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last day before delisting on june16 NASDAQ / OTC is waiting
maybe r/s coming soon - need a SEC filing today
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see last Q
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We can regain compliance with the Rule if the bid price of our Common Shares closes at US$1.00 or higher for a minimum of ten consecutive business days during the grace period, although NASDAQ may, in its discretion, require us to maintain a minimum closing bid price of at least US$1.00 per share for a period in excess of ten consecutive business days before determining that we have demonstrated the ability to maintain long-term compliance with the Rule. If we are unsuccessful in meeting the minimum bid requirement by June 16, 2015, NASDAQ will provide notice to us that our Common Shares will be subject to delisting from the NASDAQ Capital Market. We will be afforded an additional 180-calendar day compliance period following receipt of the delisting notice provided that on the 180 th day of the first grace period: (i) the market value of our listed Common Shares (calculated by multiplying the daily closing bid price of our Common Shares by the number of our outstanding Common Shares) is at least US$1 million; (ii) we satisfy all other applicable requirements for initial listing of our Common Shares on The NASDAQ Capital Market (other than the bid-price requirement) based on our most recent public filings and market information; and (iii) we notify NASDAQ of our intent to cure the bid-price deficiency during the second 180-day compliance period by effecting a reverse stock split, if necessary. If we are unable to regain compliance with the bid-price requirement during the second 180-day compliance period, NASDAQ will issue a delisting letter to us. At that time, we may request a hearing before a NASDAQ Hearing Panel, which will stay delisting of our Common Shares. We must present a plan to regain compliance to the Hearing Panel, which plan should include implementation of the Share Consolidation in the near term. The Hearing Panel will consider our plan, so long as we commit to implement the Share Consolidation within 180 days of the issuance of the delisting letter.
...accumulated deficit of $234.4 million.
Liquidity and Capital Resources
As of September 30, 2014, we had $170,000 in cash and cash equivalents compared with $267,000 as of December 31, 2013. Cash used in operating activities was $333,000 for the nine months ended September 30, 2014 compared with $536,000 used in operations for the nine months ended September 30, 2013. The improvement in cash flows from operations is primarily due to reduced operating expenses.
Payments on short-term notes payable within cash flows from financing activities reflects disbursements for opportunistic low interest rate borrowings that occurred in 2013 and 2014 in order to pay annual insurance premiums.
Going Concern – We have historically incurred operating losses, and we may continue to generate negative cash flows as we implement our business plan. There can be no assurance that our continuing efforts to execute our business plan will be successful and that we will be able to continue as a going concern. The accompanying condensed consolidated financial statements have been prepared in conformity with US GAAP, which contemplates our continuation as a going concern. Our net income for the nine months ended September 30, 2014 was $2.5 million as compared to net income of $34.8 million for the same period in 2013. The operating results for the nine months ended September 30, 2014 included $2.6 million of net gains related to financing instruments, and the operating results for the same period in 2013 included $34.1 million of net gains related to financing instruments.
Net cash used in operations during the nine months ended September 30, 2014 was $333,000 as compared to net cash used in operations of $.5 million during the nine months ended September 30, 2013. As of September 30, 2014, we have an accumulated deficit of $234.4 million. We also have a working capital deficit of $37.9 million, including $35.8 million in current liabilities for our derivative and debenture financing instruments.
We currently do not have sufficient cash or commitments for financing to sustain our operations for the next twelve months if we are unable to generate sufficient cash flows from operations.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10284408
...we have incurred significant operating losses and negative cash flows from operations.
Since our 2008 spinoff from Integrated BioPharma, Inc., we have incurred significant operating losses and negative cash flows from operations. Our net loss was approximately $3.7 million for the year ended June 30, 2014 and approximately $6.2 million for the year ended June 30, 2013. As of June 30, 2014, we had an accumulated deficit of approximately $41.2 million.
Employees
As of September 29, 2014, we had seven employees
lol...great company.....
http://ih.advfn.com/p.php?pid=nmona&article=63852163
Alaska Pacific Energy Corp. - Catches Attention Once More
http://www.hotstocked.com/article/83682/alaska-pacific-energy-corp-otcmkts-aske-catches.html
During last session Alaska Pacific Energy Corp. (OTCMKTS:ASKE, ASKE message board) gained 100 % and closed at $0.0006. The dollar volume it generated was the highest since the beginning of the year.
ASKE is one of those phantom companies that come around about once a year or less. Usually, ASKE makes its great return after a promotional campaign and this was the case in March 2013 and December 2011. The company gives itself enough time to be well forgotten by investors and then starts anew. This time, however, there is no promotion, or at least we haven't detected it yet, but there was a lot of chit-chat going around Twitter and investors' forums.
If the habitual reappearing pattern isn't convincing enough to make you think things over once more, you'd better get familiar with the following red flags. The figures are always the best source of information about a company and so they come first and are the following as for the fiscal year endign January 31, 2014:
total current assets - 0
total current liabilities - $582 thousand
revenues - 0
net loss - $61 thousand
There is no need of detailed explanations on how bad the lack of money and revenues may influence a company. Other disturbing facts can be found in the notes payable section of the report. The company has a past convertible debt of $78 thousand in principal to the notorious Asher Enterprises, Inc. An even larger amount is owed to Sonny Boyd Williams, LLC and with an authorized shares number of 6 billion, you can imagine in what kind of dilution this whole thing may result.
2ASKE_logo.pngYet, another quite bothering fact is ASKE's relation with company's on the Grey Market. At the beginning of January, 2014, ASKE intended to become a subsidiary of OLIE Inc. (OLIE) and a few weeks afterward, OLIE was suspended by the SEC. And if you pay enough attention to the issuance history, you may come across the name Peter Ruggeri, who is CFO and Secretary of Hi Score Corp. (OTCMKTS:HSCO), also currently traded on the Grey Market. It's a good idea to be careful and always do your DD.
A quick overview of the performance of another company financed by Asher and with quite a lot convertible debt may help you make up your mind. One such is Red Giant Entertainment Inc. (OTCMKTS:REDG) that has been sliding down for the past month. REDG is heading towards the 3-zeros level and may very soon reach it
Nice Homepage..last News / Update 2010 / 2011
old President
last News 2010
call the company....on phone...enyoy the day
www.alaskapacificenergy.com
what a joke company..turn over 4700 US$ - last years
2,5 mio. US$ def.
http://www.nasdaq.com/symbol/aske/revenue-eps
As shown in the accompanying unaudited financial statements, the Company incurred a net loss of $61,348 for the twelve months ended January 31, 2014 and has an accumulated deficit of $2,565,176 at January 31, 2014.
http://www.otcmarkets.com/financialReportViewer?symbol=ASKE&id=120338
take 15 -20 K US$ in hand....make your own quote from 0,002 to 0,01 possible
easy to manipulate this stock....need 2- 3 days volume more 10 -15 mio
Real-Time Best Bid & Ask
0.004 / 0.0048 (10000 x 100000)
Volume 2,242,594
wow..1 mio volume / day
88,6 % buys...today...great ( in the moment )
ETRF 0.0052 2000000 09:53
only 2 mio.
take it...and then we go to .006x next step
RT.....
http://de.advfn.com/p.php?pid=staticchart&s=NO%5EKGET&t=37&p=0&dm=0&vol=1&width=335&height=208&min_pre=0&min_after=0
only buys in the moment
come on need...15 -20 mio Volume today...
Real-Time Best Bid & Ask
0.0049 / 0.0052 (358100 x 28000)
strong bid in the moment
ETRF 0.0045 222200 09:30
NITE 0.0045 200000 09:31
ATDF 0.0045 10000 09:30
bid deal today????
Real-Time Best Bid & Ask
0.0044 / 0.0045 (10000 x 10000)
?????? not really....i will see the 0,006----0,007---and more
About 6.6 million Lbs of pellets for this order that's not a small amount to be dealing with and shipping!
How much Value is this ????
come on Bo ...give a pseudo mega news out...need 0,0053 for zero line...and then i go far away
18 20:12:57 0.0051 54 nasd 0.0045 0.0051 54
Big Deal
lol...take 5 000 Dollars in hand...and you can make 0,003 / 0,0063..what ever ....lol
1 - 1.5 mio in bid and the next step is going..but with 10 k / 0,0055 is nothing.
bo is a bandit i know...but i will win dollars in the game in the moment...and than out and away
no volume today..
http://www.otcmarkets.com/stock/KGET/quote
1 mio waiting in bid
Real-Time Best Bid & Ask
0.0054 / 0.0055 (1000000 x 25000)
strong final
Real-Time Best Bid & Ask
0.0054 / 0.0055 (82365 x 25000)
final..maybe near 0,006 ....????
ASK
NITE 0.0053 476576 14:46
ETRF 0.0053 10000 10:48
CSTI 0.0059 1300000 15:03
Real-Time Best Bid & Ask
0.0052 / 0.0053 (523800 x 383576)
come on..buy 1 320 000 ..and the ASK is 0,0064 ( one moment )
NITE 0.0052 10000 12:46
ETRF 0.0053 10000 10:48
CSTI 0.0059 1300000 11:35
CDEL 0.0064 200000 12:40
no sell only buys
BuyVol SellVol UkwVol
34 16:59:06 0.0053 5,000 nasd 0.005 0.0053 5,000
3,734,184
need 5 mio volume more...
Nobody will sale in bid
bid
ATDF 0.0052 73000 10:46
ETRF 0.005 1120000 10:38
CSTI 0.0049 503300 10:24
ask
NITE 0.0053 483076 10:10
CSTI 0.0059 1300000 10:24
CDEL 0.0064 200000 09:30
CANT 0.0064 10000 10:14
0.00520.0006 (13.04%)
Real-Time Best Bid & Ask
0.0052 / 0.0053 (73000 x 483076)
100 % BUYS today ( in the moment ) ...very strong
need only 2,7 mio ASK buys to 0,0064 - orderbook
long hart way...than stock need ..more as 10 -15 Mio volume / 4 -5 days. think 0,006 is the first target
ASK looking good
NITE 0.0049 1781183 09:52
CANT 0.0052 10000 07:35
CSTI 0.0059 1300000 09:43
CDEL 0.0064 200000 09:30
only buys today in the first time. maybe 0,0055 -0,0057 possible...
oh...la..la
Real-Time Best Bid & Ask...0.0036 / 0.0039
thats OTC... i have other Companys...the same game...invest 17 000 US$...now 7,50 US$ ...same game other name / company...
and one other...in 15 000 ...now 0,0000 ..Delistet....thats OTC
8-K /Apr 28, 2014 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9942223
i lost so a lot of money with cbai the years before......in depot 1 i have 0,50 US$ in No. 2... 0,20 after R/S and Stock price downs.( average )
no chance for money back
with this new position i will trade...no more ...i need so 100 or 200 good trades....lol.....a dream.