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SMPP Trading has been suspended by DTC
more info at these links
http://www.dtcc.com/downloads/legal/imp_notices/2006/derivserv/ds386.pdf
http://search2.dtcc.com/?q=Strategic+Management+%26+Opportunity+Corp.&x=10&y=10&sp_k=imp_notices&sp_p=all&sp_f=ISO-8859-1
You can search this site yourself for Strategic Management & Opportunity Corp.
I spoke with Scottrade and was told there is a global lock on this stock. Any brokerage firm that uses DTC will not be able to trade SMPP until DTC releases the lock.
I still don't know why they put this lock on SMPP but I am looking into it and will post what i find if anything.
also this for those who wish to call
Questions regarding DTC’s Important Notice should be directed to the Operations Regulatory
Compliance Hotline (212) 855-1780.
Google eyes smaller players after Groupon
Not that Google would be interested in SMPP at this point.
http://finance.yahoo.com/news/Google-eyes-smaller-players-rb-3847373641.html;_ylt=Agvr3n6mWVJzJ1htb4uDOym7YWsA;_ylu=X3oDMTE1Ymw3dXQ3BHBvcwM3BHNlYwN0b3BTdG9yaWVzBHNsawNnb29nbGVleWVzc20-?x=0&sec=topStories&pos=4&asset=&ccode=
Good advice, I am looking to pick up another million. would like to see it down to .0001 for a bit.
How do you find this information?
"Any updates from the TA for the Outsanding shares, on Sept 30th the total was 3,880,794,361, has this amount changed? "
I feel the same way. I am going to grab a million at 3 if I can.
gee, when did we see this before... ohh ya aug.3
I don't think I am driving anyone nuts except you and myself. I have done a lot of DD and this was one of the questions I could not find an answer to until I read Rays post. I don't understand why you got involved with this thread, it wasn't anything personal or pertaining to you
You can be sure I will keep asking questions. Probable best you put me on ignore.
Thank you for taking the time to reply to my post. I really appreciate it.
I would really like to know the answer to my question. I understand this may not be the place to get into this. If anyone would like to help me out, please let me know and I will give you my e-mail, other wise I'll drop it.
Back to our regular programing "Fantasy Island"
Thanks, I was referring to shares outstanding. Sorry
hysterical is slightly overstated but if you go back you will find that at one time up until they became current shares outstanding were 47 million. Its there if you chose to look.
Look please just tell me how they got to where they are and I will be fine OK? I's just a 3,853,000,000 share difference no biggie.
You didn't answer my question Robert. What am I missing, really? Jeez you think I like to have these questions on my mind? Back in august they had 47,000,000 now billions. howdid they get there with out issuing new shares?
People should worry it's a sub-penny stock! WTF
Why no response? Because you don't have one, which is ok but please cheer-lead in another thread.
BTW your snideass replies won't chase me away. Any good stock will stand on it's own.
How do you get from 47,000,000 to the new float of I think it was 3.9 billion?
I really want you to tell me how they did that????
New question?????
Back before they restructured their shares. There were 47,000,000 shares out. Then the price of the stock was around a penny. They hit the news with a lot of PR and the stock ran up to .025. Then you can see when they started dumping the billions of shares on the market and the price dropped to .0001. As we know per there up to date files the new share structure.
My question is, where did all the money go when they were dumping billions of shares on the market. When the shares were sold, who got the money? At that time they were not current so there is no way to know. It isn't in their bank account and it didn't show up in their filings that I see. Please someone help me out here.
Thank you and GLTA
Tom
No I am not bashing I just have question as we all should that need to be addressed. This could be a great new company. I am still unsure.
How to value SSMP @1.00/share
Crude quick numbers, please correct me if I am wrong.
.04 eps with a forward PE of 25 get it there.
.04eps would need $200,000,000 profit. No idea what their margins will be to figure out how much $$$ in sales they need.
You can move the decimal points as needed lol.
Thanks
Left a message to have someone contact me about using their services to advertise for my company.
I will post on the reply.
i was looking for SMPP's link, not the link to the PR thanks
anyone know where the link went for their web site. please post link
If SMPP can execute revenue will go threw the roof. The trouble with pinks as far as I can see with my limited experience dealing with pinks is finding the legitimate companys. If this is one which it seem like it is, this will be every penny stock owners dream.
Coming out of a recession there is a lot of demand and money to advertise with.
Being a small bizz owner I find their product to be something I would use. I do intend to contacting them when they get started to see if and how their product will work for me. It addresses a lot of problems I find when choosing how to spend my advertising dollars.
GLTA and when I do contact them I will post my thoughts.
sure i'll join in
300,000 shares
Thanks for your work. There is always more to things than meets the eye. I would guess as SMPP gets contracts , they then would contract
VMIX for the account. How can they have signed contracts for use when they are not finished with their product. I see no problem here. JMO
I don't see anything wrong with this ticker so far. For traders, they should have been in at 1 or 2 and out at 8. A 4 bagger is nothing to sneeze at. For those who are looking for a longer investment, you have a great chance to pick up more on this dip. looks like a win-win for all.
glta
tom
Would you mind pasting where it said they have a contract with the company in question. Thanks, the last statement where it said they were working with VMIX.
curious of the age of the people here taking a chance on this ticker.
51
If they exspect any real investors it needed to be done asap. would be nice to see outside money come in.
Yes, it's gonna take some balls to hang in there. It seems like we will see some big moves.
Thanks for your reply. I was thinking the same. .0025 would be reat and not unreasonable.
Serlain, I was wondering your thoughts on the share structure.Back to aug and before they had 47 million shares outstanding and the share price was .025 at the high. Do you think the new share structure with the big increase in shares out standing will still enable this stock to reach it's old highs?
If the PR blitz that preceded the CE removal is any indication of whats to come. I don't think they will leave us wanting.
There's a saying," even blind squirrel finds a nut every now and then". Funny the way I stumbled upon this stock wasn't much different than that. It was a blind pick, random lol.
Lets hope we get a good run the next few days and weeks.
GLTA
I made this point not long ago and got slamed for it. Ya there were only 47,000,000 shares out back in aug when I bought in. Not sure if that was accurate though.
Anyway grats to you and good luck.
Great gains this week for those who had the guts to buy the 2s and 3s. I just picked up some 7s this morning and will be buying on the way up.
Glad to see this going up steady on the news all though I think it might be us here moving this thing lol. I suspect once some more news starts coming out we will see some nice volume and a nice kick into the 10s and hopefully 20s (.0010- .0020).
GLTA
Tom
SMPP gets pulled from this BB and volume drys up. kinda scary to think maybe the action was driven by this BB alone. Then again may it's a sign of good things to come.
Like I said in other posts, I am new to penny stocks so I am skeptical an unsure how the action is driven with these subpennys.
This post should be stickied.
lol Yes the might of my 100 buck will prove unstoppable.
Ok I know I said I was just going to lurk but I can't help myself. I think this might be a chance for those who didn't get in @.0003 and .0004 to jump in.
I wouldn't be surprised to see a pull back this week. I have funds clearing by Tue or wed. Hope if it does pull back it's after my funds clear.
(Noticed I used the words "pull back") I'm trying
GLTA truely
I can't use the PM to reply to those of you who PMed me. But thank you for your help.
I used the word dilution not fully understanding what it ment. my mistake. didn't mean and I am not trying to bash this stock. I Hope we all make some money on this.
My apology to all who were upset by my posts.
I'll just lurk.