Tip for the day: Don't try having sex while on a moving horse.
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In regard to item one in this morning's company email. Refer to Post #86083, copy of the company email addressing the 8k, and scroll down to item five. I was incorrect. They stated they would reduce the 5 trillion figure in due course, not immediately, as I had thought.
"5. AUTHORIZED SHARE CAPITAL OF THE COMPANY:
From the Form 8-K Filing:
The Company confirms that the Board of Directors had resolved that the Company's existing Authorized Share Capital in the amount of 5 Trillion shares of Common Stock be immediately reduced to an amount of 35 billion shares of Common Stock.
The Company will in due course reduce this number of its Authorized Shares of Common Stock to no higher than the amount of 75 Billion shares of Common Stock through the filing of amended Articles of Association with the Secretary of State in Wyoming."
New to this board, but not CTIC. I am liking this one for the next couple of days!
Stockupgirl, email that question to Fortress requesting a clear & concise response. I would like to hear their answer.
I got that email too aceshigh. I am disappointed that they have not reduced the 5 trillion figure. I am scanning the older emails now for a particular point of interest. Didn't they say it would be reduced immediately... over a week ago?
...and does this prevent Lumb from selling the two properties? That's a big negative Rubber-duckie. (gruff-military-voice) Free to sell the land Gold Leader. Free to sell the land!
And the likely tax lean on the properties is inconsequential at this juncture. So tell me once again, where is the lie?
5000 shares each trade = $110 per trade. Oh, why bother. Never mind dog.
I read your post Silver and began to wonder what, if anything, Garner is doing. Is he still the IR since the CC? I know of several share holders, myself included that have emailed him with questions in the last two weeks and not one of us has received a response. Where as, in the past, he was relatively quick to reply.
The triggers you mentioned may be correct, but they were well timed in regard to the chart for ASFX... Hmmm... the chart looks good now, yet we can't hold the gains and it drives me nuts. Legitimately promoting the stock (Mr. Garner_ if you are reading this) would be stellar.
I thought so too. I was just trying to get some conversation going. :)
at $110 dollars per trade... sorry doggone, hardly likely. If they were trades in the thousands of dollars your comments might have merrit. No dice my friend.
What was up with that long string of sells in 5000 share blocks late this morning?
Zecco is buying & selling shares according to the rep I just chatted with.
That is interesting. Last traded at 1:30. I will see what Zecco says.
Hmmm. Let me do the math on that...
Gunner I would not buy more until it steps up & away from the .002. Planning a successful trade to essensialy balance your losses and get out is delicate. If it holds at .002 I think it will trade sideways and consolidate again. The last two days surprised me because XHUA is one of those stocks that usually rebounds off of the lower bollie... this time, it pierce it three days in a row and I'm thinking it may break thru the .002 for sure. Forget what I said this morning about "testing the .002 next week" as it is happening now with little selling pressure.
Yes. ;)
How many people just cocked their head sideways, scrunched ewbrows & thought of Abbot & Costello when they read Prisoners post... raise your hand!
That is hard to say. We are all waiting for the results, no doubt positive & profitable, of the buy-out negotiations.
I think you are right. It is Friday... traders converting to cash.
Gunner,
It looks like its just you & me! Trading down again today, but I don't think we will see a test of the .002 support until next week. The lower BB is being ridden so hard that it is moving down and causing them to widen instead of tighten... (me no likey that) I was hoping and am hoping for a bounce off of it with some volume, but I guess the CCI & RSI are going to continue going deep for a bit longer.
http://stockcharts.com/h-sc/ui?s=XHUA&p=D&yr=0&mn=6&dy=0&id=p52341243853
I am not gittin excited, Mr. B. and the PR are just re-affirming what we already know. Let's just hope to get back in the .0003/.0004 range. :)
I agree Mr. Smith. I am thinking the last few days will have been just the first wave. Just my opinion.
Did you also call the TA to find out if they have completed sorting out the mess that the last TA handed over to them? It would not be possible or prudent to file new forms with the state if the current TA is not absolutely sure of the numbers they are dealing with.
Paunch, good idea. My intentions are to hold my .0002's until we hear positive news of sale of the properties, eat twinkies while watching Chips (on dvd), do paperwork, and patiently wait.
I almost typed something to that effect in that last post but held off to see if some patient holders (like me) would chime in. I agree. Nothing has changed. This is not a 1500% return in one day kind of play. Thanks for chiming!
I am gathering from the tone of this afternoon's sentiment that confidence is dwindling.
Here. Here. I agree.
Mmm. I was surprised we hit .0004 and held it as soon as we did. Sitting back and holding for now.
That would be nice... can you "make it so number one"?!
Again... ASFX had diferent directors at the time of the two PR's from over three years ago. As to why they are not listed on the site, you would have to ask their IR rep. Those PR's are freely available on any news site and do not require any sort of in-depth research to locate. I doubt ASFX is trying to hide anything... nothing mysterious there.
"Same song just different day on up-listing promotion."
They aren't promoting anything but their products. They are not out and about paying promoters. They properly announced it in a press release to share holders and the general public.
A couple of things here: ASFX has diferent directors now than in march of 2006. The 75mill sales figure was a GOAL for fiscal year 2006, which they obviously did not achieve that year. They never once claimed or said they had made 75mill in sales, it was a target for the company and early in 2006 they were on track to reach it. The company did not lie about about it.
Why would a top law firm take them on as clients for the uplisting process now, in 2009, if they were a crap company? They wouldn't! Who cares about figures from 2004 & 2005... different management back then.
The product NDD has been improved since conception and with recent and future legislation essentially creating the market for ASR, this is a win win. It failed before due to not having regulated support like California has provided recently and federal may soon follow. Did I mention the acquisition of Kidzmed??
This company is going to make us money. Save your irrelevant remarks for a different board.
Am I clear on this, yesterday you liked this company, today you refer to it like this: "ahem...asfx pos"
hehehe... we should have bought back in January.
Why bother making a statement like that when you have no proof? "Santa Claus is buying Amazon shares... blah blah" ::))
Try bribing a couple of IT guys with redbull & dougnuts. It worked for me once.
Agreed Peter. I haven't flipped since I bought in early last week, only bought more.
Yeah.. that's my dream woman, Becky Worley. ::::))))
Steady progress. I like it!
It is catching on... Will we see a billion traded again today? Hope so!!
Did you establish a timeline for this bill yet? I've got squat, but will call my state's U.S. Senator's office to see if they can provide any dates.
I love Clay's video charts. Thanks Clay.. I passed it to some other boards.
Always DD Q stocks!