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Thank You for the link.
I am going to go over this later.
I think it was about 20 while I was on CC.
Down .0001 and everybody seems to think the sky is falling???
It's bounded to here before and recovered.
Thanks for the post on earthlink. Its more than I was able to pull up.Enjoy the weekend.
Thanks for the post no earthlink. Its more than I was able to pull up.Enjoy the weekend.
Sorry about the typo, also nice to see Admiral again.
Lets keep calm about this, it's groped to here before and recovered, also the earth link may start revenue soon. JMO
Actually not a significant dip in price or total shares. It looks like support has stayed pretty well to me at least.
Ruffly 20,000.00 sounds like bills and wages to me.
I have briefly spoken to John recently. Although nothing specific was said I am still confidant in this and have added more on the dips.GLTA
I have already received mine.
I have to wonder what happened to the cloud computing,silver mines,battery/power management and all the other happenings?
I hope this flies otherwise were all bag holders here.
Only time will tell.
Well it looks like the R/S has worked wonders "for the shorts" at least. Hopefully over the next year it will pick up.
No not alone,I'm in at 0.0009 av so its a waiting game.
I also have a small position in this and also think that it will go at some time in the future.GLTA
Been in for a little while and have averaged down to about 0.007 after getting in on lats run and holding.
Expecting 0.01 at least in the future.
Since it works for you fine how about I purchase some form you to round out? Say at 0.55 for a small batch?
Without digging I think that 2013 was target for conversion.
Wildly incorrect?
No, I don't think so, rights to 200 per option @140.00 per. Or am I incorrect in this?
Offer closed about 04/27/12 trading in mid to uper 70's if I recall correctly at that time.
Options were only offered to holders of record before 04/14/12 or sometime around that date give or take a few weeks.
As incentive offer was under then market price.
Share structure would by necessity change by addition of more shares of common stock 80 mil at 0.70 ea.
Keeping in same perspective of a discount of around 0.07 puts pps at 0.55 or so.
Knowing that more shares were issued then to raise equity and knowing that millions more would be added in future a drop in pps was to be expected.
But a reduction before allotment was not indicated in published perspicuous.
My apology's if it sounded personal.
As I see it dht is still a good investment.
The offering was used by my self at least as averaging down vehicle. I am in at under 1.00 after exercising rights and have explications of long term significant gains.
But delivery of voting information delivered on or after deadline and crunching numbers that is how I interpreted actions of management.
If you would please educate me.
Taking one option as an example.
280.00=200 common and one preferred.
0.70 per each
shortly after offering raise in pps to over 0.70 per ea.
Currently pps 0.60to 0.63 or so.
As I interpreted proposed R/S the pps of proceeding three days would be used to cash out created partial shares.
Yes I could purchase or sell to make the math come out evenly but the offering is in even lots.
Why would the R/s not reflect that if not to pad the offering?
Make sense?
At one point I tried to sell preferred and at that time
I could not.
Now pps is down and they I believe they can be traded but at a loss.
If I sold you something and before delivery purchased it back from you for less how does that work for you?
I have sent an email to christian and am awaiting a reply myself.
Still holding long but would like some good news,in to deep to pull out now anyway.
My point is backstopped offering
258,929 shares preferred 200/12=192
8x258,929=2,071,432
2,071,432x0.07=145,000
if each one owned individually
each divided by 12
8 shares "cashed out" at average of three previous days trading say 0.63 is 0.07
the deference is 145,000
Or is my math again "faulty"?
I don't know if its Monk like but the forced purchase or buy back of the odd number of shares at less than offering while only penny's per preferred amounts to a sizable sum on the whole.
I guess the point that really sticks me is the partial share loss. Each preferred share at 200 regular shares at a 12 to 1 leaves a remainder of 0.6 or 8 shares to be payed at the average of the previous 3 days.
In my opinion that is just plain wrong.If they want/need to reduce shares outstanding it needs to be evenly divisible into the preferred shares. Or at least at the 0.70 price payed.
Thank you gmen for the link. I have called the 800 # in it and recorded a NO to everything as I feel that the 12 to R/S as proposed is more than a little under handed. Especially on the preferred shares that I at least cant move and then to have them taken back before delivery/issue at a discount really rankles me.
Has anyone else been nu able to vote by internet besides myself ?
Thank you for the information.
Does anyone know the reason for sticker change?
Yes, kind of a dismantlement so far but I think there is a good possibility of it coming back.
Could certainly use some good news.
It's still down 80% and hovering.
What did I miss???
Does any one have contact information for KING that does not directly link to minmar? email, phone, anything...
Sorry about last post, split screen and missed which one I was on. NOUV has a product and possibilities in my opinion at least.
Am also holding long and averaged down to 0.024 and think it will comeback at least to there.
Pinks are more of a gamble than other stocks as a rule.
Do your homework and research and look to similar stock as a general guide.
Penny's are at least for me after homework about a 20 to 25% hit.
Meaning with my luck only 1/4 make money the rest break even or loose.
I am also long in BFLX and have averaged down to 0.05.
Hoping for a return to 0.2s'and still think it's possible but may take quite some time.
Good luck.
Anyone else still holding long besides my self?
Pretty quiet here.
Doing more digging I found this may have been Deer Bay as of early 2011.
Does anyone know for sure?
Grey bridge? Anyone?
When I bought it was an energy and ethanol company or at least that's what I understood at the time.
Looks like the only way out is up from here.
At least for me its too far down to bail and can only hope.
Hopefully there is an upside in the near future.
Sales or distribution or something.