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I just love how this PR finally has an email address where we can reach Mr. Harz... the rest of it is pretty sweet too.
The only thing that I still don't like about the site is that the email addresses STILL DO NOT WORK. That is my only complaint about this company, otherwise I really love the potential. At least the investor relations phone number works. It goes to Mr. Harz's cell.
Has anyone talked to Mr. Harz lately? I know we used to have some posters that used to call or email him and he was pretty good about letting them know when news was to be expected.
I was buying all day today at 0027. So there are buyers. :)
Right on time for another late day push. .0031s up
DOMS now at the ask... Some new MMs coming in here instead of just NITE and ETMM
We're already at 15 mil volume for the day.
Well the last two days, we've had late afternoon surges around 2:30 pm. So it'll be interesting to see if it happens again today if we're already floating in the high .002s
Another late day jump... Mastertrader you buying again?
Any reason for the large buying on your behalf today?
Does this mean someone put the wheel back on?
Mastertrader said he was back and buying big... Is a lot of this volume from you trader?
Yeah that was me. I hit it for 10,000. Were you the 1,000 order? That was a load of B.S. putting it in after the bell.
There was a 10,000 and a 1,000 buy right at the end
How can the bid and ask both be at .003 and then a sell goes through at .0028?
That's good news. I like the update, but it always seems like the "update" PRs don't spike the PPS like the "Appointment of an Advisor" PR does.
Just one buy so far... It's gonna take a contract, showing of profit from actually getting this off the ground, appointment of an advisor, etc... update to really get this thing moving
CYCA dropped heavily in April 2009. It was in the 3 dollar range until mid to end of Apirl 2009 when the merger fell through between them and Ophthalmic International.
www.tradingmarkets.com/.site/news/Stock%20News/2289483/
This is reffered to in the last 10-Q filed by CYCA:
In addition to the above shares, 56,000,000 shares are pending cancellation. These shares were issued and subsequently cancelled when the merger with Ophthalmic International, Inc. was rescinded. However, the physical certificate was lost and thus it is being disclosed separately in our share capital. The shares have legally been cancelled, but are still outstanding until the physical certificate can be surrendered to our transfer agent. Management has placed a stop with our transfer agent and will not permit these shares to be negotiated or reissued.
Prod, I know you mentioned something about CYCA being at a conference last week. Do you have any more info as to what conference it was and what they were doing there?
major conference is this week, major players will be attending and eyes will be on us...
Yeah, I saw that too, but since they were "in a transaction
not involving a public offering" it made me think that they could be restricted shares.
I don't know where to look it up, but I feel like shares given to an employee of a company without them having to purchase the shares on the open market, they are restricted in when they can sell them.
I could be wrong, which is why I was looking for someone who could tell me if there are in fact restrictions on those shares and how long the restrictions would be for
Right. Which I like too. Do you know how long the shares given to the officers are restricted? For some reason I feel like it's supposed to be one year from the date issued. I'm just trying to make sure that is correct.
I'm still trying to figure out if the float has changed, but to clear up your post about the increase in shares from the previous 10-Q it looks like the new shares were never put into the float.
This accounts for all of the new shares (can someone possibly confirm for me as to whether or not these would be restricted shares and for how long they would be restricted)
From the February 16th 10-Q:
February 10, 2010, there were 605,400,000 shares of the issuer’s common stock
From May 13th 10-Q:
May 13th, 2010, there were 1,014,616,666 shares of the issuer’s common stock
That's an increase of 409,216,666 shares which are all accounted for here:
(Page 17)ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
We issued the following equity securities during the quarter ended March 31, 2010.
In March 2010 we issued 100,000,000 shares of common stock at $0.0006 per share (an aggregate of $60,000) in a transaction not involving a
public offering under
Section 4(2) of the Securities Act of 1933, as amended, and Regulation D thereunder, to Mr. Spalding an Officer and Director, pursuant to a
management contract.
In March 2010 we issued 50,000,000 shares of common stock at $0.0006 per share (an aggregate of $30,000) in a transaction not involving a
public offering under
Section 4(2) of the Securities Act of 1933, as amended, and Regulation D thereunder, to Mr. Harz an Officer and Director pursuant, to a
management contract.
In March 2010 we issued 50,000,000 shares of common stock at $0.0006 per share (an aggregate of $30,000) in a transaction not involving a
public offering under
Section 4(2) of the Securities Act of 1933, as amended, and Regulation D thereunder, to a company of which Mr. Campbell an Officer and
Director is an affiliate, pursuant to a management contract.
In March 2010 we issued 60,000,000 shares of common stock at $0.0006 per share (an aggregate of $36,000) in a transaction not involving a
public offering under
Section 4(2) of the Securities Act of 1933, as amended, and Regulation D thereunder, to Mr. N. Warman, pursuant to a consulting contract.
In March 2010 we issued 40,000,000 shares of common stock at $0.0006 per share (an aggregate of $24,000) in a transaction not involving a
public offering under
Section 4(2) of the Securities Act of 1933, as amended, and Regulation D thereunder, to Mr. R. Kamyszek, pursuant to a consulting contract.
In March 2010 we sold 23,216,666 shares of common stock at $0.0006 per share (an aggregate of $13,930) in a transaction not involving a
public offering under
Section 4(2) of the Securities Act of 1933, as amended, and Regulation D thereunder, to certain accredited investors in repayment of
outstanding shareholder loans
In March 2010 we sold 19,250,000 shares of common stock at $0.0006 per share (an aggregate of $11,550) in a transaction not involving a
public offering under
Section 4(2) of the Securities Act of 1933, as amended, and Regulation D thereunder, to certain accredited investors in repayment of
outstanding shareholder loans
In March 2010 we sold 10,750,000 shares of common stock at $0.0006 per share (an aggregate of $6,450) in a transaction not involving a
public offering under
Section 4(2) of the Securities Act of 1933, as amended, and Regulation D thereunder, to a creditor in repayment of an outstanding liability
The total of these shares is: 353,216,666
Which leaves 56,000,000 other shares that are account for here
In addition to the above shares, 56,000,000 shares are pending cancellation. These shares were issued and subsequently cancelled when the
merger with Ophthalmic International, Inc. was rescinded. However, the physical certificate was lost and thus it is being disclosed separately in
our share capital. The shares have legally been cancelled, but are still outstanding until the physical certificate can be surrendered to our
transfer agent. Management has placed a stop with our transfer agent and will not permit these shares to be negotiated or reissued.
There are no preferred shares outstanding. The Company has no stock option plan, warrants or other dilutive securities.
So, yes the shares did increase by about 350,000,000 but it looks like they were shares used to pay the new officers and other companies. I would just like to know then if these shares are restricted and if that is the case are they restricted for a year?
I would take that as a good sign if that is the case because obviously if the officer's shares are tied up for a year they aren't going to want to see this thing tank since that is their payment.
*** I am not trying to promote or pump this stock. I am just reposting information for the company's May 10-Q and trying to figure out if the float has remained the same. Obviously if the new shares that were issued are in fact restricted shares, that won't affect the float, and it would remain the same.
Even if the OS is over 1 billion I don't see the float being anywhere near that. This thing moves way to easily for the float to be that high.
***Good pick up on that from the 10Q***
Can you ask him if there's a date yet for the reverse split to go into effect?
I agree with you and have done the same. As long as there's water in the well I'm going to keep going back to it. Been here since February and this stock has been good to me three times already. I've only sold on the "runs" just to buy back in for more shares on the consolidation periods.
If you have the patience to wait I feel like you will be rewarded again. This stock jumps on news and then consolidates to a SOLID support a few days later. I kept saying that after the last run when we were in the .0017 to .002 range (which lasted about a month) and that all you needed was patience. We weren't going up, which I think got rid of some of the impatient people on this board, but at the same point we weren't going down.
This is just my opinion, but this stock has been growing in a healthy matter over the last 4 months and I only see it going up... If you're looking for a long term investment I think you've found it. If you're looking for a quick 100% or more gainer then you need to look somewhere else. (Or you just have to hope some news hits and then you can flip and bail) Otherwise you're just going to have to wait it out.
I can tell you that no one is selling at these levels. I tried to get filled at .0003 for a decent amount and all I got today was 14,467 at .0002
I don't see this thing moving until some more news (or if some tool comes in here and pumps the hell out of it). But I can definitely tell you that if you want any shares under .0004 you're going to have to wait and see if you can get some impatient seller to give them to you. It may take a few days or even a week.
There are trades going through... What is your buy price? If you are trying to buy it at the bid .0004 that's probably why you aren't getting any shares. There aren't a lot of people selling. You could try and wait for someone to sell at that price or you can raise your buy order to the ask price and it'll most likely go through. It all depends on how you play the market. Some people will try to wait a few days, weeks, etc... to get cheaper shares and other people buy in higher to make sure they get the shares they want
I don't see this dipping any lower than .0023 or getting any higher than .0028
We'll break .003s with some kind of news or update, but that's about the only way that'll happen.
No way... This thing will hover in the .0025 range until news
Sounds good. I'd appreciate that.
Really? That would be sweet. What conference?
Aaaahhh. So you're the one who took my .0025s It's okay though, I'm already loaded, just wanted some extra ammo. :)
I think the only way we'll get there is with news.
I don't think the price will go that high just on people buying into this stock to increase or start their positions. The PPS here doesn't fluctuate too much unless provoked by something.
Tell me about it. And that's what I love about this stock. I bought back in after the first run because there was such solid support at the .0017 to .002 levels.
I feel like now we should see a nice base at .0025 to .0028 till the next run.
Higher lows...
I understand that the RS is supposed to be effective the date the papers were stamped, but when a company does an RS a 'D' is usually put at the end of the symbol for a few days and the brokers don't allow you to trade the stock online while they are re adjusting everything. You can still buy or trade the stock, but you usually have to call to get that done.
There is no way that the Reverse Split has gone through yet because the share price would have jumped decimal points.
Yeah I've had a decent order in at .0025 for a while and only have about two thirds of it filled. Definitely not a lot of selling or shares available at that level, but I will keep trying to squeeze a few more out of there.
Has the R/S already taken place? I'm new to the board and don't see a jump in the historical prices listed, which is what there would be if it occurred already. I saw that the paper work was filed on April 16th, but is there a specific date for when it is to go into effect? I didn't see anything listed
Look at the past 4 PRs and you will see how this one runs. The 2 PRs regarding appointments of board members really spiked the PPS. The other 2 PRs regarding plans for the company had no effect)
APPOINTMENT PR Friday Mar 19th - Spikes this think to .005
APPOINTMENT PR Wednesday May 5th - Spikes PPS to .004 range
The April 12th PR and the May 7th PR didn't really have any effect on the PPS. I can't really give you a reason why, but just because the last PR didn't do anything for the PPS doesn't mean this stock is dead. You could have thought the same thing after the April 12th PR if that's how you are going to judge a stock and you would have been dead wrong.
*** EDIT - If you are saying that this play is dead until more substantial news comes out then I will have agree with you. We had the nice run in March and then we settled at a nice base in the .0017 to .002 range for almost a month and a half. I think we will find a nice base hopefully in the mid .002s until the next PR whenever that is.
If there are 91+ million shares locked up by the people on this board... Does anyone have any idea what the share structure is? Because then there is no way the issued and outstanding shares are 38.776M as per the ibox (via bloomberg.com) I know that the date for that number is from 12/2009.
I just wanted to see if someone has a better idea of what the OS is here. I thought I read a post that someone compared this to ETLS and the float here is smaller, does anyone have that info or the link to it?
*** EDIT. Sorry I just read that we aren't sure what the exact OS is. Does anyone know who the TA is or if they have been contacted?
Thank you for that. I was in ETLS about a month ago, didn't realize the same guy was accumulating here... I'll definitely take a deeper look into this.
Is there a reason for the increase in volume here for RNWF? Possible news, etc... Or is this another stock that's just been getting attention with the Oil spill?