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Yes, bounce incoming!
I've been hoping for a run starting the middle of this week. Let's see if I get my wish. :)
Lowest volume day in 3.5 weeks. Hopefully something changes soon.
Here is where I got the info. I believe it encompasses all volume.
http://www.otcbb.com/asp/tradeact_mv.asp?Issue=mdin&searchby=issue&sortby=volume&Month=7-1-2013&view.x=-671&view.y=-639&downloadname=mv201307.exe
Total short volume for August so far is ~25%.
http://otcshortreport.com/index.php?index=mdin&action=view#.Uhz89Rvkvvc
Monthly Share Volume
August(27) = ~125M
July = ~150M
June = ~150M
May = ~140M
April = ~280M
March = ~290M
February = ~370M
January = ~223M
Seems to me volume has fallen to a settling/normalized ~150M shares/month, or half the volume of the first 4 months. Dilution tends to lead to an increase in volume, not a 50% reduction. JMO FWIW
Nice ask slap @.0005 just now.
Nice volume today.
There's also the 526M restricted share CEO owns. Can't have diluted those without filing form 4. Float is still ~450-470M.
Asher had ~52M shares, that could have been what we saw today. Let's see what trading brings us tomorrow.
SVAD
That is a fair assessment. Conversions could have happened today. There was roughly 55.9M(24.9M t-trade) in sell orders today. Tomorrows action should confirm selling is done, or more selling is in our future. It is hard to tell until then. :(
If .0004 holds tomorrow, I think this will move up sharply/quickly beginning next week. IMO
Or bounce off lower BB, either could occur.
News/Pics of big box store displays along with advertising campaign is about all I can see moving this. There is no trading interest here right now. NBD it will come. IMO
May see a run by middle of next week. Imo
Interesting find. Hope to see a pop soon!
Good catch, I had forgotten. If they really only have 2 qtrs left to review, then we should see it in the next few weeks. IMO
400k .0005 x ~3M .0006
Nice update.
http://medgeninc.com/821.pdf
The CEO is not selling shares, as far as I know. The recent increase to the float is from a convertible note which came due Aug 8th. There are other notes due on demand, but I have yet to see anything confirming conversion on those notes. TA is unchanged for the last 2 weeks and we know the CEO owns ~500M restricted shares. They are a reporting company and would be required to fill out a Form 4 to indicate selling of his shares within 2 days of the transaction. As far as I can tell, he has not diluted any of his shares. The money needed to pay the debt will come from issuances of preferred(restricted) shares rather than common stock which can be converted on demand. The increase of the AS is to ensure ALL conversions can take place in the event that all debtors wanted to convert at once. I have seen it take a few months for TA to update an AS increase. We will see it soon. IMO
Ron Miller announces that Silverton Adventures will be issuing Anti Dilutive Convertible Preferred B Stock to all confirmed stockholders in street name, to compliment the same preferred shares that it has issued to management, and shareholders of record.
13M @ .0006s broke the other day within a few hours. 10M here should not be an issue.
Lol, could be .05 I won't say it's impossible. I think there will be a TON of flipping occur though. I feel there would be flips at every .001 incrementing level for 5-10M shares per flipper, spread of course, and that volume adds up. I could see a multi-day run for sure. :) All JMO of course.
Yes, another 200M+ day would look very different than before. We would be sitting .005+ IMO. Just need a catalyst.
Break/Hold of .0008 would be epic. We would be trading in the bull-zone of the BBs.
I thought you might like that ;)
He has announced his plan already. He will be issuing updates as they reach milestones in the plan to:
Ron Miller, CEO of Silverton Adventures Inc. said, "The Three Pronged Plan is necessary to attract investment and equity into Silverton. We will also restore investor confidence if we commit ourselves to remove affiliate and non-affiliate debt, register with the SEC and buy equity that we can consolidate for value on our financial statements. Our aim is to build net stockholders' equity on the balance sheet. This is a process we are committed to forging ahead with, and our resolve to complete those tasks are a function of effort, teamwork and time."
He further stated, "We have a team of very qualified professionals to implement this strategy and our mandate, moving forward, while we add sound accounting and legal representation to make good on this Agenda. Additionally, Silverton Adventures will seek a more transparent dialogue with its investors, as to the clarity of implementing those objectives. As we meet certain milestones, the investment community will be more thoroughly aware through our disclosures and public records.
Agreed, we should hear something from him soon. Hopefully he will update us next week, if not this week.
There are key players watching here. This will get quite a bit of attention once there is some consistent action. We will see that in the next week or so IMO.
It may be a late riser. Afternoon may be more eventful.
Someone wanted out. Probably impatient and tired of seeing a red account. A little patience would have paid off well. IMO
Sorry, I made a mistake. The next report will be the 10-k annual report in Oct. Jun. 30th was the end of their fiscal year.
Yes. Long, medium, and short term investors/traders will profit here. To each their own.
We are only 5M away from yesterdays total volume. Seems there are more eyes today = growing interest. Hoping to see more as the week passes.
Remember to trade this wisely. It will not shoot straight back up. Sell the peaks, load the dips. Keep an eye on the news and filings. Always perform your own DD.
Barring further dilution this should recover well. IMO
.0007 is the EMA 5. It is a minor resistance right now, but should become support once held. .0008(EMA 10) is the next minor resistance followed by a crucial resistance .0009(middle bollie). Once we break/hold .0009 it should become support for the upward move to .0014(upper bollie) and beyond. What's interesting is the next minor resistance .0028(EMA 20). This has a lot of room to run, especially with the major resistances @ .0155(SMA 50) and .2853(SMA 200). Long term potential is crazy here. I don't expect it should reach .99 again in the near future, but high .0Xs low .1Xs are attainable(months) with a great Q and news to boot. IMO
SMA CHART:
EMA CHART:
Bollies:
Nice bid building here.
We may see a 10-Q today. It is due, and they released the last 2 around the 20th.
Thanks. The potential should be known, and that post should provide the tools for a trader to make an educated trade here.
SVAD chart & DD
$SVAD
DD Notes ~ http://www.ddnotesmaker.com/SVAD
##### recent news/filings ~ source: finance.yahoo.com
Wed, 24 Jul 2013 17:04:08 GMT ~ SILVERTON ADVENTURES, INC. Financials
read full: http://finance.yahoo.com/q/is?s=svad
*********************************************************
Tue, 23 Jul 2013 14:50:00 GMT ~ Silverton Adventures CEO, Ron Miller Announces Plans to Issue Convertible Preferred B Stock to its confirmed stockholders in street name.
[Accesswire] - NEW YORK, NY, July 23, 2013 - (eTeligis via ACCESSWIRE) - Silverton Adventures Inc. (OTCQB: SVAD) CEO Ron Miller announces that Silverton Adventures will be issuing Anti Dilutive Convertible Preferred ...
read full: http://finance.yahoo.com/news/silverton-adventures-ceo-ron-miller-145000894.html
*********************************************************
Fri, 19 Jul 2013 13:25:00 GMT ~ Silverton Adventures' CEO Ron Miller Announces Measures to Reduce its $726,054 Negative Working Capital.
[Accesswire] - NEW YORK, NY, July 19, 2013 -(eTeligis.com via ACCESSWIRE)- Silverton Adventures Inc. (OTCQB: SVAD) CEO Ron Miller announces that Silverton Adventures will be taking immediate steps to reduce its negative ...
read full: http://finance.yahoo.com/news/silverton-adventures-ceo-ron-miller-132500737.html
*********************************************************
Tue, 16 Jul 2013 16:05:00 GMT ~ Silverton Adventures' CEO Ron Miller Announces new Agenda for the Company with a Three Pronged Plan for Success
[Accesswire] - NEW YORK, NY, July 16, 2013 - (eTeligis via ACCESSWIRE) - Silverton Adventures Inc. (OTCQB: SVAD) CEO Ron Miller announced that Silverton Adventures is implementing a Three Pronged Plan to build shareholder ...
read full: http://finance.yahoo.com/news/silverton-adventures-ceo-ron-miller-160500817.html
*********************************************************
Mon, 20 May 2013 13:18:45 GMT ~ SILVERTON ADVENTURES, INC. Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/130520/svad10-q.html
*********************************************************
##### chart ~ source: stockcharts.com
##### chart ~ source: eoddata.com
##### company info ~ source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/SVAD/company-info
Ticker: $SVAD
OTC Market Place: OTCQB
CIK code: 0001419122
Company name: Silverton Adventures, Inc.
Company website: http://www.silvertonadventures.com
Incorporated In: NV, USA
##### extra dd links
Edgar filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001419122&owner=exclude&count=40
Latest filings: http://www.otcmarkets.com/stock/SVAD/filings
Latest financials: http://www.otcmarkets.com/stock/SVAD/financials
Latest news: http://www.otcmarkets.com/stock/SVAD/news - http://finance.yahoo.com/q/h?s=SVAD+Headlines
Major holdings: http://data.cnbc.com/quotes/SVAD/tab/8.1
Insider transactions (1): http://finance.yahoo.com/q/it?s=SVAD+Insider+Transactions
Insider transactions (2): http://www.secform4.com/insider-trading/SVAD.htm
Insider transactions (3): http://www.insidercow.com/history/company.jsp?company=SVAD
RegSho: http://www.regsho.com/tools/symbol_stats.php?sym=SVAD&search=search
DTCC: http://search2.dtcc.com/?q=Silverton+Adventures%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information: http://www.spoke.com/search?utf8=%E2%9C%93&q=Silverton+Adventures%2C+Inc.
Corporation WIKI: http://www.corporationwiki.com/search/results?term=Silverton+Adventures%2C+Inc.&x=0&y=0
WHOIS: http://whois.domaintools.com/http://www.silvertonadventures.com
Alexa: http://www.alexa.com/siteinfo/http://www.silvertonadventures.com#
Corporate website internet archive: http://web.archive.org/web/*/http://www.silvertonadventures.com
http://www.pennystocktweets.com/stocks/profile/SVAD
##### last known share structure ~ source:
Holladay Stock Transfer
Shares Outstanding: 979,900,234 a/o Aug 19, 2013
Float: 453,600,234 a/o Aug 19, 2013
Authorized Shares: 979,999,994 a/o Aug 19, 2013
Par Value: 0.001
##### business description ~ source: otcmarkets.com
The Company operates two wholly owned subsidiaries, Silverton Printing, Inc. and Worldwide Academic Media
DD Notes ~ http://www.ddnotesmaker.com/SVAD
SVAD chart & DD
$SVAD
DD Notes ~ http://www.ddnotesmaker.com/SVAD
##### recent news/filings ~ source: finance.yahoo.com
Wed, 24 Jul 2013 17:04:08 GMT ~ SILVERTON ADVENTURES, INC. Financials
read full: http://finance.yahoo.com/q/is?s=svad
*********************************************************
Tue, 23 Jul 2013 14:50:00 GMT ~ Silverton Adventures CEO, Ron Miller Announces Plans to Issue Convertible Preferred B Stock to its confirmed stockholders in street name.
[Accesswire] - NEW YORK, NY, July 23, 2013 - (eTeligis via ACCESSWIRE) - Silverton Adventures Inc. (OTCQB: SVAD) CEO Ron Miller announces that Silverton Adventures will be issuing Anti Dilutive Convertible Preferred ...
read full: http://finance.yahoo.com/news/silverton-adventures-ceo-ron-miller-145000894.html
*********************************************************
Fri, 19 Jul 2013 13:25:00 GMT ~ Silverton Adventures' CEO Ron Miller Announces Measures to Reduce its $726,054 Negative Working Capital.
[Accesswire] - NEW YORK, NY, July 19, 2013 -(eTeligis.com via ACCESSWIRE)- Silverton Adventures Inc. (OTCQB: SVAD) CEO Ron Miller announces that Silverton Adventures will be taking immediate steps to reduce its negative ...
read full: http://finance.yahoo.com/news/silverton-adventures-ceo-ron-miller-132500737.html
*********************************************************
Tue, 16 Jul 2013 16:05:00 GMT ~ Silverton Adventures' CEO Ron Miller Announces new Agenda for the Company with a Three Pronged Plan for Success
[Accesswire] - NEW YORK, NY, July 16, 2013 - (eTeligis via ACCESSWIRE) - Silverton Adventures Inc. (OTCQB: SVAD) CEO Ron Miller announced that Silverton Adventures is implementing a Three Pronged Plan to build shareholder ...
read full: http://finance.yahoo.com/news/silverton-adventures-ceo-ron-miller-160500817.html
*********************************************************
Mon, 20 May 2013 13:18:45 GMT ~ SILVERTON ADVENTURES, INC. Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/130520/svad10-q.html
*********************************************************
##### chart ~ source: stockcharts.com
##### chart ~ source: eoddata.com
##### company info ~ source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/SVAD/company-info
Ticker: $SVAD
OTC Market Place: OTCQB
CIK code: 0001419122
Company name: Silverton Adventures, Inc.
Company website: http://www.silvertonadventures.com
Incorporated In: NV, USA
##### extra dd links
Edgar filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001419122&owner=exclude&count=40
Latest filings: http://www.otcmarkets.com/stock/SVAD/filings
Latest financials: http://www.otcmarkets.com/stock/SVAD/financials
Latest news: http://www.otcmarkets.com/stock/SVAD/news - http://finance.yahoo.com/q/h?s=SVAD+Headlines
Major holdings: http://data.cnbc.com/quotes/SVAD/tab/8.1
Insider transactions (1): http://finance.yahoo.com/q/it?s=SVAD+Insider+Transactions
Insider transactions (2): http://www.secform4.com/insider-trading/SVAD.htm
Insider transactions (3): http://www.insidercow.com/history/company.jsp?company=SVAD
RegSho: http://www.regsho.com/tools/symbol_stats.php?sym=SVAD&search=search
DTCC: http://search2.dtcc.com/?q=Silverton+Adventures%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information: http://www.spoke.com/search?utf8=%E2%9C%93&q=Silverton+Adventures%2C+Inc.
Corporation WIKI: http://www.corporationwiki.com/search/results?term=Silverton+Adventures%2C+Inc.&x=0&y=0
WHOIS: http://whois.domaintools.com/http://www.silvertonadventures.com
Alexa: http://www.alexa.com/siteinfo/http://www.silvertonadventures.com#
Corporate website internet archive: http://web.archive.org/web/*/http://www.silvertonadventures.com
http://www.pennystocktweets.com/stocks/profile/SVAD
##### last known share structure ~ source:
Holladay Stock Transfer
Shares Outstanding: 979,900,234 a/o Aug 19, 2013
Float: 453,600,234 a/o Aug 19, 2013
Authorized Shares: 979,999,994 a/o Aug 19, 2013
Par Value: 0.001
##### business description ~ source: otcmarkets.com
The Company operates two wholly owned subsidiaries, Silverton Printing, Inc. and Worldwide Academic Media
DD Notes ~ http://www.ddnotesmaker.com/SVAD