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Fine, it is good not to believe blindly, you will watch and learn, as i have done in the past few years in penny world.
OK, here is one secret. If NITE and AUTO consistenly are on the top of the ask they are shorting/dumping and if they turn around and sit on the bid, then covering has started. They are now on the bid. The word consistent is key.
There is a little hint in the L2 that this may run up today. Once we break 0.006, i can see only blue skies on the horizon.
Ironically company's name is watch it...
Suddenly 0.0027 buy looks costly, lol. Hope there is a restriction period on the notes conversion, otherwise triple zeros in couple of days.
MMs nite, auto on the bid at 0.0025. I think this is reversing big time.
I hate to rain on the merger parade. The Indian company avtar singh construction is in the middle of a liquidation court case filed by a bank who apparently loaned them. Look at item 20 in link below. If you are merging your company with another will you not check the court cases pending against them?? something fishy on the part of VCTY. Do your own DD.
http://highcourtchd.gov.in/data/2010_10_07_w_m.htm
cool, will do
I have a feeling this may run up on monday, as the common stock is retained, but dilution of 2B new shares will start thereafter to take it down, followed by a reverse split..lets watchout
Section 7.1 says reorganised debtor can issue upto 2 billion shares. Hopefully dilution will not happen. Iam not a basher, just this point worried me..any thoughts?
GACFQ - multi bagger alert - may emerge out of bankruptcy soon
GACFQ showing signs of life..may emerge out of Q pretty soon. watchout
Yes, i think without news/8k we are heading towards 0.002 by tommorrow..
CARR is sitting at 11 cents on the ask. Was at 0.004 bid, now at 0.002 bid. May be CARR is indicating 0.002 is the new low and 11 cents is the next stoppage point after 8K release. The energyone company must be having some assets (atleast a million dollar worth) as they have a client to which they supply, so must have a manufacturing facility..
This is going down on relatively low volume. Hence it may not be the company dumping shares. Unless 10s of millions of shares are traded, we should start going up. If the volume suddenly jumps up, without much price movement, that will be a clear sign of company dumping shares to finance their business plan... 8K need to be released asap..New MM CARR has appeared today, not sure what that means..
LOL..think about this. It takes nearly 100K USD yearly to just keep a OTCBB stock listed. Do you think a 32nd degree mason will sell the company for 50K USD and walk out with loss, on the cusp of a major gold deal...does not quite tally? tommorrow's price trend should give a clue.
Just don't write it off yet. Some sly games are played here on the verge of a major gold mining contract...need to wait for the details to unfold - fingers crossed
Dr. Gates was listed as one of the “Outstanding Young Men In America”. He is a 32nd degree Mason, with a membership in The Scottish Rite Bodies.
O boy..if you follow masonic degrees, 32nd degree is just one below the top most 33rd degree....good enough to get business from anywhere he likes...hold tight to your shares IMO....
http://www.allstatepropertiesholdings.com/about_us
FRAE - catch it before it starts running wildly...
Interesting to note this case status is being reported by port orange (florida) attorney. May be Suntrust wanted the case to be transfered to florida. Once the news of settlement is out, this stock should rocket.
yep, with the bankruptcy case out of the way i guess the shell is little more clean, whatif cca global partners want the shell as well for a public listing, just a wild thought...
FRAE - bankruptcy case closed according to this link (page 21)
http://www.port-orange.org/documents/meetings/regular/2010-08-03/getdoc.php?item=09.pdf
guess decks are cleared for a reverse merger...watchout
FRAE - up 500% - bankruptcy case closed according to this link (page 21)
http://www.port-orange.org/documents/meetings/regular/2010-08-03/getdoc.php?item=09.pdf
guess decks are cleared for a reverse merger...watchout
A liquidating trustee will be left to wrap up what's left of Fleetwood and the company still faces legal challenges.
http://www.pe.com/business/local/stories/PE_Biz_D_fleetwood30.21893ab.html
this is far from over
Xtremepicks.com DD
http://xtremepicks.com/portal/wp/?p=2007
Thursday’s key date will be here before you know it and our sources have indicated to us the situation is looking favorable for FLTWQ. While anything can happen and nothing is guaranteed the safe play would be to sit on the sidelines and do nothing. The only problem their is no one ever became rich by allowing opportunities to pass them buy.
FGOCQ 0.0025 X 0.0027 , could explode any moment..
FGOCQ RM play, moving on thin air, 1 cent possible...
FGOCQ moving on thin air...
Should test 0.005 today...
Krusecom deals in refurbishing and remarketing multi-million dollar mainframe computers....this is huge folks..i have worked in zseries mainframes, i know how big and how expensive they are..
As the world leader in refurbishing and remarketing zSeries mainframe hardware, KruseCom also offers refurbished distributed servers, tape and SAN storage and many other peripherals which it also remarkets around the world.
http://www.krusecom.com/About.php
zeries pricing
The acquisition price for the System z9 ranges from "about $100,000" (IBM reported U.S. 2006 price, 2096-A01 model) to millions of dollars for the 2094-S54
http://en.wikipedia.org/wiki/IBM_System_z9
QSGI used in another page, look at it before they change it, looks like it is a cut and paste carry over from QSGI website lol..
http://www.krusecom.com/Legal.php
Yes, it was QSGI few hours ago. If You search "qsgi krusecom" in google on the search results page under "http://www.krusecom.com/About.php" you can still see QGSI, as it is a cached version...boy they changed it today i bet...
As stated by HDOGTX, the link between QSGI and Krusecom is nailed in Krusecom website, may be inadvertently. Look for the highlighted QSGI word in the text below..why would they mention QGSI?? if there is no link..
http://www.krusecom.com/About.php
Data Center Hardware
KruseCom sells refurbished enterprise-class hardware for significantly less than the cost of new hardware. It also provides consultation to help clients make decisions about changes to their hardware environment so they may maximize output while minimizing total cost of ownership. As the world leader in refurbishing and remarketing zSeries mainframe hardware, QSGI also offers refurbished distributed servers, tape and SAN storage and many other peripherals which it also remarkets around the world.
info about old action industries
16:36 1/9/2007 AACZ Action Industries Inc Common Stock AACZ SkyFrames Communications, Inc. Common Stock 1-200 R/S **
http://www.otcbb.com/asp/dailylist_detail.asp?d=01/08/2007&mkt_ctg=NON-OTCBB
looks like its symbol was AACZ. i guess somebody else picked up the name "action industries" after this reverse merger of the old company with skyframes communications..
This gives the gist of merger with action industries. Still does not explain why form-4 was filed under AXMA??
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7292165
In December 2009, the Company began actively pursuing alternative business opportunities, including financings and reverse acquisitions and had discussions with various third parties. Joseph Meuse, the CEO of the Company, and Joseph Passalaqua, an affiliate of the Company, had a brief discussion in December 2009 regarding options for the Company and Kalington, Ltd., a company of which Mr. Meuse was a shareholder. Kalington was a profitable privately-owned company, while the Company had limited operations and lacked profitability. The conversation between Mr. Passalaqua and Mr. Meuse in December 2009 led to a follow up conversation in March 2010 between the two parties. As the parties’ discussions regarding their respective situations and the potential benefits of a transaction progressed, Mr. Meuse formally recused himself from representing the Company and ultimately resigned all of his positions with the Company on March 25, 2010 just prior to the Board formally considering the transaction. Mr. Meuse and his affiliates did not participate on behalf of the Company in the negotiations between the parties, nor did they participate in the vote of the board of directors to approve the transaction. The board was aware of the potential conflict of interest and the Company determined that it would be in its best interest to acquire the profitable operations of Kalington, Ltd while retaining its public company status. Through their legal counsel, the parties negotiated the acquisition agreements in March of 2010 and the transaction closed on March 26, 2010. As a result of our reverse acquisition with Kalington, Action Industries is no longer a shell company and currently has active business operations. Our principal business is now the production of steel wire ranging from 6mm to 10mm in diameter.
AXMA - there is a similar company in nevada, who's president is mentioned as Mr. James Clapp which matches with otcmarkets website info..
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=FwI8RpdhziRIy2tqe09ILQ%253d%253d&nt7=0
AXMA - info from SOS website
https://www.corporations.state.pa.us/corp/soskb/Corp.asp?109697
check out ACTND (renamed after issuing new shares post reverse split)...But the question is why the form-4 was filed under AXMA...i doubt it was by mistake since one needs username/passwd for filing in OTC site..there seems to be a connection between these stocks...
AXMA - iam getting confused. There is another stock ACTND which is formerly know as action industries, under which a form D is filed by the same person who filed form-4 under AXMA today (which was formely called as action industries)...Is this a error due to duplicate company names...anybody???