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certainly a possibility, I have been told that the float number is wrong. I am told that the number is really the 1.47. Obviously the volume of the past few days makes no sense including today. I am waiting for an amended quarterly. If that is the case then the shorts have attacked big time, if the change is not made asap as promised then I would go with your theory. I will give it a few days for them to straighten this out.
If a company says news will be out this week or next week and does not divulge the content, then it is not inside information. You people know nothing. With shareholders on this deal who are such a pain in the ass and constantly groveling for info from the company. The company is best to say we have pr's coming and you will find out when everyone else does.
You seem to know the facts but you have not proven that onefi is getting funded through the BTOP program, you assumed it and that is why you are bashing and spreading rumors that they are not a real company because you could find nothing through the BTOP program that they are actually getting funds. Get off the BTOP program, it will save you a bunch of embarassment with other posters on the board.
You are saying that they essentially are involved in the BTOP program, but you also wrote in another post that you had seen that this company was not getting monies through the BTOP, and that you had made calls about it. Well your calls were right, they are not getting monies through the BTOP. Why are you harping on the BTOP program. You are making assumptions and then checking up and then finding out that they are not getting funded through the BTOP. Well if they are not getting funded through the BTOP, and they have executed a contract with the navajo nation then they are getting funds elsewhere. Are you trying to play gaslight with people on this board.
I guess you are truly in the dark. Enough with the BTOP. Where is it that you heard that Onefi is getting monies through them. They are getting their monies through earmark programs. They are the programs that are being done by specific states for specific programs for broadband especially in rural communities. You are the moderator and demand such information, it is right there.
earmark programs for rural broadband are coming up all over the country. Monies are being allocated in the next 60 days or so. If you google earmark programs for broadband you will see the hot debate going on, it is surely for indian communities, and that is why the navajo deal is the first step. I would hope that we will see similar deals being announced in the next 30 days or so. This is the niche that onefi has, and it certainly looks attainable and viable. This dead stock may actually have some legs to it.
The price will move up on any kind of substantive news. I don't want B.S. fluff announcements. I really expect something real soon that will turn the sentiment totally around here. Everyone who is screwed from rdwg are not going to make back your monies with a 1428-1 reverse. I have been there and done that a few times myself so I know and hear the frustration here, but this wimax technology is a super niche and these guys are poised to be one of the benefactors. GLTA
Accumulation at the lowest levels possible is the only way to play the pink sheet otc game. We are bottoming out here as the uninterested share holders are leaving on a daily basis. I will continue to add at these levels.
I have a great interest in wimax technology it is a wide open field that I believe one fi has a leg up into. I hear good things, but time will tell.
For all of you individuals that are having a good time because the stock is going down, I wish all of you all of the best in all of your endeavors. I am here for the long term, a couple of good days or bad days makes no difference unless you are a trader then it would be a problem. If the company performs then you guys will be wrong and if they don't then I will lose some monies, in the meantime I am here for the duration.
I care about substance more then you do believe me. I am hoping that pr's in the not to distant future go into more detail of what is happening. I am a stickler for total truth. My threshold for pain may be a bit higher then most, but I expect results. Having me over here, I hope that I will be able to speak to the proper people to assure all that what we see and read actually comes to fruition.
apparently you have an issue with the former company rdwg, and you may have a good reason to, you are entitled to your view obviously. No one likes dilution, so we do agree on something.
Strong hands simply means the buyers who have come in are long term players and they are not going to day trade or play this for a short duration. Disgruntled shareholders and there are up to 250 of them as of the reverse date are who would push this down to the levels you speak of. Hey you don't like this deal, everyone on this board knows that.
obviously authorized means nothing unless the company chooses to dilute. I am not a total fool, I am in for the long term and if the company does the business purported they will not have a need to dilute. This company for the average guy is still in their infancy stage imo. I am looking at their 4g compatible wimax technology. If successful and placed in these type of indian communities the upside is huge. Unfortunately we all have to see if they can do it. I am betting on them, and if they do it is a huge upside play from these levels. If not I will lose my monies as all of us have all done on these type of issues.
The have been wanting to get out but they had to wait for enough volume to come in to crush the stock. Again the buyers coming in are strong hands, so it is fine for the weak to leave. Why would us shareholders want the weak hands to stay in. Good riddance to all of them. They hurt the stock for personal reasons imo.
I can only attest to what I own personally, but I did not own any in rdwg, so it is a moot point for myself personally. I am going by pinksheets.com and the fact that after the split their were 1.47 million shares, which means before split you can multiply that number in the float times 1428, as that was the split. What does the old market cap have to do with a new company.
An opinion letter is written by an attorney to legally free up shares, but they cannot free up shares that are less then 6 months old, so why don't you get your facts straight. In addition there is 1.47 mil shares post split and we know from the print at the end of the day that someone or some group sold 214000 shares today. My understanding that the float is made up of alot of small investors and 2 to 3 groups of larger holdings, the numbers make sense. What is your reasoning for doubting onefitechnologies business?
The people that dumped today were shareholders leftover from the reverse. The company has a business to run and contracts to fulfill. At this point and time it is of my opinion that based on outstanding shares, the company cannot and would not be selling stock. Any stock that is not in the float presently would have a 6 month restriction at a minimum, and the new company onefi has not been trading for more then a couple of months. Your facts and theory are not in line with reality. Wake up and smell the coffee.
The float number of 1.47 is correct, so alot of selling is ridiculous, but remember you get double prints especially that 241 today so you really had about 700 real volume or so. Between the mm's screwing around and the vigorous selling you have a market like today. We should really watch for a spike up here with some positive volume unless more shares come out of the woodwork.
wrong again slojab. You are most misinformed into the mechanics of the pink sheet over the counter market. Yes market makers screw around because they have to make monies trading and thieving, but when a print of 241,000 goes off after the market trading day then that is an accumulation of someone not a market maker selling shares all day and then taking an average price. That amount of selling is reckless in any market and is also one or a group tied to the same block. Reckless because it hurts the real true investors. Anyone stupid enough to sell 241,000 in one day is one of two things, that is a disgruntled shareholder who has a beef with a company or a desperado that needs monies. Either way it is bad. A significant amount of the 946,000 that traded were buys. They were buying from this genius who was selling at an average of 6.4 cents. Buys going into strong hands out of a seller who is weak. Good move for the bold buyers and great move for the shareholders who rid themselves of people who have no intention but to hurt the stock. That is clearly what this individual or group of people did today.
There was a print of 241,000 shares at 6.4 after the market. That simply means one of the groups who are still unhappy are finally getting out. Once these brilliant investors leave we will move nicely. I have no doubt. As long as the company performs.
why get worried over a 60% decline. Once the unhappy rdwg shareholders are out, things will move nicely. Please sell all rdwg holders we are accumulating.
The source of funding for navajo nations and other deployments throughout U.S. and in other countries is not being funded by selling stock in the open market. The government will be funding all of these projects through certain programs done through the state. The reason for the selling today is because the weaker hands are getting out. That is the best news for this company. The shareholders leftover from the reverse are all in a hurry to get out. I think that strategy is very good for us long termers.
I will not argue with you about this fact. You best explain how you know that this is not true. You seem to say this with such belief. Yes people complain to the sec everyday, and yes they call companies out on news. I know of a company that had to verify information for 2 weeks to clear themselves and prove they had what they had. They were cleared because they were truthful.
The problem with this board is that if you say something that someone disagrees with they delete your post. I am the one that said that they received a 20 million dollar contract and that they are a long term play, and that they are a player in the wimax technology scene. All truth's and then people on this board decide to slant opinions of their own which is perfectly fine and then they delete what they don't like. This stock has gone from .07 to .19 in less then 2 weeks, what is wrong with that. No one said they made 20 million on the contract but last time i checked when you do have a contract and you complete it you get paid and you make monies. I also mentioned in my earlier post that finra, sec etc. does not allow companies to put out deceptive news releases. They will call companies to get verification of what they have pr'd. If this company does not have a deal with the navajo nation then the sec would step in and stop trading on this issue. You don't have to agree with everything the pr says but until I find out otherwise I believe the pr. If someone has true dd that can show me that they absolutely unequivically has no contract please demonstrate.
More eyes and bookmarks is the key here. The company is in its infancy stage and looks like it will be a major player in the wimax area. Still have too many sellers. If selling would slow down the price would be appreciating. It appears that this will be a good long term play.
Now your talking. This company is on the edge of becoming relevant. I am looking for the long term. By year end this company will be setting up this tecnology in multiple areas.
Nite always plays the games, volume is the only way to move this. I am impressed that there are virtually no offers except nite. This simply means no one has stock for sale except for nite and who knows if his selling is even real. I am hoping for another news release that would give all of us an actual state in which this project is in. Engineering, equipment etc.
The definition of execute is, to complete as to a legal instrument; to perform what is required to give validity to, as by signing and perhaps sealing and delivering. I am not going to argue the english language with you any further, but this company just put together a 20 million dollar deal with the navajo nation and you are interested in semantics. Please stay on topic here and realize that this company is on the brink of huge things.
That post made absolutely no sense. What does their financial statements and a 20 million dollar have in common. Absolutely nothing. You need to check your facts out as I believe you don't understand the big picture. Lets stay positive and on topic people.
I have never seen a board so down about a stock up for the day. This contract is the first step. They have more in the pipeline, but you do have to start one at a time. I see a pattern here Navajo Nation, perhaps more Indian Nations coming. 20 mil is alot of money for a pink sheet company to be able to get a contract, this is a major breakthrough.
Have been looking into this company for about 30 days, and have checked out wimax technology with some people who know, and the product is outstanding. The company has inroads into some very special situations. I hope that we will hear of them in the coming days. The profitablility of their product is outstanding and the float is small. Not enough eyes on the issue, but hopefully others will start to look after 100% raise in price today. I am a numbers guy, i am interested in revenues, profits and most of all pe ratio's. I am hoping to get a better idea of those numbers as news comes.
This board is going to turn positive. This company is actually doing business. My dd has told me that they have many contracts in the works to deploy their wimax technology.
The float of onfi is under 1.5 million. The outstanding goes up after a reverse in any of these deals. Those shares are for the officers of the company, which have restrictions for anywhere from 6 to 24 months. I would focus on the companies ability to build and deply its wimax technology in rural communities throughout the World.
This is another phase of crystal properties business. This project is very large. I believe that more details of this endeavor is going to come out. This is not a future project this is now.
Hoping this company is on the right track. The volume and price movement today is impressive needless to say.
put your 2.3 mil out we will take you tomorrow. Looks like you are going to make a major score. What does someone do with 460.00. Just think if you wait till .0005 you would get 1150.00.
Nice reply crapsman. It is guys like you that help the mm's in their quest to destroy good little companies with upside and most of all the average investor. I am holding long and will till I have a reason to see otherwise. Once the name change we should get to the next level.
stockcharts.com has put cphg into their database.
The information has been updated on pink sheets.com
The company has also put out a news blurb today that states it's intentions and time frame to move on to bulletin board. All information on pink sheets can be verified.