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Couple more ticks and you will see the 2's.
Yes, there are at least 9 promoters this morning. Guess oclg needs money.
That is because he did not anticipate the CVS LOSS of business.
A RS has been approved; anywhere from 1 for 5 to 1 for 200. BOD will deceide when.
Another one of the doc's fluffy pr's. Wonder who her partnership is with now, the local pharma.
These guys are in deep weeds. Very little revenue and in need of cash. This e-book advertising is not working; much better advertising elsewhere. They recently went into debt with Tangieres (toxic financier) but terms were not disclosed. Now they want to monetize their patent; whatever that means.
GL
Geeze, pharmacists are a dime a dozen. Compounding is not rocket science.
Well I see you got your 5's. Many hold 5's. GL
Trips are next.
The buyers are worn out; there is a never ending supple of 5's and 6's for sale. Been like that for a couple of months.
The filing says nothing about the prior owners ability to sell. Yes, there is a dispute but no known legal proceedings saying they cannot sell. BELIEVE ME, these shares will never be returned.
The dispute is over $961,000; not the shares.
You should read the 10Q. SHARES WERE ISSUED!
Liabilities of discontinued operations totaling $961,831 represent the liabilities of our interest in our subsidiary Pet Airways, Inc. On March 26, 2014, we issued 60,000,000 common shares to a company controlled by two former officers of our Company in exchange for the former officers’ agreement to purchase our interest in Pet Airways and to forgive their unpaid wages. The former officers’ agreement to purchase our interest in Pet Airways was meant to relieve us of these debts. As of September 30, 2014, the former officers had not fulfilled their obligation to purchase our interest in Pet Airways, and other matters between the parties are in dispute.
We have endeavored to resolve our disputes with the former officers, including their fulfillment of their obligation to purchase the interest in Pet Airways, but to date have been unsuccessful. Subsequent to September 30, 2014 we agreed to participate in non-binding mediation for the matters in dispute. If we are unable to come to a satisfactory resolution through this process, we will likely pursue litigation.
Because of the foregoing factors, we have continued to recognize these liabilities in the accompanying consolidated balance sheets. Liabilities of discontinued operations totaling $961,831 represent the liabilities of our interest in our subsidiary Pet Airways, Inc. On March 26, 2014, we issued 60,000,000 common shares to a company controlled by two former officers of our Company in exchange for the former officers’ agreement to purchase our interest in Pet Airways and to forgive their unpaid wages. The former officers’ agreement to purchase our interest in Pet Airways was meant to relieve us of these debts. As of September 30, 2014, the former officers had not fulfilled their obligation to purchase our interest in Pet Airways, and other matters between the parties are in dispute.
We have endeavored to resolve our disputes with the former officers, including their fulfillment of their obligation to purchase the interest in Pet Airways, but to date have been unsuccessful. Subsequent to September 30, 2014 we agreed to participate in non-binding mediation for the matters in dispute. If we are unable to come to a satisfactory resolution through this process, we will likely pursue litigation.
Because of the foregoing factors, we have continued to recognize these liabilities in the accompanying consolidated balance sheets.
I think the 60M shares were given to the prior owners and legal action may be required to get them back. Believe me the prior owners did not give this shell to pxyn for nothing.
We also know that pxyn is diluting as evidenced by form 5A filed on 01/29/15.
Remarks:
"No longer 10% owner pursuant to Praxsyn's issuance of additional stock."
Pxyn has always had severe cash flow problems. ON 01/01/14 that AS was 1.1B; On 09/30/14 AS was 1.6B.
Noone knows what it is now because pxyn is hiding it by gagging the TA.
I'm not sure anyone knows about the 60M shares given to the prior owners. This inept management is transparent about nothing.
Would not want to own this when the SEC filings come out!
The float must be approaching the 950M AS. Billions of shares have traded.
GSS is a close competitor; PPS .329
Revenue GSS 328.92.....BAA 117.28M
EBITA GSS -28.47M......BAA +38.47M
Net Income GSS -73.08M.....BAA +2.13M
Bull, 3 Billion shares traded since 01/15/15 with 75M issued; IMPOSSIBLE
BAA....$100M financing deal thru presell of gold. .20
The closing price on 1/16/15 was .0009. Over 2 Billion traded shares later .0007.
Since 01/16/15 over 2 Billion shares have traded. That is some dilution.
Well, possibly a discounted pre-load; then a pump; then a dump'
I agree, I bought back at .032 and under and sold at .042 and under. Give me 25% on this diluted pig and I am happy. Been following this since the pet stuff. (5buys/5sells; disclosure)
SO, did this weak pxyn managemet ever resolve the deal with the mom/pop previous owners. Last I heard they were headed to court?
guys, this is a pump and dump.... I have bought 3 times and sold 3 times. Wait for the groups... alot of dilution here as these guys have no money.
The accounting is not complex at all; revenue is recognized on sale to customers only; not inter-company.
Many corporations have inter-company revenues for measurement purposes only. This revenue is always eliminated.
Well that means Dragonix, (Virgin Islands) got a deal. Should be sellers soon.
Don't know how ol BS gets into these faulty financial affiliations; must the leader of the core.
Yea another 1505 share paint job; getting pretty desperate.
The A/D line on the weekly chart tells the real story.
Alot of sellers out there and they are hungry.
Next support .0246
Next stop .025.
Everyone trying to find the exit door; too late.
Slipping into darkness. The dilution is becoming massive.
Pxyn did not hold support.
Praxsyn Corporation (PXYN)
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0.0331-0.0039 (-10.54%) 2:11P EST (OTHER OTC)
Detailed Opinion as of Mon, Feb 9th, 2015 View Help
Detailed Opinion
Show Signal Strength and Direction
Composite Indicators Signal
Get Chart Get Performance TrendSpotter Sell
Short Term Indicators
Get Chart Get Performance 7 Day Average Directional Indicator Sell
Get Chart Get Performance 10 - 8 Day Moving Average Hilo Channel Sell
Get Chart Get Performance 20 Day Moving Average vs Price Sell
Get Chart Get Performance 20 - 50 Day MACD Oscillator Sell
Get Chart Get Performance 20 Day Bollinger Bands® Sell
Short Term Indicators Average: 100% Sell
20-Day Average Volume - 916,609
Medium Term Indicators
Get Chart Get Performance 40 Day Commodity Channel Index Sell
Get Chart Get Performance 50 Day Moving Average vs Price Sell
Get Chart Get Performance 20 - 100 Day MACD Oscillator Sell
Get Chart Get Performance 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 50% Sell
50-Day Average Volume - 882,268
Long Term Indicators
Get Chart Get Performance 60 Day Commodity Channel Index Sell
Get Chart Get Performance 100 Day Moving Average vs Price Sell
Get Chart Get Performance 50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 100% Sell
100-Day Average Volume - 1,292,556
Overall Average: 88% Sell
Price Support Pivot Point Resistance
0.0331 0.0337 0.0382 0.0427
Stop crying and grab those pon-pons and get to work. HEHEHE
I don't think Cheerleading is going to help this gagged thing.
Did you read the last form 5/a or do you not know what that means.
This is becoming one diluted pig.
CJTF is a giant con job..........These guys have NOTHING. The note is worthless and uncollectable.