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As a current investor in CBAI and considering what awaits us in the near future namely the reverse split, I am not pleased to hear that spending / buying by this company continues. It is inappropriate at this time, IMO.
I remember and I also remember somebody saying his response to questioning by the shareholders was something to the effect of 'You owe me that much.' Guess we owe him this R/S too.
I didn't realize that the wife was the former President and COO of CBAI. Time to put my boots on because it's getting deeper all of the time, lol.
Of course, that agreement was from a few years ago. What position does the wife hold now? Does she travel with the CEO on his multiple business trips? Do they travel 1st class or coach? Personally, with no profits to be evident at this stage I surely hope it's coach.
Excessive seems to fit the profile, IMO.
The CBAI post R/S add on of shares will cut the new PPS almost in half. This happened to another of my stocks this year.
Pre-Reverse Split trading at a little less than where CBAI is trading right now.
Immediately following R/S on this other stock, PPS went to 0.48, then, add-in 100mil shares a few days later and ending PPS was 0.22. This cut what I expected PPS would be by about half. However, the asking price was 1.35 for a couple of weeks with nadda takers it now has dropped its ask down to 0.35.
Depending on where CBAI is trading at the moment of R/S will determine what the PPS will be. If it is trading where it is right now, it will come in at about 1.00 give or take and I expect a little less really, BUT after a few days then add-in shares will kick in and CBAI will be lucky to be getting 0.60 PPS. Though, I am sure the ask will be somewhere close to 2.00.
I was thinking we wouldn't hear anything until mid-April, but sooner would be better, IMO. Absolute silence is GOLDEN!
What money was made? Looking back several months ago into AVTI just think if you had bought literally millions of shares knowing it was going to be pumped up like it was and, then, once it hit 0.0038 you started selling, as happened, you could have made a lot of money.
Honestly, there were only a few, uh, "investors" that played AVTI, but many were sucked into the frenzy of it. That is the way it always goes and it happens everyday leaving unsuspecting bagholders in the wake.
Certain stocks are targeted and days before the pump begins the buying ensues so by the time the pump starts some "investors" are fully loaded and ready to dump as soon as the excitement draws many others in. By the time the late comers realize what is happening, it is already over and the "investors" have moved on.
So, the next time you are in a stagnent stock and suddenly one, two, three, and more never posted on that board before show up it is a good sign if you are already onboard. If not, beware because any real proceeds will be realized very early in the game just like AVTI.
Of course, this is only my humble opinion. Let AVTI tell the story for you. Just go back all those months ago and retrace it, you will see.
Seems that whatever has happened the proper form(s) were not completed. OR, the filing got ahead of the forms, etc. Looks like it will take some time to sort out.
CBAI made a lot of folks believe in the gem among the sea of fool's gold. Turns out that CBAI isn't special. After the R/S immediately there will be a significant PPS increase, then, increase in A/S will dramatically reduce the PPS. After all of the selling subsides, and there will be loads of selling, the PPS "may" be around 0.44, IMO. This one will wobble around and before a year is up it will be down to probably less than a dime, maybe sooner. To sustain and gain a company must show positive revenue. Looks like continued buying is on the menu though. All my opinion, of course.
I looks like Ault and Graham are back over at CoreStream according to last nights (Feb.21) PR from there. Maybe we will here something on the AGEL front this week.
In addition to Mr. Sonesen, the Board of Directors of CoreStream Energy, Inc. has appointed Milton C. Ault III as a member and its Chairman and as the Company’s CEO and President. Mr. Lewis V. Graham has been appointed Chief Operating Officer. Mr. Graham continues in his capacity as the Corporate Secretary.
The article regarding the Duke study proved the camera's work. They accurately predicted 5 of 5 potential pressure sores. While the used for decades Braden Scale predictor model only got 3 out of 5 right. Clearly, the camera is the future of detection and prevention of pressure sores. I get it and I am thinking there are those that have the means get it too.
I am starting to think that most of us have a few loose screws messing around with these pennies LOL. Hopefully, UWRL will come back to life in short order.
Companies with tactics similar to GDTK are causing a bunch of stock investors to begin looking elsewhere for investments. Hearing the same sentiment all over the boards lately.
Seems that even the most experienced of traders are having some problems too. Though there is money to be made, the scum is getting smarter or should I say, more sophisticated, at their games. It spoils a lot of the fun for many of us these days.
Realistically, I am to the point I won't even look at a triple zip anything any longer and the double zips are starting to tick me off too. Heck, now that I am focusing on a penny or better, it won't be long and I will be in the big exchanges for sure LOL.
You know how Monday's go even if it's Tuesday. I believe EMXC will have a nice upward spike early, then, we will see how the EOD finishes. Will it GAIN, HOLD, or LOSE?
I do not see too many takers on a stem cell project like this if they were well informed. Who on earth would want to go through another round of mastectomies and chemo? Just like a person with thyroid removal due to cancer quite often has the thyroid grow back and it is almost always cancerous, as well.
the concern is that you don't re-stimulate the cancer cells
Yes, you are right. GDTK with their PR campaign made it appear like they were set to launch in a very short period of time and I do mean SHORT PERIOD OF TIME. As in, days or a few weeks at most.
Now, GDTK looks this way, but several months ago? I must admit GDTK does know how to launch a very successful PR campaign. Pulled me right in along with many others lol. Hind sight is always better and I do prefer for my long term investment stocks to be in a bit more secure exchange environment. Guess a lot of us are long term in this one like it or not. Of course, there is always the tempting market sell, but with a triple zip stock not worth the effort, IMO.
Alright, have a good laugh on me. The moment my eyes flew open this morning, it hit me and I don't really know why since I have pretty much written WLSI off as dead, IMO. I have always found it too strange that WLSI has gone completely silent since the article was published. The outstanding possibility was plain as day this morning. Perhaps WLSI is in a merger process. It would certainly require an extended period of silence. Just a thought.
Wondering if anyone was a shareholder with CBAI back in March of 2009 when the special shareholders meeting was called for the purpose of voting on the increase in A/S? At that meeting it was approved to increase the A/S of common stock from $950 million to almost 7 billion. Then there is 2008 when CBAI held a shareholders meeting to raise the A/S from about 42 million to 950 million.
Huge jump there, IMO, that was approved by the shareholders. Anybody part of that and if so, how did it go? I mean, was everyone gung ho for it?
It would serve no useful purpose for the shareholders if GDTK were to do an R/S anytime before they are operational, IMO. It could, in fact, do more harm than good in the short and long term for GDTK because current and future shareholders would lose trust in the future prospects of this developmental company.
No good can come from a start-up company that has nothing to generate revenue, but an R/S and this usually happens when the company has diluted to the max. So far, lots of talk and promises, but as it is this could all disappear in the blink of an eye right along with the shareholders investment.
Of course, this is all just my opinion.
Seems there is anticipated news. Would this be from the 10Q in December that stated the company was in negotiations with three companies? Or, is there something more I have not seen? TIA.
Hours, lol.
Love that word "IMMINENT." Great feeling about this one. GO USOG!
GWAY was around 0.02 when the R/M news hit and shot it up over 18000% to over $5 / per share. Of course, that didn't last long. However, it is an excellent testament to what a good shell can yield from a R/M with a good company. We can hope the same will happen with BGTH.
Agreed! AGEL looked very promising early last summer with the "JV with major banking institution PR's," but then it just went away and we never heard anything else about it really. I feel something is on the horizon with the board member changes, but nothing so far to get too excited about,IMO.
It truly is a great time to buy right now because these things all eventually run just how well it runs remains to be seen, IMO. This one could very well end up being an OTC diamond, IMO. The one we all search for in this land of Pink Sheet stocks yielding extraordinary returns, IMO.
AGEL has a ridiculous share structure. With an A/S of Common Stock being about 16B, I definitely see a R/S in our future. No way around it because the A/S is just too high, IMO. AGEL has done it more than once in the past and won't hesitate to do it again. If we get lucky it won't be too bad for the longs on this stock. There seems to be a flurry of R/S's taking place right now. So, I expect it along with adding in more A/S post-split. The only way to offset something like this is to buy, buy, buy, IMO. We can anticipate good news along with bad, IMO. There will not be a buyback, IMO. This one will remain at $0.0001 until that time comes probably in the near future. All my opinon, of course and I remain long on this one.
I put a small order for AGEL today of 350k and left the AON box unchecked. We will see what happens. I am just curious too. It goes against my "norm" to leave that AON box unchecked LOL. If it doesn't fill my thoughts are one must hit the nail on the head of exact number of shares the MM has to offer at this time.
Interesting article regarding what private companies are looking for in a shell company to merger with. I have been a little skeptical about what is happening because AGEL is not a shell. Come to find out, some private companies want a public company with "some" business activity.
There is a lot more that goes into it than I realized. Obviously, with VM onboard much of their DD has already been done, but there is more and it looks time consuming. It may be sometime before we hear anything, but I hope not.
Finding the right shell
All of that "black volume" we have seen over the past couple of months raises a ? Do you all think that maybe, just maybe that has been buybacks? Sure has been a lot of it. If not, then it has to be private equity sales taking place, IMO.
I feel like there could be a tremendous buying surge for CBAI leading up to this vote for those wishing to offset this looming reverse split. The bad thing about it is with the current share structure in shambles as it is makes it seem like a complete failure to event attempt, IMO. The odds of this turning out favorably is minimal, IMO.
Anybody planning on surging ahead and snatching up all they can get before the inevitable transpires?
This R/S will happen and the shareholders meeting is just to humor us all, IMO. The CEO obviously has his mind made up and will proceed regardless of shareholder sentiment. After all, the current investors are okay, but aren't the way to profitability in the CEO's eyes.
Investors, we have a problem and the R/S isn't / or shouldn't be our biggest concern. Time to seriously focus on this CEO of CBAI and determine if CBAI would be in the same condition right now if a different CEO were in place. I am questioning this person's rationale at this point. He's acting like a shopaholic that just can't stop even for a few months, IMO and will drive this company into the ground before he ceases.
True, we cannot change what has already transpired with CBAI, but perhaps we can change the future of CBAI and prevent more of the same degradation of the share structure. Continuing dilution is clearly what we can expect with the current CEO, IMO.
Matt is trying to help humanity why stifle him???
Appealing to the investors sense of humanity is an emotional play, IMO. Matt is a businessman and CBAI is all about business. This proposed R/S, change in share structure, etc. shows the only concerns here to be business matters, IMO.
Agreed, it would seem that more ongoing buying is planned as CBAI's CEO said in his "explanation." The CBAI CEO needs to put it on hold for awhile, IMO. I get that CBAI should move forward, but it would be much more prudent to slow down and reduce expenditures, IMO. The company needs to fix the problems they have created. The fix is not a fix, it's a bandaid by sidestepping the real issues, IMO.
Realistically, not only are potential investors going to look at the share price/share structure, but they are going to look at company performance and there is none so far,IMO. Matt is blaming CBAI's inability to acquire new and better investors on the share price and share structure that CBAI created. CBAI has done this to themselves,IMO. So, of course, the current investors must take the hit. This alone tells me more dilution is practical and planned, IMO.
By adding in about 89 million A/S immediately following the R/S the dilution has already begun!!
Take a look. It does not add up per my calculations. When is CBAI going to throw in between 30 and 40 billion more in authorized shares? Or, are they already there? It would have to be about 50 Billion to end up with 100 million shares when all is said and done, IMO.
From OTC Market Company Information page:
Share Structure
Market Value1 $18,216,205 a/o Feb 11, 2011
Shares Outstanding 5,692,564,026 a/o Nov 09, 2010
Float N/A
Authorized Shares 6,945,000,000 a/o Jun 30, 2009
From Form Pre-14A
Post reverse split proposal of 1:500 :
“The number of authorized shares of Capital Stock of the Company shall be 100,000,000 shares, of which 5,000,000 shares shall be Preferred
Stock, having a par value $0.0001 per share, and 95,000,000 shares shall be Common Stock, having a par value $0.0001 per share.”
Now a little calculation:
100,000,000 (post-split)authorized shares X 500(pre-split) = 50,000,000,000 (Yes, that is 50 BILLION)
From November 2010’s 10Q for period ending September 30, 2010:
Preferred stock, $.0001 par value, 5,000,000 shares authorized, no shares issued and outstanding –– ––
Common stock, $.0001 par value, 6,950,000,000 shares authorized, 5,692,564,026 and 4,947,735,145
shares issued and outstanding, inclusive of treasury shares
Common stock held in treasury stock, 2,000,000 shares
From CBAI's CEO's explanation of the need to recapitalize the company:
"Our desire is to recapitalize the company, fix the share structure, and with a couple of things falling in the right place including a clear path to profitability, we believe we would enter into a higher exchange."
Yep, everyone should be offended in the way he referred to the current investors. It was almost like, 'We really appreciate your donation, now move on because we don't need you and only want those with lots of money to invest in CBAI.'
I didn't donate to CBAI, I invested and helped to keep this POS afloat, until now.
I see good news everyday when I open my portfolio and see my position with USOG!!! I love this stock!
What about the future? What do you see unfolding?
Agreed! I noted a strain in Matt's voice on several occasions going up an octave or two. CBAI is and will continue to be an OTC stock for a long time to come, IMO. While the current shareholders were acknowledged, it seems we are not really the caliber of investor welcome in CBAI any longer and Matt did a fine job of making that perfectly clear, IMO. OTC shareholders do not generally react too favorably to reverse splits, IMO.
In any event, this small R/S will do little to improve the overall share structure and they would have needed more like 1:50,000 to make that happen with all of the dilution, IMO.
This R/S is disappointing, but not surprising. CBAI has sat relatively stagnate for many months. When PPS isn't where the company thinks it should be, then, a Reverse Split is what happens. Unfortunately, CBAI has done nothing over the past year, but fluff away with their "voracious appetite",IMO. They have yet to prove their worth to the shareholders. If CBAI is having trouble moving the PPS, which is fact, at these levels just what do they think will happen at higher levels after a R/S?
Reviewing annual report for 2009 from the 4/2010 report shows that our USOG's CEO was making $10,000 per month at that time. For a small company to increase any salary by $2000 per month during the economic stress of the times speaks volumes, IMO. This may not seem like much to some, but to me it's a huge jump in pay. Very positive sign of things to come for USOG, IMO.
I am reading today of at least two other relatively inactive stocks that are reverse merging with much larger private companies. In at least one of these companies, the owner of the larger private company became the CEO of the publicly traded company just prior to merger announcement. One of these companies shot up over 18,000% when announcement was made just yesterday. Looks like it is the thing to do in 2011. We could very well be sitting on top of a gold mine here with AGEL. News should be coming soon. Of course, this is only my opinion. The prospects here are exhilarating to say the least.