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Yes it just comes down to when HPTG takes off? They have so much news to report!
Trailer leasing & TRUCK SALES
COMING SOON?
Pro Star Freight Systems Inc.
Was just showing a co-worker the Pro Star site and did not remember this being on there before?
He ended up slapping the ASK for 165K! No Brainer here at HPTG!
Great Post wilma Apprciate the effort you put into that! TALK is the stock to own!
Yes and I have the exact same senario going on with WALK RM. It's so similar it's scary right down to the chart! Waiting on audited Financials there also?
GMTA:) Man those long weekends are tuff! But here we are looking forward to a great trading week for $$$HPTG$$$. Also Looking forward to some good reading material soon?
Ok agreed TALK showing a Loss of ($1,363,373)but that is not by any stretch a large sum of money? Even for a company the size of TALK.
In 2002 AOL Time Warner lost $98.7 Billion
In 2008 AIG lost $99.3 Billion
In 2009 Fannie Mae lost $74.4 Billion
In 2007 General Motors lost $38.7 Billion
In 2008 CitiGroup lost $27.68 Billion
Do you know what they all have in common beside these gigantic Losses??
They are all still in business!
Agreed! The TALK success story is all in the DD. The Financials will just be icing on the Sweet TALK cake!
110% Totally agree that the HPTG Chart is text book Breakout! Going to be a great week for HPTG!
THE COILED SPRING:) TALK is ready to Spring Upward!
Characteristics:
This is sometimes known as a bull flag or bull pennant setup and sometimes as a symmetrical triangle pattern, depending on the shape of the coiled spring. The premise of the coiled spring is that after a strong run-up, a strong stock likes to take a breather as it consolidates the ramp-up in price. A weak stock will sell off, giving back much of its gains. But a strong stock likes to coil up in a sideways movement. As it does so, price tends to trend inside an ever tighter range the spring coils up tighter and tighter until shares are ready to climb again. When the coil finally springs open, it usually does so with a delightfully profitable burst of upward momentum.
Yea Like old Gump said MDCN is like a box of chocolate. You never know what your going to get or when you are goint to get it!
Microcap Upgrades on iTalk (TALK)
By: staff reporter, John Bodger
(NEW YORK)--Below are a few low priced micro-cap stocks hitting upgrade and downgrade radars based on news.
In late Sept. 2015, iTalk Inc. (OTCQB: TALK), a global provider of advanced communications and mobile broadband services, announced that it had executed a Purchase and Sale Agreement to acquire United Mobile Solutions Corp. (“UMS”).
UMS, with $16 million in annual revenue, is a value added master dealer distributor, dedicated wireless equipment distributor and service provider with a device distribution network of sub-dealers – including kiosks, stores and franchised outlets. Through its value added approach, UMS’s sub-dealer network has quickly expanded to over 1,600 outlets across the Southeastern United States. UMS is a holding company with several subsidiaries:, International Touch Point, LLC (“ITP”), United Prepaid, LLC (“United Prepaid”) and United Mobile Solutions, LLC d/b/a CPD MOBILE. ITP was formed in 2014 to provide refurbishment and quality control operation in Dallas, TX.
Word is that this new merger has now been finalized, and thus has provided TALK stock with a new valuation model. Ludlow Research made note that it still remains to be seen how much shares were needed to close any such merger, but with just 1.8 billion shares outstanding as of August 2015, the prospects for TALK have grown, and thus has made it to the research firms recommend watch list.
About iTalk
iTalk is a mobile communications company using innovative and disruptive technologies to offer consumers a high quality cellular alternative while severely undercutting all major national carriers. Our lead product is the iTalk Sleeve, which when combined with an iPod Touch, our iTalk mobile app, and our aggressive pricing plans, provides consumers with a No Contract, High Voice Quality, and Lowest Price in the industry alternative to traditional cellular coverage. We will continue to search out and develop innovate products and services that will reduce consumers’ monthly voice and data charges while providing them with additional functionality. Through our access to an extensive network, we are able to offer nationwide voice and data coverage to 280 million people in more than 12,900 cities.
Agreed the financials and SEC filing are late? But I have made an informed investment decision based on my DD and I'm buying as much as I can get and will look forward to the Financials when we get them. I cannot prove to you today that the sun will rise tomorrow but I'm 100% certain that it will! I have seen this set up time and time again! And TALK is awesome!
I'm sure the Audit of UMS, it's related subsidiaries and TALK was a monumental task for a new auditing firm D. Brooks and Associates. TALK has a vested interest in getting the required filings out as quickly as possible. But getting it wrong is far more serious than filing Sec Forms late?
The PCAOB is a private, nonprofit corporation charged with bringing a halt to the financial shenanigans on the part of corporate chief financial officers (CFOs) and chief executive officers (CEOs).
The real issue, As part of this effort, PCAOB requires CFOs and CEOs to attest to the correctness of their companies’ financial statements. The teeth in this attestation is that the CEOs and CFOs are now subject to criminal penalties for incorrect financial statement representation.
So I'm absolutely certain they would delay filings until it is absolutely 100% correct.
Who oversees the PCAOB watchdog? The Securities and Exchange Commission (SEC) is charged with this task. The SEC’s mission is to make sure publicly traded companies tell the truth about their businesses and treat investors in a fair fashion by putting the needs of the investors before those of the company.
Public companies are subject to not only Sarbanes-Oxley but to other reporting and accounting rules established by the Securities Exchange Acts of 1933 and 1934. The Securities and Exchange Commission (SEC) can conduct an investigation of potential wrongdoing or violations. Both civil and criminal actions are possible for SEC accounting fraud.
While false accounting fraud cases involving public companies are often the most vigorously prosecuted because they make headlines and shareholders may suffer losses, any type of dishonest accounting can lead to fraud charges. This includes financial statement fraud and false accounting fraud for small privately held companies and even fraud involving individuals.
Consequences of Fraud in Accounting
The consequences of accounting fraud vary depending upon the type of allegedly fraudulent behavior. Potential criminal charges you could face include:
•Attempt to evade or defeat taxes. (26 U.S. Code Section 7201).
•A willful failure to pay or collect taxes (26 U.S. Code Section 7202)
•A willful failure to provide information, file a return, and/or pay taxes (26 U.S. Code Section 7203)
•Making fraudulent statements to employees or failing to furnish a statement to employees (26 U.S. Code Section 7204)
•Willfully making any statement, producing any document, or making any statement under penalty of perjury that you do not believe is true. (26 U.S. Code Section 7206)
•Willfully assisting, advising on or counseling on the filings of false returns, affidavits, or claims in connection with any matter arising under the Internal Revenue Code (26 U.S. Code Section 7206)
•Violating securities fraud laws (18 U.S. Code Section 3301).
•Securities and commodities fraud (18 U.S. Code Section 1348).
•Violations of Sarbanes Oxley including altering documents and defrauding shareholders of publicly traded companies.
The New York State Society of CPAs provides a comprehensive summary of penalties under Sarbanes-Oxley including up to 10 years in prison and a $1,00,000,000 fine for a CEO who recklessly violates his certification of company financial statements.
https://www.nyccriminallawyer.com/fraud-charge/accounting-fraud/
TALK support order fulfillment for a network of more than 1,600 independent sub-dealers …
Any HPTG is a good score, get what you can get when you can get it! $$$HPTG$$$
We are a small company TALK with tremendous revenue growth in a fast-paced environment. As we come upon the new year and tax season 2015, we are looking for an additional mid-to-senior level team member to supplement an existing team of 5 to provide his/her expertise in our Norcross, GA operations warehouse.
Agreed and those shares will end up in stonger hands!
My guess is not having the 8KA this week is the reason we got a sell off today? No patients!
Yes it was right before the Jan. 6th & 13th PR. And right between those dates was the 8K for
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
On December 31, 2015, the Board of Directors of Hydrophi Technologies Group, Inc., a Florida corporation (the “Company”), adopted the 31st day of December of each year as the Company’s fiscal year end. The Company will file a report covering the transition period on Form 10-K.
Ok agreed TALK showing a Loss of ($1,363,373)but that is not by any stretch a large sum of money? Even for a company the size of TALK.
In 2002 AOL Time Warner lost $98.7 Billion
In 2008 AIG lost $99.3 Billion
In 2009 Fannie Mae lost $74.4 Billion
In 2007 General Motors lost $38.7 Billion
In 2008 CitiGroup lost $27.68 Billion
Do you know what they all have in common??
They are still in business!
https://en.wikipedia.org/wiki/List_of_largest_corporate_profits_and_losses
Have not e-mailed Roger recently. Last time I had a question for him his reply was "Keep your eyes to the news!"
Agreed and that was my point not that late but due and I think we see it next week also!Soooo looking forward the current numbers $$$HPTG$$$?
The 8KA is a filing obligation and therefore cannot be inconsequential?
HPTG Financials Due When?
By my calculations we should have seen the Financials last week? My count from the date of this 8-K if that’s when the clock starts is 78 days today?
HPTG
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 23, 2015
Item 1.01. Entry into a Material Definitive Agreement.
Stock Purchase Agreement
On November 23, 2015, Hydrophi Technologies Group, Inc., a Florida corporation (the “Company”, “we,” “us,” or “our”) entered into a Stock Purchase Agreement (the “Purchase Agreement”), whereby the Company purchased, all of the outstanding stock of each of Pro Star Freight Systems Inc. and Pro Star Truck Center Inc. (collectively, “Pro Star”). The Pro Star Purchase Agreement is an attempt to preserve and enhance shareholder value in light of ongoing challenges in the execution of the Company’s business mission to bring hydrogen on demand technology to older, mechanical injection vehicles. Pro Star had unaudited management reported 2014 revenue of $27.3 million with net income of $660,000.
Item 9.01. Financial Statements and Exhibits
(b)
Unaudited Pro Forma Financial Information
The required pro forma financial information for the transaction described in Item 1.01 above will be filed under cover of a Form 8-K/A no later than 71 days after the date on which this Current Report on Form 8-K is required to be filed.
??The financial statements of an acquired business (Item 9.01) must be filed no later than 71 calendar days after the date that the initial report on Form 8-K must be filed (four business days plus 71 calendar days).
http://media.mofo.com/files/Uploads/Images/FAQ-Form-8-K.pdf
Agreed have a great weekend all! Look forward to what next week brings us!!
HPTG held strong against the selling. Strong hold at this level!
Yes but no takers at 11 since 11:42 this morning when I took a screen shot?
I see the talk BID has not changed a bit? 2 1000 share sold in last 2 hrs!
I'm going to follow the expansion of CPD in Houston and will keep the board informed of the progress!
Please show us in the filings of TALK where you find the Toxic Note Holders
I'm in the Houston area and they have recently opened 3 stores in the 4th largest city in US population 2,239,000 and growing. CPD will be huge in this market!
Man I was just in another coiled spring stock (text book) and it was like a rocket launch defying gravity when the trigger went off!!! $$$TALK$$$
Nice steady accumulation and we keep slowly moving north!
TALK +750%
YTD 1Yr 3mths
TALK 750.00% 183.33% 30.77%
GMTA I'm sure 2015 Fin's will be very impressive! Even a blind squirrel could find this Golden Acorn. This smells like lots Beer$$Money!
Ditto & GMTA! Hope to see a repeat of yesterdays climb today to copper. Great news coming our way soon! $$$HPTG$$$
Ok they are going to have to get past us Bulls!
#1 Most Read I will be buying a lot more shares of TALK tomorrow!
Appreciate you King Congo and respect what you are saying. Loading when I can also:) I'm going to look back thru the posts from the weekend but I remember someone posting about news soon on another acquisition?
TALK is Getting TALKED UP! #1 Most Read