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Same here, will be buying more tomorrow if the PR doesn't drop AH or premarket!
Specially to someone who sold most of his shares right before PR is about to drop lol. I added big time today, I know whats coming, I want to make as much as possible, not lose out by selling right before the major news hits lol.
Might want to pay closer attention, we already blew way past it today and hit .055.. So much for us "not breaking .05" LOL.
I don't think you actually realize nore grasp that alot of people have 20 and 30 million shares here due to the cheap prices. People selling off 90 million is nothing....
Clueless, all I can say. Becuase people are selling doesn't mean anyone is diluting lol, this stock is dirt cheap, and has been for months, lots of people have 20 and 30 + million shares. They are simply selling some today, simple as that.
I find it funny that everytime there is selling here the dilution birds come out and start crying "ZOMG DILUTION DILUTION", Marks not selling anything, we confrimed it many MANY times, and the only other major seller is gone too. This is just normal selling here today folks.
It will be posted on this message board automaticly by I-Hub as soon as it hits the wires.
What do you mean by "how it will be handled"...
Naw they knew what this was going to do, they were just late to the party! This is a classic major reverse merger play, and the CEO's own words say it all "the shareholders will be VERY pleased"
Investors finally discovered this Reverse Merger play! They know whats about to drop any day now! The load up begins!
Someone slap .055 and get this moving to .10!
Finally, broke through the wall at .05!!!
What stock are you looking at? We are up 200% since last friday, last time I check that is way UP buddy...
Technically we have "known" it's coming since tuesday, well since monday evening even...
Once you see the 8-k posted, it's offically a 100% done deal and completely legal. The R/M is already done, they just have to announce the merger and change the name at this point...
Shortly as in soon, could be 11:30, could be 12:30, could be tomorrow.....
The whole term "shortly" is ment to not be "exact"...
Yea it does seem like you are confused... This shell didn't own ANYTHING.... Now stay with me here, they did not own any islands, no property, nothing. The people who owned the shell originally might have, but none of it was ever in the companies name.
The 8-k your talking about has already been filed. It's not a "reverse takeover" it's a reverse merger, please try to get the terms correct. It's a done deal, there wont be any more 8-ks coming out about the reverse merger, as they already filed it and the deal has been complete since the 18th.
What you can expect now is a PR formally announce it, the details going forward, and their future plans. You can also expect other filings such as a company name change, to change the name of the shell, and a ticker symbol change as well..
This indeed does seem to be the case, most of the 15 million shares have been bought up and held for quite some time by people who bought in a few years ago when this was a real company. Whats left is being bought up very quickly due to the reverse merger. There wont be alot of shares to go around when demend goes through the roof when the PR hits. Float lock could happen here which would cause the pps to shoot way up, very quickly.
All I can go by is what the CEO told me, which was it would be out no later than friday. Now last I spoke with him was on tuesday, so I am not sure if anything changed since then or not, but I expect everything is still on track for tomorrow or friday. Also, expect more filings to come out as well.
The biggest thing was the reverse merger it self, which was completed on the 18th and published by the SEC on the 28th. It's already a done deal, just waiting for them to formally announce it and all the fine details and forward looking statements on their plans for the future.
Should be quite exciting!
All I saw was that they are restricted, which is normal, I do not know the terms though. Rest easy though, the company who is mergining into this is a very legit and very profitable company that was been around for 40+ years. These guys didn't buy a shell to sell shares, they bought a shell to do a reverse merger. And keep in mind, they bought common, restricted shares. To maintain a controlling stake in the company they have to hold more than 51%, they only have 64%. This is the real deal my friend, very big, profitable company merging into a shell with a 15 million float.
The answer to your question is only a few posts down, I suggest taking the time to read some of the DD and information here on this board, it is very useful.
I called and talked to the CEO on tuesday...
Try again buddy. Those 220 million shares are 'restricted" all one has to do is read the sec filings to figure that out. They can't be sold, nore would they, as they bought these shares to give them full ownership of the company.
Also completely incorrect, these shares were not issued to anyone, they were exisiting shares and already part of the O/S.
I suggest you do some research before making such incorrect statements next time...
Anyone who wasn't expecting a little bit of selling after going up 140% in one day simply isn't being realistic and is mostlikely not an experianced trader. You will always have profit taking after a day like that, the key is here it was tiny and even despite the small down day today, there was very little actual selling going on here.
We are stable with many eyes on this stock who are simply waiting for the news...
Very good day, and very strong close! I think tomorrow will be very interesting, and do believe that we might hear something from the company as well.
Manytimes lower, and this will be key to how high this will run when the news breaks. I already talked to the CEO, it's coming and will blow this wide open!
Great day, up 140% yesterday, only down 17% today! More filings and a PR will be coming tomorrow or friday to confrim everything! Going to be a fun ride whent hey drop!
I agree fully...
I believe mark sent that to him via email....
Someone posted just a picture of the green tractor, thats the only one I had seen, just now saw the letter to shareholders post...
Oh god another shareholder news letter.... I didn't see that post...great...
What is this about, is this about the prending news he is going to release, or what? I don't get it, hes just putting out rough infomation...
What is this about, is this about the prending news he is going to release, or what? I don't get it, hes just putting out rough infomation...
Yup no doubt, adding to my positon today, going to pay off big time!
Looks like I am going to be able to buy some really cheap shares EOD, I am going to be all ready for tomorrow!
Yup MMs using the low volume to grab shares from weak hands as they are completely out, most of the float is locked up! Classic! No way I would sell right now, even if this went to .01, with the news that I know is coming this week.
You are correct, but the deal has been done and is complete. It was offical the 18th. So all is legal now. They will offically be announcing it this week!
Extremely low floater 15 million with a company worth 10+ million with the offical reverse merger annoucement coming this week, no brainer here, easy money!
I got in really low, so I am not worried about the flippers, I will be holding for tomorrow, I know whats coming!
Yup, PR should be out tomorrow, going to be fun! I am going to add more in the next 30 min to an hour if the pps doesn't go up to high.
Nice try buddy, this is doing the EXACT same thing as FOGC and other reverse merger plays. We are locked and loaded, and very long and strong, tomorrow is going to be a very fun day!
This is setting up in a nice, stable accumulation range right now, this is very very good. I will be adding to my position today for sure, shes nice and stable going into the news.
That is such a sexy shade of green!