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ADCS whats it looking like for MMs?
I think tomorrow will be another side ways day with no news, 5s/6s possible hit 7s on and off, as some more people take profits. With news, depending on what it is.. who knows.. but i think friday we will move back to 6x7 and churn a bit.. towards close i think we will beat down 7s hard maybe even 8s depending.
On top of the news we got today which was a bonus, here is some DD i have done, and what to expect at the latest 25 September 09
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41531528
Had to see the close.. zzzzz time.
We are making a huge base here. This is a good thing this way it doesn't go higher then crash to .0001s the 1s and 2s are getting out, maybe even some 3s. So now we build a new stronger base at 5-7 range to push through 8s 9s .001s. sideways is always a great thing.
Good night all cya manana.
SAMM
??????? lmao wtf?
im so confused.
i was beginning to think i was seeing things... up down up down... i was like wtf i thought the price does that not the volume.... lol crazy shit today.
... i need to check my other account now... if some of these have been my shares getting dumped im going to be hella pissed.
Great.. Im in the midst of getting one of my other accounts moved to zecco... Just what i want to hear problems with ACT...
10:53:41 ET NASDAQ NASDAQ is still investigating the issue with ACT. Currently, all firms will be unable to report new trades into the system. NASDAQ will provide further information as it becomes available.
10:33:35 ET NASDAQ NASDAQ is currently investigating an issue with ACT. NASDAQ will advise.
Give it about an hr or so.. and we will pick. Today i would rather continue building our ladder, closing 7x8 Tomorrow the same thing and push for 8-9 close. Friday
8-9 toward close will push up to .001s
starting monday will be really interesting.
We have quite a bit of news still left out there to be dropped. This was just a bonus today.
My Prediction for Stock Movement:
.0003 -.0006 Starting Tuesday - Friday 8-11 September
.0006 -.0010 Starting Monday - Friday 14-18 September
.001 - .0025 Starting Monday - Friday 21-25 September (probably higher)
Ah, is the chart in the ibox?
Lucy can you add my post to the top, i updated it with all information.
27241
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41531528
CXAC - NEWS: This, is just a bonus to whats to come.
News: http://finance.yahoo.com/news/Cross-Atlantic-Commodities-bw-2005862238.html?x=0&.v=1
Check out whats to come. and some other DD.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41531528
95% / 5%
also see A BILLION shares getting ate through.
This is just the APPETIZER! lol a bonus, whatever you want to call it. Watch out folks, there is only one way to go.
LOTS MORE TO COME:
http://www.crossac.com/images/ShareholderUpdate_9-04-09.pdf
I am Excited.
No problem, make it easier for the new people taking a look. Help them get started on their DD.
remove mine and put the new one up
SOME DD Found Here
In 15-20 Days we will be seeing the following:
This was posted on September 4th 2009
1.We will follow up with actual sales figures in approximately 15-20 days.
(19th September - 24th September)
2. Within 15 business days we will be updating our financials to have them current, and have our outside counsel issue an Opinion Letter on our Disclosures and Financials to receive Pink Sheets Preferred Status.
(Business Days so only week days that puts us at the latest 25th September, also states within so could be anytime between the 7th - 25th of September)
3. We will update the investing community in the next 20 days via a National press release on the joint venture deal with a second product line.
(at the latest 24th of September)
4. Our manufacturer has costed the product and we should have preliminary samples ready within two weeks. After they are approved for sale to the public we will announce our deal.
(2 weeks so end of this week 18 September samples ready. Then Approval process.. not sure on time frame)
Note: The product was sold nationwide via, infomercial, major retail chains including Wal-Mart, CVS and Walgreen's and historically reached total volume of 45 million dollars over a seven year period. The patent owner is unable to produce the product and CXAC believes that with our Internet marketing network we can revive the line with minimal effort. The gross profit margins on this product based upon the historical data exceeded 65% on an annualized basis and the market cap for the product line exceeds 175 million dollars.
You can view this via CXAC website:
http://www.crossac.com/
or go directly to the shareholder update:
http://www.crossac.com/images/ShareholderUpdate_9-04-09.pdf
We have Convertible notes of roughly $700,000.
I even found it in one of our shareholder updates from JORGE
"The strategy is to increase revenue at CXAC in a dramatic manner and eliminate our convertible debt, which is approximately $700,000 dollars."
Link found here: (in the 4th paragraph)
http://www.crossac.com/images/CEO_letter_july_30.pdf
Here is what i dug up on it.
We have 2 Convertible Notes:
one issued at 600,000 and another at 150,000. Now some of you may have already figured it out... how does 750,000 go to approximately 700,000.
Went back through the financial reports and you can find Jorge has been paying down one of these.
As of 31 December 2008 the balance was 566,505 + 150,000 Total 716,505
Link here: (page 13)
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=20746
Now he made the following announcement July 30th;
"The strategy is to increase revenue at CXAC in a dramatic manner and eliminate our convertible debt, which is approximately $700,000 dollars."
Link here: (4th paragraph down)
http://www.crossac.com/images/CEO_letter_july_30.pdf
So now it could be under $700,000 or possible still $716,505 regardless there has been money paid on this. And as you can see from his statement this is one of his priorities to get knocked off his checklist.
An Important update to shareholders in regards to R/S
"We also wanted to take the time to give some updated corporate information. We have no plans for a reverse split, and will review the first quarter of 2010 the status of the company… but as for 2009 we will not do a reverse split."
Link to update:
http://www.crossac.com/images/CEO_letter_july_20.pdf
Now you may wonder... well why buy then, they will probably just do a R/S in 2010... First off that's 3 months away a lot can happen. 2nd I have seen them review this for the past year every quarter and still have not done an R/S. I feel that Jorge only keeps this option open for a last resort. Unlike other companies...BOOM PR stating R/S tomorrow. He wants to succeed and add SHAREHOLDER Value. Not turn all his investors away.
A/S 6,500,000,000
O/S 6,499,953,268
Left to possible dilute = 46,732
Know as far as the O/S we are damn near maxed out. There is less than 50,000 shares he can dilute still. I kinda have a feeling he needed to dilute the 149 mil to finish paying down one of the notes. Granted all my opinion i could be wrong. Could possible see a PR with explanation or even a Shareholder update. All my opinion.
THIS IS ALL IN MY OPINION BASED ON INFORMATION I HAVE READ: PR'S, SHAREHOLDER UPDATES, FINANCIALS AND SEC FILED INFORMATION.
PLEASE TAKE THE TIME TO DUE YOUR OWN DD AND COME UP WITH YOUR OWN OPINION.
insureman you still around, need you to do a sticky if you can.
INDR add to watch.
add to watch INDR
Tomorrow will be a better day, slow and steady and green.
Gnight all.
Yea, pretty easy to pinpoint where you will land when it comes to MM's. All it takes is some time to get use to them.
I expected this we have been stepping up quite fast, imo with out hardly any sales. A good sale day is healthy. Closer to close this will come back and probably close at 6s. Tomorrow people will be getting into this for a cheaper entry. There have been alot of bystanders watching waiting for an entry point.
Well all i can say is ill take em. No news yet and everyone ran for the hills.
Wow IHGP getting alot of action.
Lmao.... people are getting scared into selling their shares... THE NEWS HASN'T even been released..
Just my thoughts... He bought in 2s or 3s sold today, now wants in at 5s for the news.
Someone else wanting in cheaper.
sideways is healthy! adding more to our 6 base. We cant expect to gain 1 everyday lol i know we would love that but we have to let lowers get out and new buyers in.
Yep, in the next half our or so and we will be headed UP UP UP! :) our first DIP weee. back to building.
all i see is a new base being built. :)
I'm seriously beginning to wonder about this... With whats been going on is it possible they are buying back? Could be just straight interest in the stock. I dunno. May have to do some research today.
"Haven't read up on buyback rules or how its done"
So be gentle.
Lets move and and stick to the great topic of CXAC, cdnkid stated his intentions, and admitted he was wrong. It's in the past.
Lets build that next step! Maybe today we can get higher then yesterdays volume?
Good Morning all. Time for another great day.
What a great day yesterday, 2 to 1 in buy vs sales. Hopefully we can maintain this great stair step.
Another reply based on your opinion with out looking anything up.
"We sold over 200 orders in our premiere test and the retention rate was over 80% sales which is above
all industry norms, and was better that we expected."
Link: http://www.crossac.com/images/Shareholder_Update_8_27_09.pdf
Yes, it is...might be wrong link.. or there was really no change in our pattern. we just need to maintain. And we should slowly walk up. VS SPIKE and DROP!
Thanks Clay
EVERYONE HERE
My DD and predictions are just that, I am not JORGE or any one related to or have any affiliation to JORGE. I am an investor just like you. I use my spare time to look everything up and can give links for all of my information. Based on what i find i post it and provide links. I can not help that i have been doing research since January... I can not emphasize this enough I AM NOT JORGE I AM NOT IN ANY WAY AFFILIATED WITH THE COMPANY. So please stop with all the PM's with accusations.
I am not JORGE
I am not PAID BY HIM
I am not working for him
I in no way get insider information from him or anyone else
I am like everyone else here looking of information and sharing what i find and giving MY OPINIONS and providing links. I am not in any way saying my opinion is the companies opinion. ITS MINE. Come to your own conclusions.
Any further PM's regarding accusations of me being on the IN with the company will be pushed to IHUB Admin and dealt with.
I'm just an investor that took time to do a lot of digging, researching and read everything the company has released to the public.
I hope just like the rest of you a lot of people make money on this stock because in my opinion its a great pick by the information i have found from PR's, Shareholder updates, pinksheet financials and other information posted on pinksheets.
Good day and happy trading.
Go CXAC
The best things in life always start with a strong base! with out the base all we do is fall back to where we started.