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We are up .16 in after hours trading. Hopefully that is an indicator of how awesome tomorrow is going to be
Doesn't look like I'm gonna be able to lol. I'll be happy with an extra 20k added on to my yearly salary. I won't get too greedy haha
Yeah that does happen if you don't research the company. I've been in BULM since in was in the .50 range and i'm holding long. There is always a basher...lol
Yes Sir! I'm letting the panther run. We are up .12 in after hours trading. nice!
He makes tons of money promoting stocks. He openly says he doesn't invest in any of the stocks he recommends. He may be lying, who knows? Either way this is a great company that is moving forward and making huge profits. Bulm is a good investment either way.
I was definitely telling the truth lol...but it was probably just bad quotes. I'll be selling all of my shares here before it even gets close to that point. I'm looking at the .03 to .06 range
Agreed. This time he is getting paid but BULM has made his top 10 picks the last two years and he isn't compensated for that. I agree this is probably in prep for their TSX listing. Either way this stock has a lot of room to climb. GLTA
Thanks for the find. Looks like there are more notes that haven't matured yet...
If this went to 2 bucks id quit my job tomorrow! lol
The date of that filing was just 3 days ago...2/23/11 so this is a bit of new info.
FRESHWATER TECHNOLOGIES INC.: 8-K, Sub-Doc 1, Page 2
UNITED STATES SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 8, 2010
FRESHWATER TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
333-140595
(Commission File Number)
98-0508360
(IRS Employer Identification No.)
30 Denver Crescent, Suite 200, Toronto, Ontario, Canada M2J 1G8
(Address of principal executive offices and Zip Code)
(416) 490-0254
Registrant's telephone number, including area code
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 3.02 Unregistered Sales of Equity Securities
Further to our Form 8-K filed on September 10, 2010 with the Securities and Exchange Commission relating to a Securities Purchase Agreement whereby we agreed to sell one convertible promissory note to one investor on September 7, 2010 for $25,000 (the “Loan”).
The investor converted portions of the convertible promissory note on the dates and in the amounts set out below:
$7,500 of the Loan was converted into 2,027,027 shares on November 8, 2010;
$8,000 of the Loan was converted into 8,888,889 shares on February 7, 2011; and,
$10,000 of the Loan was converted into 9,090,909 shares on January 3, 2011.
The issuance of our shares was made pursuant to the exemption from the registration requirements of the United States Securities Act of 1933, as amended (the “Act”), provided by Section 4(2) of the Act and Rule 506 of Regulation D promulgated thereunder, to a sophisticated investor that acquired our securities for investment purposes and not pursuant to any general solicitation by us.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
FRESHWATER TECHNOLOGIES, INC.
/s/ Max Weissengruber
Max Weissengruber
President, CEO and director
Date: February 23, 2011
*Looks like they got their funding they needed by using a convertible promissionary note (doesn't look like dilution). That is why the shares are so cheap at the moment!! When the note matures it can be traded in for shares of stock, cash, ect. The cheaper the shares are the more shares the investor is able to purchase therefore there is greater upside potential for the guy who is fronting the bill for FWTC. Take a look at the share price of the days that the loans were converted. The investor is going to expect to make a LARGE return on his investment so that may give you an idea of where this is going. IMO there was manipulation here to help the investor get large numbers of shares at a super cheap price to increase the incentive of investing in FWTC. They now have proven they have money to continue operating so that is a good thing for us. It looks like the entire loan has been converted into shares as well so there is not reason for the shares to be this cheap anymore...Wishful thinking on my part but a nice find!
We are going to see a big jump here soon imo. Lebed is pumping this stock again and is saying bulm is another GPL which would be AMAZING if he is right. Looks like the guys at BULM are ready for the pps to rise so they are taking action to make sure this happens. Hope you've been accumulating!
Here is the bid/ask on my etrade... bid 0.0002 x5,000 ask 2.00 x500... lol it has to be a bad quote but wouldn't that be nice if someone smacked that ask?! hmmm...it's the same on my scottrade so it must be right but that'll change
Nice news here...I will definitely be adding more at these levels
Anyone know what happened here today?
Nice! We are up .10 in after hours trading to 3.57. The panther is on the prowl
Ugly day here today! I know it'll bounce back quick but I hate looking at it. Any new developments?
Yeah, we keep bouncing around these low levels so hopefully this is the bottom. I'm definitely not going to add any more shares though. GLTA hopefully this thing will get back on its feet.
Form T's are just for purchases of stock after hours. Someone wanted those shares really bad.
BULM is a great choice. Anyone know why we had the sudden drop? Gold is up huge today and bulm is down hugh. This is ridiculous.
It seems to be the bottom but who knows? It keeps touching these levels but doesn't seem to be going down any further. Last year we stayed in the pennies range here. I dunno what happened
Today was a great day but damn i wouldve rather closed up .30. Too many people taking profits!! I guess that just means for for us :-P
Silver and Gold were both up huge today and the U.S. markets weren't even open. Tomorrow should be a good day for panther.
Who knows?? We will probably see a bounce here at some point in time. This company just has a ton of debt and wasn't making any big sales. Some good news will send this soaring but there may not be any good news. I'm in long regardless...
Nice Post! It's going to be hard to not want to sell when this thing hits 10 bucks but i'm going to hold long lol! Looks like we are up to 3.12 in after hours...nice!
Back into sleep mode...It's ok though. We know the big day is coming soon
CNBC...it's on Ihub as well actually.
Whoa! We are at $2.97 in after hours trading. New high!!
If it is not intended to raise the pps then it is all fluff IMO. I do believe in this company and know big things are ahead so don't take that the wrong way. I'm having a hell of a time getting filled at .02 today. There must not be many shares left around here. I'm anxious to see how much of the float has been eaten up. Tomorrow should be a decent day for all of us here.
We had news just a week or so ago but it was just fluff. Tomorrow is supposed to be a good day though
I hope so! We are going to need to ton of volume to counter the manipulations. This thing has been dropping over 30% on sales of shares under $500. It's rediculous
Ouch! We got beat up a bit today.
Finally getting a little attention here! It's not just me and you talking back and forth haha! Looks like our patience is going to pay off. I'm glad i averaged down.
Finally! Looks like the company may be happy with the ammount of cheap shares they have been able to purchase. Maybe we will finally see the big run here.
Great news! As soon as silver find it's bottom it is to the moon from here! There is no way around it. JP morgan is eventually gonna get squeezed and inflation is coming. Illinois and Cali havn't even filed for bankruptcy yet and that is inevitable unless HUGE changes are made. Accumulate while you can fellas. It is going to be a bumpy ride but the reward is coming.
ugh...brutal day today
Here comes the wave!...hopefully
Man! I missed all of the super cheap shares. I may just have to settle for some cheap ones this friday. Finally a great day here.
Anyone else notice the only sell at .0004 today was for 300 shares? haha. Manipulation at it's finest. That person may be able to buy a stick of gum with their profits.
Been holding and adding shares for over a year here so i'm ready for the big day. I only have around 2 mil shares here but i'm going to ride the wave to penny land. Everyone knows POPT is going to pop eventually. Patience is the key. From your dd it looks like that day is coming soon.