Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yep, could very well be...
paul
I'm taking it from the press release of 5/30/2012
Auctions International Inc. is Pleased to Announce the Conclusion of a Merger With AMERO International
Hey Pack,
I think you're right.
Remember this....
"At the closing of this formal agreement, all the shareholders of Amero will be issued two hundred and fifty thousand shares of Auctions for every one share of Amero that they hold as at the closing date".
Hypothetically, these shares would have been restricted for 1 year.
They announced the merger in 5/2012 - but we don't know when it "actually closed". Could have been earlier, March or April.
And, it may be, due to the new merger now with Rangemore, the restriction was lifted where the shares are being allowed to sell on the open market...
Just a thought.
Today is a new day.
I for one am positive when the i's are dotted and the t's are crossed on this new company we will see some great things.
Mr Smith said the company is moving forward faster then they expected, they will be putting out good news and the market will reactive positively.
That's where my focus is going to remain and hopefully we will see the results very soon.
GLTA
Me too...!!
You are welcome Rec...
Hope that clear it up a bit.
E-Mail from Richard Smith
My question
On Mon, Apr 1, 2013 at 6:04 PM,XXXXXX <megan1o@> wrote:
As I'm sure you know, we are seeing quite a bit of unusual selling.
IH shareholder's board is trying to figure out why that is.
Is there anything you can tell me that I can take back to the board to let them know what might be the reason for this?
Once again, sorry to bother you and thank you in advance for your patients will all of us.
Mr. Smiths' response
On Mon, 4/1/13, Richard Smith wrote:
From: Richard Smith
Subject: Re: XXXXXX question
To: XXXXXXX" <megan1o@ameritech.net>
Date: Monday, April 1, 2013, 8:32 PM
Hey XXXXXX....thanks for your email.
Shareholders have to keep in mind that there are 817+ million shares already issued in this company. That has been out there for over a year now.
During the preparation of the year end I did find that there was some stock sold off the market by the previous management. That was around 75 million shares. I believe that has all been moved now.
There was a finders fee paid with stock back in the fall. That was for 15 million shares and we believe very strongly that was being sold aggressively today.
I can't control what the market does and who sells stock but I can help move the company forward and out positive news. We are on track and the company is moving forward faster then we expected and hopefully with all the news we are going to put out the market will react positively.
As a side note I did see that ETRADE was the big seller today.
Hope that helps.
Looks like things will be moving along shortly...
"We now have to notify FINRA to request a new trading symbol. The FINRA application will be going in mid next week and we will advise shareholders when the new symbol will be taking effect." continued Mr. Smith.
You're welcolme!
MO,
I understand this is all you opinion, but your only focus here on AUCI/Rangemore is a reverse merger or reverse split.
Well, the merger is done and as to a R/S please see link below because that question was asked and then answered on 3/28/13 by Richard Smith.
If you have any questions as to what "current" means or a "rollback", please send him a personal e-mail. At best, these posts are becoming redundant...
"There are no current plans for a rollback".
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86205096
I'm shopping on line for mine.
Want to get one that's newly anointed by a famous witch doctor in New Orleans and comes with special pins....
Hope fed x can deliver by early next week - lol.
Excellent Post....
Thanks Chief.
$AUCI...
Okay, yes that too - lol.
But next year, when we are both here, sitting at 0.05 and the Christmas or Easter holiday comes up, you have to remind me to get ready to load the boat at 0.03.
Missed today....!! Darn.
$AUCI Ah, the holidays - forgot about that.
Lots of folks cash out positions.
Don't like holding over long holiday weekends.
Time to get in and hold on...
$Auci...
I know, been there done that - lol.
Not this time though.
I don't see a problem with the 14's falling -
Chart is shaping up beautifully.
Get some nice buys in at the 15 range and with the news headed our way, we're off to the races. Oh yeah!
$AUCI
Thanks for that!
$$AUCI
She has some baby resistance out there at 15.
Support at 13 - 14 looks like a comfort zone right now.
See there's a few rogue sellers at 14 - lol.
Don't ya just hate that: when ya sell and news comes out and it fly's.
On a 5 day...
MACD even
RSI - up
Directional - up
Money flow - up and now holding
Slow Sto - down.
$AUCI
The past being this good, can't wait to see with the present/future holds.
$AUCI
Then, we could both retire wealthy...
$$AUCI
I just love the way she's moving now.
Saw the 13's gobbled - had a smile on my face my boss just didn't understand.
$AUCI
She just need a tiny little love push to get her to the top of that bad boy bollinger band- lol. Yep, we'll be on our way.
$AUCI
Chart is looking gooood!!
Thanks Tstorm,
I think so too.
Once the merger is completed, I have a feeling we are in store for some very exciting news.
GLTY
$AUCI
Good find Chief.
If this is one of the (3) Rangemore deals it could bring in some nice $$.
$AUCI I agree.
We are beginning to piece together what the company has in store.
Imagine what we don't know yet. From the abyss to the phoenix!
Exciting times indeed.
$AUCI TS from the longest shareholder to the shortest shareholder, may we all greatly profit.
Given the company's current plans for this venture,we may all be enjoying the consistent rewards for months to come. IMO.
GLTY
$$ AUCI.. You're right It is attainable.
And, in my opinion, in the near future.
$100K could make a difference in ones life.
Buy low, sell high, play smart.
ditto that!!
$AUCI
Nice
“This is the first of three negotiations that we are currently closing” stated Mr. Andrew McLaughlin , President & CEO of Rangemore.
Royalties, royalties.
Very nicely put georgie and thanks so much for the chart.
$$AUCI
Exactly!
$AUCI
Thanks SD - I have a feeling the company has a plan, and we investors are only seeing the beginning of it here with the promo's.
Remember that old saying, it takes money to make money. I have a feeling once the promo guys are done cashing in - awareness will remain.
The company will reveal their steps along the way and it's up to us to ferret out the goal. However, I do have a feeling new management is in it for the $$ and that will be very beneficial for us shareholders in the not to distant future.
GLTY....
$AUCI
Hey JSL, yet I agree, and here's my thinking on it...
For the last several years AUCI has been a relatively unknown or ignored stock. Let's face it, AUCI has been just plain boring and a good analogy of the pps can be compared to watching paint dry.
The new Auci/Rangemore team has come in with guns blazing, giving us a very good overview of where this company is headed. Albeit it's taken promo's which do have a certain down side, but on the up side it has created investor awareness. When investor awareness is present it remains for a certain period of time on watch lists.
With that said, I am hopeful that the promo guys have received their fair share and it's now time to let market awareness pay off for shareholder who would like to see actualized gains.
In the next few week, we are anticipating name and symbol change and merger news; shorts will have to cover. The steps Auci/Rangemore is taking now will speak to profits yet to come. Financials will need to back this up. It may not be a flippers dream, but PPS will go higher and once past the 52 week high, I think we'll realize that a penny or more is possible. IMO
GLTL
$Auci
Glad your out of jail TS - lol - missed you.
$AUCI Outstanding DD Sterling,
Thank you so much.
GLTL
$AUCI Awesome picture!!
GLTY!
$AUCI Hey JSL,
All stocks run in time; and now, with name and symbol change and merger, this would be a good time for AUCI.
With the ease in which Auci can run, if a few groups did get involved, there would be a lot of money to be made here.
GLTA
$AUCI
And, it's always a good thing to keep shareholders informed.
I remember when we couldn't get news out of Auci for months at a time. I'll take this over the void any time.
I'm one who likes to see how a company progresses.
This 1st phase - the marketing phase of the plan - is solid.
A company can not generate revenues until it has clients, and can't generate clients unless it gets out there and makes the connections. Sounds like that is what they are doing.
Put this together with Bklynboy 56 assessment of the industry and it looks like Auci/Rangemore is going places.
$AUCI
Haven't seen trading like this in a long time.
Energy is back in AUCI.
Go Auci
$AUCI
Just a matter of time...!