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Great update. Imo that means the signed PPA is imminent. :)
I like this part best:
" We have been pushing to get the deal closed and working diligently to get our next step finalized."
Here's the 2nd facebbok update:
V3rsant Corporation
13 minutes ago
We have had a few requests on the Form 10 response we filed regarding dates. The Form 10 was filed this past July and the filing of the response updated the financials, as well as responded to the SEC’s questions. As to the dates, we are holding on those until we hear differently or the holiday break takes place. We have been pushing to get the deal closed and working diligently to get our next step finalized.
2 new updates on Facebook today:
V3rsant Corporation
13 minutes ago
We filed the Form 10 response to the SEC earlier this week. These responses only update data like the financials and edits requested by the SEC. It is possible we will have another round of SEC questions. Please note, that even responses to the SEC require that our financials be current. In other words, our latest 10Q has to be in place before we responded on this last round. So we may have our answers ready, but then we may have to wait for the accounting review for the financials to be included. That is why we filed the 10Q and then filed our response. The SEC process involves lawyers, the audit firm and management for the finalization of any filing or response. Once this review process is completed, we submit the files to an EDGAR processing team. The lawyers, the audit team and management have to once again review and approve the EDGARized files before final submission. As you can tell, it is a long and tedious process.
Here is the Facebook update:
V3rsant Corporation
We received a question regarding the extended legislative break in Costa Rica with regard to the Presidential election and the possibility our PPA would not be signed until after the election.
The elections are always an issue and have been for the past six months, not directly, but indirectly (delays). Our proposed wind farm is legal under the existing laws, so we are not waiting for new laws, amendments to the law and by extension the legislature. As a point of reference, the PPA should be signed by the Buyer’s General Manager, not a politician. It is important to consider that we are working with the Presidential candidates at a high political level (part of the overall strategy) and the Company does believe it enjoys excellent support. Energy is a political issue, and this can have an effect, but we believe we are well positioned and continue pushing for the execution of this document to be completed as soon as possible.
New filing out. Lots of information.
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9652075
New filing - Annual report - released.
http://www.otcmarkets.com/financialReportViewer?symbol=KSIH&id=114513
It sure has gotten quiet around here. Hopefully we hear some good news soon. I thought the uplisting would have brought us too much higher levels, because in my opinion that was pretty big news and doesn't happen too often with these types of stocks. Now this stock is no longer on the pink sheets and is fully reporting. Great accomplishment! It shows that the CEO and this company is serious and has so far followed through on their word. I'm still surprised that they didn't release an official press release announcing the uplisting but I suppose they know that much bigger news should be occurring soon.
I've been following this stock for a while. I just got this in my email from IHUB:
http://www.advfn.com/p.php?pid=hosted_solus&id=OTMzNg==
Looks like they are staring to get the word out on their own.
I'm in today as well. Just a starter for now. The risk vs. reward is just too good to pass up. I think one day down the road , within a few months, this stock may be sitting in the dollars.
Yes, I saw that myself and was thinking the same thing. :)
New Facebook update:
Note regarding the NEWS and INVESTOR pages on our web site. These two pages are hosted on a separate third-party server and our one-year contract for this service has expired. (Please note that the rest of our page is not affected.) We felt that a one-year extension was excessive and hope that a three-month extension is allowed to be put in place shortly, to allow us the time to transition more smoothly.
We originally contracted this service when we announced the merger last October. The service included web site hosting for these two pages as well as a slightly discounted price for Press Releases. Currently, the web hosting service is not needed and the Press Release service can be used (at a slightly higher cost) on an “as needed” basis. We feel this is appropriate as we do plan, as previously announced, to move to an IR firm.
This service costs about the same our OTC services, or $5,000, per year. We are working on rectifying this as quickly as possible. Our analytics show that the web site has very sparse traffic; most of the investors use the OTC site, which has had no interruptions
Another update on Facebook has been released.
Thanks adijas. Here is the actual message:
"We will issue a short update tomorrow, but we did want to let everyone know that finally OTC finally upgraded our status on our financials to "audited". We are glad to finally have the proper rating. After the numerous hours and the hard work by all, it is nice to see the change (Company Info Section)."
New facebook updates:
We have received a few questions from investors. This may be the best forum to respond. Question #1 (summarized): Authorized shares and the large amount and our plans. Question #2: What is the next step in the PPA.
Question #1 (summarized): "Authorized shares and the large amount and our plans."
The structure today is designed to give us flexibility in raising new funds and providing enough shares just in case that many are needed. In principle we do not want to use all of the shares (function of market prices) and once we do raise the funds, we do not want to have too many shares left over. As some have pointed, this is a fine balance between attracting secondary market investors to the company and new investors to an offering. This analysis will be finalized after the PPA and as we prepare to raise the bulk of the necessary funds. Good points by many and this is an area that will be reviewed very carefully to ensure we achieve our goals with the best balance possible. Once we conclude our analysis (post PPA) we will advise the shareholders.
Question #2: "What is the next step in the PPA." As we have reported, we have concluded the internal analysis by the Buyer and we have been advised, verbally, that the project is approved internally. As to the next step, that is being worked on. Please note that our social media sites are read by the Buyer, and/ or people related to the Buyer, so it is now time to enter a quiet period. We will keep everyone appraised, there is no time frame to provide so bear with us as we work through this final stage. We do not want to have an inadvertent comment or response delay the process.
Thanks, Been here since pre-merger. Been quietly accumulating, waiting for the this rocket to take off.
Picked up another 50,000 shares today. Stocking up for big run up that I believe is coming soon.
Great update. Longtime shareholder here. Thanks for sharing.
From their facebook page:
http://www.facebook.com/v3rsant?ref=ts&fref=ts
Update on filings. We had hired a highly recommended outside consultant to help us with preparing some of the financials after the annual audit was completed. Based on commitment from this firm, we reported our expected completion date in our last update. Subsequent to our update, our consultant failed to communicate properly and missed deadlines. Worse, the consultant would not provide us firm dates for when the work would be completed after the deadlines were missed. Unfortunately, this delay forced us to have to undertake the quarterly review prior to filing. As a result, we made a decision to terminate the contract with this consultant. We had to hire a new team, provide the data etc and redo the work. Our new team has been outstanding, met timelines, worked with our CFO and integrated very well with RRBB and Lucosky Brookman. The work is progressing, our next update on this matter will be to announce the filing. Our CFO and the experts are completing the work.
Board sure is quiet lately. Hoping for some more good news soon.
New update posted to their Facebook page.
Just picked up another 70k shares at the ask. Been slowly accumulating. Looking forward to big gains from here.
Nice pics Emz. I live about three miles from there. Have surfed in front of both of those estates many times.
Thanks for the info!!
Revenue is revenue. Looks like a fine way to make revenue for o2 secure wireless in addition to Val's original plans. If Val advertises this new division the proper way he can get hundreds, thousands, even millions of subcribers. The potential for this division is limitless, with very low overhead. Next week I plan on switching from AT&T and signing up my cell phone thru o2usa.
Looks like a great deal.
Great News Today!!
I'm not even watching this stock daily anymore. One year from now I might be able to retire early due this stock. Go OTOW
The towers that Vertical is erecting presently in Costa Rica are for another company, not OTOW. However they are slated to build the towers in the DR for OTOW when Val is ready I believe.
Your welcome 3respalm. I'm always doing DD whenever I have the chance. Our day will come here soon I believe. By the way.. do you live by Tres Palm in Puerto Rico? Great wave over there. I surfed Rincon a few times.Might go back next winter.
Yes. I Stalt them as well, but they haven't changed since I emailed them on 05/25/11. And the amount they went up is miniscule. I'm sure Val has put them to very good use.
Dear Mike,
As of the close of business on 05/25/2011, the outstanding shares were 514,015,284 and there authorized are 1,500,000,000. All additional information is private company information and you may contact the company directly at (904) 962-3373.
*** PLEASE NOTE MY NEW E-MAIL ADDRESS IS AMUNOZ@STALT.COM ***
Regards,
Stalt, Inc.
Ana Muñoz
CE has been removed on Otcmarkets.com. Now it is listed as : OTC Pink Limited Information.
http://www.otcmarkets.com/stock/ITNS/company-info
Nice to close at at .01. Imo tomorrow we move higher as more people learn of this unreleased huge news for OTOW.
It would be nice to break above .01 today. I think as this news gets spread to others we are going to start a very nice rise upwards.
Wow!! That's Huge News! Thanks Spike
Attorney Letter with Respect to Current Information
Another filing... I believe this attorney letter is to get rid of the CE and get a different classification on OTC Markets.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=52042
I believe there are now 263,780,223 outstanding shares.
ITNS just released 4 financial reports. There is a lot of new info in these reports.
Here are the the main two links:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=52028
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=52024
Where did you get that info? If it is indeed true. The latest current financials have not posted yet.
Looks liike only 20,000 shares until .01 now. Nice start to the day.
Good Morning all. Sure is quiet around here today. Hopefully we get some news soon. Personally, I'm not too worried about this stock. Just holding long and adding when I can. Did the same thing with WNRC last year, added from .01 to .05 and it ran to .25 this January. Expecting more out of OTOW.