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The report says that Fuse Science could be worth 1B in 5 years depending on how well their business plan goes. To me, 5 years is not "soon". My point here is that this should be a good long term play. We just don't know how profitable these businesses are right now even though as an asset the report says there's value. Yes, DEGH is taking positive steps moving in the right direction. :)
The current status of these businesses are in a non-operating, business planning stage. That's what I zero in on in this report. Yes, longer term DEGH should make money and be profitable. However, no evidence has been provided that they are right now. We will have to wait and see.
Hotice, how do you know this and where can I buy their products?
I believe the big unknown here is that we really don't know how much better off DEGH is with this merger. Nothing is or has been said as to the profitability of Fuse Science. We really don't know if these other businesses are significantly profitable now or is this a long term project. What we do know is that there is quite a bit of financial commitments made to those running the new DEGH. How will they all get paid? Perhaps future financials will be revealing. Perhaps there will be another merger down the road. Time will tell here.
Very interesting. Yesterday, a $20 trade less commission brought the displayed price down 11.1%. Today, a $17 trade less commission brought it further down 12.5%. Keep dropping it so I can load up. IMO, that is what this trader or MM is doing with those tiny yet very effective trades. :)
Also, don't forget the buy back from the short position which has to happen soon. :)
According to FINRA, it appears that the MM's shorted 168K shares today. Wednesday they reported a 155,576 short position and for Thursday the number jumped to 359,950. I'm not sure if this means that of the 359,950 shares sold today, that 168K were from shorting. Could this also mean that during the string of buys yesterday, the MM's did not have shares to sell at some point so they created shares to be sold so that the buys could go through.
Just trying to understand the meaning of the information. What is for certain is that a short covering will have to happen sooner or later. :)
http://regsho.finra.org/regsho-Index.html
Also Gem, do you know why FINRA's stated total volume for today of 344,593 is 7,600 shares less than the actual stated of 352,193. You provided a good post. I'm just trying to understand what the numbers mean. TIA. :)
Hey Gem, how can you tell that there was some MM short positions covered today? All I can tell from this is that there was a net increase in the short position by approximately 105,000 shares. This kind of suggests that the MM's are hedging their bets that there will be a drop in the pps in the coming days.
You mean 5.6M shares.
That was a sell after the market closed. Still on track for a merger closing next week. With this being a low float stock, and the share holder base getting stronger each day, and good news coming soon, things are looking bright with DEGH. :)
I guess someone needed lunch money with that $20 trade less commission. Patience shall be rewarded. :)
According to the April 8th filing, the 10 day waiting period for sealing the deal with the merger agreement should be over on or about April 18th. Then comes the 8K announcing it. :)
MM games are so obvious. They clearly read the threads and have their plants. As soon as my last post went through they stepped up their selling with a 113K+ sell. In the last 10 minutes they put in the sells to negate the fresh buys coming in. They tried to keep the pps down for the day with a 5K sell in the closing moments. However, after the close that 150K buy more than made up for their afternoon games. Again, we are building a strong base here with daily 60% - 90% buys coming in. :)
You are right. It's 80% buys today with the usual afternoon walk down on the remaining 20%. What this tells me is that we continue to build a base of solid DEGH investors. I will take those ratios every day. Great things are happening here. The 10 day waiting period will be over soon followed by an 8K which finalizes this merger. I believe that with this team assembled, DEGH is going places. :)
No, we don't know what his take home pay is on a month to month basis. According to the 8k from March 25th his salary is based on the company having sufficient funds to pay him. I like this as he has an incentive to produce for the company. He was also given 6.4M shares as a signing bonus. Time will tell if he will need to tap into this as he has to live too. I have a feeling that having Mr. Zacharin on the team is a good thing for shareholders. :)
This is great news for shareholders. No, it's not 640K but 6.4M. No, this form does not say that Mr. Zacharin is selling anything right now. This is an Initial Statement of Ownership. From the 8k dated March 25th he was given a signing bonus of 6.4M shares along with a salary of up to $18K per month subject to the company having sufficient funds. From the recent Schedule 14F1 it says that as of April 6th there is 59,379,493 shares outstanding, and that Mr. Zacharin's 6.4M shares is included in that amount even though they have not been issued yet but that the company was committed to doing so. According to that filing we are in the middle of a 10 day waiting period which is required for the agreement to take affect. The company is just honoring their commitment to issue Mr. Zacharin his signing bonus shares as agreed to in March.
Thanks for posting this. This is good news as it tells me that the company is, in fact, moving towards completing the merger agreement in which all shares are accounted for. :)
Wow someone spent a whole 45 cents on that last trade less commission charges.
Looks good. 90% buys today all between .035 - .038.
You're right. This makes sense as again we're experiencing all buys. :)
Yep. So far 90% buys on the day. The sp base continues to increase. :)
Maybe this is part of the stock buy back that is suppose to be happening. Would not be surprised if a r/m is in the works. I have confidence that management will move this company in the right direction with all that it has going for it. The low float and company stock buy back is all a bonus that makes this a great investment. :)
We're holding nicely in the face of someone needing to sell out their position. Nice consolidation here. Looking forward to some good days ahead.
It looks to me that this is the double r/m that's been talked about. DEGH is now part of both Fuse Science (Pocket Drops) and Skin Science. The soon to be former board members and new board members all have a stake in terms of their stock holdings. The soon to be former CEO who has an interest in all of these businesses stays on for 1 year as an advisor. The low float is still in tact. All of this is great news. :)
If that is true, then how does speaking doom and gloom help your cause?
You have had and will continue to have opportunities to get out if you need to.
Not trying to be mean. Peace my brother.
Agreed. I believe that a r/m will occur soon and that manangement has an incentive to make it work. It's called "they want to get paid too".
I think the "blow up" that you are referring to is really nothing more than investor hype which happens all over these boards. Another words, investors are saying what they want to happen at that particular time. If you recall those posts usually included "IMO" to their statements.
I doubt the board members are sitting around doing nothing. They all want to get paid too. Think about it. Before they get paid, they bring in this guy who apparently must bring something good to the table for management to give him a signing bonus of over $120K in stock. Now, we can certainly call to find out if those are restricted shares or if they are being sold in the market right now. From the 8k, he doesn't see a monthly salary if DEGH doesn't have the means to pay him. Currently, unless the company is selling stock (which is verifiable with a call), they don't have the means right now to pay him what was stated. Again, the board members are not even getting paid right now. Therefore, we know that the company desires for a r/m to take place. We all know that the pps is way to high without a r/m to be in the works. What this tells me is that DEGH must be expecting that altogether they now have what it takes to make a r/m work. So, one can certainly pick up the phone to find out if the s/s has changed.
Again, DEGH ought to be an excellent candidate for a r/m with the low float and being publicly traded on the OB which means their financials are current. IMO, we have a winner here. Go DEGH. I
Since DEGH knows the definitive timeline, share sholders are always free to call them to put their soul at peace. The worst that can happen is that you don't get a response. Be persistant as you have an investment at stake. It's clear to me that DEGH is a shell looking to get out of the shell status. This is a low float stock that ought to be desireable for anyone wanting a public status. Because of the low float it doesn't take much for the stock price to move. I believe that last 8k was very encouraging. I don't see anything wrong with this guy they hired. The company must feel that they can really take the business to a new level looking at what they offered him to be part of their team. I believe management will not disappoint. I don't see them increasing the a/s, thus keeping DEGH attractive for a r/m. The board members have an incentive as they want to get paid too.
Nunze. you are one depressing dude. We know that you can't stand this company as you want it your way right now. Patience my friend. You have probaby been the one selling as many of us are holding strong and will continue to load up knowing that the future looks bright. Sorry to hear that you can't wait like all of us. Go DEGH.
Something tells me that the big news event will start any day now. The pick up in Buys seem to confirm this. It would not make sense to hire someone with a fat paycheck and not have things lined up. Plus they gave him stock that is valued over $200K. He has a pretty good incentive. The stock hits .20 and his stock is worth over $1.2M; and if it hits .50 it's worth over $3M. Anyone know how much stock the CEO has? Be curious to know if this new guy has more stock than the CEO.
Thanks brich. It looks like it may be a good time to call again for another update. From last month's conversation with Jay, it appears that his transportation company would make a great r/m candidate. It is amazing how fast that business is growing. I also am curious if NSFE got that Boeing contract that Jay was optimistic over. I also am curious as to the source of funding for the buy back he talked about and when he thinks it will happen.
When was the last time anyone here talked to Jay for information? I thought I read somewhere that there was some interest in some medical company in Indiana who does something for the heart. That they have a good product but needs a significant amount of money to move that forward. If someone could post the last known message from Jay, that would be great. Perhaps a call can be made to build on that.
Great News. I just got a call back from the transfer agent. The woman was very pleasant. She said that all of the numbers pertaining to the share structure on NSFE have not changed. That they are the same as what was reported on 11/12/10. :)
Ok. When I google for a different number I get 801-485-7978. So I got 2 numbers to work with. Perhaps by the end of the week we will have the information.
I just called back that same National Stock Transfer number and got the same results; a recorded message to leave a message at the tone. It is 1:57 pm their time. I did leave another repeated message. Will keep calling.
Will do. I just called the 801-466-3355 number and got a female voice recording announcing that this was the number to the National Stock Transfer and for me to leave a message. It is possible that this may be lunch time in Salt Lake City. However, I did leave a detailed message for Roger Greer or anyone else who can get me updated share structure information for NSFE. Specifically, at least the o/s and float numbers. If I don't receive a call back in a couple of hours, I will call them back and post my result.
Thanks Shankman and brich. Actually share structure was also posted as of 12/3/10 on this board above with other company information. This tells me that no company buy in occurred up to 12/3/10. I will call the TA for an update.
Shankman, you may be right. The company may not be selling, but I doubt that they are in a position to buy either. Initially, when I read the 11/12/10 pr, I overlooked the "lack of adequate capital" part and focused on the "intend to buy back up to 50M shares" part. This suggested to me that even if they don't buy 50M shares, they will buy some significant amount after the pr came out. However, with what money? Though it doesn't say this, it's been mentioned here that any buy back would be contigent on the right r/m candidate. To date, there's been no mention of and no LOI's with any serious r/m candidates. I still believe that they are still looking. IMO, putting out that buy back stuff in that pr was fluff. Hopefully I am wrong. Go NSFE.
No, but when they use the words "intend to begin buying back" in the same breath as "a lack of adequate capital" with no mentioning of any r/m candidate, that sounds like fluff.
"Intend to begin buying back" suggests to me that this should be in progress if not over with some 5 months later. If this low float is holding strong and no one is selling at these rediculously low prices (around .0025) then all of this alleged buying should make these prices be a thing of the past.
If you have the TA's number, I will call them to get new numbers for the board to see if the company has done any buy back or more importantly, any selling over the last 4-5 months. Since the company has inadequate capital, I might expect the company to sell shares in order to attract a r/m candidate.