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the 10K says they have money for another 12 months.
Sara
So there's at least 90 more days for ASTN to get back up over a dollar.
Sara
Glad to hear that! eom
OT: Patton
Have you ever read the unabridged version of his speech to the third army? I love it...
http://www.lizmichael.com/patton.htm
Sara : )
LOL... ok : ) eom
Isn't it a violation of TOU to have multiple usernames?
Sara
Hi John,
"It's no doubt an emotional/perceptual "...thang...."!!"
No doubt! You notice I just made the statement that I couldn't see it and she's on the attack again.
Sara : )
Mary,
Stop the lies and personal attacks... they are against TOU as you know.
Sara
I don't see you or your address at any of those links. eom
Statistics - chuckju & kcmillpe
by: stosh_5 (51/M/MI) 07/17/01 11:20 am
Msg: 125124 of 125133
Here are the five highest weeks (revenue shares) in order - yes, last week's was the second highest:
week of 6/25/01 - 10,036,000
week of 7/09/01 - 7,328,000
week of 3/26/01 - 5,885,000
week of 5/28/01 - 5,282,000
week of 6/18/01 - 5,081,800
As of today, 52% of the month's trading days are past, and we're at 35% of last month's record volume. To date, in July, we've had 9,008,000 revenue shares vs 25,589,800 in June.
Stosh
http://messages.yahoo.com/bbs?.mm=FN&action=m&board=4687979&tid=astn&sid=4687979&...
News!
Tuesday July 17, 8:20 am Eastern Time
Press Release
Market Pathways Retained by Patriot Motorcycle to Increase Exposure Among Financial Community
IRVINE, Calif.--(BUSINESS WIRE)--July 17, 2001--Market Pathways Financial Relations Inc., a full-service financial public relations firm, has been retained by Patriot Motorcycle Corp. (OTCBB:PMCY - news), a manufacturer of custom motorcycles and accessories, to provide a wide variety of financial public relations services, including media relations and online services, as well as enhance Patriot's exposure among financial professionals and investors.
``We are excited about our new line of motorcycles and the contribution to their success that Market Pathways can provide,' said Michel Attias, chief executive officer and president of Patriot Motorcycle.
``We have a refined business model to grow our brand name and increase our production and Market Pathways can provide us the representation we require to communicate these goals to the investment community.'
Patriot Motorcycle is currently dedicated to the production and distribution of its custom motorcycle line and accessories. The company builds the highest quality custom motorcycles available in the previously neglected mid-range market of $21,000 to $32,000. Patriot exclusively uses Harley Davidson engines and transmissions, along with more than 150 other Harley parts.
With 3,300 dealers nationwide, the company is gearing up to fulfill demand as its motorcycles increase in popularity.
Patriot is also involved in the development of complimentary merchandise to its line of motorcycles, which could produce significant revenue as well as recognition of the Patriot brand name. Some of the merchandise includes artwork, books, patches, stickers, jewelry, t-shirts, jackets, helmets, and toys.
Patriot recognizes the cultural role of motorcycles in the United States and abroad and is also involved in events that promote the company name through community-safety courses, charitable benefits, ``Patriot clubs,' and racing championships.
``Market Pathways is delighted to be associated with Patriot Motorcycles,' said Shannon Squyres, president of Market Pathways. ``In the topsy-turvy world of Internet products and services, it is satisfying to represent a client that produces tangible, high quality products such as Patriot motorcycles.'
For more information on Patriot Motorcycles, visit their Web site at: www.patriotmotorcycles.com.
Market Pathways Financial Relations is an 18-year-old financial public relations firm that provides a comprehensive range of services including stockbroker relations, SEC compliance, institutional outreach and support, media relations, shareholder communication and investor lead generation.
Safe Harbor Statement
Securities Litigation Reform Act of 1995: This release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competition, inability to secure investment capital or financing, new and untested products, uncertainty of revenues and earnings, fluctuations in stock price and liquidity, fluctuating operating results, and other risks detailed from time to time in the company filings with the Securities and Exchange Commission.
Note to Editors: Patriot Motorcycles(TM) is a registered trademark of Patriot Motorcycles Inc.
--------------------------------------------------------------------------------
Contact:
Patriot Motorcycles
Michel Attias, 909/735-2682
patriotmc@prousa.com
or
Market Pathways
Shannon T. Squyres, 949/955-1860
stockquest@marketpathways.com
http://biz.yahoo.com/bw/010717/2189.html
eVWAP 188,200 X 2
By: stosh_5 $$$
Reply To: None Tuesday, 17 Jul 2001 at 9:52 AM EDT
Post # of 20464
188,200 x 2 confirmed
http://ragingbull.lycos.com/mboard/boards.cgi?board=ASTN&read=20460
Good Morning : )
You're welcome on the mortgage info... it's one area I do have some knowledge.
QBID looking strong again this morning...
Sara : )
Month-to-date eVWAP volumes
7/16 459,300 X 2
7/13 710,000 X 2
7/12 273,000 X 2
7/11 0
7/10 1,258,000 X 2
7/09 1,423,000 X 2
7/06 112,500 X 2
7/05 0
7/04 holiday
7/03 50,000 X 2
7/02 30,000 X 2
Total 4,315,800 X 2
AMSE does look interesting...
but right now it does look a little over bought... what do you think? Maybe wait til it corrects a bit?
http://www.askresearch.com/cgi-bin/chart?symbol=AMSE&country=USA&size=640x480&months=6+m...
"Is there some reason for this other than market conditions?"
It may be partly because reverse mortgages are not seen in a favorable light by some... some see them as taking advantage of vulnerable seniors. (With reverse mortgages the principal balance gets larger and larger as time goes by.)
Sara
This is being spammed over on Yahoo also. eom
"Regardless, no one's personal information was posted."
Yes, exactly. With all the false accusations flying around, I just wanted it to be completely clear.
Sara : )
Hi BoP,
"Hollen posted a public document pertaining to a lawsuit brought by ASTN."
Actually he just posted a link to a search engine... it did not directly lead to anyone's personal information. It would be like saying you can't post a link to www.yahoo.com because I could type someones name in there and find personal information about them (which can be interesting, btw).
As for unfair TOU enforcement, I believe I removed the only post that contained someone's last name even though they post links to their own full name over on Yahoo on a regular basis!
Sara : )
And your assistance has been much appreciated.
Sara : )
Thanks, John, for the definition. Just wondering what the "something to be done" is.
Sara : )
In the future, please post links to all your sources.
Sara
Link to today's 10K filing:
http://www.freeedgar.com/search/ViewFilings.asp?SourcePage=TodaysFilings&Directory=930661&Ye...
Sara
Great post BoP!
I don't think there was anything on the docket for today... this is the latest entry:
05-JUL-2001
03:17 PM MMUPD - MOTION ASSIGNMENT UPDATED
Docket Entry: 35-01062335 PRAECIPE TO OVERRULE PRELIMINARY OBJECTIONS ASSIGNMENT DATE UPDATED TO 7-30-01
Sara : )
"This confirms that they think the astn longs think there is value in vwap."
It confirms that RGC sees value in Ashton technology since they accepted it as collateral. Simple business principal.
"this is good for BOD as they will continue to draw salaries and self deal."
You are making a statement of fact about future actions of the BOD. How can you possible know that? Do you have backup for that statement that indicates plans by the BOD to do so?
Please be careful to make your statements so that opinion can be distinquished from fact.
Sara
"They were gonna get 25M
Now only 15M"
That's a good thing!
"There was no collateral before on RGC loan, now there may be if shareholders don't approve of more dilution."
This confirms the value of the Ashton technology as a very viable asset! That is a good thing!
Also, Ashton would now have the cash to continue progressing with eVWAP. That is a good thing!
All IMO.
Sara
Thank you Matt for confirming the rules!
Sara : )
"I agree we need to see the docs before we can see what's really happening."
http://messages.yahoo.com/bbs?.mm=FN&action=m&board=4687979&tid=astn&sid=4687979&...
Then let's wait til the SEC filing comes out before jumping to conclusions.
Sara
Bird of Prey, thanks for your analysis on the financing issues here. The details of the deal are not yet available which means some posters are simply conjecturing their own worst case scenarios before the facts are known.
Sara
Re: Mary, Re: interesting news
by: astn5yearplan
Long-Term Sentiment: Strong Buy 07/16/01 01:28 pm
Msg: 124901 of 124901
RGC certainly is validating eVWAP's worth. What would be the purpose of taking it as collateral if it didn't have worth? Extortion? Is that what you call financing arrangements with collateral? I think you just like throwing out terms like that to continue your aura of sinisterism.
And you say "Perhaps it was the SEC and the pr person just added Ashton and Jameson to make it seem like a mutual thing". You're really suggesting that Ashton and Jameson didn't discuss the financing issue with the SEC? Why would you make that up? What are you trying to imply?
You consistently twist public information and make up your version and portray it as factual. Ridiculous!
http://messages.yahoo.com/bbs?.mm=FN&action=m&board=4687979&tid=astn&sid=4687979&...
Comments on the latest news...
IMO the really good part of the recent news is that RGC recognizes the value of Ashton's technology as an intellectual asset which they accepted as collateral.
Also, needed cash is now available!
Something else I find encouraging is that it seems that ASTN management listened to shareholder concerns about the financing deal and worked to address those issues and come up with better terms.
Next what is needed is increasing eVWAP volumes!
All the above... IMO.
Sara
TSRG up nicely on that good news!
Sara : )
QBID looking real good this morning John!
Sara : )
eVWAP 459,300 X 2
By: stosh_5 $$$
Reply To: None Monday, 16 Jul 2001 at 9:58 AM EDT
Post # of 20446
459,300 x 2 confirmed
http://ragingbull.lycos.com/mboard/boards.cgi?board=ASTN&read=20446
More news!
Monday July 16, 9:08 am Eastern Time
Press Release
Ashton Technology Group Revises Financing Agreement
PHILADELPHIA--(BUSINESS WIRE)--July 16, 2001--The Ashton Technology Group, Inc. (NASDAQ:ASTN - news) today announced it has amended its previously announced securities purchase agreement with Jameson Drive, LLC.
Ashton had previously entered into an equity line arrangement with Jameson Drive LLC on February 9, 2001. On March 31, 2001, the Securities and Exchange Commission issued its views replacing Interpretation No. 4S in the March 1999 Supplement to its Manual of Publicly Available Telephone Interpretations.
Based upon these views and Ashton's discussions with SEC staff, Ashton and Jameson amended the securities purchase agreement.
The financing arrangement provides for the purchase by Jameson of up to $15 million worth of Ashton's common stock over a 24-month period. During this period, Ashton may request a draw on the equity line by selling its common stock to Jameson. In addition, Jameson will be entitled to receive warrants to purchase shares of Ashton common stock.
Ashton has agreed to register, under the Securities Act of 1933, the resale of the common stock sold to Jameson and the common stock issuable upon exercise of the warrants.
Ashton's CEO, Fredric W. Rittereiser, said, ``The revised equity line provides us with the financing we need to continue to build on the momentum we have developed over the past several months with our intelligent matching systems. The reduced equity line should also serve to reduce the market's concern of a significant stock overhang.''
Ashton is an eCommerce company that develops and operates electronic trading and intelligent matching systems for the global financial securities industry. Our focus is to develop and operate alternative trading systems, serving the needs of exchanges, institutional investors and broker-dealers in the U.S. and internationally.
Our goal is to enable these market participants to trade in an electronic global trading environment that provides large order size, absolute anonymity, no market impact and lower transaction fees.
The forgoing press release contains forward-looking statements based on current management expectations. A variety of important factors could cause actual results to differ materially from such statements.
Factors that could cause actual results to differ from current expectations include Ashton's ability to achieve expected future levels of revenue, expected use of proceeds, projected costs of technology development, changes in business strategy and development plans, the performance of Ashton's common stock; industry trends; and competition.
These and other risks are described in greater detail in Ashton's filings with the Securities and Exchange Commission.
Websites: www.ashtontechgroup.com and www.evwap.com.
--------------------------------------------------------------------------------
Contact:
Ashton Technology Group, Philadelphia
Christine Geisser, 215/789-3300
Telefax: 215/789-3397
Shareholder email: shquestions@ashtontechgroup.com
http://biz.yahoo.com/bw/010716/2302.html
News today!
Monday July 16, 9:04 am Eastern Time
Press Release
Ashton Technology Group Announces Completion of Exchange Agreement
Revises Terms of Preferred Stock
PHILADELPHIA--(BUSINESS WIRE)--July 16, 2001--The Ashton Technology Group, Inc. (NASDAQ:ASTN - news) today announced it entered into an exchange agreement with RGC International Investors, LDC, the holder of Ashton's Series F Preferred Stock.
On August 18, 1999, Ashton completed a $20 million private placement of its Series F Convertible Preferred Stock to RGC. The private placement consisted of 20,000 shares of Series F Preferred and warrants to purchase 200,000 shares of Ashton common stock. Pursuant to certain provisions of the Series F Preferred, Ashton became obligated to redeem the 4,363 shares of Series F Preferred still outstanding in March 2001 for cash.
In lieu of such redemption, Ashton and RGC have agreed to an exchange whereby the remaining shares of Series F Preferred have been converted into a $5.1 million Convertible Note due August 18, 2003. The note is convertible into shares of Ashton common stock following approval by Ashton's stockholders of the issuance of such shares upon conversion of the note.
Should Ashton's stockholders not approve the issuance of shares to RGC, the note would have a maturity of April 1, 2002. The note is secured by Ashton's intellectual property.
Ashton's President, Arthur J. Bacci, said, ``We appreciate the commitment and belief that RGC has shown in Ashton. RGC's significant investment in Ashton has had a large impact on our ability to develop our intelligent matching systems and implement new marketing programs to increase eVWAP's utilization.''
Ashton is an eCommerce company that develops and operates electronic trading and intelligent matching systems for the global financial securities industry. Our focus is to develop and operate alternative trading systems, serving the needs of exchanges, institutional investors and broker-dealers in the U.S. and internationally.
Our goal is to enable these market participants to trade in an electronic global trading environment that provides large order size, absolute anonymity, no market impact and lower transaction fees.
The forgoing press release contains forward-looking statements based on current management expectations. A variety of important factors could cause actual results to differ materially from such statements.
Factors that could cause actual results to differ from current expectations include Ashton's ability to achieve expected future levels of revenue, expected use of proceeds, projected costs of technology development, changes in business strategy and development plans, the performance of Ashton's common stock; industry trends; and competition.
These and other risks are described in greater detail in Ashton's filings with the Securities and Exchange Commission.
Websites: www.ashtontechgroup.com and www.evwap.com
--------------------------------------------------------------------------------
Contact:
The Ashton Technology Group, Inc., Philadelphia
Christine Geisser, 215/789-3300
Telefax: 215/789-3397
Shareholder email: shquestions@ashtontechgroup.com
http://biz.yahoo.com/bw/010716/2290.html
Posting Rules for the ASTN board!
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This is a stock specific thread, discussions should focus on news and events directly related to ASTN. When posting direct quotes from articles, SEC filings, or other documents, please provide links to the source of your information.
Note: The above has been added to the iBox for reference.
Enforcement of TOS rules on this board.
Enforcement of TOS rules on this board is at the discretion of the Chairman and Directors per IHub policy. IHub Admin also reviews any messages removed to ensure fairness and objectivity. It is not the place of posters on this board to dictate how TOS is to be enforced or which posts should be removed. Please do not PM the Chairman or Directors with such requests.
Please review IHub User Agreement (link at the bottom). It is our intent to provide a civil and informative thread for ASTN information.
From the IHub User Agreement:
In order to do this, our management system will allow designated people (Chairmen) to remove messages that violate the User Agreement or detracts from the civility of the thread established by the Chairman.
Thank you for your cooperation.
Sara
BoP,
"My apologies for using someones name. However the poster in question later included that very same info in her own post!
No apology necessary. When I first read the post I also assumed everyone new the full name. And as you pointed out, she doesn't really try to hide it and I believe is just doing what she came here to do... challenge the rules of this board.
Yes, I noticed the reference to short sellers and wondered the same thing.
I have also noticed she seems to want to dictate what can and can't be posted and what is and isn't acceptable. Last I checked she wasn't even a director, much less chairman. Perhaps a private post explaining the rules is in order.
I have notice this and will address this in my next public post.
Sara
John,
Yes, I have to agree it's a pet peeve of mine when people post snippets or even entire articles and don't provide a link to the source. It certainly makes one suspicious of why they don't want people to read the original. And whether it's for bashing or promoting purposes, those who try to skew factual information for their own purposes are unehtical... you have to wonder about their agenda.
Creating imposters to discredit posters is also another unscrupulous tactic I very much disapprove of (and on my services is a TOS violation).
How was the cook out?
Sara : )
Link to entire SEC filing...
http://www.sec.gov/Archives/edgar/data/1003740/000102140801502979/0001021408-01-502979.txt
btw, this is not new... it's old news.
Sara