Feeling Spongie
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You are 100% correct but the funny thing is we had news great news we ran up to .0010 for about 30 min. I think if that and we droped right back to where we were. Don't get me wrong great for flipers but when I get in I look semi long 6 to 9 months. I would be better of 1 year + for taxes but harder to see what might happen to a company in this economy. Good luck
Debbie
Doc you got a people mark for that post. Have a great weekend
we need news I don't think we go anywhere until then. I agree with doc 100%
That time it worked LOL .006
It's not the tools it's what you know. all you need is one if you know how to use it.LOL Look I know Paul lied and I dont like it . I like what he's done so far, just not where he seems to be going. In the end we both want the same thing for this to go up . so have a nice weekend I have to paint the close :)
Going by todays action, I would say the shares are dried up. Don't know if thats good or bad. The next few days will tell the story. If no good news by Wed and I mean GOOD NEWS . next week I'm out with my .0006 average B4 end of week. Sitting and waiting on good news or rev. reports is one thing. But sitting and watching shares pumped in to a point where a stock should be at .0020 and were at .0005- .0006 is just crazy. And believe me I'm no basher . IVIT could be a .01- .02 stock easy.
I guess I am just spooked with the way Paul answered about the TA.
I know it's a lie and a bad lie at that. That only make me ask myself what else did or will lie about next. GLTA and have a nice weekend guys . Let's hope the tide changes before were swept out to sea. Sorry for so long a post I know this board is always about one or two lines a post but had to blow off some steam :)
See ya Monday
I did not think you would . Thanks again without the sharing of info were all blind and with this stock it seems we need eyes in the back of our heads LOL
If he dumped 500 million say @.0007 thats $3.5 million he could have turned around and bought back the same @ .0005 and made $100K and we would be back @ .0008 by now.
Paul's Email to snave59
----- Forwarded Message -----
From: "Paul Sorkin" <paul@imageemail.com>
To: "spevans7@comcast.net" <spevans7@comcast.net>
Cc: "Paul Sorkin" <paul@imageemail.com>
Sent: Friday, May 14, 2010 10:15:03 AM GMT -05:00 US/Canada Eastern
Subject: RE: IVIT share price.
Hello Steve,
I wanted to follow up with you regarding your last email question.
We appreciate all your support and will continue to update you on our progress as often as possible. We have recently been asked to allow access to our Transfer Agent for information related to our company. To confirm this was a legal method of communicating with our shareholders I have contacted a very well respected 30+ year SEC attorney and law professor to address the Transfer Agent issue some shareholders are questioning. He has confirmed that according to the SEC’s Selective Disclosure and Insider Trading Rules as per Regulation FD (Fair Disclosure) adopted August 15, 2000 and effective as of October 23, 2000 the regulation provides that an issuer, or person acting on its behalf (a Transfer Agent), can not disclose material nonpublic information to certain enumerated persons (in general, securities market professionals and holders of the issue securities who may well trade on the basis of the information), it is considered selective information and not allowed.
I understand there may be companies and even small TAs out there that still allow this type of access to information but as an attorney and as the CEO of this company we will update our shareholders through the proper legal information outlets. If anyone does not believe this to be a true statement please review the SEC website, contact the SEC, or ask an SEC attorney directly and you will find this information is not opinion but legal fact.
With that said, we will continue to update our shareholders legally. We will be updating our website and www.Pinksheets.com often, along with issuing public press releases for relevant updates of the company.
The overwhelming response and number or questions from individual shareholders, while valued highly by our company, can in some events take time away from the primary goal of my staff and I, which is maximizing the revenues and profitability of Invicta, and thus maximizing shareholder value.
I appreciate your support and understanding and we will continue to update everyone as often as possible.
Thank You
Paul Sorkin
From: spevans7@comcast.net [mailto:spevans7@comcast.net]
Sent: Thursday, May 13, 2010 8:11 AM
To: Paul Sorkin
Subject: Re: IVIT share price.
Mr.Sorkin,thank you for replying to my email.I appreciate it.It is just very frustrating to see the share price continually going down.
Steve Evans
----- Original Message -----
From: "Paul Sorkin" <paul@imageemail.com>
To: "spevans7@comcast.net" <spevans7@comcast.net>
Cc: "Paul Sorkin" <paul@imageemail.com>
Sent: Wednesday, May 12, 2010 9:51:46 PM GMT -05:00 US/Canada Eastern
Subject: RE: IVIT share price.
Hello Steve,
I have nothing to hide. I was told that although many companies allow shareholders to call the TA that if a select group of shareholders received that information and traded based on that information they would have an unfair advantage to the rest of the market and that could cause potential legal issues for me and the company. I will discuss this with the TA and the SEC attorney Thursday AM and if they say I have no potential liability for all the games the MMs and shareholders play with our stock then I have no problem ungagging the TA.
As far as the 5 billion plus shares that have been shorted and this ridiculously low stock price and market cap - of course we don't want the stock trading this low or going down. We obviously want the stock to be .01 or higher. We can only benefit from the higher stock price. We have no interest or benefit in this crazy low price and it drives me crazy everyday that the MMs and Shorters play games that hurt all of us and they have been able to keep it trading so low.
Thank You
Paul Sorkin
From: spevans7@comcast.net [mailto:spevans7@comcast.net]
Sent: Wednesday, May 12, 2010 8:33 PM
To: Paul Sorkin
Subject: IVIT share price.
Mr.Sorkin,as you know investors are getting pretty upset about the share price going down despite good news from the company.It doesnt take a rocket scientist to see that you are dilluting the stock.Why dont you tell the truth to shareholders.There is only one reason for a gagged TA-Dillution by the company.You dont seem to care one bit about the shareholders of your stock.Prove to me you're different than the other 99% of pink sheet CEO's by telling us the truth and ungag the TA.
Steve Evans
After reading the letter, I find 1 of 2 things are going on . 1st, that Paul is being led to believe that because not all shareholders know to call the TA, leaving some people out of the know. That is what he is talking about when he said "insider" That could be fixed real easy ungag and then PR all done!!
2nd big suprise he's hiding something
it looks like 100k sells broken down to make it look like a dump
more MM games
Whats with all the .0005's 33400 over and over
Would it be OK if I posted it for all?
Thank you snave I got it
The Transfer Agent ungaged is open to all and would not vlolate insider trading laws. It would not be "insde" anymore. He needs to come up with a better answer or find a new lie-er I mean attorney LOL
Don't like that answer, Because it's not the truth.
Thanks I will try it.
Looks like paul is done with what he was doing. Hope we get a PR soon. Also I would like to post lv2 but can't copy from e*trade to post if someone knows how let me know thanks.
BTW
4 MM's @ .0005 and 4 @ .0006
No trades for 30 min.
LV2 4 X .0005 3 X .0006 nite on top of each
I agree 100% Have a nice weekend
Have to wait around till they get stiff. LOL I sorry I just had to. I love cats LOL
If he's paid to pump, where do I get a job. I know I would get paid at least 3 X more LOL
I was just thinking the same thing. I hope he was on the wrong board. LOL
Also can be done as a stock Divy. Does not have to be money or stock . Could be as simple as a limited edition autographed picture of Paul. Shorts could not give it out .
I put it in at the bid and they filled it at the ask
don't believe it!!! My buy for 125K (last one of the day( went as a sell!!!
WTF this is BS
The filled it @ .0007
I'm going to try with a 125K @ .0008 ;)
.
I use the e*trade pro the price is high but if you make over , I think it's 30 trades a quarter it's free. on market trader I think 25 trades a quarter and it's free.
I ready with a small order to close @ .0008
E*Trade shows the same 614000
They should have waited till Monday for Fin's > Besides the people that sold to make 50 buck's we still have to deal with the day traders dumping b4 the EOD. I think we still close @ .0008. IMO GLTA GO IVIT
Hi guys been around a few weeds slowly adding in the 0005's about 5 mil. now. From what I have seen the M&M's are doing it all. If you noticed the last few days even before they down tic us they put buy's in as sell's. To shake the tree and scare off the new investor. They also hold sells back and put them all together right around 11:00 - 12:00 and it takes most of whats left to the day to get back to where we were. I think we have a real shot at .003 + next week with good fin. GLTA
Debbie
WAG 06/10/2010 9:25 am Good luck all
Spongeboy, This is Dana Salzarulo. I found this way back when the web sites first showed up. He was also behind the other fake web site that we all know had nothing to do with Spongetech.
http://www.myspace.com/93105715
to whom wish to respond what you think does not matter to me. I know what I know and believe, and so do you
GLTA
Go SPNG
Maybe no shorting going on???? Or like I said, I want to see what the SEC has to say. Say tuned for the afternoon. My guess 8 to 10 mil will be traded today. If no shorting all bets off. 5 to 7 mil
No problem TT have a good day :)
Thank you CYRX
You ask a good question. If we knew we might be a lot higher right now.
I do have a real question for you or someone else that might know an answer:
The shares that Lazauskas has to sell to pay the 650K, do they have the super vote that SM and MM have?
If so, what if Pike plans to by them..........
Just a thought, I am not telling anybody this will or might happen, just what if.
A real reply would be nice.
TIA
Debbie