I didn't sell out, I bought in!!
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Am I reading that right, they shorted 142mil shares!?
whoa!
yep 37% of the float BOUGHT today! Manipulation at its finest!
LOL, the problem is you take people for idiots. Someone creates a new alias and tries to "warn" others of the scam they are involved. This is america, if you want someone to look after your money you have to pay them to do it, lol Anyone offering free advice on your finances usually don't have your best interest in mind.
Bederra Corporation (Pink Sheets: BEDA), a Houston, Texas based diversified medical services provider has announced that the Board of Directors met to confirm a buyback of the Company's issued and outstanding common stock and to approve the financing of the company's buyback program.
Texas based diversified medical services provider, has announced that the Board of Directors convened a special meeting to discuss a proposal to buy back a portion of the Company's issued and outstanding common stock.
The company stated that the Board discussed several options with regard to the financing of the buyback and is awaiting further discussions with their attorneys, accountants and finance sources. It is expected that the Board will meet again in 2 weeks to complete a buyback strategy, though conceptually the board approved it. Management stated that it would announce any and all specifics with regards to the proposed buy back as details are finalized.
This isn't really up to interpretation. The buyback is coming and the financing is in place. The company will NOT tell us when they plan to buy. One day we get a PR stating the float has been reduced and the acquisition has been completed. Lower o/s, higher income, massive short position, $$$
"i am out with a loss and will go back in if it breaks .0016"
Now I understand why MMs act the way they do. that's easy money!
I Got the same number from her you did, oh well will call tomorrow and ask specifically, how many shares are restricted! I asked her what the float was, she replied with 700+mil???
No story, I asked the lady specifically what the free trading float was she said, 712,499,000 free trading shares. The company needs to wait to release the pr until after the adjustment has taken affect. The os has gone up since February 3rd and they pr a change that hasn't taken effect yet.
When you see a pr stating we retired 130mil shares, and then you call the ta and actually see dilution of about 60mil shares, that does not look good!
Have to wait to see if the o/s is actually reduced first. You say it is 3 days?
I can verify that!
O/S has increased, all restricted stock is now free trading.
The o/s must have been at 900mil when they issued the shares for the "pending transaction" then returned back to the treasury!
hmmmm.....
LOL, went from .0135 - .027, that is a huge!! run for two days, people took profits plain and simple.
8014857978 thanks!
Someone needs to verify it with the ta
so we got a 580mil o/s now?
"It is our intent to utilize every possible tool to increase the value of our company for our shareholders and a reduction in total outstanding shares is one action taken towards that end,"
Good question???
The good thing is, with 80-100mil in annual sales potentially, I don't think we will see any of that restricted stock enter into the market at these ranges. Also the company most likely won't be diluting, they will not burn the holder of the restricted shares by making his stake less valuable.
Good things to come!
15c211, 500mil restricted shares were issued for the licensing agreement.
To my understanding, in order for those restricted shares to be fully trading, there is a 6 or 12 month time limit??? Also the company has to be current with their filings.
The company WANTS the share price higher, the owner of that restricted stock WANTS paid for the license he sold to wdrp.
Well I certainly don't mind helping.
I have a contact at BCG and she was able to verify the existence of the companies mentioned in the PR. The deals however, cannot be verified, and until we can get some kind of audited financials or some proof of sales then that is up in the air. The product can be verified and once we get some news on the specs then we can gauge the performance compared to existing tankless heaters, and see if it will stand a chance. ATM natural gas tankless waterheaters are far cheaper then electrical units, however from reading the specs we can get a hold of, this thing has the potential to use ALOT less energy than a conventional electrical unit.
Keep in mind also Russia has the largest reserves and most production of natural gas in the world. Most countries don't rely on natural gas and learning from the US, most don't like to import energy. Japan for instance has 53 nuclear power plants and is planning on building more of them to accommodate growth. But now alot of emphasis is being put on energy conservation, rather than energy creation. It makes sense that this water heater has such a potential.
At the moment sheer speculation is driving this stock, for obvious reasons. I agree with some that we need some more concrete info before we can start to really take off. But that is the attractiveness to this play. When we have all the info, we won't be able to buy the stock at .02! GLTU
As I told a poster yesterday, don't come here crying, don't ask for links, don't ask for proof! It is your money and therefore YOUR responsibility. Go and find it and GL!
Starbucks!! All I can say
agreed
"Furthermore, at the advice of our licensor, Wanderport has purposely not yet disclosed final detailed specifications of the product, as we are making a conscious effort to protect our proprietary technology and shareholder value. Hence, we understand frustrations manifested by industry professionals. In the coming weeks following Mr. Simoneau's Asian trip and in conjunction with a possible US sales and distribution contract, we hope to be in a position where we can elaborate further and unveil our pre-market unit prior to full production."
The creator of the product was given 500mil restricted stock, they are not releasing info in order to protect the product and his stake in the company!
That is your job to verify it, don't come on here crying, don't ask for links, don't ask for proof. Go and find it!
No, I have read ranges of 8-10bil in annual sales globally. They want to achieve 1% annually, far way off, but at the moment we have projections from 3 distributors only, the projections will start to grow higher as more countries sign up.
.3 is possible, they need that 1% of global water heaters sales!
((100000000*.15)/711000000)*15 =.316
lol, well the deals announced didn't fall on there laps.
1$ would make it a 711mil$ market cap, I don't think we are there yet.
A.O. Smith would be another good suitor, there technology is outdated and they have to know it.
you're whiny!
google is not the end all, find better resources.
completely different principle, this is a conventional electric unit meant for one outlet. Pulsar has a instantaneous on demand unit, night and day.
A typical house hold with full demand will use 15liters/min, that is exactly 4gal/min. The pulsar was designed for multiple and simultaneous use at exactly 4gal/min.
30 amps, 1500 watts, doesn't even compare!
Last thing I am trying to do is argue, the point is, like most pink stocks there will be a lot of volitality and volume here. Unlike most pink stocks this company stands a chance at launching a good product that could do very well. I plan to play this thing for awhile. There will be a nice amount of money to be made here!
scott you saw, Wednesday and Thursday right? New to the pinks?
Definitely! This thing will pumped up and driven right back down, the thing is unlike most pinkies, this one has a future and a product that is visible and could do very well. The trend will be up for some time to come, with some nice volatility and volume, will be trading this one for the next year if the business can pull everything off.
Anyone know when we will be trading on the BB?
Thinking of the companies goal of obtaining 1% of the global market for their products. With conservative margins and a conservative p/e, this could be .3 one day, just sayin!
Thanks Billy!
Indy huh? Might have to show up, is it 75$/day?
my god this company is moving fast!
forgot to switch your screen name!
.02 nice!