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Nice volume coming in today, finally! Lets hope she blows northward now!
FCGD
Agreed, if 1's hit, I'm grabbing alot more as well, to serve to get my av down and should be an easy sell when interest picks back up here, wont take much to get a turn around going here, Asher might be out of shares now?? there was alot of shares added to the float (since prior Q but still its a great SS), most were prob from him?
Easy money to be made here for the patient imo
thats good on the default status b/c they can't make any changes to the share structure unless they are current, right? they cant increase the as..etc..needs a group to run this and easy $.001+ is possible
GBGLF $.0059 A real GOLD COMPANY! going thru troubles now but could be a 20 bagger plus or bust..buy don't buy, but the risks are small compared to the huge possible gains at this PPS
Traded $1.70's only last YEAR!!
GBGLF!!
Yeah, Im hoping this can break past $.01 and not look back, volume has been increasing and I have no idea who's buying all these shares but Im riding this till it dies or goes alot higher...still have no news from the company so we can all just guess but it looks to be good news so far??
Alil over a yr ago GBGLF traded as high as $1.70 area, just imagine is this pulls thru..lol
GBGLF looking strong..I'm holding all my shares till we see the final outcome here..break $.01 would be nice to see today, esp for a Friday!
Go GBGLF!
I AGREE..IHUB IS BORDERLINE UNUSABLE NOW..def not keeping my paid subscription unless they make some changes..I thought the last update was BAD..but this way way too far..I mean common Ihub isnt making enough money already???
SORRY, BUT I HATE THE NEW IHUB LAYOUT, too many ads now, its feels like there in every possible spot..I thought the last update was bad enough but this is borderline to where its almost not usable now imo
On strong watch for entry this week now
I think, I remember Dog saying he might do it at some point So maybe there will be one! :)
Yup, good call. How many poor souls will execute there shares into the "series b" shares you think? :):)
Dog, you going to trade in your shares and participate? :)
I know, so surprised we had this much volume here today..
I sure hope so, ur the only guy on the street the owns shares, u must be special..jk..but yes I hope u get rewarded soon for holding out on cogv!
I disagree on the chart, Looks like a double bottom..all depends where the price of gold goes..compare the 2 charts you will see what I'm talking about..
COREwafer Industries, Inc. Initiates Capital Restructuring ThroughShare Exchange Program
Oct 7, 2013 07:30:13 (ET)
HOLLYWOOD, FL, Oct 07, 2013 (Marketwired via COMTEX) -- COREwafer Industries, Inc. (pinksheets:WAFR) ("COREwafer Industries "), a holding company whose wholly owned subsidiary, Core Wafer Systems, Inc. ("CWS") is the creator of proprietary software with installations worldwide, today announced that it has approved the initiation of a recapitalization plan by offering an exchange of the company's common stock for its Series B Preferred Stock. The Share Exchange Program will commence on Monday 4th November 2013.
Management of COREwafer Industries has determined that significantly lowering our market cap the company will be better positioned to take advantage of strategic opportunities to upgrade and develop innovative software products to serve our target and existing customers.
COREwafer Industries will issue to shareholders who wish to participate in the exchange program, Series B Preferred Stock, with a face value of $.50. Each shareholder shall receive 1 share of Series B Preferred Stock for each 34 shares of common stock exchanged (for an effective price of $.015 per common share or 150% increase from the closing market price on September 30, 2013). Any fractional shares shall be rounded up.
The Series B Preferred Stock shall be mandatorily converted by COREwafer Industries no later than January 31, 2016. The conversion ratio shall be equal to $.50 divided by the closing market price on the date of conversion.
Cyril Moreau, CEO of COREwafer Industries, Inc., states, "Management has a long-range plan to build a company based on fundamentals and bring real value to our shareholders. We know many of you have heard this before and we fully understand the frustration that our shareholders may have but in the coming months, you will see that our actions will reflect our stated intentions in deploying our business plan and strategies as we keep you abreast of the company's progress.
About COREwafer Industries COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Pembroke Park, FL, that currently oversees and manages two subsidiary companies across various industries. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in various industries including consumer goods, software and technology. For information, visit www.corewaferindustries.com .
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetic, semiconductor and nanotechnology-based device components. CWS has an install base of over 800 clients and 1,500 installed systems on HP, Keithley, and Agilent Test hardware.
Safe Harbor
This release may contain "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Corewafer Industries, Inc. and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.
SOURCE: COREwafer Industries
BAA bottom alert at $.61??
I knew this wouldnt run much today b.c of this, but didnt want to say it on the boards and be debby downer..hope tomorrow it breaks thru w great volume to continue
Just keep in mind I think thats the same guy who was the lead manager on the offering at $.50/sh...
The only thing I saw was Canaccord Inits with BUY $3 PT for MSTX
MSTX big volume this morning, up 15 percent premarket
MSTX looking good in premarket this morning!
Alert DCTH U.S. FDA GRANTS ORPHAN DRUG DESIGNATION TO DELCATH SYSTEMS FOR USE OF MELPHALAN HYDROCHLORIDE IN HCC
Date : 10/01/2013 @ 4:21PM
Source : Thomson Reuters ONE
Stock : Delcath Systems, Inc. (MM) (DCTH)
Quote : 0.3082 0.0 (0.00%) @ 8:56AM
DCTH U.S. FDA GRANTS ORPHAN DRUG DESIGNATION TO DELCATH SYSTEMS FOR USE OF MELPHALAN HYDROCHLORIDE IN HCC
Date : 10/01/2013 @ 4:21PM
Source : Thomson Reuters ONE
Stock : Delcath Systems, Inc. (MM) (DCTH)
Quote : 0.3082 0.0 (0.00%) @ 8:56AM
ALERT ALERT DCTH $.44 Granted FDA Orphan Approval!!
Thx..I though we knew of this last Friday, AH's had huge volume...but maybe this wasnt't official and now it is..either way it just broke the 34 and 50 SMA AH's...so looking forward to tomorrow!
GO DCTH!!
Yes, I hope thats ur sell order too, you have held long enough now, hoping the pot of gold awaits at the end of the tunnel for you EB!
I just saw this, I'm still working and can't check out why yet, was there a PR AH or something?
DCTH $.306 Bottom Alert
Thx Birdie, looking good, PME had great news come out last week...
Pingtan Marine Enterprise Acknowledges Recent Notification by The Ministry of Agriculture Restricting New Fishing Licenses
7:00 AM ET 9/26/13 | PR Newswire
RELATED QUOTES
10:33 AM ET 9/30/13
Symbol Last % Chg
PME
2.24 -5.88%
Real time quote.
Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company") an integrated marine services company in the People's Republic of China (PRC), today announced that The Ministry of Agriculture of the People's Republic of China ("MOA") recently issued a notification that it will suspend accepting shipbuilding applications for tuna harvesting vessels, squid harvesting vessels, Pacific saury harvesting vessels, trawlers operating on international waters, seine on international waters, and trawlers operating on the Arafura Sea, Indonesia.
Pingtan previously announced the addition of acquired and newly built vessels in June and September, which are intended to operate mainly on the Arafura Sea, Indonesia. The applications for these vessels preceded the MOA's recent notification, and the Company is currently one of the largest fishing companies operating on the Arafura Sea with total of 106 fishing vessels.
The Company is including a link to the notification by the MOA (in Mandarin): http://www.gov.cn/gzdt/2013-09/03/content_2480463.htm.
Mr. Xinrong Zhou, Pingtan's Chairman and CEO, stated, "We acknowledge the recent notification from the MOA, which we believe is a positive indicator for long-term stability and balance in China's fishing industry. We have closely followed recent discussions surrounding the issue of over-fishing, most notably in November 2012 when the MOA issued a notification to limit new licenses. At that time, our management acted quickly to accelerate our new build efforts. We believe that this has helped to ensure our fishing productivity in international waters, while also serving as a major barrier to entry for competitors in our industry. In addition to strengthening our competitive advantage through asset expansion, we are also positioning the Company to begin directly selling our products to end markets. We feel that delivering our seafood straight from the sea to the consumer will provide a fresher, more attractive product, while simultaneously expanding Pingtan's margins through the elimination of a distributor. We are pleased with the direction of our Company's operations, and feel that today's announcement strengthens Pingtan's competitive position in our markets."
About Pingtan
Pingtan is a marine enterprises group, engaging in dredging services and ocean fishing through its wholly-owned subsidiaries, China Dredging Group and Merchant Supreme, and their respective PRC operating subsidiaries, Fujian Xinggang Port Service Co., Ltd., or Fujian Service, Pingtan Xingyi Port Service Co., Ltd., or Pingtan Xingyi and Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd., or Pingtan Fishing.
Pingtan Fishing primarily engages in ocean fishing with many of its self-owned vessels operating within the Indian Exclusive Economic Zone and the Arafura Sea of Indonesia. Pingtan Fishing is a growing fishing company and provider of high quality seafood in the PRC.
$$$$ PME PME PME $$$$$ ALERT