Large amounts of accountants counting commas.
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MCV now in the trucking industry as well
http://www.quicktransportsolutions.com/truckingcompany/california/mcv-companies-inc-usdot-2709928.php
possible link with service team? acquisition looking more than expected!
Same phone number provided on their construction/landscape website
http://www.mcvcompanies.com/
$SVTE on acquisition watch!
Probable reason for the new A/S Increase
already knew dilution was coming before hand just didnt know how much. that was never a secret everyone knew that. gltu and happy holidays.
better look at the chart again 1/3 of the float has traded in this range or higher. retail selling is about over here.
yeah same flippers, might of missed a chance to add at these levels. dont see it dipping below .0012 anytime soon.
I agree moxy, thats why I added at .0012's lots of bid sitters in the trips to .0011 might have to chase to add. glad someone else sees the probable reasoning behind this A/S increase, easy to see the old A/S had plenty of room to add more convertibles like $500,000 could have been taken out on notes if needed.
plain wicked peeps sold without digging deeper as to the reasoning for an A/S increase. Always assuming the worst, take a look at the 10k-k gotta read the fundamentals here this isnt a pr pumping company.
nice man, something is brewing here the A/S increase was uncalled for due to the fact they has plenty of room for convertibles. Only explanation from the facts we have is there is an acquisition in the near future.
thats true didnt notice that could be another acquisition in the mix as well? From the 10-k it was not necessary at all for them to raise the A/S purely on notes, they had plenty of room before an increase. they are cash flow positive from operations, not necessary to take on more debt to continue operations.
Probable reason for the A/S Increase
i would like to say we very close to clearing all the notes on the 10-k but no one can know for certain
thanks mick looking forward to the developments here
took a starter here on the dip looking to add much more in the following weeks.
O/S only went up my 10 milly not a whole lot there.
there you go wanna slap the rest of vndm out and move up nows your chance.
why would he put 40k down? SVTE doesnt have cash on hand to buy a company doing 2 milly in revenues, how else did you expect them to pay for it?
where does it say he issued convertibles for MCV?
john i respect you but totally disagree with you. they put 40k down on MCV I am pretty sure they didnt have enough shares available to buy out MCV that is why there was an increase.
.0012 was well low and I never mentioned you crackdastocksmoker did.
A/S increase most likely for MCV acquisition
MCV does approx 2 million in revenues, SVTE did 3 milly last year.
*yawn* waiting for it... gonna go grab a beer while im at it.
it wasnt dilution until today bud. on top of that its only 10 million shares some was already taken out earlier today. I dont know where youre going with this.
easily can my friend. over the past 6 days 1/3rd of the float has changed hands.
BIG hit on .0014's theyre falling soon
Cmon Bobo drop the MCV acquistion news today, have these cockroaches scattering
Bid building on .0013's, reversal started.
MCV Acquisition news can drop anytime since the A/S increased!
.0014's hit bids building have a chance to close even by EOD!
I know Kent, I know your MOTIVES too. keep waiting on those trips. Youre not killing my money here.
Im sure youve followed the notes here more than I have
got my .0012's
no there was I knew that. this puts us at 103 million shares added since aug. 31st
does matter whose right or wrong, people always assume the worse. panic selling ensues and the whole process repeats itself... end of Jan. is my exit date, MCV doesnt happen by then. then i will eat my words and walk away with my tail between my legs.
I am not sure on that one boss. i'll tell you it really doesnt matter in the grand scheme of things. it was going to happen regardless.
the 2014 notes? and accusation cases from 2014?
Ive seen companies before raise A/S without the filing. he doesnt need too he controls the vote
I dont care if you flip, Ive flipped here before and I admit it. I never negatively talk the company though, there is no reason to do that. people that bash and scare people to sell for their advantage are the ones that piss me off.
so they put 40k down for nothing? A/S increases dont happen overnight.
why else would he give MCV 40k?
Why keep staying here then?
For the year did they have negative cash flows? MCV does approx. 2 million in revenues what would you value it at? the PPS is low so they would have to give a large amount of shares prolly well over 230 million youre kidding yourself if you think that would be enough.
The O/S increased by 10 milly. that is from a prior note, which would already be done if "longs" wouldnt panic sell every time VNDM shows up
$SVTE buy the scare!
EXPLANATION FOR A/S INCREASE
EXPLANATION FOR A/S INCREASE
good luck boss, shoulda dumped them at .0012 for me though.