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I can't believe I see the words prevent dilution here.
I have read SEC rule 416 and I challange anyone to attempt a plain english explaination of what the heck it say's.
I believe it covers the registration requirements for the shares offered in their employee compensation plan.
I can't even begin to delude myself that I have a glimmer of understanding about the multitude of curtains that companies can hide behind.
CALCULATION OF REGISTRATION FEE
Title of Amount Proposed Maximum Proposed Maximum Amount of
Securities to to be offering Price Registered Aggregate Registration
be Registered Registered(1) per Share(2) offering Price (1) Fee
--------------- ----------- --------------- -------------------- ------------
Common Stock,
$0.0001 par value 200,000,000 $ 0.05 $ 10,000,000 $307.00
1) Pursuant to Rule 416(a) of the Securities Act of 1933, as amended
(the "Act"),this registration statement shall be deemed to cover additional
securities that may be offered or issued to prevent dilution resulting
from stock splits, stock dividends or similar transactions.
Symbol: OGOH
L2 Summary
Bid Level #MM's Size Ask Level #MM's Size
0.0150 1 5000 0.0150 4 25000
0.0130 3 20000 0.0170 1 5000
0.0120 1 5000 0.0190 1 5000
0.0110 1 5000 0.0200 1 5000
I wonder who is building that giant wall of shares on the ask at .015
OGOH: QualityStocks received $5,000 and received 220,000 from OGOH for 90 days of services.
This sort of paid stock promotion has certainly proven to be a benefit to the shareholders of this company
It is my opinion that this press release will mean nothing to the existing shareholders. It doesn't seem to matter how much positive press they release because the company continues to sell shares diluting the value of the existing shares. If they were being truley forthright they would pr the multiple releases of shares into the market instead of just including the numbers in sec filings as they are required to do by law.
The picture they paint with every positive press release is not indicitive of the true state of this company as an investment. This press release should include the number of shares that they intend to sell into the market interest created.
Disappointment rears it's ugly head once again. Face turned toward the light, it shrinks back into it's lair to await yet another innocent wretches folly
I forgot to add they are using shares as part of an employee compensation package.
Don't be surprised if you receive their electric bill in your mailbox
I have very limited skills but from what I've been able to determine they are using a revolving line of credit keyed to receivables to purchase inventory. It is my belief that they are using shares to pay down this credit. I also believe that Laurus is still converting shares to pay of the initial part of the convertable portion. So buying shares here is not so much investing as paying off their debt for them. I'm not really sure that could be called an investment in any real definition of the word.
I hope that they appreciate the help that their shareholders have given them.
I am curious how Mr Turk will maintain majority control after the issuance of so many shares since the split. Over 40 million I believe. I believe his shares were reduced with the split as the rest of ours were, however I am not aware how the preferred shares factor into the numbers.
All this is my opinion and based on limited ability
MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.
We plan to sell as many shares as we possibly can,and then resell them again, and again, and again
No point in worrying about it now. Not worth even selling at this point. The top gun program does seem to be the best plan. I just dosen't matter how good they look. I'm sorry I wasted all the time with D&D at this point, I really applied myself to try to educate myself well, lesson learned. Not a lot of money, but I'm not happy. At this point the money would have been better used donated to the poor for Christmas.
I guess you're not allowed to post an opinion on this board.
I don't even think it was an opinion, I think it was a fact.
Maybe this one will stay here. It is my opinion that this is a very bad company to invest in. You would be better advised to purchase lottery tickets, at least then you would have a one in a million chance.
this company sucks
Yahoo now has a message board for CONFORCE
If you hurry you can be second to post,you know who was first
That girl on the bottom of your posts makes it very difficult for me to concentrate
Yeah I think we're all Expecting some post show news.
All I care about is something concrete. I don't care to hear any more projections,promises,or updates.
The pps is getting very close to my first purchase price. Pre split purchase price that is.
I may be a Dumba$$
Disappointing
Disheartening
Discouraging
Disillusioning
Disappearing
and my favorite
Dumba$$
His lawyer won't allow him to say.
Conforce at Intermodal Conference in Amsterdam
MARKET WIRE via COMTEX
Toronto, Ont. - December 4, 2007 Conforce International, Inc. (OTC-PK: CFRI - "Conforce" or the "Company") is pleased to announce that it will exhibit its EKO-FLOR cs-2 product at the world's leading container event, the 32nd Annual Intermodal Conference in Amsterdam RAI, the Netherlands, which begins today and runs until Thursday December 6.
Led by President & CEO Marino Kulas, the Company will showcase its EKO-FLOR® cs-2 product to buyers from International shipping lines and container manufacturers such as Maersk, Hamburg Sud, Zim, CMA CGM, Hapag Lloyd, OOCL, Hanjin, GeSeaco, Cosco, CSAV, CIMC, and Capital Lease.
The company expects that it will secure additional EKO-FLOR® trial orders through its interaction with industry professionals seeking a viable alternative to the wood floors currently used in containe
I hope I don't come off sounding like a know-it -all or some kinda pompass a$$. I just like to write out what I'm thinking. Helps me put things in perspective and I like to get other's ideas.
My Father used to say nothing dumber than a man who knows everything
I had some more thoughts I'd like to share, hope you don't mind.
I was thinking investing is in many ways similar to hiring an employee. You have certain expectations that you outline during the interview process and you allow the candidate the opportunity to relate how his skills will allow him or her to meet your expectations. Absolutely all of the responsibility at this stage of the process falls on the interviewer. You take nothing at face value, you ask for background and references, you check the credibility of those references. The same responsibility falls on the investor when making the choice to invest. You should not hire that person if you feel that you must second guess every decision they are going to make while in your service. You must be willing to let them do the job that you need done. However this does not mean that you are blind to anything or you turn your back for a minute.
Most employees are subject to a revue process during the year and all will be required to back up both their own actions and the actions of those under them. Equate this to quarterly and annual filings. Once you may be able to say that someone you have placed in a position has not meet with expectations, and you are allowing them time to come up to speed, however by doing that you have now taken responsibility for their actions during the subsequent revue. The dilligence required by you to make sure the person you have hired is fulfilling their job has definitely increased. You will not get away with the same response at your next accounting. You are the boss, you never have the luxury of blaming your employees. No enterprise headed by someone unwilling to put forth the required work and dilligence will be fruitful.
Good Morning folks
I think all of us here are down on this one. I know I am. That being said I ask myself would I still be interested in this company now. I guess I would. The things that lead me to buy shares are still viable and were basically outlined in the recent press release.
Debt reduction
Selectivity in sales resulting in higher margins
A market sector that will only continue to grow in the future
I don't want to come off like a commercial, I don't want to become paralysed by market reactions either. The only thing that has changed in a negative way with this company is the PPS, and I know to some of us that is the only thing that matters. Growth is always painful, as owners of this company we are sharing in that pain. You can however take advantage of the movements created in the stock price to increases your position in the company which I have done. I have doubled my position since first buying by flipping. I'm still down but I'm looking to the future. I have learned a lot here and applied it in other places. I'm still learning and wish nothing but the best for the rest of you. Remember, reaction not recrimination. When looking to place blame a mirror is always the first place to look
However I may just be a Dumba$$
Correction 20%
Currently up 12% on triple the average volume.
This will hit some radars today won't it
Some TA
http://stockcharts.com/h-sc/ui?s=CFRI&p=D&b=5&g=0&id=p23067007272
Notice volume by price, predominately buying at these price levels
Moving Average Price Compare
CFRI is trading above its 13 day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock.
Bollinger Bands
CFRI's recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower Bollinger Bands. These bands measure volatility using standard deviation and a large width is due to high volatility. Additionally, CFRI is trading near its upper Bollinger Band. This suggests that the stock price is high relative to its recent price action.
MACD
The MACD for CFRI currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9day moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.
RSI
The RSI is currently at 57.3% which indicates that the stock is neither overbought nor oversold. Note the trend of the RSI has turned upward indicating improvement
Todays close was up over 8% on triple the average volume
It's very hard for some people to admit it's not going their way and let something go at a loss, myself included. I've done it a few times and I have been right and wrong for doing so. I admit I can't figure this one out, They seem to have so much potential, a real business with revenue, debt reduction, recurring customer base, US and Canadian government sales. etc etc.
However I may just be a dumba$$
Bushido, literally translated "Way of the Warrior" requires one to be responsible for one's actions, up to and including ritual suicide.
The Bushido Code should apply to investment analyists also.
I think your choice of words is applicable in this case. This company seems to have many positive attributes however the stock price continues to erode. We are at the mercy of the sharks. Maybe we can feed off the scraps
QualityStocks Announces Independent Analyst Report for On The Go Technologies Group
http://www.qualitystocks.net/pdfs/CompanyReport_OGOH.pdf
Hurray, Scottrade finally gave me my shares.
Scottrade is still not showing my ownership in OGOH. They say they have not received the shares from the transfer agent. Is anyone else having this problem ?
Titan, no problem, I understand fully.
Large Canadian Government Agency Places $450,000 Imagery Hardware Order With OTG
Tuesday November 20, 8:00 am ET
CONCORD, Ontario, Nov. 20 /PRNewswire-FirstCall/ -- On The Go Technologies Group (OTC Bulletin Board: OGOH; 'OTG' 'the Company'), a leading multi- industry computer hardware, software and systems integrator, announced today that the Company has received a $450,000+ imagery hardware order from a core Federal Canadian government agency. The order, due to ship over the next few weeks and to be implemented as a Canada-wide deployment of 24 Rimage CD/DVD publishing systems, will be used for training and image distribution.
I'm about 80% sure this is the special effects firm not named in todays pr.
http://www.imdb.com/company/co0108509/
If you look at the list of credits you will see all of the ones listed in the pr today
The company was formed in 2003
http://www.mania.com/53736.html
Took quite a bit of looking actually
If you're a shareholder you do own at least a portion of this fine company. I believe they should value your opinion.
According to Scottrade the transfer agent has not informed them of the date of transfer yet. I currently on the sidelines unable to react. This is not my favorite situation to be in.