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Thank you ARCA for pushing up the pre-market bid. We'll have to see if it really means anything or if it's just a screw up.
Why are you so confident?
Train - I must admit I'm waiting right now for someone to state that they've made the call and found the A/S to be increased.
I see your logic on this Wadi, and I'm glad you're feeling positive about it. I believe it's a possibility. However, I disagree on this not being information. Soapy leaks info that Steve M allows him to leak. If he's changing the i-box in this manner, it should be interpretted as a message from Steve M. Then I must ask why. After all the accusations, why would he not just keep his mouth shut and make it happen rather than leaking something like this?
This info leakage is completely inappropriate. What's the point of it? It looks so much like a pump for dumping shares, I'm really struggling with it. Am I supposed to believe the company wants to give us a heads up so we can buy some more before it happens? After the way they've treated us over the past several months, I find this very hard to believe.
Soapy - This is a joke, right? Am I really supposed to buy into this after all of the previous company no-shows? I have to admit that Alaninvestor is sounding pretty intelligent calling this one ahead of time. It sounds like it plays right into everything he's been saying up to this point.
Glad I loaded up yesterday. If I didn't, I would have only had all day today to do it, and probably tomorrow, and maybe the next day, ...
I'm not afraid to go out on a limb.
We're definitely trading sub-dollar before the end of the day.
mjc - I'm with you. I would like to see what happens if we go down to a penny. This action, or lack thereof, is really getting boring, and I would like to see if there's really a floor there.
Did Snake and friends sell out or is he just taking a break?
Wish I had the answer to that and a few other questions, but the "they" I was referring to was MMs. "They" would not give me anything on the bid at .0106, but when I moved to .0107 they gave me half at .0106. I had no quantity limits on my order.
That's only for companies that don't deal in millions...
The bid was .0106 and ask was .0107 yesterday. I moved up to .0107, and they gave me half my shares for .0106. They're trying to keep it down.
We need some people buying on the ask. With the way the stock has been moving, all the regulars know how easy it is to pick up shares on the bid. It's time for doing some pushing.
That's a wide spread on the bid and ask for 7:30 am. (.0103 - .012). It's not even time for UBSS to drop out yet, they usually do that at around 8:08.
And a mirror trade for the 2M
I got a bunch at 0106 and 0107
I moved up
They're ignoring my bid again
That's interesting. I was seeing the same (.0103) on multiple systems even though I had a large bid at .0104.
Never mind, they moved it up. Do you see any bids on .0104?
What are you seeing as the highest bid?
Soapy - You're buying a lot of shares today. Why now?
Maybe this leak of info was all part of the plan...
Soapy - Should we be expecting any communications in the near future or are we stuck waiting for the 10Q?
I agree. And late last night, Micro made comments indicating the company needed to dilute in December for production of the initial Spongebob orders but is buying back. This scenario makes sense to me. I don't like Steve trying to cover that up, but it presents a case where the O/S really got upto 1.25B and has come back down to 700M since.
That will teach them not to come drunk to a meeting.
I think if it was fake, Doug would have made that claim yesterday. Instead, he took the approach of trying to convince people that the numbers had not been updated for retirements.
The dumper allowed me to add a little more.
Picked up enough - now I have 1 million
Train - You have a good point there. If they don't dispute it, there's no reason to continue gagging.
I tried 117 for a while, and couldn't get anyone to bite.
I think you need to divide that by 10.
one correction turner - to report or gag the info given. If this information is true, the TA is not doing their job.
I'll take elimination of the RME shares first. That triples the PPS of the company.
I certainly hope so. I don't believe that buyout is in the best interest of the shareholders. Perhaps the delay in all of this that has frustrated Alan so much is because the company knows they can do much better for us than 12 cents. That's really a joke that only benefits the buyer.
From Micro on Doug's buyout offer
actually that is mostly true. Steve told me to work with Charles Morgan to get the PPS up. He also asked me to talk with them about handling IR for Spongetech and they would pay them for that.
Joel and I schduled a call with them that night for 8pm. When Paul joined the conference call, he was drunk off his ass and sluring! We had another investment banker on the call with us to help with the call. Paul told us he thought Doug was shorting the stock and said he had even asked Doug if he was.
We talked to Paul about the buyout. He said Doug had approached him for help. Doug wants to make a buyout offer for the company for .12c. Charles Morgan agreed to fund some of the buyout and offer 5 million dollars if Doug would put up 3 million. Doug told Paul he did not even have 1 million to put up so the buyout failed.
We called Steven about the drunk call and he told me the next day he fired Paul for getting on the call with the groups drunk.....whatever
Yes Wadi - This is a very interesting discussion...