Tearing up Pinkyland scams! Beware the wolves.
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LOL They're back! Pushing you to buy their shares. .0006s up!
ETRF is Etrade. They short stocks? Really?
Ah, cancel that. I see he was gone April 20
.0014-.0015 Today? Really? Why? Been hearing these kinds of posts all the way down to the recent 52 week low of .0007. Why is today different?
I never said they weren't but yes I feel it important to clarify the numerous posts eluding to the false assumption of the firm being "new" to AISytems. You pumpers are never satisfied. I DD the actual fact that they are still working on AISystems legal matters and you complain. Truth just stings some people. lol
My agenda? LOL Truly stupid. It doesn't matter what I say. You will never believe it so I won't waste my time explaining again. Go flip your heart out and I'll keep the honest posts coming.
UPDATE NOT A NEW LAW FIRM
I did find a working email address in their company directory. I emailed Rich Anslow directly who forwarded my email to Gregg Jaclin. Both confirmed that they are currently representing AISystems but I did not ask to what extent because I figured client confidentiality would restrict them from answering. Gregg is the one that is actually handling AISystems. GJaclin@anslowlaw.com
NOT A NEW LAW FIRM!!!
Do your DD folks! Don't blindly believe everything that sounds good.
This law firm was used in 2010 for the Wolf/AISystems merger LMAO! Look at March 2010 mergers and ipos
http://www.anslowlaw.com/showdeal.aspx?Type=39&Year=2010
Delivery to the following recipient failed permanently: info@anslowlaw.com this is address is provided on the companies web site under their "contact us" at the bottom of the page. As well as the email address provided on the OTC Markets site is dead also.
You say this is "NEW" legal representation? When did they start with AISystems? Is that even current? Others have said that they contacted the IR company listed on there and they company claims that they have not represented ASYI for almost two years!
You call this bashing on another board. What do you call it here? lol
"and it doesn’t fall to $0.0011, or $0.0009, or even $0.0005; like any other coordinated ‘dump-a-thon’ would"
How's that working out for ya?
Bashing? Try truth. Painful isn't it. LOL
I have stated numerous times that I own stock. Most are too busy hurling personal insults and accusations in a attempt to minimize any influence I may have on their flipping so it gets missed.
The amount that I own is small in comparison to the "I have many millions posts" lol and the amount I paid is WAY underwater, close to your first buy, but not as far as some. I will not average down because I won't give the thieves anymore of my money. If it rockets GREAT but if it goes to zero I won't lose anymore than what I already gambled.
IF the acquisition actually happens Kooltel better be worth a fortune with the 5 billion share hangover out there. Seeing as 5 billion at .001 par doesn't buy much I won't get my hopes up.
The PPS is dropping because there is no real interest in this stock. Look at other sites and see that there is very little activity concerning this company. The drop is because the company will keep selling no matter what the price is. They have to or they shut the doors and lose their own income and the debtors want their money too. The buyers are flipping for a single hundredth of a penny. They love this range. A .0001 uptick nets them 10 percent. They don't play nice and will fleece you in a heartbeat. Some stops got spanked Friday and losses were booked by some who tried to slip in.
Yes, there is still that possibility of a upward move. High risk gamble in my opinion but what do I know.
"Only positive speculation at best" Been telling you that for weeks but got condemned for doing so. You're welcome even if you didn't agree. Notice more of the people that were pushing buys so hard are now saying how great is was to flip. Warned people about them too. They make it sound like a long term hold for great news and sell to you when you buy into their fluff.
Good luck. Hope it goes parabolic for all who bought and held.
Short volume will increase right along with the number of shares flowing into the market. Nothing will stabilize with this 100K a day volume.
"Massive 10K is coming" LOL It sure was!
FYI I emailed Merus Capital TWICE but no reply. Merus is where the great Salman Ullah is just in case you don't know that. I simply asked if he was associated with AISystems at this point in time. This information is not top secret nor would it be something that couldn't be addressed due to the supposed acquisition. Why would they be avoiding that question? Adds more stink to the fishy smell in my opinion.
I also emailed OEM Capital and asked for any information that could be given out since they are mentioned as being involved with AISystems. Again no reply.
And finally I emailed KCSA Strategic Communications in a attempt to get ANY information. They are supposed to be the Investor Relations Firm according to OTC Marketplace. Yet again, NO REPLY
This whole deal stinks to high heaven. NOBODY talking and the only thing we have heard is a few unverifiable conversations and emails from Andrew Wells. Of coarse some will call BS on my comments above. Do with what you will.
Sure ya did. Just yesterday you said ....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76146707
If they dump 120K 5 days a week .... how long will it take to get rid of these even if the company isn't dropping a single share on investors? DOH!
From the 10Q:
Equity Issuances in 2012
During the quarterended March31, 2012, the Company issued 97,512,987 common shares for debt conversions
You WERE warned. It was clear in the 10Q: "There is no assurance that the Company will be able to raise the necessary funds to continue operations as envisioned or that such funds can be raised on favorable terms to existing stockholders. This could result in significant dilution or a loss of investment to any current or future stockholders. If the Company is unable to raise sufficient funds on the required timelines its ability to implement its vision will be hindered and this could result in the entire loss of any investment in the Company. The Company has limited resources at this time, in the annual financial statements a reference to the Company’s ability to continue as a going concern assumption is rendered"
Uh, penny stocks with "acquisition" in the works don't tank when major indices have a bad day. If there was anything for a large number of people to truly believe in here the stock would be strong. There are no iHubbers with any substantial influence or legitimate followers on this stock. This is a toy for the MMs to kick around until the dilution stops then they leave the twitching carcase to rot. Serious buyers, positive news or a big name promoter is all that can bring this stock back up. Until then it bleeds and gets flipped IMO
Or just more flipping. At this level a .0001 tick racks in a fast 10+%. Can you beat big money?
Yep, they drop it lower and create a new channel where people think the new low is bottom and can flip for a couple hundredths. When that channel burns out it goes down another couple and repeats. It's a grinding slow death until something stimulates it. Promos, flipper created excitement, rumors, letters of intent, management changes, etc ....
Is there more to this acquisition noise? Could be.
Worth the gamble? If you can afford to lose your money if it doesn't pan out.
Best of luck to all who are trying to make a honest profit.
4.25 BILLION NEW SHARES authorized last Friday for a grand total of 5 BILLION. Some people are making calculations based on the 5 BILLION shares being used for the acquisition but they neglect to consider that 530+ Million are already in the market as of 05/21 per the 10Q and the way the daily trading has been going there are most likely more of the remainder flowing into the system.
Some would also have you believe that the new 4.25 BILLION will be restricted when they get used then the same people say they shares will be part of a promotion. Really? How? Big problem there is that promoters usually sell into the promo to get their money! If the promoters have the ability to dump the shares immediately THE SHARES ARE NOT RESTRICTED! LOL If the promoters are paid cash then how does a cash poor company that is in debt and behind on payments to debtors come up with cash? Can you say dilution? That takes us back to the 4.25 BILLION shares probably being dumped into the market on a daily basis.
Dilution kills! The more shares coming into the market the less current shares are worth. It's a undeniable FACT.
I hope something good happens with this company but the only moves lately look like controlled pops and drops by someone flipping for a couple hundredths of a penny.
And more things:
Beatty is also in another company that just went non compliant when they didn't file required SEC forms.
Wells nobody knows what the true status of Kool-Tel is since it's private and doesn't report financials.
Ullah was brought in as a adviser on the failed jetEngine software. lol BTW Emailed Merus Capital were he is and didn't get a reply. I wonder why people directly associated with AISystems won't talk about ANYTHING even basic information requests that aren't involving the supposed acquisition or financials.
Promo tomorrow ... Why do I doubt that? Someone pops on here and claims a promo but won't say by who. Sounds like Doc and the Source BS again. Besides, people can't keep something quiet like that. It would be blabbed somewhere by now.
Let's just assume that all of the known shares outstanding as of the 10Q release are in the open market. This is assuming that anybody that had shares from debt deals has liquidated and nobody is holding anything other than shares purchased on the open market. Do you really think the market is rolling over 20% of the O/S every day and none of these are coming from the A/S on record?
Speaking of people buying shares .... I wonder why insiders haven't bought with such grand news. lol
The NEW 4.25 BILLION shares aren't restricted until the company issues a statement saying what and how they will be used. Don't be fooled. Do your DD and you will see for yourself.
You should care. If they go into the general share pool it will be quite damaging to the share value of existing shares. Just trying to set the record straight and inform.
FACT No reverse merger, it's a acquisition. Yes, there is a difference. 10Q says ACQUISITION. FACT The new 4.25 BILLION shares have not been issued, yet, to our knowledge, so NOBODY can say with any honesty that those share ARE/WILL BE restricted. FACT The last TRIPLE in authorized shares resulted in a DOUBLING+ of O/S. See the 10K for that.
Since the management doesn't need shareholder approval in how they chose to use the new BILLIONS of shares and they don't need to file anything to notify the public we will not know what is happening until AFTER they use them and that could be months when the next quarterly files are due when we actually see anything.
That also debunks that imaginary 950M shares that were claimed to have traded in the past week. Only half that has flowed through. Maybe he counts both sides of a transaction separately which might account for some of these crazy numbers floating around the board. lol Double everything to the positive side! lol
You're right. A flip for a few hundredths is a nice gain if people can slip in between the market makers. Buyers at the higher level may take a bag home if the MMs get done and drop it again so they can reload for another quick flip.
As for a positive sentiment that won't come from me until the company releases something worth being positive about. That 5 Billion share bomb dropped Friday is leaving a pretty big hole in my positive sentiment.
There just isn't any substantial interest in this company. I wish there was. There seems to be a small number of people making a quick buck off of small pops and nothing more. Other places are pretty much dead. Yahoo and Twitter are mostly the same people repeating the posts from iHub. Hokey little post your own PR site and a paltry little newsletter site are about the only other thing out there. Giant news void here.
Real news is the only thing that will cause a sustainable move, whatever direction that causes, not these little manipulated pops. In MY opinion.
Is it for real or just another POP and DROP like before. Judging from the chatter I'm going to say it's short lived. Probably just someone that accumulated a few million shares and flipping for a few hundredths of a penny, again.
Sure would be nice if something new, positive, and documented would hit the news rather than speculation and guesses.
Other than guessing where do your come up with the 10 Mil figure? Please be specific and provide a source of documented information where these numbers could be derived from. Thanks
Slap that ask! The company has debtors that need your money!
Yeah, such a shame that only one month earlier the O/S was only 250K, less than half of what was there on 05/21 and now they have easy access to a total of 5 BILLION. Just a quick signing of a form and they can swamp shareholders with BILLIONS of shares instead of half a million. Sad but true
Pretty wild scenario but left out a few things. Merger could happen and when the financials of Kool come to light they may be very disappointing.
As for losing the entire $1100 in this case, to some that may be a substantial amount of money. To dismiss that loss is pretty presumptive and doesn't take into consideration those who may be gambling with their last money.
Huge gamble for a company with a history of failure and the people that run it buy companies and run them into the ground. And this Beatty character that is supposed to be so wonderful had another company go into default right at the same time ASYI filed their reports at the last second. Allot of speculation for a stock that might produce or might go bust.
Everybody wondering where a 100K shares a day is coming from. My guess is the 4.5 BILLION share pool that AISystems now has. They had some left from the first round of dilution and probably will be pumping the new 4.25 BILLION in from last Fridays printing session. No end in site for this stream of new shares.
If you are right and MAXM "knows something is about to happen here" then one has to wonder if they are:
A. Working with ASYI or someone closely related to ASYI and why ASYI or a associate is dumping shares
B. Working with some other large shareholder and unloading a substantial position.
Either way someone is dumping ALLOT of shares and using MAXM to do it. I just don't see anything good in that.
If the acquisition talks collapsed and KoolTel is out then the new 4.25 Billion shares could be on their way to a market near you. Hope they have a better use for them but we already know that the company is broke and behind on payments. Money has to come from somewhere and shares are all they have right now.
Too many confidence men showing up too. Red flags all over