nice dream jellogan, hope we see it before the weekend. I would certainly be embarrassed if I was caught with shorts around the ankles with this if the deal gets completed. That would be a total nightmare, lol. I'm sure that those poor individuals will come out in force to try to sway opinion for the few scraps of stocks left trading.

Thank you Stockmamma and cmajr123.

Your insights and information are very welcome. I was starting to think that this board was not worth following with the constant laughable emotional manipulation attempts.

A stock that is 1800% above its 52 week low it can hardly be considered bottom feeding territory. There is reasonable doubt either way for the buyout. However an identifiable CEO is far easier to trace down and check up on than a nameless bulletin board poster. Noone here can clame any better credability than the CEO of the company. All we can do is provide information for others to digest and validate or debunk.

I emailed then today and yesterday. Waiting for a reply. On Yahoo a shareholder stated that they had phoned and stated the following :- "i asked for the PR dept and she stated they were Extremly busy with calls and other legal stuff involving the Sale of the Co. I then asked her if the sale of the Co. was still going forward and she stated as far as all the Employees were told, YES IT IS STILL GOING FORWARD.... Call and see for yourself...1-559-585-3400 "

Good luck Nate

Though I hold this stock and do not believe this is a scam I have to agree with this assessment if there is no news.

What the heck!!!! I turn my back for a bit and this stock starts to recover with a Great PR.

YEA MRNJ!!!!!!

My analysis exactly.
I would also suggest

If delaying announcement made on Friday/weekend then follows a bloodbath as the bashers have done a great job of scaring people. Followed by a successfull merger announcement and large payout for those who buy in at the lows, which are likely to be the major current bashers.

Objective: Long possibly a nice flip later in the week.

We wait for the next PR. If they name a credible purchasor would that be acceptable evidence of a genuine offer? Since the CEO faces littigation if there is no evidence of an offer then there is likely some substance to it. if someone is persuaded to act based on a nameless poster on a bulletin board, does that poster face the same consiquence ?

There has been conciderable speculation from people not related to the company for a week based on ONE CC and ONE PR. Nothing more. It is laughable to state that there has been much hype from the company based on those facts.

lol

We are also only assuming that this is a cash offer. It may be in stock of the other company equivalent to .01 of thrr per share converted. Though cash would be nice.

April 10th date is a total red herring. as has already been discussed to death, that was stated to be the earliest hoped for date NOT a guaranteed date. Well done all, a full week of speculation from one CC and a PR. some good information found suggesting that this company has technology worth buying out. It likely got it in a failed buyout of another company a couple of years back. That company reverted to the original owners however technology was used by thresher to create its current process. The announced sale was for ALL shares nothing has changed there. Thresher as such will likely just become a division of the unnamed buyer. They do not need to be named at this point.

If there is no offer to buy the company the CEO et al. will be in in litigation for lying to shareholders. I suspect they know this and wouldn't want that. If people on the boards are misleading others then there is no comeback on them. So I choose to think there is substance to the buyout. It still may not go through though. GLTA

According to the SEC.GOV site
"The values of total fails-to-deliver shares represent the aggregate net balance of shares that failed to be delivered as of a particular settlement date. " i.e. that is total not daily activity. This is a large number, however the 10 day average trade was at 1.4 billion shares. So I guess 3,205,933 FTD's as of the middle of march, the latest figure available isnt that bad. However, the only one larger is "AMERICAN GREEN GROUP INC NEW C" at 124,459,600. There are 16 others above 1Million.

Thanks MOB,
this is interesting reading.

OK, so not the best close of day I could have hoped for. It got a little interesting there jumping from .0019 to .002 and back. Fun though lol

This has traded like a U the past three sessions. no problem with that, gives a definitive entry and exit points within this narrow band. If all you want is a few hundred dollard.

Now this is the news we have all been waiting for. Financials at last :) next couple of weeks should be good. The new IR person is doing her job.

Agreed, this will be either very interesting for the short sellers reaction or the longs reaction 9th - 12th weekend. So much hype has been made about that date a large move will happen then. Even though that is not a guaranteed date on the PR. If there is no positive PR prior to that the shorts will likely win. However I still like the risk/reward ratio here. Loaded with my Mill's and waiting.

Again can you show any SEC request to increase the number of shares the company can issue? The offer was for all shares issued or otherwise. it would make perfect sence to put all shares onto the market for the purchasing company, or the managers, to get them cheap whilst there are those who will keep the price down for that purpose. Hope you enjoy adding to your share holding for the next week.

It is an enormous expence to create a great idea. Often small businesses will do this with the intent of being bought out so the original owners can then retire or go onto other things. If this falls through then I'm down a bit, if not up a lot. Good risk/reward ratio IMO.

Then you are guessing. Thanks for the clarification. business software sells for thousands of dollars yet is on the same size physical disk as a kids freeby in a periodical. The price is based on the idea and patent not the physical. If you are concentrating on a rented warehouse you have missed the point hopefully just through ignorance rather than malice. GLTA

Interesting, can you show a link to the SEC filing that would require?

The dilutions was announced and is for the purpose of raising capital for content purchase. This is good for the long term. Short term there needs to be proven income to allow the company to continue operations waiting for the new contents potential to pan out. Without some kind of financial's this is impossible to tell. I truly want this to succeed and would like to see something showing that the value will be reflected in the stock price someday.

lol, been hearing that since I first bought into this when it was .1 anyway GLTA

That would normally be true. However it seems in Pink land the price of the share has little to do with the value of the company and all to do with AS, OS and demand. They are taking a rather large oversupply and reducing to comparitive scarcity. That is great. Hold onto your shares and see them grow. GLTA

This is possibly out of date information. I was able to look up relationships for people I know and found the data to be inaccurate. So this is not reliable.

Agreed, reading these boards and watching how this will go is far more interesting than other forms of entertainment, and I personally believe very profitable as well.

In the Blue corner we have the Pumpers.... In the Red corner we have the Bashers.... This is a great show.

I did my own DD made my choice and will live with the result. Thanks

I had noticed that too. The announcement stated that they hoped to get things completed as early as the 10th, not before. The scenario I can see is a good price run till the 9th. on the 10th the DD phase is over people see that it doesnt complete and the stock then tanks. i.e. sell on the 9th high and rebuy on the 10th low ready for the 1 penny by month end. IMO

Hope not I'm freeing up cash to buy some more in the 2's lol

With all the Bashers and Pumpers gone, people can make their own decision. As usual a couple of glimpses of information in all the BS put on the board. Im in on this one, may try to flip a couple of times. GLTA

I would hardly call .0001 decline a "death spiral". lol Not totally disagreeing with the direction but think the statement is laughable. IMO

OK, So announcement said that they have a buyer for this company at .01, so... why hasnt the price jumped to that already ?

I was in this one quite heavily, to what I can afford, at one point @0.39 waited too late to get out at 0.2 Glad I diddnt wait any longer. This seems to be another case of the stock price having nothing to do with the companys apparent value and news. I'll wait to see how low it gets before jumping back in.

Agreed, this place was too quiet. Glad to see so many with such a great sense of humor.Sorry guys I wish I could get into the multi million shares. If this and my other hand full pull though you never know. Trying to learn to read the charts and I like what I see of this company. good luck to this fun crowd.

Glad to see this close. Perhapse one day we will see this stock reflect the business. Looking forward to the PR stating that they got the library they where after.

Looks like the hireing of Victoria Duff has had some good even bfore she starts doing anything. Nice..

The nice think about the silence on the board is the lack of someone trying to "save unwitting investors" a.k.a. bashers pervading other boards.

It is refreshing to read an intelligent post. Thank you for your analysis I look forward to and would encourage further sound thinking, and couldnt agree more. I am seriously down on this investment at this point however I see a very solid company. GLTA

Thank you BillTaker for this information. It is nice to see something other and the current obsession with the sitg product.

I can only hope you are correct. However hope is an emotional responce that has no place in stock trading. GLTA