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.
I am not really concerned about the timing of those shares. However I do not expect them to trade by Halloween, the information I post says 3 - 6 months so it could be a Christmas present.
Still holding my core position of MWIP only trying to play the ups and down a little.
Trust me I am not on here to blindly follow/listen to anyone's thoughts and opinions. I appreciate you posting that link which made it easy to do additional DD. This a great board to learn from so not sure why someone would try and BS others. Not my style.
Go MWIP
Thanks for the link. Here is what I found at that link and indeed it could be awhile before the 800Comm shares trade which I believe Turtle has already told us that. From the link:
SEC Rule 15c-211 was designed to allow non-reporting public companies’ securities to be listed on The Financial Industry Regulatory Authority (FINRA) Over-the-Counter Bulletin Board (OTCBB) by filing some basic disclosures.
Fill out our 15c211 Contact Us Form to learn more about FREE 15c211 filings or to find a market maker.
Companies seeking to obtain a listing on the FINRA OTCBB must be reporting companies with the SEC. A company who has filed a registration statement with the SEC using a Form S-1, will become a reporting company when the SEC declares the registration statement effective. Once the company is reporting, it is eligible to have a market maker file a Form 211 with the NASD. The 211 must be approved by the NASD, which normally takes 3 to 6 months, before the company can trade its stock on the OTC/BB. The NASD will require 40 to 50 shareholders and sufficient public float to approve the 211 application. The company's market maker must file a Form 211 with the FINRA and the company must have sufficient free trading stock in its public float to allow Rule 15c2-11. After the application is received by FINRA it will be assigned to an auditor to review. They will reply with a letter setting forth their questions and comments on your application and filing.
I don't know about malvern but I sold 30% of my holdings today after reading the PR. It sounded like the Chief was trying to keep the company name out there which isn't a good sign to me. I will be with you in picking my shares back up in the low .03s if we get there. I still think this will be great but taking longer than I thought it would.
Go MWIP
The reason for no volume because no one is willing to sell at .0002(bid) for a loss. And obviously sellers won't let shares go for less than .0003. It's that simple!!!! So your bargain basement comment makes absolutely no sense!
The response I received from investor relations was not signed off by the IR group so I have doubts on that post. However the wording posted in that post would be a typical generic response so who knows. I will be emailing them tonight.
Yeah I know tons of toxic financing. Clear that there is no end to that in site.
Wow Mr. Browne had over 6 BILLION shares available to dump into the market. Gee I wonder why this hasn't moved up after about 1.7 billion shares traded recently. Not a mystery to me!!
So if 3.75% of nothing is nothing. Then explain what happens if you have a penny and double it every day for 30 days.
BAYP has revenues so if the reinvest I believe those same revenues will grow larger.
From the report issued 9/16:
Vincent Browne, Chairman and Chief Executive of Axiologix Inc. said, "Our results for the financial year ended May 31, 2013 show solid progress in key areas of revenue growth, cash management and balance sheet development. Whereas the revenues were less than we forecasted for the full year they still came it at nearly five times the previous year, primarily due to the effect of reporting a full year from our Irish operations. We will continue to manage the resources we have wisely while we seek to grow the business both organically and by acquisition. We continue to progress our previously announced acquisitions and expect to have an update on the status of these initiatives later this month."
The last sentences is all that matters, "an update on the status". Move forward looking statements will only hurt the PPS. Unless Mr. Browne can provide proof of the finalized acquisition this will only go down, and he only has 4 trading by his timeline.
Like we did today from 2 to 4 only to finish back at 2? Or are you predicting we see 5 tomorrow?
Nicely done, you have a new follower!
Go SITS
There sure are many possibilities ahead for AMBS many of which will push the PPS much higher. Should be fun to see where this goes over the next couple weeks on the speculation. Then the real fun begins. IMO loading zone
Go AMBS
You are correct sir!
After all the noise this morning it appears we will finish green lol
Go MWIP
Now that's nice bid support...wow
Did you not read what I said. I NEVER invest/trade what I can't afford to lose. I don't have a buy in at .0002 yet I will monitor things and buy .0001 if the become available.
The last PR did say they would reduce the share structure, one way is a R/S.
They will need to be major to get out of this hole! I sure hope your right because anything less than great revenues and additional interest in more well could spell the end to this one.
Odds aren't good, that's why I never invest what I can't afford to lose. However I may pick up some .0002s for the fun of it.
With this many shares it will make it tough to move up even after all the dumping is done, simple supply and demand. With that said IF the company drops REAL and big news of a dealing actually being closed we could see a nice pop if people don't sell for a tick or two.
Only my thoughts. I have some free shares and a small amount just north of here. I was here on the last pop to .0028 so anything is possible. GLTY
Let's be real here, this has trade over 1.5 BILLION shares over the past 6.5 trading days with .0003 bid .0004 ask screams dilution. I would say there us a 99.9999999% chance the float had increased significantly over the past week.
I thought it was good news and expected a lot more chatter about it. To me the news just confirms my long position and will look to add.
Go AMBS
It's not just you. Many longs here have been expecting good news to come around the end of the month. I think the 8k today let everyone know that good news will likely be here early in October instead of this week.
Go AMBS
I got PM, thanks and I agree there are a number of things that will move this higher in the near future!
Go AMBS
I wouldn't be so sure about that. One ugly day and now this won't go up 1 tick, I would take that wager.
I can point out a recent stock that went .0005 on a promo with 5 times more shares than BAYP.
You could very well be right! Still holding all my shares but you must understand some investors believe strongly in the charts and when it falls apart their not comfortable. I believe in the company or I would have taken profits where I have them when the charts get to this point.
Go MWIP
Obviously there is no way to prove it however it's pretty obvious when a stock goes from trading a few million shares a day to hundreds of millions share a day and the PPS does move up significantly.
Prove it's not dumping?
Listen I own shares so I wish it wasn't true but if it walks like a duck, quacks like a duck then it's probably a duck.
Anyone truly have a clue how many shares the company plans on dumping. We should be around 1.5 billion over the past 5 trading days. Pretty crazy if you ask me. GLTA
I have been in for quite some time. Might add to my holding
Go AMBS
Sure did, below all major support levels and RSI 41 so not even at oversold levels yet. With no news we could be in for quite a dip or slide to levels we thought were history. Sure hope I am wrong.
Go MWIP
Did you right this before reading the 8k that is out? I believe your assessment is spot on.
Go AMBS
News.....8k out. Looks like thing will be on a steady climb from here.
Go AMBS
Well I am with you about hoping this works out with the revenue...tough part is hope is a bad investment strategy.
Logic tells me if they are reinvesting revenues into the business then things could work out but may take awhile. Management sure has a long way to go in build any type of shareholder trust. I would love to email them but will wait because right now I don't have anything nice to say and I don't want to be "that guy".
Hey Rubs1 I am normally pretty optimistic but the issue is we got "direction" from the company in the last 2 PRs. One said they had no interest in selling share and the other said they would take measures to reduce the share structure. Today's move appears to be contrary to both those statements.
It sure would be nice for them to follow through with what has been promised. On July 9th we were told we would have an update on the Texas well in a few weeks, a bit late on that.
So I guess we wait for them to tell us something but it sure doesn't look good. Still holding because I am an all or nothing kind of trader.
Clearly not at the present time, hasn't been a buy for an hour. It may turn around but not looking good today.
Anyone thought about how they will pay for this commercial kitchen facility? I am hoping they will use part of the 600k funding they announced back on May 22nd but don't know how much of that money is still available. Thoughts anyone?
Go MWIP
Ready but need to lose all these seller around .006. Once those shares are in new stronger hands we should move up nicely.
The PPS : )
And not done yet
Go MCLN
Thanks brother. I apologize for my lack of action to support our cause. I need to find a place in VA or MD to pick some up to try it.
Go MWIP
I was wrong only 19 million. Guess after the 49 million dump 3 minutes before close the T-trade didn't need to be as high.
We need a solid PR from the company hen I think they let it go. That's what I am holding for. That article is why you always take profit or cost on the way up.
Go BAYP
How big will the T-trade be today? I will guess 30 million