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Can either of you provide the link to the FDA approval listing? I'm unable to find it under the PC8B name.
Thanks.
https://www.fda.gov/MedicalDevices/ProductsandMedicalProcedures/DeviceApprovalsandClearances/Recently-ApprovedDevices/default.htm
It's quiet in here.
Apparently ignoring a stock is a good investing technique for me.
These folks are resorting to very bad business practices. I can only assume it's a sign of desperation.
I got two e-mails from Parents.com in quick succession at a 20 year old e-mail address I have. The first e-mail welcomed me to Parents.com (which I've never heard of let alone visited), and then the second confirmed an $0.00 order for Amercan Baby Magazine (again which I've never heard). I am not even a parent, so it's not like they got my info from some other parenting website.
I found other people are reporting the same problem and have received the magazine.
http://www.scaminformer.com/scam-report/parents-com-unwanted-subscription-c76479.html
Obviously they have purchased e-mail addresses from somewhere complete with USPS mailing addresses and are slamming people onto the American Baby subscription list for advertising purposes.
This crap really pisses me off. If I get this magazine in the mail, I may go on a rampage and contact all advertisers so they know where the subscribership numbers are coming from.
I spent some time looking at more FDA information. The use of the expert advisory panel to help with the decision is optional for the FDA.
"FDA may refer the PMA to an outside panel of experts (advisory committee). In general, all PMAs for the first-of-a-kind device are taken before the appropriate advisory panel for review and recommendation."
There's no question of that. You can find information on the web that ties Joe Roetheli to MSJJ.
That shares O/S you're quoting is from before this offering below.
Shares Outstanding 25,968,741 a/o Dec 31, 2007
Based on what I knew at the time, prior to this offering in Nov. 2008, there were 28 million shares O/S. My understanding was that this deal was .10/share meaning another 21.5 million shares were issued. That brings the shares O/S closer to 49.5 million back in 2008. I don't know what's transpired since then.
Axium Technologies, Inc. Closes Equity Investment With MSJJ Holdings, LP.
Monday November 3, 8:00 am ET
IRWINDALE, CA--(MARKET WIRE)--Nov 3, 2008 -- Axium Technologies, Inc. (Other OTC:AXGI.PK - News) is pleased to announce that it has completed an investment transaction with MSJJ Holdings LP, an investment company based in Kansas City on October 30th, 2008.
MSJJ invested $2.15 million in equity and has committed up to another $2.5 million, if necessary, which would be structured as royalty on revenue to avoid additional equity dilution. MSJJ was already the Company's largest investor and by closing this transaction, MSJJ gains controlling interest in Axium Technologies. MSJJ has successfully built a number of companies and has investments in the computer gaming, video production, wellness, leisure, restaurant, manufacturing, distribution and land development industries. As a result of this transaction, changes are anticipated in the board of directors; however, there are no major changes expected in the management or development teams.
Does anyone know the following information?
- Shares Outstanding, last I knew it was 49.5 million in Nov. 2008
- Float, last I knew it was 5 million
- headcount, last I knew it was 34 as of Feb. 2007
Is Won Soo Chung still with the company in any capacity?
Does anyone know when they intend to start reporting again, and hopefully get back on the OTC BB?
Well, not really, it's just the way the FDA works. It's essentially the individual advisory panels that give the thumbs up or thumbs down on a drug or device.
The ob/gyn panel was scheduled to meet back in mid-December, and we were hoping the LightTouch would make into that meeting. Instead, the meeting was cancelled. We then hoped we see another meeting scheduled early in 2011, but when the list was updated, nothing showed until May. I haven't lost hope that another earlier meeting will be scheduled, but if you look at who's on the panel, you can imagine what trying coordinate schedules must be like.
FDA Advisory Panel Votes To Allow Lap Band Surgery to the Less Obese
http://planetgreen.discovery.com/food-health/fda-advisory-panel-votes-to-allow-lap-band-surgery-to-the-less-obese.html
F.D.A. Panel Is Split on Electroshock Risks
http://www.nytimes.com/2011/01/29/health/29shock.html
http://www.fda.gov/AdvisoryCommittees/default.htm
About Advisory Committees
The Food and Drug Administration, to assist in its mission to protect and promote the public health, uses 49 committees and panels to obtain independent expert advice on scientific, technical, and policy matters.
The next scheduled meeting of the FDA ob/gyn advisory panel isn't until mid-May. Unless they move it up, it will be until after that time when we hear from the FDA.
http://www.fda.gov/AdvisoryCommittees/Calendar/ucm153468.htm
Just checking in on this nice day for GTHP. There's speculation that the spike today is a result of delayed reaction buying to the presentation at the Sidoti Conference, but who knows. There were certainly some big buys that came in.
I'm more active on the SI GTHP thread, but will try to check in here more often.
http://siliconinvestor.advfn.com/subject.aspx?subjectid=17858
Wouldn't smart investors want to know if the product works before buying the stock? Testimonials, advertisements and company claims mean nothing.
I'm watching the forums to see what real end-users have to say. A few people on these forums have ordered it and are supposed to report back.
http://www.google.com/search?q=monster+diesel+additive&ie=utf-8&oe=utf-8&aq=t&client=firefox&rlz=1R1GGGL_en___US334
Thanks much ninja and maddogs for the replies. I'll do more reading.
Please pardon my ignorance, but can anyone give me the Cliff Notes version of what's going on with this company? I bought some shares years ago when the stock was under a nickel, and still have some of that original position lying around gathering mold. I found info on a lawsuit against Allison online, but that's about it. Thanks.
Don't know. Haven't followed it in a long time.
A company like this should never do a RS unless they have stellar news coming out to prop the stock up. The fundamentals aren't there to support an RS.
Still holding all my shares from the BB days, Manny. I'm only a couple of months away from LTCG.
Correction. Remote Surveillance is NOT named in the supboena explicitly. They're just one of the companies caught up in it like PECB.
It looks like Tbeck's involvement with PECB dated back to 2005. These Wall Street News Alerts always give the pumped stock first, and then three bigger stocks. Note the disclaimer at the end...
http://findarticles.com/p/articles/mi_pwwi/is_200512/ai_n15917382/pg_1
Wall Street News Alert: Emerging Public Company Announces Another Month of Record Operational Results! December 9, 2005
Market Wire, December, 2005
Wall Street News Alert's "stocks to watch" this morning are: Pet Ecology Brands, Inc. (OTC: PECB), iShares Russell 2000 Index (AMEX: IWM), Time Warner Inc. (NYSE: TWX) and Amazon.com (NASDAQ: AMZN).
Pet Ecology Brands, Inc. (OTC: PECB) could be one of the targets of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that it has achieved another record month of operations.
...
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated Eleven Thousand Dollars for past coverage and Fifteen Thousand Dollars for current coverage of Pet Ecology Brands, Inc. (OTC: PECB), by a third party (Tbeck Capital Inc.), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release.
***************
Remote Surveillance is the company actually named in the supboena, and you can see the same kind of pump was done with them:
http://www.mirror99.com/20070209/wall_street_news_alert_breaking_news_alert_rsur_february_7__gdcg.jspx
Wall Street News Alert: Breaking News Alert -- RSUR! February 7, 2007
9 February 2007
Wall Street News Alert's "stocks to watch" this morning are: Remote Surveillance Technologies, Inc. (PINKSHEETS: RSUR), Raytheon Company (NYSE: RTN), Google Inc. (NASDAQ: GOOG) and PMI Group, Inc. (NYSE: PMI).
....
This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been compensated Twelve Thousand Dollars for coverage of Remote Surveillance Technologies, Inc. (PINKSHEETS: RSUR), by a third party (TBeck Capital, Inc.), who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services.
More details...
Ron Williams was arrested last December as part of a penny stock manipulation scheme. Tbeck Capital was his company, but it's not mentioned in this article.
http://www.nytimes.com/2007/12/08/business/08hedge.html
Apparently any company that had dealings with him (including Pet Ecology and AXGI) had to fork over all documentation relating to their dealings with him. AXGI was the first company they investigated with regard to Williams' shenanigans which is why their name was on the cover letter sent out to all companies. They were not named on the supboena itself. The company doesn't feel they were involved with any wrongdoing and felt victimized themselves as Williams did not deliver per their contract.
Tbeck Capital and Ron Williams is the outfit in trouble.
http://siliconinvestor.advfn.com/readmsg.aspx?msgid=22513808
I don't know anything about the investigation, but Axium and Pet Ecology are both involved with Wall Street Resources. I see the common contact info on their PRs.
Gerald Kieft
Ryan Audin
Wall Street Resources, Inc.
http://www.wallstreetresources.net/
Greetings from the founder of the Silicon Investor DGLY fan club. We have a small, but I think growing, contingent.
http://siliconinvestor.advfn.com/subject.aspx?subjectid=57147
No such luck here. And I really don't understand that because I assume I'm on their customer list as I own a wedge already. It's not like I'm not a serious potential buyer.
Have never heard back from the company after putting in a driver request on their website.
Vijay is +6 in the tournament and the projected cut is +5. He was +5 yesterday and +1 today. I can't remember the last time he missed a cut. :(
I put my request in yesterday. Will report back when I hear.
Well, I guess I'll have to find out.
So how much do the drivers cost? Anyone know? I went to the website, but don't want to give them my contact information without even knowing the price we're looking at. That kind of stinks.
You're welcome, MK. I'll post if I hear more.
It's definitely high risk boli, but I'm hoping some patience will pay off. You just never know, though. If they would just release the financials, I think that would do wonders.
The last time I had an exchange with them, financials were imminent...again. We're past imminent...again.
It's alive...for no apparent reason.
Last Trade: 0.179
Trade Time: 2:53PM ET
Change: 0.029 (19.33%)
Prev Close: 0.15
Open: 0.16
Bid: 0.101 x 5000
Ask: 0.179 x 5000
Day's Range: 0.15 - 0.179
52wk Range: 0.07 - 0.36
Volume: 68,000
I'm one of those people that purchased under a nickel, and I'm also someone who worked at a small start-up and forewent a bigger salary at a bigger company for stock options at the start-up. I executed and sold the options whenever the price warranted it. It's just simply stupid to have both your paycheck and a significant portion of your net worth/investments tied up in a single company. The employees deserve to get their money out and diversify IMO.
A correction to that article with regard to Ron Genova...
"Today, he is on Third-Order's Board of Advisors and acting as interim CEO."
From the 10SB file on 4/13/2007, Ron Genova is no longer "interim CEO." Harold (Hal) Bennett is now CEO.
"From September 2005 to February 2007, we engaged the services of Mr. Ronald Genova as our Interim Chief Executive Officer. Mr. Genova is the former Vice-President of JDS Uniphase's Telecom Optical Modules division and has nearly 30 years in
optoelectronics and semiconductor industries. In March 2007 we engaged Mr. Harold R. Bennett, a corporate restructuring advisor, to join our board of directors in anticipation of an internal restructuring of our entire corporate management team that will be required to successfully incorporate our technology into functional commercial products. We subsequently named him as our chief executive officer."
http://biz.yahoo.com/pz/070412/117235.html
Hey! I still own this. : )
From IR:
They're within a week of getting the financials released. Apparently the aforementioned acquisition is not definite. They'll know for sure in the June 6th/7th timeframe.
Yes, it was. IR had told investors financials would be posted two weeks ago. Now they're saying they're delayed because of acquisition-related effects on the financials. Investors are losing patience no doubt.
The horrible downward spiral since December isn't surprising given the reverse merger that took place. The trick in making money on these plays (assuming you believe in the company) is figuring out when it's bottomed. AXGI hasn't helped itself by delaying the financials.
Check the chart for NSHV on the pinks. That's another one that's recently done a reverse merger to go public.
Cat,
I don't have a premium membership so I can't reply to PMs, but thanks for the info.
I saw this same downward spiral take place with AXGI after its reverse merger late last year. It was ugly. Shell shareholders dumped shares in massive quantities driving the price from over $2 a share to its current .30. By all appearances it's a solid company and will recover, but it was big learning experience regarding reverse mergers.
When I first caught wind of NSHV, I watched to see if the same thing would happen, and apparently it did. I don't know a lot about the company as once I saw a reverse merger was involved I steered clear, but will take another look.