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Looks like someone dumped GETA to buy CTIC.
Hmmm I'm not certain how that works I don't short stocks so it's a grey area for me.
If there was the slightest buying pressure we would overtake CTIC it's dead until the spring. IMO
Pretty much.
You'll see this appear in their filings...EFFECT Documents Acc-no: 9999999995-07-001626 (33 Act)
It has to get approval to go effective it hasn't happened yet.
Smitty it can't be A you seem to not understand that one. Not ONE share of debt conversion has his the market to date. They MIGHT have sold short but I haven't seen the declared short position to confirm or deny maybe someone can pull one up.
My Spidey senses are tingling but I'm not certain yet what they're trying to tell me.
I have to admit the last two days it has been trading as if someone put the stop on the activity for some reason. Let's hope for a good one.
Are we in a quiet period?
or take it lower to encourage selling.
Yup only that commentary last week saved this from breaking down it better get some help from somewhere.
I think support will be tested today.
Get the paddles out I'm not sure if this thing has a pulse left...WOW!
Very good find friend this speaks very loud to the mindset of the people in charge. Thank you
...you putting your name in the hat?
LOL OK I see you're just assuming thus venting. NP have fun with it.:)
Smitty I don't understand what you mean when you say "when the noteholders pull back"? Are you of the opinion that the note holders are converting their notes to shares and selling them into the market?
True.
No volume thus minimal interest. I say he takes it lower to find action.
I thinka she gonna GETA spankeda. :)
Bernie it's all an illusion. They had a top up provision in the roll back. Some shares had a "deemed" value of $.10 for tax purposes. They were "ALL" Non open market transactions. The only open market transaction was the so called "i need tax money" sale into the open market. Be well Sir.
Free
Weak close. Without news we'll be back into the .70's early next week. The roller coaster ride continues.
Nice read.
Bingo you're right on. They have no down side theyt short the stock goes down they buy back and cover, they short it goes up they exercise their calls they cover.
FYI BNYMellon Shareowner Services can't/won't tell you what the current issued amount is. They have a call center in Manilla. LOL
Amen Smitty that's what I've been saying and hoping has occured.
My heads spinning. LOL I don't understand how ANY of the financing shares can be presold into the open market without registration. The only way I know is via a legal declared short position.
LOL the bottom like let's hope the bug juice works and people benefit from it.
It's right on page 1 no arguement..."This prospectus relates to the resale by the selling stockholders identified in this prospectus of up to 160,552,501 shares of common stock," I've read and been involved in dozens of reistration statements what am I missing?
Either mainly air shares (MM to MM) or presales of the S1 going effective. As I mentioned to you earlier I hope the holders have been preselling (legally short)and the market has already absorbed a great deal of the proposed issuance. IMO
Hi Vawedo what I posted was the consolidated version of page 22. Please count the total of column two. My last post was a typo it should read 160M.
Sorry friend I don't understand. NO shares that are issued from treasury can be sold into the market before they are registered or the tacking period expires.
From the filing this is what they're registering on the S1...Title of Each Class of Securities
to Be Registered Amount to be
Registered (1) Proposed Maximum
Offering Price Per
Security Proposed Maximum
Aggregate Offering
Price Amount of
Registration Fee
Shares of Common Stock (par value $0.001 per share) 38,990,000 (2) $ 0.77 $ 30,022,300.00 (3) $ 1,675.00
Shares of Common Stock (par value $0.001 per share) underlying the July 2009 Notes 70,010,000 (4) $ 0.77 $ 53,907,700.00 (3) $ 3,008.00
Shares of Common Stock underlying the July 2009 Warrants 23,502,500 (5) $ 1.00 $ 23,502,500.00 (6) $ 1,312.00
Shares of Common Stock (par value $0.001 per share) underlying the September 2009 Notes 21,000,001 (7) $ 0.77 $ 16,170,000.77 (3) $ 903.00
Shares of Common Stock underlying the September 2009 Warrants 7,050,000 (5) $ 1.00 $ 7,050,000.00 (6) $ 394.00
TOTAL
Smitty I'm watching like a hawk to see the S1 go effective. That day will tell the future for this stock with or without Agenda. 150M FT shares priced so cheaply is deadly. IMO
AUTO and ARCA mating or what?
LOL we need support to build and break through $1.05 then it's a pawwwtttyyy!
Yup there's downward pressure will it hold or break .95?
I see you meant to say you had an offer at a sawbuck. :)