MAXIM GROUP LLC 3,095,000 4 4 - - - 4,866,100 9 2
ARCA
WAVE SECURITIES, LLC 1,494,900 5 2 4,303,000 4 8 7,112,599 6 3
ABLE
NATEXIS BLEICHROEDER INC. 1,317,000 6 1 - - - 1,337,000 13 <1
HDSN
HUDSON SECURITIES,INC. 1,243,100 7 1 1,667,000 6 3 5,160,958 8 2
ETRD
E*TRADE CAPITAL MARKETS LLC 1,214,550 8 1 2,025,731 5 4 13,774,685 4 6
SSGI
SETON SECURITIES GROUP, INC. 1,170,000 9 1 - - - 1,275,000 14 <1
BMIC
BILTMORE INTERNATIONAL CORPORATION 385,000 10 <1 192,200 10 <1 604,200 17 <1
SACM
STERNE AGEE CAPITAL MARKETS, INC. 315,900 11 <1 334,500 8 <1 1,456,950 12 <1
SBSH
CITIGROUP GLOBAL MARKETS INC. 160,000 12 <1 180,000 11 <1 340,000 19 <1
PERT
PERSHING LLC 100,000 13 <1 5,000 16 <1 2,350,900 10 1
VFIN
VFINANCE INVESTMENTS, INC 10,000 14 <1 560,000 7 1 1,159,582 15 <1
HILL
HILL THOMPSON MAGID & CO., INC. 5,000 15 <1 51,900 12 <1 1,772,367 11 <1
Note Holders Still Selling This POS
They let the price move up a little and when buyers come in , They dump their shares. LOL
Looks Like Another Reacord Setting Low 2day
What a POS, If they keep going like this , It be -.01 in a months time, LOL
The Good Thing Is That
The holders cant hold more then 4.9% of the Company at any time, Bad news is they can sell shares into the Market and just keep dumping while they continue to hold 4.9%
If what you say is true, That they only have till 10/31/06
They wont have enough time to dump more then say 75M more shares, That IMHO will amount to only about 150M shares they've dumped in the last couple of months.
Then what will happen is the Company Will Amend The Agreements, Believe me, These Note holders are not going to lose a dime.
First, They Shorted the stock Knowing full well that if the price is down, They'll get more shares, So they short it, Make money on that end, Get more shares on the other end, They're just doing the old double dipping, You just got to love it.
The issuance of shares upon conversion of the secured convertible notes and exercise of warrants may result in substantial dilution to the interests of other stockholders since the investors may ultimately convert and sell the full amount issuable on conversion. Although the investors may not convert their secured convertible notes and/or exercise their warrants if such conversion or exercise would cause them to own more than 4.9% of our outstanding common stock, this restriction does not prevent the investors from converting and/or exercising some of their holdings and then converting the rest of their holdings. In this way, the investors could sell more than this limit while never holding more than this limit.
Kind of makes you wonder what the he11 Grimm and Hanser were thinking about when they took Shares as compensation for the money that was owed them, In Grimm's case $415,000.00 was owed him and he took stock at .01 a share, Wonder if he knows something we dont, Or maybe hes just that dumb.
NOTES PAYABLE
The Company has Promissory Note agreements with Mr. Ray W. Grimm, Jr. and Mr. Alfred Hanser. Such notes accrue interest at a rate of 8% per annum. On December 21, 2005, Mr. Grimm and Mr. Hanser agreed to convert their outstanding shareholder loans into common stock. As of December 31, 2005, our obligations to Mr. Grimm and Mr. Hanser for the principal and accrued interest on these stockholder loans was $411,933 and $3,048, respectively. On March 17, 2006, the Company issued common stock to Mr. Grimm and Mr. Hanser as payment of its obligations under the notes payable and accrued interest. The Company has no further obligation under these agreements. See Note 8 above.
I Just Picked Up Some
Bandages and I'm going to send them to the CEO to see if He can Stop the Bleeding.
New All Time Lows, The End Is Near
IMHO The company knows they can do nothing and have givin up.
Its kind of sad, At one time you could make money with this company, Now even the Insiders are screwed on this one. LOL
Dont Block The Exits, Let These Boyz Out.
IMHO Next filing may be their last, LOL
Well That Was The Drop I Was Waiting 4
Lets see what happens now, Hopefully the turnaround happens now, We'll see in the coming days, GL2A
IMHO, Close Today @ .0048 Or .0066 Or Higher
They're gonna finish this TODAY one way or another.
'USC-Trader' At This Point Why Would It Go Up ????
The quick answer is, IT WONT
Not until the Debt Holders finish Shorting & Selling
And to be honest,That dont seem soon, The lower the price, The more shares they get, They're making it on both ends, Shorting and then driving the price down by selling, Which makes for some very happy debt holders at this poing.
I'm very surprised the Company has not put a stop to this by now, They are just as at fault as the holders of the debt for not speaking up.
I know Im taking advantage of what they're doing and will cash in when they finish.
The good thing is, I dont think it'll go much lower then .0048
They are selling and Shorting, Its Double Dipping
THE CONTINUOUSLY ADJUSTABLE CONVERSION PRICE FEATURE OF OUR SECURED CONVERTIBLE NOTES MAY ENCOURAGE INVESTORS TO MAKE SHORT SALES IN OUR COMMON STOCK, WHICH COULD HAVE A DEPRESSIVE EFFECT ON THE PRICE OF OUR COMMON STOCK.
The secured convertible notes are convertible into shares of our common stock at a 40% discount to the trading price of the common stock prior to the conversion. The significant downward pressure on the price of the common stock as the investors convert and sells material amounts of common stock could encourage short sales by investors. This could place further downward pressure on the price of the common stock. The investors could sell common stock into the market in anticipation of covering the short sale by converting their securities, which could cause the further downward pressure on the stock price. In addition, not only the sale of shares issued upon conversion or exercise of the secured convertible notes, but also the mere perception that these sales could occur, may adversely affect the market price of the common Stock.
Note
""""The investors could sell common stock into the market in anticipation of covering the short sale by converting their securities, which could cause the further downward pressure on the stock price."""""
Think Someones Shorting AGLV ??????
Sure as He11 looks that way,
165,290,000 OS
81,700,000 FLOAT
75,400,000 INSIDERS = All Aprox Figures
Last 35 Trading Days have traded 97,907,600 Shares
Stock is down from around .03 to where we are today .0065
When the Company decides to get involved in this , The share price will IMHO push past .02 in a matter of Days.
I was in for the run that went from .0055 to over .07 in Jan and it was just a matter of days for that to happen.
When the shorts figure they've made enough, They'll pull back and then Off We Go. GL2A
Neuro
Glad everything is well with you, Haden't seen you lately and with all thats going on was a bit worried,
Iam truely glad your OK. Lenny was asking for you as well, Catch you later, Have to open my shop, Justabroker