I compare Bitcoin and pot stocks potential to someone in 1998 saying this crazy though: "Buy into the Internet market space" Not so crazy now...
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Still having a tough time figuring out who is selling right now.. doesn't make any sense to me.
CEO is also focusing on getting revenue from mobile games.
Expect a PR about increased revenues from mobile games in the next few months. Their year end is March 31st, so definitely before that.
Did a bit of financial digging, the CEO owns 100M of the 104.47M shares outstanding!
On July 1st 2013, Charles Nienstedt became the sole board member and controlling party with the issuance of a single share of preferred series B shares and 100,000,000 shares of common stock. Under the new management the company will change direction and enter into the
software space.
Always a possibility. We are still getting rid of weak hands it appears.
Since September 30th 2013, the company has bought back 30,256,205 shares from the market to decrease the outstanding shares from 130M to 100M.
Only trades going through so far this morning are ask slaps. Move em up!
Agreed, SOCR 4.5M bitcoin play is great.
With the 4 million float, shares won't go at the bid. Half the float changed hands yesterday, 25% of the shares being bought between 0.05 and 0.075.
Thought you were buying at the ask and bringing it to a penny? ;)
Quiet here again today, without news this stock won't get any volume!
Congrats to all the longs here!!
SOCR Float: 4.2M, Monday Volume: 1.7M
SOCR current float 4.2M, Monday's volume 1.7M
SOCR=4.2M float & 1.7M Volume on Monday
4.2M float/1.7M shares traded Monday SOCR
SOCR's updated float 4.2M
1.7M shares traded today.
SOCR--> 4.2 Million float low enough? 1.7 million shares traded on Monday.
SOCR 4.2 MILLION FLOAT!
SOCR!! 4.2 million updated float!
BB, have you let everyone know about SOCR yet?
The only reason we didn't go higher today is that shareholders who bought in the 0.01 to 0.02 sold. Who wouldn't take 400 to 800% gains?
Anyways, stronger hands now hold the shares of this tiny float and it won't be long IMO before we see 0.25$
Very nice grab with 0.035s, wish I was averaged in the 3s!
Welcome to the board rane! This stock will huge in 2014 :)
Record volume for SOCR, and it beat its old record by 1.2 million shares!
Nice call xsb ;)
+12 followers in the past 2 days
First post all day?? Calm before the storm here??
The accumulation line is nearly vertical right now lol
RSI is breaking new highs as well... won't take much to send this to a quarter now.
I wouldn't be surprised at all
SOCR Bitcoin Collect news!
http://ih.advfn.com/p.php?pid=nmona&article=60897172&symbol=SOCR
SOCR news out about Bitcoin Collect!
http://ih.advfn.com/p.php?pid=nmona&article=60897172&symbol=SOCR
Let the weak hands sell their shares, it'll move back up.
I am aware of many posters on this board who own several hundred thousand shares bought in the 0.01-0.02 range. They are likely taking some profits with the surge in volume today.
With today's volume nearing 1.5 million shares and beating SOCR's previous single day volume record by over a million shares, won't be long until it climbs back up and test new highs.
Another Tweet minutes ago:
SolPower Corp ?@SolPowerCorp
In response to several questions, there are no recent additions to the float. No issuances, and no certificates with legends removed.
Float confirmed by CEO via Twitter at 10:49am today.
SolPower Corp ?@SolPowerCorp
To clear it up the current float is 4,422,450 shares, the recent filing will be corrected shortly. The previous TA made an error.
https://twitter.com/SolPowerCorp
SOCR Bitcoin news out as expected over the weekend!
http://ih.advfn.com/p.php?pid=nmona&article=60897172&symbol=SOCR
Nice LVVV!!
Record volume for SOCR and we are only 1 hour into the trading day!
1 million shares traded!
Tweet from the company a few minutes ago:
SolPower Corp ?@SolPowerCorp
BIG NEWS! Our new system will change everything! http://www.otcmarkets.com/stock/SOCR/news , Think of the applications! And we already have clients lined up!
Solpower announces new billing platform using Bitcoin virtual currency
POMPANO BEACH, Fla., Feb. 3, 2014 /PRNewswire/ -- Solpower Corporation, Symbol (OTC Pink: SOCR) today announced that it has created an innovative platform that uses Bitcoin, a virtual currency, to achieve truly anonymous billing and flexible bill payment options to alternative healthcare providers like medical marijuana distributors and holistic or spiritual healers who would benefit from accepting payments outside of the traditional banking system.
The new platform, called Bitcoin Collect is based on the company's popular Medcare Collect system, but instead of using pre-authorized ACH, debit, and credit card payments, the system is built around a virtual currency called Bitcoin. Like Medcare Collect, the system has the main benefit of allowing healthcare professionals to care for patients that may not be able to pay up-front for their services without fear of default, and without credit checks by setting up a series of automatic payments that are scheduled to avoid default. However, by integrating the system with the use of Bitcoin, the company has added complete anonymity to the billing process, which would appeal to alternative healthcare providers who traditionally had to deal in cash for regulatory or for privacy reasons.
Solpower's CEO and President, Charles Neinstedt, explained,"This is a breakthrough for a whole section of the healthcare industry. Providers that are not accepted by mainstream medicine and insurance companies, or that people just do not want to appear on their bank statements, had no options in the past. These providers help millions of people every year, and now those people can get that help securely and privately with the added benefit of being able to pay off the expense of these treatments over time, and without a credit check. I think we are doing something really big here."
The company has also started the integration of Bitcoin into their existing Medcare Collect system, as a back up payment method, which they expect to roll out in just a few months. Mr. Neinstedt claims this is the first and only solution of it's kind, and that because of the flexibility, privacy and security, it will be the leader in alternatives to traditional health insurance in the near future.
Share Structure
Market Value $4,178,916 a/o Jan 31, 2014
Shares Outstanding 104,472,911 a/o Nov 18, 2013
Float 4,422,450 a/o Nov 18, 2013