Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
IMO we get the 10K before the conference on Thursday Good news in that and we spike up!
Yes was on See Thru Equity site this morning list last updated
Preliminary List as of September 22, 2015.
NITE only showing 200K now & if the numbers are real we are super thin to CANT at .006?
Mind games this morning in HPTG Land, CANT back up showiing 11781400 again .006? Smoke and mirrors!
NITE now showing 5 mil?
I noticed this morning that the 11 mil shares CANT was showing Friday has now become 213000?
Someone needed some Beer$$Money?
Good morning and its going to be a very exciting week for HPTG! Lets get this party started:)
COPPER CATALYST!
QUOTE
" cant wait to see what the company has in store for us"
Thanks MADDSTAKER just sharing the knowledge. Another thing I have learned the quality of the posters & posts says a lot about the ticker! We have a great core here passing the knowledge and this is going to be epic! Glad to be a part of this excitement:) GLTA
Going to be a Huge Week! Good Morning HPTG!
Quote:
"SEE THROUGH EQUITY = $$$$$$$$$$$
HPTG is gonna anounce something HUGGGGEEEEE HERE!!!!!!!!!!!"
SeeThruEquity Corporate Access is focused on providing issuers with access to institutional and sophisticated investors. We do this by hosting investor conferences and forums throughout the year in order to provide corporate issuers the opportunity to present their company to investors seeking compelling value/growth ideas.
High Quality Audience. We attract institutional and sophisticated high-net worth audience to all of our events
Presenting companies pay a fee $6500 in order to present at the respective conferences and forums.
Upcoming Events
November 12, 2015
Microcap Investor Forum
Convene Grand Central
New York City
This fall we are expecting over 40 presenting companies and over 400 microcap focused investors, sponsors, and industry professionals, to our one day event.
... Inc. (OTCQB: HPTG) at the SeeThruEquity MicroCap Investor Conference 2014 in New York ...
IMO THE REASON WE HAVE NOT GOT A PR IS WE CAN EXPECT THEM TO ANNOUNCE MAJOR NEWS AT SEE THRU EQUITY FOR GREATER IMPACT?
#8 NOW ON THE BREAKOUT:)
10q DURING THE WEEK AND WHAT BETTER PLACE TO ANNOUNCE MAJOR NEWS THAN SEE THRU EQUITY EXPOSURE EVENT???
Keep your eyes on the HPTG prize!
If you look at chronology of fund raising events (3) VERY RECENT its obvious they have something huge in the pipeline IMO. This should be in to 10Q and it should tell us what this money is for? THE OTHER 2 FUNDING EVENTS ARE OUTSIDE THE 10Q timeline?
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): September 30, 2015
Item 1.01
Entry into a Material Definitive Agreement.
Hydrophi Technologies Group, Inc. (the “ Company ” ) entered into three securities purchase agreements (the “ Purchase Agreements ”) with two separate accredited investors (the “ Investors ”), on August 14, 2015, August 18, 2015 (collectively, the “ August Purchase Agreements ”), and September 30, 2015 (the “ September Purchase Agreement ”, together with the August Purchase Agreements, the “ Purchase Agreements ”). Pursuant to the August Purchase Agreements, the Investors each purchased separately from the Company convertible notes in the aggregate principle amount of $205,555.56 (the “ August Notes” ), for the cash purchase amount of $185,000.00. Pursuant to the September Purchase Agreement, one of the Investors purchased an additional convertible note from the Company in the aggregate principle amount of $28,888.89 (the “ September Note ”, together with the August Notes, the “ Notes ”), for a cash purchase amount of $26,000. The Notes will mature, one year after their making, in August 2016 and September 2016, respectively, and each bears interest at 8% per annum.
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): October 15, 2015
Item 1.01
Entry into a Material Definitive Agreement.
Hydrophi Technologies Group, Inc. (the “ Company ” ) entered into a securities purchase agreement (the “ Purchase Agreement ”) with three separate accredited investors (the “ Investors ”) on October 15, 2015 (the “ Purchase Agreement ”). Pursuant to the Purchase Agreement, the Investors each purchased separately from the Company convertible notes in the aggregate principle amount of $72,222.22 (the “ Notes” ), for the cash purchase amount of $65,000.00. The Notes will mature, one year after their making, in October 2016 and each bears interest at 8% per annum. Further pursuant to the Purchase Agreement, the Company and the Investors agree that in the future, the Investors may, but shall have no obligation to, purchase from the Company, in their sole and absolute discretion, additional Notes in the aggregate principal amount of up to $155,555.56 for a purchase price of up to $140,000, in such amounts and on such dates as the Company and the Investors may agree.
IMO they did not raise as much money as needed with the Private Equity Rounds and the 2 Insiders step up with the additional funds of $950,442
Lots of money raised for what? And now HPTG is off this coming week See Thru Equity with 10Q coming out & huge Investor Exposure at See Thru to raise more money for WHAT? IMO all this sequence of events leads to Huge Gigantic News!
The 0ne Shot is to be expected as it was 2 Insiders that put up all the cash> Best Bullish Statement you can get from a Company
3. Related Persons
Last Name First Name Middle Name
Slotkin Roger M.
Street Address 1 Street Address 2
3404 Oakcliff Road, Suite C6
City State/Province/Country ZIP/Postal Code
Doraville GEORGIA 30340
Relationship: x Executive Officer x Director o Promoter
Clarification of Response (if Necessary)
Last Name First Name Middle Name
Robinson Mark
Street Address 1 Street Address 2
3404 Oakcliff Road, Suite C6
City State/Province/Country ZIP/Postal Code
Doraville GEORGIA 30340
Relationship: o Executive Officer x Director o Promoter
Clarification of Response (if Necessary)
Last Name First Name Middle Name
Meyer Reid
Street Address 1 Street Address 2
3404 Oakcliff Road, Suit C6
City State/Province/Country ZIP/Postal Code
Doraville GEORGIA 30340
Relationship: o Executive Officer x Director o Promoter
Clarification of Response (if Necessary)
Ok I'm aware of that Form D filing but did not read it as the money was raised to pay down debt? The money raised from insiders created a debt obligation for HPTG in the form of a conversion to the insiders who put up $950,442
x Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security
They have not yet disclosed what the money is to be used for and the filing states:
10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? Yes x No
damizo Saturday, 11/07/15 07:45:59 PM
Re: TheTradingNinja post# 7750
Do you think the debt was bought in order to close a partnership deal? Just a thought going through my head.
I FEEL LIKE I MISSED SOMETHING HELP ME OUT HERE "WHO BOUGHT WHAT DEBT?"
Yes this is an awesome setup to copper. What we are all looking for in an OTCQB? Lots of room to run:)
Lots of new eyes on this one next week. Should get real exciting! (More Exciting)
Climbing the Breakout Board at #19
Good one our new motto
Pure Organic Growth on Technicals. Chart is a sight to behold!
Yes HPTG will pass every DD test you put on it! And the chart is a beautiful site to behold:)
Wouldn't take much posting for us to be in the top 20 on the breakout board Monday Morning!
Yes I had my doubts that the 11 mil CANT is showing is real?
Yes its a beautiful thing when magic happens!
I'm still trying to wrap my mind around a day when 50% of the float changes hands!
This little flurry of activity on HPTG got us on the breakout board today!
Absolutely looking like a text book setup running to copper!
PPS has been moving on air & technical's alone> some real news and IMO we hit .03+ before Thanksgiving:)
I'm with you on that .01 sooner than later! We have some exciting things happenning this coming week!
This 27-Year-Old Made Millions Riding the Death Spirals of Penny Stocks
Check this article out as Magna (Sasson) is one of the note holders he is also the 31 Group. You will see him all over the Pinks with conversions!
http://www.bloomberg.com/news/articles/2015-03-12/josh-sason-made-millions-from-penny-stock-financing
No notes hitting this year & you can review notes in last 10Q with those converting in 2016 at various times, but this is my favorite:
If the price per share is below .15
On June 17, 2015, the Company entered into securities purchase agreements with Magna Equities II, LLC and Riverside Merchant Partners, LLC. Pursuant to the agreements, Magna Equities II, LLC and Riverside Merchant Partners, LLC each purchased separately from the Company a convertible note of the Company in the principle amount of $35,000, for $32,500 cash. Each note matures on June 17, 2016 and bears interest at 8% per annum.
The Company analyzed these convertible notes for derivative accounting consideration under FASB ASC 470 and determined that the embedded conversion feature qualified for accounting treatment as a financial derivative. Derivative value of $220,322 was recorded as debt discount on the note issuance dates. The discount is amortized by the Company through interest expense over the life of the notes.
If the price per share is below .15
The notes issued during the three months ended June 30, 2015 are convertible at any time during the period after 179 days after the issuance date at a price of $0.15 per share. If, 180 days after the issuance of the notes, market price of the Company’s common stock is below $0.15 per share, the Company will have 30 days to repay the notes. After 30 days, the note is convertible at 80% of the lowest trading price in 10 trading days prior to the conversion date.
I'm sure we see it before See Thru Equity conference on Thursday of next week. They are going to want to have everything in place for that Investors Pitch! They PR'd their attendance last year for this event so if nothing else it would be nice for them to do the same this year?
Hey thats not nice I like Bee$$Money:)
Yes, that is as close to insider information as you can get without breaking the law! All you have to do is read between the obvious lines and buy,buy buy!
You have one too many zero's in your prediction!
Let the board know if we can help with the DD in any way? Lots has been accumulated here!
Still be a great buy on Monday. Nothing but up from here!
We went to .03+ last run up! Super low float getting locked and loaded!