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I thought I was going crazy. Smilin B just kept saying to read the 8-k. I did that along with two other 8-k’s and the warranty agreement. Everything I’ve read says that these things should still hold 100% value until the Company liquidates. Only thing that worries me is now we have OTC investors in on a Nasdaq warrant. That could prevent any sort of real bounce and cause a trading channel between 007 and 015. Which isn’t a bad thing, but it limits the short term potential.
Good evening PB. Any insight into some of my questions posted below? I’m trying to figure out the realistic value of this one on the timeline we have. Warrants are new territory for me.
If that’s the case then this thing should go into the stratosphere over the next few weeks.
I saw that, but why would that cause the warrants to take a nose dive? The common share price is being paid out at $10.48 once everything is dissolved. If the value of the warrants are tied to the share price then why panic and sell the warrants? I just can’t wrap my brain around this.
I’m just trying to figure out what I’m missing. There were 17.5m original firm units composed of one common share and one warrant. The detachable warrant was valued at 1/2 the price of a common share. The agreement for these was good for 5 years from the date which I believe was June 11th 2015. Now if the value of the warrant is the difference between the spike price and the share price, where does it leave these warrants? It seems like the value of these should be exponentially higher. What am I missing here?
I’m sitting here looking at the 8-k from the IPO along with the warranty agreement and the current 8-k trying to decipher what these warrants are actually worth. Any thoughts? I’m lost with this one.
Does this 8-k from 2015 still hold any bearing or is it null and void with the new information? I’m trying to figure out if these warrants were apart of the original firm units or if they’re something separate. I’m sure there’s something very obvious I’m missing. Sorry, I’m still trying to learn some of this stuff.
https://content.edgar-online.com/ExternalLink/EDGAR/0001144204-15-037476.html?hash=da2c8bed696213baff5aa3396c0113428a6f258a66ecc6dae1ee2eaa4ee4c74d&dest=V413243_EX3-1_HTM#V413243_EX3-1_HTM
Ya, I’m thinking the same trading pattern should hold tomorrow but a big bounce is also a possibility. I’m still scratching my head trying to figure this one out. I’m probably overthinking it.
8-k for ELECW dated May 9th, 2018.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12743334/content/html
T-trade? Is that even possible on the OTC? I’m asking because I legitimately do not know.
It ended 6% up today. Where are you seeing red?
Bought another 135K today. Averaging way up from my original buy point but I don’t care. You can set a watch to how this one moves. It’s fantastic!
With the higher lows and higher highs, I’m guessing that the .006-.0065 flippers have already sold and are waiting for another pullback or bought back higher. That puts the new flippers buying in this at .0066- .0085. Combine that with the weak hands of the MM’s and I’m guessing we test the .009’s tomorrow before the consolidation starts again. Am I way off base about this or does it make sense to anyone else? Thoughts?
True Foods and TRU-Foods are 2 different companies. You’re getting your wires crossed here. TRU Foods has nothing to do with PF Chang’s. True Foods does. Why would we call True Foods or PF Chang’s about this? They have nothing to do with UHLN or TRU-Foods.
It’s also in their 10-K about 10 times. Hard to miss. It’s plastered everywhere.
Thank you for the tactful response. I will look more deeply into the case and continue my DD until I can make an informed investment decision.
Maybe I’m reading this wrong. You tell me. But it appears that MAXD has exclusive rights to sue on behalf of Mr. Attia’s intellectual property rights. I can’t imagine they’d do that out of the kindness of their hearts. The last paragraph talks about what they are seeking. Of course there’s no specific number or percentage mentioned. What MAXD would get out of it would be pure speculation. Like I originally said, I’m just starting my DD on this.
On May 22, 2014, MAXD entered into a representation agreement with architect Eli Attia giving MAXD the exclusive rights to sue violators of Eli Attia’s intellectual property rights. While Eli Attia was teaching his invention at Google [x], the project was internally valued by Google at $120 Billion USD a year. Since then, Flux has since been spun-out of Google [x], funded and has quickly growing, upon information and belief, to over 800 employees according to one of its founders. MAXD, on behalf of Attia’s, have since filed suit against Google, Inc., Flux Factory, and various executives of these companies for misappropriation of trade secrets. Since this time, the Company has advanced the case(s) and has signed additional agreements with the inventor as late as February 21 st , 2017. On March 1, 2017, at Google's request, Max Sound Management met with Google Representatives to mediate the Attia matter. At the end of the day, no settlement agreement was reached and Max Sound agreed to leave the mediation negotiations open while the case continues.
On December 5, 2014, the Company, along with renowned architect Eli Attia, filed a lawsuit in the Superior Court of California, County of Santa Clara, against Google, its co-founders Sergey Brin and Larry Page, Google’s spinoff company Flux Factory, and senior executives of Flux. Plaintiffs’ allege misappropriation of trade secrets, breach of contract and other contract-related claims, breach of confidence, slander of title, violation of California’s Unfair Competition Law (California Business and Professionals Code §§ 17200 et seq.), and fraud, and also a claim for declaratory relief. The lawsuit contends that Google and the other Defendants stole Mr. Attia’s trade secrets, proprietary information, and know-how regarding a revolutionary architecture design and building process that he alone had invented, known as Engineered Architecture. Defendants are alleged to have engaged Mr. Attia in 2010 and 2011 to translate his architectural technology into software for a proof of concept, with the goal of determining at that point whether to continue with full-scale development with Mr. Attia. Instead, the lawsuit claims that once Mr. Attia had disclosed the trade secrets and proprietary information Defendants needed to bring the technology to market, they severed ties with Mr. Attia, and continued to use his technology without a license and without compensation, in order to bring the technology to market themselves. Plaintiffs seek a permanent injunction against Google, damages (including punitive damages), and restitution. As exclusive agent to Eli Attia to enforce all rights with respect to the subject technology, the Company has retained Buether Joe & Carpenter LLC to represent the Company in the suit, on a contingency fee basis.
It seems that if that were going to happen, it should’ve already happened by now. There must be some merit to the case for it to still be going on after almost 4 years. You could be right though, idk at this point. It doesn’t appear to be a smoke in mirrors company. I still need to dig a bit deeper though.
I’m still on the sidelines with this one doing DD. But I stumbled across this article after reviewing their 10-K. If (and it’s a big if)this lawsuit ever gets settled, it would be HUGE for MAXD.
http://www.globes.co.il/en/article-architect-eli-attia-sues-google-for-stealing-invention-1000993300
It’s listed in their 10K A as a subsidiary.
Subsidiary: A company controlled by a holding company.
What else are you looking for? Dictionaries are amazing pieces of literature.
Can you say with absolute certainty that it’s still under Tennova or are we assuming again? The light switch for web sites and such may not be automatically turned on. It may take a few days for the website and google search to reflect the change.
Acquisition: The purchase of one business enterprise by another
-In case anyone was confused about what that meant
Precisely!
Where does it say that exactly? Are we just getting our jump to conclusions mats out now? “We’re buying a hospital and declaring bankruptcy at the same time”...I can prove that they’re purchasing a hospital in solid bold print. Can you prove that they’re going to have to declare BK in solid bold print if they don’t get the yes votes? I’ll wait....
And yet....on Jan 31st, 2018 RNVA entered into a definitive purchase agreement to buy a hospital. The agreement is a mutually binding contract between the buyer and the seller. How in Gods name could that have happened if they were going bankrupt? Wouldn’t you have to have some green laying around to do that? IJS...even Pee Wee Herman could connect those dots (lalalala)!
Lock up your shares folks! Don’t let the MM’s borrow anything. Might seem obvious to 90% on here but I guarantee a few people haven’t done it yet.
We’re talking about a different one from this one released yesterday....correct?
http://www.globenewswire.com/news-release/2018/04/24/1486728/0/en/RENNOVA-HEALTH-ANNOUNCES-2017-FINANCIAL-RESULTS.html
Not really new to trading. More like new to paying attention to what I'm doing. But thanks for trying to point that out. Best advise to you...tact goes a long way. GLTY!
Aren't all of these pre 2008 market collapse?
I agree that with news the pull back is unlikely, however, in the event that there is no news I would put money on a pull back. It's not a bad thing and in fact should strengthen the investor base. I'm just not a fan of over enthusiastic cheerleaders on a board. The pie in the sky dream almost always leads to fools gold. Just sayin'
Good god! Get off Struck's back. He's simply trying to say what everyone else sees from the technical analysis. He has never bashed the company. He just said to expect a pull back, which, if you look at the chart is pretty frickin realistic. If you believe the chart is meaningless then fine that's your opinion but for Pete's sake, leave the man alone. He knows what he's talking about. Bottom line, extreme upward momentum without a pull back isn't healthy for any stock unless you're a day trader. The last time this stock shot up like this was the first week of sept 2008 if memory serves correctly. Over the next two weeks it quickly back to where it started. GLTA!
I'm hoping so. This thing moved pretty easily the last time. It's funny, when I bought up this thing the first time. I was sitting in a dingy internet café at an out post in the middle of Mosul, Iraq. I remember everyone in the room was playing mafia wars bragging about all the fake money they'd just won while I cashed in on a 15k pay day. Good times! GLTY Struk!
Ironically, this was the very first penny stock I ever invested in back in August 2008. I had no clue about penny stocks at the time and blindly invested 3k into this company. At the time they were promising a dividend from another penny stock...can't quite remember the name. They never delivered on that promise. Long story short, the price spiked up to a little over two cents and then went into a free fall shortly thereafter. I made a nice chunk of change and the rest is history. Fast forward 6 years and here I am again. Hoping, lightning will strike twice. GLTA
I'm a noob when it comes to stocks but even I can tell the difference between a pull back and an all out reversal. This chicken little rhetoric is hilarious. Get a clue people! I'm seeing at least two more solid support levels. If you panic sell, you will regret it!
SITS flying low on the radar. Big news came out on the 9th. Get in before you lose out!
http://ih.advfn.com/p.php?pid=nmona&article=61782805
LAS VEGAS, NV--(Marketwired - Apr 9, 2014) - Southern ITS International, Inc. (PINKSHEETS: SITS) announced today that it has filed with the Secretary of State of Nevada for the reduction of its authorized common shares from 500,000,000 to 250,000,000, thereby reducing its authorized common shares by half. SITS has also reduced is total issued shares from 188,217,382 to 168,217,382, which is a reduction of 20 million common shares. SITS is still planning to start to buy back some of its float during the second and third quarters of this year.
SITS' business strategy of diversification is now beginning to show some results with the signing of a joint venture agreement with the Pacific Consulting Services, LLC, "PCS" corporation, for the installation of enterprise class video surveillance systems for a fortune 500 corporation specializing in the retail industry with over $100 billion dollars in revenues. Our first integration contract for the required equipment and installations will start before the end of April 2014. At this time we can only provide limited information, but more details will be discloses before the end of Q2.
Jason Bell, Vice-President of Southern ITS International, Inc., noted, "This is very exciting since we worked hard to develop a unique solution to large retail stores which is reliable and cost effective. The joint venture with PCS allows us to provide such unique solution. For more details on this unique solution please visit our web site at http://www.southern-its.com/solutions-2/shield-intelligent-surveillance/. We will provide the investors with additional information as soon as the client's legal department allows us to release some information."
Sylvain Desrosiers, Chairman and Interim CEO, noted, "SITS is on course to realize its forecasted objectives. Additionally, we are pleased with the progress we are making with our ankle bracelets solutions service. We are planning two separate trials with 2 different states over the next 4 to 6 weeks. These trials will bring significant orders for SITS as a complete solution provider for monitoring offenders
Hey guys, just wanted to pop my head in and say hello. I very rarely post anything on IHUB. I bought in about a week and a half ago and can't wait for tomorrow. Remember to manage your expectations everyone! It's not gonna shoot up to a gazillion dollars in 5 minutes. Sell where you feel comfortable! GLTA. Go FROZ!!!
Hey guys, just wanted to make my presence known...ive been a silent shareholder for over 2 years now, with an avg pps of .21. Im very happy with how this company has grown and expect great things in the near future....glta
I would actually be shocked if they did release a PR tomorrow. Everything that is happening in the next 24 has already been explained in the previous PR. To release one now, it seems that the only thing they would be trying to do is to inflate the stock which does not seem to be a likely scenario. It costs money to do this and it wouldn't really have a long term upside. Keep in mind that they said that nothing will be in affect until 20 days after the shareholders of record (COB on May 25th) recieve the informaton statement set to be released tomorrow. So, the only PR they might release would be one saying that they have sent the info statement to shareholders of record and thats about it. My prediction for tomorrow...a strong push into the .02's and then a walmart rollback into the .015's and sustainment in that area until big news is out. JMO...I could be and more times than not am wrong.
CVSL has been undervalued under appreciated for a while. Starting on monday (after the name change), this thing is gonna start punchersizing some traders in the face. Get ready for the boom!
CVSL up over 34% and churning nicely!