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I think it is possible to gap on monday just because Xkem has a yahoo message board. I'm buying more just because of that. Been trading stock actively for 7 years and have never seen otc or pink with a message board on Yahoo. Good Omen!!!
I bought into evcc.ob and they are trading at 1.50 and no board.
Is it possible that XKEM is going over to the NASD or something of this nature.
advice to sell .003-.004.
I think that may have been the trading range for the last month or so , but I really think this is going to change over the next month. Hopefully .005-.01+ and not .001-.002.
BANY could have major news with multiple PR's producing a major run up, or they push it out to far for shareholders to hold thier shares.Either way BANY is not going to stay here in this trading range for long.
Just guessing,next week could be the start of the run.
I really do not think so.I believe we will end up at a day range of .0022 to .0029. Yesterday I was watching level 2 and the MM were clearly taking it down to the primary bid support of .0024. Why you ask? IMO that is were the most liquidity is for the dumping of the CD's. So now the MM must take it back up 15-20% to allow for the bid to stablize.Its a little crazy to look at it like that and I may be wrong but that is what I see. Someone said why don't they dump the CD's when a run is happening. And from thier stand point .0025 is a run, much better at .0024 than .0002.
time to go up , the 25 mm just dumped.
What do you like about it. I'm still reading it but basically said 1/3 of the holders want thier money right now and the other 2/3 will review option till the 16th jan. and the 2/3 will want to delute. would help tramendously if they had a NOW product.
I guess the question here is , the PPS is getting destroyed and in the 10Q management said that if this happened , they will refin. somehow to stop the delution of the PPS even if they have to file for bankruptcy protection.If they do get some kind of refin. in place . BANY is going to go up very fast.
newfy. great post.I don't want to be reading the last 10Q wrong(and I maybe),but it looks like first quater of 2007.none the less I believe and so do many that BANY is going higher in 07
from last 10q
The investment group has converted all $1,200,000 of the notes issued in 2004 and $302,656 of the notes issued in 2005 to stock. The aggregate outstanding principal amount of the remaining convertible notes is $4,497,344 as of the date hereof, including the outstanding notes issued in 2005 and 2006. We believe without assurance that the investment group will continue to convert the rest of the notes to stock. However, the rate of conversion has become negligible as a result of the decrease in our stock price, to which the rate of conversion is tied. All of the remaining debt may not be converted when the remaining convertible notes begin to come due in the first quarter of 2007. We intend to refinance, extend or otherwise restructure this debt before it becomes due. In the event we are unable to do so, we may have to file for protection under the federal bankruptcy laws and we may be unable to continue in operation as a going concern.
Be lucky to see another trade..
Bought 2mm more @ .0026 today. Looks like BANY's trying to go green
Think USXP will go to .006 Friday . down first then up
November 30 , BANY went from this level to a high of .007.
for no real reason,maybe well see some MOMO.
C'MON BANY , let the hounds loose!!!!!
need ARCA on the bid ,we go up every time.
Looks like it's a MM signal 5000 = 1 MM to knock off thier spot, either up or down. you can almost bank on it when you see a green 5000, we go up and visa versa.
C'MON bany DROP THE BOMB!!!!EOM
How many outstanding shares????
Thought I would post a stupid question ,what ever happened with our dividend shares,was this a total scam , and the cert pull was only to buy urban and friends time to let the pot cool and hide. No news since Aug.Not following it that close but do check the task force web sight once in a while and seems the counter is still moving?????
Could the MM be buying . Thus try to buy say at .0024 and then sell them at .0026+++ , I think thats how they make thier $$$$.
I have been watching this fall , what happened. Any chance anything going for it to bounce.looks like it will touch .001.
Will do DD , but any info would help.
Dr_Pennystock , I hope your right. From your track record I think you usually are. Looks like BANY's early 2007 looks pretty good and if they follow through I think .04 is possible.
I know that I am loaded and ready for the run up.
Gotta say I'm a little suprised we didn,t end up 10% ,still a hour to go. I would of bet on it and did .
No 25 mm blocks today.$$$$$$$$eom
SFTV , the play today
I recieved a e-mail from CUSA , with a DR. phone number. what do you think I might say/ask him about it, cost savings ect.
Waiting to make the call . Requested more doctors that are using the VT3000.
I E-mailed CUSA and asked if I could have a small list of doctors presently using the VT3000 so that I could reference the epuipment, A Dr.quickly returned my E-mail and offered to assist me.
Keep you posted.
I'm talking about major resistence , Moving avg , RSI , william%r , not normal selling pressure on the way up.
Looks like resistence at about .009-.01 range , if you look at that chart dating back to feb. its a fairly steady climb with little resistence.
The problem now isn't resistence , it's we go to far to fast.
TA of today is to have a 10% gain or a 110% , I think we close green either way , might touch red but it will be short lived...Looks like CD's are out of the way. Will keep a close eye on big blocks today. Also news is not to common this time of year , but I think we may hear some positive guidance for 2007. I say 110% gain only because any time we take off from levels of .003 or less the buying really follows through to .006++++.
If I'm right about .0023 as bottom , I'll never doubt TA again.Charts are sceaming BUY from a short view.. Haven't owned but a handful of pennies, but one I owned ( IVOC) I made a lot of $$$$, long time ago , but I think they had 1 1/2 billion out. And I sold at almost .015. So I don't think the shares out should be off big concern if they have a product that HOT...Would be nice to get a PR stating 2007 looks bright with record rev's over thier stated record REV's before Christmas.
The Exponential Moving avg. But I use the Displaced Moving avg. Thats why I say .0024 is bottom or .0023
Right at our Displaced 50 DMA..I think the only Moving avg. that hasn't broke yet???
I guess the market will determine the bottom in the end. For me I have posted .0023-.0025. But who knows.
Only owned a couple of pennies , not newly born ,this is the only one I see with earnings. Hit my radar..see you at .01
Took 20 million to bring it down and 2 million in buys to bring it back up . HMMM
READ POST 4087
From your Prospectus"
However, the rate of conversion has become negligible as a result of the decrease in our stock price, to which the rate of conversion is tied. If these trends persist, all of the remaining debt may not be converted when the convertible notes begin to come due in the fourth quarter of 2006.
Hay , guess what were in the 4th quarter
Cant believe how well .0029 is holding , over 8 mill on the bid @.0029
I must be missing something because it looks like just 1/2 billion O/S shares???
For each $1 dollar in notes there is 15 warrants (3 million dollars advance * 15 warrents = 45million shares). + an addition 50 million warrants for early delivery.(50 million warrants divided by 15 = 3,333,333 shares of common stock.)
48,333,333 shares total
So they raised the O/S from 363,281,357 + 130,547,369 = 493,382,726 o/s
Looks like they didn't have enough O/S so after 09/06 they filed a S-8 for the 38 million more
Bringing the total to no more than 532 million.
Effective February 8, 2006, the Company entered into a Securities Purchase Agreement. Under this agreement, the Company agreed to sell a total of $3,000,000 in callable secured convertible notes for three years with 8% annual interest payable quarterly. The notes are convertible into shares of the Company’s common stock at the holder’s option. The conversion price will be equal to the lesser of $0.0057 or the average of the lowest three intra-day trading prices during the twenty trading days prior to the conversion date discounted by 50%. Lenders shall receive for each $1.00 of notes fifteen warrants to purchase one share of the Company’s common stock. Warrants have a five-year term from the date of issuance with an exercise price of $0.001 per share. Warrants are issued as notes are sold.
During the period ended September 30, 2006, the Company received advances in the amount of $2,915,000 , and 93,725,000 were issued. These warrants include an additional 50,000,000 warrants in consideration for the Company receiving the November and December proceeds in advance. The warrants are valued at $380,200 based on the Black-Scholes option-pricing model. Financing fees related to the advances amounted to $65,000. The fees were capitalized and are being amortized over the three-year term of the note. The notes are due in February 2009 through September 2009.
As a result of the advances of the amount $2,915,000 on account of the convertible notes, a beneficial conversion in the amount of $2,534,800 has been deducted from the face value of the notes and is amortized over the three-year term of the note as interest expense.
On the last business day of each month beginning in March 2006 and ending in October 2006, the Company will receive $85,000 from the sale of the convertible notes. The Company received in advance the proceeds for November and December.
During the period, $292,428 of the face value of the 2004 note was converted into 130,547,369 common shares.
7. Stockholders’ equity:
Preferred stock:
The Company has 1,000,000,000 shares of no par value preferred stock authorized.
Common stock:
The Company has 5,000,000,000 shares of no par value common stock authorized. At September 30, 2006, there were 363,281,357 shares issued and outstanding. The Company had 55,875,000 outstanding options and 67,646,250 outstanding warrants.
Stock transactions:
During the period ended September 30, 2006, the Company issued 130,547,369 shares as a result of conversion of convertible notes (see Note 6).
During the period ended September 30, 2006, the Company issued 2,200,000 shares as a result of conversion of $110,000 in short term convertible notes.
Funny how the date of the transaction was in FEB. and the PPS in MAR. was .02 to .04
Some people trade a 100th of a cent ,but I will hold and buy more on weakness , saves on capital gains, hoping to sell at much higher than we are now.
Yeah: Seen this a hundred times. MM are going to shake the tree hard one more time . 0023-0025 , and then it's a trip to penny land.
NEWS can save the decline!!!!
YA, Also plow in the winter.Hours are tough but you have all day to trade.
Anyone watching TGLE free fall...