Get in early, get out early. Take profits
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.
My L2 shows nothing today but 20 million on Thursday. I have Ameritrade and I've seen before where there will post the previous trading day's volume.
MXXH - from Pinksheets.com
Outstanding Shares
33,000,000 as of Jan 23, 2009
Authorized Shares
400,000,000 as of Jan 23, 2009
Number of Share Holders of Record
1,500 as of Jan 23, 2009
WNMX - From Pinksheets.com. A/S still current. O/S and float may be outdated.
Outstanding Shares
60,000,000 as of Jun 30, 2008
Authorized Shares
2,500,000,000 as of Jun 30, 2008
Number of Share Holders of Record
105 as of Oct 6, 2008
Float
15,006,208 as of Oct 6, 2008
FFGO - From Pinksheets.com (possibly outdated info)
Outstanding Shares
35,281,766,809 as of Jul 10, 2008
Authorized Shares
5,000,000,000,000 as of Jun 25, 2008
Number of Share Holders of Record
982 as of Jun 25, 2008
Float
6,628,733,552 as of Jul 10, 2008
HGLC - 2,000,000,000,000 (trillion) A/S as of 01/08/09 - O/S 293,823,389,782 as of Jun 20, 2008, with Pinksheets.com
EFUL - 980,000,000 A/S common. 250,000,000 preferred with 10-1 voting and conversion rights. From amendment filed 11/07/08.
O/S 739,998,680 as of Nov 19, 2008 from Pinksheets.com
SLJB - A/S 725,000,000 from SOS Nevada. O/S? Skull and Crossbones with Pinksheeets.com as of 04/12/09.
MMDA - A/S 500,000,000 - O/S 97,486,337 - as of 10/31/08. From their 10Q filed 12/22/08
No I don't.
I think they have to file with FINRA to get approval, a new CUSIP number and a new symbol.
CPRK - 3 billion A/S as of 03/02/09 with SOS Nevada. 2,069,733,000 O/S as of 10/01/08 with pinksheets.com.
This is from the amendment filed 03/30/09:
"(d) At the close of the trading market on the filing date hereof with the Colorado Secretary of State, the issued and outstanding shares of the corporation’s Common Stock, $.0001 par value, shall be reverse split, and each one thousand shares thereof shall be deemed exchanged for one share of the corporation’s Common Stock, $.0001 par value, without any further action by the holder thereof, and without any change in the number of authorized shares of common stock provided for in Section 1 of this article entitled Classes and Shares Authorized. Any resulting fractional shares will be rounded up to a whole share."
I added the bold text.
If you read the email:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36909274
It's all about the future. Yes, with a higher share price more investors will be interested. Yes, with a much lower O/S eps figures (if any) would look better. Yes, he may get more investors if they know a purchase of convertible bonds would be convertible under the new share structure.
There is nothing in the email about the present and nothing I can gather from it that will benefit current shareholders who are going to be seriously diluted, if the R/S happens.
It's hard for me to come up with a positive outlook short term here. The only hope is that the R/S doesn't become public knowledge for a while, the audit news comes out positive and the stock runs. I would look for an exit at that point. Recent R/S charts you can refer to are HRNF and ONCP for the worst case scenario.
Happy Easter to you too. Thanks Surf.
It's always a team effort and what I like about ihub - the shared info. From his pr I think the biggest reason for the r/s is the outstanding convertible notes he refers to. If there is, for example, $400,000 in convertible notes and the company can't pay them off then the holder of the note can convert the money owed to common shares. There has to be enough common shares authorized so this can happen. If there's $400,000 owed, at .0001 it takes 4 billion shares. If a company needs to come up with shares they either increase the authorized or do a reverse split on the outstanding but not all of the authorized to get "breathing room."
Closing two days in a row under the 10 day SMA after a run up is a bad sign, imo.
SNSR - 250,000,000 shares authorized; 184,704,015 shares issued and outstanding.
Some "blank check" preferred as well.
For period ending 12/31/2008
From 10K filed 04/09/09
No rocks from me. Thanks surf.
I appreciate your efforts as well. Thank you.
PXIT - from 10Q as of 09/30/08 5,000,000,000 A/S - 1,607,061,087 O/S.
Look to 10K, due soon for possible update.
MOBL - Update from 10Q. As of 12/31/08 2,979,964,575 A/S - 1,082,864,653 O/S.
Also from 10Q, as of 02/10/09 1,196,464,653 O/S, an increase in O/S of 113,600,000 since 12/31/08
HRNF - Did 1 for 300 reverse split 03/03/2009
As of 03/23/09 750,000,000 A/S - 38,346,013 O/S per pinksheets.com
NHYF - 600,000,000 A/S - 272,938,196 O/S as of 01/26/09 from pinksheets.com
And they told me gold never lost its luster....
Thanks Gail. You don't get enough credit for what you do.
TFZI - before everybody gets real excited they might want to read this amendment filed 03/30/09 with the Colorado Secretary of State:
http://www.sos.state.co.us/biz/ViewImage.do?masterFileId=19941055069&fileId=20091180116
Along with the name change comes a 10,000,000,000 A/S count and a possible reverse split.
I worry about a r/s and the 10 billion A/S
NSFE- 300,000,000 A/S as per Nevada SOS
ZIPN - 2,000,000,000 A/S - 408,568,777 O/S - 38,569,067 float
per Pinksheets.com 04/03/09
PAPA - 200,000,000 A/S, 5,000,000 blank check preferred as per amendment with Florida SOS 08/28/08
I subscribed for the enhanced search features, a useful tool.
TIDE-
Share Structure
250 Mil A/S, Current as of 6 April 12:31 PM with Transfer Agent.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=bBh1zs5yQOTtBzj0qxLGIA%253d%253d
O/S 249,972,872, near maxed out, Verified by $oldier Hard with Transfer agent 4/6/09, 12:31 PM
Restricted 51,931,410 verified by $oldier Hard with Transfer agent 4/6/09, 12:31 PM
250 Mil A/S verified by $oldier Hard with Transfer agent 4/6/09, 12:31 PM
Thanks $oldier
G'night Gail.
CYA. Have a great weekend.
There's been so much disappointment at FMNJ I think the diehards are all that's left. Most everything bounces eventually but I'm not sure I'd want any of the 4 billion increase in shares they authorized 04/01/09. A/S is now 22 billion. GLTY.
It's my favotite pastime - the real world goes away when I'm out there.
Yes but it's been a few years. I have friends in the south and am usually that way when travelling.
CROE (now COWI) filed with Delaware for a reverse split 01/23/09 but didn't announce it to the public until 04/07/09. Between those dates the stock had a nice run. Maybe the same will happen with IMGW. Cross your fingers.
I was thinking the same thing except I have no more wall space. You never know, this may end up like CROE now COWI. They filed an amendment with Delaware for a reverse split on 01/23/09 but didn't announce it to the public until 04/07. Between those dates it had a big run. You never know... Have a great weekend.