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I think with the new awareness, ONTC can get to .01 next week. How high can it go?
They certainly are not going to give up control of the company when they dilute. Management has too much experience in that area.
How long until the next news/pump blitz?
Better call Vale and let them know they have an Option JV with a shell company.
Update on OS history. Looks like it's doubled in 6 months.
The new Outstanding Shares as of August 15 is 253,058,765
OS on May 23 is 184,390,258.
OS on Feb 14 is 123,000,000.
You can, just wait til the next news release....oops, there goes another million sold!
just the same old pennyland....that means dilution!
Look at the recent news. Out of the last ten PR's, Only two have to do with sales. They are releasing a lot of PR's that don't have any sales. It's all about product testing, valuation, warehouses, blah blah blah.
Now look at the volume, paid pumpers promoting the stock and selling their shares. Does anyone really believe that the float is still 29 million...lol
I'm waiting for .0057's again so I can flip one more time.
maybe a little, take your profits when you can!
I call it dilution.
thanks for the link. I knew the float had increased but didn't know by how many, but that seems about right. A company can't have the volume of ONTC last few weeks with a float of 29 million. that's impossible without there being a huge price increase. Dilution is the only answer.
9.4 million in volume and such a small increase in pps? I think the garbage truck is coming to pick up the shares being dumped.
$60,000 in promotions and only a little increase.... ONTC will have to dump 6 million shares at a penny just to pay the promo.
I can't wait for the new O/S numbers. They will certainly tell us a tale.
That was good news today. They do have a nice product but I'm still a skeptic about revenue going forward. Management has a track record and I always follow the stats on the back of the baseball card.
Still holding 75000 shares!
they have gone on to new horizons, e.g., where the next pay day is ....... I was able to sell a few shares at .016 and then buy back the same at .0075.
I see this happening again.....anyone else have thoughts?
scott
After looking at the financials, there has been an increase of OS of about 67.5 million since the previous reporting period. If the company got .02 for each share that would be about 1.3 million dollars. Just enough to pay off the $1 million due to Nexphase as part of the purchase price and to have some cash on hand. But the financials have no indication of any additional cash on hand. Of course, if they got less than 2 cents, than there would not be any additional cash. There hasn't been that much volume since May 23rd, so it appears as if the dilution is over for now.
Lets see what ONTC can do from here with their new products.
-Scott
I updated the ibox with the new OS numbers.
I'll try to read the 10-Q this weekend and update the new share structure in the iBox.
Email from Dennis at ONTC about valuation of Patent:
We noticed on the iHub board that there is a question as to why the intellectual property is valued at only $2,954,146***, when the company has a mean appraisal value for the IP of over $17,000,000.
The reason is that under conservative public accounting rules, which is specific for IP for products in the initial stages of distribution and sales, the accountants record only 15% of the outside appraisal value (15% of $17M = $2.5M+), subject to later adjustment as sales develop. In this way, by using a highly conservative valuation the company avoids overstating on its financials the value of the IP assets, yet records what the auditors feel is a minimal, supportable number.
Once sales develop further, the company’s accountants will revisit the current valuation.
-Scott
I don't have any hiscore stock, just ONTC. I posted a message on HSCO for ernie since I don't have pm.
I'll make you an assistant mod here.
I'm still following ONTC, just don't have much to add right now. I glanced through the 10Q and saw the patent valuation for over 2 million. That's a bit different than what the researchers valued it.
-Scott
I don't know anything. I think there has been some dillution in the past two weeks. Just look at the volume and the pps. Over 50m traded and we've dropped with all the new faces buying....lol. If it looks like and smells like dilution, then it's probably dilution.
i know we are due for an update with the 10-Q. We won't see any dilution with that since the quarter ended before the dilution.
I like there new product line, but I don't have as many shares as I use to. I sold a bunch between .03 & .04.
I was quite amused with all the activity in the past two weeks with all the new commentators. Did they add any value to ONTC? To the shareholders , no, To the corporation, most likely. This doesn't seem like a short term play. Can it be profitable in the long term? Who knows? And who want's to bet yes?
-Scott
ernie,
got your message. thanks, I agree completeley and knew it while it was going on. that's why i wasn't posting. with all that chatter.
scott
There is certainly a ways to go before we see any divi's given the past performance with this company and their actions. Lets see where this goes. I only have few shares (about a million) avg at .00035 so I'm not worried about my investment. glta
If they follow through and provide divi's to NWMT stock holders, this will force the short covering. Lets hope they do this sooner rather than later.
sounds good.
go phillies!
Why Vale will do a JV with Katx on the Lucky's. It's all in the PR's.
In the first PR about Lucky Ken hinted about ''non Dilutive Options''..IE Vale Pays :) and Vale Came through, Ken was right.......In the Latest from Ken after the Joint Venture Option was signed........(( KEN STEAD SAID IT BEST ))~~''Each new copper discovery on the "Lucky" property lends itself to significantly boosting its potential to a higher likelihood of acquiring a JV partner''~~ http://ih.advfn.com/p.php?pid=nmona&cb=1267833742&article=41278356&symbol=NO^KATX ((( Ken is no fool...and only a fool would release such news (( WHILE A ABUSED NAKED SHORTED PINK! )) ..''Ken Stead, President/CEO of KAT, states, "The very fact that a company of Vale's caliber has enough interest in the area and sees enough potential in the Lucky properties to warrant an option with KAT, leaves us very excited. We are very pleased to be exploring these copper properties with Vale and look forward to bringing them to their full potential." http://ih.advfn.com/p.php?pid=nmona&article=43197437&symbol=KATX IN NOVEMBER 0F 2009 KAT SAID ...""Kat Exploration Report on Recent Discoveries on its “Lucky” Property
Kat Exploration (USOTC:KATX)
Historical Stock Chart
2 Years : May 2009 to May 2011
Kat Exploration (OTC-Pink Sheets: KATX) is happy to report that its exploration program carried out this summer on its 100% wholly owned “Lucky” Property has been a real success.
Copper mineralization is quite visible in an old pit near a gravel road and impressive malachite staining along with chalcocite is strata bound within the more sandy beds of the sediments. The horizon that contains the mineralization has been traced for approximately 8 miles with copper mineralization at a thickness of 300ft in places. Assay results of 2.5% Cu were discovered in the most exposed areas within this horizon. The most recent work uncovered several large areas of semi-massive to well disseminated chalcopyrite approximately 4 miles on strike from the open pit which reveals the highest copper grades to date.
This type of environment has the potential to produce low grade, large tonnage copper deposits similar to those of the Zambia copper belt.
To secure an area of interest the company recently staked 1225 acres of new land mass where some recent grab samples produced copper results of .5% along with anomalous gold.
More ground work is planned for the Northern portion of the property where the most recent copper occurrences were discovered.
In its future endeavors the company would hope to ensure non-dilutive options where the merits of the projects will fund the operations. As one of the co-founders of Cornerstone Resources Inc., who had done joint ventures with major mining companies such as Noranda, Phelps Dodge, and other major companies, Mr. Stead is quite familiar with world class mining companies and is confident in bringing their interest to Kat’s projects as they move forward. Future press releases will provide more updates to confirm more guidance on the direction of the company. http://ih.advfn.com/p.php?pid=nmona&cb=1267833742&article=40470975&symbol=NO^KATX ..............................~~~THEN KAT SAID~~~
Kat Exploration Reports Additional Copper Find on Its "Lucky" Property
Kat Exploration (USOTC:KATX)
Historical Stock Chart
2 Years : May 2009 to May 2011
Kat Exploration Inc. (PINKSHEETS: KATX) has been busy uncovering new copper showings on its 100% wholly owned "Lucky" Property with very impressive malachite and chalcocite discovered in its latest trenching.
The trenching took place within the same horizon where recently discovered copper returned results of up to 2.5% CU strata bound within the more sandy beds of the sediments.
As digging was most difficult in the shattered rock zone, the trench was only excavated to approximately 2 meters with copper throughout the entire trench and continues at depth as the mineralized horizon containing the copper is up to 300 meters in places throughout the property.
Each new copper discovery on the "Lucky" property lends itself to significantly boosting its potential to a higher likelihood of acquiring a JV partner.
In recent months, the area where the "Lucky" property is located has drawn the interest of a major world class mining company and Kat will continue to bring both the North and South "Lucky" properties to their full potential. http://ih.advfn.com/p.php?pid=nmona&cb=1267833742&article=41278356&symbol=NO^KATX ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ THEN KAT SAID .....KAT Exploration Signs Three-Year Option Agreement Contract With Vale
Kat Exploration (USOTC:KATX)
Historical Stock Chart
1 Year : May 2010 to May 2011
KAT Exploration Inc. (PINKSHEETS: KATX) ("KAT") is pleased to announce that it has signed an option agreement with Vale Exploration Canada Inc. ("VEC"), a wholly-owned subsidiary of Vale S.A. ("VALE"), on its North and South Lucky copper properties on the Bonavista peninsula in eastern Newfoundland. Under the terms of the agreement, VEC has committed to an initial C$20,000 cash payment on signing and may elect to make further cash payments totaling C$75,000 over the three-year option period, and may elect to incur a minimum of C$750,000 in exploration expenditures within the option period to earn an 80% interest in the Lucky properties.
Upon VEC's exercise of the option, a joint venture will be formed to further develop the properties, with each party contributing to further approved exploration programs as per their interest. VEC will be the operator of the exploration programs during the option period.
The Lucky properties are in a geological setting with the potential for sediment-hosted stratiform copper (SSC) deposits. The Lucky properties have the potential to produce low-grade, large tonnage copper deposits similar to those of the Zambia copper belt.
Ken Stead, President/CEO of KAT, states, "The very fact that a company of Vale's caliber has enough interest in the area and sees enough potential in the Lucky properties to warrant an option with KAT, leaves us very excited. We are very pleased to be exploring these copper properties with Vale and look forward to bringing them to their full potential." http://ih.advfn.com/p.php?pid=nmona&article=43197437&symbol=KATX
Kat Exploration Reports Additional Copper Find on Its "Lucky" Property
ih.advfn.com
KATX Kat Exploration Inc. Kat Exploration Reports Additional Copper Find on Its Lucky Property
If you read the PR, VALE has some more time to inspect the properties.
I think you are mistaken,
"Under the terms of the agreement VEC has committed to an initial C$20,000
cash payment on signing and may elect to make further cash payments totaling C$75,000 over
the three-year option period, and may elect to incur a minimum of C$750,000 in exploration
expenditures within the option period to earn an 80% interest in the Lucky properties.
Upon VEC’s exercise of the option, a joint venture will be formed to further develop the
properties, with each party contributing to further approved exploration programs as per their
interest. VEC will be the operator of the exploration programs during the option period."
elcheepo,
thanks for the update
"Vale doesn't have anything to do with KATX except for the HC property, which has less gold than I have in my teeth.... "
I thought VALE had an option JV with the Lucky's. Do you know something I don't about HC?
post the link!
Katx has an option JV with Vale, the 2nd largest mining company in the world.
I noticed that they claimed the whole bonavista surrounding Katx. They might have dropped a few claims but not those surrounding the N Lucky. (great maps in DD)
As long as VALE's involved, I'm holding my shares.
Q. Is NWMT Naked Short?
Reg SHO & Rule 4320 Status (for NWMT)
Date Reg SHO Threshold Flag Rule4320 Flag
May 9, 2011 Yes No
May 6, 2011 Yes No
May 5, 2011 Yes No
May 4, 2011 Yes No
May 3, 2011 Yes No
May 2, 2011 Yes No
Apr 29, 2011 Yes No
Apr 28, 2011 Yes No
Apr 27, 2011 Yes No
Apr 26, 2011 Yes
Apr 25, 2011 Yes No
Apr 21, 2011 Yes No
Apr 20, 2011 Yes No
Apr 19, 2011 Yes No
Apr 18, 2011 Yes No
Apr 15, 2011 Yes No
Apr 14, 2011 Yes No
Apr 13, 2011 Yes No
Apr 12, 2011 Yes No
Apr 11, 2011 Yes No
Apr 8, 2011 Yes No
Apr 7, 2011 Yes No
Apr 6, 2011 Yes No
Apr 5, 2011 Yes No
Apr 4, 2011 Yes No
Apr 1, 2011 Yes No
Mar 31, 2011 Yes No
Mar 30, 2011 Yes No
Mar 29, 2011 Yes No
Mar 28, 2011 Yes No
Mar 25, 2011 Yes No
Mar 24, 2011 Yes No
Mar 23, 2011 Yes No
Mar 22, 2011 Yes No
Mar 21, 2011 Yes No
Mar 18, 2011 Yes No
Mar 17, 2011 Yes No
Mar 16, 2011 Yes No
Mar 15, 2011 Yes No
Mar 14, 2011 Yes No
Mar 11, 2011 Yes No
Mar 10, 2011 Yes No
Mar 9, 2011 Yes No
Mar 8, 2011 Yes No
Mar 7, 2011 Yes No
Mar 4, 2011 Yes No
Mar 3, 2011 Yes No
Mar 2, 2011 Yes No
Mar 1, 2011 Yes No
Feb 28, 2011 Yes No
Feb 25, 2011 Yes No
Feb 24, 2011 Yes No
Feb 23, 2011 Yes No
Feb 22, 2011 Yes No
Feb 18, 2011 Yes No
Feb 17, 2011 Yes No
Feb 16, 2011 Yes No
Feb 15, 2011 Yes No
Feb 14, 2011 Yes No
Feb 11, 2011 Yes No
Feb 10, 2011 Yes No
Feb 9, 2011 Yes No
Feb 8, 2011 Yes No
Feb 7, 2011 Yes No
Feb 4, 2011 Yes No
Feb 3, 2011 Yes No
Feb 2, 2011 Yes No
Feb 1, 2011 Yes No
Jan 31, 2011 Yes No
Jan 28, 2011 Yes No
Jan 27, 2011 Yes No
Jan 26, 2011 Yes No
Jan 25, 2011 Yes No
Jan 24, 2011 Yes No
Jan 20, 2011 Yes No
Jan 19, 2011 Yes No
Jan 18, 2011 Yes No
Jan 14, 2011 Yes No
Jan 13, 2011 Yes No
Jan 12, 2011 Yes No
NWMT...HOW MANY DAYS REG SHO..??? "too many to count barefoot" http://www.otcmarkets.com/stock/NWMT/short-sales
NWMT NewMarket Technology, Inc.: Short Sale Data, Days to Cover for NewMarket Technology, Inc. - OTC
www.otcmarkets.com
Analyze Shnort Sale Information On NewMarket Technology, Inc. NWMT Including Short Interest, Days To Cover and Reg SHO Status
Share
A. Billions!
I was watching the last webcast. CEO announced a plan to sell assets and then offer a divy to shareholders. If NWMT is Naked Short, the MM's need to have all real shares accounted for by the divy date. I'm waiting to hear what the plans are for consolidating assets and then awarding a divy to the shareholders. This would force the MM's to buyin.
They are certainly spending alot of time and money amending all these 10 Q's and 10 K's. They get amended every three weeks.
If anyone wants to be moderator or assistant, just let me know.
-Scott
We can't seem to get over .04!
funny how i just bought 60k with a limit bid of .014 and they went through at .011.
I wonder if admin can fix the page so that we can get a quote on the stock pps.
Looks like they need to make a few corrections on the site before they use it in the PR's. They also have a filing due this week, so we might get news with the filings.
Will we get some news today about the ticker change?
They spent almost $300,000 on HC in the fourth quarter. I wonder how they spent it. Trenching & Drilling phase II? I think we might get answers on this soon.
Vale spent about $100,000 on those properties they released the claims too so I would think it was more than just rock samples of the additional areas for Phase II.
The name change is to provide the company with a fresh start, without the old baggage that comes with the ISPI ticker.
The last I heard they were putting the old Infospi projects (tire to oil, and waste recycling) on the backburner and having an immediate focus on the LED lights.
Name Change to Onteco. This is from the filing posted today.
On March 29, 2011, Onteco Corporation, formerly known as InfoSpi Inc., a corporation organized under the laws of the State of Nevada(the “Company”), filed a Certificate of Amendment with the Nevada Secretary of State in order to change its name from “InfoSpi Inc.” to “Onteco Corporation” (the “Name Change”). The Name Change was effective with the Nevada Secretary of State on March 29, 2011 when the Certificate of Amendment was filed. The Name Change was approved by the Board of Directors pursuant to written consent resolutions dated March 15, 2011 and further approved by the shareholders holding a majority of the total issued and outstanding shares of common stock of the Company pursuant to written consent resolutions dated March 16, 2011.
The new cusip number for the Company is 683311104. Management anticipates that the Name Change will be effected on the OTC Markets approximately April 15, 2011. Management has requested a voluntary change in the Company’s trading symbol.
As of the date of this Current Report, the trading symbol for the Company remains “ISPI”. Management of the Company deemed it appropriate to change the name of the Company to Onteco Corporation in furtherance of and to better reflect the nature of our new business operations.
People are selling their shares and no one is buying. That's why the pps is going down. There needs to be a reason to buy and I don't think we've had enough information in a positive manner to increase the number of buyers and potential buyers. That last PR was for about $50,000 in revenue, so that's good but not going to excite too many people to overcome any resistance to the previous holders who are selling or to any concerns about managment from previous experiences.
Lets see what the 10Q brings us and any news in the immediate future.
We can't even get 5 messages a day. lol.