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Thanks for the response. I'm still learning this game.
While looking at a trading graph of axmp, I just noticed the share count has jumped to 10.4 billion from I think from memory around 880 million. That can't be a good thing.
I don't know what is happening with the company. I would feel better if Linda Forster was not listed as the CEO, as she is part of the group that was doing whatever got the company listed on the greys board. I've already mentally written off the money I have bought in with as probably a total loss. Since I don't need the write-off this year for taxes I will keep this stock until I do need it, but I am not going to give it away for a few pennies for two reasons. 1. I might be wrong and this company may be real and may be worth something some day, 2 If I am right I feel it would be morally wrong to sell to someone who will end up losing their money. I am not cut out to be a penny stock trader as I know that pump and dump is the name of the game. In the real world I've made a lot of money selling properties, but I've never sold garbage to someone, and I am not going to start now. I will either sell this someday when I am sure it is a real company with a future, or I will take the write off when it no longer is traded or listed. Good luck to all who still own this piece of garbage.
Yes I'm always here. I've owned this stock for over ten years. I started buying it at ten dollars a share and I am still waiting for it to recover. I"d sell it, but than I might forget the pain penny stocks can dish out, and I might be tempted to get in another one. I own 200,000 shares of this I REALLY do feel the pain. LOL
Anyone know why this stock is being bought. Do you think the company is buying up shares on the cheap, before good news comes out? I find it interesting what seems to be happening as a ten year holder of 200,000 shares of this company. I started buying shares at $10 and bought all the way down to less than a penny. There were many years of this stock being completely dead, so this rebirth for the third time is surprising.
Thanks for the reply, you put my concerns to rest. I don't know why I couldn't pull up that information.
I spent several hours on the computer trying to find information about . Emmanuel Neossi and nothing came up. Here is a video talking about the ten richest men of Cameroon, and none of them make billionaire status. Neossi isn't listed. I don't know if that means anything, but he seems to be a well kept secret. Here is a u tube video listing the ten richest men in Cameroon
Joe Arcaro makes a living by taking over shells of bankrupt companies, cleaning them up and selling the shell to a private company that wants to go public. He sold axmp and nugs, we just don't know who bought the axmp shell. T just hope it is a company that has a real business plan and deep pockets like nugs has.
I'm wondering why no one is mentioning one of Joe Arcaro’s previous works, nugs, it went from nothing to a high of $7.00 and is still at $2.62 three months later. I hope the company buying axmp is a real company with money and a product like nugs.
I just noticed that the outstanding shares for axmp went from 156 million to 408 million sometime in the last week. That can't be good, can it ???
I visited AXMP's office in Las Vegas, the address was a suite behind a keypad lock with about twenty names of different businesses listed on the double wooden doors. I did not see AXMP or Joe Arcaro in the list. I called the number listed for the company-702-932-7980- by the State of Nevada and a lady answered; I told her I was a twelve year holder of AXMP stock and would like to find out what was happening with the company. She took my contact information and told me she would give it to Joe as he was not in at the time. I asked for a phone call or an email and was sent an email from Joe about ten minutes later. This is the email - Lee,
I have spent a lot of money trying to save AXM from getting delisted.
I am working very hard to give us shareholders a bright and happy future.
Thanks,
Joe - You be the judge of what it means.
Here is my story. I started buying axmp in 2005 when it was not a penny stock and was $10.00 a share. The company was owned by a Madam Wu, or something like that and amp was building a state of the art factory that was being inspected and certified by the USA so they would be able to make medicine for the American market. I even went to their American headquarters located in Las Vegas and met the CEO for the American operations who gave me a bottle of the Sunkist gummy vitamins they were going to import to China and make a fortune with. Several years later he did something-that broke the company- and the stock collapsed and Madam Wu pulled out of the American market. For years you could go on the internet and follow the company in China. So I kept the shares I had bought and added to them as the stocked collapsed, figuring that Madam Wu may want to sell the factory I was a part owner of and maybe I would get a little money back. So here I am with 160,000 shares I been holding for fourteen years waiting for something to happen. I sure hope this is the real deal.
I started buying this company when their s/p was $10 and have watched them sink into deep debt to the point that there was a good chance that they would cease to exist. While I feel that they shouldn't have given Apple exclusive rights to their product for all electronic devices, Apple had them by the throat and knew it and got a very good deal. I wouldn't be surprised if the day comes when Apple sells the rights to use liqiud metal to other computer and cell phone companies and makes a killing on the deals. But it's a big world market for a product like liquid metal, and the companies biggest problem has been developing methodes to make things out of liquid metal cheap enough. When Apple proves and developes the advanced methodes to produce liquid metal products cheaper, Liquid Metal, the company, has a good chance of picking up customers in areas like the military, space uses, and in medical devices. This deal gave them a lifeline so that they can survive as a company and maybe hit it big in another sector of the market. Also they have a company with very deep pockets working on bringing this product to mass production for a reasonable price, Apple. I've got around 28,000 shares of liquid metal at a cost of over $35,000 dollars and have been holding this stock, slowly adding to my position as the s/p went down, and watching it go nowhere but lower for over ten years. I first read about the company in Discover magazine when they did a story on the company and their world changing product and bought it hook, line, and sinker. Liquid Metal has had a rough decade since that story was published sinking ever deeper into debt as they kept trying and failing at developing a cost effective methode of making liquid metal products; now they have been reborn. The question is will they be able to now grow into a money making company. If Apple can get all the bugs out of the molding process and make it cheaper to make things with liquid metal and Liquid Metal, the company, can use the methodes developed by Apple to make products for other comanies, Liquid Metal could have a very bright future.
I have 39 million shares and would like to get in on any law suit or legal action, also.
I will throw my 39,000,000 shares into the pot also to help get us to the magic number.
I've always enjoyed reading your posts and am sure you will do a good job. I would also add that almost any other stock on I-hub would probably have a happier readership. You definitely will have your hands full keeping everyone civil. I'm still holding 39 million shares of this POS and would sure like to see Kano pull a rabbit or something out of his hat. The main reason I haven't dumped IPKL for the tax write off is, as long as it remains in my account, the pain of looking at it keeps me from investing any more good money in a penny stock.
The hole I was refering to was the fact that when Madame Wang took the company back AXMP had no money and was deep in debt. There was some real doubt about whether AXMP would survive or be sold off to pay creditors.
Thanks for the update on the share count. I was going on years old information and probably should not have given a number I hadn't recently checked. 58 million shares is still low for a pink stock, but I would have prefered it was still at 20 million. AXMP still has a very big hole to dig itself out of, but it gives me a little hope to see that they are still digging. Glad to see that you are still around. I always enjoy and find your posts very informative.
I'm still around and am holding around 160,000 shares. I started buying the stock at six dollars a share and have been holding it for over four years. I figured it might come back as Madame Wang would not let the company fold after taking it back from the American company she went into partners with and who came very close to destroying AXMP. I'm a little surprised that she has joined with another American company after her last experience. I've noticed in the past that Chinese companies seldom tell stock holders what their plans are. I think it is partially a culture thing as they are afraid of losing face if they say something is going to happen and then it doesn't. Also Madame Wang seemed to be pretty upset with the Americans that almost destroyed her company and cut off all comunication with the U.S. stockholders for several years. At least AXMP is still alive and unlike most shell companies you see on the pinks has a very small share count of around 20 million shares the last time I checked-about two My understanding of Madame Wang's history was that she came from a very rich family in China and had built up AXMP from scratch in China selling natural herbial medicines and was doing very well before teaming up with the Americans to introduce Sunkiss products to China and asll of southeast asia. The Americans also started the building in China of a huge state of the art drug processing plant that would be able to make medicines to sell all over the world usings AXMP's resources to build. It took several years to build the plant and just as it was being finished Madame Wang discovered that the Americans had been less than truthful about the contracts they had made with Sunkiss ands had burned through all the money leaving AXMP in a very bad position. That's when she took back control of her company and all news of what has happening came to a stop. From a Chinese poster we would sometimes get a little news about the troubles AXMP was having in China, but that stopped about two years ago and untill a few days ago it has been a waiting game. I figured that from what I had heard about Madame Wang and her family she would probably not walk away from her company without giving it her all, so I held the stock rather than selling for the tax write off. Time will tell if that was the right move.
I haven't talked to anyone lately. I have kind of lost all faith in anything they say.
NMKT is one big costly disappointment. I've been holding it for over five years with the s/p always going south. When it finally looked like it couldn't go any lower, PV did a reverse split-something he told me in person he would never do-and the s/p started another freefall.
For anyone still holding shares of NLAI, in answer to an e-mail, Stasi at NMKT sent me this information. "As for NLAI, the LOI with WWSG signed earlier this year has moved to a binding LOI with a closing date of around Nov. 1. I would expect more details to be issued on the terms of the transaction and what it mean for NLAI investors soon." I'm not sure what it means, but I thought I'd post it for all to read.
This may or may not be news, but I went to the IPKL web site and it was completely changed from my last visit, but I haven't looked at it for some time. They had all their products listed with pictures and under employment they said that they were collecting resumes for people looking for employment. How long has the new site been up? I have visited I-hub three or four times a week for the last two to three years and some how missed the change being discussed here. I do enjoy everyones posts, keep up the good work. I have sent e-mails to Kanno over the last few years with the last one several days ago with no responce. In the distant past he use to respond to my e-mails with a twenty minute phone call the next day. Now I send them to see if I get a message back saying they weren't able to be delivered, and when that doesn't happen I figure that THAT is good news of a sort. LOL
Thanks for the update, also. I haven't given up hope and still own 39,000,000 shares. It would sure be nice if some day this one finally pays off.
I still believe, for what it's worth. The longer it goes the better the chance that Madame Wang will pull this rabbit out of the hat. Most companies by now would either be completely gone or selling at .0001 cents a share, but then I believed in Santa Claus till I was sixteen. LOL
I feel the same way. From this day on I will not put one more dollar in a penny stock. It cost me over $200,000 and four or five years to learn that investing in penny stocks is a fools game. The regular market is bad enough, but at least I win once in a while.
Thanks for the PM. I tried to send you a reply to the mcall e-mail address but it didn't work. I'm glad you didn't sell, I remember you also. Send me a contact e-mail with an address using the PM and we can catch up.
Right before the close someone bought 20,000,000 shares at .0002. Whoever that was, he was agreeing with your sentiments about the future movement of the share price. Maybe it was an MM buying to sell at .0004 tomorrow. LOL
I agree with you that MSHA approval is BIG and the question is Kanno's character. If you look at his history you will see that Kanno has started several companies, made them successful and than sold them at a profit. Unless he has changed into a con man at this late stage of his life, he probably is trying to finish up his career with another success and not a scam. But the Madoff mutual fund scam showed that looking at a person's past success is no guarantee that they aren't running a scam. I for one did not buy any more shares after Kanno's first pr as I figured that the 39,000,000 I already owned would make me much richer if Kanno has really pulled IPKL's fat out of the fire, and if it was a scam, I didn't want to end up throwing any more good money down the drain. I definitely agree that we should be discussing this if we have any good information. But I felt very bad after IPKL went down to .0001 last year, because after several conversations with Kano on the phone, I had posted my very positive feeling about IPKL on this board and ended up feeling partially responsible for possibly misleading other investors, and I promised myself I would never do that again. I've been reading your posts for years on i-hub and have much respect for your opinions. Good luck to all us longs in IPKL.
When you see trades of 999,999 shares, They are usually by Schwab. Even when using a Schwab broker you can only buy or sell shares in quanities of 999,999 or less, which is a real pain in the a$$ when buying penny stocks.
Thanks for the answer to my trading question. Sometimes we just get lucky. As far as why SWS is listed as the seller of IPKL's mining system, it's probably because they put up the money for the testing and was the company that submitted the technology for testing. IPKL went to them because they had no money for the testing to get USA approval. I would think that SWS will end up with so many shares of IPKL after being bought by IPKL that they will have controling interest. The question is will they own 51% or 99% of IPKL, or somewhere in between, that's what's going to determine what our shares will end up being worth. I also expect that sometime in the near future IPKL will go under a name change to SWS. But whatever the name of IPKL ends up being will have no affect on the share value, how many shares SWS gets and whether the product is being bought by mines will determine how much each share is worth, two big UNKNOWNS.
When you stated that you bought 10 million shares for $650, how was that possible? What brokerage service did you use and how did you place the order? I thought that .0001 cents was the least amount that a share of a listed stock could be bought for, or did you buy the shares some other way? I believe you when you say you payed $650 for 10 million shares, I just would like to know how you did it, so I could maybe do the same.
I was thinking "why would SWS want to become IPKL?" - It's time comsumming and expensive for a private company to become a public company and if for some reason SWS wanted to become public, with SWS and IPKL already being joined at the hip so to speak, maybe it was easier and cheaper to become IPKL with a very favorable buy out by IPKL for SWS than have to pay all IPKL's shareholders .0006 cents a share and then going through the cost and time to make SWS a public company. In todays financial melt down it is almost impossible for small private companies to raise money, while public companies just sell shares. Whatever the reason, we as IPKL shareholders have to be better off now than we were two weeks ago when we were thinking that we were going to end up using our IPKL shares as wallpaper. I feel that IPKL shareholders at least now have a light shinning from the far end of the tunnel, even if we don't know the source of the light, at least there is a light. LOL
I also received an e-mail from Kanno telling me to check the IPKL web site for a news release and wishing me a Happy New Year. Like the legendary Phoenix maybe IPKL will rise from the dead to bring new life to our trading accounts. Maybe my first impression of Kanno was the right one - time will tell. I'm glad I only sold one million of my 40 million shares, maybe I will make some money off this investment {gamble} yet. LOL
NMKT was having trouble getting the old financials filed for the shell. Their attorney told them of a way to get the shell listed for nlai to use with out having to file all the old financials, but it required that nlai be delisted and when it comes back the call letters will be changed. The question is when it will happen? It will be interesting where the s/p will go when nlai becomes fully transparent and the number of shares outstanding is known. Right now the s/p is .0003 and I have other penny stocks that are higher than that with over a billion outstanding shares and no income or assets. NLAI is making money and growing with every quarter.
I would like to know why they hired PV as Turumi's replacement,and why PV took the job - doesn't PV have enough on his plate at NMKT and what do they see that we don't see in PV? Enquiring minds would like to know. LOL
NMKT-307,000 shares,CCSE-500,000 shares, NLAI-6,000,000 shares
A new SEC filing on 10/27/08 finishing out 2005. A little over 100 million shares listed as out. With NMKT owning 90% of company IF a 100 million shares out holds and isn't increased in 2006 that should be the float and if the company is doing 20 million this year the shares should be worth whatever a company doing 2 million a year in sales with a float of a 100 million shares. I don't know what that is, but I feel that it should be more than .0005 cents a share.
I've had the same problem with scottrade. I also use Charles Schwab and have found that my penny stock orders often get filled by them while my orders at scottrade sit. I don't know for sure, but I believe that scottrade uses a very limited number of market makers or something as they don't seem to have access to all the buying and selling going on in the penny stock market. That's just my guess.
I talked to Staci, NLAI's, IR Friday afternoon and she said that they have hired a high power law firm that specializes in the problems they are having with getting shell companies cleaned up so the new company,NLAI, can get listed on the OB board. she said that she didn't know exactly when they would be submitting the needed information to the SEC, but that she checked for new SEC listing Friday seeing if anything new had been added. That told me that she is expecting something to happen any day. The old listings for the shell that cover the buy out of them by NMKT says that there are about 129,000,000 common shares outstanding with NMKT owning 90% of the company with prefered shares. Those common shares are what we are buying on the open market. If those numbers are anywhere close to correct, when this company gets fully reporting our shares have to go up in value. If NLAI's net worth turns out to be just $10,000,000, and I believe it could be more than that, the remaining 129 million common shares should be worth about .007 cents. I thought it would be interesting to take a count, so that we could see how many shares are owned by the posters on this board. I'll keep the running count as people post what they hold and post the totals for everyone to see. I'll start with my share count. 6,000,000 shares