Ultima ratio regum! give me oysters and beer for dinner every day of the year.
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That 8-k is horrible. I dont see how anyone would be interested in buying at this point with massive dilution followed by a reverse coming.
"In connection with the merger, the then current president and sole director of the Company, entered into an Exchange Agreement, under which 10,000,000 shares of the Company’s Series A Preferred Stock and $170,146 of its indebtedness to him were exchanged for its secured promissory note payable to him in the principal amount of $260,000" So it looks like the note that is now made convertible was payment to Mr. Astrom for the shell. Good to see that Mr. Astrom can now convert the money "owed" to him at a 60% discount lol.
BTW Mr. Astrom is infamous in the penny stock world: http://investorshub.advfn.com/Astrom-Syndrome-ASTROM-9024/
A reverse is being mentioned must mean that some major dilution is expected by management form this new arrangement...
I think I will be staying away until after a reverse...
if it drops below .20 could be a good time to pick some more up...
Only natural to see some profit taking on a friday after the week oslh just had.
Someone not liking GACR (ihttp://www.thestreet.com/story/12527306/2/investors-should-beware-of-citron-research-plug-power.html see page 2.)
long term potential here waiting to see that next 10...
I want to like you BZIC, i really do but that kind of volume on a news day is just sad...
Yes, definitely need some follow through from management but IMO more news will bump OSLH up in the short term easy. I have been following this one for a few years now.
The management team has been with this one for a while and appear to be trying to build a company for long term success.When they set goals for their equality rewards program in 2013 they seemed to meet them and IMO the equality reward platform is very interesting (even if i dont completely understand it lol).
IMO the marijuana thing seems pretty legit. They filed everything in a 8-k which also had some other great info in it (management giving up conversion rights and debts for $.50 warrants and a large note holder setting a min .50 conversion with .25 warrants. Link: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9843581) and from what i can tell the Natural way and its principals appear to be pretty reputable (some links i found on Matthew Cohen, the proprietor of the natural way: http://content.time.com/time/video/player/0,32068,71343628001_1971484,00.html and http://www.jewishjournal.com/jews_and_pot/article/pico-robertsons_pot_prince_20101027 )
Naturally seeing all of this going on with a stock that a few weeks ago was trading so low is very exciting. Part of the craziness i think is a result of a tightly held float. I would like for the company to tell us more about the marijuana plans and equality rewards. If they tell us more i think we can see even larger gains (i know i may sound naive but if anything this crazy week shows that even huger gains are very possible IMO).
Volume has been very weak around here and the company has been uncharacteristically quiet lately. Fingers crossed for some big news soon...
No the two are very different. A shell company typically has no or limited assets and operations. Shell company is a term that the SEC uses most notably when discussing free trading stock through rule 144. A holding company is basically a company that's business consists of owning and or controlling other partially or fully owned subsidiaries. Holding company is not a term used by the SEC for any real reasons of importance.
Touche. But what I am saying is when it went from .05 on Friday to .10 on Monday with huge volume it screamed short territory and im sure there were a lot of shorts. When it went from .10 to .15 on big volume it screamed short territory once again and im sure there were a lot of shorts. Now it is over .20 and it is again screaming SHORT TERRITORY but based on what has been happening here all week im going to say that OSLH will continue to run. And if OSLH's share price continues to rise while all of these mms and off shore shorts are selling shares, that they dont have, guess what happens next... Huge short squeeze!!!
Now i might just be being overly optimistic but based on all of the craziness here this week i think that most short would be pretty careful before jumping in (if they haven't already gotten burned).
All of this of coarse is just my humble opinion.
GLTA and go OSLH
"this is short territory" - that's what the shorts have been saying all week yet they continue to get burned. Too much buying and too few shares being sold.
One press release this week and over $6 million dollars in trading and a 300% jump from last week. Cant wait to see what happens with another announcement...
Exactly. If this was a P&D everyone that bought a few weeks ago at .01 would have definitely been selling and bringing the price down at .15. But no OSLH continues to rise. .01 to .15 is a huge return but everyone is still holding bc they know this is going BIGGGGG!!!
About to jump imo. MSPC .005 target... at least
BTW, any promoter that has been solely covering mj stocks doesn't count lol...
Anotherday, Im truly sorry for you, my friend, that you only got out with a small gain. This thing is going much higher IMHO. There are absolutely no signs of a P&D. Look at any source that tracks promotions and you will see that OSLH hasn't had any paid promotions recently. The price swings that have been occurring are just what happens when a stock with a tightly held float experiences a lot of big new buying. Old shareholders will take profits but with this kind of action the bulls will win out IMO.
This thing is going much HIGHer IMHO.
GLTA and go $$OSLH$$$$$$$$$$$
Their product is Equality Rewards...
check out their website.
http://equalityrewards.com/
GO OSLH$$$
I think the size of the LGBT population in the US is a little larger than 3% (google said 5-10) and I also believe that LGBT people generally have more disposable income than the average population which makes them an attractive consumer demographic. Based on previous press releases i also dont think that OSLH is solely focused on gay people but rather those who support gay rights or equality. Im not sure how the recent mj announcement will influence things moving forward but i think that the LGBT approach was/is certainly very interesting.
From what i can tell the plan is to make money through their Equality rewards platform. It launched in California in june ( http://finance.yahoo.com/news/osl-holdings-equality-rewards-successfully-122300433.html. Im not 100% sure how it works and i haven't been able to give it a try, as i am on the east coast, but on the website it says that "Equality Rewards™ Enables the LGBT and the LGBT Allied Community to Drive Change though Shopping". Part of yesterday's announcement was that Natural Way was going to start using the rewards platform.
OSLH made some announcements last year about partnerships with LGBT non profits that they would be donating a share of OSLH's profits to (http://finance.yahoo.com/news/osl-holdings-partners-los-angeles-121000115.html.
Part of what i think is exciting about this stock is that they are try to capitalize on two major trends in the U.S. right now, Gay rights and the legalization of medical/recreational marijuana. More news and more eyeballs should cause OSLH to go much higher IMO.
Check out some of their previous PRs. Their a little confusing but definitely interesting.
Agreed. The market doesnt seem to be giving the stock enough credit for the acquisitions. $7m in rev from one acquisition and i am assuming there is additional revenue from the other. Im looking forward to seeing the next 10-q. Maybe some dilution keeping this down...
Going much HIGHER!!! IMO this is just the beginning of a huge run in the coming months. Here is why: 1. Based on the 8-k management thinks its going to at least $.50. 2. Increased buying last week and huge buying yesterday (which should make it easier for management to raise capital if they haven't already since their last 10). 3. Tons of Marijuana stocks out there with higher market caps. Many of those other stocks dont report to the SEC and dont have news relating to relationships with people proven to be in the industry (Mr. Cohen). 4. Heavy shorting from market makers who will eventually need to purchase real shares to cover (MMs sold over 5,000,000 shares yesterday that they didn't have). 5. OSLH's Equality Rewards which is focusing on the LGBT market. IMHO if OSLH can successfully execute its plans (which are still a little unclear to me) in the LGBT market this thing can sky rocket. I cant find another stock out there trying to monetize the LGBT market which is huge. Check out some of the older PR's and filings.
OSLH plenty of room to run. We will see this thing much HIGHER in a month or two IMO.
GLTA
GO OSLH!!
MMs have been shorting this thing like crazy for the last week...
1,000,000 shorted between .09 and .02 on the 5th and over 5,000,000 yesterday.
http://otcshortreport.com/index.php?index=oslh&action=view#.Ux8ocz-wJgA
I've been following OSLH for a while. Tightly held float results in the volatility... Look at this things chart. Wishing I bought more over the last couple of months....GO OSLH!!!
Some info I found on OSLH's new partner Matthew Cohen of Natural way.
Time video interview:
http://content.time.com/time/video/player/0,32068,71343628001_1971484,00.html
Jewish Journal article:
http://www.jewishjournal.com/jews_and_pot/article/pico-robertsons_pot_prince_20101027
I wonder if all of the turmoil in Venezuela is going to effect MSPC...
Check out this 8-k filed by OSLH today. Looks like great news.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9843581
Management is waiting for $.50 for more shares and a large convertible debt is pushed off until $.50.
Looks like management thinks this is going a lot higher!!!
OSLH all systems go. Clear for take off.
WOW. Something happening here. What it is aint exactly clear.
Solid as in they have announced the sales of some of their units and have other projects in varying stages of development. They also have aggressive growth plans and if they complete any of the hotel projects mentioned in previous releases that is huge value. MSPC hasn't traded at .0002 (52 week low is .0004). Some one wanted to sell shares so they paid to have some IR done its that simple.
I have to agree with Blaze. Every penny stock out there has had its share of paid promos. It is sometimes harder to tell who is behind it and what their motivation is. MSPC has solid fundamentals and imo long run investors will be rewarded.
Anyone know what is going on here?? Cant find anything about this being promoted but there is something happening here...
Time will tell but could definitely be a good time to get in. 52 week low and i just looked at the company's most recent 10-Q and from what i can tell there haven't been any shares newly issued for under .01. I dont know where the selling could be coming from but this thing looks like it could be a quick gainer with some news from the company or some more eyeballs on it.
I see what you are saying. By the way it is worded it looks like they are talking about the VWAP on of the 5 days before the 15th.
Seems to early for the investor to try to drive down the price not to mention they could have sold a lot less to drop the price. There must be a better explanation. No?
Not sure if that explains the big selling today.Looks like the investor only got 50,000 shares valued at .01. This company has been very quiet lately. Could be a good opportunity to pick up cheapies or a sign of more selling to come....
Nice start to the day here. Lets keep it going. GO MSPC$$$
Where is that momentum from yesterday??? I want another green day!!!
Looks like we will be hitting seeking alpha's .04 target soon. Sup penny from there??
Ps.
Who is going to purchase GACR bonds?
It has definitely been exciting short term over the last few months...
IMO GACR has yet to prove it has long run upside potential. Hopefully management can take advantage of the current interest in the stock and leverage that to provide long term growth.
For now it is a short term play IMHO.
Its nice to see big volume but if the price doesn't increase what is the point. Just an opportunity for a large share holder to dump some shares...
Let's see what happens here after the pump...
Big volume today!! Let's see if this thing can turn around..
falling fast
you certainly can short pinks. Have you ever heard of the infamous timmy sykes??
someone is shorting. look at the short report:
http://otcshortreport.com/index.php?index=cgra&action=view#.UrdCGdJDvkU
recently the big volume seems to bring big shorting.