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ATYG Back on BREAKOUT BOARD! Well it was for a moment lol...Added quite a few new Board members this week. Lets get it back up on the BREAKOUT BOARD!
ATYG is looking good. Would have been nice to close green today but can't complain about the volume. I would like to hear more from the president regarding future plans, more specifically the sports complex they are planning to build. I hope the interview shows more investors the potential this company has.
UBSS needs another slap on the wrist from FINRA Lol
WSD, can you sticky the links to your video interview?
STRONG BUY on barcharts now
http://www.barchart.com/quotes/stocks/ATYG
The bigger difference is that your dog would most likely protect you from someone stealing what is rightfully yours....
Congress...not so much.
I was just perusing the posts and did notice that the market capital and share structure are completely different than that on Etrade. Etrade is showing 225K shares outstanding and $335K market capital. That is a very significant difference than what is showing on OTCMarkets.com. Has anyone else noticed this through their brokers or is it just me?
#10 on the Breakout Board!
I'm hoping we see a PR regarding the close of the new aquisition and more conclusive results from the testing...
#15 on the Breakout Board!
Hope this is a good sign for things to come...
Can you request Admin to adjust the ticker.
Why can't she sell before it hits .45?? Does she have a restriction on her trade? That makes absolutely no sense at all. She could have recouped over 50% if she sold at .25. She could recoup more than 1/3 if she sold right now. She could easily have tripled her investment on the MANY MANY days this stock had 25% or more share price fluctuations.
Lets assume she started with 10k and bought at .45. If she sold for .25 on Apr 7 (the high was .27) she would have preserved 55% or $5500.
Apr 7 Open .27 Low .20 High .27 Sold at .25 for $5,500
Apr 12 Open .18 Low .16 High .20 = 25% = $6,875
Apr 14 Open .15 Low .15 High .25 = 66% = $11,412
Apr 18 Open .19 Low .16 High .20 = 25% = $14,265
Apr 19 Open .20 Low .16 High .20 = 25% = $17,831
Apr 20 Open .20 Low .18 High .23 = 28% = $22,824
May 16 Open .19 Low .18 High .25 = 33% = $30,355
May 17 Open .26 Low .23 High .29 = 26% = $38,247
May 19 Open .22 Low .19 High .25 = 31% = $50,103
May 23 Open .24 Low .20 High .25 = 25% = $62,628
May 26 Open .20 Low .20 High .25 = 25% = $78,285
Jun 10 Open .18 Low .18 High .24 = 33% = $104,119
These are real calculations and I accomplished 6 similar "flips", recouped some losses and made a nice profit. Obviously, due to volume and timing this example is not 100% but as I said "easily tripled her investment". This also doesn't include all the many days this had 10% or more swings which could have netted much more profit.
This is a simple example of "flipping" which many longs don't exercise but if this is a company that one truly believes in wouldn't you want to increase your position by strategic trading while also increasing the daily volume? I'm sorry to hear your friend is somehow 'locked' into this stock as she could be making a small fortune on the rather predictable and very frequent swings. Check out El Jefe's Trading for Profit System board for some great advice on this form of trading.
8K out 6/10
"ITEM 2.03
CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OR A REGISTRANT.
On June 10, 2011, we finalized the loan of $849,931.76 from a Hong Kong based company evidenced by three promissory notes. The notes have a maturity date in two years and are convertible at the election of the holder into restricted shares of common stock. The conversion price per share is 50% of the market price of our common stock on the date of conversion. For example, if the market price of the common stock is $1.00, for each $0.50 of debt converted, the holder will receive one restricted share of common stock."
http://www.otcmarkets.com/stock/CXLT/financials
I cannot reply as I am restricted to 1 post a day.
Is Wrongturn also Etchasketch??
Just for sh%ts and giggles check out this thread about PennyWorldstocks. Posters were on to him long before us lol
slumz.boxden.com/f247/etchasketchs-2010-stock-picks-1326749/
Upon further investigation....
I found this youtube video for pennyworldstocks:
www.youtube.com/pennyworldstocks#p/a/u/1/ZT1rski4e2Q
If you notice down in the corner the video has the logo for Base Creative Media which is operated by Akin Adebowale.
www.baseofficial.com
www.baseofficial.com/2009/12/31/motion-pws-promo/
Interesting that Pennyclinchers and Pennyworldstocks were both registered to DoughRaeMe@gmail.com on the same server under different names...
That could cost him another 7 years...
"SEC. 4. AMENDMENT TO TITLE 18, UNITED STATES CODE.
(a) Sentencing Enhancement- Section 3559 of title 18, United States Code, is amended by adding at the end the following:
`(f)(1) If a defendant being prosecuted for a felony offense (other than offense of which an element is the false registration of a domain name) knowingly falsely registers a domain name and knowingly uses that domain name in the course of that offense, the maximum imprisonment otherwise provided by law for that offense shall be doubled or increased by 7 years, whichever is less."
http://rs9.loc.gov/cgi-bin/query/z?c108:H.R.3754.RH:
Another 'Wrongturn' alias?
I did a quick search with the email address and came up with this:
domain: pennyworldstocks.com
created: 16-Dec-2009
last-changed: 17-Dec-2010
registration-expiration: 16-Dec-2011
nserver: ns57.1and1.com 74.208.2.9
nserver: ns58.1and1.com 74.208.3.8
status: CLIENT-TRANSFER-PROHIBITED
registrant-firstname: Akin
registrant-lastname: Adebowale
registrant-street1: SW Morrison St
registrant-pcode: 97205
registrant-state: OR
registrant-city: Portland
registrant-ccode: US
registrant-phone: +1.5035442324
registrant-email: doughraeme@gmail.com
admin-c-firstname: Akin
admin-c-lastname: Adebowale
admin-c-street1: SW Morrison St
admin-c-pcode: 97205
admin-c-state: OR
admin-c-city: Portland
admin-c-ccode: US
admin-c-phone: +1.5035442324
admin-c-email: doughraeme@gmail.com
Same email contact and server
I'm sure more will be exposed after an investigation. My question is:
If he was loading 300-400 million shares wouldn't he be required to submit a Schedule 13(d) for such a large percentage of the o/s?
"Schedule 13D is an SEC filing that must be submitted to the US Securities and Exchange Commission within 10 days, by anyone who acquires beneficial ownership of more than 5% of any class of publicly-traded securities in a public company."
13D filings allow the investing public to see who a public company's large shareholders are and, perhaps more importantly, why they have an interest in the company."
en.wikipedia.org/wiki/Schedule_13d
I don't know if there is some kind of required timeframe in this case. I have seen several other 'alerters' that state they have bought up 'half the float' but have never seen a Schedule 13(d) even 10 business days after the statement. If they quickly dump their shares are they not required to do so? I noticed in the 'chat room' transcript that he mentioned he couldn't buy anymore without filling out paperwork but also said he was continuing to buy.
If he had bought 5% or more of the o/s (roughly 40mm) on or before May 16th when it was down in the tripz he would have had 10 business days to file a Schedule 13(d) which would have been at the latest by May 27th. I would believe if that Schedule 13(d) was properly filed things may have gone quite differently on June 2nd. I don't buy volume like that so I'm not too familiar with the regulations. I know this was a scam but I would like to know for future reference. Thanx
STHG=MULTIBAGGER!
If you haven't checked it out give it a once over tonight. This one is going to run big in the next few days!
A/S is MAXED OUT! Tons of VOLUME over the last week or 2. Rumors that NEWS is coming very soon!
Great board, El Jefe! GLTY
Thanx for the link schmedro. Unfortunately, the article is practically the same info as the website verbatim. Nothing new but it's good to see the name is getting around and hopefully finding some interest.
It's also interesting to see that the article put 2+2 together before the company has announced the r/m or has any filings indicating what their new business model is.
I don't know where you get your information but you clearly have an agenda here. You would be the first in my ignore list if you were not touting ridiculous numbers that should be corrected.
First off, as indicated by Item VI of the disclosure, the authorized 'preferred' shares were cut in half from 40mm to 20mm. This may not mean much to the commons but does indicate the share structure has been amended and a/s has not increased.
As for Joe Caywood, his shares were 92mm and change as of May 4,2011 and should be roughly 92k after the r/s. The second 92mm(and change) referred to in Item XI of the disclosure is simply Mr. Caywood's shares tallied as a 'Group' which will be the same 92k. Since you are one for confirmation, this can be verified by simple math:
225k(o/s) -92k(Caywood's shares) = 133k the approximate number of the free trading shares(float) indicated in Item VI of the disclosure.
Making up numbers out of thin air (185mm between Caywood and the board???) does not help your case. This leaves roughly 459,775,000 shares left to do what they feel necessary which obviously could be diluting.
I believe you said...
As many times as this could have been flipped you guys should just about have the float locked up with free shares now :P
Pacific Stock Transfer Company
702-361-3033
I'm sure you all would like to confirm this number so feel free...Its in the new filings for May 25th that no one mentioned
www.otcmarkets.com/stock/SRPX/financials
I would post the share structure but don't want to 'mislead' anyone with my unconfirmed information lol
I can only imagine what the SS is now...
A week ago they did 3 PRs in one day, now they're reissuing PRs. Doesn't look good
The market cap at the moment is only around $2.5mm so I would think they have a little room to dilute and still see the SP rise. I think it's strange they filed an 8K for a change of address and nothing else since November. According to the PRs they have made close to that in revenues already and have other contracts in place. If they had a filing confirming these numbers the SP should reflect that.
My guess is the PR blitz is for dilution. Look at the SS from Jan 20 it was 129mm. On OTCMarkets it shows 137mm end of March and now up to 183mm confirmed by the T/A. Float changed from 18mm to 60mm. Thats dilution IMO
Splits are usually governed by the company's bylaws. As long as they have 50.1% of shareholder approval (which in this case is Joe Caywood) and file correctly with FINRA, they can split as often as they like. I think a 1:10 split would have been less detrimental but I don't know their future plans or why they would have done such a large split. They are going to have to put on one hell of a good show now to draw any interest IMO and effecting another split anytime in the near future would basically defeat any chances this company has.
I think it has good potential,several positive factors here but after this who knows.
Last time I looked .0025 is under $1. Did they change the decimal system in the last few minutes??
Well now it's officially confirmed. I wouldn't be surprised to see trip 0s today. Probably won't trade again for atleast a week. I'll buy more then hopefully under $1. GLTY
R/S now up on the daily list
www.otcbb.com/asp/dailylist_detail.asp?d=05/19/2011&mkt_ctg=NON-OTCBB
...And the equipment will become a huge asset adding value to the company :)
I received a reply from JR and I appreciate his consent to post so everyone can view the same direct information.
From: "J.R. Munoz" <jrmun@msn.com>
To: 'myemail'@yahoo.com
1.Is the 26 acre facility and all necessary equipment fully paid for? The facility itself is paid for in full but the equipment is not. Financing agreements to be disclosed soon.
2.Does SIWS have any outstanding debt? Roughly 200,000
3.When will the facility in Ensanada be operational(website says 'Q1-2011')? Operational within 60 days. Fully operational Q1 2012
John R. Munoz
South Bay Holdings
24328 Vermont Ave #300
Harbor City, Ca. 90710
Office: (310)-891-1959
Cell: (310)-437-9822
Fax: (310)-997-1484
This is a rather confusing company. Where did the 'exploration funds' come from? The PR and the 8K spelled out the debenture which is a loan from Alain Champagne to cover the debt owed to Alain Champagne, correct? It does not mention the $300,000 for exploration but does indicate they are using a historical airborne survey so does that represent part of the $300,000?
I don't think the company is 'up to no good'. I think they are up to their 'own good'. Companies don't go public to make you or I rich, they go public to put your investment to work which ideally would benefit both parties.
I would think the r/s is to set the share price higher, therefore making funding more practical. At the current share price, if the company wanted to raise $500,000 they would have to issue over 217,000,000 new shares. That would just about eat up the a/s for a rather small amount. If they r/s the SP would be at $2.30 and they would only have to issue 217,000 shares which to me sounds more practical. If they had all the money they needed they would not have to go public. I'm sure they will be raising capital one way or another but that doesn't necessarily mean you have lost your investment. Who knows, they could issue shares at $10 a pop through PP. If the projected revs are even close I wouldn't be surprised. They could raise all the capital they need for this project and have plenty of a/s left for future projects.
I agree. This isn't another quick flip. I think the PR may have been to help them get shares they needed but it also saved alot of grief later down the road. STDF was up 1000% the day this was discovered and who knows where it would be now. What would happen if the r/s went through with no notification? This thing would have dropped like a hot potato and anything you'd of sunk into it in the past weeks would be lost as well. Atleast it has stayed low.
Some are mad that news hasn't hit the wires but what are you expecting to see?..the r/s is cancelled?..I don't think it's going to happen. I know what IR has told me and I have shared that here. I don't think anyone is 'lying' or being shady. On the contrary, they have filed the disclosures to get Current and I'm sure things will be much more transparent at that point. It may be after the r/s but that is the risk we all are taking. This is one of the few stocks where you know what's coming, you know what to expect and people still complain and get it twisted.
Ditto here! lol
I am involved in 2 r/splits right now. One was on the 4th and another today. I can say it doesn't look good for either company so maybe 3rd time's the charm? :)
Thanx for putting that into perspective for me. I can be rather skeptical when I see large shareholders involved in this manner but it never hurts to be skeptical with OTC stocks. They often look very lucrative but there is always that one piece of the puzzle that doesn't quite fit. I have no need to sell to pay the rent lol so I'll continue doing research. Thanx for the link also, very informative.
You seem to be the guy in the know...What was done to fulfill the agreement as today was the deadline? When will the shares of 'Alain Champagne and parties' be eligible for the restriction to be lifted? It appears they were issued on Dec 2 and Dec 7 and according to Rule 144 that day is coming.
I was simply asking a question as it seems he is running the show now and as 'the SELLER' and the 'associate' I would think it is a conflict. I'm not saying his involvement is a bad thing, just curious as to the way this thing is evolving. Perhaps thats just my twisted view of the situation and maybe a filing or PR would clear that up.