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Good Morning! Should be an interesting day.
Corporate Stock Transfer
3200 Cherry Creek Drive South
Suite 430
Denver, CO 80209
Telephone (303) 282-4800
Fax (303) 282-5800
Email: info@corporatestock.com
Those preferred shares are not part of the Outstanding. Hopefully they are never needed, just used for the poison pill effect. Anyhow, this could be a good play. Wish I had the energy now to do more research. Good luck
The O/S is outdated, I don't know the current. It appears the A/S is 65M. A call to the TA is due. Always keep an eye on the SOS site. :)
15M preferred, poison pill shares.
http://www.sos.state.co.us/biz/ViewImageAttachment.do?fileId=20071595844&attachment=1&attachLoc=
Unfortunately, no one knows the share structure at this point. 90M O/S is probable imo. DVAR is looking at this as their own coming to the public market. GSNR shareholders are insignificant in the eyes of Broadnax. The shares he issues to his team will most likely be based on the $3 after the split, how many of those will become free trading? You can bet he has structured this so GSNR shareholder sells will have little effect on the price. BTW, the float listed on pinksheets also states as of 12-31. You cannot choose which of the listed structures to be true just because it is what you want. lol
GLTA
Doesn't look too serious to me.
http://www.sec.gov/litigation/admin/2008/34-57098.pdf
http://www.sec.gov/litigation/admin/2008/34-57098-o.pdf
It would appear that they just never filed for "shell" status or deregistration. This can be cleaned up rather easy I would think. We shall see.
The Authorized shares are not affected by a R/S, so the answer to your question is "no".
I believe the latest info from the TA confirms the AS has decreased. We are currently waiting for clarification in PR form. :)
I believe today is the day. At least I would like to think their goal is to uplist. ;)
Looking good here. Just might be a very exciting week after all. lol
That sounds like my first 60% assumption. lol
Who knows, I did check with the recorders website. No online access to info that I could find.
Nice article from '04:
http://www.bizjournals.com/houston/stories/2004/06/14/daily31.html
"Mr. Broadnax , after studying electrical engineering and photography at Virginia Tech, became a photographer and later, Director of Photography for the Houston Post. In 1992 Mr. Broadnax founded All Source, Inc., a systems integration company, which became ranked 2nd (second) on the list of Houston's 100 Fastest Growing Companies. In 1995, Mr. Broadnax expanded to become an Internet provider. This company, Insync Internet Services, Inc, became the number one fastest growing technology company in the 1998 Houston 100 Fastest Growing Companies list. In 2000, he sold Insync to Reliant Energy and Mr. Broadnax became the Senior Vice President of Reliant Energy Communications. After fulfilling the terms of his employment contract with Reliant, he purchased his latest company, Dovarri, Inc., a 7-year old CRM (customer relationship and management) software company. He now serves as its Chairman and CEO."
OH Yummy. lol
I'm looking for $9 bids ;)
Same for scotturd. The last ticker change I had on a Monday, wasn't converted until after market on Friday. :(
Oh well, no plans to sell this week anyhow.
I think u are right. It looks like IN is now doing annual evaluations on all property. Greedy politics... lol
I did find that the most recent annual taxes paid was $9K. As I said, greedy politics. I think I'd find a cheaper state. :)
Later, I'll look to see what I can find. I needed another excuse to open a beer anyhow. :)
oop, sorry. 1998 was the year it transferred to them? Anyway, still assessment is 60% of true market value, right?
You are kidding, right? First, that is dated 1998. Second, it is used kinda like assessed value for taxes. So wouldn't that be like 60% of market value in 1998? I'm not current on commercial market value in IN.... but I could guess the value has at least doubled in 10 years.
Yep, sometimes I don't read these throughly I guess. lol
"The upgrades to the satellite location will be at the operator's expense to finalize the proposed agreement,” stated Collorafi."
Wow, good history. This interview tells how Geary ended up buying Dovarri.
http://www.thebusinessmakers.com/2006/09/16/episode-67-businessmakers-flashbackgeary-broadnax/
Where is my mind! Remember Geary mentioned in the interview that he had talked with Jim before going public? Check this....
Dang... sorry, they won't play the archives. Searching... lol
I want news dammit. :)
http://www.smallbusinessadvocate.com/cgi-bin/search.cgi?Search=all&txt=geary+broadnax&Submit=Search
Where did u read that? I missed that altogether. Or is it common practice for this business type? Thx
Yeah I'm sorry for all in the red here. I bought all the way down to .006 expecting this to pop any day. I had to finally come to my senses. Good news is, at this price I can buy more than thrice as many shares as I sold. Is thrice a word? lol
The hardest lesson I've ever had to learn in penny trading. Never be afraid to sell, odds are much more likely you can buy lower than sell higher. Just a point to ponder.
<<<<<<<<sold all, and waiting :)
it's a std form, check here type. lol
How about leasing the satellite?
Crap, he said he had to put a float out there. lol There used to BE a float until the R/S....dammit! lol
Otherwise, sounds good to me. This Jim guy is much less of an interviewer than I'd have been, but at least it's something. :)
Notes on Nev SS site claim an additional 10M .001 par value shares increased 11/27/07. Total cap 410K. I would assume without ordering the complete doc that those added shares are preferred, who knows at what conversion factor. Could this be a loophole in the total authorized?
Stalemate, no buyers and no sellers. Maybe the company will have to release the merger terms to jump start the trading. lol
If I may.... it depends on your broker. I believe scottrade will be the last. My choice acct has already converted. All should be converted by the end of the week.
Is there nothing to talk about here except AB BS? Sorry, just tried of reading the same ole crappola. lol
I was sure we had already determined AB's motive.
It is rare for any trades the first day after a R/S in my experience. Four days later, usually all sells(or at bid). Anyhow, hopefully they release more info soon and it is buying instead of selling.
Most brokers won't let you sell until the new shares are delivered. FWIW
Pretty crappy PR IMO, wonder if they intend to file an 8K..... I want the details of the close, i.e. how many Dovarri shares converted and before or after the split. Should define the O/S & float at the very least.
Disappointed investor...
2000 ask, I like that. lol
Helllllloooooo. It's been real quiet here for the last year. Rumors have been heard around the LAK area that seem quite interesting and I wanted to ask if anyone is still following this?
An afterhours PR with expected revenues would be wonderful. lol
This gives the Dovarri shareholders a bigger chunck of the pie is all. That is expected, the good news is they won't need to inflate the A/S to do it.
There may be another reason why they want the PPS in the $'s also....
Wish I had dry powder....
Not at all, I'm holding mine. :)
Most times, a R/S is bad. Not always true, we will see. The closing price x 150 will determine the opening pice.