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"We have pursued an aggressive intellectual property strategy and are developing new patents. As of September 30, 2014, we had 80 pending U.S. patents and provisional patent applications. In addition to the inventions covered by these patent applications, we have identified a significant number of additional specific inventions we believe may be novel and patentable. We intend to file for patent protection for the most valuable of these, as well as for other new inventions that we expect to develop."
Filing
I did not realize a stock could have that many zeros to the right of the decimal...........
Amazing how the PPS is holding up with this many shares trading.
"SAN JOSE, CA--(Marketwired - December 10, 2014) - Energous Corporation ("Energous") (WATT), today announced the pricing of an underwritten public offering of 2,857,143 shares of its common stock at a price of $7.00 per share to the public. The net proceeds to Energous from this offering are expected to be approximately $18.2 million, after deducting underwriting discounts and commissions and other estimated offering expenses payable by Energous. The offering is expected to close on or about December 15, 2014, subject to the satisfaction of customary closing conditions. Energous has granted the underwriters a 30-day option to purchase up to an aggregate of 428,571 additional shares of common stock. Energous anticipates using the net proceeds from the offering to accelerate its product development efforts, regulatory activities, business development and support functions, and for general and administrative expenses and other general corporate purposes."
Public Offering
I think the underwriter is doing a good job getting the company the best price they can for the shares. IMO
They keep issuing fluff PRs to no avail. Come on sub $5.....
Nibbling here at 8.18. That's close to the $2 mark pre-split.
Lurking and looking to buy at low PPS here.
Going to have to due a lot more dumping than that. About 300M worth.
It's marked, and saved. Too bad I will have to wait for over a year before I can reply again.
That would put the PPS below $4 when all is done. The filing stated they would have a little over 11M shares once they are done. The current market cap is $76M.
Either way, if they get they product out there this will be big. There will be plenty of time to buy, unless of course if a big name buys them out. I still think that could only happen after a product launch.
I don't think so. You see it's up today on very low volume. They probably wanting it to climb back some before selling more. Had it been a private placement I would feel better, but selling over 2M shares will take some time on the open market. I think the 52 week low is in jeopardy. I will wait until they announce funding is completed. GLTU
It states that it is a public offering in the filing. Go check out SEC filings, there are no filings or PRs posted on this board.
"We are offering $20,000,000 of shares of our common stock, $0.00001 par value, in this offering.
This is a public offering of our common stock. Our common stock is listed on the NASDAQ Capital Market under the symbol “WATT”. On November 25, 2014, the last reported sale price of our common stock on the NASDAQ Capital Market was $8.83 per share."
Filing
I am out for now. Loss $6K. I will wait and make it up after all this dilution is done. It is tough to dilute over 2M shares when it averages 50K traded in a day. They may even have to dilute more if the price keeps falling. They are raising $20M.
That's why I am here. I love the idea. How many times I walk around the house trying to find where I left my charger last. I want to be in early, but no guarantees....
No idea, but the offering is bringing this one down big time. No telling how low this will go before they are done selling. We could see sub $5. I will have to double down at that level.
I hope shorties covered...
WOW!
This board is as dead as the ticker.
Accounts Receivable are considered a current asset.
"A current asset is cash and any other company asset that will be turning to cash within one year from the date shown in the heading of the company's balance sheet."
WNTR has been carrying the receivables since the annual report ending December 31, 2013.
"NOTE 4 - ACCOUNTS RECEIVABLES AND OTHER ASSETS
The Company has an account receivable due from China Ming Yang in the amount of
$1,734,000 and $500,000 in an account receivable due from Solar City."
The SEC may not take kindly to a current asset being left on the books for over a year. Hence shifting bogus receivables to a Canadian exchange witch the SEC has no regulating authority.
BINGO!
Nope. Will never trade @$1. Pipe dream.........
They will be as worthless as the stock. Just shifting false assets around.
Keep guessing......
Get ready to lose then. It will be no different than Frank's other failures. Why list on a Canadian exchange? Think about that one for a while.
These F'n PRs are hilarious. Just like all pinks, they use the terms "signed" and "partnership" to mislead foolish investors.
I would bet a dollar to a doughnut that I-turd pays Rakuten to get access to the network of companies.
I stand corrected. Let's see if the 4 months 1 day from 7/24 pan out.
Not really. People just want the company to follow through on some of their statements.
1-2014 Name Change?
4 months 1 day from payment date 6-30
Pamlico completed 9/30?
That what they said, but not sure about Canada's regulators. Here, a prospectus is required before offering shares. My suspicion is that the trading will be delayed.
Naa, he's just telling his buddy he is ready to be off work, go home, and spark a "J".
LOL
Yes, the lawsuit was later dropped, but it was filed and did go to court. The plaintiffs ran out of money to peruse and dropped it. Point is you asked me to prove the lawsuit was made and I did prove it.
Like I have stated many times, Frank has a shady past and I don't trust him.
Are you kidding me. The is a snapshot of an official court document. Case number clearly visible. You can research the case number. Now who has credibility.
Try telling the Florida court system that they "hold no water". LOL
The past repeats itself. Frank is not new to this game. I have tons of DD on Frank's past failures and screwing people over.
I think you mean implode.
Ludvik
It won't be Frank's first lawsuit. He is seasoned by now.
insert-text-here
"Kristan has been named in at least two lawsuits filed in Florida courts, seeking damages of about $10 million each.
One of the filings was a 1997 class action suit brought against Kristan and two other men by dozens of people in 15 states alleging securities fraud. The suit was withdrawn a few years later when it was determined that the defendents didn’t have enough assets to justify pursuing it."
"In 1999, Patriot Growth Fund LP sued Kristan and two of his other companies, Patriot Advisors and Templar Corp., for breach of contract. A Florida jury ruled in favor of the fund, awarding damages of more than $3.5 million."
Divy you say? I wonder what these divies are worth? LOL
cracity Thursday, 09/04/14 01:51:00 PM
Re: None
Post # of 49992
Dividend you say?
Divy
"Ludvik Capital Announces Extension of Dividend Record Date
WILMINGTON, Del., Sept. 3 /PRNewswire-FirstCall/ -- Ludvik Capital, Inc
("Ludvik") (Pink Sheets: LDVK.PK) today announced an extension to the
record date for the dividend forward stock split to be effective September
21st, 2007.
Shareholders will receive one new share for each issued share of the
capital of the corporation for common shareholders of record September
21st, 2007. It is anticipated that the new shares will be issued on or
before September 30, 2007. The par value of the Company's common shares
will remain unchanged.
Ludvik Capital, Inc makes investments in public and private companies.
It provides long-term equity and debt investment capital to fund growth,
acquisitions and recapitalizations of small and middle-market companies in
a variety of industries (www.ludvikcapital.com). The investments and
development of the properties are subject to risks and uncertainties which
include, but are not limited to, those relating to permitting, financing,
the actions of federal, state, or local governments and agencies. Ludvik
Capital, Inc may be affected by some or all of these factors and other
risks and uncertainties, many of which are beyond Ludvik Capital, Inc's
control. Except for historical statements contained herein, the statements
made in this release constitute forward-looking statements that involve
risks and uncertainties.
SOURCE Ludvik Capital, Inc"
My thoughts as well. Not enough $ traded here yet the justify dilution. I have patient money waiting for merger news.....
Still trying to figure this out. Not big $ on volume, but some selling. Low float. Only ones that bought 4-6s should be selling now. MMs or retail?
Never the less, when merger news comes out there will be plenty of room to run.
Actually surprised to see those 8s and below sold recently. Once a R/M talks start rumbling this will climb....