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sounds logical because we have traded over 40 million shares in the last two weeks...
I sent IR a reply email asking about the difference in A/S and O/S that they reported to me a few days ago. Also, a couple of clarifying questions. We'll se if they reply.
I doubt it, they wouldn't have put that in writing. 965K shares trades at .0439 at 16:09:34...
PSPJ looks to be bounceing up..
I will be glad when he is no longer on the ask..
Ask UT. Bid building. 1.5M already today and mostly buys. Close to time to add.
I posted an email from Francis that I received last week. That, plus what he has already done, was good enough for me that things are going forward. He said 10Qs by Nov. I like the fact that he's not pumping PRs every week. Indicates this may be different from typical pink plays.
Looks like they will be adding about 33B shares at some point in time. I wish it would go up because I'v been holding for years. Why should we be excited about this?
What is strange is the 200k sell justprior to the ut. If VNDM is moving up maybe that means their shares are running out. They went on the bid briefly yesterday. If there is some more buying we will see.
Why is that good news? tia
I don't know but may you could try to email also. It looks like about 35M+ shares have been traded in the last two weeks. The email stated 56M A/S and O/S. Looks like VNDM should be running out soon unless what they said in the email is true.
They replied to my email I sent yesterday within 4 hours so they will reply to a shareholder question. If you had gotten them on the phone would you have been satisfied with anything they said? I just don't understand what you are trying to accomplish with your constant bashing, especially if you own 100k shares like you claim. I doubt posting on IHUB will get Wilcox replaced. I guess you could be just venting.
You are probably right. It is rediculous to think that there are any paid pumpers or bashers out here.
The email I got from them was not covered by "Forward Looking Statments" clause. That could put them in leagle jeapordy if they are lying. What they are saying almost makes sense. The bashers are hitting this hard, maybe hired by the shorters themselves.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23345140
I have sent another email to IR, let's see if they answer.
Is there anything published about no R/S?
I put in a 10K buy order (it's only $500) at the ask (.051) and only 5K got filled. It sat there for 10 min. The 15K and 50k trades happen well after I put my order in.
I hope we recover.
You still holding your 100k shares?
PSPJ - I don't know, but they did reply. They also gave the A/S and O/S. May be that as Oct. 15 approaches things get interesting...
PSPJ - I got this email response from investor relations just now. Interesting...
Sir,
We are aware of the situation and are working with the appropriate authorities to rectify this as soon as possible. What we believe is happening is that certain firms now have a large short position, and will need to cover shortly. What you are seeing may be an attempt to lower the price so that the cost of covering their shorts is lower.
The authorized and outstanding is approx. 56 million, but a vast majority of these are restricted.
PSPP Investor Relations
From: xxx [mailto:xxxxxxxxxx.com]
Sent: Tuesday, October 02, 2007 6:53 AM
To: ir@eluxefinancial.com
Subject: PSPP Holdings, Inc., stock dilution
Importance: High
I hold a large position in PSPJ stock. Even though you reported on 9/24/07 that you had instructed the Depository Trust Company (DTC) to stop the transfer of certain shares of the Company's common stock, dilution appears to be continuing. The market maker VNDM has been sitting on the ask for days and has sold millions of shares. If what you reported was honest then this should not be difficult to trace and, if inappropriate, halt. Is the company diluting now? What is the current authorized and outstanding share count?
Thanks...
I got this email response from investor relations just now. Interesting...
Sir,
We are aware of the situation and are working with the appropriate authorities to rectify this as soon as possible. What we believe is happening is that certain firms now have a large short position, and will need to cover shortly. What you are seeing may be an attempt to lower the price so that the cost of covering their shorts is lower.
The authorized and outstanding is approx. 56 million, but a vast majority of these are restricted.
PSPP Investor Relations
From: xxx [mailto:xxxxxxxxxx.com]
Sent: Tuesday, October 02, 2007 6:53 AM
To: ir@eluxefinancial.com
Subject: PSPP Holdings, Inc., stock dilution
Importance: High
I hold a large position in PSPJ stock. Even though you reported on 9/24/07 that you had instructed the Depository Trust Company (DTC) to stop the transfer of certain shares of the Company's common stock, dilution appears to be continuing. The market maker VNDM has been sitting on the ask for days and has sold millions of shares. If what you reported was honest then this should not be difficult to trace and, if inappropriate, halt. Is the company diluting now? What is the current authorized and outstanding share count?
Thanks...
VNDM two off the ask...
Most of the trades are for $1.50 to $15.00. They are just trying to shake out weak hands imho.
I have read quite a few of them today and I don't believe you are helping to preserve your investment. I don't like the delay either but I wouldn't keep bashing the stock unless I wanted to add.
On 9/25 you posted that you sold your position. Did you buy back in? What I can't understand is why you would be holding a large position and spreading so many negative comments about the stock.
That's probably what the goal has been all afternoon.
This is the last trading day of the month and quarter. That probably has more to do with it than meets the eye.
Are you trying to talk the stock price lower?
Do you own shares in this?
trade 600 @.0002 = $.12. Who's dumping.
I'm trying to clean up the idiots selling at 3 first.
WNSH Email from CEO Francis Manzo, just received this reply. I am holding and accumulating. This is not your typical pink sheet CEO. He has declared no R/S and no dilutive financing. I doubt you will see any more at .0002 and you can probably only sell at .0003. I think we have the potential of .02 or higher.
--------------------------------------------------------
I sent:
----- Original Message -----
From: xxxxxxx
To: Francis Manzo
Sent: Thursday, September 27, 2007 7:06 AM
Subject: Re: Winsted Holdings, Inc
Mr. Manzo, if you place any value on your shareholders I believe there needs to be some communication from you, if nothing other than to say "things continue to be progressing". It doesn't necessarily need to be a PR, just an e-mail response to some of the stockholders that have been sending you e-mails. There have been a tremendous number of scams in the pink market this season and the shareholder base and positive sentiment appears to be deteriorating.
Thanks for your time..
--------------------------------
----- Original Message -----
From: Francis Manzo
To: xxxxxxx
Sent: Thursday, September 27, 2007 10:16 AM
Subject: Re: Winsted Holdings, Inc
Dear Sir:
In the recent I've send replies to shareholder and have had them completely altered to misrepresent what I sent. I've been careful not to reply to anyone because of this experience.
All I can tell you (legally) is that we have an accountant and they expect to have all the 10K's and 10Q's done by November. I have been visiting various companies looking at possible acquisitions for Winsted. I'm not going to leave it a shell, and I'm not going to 'rape' the company as previous management did.
Regards,
Frank Manzo
That 272000 buy was mine, only a partial fill.
WNSH Email from Francis Manzo, just received this reply. I am holding and accumulating. This is not your typical pink sheet CEO:
---------------------------
I sent:
----- Original Message -----
From: xxxxxxx
To: Francis Manzo
Sent: Thursday, September 27, 2007 7:06 AM
Subject: Re: Winsted Holdings, Inc
Mr. Manzo, if you place any value on your shareholders I believe there needs to be some communication from you, if nothing other than to say "things continue to be progressing". It doesn't necessarily need to be a PR, just an e-mail response to some of the stockholders that have been sending you e-mails. There have been a tremendous number of scams in the pink market this season and the shareholder base and positive sentiment appears to be deteriorating.
Thanks for your time..
--------------------------------
----- Original Message -----
From: Francis Manzo
To: xxxxxxx
Sent: Thursday, September 27, 2007 10:16 AM
Subject: Re: Winsted Holdings, Inc
Dear Sir:
In the recent I've send replies to shareholder and have had them completely altered to misrepresent what I sent. I've been careful not to reply to anyone because of this experience.
All I can tell you (legally) is that we have an accountant and they expect to have all the 10K's and 10Q's done by November. I have been visiting various companies looking at possible acquisitions for Winsted. I'm not going to leave it a shell, and I'm not going to 'rape' the company as previous management did.
Regards,
Frank Manzo
I don't know, sounds pretty exciting to me. Doubt you will be able to get any more at .0002.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23212591
WNSH Email from CEO Francis Manzo, just received this reply. I am holding and accumulating. This is not your typical pink sheet CEO:
---------------------------
I sent:
----- Original Message -----
From: xxxxxxx
To: Francis Manzo
Sent: Thursday, September 27, 2007 7:06 AM
Subject: Re: Winsted Holdings, Inc
Mr. Manzo, if you place any value on your shareholders I believe there needs to be some communication from you, if nothing other than to say "things continue to be progressing". It doesn't necessarily need to be a PR, just an e-mail response to some of the stockholders that have been sending you e-mails. There have been a tremendous number of scams in the pink market this season and the shareholder base and positive sentiment appears to be deteriorating.
Thanks for your time..
--------------------------------
----- Original Message -----
From: Francis Manzo
To: xxxxxxx
Sent: Thursday, September 27, 2007 10:16 AM
Subject: Re: Winsted Holdings, Inc
Dear Sir:
In the recent I've send replies to shareholder and have had them completely altered to misrepresent what I sent. I've been careful not to reply to anyone because of this experience.
All I can tell you (legally) is that we have an accountant and they expect to have all the 10K's and 10Q's done by November. I have been visiting various companies looking at possible acquisitions for Winsted. I'm not going to leave it a shell, and I'm not going to 'rape' the company as previous management did.
Regards,
Frank Manzo
Email from Francis Manzo, just received this reply. I am holding and accumulating. This is not your typical pink sheet CEO:
---------------------------
I sent:
----- Original Message -----
From: xxxxxxx
To: Francis Manzo
Sent: Thursday, September 27, 2007 7:06 AM
Subject: Re: Winsted Holdings, Inc
Mr. Manzo, if you place any value on your shareholders I believe there needs to be some communication from you, if nothing other than to say "things continue to be progressing". It doesn't necessarily need to be a PR, just an e-mail response to some of the stockholders that have been sending you e-mails. There have been a tremendous number of scams in the pink market this season and the shareholder base and positive sentiment appears to be deteriorating.
Thanks for your time..
--------------------------------
----- Original Message -----
From: Francis Manzo
To: xxxxxxx
Sent: Thursday, September 27, 2007 10:16 AM
Subject: Re: Winsted Holdings, Inc
Dear Sir:
In the recent I've send replies to shareholder and have had them completely altered to misrepresent what I sent. I've been careful not to reply to anyone because of this experience.
All I can tell you (legally) is that we have an accountant and they expect to have all the 10K's and 10Q's done by November. I have been visiting various companies looking at possible acquisitions for Winsted. I'm not going to leave it a shell, and I'm not going to 'rape' the company as previous management did.
Regards,
Frank Manzo
Who would sell 1M @.0002 now at this point. That's just about dumb imho.
PAIM didn't do anything prior to the mandatory buy-back except PRs. The X-date was already past when brokers found out what to do.
You may want to check what's been going on with this again. This is not a typical pink hype. There has been too much that the CEO has already followed through on. Also, he doesn't put out a hype PR every other day to say they are making GREAT PROGRESS like hype pinks would do. I'm up 300% now and accumulating.