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From what I understand, entire net worth of the "aquastar" company is $2200. This may explain why the focus has been diverted elsewhere. That info is from the link provided in previous post.
Any newbies thinking of this as a "valid" investment opportunity should do some reading. Maybe start with this, and after reading the assets vs. liabilities, pay particular attention to page 14 and 15 of this link;
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=46848
In my opinion this "company" is a financial funnel to fill the greedy bellies of boost, aka big apple, and also the fat executives behind sutimco. Just MY OWN opinion of course.
I am a former owner, but as I have stated before, only when the AC unit is in prodution will I get back in, not a second before. No, I don't mind chasing it up, better than trying to average down like so many are stuck doing.
Like I said, aquastar has only a license agreement to commercialize the AC, easy to drop that. As for boost, they didn't even know as of this AM that the share structure was changed. They are IMO a leech on this company and should be plucked and discarded.
First on all, aquastar doesn't OWN the patent to the compressor, star rotor does. All aquastar has is a license agreement with star rotor to commercialize the AC units. And with all of their money going elsewhere,(boost and exec. salaries), I don't see any progress to be made in the AC business. Think of why they changed their name last time, then abandoned the real paper technology, same here this time with the AC IMO.
From what I know now it seems that the AC unit will not be comming as projected. In fact, I think it will be abandonded like the real paper project. It looks like all money is going to boost marketing and to executive salaries. Nothing more to say good about this company after my conversation with boost this morning. My opinion only.
Sorry, but here is where it's going, IMO. .0003
I can't PM you as I don't have ihub account, but will you please post a link to your claim that you sent through PM.
80 million still will have to be covered quickly, you owners still have a slight chance to run it up by locking your shares higher. Are you aware of that?
My you people are letting those naked shorts off cheap! About only 80 million to go and they are home free. LOL
I Can't help but laugh at how these people are being led over the cliff. A good opportunity lost for them.
It is a fact that over 108 million shares will have to be purchased over the next 2 days. Question is, what will the owners of these shares set as their ask?
From what I know, I can say that all 108,250,000 or so shares that were sold over the last two days, were sold as naked short sales. That means they will most certainly be scrambling to buy those shares as quickly (3 day time frame from day of sale), and as cheaply as possible, today if possible. Good luck to those selling and buying.
There will be ample opportunity to get in IF good news comes out. What also happens everytime is that on an initial surge in pps, traders cash out and run. Also, keep in mind, if this breaks down below .001, IMO most likely will go back to .0006 area. Just saying. I would rather chase it up a bit than try to average it down as it falls.
The company only has two options in regard to boost IMO. Since the AS are almost maxed out, the company can either jetison boost or pay them in cash every month, not many free trading shares left to pay anyone. The other option, which is keeping me on the sidelines, is will the company come up with a scheme to authorize even more shares?
These are also my own words; ". Previously I held a position in the millions of shares and sold because it was apparent that all of the dilution was lowering the PPS. And as I have stated, when that dilution is over and the PPS holds for a while, I am starting a new positon. I do believe that when the AC unit is out, this stock will soar". Now I don't really see how anyone can say that is bashing. OH and by the way, I will not read anymore of your posts, so good day and good luck.
What part of this do you not understand?; "And boost marketing,in my opinion only, has been dumping their free trading shares of late, hopefully all of them."; that by the way was copied from my recent post that you obviously failed to read.
The Last reported numbers were dated March 31 2011. The contract with boost marketing, and I did speak with them to confirm, still continues. That agreement calls for a payment of around $50,000 per month, of which the company has been paying with free trading shares of common stock. That week and a half that you speak of is really TWO MONTHS AND one week of around 20000 shares per week paid out to them of which I think they have sold most already. Previously I held a position in the millions of shares and sold because it was apparent that all of the dilution was lowering the PPS. And as I have stated, when that dilution is over and the PPS holds for a while, I am starting a new positon. I do believe that when the AC unit is out, this stock will soar. So now what is wrong with my being here again?
I believe that the float was around 280 million at the end of march 2011. And boost marketing,in my opinion only, has been dumping their free trading shares of late, hopefully all of them. From some of the volume during some of those stock rallies in the recent past, I think it's close to the 200 million mark that was cashed in. And that's just a guess, I don't of course know this as being a fact, but a safe number to count on would be IMO , close to 480 million.
Actually I think that the float is up to around 480 million by now.
Has it ever looked like a sell to you?
I have been told that the installed price is very near the same as the conventional AC systems. The size or "footprint" is very nearly identical as well. The aquastar is just far more efficient. So who wouldn't want to replace their old less efficient AC with the aquastar?
Great move on the company's part. I have been waiting for some real sound management to appear at rppr, and now maybe lennie is starting to get it. Now if they can just dump boost, I am set to get on board.
More than 14 million shares shorted today in rppr;
http://regsho.finra.org/FORFshvol20110601.txt
Think of it this way, the MM do make money off of the spread, and when the stock is weakened by selling, the spread is more is more likely to widen in their favor. By short selling they also cause the weak hands to follow suit. Without that, the MM's job would be harder as the stock pps would tend to stagnate when the momentum ran it's course. In other words, the MM by the shorting gets involved with a certain degree of MANIPULATION. That's just My opinion. It's not unique to this stock as you all know, but without shorting, the PPS IMO would be more stable.
You have hit the nail on the head with that statement.
I am still on the sidelines, so far the pps pullback has been as to be expected after such a gain following the recent PRs and promotion. I am waiting to see if someone crashes this with big sells, but so far I don't see that happening. If the PPS can hold steady here for a while it will be encouraging for new investors to get in, IMO.
Looks like about 35% of the volume today was shorting.
Over 24 million shares shorted today.
Looks like the drive-by penny flippers are soon to panic and run. That is a good thing from my point of view.
What you saw when the pps was at .007-.006 area, was the effect of massive dilution from a seller dumping free trading shares that they had recieved as payment for services rendered, (and those services were IMO non existent). As to the the promotional campaign, well, in the past, the stock pps gains on a promotion lasted one or two days at best because of the heavy dumping. This one seemingly will hold up better, ( it already has,but I do expect a pull back at some point), if no further dilution occurs.
As to the the value of the AC technology, well, we all have to use it, especially here in the south, and the energy savings are in fact a savior to many peoples's utility bugets. Eight or nine months out of the year in my area, my AC is running, that's quite a market. That's why I say long term, this could be a huge winner.
My opinion has been that managerment is not focused enough on the AC. But in fairness to them, they do need money to do anything, and the diversity can be useful in that regard. But this AC technology can be huge, and their connection with universities also means most likely connection with government money. If they play their cards right, this side of the company can become a billion dollar business. Now if they don't engage in further dilution of the stock, that means RPPR can become a dollar stock. That of course will take time, but at the current prices, one could collect a very large position and wait for that day.
Welderman, the pps should get far more than a bump when actual production of the AC units are underway. I have spoken with AC dealers here in the south, and they feel sure that selling them will not be a problem. I don't know exactly how aquastar is going to sign distributor/installers, but it's my opinion that they will have a problem supplying all of the demand once news is widely publicized. As to the stock pps, I like what I see, but the real gains will come when this AC unit hits the market, that's going to be when the gains are measured in the hundreds of percent. I am freeing up cash daily for comming news.
PS, to the flippers, cash your gains, but don't ever look back, it will break you heart.
I like what I see this week, but it will take a few more weeks like this to convince me that the seller is in fact done. Having said that, I am starting to close out other positions to free up cash for a position here. I want to take a rather large position, and if others are like minded, then I see a huge run on the horizon.
I spoke with Cathy, she is the fill in for Roger at times, and I spoke with someone in product development, I don't have his name. IR is boost marketing, and they are not informed of the change.
yes, I spoke with them recently as well, Roger left and has been replaced with an interim manager. I think it has something to do with the new marketing stategy campaign when sutimco becomes the new name. Nothing to worry about. I was told that a PR would be coming soon to update all.
My Opinion on today so far. It was pretty obvious that a penny stock pump was going on for the last few days, and everything friday and monday and today was retailers. Some jumped in and are now jumping out, simple as that. But what encourages me is there has been no sign of heavy dumping by BA. If they are done, as it seems, then the PPS should hold above .001-.0013 level for a few weeks. Then when the next good PR comes about the AIR UNIT, real gains should come for good. JMO.
From here; I think on page 3
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=51147
The float is around 290 million, the Ibox is not up dated. But don't sweat that, seems all of the recent dilution is over and if that is so, this should move up and hold the gains.