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.
In AH, 3,000 shares @ .10
Let's see where $300 goes....
$1.91, thou shall not pass!
Calm before storm
Hi .05s, following pumpers here is financial suicide
Keeps hitting new lows on the day
1M share volume first 10 min, .05s in next 20 min.
.0675s right now whoever wants under .07.
.04s today
Headed to sub penny then r/s.
JMO
Ouch, get the heck out of this.
Dammit they are diluting the crap out of this one. If your down take your loss asap to avoid loosing more. looks like start of death spiral financing. Frrrs
Did it hault
Yeah I decided to buy in the .06s even though most think we go to low .05s..who knows, they may be right.
Please advise time frame to hit $1 per share. Thanks. Also how does new SEC regulation on blockchain play into this. Good luck. Long
First page on the 10-Q, about the 5th sentence down from the title block:
"State the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 9,800,623 common shares as of August 17, 2012."
http://www.sec.gov/Archives/edgar/data/1434477/000125529412000624/mainbody.htm
About 7.6M more than the OTC link shows, which would be 3.8B pre-split. Seems like a ton of shares just to pay off the remaining notes which seeem to total under $200K. I dont see mention of any new notes in the 10-Q. 3.8B at .0003 is $1.14M.
I wonder what is up and why/how we got to 9.8 O/S....I will wait to see what Arizuela thinks...looks like the tide is turning and they are gaining strenght per the latest financial statement IMO.
Maybe shares issued after June 30 to pay off remaining notes and finish dilution before the r/s.
How about the 9,800,623 o/s as of 8/17/12....any insight how it got there.
10-Q is out....looks like Sunvalley repurchased 821,812 shares of common stock (410,906,000 pre-split) and cancelled them in their treasury. Good??
I am assuming this is the reason for not issuing an 8-k....Legit. 10-q should be the path of releasing the latest meterial events per the excerpt below, everything they did will be an exhibit in the 10-q.
I am here to make money.
Item 2.02 Results of Operations and Financial Condition. (a) If a registrant, or any person acting on its behalf, makes any public announcement or release (including any update of an earlier announcement or release) disclosing material non-public information regarding the registrant’s results of operations or financial condition for a completed quarterly or annual fiscal period, the registrant shall disclose the date of the announcement or release, briefly identify the announcement or release and include the text of that announcement or release as an exhibit. (b) A Form 8-K is not required to be furnished to the Commission under this Item 2.02 in the case of disclosure of material non-public information that is disclosed orally, telephonically, by webcast, by broadcast, or by similar means if: (1) the information is provided as part of a presentation that is complementary to, and initially occurs within 48 hours after, a related, written announcement or release that has been furnished on Form 8-K pursuant to this Item 2.02 prior to the presentation; 7
Read further:
4. This Item 2.02 does not apply in the case of a disclosure that is made in a quarterly report filed with the Commission on Form 10Q (17 CFR 249.308a) or an annual report filed with the Commission on Form 10-K (17 CFR 249.310
I would think the 10-Q would be utilized as opposed to issuing an individual 8-K for each
Very interesting.....the big picture has a lot more clarity with the involvement of GETG. IMO the links make it seem obvious that ssol would be the target for the merger. Very exciting.
IMO exciting news seems like it is right around the corner.
SSOL showed up in a newspaper publication local to Imperial Valley 3 days ago referencing 3 upcoming projects.
http://www.mydesert.com/article/20120805/BUSINESS0302/208050306/CV-agriculture-pursues-renewable-strategies?odyssey=tab%7Ctopnews%7Ctext%7CFrontpage
What would happen to us common share holders of the "public shell" if a reverse merger did in fact happen? Any beneifit to hold?
Yea, it might be best to wait it out until the info is publicized. My instincts say rs. Either way they are adjusting share structure right before a 10-Q.
Could be needed to avoid a take over, ssol keeps majority of unissued stock to keep controlling interest. With the current low share price an unfriendly take over is at risk.
It is a gamble and you are right, don't count on support at .001. I bought in off all the contract news from late '11 & early '12 and now left holding the bag. If Q1 report shows more new notes on top of the $200,000 that still needs to be converted I will sell and wait for it to hit .0001. They are bound to show a profit in the future but not before the share price goes as low as possible........0001, assuming continued dilution. Lots of factors to watch out for. Announcing the need to no longer borrow, major contracts, gov't grants, patents could turn this thing around overnight. Keep studying the quarterly reports. The next one should be a good indicator on whether to hold or sell and wait for bottom - .0001 The pattern seems obvious though, dilute share prce to .0001 and R/S. Repeat if necessary. JMO.
JMO
The amount of shares you own will decrease with the R/S. If you own 1,000,000 shares and they do a 100:1 R/S you are left with 10,000. Your 990,000 other shares are dissolved. Price will increase from .0001 to .01 but now you have 10,000 shares. If share holders sell their postions in fear of continued dilution after the 1st R/S price will easily drop below .004. So if you bought in at .0001 you would be looking at a 60% loss if the price shot up to .01 from .0001 after a R/S and then back down to .004.
I would recommend .0001 as a good entry point if you can time it right, meaning follow the quarterly reports until you think they are on the verge on showing profit & ending dilution while stock trades at all time lows, which in my opinion will be .0001 at some point. Anyone that bought over the past year or buying now will end up with a fraction of a percent of their orignal holdings due to R/S.
It won't hit 0 but it will go down to .0001 with "no-bid" followed by a R/S, probably 100:1 putting the price back to .01. R/S split will cause mass exodus and share price will drop back down to .003-.004 leaving the company 3-4 more ticks to dilute with.
Turtoise might catch the hair in the long run (1-2 more years) but i dont see it creating any type of buying demand in between now and then. Sunvalley is one of 1000's of installers. Count on the above proceedure repeating itself a few times until they show substatnial profit. Otherwise pray for a miracle (patent, merger, major contracts..etc). JMO
So they rescinded one agreement on 9/14/10 and then entered into a new DEFA on 12/31/10 3 months later???
http://www.prnewswire.com/news-releases/sunvalley-solar-rescinds-equity-financing-agreement-102895414.html
Article wasn't about socal cities. Anyone who lives here considers Santa Cruz norcal.
Actually, Santa Cruz just happens to be located in Northern California. I hope your other posts are more credible than this.
Wierd, I guess we'll just hangout out to see what happens. Funny its only showing up on ameritrade. I have checked everywhere else and even tried calling an ameritrade rep but couldnt wait on hold since i am at work.
Is anyone else seeing a bid at .0175 ask at .018, but pps is still .0051. I am on TD Ameritrade's mobile app. Either a fluke or something is up???? My account is showing a $3,500 increase in net liquidity.
It's all about the last paragraph.
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/08/30/BU9E1KTR1M.DTL
EFS ID 7261431
http://patft.uspto.gov
Search by patent number, this seems to be it.
200K @ .019, J/V, Merger, foreign investors, etc...of course are best case scenario, but in reality I would like to see this company expand, reach is full potential and acquire a larger piece of the CA solar pie. I work for a LD firm in northern cal on the front end concentrating in client relations/business development. The competition in landing a solar contract worth mentioning is intense and there are new solar power design/ installation firms opening shop everyday. I have negotiated multiple contracts to provide civil design for 20 mw - 100mw, 100 acre+ solar farm projects throughout ca central valley and to see the progress this small business has made in its small pocket of the state in just one year has been exciting. My gut says be patient. But like all of us the lack of more frequent pr and public reviews/recommendations/references keeps me guessing. Long and good luck to other longs, solar projects are on a terror right now and at this price I look to increase my postition especially if those LOI's come to fruition in the next 60-90 days!