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In case anyone is interested, here's another one starting up with an ICO.
Any thoughts?
https://www.plexcoin.com/?ref=elsq9CHfeu
Thanks.
Here's one that's being marketed quite well. Very nicely presented. Check it out and please let me know what your thoughts are. Thanks.
https://www.plexcoin.com/?ref=elsq9CHfeu
Let's hope it's a storm that was worth waiting for!
That's pretty cool...
Hey has anyone heard of this and do you think it might be a scam? https://www.plexcoin.com/?ref=elsq9CHfeu
Does one really think it will drop down to .0001? Wouldn't it be a good buy then?
Hey has anyone heard of this and do you think it may be a scam?
https://www.plexcoin.com/?ref=elsq9CHfeu
It's not an office but a house.
OK thanks. Is it a for sure thing that they will be restricted, if so do we have details of that restriction?
Thanks for taking the time to answer these questions.
Could someone technically buy restricted shares, say at a lower price than market?
Thank you!
Thanks for the update. What happens next?
Disregard my last post. 6.5M is 13% of the 50M...sorry.
I might be wrong, but I'm pretty sure that USG1 ends up with 13% ownership of Canwealth. I remember seeing that in one early
e-mails regarding the merger.
Keep in mind that ICBS is a majority Canwealth shareholder
OK, thanks. We've waited years so far, so what's a few more months?
What are we looking at, about another 45 - 60 days you think?
What's the next step after the S-1 has been accepted / approved by the SEC.
This what you're looking for?
http://www.sec.gov/cgi-bin/browse-edgar?company=USG1&match=contains&action=getcompany
Pedro, es tiempo por una tequila, ya dejalo!
"I believe he's in for a shocker once/if the real O/S is ever revealed."
I doubt that very much. He didn't plop down $1,863,100.00 between the 19th and 23rd of October for 42,000,000 shares of a company that's trading on the Greys and under a SEC investigation and with class action suits against them if he wasn't pretty sure about something. I'm not saying that he has inside info, because he may not need it. Maybe he's $1.8M confident that the O/S is still 722M as it was in April or possibly even less. After all no one has stated / cited any factual data that it's not.
http://www.secform4.com/insider-trading/1220289.htm
I'm on 1 post a day, so enjoy it!
Outlook from Global Equity Report
While the winds swirl (noise) surrounding the shares of SpongeTech Delivery Systems Inc. (OTCBB: SPNGE.OB) with respect to tardy financial filings and alleged accusations of improprieties, The Company remains a ‘Major Marketing Machine’. However, until the ‘dust settles’, we would remain cautious in the trading of the shares with prudence warranted.
http://globalequityreport.com/spng_techview_092409.html
Sorry if it's a Repost
As you so eloquently state "common shares don't mean d..k", this is what they really are:
Shares outstanding are common shares that have been authorized, issued, and purchased by investors. They have voting rights and represent ownership in the corporation by the person or institution that holds the shares. They should be distinguished from treasury shares, which is common stock held by the corporation.
It's better to be thought of as a "fool" than to open your mouth and remove all doubt!
Ryan, very astute observation. The fact that Fisher bought SPNG, carries a lot of weight and futher solidifies SPNG's position.
Good find.
100,000 retail locations by year end. If each location orders an average of $500.00 per month, yearly revenue is $600,000,000.00
Cash Divi anyone?
Form T Trades
Here's an explanation on Form T Trades:
There was a time when the individual stock investor could only buy and sell stocks during the regular trading hours at the major stock exchanges. In the United States, these hours are typically from 9:30 a.m. to 4:00 p.m. However, online trading began to rapidly gain popularity in the 1990s, leading to a greater demand for stocks in general, and particularly a demand for the ability to trade stocks after the traditional business hours. A FormFormForm TTT is a formformform that brokers are required to use to report transactions that occur after the market’s usual hours. TradesTradesTrades that occur outside of regular market hours are thus referred to as FormFormForm TTT tradestradestrades.
After-hours trading had been available for some time to institutional investors and high net worth individuals, but became more widely available in the late 1990s to individual traders with the rise of Electronic Communications Networks (ECNs). If an investor or trader is a customer of a brokerage that has access to an ECN, then they can engage in FormFormForm TTT tradestradestrades in the after-hours marketplace, which is open an additional two and a half hours after the traditional markets close in the U.S. An ECN acts as the go-between for buyers and sellers in the after-hours market.
For the individual as well as the institutional investor, FormFormForm TTT trading does present a few important advantages. If the investor happens to find out something that may have an effect on the price of a stock after hours, they have the convenience of acting on that information immediately. Otherwise, it would be necessary to wait until the markets open again, by which time the information will have reached many more investors, making it harder to profit from the situation. FormFormForm TTT trading also makes buying and selling U.S. stocks more convenient for foreign investors who operate outside the usual hours of trading in the U.S.
It should, however, be noted that FormFormForm TTT trading should be done with the utmost caution, especially by the individual investor. The risks may in many cases outweigh the benefits. The biggest drawback of after-hours trading is the lack of liquidity. This simply means that for some stocks, tradestradestrades become very difficult to execute, and some stocks may not trade very little or not at all during extended hours. Additionally, depending on the broker, an order may not reach all the possible venues where it could be executed, so if it is executed, it may not be at the best possible price. Some investors do feel that the risks of FormFormForm TTT trading are worth the rewards, but it is best suited to those with the most experience in the market.
http://www.wisegeek.com/what-is-a-form-t.htm
Hope this helps, GLTA
Tick, tock is right. The longer SPNG ticks, the higher the PPS when she blows. Shorties, you'd better be looking for shelter because you just won't know what hit you and it's gonna be painful!
GO SPNG and GLTA
All JMO.
SPNG is now on the "US stocks that are not shortable (Regulatory restrictions)" list. See below:
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?cntry=regSHO&tag=Reg%20SHO&ib_entity=llc&ln=
Nice one! Contraceptive sponges for "hours of fun"
Where did you find that?
This should happen to SPNG before the big PR comes out. Checkout VHC, it's halted pending news.
http://finance.yahoo.com/q?s=VHC
How about a SPNG Trifecta on Friday, the 31st?
1) Release of the 10k
2) Spongebob Squarepants finally hits Wal Mart
3) SPNG gets uplisted to NASDAQ
Wishful thinking I know, but can you imagine the tidal wave that would hit?
GLTA and GO SPNG!
SPNG FTDs were over 5M last year with low volume trading. Imagine what that number is today? Staggering to say the least.
Looks like NSSs and FTDs are closely related:
Investopedia explains Failure To Deliver
Whenever a trade is made, both parties in the transaction will have to transfer the cash and assets before the settlement date. Subsequently, if the transaction is not settled, one side of the transaction has failed to deliver. Failure to deliver also can occur if there is a technical problem in the settlement process carried out by the respective clearing house.
For forward contracts, a party with the short position's failure to deliver can cause significant problems for the party with the long position, because these contracts often involve significant volumes of commodities that are pertinent to long position's business operations.
Failure to deliver is also important when discussing naked short selling. When naked short selling occurs an individual agrees to sell a stock that they neither own nor have borrowed. Subsequently, the failure to deliver creates what are called "phantom shares" in the market which may dilute the price of the underlying stock.
Also, don't SEC rules regarding shorts apply to the US only? There's NS going on elsewhere...right?
RME holds 257M....see below:
http://data.cnbc.com/quotes/SPNG/tab/8
The 10K comes out about a week before Labor Day. There's going to be some fireworks.....shorties beware!
SPNG to apply for a NASDAQ uplist in May:
http://finance.yahoo.com/news/SpongeTechR-Delivery-Systems-prnews-15164449.html?.v=1
Those are real shares. It doesn't take into account naked shares and you and everyone else knows that there are millions of NSS that will need to cover soon.
OK it's authentic, now what, the pps is up so obviously even IF it is real it's wothless. 176 shareholders, now that's funny!
NASDAQ listing requirements along with other trading boards:
http://www.venturelawcorp.com/listing_requirement_master_chart.htm
Of course there's always the reverse merger:
http://www.investopedia.com/terms/r/reversetakeover.asp
257M Click here and scroll to the bottom:
http://data.cnbc.com/quotes/SPNG/tab/8
Here's the post from June:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38893676