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The PM that was sent to me said that they had 4 Mil to sell, another guy spoke to Tom G and was told these new shares are convertibles, the only thing i see in the filings that both could be pointing at is Ayudah funding that loaned the company $40 G's last June for convertibles @.01, $40 Grand @.01 is 4 Mil shares, if they never sold those shares, and are selling them now, then that would explain it. Personally, I would hope that this is Ayudah with only 4 Mil instead of NIR with 37.5 Mil. The stock can handle 4 Mil alot more than it can 37.5 Mil. But the more shares that get sold into the float, the more buying pressure it's going to take to make this move. And the slower it will move also. After today I count 2.785 Mil so far sold, if 4 mil is what they have then we could expect another 1.215 Mil of this crap.
Actually the O/S before the SB2 was 105.5 Mil, and if the shares are issued to NIR then it would be 143.3 MIL, I have said it many times and will say it again, I NEVER SAID IT IS MICHELEX SELLING, NEVER SAID THAT, that was last fall not now, Right now it is someone that has CONVERTIBLE DEBENTURES, I thought it was NIR, I also said "That was MY OPINION", I just recieved a PM from someone that claims they know who is selling, he says hes 100% positive that it's not NIR, OK Thats fine but my whole point is that I have been Insulted countless times and "Bashed" up and down by these same guys saying I am wrong, there are no New Shares being sold, these averaged trades are buys not sells, they talk at me like I'm stupid or something, out of one side of their mouth they say I'm wrong and then send me PM's confirming that what I'm saying is right. I'M RIGHT ABOUT NEW SHARES BEING SOLD, THATS MY WHOLE POINT, THATS WHY WE ARE DOWN, IT'S NOT WHINING SHAREHOLDERS SELLING TO BUY CHEAP, IT'S NEW SHARES BEING SOLD PERIOD, END OF STORY.
Ya know it's really amazing at the sheer number of INSULTS that I recieved at HSM, especially from people who act like my friends for so long, and the minute you say something they don't agree with or they don't like, suddenly they become your enemy, all over MONEY! It's unreal to say the least, and then in the end to find out that what I was saying was true anyways!!! I don't need to do this, but to those who "THINK" they know my holdings and "THINK" they know what my average is and other "PERSONAL" info that is nobodys business in the first place, just like their holdings are none of my business either, here is the first year of my accumulation of MLXO, notice the YEAR. I did sell some of this between March and July of 2006, but I'm still holding a good chunk of this. This is just so theres no doubt, for the next person that decides to attack me Personally. Notice they won't do it here?
03/22/2005 15:58:00 Bought 25000 MLXO @ 0.079 -1,985.99
03/23/2005 11:07:57 Bought 25000 MLXO @ 0.068 -1,710.99
03/23/2005 15:01:08 Bought 25000 MLXO @ 0.061 -1,535.99
03/31/2005 12:42:27 Bought 25000 MLXO @ 0.043 -1,085.99
04/06/2005 11:40:09 Bought 25000 MLXO @ 0.032 -810.99
04/07/2005 13:44:23 Bought 25000 MLXO @ 0.023 -585.99
04/11/2005 10:38:29 Bought 40000 MLXO @ 0.0289 -1,166.99
04/13/2005 14:58:35 Bought 15000 MLXO @ 0.031 -475.99
04/22/2005 13:56:40 Bought 15000 MLXOE @ 0.025 -385.99
09/27/2005 14:59:08 Bought 80000 MLXO @ 0.007 -570.99
10/07/2005 09:32:38 Bought 100000 MLXO @ 0.0082 -830.99
12/02/2005 13:15:38 Bought 100000 MLXO @ 0.02 -2,010.99
12/09/2005 14:25:40 Bought 59000 MLXO @ 0.012 -718.99
01/04/2006 10:59:17 Bought 50000 MLXO @ 0.008 -410.99
01/19/2006 13:19:04 Bought 113000 MLXO @ 0.01 -1,130.00
01/30/2006 15:55:09 Bought 40000 MLXO @ 0.015 -610.99
02/09/2006 11:27:45 Bought 20000 MLXO @ 0.01 -210.99
02/16/2006 14:59:19 Bought 15000 MLXO @ 0.01 -160.99
02/21/2006 12:20:04 Bought 85000 MLXO @ 0.009 -775.99
Total.......................................882000......................$17,176.82
I also bought about $3 Grand worth in June 2006 @ .035 and $3 Grand worth in oct. 2006 @ .03
I'm not about to divulge what I have sold, I have divulged enough.
Nobody at HSM wants to discuss the current status of the stock right now. Seems like all that is allowed there is "CHEERLEADING", You say anything that isn't positive and your accused of being a basher, that forum is a circus to say the least. Anyways, I believe there are New Shares being sold, I thought it might be NIR Group, but a guy on HSM seems to know who it is doing the selling, he won't say who, but at least he agrees with me that someone has New Shares for sale, UNFORTUNATELY! He says he thinks they only have 300K left but I have went thru the time and sales for the past 10 days and I only see 3 days of 300K, 1 day of 585k, and 1 day of 1 Mil, which totals 2,485,000. Now if this is true and this seller has 4 mil then I believe we could expect another 1.5 mil of this crap. This post is meant to be informational, just like my posts on HSM, they are not meant as niether a "Pump" nor a "Bash" but just trying to get to the bottom of what is going on. Hopefully they will get financing for AG Pro and we can recover from this. The only other possibility that I see from the filings is that this might be Ayudah Funding who had Convertibles of $40 Grand @ .01, if they never sold off their shares, then this could be them instead of NIR, Personally, I would hope it is Ayudah and not NIR, and hope that NIR indeed has not been able to get the 37.5 Mil that is in the SB2. We could definitely do without that 37.5 Mil.
Heres the PM I recieved, from one of the same guys saying I'm "Bashing" and I'm wrong about any Dilution, and then he sends me a PM like this!!! LOL, Too funny.;) I love confirmation of being right, but when it comes from the ones accusing me of being wrong, IT'S SWEET AS PIE!!! (I'm not happy about the dilution,) (but i'm happy when I get confirmed about being right!) He might be mad that I posted his PM, but I'm a gentlemen about it, so I X'd out his name and info.
Private Message: hey
Today, 05:56 PM
XXXXXXXXXXX
HSM XXXXXX
Join Date: XXXXXXXX
Posts: XXX
Just trust me, this isnt NIR. 100% POSITIVE it is not NIR. That is straight from the men working the deal. I wont say who it is, but they had 4 mil shares to sell and they are just about done, maybe 300 k left or so. They wont be a problem again after these shares.
Its a shame this had to happen right after that pr, but MLXO had nothing to do with it. They were as pissed as we are.
Thanx for the update.
big, I can't reply to your PM I only have the free version here, so i sent you a reply to your email addy you emailed me from.
I doubt that was a buy, we saw this all last fall, at the end of the day, they would sell big blocks at the days average price. It wasn't street traders either, it was either insiders or someone who was paid in shares, attorneys, verndors, whoever. Now someone might jump me for saying this here, but I don't care, I tell it like I see it.
I haven't heard anything to that effect, it may be a Reverse merger for AG Pro, a Private Corp. in a way Ag Pro might be able to be termed as Reverse Merging with Michelex? I never really thought of it that way, I really couldn't say for sure on that, they haven't released the details yet. Lets get the deal closed first, and get back on the BB, Reduce the A/S, these are the 3 most important things IMO.
Ya know, I just checked the Bolli Band spread all the way back to the run-up in mid-March 2006, right now we have a spread of .015 and that is the tightest they have been since the March 2006 run from .015 to .09, before that run the spread was just under .01, it would really be something if the company would take advantage of the current Market conditions, the next 6-8 weeks are one of the best trading times of the year for OTC stocks, they need to put the pedal to the metal and get this Financing for AG Pro behind them and spin some wheels on the Relisting of the stock and Reduction of the A/S, if they would just get these things at least started and PR them, together with the closing of AG Pro, we could have the huge run we have been waiting for. If they drag their azz on these issues, it's gonna be tough for us. In my opinion, AG Pro alone is not going to get us into the .20 - $1.00 range that everyone is so hyped up about, I believe we need Relisting and Reduction news along with it, to get to those levels, AG Pro by itself should give us a nice run though, but the LOI PR and Darby PR Both topped out at .057, the closing of the deal should do a he11 of alot better than that, but Relisting and Reduction of the A/S are very important issues also and I think the stock needs to have those issues addressed to send this into orbit, just my 2 cents.
Interesting read below from a Private Investor to the SEC Concerning the Proposals and current rules in play concerning short sales and market manipulation, it's a couple years old, but a very good read if you've never read it.
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington D.C. 20549-0609
RE: Short Sales:
Ladies and Gentleman:
I am a private investor/trader and I am writing in response to concerns that
I have regarding short selling abuses I have witnessed in the OTCBB
marketplace.
Introduction
It appears that the SEC has deliberately, either through inaction or clever
manipulation of the SEC's rule structure as suggested over the years by
Brokerage's attorneys, created a two tier system of stock market exchanges
in the US. One system for the national market exchanges that has short
selling protections for the investor with pockets deep enough to afford the
several dollar and up prices for stock, and a second system of exchanges for
the "poor" investor, those investors who have determined they can only
afford stocks trading at less than 10 cents, and who has not been afforded
the same short selling protections deemed necessary solutions to the stock
market crash of 1929, namely the 1934 SEC act.
This has created a system whereby the "rich" investor is protected from
short selling abuses, while the "poor" investor is cheated by short selling
abuses (bear raids) that are allowed by self regulation of the Market
Makers. Most poor investors have been drilled by educators on the stock
market crash of 1929 in grade school, and truly believe that the protections
enacted in 1934 exist for them too, when in reality a double or multiple
standard has been deliberately contrived.
Is the SEC implicated in a scheme to defraud OTCBB investors of their
hard earned dollars?
The SEC has allowed the structure of securities laws to favor big money
interests and "manipulation of the little guy" over and above the interests
and concern of the vast majority of the investing American public. The
current SEC rule structure has parallels similar to the character "The
Sheriff Nottingham" where the poor are robbed to pay for the rich. America
is not supposed to be this way!
Discussion
Bid and Ask Volume and how it relates to
Technical Analysis of a Stock
It has become painfully obvious that big money Market Makers have a
stranglehold on the little guy in the OTCBB stock market. I have personally
observed many times more than a 1:2 (bid:ask) volume ratio of the trades
executing at the bid versus the ask, only to be followed by the bid and ask
ticking down in stocks that I own. A discussion of the technical mechanics
of an OTCBB investor's reality is in order here.
A comprehensive study of OTCBB time and sales reports with actual buys and
sells listed proves that certain market participants sell at the ask, and
buy at the bid. These reports were for about a year available to anyone
requesting them free of charge from
https://www.otcbb.com/secure_asp/tradeact_report_request.asp?type=tands,
however, recently a pricing structure was devised that makes these reports
much too expensive for many investors. Nevertheless, these reports, when
combined with other data that report the time and price level of the inside
bid and ask, do establish that some market participants are able to buy at
bid and sell at ask.
Why is this noteworthy?
Because a common technical method of measuring accumulation/distribution of
a stock is to measure the volume of trades at the bid (selling), and compare
it to the volume of trades at the ask (buying), and to note the ratio of the
two. Theoretically speaking a ratio of 1:1 should represent an equilibrium
level where price neither goes up or down, since it shows that buying and
selling activity are roughly equal. If there is more trading volume at the
ask than at the bid, then price should go up, and conversely if there is
more trading volume at the bid, then price should go down.
But in the OTCBB world, it's common knowledge that a ratio of about 1:2.5 or
1:3 (volume at bid to volume at ask) is required to move the price up, and
this up move is often delayed by days and sometimes weeks. On the other
hand, for prices to move down requires only fractionally less than 1:3.
Prices commonly drop when the ratio is 1:2 or less.
Why is the ratio so much greater the theoretical 1:1?
In these instances which happen everyday in most OTCBB stocks there is more
trading occurring at the ask than the bid, yet price falls! Why?
Certain market participants are allowed to routinely buy at the bid and sell
at the ask, and these participants do much more selling at the ask than
buying at the bid, in order too fool the general public that uses technical
analysis in their trading arsenal into believing more buying is taking place
than is actually occurring. Additionally the market participants doing the
majority of the selling at the ask (the Market Makers) are not the same
entities as the market participants doing the buying at the bid. It is my
contention that this is allowed by the SEC to deliberately fool the "little
guy" thereby allowing the Market Makers to conceal sells in the ticker tape
while simultaneously making them appear to be buys because they occur at the
ask. This should be considered Market Maker Manipulation, but unfortunately
under the current rules it is allowed. Has the SEC been implicated in fraud
by allowing this type of unusual buying and selling activity by certain
market specialists while at the same time other market participants, namely
the general public do not receive such favorable prices for similar trades?
Volume Manipulation and the
"Market Maker orchestrated Pump and Dump"
Volume Manipulation is another area where Market Maker's collude to create
the impression that there is more activity, accumulation or distribution,
then there actually is. For example, Market Maker A buys 100K from Market
Maker B, who then sells them to Market Maker C, then Market Maker D buys
them, making it appear as if there is 300K worth of volume, when all that
was happening was a "Churn" game that served to inflate volume for the day.
For a more in depth discussion of how this works, please see The Forbes
article titled "One Day Soon the Music's Going to Stop"
http://www.forbes.com/forbes/072996/5803072a.htm
The core aspect of this manipulation is the structure of NASDAQ's ACT system
itself, and which can be discerned by studying the buys and sells as they
are reported in the OTCBB time and sales reports, and by studying the
reporting as it occurs in the ACT system. The major distinguishing feature
here is that Market Maker to Market Maker transactions are recorded on the
sell side only (same as an investor buy), in contrast, the ACT system
records both buys and sells by Market Makers when the trade is being made
with the general public.
Lets look at a few examples, and please note that the side of the trade is
inverted depending upon the market participants "point of view." When a
Market Maker buys from the general public, it's the same as an investor
sell, it is recorded as an ACT system buy or "B". When a Market Maker sells
to the General public, which is the same as an investor buy, it is recorded
as an ACT system sell or "S". So the Market Makers report both buys and
sells to the general public. Unfortunately here is where the rules change to
the detriment of the average investor: A Market Maker to Market Maker
transaction is recorded solely on the sell side as an "S", not on the buy
"B" side. If a Market Maker buys from another Market Maker, it is not
recorded in the ACT system as a "B", it is only the selling Market Maker
that reports it. This is the core reason that it appears in the real time
price stream for OTCBB stocks that a bid:ask ratio of greater than 1:3 is
often required in order for prices to move up, since a Market Maker to
Market Maker transaction represents no change in the supply demand
equilibrium of a stock. The excess over 1:1 is Market Makers trading with
each other.
All sorts of technical accumulation/distribution models use volume in their
calculations, and this churn game where Market Makers sell to each other can
be used to manipulate the buying and selling of many who use such technical
models in their trading. These types of churn trades are all but impossible
to discern from retail trades and to my knowledge are currently completely
impossible to discern in real-time. The Market Makers combine this "churn"
trading with artificial price walk downs and naked shorting, and you have the
potential of complete Market Maker Manipulation of the whole price and volume
chart. This would be exceedingly profitable to conspirators at critical
technical junctures such as the apex of triangles and quiet, pre-breakout
trading ranges to make it appear that the order flow is going opposite to the
"real" order flow.
Why are MarketMaker's allowed to report these churn trades (Market Maker
to Market Maker) as volume, since supposedly a Market Maker is only
concerned with "making a market?" There is no legitimate need for volume
figures reported in real time price streams as well as end of day price
reports to include Market Maker to Market Maker transactions. After all, who
is the market being made for? Another Market Maker?
Volume manipulation is a type of "pump and dump" scheme orchestrated by and
for the benefit of the Market Makers themselves. It works like this: The
Market Makers start selling to each other to artificially inflate the volume
figure over a period of days to generate investor interest, but they do not
yet start Naked Shorting. Now after some number of investors have laid down
their hard earned money and there has been some price appreciation, Market
Makers then start to Naked Short the position, effectively capturing the
Investors Money, as price erodes due to the dilution that the creation of
the short positions cause. This capture of investors money occurs in the
event the investor has a stop loss figured into their trading strategy which
mandates them to limit their losses, so they sell due to price erosion
caused by Naked Shorting. Stop loss's are always recommended in beginner's
guides to technical analysis and automated trading strategies.
I wonder why?
In any case these stop loss strategies combined with the flawed reporting
structure of the real time price stream, line the Market Makers pockets with
huge sums of money.
Naked Shorting, Sophisticated Hedging,
and Price Manipulation
Thomas Jefferson once said something to the effect: "Any man has the right
to swing his arm as far as the next mans nose, but no further." Allowing
large and sophisticated portfolio holders to short against a stock I hold
long as a hedging tactic when shares of another companys shares are the
other leg of the said hedge, and further which has the effect of causing my
stock holdings to tick downwards, is a violation of Thomas Jeffersons idea.
In a similar fashion so does Naked Shorting. Namely, that sophisticated
hedging and Naked Shorting tactics "extend their arms into and through my
nose." These types of tactics should be stopped since they run counter to
the ideals of the vast majority of Americans, and the spirit, if not the
letter of the law, as envisioned by our Founding Fathers. No one should be
able to sell what they don't own, only what they do own!
To sell something before it's purchased is not a stock sale, it's a hybrid
stock/futures transaction, since the timeline is artificially reversed. It's
nothing more than a promise to purchase at some time in the future, and in
the OTCBB the suspicion is that it's often later, rather than sooner. This
contrasts with what release No. 34-42037 suggests about short selling: The
buy to cover is "usually the same day the purchase of the short sale is
executed." On the other hand, an outright stock buy carries no implication
to sell at any time in the future, and the same can be said of a normal sell
when the buy occurred first...no further obligation to buy or sell further.
The current practice of Naked Shorting and also Hedging calls into question
the entire ethics of our legal system as it relates to the purchase and sale
of a company's stock.
Why do you allow the Market Makers, when acting in their roles as "bona-fide
Market Makers," the right to short a stock without even an affirmative
determination of the existence of shares to short against?
This activity of Market Makers essentially makes counterfeit shares of a
company, then introduces them into the supply demand equilibrium of any
particular stock in order to deflate or dilute the current value of each
share held by shareholders. It's stated that this is done so that investors
aren't forced to pay artificially high prices during short and temporary
supply demand imbalances.
Why aren't Market Makers required to be responsible to the Company and it's
shareholders with respect to an accounting of the Short Interest in real
time held by Market Makers?
There is no oversight currently that insures that Market Makers are covering
their short sales when the temporary order imbalance is corrected. It appears
to many OTCBB traders that the Market Makers are keeping their short sales
many days before covering. A similar suggestion was made as documented in the
SEC Release No. 34-42037, File No. S7-24-99 in the sections C, Previous
Reviews of Short Selling, item 3, 1991 Congressional Report on Short Selling,
specifically numbered items (7) and (8). This lack of action from the SEC has
let the Market Makers dictate the supply and demand for any given stock they
make a market in and thereby they also control or "manipulate" the pricing of
each and every share, for extended periods of time.
"Section 10(a) of the Exchange Act gives the Commission plenary authority to
regulate short sales of securities registered on a national securities
exchange, as necessary to protect investors"
If this is so, why aren't the short sales of OTCBB stocks regulated by the
SEC?
The SEC has allowed the OTCBB market to be self regulated by the NASDAQ, who
in turn allow Brokers for OTCBB stocks to have "run away" naked shorting. I
presume it has been convenient for the Market Makers that the SEC has not
determined that the OTCBB is a "national securities exchange." The inmates
are running the asylum, and the SEC needs to wake up.
Conclusions
Current Securities Law need to be amended with respect to the OTCBB market
so that:
a.. The Brokerage practice of Naked Shorting in the OTCBB market is
stopped immediately. The number of outstanding shares of any stock should be
fixed at whatever number the issuing company has determined. Trading
entities must be prevented from "adding to the trading supply of stock
available to purchasers," and by so doing diluting the price value of
current shareholders.
a.. Market Makers are disallowed the right to Short Sell OTCBB shares when
the Market Makers are trading for their own accounts unless the seller
personally owns the shares being sold. They should never have the right to
borrow any other entities shares for this purpose under any circumstance
whatsoever, due to their information advantage and greater flexibility
granted to them through NASDAQ self regulation over other market
participants such as the general public.
a.. When the Market Maker is acting it it's role as a "bona fide Market
Maker" the Market Makers must be forced to report the real time current
total short sales accumulation numbers in aggregate form in the real-time
price stream, available to all through many market data vendors at
reasonable cost. Computer Technology now allows this with the simple
addition of a few lines of code in publicly available price feeds. The OTCBB
already has a portion of this capability in it's ACT system, but it's not
available to the public at a reasonable cost, nor is it available in
real-time to the general public, only to other Market Makers. Market Makers
must be held responsible to companies and the shareholders for failing to
report this critical market data freely to the trading public, as a check
and balance on their own corrupt trading practices.
a.. Churn trades between Market Makers should never be reported in the
volume figure at all. This would halt Market Maker orchestrated and price
stream centered "pump and dump" schemes.
a.. Violations of these suggested changes to existing law should be
enforced with mandatory jail time, not merely monetary punishments, which
serve as little deterrent when contrasted with the huge sums of money they
are culling from investors day in and day out. The current monetary fines
imposed by the SEC for violations of SEC rules are relatively speaking
"pocket change" to the corporate firms involved. They are nothing more than
a token "slap on the wrist."
Where is Robin Hood when you need him?
Kenneth Klaser,
Private Investor/Trader
United States of America
ifURmethanwhoami, Could you post a chart with your theory? I thought we might possibly have a cup and handle last week until the PPS fizzled again, maybe a Double or Triple bottom too, but this stock really doesn't follow TA that great, unless they release some news, PR's have been way too few and far between though, many have confronted management about it, but we have yet to see some change, IR Firm needed REAL BAD HERE! AG Pro saves us I hope, without it were stuck.
Zar, Do you keep a log of the stocks that recover after a 50% drop or more? It would be interesting to see if a pattern is showing anywhere on the penny plays that drop 50% or more in a 2-3 day period of time, if a pattern of recovery could be recognized on some of your Death Drop scans, you could really make a heck of alot of money by investing a certain amount in each stock, that is as long as the Drop was not attributed to some devasting news or if something catastrophic happened to the company. I've been reading your scans for a long time now, I really respect your commitment to this.
Someone posted that I was the seller, for anyones Information, I haven't sold anything, we have almost 600K here, I haven't sold anything since July 2006, the last time I added was in Oct. at .03, I would love to take some profits here but unfortunately things haven't happened for MLXO yet, that can get the price out of the resistance. Furthermore, it's nobodys business anyways if anyone sells, everyone has the right to sell whenever they choose, the person who posted that about me, has never seen my accounts of which I have several here, and until you have seen my accounts, you have no business posting anything to that effect. People have been saying that I have lost heart here, maybe thats true, alot of us have been waiting a very long time, and the wait sometimes gets to us, but I personally am not ready to throw in the towel here, so please stop posting crap about me. I believe the whole key here is AG Pro, whether they close the deal or not is going to decide whether we make any money here or not, they get AG Pro and we are Rich, they don't and we are stuck where we are at for a while.
Zagd, When short-sellers know that a company has a very large authorized number of shares but the outstanding total is way below that, many times when a small-cap company in situations like Michelex has been in, strapped for cash and robbing peter to pay paul, they know that these companies usually get Loans for convertible debentures and they know the stock is going to go down because of it, this isn't always the case, but many times it is and it is a shorters paradise. Tom G has learned a very expensive lesson here and is not going to make that mistake again. Reducing the Authorized number of shares lets the shorters know that the company is not going to be issuing hundreds of millions of shares thus diluting the crap out of the stock, so shorting it would be a waste of their time. I hope that helps.
PR Right now would be,,,,,,,,,,,,,
SWEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEET!!! Reduce them there Authorized Shares there Tommy Boy!!! From 1 BILLION down to 2-300 MIL, Remember this one here? Ole Tommy still needs to make good on this one, at least PR The fact that Michelex is still takin the A/S Down and Relisting on the OTCBB.
=>) :>)
Michelex Corp. Announces Termination of Convertible Debenture with the Commander Fund
Wednesday April 19, 2006 11:57 am ET
MASSENA, N.Y., April 19, 2006 (PRIMEZONE) -- Michelex Corp. (Other OTC:MLXO.PK - News) (``Michelex' or the ``Company'), a plastic manufacturing company and an audio record production group, announced today that the proposed convertible debenture agreement with the Commander Fund introduced by Cornell Capital, which was to take effect in February 2006, never materialized. All future dealings with the Commander Fund have been terminated. With this news, Michelex will file a 14C with the SEC to reduce the number of available shares from 1 billion to 200 million shares. This reduction will allow for more investor interest and limit potential shorting which has been placing significant pressure on Michelex stock.
Thomas Gramuglia, CEO of Michelex, stated, ``We also feel with this agreement eliminated, we can move to the next level and partner ourselves with a quality investment banking partner to provide non-toxic financing and added-value to our shareholders.'
If you look at the chart going back a year and a half or more, this stock has been fairly reliable with the double bottom formations, there have been a few of them over the past couple years and they always had a good run-up afterwards. We look like we have one now with the 2 bottoms at .025 and .0215 with .057 in the middle. Back in the March run-up to .09 we had to bottoms at the .006 area.
Without Michelex buying out AG Pro, they are bankrupt, if Michelex doesn't buy them out, AG Pro's next step would be to file for bankruptcy. Tom G could really save some cash by letting them file in reality but he might not get it either by waiting for that, someone else could scoop it up underneath him. I think this is the smart play, to get it now, before they file, then Michelex owns it for sure. Investors that have been watching this on the sidelines, are going to take notice for sure once the news starts flying. This is going to be a very good month for Michelex, I have that run-up feeling right now, it's about to start. Tom G. better throw us Longs one heck of a Shareholder Party when this is overwith. I smell Dollarland in the coming months. I hope I'm right.
Daily Chart; The Parobolic SAR looks like it will drop Tomorrow which is a Bullish Indicator, a BUY Signal, it's been a long downtrend for the SAR after the little Run-Up on Thanksgiving week off the AG Pro PR. Today the Parobolic is at .033 Tomorrow it should hit .032 if we get a .032 Print Tomorrow, it will send the SAR to the bottom of the Chart. Hopefully we have all the weak hands out of the Stock now with their Tax losses, and us Longs who remain can expect some very good news in the Short-term and hopefully we will at least get back to the .06-.08 area, really we should be trading at the Fair Value of .15-.18 once the 15C is filed and we have a Market Maker lined up for Relistment and the work Begins on the Reduction of the Authorized Shares, the Intrinsic value of MLXO Should start to kick in. The AG Pro acquisition should be our Rocket Fuel to get us to .30-.50 or Higher ($1.00)?, we Hope anyways.
Where did I go? This board is so boring and DEAD it's not even funny anymore! I'm not going to babysit a dead board 24/7, I try and check it out at least once a day to make sure nobody is posting GARBAGE, but to sit and post on a dead board is a waste of my time. Hopefully the company will have some concrete news soon and maybe things will liven up around here.
MLXO Has all their Filings "UP TO DATE" with the exception of the 15C which will relist them on the OTCBB how many "PINKS" do that? Actually MLXO is not a true Pink, they are a BB Stock that was Delisted for having late filings, they have their act together now and have caught up their filings and should be relisted shortly after the first of the year. Even a little DD would prove these facts.
zag, Michelex is doing everything as if they were still listed on the BB, Since they are almost to the Relisting point and everything must be on the up and up, they are doing everything by the book and to lower the A/S they have to notify all the shareholders on record with a Mailing, that takes a while along with changing thier articles of Incorporation, a Pink Sheet can do as you said but Michelex is a BB Stock that got Delisted for Late Filings and is getting back on the BB, so everything is being done right. As far as NIR goes, they turned down the SB2 on Friday I guess and it's supposed to be done tomorrow, the revised version. I just found out today/Sunday.
wzebra33, Where have you been? The A/S was upped to 1 BIL last Spring, I thought we changed the I-Box, But I guess we forgot, I just changed it, we need to update the rest of it too, Last Jan.-Feb. Cornell was going to try and Loan Tom G. cash by creating an offshore entity called Commander Capital, but it never came to Fruition, thank god for that, but the A/S was upped to 1 Bil in the Process and Tom G. PR'd in April that they were taking it down to 200 MIL but they have not acted on it yet, I have been all over him about it for months now. You didn't know about any of this? Do you read the Filings at all? Read the DEF 14 from early this year.
Excellent News!!! I spoke with Tom G. Today and found out that NIR Group REJECTED THE SB2!!! Now I'm sure you want to know why right? Well it's for a reason you would never guess! HA! Michelex had TOO MANY SHARES REGISTERED ON THE SB2! I'M NOT MAKING THIS UP EITHER, NIR Management told Tom G. That they believe that the Share Price is going to go up once they close on the Financing for AG Pro, and Get Relisted on the OTCBB and that the Amount of Shares that Michelex has registered was way too much, way many more than needed! How often do you hear that??????? I think in the wake of all the SEC Investigations into these Equity Financing deals, and all the Fines handed out to Companies like NIR and Cornell and others, that they saw a Potential for another Investigation from the SEC, so they told Tom G. to cut the amount of Registered shares almost in half! WOW. NIR Believes that the share price will be much higher when they are able to convert, and the fact that TOM G. is about to close with a Major Investment Bank that will pay off NIR Before they are able to Convert any shares anyways. Great news today!!! A PR Should be coming as soon as they close with this Investment Bank.
Hmmm, I wonder who this is now? Born Oct. 27th, NO POSTS Until yesterday and Today yet he seems to know and awful lot? Makes me wonder. Things that make you go HMMMMMMMMMM?
Yeah, well how much different do you think they are when both products come from a soybean??????? I'll tell you this much, USSE and their Amazing new fuel is not all thats it's cacked up to be, it's being hyped bigtime for profits from the stock, ONE BIG MAJOR RED FLAG For me is the fact that they are not going public with their fuel but keeping it private now who in their right mind would keep something private if it was so HUGE like they say??? It still comes from a soybean just that they are cooking the chit out of the soybeans till they turn black, big deal, any engine can idle for a while on the same fuels, and did you notice they mixed their fuels 50/50 with gas and diesel? Their product in my opinion isn't that much different than the Biodiesel made from the machinery that Michelex is buying, it's just being hyped that way or they would be going public with the fuel. They would make Billions going public if this was a NEW MAGIC FUEL, Thats why I believe it's basically the same thing when you get right down to it, just cooked a little differently, a different recipe turns out a different variation of soybean fuel, Michelex is going into the Biofuel SECTOR, the same SECTOR as USSE, Michelex will have it's day once the markets realize they are a REAL VIABLE Company.
MM's looking for sellers BIGTIME.em
Notice how SBSH is not even on the List from OTCBB.com of Market Makers Monthly share volume? They are not even on here this year at all, that means this must be the first month they have traded MLXO all year since November is not reported yet, according to this, they have NOT Traded MLXO all year until this Month, HMMMMMMMMMMM????????????????? WTF is up with that?
MLXO - MICHELEX CORP
Page 1 of 1
October 2006 September 2006 Year-to-Date
Volume Rank % Volume Rank % Volume Rank %
--------------------------------------------------------------------------------
Total Share Volume 9,137,896
--------------------------------------------------------------------------------
VFIN
VFINANCE INVESTMENTS, INC 5,580,534 1 61 2,781,585 1 46 8,414,119 3 14
UBSS
UBS Securities LLC (UBSS) 1,890,920 2 20 1,321,181 2 22 17,724,502 1 31
NITE
KNIGHT EQUITY MARKETS, L.P. 827,051 3 9 437,235 4 7 7,184,739 4 12
ETRD
E*TRADE CAPITAL MARKETS LLC 542,890 4 5 1,018,305 3 17 8,911,814 2 15
HDSN
HUDSON SECURITIES,INC. 85,768 5 <1 34,078 6 <1 982,945 8 1
PERT
PERSHING LLC 76,733 6 <1 34,000 7 <1 573,820 10 1
HILL
HILL THOMPSON MAGID & CO., INC. 54,000 7 <1 275,000 5 4 866,000 9 1
JEFF
JEFFERIES & COMPANY, INC. 35,000 8 <1 - - - 137,169 14 <1
BEST
BEAR, STEARNS & CO. INC. 10,000 9 <1 17,000 8 <1 67,000 15 <1
DOMS
DOMESTIC SECURITIES, INC. 10,000 9 <1 - - - 267,000 11 <1
SSGI
SETON SECURITIES GROUP, INC. 10,000 9 <1 - - - 64,000 16 <1
VERT
THE VERTICAL GROUP 5,000 10 <1 5,000 9 <1 5,857,000 5 10
TASL
Tradition Asiel Securities Inc. (TASL) 5,000 10 <1 - - - 20,000 20 <1
SALI
STERNE, AGEE & LEACH, INC. 5,000 10 <1 - - - 5,000 21 <1
--------------------------------------------------------------------------------
Page 1 of 1
Hey he got the 10Q's out as Promised, This is good, Tom G. is delivering on his promises, that shows CHANGE and CHANGE is GOOD is this case, hes following thru on his promises. I spoke to him on wednesday about the DEF14 and how urgent it is to file that and lower the A/S, and I believe he heard me, I told him that is one of the reasons Big Investors are staying away.
These MM's have posted 2 300 Signals this week, one on Monday and the other Today, I have been told a 300 Signal means to take the Price Down, who in their right mind would trade 300 shares? Only the MM's. WHY? SHORTS IMO.
MM Signals......
a-Signals between MMs...
100 > I need shares
200 > I need shares badly but dont take it down to get em
300 > Take the price down to get shares....
400 > Trade it sideways based on Supply and Demand
500 > Gap one way or the other, usually to the direction
of the 500 trade. Sometimes -if in the middle -keep the price right where it is.
12:58 on Monday and 9:33 Today.
MLXO(2006/11/20)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
15:59:57 10000 0.049 + OTCEQ_NBB
15:55:03 6500 0.049 + OTCEQ_NBB
15:55:00 32000 0.048 + OTCEQ_NBB
15:48:00 10000 0.048 + OTCEQ_NBB
15:47:21 10000 0.048 + OTCEQ_NBB
15:47:03 15000 0.048 + OTCEQ_NBB
15:47:00 5000 0.048 + OTCEQ_NBB
15:46:09 10000 0.048 + OTCEQ_NBB
15:43:36 20000 0.048 + OTCEQ_NBB
15:37:18 30300 0.048 + OTCEQ_NBB
15:37:00 20000 0.047 - OTCEQ_NBB
15:36:54 10000 0.047 - OTCEQ_NBB
15:36:51 10000 0.047 - OTCEQ_NBB
15:36:51 10000 0.047 - OTCEQ_NBB
15:35:39 29700 0.048 + OTCEQ_NBB
15:35:21 46000 0.047 - OTCEQ_NBB
15:12:30 10000 0.048 - OTCEQ_NBB
15:00:21 10000 0.049 - OTCEQ_NBB
15:00:15 10000 0.05 + OTCEQ_NBB
14:46:33 5000 0.05 + OTCEQ_NBB
14:46:21 5000 0.05 + OTCEQ_NBB
14:33:27 3751 0.047 - OTCEQ_NBB
14:32:42 10000 0.048 + OTCEQ_NBB
14:32:30 20000 0.047 - OTCEQ_NBB
14:30:30 20000 0.048 - OTCEQ_NBB
14:28:51 20000 0.048 - OTCEQ_NBB
13:38:12 45000 0.05 + OTCEQ_NBB
13:26:57 5000 0.05 + OTCEQ_NBB
12:58:21 300 0.05 + OTCEQ_NBB
11-24-06
0.035 5000 OTO 10:10:12
0.04 5000 OTO 10:09:59
0.04 10000 OTO 10:09:49
0.041 10000 OTO 10:09:48
0.04 5000 OTO 10:09:44
0.04 5000 OTO 10:09:44
0.041 10000 OTO 10:04:41
0.041 5000 OTO 09:53:42
0.041 5000 OTO 09:53:27
0.045 300 OTO 09:33:05
0.041 20000 OTO 09:30:14
"Stock considerations" Thats the KEY "CONSIDERATIONS", Tom Has told us that he "WILL NOT" be creating any Convertible Debt. that is Toxic to the Stock. We have been told any Financing they get will be for RESTRICTED Stock, only NON-TOXIC Financing, then why are we still at 1 BIL Authorized??? This was supposed to be reduced last Spring according to the April PR, Tom G.'s number one Priority is the Company, not us shareholders. We have already seen that, Myself and several others here have been screaming about the DEF14 for Months and we are still at 1 BIL, now I can't help but wonder why? Maybe Tom wants to leave his options open? Do they really care about us Long-Term Shareholders? If he is considering a couple Hundred Mil in Stock to pay for things, then the answer is NO, These are questions we need to be asking, there is a reason we are still in the Low Pennies and I want to know why, don't you? I think we have been Patient enough, it's time for Tom G. to start making Changes, or this Stock is going Nowhere, A Good IR/PR Firm is worth the Money, this Stock Desperately NEEDS One, A PR Like Mondays should have had a Bigger Impact than this I think everone here would agree.
Yeah, well that was after we had addressed the Problem the first time and we thought we had this sort of chit fixed and Tom G. understood the Magnitude of his BLUNDER and was not going to make the same type of Mistake again, everyone screws up now and then whether it is Unintentional or not, but after a person is made aware of it and strongly advised not to makes mistakes like that and they go and do it again with the Biggest PR of the year, hey what can we say now? I know thats not the reason the little rally got socked on Monday, but it's a pattern thats starting to emerge here, any of these other stocks took off and ran like a wildfire on this sort of news, why not MLXO? We need to look this problem right in the eye as a group of investors and figure out why TF we can't hold a Nickel, much less break out of the Pennies, if we can't do that then we are wasting our time and resources here. Sweeping it under the rug isn't going to cut it, niether is telling people to sell if they don't like it, we just had our BIG PR, AND WE CAN'T EVEN BREAK-OUT OF .05??? It's time for shareholders to scream at the Company, I'm done taking emails and phone calls trying to answer for the MLXO Management, especially after this. There is no reason for us to still be trading in the .04's, we should have broke .10 with this PR, The cat is out of the bag now, Tom doesn't have any BIG PR's left, all he can do is add to this one, everyone knows they are going for Relisting, everyone now knows they are buying AGPro/Soy, all he can PR is the Details now, and the Market still seems uninterested, why is that? As an Investor in MLXO I WANT TO KNOW??? If the rest of you don't want to know that, then why are you here? We need to speak LOUD & CLEAR To Tom G. that this current Status Quo is unacceptable, .04-.05 is unacceptable, only the Management can institute CHANGE! WITHOUT CHANGE WE ARE NOT GOING ANYWHERE AS FAR AS THE SHARE PRICE IS CONCERNED. Do you think that one day the Market Makers will just suddenly jack the price up? With-out Demand for MLXO Stock they have no reason to. I know one reasoon Deep Pocketed Investors are staying away, and thats because the Management has NOT Filed the DEF14 and dropped the Authorized shares like they promised back in April of this year, I have told Tom G. this many times but he still has not taken steps to get it done, he needs to hear it from many other shareholders, then maybe they will get off the pot and get this simple procedure done. That is just one for starters.
Billy, I don't agree, There are a Number Of Investors here including me who see that "keeping the staus quo" is NOT Going to get us out of the Pennies, If you can't see that you need to get the Blinders off your eyes! I have been in this thing Longer than just about anyone here and have watched Tom G. Blow many chances to to get this stock out of the Gutter, and now we have our best chance of the year and we can't even hold a NICKEL??????????? Telling people to sell if they don't like it is NON-Productive, We need to be channeling that straight toward Tom G. He is the one that needs to Institute CHANGE, if he doesn't this stock is Doomed to remain a Penny play and I am not sitting on this for another 2 years.
Billy, He didn't lie, he just set another Date for the Company he was unable to keep, all this does is make the company look bad and give Bigtime Investors another reason to stay away, the PR would have been much better off WITH-OUT That part added in it, don't you agree? It actually gives the appearance that the CEO is kind of DESPERATE to get the Share Price up, and Bigtime Investors can smell DESPERATION A MILE AWAY! AND WHEN A CEO DOES THINGS LIKE THIS OUT OF DESPERATION IT LOOKS LIKE PUMPING TO BIGTIME INVESTORS, AND IN THIS CASE IT KIND OF RUINED WHAT WAS OTHERWISE AN EXCELLENT PR!!! WE HAVE BEEN WAITING ON THIS PR FOR SO LONG AND TO GO AND SCREW THE POOCH BY ADDING CRAP LIKE THAT BOGGLES MY MIND!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! As soon as I read that on Monday I thought, OH NO! Here we go again, another deadline set by Tom G. and if he doesn't keep it, it's gonna be another Shot to the Foot! And sure enough it is, So far, unless the 10Q's have been filed already and they show-up Friday Morning, if they Don't show Friday, Or Monday at the latest, MLXO Is going to be Laughed at again by alot of Deep Pockets. It's just sickening to watch this chit happen to us. We should have went over .10 with this PR. EASY!
I just got thru stating at the end of my post that I AM STILL LONG AND AM "NOT" BASHING ANYTHING HERE! BUT THE TRUTH NEEDS TO BE TOLD TO TOM G.!!! HE IS SHOOTING HIMSELF IN THE FOOT EVERYTIME HE SETS A DATE FOR HIMSELF AND DOESN'T KEEP IT! IT JUST GIVES THE DEEP POCKETED INVESTORS, (THAT WE NEED SO MUCH TO GET OUT OF THE PENNIES), ANOTHER REASON TO STAY AWAY FROM MLXO! Ask yourself, "WHY ARE THEY INVESTING IN POS STOCKS LIKE USSE OR OTHERS THAT HAVE RUN-UP TO UNREAL NUMBERS OF .60-.08'S AND STAY AWAY FROM MLXO"??? From watching Management make STUPID DECISIONS like this! Sweeping things like this under the rug and pretending it's not happening won't bring about the CHANGE needed to get us out of the SINGLE DIGITS! I Am only Speaking my mind about A COUPLE CHANGES that need to be made here, and Until Tom G. makes these changes and sticks to them, how do you expect this stock to attract Bigtime DEEP POCKETED Investors? Without the Deep Pocket BIGTIME Investors how do you expect this stock to ever climb out of the Pennies? We need much more Shareholders than we have now to get out of the Pennies, Especially with the New Shares that have been becoming UNRESTRICTED, DON'T COUNT ON THE MARKET MAKERS TO GIVE US FAIR MARKET VALUE.
BBilly, How many people BAILED on this Stock back in Sept.-Oct. because of the Promised Relisting by Mid-Sept.??? I had a Good Long Talk with Tom G. about that, I was convinced he had REALIZED the MAJOR Mistake he had made by putting that in a PR Only to disappoint Shareholders and Lurkers watching from the sidelines and watch our stock plummett to .03's, and now he goes and does it all over again??????? All I can say is WOW! WTF is up here? Now we read from a Newspaper article that this acquisition will be paid for with "STOCK"? Well that wasn't in the PR was it? We have heard of a High Powered Financial Inst. that is supposed to be Financing this and Tom's Promise to never get into Toxic Financing again, I hope we are not already in one with NIR Group??????? I've been Long and Strong on this Investment of mine here, but unless Tom G hires a PROFESSIONAL to run this Stock, along with a PROFESSIONAL IR/PR Firm to handle the PR's, Major Investors with Deep Pockets are going to Stay Away, and that my Friend is the only hope we have of getting out of the Pennies, Because OBVIOUSLY The Market Makers are Far from giving this Stock a Fair Market Value, We got close this past summer at .098, but then a Whole Chitload of Restricted Shares got Dumped in our lap and that took away any Momentum we had to get out of the Pennies, And now Tom G seems to be repeating some of his past Mistakes, it just boggles my mind to see more of the same Bullchit that got us here to begin with, I sure wish some other shareholders would step up to the plate and start repeating to Tom G. as a reminder of how he got in this Pickle to begin with, and repeating past Mistakes will never get us out. ONLY CHANGE WILL, CHANGE! CHANGE FROM MAKING PAST MISTAKES! CHANGE FROM RELEASING PR'S WITHOUT HELP FROM A PROFESSIONAL PR FIRM, CHANGE FROM FINANCING WITH CUT-THROAT SHORT-SELLING CONVERTIBLE-LOVING FIRMS LIKE NIR, CORNELL CAPITAL, ect. ect. ect. Let me also say, I support this Company 110%, and I am still Long on this, But Tom G. needs to hear the TRUTH! I am NOT Bashing anything, But I have to speak my mind about the Truth here, we will never get out of the Pennies until we Realize what the Problem is here, Why won't the MM's give us Fair Market or Intrinsic Value??? Why are Deep Pocketed Investors staying away in Droves from this stock??? There has to be a reason? I believe I have just stated a couple, Like I said Tom G. needs to hear it from more than just a couple shareholders.
I sure Hope Tom G Doesn't "SHOOT HIMSELF IN THE FOOT AGAIN"!!! You'd think he would have learned by now, not to put a Date on things like Filings, after all the crap he heard from upset shareholders after his Summer PR of Mid-Sept. for Relistment, If I would have known he was putting that in the PR I would have advised him to NEVER EVER SET DATES UNLESS YOU ARE 110% CERTAIN YOU WILL MEET OR EXEEDINGLY BEAT THE DATE SET!!! It Really upsets people for "NO GOOD REASON" It is like HARMING YOUR OWN COMPANY BY TURNING PEOPLE OFF WHEN YOU CAN'T EVEN MEET YOUR OWN DEADLINE, I Believe there are a Good Many Investors sitting on the sidelines watching this company, and this is one of several reasons why.
Your T&S has combined trades, it was a 175k sell, but it had some smaller sells in there too, someone was bailing it seems, once we get these people out that have been holding the bag for a while and we start to get some real Investors coming in we will start to advance, Relisting on the BB will mean alot, Many Investors out there won't buy a Non-Reporting Pink sheet.
Heres the Time and Sales no combined trades;
MLXO(2006/11/20)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
15:59:57 10000 0.049 + OTCEQ_NBB
15:55:03 6500 0.049 + OTCEQ_NBB
15:55:00 32000 0.048 + OTCEQ_NBB
15:48:00 10000 0.048 + OTCEQ_NBB
15:47:21 10000 0.048 + OTCEQ_NBB
15:47:03 15000 0.048 + OTCEQ_NBB
15:47:00 5000 0.048 + OTCEQ_NBB
15:46:09 10000 0.048 + OTCEQ_NBB
15:43:36 20000 0.048 + OTCEQ_NBB
15:37:18 30300 0.048 + OTCEQ_NBB
15:37:00 20000 0.047 - OTCEQ_NBB
15:36:54 10000 0.047 - OTCEQ_NBB
15:36:51 10000 0.047 - OTCEQ_NBB
15:36:51 10000 0.047 - OTCEQ_NBB
15:35:39 29700 0.048 + OTCEQ_NBB
15:35:21 46000 0.047 - OTCEQ_NBB
15:12:30 10000 0.048 - OTCEQ_NBB
15:00:21 10000 0.049 - OTCEQ_NBB
15:00:15 10000 0.05 + OTCEQ_NBB
14:46:33 5000 0.05 + OTCEQ_NBB
14:46:21 5000 0.05 + OTCEQ_NBB
14:33:27 3751 0.047 - OTCEQ_NBB
14:32:42 10000 0.048 + OTCEQ_NBB
14:32:30 20000 0.047 - OTCEQ_NBB
14:30:30 20000 0.048 - OTCEQ_NBB
14:28:51 20000 0.048 - OTCEQ_NBB
13:38:12 45000 0.05 + OTCEQ_NBB
13:26:57 5000 0.05 + OTCEQ_NBB
12:58:21 300 0.05 + OTCEQ_NBB
12:35:45 10000 0.05 + OTCEQ_NBB
12:35:33 18000 0.05 + OTCEQ_NBB
12:03:24 15000 0.05 + OTCEQ_NBB
12:03:21 15000 0.049 - OTCEQ_NBB
12:03:06 5000 0.049 - OTCEQ_NBB
12:03:06 6000 0.049 - OTCEQ_NBB
11:57:42 10000 0.05 - OTCEQ_NBB
11:57:36 40000 0.05 - OTCEQ_NBB
11:57:36 10000 0.051 + OTCEQ_NBB
11:56:24 10000 0.05 + OTCEQ_NBB
11:54:45 10000 0.05 + OTCEQ_NBB
11:54:33 10000 0.049 - OTCEQ_NBB
11:54:06 1900 0.05 - OTCEQ_NBB
11:43:12 8200 0.05 - OTCEQ_NBB
11:42:45 3200 0.051 + OTCEQ_NBB
11:41:57 5900 0.05 - OTCEQ_NBB
11:41:51 5900 0.05 - OTCEQ_NBB
11:41:09 15900 0.051 - OTCEQ_NBB
11:40:57 15900 0.051 - OTCEQ_NBB
11:40:48 5000 0.051 - OTCEQ_NBB
11:40:45 175000 0.052 - OTCEQ_NBB ?1 (S)
11:40:45 175000 0.052 - OTCEQ_NBB
11:40:33 25000 0.052 - OTCEQ_NBB
11:40:24 25000 0.052 - OTCEQ_NBB
11:39:54 20000 0.052 - OTCEQ_NBB
11:38:51 5000 0.055 - OTCEQ_NBB
11:25:42 5000 0.055 - OTCEQ_NBB
11:25:42 5000 0.055 - OTCEQ_NBB
11:25:12 5000 0.055 - OTCEQ_NBB
11:24:39 5000 0.055 - OTCEQ_NBB
11:24:21 13000 0.055 - OTCEQ_NBB
11:13:15 22000 0.055 - OTCEQ_NBB
11:13:12 62000 0.055 - OTCEQ_NBB
11:10:51 7800 0.055 - OTCEQ_NBB
11:10:15 5000 0.055 - OTCEQ_NBB
11:10:06 5000 0.057 + OTCEQ_NBB
11:10:06 5000 0.057 + OTCEQ_NBB
11:09:54 5000 0.055 + OTCEQ_NBB
11:09:51 10000 0.055 + OTCEQ_NBB
11:09:18 20000 0.054 - OTCEQ_NBB
11:09:12 10000 0.055 + OTCEQ_NBB
11:08:24 20000 0.055 + OTCEQ_NBB
11:08:09 25000 0.054 - OTCEQ_NBB
11:08:09 50000 0.055 + OTCEQ_NBB
11:06:39 30000 0.054 + OTCEQ_NBB
11:06:27 25000 0.053 - OTCEQ_NBB
11:05:36 20200 0.055 + OTCEQ_NBB
11:05:21 25000 0.052 + OTCEQ_NBB
11:05:18 10000 0.052 + OTCEQ_NBB
11:05:15 5000 0.052 + OTCEQ_NBB
11:05:00 5000 0.051 + OTCEQ_NBB
11:00:54 20000 0.05 + OTCEQ_NBB
11:00:24 5000 0.05 + OTCEQ_NBB
11:00:15 11700 0.05 + OTCEQ_NBB
11:00:00 13500 0.049 - OTCEQ_NBB
11:00:00 28600 0.049 - OTCEQ_NBB
10:59:48 20000 0.05 + OTCEQ_NBB
10:59:39 10000 0.049 + OTCEQ_NBB
10:59:24 5000 0.049 + OTCEQ_NBB
10:58:00 15000 0.047 - OTCEQ_NBB
10:57:36 5000 0.049 + OTCEQ_NBB
10:57:33 5000 0.049 + OTCEQ_NBB
10:57:21 5000 0.049 + OTCEQ_NBB
10:57:21 5000 0.049 + OTCEQ_NBB
10:56:42 30000 0.048 + OTCEQ_NBB
10:56:00 5000 0.048 + OTCEQ_NBB
10:55:51 5000 0.046 + OTCEQ_NBB
10:55:30 10000 0.046 + OTCEQ_NBB
10:44:30 50000 0.046 + OTCEQ_NBB
10:34:42 20000 0.045 + OTCEQ_NBB
10:34:27 20000 0.045 + OTCEQ_NBB
10:32:03 50000 0.045 + OTCEQ_NBB
10:31:39 25000 0.045 + OTCEQ_NBB
10:31:36 25000 0.045 + OTCEQ_NBB
10:30:45 40000 0.043 + OTCEQ_NBB
10:26:36 4000 0.042 - OTCEQ_NBB
10:26:06 10000 0.043 - OTCEQ_NBB
10:22:33 15000 0.043 - OTCEQ_NBB
10:17:54 7000 0.045 - OTCEQ_NBB
10:12:42 825 0.045 - OTCEQ_NBB
10:12:15 100000 0.045 - OTCEQ_NBB
10:11:57 100000 0.046 + OTCEQ_NBB (XF)
10:06:09 10000 0.045 - OTCEQ_NBB
10:05:51 3200 0.045 - OTCEQ_NBB
10:05:27 5000 0.045 - OTCEQ_NBB
10:04:36 39100 0.046 + OTCEQ_NBB
10:04:27 40000 0.045 - OTCEQ_NBB
10:04:24 10000 0.046 + OTCEQ_NBB
10:04:24 10000 0.046 + OTCEQ_NBB
10:02:45 5900 0.046 + OTCEQ_NBB
10:02:24 20200 0.046 + OTCEQ_NBB
10:02:15 10000 0.045 + OTCEQ_NBB
10:01:54 10000 0.045 + OTCEQ_NBB
09:58:18 15000 0.045 + OTCEQ_NBB
09:58:18 5000 0.045 + OTCEQ_NBB
09:57:30 25000 0.045 + OTCEQ_NBB
09:57:15 5000 0.044 - OTCEQ_NBB
09:55:36 8777 0.045 + OTCEQ_NBB
09:55:27 5000 0.044 - OTCEQ_NBB
09:55:27 10000 0.044 - OTCEQ_NBB
09:55:18 17000 0.045 + OTCEQ_NBB
09:54:42 25000 0.044 - OTCEQ_NBB
09:54:36 25000 0.045 + OTCEQ_NBB
09:54:21 25000 0.045 + OTCEQ_NBB
09:54:21 25000 0.044 + OTCEQ_NBB
09:51:12 5000 0.042 + OTCEQ_NBB
09:51:12 10000 0.041 - OTCEQ_NBB
09:50:45 46000 0.043 - OTCEQ_NBB
09:50:30 22800 0.044 - OTCEQ_NBB
09:49:27 1540 0.045 - OTCEQ_NBB
09:49:15 3450 0.045 - OTCEQ_NBB
09:48:54 5000 0.045 - OTCEQ_NBB
09:48:54 5000 0.046 + OTCEQ_NBB
09:48:39 5000 0.046 + OTCEQ_NBB
09:48:39 27100 0.046 + OTCEQ_NBB
09:48:15 12000 0.046 + OTCEQ_NBB
09:44:48 21500 0.046 + OTCEQ_NBB
09:44:21 20000 0.046 + OTCEQ_NBB
09:44:12 10000 0.045 - OTCEQ_NBB
09:44:09 5000 0.045 - OTCEQ_NBB
09:44:03 25000 0.046 + OTCEQ_NBB
09:43:39 5000 0.046 + OTCEQ_NBB
09:43:36 5000 0.046 + OTCEQ_NBB
09:43:21 50000 0.046 + OTCEQ_NBB
09:42:54 50000 0.046 + OTCEQ_NBB
09:42:51 14400 0.046 + OTCEQ_NBB
09:42:45 27700 0.045 - OTCEQ_NBB
09:41:57 5000 0.046 + OTCEQ_NBB
09:41:39 1800 0.046 + OTCEQ_NBB
09:41:18 5000 0.045 + OTCEQ_NBB
09:40:42 4125 0.045 + OTCEQ_NBB
09:40:39 40000 0.045 + OTCEQ_NBB
09:40:36 40000 0.045 + OTCEQ_NBB
09:40:33 1012 0.045 + OTCEQ_NBB
09:40:27 28988 0.045 + OTCEQ_NBB
09:40:18 25000 0.045 + OTCEQ_NBB
09:39:57 15000 0.045 + OTCEQ_NBB
09:39:57 11666 0.045 + OTCEQ_NBB
09:39:09 25000 0.045 + OTCEQ_NBB
09:38:30 10000 0.044 + OTCEQ_NBB
09:35:03 5000 0.043 + OTCEQ_NBB
09:35:00 15000 0.042 + OTCEQ_NBB
09:34:54 10000 0.042 + OTCEQ_NBB
09:34:36 5000 0.041 + OTCEQ_NBB
09:34:36 5000 0.04 + OTCEQ_NBB
09:32:48 25000 0.04 + OTCEQ_NBB
09:31:57 5000 0.039 OTCEQ_NBB
I might add also, If what has been going around turns out to be true, these little 144's are not going to matter hardly at all in the face of that kind of news, your talking a Multi-Mega-Bagger here if these Rumors turn out to be true. We know from the T/A that the Float is between 33 and 38/39 Mil, that is Still Very Tiny by Comparison to the Current Share Price, Revs, O/S, Forward Speculation, Relisting, Other Stocks in same Sector, ect. ect.
My post from HSM is below this, These filings help explain the new shares in the Float. I will add this, we still have an amazingly "SMALL FLOAT" UNDER 40 MIL!!! If USSE (Formerly "LFZA"), A "TRUE" Pink sheet Having never been listed on the OTCBB, with No Revs, No Factory, Nothing But smoke and Mirrors from a Snake Oil salesman Type personality, with an O/S of almost 650 MIL, and a Float of almost 150 MIL, CAN RUN FROM .0005 TO .83 ON HYPE AND FORWARD SPECULATION AND HOLD .40!!! HOW MUCH MORE CAN MLXO WITH REAL FACTORIES, REAL GLOBAL BUSINESS, REAL REVS, 28 YEARS OF REAL PROFITS, A REAL VIABLE FUTURE BUSINESS PLAN, Shall I go on??? How much more can MLXO Do with the Rumors going around, if these rumors are true, I bet we can run past Dollarland into the $2-3.00 Range, just do some math on the Multiples with the Forward Speculation added in, I'm not Dreaming, we could really see this kind of Returns Here!
My HSM Post Today;
We've been trying to get an accurate figure on the float recently with all the shares that the 2 year restrictions have come off from 2004, What my Guesstimate is right now is this, The Management asked the Transfer Agent for me on this issue and the Total amount of shares that are "Free Trading" are 47 Mil, but Just because the Restriction is off of these shares doesn't mean that they are part of the Float, we know for sure that A Family Member of One of the Officers of the Corporation is Holding over 8 Mil Shares that Recentley became Free Trading shares, But I was Told there is NOW WAY They are Sellings those Shares anytime soon, especially at these prices, and I think they would have to file a registration to sell them too, so that brings us Down to 38/39 Mil, Now we know that the people from Argilus Investment bankers have sold their Shares off that they have held from July 2004, Now exactly how many shares they had is being Disputed right now, I have heard a couple different figures, First I heard they had 8.1 Mil, then I heard 4.7 Mil, so I'm not sure, but add at least 4.7 Mil to the previous Float of 28.3 and we have 33 Mil, So We have at the very Least 33 Mil in the Float and at the Most 38/39 Mil, there is a 5/6 Mil Difference we are trying to figure out right now, but we can safely say the Float is in the Low-Mid to High 30's for sure, which is still SMALL BY COMPARISON!!!
Wrong, This is an OTCBB Stock that got "Delisted" to the Pinks for Late filings, and are returning to the BB, Process is underway right now, there is a big difference between a BB Stock Returning to Reporting status, and a Pink getting on the OTCBB For the "FIRST TIME"! It's a Much more In Depth Process for First Timers rather than for Returning BB'ers.