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Here is the summary of the 14C in case you missed it a few days ago.
This Information Statement is being furnished to you to inform you that the holders of shares representing a majority of the voting power of our securities have adopted, by written consent, resolutions authorizing us to approve and adopt an amendment the Company’s Certificate of Incorporation (the “Amendment”) to effect, (i) increase the number of shares of Common Stock of the Company (the “Common Stock”) authorized for issuance from 200,000,000 to 1,000,000,000; and (ii) increase the number of shares of Preferred Stock of the Company (the “Preferred Stock”) authorized for issuance from 50,000,000 to 250,000,000; and (iii) in the discretion of our Board of Directors, a reverse stock split of the Company’s common stock at any time prior to next annual meeting of stockholders at a reverse split ratio in the range of between 1-for-2 and 1-for-30, which specific ratio will be determined by our Board of Directors (the “Reverse Stock Split”) (collectively, the “Amendments”).
Don't forget about the R/S that can possibly take place later this year which will tighten up those O/S as well. ME LIKEY!
Chris (Still in Iraq)
and?
No I understand all that... I was just curious if we could try and get any information of when it would be out is all. It all seems to be a master game plan for something but who knows. Well my funds should be released tomorrow so I'm thinking I might double down. Can't hurt can it? j/k.
Chris (Still in Iraq)
Last hour we could still get back up to .006 before EOD. We'll see. Also looking forward to another bounce tomorrow too.
I would agree with you... There were just a lot of people that followed this thing down pretty far. Unfortunately my money didn't clear today for me to get in on the cheapness. But I came in at .0093 initially so hopefully i will be able to double-down tomorrow. I'm not a big dog like you financially and am just learning but none the less my DD has made me feel confident in this stock as well. Remember you don't loss anything until you sell!
Chris (Still in Iraq)
I had the same question... I wonder if any of the great minds in here would help us out about your post.
Sorry if this is a naive question all, but can you help me make sense of what's happening to the Kaching Kaching stock pps? For the last couple of weeks it seems like every other day someone moves a sizeable chunk of it, Kaching dips, then this dips. I've been guessing that this has all meant that the company is raising money to fund the recent acquisitions but I'd like to hear what some of you think. Like if I'm liquidating paper assets to get tangible capital, if that's the case them I totally get it. Thanks again, this is my first post and first day but you don't have to be gentle, what I doesn't understand I promise to google, : )
Grahmber I was curious if you were going to touch base with the CFO and ask what is going on with all this. When they actually expect to file the 10-K and all.
So I have been watching what everyone has been saying and it seems to be the same stuff. I did have a question because I'm still the New Guy. Why did it go from OTCBB to Pink?
No gap jump today.. I don't think we will see much of a bounce until the 10-K finally comes out.
Any any opinion as to why the price of this stock is so low aside from the R/S if they had did and acquisition??? I can't seem to find anything negative about the company or anything else. Doesn't make much sense that it was maintaining before and not it has dropped. Is it possible for a bounce soon?
You all seem to be WAY MORE optimistic than I am. But none the less a + is a + at the end of the day.
I'm as optimistic as the next person but to think it will jump up to .02-.03 just this week alone may be a far fetch because there really isn't much supporting that. I'm optimistic enough to see it go that way here in the upcoming weeks though. Again hope everyone had a good Easter Weekend.
Chris (still in Iraq)
A number of investors huh? Me, Myself and I? J/k I don't know how it would make that big of a jump. I don't see anything on the Level II at the moment so you must have some super secret squirrel contacts then. I'm an investor and am looking for it to go up to .05 - .10 however I don't see that happening on a Monday out the gate.
So if I may ask when did the "# of investors" say it was going to happen?
Tomorrow is a new day and we shall see how this week goes. 5 days of trading this week so that is good Always happy about that. Like I said I look at this as more of an investing opportunity than a trading opportunity. Hope everyone had a good Easter. It was just another day in Iraq for me.
Chris
Thank you for trying to help out just like MoneyBob did last week. Thank you for the good luck and wish all the best to you.
Chris (still in Iraq)
I have been serving in the US Navy for 11 years come this August. Thank you for your support.
Very Respectfully,
IT1(SW) Christopher Hegg,
United States Navy, Active
Understood Robert however what I think Millionsinplay was stating is that the PPS would remain at .001 after the R/S which isn't the case and that is what I was trying to protray.
Additionally the "dilution" you refer to IMO is more of a power play for them because of the R/S, more shares would allow to provide more shares for new investors within the Common Stock is all. If they add the shares prior to the R/S those shares will receive the same chop as the R/S. But more shares will allow for additional buyers to come along. The level of knowledge and experiance the CEO has won't allow this company to go under in my opinion.
No matter what, it is the way each individual looks at it. Like I said I'm not looking into this penny stock as a flipper but as an investor with good things to come. Unfortunately I don't have more time to discuss but I look forward to everyone's reponse.
GLTA
Chris (still in Iraq)
The reason for there being no history was because the company was late in submitting their 10-K so that puts an E on the end of the ticker. So it only shows the history of BYOCE it doesn't show the history of BYOC. Once they submit the 10-K which they have 30 calendar days to do so which if I'm not mistaken is by 15 May 2011 the E will drop off and it will then become BYOC again. Hope this helps.
Chris (still in Iraq)
I believe your right. I believe the CEO is a VERY smart man and has only the best intentions here. I do see this stock as an investment option not a trade option. It isn't a flippers dream this is an investment opprotunity with things to come IMO. So if your looking at a quick gain this probably isn't the option for you.
IMO:
- The 10-K will be coming out eventually.
- Revenue will start being generated from AdJuice.com in the first week of May.
- The R/S as stated in the 14C will allow for a different type of investor. (I think it will be a smart move to allow brokers to offer it as an investment option because the stock isn't too cheap anymore.)
There are other things IMO but that is just a few. Here is to a brighter investment future.
Chris
You should move further down the document and you will read the following:
Our Common Stock is quoted on the OTC Bulletin Board under the symbol BYOC. The Reverse Stock Split may also have the following effects on our Common Stock as it relates the public markets:
• If implemented, immediately following the effective date of the Reverse Stock Split the market price of our Common Stock as quoted on the OTC Bulletin Board may increase up to 30-fold depending upon the final ratio of the Reverse Stock Split, and thereafter the quoted price will be subject to ordinary market conditions, and
• The CUSIP number of our Common Stock will not change.
Who has all their eggs in one basket? This stock actually only takes 14.5% of my small investment portfolio. I don't have wads of cash like some people on this board. I'm still a new guy here but I do have some common sense. But none the less thanks for the looking out.
Well I'm trying to load some more cash to see this thing through. So hopefully things will stick around so I can get a bigger investment in . This is the silence before the storm folks.
OK So I know I'm just a newbie and when I mean newbie I mean 2 weeks into this whole thing. But the VERY first piece of advice I got from someone was this. "You never gain or lose until you decide to sell." With that being said it doesn't matter when you bought or how much you bought but what it is when you sell. I bought in a .0093 but even though it has bounced all around in the last week I'm not worried because I haven't sold anything. What will matter is what the final price will be WHEN I sell it. Just some food for thought. GLTA
I'm game... I'll be around for the long run. It's a company that I see has good potential. Just add me on as an assistant after you take over moderation.
You were only .0005 off. It did have the potential though... But what are you going to do with the flipper in the mix???
Here it is right from the NT 10-K:
"Revenues have increased from $903,852 for the fiscal year ended December 31, 2009 to approximately $ 980,000 for the fiscal year ended December 31, 2010. The Company’s net loss decreased from $11,656,030 in fiscal 2009 to a net loss of approximately $1,500,000 in fiscal 2010. Approximately $6,500,000 of this increase was the result of the gain on the sale of one of the Company’s subsidiaries along with an estimated decrease in loss of $5,000,000 the effect of accounting adjustments related to discounts and derivatives on securities."
That sounds like there will be some positive things coming out on the up and coming 10-K. Also there will be some things to look forward to in the first week of May since that is when they will be generating revenue from AdJuice.com Oh well let the flippers flip and the folks who can't hang do what they do. I see some good things coming for this company in the near future.
Well if you read their NT 10-K from 31 MAR 2011 down on the bottom if I interpreted it correctly it seemed like they had some positive things to report. But again I'm just a newbie and I could be wrong. GLTA.
I remember there were people last week calling the company to ask questions. So I guess I'm going to ask this again. Was anyone going to call and find out about the status of the 10-K? Unfortunately I'm in Iraq so that isn't happening from this end. Thanks.
How many more shares were added?
Heck if I could meaning if I had the money I would do the "Double Down" play right about now. So what it is a bad week. There are great things on the horizon. For all of you finding the door I wish you fair winds and following seas. I'm going to ride this bronco into town.
SO is there anyone in the concerned group looking at calling the CFO today and asking the status of the 10-K?
Well looking at the bid/ask now it reverted back to the BYOC prices of .0075/.008 as of right now. Here I was hoping to something big had happened but guess not. The other B/A was from previously when it was .03 a share last year some time when the ticker was last used.
Not sure but when I put in the quote for BYOC it automatically takes me to BYOCE. So I have started a board up over there. If anyone has any knowledge for the ticker change share with the rest of us. I can't seem to find any news or anything about anything. Maybe I'm looking in the wrong places. Thanks everyone.
Must be nice to have that kind of money. I'm still just a simple military man. I hope all the best for you. Could make your year I'm sure.
What did I say about .008 being the baseline for the day??? It's all good... I know there were others that were interested in getting more shares today so good for you all. Here's to the up and coming rise of BYOC. Have a good day to everyone.
Did any confirm when the report was coming out this week. I know it usually appears after the market closes. But if I wasn't mistaken the continuation on it was limited to this week correct? I was curious if anyone had called and asked or got confirmation is all. Thanks.
Thanks for checking in Bob. I'm not extremely worried. I only had $145 invested into the company. I have wasted more than that on "stuff". This was my shot at penny stocks so it isn't anything that I couldn't live without. Besides an investment none the less. I wasn't expecting to double or triple overnight or anything but I was getting in cheap due to the things to come in May. VERY EXCITING. I'm just an active duty military man and this isn't critical to my survival it is just a new hobby. Thanks again for checking in. If you got any good educational information for me I would greatly appreciate it. Have a good day.
Apparently seems to be the DISCOUNT SALE day today. LoL Get it while it's hot at .0071 It also seems the www.pricecrusher.com isn't the only one crushing prices. LOL All will be well... Everything happens for a reason.
.008 seems to be the baseline today. LoL It's a short sell week with only 4 days of the market being open. No worries from here. May is going to be a GREAT month!!! Hope everyone is doing well.