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.
Three things that are not working against us. Number 1 is, There is absolutely no dilution and hasn't been since 2007. Number 2 is, the CEO (Jamie Mann) owns well over 30 million share, which we don't see him dumping shares in the open market. Number 3 is, Klean still has not confirmed what path they are going to take in going public, WE KNOW FOR SURE THEY ARE NOT GOING THE IPO ROUTE, they may merge with another public shell, BUT ALL THE DD'S INDICATE OTHERWISE, SO THERE IS A VERY GOOD CHANCE, KLEAN WILL MERGE WITH HARMONIC ENERGY (ASUV). On top of all the things I just described, Klean is probably over $100 million dollar company. What do you think will happen, when they officially merge with this shell? Overnight dollar land and give it till the end of the year with forward looking statement, we are looking at a $3.00 stock easy.
Do I hear 10 knocking on the door?
I would be surprised if someone doesn't scoop those 85's. Otherwise, I think this will be trading sideways for now, until news breaks. The last 200,000 shares if any will be important. Tomorrow would be the last session for the week and I believe it won't budge like today. Going into next week should be interesting, not that it matters, Klean's license expires tomorrow.
There is only a $160.00 difference (+ or -) commission fee. What is the bid sitter waiting for, do they think they can flip this for beer money or what? Hit the ask, you'll regret if news comes out and you missed it for $160.00.
That's ok buddy, I figured you might have misspoken.
This is the post I was referring to:
"Another thing NOBODY ever talks about is MARKET CAP 2.7 MILLION ! Imagine if Klean does in fact buy them...with hundred plus million in revenue and a growing business...worldwide in clean energies etc..way of the future..market cap should easily be half the revenue..easily...50 million valuation is chump change..at a 50 million valuation we would rise from the 8 cent level to around 1 dollar...give us a 100 million valuation and we sit around 2 bucks a share."
That's the post, I was in total disagreement with you. Klean Industries, would never make an offer to buy a shell company. A reverse merger is another thing and a buyout is another animal. Lets keep the focus on the ball, which is a reverse merger, lets not lose sight of the potential we have when and if the merger is announced. I knew about the transfer of the all or most of the shares that is owned by Jamie Mann to kris, should this merger come to fruitation.
I have always agreed with you, but a buyout is not even remotely possible. It's just not feasible for Klean, Klean is all about saving money. That's what there business model is technically about.
I see a potential merger, not a buyout by Klean and if there is a buyout, then I don't think Klean would pay more than 0.30 a share. Watch tomorrow's action going into Friday and all next week. I want to see volume over 2 million at least for 3 trading days going into to end of next week, that will indicate the merger is on.
And mine will be $1 to $5 million dollars, compadre. I can definitely live with that, heck I might even consider throwing in another $3000 tomorrow if it drops. However, at some point I will definitely consider adding anything before 10. Tomorrow if volume is fair upon opening bell, then I am coming in with my $3000. Volume will speak to me.
Yes and no, it looked like it was painted. We'll find out tomorrow, if this person is coming back for more.
He means that the bidder was forced to buy the last chunk for 1000 plus shares. Either a head fake or they couldn't get it filled.
Just like I predicted, volume over 500k plus we hit the 8 mark. So lets see what's in store for us tomorrow. Over 2 million shares tomorrow and we settle somewhere around 15-20. I forbid anyone to sell this, if we see over 2 million shares tomorrow. You know what that means, right? Peeps in the know have spoken. Today, I think it was word of mouth. I seriously think this will settle in the 20's before any news and once news breaks, possibly 3-4 overnight and that's not dollar land, that's DOLLARS LAND, with a big S, yes DOLLARS. Approximately $40,000 worth of trades, just today alone guys. More importantly we don't see big blocks on the ask, so Jamie Mann, just like most of us wants the big ONE...TWO....THREE....FOUR....FIVE. Get ready it's going to be a monstrous ride. I can officially say that the bullet train has left the station from ASUV land to KLEAN. Merger here we come, sitting nice on close to 200,000 shares, can't complain. Thank you GROLDEN. May the force be with you all.
Just like I predicted, 8 is up. I will never sell at these levels, I am waiting for the dollar land. Which is around corner, todays action proves just that. You would be a fool to sell at these levels. I knew we were going the the 8 today. Wait till tomorrow, we get passed the 10.
I have a strong feeling that this will do over 500,000 shares easy today. I concur that merger is for real. barraboom.
But, I won't.
In-fact I am so sure, that if I place an order to sell my shares for 8, it will sell in chunks.
I am almost certain, that this is about to take off.
The real test will be when we hit 0.10 and Jamie Mann doesn't dump the shares. That's when you would know this deal is for real.
Think about it guys!!! Who do you think paid over $200,000 for ASUV to go current? Definitely didn't come out of dilution, I think some big entity picked up the tab, it might very well be Klean Industries. The irony of this all, on the sticky points, both Klean and Harmonic have the same share structure, that's not just a coincidence. This deal may have been wrapped already for all I know, but they are just finishing up the final touches. Most importantly, why are we concerned here? Jamie Mann, is not dumping his shares, neither is he diluting. So, sit tight, there is still more upside with a little sideways trading until the official news. I refuse to play too much into "ifs" the writing is on the wall and everything points to this merger. Unless, Klean comes out and says they are going public or have gone public by a different path. but again game is not over, why else did ASUV paid to go current and why is Jamie still holding on those shares, he's had them since 2007, there are no restrictions on them, so he could dump them any moment as he pleases because he knows it's chump change for him right now.
If they do a direct public offering, then they wouldn't have to merge and at that juncture it has nothing to do with ASUV anymore. Public shells companies, are not solely for merging, but they are used as vehicle for private companies to to go public, attorneys that specialize in SEC, FINRA they use public shell companies for the sole purpose of making a private company go public, provided that the public company is current, low outstanding debt, good share structure, and etc, which ASUV has all of the above. It makes sense for Klean to reverse merge with this public shell. I can assure you that the ticker won't be ASUV and I have already considered maybe a buyout by Klean, but a buyout doesn't benefit Harmonic, Jamie Mann, wants the bigger picture, unless of course there are other things I am missing.
When a private company reverse merges with a public shell, they are taking on full responsibility of the debts, liabilities, and their failed business model. One of the primary reasons for the reverse merge, it's a lot quicker and cost efficient, otherwise Klean would go direct offering, unless if they want that technology. I will find the article that I read and will try to post it for you.
I highly doubt they will use ASUV ticker. Did enormous DD on reverse mergers. There are couple of scenarios, that I have been kicking around, one would be Klean will reverse merge with a shell and the best viable path for them would be to merge with ASUV. The other would be Direct Offering, which is the cheapest route for them. Either way, it won't be ASUV's ticker, I questioned about the ticker a while back, Grolden and others stated that it will be more like KLEN. But, I could be wrong. I am basing my opinion from the DD's.
You, I, and the rest of the board too. You won't forget the strippers with Disney outfit, will you?
I don't think it was up this passed weekend. That has been there since I bought the ticker and that was one of main reasons I got in. I got in little over 3 weeks ago.
Yeah, I figured. Thanks for the post. It looks like a shared office though. It really doesn't matter to me whether it's a shared office. One thing is very prudent to me is that both Klean and Harmonic use the same attorney.
License expiry has no bearing, whether they announce or not. Klean will renew license, even without a press release. The one you have to be concern about is, ASUV's license, which expires 5/31, not Klean's.
No, that's been there for a while now. Just a reminder and for the newbies.
What is this? Someones work place? Whose?
One could only dream that.
I am not worried Paul. I believe in this thing, I just wished I bought today, instead of yesterday. Had I known, someone would bail today, then I would have pulled the trigger today, not yesterday. I am in this for the long haul. This is doing the same pattern just like it did a couple of weeks ago.
Strange action to say the least. Either, Jamie Mann took the word out of Rick's mouth, or it's being shaken, or someone wanted out, or someone sold because they know something. Just wished waited till today instead of yesterday. Yesterday I bought close to 18000 shares @53, I could've easily doubled my shares today. It's a great opportunity to reload here.
Peeps don't know what the potential is here. Go ahead sell your shares cheap.
Ricko, now you are thinking!!! I have been thinking about this for the past week. I just wanted to wait till this hits .10 and bring up what you just brought up and you beat me to it. But, I am still overly cautious, when we hit .10 and if he still not dumping the shares then your post is extremely validating, I mean extremely validating. This is too easy to ignore, everything fits together, especially Jamie Mann not selling a single share for the time being is a little baffling. This is going to be huge.
I was reading an article awhile back, apparently August is the slowest month of mergers. That being said, most mergers happen between March thru June according to the article.
That's exactly my point.
Mind you, 200,000 is decent volume for a beta like this one. But, I'd like to see that 2 million plus. Can you imagine a beta like this one, volume over 2 million plus? Monstrous ride to the moon, that's what will happen here.
I don't care how many cents it goes to either. But, massive volume will speak for itself. Once I see over 2 million volume, you can bet that I won't sell for even a dollar. I am going for the long haul, possibly 3-5. I see enormous potential here, nothing shows otherwise. Peeps in the know, will come out and speak the volume, it's just a matter of days now.
Once we get that massive volume, it will be .10 in no time. The number I am looking for is 2 million plus, if we get that, this will surpass 7..8..9..10. And if we get that volume multiple days, then peeps in the know have talked.
Based on extensive DD, we are expecting merger announcement sometime soon, it could be any day, it could be next month, it could be the following month. What we know is that, Klean's website says, coming soon, publicly traded company. We know that, it's not an IPO, so it's either a reverse merger and ASUV, could very well be the vehicle, everything points to this path. Now, we could be wrong, but this is the one the viable options for Klean. You need to check the sticky point and concur yourself. The evidence is overwhelmingly compelling, that's why I got in about 3 weeks ago.