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What are you talking about?
I do not see any new information in filings or PRs.
Maybe my computer is not bringing up the newest releases.
To trick peeps into buying back in for another bump that gives them another bag to hold, LOL
There you have it - A totally typical SAPX PR - They always release news with NO REAL INFORMATION to tell you about how the news might impact share structure or share price.
That PERTINENT INFORMATION is ALWAYS hidden and unavailable.
HORRIBLE close!!! So Sad %>(
Yep, that's what I was thinking.
Again with NEXT week. It has been NEXT week for a year now, LOL.
I'm looking to get in for a small starter position.
Will see where this goes.
Remember: MT is off after 1:00.
Chances are: he is OUTA here until tomorrow or maybe even until next week, now that he has sold some of his loot.
MT is NOT going to support a bid at that price point.
All he needed was to get the price up enough to sell a chunck for some reason today, and that is done - the price will now continue to settle until another trader with Volume power, (or MT himself) decides they want to extract some funds.
OR until we get some news (could be good news but just as well may be really bad news).
For what it is worth, I'm getting a strong feeling that the "Peter getting ousted" and a merger are rumor and ONLY RUMOR.
Do not expect that rumor stuff to come true after seeing MT giving up on .02 today. It took a whole lot of effort to just get the price back up to .01 so he could sell some in the .009s.
SAPX is starting to smell VERY familiar again - very fishy!
Yeah, right, ROFLMAO! You are on the right track - that .0055 is just about as likely to happen as MTs .02 will.
I actually think your odds for .055 are a bit better.
I would MUCH rather have bipolar discussions on here than have this bipolar trading that gets nowhere, LOL.
I'm full up, waiting for the .01 break - SOLID break.
What do you mean 24hrs early?
This is the wierdest trading I have ever seen. I guess this is what happens when shares get locked up?
What the heck was that? Little tornado to .01 and then wham, gone!
Well, what are they waiting for? News release?
By that time it will go back to .004, and we have to start ALL OVER again.
You are not helping me out much here, .007 is about to fall and that was a VERY nice bid support - Darn it!!
Come on! Raise those bids. I thought you peeps were going to push this up today, at least to .009.
good try, always a pleasure talkin to ya
Now that is much more funny than me, LOL
Instead it's closing at the LOD.
VERY unlikely, LOL
Dream on Peeps, I never sold!!!!
Thinking about it very strongly here though.
I just would like this share price to FOR ONCE go up for more than just two to three days and then not go all the way back down. So far so good, for not going ALL the way back down, but COME ON, the company (Peter) could at some point in time do SOMETHING, ANYthing to help the share price, even if it is just getting the hell out of the company and announcing that he has exited so the darned share price can go up and possibly stay up a while and become a less poisonous investment.
And there you have it: A lesson in how Peter Hoffman works and why sooooo many people despise him, LOL.
And why noone trusts any good thing that is mentioned that will happen to this company or its stock.
I'm feeling the same. Too much talk with absolutely ZERO action or real information for months on end, while the price is less than half of what it was when the merger talk started appearing on the boards.
And who's to say the merger will bring value to shareholders? Just do not trust this back door talk very much any more.
The CEO, Peter Hoffman, is a scumbag - He lies, steals, cheats, backs out on deals, whatever he can do to trick someone into giving him money for a business deal and then he doesn't follow through with his part. Many links have been provided with extensive numerous examples of lawsuits brought against Peter and SAPX for such reasons.
He basically does the same with SAPX stock: tells investors he is going to make something happen to bring value into the company so that they will jump in and invest, and then he dilutes the hell out of them making their investment worthless. He then splits the stock taking all remaining value away from the shareholders.
So, One of the main reasons no one wants to buy SAPX stock, and thus why it has dropped so precipitously tha past two years, is because of this scumbag CEO.
RUMOR has it that some banker has come through with some deal that has ousted the CEO and that he will no longer have control over the stock, and that there is some kind of merger on the table - those are a couple of the reasons this is seeing some share price appreciation finally, in addition to some other issues (one being that the OS count has been maxed out for the time being and Hoffman cannot dilute the hell out of for a bit).
You have to evaluate if that is good enough to make this share price go up.
I'm NOT twisting your words - just trying to make sure we have the most ACCURATE information since this is info with no supporting documentation (AKA rumor).
Even when we have supporting documentation, successful traders learn very quickly to "read between the lines" to make sure they get an accurate read on what is happening.
I thought the moron CEO was out - that the deal was DONE last week & we were just waiting for the PR telling the public.
If he still has time to wake up and sell more shares, evidently it is not such a done deal now?
He is a VERY shifty lawyer, I know.
I wouldn't put it past him to sign a deal that pushes him out of the company and him just outright backing out on the deal two weeks later after he gets the monies that are put up on the deal.
They want to keep it from going over .009.
I'm not selling any until it gets over .01, or drops below .0074
I'm really liking my .0035 add that I picked up at the EOD on the 19th - Looking Marvelous!!!!
It will gap when the news we've been waiting on hits the wires.
2 to 3 big news stories will propel this POS further & further on each release.
Whoever that is, they are certainly gonna put a stop on the move today. Why not wait for higher?
I'm not convinced. I'll have to see the wording stating that the AS is maxed at 249, because everything I saw said the 249M were being ADDED at the meeting.
I take that to mean ADDED to the 35M that were already authorized.
Makes it 284M AS.
If you want to provide a link stating specifically that the AS is maxed or limited to 249M, that would be great.
I'll have to re-read the filing, but I thought it said ADDED 249 Million to the Authorized shares. At that time they already had 35 Million shares authorized.
So, if you ADD another 249M to that 35M, you get 184M AS.
I'll re-read and check tonight.
At the last meeting they added 249 Million to the 35 Million they already had. That makes the total AS 284 Million.
Correct me if I am wrong here.
After those in the last filing (They cannot release the 25 Million until peeps exercise their warrants, so those 25M are tied up), bringing share count up to 204 Million when they can exercise warrants -- that leaves 80 Million remaining for the company to be able to still release for sale.
He has 80 Million shares left that he can dump here.
We go through that in 4 days of trading.
I suspect he will wait to sell some of those at higher prices.
What happened to all the support????
Doesn't look like it unless someone gets aggressive.
COME ON PEEPS!!! Who the hell is selling 15 Million shares worth down here?
I know some of this is shorting and MM manipulations, but I doubt much more than half of it is.
And, I really doubt that PH is diluting us down here after he just offered shares for .03 - he wants this to go up to sell those 25 nillion shares! I don't think even Peter Hoffman is that stupid.
Why in the world would you not wait for better prices? It is almost guaranteed here, come ON!!! Hold on a bit!
Evidently, it got pulled. Went quickly to .0042.
What? You were predicting .20 to .25 just a few weeks ago!!
What happened?
Did you get some education we are not aware of, to make you lower your expectations sooooo much?
Don't you still think it will be worth a Mkt Cap of at least $10 to $15 Million?
I say SAPX to .04 - .05!
Forget .007, let's take this dog to where it belongs!