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Just need to get through .065. EOM
Hey Bruce,
Either way I'd like to thank them. They allowed me to get in at .02, which my buddy down the hall who likes charting said was the perfect price to enter at.
Got your PM. Qatar is the answer :)
Bench
We have this to look forward to tomorrow:
"The Company will review an expected doubling of net income in 2009 compared to 2008 in an on-demand Webcast scheduled for Thursday, July 9, 2009."
http://finance.yahoo.com/news/China-Crescent-Enterprises-iw-3703209881.html?x=0&.v=1
Bench
A Gift
IMO .02 was a gift today. I think someone or some entity wanted to sell 500,000 shares badly today. Maybe they needed the cash. Those final shares went off at .0195, and cleared things out. .02 is no longer available to buy at.
Bench
I am looking for .07 at the close. EOM
I used TDA as well. EOM
If it gets by .055 again, I think it will challenge the HOD.
Bench
Anyone know how many shares are left at .02? So far I think 500,000 have been bought/sold at that price.
Bench
PS: Hi Bruce. It's been a while. I have been out of the country.
ULTRA is?????????? You are kidding right?
Where was the pump?
Thanks! I am leaning that way. EOM
Thanks! EOM
Going to leave Scottrade. You guys have any suggestions on a good broker? Ameritrade? ETrade?
TIA,
Bench
I will be hanging. Not much choice at this point....
I saw that too. It led to a good close.
Some follow through tomorrow would be nice.
Bench
QEDC...it looks like the start of a run
Sometimes things can become a self-fulfilling prophecy. Although I agree with you that the company could help us out here.
The 8-K I posted is from February 08. Effective date is January 29th 2008:
http://biz.yahoo.com/e/080204/copi.ob8-k.html
I think they got involved with Cornell:
http://biz.yahoo.com/e/080204/copi.ob8-k.html
I was that last trade at .0045. I put the order in for 100,000 at .0045 and got 5,000 at .0045. Then they moved up the spread and I was never completely filled.
That wasn't a paint job at the end. I tried to buy another 100,000 shares, and they only gave me 5,000.
Anyone have level 2? .19 has been beast today.
CJGH, .19 certainly getting hit. EOM
This one is going to be huge IMO Bruce. EOM
CJGH getting ready to break .19. Should go to .25 if it does IMO.
Bench
I saw a court document that said he lived in California. Maybe that's old?
CLXN .0015 x .0016 PM
CLXN bidding higher in PM .0015 x .0016
IMO good bottom play. Typically stocks rally after the third down day in a row. Today looked like capitualtion to me.
All JMO!
Bench
Here is the 8-K backing up the PR:
http://biz.yahoo.com/e/080424/ivme.ob8-k.html
Shares being given at .05 and .02. Current share price .004.
Bench
Yes, it is Italian :)
From what I can see Joe lives in California, and Mario lives in Louisiana.
IVME .005 x .007
NEWS about financing at .05/share:
IVMD Inc. Announces Fundamental Balance Sheet Restructuring.
Thursday April 24, 8:00 am ET
(OTCBB: IVME; Frankfurt: I7VF)
INVERNESS, Scotland, April 24 /PRNewswire-FirstCall/ - In Veritas announces that it has secured a fundamental balance sheet restructuring leaving it free of all loan note indebtedness, and that it has secured a further equity capital line to enable it to move forward. The Company has been frustrated under the pressure of excessive debt since late 2005.
Medical Diagnostic Innovations Ltd, a UK investment company formed by Mr. Graham Cooper, the Company's Chief Executive Officer, and others to facilitate the restructuring, has entered into agreements to purchase $3,316,324 of the Company's debt (convertible loan notes and other indebtedness to the Company's various loan note holders) and has agreed to convert that debt into shares of the Company's common stock. The balance of the Company's indebtedness under convertible loan notes has been converted into Common stock by those Loan Note holders. All conversions took place at 5 cents per share.
Mr. Cooper has agreed to personally purchase $300,000 of shares in the Company's common stock by way of a private placement at a price of 5 cents per share.
In addition key employees, directors and contractors of the Company have been granted warrants to purchase shares in the Company's common stock in a move designed to secure the commitment and ongoing mutuality of interest between the Company and key people who will be associated with its future success.
This restructuring eliminates liabilities of approximately $5,487,279 from its balance sheet, representing some 68% of the Company's net liabilities reported in its consolidated financial statements at January 31, 2008.
Mr. Cooper, commenting on these important events said:
"I am delighted that after many months of deadlock the Company is now free of its overbearing burden of debt and able to explore its true potential. We now plan to transform the Company into a profitable innovator in the field of point of care medical diagnostics. At last we can concentrate on the business and the substantial commercial opportunities that we have created, rather than internalise around financial complexities".
Martin Thorp, the Chief Financial Officer added:
"Financing the Company by loan notes was never appropriate and was forced upon previous management by extraneous factors. Extricating In Veritas from the complex debt was not easy, but we have now done it and the commercial opportunity ahead is very exciting. I want to mention those of our trade creditors in Scotland, England and the US who have been enormously understanding of In Veritas' problems and greatly supportive of us during the lengthy period over which we have been locked in negotiation with our US loan note holders".
I agree. Last month ASFX was at .11. No reason why it couldn't move back up there again IMO.
If the float is the same, then I would assume that the additional shares were restricted?
.02 has been easy to break, but someone is always slapping some new shares down to sell at .02 after the break. I am hoping this is temporary.
Bench
That was probably used to pay for the radio campaign IMO.
Thanks Josh. I put in a call to Mike Piazza (President?) today. I will let the board know what he says after I speak with him.
Bench
Josh,
Any luck getting ahold of Mr. Evett?
TIA
Bench
I think that is very unlikely.
Nice going. Maybe you will be our turn around catalyst :)