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There were over 490 mil on the bid at .0001 before the close, take a wild guess at who on here has some of those bids, most likely the same people that come on here saying that these are the stinky pinkies and that 999 out of a 1000 are pump-n-dumps. Well the same goes for those people, 999 out of a 1000 are posting stuff like that not to save you, me, or anyone else, but to line their own pockets in anyway possible by picking up cheap shares from those that fall for it. It's kind of hard for a company to do a pump-in-dump when it hasn't released a PR in nearly 5 months.
Been sitting on this for nearly two years now and have not complained one bit because the CEO once stated way back when I first started buying this stock that they do not like to put out PR's unless it is of utmost importance. Simply meaning they do not want to waste money on B.S. useless PR's and they really are looking to grow this company into something of value. When the next PR comes out I foresee it being a really good one considering what has happened in the last several days with the volume. I've got my fingers crossed! lol
73 mil vs 133 mil now
62 mil now vs 133 mil
Up to 56 mil now
I'm showing about 53 mil on the bid and 128 mil on the ask. Anyone else seeing different?
Wow! What happened with this stock.
Haven't been in it for a while and haven't checked on it for a while. Never thought it would drop this low with what they had going on. Seemed like it was in a slumber for while there and slowly dropping which is partly why I sold when it was around .0017. Watched it for a little while afterwards when it went down and was lingering close to just above .0010 and just have not done any watching or trading in any stocks since then. Finally getting back into it (buying stocks that is). What the heck happened here though?
One silver coin? How many coins has DPBE recovered in the last two years? An exact number would be greatly appreciated.
Exactly! Hopefully they are done with them already!
TSNP
According to the last annual report for TSNP, convertible debentures was at $22500, but that number was for the end of last year, Dec.31,2011. Bank loan was at $8938 and GMAC note was at $1020. That is if I am reading all that right, lol.
I just called them. They told me that I need to call the company directly to find out what the share count is. The number they gave me is 203-221-2770 and for email hjb@tesorodistributors.com . I'm gonna take a shot in the dark on this one but I am guessing all they are going to say is to look at the OTC website for current share structure.
I'll give the T/A a shout tomorrow also. See if the numbers given to each of us jive. These are the latest numbers on the OTC site with their most recent dates.
Share Structure
Market Value1 $849,676 a/o Apr 10, 2012
Shares Outstanding 4,248,379,108 a/o Apr 02, 2012
Float 3,285,754,513 a/o Apr 02, 2012
Authorized Shares 5,000,000,000 a/o Dec 31, 2011
Par Value 0.001
Link for others to verify those numbers I listed-
http://www.otcmarkets.com/stock/TSNP/company-info
As I said before I don't consider it quite as huge of an amount of shares as you state it is, and for all we know it could be just some impatient investor's dumping their shares which at this price 50 million shares only equals 5 grand. Unless it is an institution that can trade to the fifth decimal (ex. .00014 which the majority of us would see rounded down as .0001 or .00017 which the majority of us would see rounded up as .0002). Since the last update on OTC including the shares traded on that date (April 2) about 178 million shares have been traded so we can actually see just how many of those may have been converted shares dumped in or just shares in the float being traded. Whatever the case though even if it is preferred being converted I am not going to complain and actually kind of hope it is, because it means they are getting rid of the preferred shares now and will have that monkey off their back and as soon as they are gone they may do their possible share retirement plan to reduce the share structure as they have discussed in one of their prior PR's. Considering their substantial increases in quarterly revenues added on to that that makes the possiblity even more plausible. Which sounds pretty much like a win-win situation for anyone who is in at .0001 before that happens imo. At least for me it has been that way (win-win) for any other penny stock I've been in before that has gone that route.
Chump change.
When the volume reaches at least 150-200 million or more in a single day then you can call it buying pressure.
I'm not gonna say there is no share dumping going on because I have not checked with the T/A yet, but unless you have or have something else to confirm it doesn't make sense to be shouting dilution. So do you???
You call that buying pressure?
LMAO!
Now thats funny.
Depending on the stock of course I would just do further DD on any stock that is on that list before dismissing it primarily due to it solely being on it. As Bruce said in his post and as I agree TSNP is producing revenues that are substantially increasing on a quarter to quarter basis for a business that is still relatively new. Not to mention last year they decided to go against doing a reverse merger with InPlays,Inc. seeing as it may have just put them further back instead of continuing to move forward as they currently are with their original business plan. Here are a couple links with better details on that part.
http://www.otcmarkets.com/stock/TSNP/news/Tesoro-Enterprises%2C-Inc.-Signs-Letter-of-Intent-for-a-Reverse-Merger-with-InPlays-Sports-Corp.?id=35524&b=y
http://www.otcmarkets.com/stock/TSNP/news/Tesoro-Enterprises%2C-Inc.-terminates-reverse-merger-discussions?id=37296&b=y
In the last PR above you will also see that they mention that they are taking steps such as not releasing useless PR's in order to save on capital. Meaning they do not want to waste money, even small amounts, on anything that is not necessary. Something I really like to see in what I would consider a long term stock and not just a quick play. Don't get me wrong I do like the quick plays also, lol, but I also like long term stocks such as this one that look very promising to those who are willing to wait a while for them to achieve their goals.
GLTY!
This might help explain why TSNP is on that list.
http://www.tradingdirect.com/Static/StandAlone/non_dtcc_memo.html
Penson Discontinues Execution for Certain Non-DTCC Eligible Securities
Effective May 2, 2011, Penson Financial Services, Inc. ("Penson") (the clearing agent for Trading Direct) will discontinue execution through the managed (mngd) route for certain Non-DTCC eligible securities due to increasing pass-through costs. (The effected stocks are primarily all pink sheet stocks).
For various reasons, certain securities cannot be made DTCC-eligible or have had their eligibility revoked, usually due to operating or financial issues with the underlying company. As a result, the clearing of these physical positions can carry significant pass-through charges to settle the trade. Trades routinely carry with them the following pass-through charges: Execution Fee-$7.50, DTC Fee-$80.00, Deposit Fee-$75.00, and a New York Window Fee of $34.00. Additional pass-through fees from Transfer Agents ranging from $25.00 to $500.00 can also be associated with these securities that would increase the cost Penson passes through for clearing and execution. Please note that trades executed outside of Penson's MNGD'd route will also be subject to these fees for the clearance of these trades.
We intend to discontinue execution for the securities on the attached list (on a best-efforts basis). As Penson identifies additional securities that are Non-DTCC-eligible, they will bed added to the list and they will not be able to be traded through the MNGD route.
As more detailed information is made available from Penson regarding fee information for the effected securities, this memo and subsuquent stock list will be updated accordingly.
View the Non-DTCC eligible stock list. {pdf,154kb}
If you require additional information, please contact info@tradingdirect.com.
Thank you,
Trading Direct.
Same gut feeling here too. All of it.
I doubt they would do one anytime soon. Another reverse split that is.
The way I see it is they needed to pay off some or all of their debt (the approximate 2.5 million mentioned in my other post) within a certain amount of time which is why they did that rather large R/S of 1/10,0000 even though before they did the last R/S the O/S was not even close to being maxed out. Since the pps was only at .0001 before the R/S they certainly were not going to get what they needed without doing a reverse split. Which any investor's at that time who were caught off guard and did not sell before they did the R/S lost much of their money (not to mention all those who got caught up in this recent dilution). I have a feeling they made more than enough money off the recent dilution to pay off their debt. Now the questions are, are they debt free now or do they still owe money? Are they actually doing what they claim they are doing in their PR's? What are the results of the core samples? Or was the intention of the PR's used solely to sell shares to lure investor's into actually only paying their debt payment for them? Are they going to keep current or are they going to hole up and just go completely silent now that they have made their money? It will be interesting to see if they do file. Also if they do have anything actually going on as stated in their PR's. If they ever report on it it could turn out to be a nice payoff for anyone who has gotten in at the current pps or if it goes lower. I think it is a long shot though. Judging by those other companies that are tied together with this one with the same people being involved and that those other companies have produced basically nothing either I wouldn't get my hopes up. But thats just me. When the pps was recently at around .022 I was contemplating on buying back in if it dropped lower to the .017-.01 range in 'hopes of a pop also' hoping to get some of the money I lost back. Glad I didn't. When the pumps stopped, the charts went out the door, and the change from uplifting hopeful posters to PO'd posters on here happened it was too much deja vu to risk it at that point. Still watching close though to see how far the pps drops and if they do pull a rabbit out of the box and produce anything that may be beneficial to investor's for once.
GLTY
I posted this info below before(quotes), but in case you missed it here it is again. I'd really look into some of those other companies and the people that are all involved in them. I would also look at some of those other message boards and you will get an idea that they all have something in common, PO'd invester's, lol. Due to dilution of shares towards businesses that produce absolutely nothing except PR's every now and then when they need to dump shares. I thought this was ugly before, like about two weeks ago, and honestly did not think it was going to get this bad again. In terms of where the pps is now.
This is from a post on here from Aug.31, 2011 before the 10,000 to 1 R/S.
Quote:
--------------------------------------------------------------------------------
Geez this is a disturbing pattern:
Sayid and Associates, LLP
They are legal counsel for 5 companies:
HHGI, ISIM, MNDP, SPAH, WNCG
Look at what those companies have done lately:
HHGI - 1:1000 R/S on June 20, 2011
ISIM - 1:1000 R/S on February 23, 2011
MNDP - 1:1000 R/S on June 10, 2011
WNCG - currently trading at $.0001/share
--------------------------------------------------------------------------------
If you are looking to invest in this or even play this stock I would do a little DD and look at the history of those other stocks that are related to SPAH to see what they did after their reverse splits. Obviously SPAH did follow suit with these other companies did and in an even more severe way. May give you somewhat of an idea of what to expect from here on out.
Here is some more DD to digest...the original posting date for this info quoted below was Sept 1, 2011.
Quote:
--------------------------------------------------------------------------------
Some research into SPAH
The Cast:
Alvin Dale Henry = CEO, President, Treasurer, Secretary
Earns $10,000/month in compensation
A. Dale Henry has served as the CEO since 2009
Keith Field = Director, Consultant, IR Manager, owner of Keith Field Consulting
No disclosure on how much Field earns in consulting fees
Keith Field has served as a Director/IR/Consultant since 2008
Michele McDonald = Consultant, Owner of Avalon Perspectives, President of The Good One Inc
Earns $20,000/month in consulting fees (has been since the start)
Michelle McDonald has served as a consultant for SPAH through The Good One Inc since 2008
Josef Obermeier = Consultant, owner of HRMS
no disclosure on how much Obermeier earns in consulting fees
Bill McFarland = Consultant
no disclosure on how much McFarland earns in consulting fees
Sayid and Associates, LLP - legal counsel
All total just in the 3 months from April 1, 2011 - June 30, 2011, SPAH accrued a balance owed of $85,000 in consulting fees.
----
Relevant links:
AVALON PERSPECTIVES LTD, LLC (NV Business Entity formed on 2/18/10):
nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=a3SWXDSMWSZyjL8qg9vkrg%253d%253d&nt7=0
THE GOOD ONE, INC (NV Business Entity):
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=KewafK6qih%252f1dPgO4ftG7g%253d%253d&nt7=0
KALEIDOSCOPE REAL ESTATE, INC. (NV Business Entity - former consultant to SPAH):
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Lihl9qy0JdIYfjddcLAVNw%253d%253d&nt7=0
------------------------
The plot:
On September 24, 2010, SPAH work out terms for the acquisition of a 7 month old business entity called Avalon Perspectives Ltd, LLC. Avalon Perspective was set up by SPAH insider and paid consultant, Michelle McDonald. McDonald sold SPAH ownership of the business entity she had recently created in exchange for a $2,200,000 debt Note. That debt Note earns 5% interest annually.
SPAH has never made any payments towards that debt Note and over the course of its life that Note has accrued $84,082.20 in interest as of June 30, 2011.
This $2.2 million note matured on March 24, 2011 and can now convert to free trading common shares discounted to 30% below the average bid price of the stock over the previous 3 trading days limited to no more than 9.9% beneficial ownership at any given time.
Going off of today - the lowest bid price of the previous 3 trading days was $.0005/share discounted by 30% would be $.00035/share. $2,284,082.20 converted into shares at $.00035/share would be 6,525,949,142 shares. And that is not taking into consideration the way the share price will drop once those discounted shares start being sold into the market.
The asset SPAH gained by purchasing Avalon Perspectives was the rights to rights to mine the unpatented Graham Gulch mining claim. Those rights didn't come for free though. On top of the $2.2 million debt Note, SPAH purchased the rights to the Graham Gulch mining claim for $112,493 to be paid in monthly installments of $1,541.00/month over a period of 73 months. Judging by SPAH's balance sheet I wouldn't expect too much progress to be made developing the Graham Gulch mining claim any time soon if ever.
We don't even know if the Graham Gulch mining claim has enough minerals to be profitable. I could find no exploration results disclosed any where. What we do know is that in the filings SPAH mentions that the development of the unpatented Graham Gulch mining property located in Northern California has been delayed because of California SB 670 which places a moratorium on dredging. They say they expect the moratorium will be lifted by the end of 2011, but I wouldn't hold my breath on that one. Looks like SPAH might be paying $1,541.00/month for nothing.
----------
What other business operations does SPAH have?
In the filings they mention that in October of 2009 they entered into an agreement for the production of some mining property in Peru. As of today there as been no progress made since the signing of the agreement. Judging by SPAH's balance sheet I don't expect that there ever will be.
----------
On top of the debt Notes SPAH owes to The Good One Inc, SPAH also pays The Good One Inc. $20,000/month in consulting fees which also can be converted to discounted common shares.
-----------
SPAH also pays consulting fees to HRMS (Joseph Obermeier), Bill McFarland, and Keith Field Consulting (Keith Field).
As of June 30, 2011 SPAH owed HRMS $12,481.65 and Keith Field $92,835.62.
------------
All total SPAH owes $2.9 in debts, interest, and accrued expenses.
SPAH has no revenues and only $11,727.84 in cash.
How are they going to pay for all these debts and expenses? That's easy - in discounted shares. They have managed to avoid issuing too many shares over their existence towards debts and expenses, but those days are numbered especially with the biggest Note for $2.2 million having matured earlier this year.
SPAH currently has an authorized share count of 1,000,000,000.
Personally to me, it looks like SPAH is set up to enrich insiders and no actual mining or operations will ever happen - it is doomed to die a slow death from dilution.
----------------
SPAH a rinse wash repeat of MNDP?
The MNDP cast of characters looks familiar:
Josef Obermeier - President/CEO
Keith M. Field - Director
Alvin Dale Henry - Director
Sayid and Associates, LLP - legal counsel
Kaleidoscope Inc - Consultant
The Good One - Consultant
The Plot is the same:
Lots of consulting fees being paid out - limited cash and revenues
MNDP was diluted down to nearly worthless than did a 1:1000 reverse split in June of 2011.
Is SPAH headed down that same path?
--------------------------------------------------------------------------------
Since these quotes were originally posted SPAH has done a reverse split and has gone from a dollar a share post reverse down to less than one cent a share in less than 4 months. And one of the the reasons for the reverse split, to increase current shareholder value as stated by Dale Henry himself. Now somebody tell me if he was telling the truth or flat out lying to shareholders?
GLTY
It is very good to hear and thanks for calling and passing on the info!
Go SEEK
Not a pinkie anymore...lol.
I agree the website is great and that honestly shocked the chit out of me that it is where it is at now. I've known of so many companies including one I worked at and a few other companies I personally knew people who worked at and it always seemed like everytime one of them tried either implementing a new website or computer program system it would either be completely messed up for months or longer or simply just crash. One of them is even a publicly traded company and they dumped like 5 million into it and it never worked and they eventually dumped it. 5 million out the door like that. SEEK is doing way better than that and for me and what I know about the company I just see it as a minor glitch for the time being. It can be called a set back but one that can be reversed pretty quick if you know what I mean.
I think they just try to ignore that history, I know I do, lol..
The quietness I will agree is a little disturbing considering Scott is known to be quite a talker, but as I mentioned before I myself am banking on it being because he has so much on his plate right now. Yeah it's a gamble, but I still think the odds are in our favor.
You've been in this since roughly the end of last July correct? Or longer? One reason I ask is because I've been in this since last Feb (of 2011) and prior to July approximately Scott had a well known history at the time of being late with well, pretty much everything and it was not until around August or after the name change that he started being on time or at least being closer to being on time with things getting completed, for a short bit anyways. I wouldn't get too concerned quite yet due to that reason, but I do agree it has and it is again quite frustrating having these delays. He has eventually always come through though so far. I imagine he has quite a bit on his plate right now with working on the new website, getting the advertising ready, keeping the debt holders at bay, trying to get the financials out, moving the company up to a bigger board, etc...etc... If the pps does drop more I'm gonna do what I can to add some more shares for myself.
GLTY
Go SEEK
Is there a compiled list (not photo's) somewhere to view of what all has been recovered so far or of what they are getting? I mean like a complete detailed list and not just a couple of photo's to look at or a 'we have a couple handfull's of coin and some cannon and a bagfull of some eating utensils' if you know what I mean.
The washing cycle's analogy I was using was more so being used towards investor's, but I do understand the perspective you put it in and can be good if it works out as stated. The only problem though with that is that it is already March and time to dive, so unless they already have funds right now in the bank to work for the next couple months (do they?) then I would imagine they would really need to get on it with selling the items they already have in which case a list of what they have would help to ensure potential investor's that they need not worry about dilution or reverse split's for the time being. That is one thing that would help me anyways in deciding if I want to invest or trade or whatever.
On the part you mention with leasing out sites, I would strongly disagree with part. They already seem to have enough problems with their management alone as it is than to be inviting potential new problems by adding more treasure hunters to the equation if you catch my drift. They should keep it all in house if possible.
Thats easy. Buy low and sell high. lol.
In reading your other post about them not doing a very good job of selling the items they have brought up so far is it fair to say there will be a reverse split here fairly soon? I mean in order for them to continue diving. What brings me to that conclusion is a couple of things including the talk of them recently selling one of their boats in order to pay wages, debts, and whatnot just to get caught up and considering that the dive season from what I have read is just around the corner, if not already started, and that they are nearly out of shares to sell I believe and with the share price at an all time low even if they were to dilute the rest would it be enough to fund future dives (fuel, food, wages, etc.)? I'm leaning more towards no at this point unless someone else has any other info to sway what I have said in another direction. IMO they are done with the wash cycle and are pretty close to finalizing the rinse cycle and are aiming for the next load of laundry. WRR. Or are they going to have to close up shop completely?
Maybe the shareholders of Deep Blue should be investing in the DR instead then.
Deep Blue keeps bringing up treasure, and the DR keeps getting 50% without having to do any work.
Very true and very good point.
Which means they are still very early in with this approach and to have those future revenues added on to the current revenues they are already pulling in and are consistently increasing on their own the total revenues should move up quicker here in the next couple of quarters than compared to the pace it has been at for the last year...in theory that is...lol.
Go SEEK
It is still early yet though in some respects. Like Scott said they haven't even really started marketing most of the new products yet and the new website has only been up for 2 months so far. If they are truely near completing the testing of the products, revenue should start moving up at a much quicker pace. Whatever happens though at least the revenue is still going up and not down...lol.
Go SEEK !!!!
So how much of that 2.5 million dollar Debt Note do you think has been converted in the last month?
This is from a post on here from Aug.31, 2011 before the 10,000 to 1 R/S.
Geez this is a disturbing pattern:
Sayid and Associates, LLP
They are legal counsel for 5 companies:
HHGI, ISIM, MNDP, SPAH, WNCG
Look at what those companies have done lately:
HHGI - 1:1000 R/S on June 20, 2011
ISIM - 1:1000 R/S on February 23, 2011
MNDP - 1:1000 R/S on June 10, 2011
WNCG - currently trading at $.0001/share
Some research into SPAH
The Cast:
Alvin Dale Henry = CEO, President, Treasurer, Secretary
Earns $10,000/month in compensation
A. Dale Henry has served as the CEO since 2009
Keith Field = Director, Consultant, IR Manager, owner of Keith Field Consulting
No disclosure on how much Field earns in consulting fees
Keith Field has served as a Director/IR/Consultant since 2008
Michele McDonald = Consultant, Owner of Avalon Perspectives, President of The Good One Inc
Earns $20,000/month in consulting fees (has been since the start)
Michelle McDonald has served as a consultant for SPAH through The Good One Inc since 2008
Josef Obermeier = Consultant, owner of HRMS
no disclosure on how much Obermeier earns in consulting fees
Bill McFarland = Consultant
no disclosure on how much McFarland earns in consulting fees
Sayid and Associates, LLP - legal counsel
All total just in the 3 months from April 1, 2011 - June 30, 2011, SPAH accrued a balance owed of $85,000 in consulting fees.
----
Relevant links:
AVALON PERSPECTIVES LTD, LLC (NV Business Entity formed on 2/18/10):
nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=a3SWXDSMWSZyjL8qg9vkrg%253d%253d&nt7=0
THE GOOD ONE, INC (NV Business Entity):
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=KewafK6qih%252f1dPgO4ftG7g%253d%253d&nt7=0
KALEIDOSCOPE REAL ESTATE, INC. (NV Business Entity - former consultant to SPAH):
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Lihl9qy0JdIYfjddcLAVNw%253d%253d&nt7=0
------------------------
The plot:
On September 24, 2010, SPAH work out terms for the acquisition of a 7 month old business entity called Avalon Perspectives Ltd, LLC. Avalon Perspective was set up by SPAH insider and paid consultant, Michelle McDonald. McDonald sold SPAH ownership of the business entity she had recently created in exchange for a $2,200,000 debt Note. That debt Note earns 5% interest annually.
SPAH has never made any payments towards that debt Note and over the course of its life that Note has accrued $84,082.20 in interest as of June 30, 2011.
This $2.2 million note matured on March 24, 2011 and can now convert to free trading common shares discounted to 30% below the average bid price of the stock over the previous 3 trading days limited to no more than 9.9% beneficial ownership at any given time.
Going off of today - the lowest bid price of the previous 3 trading days was $.0005/share discounted by 30% would be $.00035/share. $2,284,082.20 converted into shares at $.00035/share would be 6,525,949,142 shares. And that is not taking into consideration the way the share price will drop once those discounted shares start being sold into the market.
The asset SPAH gained by purchasing Avalon Perspectives was the rights to rights to mine the unpatented Graham Gulch mining claim. Those rights didn't come for free though. On top of the $2.2 million debt Note, SPAH purchased the rights to the Graham Gulch mining claim for $112,493 to be paid in monthly installments of $1,541.00/month over a period of 73 months. Judging by SPAH's balance sheet I wouldn't expect too much progress to be made developing the Graham Gulch mining claim any time soon if ever.
We don't even know if the Graham Gulch mining claim has enough minerals to be profitable. I could find no exploration results disclosed any where. What we do know is that in the filings SPAH mentions that the development of the unpatented Graham Gulch mining property located in Northern California has been delayed because of California SB 670 which places a moratorium on dredging. They say they expect the moratorium will be lifted by the end of 2011, but I wouldn't hold my breath on that one. Looks like SPAH might be paying $1,541.00/month for nothing.
----------
What other business operations does SPAH have?
In the filings they mention that in October of 2009 they entered into an agreement for the production of some mining property in Peru. As of today there as been no progress made since the signing of the agreement. Judging by SPAH's balance sheet I don't expect that there ever will be.
----------
On top of the debt Notes SPAH owes to The Good One Inc, SPAH also pays The Good One Inc. $20,000/month in consulting fees which also can be converted to discounted common shares.
-----------
SPAH also pays consulting fees to HRMS (Joseph Obermeier), Bill McFarland, and Keith Field Consulting (Keith Field).
As of June 30, 2011 SPAH owed HRMS $12,481.65 and Keith Field $92,835.62.
------------
All total SPAH owes $2.9 in debts, interest, and accrued expenses.
SPAH has no revenues and only $11,727.84 in cash.
How are they going to pay for all these debts and expenses? That's easy - in discounted shares. They have managed to avoid issuing too many shares over their existence towards debts and expenses, but those days are numbered especially with the biggest Note for $2.2 million having matured earlier this year.
SPAH currently has an authorized share count of 1,000,000,000.
Personally to me, it looks like SPAH is set up to enrich insiders and no actual mining or operations will ever happen - it is doomed to die a slow death from dilution.
----------------
SPAH a rinse wash repeat of MNDP?
The MNDP cast of characters looks familiar:
Josef Obermeier - President/CEO
Keith M. Field - Director
Alvin Dale Henry - Director
Sayid and Associates, LLP - legal counsel
Kaleidoscope Inc - Consultant
The Good One - Consultant
The Plot is the same:
Lots of consulting fees being paid out - limited cash and revenues
MNDP was diluted down to nearly worthless than did a 1:1000 reverse split in June of 2011.
Is SPAH headed down that same path?
Lol...
Read my follow up post Marshall.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70432426
You'll probably get it then... :)
Does anyone have a link to the new website or know where to go once it is up? TIA!
Go SEEK !!!
I just wish I could have seen your face when you read along with anyone else who did. Lol. Sorry couldn't help it. I thought it was funny. Lol. Happy new year!!!
What are you talking about???
I hear they finally got that rotary engine back together and ready for testing again and that this time it will pass, no questions asked! I also heard that their surfboards are gonna be selling like hot cakes in 2012! I also heard that they are not planning on doing anymore reverse splits and they are all done diluting shares and that they want to completely turn their business around and make it a legit company that will bring an unbelievable return for it's shareholders. I sincerely believe that Scott Webber now holds the shareholders and the value of their shares in his best interests alone and wants 100% for them to see a return in their investment with him and the company!
2012 will be a great year for ECMH and it's investor's!
GO ECMH!!!
Financial statements, I believe...
Sorry, but that is probably what is happening
The price should have gone from .0001 to 1.00 a share, but for those who were paying attention to it during the no trading period following the R/S they would have seen on the L2 that NITE was the only one on the Bid and Ask for several weeks prior to regular trading resuming and had several trades go though of around 500 shares each that dropped the price all the way down to .05 a share before regular trading resumed. During that time when NITE was the only one on the L2 they had the bid at .05 and the ask at 1.25. So more or less this thing is already way in the hole following the R/S and the previous pre-split shareholders were screwed over by the company big time. Not saying this ain't a good play for some right now, just BE CAREFUL because this company is going to do whatever they can to sucker you out of your money.
..but being that there is no dilution for past 5 or 6 months...that in itself is huge ...
Subscriber Count For Today-37392
On 11-17-2011 it was at 37390
On 10-19-2011 it was at 37384
On 10-05-2011 it was at 37375
On 9-27-2011 it was at 37370
On 9-21-2011 it was at 37367
On 9-13-2011 it was at 37365
On 8-29-2011 it was at 37359
On 8-20-2011 it was at 37355
On 8-18-2011 it was at 37342
On 8-17-2011 it was at 37339
On 8-08-2011 it was at 37340
On 8-05-2011 it was at 37283
On 8-04-2011 it was at 37256
On 7-23-2011 it was at 37234
On 7-19-2011 it was at 37246
On 7-13-2011 it was at 37243
On 7-12-2011 it was at 37241
On 6-30-2011 it was at 37238
On 6-25-2011 it was at 37233
On 6-16-2011 it was at 37231
On 6-09-2011 it was at 37229
On 6-08-2011 it was at 37225
On 6-07-2011 it was at 37222
On 6-02-2011 it was at 37219
On 6-01-2011 it was at 37211
On 5-25-2011 it was at 37208
On 5-23-2011 it was at 37204
On 5-20-2011 it was at 37198
On 5-17-2011 it was at 37196
On 5-13-2011 it was at 37195
On 5-12-2011 it was at 37184
On 5-05-2011 it was at 37164
On 4-29-2011 it was at 37160
On 4-25-2011 it was at 37141
On 4-07-2011 it was at 37137
On 4-01-2011 it was at 37133
On 3-29-2011 it was at 37123
On 3-25-2011 it was at 37109
On 3-21-2011 it was at 37093
On 3-16-2011 it was at 37082
On 3-11-2011 it was at 37076
On 3-09-2011 it was at 37061
That is an increase of 331 Paying subscribers in approximately 258 days time or since I started doing this list.
You can go to this link and feel free to check it whenever to see what the increase in subscribers is.
http://www.thedirectory.com/listing/allcategories.php
Please note that not all the subscribers shown at this time are believed to be paying subscribers, but every new subscriber added is a paying subscriber.
GLTYA
go SEEK