Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
At least the Bid/Ask is up. Volume... no so much...lets hope she comes back
It's this paragraph, that states it does not take much to put the preferred C's onto the market as common
1.4. CONVERSION AND ANTI-DILUTION.
(a) Each share of Series C Preferred Stock shall be convertible at par value $0.00001 per share (the “Series C Preferred”), at any time, and/or from time to time, into the number of shares of the Corporation's common stock, par value $0.00001 per share (the "Common Stock") equal to the price of the Series C Preferred Stock as stated in 2.6 of the Bylaws, divided by the par value of the Series C Preferred, subject to adjustment as may be determined by the Board of Directors from time to time (the "Conversion Rate"). For example, assuming a $2.50 price per share of Series C Preferred Stock, and a par value of $0.0001 per share for Series C Preferred each share of Series C Preferred Stock would be convertible into 250,000 shares of Common Stock. Such conversion shall be deemed to be effective on the business day (the "Conversion Date") following the receipt by the Corporation of written notice from the holder of the Series C Preferred Stock of the holder's intention to convert the shares of Series C Stock, together with the holder's stock certificate or certificates evidencing the Series C Preferred Stock to be converted.
Not very good at reading these as I find even more confusing than my teenage daughter.
They gave the share holders on record 5,906,455 preferred C share's, with a public market value of $2.50 each. (around $15,000,000 worth) They also gave the company 10,000,000 of the same share's (another $25,000,000 worth) Those 10,000,000 shares can be purchased by "the share holders on record" for $0.00001 per share, but have a $2.50 public market value per share. Then for each one of those shares they can convert them into 250,000 common shares.
Some please tell me that I have figured this out wrong, because if not, it could mean that the 15,906,455 preferred C stock can be converted into 3,976,613,750,000 common stock.
WE hold common stock.. No preferred's for us.
This is a good sign right.
OK Thanks , I just saw some 9's go through and now 1's . It started like my neighbors old Nova. Take's a few minutes to get started and then just jumps out the gate. Love it
Strange , 5 minutes in and my live RBC feed is showing nothing, not even a bid or an ask?? any one have anything that shows something or did this just not do anything yet
I came here a couple of days ago. Bought in at 0.0007 (250,000)I have very little money to work with , Started with $200 and trying to flip it around and up quick, so I find movers and make my $50 bucks and move on. trying to bring it up to $20,000 before I start to pay attention to the stocks and the company they represent. Because it is now the weekend , I decided to read a bit more on the company. DAMM, now I don't want to sell, but I also need more shares so I will have to do some flipping, Wish me luck
I came here a couple of days ago. Bought in at 0.0007 (250,000)I have very little money to work with , Started with $200 and trying to flip it around and up quick, so I find movers and make my $50 bucks and move on. trying to bring it up to $20,000 before I start to pay attention to the stocks and the company they represent. Because it is now the weekend , I decided to read a bit more on the company. DAMM, now I don't want to sell, but I also need more shares so I will have to do some flipping, Wish me luck
In the first 5 minutes , over 10% of the daily average have traded with a 12.5 % increase... Nice start to the day
In the first 5 minutes , over 10% of the daily average have traded with a 12.5 % increase... Nice start to the day
6 BILLION SHARES , 6,000,000,000 @ lets drop it down to 1/2 a cent per share = $30,000,000 , WOW, and this company was at $0.20 back on Feb 2nd 6,000,000,000 x 20 cents =$1,200,000,000
That is some serious cash that this worth ????
Ok thanks Dave. I cant reply in private as I do not have an account.
Ok thanks Dave. I cant reply in private as I do not have an account.
Who do you trade ExplorerDave? I've tried a couple of time's to short stocks on the OTCBB and the OTO pinks but they won't go through. I get a message back from my bank saying I can't short OTCBB or the pinks and greys.(says were not aloud to short them, may be a rule just in Canada, don't know) I can on the TSX , Venture ect ect but not the other's mentioned
we just passed the daily average of shares traded, one third of the way to yesterdays total. Where is share price going to go
Just noticed that 26,000 shares are through already. Can anyone see at what price. I don't pay for a service so I can't see till market open
HMMM, up 13% in the first 10 minutes
HMMM, up 13% in the first 10 minutes
Any reason it went up 65% on Friday , aside from the News release that doesn't say anything firm about this company
Looks like your ship caught some wind in its sail today
HMMMM, what do you think. I like what the company does . I like the fact that it is "Made in America ". BUT...... I think for now I will take what little I have and park it somewhere else
Thank You, I am glad I read that when I did. I think I will now cancell my buy order and move onto something else, but keep this in the corner of my eye
The Current 8-k filling, dated May 20th 2013. top of this page on the news realease's. Read between the lines a bit and it says it . I also phoned there this morning and all the managment team will be in meetings all day. Look at it this way. if the company is not dead, the share price should bounce back up a ways, may not be all the way, but it will bounce to a certian degree. If the company is dead, and you do invest, well , then you loose some money ARE YOU A BETTING MAN, lol, (SOrry had to do that because of your name)
The Current 8-k filling, dated May 20th 2013. top of this page on the news realease's. Read between the lines a bit and it says it . I also phoned there this morning and all the managment team will be in meetings all day. Look at it this way. if the company is not dead, the share price should bounce back up a ways, may not be all the way, but it will bounce to a certian degree. If the company is dead, and you do invest, well , then you loose some money.
There seems to be some in fighting with managment.. I am looking at it as an incredable buying opertunity. I see a good "Dead Cat bounce" , maybe a double or more from here. Could be wrong, but I think they will be back to the normal price in a day or 2
I bought lots of shares a few years back, lost a shart load here, Sold off my last 2 million earlier this week at 0.0001 and thankful that I still got a little back. But don't fret people. now that I sold it is sure to go up again. HMMM should I buy back in ?,
I bought lots of shares a few years back, lost a shart load here, Sold off my last 2 million earlier this week at 0.0001 and thankful that I still got a little back. But don't fret people. now that I sold it is sure to go up again. HMMM should I buy back in ?,
Super 8-k ??
I thought it was some kind of cross country ski event, so I looked it up . there is a camera function called a super 8-k . has to do with lighting , (sorry ,not a cereal) but I also came across this article. Sounds like a super 8-k has something to do with but shells .
OTCBB Shells – The Reverse Merger Process - Part VIII
Submitted By Ralph Amato
Closing on the Shell
Upon the closing your SEC attorney has now received all of the due diligence on the shell his client (the “Buyer”). The attorney has also received all of the stock certificates with signed (and usually with gold medallion guaranteed signatures) stock powers from all of the Sellers.
The escrow agent releases the funds held in escrow to the Sellers and the transaction is closed. The shell is now closed but the transaction is far from over. Your attorney will file what is referred to as a super 8K usually within four days of the closing. The super 8K outlines the reverse merger transaction that just took place along with disclosure about the Buyer’s company inclusive of two year audited financial. A super 8K can be rather lengthy
(Its early and I'm just messing around' maybe even put a bit of a smile in someones face, sorry if my post might piss someone off)
Im showing that I have 50,000 (With a cross ) worth a great big zero, Are your 400 showing as being worth anything?
TLHAMMAND,IT is $0.003 not $0.0003, I know we keep seeing $0.0003 about once or twice a year, but this show's as a third of a cent (almost), not a thirtyith of a cent. Brad, thanks for your response, OUCH for who ever bought those. Up here in B.C. they are going to be passing a law against the plastic that is used in bottles and lines tin cans. So I think most stuff is going to go back to glass, does anyone know of any companies that make glass jars and bottles that trade on the stock market ?
I just noticed on my RBC account that the 52 week high is $0.003, it was not that last week, did I miss something while I was at work in the past few days or did someone really sell/buy some at that price?
SO IF $1,600,000 IN DEBT IS 0.62% OF THE TOTAL SALE PRICE, THAT MEANS THE SALE PRICE WAS $220,800,000 . HOW MANY SHARES ARE OUT RIGHT NOW ?
Oh .another $50 worth went through while I was typing the last message, today we are up to 13.133 mil in the first 35 min ,Whoa, lets get this thing moving
first 11.6 mil went through by 9:31 then at 9:45 someone put another $100 down for a mil . now nothing , ??? hopefully we build some more volume soon , otherwise any interest we built on yesterdays volume will dry up quick.
half an hour since a trade went through, any one have ant thoughts on this? did it get halted around 12:10 ? did the company dump $20,000 worth of stock and now is done with the dump ? I don't have a clue, does anyone have a guess more informed than what I am thinking?
no trades now for 15 min. maybe the seller is done ?
I don't know how to see this, but do we know who the seller's are ?
200,000,000 plus more than average, have they turned on the printing press and are dumping out $20,000 worth of stock or is something going on?
not halted ,another 3 mil just went though 12:08 - 236 mil