Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
From observing another stock when I had orders waiting to be executed, I've noticed that sometimes only market makers are selling or buying shares without any retail order being executed. I've noticed cases where they sell and buy at the bid or ask price so one could believe it's a retail order being executed but it's not. I have even seen NITE placing an order quickly just below the ask price of that moment to execute an order a few seconds later. The amounts of shares were ranging from around one hundred to a few thousand. I don't know how it works exactly and whether it's legal though.
I'm out of trading anyway and even more so when it comes to penny stocks. I'll only be holding my shares of IHAI for an indefinite time, you never know...
I didn't post it because I thought it was the last one but because it says how many shares are reserved for Asher.
No more comment from me, you have enough with the filings to know what it's all about.
This is the share structure I got on November 29, 2011, if you can read it like it should:
It doesn't mean Asher is going to dump all that many shares but in the theoretical case the company issues shares and the number of authorized shares is reached, a certain number of shares will stay available for Asher. That's why they were reserved for Asher when DUSS got money from them.
I don't know but my advice is just to get to know who Asher (and others) is and what they do. Asher doesn't care at all about those who hold shares of DUSS, they just want their money back (and more if they can).
They were reserved months ago and Asher began to dump shares again in May (more or less). Just stating facts for those who might need it.
"Shares RESERVED: ( 111,954,671)" means that there are still 111,954,671 shares that can be sold by Asher. These shares are reserved for them if they need them which is the case because of the outstanding note(s).
My opinion is that those who sell below $0.9 are either stupid or have an agenda.
They use Marketwire for their press releases.
I don't have an account with TD or Fidelity but their PRs show up fine on iHub, otcmarkets.com and Yahoo finance at the very least.
http://www.marketwire.com/
It seems to me that those who buy these warrants at $0.64 aren't going to sell shares at $0.64 otherwise they wouldn't make any profit. $0.64 is the "proposed maximum offering price per unit" though. Also, investors who are going to buy these shares and warrants probably know that they won't be able to sell like they want in the stock market as liquidity is very low for the moment. So I think these would be long-term investors only. As far as I understand it and just my opinion.
Maybe there is a reason behind this.
I'm not sure people would buy at this level at random.
I noticed VFIN bought a fair amount of shares not so long ago.
Maybe they are done with it for the moment.
Just for your information, from a well-known company trading in France, Europe:
35,000 units x $200 = $7,000,000
35,000 units x $300 = $10,500,000
35,000 units x $400 = $14,000,000
Etc.
Multiplication 101.
They told us they were looking into uplisting to the Amex or Nasdaq in the near future, we know it takes a price of share of $2 or $3 for the Amex but probably $3 in this case or $4 for the Nasdaq and we were wondering how it would be possible. I guess we have the answer now. But whether it'll work or not is another thing.
New trademark owned by TVGoods: "Ascella Bulb" (Flashlights; LED light bulbs)
http://www.trademarkia.com/ascella-bulb-85434073.html
http://www.facebook.com/photo.php?fbid=323764131018725&set=a.323764127685392.74707.100215430040264&type=1&theater
In my opinion, some people are manipulating this stock.
3000 shares sold at $0.71 at 15:58:29.
Not sure it's an ordinary sell when the seller could have waited that someone buy them higher like it happened earlier today.
Or was this person just impatient?
The Street headphones in there beside some TVGoods products:
http://www.facebook.com/photo.php?fbid=328492210530889&set=a.129845177062261.14852.128043183909127&type=1&l=eda30dce9b&permPage=1
For the rest, I'm too busy to pay much attention to the stock for the moment but I'm not sure we'll have many sellers below this level, except maybe those who got free shares because they worked for the company.
InventHelp's INPEX® Announces Kevin Harrington as 2012 Keynote Speaker
OK, thank you.
Sorry for my other post.
Any answers to these questions would be appreciated.
Thank you.
"Rome wasn't built in a day."
Maybe ASTV has better days ahead than people think based on the lack of upward movement in the share price.
Wait and see...
There will be an optional subscription offered for anyone who would like to purchase stand-alone.
Uplisting to the Amex seems easier because of the lower price per share needed:
http://www.amex.com/equities/howToLst/Eq_HTL_ListStandards.html
As always, thank you for the great depth of your analysis and for sharing your wonderful writing skills with us.
We have an expert here, for sure.
As far as I understand it (but maybe I'm wrong or inaccurate), it seems that the gross revenues during the last quarter have increased to something like $27,554 ($66,000 for the whole year - $38,446 for the nine months ended July 31).
Zimbabwe Leaning on Foreign-Owned Mining Companies
September 8, 2011 11:40 AM EDT
Zimbabwe's government is threatening more than 50 foreign-owned mining companies with the loss of their licenses after they allegedly failed to submit acceptable "indigenisation and empowerment plans."
Saviour Kasukuwere, Youth Development, Indigenisation and Empowerment Minister, also said Thursday that the companies risk prosecution if they fail to comply with the 2008 law that mandates "indigenisation," according to a story in the state-controlled newspaper The Herald.
The nation's indigenisation plans include making all mines in the nation at least 51 percent indigenous owned.
"Companies that did not respond or have not complied with the indigenisation and economic empowerment legislation will be prosecuted or have their business operating licences cancelled," said Kasukuwere.
He said his office had already started the process of cancelling the license of Zimplats Holdings Ltd., which is 87 percent owned by South Africa's Impala Platinum Holdings Ltd., the world's second largest platinum producer behind Anglo American Platinum Ltd.
This article is copyrighted by International Business Times, the business news leader
Yes, there is a message board about it: investorshub.advfn.com/boards/board.aspx?board_id=13018.
Because it's the average price I paid for my shares?
Seriously, I was happy to see they didn't give discounted shares valued at 50-60% of the market price like some many companies do in the OTC market.
Maybe you could ask KBL, LLP if you are interested in accountants' take on it: http://www.kbl.com/
I'm too busy for that myself but I'll read any information posted here that anyone got from KBL.
ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS.
Explanatory Note
The purpose of this amendment to is correct certain typographical errors and provide additional disclosure concerning the matters disclosed under Item 4.01 of our Current Report on Form 8-K filed with the Securities and Exchange Commission on September 30, 2011.
Termination of Certifying Accountants
On September 28, 2011, we dismissed Mendoza Berger & Company ("Mendoza") as our independent registered public accounting firm. Our dismissal of Mendoza was based on our decision to engage KBL, LLP ("KBL") as our new independent registered public accounting firm, as described in greater detail below.
Our decision to change accountants was approved by our audit committee and board of directors. The reason for changing accounting firm’s from Mendoza to KBL was to facilitate a reverse merger transaction which the Company is currently contemplating with a party that has agreed to pay related audit fees and prefers to use an audit firm closer located to the party. It should be noted, however, that there can be no assurance that a reverse merger transaction will ultimately be consummated.
The audit report dated March 15, 2011 of Mendoza on our consolidated financial statements and consolidated financial statement schedules as of and for the years ended December 31, 2010 and 2009 did not contain any adverse opinion or disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope, or accounting principles, except that the audit report contained a separate paragraph stating:
“The accompanying consolidated financial statements are presented assuming the company will continue as a going concern. As more fully described in Note 1 to the consolidated financial statements, the Company has sustained accumulated losses from operations totaling approximately $84 million at December 31, 2010. This condition and the Company’s lack of significant sales of its products to date, raise substantial doubt about its ability to continue as a going concern. Management's plans to address these conditions are also set forth in Note 1 to the consolidated financial statements. The accompanying consolidated financial statements do not include any adjustments which might be necessary if the Company is unable to continue as a going concern.”
During the years ended December 31, 2010 and 2009 and the subsequent interim period through September 28, 2011, there were no disagreements with Mendoza on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures which disagreements, if not resolved to Mendoza’s satisfaction, would have caused Mendoza to make reference to the subject matter of the disagreement in connection with its report. During the years ended December 31, 2010 and 2009 and the subsequent interim period through September 28, 2011, there were no reportable events (as described in Item 304(a)(1)(v) of Regulation S-K (“Regulation S-K”) under the Securities Act of 1933, as amended)) with Mendoza .
We provided Mendoza with a copy of the disclosures we are making in this Item 4.01. Attached as Exhibit 16.1 to this Form 8-K/A is Mendoza’s letter to the Securities and Exchange Commission, dated October 7 , 2011, regarding these statements.
Engagement of New Certifying Accountants
On September 28, 2011, we engaged KBL, LLP. ("KBL") as our new independent auditors. We have not consulted with KBL during the two most recent fiscal years and through September 28, 2011 regarding (i) the application of accounting principles to a specific completed or contemplated transaction, (ii) the type of audit opinion that might be rendered on our consolidated financial statements, or (iii) any matter that was either the subject of a disagreement (as described in Item 304(a)(1)(iv) of Regulation S-K) or a reportable event (as described in Item 304(a)(1)(v) of Regulation S-K).
I don't know whether it's what you're searching for but what was announced by Warrior of Wisdom on the RPTN message board before the PR was released is this:
Lantis Laser Acquires an 80% Controlling Equity Stake in a Publicly Traded OTCQB Company
FREEHOLD, N.J., Dec 21, 2011 (GlobeNewswire via COMTEX) -- Lantis Laser Inc. (OTCQB:LLSR), is pleased to announce it has acquired an 80% controlling equity stake in an OTCQB publicly traded company, Raptor Networks Technology, Inc. (OTCQB:RPTN) in exchange for 5 million shares of Lantis' common stock. LLSR expects to utilize the Raptor accumulated losses to off-set future taxable income from our gold and other mining and minerals endeavors Lantis is actively pursuing in Zimbabwe. We encourage you to review the recent 8-K filing for details.
Thank you for inviting me also.
I'm very busy trading on the big boards for the moment so I'll just come from time to time to read how things are going with DUSS.
It's only a problem if your broker clears through Penson which Zecco does.
As far as I'm concerned, I still can buy and sell IHAI whenever and in whatever amount I want because my broker clears through Pershing.
Yes, so my point is: why did you post as if the show was removed from CityTV for season 2?
You know all about DUSS, don't you?
Otherwise, just search on the Internet and you would have had the answer about what was planned and that is now confirmed hence the utility of a PR.
Check this out, it's dated January 31, 2011.
Paperny to shoot season two of Dussault Inc.
January 31, 2011 by Emily Claire Afan
Vancouver’s Paperny Films is following Jason Dussault to L.A. to film season two of Dussault Inc. for Rogers Media Television.
The 16 x 30-minute HD docu-soap revolves around the titular fashion entrepreneur’s work and family life with partner Mashiah Vaughn.
Season two of Dussault Inc. is slated to air on Biography and Citytv, with launch dates still TBA. Production goes through September.
David Paperny and Cal Shumiatcher are executive producers for Paperny Films (The Week the Women Went, Glutton for Punishment), along with production executive Patrice Ballargeon for Rogers Television.
AsSeenOnTV.com has Sync by 50 Wireless & Wired Headphones
Friday, January 6, 2012 4:05 PM
From: "Steven Hart" <shart@TVGoodsInc.com>
To: "Steven Hart" <shart@TVGoodsInc.com>
See link provided. Pass on to friends. We know this has been a longtime coming & believe it will be worth the wait.
https://www.asseenontv.com/free-shipping/detail.php?p=366344&icid=homepage-slider-tab_free-shipping
Steven Hart
Corporate & Strategy Development
As Seen On TV, Inc./TV Goods, Inc.
(917) 658-7878
shart@TVGoodsInc.com
I noticed that one of my brokers let me buy in Frankfurt and sell the same shares in the US. So I placed an order to buy 5000 shares at 0.32 € ($0.412) to test it but Frankfurt seems too illiquid so I don't really except my order will get filled. It would be nice though... Stuttgart is more liquid but I can't buy there. Alternatively I could also buy shares at 0.36 € ($0.463) but I would wait to see whether the ask gets raised to more than that in the US.
Thank you very much!
Thank you Warrior of Wisdom!
I've only bought shares of RPTN.
Do you also hold shares of RPTN or only of LLSR?
What is the difference between buying shares of RPTN or LLSR in your opinion?
Continental Stock Transfer told me the same for another stock and they are considered "Number One Stock Transfer Agent in the U.S. for 2011" (SCS 2011 Survey).
They answered: "We have been directed to advise that any requests regarding Issued and Outstanding Shares for any company that we act as transfer agent must be attained by going directly to the issuing company’s corporate office for that information."
http://www.continentalstock.com