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We have established a new bottom for XMDC now.If you are going to buy or get in, this looks like the low.
People who wait for the filings to be posted and then try to jump in here will be in for a surprise.This will move to .02 before the ink is dry from the PR.
MM's trying to set the tone W/PM sell@.0120
Very nice update for us here on the BCIT board.
Thanks again Opie.
Flood gates open now.
Good luck and remember you are putting us as a group and BCIT in your hands with this person.
Represent us well!!
GL Opie.
We have some buying interest going on,,something come out today?
Ok, which one of us besides me, sells a stock and then it goes up? Go ahead and put your sell in now.
Nice to see buying on the ask instead of the other way around.
He just showing what the price would be if we moved up .0001 a day it would take us two years to get to .10
.0257X.0260 V 46,9k
Well, I joined in on the 100k buying club.Added more just now.To much pressure to watch you buy up the float,lol.
Are we seeing a slow 5k sell off from the company?
Maybe they are trying to go up slowly and try to avoid big run ups and then sell offs.By releasing news a little at a time they avoid this,and makes for a nice growth in PPS.
What do you make of the ask getting hit on little volume then ask drops then boom a bigger sell on the bid?
Jeantex Group Announces Name Change and Capital Restructuring
LOS ANGELES, Feb. 26, 2010
GLOBE NEWSWIRE
Jeantex Group, Inc. (OTCBB:JNTX), a company engaged in green technologies for asphalt, roofing materials, and heating systems as well as in energy and natural resources, today announced that the Company will change its corporate name to "Catalyst Resource Group, Inc." and reduce the total amount of authorized common stock of the corporation from 4,999,500,000 to 300,000,000 shares.
A majority of the shareholders eligible to vote have adopted these changes and the Company will submit a filing with the Securities and Exchange Commission to report these events.
Jeantex Group, Inc.'s root dated back to 1947 when it was first established as an Idaho mining company under the name "Western Silver-Lead Corporation." In its course of business over several decades the company has increased its authorized capital of common stock to 4,999,500,000 shares, a level the Board of Directors considers superfluous. The Company believes it is appropriate to change the corporate
name to better reflect the new scope of business and prudent to reduce the amount of authorized capital to a reasonable level.
The Company has recently entered into agreements with Professor Bernadus Prawoto of Jakarta, Indonesia, who has successfully invented and patented innovative green technologies for synthetic asphalt, roofing materials, bio-fuels, and cosmetic products. In addition, Jeantex Group has signed an agreement to acquire a 49 percent equity stake in Kyung Ki Jae Il Kwang Up Soh (KJS), a South Korean corporation
engaged in coal mining. The Company will issue an update on these transactions and other developments in the next few weeks.
About Jeantex Group, Inc.
Jeantex Group was previously engaged in the textile-apparel clothing industry, focusing on denim goods and accessories. The Company has discontinued its apparel business and is in the process of restructuring into two divisions, construction materials and energy and resources.
Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities
Litigation Reform Act of 1995.
CONTACT: Catalyst Resource Group, Inc.
Frank Pham 714-843-5459 info@cataresource.com
I just bought 10k @14 but my ET L2 shows vol. of 2k? You have a volume number?
Great news on share structure.
I hate this level we are at. I feel we are on the edge of the support cliff @.0250 if we take one more step we fall off.I have tethered myself to a tree just in case.
They removed a 2k buy @.13
Bid higher than the PPS current, people wanting to buy something that is very low of at the moment, float
is the volume today playing off possible news?
Volume coming in on what? Just shorting?
They have to cover 50mil today, they will sell a little to force it down.
Only thing I think of is someone propping up the bid by hitting the ask on a few shares.
Going to test lows today and tomorrow, then start going up with pressure to buy in on PR news rumor by friday.
.0280 X .03 B/A
looks like someone finally wants shares, bid has moved up to almost matching the ask.
IMO, the shorting and covering took place all in one day Thursday.They know that XMDC is sitting idle while waiting on news from the company and they just took advantage of the low volume.Now they are leaving it alone and you see the results.
Thanks for the update, maybe that money went to pay for overtime for the secretary this weekend from answering all the calls from the PR today (wishful thinking).
Nobody buying or selling,..we wait.
ASK @.0320 that might scare someone,lol.
Be nice to see a rogue MM forget to read the memo and have a big buyer ready to pick off about 2mil shares @.04
They are crooks of the pinks,remember. That means they can sell to each other and run it down, then they can buy from the weak.
We can't control the shorting done by the MM's. Let them run it down and buy and they will let it go back up.
I would say to call this group:
Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C.
Washington, D.C.
Same since Feb 12th, look in the I-box.
No,it would be the opposite if bad news was coming.The MM's would want it to go up so they can sell.Right now they are bringing it down to get shares.
the share hunt is on!
Would be nice to whoever has access to the T/A to get a new count on the A/S O/S.