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PLRS- Gonna test .03 in a sec...
.0275x.028 I see a .035 or higher close in our future.
heading back up and in bigger chunks.
PLRS- ARCA just keeps pushing it up, LOL
Saw this on Rig's board. Can anyone here elaborate or offer an opinion on where we are on this? TIA
Posted by: ks7777
In reply to: RIGATONI who wrote msg# 35291 Date:10/17/2006 10:42:50 AM
Post #of 35322
Our new Stock Spot pick PLRS is like a balloon that keeps getting filled with more and more air… eventually it’s going to burst!
You see PLRS has recently raised $3 Million in a convertible debenture financing. I believe this converted into about 150 Million shares. This is what has caused all the pressure recently. From my understanding, at least 125 Million of these shares have been eaten up by investors and there should only be about 25 Million shares left to be sold.
As you can see this is what has caused all the resistance recently, especially today. Although the stock didn’t go up much in price today, it was a very important day that extinguished a lot of the convertible debenture shares which is a must for PLRS to gap up. I believe at least 50 Million were taken out today but this is just my opinion.
This has huge benefits for everyone because it gives every investor the chance to accumulate at such a low price before the stock explodes!
In for 50K at .022
AWYB - 21M short
American Way Business Development Corp. Updates Shareholders on NOBO List
Oct 13, 2006 12:37:00 PM
BOCA RATON, FL -- (MARKET WIRE) -- 10/13/06 -- American Way Business Development Corporation (PINKSHEETS: AWYB) ("AWYB" or the "Company") on Monday, October 11, 2006, announced that there appeared to be major differences in the numbers reflected on the NOBO list versus the actual numbers from the transfer agent. As we noted in our press release of yesterday, October 12, 2006, given the discrepancies, we felt we had no choice but to do a mandatory cert recall.
Mr. Platten, President, also noted that a lot of shareholders were asking for a specific number of shorts. We have been very reluctant to provide a number since we cannot be absolutely certain. There have been a lot of rumors in the past few days and the Company feels compelled to quell the rumors by providing its best estimate to date. In the words of Mr. Platten, "In my view, looking at everything I see, I think the shorts are in the neighborhood of 21 million shares. However," Mr. Platten adds, "whether my estimate is correct or not, the rubber will soon meet the road. We are hopeful that everything will be in place for the mandatory cert exchange by the end of the business day on Tuesday, October 17, 2006."
The Company believes that once the mandatory cert exchange is finalized it will resolve the shorts problem once and for all. We encourage our shareholder base to watch for updates as they occur.
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "estimates," "believes," or statements indicating certain acts (such as "may," "could," "should," or "might occur"). Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact:
American Way Business Development Corp.
Don Platten
561-962-4124
donplatten17@aol.com
http://www.americanwaybd.com
IPKL-added at .0023 took a long time to fill and was above ask then jumped over me to .0024 then back.
Saw this mentioned on Rig's board. Other than the tiny float, what's the scoop on this one?
AWYB- GOING NUTS NOW!
AWYB--NEWS COMING
Posted by: ptcgolf
In reply to: None Date:10/10/2006 2:15:22 PM
Post #of 21948
Dear Shareholders, for your information please find the press release that we have sent for immediate release for the NOBO list. I hope this helps us all.
AMERICAN WAY BUSINESS DEVELOPMENT CORP.
ANNOUNCES RECEIPT OF NOBO LIST
FOR IMMEDIATE RELEASE -- Boca Raton, FL, October 10, 2006 – American Way Business Development Corporation (OTC: AWYB) (“AWYB” or the “Company”) announces that AWYB has just today received the Non-Objecting beneficial Owner (“NOBO”) list from American Data Processing Inc. located at 51 Mercedes Way, Edgewood, NY 11717 (“ADP”). AWYB plans to release the aggregate data as promptly as practicable. In the meantime, AWYB and its advisers are currently reviewing the report to determine the best course of action. Those persons, whether individuals or corporations, who have recently sold stock of the Company short should conduct themselves accordingly.
Also, AWYB wants to inform its shareholders that the Company’s stock was featured in yesterday’s edition of hotstockchat.com daily. Please note also that, as stated in the hotstockchat.com daily feature, Hotstockchat.com was not compensated by the Company for the feature.
Mr. Platten states “Now that the Company is in the midst of a comprehensive reorganization which should redound to the benefit of the Company’s shareholders, we do not want our hard work jeopardized by the actions of a few greedy short sellers.” For anyone carrying shorts and those AWYB shareholders with questions, please contact Don Platten, AWYB president, via e-mail at donplatten17@aol.com or at our corporate office number, 561-962-4124.
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "estimates," "believes," or statements indicating certain acts (such as "may," "could," "should," or "might occur"). Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
AWYB .52x.53
AWYB- Etrade not allowing buys online. Shorts scared?
Posted by: makeamint
In reply to: None Date:10/5/2006 11:10:07 AM
Post #of 18296
Heads up from Eturd...
Orders for this security cannot be accepted online at this time. For assistance with placing this order, please call Customer Service at 1-800-ETRADE-1 (1-800-387-2331).
AWYB .47x.48 getting ready to run again?
Why would you increase OS by 330K? LOL And why before everything is finalized?
AWYB- .44x.45 Flipped the float again. Channeling up.
I think it is pretty obvious that more than just MM manipulation is at work here on the sell-off. There have even been a number who have posted here that they sold.
IMO this is healthy.
I do believe there is a sizable short and expect a much higher PPS but I don't expect this to go straight up and quite frankly am glad to have nervous traders and those happy with their profit exit now. There are still plenty of hands to be played on this and I look forward to the next few rounds.
That said most on this board have been quite fair, balanced and truthful about their positions and reasons for entering and exiting this stock and to all of them I say "thank you". All in all this has been one of the more civil and informative boards I have posted on. GLTA.
Patience folks...reality is we traded the float again today. PR confirmed OS 12.8M. WE HAVE A SHORT HERE. Only a question of WHEN not IF we run to $$. IMO only days of waiting...hell I have waited months for SLJB. This will be easy.
AWYB-about to flip float again...
"The current share structure is 12.8 million shares outstanding, the majority of which are restricted and NOT FREE-TRADING"
AWYB .46x.48 gettin jiggy again...
AWYB .41x.45 BOUNCE
AWYB- Read Art's post and get your orders in for the AM. .40's are a gift.
http://www.investorshub.com/boards/read_msg.asp?message_id=13726683
Posted by: Art2Gecko
In reply to: bluser who wrote msg# 14378 Date:10/2/2006 5:13:02 PM
Post #of 14447
I just got off the phone with the source of that information. He had a conversation with Don, who also said he'd have the NOBO list in his hands tomorrow, or first thing Wednesday AM...
In regard to the 5MM float, he said that the OS and Float may eventually get increased to 15MM OS/5MM float(possibly)/10MM restricted, but AFTER the finalization of the merger, not that it already HAS been increased. Which was just proven out by the numbers from the TA not changing.. And even so, 1.2MM more free trading shares? who cares, lol that's not gonna help any shorts.
This info was mentioned in Pannetta's paltalk room, and that's what started the 3:30 selloff. So.... as of right now, no increase in the OS or float, and not gonna happen until after the cusip change, anyway, so in the meantime the shorts are as screwed as they ever were.
Basically, the MM's took it down on some panic selling, for something that hasn't actually even happened and may not for weeks..lol
In a nushell, bargain priced shares tomorrow AM... should rebound quickly once everyone knows why it dropped there late-day...
NOBO or not 8.7M does not equal 2.8M. Since I know I didn't sell and suspect many others didn't either there is a short here. Regardless of what happens short term this stock is going higher. Math doesn't lie...
IMO no one gets shares below .40 tomorrow. Few get shares in the .40's and we are back in the .50's before 9:30
Call me crazy but I think most of this has been retail buying..imo the real cover hasn't even started. I think we churn here for a bit longer and by Wednesday we will all be wishing we had bought more in this range. GLTA
added another 2500 here. all tapped out for this one now.
3M traded in first hour. Anyone think we flip the float less than 4 times today? LOL this is fun...
GTC set for $4.00. I guess I am the conservative one in the bunch. LOL>>
AWYB .36x.37!!! OMG WOW
AWYB-BOOM .305x.32
AWYB- .28x.285 imo Gonna run inot close with that NOBO list coming.
"Shares of the stock have nearly doubled today, closing in on a new intraday high at $.21 on volume of 5.3 million shares. Oddly enough, there are only 2.8 million free trading shares in the public float of AWYB."
HMMM odd indeed...LOL
Enough about AWYB already, LOL...
GBDX .0315x.032 moving up
PLUS CEO was claiming a short before R/S. See previous PR's..but you are right the central issue for us remains what happened on the day of the R/S.
PAIV was JPHC and something else starting with an A...most of the shares accidently sold were old JPHC shareholders.
If it is retail that needs to cover then it is inevitable...their broker will force them to cover. If it is naked then I don't think just r/m will force anything BUT if it brings volume and price appreciation as I expect..the fun will begin. imo...
It will change the symbol but I am not sure that will force a cover. Look at SLJB.
Posted by: Art2Gecko
In reply to: LittleBigStocks who wrote msg# 9336 Date:9/27/2006 3:18:13 PM
Post #of 9400
that becomes available whenever Don pulls it from the transfer agent.... could even be tomorrow, for all we know.
AWYB- SBSH buying up every sell this morning at .11...sucked up 400k so far.