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Very tight hands @ .009's. Won't be long before a "bullish" run.
GO SITS!
Monday should be interesting. We should go back above the penny being that the buy back program is winding down. From the looks of it, the company is using the last bit of money they posted, for the buyback, to purchase the last bit of shares available they need to send this to the next level.
.05 is just around the corner!
Stock Barber, this thing dropped significantly from .019 down to .006. That's when the buyback begun. Remember the company still had like 60 million shares of their own that they could have simply dumped at .01 or better and raised nearly 1 million dollars. Of course they would need many more shares in addition to their 60 million to make alot more money than the nearly 1 million shares using their own shares. It makes alot of since to start a buy back program inorder to regain most of the 250 million A/S in hopes that us shareholders would be willing to sell some of our shares back to them in exchange for a much higher "PPS" than if we held our original number of shares without selling any back to them.
What I'm applying is, once the company has something like 150 million shares or more, that will be more than eneough to send this baby to .05, .10, .15, .20 and millions of dollars in company value which will be more than eneough cash to pay back the 1 million in debt. I'm predicting a market cap of $30 million dollars to $60 million depending on how many shares they are able to buyback.
Once we see press release stating that "MASSIVE INSIDE BUYING" is occuring and the new share structure, this baby may see the whole cent mark(.05-.10-.15-.20).
This won't matter unless the company file the number of shares they bought. Inside buying is huge! All we are working with now is the shortened float. Doesn't seem like alot of difference though.
This should pick up after 12pm. By then the west coast have waken to a nice surprise.
Not without any updates.
Not sure what all the hype is about. Fill me in.
Wow! The float has been reduced by 2million shares. Only 146 million now. was 148 or 149 million last week.
Tight hands here. We may not have to wait for next quarter after all.
How in the heck did we get volume today?
I'm anxious to know just how many shares the company scooped up thus far. I'm sure we will never know til they reached their desirable goal of retrieving eneough shares to take this baby to the next level.
I hope everyone knows the shares bought by the company will soon be almost equal to dollar bills if that makes sense.
Meaning they will soon sell their shares back into the market causing a spike in price per share when they do.
1. shorten the float by, let's say, 68 million shares.
2. leaving the float at the remaining 100million shares belonging to us investors.
3. now the company will have something like 150 million shares of their own which they can resale for higher prices.
4. after the buyback program, the decreased float will cause a spike of about .03-.05.
5. the company can start selling to new investors for higher prices which can easily cause a spike of about .10-.20.
Even while sitting @.0007? I would say 1 billion shares will only be reduced 10:1 at this rate which is not bad at all. That's only if they do decide to split. I'll say simply updating the company should send this thing to the penny mark.
Go IJJP!
All "SITS" needed was for us to surrender half via sell to them to make this thing work.
Our outstanding share count has doubled since yesterday. Now 1.5 billion. Atleast we upgraded to "CURRENT" tier. Maybe another run with some positive updates.
The company definately owns hundreds of millions of shares if not billions of shares. That's where all this volume is coming from. If the investors were unloading all these shares, the "PPS' would have been .0001 by now. When the company unload, a spike occur. Hopefully we see .01 soon.
We have no choice but to hold bags here. What other options do we have? LOL!
I hope this hit .01.
Oh, yes! We just saw .0008. This thing is definately heading upwards.
Go IJJP!
This is the first time since 2or3 years ago we had a close @.0007 or higher. This may be the starting gate for a nice run today.
No I didn't see it. If we close having hit .0008 today, it will be nice.
We need some news.
Yes it has. Why else are the prices dipping under the penny mark? This is the perfect time for the company to begin buying. do you really think they will wait til it goes above a penny or wait to it go back down to .000? They're buying as we speak.
Looks like it won't be as easy for insiders to scoop nearly as many shares as they did Friday. Many tight hands today.
This is the only time i enjoy watching "PPS" drop. I think i know what's going on. The company buys the cheepies and then they file how many shares they bought and then they produce the press release informing us of the new share structure and then we see "PPS" rise.
GO SITS!
I wonder how many shares the company purchased thus far.
It's not unusual for someone who has only been on this board for 11 months to give that warning. Do you even realize we just come off .0001? This thing has seen a steady increase for about 3 months now. No one can give a reason for the spike because the company is keeping a tight lip. There is some kind of indication that something is brewing because our website is under construction. We can't say this thing is a pump and dump because no information is out there and this thing is only trading by the few millions at times, not 100's of millions as a typical dump does.
Well, it was a surprise when this thing went from .0003 to .0007 the other day. It wouldn't be impossible to go from .0006 to .0008 now would it?
If we see .0008 today, I'm sticking around til atleast .005.
If they post one.
I'm not sure what's going on here. I sure hope this crazy dip in pps is due to the company purchasing the cheapies.
I'll wait til it hit .0001(LOL).
I'll wait til it hit .0001(LOL).
When a company hasn't made a claim, there's nothing to complain. We all knew that no information was giving as to the spike in price. I'm sure alot of folks made big money though. No one can rightfully fall surprised by the sudden dip. Who knows? Maybe this is load up time for the next spike.
They will have to update their filings and upgrade to current tier for this to move.
News would be great.
Seems like something is coming. If we break .02 tomorrow, something is definitely coming.
GO SITS!
We may see .005-.009.
Looks like this one is doing an "aboutface".
More than 5 days. This thing has seen an upwards trend for a solid month. Usually this is caused by large dumping from the company when there's no news and updates and no filing status. Be careful at this point. No telling when this baby will take a nose dive in the deep end or freeze up all together. If you made money here, you better start counting your winnings before it becomes a big tease.