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Sure is quiet after the split.............
Your 7m shares are about to become 7,000 and it will be harder to make a hefty profit. With the 7m shares if by some miracle the price had a bump to a penny you would have $70,000 -- with the split the price would have to go to $10 to get that $70,000.
Possibly but it's a definite gamble.
Most of the volume now is with the market makers and day traders -- not too many people want to load up now until things get settled.
It is going to be a 1000 - 1 negative split so if you divide 4000 by 1000 what do you get.
So 4,000 of your old shares become 4 shares of the new.
0.0042
I too hope things work out as proposed -- stand a better chance of getting some of my money back. I still will be in the red for years but at least have a chance of recouping some of my investment if things work out.
Close and I've bought quite a bit to get there -- I would have to put in another 8k to get close to your average and I don't think I'll do that.
That makes three of us. A fair amount of my holding was bought back when the price was significantly higher so I'm almost 90% in the red. My $ amount is over three times more than yours so I'm really hoping for a miracle.
The June 30th quarter is the one posted above the messages in August which is the third quarter. The stock first quarter starts at the end of September when the year ends. The yearly has 90 days to be posted so we will see that in late December or early January if it is delayed as usual. The first quarter will be posted in February.
I don't see any benefit to a reverse split but the increased sales is what is needed -- without it we're going nowhere.
They might make it to a penny with this number of shares if they could put a couple of multi million quarters together. It's not going anywhere with the sales at this level.
You are lucky -- my average is 0.027
I'm in the same boat and down about 98% -- I'd have to buy over 20M shares to average down to a break even point and I'm not putting any more money in it. If I ever get close to a break even I'm out of here regardless of what happens later. The only way it will ever even get to a penny under the present plan is if they have several M+ months of sales. If they still have the patent on the manufacturing equipment and someone is interested in purchasing that it might be our savior. I've been in since the pv office glass and I have suffered all the disappointments along the way.
The annual report has 90 days to be posted and the quarterly has 45 days so the annual should be posted by the end of the month and the next quarterly by mid February.
I don't know what your game is and I realize you have free speech. When you use that free speech to try and manipulate a stock price the SEC might want to see if you are exceeding your right.
I'll love it when it hold above 020.
Do you think the price would be 0.001-2 if there was five million in sales every month?
No I'm not selling - I need a decimal point move to the right to break even.
With the number of shares outstanding there will have to be monthly sales in the millions to justify any real movement.
I did a review and I was off a little bit.
My first buy was in 2006, April, at $1.88.
Bought twice in May at $1.91 and $1,69.
Been nothing but downhill since then so I hope this canopy deal will finally produce some results.
The quarterly in a couple of weeks should be interesting.
I know what you mean. I have been around since the window deal and paid as much as $1.82 a share -- had to get in the seven figure range to average down where I might get my money back some day. I'm afraid we'll have to see several million in revenue before that happen though.
It would have to be 0.04 to be alright with me.
They usually don't publish until late January or early Feb.
Someone definitely wants to keep the price down -- a lot of the time when there is a buy at the ask someone will dump 200 shares at the bid.
I hope we are on the rise but there seems to be an effort to keep it low -- every time there is a bump someone dumps some at well below the bump. I've been tempted to try a few more shares but to average down any more I'd have to buy over 500k so I think I'll stick with what I have.
With all the volume either a lot of people are selling cheap or we are increasing the shares outstanding by quite a bit. Neither is positive.
I've been in since 2005, paying as much as 1.82 and have given up hope of making a killing but with this carport deal I am hopeful of getting my money back with a break even of a little under 0.03.
Wish they were better but the 2nd quarter holds more promise.
Not sure about that but the 1st quarter results are out and it's not impressive.
Talk about optimism -- I've been flogging this stubborn mule for 10 years,down 80% and still optimistic I'll get my money back.
I agree negative splits usually aren't a good thing but I think here it would help sales. It is a lot better to go to a potential customer and say we are listed on the NASDAQ at five dollars a share than go in and say we are a startup trading OTC at half a cent a share. A prudent customer is going to say it looks you are on shaky ground, how do I know you are going to be around to take care of me. XSNX needs to generate 3-4 million a month to get things moving and I'm skeptical that is going to happen any time soon. I'm holding in any case and keeping my fingers crossed.
We need a 1000 > 1 negative split to reduce the outstanding shares and get the price up so it can get back on the NASDAQ.
My bad -- wrong link
The report has been out for a while -- if you look about two inches above your post you will see a link.