FNMA ... Money in the bank
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Uummmm not to be negative but it's pretty common for stocks to tank after an IPO, granted this is an uplisting but it has similar traits. First off, what other company has only 3 million shares?
2nd, what company has there authorized share over 25x the outstanding amount.
3rd, this company stated it needs more dilution for capital in recent filing.
4th , it will be a miracle to see even a dollar of profit this next quarterly report.
What is a SFTD
I think it will remain about even and remain steady, possibly bounce around a bit.
I think the main reason for that is because those who felt negative about the stock most likely have already sold their shares
But what do i know,
the next few months will be nothing but a continuation of dilution.
yeah true but the fact is the 100,000,000 authorized shares will be in place, just too risky for me right now
I sold my million + shares at 1.1 to 1.2 cents
I currently have no position but I am looking for a good entry .1 that is not as risky is now
The Board and the Majority Stockholders have approved an amendment to our Articles of Incorporation to effect an increase in our authorized shares of Common Stock from 3,846,153 (post Reverse Stock Split) to 100,000,000.
Taken directly from filing
Please don't post incorrect information
someone feel free to post the terms of the 20 million dollar agreement
company promised dilution in the filing.
3,846,153 shares of authorized Common Stock after the Reverse Stock Split, which would be significantly less than the Board believes will be necessary for the Company to engage in future capital stock transactions.
If MP is in such a great condition why in the hell is the authorized shares 100,000,000 .... Wilmerke has been wrong since he started posting, check his history
please point me to the page where you mentioned this 20,000,000
3,846,153 shares of authorized Common Stock after the Reverse Stock Split, which would be "significantly less than the Board believes will be necessary" for the Company to engage in future capital stock transactions.
Read the above slowly,u can hear the word dilution being played over and over
this is saying they will need a lot more of shares than this hence the 100,000,000 authorized
it will be years before they get on the Nasdaq look at the requirements
another scary part is all the warrants that were issued about 1 year ago, I'm guessing they had a 1 year maturity n soon will be sold directly into the market
I wonder what will happen.
Companies that gave cash for warrants a year ago probably took a bigger hit then me.
Haha ok, I'm interested to see how quickly they issue warrants and dilute. I think by Nov 15 we will see about 40 to 50 million outstanding
what page of the filing is this on
there are various Ways to get on NASDAQ.
okay thank you I've just been studying economics and feel like my mind is partially gone right now.
I agree the authorized shares of 100,000,000 is a complete slap in the face. and they said they would need more shares to continue Regarding the outstanding amount
Read this
3,846,153 shares of authorized Common Stock after the Reverse Stock Split, which would be significantly less than the Board believes will be necessary for the Company to engage in future capital stock transactions.
this is saying they will need a lot more of shares than this hence the 100,000,000 authorized
they are basically saying they're going to Dilute more after the reverse split, am i wrong?
I'm confused are people happy about this
only 3,846,153 shares of authorized Common Stock after the Reverse Stock Split, which would be significantly less than the Board believes will be necessary for the Company to engage in future capital stock transactions. The Board believes that authorizing 100 million shares of Common Stock will allow the Company to issue such shares from time to time
Fuse Science, Inc. Announces Launch of Drop Technology; Dick's Sporting Goods to Lead Retail Distribution
Was the lawsuit with this company dropped?
Companies announcing false profits to deceive investors while diluting stock..... Grounds for lawsuit.
1. Companies intent to deceive
2. Investors relied on manipulated information.
3.investors suffered damages.
I know a person who has years of experience dealing with accounting fraud and public companies. he now teaches at university. I can find out more of his knowledge when i speak to him in person next week
look at it is past posts. he has been nothing but wrong
Wilmerke works out at MP sponsored gym Westside barbell....
look at all of his posts he is completely wrong
http://finance.yahoo.com/q/h?s=MNST&t=2012-09-18
Here is 2 on September 12
And you're welcome, best of luck
Please look at September and early October....there are about 6
could you post end of day L2 quotes please
Same here
Count me in. Monster energy is getting sued by shareholders
The TCA agreement was terminated.
The TCA agreement was not terminated.
Hmmmm... musta been 2 agreements with TCA.....yep look back at both 8k filings both on July 20th
Yep, if A/S is maxed at 2.5 billion, market cap is 12.5 million, then TCA_they own 16 percent
. The purchase price of the Shares under the Equity Agreement is equal to ninety-five percent (95%) of the lowest daily volume weighted average price of the Company?s common stock during the five (5) consecutive trading days after the Company delivers to TCA an Advance notice in writing...........
My guess it is the last 5 trading days
2 million/ .006
= 333 million shares
I low balled it when i said 300
www.mmdnewswire.com/tca-global-credit-master-121033.html
Look at July 20 8k
If TCA gives the 2 million according to agreement they get about 300 million shares which is over A/S limit. maybe tomorrow or the next day we will see 8k about expanding authorized shares
this is the 1 that didn't get terminated
Entry into a Material Definitive Agreement.
On July 13, 2012, MusclePharm Corporation (the ?Company?) finalized a committed equity facility (the ?Equity Facility?) with TCA Global Credit Master Fund, LP, a Cayman Islands limited partnership (?TCA?), whereby the parties entered into (i) a committed equity facility agreement (the ?Equity Agreement?) and (ii) a registration rights agreement (the ?Registration Rights Agreement?).
Committed Equity Facility Agreement
On July 13, 2012, the Company entered into the Equity Agreement with TCA. Pursuant to the terms of the Equity Agreement, for a period of twenty-four (24) months commencing on the effective date of the Registration Statement (as defined herein), TCA shall commit to purchase up to three million dollars ($3,000,000) of the Company?s common stock, par value $0.001 per share (the ?Shares?), pursuant to Advances (as defined below), covering the Registrable Securities (as defined below). The purchase price of the Shares under the Equity Agreement is equal to ninety-five percent (95%) of the lowest daily volume weighted average price of the Company?s common stock during the five (5) consecutive trading days after the Company delivers to TCA an Advance notice in writing...........
okay I think I figured out there were two agreements for
TCA agreement was terminated, what is this
Did the 8k mention anything about profitability? All i noticed was the salary increases which deemed large
I used to own shares but currently don't, just looking for reentry point. do you believe today's low price per share was because of dilution or because of just people being scared
Haven't started one funded by the public :) out of curiosity how many years does a company get to be considered a start up company