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So you are saying the 10Q is wrong then. It says they issued new shares about 200M. Come on please. these issued share go hand in hand with the peaks in the charts. thanks.
THe board showed i was right. Plenty of posts said they couldnt trade until the day after my post. Thanks.
WHere are your facts? waiting!
Where are your facts? Mine come the Chart and the 10Q. thanks
The facts about why SGLN is where it is!!
Examples of Signs of diution:
I always thought traders and investors appreciated facts! hmmm who would have thunk it not to be the case. GLTU
Examples of Signs of diution:
uh nope it wasnt. just review the posts earilier today and they all confirm my comments yesterday.
Thanks
you mean for an hour and only like 10Million shares or so. then it crashed to .0022 at close.
THis company has a 5.8 Billion share o/S
YOu mean short volume not short interest big difference.
DId these volumes cause stock to show up on REG SHO. NOPE ok thanks.
but but i thought they had to cover because of the name change. geez make up your mind here folks.
please! here are facts!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71530336
i wouldnt call it just 50k shares:
$0.0014 100,000 OTO 10:34:02
$0.0013 5,000 OTO 10:28:58
$0.0012 2,121,000 OTO 10:27:35
$0.0013 5,000 OTO 10:27:30
$0.0013 370,000 OTO 10:27:26
$0.0014 5,000 OTO 10:27:25
$0.0014 250,000 OTO 10:27:23
$0.0014 320,000 OTO 10:27:17
$0.0015 5,000 OTO 10:27:11
$0.0015 100,000 OTO 10:27:04
$0.0016 74,000 OTO 10:26:50
Because there is no huge short interest here, it's a myth. They are always refering to the daily short volume which is not equal to shor interest. Reg SHO is there to keep check on the short volume and Naked shorting and i havent seen SGLN or CNUV on that list.
Please show me the huge short interest (the daily short list means nothing)
http://www.otcmarkets.com/stock/SGLN/short-sales
https://www.otcbb.com/asp/OTCE_Short_Interest.asp
Please show me where they are on REG SHO, which takes into account naked shorting etc.
http://www.otcmarkets.com/marketActivity/reg-sho-otc
the daily short list means nothing read the regulations.
----
Definition of 'Regulation SHO'
A regulation implemented on January 3, 2005 that seeks to update legislations concerning short sale practices. Regulation SHO established "locate" and "close-out" standards that are primarily aimed at preventing the opportunity for unethical traders to engage in naked short selling practices.
I have an email from them so whatever dude.
I talked to them and they said it would be similiar for most the brokerage firms. I never said all just most.
Call etrade yourself, that's what they said.
per ETrade:
Once received, the portfolio will reflect the new company name. Unfortunately, there is not yet a date available as this is a penny stock. These securities can take a little longer for the company to actually send the new shares to E*TRADE.
This can range from a few days to a few weeks.
LMAO. its down to .0018 now. (close to the main avg of .0012 pps before).
By the way most people who own CNUV on thursday could not sell Friday or today so until the brokers get the new ones and it could take days and weeks per Etrade. they cant sell therefore no gain. To FUnny here.
yea ignore the facts:
Company Notes
and now SGLN
•Formerly=China Nuvo Solar Energy, Inc. until 1-2012
•Formerly=Interactive Games, Inc. until 8-07
•Formerly=Torpedo Sports USA, Inc. until 3-05
•Formerly=e Nutrition, Inc. until 5-02
----
If you are in this i suggest do it as a flipper and get out and dont let those tell you to hold long because u will be holding the bag. imo
Can we try to look at an uptodate 10Q
The Company had a working capital deficit of approximately $1,492,000 at October 31, 2011. Additionally, the Company to date has generated minimal revenues. Accordingly, the Company has no ready source of working capital. These factors raise substantial doubt about the Company's ability to continue as a going concern. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. While management believes the Company may be able to raise funds through the issuance of debt or equity instruments, there is no assurance the Company will be able to raise sufficient funds to operate in the future. The debt financing may include loans from our officers and directors. Although our balance sheet includes current liabilities of approximately $1,605,000, a portion of this amount are in the form of a derivative liability of $269,849 and convertible notes and debentures of $497,347. These amounts, plus other related party loans of approximately $106,000 and accrued and unpaid interest may be converted to common stock, thereby reducing considerably our debt service obligations. Nevertheless, we will be required to raise funds in order to fund our operations and costs associated with being a public company.
From another part of the recent 10Q:
The Company has incurred losses since its inception and has a working capital deficit of approximately $1,491,000, and an accumulated shareholdersÂ’ deficit of approximately $2,075,000 as of October 31, 2011.
Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8337913
Please show me the huge short interest (the daily short list means nothing)
http://www.otcmarkets.com/stock/SGLN/short-sales
https://www.otcbb.com/asp/OTCE_Short_Interest.asp
Please show me where they are on REG SHO, which takes into account naked shorting etc.
http://www.otcmarkets.com/marketActivity/reg-sho-otc
the daily short list means nothing read the regulations.
----
Definition of 'Regulation SHO'
A regulation implemented on January 3, 2005 that seeks to update legislations concerning short sale practices. Regulation SHO established "locate" and "close-out" standards that are primarily aimed at preventing the opportunity for unethical traders to engage in naked short selling practices.
Read more: http://www.investopedia.com/terms/r/regsho.asp#ixzz1ksgTAlug
No dilution Hmmm really?
this is just what they issued through November below. they have issued about 200Million new shares into the 0/S, thats called dilution (thats just a couple months worth plus they are in debt 2 Million dollars since they started in March of 2011 up until 3rd quarter 10Q 2011.
So just wait for 10k, 2011 and the 10Q first quarter 2012 and you will see the rest.
Common Stock Issuances
In November 2011, the Company issued $100,000 in convertible notes to seven investors. The notes convert at a discount equal to 50% of the average of the lowest three trading prices per share of the CompanyÂ’s common stock for the ten (10) trading days immediately preceding the date of conversion. Accordingly, in November 2011, upon the Company receiving Conversion Notices on the $100,000 convertible notes from the noteholders, the Company issued 146,853,147 shares of restricted common stock.
In November 2011, the Company issued 31,044,776 shares of common stock upon the conversion of $20,000 of the 2011 Convertible Notes and $800 of accrued and unpaid interest.
On November 15, 2011 the Company issued 40,000,000 shares of common stock upon the conversion of $30,000 of the 2007 Debentures. The shares were issued at an average conversion price of $0.00075 per share.
Management performed an evaluation of the CompanyÂ’s activity through the date these financials were issued to determine if they must be reported. The Management of the Company determined that there were no other reportable subsequent events to be disclosed
MORE 50% DISCOUNTED SHARES AT THE TIME OF SHARES. i WAS RIGHT. SHOULD HAVE LISTENED.
------
ORIGINAL:
Shares issued for conversion of subordinated debentures and accrued interest
From September 2, 2011 through October 31, 2011 the Company issued 124,320,512 shares of common stock upon the conversion of $88,000 of debentures and $10,336 of unpaid interest on the debentures. The shares were issued at approximately $0.0008 per share.
Shares issued for conversion of Series A Preferred Stock
On September 6, 2011 the Company issued 32,894,167 shares of common stock upon the conversion of $39,473 shares of Series A Preferred Stock. Pursuant to the Certificate of Designation of the Preferred Stock, as amended, the shares were issued at approximately $0.0012 per share.
Other issuance of shares of common stock
On October 20, 2011, the Company issued 76,677,667 shares of common stock pursuant to Debt Settlement and Release Agreements in exchange for the cancellation of $43,007 of accounts payable. The shares were issued at approximately $0.0006 per share.
Wow that is really stretching. funny.
www.otcmarkets.com is where the information is on these companies. That Reg SHO data and Short interest is directly provided from regulatory body which is why the sites have the disclaimer because they dont make the lists they just show them from the governing body.
GOOD LUCK. wow
yea dont forget most at below .0022 and as low as .0015 after the high when it first openned then all down hill the same day. and it closed at .oo22. good luck.
and drop to 69% at closing from 180% and even lower during trading day. Yep dilution
if you had it you would show it. hard to argue with facts that are shown to you. GLTU.
it is 'TOO FUNNY':
Please show me the huge short interest (the daily short list means nothing)
http://www.otcmarkets.com/stock/SGLN/short-sales
Please show me where they are on REG SHO, which takes into account naked shorting etc.
http://www.otcmarkets.com/marketActivity/reg-sho-otc
Wow alot of shorts really had to cover my @$$. If it were true it would not just be at 30 some million shares traded and the pps would have not went from .0035 to .0022 at the close and as low as .0015 today. GLWT
It's called company issuing new shares into the O/S on this news. wait and see. i was right before and i am right now.
this is just what they issued through November below. they have issued about 200Million new shares since last updated.
So just wait for 10k, 2011 and the 10Q first quarter 2012 and you will see the rest.
Common Stock Issuances
In November 2011, the Company issued $100,000 in convertible notes to seven investors. The notes convert at a discount equal to 50% of the average of the lowest three trading prices per share of the CompanyÂ’s common stock for the ten (10) trading days immediately preceding the date of conversion. Accordingly, in November 2011, upon the Company receiving Conversion Notices on the $100,000 convertible notes from the noteholders, the Company issued 146,853,147 shares of restricted common stock.
In November 2011, the Company issued 31,044,776 shares of common stock upon the conversion of $20,000 of the 2011 Convertible Notes and $800 of accrued and unpaid interest.
On November 15, 2011 the Company issued 40,000,000 shares of common stock upon the conversion of $30,000 of the 2007 Debentures. The shares were issued at an average conversion price of $0.00075 per share.
Management performed an evaluation of the CompanyÂ’s activity through the date these financials were issued to determine if they must be reported. The Management of the Company determined that there were no other reportable subsequent events to be disclosed
MORE 50% DISCOUNTED SHARES AT THE TIME OF SHARES. i WAS RIGHT. SHOULD HAVE LISTENED.
------
ORIGINAL:
Shares issued for conversion of subordinated debentures and accrued interest
From September 2, 2011 through October 31, 2011 the Company issued 124,320,512 shares of common stock upon the conversion of $88,000 of debentures and $10,336 of unpaid interest on the debentures. The shares were issued at approximately $0.0008 per share.
Shares issued for conversion of Series A Preferred Stock
On September 6, 2011 the Company issued 32,894,167 shares of common stock upon the conversion of $39,473 shares of Series A Preferred Stock. Pursuant to the Certificate of Designation of the Preferred Stock, as amended, the shares were issued at approximately $0.0012 per share.
Other issuance of shares of common stock
On October 20, 2011, the Company issued 76,677,667 shares of common stock pursuant to Debt Settlement and Release Agreements in exchange for the cancellation of $43,007 of accounts payable. The shares were issued at approximately $0.0006 per share.
yea the company issuing new ones for to have to make the payroll for them. Too funny
so much for that so called short interest here. Too Funny
Why did it go as low as .0015 today and close at .0022 after being up to .0035 if this is so shorted. Too Funny again.
Im sure SGLN loves it because they can sell new shares into the O/S on this kind of crap news, which im sure you will see they did. Name change means nothing but a fresh new look for them to start the scam all over again. Look at the history, they have changed the name and business type about 3 times or more. LMAO.
but you said this was shorted like crazy.. iff so shorted why did the pps drop from .0035 to between .0018 and .0023. too funny. Shorts my ....
LMAO! from .0035 to .0018 already. They are really issuing the crap out of some new shares today into the O/S. Where are all the shorts, where is that short squeeze. Too too funny. Sheep to the slaughter!
0.0019 150,000 OTO 12:01:36
$0.0020 100,000 OTO 12:01:27
$0.0022 19,100 OTO 11:59:48
$0.0022 19,100 OTO 11:59:15
$0.0022 43,263 OTO 11:59:06
$0.0022 5,000 OTO 11:59:05
$0.0022 300,000 OTO 11:51:42
$0.0024 10,000 OTO 11:37:23
$0.0022 47,600 OTO 11:33:29
$0.0022 18,800 OTO 11:32:47
$0.0019 320,010 OTO 11:28:49
$0.0019 500,000 OTO 11:28:47
$0.0018 890,000 OTO 11:28:23
$0.0018 100,000 OTO 11:27:53
$0.0018 50,000 OTO 11:27:38
$0.0019 50,000 OTO 11:27:36
$0.0018 50,000 OTO 11:27:32
$0.0019 110,000 OTO 11:24:35
$0.0020 5,000 OTO 11:24:23
$0.0020 5,000 OTO 11:23:48
$0.0021 5,000 OTO 11:23:36
$0.0021 200,000 OTO 11:23:30
$0.0023 115,000 OTO 11:23:29
$0.0023 5,000 OTO 11:22:04
$0.0023 11,300 OTO 11:17:54
$0.0023 5,000 OTO 11:12:57
$0.0023 22,000 OTO 11:09:35
$0.0023 65,000 OTO 11:09:35
$0.0023 50,000 OTO 11:00:42
$0.0024 50,000 OTO 10:54:41
LMAO from .0035 to .0018. too funny
0.0019 150,000 OTO 12:01:36
$0.0020 100,000 OTO 12:01:27
$0.0022 19,100 OTO 11:59:48
$0.0022 19,100 OTO 11:59:15
$0.0022 43,263 OTO 11:59:06
$0.0022 5,000 OTO 11:59:05
$0.0022 300,000 OTO 11:51:42
$0.0024 10,000 OTO 11:37:23
$0.0022 47,600 OTO 11:33:29
$0.0022 18,800 OTO 11:32:47
$0.0019 320,010 OTO 11:28:49
$0.0019 500,000 OTO 11:28:47
$0.0018 890,000 OTO 11:28:23
$0.0018 100,000 OTO 11:27:53
$0.0018 50,000 OTO 11:27:38
$0.0019 50,000 OTO 11:27:36
$0.0018 50,000 OTO 11:27:32
$0.0019 110,000 OTO 11:24:35
$0.0020 5,000 OTO 11:24:23
$0.0020 5,000 OTO 11:23:48
$0.0021 5,000 OTO 11:23:36
$0.0021 200,000 OTO 11:23:30
$0.0023 115,000 OTO 11:23:29
$0.0023 5,000 OTO 11:22:04
$0.0023 11,300 OTO 11:17:54
$0.0023 5,000 OTO 11:12:57
$0.0023 22,000 OTO 11:09:35
$0.0023 65,000 OTO 11:09:35
$0.0023 50,000 OTO 11:00:42
$0.0024 50,000 OTO 10:54:41
its in one of the 8ks or 10q under IVOI. The cert will be good internationally.
Really? Is that why the price is going back down from a high of .0035 to .0024 in an hour of trading, to funny. It didnt take long for it to go back down. Dont worry it will be back down once they are done issuing new shares into the O/S at this price. LMAO
LMAO.
In 2007, the Securities and Exchange Commission (SEC) amended Regulation SHO to further limit possibilities for naked shorting by removing loopholes that existed for some broker/dealers. Regulation SHO requires lists to be published that track stocks with unusually high trends in "fail to deliver" shares. Some analysts point to the fact that naked shorting, albeit inadvertently, may help markets stay in balance by allowing the negative sentiment to be reflected in certain stocks' prices.
Read more: http://www.investopedia.com/terms/n/nakedshorting.asp#ixzz1k1BfmxuU
tOO FUNNY YES THEY DO REG SHO TAKES IT INTO ACCOUNT GO READ.
I GUESS ALL THOSE 200 mILLION SHARES WITHIN 3 MONTHS HAD NOTHING TO DO WITH IT. lmaO