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1 for 250 R/S happening tomorrow
"I said a wussup with that? Wussup with that?"
You can lead a horse to the facts. After that, it's up to the horse.
Trade accordingly. Good luck in the coming days.
With funny lines like that, no doubt.
"THIS INCREASE IN AUTHORIZED SHARES WAS FOR COLLATERAL ONLY - THESE SHARES HAVE NOT BEEN ISSUED AND PVEC HAS NO INTENTION OF ISSUING THEM."
If only there was a Saturday Night Live for pinksheets.
But wait. The company is run out of Ft. Lauderdale. Isn't that the PS integrity capital of the world?
Plus, they're buying back their shares and going to the NASD per the below PR:
PV Enterprises International Announces Share Buyback To Commence Immediately
http://www.otcmarkets.com/stock/PVEC/news/PV-Enterprises-International-Announces-Share-Buyback-To-Commence-Immediately?id=72759&b=y
...
Many shareholders have corresponded with the Company expressing concern about the increases in the Authorized Shares and possibility of dilution to current shareholders.
Let me assure you that the Company has NO intention of diluting shareholders and is in fact initiating a share buyback of up to 340 million of its shares via open market transactions.
These purchases will begin immediately and last for a period of not less than 6 months. The Company further wishes to advise its shareholders of the breakdown of the current share structure:
There are currently 2.94 Billion shares Authorized. Of the 2.94 Billion shares, 1 Billion are preferred/restricted shares, unissued as of the date of this press release, and are segregated for the sole purposes of mergers/acquisitions. Once issued, these shares will be restricted from sale for a period of not less than 1 year. The remaining 1.94 Billion shares are comprised of the following:
1.2 Billion shares have been purchased by a qualified investment conglomerate interested in furthering PV Enterprises International for the sole purpose of applying for up listing to the NASDAQ World Market Exchange.
The remaining 740 Million shares are currently in the tradable float, available to the general public.
The Company, in line with minimum equity application standards to list on the NASDAQ, believes that it is in the best interests of the Company to immediately effectuate an open market purchase of its stock, (SHARE BUYBACK), which shall commence for a period of not less than six months.
It is the Company's intention to buyback approximately 340 Million of its shares via open market purchases from the tradable float and then subsequently retire those shares back into the Company's Treasury.
This would then afford the Company a more manageable public float of approximately 400 million shares which the Company feels is sufficient enough to provide for market liquidity going forward.
Doesn't get more "substantiated" than this, no?
PV Enterprises International Announces Share Buyback To Commence Immediately
http://www.otcmarkets.com/stock/PVEC/news/PV-Enterprises-International-Announces-Share-Buyback-To-Commence-Immediately?id=72759&b=y
"Previous Stock Value: Par Value Shares: 3,994,000,000 Value: $ 0.001 Par Value Shares: 1,000,000 Value: $ 0.10 Par Value Shares: 5,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 4,099,000.00 New Stock Value: Par Value Shares: 5,594,000,000 Value: $ 0.001 Par Value Shares: 1,000,000 Value: $ 0.10 Par Value Shares: 5,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 5,699,000.00
"
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=uyx9DfdRU25WJll%252fgaY8sQ%253d%253d&CorpName=PV+ENTERPRISES+INTERNATIONAL%2c+INC.
For future reference:
http://www.sec.gov/complaint/select.shtml
Your posts have been duly noted.
HBRM
Massive dumpage today. Looks like a R/S queued in the tarmac.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=tiOdGxxpADjYzPZaa7ImMQ%253d%253d&CorpName=HERBORIUM+GROUP%2c+INC.
Looks as if they're just trying to create more liquidity for their shareholders, no?
They had me at: PV Enterprises International Announces Share Buyback To Commence Immediately
http://www.otcmarkets.com/stock/PVEC/news/PV-Enterprises-International-Announces-Share-Buyback-To-Commence-Immediately?id=72759&b=y
1 for 2 on the A/S. Common shareholders aren't going to fair so well.
I think you should cut your losses. But whatever you decide, good luck to you.
Cassandra,
What's your interpretation of tonight's after market close increase of 1.6BILLION shares?
Maybe they're using it as collateral to buy a new bitcoin exchange? lol.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=uyx9DfdRU25WJll%252fgaY8sQ%253d%253d&CorpName=PV+ENTERPRISES+INTERNATIONAL%2c+INC.
Who needs collateral when PVEC keeps upping their shares?
Trust me bro - sell what you can tomorrow.
PVEC
Look for a SEC halt coming to theaters near you.
ANOTHER A/S INCREASE WHILE THEY'RE BUYING BACK SHARES!! At least they can reduce that by 500mm after today's PR lol. SOMEONE GET THE SEC ON THE PHONE
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=uyx9DfdRU25WJll%252fgaY8sQ%253d%253d&CorpName=PV+ENTERPRISES+INTERNATIONAL%2c+INC.
http://www.otcmarkets.com/stock/PVEC/news/PV-Enterprises-International-Announces-Share-Buyback-To-Commence-Immediately?id=72759&b=y
Sorry SIIX - it's game over here - look for SEC involvement next, IMO.
Flipping 4 to 5 ain't a bad business. Will do the same from 3 to 4 and again from 2 to 3.
HOLY FERK - ANOTHER A/S INCREASE WHILE THEY'RE BUYING BACK SHARES!! At least they can reduce that by 500mm after today's PR lol. SOMEONE GET THE SEC ON THE PHONE
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=uyx9DfdRU25WJll%252fgaY8sQ%253d%253d&CorpName=PV+ENTERPRISES+INTERNATIONAL%2c+INC.
Management thanks you for your money.
A few taps on .0004 and that 'wall' will be gone.
Geezee - moved my buy orders down lower.
$225K buys the company in its entirety (fully diluted) at .0005 Half of that gives you controlling interest.
Risk/reward seems to be in our favor. IMO.
Wait, you mean dumping shares into the market is not considered top line revenues?
Yeah - he 'secured' a loan. And shareholders are the financier.
The CEO is cashing out. 9.8B shares.
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=139156196253141251029028070039008175089079194136
Accumulating for the next bounce back to .001
Stinky Ed will make it happen.
Check the actual source of the info:
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=1dusB7tZUQfR%252fhEK8r3X7w%253d%253d&CorpName=TRANZBYTE+CORPORATION
Not 1,000,000,000 BILLION, just 1 BILLION added yesterday.
That's only $8million worth at .008, lol
ERBB
A/S increased from 3.75B to 4.75B Looks like they're cashing in on the MJ hype.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=1dusB7tZUQfR%252fhEK8r3X7w%253d%253d&CorpName=TRANZBYTE+CORPORATION
A/S increased from 3.75B to 4.75B Looks like they're cashing in on the MJ hype.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=1dusB7tZUQfR%252fhEK8r3X7w%253d%253d&CorpName=TRANZBYTE+CORPORATION
8-K just filed. Sharecount reduction!
http://www.sec.gov/Archives/edgar/data/1069680/000147124214000023/hhse8k182014.htm
Sure do. And my predictions were more than met.
My new prediction is that the A/S will soon be higher than 500m
O/S is around 2B - that means we only have 2.5B shares to go?
That article is great for tickers that actually have a business.
The streams crossed today, but this one is done, IMO.
Soak up the bid, and, like clockwork, .001s will be printing before we know it.
Gotta figure the company is going to raise the A/S, O/S and dump into the fake hype for the next few weeks.
This play caught a lucky streak of a lifetime.
If NTEK dares to work with other companies, I'm dumping HHSE first thing in the morning.
How dare they! I feel like I've been cheated on.