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? can they deliver 10-K WEDNESDAY AM prior to opening??
THey were buying even over asking and bidding price
They are NOT buying for SPNG
That makes perfect sense. That is why they changed their minds from 250 -1 to 100-1 Instead of 250 million shares. O/S they are down to 100 million shares!!
@50 -1 would only leave them 250,000 shares a little rediculous but 1million makes real SENCE!!!
GOOD POST TY
6/30/2009 2,976,228,372 229,169,584 0.1373 $31,464,983
7/31/2009 1,719,142,528 132,373,975 0.1334 $30,571,222
8/31/2009 840,376,128 64,708,962 0.1633 $10,566,973
How do you not know they have not sold their shares at 0.22??
So this is lobsided!!! why z4
I do not care about A/S I care about after the split!!
How many shares are outside in B stock and Prefered shares
And OUtstanding!!
In that case as your example the A/S is 900,000,000 shares as said in the SEC filing after the split.
It also stands to reason after the split that there is
40,000,000 shares prefered and 25,000,000 shares of B stock after the SEC filing These do not get split as this is STATED in the amendment also.
So after the split it still stands at ? O/S number ? 5,000,000 But the prefered still stands at 40 million and B stock shares still stand at 25 million as stated in the amendment.
Therefore each prefered shared can be sold at common stock value of $20.00 or 800 million and B stock also if they wish at 500 million.
Read the SEC filing words carefully!!!
They talk of Share value split before the amendment not after the amendment. I am a lawyer and this could mean EXACTLY what they have printed. Delibrately!!
But that is not FROM the SEC filing That is there answer!
CHECK the wording Everyone disects the SEC's wording Reread the WORDING!
That still does not answer the SEC FILING Question?
Spongie I am not trying to bash I have over 600,000 shares I am long but just pointing out ? an overlooked impression of the SEC filing!
Was that a mistake as WELL??
All I am saying is It is in the amendment that they are getting these shares. This was not said before the amendment.
And that means they have an option to sell all those shares at the price after split. At common stock value!
If they issued the shares before the amendment it would be split as well. That I understand. Why have this IN THE AMENDMENT??
Further, each share of Class B Stock is convertible at the option of the holder, into one fully paid and nonassessable share of Common Stock.
no they do not reread The Amendment also reduces the aggregate number of authorized shares of the Company’s capital stock to 965,000,000 shares, consisting of 900,000,000 shares of Common Stock, 25,000,000 shares of Class B Stock, and 40,000,000 shares of Preferred Stock (the “Authorized Share Reduction”).
Note this is after split where are they reduced
If so then aggrergate goes to ( million??
So you are saying they CANNOT sell their shares for the asking price??
so if they sell their shares after the split sept.22,2009
they get $20.00 a share after reread the form!!
The post-split authorized capital will be 900 million shares of common stock, 25 million shares of Class B Stock and 40 million shares of preferred stock.
No that is not said re read the Form 8!!!
Spongie please answer this??If Prefered stock at 40 million shares after split Does that mean if sold at $20.00 at current price They would get $800,000,000.00
And for The B stock after split of 25 million shares at $20.00 that would give them $500,000,000.00 ? correct
If so WHY WOULD ANYONE KEEP THERE SHARES??
Not bashing just concerned with my investment!!!
To z4lover and anyone else please answer this post
If Prefered stock at 40 million shares after split Does that mean if sold at $20.00 at current price They would get $800,000,000.00
And for The B stock after split of 25 million shares at $20.00 that would give them $500,000,000.00 ? correct
If so WHY WOULD ANYONE KEEP THERE SHARES??
Not bashing just concerned with my investment!!!
To No BS plz and anyone else??
If Prefered stock at 40 million shares after split Does that mean if sold at $20.00 at current price They would get $800,000,000.00
And for The B stock after split of 25 million shares at $20.00 that would give them $500,000,000.00 ? correct
If so WHY WOULD ANYONE KEEP THERE SHARES??
Not bashing just concerned with my investment!!!
spongie, what amazes me is gfgu goes up 14% after they announce a 250k investment from SPNG. and we go DOWN 5% in one day after we announce a 70 million quarter?
Why such a big difference other than NSS??
What amazes me is GFGU has market cop of 134 million and we have approx 150 million there shares are $1.34 and ours 0.20 and me make sales of 70 million/ quarter.
They have negative grwth and jump 14% in one day !!
Am I missing something with SPNG and MM's???
Are people selling on way up or way down?
Makes more sense way up.
If way up makes more sense to sell at market price.
Also way to risky on way down.
The buy back initially was 100 million dated to sept. 5,2009 it did not say when the other 50 million was due to end so on tuesday AYME could still be buying buy backs!
If they were covering they would have not been resitant at each days price. They would have let it go down and buy on way down!!
The buy back they annouced back in Sept 2008 was do tomorrow for 100 million shares. That does not mean anything after that Ie 150 million now witch could be to next year!!
I pinched this company to my brother. Not interested till on NASDAQ. To many unwritten rules and to much manipulation with everyone!!! Not that is is not a good company!! He sees more maniplution in the short term!! He'll be in like a hawk in
1) uplisting
2) dividend
Only then likes bigger stock plays by better rules!!
It will be us and AYME buying shares today.
If we want the MOASS we ALL have to work together!!
GO SPNG!!!
The reason is they want to privatize the company themselves they do not need us any more. They work with NSS every one gets some money and then the company goes private. No more B.S.!!
What does any one else think??
Apple never filed late like SPNG!!
If they do not file an extention does that mean new symbol in AM after listing. As black marked?
An extension filed OR NEW SYMBOL in AM!
If management is so great why play around with us then??
It makes us all nervous as to what is going on.
Just print the 10 k!!!
Take away the first 45 minutes ?candlestick?
I hope Doug says $25.00 like he said