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Everything I post is my opinion.
479.362,864 when I called yesterday. Not sure if anyone called today or not, been out all day.
There are 479 million shares outstanding as of yesterday as a result of Cornell being finished.
Give lowtrade a break everyone. He knows what he speaks of with charts and I've rarely seen him post something even marginally off TOU. I think he's just not used to something that has this much potential to move so fast that it can make your head spin. Charts are good guidance, but when dead-on DD and charts collide, DD has no equal.
Tom's doing the right thing and most importantly, at the right time(s). He knows this will run as is, no need to fuel a fire that's already hot as heck. PR's will come when you least expect it. All IMO and good luck to everybody.
I remember it, can't remember now who it was but it got lost in the post-close chatter.
You gonna sit there and hold that stick of dynamite, or are you gonna fish? LOL, Jerry Clower.
Well, the fact is that this is now at .0109 and climbing. Beyond that, you're own your own.
Call the TA, you can punch 30 and speak with Amy. 1-800-266-7151
OS - 479,362,864
and I believe, the end of it.
That's what I'm thinking too. May be one of the reasons for today's movement, no real sellers to speak of.
I just got off the phone with Amy at the TA and as of right now the share count is as follows:
OS - 479,362,864
Restricted shares - 21,046,884
Anyone called the TA today?
did ya have to google it?
Thanks, showing my age and memory impaired-ness here.
You guys are too funny, 200, 911. You think you could print PI for us too and maybe 8576309 with the word "Jenny" out beside it?
Now we've got 404. Must mean impending explosion. LOL.
I think so, 5 minute RSI at 22 and change.
No, not aware of him going to another board. Really beside the point though. He know what he speaks of and I value his/her input, but pretty sure he/she has the same agenda as I do.
Sad to say, but there's just about nothing that will change my mind about this company other than a PR saying the deal fell through. Really find that scenario hard to believe considering the credentials of management and the fact that Tom is one of the Wisebuys founders. For him not to know beforehand what the audited financials will show is a pretty far stretch and weighs significantly in the risk vs reward arena, IMO. I think the problem is that not enough people have done any DD, they've been exposed to this because of maybe message board ratings or some other method and decided to follow along with the crowds. As such, their impatience and time frame dictate their trades and limit or eliminate their profits.
I'm pretty amazed that after mowing the yard, blowing up an inflatable raft for my kids, and watching my two kids paddle it around the pond for a while with a couple of pieces of plywood that I come back in here and there's only 18 posts unread. Just goes to show you how many of the posters are flippers. There are many investors on the sidelines, just not posting.
Elvis likes antics, but nothing substantial really happens because he can't back up the 911 call with any follow through.
It's all irrelevant. What I do, what you do, what Elvis does, what flippers, longs, shorts, traders, chart readers, investors do...it's all irrelevant because we just follow the lead, and the lead is Tom and our expectations of him. Everyone thinks Tom's late with a PR, the price goes down. Folks are so anxious to have some immediate gratification and profit that they don't realize they are in the forest because of all the trees. PR cycle, pat on the back from other posters, it's all irrelevant. Give me an honest to goodness brick and mortar company making decent profit in pennyland and it's a slam dunk eventually. It's a real shame that 90 percent of the posters here don't value their money enough to do some real DD, put two and two together, and come up with the conclusion that two + two might actually add up to a little more than 3 in penny land in some cases.
Best thing I like about this board is Creos' sig. That's worth flippin!
Well he can't have a heck of a lotta shares because we all own dang near all of them already! Right? Right!
I have them on my Atrade level2, but they're on the ask. Looked at the ARCA book but didn't see anyone there.
OK, well I'm headed over to the SEC website and putting Scozzafava in the full text search box and setting it on auto-click. lol.
Yeah, that's pretty cool lowtrade. Is that an indicator that they need shares or something else.
You're good long term. Short term it's just trying to touch the 50 before it goes back up. Be confident in your DD.
Looks like someone rained on our little mid-day parade with that 2mil.
Just tapped the ask a little bit for us there.
I surely hope some of you offshore traders are shorting this while you've got the chance.
yup, there goes the adx, rsi, and macd.
Gonzi please don't PM me anymore. Trouble with what you say is that your timeframe is too short, like hours maybe. Think big and quit poring over the tape every minute and you'll do fine.
If we could get slaughtered some more like today, I'd be plum tickled pink!
I do believe we're going to see a retest of the HOD in the afternoon and I think it's going to be replaced with a new one. JMO.
I wouldn't worry too much about it. Folks tend to exaggerate about what they have. Several here with a couple of million for sure, but that's really only $20k dollar wise. Some of this flipping going on today is no doubt a few of them unloading some already.
Now it shows 77. Weird, but I'm not complaining!
Atrade level 2 always shows either 50 or 100 size. Now I see NITE with 80 on the bid. Anybody have a guess as to what that means?
There are two methods of calculating franchise tax. The one you refer to would mean a franchise tax much higher than the $14,479 I think. They are savvy folks and would choose the method that is most inexpensive for the company. I think there were assets there, but I'm wondering what they were.
Right Manny, but what assets did they have to pay those taxes on? Obviously, it was not on Wisebuys or Hacketts.
Franchise Taxes, somebody help me out here.
SWVC 2006 Delaware franchise tax assessment was $14,479.45. Somebody help me out here and let's figure out what the asset valuation was and why. In other words, what were SWVC assets in 2006, they were incorporated on 11/27/2006 according to the DE SOS. Here is my best guess. The immediate below is from the following link: http://www.corp.delaware.gov/frtaxcalc.shtml
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To use this method, you must give figures for all issued shares (including treasury shares) and total gross assets in the spaces provided in your Annual Franchise Tax Report. Total Gross Assets shall be those "total assets" reported on the U.S. Form 1120, Schedule L (Federal Return) relative to the company's fiscal year ending the calendar year of the report. The tax rate under this method is $250.00 per million or portion of a million of the assumed par value capital, which is calculated as described below, if the assumed par value capital is greater than $1,000,000. If the assumed par value capital is less than $1,000,000, the tax is calculated by dividing the assumed par value capital by $1,000,000 then multiplying that result by $250.00.
----------------------------------------------------
Obviously, they did not use the issued shares method, and they did use the assumed par value capital method.
It appears to me that if the franchise tax was $14,479 and the rate is $250 per million of calculated capital then the total gross assets listed on the franchise tax report must be around $59 million.
OK, I've posted this before, I know. Does anyone have any idea what assets they would have paid franchise taxes on for 2006?
They paid the franchise fee for something, anybody know what?
Also, please see the following posts:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22310831
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22311958
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22312268
Very few are sure the business plan will succeed, probably starting with Tom himself. However, the past history of Wisebuys indicates that it has a better chance than most any other penny stock I can lay my eyes on.
CONVICTION is what you see here. A solid company gradually moving out of the penny arena because of transparency and belief in DD.
Conviction is why we traded just over 5 percent of the float on a 25%+ gain day instead of 150 million shares. Conviction is the reason there are many, many more days to come like today.
TL I agree, take care of the pennies and the dollars will take care of themselves.
LOL. 15:59:28. 10k