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Generally right around noon to cover for lunch hour.
Maybe 1 buy and 1 sell? There was 530K on the bid first thing this morning.
Yup, those were sells, 500K more. Lots of new buyers coming in though. Get ready folks!
We just crossed 1M, lots of scanners just got triggered. . .
I THINK IT WAS PROBABLY THE 530K BID FROM EARLIER GOT MOVED UP AND DUMPED ON.
NOM NOM NOM NOM NOM
Lunch HOUR is going to be good!
THEN WATCH OUT POWER HOUR folks!
$ANWWQ
I don't know if I can sleep tonight waiting for 9:30AM to arrive
Orlando/Davie locations will be audited and assimilated soon. Next step will be to identify Tampa area location(s), something will be announced on that by EOY.
Once they are established in those 3 major markets and have their network in place, it will be BOOM time! Contracts and business will start to grow in exponents of exponents.
There will probably be a run when 5 Star acquisition is complete. But the real no looking back point will be when they complete the triangle in Tampa.
And yes, anything under .26 will be a bargain at that point.
GO RXMD!
It's still too early for my brain to unravel that. But I can't help but feel very optimistic!
GO ANWWQ!
It says approximate, so probably not that important as long as the real number is under or over the number to meet their filing criteria.
As far as the number of commons being low. Insiders and institutional holders probably all count separately. But every retail broker out there likely counts as 1 each as the representative holders of all their respective clients combined shares. Retail holder would probably have to request certificates through TA to be counted separately as holder of record.
Deregistration under Section 12(g) and Suspension of Reporting Obligations under Section 15(d)
Once delisted, a company may nonetheless be required to continue reporting pursuant to Section 12(g) of the Exchange Act if it has more than 500 holders of record and total assets exceeding $10 million, or pursuant to Section 15(d) of the Exchange Act if it at any time had an effective Registration Statement under the Securities Act of 1933.8 To avoid this result, a company can deregister under Section 12(g) and suspend its reporting obligations under Section 15(d) if it has less than 300 shareholders of record.9 Section 15(d) reporting obligations may be automatically suspended if the issuer had less than 300 shareholders of record10 on the first day of its fiscal year. In either case, the company will need to file a Form 15 certifying that the number of shareholders of record of the class of securities to be deregistered is less than 300 persons to deregister under Section 12(g) and, if applicable, suspend its reporting obligations under Section 15(d).
This filing should be huge for SH confidence. As the meaning is deciphered and realized combined with upcoming hearing date, there should be a large pop on buying pressure this week. The market will start to figure out there are now 2 avenues of value: the company itself and the litigation recoveries that now become a backup plan. Short-term risk just got cut in half.
Yes, very possible. This is getting interesting .
Yes, I was continuing your point while answering the question about their current reporting status.
I believe they are about to return to the ANW ticker and need to file the 15 to establish their intention to change reporting habits as allowed by their new OTC membership.
But that tells us that THIS particular ticker will survive emergence, otherwise there is no reason to file a Form 15 for this particular ticker
MAXIMUS!
MAXIMUS!
MAXIMUS!
No, I think a lot of people were just following typical OTC protocol and flipping a portion of holdings for quick profit so they can ride the free shares.
I don't think they have been because of the BK. Prior to that they had been holding up on reports while the audit team reviewed all the financials. So at this point it's been about a year since they've issued any reports.
In a nutshell, they delisted from NYSE during the BK process. The form 15 tells me they are ready to emerge from BK and intend to not follow the reporting procedures that were required as a member of NYSE.
Fair point. I don't ever expect to have any influence with my opinions.
If this crosses .07 before noon I think we get to .10 by EOD. Otherwise we close around .065 and open at .07 tomorrow
So you're saying there's a chance?!
I'm not arguing. I'm just asking questions and getting perspective. I had followed this in the first half of last year, but I'll admit I haven't paid any attention for several months up until this week.
Yes, that's my understanding of it too. I was just trying to look up the wording but you saved me the trouble. Thanks!
The trading value currently is based on the speculative litigation value. That will be a minimum of $2 to $3 per share and could easily wind up above $5 and even as high as $10.
But the key is to get your shares now before they are converted, because I don't think the LTU's will be tradeable.
OK, so the case is decided. The question still stands.
Quote:
You think Aurelius is gonna part out WIN to get their money back if they win the case?
You think Aurelius is gonna part out WIN to get their money back if they win the case? Not gonna happen. WIN is a public utility providing service to millions of rural customers with no other option. This BK is just a tactic to deal with Aurelius. However it works out in the end WIN will continue to operate. This is more of a hostile takeover than anything. WIN is not financially distressed.
Yeah, I've noticed it can be sluggish early in the day. That's why I was expecting some more movement today when it popped up early. Maybe it won't start until next Monday, but thinking something will happen this week.
Support inching up, 05's will evaporate soon. This should tap at .06 this afternoon.
Yes, it's called Debtor-in-Possession. Lender essentially buys up all the debt and becomes first in line to call dibs on the reorganized company.
ANW was trading around $5 a year ago prior to the fraud news starting to leak out. Granted, we have an additional 17 million shares added to OS since then. But with Mercuria funding the reorg plan and the possible recoveries added in this easily has the ability to get back up to that level again.
I hear ya though on the walk before you run philosophy lol
But I also wouldn't get all giddy and dump it all as soon as it hits .60
I already have a limit order for some at 2.50, do not underestimate what this is capable of.
No holding period. You can flip this immediately like any other stock.
Yep, that's why I have mine set at $4
I believe these shares will continue to have value once the deal is approved. No, they won't continue to trade but the litigation trust is what makes them worth holding. Mercuria is funding that with their own money plus whatever is recovered from their own suits filed against the fraud, could amount to hundreds of millions.
This is some bad information to scare people out of shares. That's why there was a run to gobble up shares a couple weeks after this was posted.
This would not continue to trade if the only people who can benefit from holding was set in stone on 11/16. Pre-petition shareholders refers to the shares that existed at that time. If there was a freeze to specific individual shareholders they would be referred to as shareholders of record on a certain date.
Was about the say the same thing. Testing the low again and then closing on a 2 week high is very telling. Tues or Weds will be a big day depending when vote results are released. The following Tues judge will rule. Getting very exciting up in here!
Can't believe I delayed loading up and missed that first run to .15. Ready to make up for it next week! Still been holding some since before the BK announcement but increased my position by 19X this month. Just have to get back to .15 now to get green again.
Don't need a BA, much less an MBA, to understand simple concepts like Economy of Scale.
Some people should just quit while they're behind.
RXMD
THAT'S WHAT I'M TALKING ABOUT!
WANT TO TRANSFER MORE MONEY NEXT FRIDAY AND PICK UP SOME MORE SHARES. BUT AFRAID IT MAY BE TOO LATE BY THEN. WE'LL SEE
Got excited for second. Had my alert set for .05, then saw it was only 300 shares :(
It's a sign though, things are getting ready to shift . . .
Oh, I know. This just MMs selling into their own bids trying to lower price. No one really selling at this level. Just a waiting game until someone fires the first shot.
And there goes .038
Guess there's always tomorrow.
I know there will be a surge on shares before the end of next week. Spin the wheel and see what day it lands on!
And I agree on the about to blow up part. Lots of testing of price going on last couple days. Hardly any action in the morning yesterday. First 4 or 5 trades today only amounted to 119 shares. We are at the breaking out point. Looks like trying to test .038 again. If we stay above 4 it could be rocket time.
That would be almost impossible to go through unless you can export it to a spreadsheet. When I looked through it last week I saw lots of duplicate claims due to updated refilings.
Check your facts
Oh, nevermind. You haven't provided any.