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For many investors, .0001 is the lowest bid or ask that you can enter as a limit order.
The point that I was trying to make relative to the MFI is that I owned between (1.25% and 2.5%) of RSHN stock and thus was probably one of the 10 largest shareholders. I dumped all my shares in a short time yet the MFI remained pegged at 100. I was a large holder and I dumped them all, yet the MFI indicated that money was flowing into the stock. Go figure. And realize that MFI is a statistical quantity that wasn't designed to track money flow in stocks selling at .0001.
Although it must be true that someone is buying when someone else is selling, I can't believe that money is actually flowing in. All of my transactions (over 150 million sold) came across at the ask price but were shown as sells. I think that the MFI is pegged at 100 because all transactions are occurring at the ask price since there is no bid price. IMO, MFI is not an accurate indicator when a stock is flat lining at .0001.
I placed my final sell order for 36 million shares on Jan. 16. It took 3 weeks and 26 separate transactions to sell them all.
I sold the last 3.6 million shares that I owned today at .0001. I guess it's now time for Bob to release the BIG news.
I haven't been able to sell any for the last few days either. It was easier to sell a few weeks ago after Bob said that something BIG was going to happen soon. We need another PR from Bob so we can unload the rest of our shares.
I put in my sell order for my remaining 36+ million shares on the day after the ex-dividend date. After I received my 33,000+ APRU divy shares, I felt there was no need to keep holding RSHN. In fact I have been quite surprised that I have been able to sell 90% of my remaining shares after the divy-date.
No, it means that I'm trying to get out as fast as I can.
Please put in your buy order tomorrow because I still have a few million left to sell.
Recent activity:
1/30/2008 RSHN SOLD 4000000 SHARES OF RSHN AT $0.0001 ($2.01) $0.00 $397.99
1/30/2008 RSHN SOLD 2000000 SHARES OF RSHN AT $0.0001 ($8.01) $0.00 $191.99
1/29/2008 RSHN SOLD 200000 SHARES OF RSHN AT $0.0001 ($7.11) $0.00 $12.89
1/29/2008 RSHN SOLD 900000 SHARES OF RSHN AT $0.0001 ($0.46) $0.00 $89.54
1/28/2008 RSHN SOLD 10000 SHARES OF RSHN AT $0.0001 ($1.00) $0.00 $0.00
1/28/2008 RSHN SOLD 100000 SHARES OF RSHN AT $0.0001 ($6.08) $0.00 $3.92
1/28/2008 RSHN SOLD 5000000 SHARES OF RSHN AT $0.0001 ($2.51) $0.00 $497.49
1/28/2008 RSHN SOLD 1000000 SHARES OF RSHN AT $0.0001 ($0.51) $0.00 $99.49
I've been able to sell 33 million in the last month at .0001 using limit orders. I don't know why you are not getting any bites. All you specifying "all-or-none"?.
You should get a new broker. The commission is too high. Scottrade only charges $7 to sell and if someone will buy your million you will net $93.
Corr will not allow his ownership in any company to fall below 50% because then the majority shareholders could actually be in a position to ask about details of his employment agreement. It looks like he must have owned the right to any AR intellectual property developed by RSHN because he's saying that he owned it and turned it over to APRU for ownership in APRU. Also his employment agreement with RSHN was such that he would always own a majority interest even if RSHN issued more shares. H would get more than half of the new shares as an option grant. Do we know what his employment agreement with APRU says? NO!
I'm glad I sold most of my RSHN last month when I could get .0001. I've had another sell order in this week @ .0001 and it is not getting executed.
I sold 23 million more this morning at .0001. I have unloaded over 100 million and still have 50 million. I'm not planning to sell those anytime soon. I'm not expecting much from the dividend.
My basis was under .0002. I don't keep track of that number because I make my sell decisions based on the current circumstances rathet than what I spent for the stock.
I think there are better places to put my money now. I like JMBA warrants at less than .60. They have a much better chance of doubling or tripling in 2008 than RSHN. They are a possible 10-bagger. IMO.
From the HKBV board. Looks like Bob has a visitor.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25262668
And what questions were you asked?
"Additional details" were never communicated. I believe that a subsequent PR basically said that AR would be part of RSHN in the future and there was no further mention of a dividend.
If the ex-dividend date is Dec 2006, then any stock bought afterwards is basically worthless.
I have never seen a backdated ex-dividend date. The accepted procedure is to announce and give specific details to define the dividend and then set the ex-dividend date as some date in the near future. Although Corr announced an ex-dividend date in Dec 2006 he did not define the dividend at that time thus there was no way to determine its value.
I know some strange things have happened lately but if Corr backdates the ex-dividend date to Dec 2006 he may be facing another lawsuit!
My order for 100 APRU @ 0.20 was just filled. I have no idea how much it is actually worth.
No, I didn't say that I've made money. I've sold a bunch at what I paid for it to minimize my losses.
Scottrade accepted my order to buy 100 @ 0.20.
If they could find buyers at .0002 then the bid wouldn't be at .0000.
OK, I'm waiting for the run. When does it start?
16.7 million was mine.
Or in other words "In two weeks"
Over the last few days I sold 64 million at .0001 that I had picked up at .0001 a few weeks ago. I'm out the transaction costs but I felt there were better opportunities. I still have a sizable position in RSHN but I am done selling for now.
"Before the end of the month, Apple Rush plans to engage securities counsel to pursue the registration process to distribute direct dividend shares of Apple Rush to the shareholders of RushNet, as I have previously promised."
"plans to engage"
"to pursue the registration process"
This looks like more than "2 weeks"!
We still don't know the ex-dividend date or how many shares of APRU will be given for each RSHN share.
I would not want to be in the office when an angry Chrispy enters the door.
Yes, I've rarely ventured into the pinks and don't recall that I've ever had success. It would seem though that if HKBV continues to grow as it has shown then it will move from the pinks to Nasd. Right now it seems to have a PE of less than 2. How many pinks have a PE of 2. Most have no "E".
So you are saying that even though they are showing a strong sales/earnings growth record, that is irrelevant because they are a pink and only hype counts???
They don't need PR's to sustain the rise as long as they keep posting rising sales and earnings. Wouldn't the RSHN crowd love to see sales and earnings posted monthly.
It looks like Hat Trick might make $1 million in profit this year and the market cap is $1.2 million. The stock looks like a steal at this price. What don't I know?
I tried a test sell at .0001 and couldn't sell a single share.
I've had no problem selling warrants on line with Scottrade.
It looks like Bob has registered his intention to sell 59 million shares. Perhaps he has a deal to sell 1% of the 5.9 billion O/S to someone or perhaps he feels the stock might soon rise and he wants to cash in on the runup. Note that since the transaction at the current price of .0001 is worth only $5,900, Bob doesn't really have to file since the filing threshold is $10,000. Thus Bob must think that he is going to sell these 59 million shares at .0002 or higher, which would cause the transaaction to exceed $10,000 and thus require that he file the Form 144.
Maybe it's part of the 6 billion shares that were set aside as part of the Ga water deal. Perhaps the shares were turned over to the other party and they decided to sell them.
Interesting?? My order to buy 4 million at .0001 was filled within minutes after I posted my message.
I've had a buy order in at .0001 for weeks and they haven't sold me a single share yet. Who is getting all these shares that are being sold at .0001?