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hopefully people can start noticing us. great time for a newcomer to jump in. little dip, better hurry not going to be here long.
well we are expecting news of what they plan to do with their cash. They have a ton of money just sitting around. The BOD meeting was to try and decide what to do.
9's back up.
i really didnt think I was going to have to wait.
i added at .0082. Should have sold my other stock at the bid instead of waiting for the ask so I could have got in more here. I missed out on a lot. Grrrr......
not on your life. we dont even have any news yet!
wow. I run one errand and miss some fireworks. Holy cow does this thing move. Normally I would be a little worried about sell on news with this kind of runup, but we still have almost no hype on other boards and we havent touched the volume I think we can.
This is a whole lotta fun.
i am officially done flipping this bad boy. My shares are now locked up with a GTC order at .021.
Come and get em!!!
only 1 at .007?
i also was thinking I wanted all the news thrown out there right away, but now i think the announcement of the CC and the constant building of anticipation would be very good for this stock long term.
I really hope we get a revenue preview too.
i never thought .02 was possible. I always kinda chuckled when it was thrown out there.
Honestly at this point I will be DISAPPOINTED if we dont see .02.
that actually is a great reply. So many of these companies just ignore your requests for confirmation of dilution. We all know the game. We know these companies dilute. It is why they became pinkies.
They raise capital. I love that they just come right out and say it. Says a lot about the management team.
I asked JD about this very issue, and I found the answer a bit complicated. I wanted to some reading about it before I posted the details of what I found.
I asked JD if the restrictions on the shares were put in place by the company or if it was some other legal issue.
He told me the shares were restricted by the SEC or FINRA and that the company hadn't put a restriction on all of them. He went on to say that if they wanted to sell any shares they could fill out a form and legally sell 1% of the total of the O/S per quarter.
I did some digging about insider trading rules and laws and it is very complicated. Most of the rules you read are SEC rules, which do not apply. However there are regulations regarding insider trading in the securities acts of 1933 and 1934. We know that these laws still do apply to EXPH, because why else would they put the disclaimer at the tail end of their PRs. There are also state and local fraud statutes that have been found to apply to insider trading in examples of case law. So these insiders cannot legally dump their shares based on expecting bad or even dissapointing news.
That would be the "restriction" that JD refers to.
My take on this situation, based on what JD said that these shares are NOT restricted by the company, is that these insiders can sell if they want to as long as they do so legally and not based on insider info.
The most important factor to consider here is that JD happily will state that "no insider has sold". He made this statement to me just the other day in our conversation. He also states it publicly. If that were not true, I dont think he would be throwing it around so easily.
One thing of note too is JD did tell me though that if they were to use any of the 18million remaining A/S that the company would put a restriction on them of at least one year.
here are some of the links I used to read about the insider selling.
http://en.wikipedia.org/wiki/Securities_Exchange_Act_of_1934
http://en.wikipedia.org/wiki/Securities_Act_of_1933
http://www.sec.gov/answers/insider.htm
http://www.sec.gov/answers/pink.htm
If anybody takes the time to read all of this stuff, I would like some input on whether or not I am understanding properly that EXPH would be required to file with the SEC if they end up with assets of over 10 million AND have over 500 shareholders.
I would think if the new product takes off, those marks would be very attainable very quickly.
at some point in time this week, we will see a penny. I dont know if we hold it or not, but we will hit it IMO.
If the PR states any major event, it could be a very fun run for us.
i have never said it is bad. Dont forget, I said I took a position AFTER I spoke to the TA.
I like this company going forward a lot.
i was actually able to get the share structure from the TA. I posted it earlier.
I called the TA yesterday before I took a position.
757,794,420 O/S
1 billion A/S
thats the only point I was trying to make.
With a big board stock that has been around for years and might even be seasonal, well then there is some data you can mine. Or if maybe they have annual events or follow an earnings release schedule or dividend or any other number of things.
Pinkies have just too many variables. Now if you had a pinky that had the same number of shares and a solid history well, i guess that wouldnt be a pinky ;P
Look I dont want to argue with you. We are on the same team here. I am sorry I said something. I am carrying over frustration from other discussions. I just get irritated when I see so many "great chart" posts by people and then the next day when the stock drops its all about well the chart showed this would happen. Well where was that statement yesterday?
You think we are going up because we crossed a line. I think We are going up because people are anticipating news from the BOD meeting.
You feel comfortable using charts to make your decisions. That is your choice. I will stick with information. I just dont put a lot of value in charts that are based on historical values that arent accurate in pinky land.
Share structures just change way too much, way too quickly. Even IFSL has over 200 million more shares than they did back in april and over 500 million more than what they had in February.
Other stocks increase 50% in a month. Hardly a fair set of data points with changes like that.
Thats all I am saying.
Anyway GO IFSL!!!
could you tell us what TDAmeritrade says the O/S count is on EXPH? Thanks in advance.
all this kinda talk is useless. trend line shmend line. If that line meant anything than you would say this IS going down, not it could go down.
Saying it could go down is like saying it may snow more this winter than last.
According to my chart it could go up, down or trade sideways. Did I cover all of it?
get him henry jo! we had a seller!
i am dying to know what they are talking about right now at that meeting.
well in the last 30 days the company has in fact diluted. Unless the number in the ibox was incorrect. However the count hasnt changed in the last week, at least if I am reading my notes right.
The A/S is still the same though.
Edited to add that the effects of this are already reflected in the current PPS
in my head right about now the CEO is telling the others all about his plans for spending the cash.
They have decided they want to fly a bunch of shareholders out to vegas for a party. They are just deciding if it will be at the Venetian or the Wynn.
i think we can all agree it is going to take the right news to finally move this thing.
I think we can agree these PRs would be sure things
1. News of who the 10,000 unit order is too and when it will ship.
2. Release of financials-if they show a nice profit.
3. Release of any new orders(provided they are detailed as far as who, what, when).
I think these are maybes
1. The new product on the 15th.
2. PR that a patent has been secured and a company was acquired to aid in production as long as the share structure is unchanged.
3. PR that units are being shipped from the 10,000 unit order but that they still cant say who it is.
I think that these would be very bad PRs
1. Any delay in the prduct or 10000 unit order.
2. Change in share structure, even if it is to acquire a company.
3. Financials that show a loss.
until then i think it will be paint drying.
how about we agree to shoot the next seller? I personally like the last seller. He allowed me to get some shares :)
this drop should not have surprised anybody not should it really concern anybody too much.
There was obviously at least some hype built in to the stock price because of the dividend. Not much, but some. We didnt see any upward push from it and there were some traders who were in this just for the divvy. That has come and gone and they are looking for their next move.
Heck they may not have even ever looked at any of the mining info.
This stock is now a mining stock and its success or failure will come from that. I honestly wish they would get rid of their MXMI shares. Focus on the JV. Make the complete transition to a mining company.
They are making progress and as long as that continues, like many others have stated, as soon as they slap down a piece of gold and announce how much more is on the way, this thing flies.
If we get down to .001, I wont be happy. I would really rather not add any more money to this investment. Its not my style. But I will still know that gold will move it right past where it ever was and I will be happy on that day.
has this really only traded 300,000 today????
i agree. I was more just commenting that you dont need any fancy TA talk to describe that the price has gone down and that if people keep wanting out it will continue to go down. I also dont need a chart to tell me that if a bunch more people decide they want in that the price will go up.
In fact I just asked my dog how badly you get screwed when buying pressure is non existent. She said "ruff".
translation: the stock has gone down. If we get some more people wanting to buy it will go up.
God bless TA. Telling people what has already happened and what could possibly happen if we get buying pressure.
i dont think nite has anything to do with it right now. the ask is below the last and nobody is buying.
s1c do you really think that there will be a big boost from a cowboys preseason game? The whole agreement is only supposed to boost revenues 1 million dollars for the year.
I think a purchase order PR with real dollar figures with a little cowboys buzz sprinkled in there is probably the best bet for a spike. I just dont think they have had any big sales in the last few weeks, other than stock certs.
so it was at the bid originally? That doesnt surprise me that it took a while. I get concerned when orders at the ask take a while.
how long and at what price was this at?
nothing. It means somebody has some free trades and is having fun.
i have been thinking about getting back in here. You eloquent turd post seals the deal. As soon as I free up some funds consider me a turd beautifier.
why would you guess that?
i think you misunderstood the tone.he was commenting about posts that were saying that TODAY the stock was going to .25. As in it was a ridiculous statement to make because there was no way it was going to .25 in one day.
nope. i did it the same way I always do and I get partial fills all the time.