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.
Thanks! I am confident that those billions are not in the public float. Maybe those billions will convert to the advertised 100% prefered shares (control block).
Did you confirm that the name here is the same person.
Here! Here! and Cheers to that!.
I have not heard any mention of a 911 trade being anthing else but news. There is no source for this, it is only mentioned by experienced IHUB members.
There are no viable sources when it comes to mm activities, but it is no secret that they have signals.
It is ussually a mm signal of pending news worthy developments expected and to hold the trading range.
I was watching the close for that candle and the market denied the reversal action with a 911 final trade matching the previous days close. Any explanation?
Time here is not on the side of the bears, The more we trade sideways the more we gain strong hands.
Profit takers are likily winding down as each session closes. I think upside pressure will remain constant.
The amendment date for authorized 6 billion does not match with the recent changes with new management. I think that was just done to attract a shell buyer with plans for toxic financing. They could not have known back then that these new very successful directors would be the candidates for a buyer.
I believe the share structure will match the behavior of how the stock trades. I have not come across any restricted shares, so! the recinded shares must account for why the stock trades at a very low share structure.
Thanks! for that JR, but strange that they would reinstate before closing.
Those R/S are ugly! I think you will eventually have a gain on this one.
We will have to wait to know the true share structure, but my estimate of ss matches the behavior of how the stock trades.
Go to otcmarkets.com under filings and disclosure and read supplemental information for nov 16 2009 and note the mention of recinded shares returned to treasury as a result of the recinded merger.
When I researched MonArc's last reverse split for 1/1000 would likily put us at 210,000,000 issued and outstanding, and 150,000,000 public float. I think the billions in question were the recinded shares returned to the corporate treasury as reported in past filings.
I Think the bearish trading action today was a trick to make us all think that the price was going to have a technical bearish inside out reversal that was thwarted with the final trade. Some big players were fooled.
"YES" very refreshing.
I've never been in a micro cap like this with such super fundamentals. When the company announces it's plans with MonArc Corp., It will be very interesting to see how furious the market trades this to higher levels.
The new mm will likely be a seller as the price rises just to clear what they hold. No Worries!
I also think the new management see themselves as becoming a billion dollar multinational. They have a proven record to do this, "period". The new management alone is enough for me to go long here.
I think based on how this stock trades that there is only 210,000,000 shares issued and outstanding.
The new management alone is of great value.
That was old management. No worries with the current president/CEO.
The authorized share count lowered along with your assumption would be excellent.
I think the company will do a share buy back, or cancel shares in treasury. This would make MonArc Corp. a lot more appealing to investors. All in due time!
The new management for MonArc Corp. will want the stock that they now own to reflect the real value that they worked hard to achieve at FlexPower. So! with FlexPower as a subsidiary to MonArc Corp., all revenue and assets are reported on MonArc Corp. balance sheet. Just imagine! how big the account's will grow for the management. I think we are "Golden" here Folk's.
Thanks! for the post "jkcrossin". The candle is officially LIT.
"NICE CHART" Thanks! muga
VOYT .0004
I think it's worth the risk at such a low price, and the interm CEO seem's to be clean.
http://www.businesswire.com/news/home/20120131007107/en/Redwood-Capital-Group-Gemini-Partners-Merge-Announce Here's a link that is worth reading. I think Nathan and Matthew Johnson may have plans to bring Redcapgroup public. What better way then to reverse merge into the Voyant's share structure. So my question is what is Redcapgroup worth?
You must mean when the share price rose from .02 to multi dollars during the late 90's. Some! lucky traders were on that ride, but I was not lucky enough to be in the markets back then. Only a few people will ever know if that will happen again. Good Luck!
I think you may be right! The share structure of this shell company has value, and the one's who are in the "loop" will want every possible share that will come their way. I think the float is locked up right now, and the only way to accumulate is to raise the $bid$.
FWIW... It appears from the most recent filing that the Outstanding share count is 122,861,366. There clearly is no heavy Dillusion in play here. This is likely because of a new equity finance agreement with Asher Enterprises. The CEO reversed file 15, and depending on the agreement the authorized shares available will be amended "once again". Patiently! waiting for the next developement.
A technical analysis of the recent trading action was my "CLUE". Your info. is greatly! appreciated. Thanks!
Right on! olandug The biggest fear is heavy dillusion, but it appears to me that the increase in authorized shares is just the ceo protecting his control of the company.
Looks like Asher Enterprises wants IFIX to Succeed. Good deal!
The company will save money on filing expenses. This is a big deal for smaller reporting companies.
The sec. filing today may be a positive for the stock, as it may be possible that dillutive equity financing from Hyde Park financing will be canceled. The market makers may now have to reverse their position on this, and put the price near current book value. Current value is .0733 as per Bloomberg. Found at this link http://www.bloomberg.com/quote/IFIX:US