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What could possibly happen within 60 days to pull this thing out of the toilet and stop them from having to raise the A/S to the stratosphere? Huge RS is the only thing that comes to mind, certainly wont be another unreported "understanding".
.0001 or worse, another billion shares yet to be dumped.
Jeff and Pacific Airwell certainly seem able to deliver for Skywater. Once again, "material" information MUST be reported within 14 days. Not when you feel like it, not when it is convenient, regardless of the holiday, regardless of how you feel.
You really see this nothing company at a market cap of over a BILLION dollars? They have $1,800 on hand and a mountain of debt. Their only business is "understandings" within banana republics and the company that prints their shares, who by the way is probably getting paid with worthless shares. I seem to remember all the shareholders of CMKM were going to Vegas for a big bash. How did that work out????
My best "write off" ever.
"Material" events must be reported within 14 days.
14 days to report any "material" event, where are the 8K's?
This company manufactures nothing, the whole of it is a small rented cubicle in an old bank building on Trent Ave in Spokane Wa. Up to their neck in toxic debt and printing shares day in and day out. IF even one of these "MOU" came trough with some kind of order, they have no cash to pay someone to tool up and buy the necessary stock to produce units. I cannot imagine any manufacturer taking that kind of risk for a company in such dire straights.
Nothing to justify that kind of move, ($1800 on the books vs 50 million market cap) and many, many more shares to be dumped in, each diminishing those existing.
Can't go any other way now. Expect the AS to be raised again. Pre reverse shareholders will be castrated.
Kind of makes you wonder don't it. Once you put it in a filing, it had better be real, 14 days for any "material" event.
I'm in by subscription, miles from .00 anything.
5 years? Forgive me if I'm a little tired of it. I've been sitting on this dog since 2008 and have seen it and heard it all several times.
How many "partnerships" have come and gone? $1800 on the books.
I suggested this some time ago. Nobody wanted to hear it. Better to live in fantasy than truth.
Great news, tremendous opportunity. Argentinian cowboys (Gauchos) seen drinking from muddy hoof prints. Certainly this will lead to billions in sales. Oh happy days.
Wasn't there some big news coming any minute? Certainly they must have identified some "new" opportunity since the last.
Four Zeros coming?
They raised the AS to 2 BILLION shares and that may not be enough to cover at these prices. They may have "toxic financed" themselves right out of control of the company.
Quit a boost, they have $1100 on the books.
Thats why they call it "toxic" financing. Lots more to come.
They will certainly "identify" another tremendous "opportunity" soon.
I'll just restate the obvious, They have delivered on nothing.
Stick around long enough and you will find these people are big on talk of opportunity but a complete fail when it's time to deliver. They actually manufacture nothing and with an income sheet of $1100, I doubt they would find any reputable manufacture to take them on as a client.
Many, many, many more shares to be issued. You really don't believe the two billion share AS was just a number they pulled out of a hat do you?
This company has a long history of "identifying" opportunities, sadly nothing has come from any of them. Almost makes one question if there was ever anything there at all. Looking at their last sales figures I'm thinking there was nothing and wondering how much longer this farce can go on? I'm reminded of CMKX. Perhaps these people might share a cell with Urban.
Still lots of shares to be issued, and at some point a reverse split. The same story that is played out over and over in the OTC markets. Sadly those holding now will take a beating as always.
That agreement was cancelled and Pacific Airwell has moved on as a visit to their web site will confirm. Ambient had so much potential, but seems to have done EVERYTHING wrong. Nearly impossible to recover from this type of poison pill financing, such a shame as they had much better options.
Some of the notes convert at face plus a 50% discount. This mess is a long way from over.
It seems to me the stock was supposed to be at 20 cents for Stockdale to get his nut. I wonder how much lower it must go for him to get the boot.
I wonder what they will do with the 27K they will get from the 90 million shares the company is dumping into the float?
AWGI reaches new 52 week low. Seems to be the only news they can print these days.
Not to worry! I'm sure they will be identifying a new "opportunity" soon.
jpotts@islandstocktransfer.com
50 million shares would almost buy a ticket...........
How long before they are removed from the QB?
I've held the stock since 2008, what are you thinking?
How many when you add the 50% discount?
I'm mad too!
Madd, how many shares can you get for $750K at a 50% discount????????