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The market will adjust the price.
By the time the stocks are distributed the price will reflect the addition of 9 times as much stock on the market.
Have you ever heard someone say that was factored into the price...
Come June 1st the split will be factored into the price.
TN
The market will adjust for the split starting at open in the morning.
I could not have said it better.
I noticed Friday there were a lot of people saying you would get the split all the way up till the first... I just wanted to let them know what I thought would happen, and trying not to make any enemies at the same time.
I thought at the time that there were a few people on the board that may have been trying to mislead some of the peeps here.
Friday we had a conversation an I noticed we agreed on how we thought this would play out.
I think split or not this will be a money making machine, and the mgmt seems to want the pps to rise.
Good talking to you again.
Have a good night.
TN
See post 3240.
Friday I was trying to tell people the same thing you are.
Friday was the day of record and the shares will be distributed by the 1st.
Boy am I going to get slammed for this!
Ok... The confirmation came from PCS not ACLH, according to what you say. I think PCS has a vested interest in keeping the PPS as high as possible. I'm not saying they are not telling the truth, just saying they would have a motive to.
Now the brokerage companies that said there would be a reverse split have no dog in the race.
The truth is I never heard any broker say RS... and I think it is BS, but using PCS as the final word is not the final word I would like to hear they have a vested intrest.
Peace
TN
Last post of the day for me I'm all out.
GGGGGGGGGOOOOOOOOOOO
CMSI
Good luck to all.
if I ruffled some feathers I didn't mean to.
Lets all make a lotta money.
TN
Bingo...
We have a winner!
Thanks
TN
Read it inside and out still don't agree... cut and paste.
I hope everyone holds.
But i hear what your saying, just would like you to show me.
TN
Agree, nothing in the release said restricted...
I was just giving a little info on some of my previous splits.
TN
Where do you see you must hold till the 1st.
Could you cut and past that for me I can't find it!
TIA
TN
I am not sure exatcly what your saying.
If you OWN the shares at close today, you will get the dividend.
TN
PS I am about out of postes (free account)
Your 3000 will become 30000 9 for 1
3000 x 9 = 27000
27000 + 3000 (your original) = 30000
Date the shares will be issued per the press release is June 1st
TN
Today!!! Get in or miss the forward split.
This is the deadline (date of record) if you don't own by close of market you will miss the 9 for 1 split.
Payout is on June 1st.
You have to play to hit the JACKPOT!
This from the split press release.
Here the terms, other then 9 for 1 and the date of record and the date of dividend, don't say restricted.
The market will decide that.
On the 1st when you get your shares them and all your shares of CMSI will be valued at 1/10 of the previous day’s close.
Then depending on the price of the market they will move up and down with your other (original) shares.
If they are restricted for a period of time (say 1 year) then you will see the shares and they will have no value till the end of the time frame. And you will not be able to sell them.
If they are not restricted they will have the same value as the original shares and you can sell at your leisure.
This is all dependent on the terms of the split.
TN
And so am I, but I have been through a split before.
That's why I was interested in the terms.
Like I said I am a share holder and we are gonna make a lot of money!
Thanks, not questioning the split... and by the way I am a share holder.
Just want to understand the terms of the split.
So you are saying that they are not going to split all shares only the ones on the 1st.
I have been through several splits and this is new to me.
Can someone copy and paste where it says they will only split the shares held by the owner on today’s date if they are held to the 1st.
Never seen it done like that... but there is always a first for me.
TIA
TN
Question? If I sell Monday, who gets the split shares?
Noone... Me... the person who bought (then todays date wouldn't matter)
Think about that.
Your broker is a MORON!
That's the way it is with pinks, play the momo or just go to the big boards.
I still have more dry powder, everytime it makes a new low I will be buying.
Thanks guys got some at 38
Shure do... I got in at 41 never thought I would get that today.
21 X 29 looks like it may gap up.
I went to google finance looked up the ticker and went to recent news.
There is something going on here!
That said, with the volume spike this morning for no apparent reason, we went from a few hundred thousand to around 35 mil in volume.
That wasn't front loading for a pump and dump that takes a few days because they don't want to push the price too soon. They will tell you volume before price, that volume is them loading.
This went up because whoever wanted shares bought at the ask, because they just wanted in maybe knowing something was on the horizon.
I could be way off, but that's what I think.
Give me your opinion.
TN
I understand how you feel. The next step is up to you, sometimes we sell to soon for a loss when if you held you may and usually can get at least your money back if not a small profit.
That is not advice just an observation.
I am holding and will continue to!
TN
With the info Phil713 and the info from the press release of Oct 2008...
Thursday, 12 Feb 2009 03:06pm EST
Kronos Advanced Technologies, Inc. announced in its Form 8K that effective at the close of business on February 13, 2009, Richard F. Tusing will be resigning from all positions at the Company, including as a Director. Following the effectiveness of Mr. Tusing's resignation, Barry Salzman will serve as acting President, Treasurer and Secretary of the Company.
Kronos Advanced Technologies, Inc. Announces Changes To Operating Plan
Thursday, 9 Oct 2008 09:23am EDT
Kronos Advanced Technologies, Inc. announced that, following receipt of a notice of default by AirWorks Funding LLLP, one of its secured lenders, and in light of the lack of near term revenue opportunities, the outlook for its product development effort and lack of funding alternatives, the Board of Directors, with the concurrence of the independent committee of the Board, has determined that it is necessary to curtail operations and reduce its workforce to the fullest extent necessary in order to conserve remaining assets and maximize their value.
Here you are.
TN
Those that bought this morning and pushed the price to .005 aren’t selling, it's moving down on low volume.
My guess is some who owned from cheep getting out with some profit. Maybe selling half and riding free now, smart.
All just MHO.
TN
Large buys this morning, then just us that have no clue about what is going on but follow the money.
The buying was no fluke. Someone knows something and something is up. Guess we just have to wait and see. I wouldn't want to be out when it hits because this runs to fast to chase.
Good luck
I'll be here to see what's up.
TN
And it's not a pump and dump... looks like something is up!
P&D would have been on other boards and have been preloaded (volume goes up and price stays the same till loaded).
KNOS take a look up 290%
KNOS take a look up 300%
KNOS take a look up 290%
KNOS take a look up 290%
I would like that.
Your right... ya never know.
WOW it doesn't take much to push this up!
It doesn't look like front loading for a pump; they don't want the price to go up till they are all-in.
Someone or a group loaded this morning and didn't mind paying a premium and pushing the price up. Like they expect the price to go much higher.
Someone knows something, and I bought my tickets to ride...
This will get a lot of attention soon. Speculators will run this higher. Then if something is up (and IMO has to be) news could send this much higher.
TN