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this action must be more than just the latest PR. Something is up? What????
okay now, lets see if we can hold above a penny this time. even with our moderator in jail.
also not happy to see the spread between bid and ask.
I don't think those restricted shares are making a difference here. It is the convertible debt that could cause big problems in the wrong hands, and also the idea that a company is so desperate to go that financing route.
that would be nice but what will make it happen? they have been borrowing with convertibles, and no update or explanation. It will take some big news to turn around the downward trend. Do you expect some???
When did the A/S rise to 2 billion? I am pretty sure it wasn't that high last month (when I bought at the top stupidly!!!)
never mind, I just looked at it and I see why we are about to sub penny. I'm punked again....
Has anyone read the 10 Q?
they make it so complicated, like all govt. forms - by the time you figure out what it means the company has been robbed blind. So did the coo buy the shares or has this company started giving out shares to insiders. I thought this was a legit. transparent company???????
how will that make us rich?
why should we be bought out for 4 cents? I won't break even at that price. How are you going to be rich?
how can you blame "MM's" for a price drop? Do you give them credit when the price goes up? Why wouldn't they want to run the price up anyway if they had control? IT IS SOME ENTITY SELLING THAT TANKS THE PRICE!!!! It's that simple. Who do you think is selling? Retail holders on this board? NO.
I am shocked at this PR and the reaction here. I just don't understand, especially ezyy, to be behind Brian when I thought the feeling was that Brian screwed over Mac, and that Mac was the trustworthy one. Too late for me, as I bailed out in total desperation over the filing of legal action freezing the funds and the amount of money left when it was supposed to be 1.5 million. Could anyone fill me in on what you have found out to change teams??????
why are they on clearance for 60%off? New model coming out or they didn't sell that well?
I am not happy like you guys are about the low pps! I don't want to see what you call cheapies - I want to see this company increase in value EVERY DAY!
that is weird b/c I got filled immediately at .022.
I am sick of averaging down, esp. when I buy at ask and the price stays at bid. And the buy at ask executes immediately. SOMEONE is very anxious to sell. Not good.
OP, and any other shareholders: WalMart has such small margins that it isn't necessarily a good deal to get in there. Also it degrades the appeal for sports stores. Do you realize that some products LOSE money at Walmart???? I developed sports equipment for an investor, but the challenge is having enough cash to produce the product, market it and sell it at a profit. Doesn't matter how cool the product is - it has to sell for a profit! Fortunately the shareholders here are not running the company - you guys know NOTHING. Just hope management does know what they are doing. Today is not that promising.
someone posted that the aquisition was all stock. I think the company is hurting for cash.
it doesn't say they have financing for anything.
bid dropped to 21. wow, did I ever buy too high too soon. This hurts.
how did we get to the top of the active list tonight? Did something come out???
we can't leave the 2s with a bid of 24. What's with the bid holding back????
I think that happens because the company can only sell at the bid.
this is not the happy part of the WAVE. at least hope it bounces off the 50-day.
the volume is so low and the spread is huge. Makes it unattractive to new buyers. It will take a big news release to generate the momo.
OUCH - guys this is painful. No volume and the price is hitting the bottom of the "channel" - is it even in a channel???? And the bid drops to 24....
golfed with my dad, but not since he died...I do some consulting on sports equipment design. I know how costly it is to develop and market equipment. okay if they raise money for the company by selling shares - the 900,000 at average .03 raised 27,000. Let's see them put it to good use.
you should be serious about your investment and find out what is happening to the float.
I didn't slip it in. That is exactly the important point to find out. No need to be defensive if you believe in the company.
don't fall for the MM's short story like the scam stocks do. Check the float to see if it is rising. I don't mind the company raising necessary funds by selling stock as long as their bus. plan is good.
were you trying to buy at 1?
I hope so but ezyy sounds like he talked to Mack and and it didn't seem to be going that way. I am sure Mack was counting on SYNJ money to do his bus. plan. Is enough left to make anything happen? Can Brian sell more shares and take that money too? The A/S is raised so there is more to sell.
Maybe the frozen funds are protected from Brian?
brian has probably taken our money for personal use, but what about Katzburg? is he legit? Is he working with MACK to make a business? He set up the MADRID LOAN but now the 1.5 mil.is gone so no loan. Can they use the remaining funds to get something going is Brian is kicked out? Or does Brian have the right to the money that is left ( the 500000).
there is not enough volume for most of us to sell even at .0001. You think that Mac is out for sure? I hoped he got those billion restricted shares to give him the incentive to make the company a success.
Ezyy, sorry to hear bad news - guess I don't need to hear the details although I am curious. We all must have suspedted that Brian took the money from selling all those shares and got his house out of forclosure. We just wished that enough of it was going to the business and i counted on Mac to make it happen. If Mac is out then the "fox" is guarding the hen house of our money. Too bad... BTW, could you give us the details of what you found out? I just want to know.
Speaking of "DD" , I saw the convertible debt filing, just thoght they would let it run more before dumping their free shares. Where do you think the selling is coming from that tanked the share price today???
not with the bid dropping like it is. Something not right...
Well Ali, someone is selling out. Look at the bid and ask at Etrade and it shows half a million on each....You better check your sources about all the so-called good news coming out.