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Hello Frank,
What I meant by a similar trend was Scott was eager to purchase "bigger and better" things for FTSGROUP only to accumulate more debt. Unfortunately the debt holders converted their shares and drove the PPS into the ground.
It appears he is about to make a big purchase for TheDirectory.com and accumulate more debt.
We'll see what the debt holders do....
Good Luck, William
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ZTC,
Your saying Scott is financing half of this new aquisition? Where did you see he's paying for half of it? Please copy the area of the PR your referring to.
Thanks.
Small volume again. Wonder what Scott has in mind with FTS Group. A similar trend from Scott's past is starting to appear at his other company TheDirectory.com
Not much going on here trading between .0003 and .0004 for the last 2 weeks on low volume.
Sure, after it's confirmed with the Transfer agent.
A little volume yesterday. Maybe because of news from the CEO's other company. (is he's still the CEO of FTS?)
Not sure. Scott had mentioned in the past the debt holders screwed him on his other company. He seems to be more conscience of this with Elysium.
REPOST FROM I-HUB ADMIN
WARNING - ALL:
This board is to talk about the company NOT the people who post here and whether you think they are a basher, pumper, naysayer, cheerleader, etc. If you feel you have to post about other Users, then please don't post.
The next step is bans/restrictions so please heed this final warning.
Not sure. Maybe some anticipation of something happening with Scott's other company.
Last 11 days only had 1.8 million shares traded for approx $613.00
Keeping the Debt Holders in Check is HUGE!
FTS Group update.
Nothing to Report.
Correction to my Earlier Post
Scott just confirmed the authorized shares will be reduced by 1.65 Billion and not the 2 Billion I had posted earlier.
1st Qtr ended Feb 28th Rev = $48,000 (Sales and Reoccuring Income)
March and April = $55,000 to $65,000 (Sales and Reoccuring Income)
2nd Qtr projection Mar, Apr, May $90,000 to $110,000 (Sales and Reaccuring Income)
3rd Qtr projection $150,000 to $200,000 (Sales and Reoccuring Income) These figures do not include the Denist and Legal Verticals that wil generate $800 minimum per office.
* As of today 300 new subscribers (Goal of 1000 for 2010)
* In 7-14 days aprox 1.65 Billion Authorized shares will be reduced.
* Name change within 2 weeks (File is being expedited)
* New Corporate Website to coordinate with Name Change
* 1st Qtr results will be filed in a couple weeks (Mid-May at the latest)
It appears that Scott is too busy with Elysium to do anything over here. This could be along wait.
Share Structure.
From the Registrar. No Changes from the March 18, 2011 update.
Authorized 5,150,000,000
Float 2,218,453,427
O/S 2,295,624,262
At times there was. I noticed AUTO or NITE sitting at .0023 when the selling was happening. I don't recall which one it was though. Maybe someone else knows?
You bring up a good point. There where twice as many sells than buys but yet the share price was up 10% for the day.
I'm more curious who was collecting at .0023 and why...
I wouldn't call it a sell off. The last half hour had more buys than sells (3,434,467 buys vs 2,223,133 sells) FYI. the last 400,000 is a duplicate of the previous 400,000. Not sure why E*Trade Pro does that with the last trade of the day?
E*Trade (ETMM) was on the Bid side most of the day collecting at .0023. In the last 2 minutes of trading I noticed ETMM dropped to .0021
The bigger question is who is collecting all those shares through E*Trade at .0023 and Why?
I called 2 hrs ago. Same as March 14th. See I-Box
Business Contact and Profile for Elysium Internet, Inc.
Name: Elysium Internet, Inc.
Phone: (727) 417-7807
Fax: (215) 689-2748
Address: PO Box 992
Oldsmar, FL 34677
Website: www.TheDirectory.com
Original Business Start Date: July 2007
Principal: Mr. Scott D Gallagher, CEO
****SHARE STRUCTURE**** as of Mar 14 2011 from Registrar
Authorized 5,150,000,000
Float 2,218,453,427 (Decreased 33,333,333)
O/S 2,295,624,262
Interesting. Who did you speak to? Was there a timeframe given for the updates?
You can use there "E*TRADE MarketTrader" Or "E*TRADE Pro" I believe MarketTrader only cost $19.99 a month?
Elysium is running hard, up about 1000% from that last week. So what are the odd's FLIP runs just as hard in the near future? We never got an answer from Scott regarding the 60% ownership in EYSM.
Current FLIP Market cap is only $170,000
I got this feeling things are about to go nuts....