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Diluting the common stock is quite common.
The mortality rate for OTCBB is very high.
OTCBB mostly for novice investor. Which would you rather buy, GS at 200.00 or MOBL.OB at .04 ? the little guy, many times thinks it better to have more shares of a junk company then less share of a quality company.
Just like everything else, in general, you get what you pay for. But you can get lucky once in a while.
AAGH could make it but the odds are against it.
It's getting close to April 15, 2007. They need money. I'm sure there will many more glowing PR's with most of details ommited.
If they pump it enought, they may get he stock up. Last one out is a rotton egg.
Zig had to leave or the stock would be under a penny. He probably has a ton of stock waiting to sell.
The devil is in the details which they almost always leave out.
I'll bet they have the right to buy stock at .005 or something like that. Of course they won't tell you the details which is almost always bad (dilution).
Seven days of short interest is a fair amount: http://www-qc.nasdaq.com/asp/quotes_full.asp?mode=&kind=shortint&timeframe=&intraday=&am....
Thanks, that explanation is probably roughly what happen.
I just want to see where this ends up. Like I keep saying, I cannot beleive what these non filing shells can get away with, it's really a dark world.
"for $12 Million in cash and stock."
I'm thinking from this statement ZZ has a chunk of SCPT stock or what???.....The point is, could they've make a deal where ZZ gets stock of SCPT?? And being pink, they wouldn't have disclose it??
Wednesday, September 20, 2006 11:53ET
Motion DNA Corporation (MTDX) completed the deal that is expected to increase in the market with the acquisition of Sports Concepts, Inc. for $12 Million in cash and stock.
"This is a deal that will help the company diversify its revenue streams and capitalize on relationships of both companies," said Zig Ziegler, Founder of Motion DNA. "Sports Concepts has a history of developing quality products and generating substantial revenue in their market. This is a great move for Motion DNA and its shareholders creating a diversified business allows for more potential earnings in the company helping us reach our revenue target for 2006 with a large boost in the final quarter through anticipated product sales."
Effective immediately, Ms. Michelle Thomas will assume the role of Chief Executive Officer of the company handling all day-to-day operations of the products and services of the company.
Your much better at the details than me, that being said, what kind of interest do you think Zig has in SCPT?......he has a bunch of shares from the recent deal (of course, this is not disclosed in the pr's) that he can sell in the future???? Is there a link you can post about this?
I'm guessing it's somewhere in between the lines of this pr:
http://www.knobias.com/story.htm?eid=3.1.955640b6348e990763426119a310036626e14e4c011cd336af1d4f4f334....
Until MTDX, I didn't deal in pink sheet stocks. I find it difficult to believe what they can get away with.
I watch just to see the final end of this. If you want to invest (or trade) a low priced stock that has a real chance, choose something on the NASDAQ, like one I've been trading accumulating, as a example only (not pumping or suggesting that you buy) and it's very transparent. This particular stock is EGHT. You stand a much better chance with stuff like this.
I will say this: IF Zig is out of the picture now and this is a new company, at least now there is hope. The thing is, with so little info on what is happening, it's almost impossible to tell what is really going on. No SEC filings. And as most know they only feed you the info they want.
Pinks should only be for accredited investors, if they could even get them to buy.
If they had quarterly filing that verified their numbers, then the stock price would probably be much higher, so they could raise capital much easier and then they and wouldn't have to worry about how to pay for audits.
If you did research on how this shell was run the last two years............Why would anybody buy?????????
Do the research and see how deceptive the PR's, was, were and are. Only a blind gambler would enter here, but I see there're a lot of them in penny stocks.
Remember this is MTDN, I mean MOTD, I mean MTDX, I mean SCPT.
Got a problem that you have to keep changing your name????????
It's will be harder to pump and dump as people (even short term pink traders which is probably 98% of trades here) are getting to know these characters.
They've had a lot of practise to hone their pr skills these last few years.
Could this be naked shorted? It seems like someone wants to keep it down.
Or maybe the market thinks more stock is coming to finance things this year. Market just doesn't like more dilution.
Don't get me wrong , I like the company, just trying to look at things from all angles.
Next filing will reveal next step.
"Not ad man ZIG Ziglar but here is ZIG Ziegler Go SCPT"
I don't have them confused, one is a motivational speaker and the other is a pink sheet pumper who has lost millions in shareholder value.
Take some time and study the history of this shell, their nothing but stock promoters here. Did they give you a little stock to promote?
Around April 15, is the focal point for the scam stock promotion. We know there're nothing they want more then to get the stock up so they can sell.
You can start by reading here: http://www.investorshub.com/boards/read_msg.asp?message_id=15124662
I got a flier in the mail too. It was trading around a dollar, now it's .30. Almost all the stocks I get in the mail like this are much lower within a year.
Annual was filed 03/04/06 and posted 04/03/06 last year:
http://www.investorshub.com/boards/quotes.asp?ticker=CLBE&qm_page=35183&qm_symbol=CLBE
Do some investigation on the history of this company, a lot of links can be found on the link listed below. You'll find this is scamville USA. I guess, your average pink sheet puppy.
http://www.investorshub.com/boards/board.asp?board_id=3851
Couldn't of said it better.
They do the same things with stocks that the TV guru's did with real estate:
http://www.johntreed.com/Reedgururating.html#anchor537525
http://www.johntreed.com/bestseller.html
I think the utmost risk here.
Any idea why it's moving or just musical chairs?????
What's the advantage of holding it down for them????
Anybody buying this stock except for a short term trade, should have their head examined. I take that back, with the current spread, even with a short trade you should have your head examined.
It's no surprise their starting the promotion wheels again. They been doing this for years. Remember I posted about that April 15 date because for the last couple of years it's seems to be their focal point for their promo (sucker) show.
The bait is being cast for some new sucker fish.
Mostly all buys and MM keep dropping the price, what's up. Are they crooks???????/
They leave tiny scraps on the bid, is this normal for stock priced this low????
What does this mean????????
Most people don't invest in penny stocks, they trade them. When the volume dries up they sell and look else where.
Seems like pretty good news, I'm holding tight for hopefully a triple.
What's you guess.........about whether they'll be profitable next filing?
Was nice to see two profitale quarters this past year.
The way I see AAGH is it's .03 from a 52 week low and .38 from a 52 high.
I'm waiting for the next PR to try to figure what's going on.
Looks like more people are selling, need a solid PR.
Got good gains in PLRS.OB and LBIX today. Tommorrow is another story!
This stock could go much higher then many think. Won't happen in one day.
I'm positive here. Other poster trying to drag politics into MB.
Yes, It took me about 5 minutes of research to figure this out.
Could be a bid winner, no doubt. Watching very close.
The next filing should tell a lot.
If you can be hoping and doubting at the same time.......then that's me......here
Well, I just want to mark myself here, I'm thinking with the billion shares OS, it will be very hard for this stock to climb back UNLESS they come up with some great news.
P.S. This is just my opinion and I don't intend to get any longs mad.
How about these:
Posted by: misltek
In reply to: None
"PLRS getting message from FDA tomorrow concerning new stem cell drug approval...just got this from a friend in Israel"
http://www.investorshub.com/boards/read_msg.asp?message_id=16053147
http://www.investorshub.com/boards/read_msg.asp?message_id=16053600
http://www.investorshub.com/boards/read_msg.asp?message_id=16052667
Don't bring complex geo-political issues to a stock message board. I guarantee you that EVERYBODY will be losers.
I see in another like that you state you owned PLRS: http://www.investorshub.com/boards/read_msg.asp?message_id=17439886