is Loving China.. considering learning Mandarian
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Well yeah forgot about clay, but that's hardly "promotion". I think a couple of momo groups are on it. Plus some longs probably sold out on the first run to $.0099 and flipped it.
Your not kin to "d indian" are you?
http://investorshub.advfn.com/boards/profile.asp?user=72686
Raising money for growth (EXPH), instead of issuing stock as stock options, or a personal ATM (SPNG) is two different things.
Regulation D in itself is not a nasty thing, some people however use it for personal gain.
Many my disagree or pick apart this next comment, but it is fact. EXPH is a prime example of how individual investors can work together with a company, provide market liquidity in order for them to raise money, and stick by the company during the entire process as true investors do. Now they have capitalized and their investment is being rewarded.
You might be interested to know about 5 individuals owned, or had purchased the majority of the stock sold by the company to raise money. I know, I was once the IR and nurtured those relationships.
A company and investors can work together.. it doesn't always have to be a love hate relationship. EXPH has not spent one single dime on promotion other than PR distribution, what you see is 100% organic.
Even I have to chuckle at that.
Depends on the audit firm preparing the audit, I happen to know more than just charts and SEC filings. There is more to it than that.
I sold EXPH today.. I'm a trader.. not an investor. Stocks are not precious to me, they are used to pay my bills though.
Awesome!! Nothing wrong with making a profit! Now instead of putting that 400% profit back into some crappy Ihub P&D where you might lose it.. be safe with it and put it in a real company.
I don't deny any of that! I am a cocky, arrogant SOB..Joe is a lot like me too.. FWIW, he now helps me mod "Emerging China Small Caps". I say it like I mean it.. to some that is a bit much, others like it. Me and Joe found common ground and get along just fine now.
Ah yes, another Ihub group pump..
It only took 2 mins.
The filing was a joke, that is what I'm trying to say. Maybe you need to spend some time studying how filings are suppose to be formatted. Any investor with a little experience at reviewing filings wouldn't have made it past the 3rd or 4th page before passing on it. It had entire sections missing on equity!!
The information was hand picked by those who front loaded it and then pumped it on Ihub. Let's be real..
It wasn't a personal issue at first.. but a few folks made it one.
R/M's are a thing of the past. Recent SEC changes to Rule 144 and 145 have made them useless.
The ONLY time a R/M is worthwhile, is a listed R/M where financing is packaged into the deal by an institutional lender.
The days of old are gone.. R/M's are not what they use to be. Any company performing one is either getting conned, or getting bad advice. As soon as the R/M consummates, the brokers and shell promoters pump.. and dump their holdings.
Rain, the filing, the one you said started everything, was a total POS. It looked like a moron prepared it. That alone was enough to scream scam. It wasn't even close to being properly prepared. Hell, pinksheets might have pulled it for that.. not because the company requested it.
As for getting off on fighting, I posted a warning about what I saw wrong with TDGI. It was your little pack of mindless followers that attacked me. When I get barked at.. I bite back.
Rain and the pinto crew were bashing EXPH because I pointed out issues with TDGI.. nobody looks to want to buy it now.. oh so sad.
Isn't that what you guys did on TDGI? Give me a break lol. Comon man, the days of 2005-2007 are LONG GONE.. the dumb money is limited in the OTC now, there are not as many fish as you put it. God Rain, I use to think you were a pretty cool cat.. now your just another Ihub hypocrite.
What comes around goes around on Ihub. They are working on being "has beens" anyway. They had a god run, but to many of their recent picks have left a wake of bag holders. Rain and crew just got hosed on TDGI.. lol. They will become irrelevant sooner than later.
No, Peter can't buy his own stock and then sell it. I'm talking about lenders.
Actually Rain, it would be a lot cheaper for a CPA to just prepare financials. The $14K was a quote for a PCAOB registered firm. You do know what the difference is right?
99% of whats been posted here is based on speculation. The only thing the company has released is a poorly prepared 15c211.
Nice news lol. I'm liking my 58's more and more.
btw, you do know what a 15-12G is right? It's a termination of registration, better known as a Form 15 and fits in well with my previous post.
Your intraday chart looks to be basing higher. Going to come to a head at those $.0075's with a possible little break out.
"Learning as I go" obviously doesn't want to learn anything. Instead of commenting about me personally, why not make a counter argument to my comments? Forums are about intelligent discussion. Curious, how is your DD working for you so far on this one? Mine so far has seemed to be spot on.
Don't hate me if your losing money, learn from this.. as you go..
Let me try to explain this one last time..
Of course all my opinion..
From the filing..
On January 29, 2001, the Company completed a 1 for 1.9 forward split of the Common Shares of the Company, resulting in 22,089,078 shares outstanding after the split.
In October 2006, the Company’s stockholders approved a 1 for 50 reverse stock split.
That means 441,781 shares are outstanding October 2006.
In April 2007, the Company’s stockholders voted to change the Company’s name to Target Development Group, Inc.
The company then re-domiciled from Delaware to Wyoming
In January 2009, Target Development Inc., a Delaware corporation was merged into Target Development Inc., a Wyoming corporation.
The way I read this filing, and I prepare these btw, is that in October 2006 the company preformed a R/S, most likely to prep the shell for merger. In April 2007 the name was changed to "Target Development Group, Inc.". Common sense would tell us that the shell was purchased, and the named changed. Common sense would also tell us that shares would have been issued as part of this transaction to facilitate the vote.
The company then re-domiciled for whatever reason from Delaware to Wyoming. At some point the O/S has increased from 441K to 150M. Common sense would be that these shares were added when the name was changed in April 2007, which corresponds with no increase in the O/S dating back that far.
Now, why is April 2007 so significant? After 2 years, any securities sold pursuant to an exemption can become free trading with legal opinion. Factor in a few months to exchange the certs for legend free, locate a promoter, deposit certs etc.. and.. lookie lookie... it appears there is a pump and dump taking place.
If it looks like a duck, swims like a duck and quacks like a duck, then it probably is a duck.
Pinks show up on Reg Sho due to the delay in DTC reporting.
Example:
Company IHUB sells shares to an accredited investor in Texas using Regulation D, rule 504 as the exemption from registration. The shares are issued to the investor "restricted" under Regulation D and Rule 144. The investor then obtains legal opinion through Texas securities law, which allows shares sold ONLY to accredited investors, to be free trading. The opinion is then sent to the T/A, the T/A removes the legend and the shares become free trading.
Now, hows it effects REG SHO. When the investor receives the signed documents from the company concerning the purchase, the investor, through his broker dealer, shorts the shares into the market, thus providing the investor with cash. At the end of the clearing period, the DTC shows an imbalance due to the "shorted" shares. This imbalance causes the company to be listed on REG SHO. Once the investor has recieved the new certs with the legend removed, he provides the broker dealer with the certs to cover his short.
This is pretty close to what happens, the shorting is 100% legal as well. This is also similar to how convertible PIPE transactions work.
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=39476526&txt2find=sho
RINO added to my chart/L2 montage.
SARO Better read that PRE14C closely. Company just authorized an additional 400,000,000 increase in Preferred Shares. They are also way behind on their 10-K.
http://www.sec.gov/cgi-bin/browse-idea?action=getcompany&CIK=0001070510&owner=exclude&count=40
There is also a dispute arising from a note holder.
http://www.sec.gov/Archives/edgar/data/1070510/000130096409000066/form8-k.htm
I would wait until the 10K is filed or you might wind up in a stock with some nasty debt.
Post #2000
Tell that to the noobs who were reading the posts about what a miracle stock it was going to be. Don't play coy with me.. I'm a pro at this shit.
I PM'd a warning to you just like I did Pinto. If I see someone pumping a straight up POS I'm going to get involved to help teach the noobs something. After all isn't that what a forum is for? Or is it just so a few of you can work a stock as a group and use the forums to pump and unload on a bunch of inexperienced noobs with posts like "The next Google" lol.
Dude, you really want to continue this with me? Ask Van or Buckeymike how this can turn out if you want to play rough. I have not even taken the gloves off, or broken a sweat yet.
Ah yes.. but who made money on the run? The little Pinto beans crew, or the noobs you pumped it too? Certainly not the noobs.. they are now the bagholders left after your little pinto bean P&D.
And since that post the stock has lost near 75% of its value and nobody knows what the hell is going on with it.
Seems I was right calling TDGI a POS?
Inside information? No, JD was always to professional for that. Was he more frank with me than maybe a regular shareholder? Sure. I kept in touch with JD as would any firm who wants to build client relationships. I'm hoping I can get the contract to provide him consulting/assistance should he decide to up list now that his cash flows are improving. He got started on it before, they finished up 2007 audits (filed on pinksheets), but was unable to finish 2008 because he ran into financial problems. At that point he was looking at $14K in audit fees, $35K in legal and $6K for S&P Corporate Manual listing. He simply couldn't afford to pay $55K and had to scrap his bid to up list due to the economic problems he was facing.
He told me things were really improving for him and that he expected he would be looking very healthy by late 2009. That is all he had to say to me. I had previously built a trusting relationship with him so I had no reason to doubt him. At this point momentum had already started in the stock and I, like any experienced trader, waited for the pullback. I imagine he had friends and family buying before he ever led on to things turning for him. They also converted their preferred into common which is why the O/S jumped up so much.
http://finance.yahoo.com/news/Expo-Holdings-Completes-Share-iw-15358265.html?x=1
What exactly is so hard to understand about that? I think the stock can easily trade over $.015 if the momentum continues. It just made the top 10 on Ihub just the past few days. If anything the momentum is just starting.... hell you should know that.
I know that things have changed now. Your right, I would have never bought the stock at $.0008 as I knew the risk was to great. I don't have a problem picking up a few at $.0058 because the situation is much different now.
There was a small group of investors, some of which I brought on board while working as IR, that bought most of the $80,000 or so worth of stock the company sold bringing the price down to $.0008ish. Those investors are now quite happy and I assume the pullback was a few of them pulling some principal and profit out. As far as I know though, all of them still hold a significant amount.
EXPH is a success story in regards to making an investment for it's core investors. Very few pinks can claim that.
IF you want to know simply ask me..
I bought the 385,000 shares based on the chart, nothing more, nothing less. I didn't get in on the run and decided to throw a little money at it on the pullback.
If you think I'm not a good trader I can whip my pecker out and we can compare sizes, of our accounts that is.
Someone is getting emotional lol.. can't think straight.
sure...
Not sensitive at all bud, I could care less what happens with EXPH. My little $2,200 lotto in EXPH is chump change to me. A typical day for me looks like this..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38979541&txt2find=feed
I don't trade these little preschooler stocks anymore. I might play one for fun, but I have progressed beyond that now lol.
My issue with you is how you and your little pinto beans buddies decide to magically show up "bashing" EXPH after I did a little bashing on TDGI. TDGI deserved a good bashing.. EXPH may be a little rough around the edges but a P&D it is not.