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Great article about why relm is on the reg sho so much. MM's are passing the Reg Sho around month to month, not good for the stock that's why we haven't seen the buy in yet. Take what can we do to cleaned this up?
http://www.buyins.net/articles/christian.pdf
3 Days Sept 21,22,23
http://www.otcmarkets.com/stock/RELM/short-sales
Six Days Reg Sho
http://www.otcmarkets.com/stock/RELM/short-sales
RELM #4 on BuyIns List
http://www.buyins.net/tools/short_list.php?ssd=20110805
RELM Reg Sho 5 Days on low volume
http://www.otcmarkets.com/stock/RELM/short-sales
Bid Building
Ask
64,900 .005
5,000 .0069
5,000 .008
12,600 .01
Bid
5,000 .004
100,000 .0115
100,000 .001
Auto has 50,000 at .004
Before Auto droped he was sitting on 64,900 at .005
NITE 5,000 .0069
HDSN 5,000 .008
UBSS 12,600 .01
CSTI 5,00 .255
Bid Raised
Bid
ETMM 50,000 .001
AUTO 250,000 .0003
NITE 53,000 .0003
CSTI 5,000 .0002
HDSN 5,000 .0001
Ask
NITE 5,000 .0045
AUTO 80,000 .005
HDSN 5,000 .008
UBSS 126,000 .01
CSTI 5,000 .225
Check this out I traced it back to Trenwick Group
http://www.buddlarner.com/news_events/67-judge-gertners-decision-trenwick-america-reinsurance-corp-v-irc-inc-et
This stock is thin it doesn't take much to move it.
Bid
ETMM 67000 .0008
NITE 5000 .0003
Auto 25000 .0003
Csti 5000 .0002
HDSN 5000 .0001
Ask
NITE 5000 .0045
AUTO 80000 .005
HDSN 5000 .008
UBSS 12600 .01
CSTI 5000 .255
ETMM 1 100.05
Buys
100,000
Sells
5,522
50,000 at .006
5000 at .0065
5000 at .008
1,206,024,673 have traded in 2011 with 26 days on the Reg Sho. To dilute the numbers you are talking about then RELM would have traded 10 times that amount.
What's the story here. Is there any turn around
I trust MrSmith's post he is a valued member of the RELM family of share holders.
116800 shares left at .0069-.007
RELM had the same status the last four runs. Stop signs and reporting status means nothing this is PinkyLand.
Network Hardware contract is right I wrote it wrong. But the network services contract has not been issued yet, and since the network fields are related. JMO
7000 at .0069 on the ask
Bid support at .003
Today's volume is the most in July
L2 looking thin
95000 at .007
We're just guessing at this point Varnith, but I think it is Frontier Technologies since they have been awarded the Network Services contract.
http://ftiusa.com/
My first thought was Valex but I don't see Valex listed as a vender on the Delaware Gov site.
February, 2011
State of Delaware retains ValexConsulting to implement SharePoint 2010 including installation, customization and configuration (Security and Single Sign-On)
http://www.valexconsulting.com/spotlight/news/
20110726|RELM|1775000|0|1805000|O
Good News!!!!! Versalign is forecasting a 15% to 20%
increase in revenue for the period ending June 30, 2011 versus Q2-2010. Management is
optimistic that this trend will continue for the balance of 2011.
Good News!!!!! Versalign is forecasting a 15% to 20%
increase in revenue for the period ending June 30, 2011 versus Q2-2010. Management is
optimistic that this trend will continue for the balance of 2011.
650,010,410 as of 12-31-10
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=55520
Pennies is still the long term picture I was just using that as an example that money can be made in this stock at these PPS. IMO pennies won't happen tomorrow, next week, or next month it's a waiting game. In the mean time the longs have to work with the flips to accumulate shares. You get your money back out of the stock and ride free shares up. RELM has given everyone this opportunity many times over the last year. If they didn't don't blame the stock.
Your agenda is to protect all new investors, this board has the best DD on ihub. There is no board that comes close, there are alot of good longs here that know alot of good information about the company, alot more than is being posted on this board. You have no intention of listening to any DD. The fins were posted on the state of Tennessee website in April 2011 for all to see, all they had to do was pay the $20.00 to get them, at that time you kept saying no fins out. You didn't know because you didn't DD it. You can do the same thing with PCSO their fins were released on the Florida State website April 27th 2011 for anyone who wants to buy them. Your DD is past management, The Johnsons, and MERL all of which you have no links I remember I had to DD it for you because you were posting untrue comments which is also unfair to new investors. About that time you were posting that stuff with no facts RELM went from .0002 to .0009 so you protected any new investors from a 150 to 200% profit just the same as you protected the ones that could have made 50% today. JMHO
PS Buy some .0003's and sell them for .0005 and make some money
Here's where you got after a poster for making the right call, it you had done any DD you would have know it was a good possiblity, but I think your agenda here is suspect at best.
Because July is the month. You will have to figure out the rest on your own. (hint: has to do with the month that FINS have been released for the past two years)
By the way. .. . . .
Where is it that I mentioned March, April or May to be the month that RELM moves? I think you are confused.
Billy Cash.
A great majority of posters on this board have been promoting that financials were going to be released over and over for months. Maybe you didn't!! I guess a little DD on your post could tell. Past post on I Hub don't lie. So just asking you have you promoted financials gona be released in past few months? Or are you stating you have not mentioned financials being released in as you say March, April, or May? Just going by your post above.
Newtrader
Pinksheets may have a stop sign but the state of Tennessee has their status as Active which is a good sign. Notice they were reinstated 6/23/2010 which is also a good sign.
http://tnbear.tn.gov/Ecommerce/FilingDetail.aspx?CN=053130016245031005174004072020039114142111179024
SBKCQ has warning this company is in bankruptcy on their pinksheet page but they are up 9,900 % today. Are you saying the samething can't happen here?
So what is a good sign in PinkyLand?
Versaligns contract with the state of Delaware looks to be on a month to month basis.
Extended 5-31-11
Extended 6-30-11
Extended 7-31-11
http://contracts.delaware.gov/contracts_detail.asp?i=53
No change in share count. And company status is active.
http://tnbear.tn.gov/Ecommerce/FilingDetail.aspx?CN=053130016245031005174004072020039114142111179024